- Kudo.com secured a UAE Category 5 license, allowing client referrals and marketing activities as part of its Gulf expansion.
Kudo.com, formerly known as Kudotrade, has received a Category 5 license in the United Arab Emirates, marking an important step in its regional growth plans.
The approval, granted on June 9, allows the broker to promote its services and introduce clients within the UAE.
While the license enables marketing and client referral activities, Kudo.com is not authorized to execute trades or hold customer funds locally.
The company has also expanded its platform by adding a range of Gulf-listed stocks, including leading companies from the UAE, Saudi Arabia, Qatar, and Kuwait.
