All Share (J203) = 89 519
Rand / Dollar = 18.20
Rand / Pound = 23.43
Rand / Euro = 19.66
Gold (usd/oz) = 3 023.65
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.13
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Kot4X Minimum Deposit

Kot4X Minimum Deposit

 

Kot4X has a minimum deposit requirement of only $25-$50 with no maximum amount. This minimum deposit amount was equivalent to ZAR R400-R800 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

Kot4X at a glance

Broker's NameKOT4x Broker
🏛️ HeadquartersKingstown, Saint Vincent and Grenadines
📅 Year Founded2019
⚖️ Regulating AuthoritiesNot regulated
🌐 Countries not accepted for tradeBahamas, 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 AccountYes
✴️ Institutional AccountsYes
👨🏼‍💼 Managed AccountsNo
⬆️ Maximum Leverage1:500
👉 Sign Up Bonus Yes
💰 Minimum Deposit$25 (Mini Pairs)
💳 Spread0.8 pips
💳 Deposit OptionsBitcoin, Instacoins, credit cards
💳 Withdrawal OptionsBitcoin, credit cards
📊 Platform TypesMT4, WebTrader
📶 OS CompatibilityMac, Windows, Linux, Web, Mobile Android, iPhone, iPad.
📈 Tradable assets offeredCurrency pairs, indices, commodities, metals, stocks, cryptocurrencies
💬 Languages supported on WebsiteEnglish only
💬 Customer Support LanguagesEnglish only
⏲️ Customer Service Hours24/7
🔎 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 Minimum Deposit – 5 key point quick overview:

  1. Deposit fees and deposit methods
  2. A step-by-step guide to depositing the minimum amount
  3. Kot4X Pros and Cons
  4. Conclusion
  5. FAQ’s

 

Deposit fees and deposit methods

kot4x deposit methods

 

Compared to other brokers, the minimum deposit amount that Kot4X requires when traders register a live account is fairly low.

 

Kot4X offers traders a number of payment or deposit methods that can be used when funding accounts. Withdrawals usually have to be returned by the same method used to deposit and to the same bank account.

 

Kot4X accepts the following payment methods: Bitcoin, Litecoin, Ethereum, Ripple, USDT, Dogecoin, as well as Debit/Credit Card (Via Multiple 3rd Party Platforms) can be used but in case of the latter, the minimum deposit amount is $25-$50.

 

Kot4X does not levy additional fees, and third-party charges may be applicable. Processing times for deposits are promised to be fast – within 24 hours. BTC, EUR, USD, GBP, CAD and AUD are accepted as Deposit currency.

 

Traders must ensure that they verify whether their financial institution charges its own fees.

 

A step-by-step guide to depositing the minimum amount

 

Traders can fund their accounts by sending the funds to one of the Kot4X segregated client accounts from their own bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and had been approved.

 

Step 1 – Log in to your Kot4X account

Traders then log into their personal area,

deposit the minimum deposit kot4x step 1

 

Step 2 – Select the “deposit funds” option

Select the option for deposits, and follow the instructions to make a deposit into their trading account. Traders must make sure that they select the correct deposit currency if there is a choice available.

deposit the minimum deposit kot4x step 2

 

Step 3 – insert your card details and amount

Funds must be transferred in the same currency as the bank account to which they are sending it to, to prevent currency conversion fees from being charged.

deposit the minimum deposit kot4x step 3

 

Your funds have now been deposited

 

Kot4X Pros and Cons

✔️ Pros❌ Cons
Cryptocurrency can be used for depositFirst withdrawals to be made to BTC
Provides MT4 for mobile, desktop, and webNo analytics, training, or tools useful to a trader
Precise spreads
High leverage

 

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, Kot4X has a minimum deposit requirement of only $25-$50 with no maximum amount. Kot4X’s authorization as a broker and its regulatory authorities may require that client funds must be kept in segregated accounts, separate from the brokeraccount, and that such funds could only be used by traders to conduct their trading activities.

 

You might also like: Kot4X Account Types

You might also like: Kot4X Demo Account

You might also like: Kot4X Fees and Spreads

You might also like: Kot4X Sign up bonus

You might also like: Kot4X Review

 

FAQ’s

What is the minimum deposit required to open an account with KOT4x Broker?

$25 (Mini Pairs)

 

How do you make a deposit and withdraw money with KOT4x Broker?

KOT4x Broker offers the following deposit and withdrawal methods:

  • Bitcoin
  • Litecoin
  • USDT (Tether/ERC20)
  • Ripple
  • Ethereum
  • Dogecoin
  • Debit/Credit Card via 3rd Party Providers

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.

 

Does KOT4x Broker charge withdrawal fees?

No, but network fees would apply when withdrawing via Bitcoin.

 

How long does it take to make a withdrawal?

KOT4x aims to process withdrawal requests within 24 hours. Once Bitcoin withdrawals are processed, you are required to have 3-6 confirmations on the Blockchain before the funds will be available in your BTC wallet, which takes between 1-3 hours.

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

July 14, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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