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Kudotrade Forex Broker keeps up-to-date with the latest trading account information, including Pro, Standard maximum leverage of --, trading varieties, and more
Rating Index
Pros
Competitive minimum deposit of $50 for the standard account.
Access to a wide range of trading instruments including forex, commodities, and cryptocurrencies.
User-friendly trading platform (MetaTrader 5) with advanced analytical tools and educational resources.
Cons
Lack of robust regulation, as it operates under an offshore license which may not provide adequate investor protection.
High commissions for the pro account, making it less attractive for experienced traders.
Withdrawal processing times are longer than many competitors, taking 3 to 5 business days.
Kudotrade broker Accounts
Pro
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$5000
Minimum Spread
From 0
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
$8 per lot
Products
--
Standard
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$50
Minimum Spread
From 0.7
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
$0
Products
--
Kudotrade Account Type
Kudotrade offers two types of trading accounts for its users:
- Standard Account:
- Minimum Deposit: $50
- Spreads: From 0.7 pips
- Trading Commission: None
- Execution Type: STP (Straight Through Processing)
- Base Currency: GBP, EUR, USD
- Pro Account:
- Minimum Deposit: $5,000
- Spreads: From 0 pips
- Trading Commission: $8 per lot
- Execution Type: ECN (Electronic Communication Network)
- Base Currency: GBP, EUR, USD
- Visit the Official Website: Navigate to Kudotrades official site.
- Click on Account Opening Option: Look for the “Start Trading” or “Open Account” button typically located at the top right corner of the homepage.
- Fill in Personal Information: Complete the registration form by providing your name, email address, and creating a login password.
- Submit Application: After filling in the required details, submit the application form.
- Identity Verification: The platform will request you to upload proof of identity and address verification documents.
- Account Activation and Funding: Once your identity is verified, your account will be activated, and you can proceed to make deposits and start trading.
Kudotrade Broker Account Opening Process
The process to open an account with Kudotrade is straightforward and involves the following steps:
For more details, please visit the sources:
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Kudotrade accounts can be viewed for products that can be traded -- accounts with a minimum deposit of $5000 by (2+) --.