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 UCTrader overseen by any regulatory bodies, and if so, which financial authorities are responsible for its regulation?
Jezreel2
08-14
Is Rame Markets safe and legit?
J Forex Trader
02-09
Does Power Trading have any cons?
Ibgentle
07-19
Can Polenergia be trusted with my green energy needs?
sweetosh
08-23
In what ways does HCFX’s regulatory status help safeguard my funds?
Chris hagerman
06-28