KOT4X Review Of 2025

Trading Fees

KOT4X offers two pricing options, the KOT4x Pro Pairs with an ECN or STP-style trading execution and commission and the KOT4x VAR pairs account without commission.

Spreads

KOT4X does not list its spreads for each currency pair. While not all brokers list their average spreads, we look more positively at brokers that do publish their spreads as it shows the broker is confident enough in their speeds to be transparent.

Below are the minimum typical spreads for each account KOT4x offers:

The KOT4x Pro Pairs account is very similar to the commission accounts of other brokers in that they use ECN or STP-style trading execution to bring low spreads. Given the execution is much the same, the comparison of this type of account to other brokers is fair.

You will notice other brokers’ average spreads are lower than KOT4x. Some brokers’ average spread is as low as 0.09 pips which represents a potential saving of $3.10 for each lot you trade.

Broker Spread Comparison	EUR/JPYUSD/CADAUD/JPYGBP/USDUSD/JPYEUR/USDAUD/USDEUR/GBPUSD/SGD	EUR/JPYUSD/CADAUD/JPYGBP/USDUSD/JPYEUR/USDAUD/USDEUR/GBPUSD/SGD	EUR/JPYUSD/CADAUD/JPYGBP/USDUSD/JPYEUR/USDAUD/USDEUR/GBPUSD/SGD	EUR/JPYUSD/CADAUD/JPYGBP/USDUSD/JPYEUR/USDAUD/USDEUR/GBPUSD/SGD	EUR/JPYUSD/CADAUD/JPYGBP/USDUSD/JPYEUR/USDAUD/USDEUR/GBPUSD/SGD
	1.10	0.40	0.90	0.20	0.30
	0.30	0.25	0.50	0.23	0.30
	N/A	0.30	0.50	0.50	0.20
	0.60	0.50	0.70	0.50	0.50
	0.68	N/A	N/A	0.59	0.24
	0.70	0.70	0.60	0.60	0.30
	0.80	1.10	1.10	0.60	0.30
	0.40	0.30	0.70	0.20	n/a
	1.23	1.41	1.17	1.08	0.77

Avg. spreads are taken from each broker's website and updated monthly. Last update on 06/01/2025

Lowest Spread Forex Brokers

Commissions

It is a similar story for no-commission accounts. Some brokers offer spreads as low as 0.7 pips per lot. As the typical minimum spread for the KOT4x VAR pairs account is 1.2 pips, you could save $5.00 for each lot you trade by choosing the right broker.

Standard Account Spreads	EUR/USDAUD/USDEUR/GBPGBP/USDUSD/JPYAUD/JPYEUR/JPYUSD/CAD	EUR/USDAUD/USDEUR/GBPGBP/USDUSD/JPYAUD/JPYEUR/JPYUSD/CAD	EUR/USDAUD/USDEUR/GBPGBP/USDUSD/JPYAUD/JPYEUR/JPYUSD/CAD	EUR/USDAUD/USDEUR/GBPGBP/USDUSD/JPYAUD/JPYEUR/JPYUSD/CAD	EUR/USDAUD/USDEUR/GBPGBP/USDUSD/JPYAUD/JPYEUR/JPYUSD/CAD
	1.10	1.20	1.40	1.40	1.40
	1.13	1.01	1.71	1.66	1.12
	0.90	1.30	1.40	1.40	1.40
	0.70	2.20	1.10	1.10	0.60
	1.20	0.90	1.50	1.80	1.80
	1.20	1.40	1.50	1.60	1.50
	0.62	0.77	1.27	0.83	0.74
	0.60	0.70	0.80	0.90	0.60
	1.10	1.20	1.30	1.30	1.30
	1.20	1.30	1.20	1.30	1.10
	1.70	1.60	1.70	2.00	1.60
	1.20	1.80	1.90	1.90	1.60
	1.30	1.70	2.10	1.40	1.50
	1.12	1.64	1.30	1.30	1.38
	1.32	1.95	1.37	1.70	1.40
	1.20	1.30	1.50	1.30	1.20

Avg. spreads are taken from each broker's website and updated monthly. Last update on 06/01/2025

Use the calculator below to compare KOT4X’s trading costs with competitors such as Pepperstone, Eightcap and Blueberry Markets, adjusting for trade size, currency pair, and base currency.

