Compare forex brokers Fondex VS Kot4x

If you're choosing between Fondex and Kot4x forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is Fondex better than Kot4x? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

FONDEX VS KOT4X

Fondex
Fondex Overview

Fondex is a multi-asset financial broker that was established in 2017. The brokerage offers traders from around the world the ability to trade over 1000 tradable instruments, across 7 asset classes, all from one platform.

KOT4X
KOT4X Overview

KOT4X is an offshore Forex brokerage registered in St. Vincent and the Grenadines. It provides the MetaTrader 4 trading platform and a very generous leverage. Traders are extended a leverage of up to 1:500. Furthermore, there is a wide range of trading products from which to choose. The required minimum deposit is only $50 which is quite low and favorable for traders.

# Broker's Features FONDEX Availability KOT4X Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare Fondex vs Kot4x.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Fondex offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Cryptocurrency, while Kot4x offers CFD, Cryptocurrency, Forex.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. Fondex is ECN, Market Maker, No dealing desk, STP, while Kot4x is .

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Fondex is regulated by CySEC, MiFID, while Kot4x regulated by Not regulated. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Languages Available: Next lets have a look at each broker's different Language options. Fondex offers Arabic, English, French, German, Greek, Indonesian, while Kot4x offers Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. Fondex offers Credit/Debit Cards, Neteller, Skrill, Bank Wire Transfer different payment methods for each account types, while Kot4x offers bitcoins payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Fondex makes cTrader available to clients, while Kot4x offers MT4.

The Verdict: Fondex or Kot4x?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, Fondex is more reliable based on our criteria above. Fondex has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Regulations play a huge role in protecting the traders/investors interest as they compel the financial service providers such as forex brokers to act in a fair and ethical manner. Fondex broker is regulated in more major hubs. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. Fondex has a wider range of languages in which customer service is offered making the broker more accessible. As Fondex offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades. As a market maker, Fondex may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.

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