Information about Kot4x
Kot4x – an online broker specializing in cryptocurrency and forex markets. The broker offers users the opportunity to earn on top cryptocurrency markets, providing transparency, reliability, and income stability.
The platform uses an STP execution model for direct order processing.
Despite the lack of information on registration and licenses ensuring client safety, the company states that its activities are regulated by the Australian Securities and Investments Commission ASIC, AFSL No. 001306672 and managed by KOT4X Pty Ltd.
Kot4x Trading Instruments and Platforms
The broker offers trading with 250 assets, including currency pairs, cryptocurrencies, stocks, indices, commodities, and metals. Among the assets provided are:
- 31 cryptocurrencies
- 104 stocks
- 31 cryptocurrencies
- 8 indices
The platform is available in various versions: MT4, mobile, desktop, web-based, allowing trading from gadgets.
Kot4x Trading Accounts
The broker offers a demo account for practice and trading with virtual funds. For trading with real funds, there is one type of trading account with the following conditions:
- Deposit: $15
- Leverage: 1:500
- Lot size – from 0.01
- Low commissions
- Instant executions
- Tight spreads
- Possibility to use various strategies: advisors, opening multiple positions, news trading, hedging, scalping
Deposits and Withdrawals at Kot4x
To deposit funds, the client must undergo KYC verification. Operations for depositing and withdrawing funds are carried out using cryptocurrency transfers and bank wallets. The minimum deposit is $15, information on the minimum withdrawal is not disclosed.
Conclusion
Kot4x is an offshore broker registered in Saint Vincent and the Grenadines. The broker promises honesty, transaction transparency, and client fund security. A demo account is provided, and trading with real funds with leverage up to 1:500 is available. Funds can only be deposited and withdrawn using cryptocurrency transfers and cards.
The company offers extensive opportunities for market trading, but it is recommended to review feedback from other traders before cooperation.