
Kot4x Review 2021
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Attention!
Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.
Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:
Summary of Kot4x Trading Company
The Kot4x Broker (kot4x.com) is an online Forex cryptocurrency and CFD broker with advanced technologies for trading on the financial markets. The company provides a secure ECN trading environment and offers over 250 trading instruments, including cryptocurrencies. Kot4x doesn’t limit trading strategies. It charges low trading fees and allows payments in bitcoins.
Traders Union pays rebates only to those Kot4x clients who have opened an account using the Union’s affiliate link.
👍 Advantages of trading with Kot4x:
- Beneficial trading terms such as precise spreads and high leverage on accounts with a deposit of $250 or more.
- Access to trades with 6 asset classes: currency pairs, cryptocurrency, stocks, indices, commodities, and metals.
- The ability to trade using the MT4 terminal — mobile, desktop, and web versions.
👎 Disadvantages of Kot4x:
- No Cent (micro) accounts.
- The only way to get passive income is to participate in an affiliate program.
- Islamic accounts are not available.
- There are no proprietary services for copying transactions while using PAMM or MAM accounts.
- There are no analytics, training, or tools useful to a trader on the website.
Overall
Kot4x is a broker for professionals trading independently and ready to make a sizable investment from the beginning of cooperation with the company.
Visit Kot4xTop 3 Kot4x Customer Reviews
I am displeased with Kot4x because there are different minimum deposit amounts for crypto wallets and cards. You can deposit at least $10 through Bitcoin, but you can’t transfer less than $50 from the card. At the same time, you can deposit no more than twice a day, and also a maximum of $300 per transaction when using the card.
But the spreads are quite precise and the Eurodollar is kept in the range of 1.7 pips. The terminal works practically without freezes, quotes are real, and execution is quite fast. I do not consider Kot4x as one of the best Forex brokers but, in general, it is possible to work with it.
A friend recommended kot4x.com to me. I opened a demo account to try my hand because I had not traded before. There are no training materials on the broker's website, but you can find them from other companies. So far, I like everything: the web platform is stable and the spreads do not widen too much. I am planning to open a real account with Kot4x soon if I don't find a company offering more favorable conditions.
This is not the best option for professional investors. The broker offers nothing to generate passive income. There are no PAMMs, social trading platforms, or any kind of investment portfolios. Sure, you can copy trades through the MQL5 community, but I can also do this with other brokers offering more options and more profitable terms. I see no reason to bother with deposits and withdrawals in bitcoins because I can easily replenish and withdraw dollars and euros without any commissions. I don’t like Kot4x.
Kot4x Latest Comments for 2021
Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.
Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Kot4x published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.
You can trade with the broker Kot4x.
These are the pros.:The company provides trading comfort and honestly introduces transactions to the real market. I didn’t notice the spreads widening, and I mainly trade with the Eurodollar (up to 1.7 pips, as I was told). I am familiar with MT4, which this broker offers for making deals. I didn't have to waste time trying to figure it out.
As for disadvantages, I can note the lack of analytics and useful services for passive earnings. Previously, I collaborated with Alpari, it had all these services. I'm thinking about going back.
Kot4x is a mediocre broker, and I did not notice any special competitive advantages. I traded with it for some time, but the trade went with varying success. I could only get back the money invested and earned $300 over. The money, however, was withdrawn without any problems.
I would like to try passive earnings, but Kot4x has no such offers for investors. A copy service wouldn't go amiss for sure, as there you can learn from someone else's experience and make deals without risks. Probably, I have to look for another broker.
The fact that Kot4x originally hails from Saint Vincent and the Grenadines doesn't bother me at all. It is a stereotype that only dishonest companies are based here. In fact, it is simply a simplified procedure for obtaining a certificate of registration in the island state. Moreover, the company has already announced that it is in the process of getting licensed.
I’ve already checked the honesty concerning Kot4x payments, and everything is OK. I haven’t risked large sums yet, and I started trading on a real account with $25. Now I have more than $900 on the balance. I have withdrawn profit twice, and there were no problems. I will see what happens next. As for now, I am planning to trade here.
I registered on the Kot4x site on the recommendation of a friend who trades with this broker. I had to spend a lot of time studying the site. I am happy because the person who invited me here gave me a cue. The support service is not particularly in a hurry to help. You have to do a lot on your own. This takes a lot of time, as does the training. There are no useful materials and services on the site. However, I decided to stay with Kot4x because the broker executes trades honestly and pays profit without delay. There are not very many payment methods, but the withdrawal in bitcoins is available and this makes me happy.
