KOT4X Broker Review 2025

KOT4X provides commission-free trading on 6 asset classes, including Forex and Crypto, through its Var account with a minimum deposit of $10. The broker also offers a 50% withdrawal bonus.

KOT4X attracts traders with its numerical advantages: 4 account types, leverage up to 1:500, and more than 250 tradable instruments. With commissions starting at $0 on Var accounts, the broker targets both beginners and active traders.

KOT4X; Company Information and Regulation

KOT4X is an offshore Forex broker registered in St Vincent and the Grenadines and operated by Kot Ltd, Company Number 25045 BC 2018. The company does not hold any licenses from financial authorities. Key features of KOT4X:

• Unregulated broker
• Based in Jamaica
• Leverage KOT4X Broker Review
• 250+ financial instruments

As an unregulated entity, KOT4X offers no legal protections for client funds, including no investor compensation scheme, no negative balance protection, and no public verification of fund segregation or financial audits.

The lack of regulation should be a red flag for potential clients, as it exposes them to higher risks.

Here is the detailed regulatory information for KOT4X:

KOT4X Broker Specific Details

KOT4X provides a range of trading options, such as 24/7 crypto trading and an STP execution model.

This means that all client orders are routed directly to liquidity providers without any dealing desk intervention, thereby reducing conflicts of interest and enabling faster execution at market prices.

KOT4X Account Offerings

KOT4X broker offers four distinct account types, each catering to different trading styles and preferences.

KOT4X Pros & Cons

Various accounts, competitive spreads, and a user-friendly trading platform are some of the benefits of trading with KOT4X.

However, to have a balanced look, we have to weigh the advantages and disadvantages simultaneously.

KOT4X Account Opening and KYC Verification

Opening an account with KOT4X is a straightforward process, but it's important to note that their Know Your Customer (KYC) procedures may be less stringent than those of regulated brokers. However, KYC is mandatory in KOT4X.

KOT4X registration is explained in detail in the next sections.

#1 Start on the Official Platform

Go to the website and ensure the site is legitimate before proceeding with registration. This helps avoid phishing and protects your account credentials.

#2 Launch the Sign-Up Process

Click the “Sign Up” button located at the top right. You’ll be directed to the account creation form, where basic identification info is required.

#3 Enter Personal Details

Input your first and last name, email, and create a strong password using a mix of characters (minimum 12). Confirm you're over 18 and submit the form.

#4 Verify Your Email Address

Check your inbox for an activation message. Click the verification link provided to finalize your email authentication.

#5 Complete Profile Information

Finalize the setup by submitting these details:

• Phone number
• Date of birth
• Residential address
• Gender
• Account currency

Accept the platform’s terms and conditions, then click “Create Account” to finish.

#6 Go Through the KYC

Provide proof of identity (passport or driver’s license) and proof of address (utility bill or bank statement) to complete KOT4X verification.

KOT4X requires all traders to complete a mandatory 3-step verification process before accessing deposits and withdrawals.

1. Accessing the Authentication Section: Users log into their account and click the “Verify” button on the dashboard to enter the KYC portal;
2. Providing Personal Details: Traders select their country and enter their full name in the designated fields;
3. Completing Identity Verification: Users upload a government-issued ID (passport, driver’s license, or ID card) and complete a liveness/facial recognition check.

Once all steps are successfully submitted and approved, the account is verified, enabling full access to KOT4X funding features.

KOT4X Trading Platforms

We must mention the trading solution in this KOT4X review. The broker offers the feature-rich TradeLocker, which integrates with TradingView for advanced charting capabilities. The platform is accessible across various devices and operating systems, including:

• KOT4X TradeLocker Android
• KOT4X TradeLocker iOS
• Web App

KOT4X Broker Fee Structure

To maximize your potential profit earnings, you have to familiarize yourself with the broker’s commissions, spreads, and other non-trading costs.

Other than the commission, trading on the platform comes with spreads. In the table below, we offer the average spreads for major FX pairs.

The broker also charges swaps on positions held overnight. Rates vary by instrument. However, it doesn’t charge any fees for withdrawals and BTC deposits.

KOT4X Swap Fees

KOT4X does not disclose specific information regarding its swap fees on the official website. Traders holding positions overnight are therefore advised to verify potential rollover charges directly within the trading platform or by contacting customer support.

At present, KOT4X does not provide swap-free or Islamic account options, meaning all positions held beyond the trading day are subject to standard overnight financing costs.

KOT4X Non-Trading Fees

KOT4X applies specific non-trading charges related to account inactivity and crypto network transactions. An account becomes inactive after 90 consecutive days without any trading activity or wallet transactions.

Seven days before reaching this threshold, the broker sends an email notification to the client. If the account remains inactive after this period, a monthly maintenance fee of 10 units, based on the wallet’s base currency (USD, GBP, EUR, CAD, or AUD), is automatically deducted.

When insufficient funds are available, KOT4X may transfer the fee internally from the user’s trading accounts.

Deposits made through Bitcoin incur no broker fee, while other cryptocurrencies carry a 2.5% charge. Depositing Bitcoin via credit or debit card through third-party providers remains fee-free on KOT4X’s end.

The broker does not charge withdrawal fees, though standard blockchain network fees apply to both deposits and withdrawals, determined by the respective crypto network rather than by KOT4X itself.