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Trade Size

AUD/USD EUR/USD GBP/USD USD/CAD USD/CHF USD/JPY

Base Currency

AUD USD GBP EUR

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Other Fees

The deposit fees at KOT4X are as follows:

• Other Cryptocurrencies: 2.5%
• Bitcoin via Credit/Debit Card: 0% (through third-party platforms)

Meanwhile, there are no fees for withdrawals and inactive accounts.

Verdict on KOT4X Spreads

KOT4X has some decent spreads, paired with fair commissions. However, the problem remains with their lack of transparency with their spreads.

Kot4x ReviewVisit Kot4x

Trading Platforms

The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs. I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform.

MetaTrader 4

KOT4X only offers one trading platform, this trading platform is MetaTrader 4 (MT4). As this platform is the world’s most popular trading platform for traders and brokers you can be sure you are getting a reliable trading platform to cover your needs.

It is interesting to note, that KOT4X doesn’t have any section devoted to information about this trading platform. We presume they expect traders will know of MT4. The KOT4X FAQ section however does cover 16 questions to help you use MT4. All types of MT4 are available including MT4 for Windows, Android, iOS and MAC. MT4 WebTrader for trading through your browser is also available.

Features of MetaTrader 4 include:

• It connects the trader to real-time prices and quotes to execute their trades at the most accurate rates
• It allows for multiple trading orders to be placed at once as well as trailing stops, take profit and stop-loss tools
• Option of automated trading strategies using Expert Advisors
• MT4 has a full range of charting and technical analysis tools to forecast price movements. There is also an option for the trader to build their own indicators too
• Demo accounts are available for beginner traders getting used to the platform

Verdict on KOT4X Trading Platforms

While the broker only has MT4, we did give them a 6/10 rating in this category because of the platform’s reliability.

Kot4x ReviewVisit Kot4x

Is KOT4X safe?

KOT4X has a low trust score of 19, mainly because they’re unregulated. The other factors involved are the broker’s reputation and reviews.

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Regulation

KOT4X is an unregulated broker which means that it has not been approved by any regulatory financial authority.

This isn’t the first unregulated broker we have reviewed, you can read our KOT4X vs Hugosway comparison, or full Fondex Review, Hankotrade Review or Trader’s Way Review. Like with these brokers, we at CompareForexBrokers, never recommend unregulated brokers. While an unregulated broker may be completely trustworthy and legit, we see few benefits in using one.

Choosing a regulated broker means you will get the following benefits:

• Transparent trading operations: A good regulator requires brokers to submit periodic financial reports for auditing and ensures spreads from liquidity providers are not manipulated.
• Safety of your fund – Regulators require brokers to segregate your funds. This ensures your cash is safe from the broker’s hands.  Some regulators also require the brokers to keep a reserve aside to prevent the broker from going into liquidation.
• Dispute resolution: A good broker will have a resolution procedure in place for clients to resolve complaints they may have with the broker
• Protection from fraud: Regulators ensure the broker is legit and not a scam
• Product disclosure statement: Regulated brokers will have a product disclosure statement. This ensures your clients know exactly what they get for the broker’s services

While we have no reasons to believe KOT4X is not legitimate and your funds are segregated, we can’t determine if they are engaging in legitimate practices.

It is hard to determine if an unregulated brokerage website is a scam or not because its licence may be pending. This is the case for KOT4X as they are located in St. Vincent and The Grenadines and are currently in the process of applying for their license according to their website. One benefit of being an offshore broker is that they can accept clients from all around the world.

For this reason, we recommend a broker from a major regulatory body such as:

The main regulatory bodies are;

• ASIC Regulated Brokers (Australian Securities and Investments Commission) – Australia
• FCA (Financial Conduct Authority, UK) – The United Kingdom
• CySec (Cyprus Communities & Exchange Commission) – CySEC
• DFSA (Dubai Financial Services Authority) – United Arab Emirates
• FMA (Financial Markets Authority) – New Zealand

Security

The client’s funds are located in segregated independent accounts, therefore making it easy to distinguish different client funds. Another benefit is that the client’s funds are kept off-book and won’t be used to pay creditors in the unlikely event that KOT4X has to shut down. An added security feature is that 2-factor authentication can be enabled giving another layer of protection to the customer’s accounts.