Although Kot4x claims that it is seeking to be licensed, it is still not licensed. And this suggests that you must rely solely on the honesty of this broker to fulfil its agreements. From a legal point of view, it is a dubious offshore company. To be honest, this very fact confused me.
It is a good option to try to work on the demo here, but I passed to open a real account. I’ll wait until the company starts operating legally, and then we’ll see. So far, I have read only positive feedback on cooperation with this broker, but I do not exclude the reviews that were paid.
There is really a major hassle with Kot4x, especially if you are a novice trader. I didn’t have enough analytical services, an economic calendar, or training materials. Well at least the support is sympathetic here, they helped me deal with all the nuances. It is better to contact the guys from the technical support immediately by email since there is just a "bot" in the live chat. With the bot, you can only get answers to general questions. I will continue to trade with Kot4x only because the broker honestly fulfills the agreements and does not cheat.
I have a neutral attitude toward the Kot4x broker. This brokerage company did not fail in trading, although it is offshore. I don’t take risks with CFDs; mostly I prefer to work with base currencies. Spreads are quite tight, although not the best in Forex, the non-trade commissions are far from favorable. Moreover, you have to constantly bother with the withdrawal of bitcoins. I believe that this moment and the lack of a license make Kot4x unpopular in the trading environment.
Expert Review of Kot4x
Kot4x is an unregulated offshore broker registered in Saint Vincent and the Grenadines. Despite the lack of a license, the company claims that it operates with maximum transparency and pays great attention to the security of customers' funds and their data. You can trade only after you complete a two-factor authentication, submitting the required documents, and pass the KYC verification.
The kot4x.com (Kot4x) broker offers competitive spreads, but they are not the lowest in the market. Moreover, the broker's clients have to pay extra trading commissions for trading in ECN accounts, as well as bear extra costs for exchanging BTC funds, since deposits and withdrawals are carried out only in bitcoins in Kot4x. Payments in cryptocurrency are the main reason for the low popularity of the broker among traders.
The company’s website is multifunctional, and it is in English. Its main feature is that there is no possibility to chat online with a live operator. The chatbot answers the trader’s questions on both the website and in the personal account. You have to wait 1-3 days for a response to requests sent by email.
Analysis of the Main Features of the Forex Broker
Investment Programs, Available Markets, and Products of the Broker
Kot4x brokers focus on cooperating with active traders who independently trade on Forex. For this reason, its clients cannot invest in PAMM and MAM accounts, as well as in ready-made investment portfolios. Also, Kot4x does not offer any proprietary trade-copying platforms. Meanwhile, traders can connect to social trading through the trading signals services from MetaQuotes, available directly in the MT4 terminal.
If you are a large investor and plan on investments over $10,000, contact us at [email protected] or by the feedback form on our website. Our professional team will take you through all the intricacies of thedeal and all the steps from signing up to withdrawal of profits.
Kot4x affiliate program:
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Introducing broker (IB) — this program offers remuneration in the amount of 28.6% of commission, deducted by the broker from each trader attracted;
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Affiliate broker— this program pays a commission of $2 for each lot traded by referrals.
A Kot4x partner receives a commission for the trading activities of a client attracted to the company, who made a deposit and trades actively. The greater the number of active referrals, the more the partner earns.
Rebate and Discount Programs of the Traders Union for Kot4x
The Traders Union pays a rebate (spread compensation) to traders if two conditions are performed. Register on the Union's website, and then open an account with a broker using a special affiliate link. The spread refund shall be calculated for all transactions made on Forex. Rebate for trading on Kot4x is available only to those clients who have opened a trading account using the Traders Union website.
Try it! You’ll like this!Trading Conditions for Kot4x Users
The Kot4x trading conditions are suitable for both novice and professional traders. The broker offers ECN/STP accounts with precise floating spreads from 0.4-1.2 pips and leverages up to 1:500. The minimum deposit on an account for trading only with currency pairs is $25. To make transactions with currencies, indices, commodities, metals, stocks, and cryptocurrency from a single account, replenish the account for $50 or more.