KOT4X Payment Methods

KOT4X emphasizes cryptocurrency transactions for deposits and withdrawals while offering Credit/Debit Card transactions for account funding, too.

There are no deposit fees for using Bitcoin, but a 2.5% fee applies to all other cryptocurrencies. The broker does not charge any withdrawal fees, but processing networks may apply their own fees.

Crypto transactions on KOT4X take around 1-3 hours, depending on network traffic

KOT4X Deposit

KOT4X supports a diverse range of cryptocurrency and card-based funding options.

The broker continues to expand its available payment channels, enabling clients to deposit using major digital assets or through third-party credit and debit card services that facilitate Bitcoin purchases.

Accepted cryptocurrencies include Bitcoin (BTC), Litecoin (LTC), Tether (USDT – TRC20/ERC20), USD Coin (USDC – TRC20), Ripple (XRP), Ethereum (ETH), and Dogecoin (DOGE). The minimum deposit for these crypto assets is $10, with no upper limit.

For card deposits via external providers, the minimum deposit varies between $25 and $50, also with no maximum cap.

Below is a summary of the available methods and applicable fees:

All deposits are processed through secure channels, and blockchain network fees, if applicable, are determined by the respective cryptocurrency networks rather than by KOT4X itself.

KOT4X Withdrawal

KOT4X does not impose any internal withdrawal fees. However, when clients withdraw funds via cryptocurrency, blockchain network fees apply; these are third-party charges required to validate and process transactions on the respective networks, not fees collected by the broker.

Withdrawals can be initiated directly from the client portal. After selecting the Withdraw tab, users choose their preferred wallet, specify the withdrawal amount, and select either Bitcoin (BTC) or Tether (USDT – TRC20/ERC20).

Once confirmed, the system redirects users to a secure page to enter their crypto wallet address provided by their external wallet provider.

KOT4X typically processes all withdrawal requests within 24 hours, after which the completion time depends on the network’s current traffic. Clients can track transaction progress through the corresponding blockchain explorer.

It’s crucial to verify wallet details before confirming a withdrawal, as funds sent to an incorrect address cannot be recovered. Here are the details for each withdrawal method:

Copy Trading and Growth Plans on KOT4X Broker

Passive income is one of the most attractive topics in the KOT4X review, especially for beginner traders. The broker does not currently offer copy trading or specific investment plans.

This absence of social trading features might disappoint traders who seek to earn passive income on their money. However, using TradeLocker's advanced features and leverage options, you can increase the potential for earning larger profits.

KOT4X Markets and Instruments

The broker offers a diverse range of trading instruments (250+) across 6 different asset classes and markets, including:

KOT4X Bonus and Promotional Plans

The broker offers a withdrawal bonus, which enables you to get 50% extra funds if you keep your withdrawal amount in the account. KOT4X also offers a comprehensive Affiliate program with the following features:

• Competitive Commissions: Earn a $2.00 commission for every lot traded by your referred clients;
• Flexible Payouts: Commissions can be withdrawn or used for trading;
• Marketing Support: Access to promotional materials to help you succeed.

You can use TradingFinder's Forex Rebate Calculator to estimate the exact amount of profits generated through the referral program based on your friend's trading volume.

KOT4X Awards

While KOT4X describes itself as an “award-winning broker” on its official website, there is currently no dedicated page or verifiable list of awards available to the public.

The broker’s website does not provide details such as the names of awarding bodies, years of recognition, or the specific categories in which any awards were received.

How to Reach KOT4X Broker Customer Support

Customer support is one of the most important aspects of any business, and one of the most important topics of the KOT4X review. The broker doesn’t seem to take it to heart since it doesn’t offer phone support or live chat.

KOT4X Red Flag Countries

While KOT4X accepts clients globally, certain countries are restricted due to local regulations or the broker's policies.

• Afghanistan
• Botswana
• Burma (Myanmar)
• Democratic Republic of Congo (DPRK)
• Crimea
• Cuba
• Ethiopia
• Iran
• Iraq
• Japan
• Libya
• North Korea
• Pakistan
• Republic of the Congo
• Russian Federation
• Somalia
• Spain
• Sudan
• Syria
• Trinidad and Tobago
• Tunisia
• Yemen
• Zimbabwe
• United States

List of the countries that are prohibited from trading on KOT4X

KOT4X Broker User Satisfaction

We must explore the broker’s trust scores in this KOT4X review. The company doesn’t have a good standing in the market or even among its clients.

The low trust scores and numerous negative reviews suggest caution is necessary when considering KOT4X as a broker.

Does KOT4X Provide Educational Materials?

A consistent learning process is one of the key factors to success in financial markets. However, KOT4X doesn’t pay any attention to this fact since it doesn’t offer any educational materials.

KOT4X may not be the best choice for traders seeking in-depth educational resources. You can use TradingFinder's Forex education section to access comprehensive learning materials.

KOT4X Compared to Its Peers

The table below compares the discussed broker against major players in the industry:

Conclusion and Final Words

KOT4X offers four ECN account types that enable you to access 250+ trading instruments with leverage options of up to 1:500. However, the broker is not regulated by any financial authority and has a low trust score of 1.7 on TrustPilot.