Reputation

KOT4X was founded in 2019 and has headquarters in St. Vincent and the Grenadines. They have a low search volume in Google with only 22,200 hits monthly.

Reviews

The broker has received poor reviews on TrustPilot with only a score of 1.6/5.0 from 76 users.

Verdict on KOT4X’s Trustworthiness

Generally, we do not highly recommend trading with unregulated brokers. However, some brokers do have redeeming qualities that overshadow that factor. Proceed with caution with this broker since their low review scores can also be telling.

Kot4x ReviewVisit Kot4x

How Popular Is Kot4x?

Kot4x maintains a modest profile in the online forex trading ecosystem. With approximately 14,800 monthly Google searches, it ranks as the 47th most popular forex broker among the 65 brokers analyzed. Similarweb data from February 2024 shows a comparable positioning, with Kot4x placing as the 51st most visited broker with 136,000 global visits.

Country	2024 Monthly Searches
United States	12,100
Canada	480
France	320
United Kingdom	320
Nigeria	210
India	170
South Africa	140
Germany	90
Vietnam	90
Australia	70
Mexico	70
Dominican Republic	70
Italy	50
Spain	50
Colombia	50
Kenya	50
Netherlands	50
Brazil	40
Morocco	40
Turkey	40
Venezuela	40
Pakistan	30
Poland	30
Sweden	30
Switzerland	30
Ghana	30
Japan	20
Cyprus	20
Indonesia	20
Philippines	20
Bangladesh	20
United Arab Emirates	20
Argentina	20
Thailand	20
Peru	20
Chile	20
Portugal	20
Ireland	20
Ecuador	20
Ethiopia	20
Malaysia	10
Egypt	10
Greece	10
Uzbekistan	10
Singapore	10
Algeria	10
Hong Kong	10
Saudi Arabia	10
Cambodia	10
New Zealand	10
Austria	10
Taiwan	10
Sri Lanka	10
Costa Rica	10
Panama	10
Tanzania	10
Botswana	10
Jordan	10
Uganda	10
Bolivia	10
Mauritius	10
Mongolia	10

2024 Average Monthly Branded Searches By Country

United States	12,100 1st
Canada	480 2nd
France	320 3rd
United Kingdom	320 4th
Nigeria	210 5th
India	170 6th
South Africa	140 7th
Germany	90 8th
Vietnam	90 9th
Australia	70 10th

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Deposit And Withdrawal

The good thing about the Kings of Transparency is that they have no withdrawal or deposit fees from the broker’s end. However, if you are using Blockchain to make a withdrawal or deposit, then there will be a processing fee from the Blockchain network.

What is the minimum deposit at KOT4X?

The minimum deposit required by KOT4X is $25. The recommended crypto broker on KOT4X’s website is Coinbase as they provide detailed instructions on how to set up an account and send money to the KOT4X crypto wallet.

If using a debit or credit card via 3rd part platform then there will be a minimum deposit of $25 to $50 with no maximum amount.

Deposit Options And Fees

KOT4X account funding can be done via these methods:

• Bitcoin direct transfer to another Bitcoin wallet
• Debit/credit card via 3rd party provider
• Debit/credit card via E-Commerce*

When using a debit/credit card via the eCommerce pay method. The minimum funding amount is $50 with a maximum of $300 per transaction and 2 transactions a day. Therefore, if the trader is looking for a large account balance they would have to purchase bitcoin first and get it transferred to their KOT4X account.

Withdrawal Options And Fees

These methods can be used to withdraw funds from the KOT4X account;

• Bitcoin direct transfer to another bitcoin wallet
• Credit/debit card from 3rd party platform
• Credit/debit card via E-Commerce*

*If making a deposit using a credit/debit card using e-commerce then it is only possible to withdraw the same amount via debit card into your bank account. For example, if you deposited AUD 200 and after a few good trades, the account is now valued at $400. KOT4X only allows the trader to withdraw their initial deposit amount of $200 into their bank account. The other $200 has to be withdrawn via Bitcoin on a third-party platform like Coinbase.

