Score
Kudotrade
https://www.kudotrade.com
Website
Rating Index
Influence
Influence
C
Influence index NO.1
Contact
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
Account
- Environment--
- Currency--
- Maximum Leverage--
- SupportedEA
- Minimum Deposit$5000
- Minimum SpreadFrom 0
- Depositing Method--
- Withdrawal Method--
- Minimum Position--
- Commission$8 per lot
- Products--
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Website
- kudotrade.com 162.159.135.42Server Location- United States ICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Genealogy
Relevant Enterprises
Company Summary
| Kudotrade Review Summary | |
| Founded | 2024 | 
| Registered Country/Region | Saint Lucia | 
| Regulation | Unregulated | 
| Market Instruments | 250+, stocks, indices, commodities, forex, cryptos, metals | 
| Demo Account | ✅ | 
| Leverage | Up to 1000:1 | 
| Spread | From 0.7 pips (Standard account) | 
| Trading Platform | MetaTrader 5 | 
| Min Deposit | $50 | 
| Customer Support | Live chat | 
| Tel: +44 208 068 2740 | |
| Email: contact@kudotrade.com | |
| Twitter, Facebook, Instagram, YouTube and Linkedin | |
| Address: Floor 38, Media One Tower, Dubai, UAE | |
| Regional Restrictions | The United States, United Arab Emirates | 
Kudotrade was registered in Saint Lucia in 2024 but not regulated. It supports a variety of trading instruments, allows for the opening of virtual accounts, and uses MT5 as its trading platform. Its leverage can reach up to 1:1000, with a minimum deposit of $50, and it also claims to offer low spreads.

Pros and Cons
| Pros | Cons | 
| 250+ tradable instruments | New to the market | 
| Demo accounts | Unregulated | 
| Flexible leverage ratios | Unknown payment methods | 
| Commission-free account offered | Regional restrictions | 
| Support MT5 | |
| Acceptable minimum deposit | |
| Live chat support | 
Is Kudotrade Legit?
No, Kudotrade is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.


What Can I Trade on Kudotrade?
Kudotrade offers over 100 stocks, over 10 indices, commodities, 90+ forex pairs, over 30 cryptos and metals.
| Tradable Instruments | Supported | 
| Stocks | ✔ | 
| Indices | ✔ | 
| Commodities | ✔ | 
| Forex | ✔ | 
| Cryptos | ✔ | 
| Metals | ✔ | 
| Bonds | ❌ | 
| Options | ❌ | 
| ETFs | ❌ | 

Account Type
Kudotrade offers two types of live accounts and allows for the opening of demo accounts.
| Account Type | Standard | Pro | 
|---|---|---|
| Base Currencies | GBP, EUR, USD | GBP, EUR, USD | 
| Min Deposit | $50 | $5,000 | 
| Execution Type | STP | ECN | 

Leverage
Kudotrade offers different maximum leverage ratios for different asset classes.
| Asset Class | Leverage | 
| Forex | 1:1000 | 
| Stocks | |
| Commodities | |
| Metals | |
| Indices | 1:200 | 
| Crypto | 1:10 | 
Spread and Commission
Spreads and commissions vary on the account type.
| Account Type | Spread | Commission | 
|---|---|---|
| STANDARD | From 0.7 pips | ❌ | 
| PRO | From 0 pips | $8 per lot | 
Trading Platform
Kudotrade uses MT5 as a trading platform.MT5 is developed by MetaQuotes Software Corp. This company has rich experience in the field of financial trading software. MT5 is a product upgraded and expanded on the basis of the success of MT4 (MetaTrader 4), aiming to provide more advanced and flexible trading solutions for global investors and financial institutions.
| Trading Platform | Supported | Available Devices | Suitable for | 
| MT5 | ✔ | / | Experienced traders | 
| MT4 | ❌ | / | Beginners | 

Keywords
- 1-2 years
- Suspicious Regulatory License
- Self-developed
- Suspicious Scope of Business
- High potential risk
News

News Kudotrade Secures Regulator License
The Financial Services Commission (FSC) of Mauritius has awarded Kudotrade, a pioneer in international financial trading services, a prestigious licence. Kudotrades dedication to operating at the high

News Catharine joins Kudotrade as Global Head of HR
Kudotrade has welcomed Catharine Ioannou as their new Global Head of Human Resources. Bringing her extensive expertise in people strategies and organisational development, Catharine is set todriveKudo

News Kudotrade Launch Copy Trading App
Introducing the Kudo Copy Trader: Revolutionising Investment OpportunitiesIn the dynamic world of trading, innovation is paramount. At Kudotrade, we are dedicated to empowering our clients with cuttin

News Kudotrade Launch It's New WebTrader
Kudotrade have now launched their custom web trader into their client portal!

