KOT4X Review 2019 | Is KOT4X a Scam or Legit Forex Broker?

Read our KOT4X review to find out if KOT4X is a scam or a reliable forex broker. Unbiased Forex brokers reviews combined with user comments.

Average broker rating

0.3/ 5

Rating breakdown

Protection & Regulations
0% Complete (danger)
0.0/5
Trading platforms
0% Complete (danger)
0.0/5
Tradable Products
20% Complete (danger)
1.0/5
Deposit and withdrawal
0% Complete (danger)
0.0/5
Trading Fees
20% Complete (danger)
1.0/5
Support
0% Complete (danger)
0.0/5
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 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 review 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. KOT4X offers Online Financial Trading and Investment Services Such as CFD, Crypto, Forex.

Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. KOT4X recommended minimum capital is $0.

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. KOT4X is 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.

Investor Protection & Regulations: Unfortunately they are not regulated, so if you are thinking about trading with them be sure to read this review first.

Payment methods: Next lets have a look at each broker's payment options. KOT4X offers bitcoins different payment methods for each account types.

Deposit and withdrawal: Payments accepted only with bitcoins

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, KOT4X makes MetaTrader 4 available to clients.

Other

Support
This broker offers support to its traders, they could be reached through phone calls or emails, whichever you prefer.

Recup
As we noted KOT 4X is an offshore broker without a license to operate on regulated markets like the EU, the US, Australia, Canada or Japan. So if you value the safety of your funds, better chose among our list of brokers, regulated in Europe

People Also Asked

Is KOT4X regulated?
Yes, KOT4X is regulated by top-tier regulators, Not regulated inclusive.
Where is KOT4X based?
KOT4X is based in N/A
How does KOT4X make money?
KOT4X charges a spread between the bid price and ask price. It does NOT charges a commission.
How do I deposit in KOT4X account?
With KOT4X you can deposit money via the following means; bitcoins.
How do I withdrawal in KOT4X account?
KOT4X lets you request a withdrawal of funds from your account via the following means; bitcoins.
What is the minimum deposit for KOT4X?
KOT4X has $0 minimum deposit.
What are the available account base currencies with KOT4X?
KOT4X trading accounts are offered in N/A. If your country's currency isn't included in the list, you will need to open an account with another currency base.
What is the max leverage in KOT4X?
KOT4X has a maximum leverage is 1:500 for professional traders.
How do I open an account with KOT4X?
Opening an account with KOT4X is a three-step process. First fill out the registration form, second is to send verification details to the verification department and lastly is to fund your account.
Does KOT4X use MetaTrader?
KOT4X platforms: Yes, KOT4X use MetaTrader as well as the following platforms: MetaTrader 4
What type of broker is KOT4X?
KOT4X appears to be a N/A broker which offers market access to a variety of traders.
Does KOT4X accept US clients?
No
Does KOT4X offers Islamic accounts ?
Yes
What financial instruments can I trade?
You can trade a wide variety of instruments with KOT4X: You can trade a wide variety of instruments with KOT4X: CFD, Crypto, Forex