Verdict on KOT4X Funding

The process of having to use Bitcoin to fund a trading account seems long-winded and tedious. Even though KOT4X doesn’t charge any deposit or withdrawal fees because they utilise bitcoin as their main transaction method, there are hidden blockchain transfer fees that are not stated.

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Product Range

KOT4X offers a good range of markets for CFD (contract for difference) trading with access to over 250 trading instruments and 6 asset classes: currency pairs, cryptocurrency, stocks, indices, commodities, and metals.

CFDs

Leverage for Forex is a maximum of 1:500 however other CFDs cannot be changed.  Given most brokers allow you to set your leverage level up to a maximum, it does seem like a good reason to consider other brokers.

Cryptocurrencies

KOT4X offers 31 different cryptocurrencies to be traded including;

• Bitcoin / USD
• Ethereum / USD
• Litecoin / USD

When trading cryptocurrencies, the leverage available is 1:100. Most regulators restrict crypto leverage to 1:2 or 1:5.

Indices

KOT4X offers 11 different indices to trade on including;

• Euro Stoxx 50 – US Dollar
• NASDAQ 100 – US Dollar
• S&P500 – US Dollar
• UK FTSE 100 – US Dollar

Leverage with KOT4X indices is 1:200, most regulated brokers limit leverage to 1:20.

Commodities

KOT4X offers 9 different commodities to trade, including;

• Crude – US Dollar
• Silver – US Dollar
• Gold – US dollar

The leverage for commodities is 1:200. You will find many regulators such as ASIC, CySEC, and the FCA limit leverage to 1:20 for gold and 1:10 for silver.

Stocks

KOT4X offers 105 different stocks to buy or sell, the broker does not advise if you can trade stocks outside America. Stocks available include:

• Apple
• Facebook
• Google
• Mastercard
• Tesla

The leverage for stocks is 1:20.

Verdict on KOT4X Trading Products

KOT4X has an adequate range of trading products. However, if you need more, there are other brokers worth looking into.

Kot4x ReviewVisit Kot4x

Customer Service

The customer service for KOT4X has 3 different ways to help.

• Use their live 24/7 live chatbot on the homepage of the website
• The Contact Us page on their website and fill out a request form.
• Or just emailing their support team directly.

While KOT4X has a callback, they need to implement a phone number that clients can use to contact if there is an urgent matter about their trading account that needs solving immediately.

We tested KOT4X live chat. Kot4X uses a bot to answer the obvious question however it is possible to get through to the KOT4X customer service team. Unless you wish to ask the most basic questions about the broker and its features, then you are wasting your time.

We used the KOT4X live chat as we wanted to know the difference between their Standard Pairs and Pro Pairs accounts. They explained that Standard Pairs has medium spreads and Pro Pairs has lower spreads but they could not explain why you would choose Standard Pairs in preference to Pro Pairs.

Another massive advantage of KOT4X is its user-friendly website which is easy to get around and always displays a well-detailed FAQ section with any further concerns a trader might have. They have over 120 different articles with questions from; getting started and general queries to using MT4 as a platform. This makes it really easy and helpful for a customer to find the information they need as soon as possible.

Verdict on KOT4X Customer Support

The have a fair customer support, and FAQ section loaded with a lot of information.

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Research and Education

KOT4X does not have an education centre for new traders who are looking to get involved in trading, which is a little frustrating because of how difficult the financial markets are to learn. There are hundreds of articles online that KOT4x could link to beginner traders if they want to learn more about trading.

If they had market research and analysis forums where other fellow traders could post their thoughts on the market direction it would increase the community aspect of the platform.

Final Verdict On KOT4X

The Kings of Transparency KOT4X.com is an online brokerage website that can be used by all levels of traders. KOT4X offers a wide range of markets for the majority of its account types.

It is hard to recommend a brokerage website that is not regulated as it comes with inherent risks for the customers. Especially if the broker doesn’t offer a compelling feature that makes them stand out from other brokers. From what we can see, you won’t be saving on spreads or costs, so the only real benefit of choosing KOT4X is higher leverage and the ability to fund your account with Bitcoin and even this feature has its problems.

The live chat customer service is really poor as well, so don’t expect much if you need help from the broker for anything that is not already answered in the FAQ.

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