Kudotrade gets initial UAE CMA approval, opens Dubai office, acquires Kudo.com
Retail FX and CFDs broker Kudotrade, operating until now offshore (domiciled in Mauritius), has announced the official opening of its new Dubai office, the rebranding of its digital presence to Kudo.com, and the receipt of initial regulatory approval from the UAE’s Capital Market Authority (CMA).
We’d note that at this stage Kudotrade has not yet received a final license from the CMA, nor does it yet appear in the CMA’s list of licensed companies.
The company said that this strategic expansion marks a significant step in Kudotrade’s commitment to strengthening its presence in the Middle East, one of the fastest-growing financial hubs globally, while reinforcing its long-term vision to operate within robust regulatory frameworks.
The newly established Dubai office will serve as a regional headquarters, enabling Kudotrade to better support its growing client base across the GCC and wider MENA region. The move reflects the company’s focus on proximity to key markets, enhanced client service, and deeper engagement with institutional and professional trading communities.
At the same time, Kudotrade has acquired the online domain to Kudo.com – a move designed to align its brand with a more streamlined, globally recognisable identity. The new domain reflects the company’s evolution into a broader, more sophisticated trading ecosystem, built for both retail and institutional participants.
For now, visitors to kudo.com get redirected to kudotrade.com, the broker’s current url, however it seems as though that might reverse in the near future, with a possible rebranding to just “Kudo”.
In parallel, Kudotrade has received initial approval from the Capital Market Authority (CMA), marking an important step toward full regulatory licensing in the UAE. This milestone underscores the company’s commitment to transparency, compliance, and operating to the highest standards within one of the region’s most respected financial regulatory environments.
Finley Wilkinson, Chief Operating Officer at Kudotrade, commented,
“The opening of our Dubai office represents more than just a geographic expansion – it is a strategic commitment to one of the most dynamic financial markets in the world. The UAE continues to set the standard for innovation, regulation, and global connectivity, making it a natural home for our next phase of growth.
“Our acquisition of Kudo.com reflects a broader evolution of the brand. We are building a platform that is not only accessible, but also credible and scalable for a global audience. Securing initial CMA approval further reinforces our commitment to operating within trusted regulatory frameworks as we continue to grow.”
Kudotrade offers a comprehensive trading environment across multiple asset classes, combining advanced technology, competitive pricing, and a user-focused experience. The company’s expansion into Dubai comes at a time of increasing demand for regulated, technology-driven trading solutions across the region.
With its strengthened regional presence, regulatory progress, and refreshed brand identity, Kudotrade said it is well-positioned to accelerate its growth and deepen its relationships with traders and partners worldwide.
About Kudotrade
Kudotrade was established in 2024 as an offshore (Mauritius domiciled) CFDs broker, and is operated mainly from Cyprus and Dubai. The company also recently launched a parallel retail prop trading outfit called Kudo Funded.
Kudo Trade (Mauritius) Ltd is authorised and regulated by the Financial Services Commission of Mauritius under license number GB24203599.