$25
Minimum
deposit
1:500
Leverage
24/7
Support

Trading platform: | MetaTrader 4 |
---|---|
Accounts: | Demo, Mini Pairs, MINI Pairs, VAR Pairs, Pro Pairs |
Account currency: | BTC, EUR, USD, GBP, CAD, AUD |
Replenishment / Withdrawal: | Bitcoin (BTC), VISA and MasterCard debit and credit cards, Discover Card, and third-party providers |
Minimum deposit: | $25 (Mini Pairs) |
Leverage: | 1:50-1:500 |
PAMM-accounts: | No |
Min Order: | 0.01 |
Spread: | From 0.4 pips |
Instruments: | Currency pairs, indices, commodities, metals, stocks, cryptocurrencies |
Margin call/Stop Out: | Not indicated |
Liquidity provider: | Not indicated |
Mobile trading: | Yes |
Affiliate program: | Yes |
Orders execution: | Market execution |
Trading features: | Cryptocurrency trading, replenishment, and withdrawal in bitcoins are available |
Contests and bonuses: | Commission of 20% for the withdrawal of funds |
Comparison of Kot4x with other Brokers
Kot4x | FxPro | XM Group | Admiral Markets UK | AvaTrade | |
Trading platform |
No | MT4, MobileTrading, MT5, cTrader | MT4, MT5, MobileTrading | MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition | MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option |
Min deposit | No | $100 | $5 | $200 | $100 |
Leverage | No |
From 1:1 to 1:500 |
From 1:1 to 1:30 |
From 1:25 to 1:500 |
From 1:200 to 1:400 |
Trust management | No | No | No | No | No |
Accrual of % on the balance | No | No | No | No | No |
Spread | No | From 1 point | From 1 point | From 0 points | From 0 points |
Level of margin call / stop out |
No | 25% / 20% | 100% / 50% | 100% / 30% | 25% / 10% |
Execution of orders | No | Market Execution, Instant Execution | Market Execution | Market Execution | Instant Execution |
No deposit bonus | No | $100 | $30 | No | No |
Cent accounts | No | No | Yes | No | Yes |
Broker comparison table of trading instruments
Kot4x | FxPro | XM Group | Admiral Markets UK | AvaTrade | |
Forex | Yes | Yes | Yes | Yes | Yes |
Metalls | Yes | Yes | Yes | Yes | Yes |
Crypto | Yes | No | No | Yes | Yes |
CFD | Yes | Yes | Yes | Yes | Yes |
indexes | Yes | Yes | Yes | Yes | Yes |
Stock | Yes | No | Yes | Yes | Yes |
ETF | No | No | No | Yes | No |
Options | No | No | No | No | No |
Kot4x Commissions & Fees
The experts at TU have analyzed the trading terms of Kot4x to reveal the broker's trading and non-trading commissions. The company deducts a trading fee in the form of a spread (for all accounts) and a commission per lot on accounts with a spread reduced as follows: $7 for Standard Pairs and Pro Pairs and $1 for Mini Pairs. For non-trading commissions on the replenishment of a deposit with debit and credit cards via eCommerce Pay, the broker charges a fee of 5% of the transaction amount. Withdrawals are free.
Account type | Spread (minimum value) | Withdrawal commission |
Mini Pairs | from $10 | No |
Standard Pairs | from $8 | No |
VAR Pairs | from $12 | No |
Pro Pairs | from $4 | No |
A swap commission is charged for shifting a position to the next day. After analyzing all kot4x.com accounts, we deduced the average spread and then compared it to similar indicators of other brokers. To put that into perspective, please find the comparison results with the assignment of the commission level in the below table.
Broker | Average commission | Level |
Kot4x | $8.5 | High |
RoboForex | $6.55 | Low |
Quite high spreads are indicated on the Kot4x broker's website, which can still be reduced due to the rebate from the Traders Union.
Detailed Review of Kot4x
The Kot4x broker offers a wide range of trading instruments of various asset classes for online trading using the MT4 platform, including CFDs (contracts for difference) and trades in major, minor, and exotic currency pairs. Its clients can make operations with 55 currencies, 11 indices, 9 commodities (including precious metals and energy), 105 stocks, and 31 cryptocurrencies. All transactions are made from ECN accounts.
Kot4x in figures:
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Over 250 trading instruments.
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Excess to Forex if you have more than $25 on your account.
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The leverage is up to 1:500.
Kot4x is among the best brokers for active and passive investments.
