Score

1.56 /10
Danger

KOT4X

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

Regional Brokers

High potential risk

B

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Comparison

Quantity 4

Exposure

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Website

Score

Regulatory Index0.00

Business Index7.38

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Kot Ltd

Company Abbreviation

KOT4X

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2025-09-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
KOT4X · Company summary
KOT4XReview Summary
Founded2018
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsForex (Majors, Crosses, Exotics), Cryptocurrencies, Indices, Energies, Metals, Stocks, Futures
Demo Account/
LeverageUp to 1:500
SpreadTight Spread
Trading PlatformTradeLocker
Min Deposit$10
Customer SupportEmail: support@kot4x.com
Social Media: Instagram
Contact Form
Live Chat

KOT4X Information

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.

KOT4X Information

Pros & Cons

ProsCons
Diverse tradable asset classesLack of regulation
TradeLocker availableDoesn't offer demo account
Low minimum deposit requirement

Is KOT4X Legit?

No, KOT4X currently has no valid regulations. Please be aware of the risk!

Is KOT4X Legit?

What Can I Trade on KOT4X?

KOT4X claims to provides tradable accets including Forex (Majors, Crosses, Exotics), Cryptocurrencies, Indices, Energies, Metals, Stock, Future.

Trading AssetAvailable
forex
metals
futures
indices
energies
stocks /shares
cryptocurrencies
options
funds
ETFs
commodities
What Can I Trade on KOT4X?

Account Types

KOT4X provides an ECN account for standard trading, along with a dedicated Corporate account designed for institutional clients.

Account Types

Leverage

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.

Leverage

Fees

Different commissions are charged by this platform for various assets and account types.

  • Commission for Major and Crosses:
Account TypeStandardProVarMini
USD ECN Account7 USD7 USD0 USD1 USD
EUR ECN Account7 EUR7 EUR0 EUR1 EUR
GBP ECN Account7 GBP7 GBP0 GBP1 GBP
CAD ECN Account7 CAD7 CAD0 CAD1 CAD
AUD ECN Account7 AUD7 AUD0 AUD1 AUD
BIT ECN Account1500 BIT1500 BIT0 BIT15 BIT
  • Commission for Exotic Pairs, Cryptos, Metals, Energies, Indexes, and Shares:
Account TypeStandard
USD ECN Account7 USD
EUR ECN Account7 EUR
GBP ECN Account7 GBP
CAD ECN Account7 CAD
AUD ECN Account7 AUD
BIT ECN Account1500 BIT

Notes:

  • The fees listed above are applicable when trading a full lot.
Fees
Fees
Fees

Trading Platform

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 PlatformSupported Available Devices Suitable for
TradeLockerDesktop, Mobile, Web/
MT5Desktop, Mobile, WebExperienced trader
MT4Desktop, Mobile, WebBeginner
Trading ViewDesktop, Mobile, Tablets, WebBeginner
Trading Platform

Deposit and Withdrawal

Deposit Options

Deposit Options Min. Deposit Fees Processing Time
Bitcoin$100%1-3 hours
Other Cryptocurrencies$102.5%1-3 hours
Debit/Credit Card (Via Multiple 3rd Party Platforms)$25 - $50/1-3 hours
Deposit and Withdrawal

Withdrawal Options

Withdrawal Options Min. Withdrawal Fees Processing Time
Bitcoin/ USDT (TRC20/ERC20) and Bitcoin/ USDT (TRC20/ERC20)$100$0Within 24 hours
Credit/Debit card/$0Within 24 hours
Deposit and Withdrawal

News

NewsKOT4X Signals Wind-Down: Clients Told to Close Positions and Withdraw Funds

KOT4X platform access to change: no new trades after set dates, funds withdrawal urged. WikiFX shows score 1.56/10 and revoked ASIC connection.

WikiFX
2025-09-25 22:45
KOT4X Signals Wind-Down: Clients Told to Close Positions and Withdraw Funds

ExposureAll You Get at KOT4X is Fake Promises and Scams

Is your forex trading experience at KOT4X filled with trade losses, deposit lure, withdrawal denials, and account blowups due to injudicious use of margin? We empathize with you and many other traders who face these issues with this scam forex broker. Some of you got so disappointed that you rightfully criticized the broker on several review platforms. In this article, we have shared such painful experiences. Take a look!

WikiFX
2025-08-20 18:19
All You Get at KOT4X is Fake Promises and Scams

ExposureIs KOT4X a Good Broker? Real Traders Share Their Views

Is KOT4X a reliable broker? Read our review to explore trader experiences, key features, spreads, and leverage to help you make an informed decision.

WikiFX
2025-08-01 15:28
Is KOT4X a Good Broker? Real Traders Share Their Views

ExposureKOT4X, Hugo's Way and Sway Markets Are Moving Out From MetaTrader Trading Platform

Explore how KOT4X, Hugo's Way, and Sway Markets are moving out from MetaTrader and revolutionizing online trading with platforms like Trade-Locker, TickTrader, and Sway Charts, setting new industry standards.

WikiFX
2023-12-12 10:13
KOT4X, Hugo's Way and Sway Markets Are Moving Out From MetaTrader Trading Platform

User Reviews

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User comment

5

Comments

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FX1525691881
more than one year
I was initially drawn in by their user-friendly account-opening procedures, but soon after I was faced with questionable regulatory transparency. Finding detailed documentation was like hunting for a needle in a haystack, which is troublesome for anyone negotiating the landscape of forex trading. The trading platform's performance leaves much to be desired, with sporadic freezing and lagging issues. This has led to unwelcome slippage and incurable headaches for me, impacting my trading strategies gravely. Adding to the list is their frustratingly wide spreads, which eat into any possible profit margins, and high commissions. More often than not, I was left feeling like I was fighting against a tide, and not just the forex market.
I was initially drawn in by their user-friendly account-opening procedures, but soon after I was faced with questionable regulatory transparency. Finding detailed documentation was like hunting for a needle in a haystack, which is troublesome for anyone negotiating the landscape of forex trading. The trading platform's performance leaves much to be desired, with sporadic freezing and lagging issues. This has led to unwelcome slippage and incurable headaches for me, impacting my trading strategies gravely. Adding to the list is their frustratingly wide spreads, which eat into any possible profit margins, and high commissions. More often than not, I was left feeling like I was fighting against a tide, and not just the forex market.
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2023-12-04 16:32
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小如改名叫昀泽r
more than one year
I really appreciate KOT4X’s customer service. They respond quickly and help you with my problems, very understanding. But the withdrawals can enter a little bit faster.
I really appreciate KOT4X’s customer service. They respond quickly and help you with my problems, very understanding. But the withdrawals can enter a little bit faster.
Translate to English
2023-03-01 10:13
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