
Kot4x EUR/USD Spread Compared to Top Competitors
The average spread for the EUR/USD across more than 200 brokers offering ECN and raw spread accounts is 0.17 pips. The average spread of Kot4x for the EUR/USD currency pair is 0.2 pips, which corresponds to a Kot4x high spread compared to the market average.
While Kot4x provides competitive conditions for traders seeking a Kot4x low spread environment, the slight difference in spreads places its EUR/USD offering at the higher end compared to the industry standard. This difference highlights the need for traders to evaluate both the potential for low-cost trading with Kot4x and the impact of slightly higher spreads on overall expenses. Understanding Kot4x's spread structure—both low and high—allows traders to align their strategies with expected trading costs and execution volumes.
How does Kot4x EUR/USD spread compare to top competitors?
The average EUR/USD spread among over 200 researched Forex brokers on ECN accounts is 0.17 pips. We also compared the spreads and per-lot fees of Kot4x with top competitors accepting clients from your country.
Kot4x offers a competitive EUR/USD spread of 0.2 pips on its ECN account. Traders should also review the Kot4x EUR spread and Kot4x USD spread for other currency pairs, as these can fluctuate based on market conditions and the selected account type. Evaluating overall trading costs across multiple pairs is crucial when considering Kot4x as a broker.
Kot4x EUR/USD spread vs competitors
Trading conditions | Kot4x | RoboForex | Moneta Markets |
---|---|---|---|
EUR/USD |
0,2 |
0,2 |
0,3 |
GBP/USD |
0,2 |
0,4 |
0,4 |
ECN commission (per lot) |
3 |
2 |
3 |
Supported currency pairs |
40 |
29 |
60 |
Open an account |
What other fees does Kot4x charge?
Kot4x spread and fees are critical factors for traders aiming to optimize their trading costs. With a combination of competitive spreads and minimal non-trading fees, Kot4x provides a transparent and cost-effective trading environment. By carefully analyzing the broker’s spread structure and associated fees, traders can ensure that Kot4x aligns with their trading strategies and financial goals.
We also compared the spreads of Kot4x on Standard account types with those of competitors, as well as non-trading fees such as inactivity fees and withdrawal fees.
Kot4x EUR/USD and GBP/USD spread vs competitors
EUR/USD and GBP/USD spread | Kot4x | RoboForex | Moneta Markets |
---|---|---|---|
EUR/USD, min pips |
0,1 |
0,5 |
1,2 |
EUR/USD, max pips |
1,7 |
1,5 |
1,8 |
GBP/USD, min pips |
0,1 |
0,5 |
1,2 |
GBP/USD, max pips |
1,8 |
1,5 |
1,8 |
Kot4x non-trading fees vs Competitors
Non-trading fees | Kot4x | RoboForex | Moneta Markets |
---|---|---|---|
Deposit fee, % |
0-5 |
0 |
0 |
Withdrawal fee, % |
0 |
0-4 |
0 |
Withdrawal fee, USD |
0 |
0-1,3 |
0 |
Inactivity fee, $ |
0 |
0 |
0 |
Kot4x ECN/Raw spread account vs Standard account: Where is the lower spread?
According to calculations by Traders Union based on the analysis of over 300 brokers, the average cost of executing a trade of 1 standard lot of EUR/USD on an ECN/RAW account, including spread and commission, is $5.20. In contrast, the average spread on a Standard account is 0.8 pips, which is equivalent to $8 per lot. It is also worth noting that ECN/RAW accounts generally offer faster order execution and allow trading with bots, making them more suitable for active traders.
The average Kot4x EUR/USD spread is 0,2, which equal to 2$, plus you will need to pay a commission per lot of ECN 3$. Kot4x Standard account spread is 0,1, which equal to 0,2; however, there is no extra commission to pay in this case.
Kot4x low spread options, particularly on its Standard account, appeal to traders aiming to minimize costs. However, a detailed Kot4x spread analysis reveals that ECN/RAW accounts, despite their additional commission fees, provide superior execution speed and scalability for high-frequency or automated trading. Choosing the right account type depends on the trader’s volume and strategy, balancing the benefits of low spreads against potential commission costs.
What other factors directly affect Kot4x EUR/USD spread?
Several factors directly impact Kot4x the overall cost of executing trades in EUR/USD, beyond just the average spread. Here are some key considerations:
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Liquidity and daily turnover: Higher liquidity and larger daily turnover generally result in tighter spreads and better trade execution. Brokers with higher liquidity can offer more competitive pricing and faster order execution, which is crucial for active traders.