Kot4x executes clients' trades using the STP (straight through processing) model, which supposes order processing without the dealing center intervention. Thus, the conflict of interests between traders and the broker is excluded. Each client's trade is placed on the Kot4x aggregator, providing the best prices from the leading financial industry liquidity providers. Working using the STP model helps the company to minimize the inaccurate quotes and provide traders with ultra-fast execution speed.
The broker provides an MT4 terminal for trading. It is available for desktop and mobile devices using iOS and Android. Clients can also work through a web platform that is compatible with most modern browsers and doesn’t require downloading or installing any extra software.
For now, Kot4x doesn’t offer any proprietary useful services to improve the trading quality. You can only use the tools built into MT4 to meet your trading needs.
Advantages:
A wide range of trading assets, including cryptocurrencies, currency pairs, and CFDs.
Tight enough market spreads in a tranquil market.
The minimum deposit to start trading currency pairs is comprehensible.
High leverage for Forex trading.
Free access to MetaTrader 4, the most popular platform among traders.
Orders execution uses the ECN STP model to avoid passing through the dealing center.
Advisors, scalping, hedging, and news trading are allowed. You can simultaneously open several positions, both long and short.
How to Start Making Profits — Guide for Traders
Kot4x offers 4 types of ECN accounts for MT4 with a maximum leverage of 1:500. They differ in the size of the minimum deposit, the number of available assets, the spread, and the presence/absence of commission per lot.
Types of accounts:
Training on a demo account allows you to test the operations of the terminal provided and to evaluate the trading terms.
Kot4x is the perfect option for professional traders who are ready to invest from $500 to trade with precise market spreads.
Bonuses Paid by the Broker
A withdrawal bonus consists of 20% of the withdrawal amount
The maximum amount of remuneration should not exceed $5,000 or the equivalent.

Bonus from Traders Union
Cooperation with the Traders Union rebate service will reduce your trading costs. The Union compensates its trading partners with a percentage of the costs of the spread. To get this bonus, simply register on the Traders Union website, and then open an account with a broker using the affiliate link. Fulfill these terms, and the Traders Union will give you a rebate on all transactions made on Forex. The bonus is only available to those Kot4x customers who have followed the above instructions. If you are already an existing client of a broker, follow this link and find instructions to link your trading account with your Traders Union account.
Investment Education Online
There is no training section or analytics on the Kot4x website. Click on the FAQs icon to be redirected to the Knowledge database section. There are only a few training materials and most all the information provided concerns the trading conditions of the broker.
You can, however, get a minimal understanding of the principles of Forex trading by practicing on a demo account.
Security (Protection for Investors)
The official website of the kot4x.com company provides information that the company is in the process of applying for a regulatory license.
Kot4x tries to compensate for the lack of a license by providing maximum security to its customers. With this objective in view, the broker uses two-factor authentication (2FA) to identify users and protect their accounts from unauthorized access. The company offers 2 options: connect the service through a special Authy application or via SMS.
👍 Advantages
- The company keeps clients' funds separately from equity capital in special bank accounts
- Two-factor authentication is used to protect personal traders’ private information and payment data
👎 Disadvantages
- A negative balance protection function is not available
- The client can’t file a formal complaint with international regulators
- The trader accepts all financial risks associated with the possible insolvency of the company
Withdrawal Options and Fees
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The Kot4x company does not charge a commission for withdrawals. Withdrawals are processed within 24 hours.
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Bitcoin crypto wallets, VISA debit and credit cards, MasterCard, Discover Card, and third-party providers are available for withdrawing money. The minimum withdrawal amount is $10.
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If the trading account was replenished with a card, then the client can withdraw an amount equal to the deposit to the card. Additional funds over the original deposit amount must be withdrawn in another way.
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Withdrawal and replenishment currencies: BTC.
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Crediting terms. Money shall be credited to the Bitcoin wallet within 1-3 hours, to a credit card (provided that the original card with which the deposit was made is indicated) within 1-5 business days.
Customer Support Service
The chatbot responds in the online chat, so traders can ask questions 24/7.
👍 Advantages
- Chat available 24/7
👎 Disadvantages
- You can't contact a live operator
- There is no way to call support staff
- The chatbot responds only in English
The trader may contact the broker's support team in the following ways:
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ask a question in the chatbot;
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send an email request;
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fill out the contact form on the website (available only for registered customers);
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request a call back (available only for traders with active accounts).
The online chat button is available on the broker's website and in the personal account.
