Kot4X’ spreads on EUR/USD start from 0.4 pips. Fees, spreads, and commissions that traders can expect on the company’s spread list when trading with Kot4X is as follows:
- PRO Pair – From 0.4 pips
- Standard Pair – From 0.8 pips
- VAR Pair – From 1.2 pips
- MINI pair – From 1.0 pip
Kot4X at a glance
| Broker's Name | KOT4x Broker |
| 🏛️ Headquarters | Kingstown, Saint Vincent and Grenadines |
| 📅 Year Founded | 2019 |
| ⚖️ Regulating Authorities | Not regulated |
| 🌐 Countries not accepted for trade | Bahamas, Botswana, Cambodia, Congo, DRC, Cuba, Ethiopia, Ghana, Iran, Iraq, Japan, Lebanon, Libya, Malta, Myanmar, North Korea, Pakistan, Panama, Somalia, Sri Lanka, Sudan, Syrian Arab Republic, Trinidad and Tobago, Tunisia, Vietnam, Yemen, Zimbabwe. |
| ☪️ Islamic account (swap-free) | Yes |
| 📒 Demo Account | Yes |
| ✴️ Institutional Accounts | Yes |
| 👨🏼💼 Managed Accounts | No |
| ⬆️ Maximum Leverage | 1:500 |
| 👉 Sign Up Bonus | Yes |
| 💰 Minimum Deposit | $25 (Mini Pairs) |
| 💳 Spread | 0.8 pips |
| 💳 Deposit Options | Bitcoin, Instacoins, credit cards |
| 💳 Withdrawal Options | Bitcoin, credit cards |
| 📊 Platform Types | MT4, WebTrader |
| 📶 OS Compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad. |
| 📈 Tradable assets offered | Currency pairs, indices, commodities, metals, stocks, cryptocurrencies |
| 💬 Languages supported on Website | English only |
| 💬 Customer Support Languages | English only |
| ⏲️ Customer Service Hours | 24/7 |
| 🔎 Open an Account | 👉 Click Here |
Min Deposit
USD 25
Regulators
Not Regulated
Trading Platform
MT4, WebTrader
Crypto
Yes
Total Pairs
55
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Kot4X Fees and Spreads – 5 key points quick overview:
Kot4X Additional Trading Fees
When trading financial instruments such as forex, traders can expect overnight fees, or swap fees will be applicable when positions are held for longer than one trading day. Kot4X does provide for an Islamic Account for Muslim traders who follow the Sharia Law and are prohibited from earning or paying interest where the holding of open positions is concerned.
The Kot4X support team can be contacted to find out whether spread betting is allowed and what spread betting fees would apply.
Kot4X Broker Fees
Kot4X does not charge deposit fees and inactivity fees. There is no deposit fees payable when Cryptocurrencies or Bitcoin via Credit/Debit Card (via Various 3rd Party Platforms) are used. Network fees would apply when depositing via Bitcoin.
Traders need to verify what additional charges which may be waived by their financial institution. In addition, should traders transfer fees in a currency which is different from their account base currency they may be subjected to currency conversion fees.
No withdrawal fees are charged but network fees would apply when withdrawing via Bitcoin.
Kot4X Pros and Cons
| ✔️ Pros | ❌ Cons |
| Provides the MT4 terminal for mobile, desktop, and web | Not regulated |
| Precise spreads | No proprietary services for copying transactions |
| High leverage | ,No analytics, training, or tools useful to a trader |
| Several account options |
Min Deposit
USD 25
Regulators
Not Regulated
Trading Platform
MT4, WebTrader
Crypto
Yes
Total Pairs
55
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Conclusion
Overall, spreads on EUR/USD start from 0.4 pips. Kot4X does not charge deposit fees and inactivity fees. There is no deposit fees payable when Cryptocurrencies or Bitcoin via Credit/Debit Card (via Various 3rd Party Platforms) are used. Network fees would apply when depositing via Bitcoin.
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FAQ’s
How many instruments can I trade with KOT4x Broker?
You can trade several different instruments with KOT4x Broker, which include the following:
- Currencies
- Cryptocurrencies
- CFD: Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities
Which platforms are supported by KOT4x Broker?
KOT4x Broker provides the popular MT4trading platform
Does KOT4x Broker offer leverage?
Yes, KOT4x Broker offers maximum leverage of up to 1: 500
What spreads can I expect with KOT4x Broker?
KOT4x Broker offers different spreads on its various accounts, starting at 0.4 pips.
Does KOT4x Broker charge commission?
Yes, more information on commissions will become available after opening an account.
Are there additional charges on the Islamic account?
Kot4X does offer an Islamic Account. Some brokers charge extra fees on Islamic accounts – are either in wider spreads, additional commissions, or administration fees to make up for money that they lose with not charging overnight fees. New Islamic traders should enquire about these special conditions or extra fees before joining, because it is often overlooked or not indicated on the account features pages.
Is KOT4x Broker regulated and by whom?
KOT4x Broker is not regulated.
Is KOT4x Broker a recommended forex trading broker for experts and beginners?
KOT4x Broker offers a fair trading environment for most types of traders.
What is the overall rating out of 10 for KOT4x Broker?
5/10
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