Kudotrade

Kudotrade is a registered and regulated entity operating under the oversight of the Mauritius Financial Services Commission (FSC). The broker holds license number GB24203599, issued to Kudo Trade (Mauritius) Limited. Its registered office is located at 6 St Denis Street, 1/F River Court, Port Louis, Mauritius.

While Kudotrade is a licensed offshore broker, it’s important to highlight that it does not fall under the jurisdiction of the European Union’s MiFID II regulations or the UK’s Financial Conduct Authority (FCA). The platform explicitly states that its services are not targeted at UK residents and therefore do not offer the protections provided by the FCA or other EU-based regulatory frameworks.

For traders outside of these regions, Kudotrade’s regulation under the Mauritius FSC provides a basic level of oversight. However, compared to brokers regulated in tier-1 jurisdictions like the UK, EU, or Australia, the level of investor protection and recourse may be more limited.

While Kudotrade’s regulatory status offers a foundational layer of oversight for international traders, understanding the broker’s cost structure is equally important for evaluating its overall value. Let’s take a closer look at the fees and commissions associated with trading on the platform.

Kudotrade offers a competitive fee structure with two main account types and transparent pricing for its copy trading services.

For standard trading, the Standard Account comes with spreads starting from 0.7 pips and zero commission per lot, making it suitable for traders who prefer simple, all-in-one pricing.

For those who want tighter spreads and are willing to pay a commission, the Pro Account offers raw spreads from 0.0 pips, with a $8 commission per lot round-turn. Both accounts are available on the MT5 platform.

are not charged by Kudotrade, which is a strong advantage for cost-conscious traders.

When it comes to Kudo Copiers (copy trading), fees are only incurred when a trade is profitable and closed. The amount depends on the performance fee set by the signal provider. For instance, if a provider charges a 30% performance fee and you earn $100 in profit, you would pay $30 as the fee.

Overall, Kudotrade’s pricing model is clearly defined, with no hidden costs on transfers and a performance-based structure for copy trading that aligns fees with actual results.

Now that we’ve covered the overall fee structure and account types, let’s examine the specific spread fees traders can expect when using Kudotrade.

Spread Fees at Kudotrade

Kudotrade offers two account types with different spread fee structures designed to suit both casual and active traders.

The Standard Account features spreads starting from 0.7 pips and charges no commission, making it a straightforward choice for traders who prefer all costs to be included in the spread. This account is ideal for those who value simplicity and predictability in pricing.

On the other hand, the Pro Account offers raw spreads from 0.0 pips, but it comes with a $8 commission per lot round-turn. This setup benefits high-volume traders or those who require tighter spreads for their strategy, especially during high-volatility trading sessions.

Both accounts run on the MT5 platform and do not incur any deposit or withdrawal fees.

For copy traders using the Kudo Copiers feature, there are no spread-related markups imposed by Kudotrade. Instead, users pay a performance-based fee when a trade is profitable and closed, determined by the signal provider’s set percentage. For instance, a 30% fee on a $100 profit would result in a $30 charge.

Overall, Kudotrade provides a flexible spread structure with clear cost options depending on your trading style.

In addition to spreads and commissions, another cost traders should be aware of is the swap fee. Let’s take a closer look at how overnight financing is handled at Kudotrade.

Swap Fees at Kudotrade

Kudotrade applies swap fees to positions held overnight in the Forex market. These fees are based on the interest rate differential between the two currencies in a traded pair. Depending on the direction of the trade and the currencies involved, traders may either pay or receive a swap fee.

While this is a standard practice across most brokers offering leveraged Forex trading, it’s important for traders at Kudotrade to be aware of how these charges can impact long-term or overnight strategies. Managing exposure and understanding swap implications are essential for effective risk and cost control.

Beyond trading costs like swap fees, it’s also important to understand how funding and withdrawals work. Here’s how Kudotrade handles deposits and withdrawals.

Deposit Methods: Choose Your Preferred Payment Option

Kudotrade offers a variety of deposit options to suit different trader preferences. Clients can fund their accounts in USD, GBP, or EUR using debit or credit cards, making it convenient for most users.

In addition to card payments, Kudotrade supports instant bank transfers and cryptocurrency deposits, giving traders flexibility depending on their location and preferred payment method.