Average Daily Turnover
Broker | Average daily turnover for all currency pairs $B | Open an account |
---|---|---|
29 |
||
18,6 |
||
18,6 |
-
Kot4x Order Execution Speed:
Faster order execution reduces the likelihood of slippage, ensuring that trades are executed at the expected prices. This is especially important for scalpers and high-frequency traders. Typically, order execution speed is better on ECN accounts. Kot4x is an ECN Forex broker, which means it offers high.
Time of Day:
-
Best Times to Trade EUR/USD is Peak Activity: 8:00 AM to 12:00 PM EST (1:00 PM to 5:00 PM GMT). During the overlap of the London and New York sessions, liquidity is highest and spreads are usually the tightest.
-
Worst Times to Trade EUR/USD: 5:00 PM to 10:00 PM EST (10:00 PM to 3:00 AM GMT). Spreads widen during this period due to low liquidity when major markets are closed.
-
-
Commission Fees
In addition to spreads, commission fees per trade can significantly impact the total cost. ECN/RAW accounts often charge a commission per lot, which needs to be factored into the overall trading cost. Kot4x commission per lot is 3$. -
Non-Trading Fees:
Inactivity fees, withdrawal fees, and other non-trading charges can add up and impact your overall profitability. It is essential to review all potential fees associated with the broker. -
VPS (Virtual Private Server) Services:
Utilizing a VPS can enhance your trading by providing a stable and high-speed internet connection, reducing latency and potential slippage. This is particularly beneficial for automated trading systems and high-frequency traders, as it ensures your trades are executed as quickly as possible, minimizing execution costs.
Kot4x fees vs сompetitors
Broker | Kot4x | RoboForex | Moneta Markets |
---|---|---|---|
Free VPS |
|||
API |
|||
Signals (alerts) |
|||
TradingView integration |
|||
Trading bots (EAs) |
|||
Scalping |
|||
One click trading |
Kot4x regulation and other important trading conditions
Kot4x offers competitive trading conditions suitable for traders with various strategies. The Kot4x spread details emphasize attractive rates across ECN and Standard accounts, appealing to both scalpers and long-term traders. With Kot4x spreads starting as low as 0.0 pips on specific accounts, the broker stands out for providing tight pricing and fast trade execution. Additionally, multiple account types and currency options ensure versatility for a wide range of trading preferences.
Kot4x regulation and other important trading conditions
Minimum deposit |
$10 |
Trading platform |
TradeLocker |
Accounts |
Standard 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 |
Trading features |
Cryptocurrency trading; Replenishment; Withdrawal in bitcoins are available. |
Trading features |
Currency pairs, indices, commodities, metals, stocks, cryptocurrencies |
Can I copy trade EUR/USD at Kot4x?
No, Kot4x does not support copy trading. However, you can still benefit from this feature by choosing among the following brokers that do support copy trading:
Brokers that do support copy trading
Broker | Copy trading | Open an account |
---|---|---|
These platforms offer the ability to follow and replicate the trades of experienced traders, allowing you to participate in the EUR/USD market without needing to manage trades actively. Simply select a broker from the list, and start leveraging professional strategies to enhance your trading results. Compare Eightcap vs Kot4x review.
Conclusion
Kot4x offers competitive spreads for EUR/USD, making it an attractive choice for traders seeking cost-effective trading conditions. While spreads may vary depending on market conditions and account type, Kot4x provides a balanced offering compared to top brokers. Traders should always consider other factors like execution speed, platform features, and additional fees when choosing a broker to ensure it aligns with their trading needs.
FAQs
How does Kot4x’s spread compare to other brokers?
Kot4x spreads are competitive, often comparable to or lower than many leading brokers.
Does the spread depend on the account type?
Yes, ECN accounts generally offer lower spreads than standard accounts.
Are Kot4x spreads fixed or variable?
Spreads at Kot4x are variable, adjusting based on market conditions.
Can spreads differ between Forex pairs?
Yes, EUR/USD typically has lower spreads compared to less liquid Forex pairs.
Team that worked on the article
Rinat Gismatullin is an entrepreneur and a business expert with 9 years of experience in trading. He focuses on long-term investing, but also uses intraday trading. He is a private consultant on investing in digital assets and personal finance. Rinat holds two degrees in Economy and Linguistics.
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.
As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).