ANSWER Dear Investor,No, Kudotrade is not reliable as it is not licensed.This broker claims to be registered in St. Lucia, an offshore center with minimal investor protections where forex trading is not licensed. Additionally, despite its purported Dubai location, it is not registered with any relevant financial regulators.Therefore, we strongly advise against using Kudotrade to protect yourself. For a safer trading environment, we recommend opting for fully regulated brokers instead.
See more