Depositing funds is straightforward. New users are taken directly to the Fund Account page after registration. Existing users can simply log in to the client portal and click on “Fund Account” to proceed.

Importantly, Kudotrade does not charge any deposit fees, allowing clients to transfer funds without worrying about extra costs.

The multi-currency support, combined with fee-free deposits and diverse funding options, makes Kudotrade accessible to a wide range of traders.

Withdrawal Methods

Kudotrade offers a range of withdrawal options, allowing clients to withdraw funds via credit card, debit card, bank transfer, or cryptocurrency. However, in line with the platform’s Anti-Money Laundering (AML) and First-In-First-Out (FIFO) policies, all withdrawals must be sent back to the original deposit method.

Withdrawals to third-party accounts are strictly prohibited. Funds can only be returned to accounts in the trader’s name, reinforcing Kudotrade’s compliance with international AML regulations.

Processing times are generally efficient. While withdrawals are officially processed within 3–5 working days, many are handled much faster. For real-time updates, clients can reach out via live chat or email support.

To make a withdrawal, clients must have a fully verified account. The withdrawal option can be found under the “Request” tab in the client portal.

If a trader wishes to cancel a withdrawal, they can do so as long as the request is still pending. Simply go to “My Account” > “Requests” > “Request Status”, and if the withdrawal hasn’t been processed yet, a “Cancel” button will be available. Once processed, cancellations are no longer possible.

Kudotrade’s withdrawal process is built with both user convenience and regulatory compliance in mind, offering multiple payout methods with clear policies and a user-friendly interface.

With a clear understanding of how to fund your account and access your profits, let’s now take a closer look at the range of tradable assets available on Kudotrade.

Kudotrade offers a wide and diversified selection of tradable assets through the MT5 platform, catering to both beginners and advanced traders. The broker provides access to Forex, stocks, commodities, metals, indices, and cryptocurrencies, allowing clients to build multi-asset portfolios and trade global markets with flexibility.

Forex

Kudotrade gives traders access to over 90+ Forex pairs, including majors, minors, and exotics. Liquidity is sourced from institutional-grade pools, ensuring tight pricing and fast execution.

Popular FX pairs available:

• AUD/USD
• EUR/USD
• GBP/EUR
• GBP/USD
• USD/CAD
• USD/JPY

All Forex trading is executed through the MT5 platform with leverage and competitive spreads available.

Stock CFDs

Clients can trade 100+ stock CFDs from major U.S. companies, allowing speculation on both rising and falling prices without owning the underlying shares.

Key features include:

• $0 commission per trade
  
• Ability to go long or short
• Hedging opportunities for portfolios

Popular share CFDs:

• AAPL (Apple)
• AMZN (Amazon)
• META (Meta Platforms)
• GOOG (Alphabet)
• NFLX (Netflix)

Commodities

Kudotrade supports trading in major commodity markets, including agricultural goods, energy, and metals. Traders can access both spot and CFD markets with real-time pricing.

Categories include:

• Agricultural: Wheat, corn, soybeans
• Energy: Crude oil, natural gas
• Metals: Gold, silver, copper

Popular commodity contracts:

• CL=F (Crude Oil)
• GC=F (Gold)
• SI=F (Silver)
• HG=F (Copper)
• RB=F (RBOB Gasoline)

Metals

Kudotrade provides a focused metals portfolio with both precious and base metals. Leverage up to 1:500 is available, with competitive spreads to keep trading costs low.

Tradable metals include:

• Gold
• Silver
• Platinum
• Copper

This segment is ideal for traders looking to capitalize on macroeconomic trends and inflation hedging.

Indices

Clients can trade 10+ global indices with leverage up to 200:1 and fast execution through MT5. Index trading allows exposure to entire economies or sectors, making it a popular choice for diversified strategies.

Popular indices available:

• Nasdaq 100 (NQ=F)
• Dow Jones (DJI)
• S&P 500 (^GSPC)
• Nikkei (NKD=F)

Index CFDs are useful for trend-following strategies and broader market exposure.

Cryptocurrencies

Kudotrade offers over 30+ cryptocurrency CFDs with leverage up to 10:1 and 24/7 market access. Traders benefit from fast execution without needing to manage a crypto wallet or use an exchange.