News Kudotrade Available Asset Classes
Kudotrade has launched with over 250 tradable assets on it's innovative & advanced trading platform!

Exposure Kudotrade: A Comprehensive Overview
Kudotrade, a relatively new player in the forex trading arena, has been operating for less than a year. Registered in Saint Lucia, the broker is a trading name of Kudo Trade Ltd. Despite its efforts to present itself as a versatile trading platform, Kudotrade faces significant challenges that prospective traders should be aware of.
Wiki Q&A
Are there commissions?
Yes, Pro accounts are subject to a commission fee of $8 per standard lot. Standard accounts do not incur commission charges, instead relying on slightly wider spreads to cover costs.
Do they offer a demo or Islamic account?
A demo account is available for testing strategies and familiarizing with the MT5 platform. There is no mention of Islamic (swap-free) account availability on Kudotrade’s site or documentation.
What are the pros of Kudotrade?
Kudotrade gives access to over 250 tradable instruments, including 90+ forex pairs and 30+ cryptocurrencies. It supports the MetaTrader 5 platform, offers demo accounts for beginners, allows high leverage up to 1:1000, and maintains a low entry threshold with a $50 minimum deposit.
Is Kudotrade safe and legit?
Kudotrade is not considered safe in the regulatory sense. The absence of a license means it lacks formal supervision, and client funds are not protected by regulatory mandates such as segregated accounts or investor compensation schemes. Caution is advised when dealing with unregulated platforms.
User Reviews 16
 
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brothersfx
Croatia
My account balance dropped sharply, not because of my strategy, but because of execution failures outside my control. A trade that should have closed in profit was instead hit with severe slippage, flipping it into a loss
Exposure
kingjamesfx
Croatia
Despite claiming tight spreads, hidden markups and slippage have cost me heavily over time Stop-loss orders were triggered far beyond my set levels, resulting in unnecessary losses that shouldn’t happen with a fair broker
Exposure
loveth5521
France
Trading with this broker has been a costly mistake. Severe slippage caused me to lose money on trades that, under normal execution conditions, would have been profitable. The manipulation is not occasional—it’s systemic and designed to drain client accounts.
Exposure
FX1530089562
United Kingdom
It has a easy to work interface, it was also fast to deposit, I haven't had any issues on this broker yet, let's see how it goes
Positive
FX3628882596
United Kingdom
I used the kudo broker and I think it's good,it was easy and fast to deposit
Positive
rita580
Netherlands
Every time I opened a trade, I compared the execution price to multiple independent feeds. The broker’s numbers were consistently off, always in a way that hurt my positions. Over two months, this 'coincidence' drained more than 35% of my account.
Exposure
FX4104049496
United Kingdom
I really don't like this broker I had to always shift my stop loss because of spread and didn't have any profit.
Exposure
FX1950769879
United Kingdom
Scam broker, my trade didn't even get to a minute before it hit stop loss, I don't recommend
Exposure
kenny4031
United Kingdom
Over the course of three months, my account balance dropped significantly because of constant slippage on my trades. Even during calm market conditions, my entries and exits were shifted in the broker’s favor, turning winning trades into losses. I have never experienced such consistent manipulation elsewhere
Exposure
FX4606933812
United Kingdom
kudo trade broker is not that bad, I think I like the fact that it's deposit threshold is affordable for everyone and very fast too
Positive
greatfx921
Finland
Based on my personal experience, I strongly advise against using this broker. They engage in highly questionable practices, including artificial price manipulation and sudden spread widening—often during low liquidity or high-impact news events—designed to trigger stop-losses and drain traders' equity. These tactics appear to be intentionally aimed at profiting from client losses. Despite presenting themselves as a legitimate trading platform, their operations lack transparency and integrity. I learned this lesson through significant personal losses, and I caution others to thoroughly research and choose only regulated, reputable brokers to safeguard their investments.
Exposure
salemfx
Netherlands
This broker is unreliable. They manipulate the market and move prices however they want, just to wipe out traders’ accounts. Please don’t use them—you’ll likely lose your money too. I found out the hard way.
Exposure
kamalaf
Spain
when I open any trade it must always be in loss due to the severe slippage they went as far as taken my 15usd immediately I opened multiple positions
Exposure
mariafx
Spain
After trading and getting a few dollars in profit they used price manipulation to blow up my account before adjusting the price back to normal and it happened so fast I couldn't even close the trade
Exposure
FX3876684479
United Kingdom
The account price difference is too large (about 0.16 US dollars) and there is severe slippage, making it impossible to withdraw funds
Exposure
kingpasfx
France
After depositing it took less than 2 minutes to arrive that was very fast
Positive