Kudotrade Was Registered In Mauritius In 2024 But Is Not Regulated. It Supports Multiple Trading Instruments, Allows Virtual Accounts To Be Opened And Uses MT5 As A Trading Platform. It Has Leverage Up To 1:1000 With A Minimum Deposit Of 50 Dollars And Also Claims To Offer Low Spreads.
Pros And Cons
Pros: 250 + Tradable Instruments, Demo Account, Flexible Leverage Ratio, Commission-free Account, MT5 Support, Acceptable Minimum Deposit, Online Chat Support
Cons: New Entrants To The Market, Unknown Payment Methods, Regional Restrictions
What Can I Trade On Kudotrade?
Kudotrade Offers More Than 100 Stocks, 10 Indices, Commodities, More Than 90 Foreign Exchange Pairs, More Than 30 Cryptocurrencies And Precious Metals.
Account Types
Kudotrade Offers Two Types Of Real Offers, Accounts, And Allows Opening Demo Accounts, Accounts.
Leverage
Kudotrade Offers Different Maximum Leverage Ratios For Different Asset Classes.
Spreads And Commissions
Spreads And Commissions Vary Depending On The Account Type.
Trading Platform
Kudotrade Uses MT5 As Its Trading Platform. MT5 Was Developed By MetaQuotes Software Corp. The Company Has Extensive Experience In The Field Of Financial Trading Software. MT5 Is An Upgraded And Expanded Product That Builds On The Success Of MT4 (MetaTrader 4) And Aims To Provide More Advanced And Flexible Trading Solutions To Investors And Financial Institutions Groups Worldwide.