Popular crypto pairs:

• BTC/USD (Bitcoin)
• ETH/USD (Ethereum)
• SOL/USD (Solana)
• DOGE/USD (Dogecoin)

Kudotrade delivers a well-rounded trading environment with access to major global markets across asset classes. Whether you’re focused on Forex, interested in stocks, or looking to diversify with metals and crypto, Kudotrade offers the tools, markets, and leverage to execute a wide range of strategies.

Now that we’ve covered the variety of assets available on Kudotrade, it’s equally important to understand the leverage options offered across these markets.

Kudotrade offers flexible leverage across multiple asset classes, giving traders the ability to control larger positions with less capital. Leverage levels vary depending on the market, allowing users to tailor their risk exposure based on their trading strategy and asset preference.

• Forex: Kudotrade offers leverage of up to 1:500 on Forex trading, enabling traders to control larger positions with relatively small capital. With access to over 90 currency pairs, institutional-grade liquidity, and tight spreads, the platform is well-suited for leveraged strategies, though traders should apply proper risk management due to the increased potential for losses.
• Metals: Traders can access leverage of up to 1:500 on precious and base metals like gold, silver, platinum, and copper.
• Indices: Kudotrade provides up to 200:1 leverage for index trading, allowing traders to speculate on global market performance with minimal capital requirements.
• Cryptocurrencies: Crypto CFDs come with leverage of up to 10:1, giving clients the opportunity to magnify potential returns on volatile digital assets like BTC, ETH, SOL, and DOGE.

With this tiered leverage offering, Kudotrade allows traders to scale their positions while managing margin requirements according to asset volatility. As always, leveraged trading involves higher risk, and proper risk management is essential.

With leverage capabilities outlined, it’s also crucial to examine the risk protections Kudotrade has in place to safeguard traders, starting with their negative balance protection policies.

Kudotrade offers flexible leverage across multiple asset classes, giving traders the ability to control larger positions with less capital. Leverage levels vary depending on the market, allowing users to tailor their risk exposure based on their trading strategy and asset preference.

• Forex: Kudotrade offers leverage of up to 1:500 on Forex trading, enabling traders to control larger positions with relatively small capital. With access to over 90 currency pairs, institutional-grade liquidity, and tight spreads, the platform is well-suited for leveraged strategies, though traders should apply proper risk management due to the increased potential for losses.
• Metals: Traders can access leverage of up to 1:500 on precious and base metals like gold, silver, platinum, and copper.
• Indices: Kudotrade provides up to 200:1 leverage for index trading, allowing traders to speculate on global market performance with minimal capital requirements.
• Cryptocurrencies: Crypto CFDs come with leverage of up to 10:1, giving clients the opportunity to magnify potential returns on volatile digital assets like BTC, ETH, SOL, and DOGE.

With this tiered leverage offering, Kudotrade allows traders to scale their positions while managing margin requirements according to asset volatility. As always, leveraged trading involves higher risk, and proper risk management is essential.

With leverage capabilities outlined, it’s also crucial to examine the risk protections Kudotrade has in place to safeguard traders, starting with their negative balance protection policies.

Kudotrade provides Negative Balance Protection for retail clients, ensuring that traders cannot lose more than the funds they have deposited. This safeguard is essential in volatile markets where leveraged positions can move rapidly against a trader.

To further protect client capital, retail funds are held in segregated bank accounts, fully separate from Kudotrade’s operational funds. This structure ensures that in the event of insolvency or a business interruption, client funds remain secure and are returned according to a clear distribution process.

Clients can also confirm their classification status at any time. By choosing to remain permanently classified as a retail client, traders are guaranteed ongoing access to protections like negative balance protection and fund segregation.

These measures reflect Kudotrade’s commitment to responsible risk management and client fund safety.

Having covered Kudotrade’s client fund protections, let’s now turn to the trading platforms they offer, including support for automated strategies like bots and Expert Advisors (EAs).

Kudotrade operates exclusively on the MetaTrader 5 (MT5) platform, a leading multi-asset trading solution known for its advanced functionality and automation capabilities. MT5 fully supports algorithmic trading, including the use of Expert Advisors (EAs) and custom trading bots.

Traders can build, test, and deploy automated strategies using the platform’s built-in development tools. The terminal supports custom indicators, trading scripts, and backtesting across multiple assets, making it ideal for users looking to automate their trading strategies.

