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 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 Minimum Deposit – 5 key point quick overview:
- Deposit fees and deposit methods
- A step-by-step guide to depositing the minimum amount
- Kot4X Pros and Cons
- Conclusion
- FAQ’s
Deposit fees and 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,
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.
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.
Your funds have now been deposited
Kot4X Pros and Cons
✔️ Pros | ❌ Cons |
Cryptocurrency can be used for deposit | First withdrawals to be made to BTC |
Provides MT4 for mobile, desktop, and web | No 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.
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