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Score
Saint Vincent and the Grenadines
Suspicious Regulatory License
Regional Brokers
High potential risk
Influence
Add brokers
Comparison
Quantity 4
Exposure
Score
Regulatory Index0.00
Business Index7.38
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Kot Ltd
Company Abbreviation
KOT4X
Platform registered country and region
Saint Vincent and the Grenadines
Company website
Company summary
Pyramid scheme complaint
Expose
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 |
KOT4X platform access to change: no new trades after set dates, funds withdrawal urged. WikiFX shows score 1.56/10 and revoked ASIC connection.
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!
Is KOT4X a reliable broker? Read our review to explore trader experiences, key features, spreads, and leverage to help you make an informed decision.
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.
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User comment
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