With access to over 250 trading instruments and leverage up to 1:500, Kudotrade on MT5 provides a flexible environment for automated and manual trading. Execution is fast and reliable, ensuring EAs operate with minimal slippage.

In addition to desktop, Kudotrade also offers mobile app access for Windows, macOS, and Linux devices, allowing traders to monitor their open orders or control their bots and EAs on the go.

For those relying on automation, Kudotrade’s MT5 infrastructure delivers both the flexibility and stability required for round-the-clock algorithmic trading.

Key features of MT5:

• Multi-Asset Trading
• Advanced Charting Tools
• Algorithmic Trading
• Market Depth and Depth of Market
• Copy Trading and Signals
• Risk Management tools
  Mobile and Web Trading
• Security and Reliability

With a solid platform foundation supporting both manual and automated trading, we now examine the types of trading accounts Kudotrade offers to suit different trader needs.

Kudotrade offers two main account types designed to suit both new and experienced traders: the Standard Account and the Pro Account. Both accounts run on the MetaTrader 5 (MT5) platform and provide access to over 250 trading instruments, including Forex, commodities, metals, indices, and crypto.

Standard Account

The Standard Account is ideal for traders transitioning to live markets. It features spreads from 0.7 pips, zero commission. Orders are executed using Straight Through Processing (STP), giving traders access to real market prices from liquidity providers.

Key features:

• Spreads from 0.7 pips
  
• $0 commission per trade
  
• Minimum deposit: $50 / €50 / £50
• Execution type: STP
• Base currencies: USD, EUR, GBP
• Minimum trade size: 0.01 lots
• Platform: MT5

This account is designed for efficient execution and low-cost trading. By working with top-tier liquidity providers, Kudotrade ensures competitive spreads and ultra-low latency via its Equinix LD4 data center.

Pro Account

The Pro Account is built for experienced traders who prioritize low trading costs and deeper liquidity. With spreads from 0.0 pips and a commission of $8 per lot, this ECN-style account is suited for high-volume and professional traders.

Key features:

• Spreads from 0.0 pips
  
• $8 commission per lot
  
• Minimum deposit: $5,000 / €5,000 / £5,000
• Execution type: ECN
• Base currencies: USD, EUR, GBP
• Minimum trade size: 0.01 lots
• Leverage: Up to 1:500
• Platform: MT5

This account gives traders the flexibility to select their preferred leverage, reduce trading costs, and access institutional-grade liquidity for optimal execution.

Kudotrade’s account offerings are structured to support a wide range of trading styles and strategies with reliable execution, flexible leverage, and access to global markets.

After understanding the account options available, let’s look at how to quickly and easily sign up for a trading account with Kudotrade.

How to Sign Up for a Trading account at Kudotrade

Getting started with Kudotrade is fast and straightforward. The broker has streamlined the account registration process into a few simple steps, making it accessible for both beginners and experienced traders.

Step 1: Register

Visit Kudotrade’s website and click “Open Account.” You’ll choose between a Live Account or a Demo Account. To begin, you’ll be asked to provide basic information including:

• Full name
• Email address
• Password creation
• Confirmation that you’re not a U.S. citizen
• Agreement to the Terms & Conditions and Privacy Policy

Once submitted, you’ll continue through a three-step process to enter:

• Personal details (e.g. date of birth, address, phone number)
• Financial information (trading experience, employment status, etc.)
• Preferred account currency (USD, EUR, or GBP)

Step 2: Fund Your Account

After registration, log into your client dashboard and go to the “Fund Account” section. Kudotrade supports multiple deposit methods including debit/credit card, bank transfer, and cryptocurrency with no deposit fees.

Step 3: Start Trading

Once your account is funded, you’ll gain full access to trade over 250+ financial instruments across Forex, stocks, crypto, indices, commodities, and more, all via the MetaTrader 5 (MT5) platform.

Kudotrade’s sign-up process is designed to take just a few minutes, providing a fast gateway to global financial markets with ultra-low spreads and advanced trading technology.

Once your account is set up, Kudotrade offers a range of educational resources to help traders at every level enhance their knowledge and build confidence in the markets.

Kudotrade offers a comprehensive set of educational tools designed to support traders at every stage of their journey, from absolute beginners to more advanced market participants. The platform’s learning resources are structured to cover foundational concepts, practical tools, trading psychology, and platform usage.

