Abstract:KOT4X is an online forex broker founded in 2020 and located in St. Vincent and the Grenadines. It offers a variety of account types with different spreads, commissions, and minimum deposits, and a maximum leverage of up to 1:500. Deposits and withdrawals can be made through several cryptocurrencies or debit/credit cards via third-party providers. The customer care service includes options for call back, submitting a ticket, Instagram, and FAQs. While there are no educational resources on the website, KOT4X offers a range of trading instruments, including forex, commodities, and cryptocurrencies.
KOT4XReview Summary | |
Founded | 2018 |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | Unregulated |
Market Instruments | Forex (Majors, Crosses, Exotics), Cryptocurrencies, Indices, Energies, Metals, Stocks, Futures |
Demo Account | / |
Leverage | Up to 1:500 |
Spread | Tight Spread |
Trading Platform | TradeLocker |
Min Deposit | $10 |
Customer Support | Email: support@kot4x.com |
Social Media: Instagram | |
Contact Form | |
Live Chat |
KOT4X is an online trading platform registered in Saint Vincent and the Grenadines, operating without regulation. It offers access to a wide range of market instruments, including Forex (Majors, Crosses, Exotics), Cryptocurrencies, Indices, Energies, Metals, Stocks, and Futures.
Pros | Cons |
Diverse tradable asset classes | Lack of regulation |
TradeLocker available | Doesn't offer demo account |
Low minimum deposit requirement |
No, KOT4X currently has no valid regulations. Please be aware of the risk!
KOT4X claims to provides tradable accets including Forex (Majors, Crosses, Exotics), Cryptocurrencies, Indices, Energies, Metals, Stock, Future.
Trading Asset | Available |
forex | ✔ |
metals | ✔ |
futures | ✔ |
indices | ✔ |
energies | ✔ |
stocks /shares | ✔ |
cryptocurrencies | ✔ |
options | ❌ |
funds | ❌ |
ETFs | ❌ |
commodities | ❌ |
KOT4X provides an ECN account for standard trading, along with a dedicated Corporate account designed for institutional clients.
KOT4X asserts to offer leverage up to 1:500. Do keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Different commissions are charged by this platform for various assets and account types.
Account Type | Standard | Pro | Var | Mini |
USD ECN Account | 7 USD | 7 USD | 0 USD | 1 USD |
EUR ECN Account | 7 EUR | 7 EUR | 0 EUR | 1 EUR |
GBP ECN Account | 7 GBP | 7 GBP | 0 GBP | 1 GBP |
CAD ECN Account | 7 CAD | 7 CAD | 0 CAD | 1 CAD |
AUD ECN Account | 7 AUD | 7 AUD | 0 AUD | 1 AUD |
BIT ECN Account | 1500 BIT | 1500 BIT | 0 BIT | 15 BIT |
Account Type | Standard |
USD ECN Account | 7 USD |
EUR ECN Account | 7 EUR |
GBP ECN Account | 7 GBP |
CAD ECN Account | 7 CAD |
AUD ECN Account | 7 AUD |
BIT ECN Account | 1500 BIT |
Notes:
On KOT4X, traders get access to TradeLocker, which is an online trading platform that facilitates the secure and efficient buying and selling of various financial assets. It offers real-time market data, advanced charting tools, multiple order types, and portfolio management.
Trading Platform | Supported | Available Devices | Suitable for |
TradeLocker | ✔ | Desktop, Mobile, Web | / |
MT5 | ❌ | Desktop, Mobile, Web | Experienced trader |
MT4 | ❌ | Desktop, Mobile, Web | Beginner |
Trading View | ❌ | Desktop, Mobile, Tablets, Web | Beginner |
Deposit Options
Deposit Options | Min. Deposit | Fees | Processing Time |
Bitcoin | $10 | 0% | 1-3 hours |
Other Cryptocurrencies | $10 | 2.5% | 1-3 hours |
Debit/Credit Card (Via Multiple 3rd Party Platforms) | $25 - $50 | / | 1-3 hours |
Withdrawal Options
Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
Bitcoin/ USDT (TRC20/ERC20) and Bitcoin/ USDT (TRC20/ERC20) | $100 | $0 | Within 24 hours |
Credit/Debit card | / | $0 | Within 24 hours |