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The WikiFX Score of this broker is reduced because of too many complaints!

Kudotrade

Mauritius | 1-2 years |
Suspicious Regulatory License | Self-developed | Suspicious Scope of Business | High potential risk

https://www.kudotrade.com

Website

Rating Index

Influence

Influence

C

Influence index NO.1

France 3.27
Surpassed 13.20% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+44 208 068 2740
contact@kudotrade.com
https://www.kudotrade.com
6 St Denis Street, 1/F River Court, Port Louis, Mauritius
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-08-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Mauritius
Operating Period
1-2 years
Company Name
Kudo Trade (Mauritius) Ltd
Customer Service Email Address
contact@kudotrade.com
Contact Number
+442080682740

brothersfx

Unverified

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

08-19

kingjamesfx

Unverified

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

08-19

loveth5521

Unverified

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

08-15

FX1530089562

Unverified

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

08-15

FX3628882596

Unverified

United Kingdom

I used the kudo broker and I think it's good,it was easy and fast to deposit

Positive

08-14

rita580

Unverified

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

08-14

FX4104049496

Unverified

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

08-13

FX1950769879

Unverified

United Kingdom

Scam broker, my trade didn't even get to a minute before it hit stop loss, I don't recommend

Exposure

08-12

kenny4031

Authenticated
Unverified

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

08-12

FX4606933812

Unverified

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

08-08

greatfx921

Unverified

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

08-07

salemfx

Unverified

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

08-07

kamalaf

Unverified

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

08-07

mariafx

Unverified

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

08-06

FX3876684479

Unverified

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

08-06

kingpasfx

Unverified

France

After depositing it took less than 2 minutes to arrive that was very fast

Positive

08-05

16
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Official website

Website

kudotrade.com
162.159.135.42
Server Location
United States
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

Company Summary

Kudotrade Review Summary
Founded2024
Registered Country/RegionSaint Lucia
RegulationUnregulated
Market Instruments250+, stocks, indices, commodities, forex, cryptos, metals
Demo Account
LeverageUp to 1000:1
SpreadFrom 0.7 pips (Standard account)
Trading PlatformMetaTrader 5
Min Deposit$50
Customer SupportLive 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 RestrictionsThe 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.

Kudotrade's homepage

Pros and Cons

ProsCons
250+ tradable instrumentsNew to the market
Demo accountsUnregulated
Flexible leverage ratiosUnknown payment methods
Commission-free account offeredRegional 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.

No license
Domain information

What Can I Trade on Kudotrade?

Kudotrade offers over 100 stocks, over 10 indices, commodities, 90+ forex pairs, over 30 cryptos and metals.

Tradable InstrumentsSupported
Stocks
Indices
Commodities
Forex
Cryptos
Metals
Bonds
Options
ETFs
What Can I Trade on Kudotrade?

Account Type

Kudotrade offers two types of live accounts and allows for the opening of demo accounts.

Account TypeStandardPro
Base CurrenciesGBP, EUR, USDGBP, EUR, USD
Min Deposit$50$5,000
Execution TypeSTPECN
Account comparison

Leverage

Kudotrade offers different maximum leverage ratios for different asset classes.

Asset ClassLeverage
Forex1:1000
Stocks
Commodities
Metals
Indices1:200
Crypto1:10

Spread and Commission

Spreads and commissions vary on the account type.

Account TypeSpreadCommission
STANDARDFrom 0.7 pips
PROFrom 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 PlatformSupportedAvailable DevicesSuitable for
MT5/Experienced traders
MT4/Beginners
MT5

Keywords

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

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