Global Broker Regulation Inquiry App
WikiFX
ritzyshona 
1-2 years
Is Kudotrade safe and legit?
Broker Issues
Regulation
06-25
United States
WikiFX
Reply
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.
Similar Questions
What do I think are the cons of TradeFW’s regulation?
Phoebe Yao
05-27
Does FNory have any cons?
Elio Matacena
07-21
Is SBI SECURITIES overseen by any financial regulatory bodies, and if so, which ones?
Darren Ross
08-03
What are the advantages and disadvantages of using ICAP?
Jezreel2
08-04
What’s good about JFD?
Thobani Dlalda
07-11