Free Beginner to Independent Trading Course

Kudotrade’s structured course guides users from the basics of financial markets to independent strategy implementation. It’s organized into key learning areas:

• Getting Started: Learn about shares, Forex, indices, commodities, interest rates, and government bonds.
• Tools and Software: Understand how to use charting tools for analysis and trade planning.
• CFDs and Spread Betting: Covers how these instruments work and the key differences between them.
• Order Execution & Leverage: Explains how orders are placed, how leverage works, and the risk of margin calls.
• Fundamental Analysis: Learn how to analyze economic news, financial data, and market sentiment.
• Technical Analysis: Explore candlestick patterns, support and resistance, trendlines, Fibonacci levels, and advanced strategies like breakouts and harmonic patterns.
• Money Management: Gain insights into building a trading plan and managing risk effectively.
• Trading Psychology: Identify emotional traps, discipline issues, and mental biases that impact trading performance.

Kudotrade Academy – Video Tutorials

For visual learners, Kudotrade Academy provides hands-on video tutorials that walk users through the practical use of trading tools, including the MetaTrader 5 (MT5) platform and the Kudo Copy Trader app. Topics include:

• How to log into MT5 on mobile and web
• How to place trades using MT5
• Navigating the MT5 Webtrader via Kudotrade’s Client Portal
• How to sign into and use the Kudo Copy Trader app
• Following signal providers and analyzing their performance

These videos make platform navigation and tool usage simple and accessible, even for those with no prior trading experience.

Kudotrade’s educational offering is well-rounded, combining structured courses with practical video guides. This approach supports both theoretical understanding and real-world application, making it easier for users to grow from new traders into confident, self-directed market participants.

In addition to its educational offerings, Kudotrade ensures that traders have access to timely assistance through its dedicated customer support channels.

Kudotrade offers responsive and multi-channel customer support, making it easy for clients to get help when needed. Whether you’re dealing with a platform issue, need account assistance, or have general inquiries, Kudotrade’s support team is available to assist.

Support Contact Options

• Email: You can reach out to the team at contact@kudotrade.com. Email responses are typically provided within 12 hours.
• Live Chat: For real-time assistance, live chat is available daily from 06:00 AM to 11:59 PM GMT.
• Phone: For more direct communication, Kudotrade can be reached at +44 208 068 2740.

The support team is based at Kudotrade’s registered office in Port Louis, Mauritius.

Complaints Handling Process

If you need to raise a formal complaint, Kudotrade has a structured process in place:

• Submit via Email: Clearly outline the issue, provide all relevant details and documentation, and specify the resolution you’re seeking.
• Investigation: Kudotrade’s staff will acknowledge your complaint and may conduct an internal investigation if necessary.
• Resolution Timeline: The broker allows up to 60 calendar days to fully resolve complaints. If delays occur, they will update you with reasons, a progress update, and the expected resolution date.
• External Resolution: If the issue remains unresolved, Kudotrade will provide contact details for an external dispute resolution body.

Kudotrade aims to resolve most issues internally and to the client’s satisfaction, maintaining a transparent and structured complaint handling framework.

Kudotrade provides solid customer support coverage through multiple communication channels and a clear process for resolving issues. The availability of both live and formal support options ensures that clients can get assistance quickly and effectively.

With responsive support available through multiple channels, Kudotrade demonstrates a strong commitment to customer service, an important factor for both new and experienced traders. In summary, here’s how the platform stacks up overall.

Kudotrade is a globally accessible CFD broker offering over 250 instruments across forex, stocks, crypto, commodities, indices, and metals. With flexible leverage up to 1:500, ultra-low spreads, and $0 commission on standard accounts, it caters to both new and experienced traders. The broker supports automated strategies via MetaTrader 5, provides negative balance protection for retail clients, and offers step-by-step educational resources through its Kudotrade Academy. Fast execution, competitive fees, and 24/7 crypto access further enhance the trading experience. For those seeking a feature-rich platform with transparent pricing and responsive support, Kudotrade is worth considering.

To complement our evaluation, it’s essential to consider what actual users are saying. Below is a breakdown of Kudotrade’s TrustPilot reviews, highlighting the key pros and cons shared by traders.