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
Is SWSI a safe platform for trading and investing?
Rustam R
07-10
Does Meiji Yasuda offer adequate investor protection?
Tricia54
08-24
Is Pure Market properly regulated?
helpneeded
07-06
What are my thoughts on the pros and cons of Polenergia?
Sanford
07-12
Can I trust China Galaxy as a reliable and secure broker for trading purposes?
Wahab
07-29