CFD broker
Kudotrade has launched its retail proprietary trading platform “Kudo
Funded,” offering traders access to up to $200,000 in capital. The
Mauritius-regulated broker joins a growing list of traditional financial firms
expanding into the prop sector.
CFD Broker Kudotrade
Enters Prop Trading
The
platform follows a standard prop trading model where participants complete
evaluation challenges, demonstrate performance under risk management rules, and
receive funding upon qualification. Traders who pass evaluations can access
funding programs with what the company describes as “generous profit
shares” and guaranteed payouts.
“Our
vision has always been to break down barriers and give traders the chance to
succeed on a global stage,” said Finley Wilkinson, Director at Kudotrade.
“Talented traders everywhere can demonstrate their skill, earn generous
profit shares, and grow without the limitations of personal capital.”
KudoTrade
is a relatively new brand in the retail CFD market and announced plans to
launch a prop trading division as early as July. At the time, Wilkinson
commented that the platform aims to “give talented traders the tools and
capital they need to thrive.”
CFD Firms Rush Into Prop
Trading
Kudotrade’s
launch comes as multiple CFD brokers pivot toward proprietary trading services.
The move reflects broader industry shifts where traditional retail brokers seek
new revenue streams amid regulatory pressures and changing market dynamics.
In addition
to lesser-known brands such as MarketsVox, which entered the prop trading
market in October 2024, several major brokers have already been active in this
space for some time. Between late 2023 and early 2024, companies including
OANDA, Hantec Markets, IC Markets and Axi launched their own brands, offering
account sizes ranging from as little as $2,000 up to as much as $1 million.
The prop
trading sector has also attracted significant attention from companies beyond
CFDs. Kraken, the cryptocurrency exchange, recently announced its own entry
into proprietary trading, signaling that the trend extends beyond traditional
CFD operators.
Executive Migration Continues
The prop
trading boom has triggered notable executive movement from CFD brokers to prop
firms. Recent high-profile moves include Yassin Mismar’s transition from Equiti
Group to FundingPips as Head of Sales and Retention, and Zoltan Nemeth’s
appointment as Head of Business Development at FunderPro after roles at
Swissquote and ZuluTrade.
Several CFD
veterans have launched their own prop platforms. Andreas Andreou, former
BDSwiss executive, founded thePropTrade.com, while Brian Griffin and Ryan
Nettles created Fuze Traders, which later merged with CFD broker Kubera
Markets.
Some prop
firms are simultaneously moving into traditional brokerage services, hiring
experienced CFD executives to lead these divisions. FTMO appointed Michael
Kamerman as CEO of its brokerage arm before acquiring OANDA, while FundedNext
launched brokerage services under a Comoros license.
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This article was written by Damian Chmiel at www.financemagnates.com.
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