Contacts
Registration address | Saint Vincent and the Grenadines |
Contacts |
Email:
[email protected],
|
Review of the Personal Cabinet of Kot4x
To join Forex through the Kot4x intermediary:
Open a trading account. To do this, go to the broker’s official website and click "SIGN UP" in the upper right corner of any page.


Register and create a personal account. Enter your last name, first name, email address, and create a password. Follow the link from the letter received to the specified email to confirm the current email address. Then, in the new dialog box, indicate your phone number, date of birth, gender, address with zip code, and select the currency of the account. Turn on two-factor authentication in your account and create a new account (demo or real).
In the Kot4x personal account, you can:




The following options are also available in the personal account:
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Setting up two-factor authentication to protect your account from unauthorized entry.
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KYC confirmation and verification.
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Viewing system notifications.
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Generating a 6-digit password to create a ticket and sending it by email to customer support.
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Kot4x kot4x.com kot4x com kot 4 x kot 4x comThe Oldest Reviews of the Kot4x
The reviews by customers of the Kot4x indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.
Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Kot4x published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.
Maybe there are good conditions for traders in Kot4x, such as a small entry threshold, and there is an affiliate program for passive earnings, but I decided to refuse to cooperate with them. I have many strong reasons for this. First, the broker wasn't concerned with any analytics. I believe that this is a big drawback that doesn’t allow us to monitor the market and make balanced decisions. Second, the replenishment limit simply annoys me. You cannot deposit more than $300 at a time using the card, and the number of deposits is no more than two per day. A very strange approach, I must say.
You can work with Kot4x. The spreads are quite narrow and they don’t exceed 1.7 pips in real trading or EUR/USD. Transaction execution is at a high ebb; I did not notice any slippage. The lack of training materials did not bother me much, I quickly found where to replenish the mental vocabulary on third-party services, but I regret the lack of analytics. Because of this, I lost a lot of time. It took a long time to make up for the lost time. In a couple of months, I finally paid off the investments and have $2,000 on the balance. I have not tried to withdraw funds yet, but I have heard that this broker has no problems with payment discipline.
I started cooperation with Kot4x a couple of months ago. None of my acquaintances work with this broker, so I decided to open a demo account for training and familiarization with the functionality, and only then switch to a real account. The terminal works pretty well, there are enough tools for making a profit, the transaction execution is momentary indeed.
I think I will switch to a real account, the entry threshold is small, so I am ready to test it. It's a pity that the broker isn't concerned about having a knowledge base.
Novice traders like me need at least a minimal pool of useful materials. And so, I had to spend money on buying an express course on trading, which was offered by a third-party company.
Kot4x can still be considered for Forex trading since the cooperation terms are quite interesting. But the company is not suitable for investors. Neither PAMM accounts nor copy services are provided to copy the transactions of others. I don't have much experience in active trading, so I lost my entire deposit at the start by negligence. I don't want to take any more risks, so I will look for another broker that offers a variety of options for both passive and active earnings.
I became interested when I saw an advertisement for Kot4x on a thematic forum. Terms are acceptable, I even decided to open a demo here. Trading on the test account was going up a storm: I did not notice slippages and large spreads widening. I was about to open a real account but quit while I was ahead. When verifying legal documents, it turned out that the broker is offshore (registered in Saint Vincent and the Grenadines). I am afraid to work with such companies, as I have already had a negative experience.
I wanted to cooperate with Kot4x, but it is not even possible to consult a “live” operator in the online chat on the site. You can communicate only with a bot! And if you send a request by email, you will be waiting for an answer for a few days. In one word, I can’t count on support in this company, and I can't figure out all the nuances on my own. I will look for an alternative.
Kot4x should only be considered by those who plan to trade on their own. Otherwise, it is not for you. There are no PAMM or MAM accounts, or ready-made investment portfolios here. You can connect to social trading, but only through MT4 services. It seemed to me not very convenient.
There are no problems with the variety of assets on the broker's website, the spreads are quite good, although not the best on the market. But the broker has taken over with non-trading commissions. You have to pay a fee of 5% of the amount for replenishment from cards via e-Commerce Pay.
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FAQs

Do reviews by traders influence the Kot4x rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Kot4x you need to go to the broker's profile.

How to leave a review about Kot4x on the Traders Union website?
To leave a review about Kot4x, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about Kot4x on a non-Traders Union client?
Anyone can leave feedback about Kot4x on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with Kot4x through Traders Union?
Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.

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