KOT4X Overview
| Website | kot4x.com |
| Year Founded | 2019 |
| Countries of Registration | Saint Vincent and the Grenadines, Jamaica |
| Website Languages | English |
| Regulators | SVGFSA |
| Broker Type | ECN |
| Dealing | A-book |
| Minimum Deposit | $10 |
| Account Currencies | USD, BTC, ETH, USDT |
| Spread | low |
| Trading Platforms | TradeLocker |
| Trading Assets | Forex, Indices, Shares, Commodities, Cryptocurrencies |
Brief look at KOT4X
KOT4X is an offshore ECN broker founded in 2019 and registered in St Vincent & the Grenadines and Jamaica. It offers accounts with raw spreads from 0.0 pips, $10 crypto only deposits and up to 1:500 leverage. Traders get 250+ instruments across FX, indices, equities, metals, energies and crypto on the browser based TradeLocker. Funds are kept in segregated accounts, Islamic swap-free options are available, but the broker remains unregulated and lacks copy-trading or robust education.
Pros
- Low $10 crypto deposit and no deposit fees
- Raw‑spread ECN trading with 1:500 leverage
- 250+ markets incl. 23 cryptos and 38 stocks
- Segregated client funds
Cons
- Offshore entity
- Crypto‑only funding & withdrawals
- No built‑in copy trading or advanced education
- No investor‑compensation scheme
Is KOT4X available in my country?
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KOT4X accepts clients from United States!
Your capital is at risk
KOT4X Reviews
I've been trading with KOT4X for the last few months, and I'm impressed with their MT4 platform. The spread is competitive, and the minimum deposit was quite reasonable for me to sign up. The demo account feature helped me get comfortable before diving in.
10/15/2023KOT4X offers a decent app for trading on the go. I was able to easily login and manage my account types. The withdrawal time is faster than I expected, which is a big plus. Overall, a solid broker for forex trading.
9/30/2023I appreciate the demo account option that KOT4X provides, but I've faced some issues with the leverage settings. The rebates are attractive, but I hope they improve their customer support.
8/25/2023KOT4X has been a reliable broker for my trading needs. The TradeLocker platform is user-friendly, and I found the bonus offers quite appealing. The only downside has been a slightly longer withdrawal time than I anticipated.
9/5/2023Signing up with KOT4X was easy, and I love the variety of account types they offer. I also downloaded their app, which works flawlessly. The trading experience has been great, and I'm happy with my decision.
10/10/2023Leave a Review
Is KOT4X regulated?
| Companies | Kot Ltd, |
| Countries | Saint Vincent and the Grenadines, Jamaica |
| Regulators | SVGFSA |
| Investor Protection | - |
| Investor Protection Size | - |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
KOT4X Account Types
| Property | Pro Pairs |
|---|---|
| Min Deposit | $10 |
| Lot Size | 0.01 |
| Spread Type | Floating |
| Execution | Market |
| Min Spread | 0 pips |
| Fee | $7 per 1 lot |
| Max Leverage | 1:500 |
| Stop Out | 50% |
| Margin Call | 80% |
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
KOT4X Funding and Fees
| Base currencies | USD, BTC, ETH, USDT |
| Deposit and withdrawal methods | Cryptocurrencies (BTC, ETH, LTC, DOGE, USDT ERC‑20/TRC‑20), card payments via crypto processors |
| Inactivity fee | |
| Interest on margin | |
| Withdrawal Fee |
KOT4X Trading Platforms and Conditions
| Trading Platforms | TradeLocker |
| Execution Speed | 150 ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | low |
KOT4X Trading Assets
| Currencies | 57 |
| Indices | 13 |
| Stocks | 38 |
| Cryptocurrencies | 23 |
| Bonds | 0 |
| Metals | 8 |
| Energies | 5 |
| Soft Commodities | 0 |
| ETFs | 0 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
KOT4X Support
| support@kot4x.com | |
KOT4X Alternatives
| Broker | KOT4X | Hugo’s Way | Hankotrade | Trader's Way |
|---|---|---|---|---|
| Type | ECN | ECN | ECN, STP | ECN, STP |
| Minimum Deposit | $10 | $10 | $15 | $10 |
| Regulators | SVGFSA | - | - | AFSA |
| Platforms | TradeLocker | MetaTrader 4 (MT4), PRO4 | HankoX, HankoSocial | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader |
| Spread | low | low | low | low |
| Leverage | 1:500 | 1:500 | 1:500 | 1:1000 |
| Assets | Forex, Indices, Shares, Commodities, Cryptocurrencies | Forex, Stocks, Indices, Metals, Energies, Cryptocurrencies | Forex, Commodities, Indices, Cryptocurrencies | Forex, Metals, Energies, Cryptocurrencies, Indices |
Is KOT4X Right for You?
KOT4X presents a compelling option for traders seeking low entry costs with a minimum deposit of just $10 in cryptocurrencies. With raw spreads starting from 0.0 pips and leverage up to 1:500, it caters to a diverse range of trading strategies, offering over 250 instruments including forex, indices, and cryptocurrencies. Additionally, the segregated accounts for client funds enhance security, making it an attractive choice for risk-conscious traders. However, potential users should be aware of significant drawbacks. KOT4X operates as an offshore entity, which raises concerns regarding regulatory oversight and investor protection. The lack of traditional funding methods, coupled with crypto-only deposits and withdrawals, may limit accessibility for some traders. Furthermore, the absence of built-in copy trading features and robust educational resources could hinder novice traders from achieving success. In conclusion, KOT4X may be well-suited for experienced traders who are comfortable with cryptocurrency transactions and seek a low-cost trading environment. Conversely, those requiring comprehensive educational support, regulatory assurance, or traditional funding options may want to consider alternative brokers.
FAQ
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.