Overall Rating: ★★☆☆☆ (2.3/5.0)

KOT4X (King of Transparency) is an offshore forex and CFD broker offering trading via MetaTrader 4 (MT4) with access to forex, indices, stocks, commodities, and cryptocurrencies. While it appeals to traders looking for high leverage, crypto-based accounts, and raw spread trading, KOT4X operates without regulation and provides no client fund protection. The broker has gained popularity through social media promotions but is often criticised for lack of transparency, poor customer service, and high-risk structure.

This KOT4X review outlines its platform, pricing, regulation status, and whether it’s a reliable choice in 2025.

Key Features

KOT4X targets retail traders who want quick setup, crypto deposits, and raw spreads through MT4.

• Trading Platform:
  • MetaTrader 4 (MT4) only
• Markets Offered:
  • Forex, stocks, indices, commodities, and crypto CFDs
• Account Types:
  • Standard, VAR, PRO, and ECN accounts
• Leverage:
  • Up to 1:500
• Minimum Deposit:
  • $50, with Bitcoin-only funding
• Funding Methods:
  • Bitcoin only – no fiat support

Regulation and Security

KOT4X is an unregulated broker and does not offer any form of legal protection for client funds.

• No licence from any regulatory body (FCA, ASIC, CySEC, etc.)
• Registered in Saint Vincent and the Grenadines
• No negative balance protection
• No investor compensation scheme
• No verified fund segregation or financial audits

Pricing and Costs

KOT4X offers flexible account types, but lacks transparency on real execution quality.

• Spreads:
  • ECN: From 0.4 pips
  • VAR Account: From 1.2 pips
• Commissions:
  • ECN: $7 per lot round-turn
• Deposit/Withdrawal Fees:
  • No deposit fees (Bitcoin-only); crypto network fees apply
• Inactivity Fee:
  • Not publicly disclosed

Educational Resources and Customer Support

KOT4X offers very limited education, and its support has received mixed user reviews.

• Education:
  • Basic trading FAQs and platform setup guides
  • No structured courses or advanced content
• Market Analysis:
  • Minimal to none
• Customer Support:
  • Live chat and email support
  • No phone contact or dedicated support team
  • No known physical office presence

Risk Management Tools

Risk controls are only available via the MT4 platform, with no broker-level protections.

• Stop-loss, take-profit, and trailing stop orders
• No guaranteed stop-loss orders (GSLOs)
• No margin alerts or account protection guarantees
• High leverage increases exposure to loss without safeguards

Pros and Cons

Pros

• MT4 access with multiple account types
• Crypto-based accounts with high leverage
• Low minimum deposit ($50)
• Raw spread ECN option for advanced traders

Cons

• Unregulated with no legal protection or licensing
• Only accepts Bitcoin for deposits and withdrawals
• No verified fund segregation or compensation scheme
• No phone support or physical presence
• Limited education, analytics, and transparency

Conclusion: Is KOT4X the Right Choice?

KOT4X is not recommended for serious or long-term traders. Despite offering high leverage and crypto-based funding, the lack of regulation, fiat support, and investor protection makes it a high-risk option. Its appeal on social media should not be mistaken for credibility or safety.

If you value regulation, fund protection, and full-platform support, consider trusted brokers like AvaTrade, Pepperstone, or IC Markets.