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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