CFD Broker Kudotrade Launches Prop Trading Arm, Will Compete With Axi, OANDA and Others

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CFD brokerKudotrade has launched its retail proprietary trading platform "KudoFunded," offering traders access to up to $200,000 in capital. TheMauritius-regulated broker joins a growing list of traditional financial firmsexpanding into the prop sector.CFD Broker KudotradeEnters Prop Trading Theplatform follows a standard prop trading model where participants completeevaluation challenges, demonstrate performance under risk management rules, andreceive funding upon qualification. Traders who pass evaluations can accessfunding programs with what the company describes as "generous profitshares" and guaranteed payouts."Ourvision has always been to break down barriers and give traders the chance tosucceed on a global stage," said Finley Wilkinson, Director at Kudotrade."Talented traders everywhere can demonstrate their skill, earn generousprofit shares, and grow without the limitations of personal capital."KudoTradeis a relatively new brand in the retail CFD market and announced plans tolaunch a prop trading division as early as July. At the time, Wilkinsoncommented that the platform aims to “give talented traders the tools andcapital they need to thrive.”CFD Firms Rush Into PropTradingKudotrade'slaunch comes as multiple CFD brokers pivot toward proprietary trading services.The move reflects broader industry shifts where traditional retail brokers seeknew revenue streams amid regulatory pressures and changing market dynamics.In additionto lesser-known brands such as MarketsVox, which entered the prop tradingmarket in October 2024, several major brokers have already been active in thisspace for some time. Between late 2023 and early 2024, companies includingOANDA, Hantec Markets, IC Markets and Axi launched their own brands, offeringaccount sizes ranging from as little as $2,000 up to as much as $1 million.The proptrading sector has also attracted significant attention from companies beyondCFDs. Kraken, the cryptocurrency exchange, recently announced its own entryinto proprietary trading, signaling that the trend extends beyond traditionalCFD operators.Executive Migration ContinuesThe proptrading boom has triggered notable executive movement from CFD brokers to propfirms. Recent high-profile moves include Yassin Mismar's transition from EquitiGroup to FundingPips as Head of Sales and Retention, and Zoltan Nemeth'sappointment as Head of Business Development at FunderPro after roles atSwissquote and ZuluTrade.Several CFDveterans have launched their own prop platforms. Andreas Andreou, formerBDSwiss executive, founded thePropTrade.com, while Brian Griffin and RyanNettles created Fuze Traders, which later merged with CFD broker KuberaMarkets.Some propfirms are simultaneously moving into traditional brokerage services, hiringexperienced CFD executives to lead these divisions. FTMO appointed MichaelKamerman as CEO of its brokerage arm before acquiring OANDA, while FundedNextlaunched brokerage services under a Comoros license.You may also like:This article was written by Damian Chmiel at www.financemagnates.com.