KOT4X review

Information source:
The source of this information is the website and the broker's trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.

In this review we compared KOT4X with competition based on ⏩ fees, spreads, offer of trading assets and experience of traders.


Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Basic information from KOT4X review

About the broker

Web:kot4x.com
Readers' rating0 Votes
0
License:
Supported languages:English
Year of foundation:2019
Holder: KOT4X
Headquarters:The Financial Services Centre, Stoney Ground, Kingstown, Saint Vincent And Grenadines
Methods of contacting customer support:E-mail, online chat
Contact:support@kot4x.com
Deposit methods:Bitcoin
Withdrawal methods:Bitcoin

About trading with KOT4X

Minimum deposit:10 USD
Min. trade:0.01
Maximum leverage:

The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.

For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions.

1:500
Spreads:Variable
Underlying assets:
Might be a CFD.
Forex (50), indexes (11), cryptocurrencies (10)
Mobile app: Yes
MetaTrader 4:Yes
Social trading:No

Random reviews of competing CFD brokers: LegacyFX, CapitalIndex, BlueBullCap and LVMExchange

The broker has not yet been rated by the visitors of the website. Write a review.

Frequently Asked Questions

🧐 Is KOT4X a scam?

We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if KOT4X is a scam or not.

🆓 How to open a free demo account?

Opening a demo account with KOT4X is very simple, just register on their website.

📱 Does KOT4X offer the best mobile app for trading?

KOT4X offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.

We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the KOT4X mobile app.

⚖️ Would you recommend me KOT4X?

KOT4X is one of tens (possibly hundreds) of brokers operating in the European Union, Australia, New Zealand, Great Britain and United States of America, and that's why it makes no sense to choose KOT4X as a broker where you trade before you compare it with competitors.

Is this an ad?

We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.

BrokerEnglishMin. depositSpread EUR/USD*PlatformsLicense
Readers' rating104 Votes
80
100 EUR 0,8pips
Spread was taken 10.03.2021 at 10:18 from the web or trading platform of Admirals.
MT4, MT5, MT Supreme EditionFCAASIC CySecadmirals.comreviewEUR/USD*: 0,8pips
Spread was taken 10.03.2021 at 10:18 from the web or trading platform of Admirals.
Readers' rating63 Votes
71
200 USD 1.0 pips
Spread was taken 15.02.2021 at 09:55 from the web or trading platform of Etoro.
In-house built platform FCAASICCySecetoro.comreview EUR/USD*: 1.0 pips
Spread was taken 15.02.2021 at 09:55 from the web or trading platform of Etoro.
68% of retail CFD accounts lose money
Readers' rating128 Votes
74
100 USD 0.8 pips
Spread was taken 15.02.2021 at 09:55 from the web or trading platform of Plus500.
In-house built platformFCAASICCySecplus500.comreview EUR/USD*: 0.8 pips
Spread was taken 15.02.2021 at 09:55 from the web or trading platform of Plus500.

* The spread is variable for most brokers and changes depending on market volatility.


Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Admirals 75% of retail CFD accounts lose money - advertising partner.

Selecting an unsuitable broker can put even a great trader at a loss.

That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.

If you have any experience with KOT4X, please share it in the comments to help others to choose the suitable broker.

KOT4X review & user ratings

Forum, opinions and user reviews

  1. King David says:

    Your kid is the one responsible for the bad trade lol. People take zero responsibility and then leave bad reviews for a company. Clearly irresponsible.

  2. Anonymous says:
    0.8
    Do not I repeat do not trade with Kot they are a scam

    I would not recommend anyone to do trading through KOT4X I had a mishap with one of my nine months old kid Messing with my phone and accidentally placing me in a trade I reached out to kot to explain what happened as I had lost $2000 which was my rent money however these cold hearted brokers told me they’re sorry to hear that I lost money even though it’s corona season and I’m on the verge of getting evicted they had no sympathy for me even though it was not my fault. Bear in mind this was my first month trade-in and I had no prior knowledge that It was a possibility to lose money by accident. I am currently homeless as a result of that mishap but I will never get back into trading through Kot

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
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    Spread and fees
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    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
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    Customer support speed, availability, availability in the language you speak
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Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
Spread and fees
Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
Customer support speed, availability, availability in the language you speak
Total score

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