This KOT4X review assesses the broker’s offshore regulatory status, trading platforms, available assets, account structures, and client security. KOT4X (King of Transparency) is a high-leverage offshore forex and CFD broker catering to retail traders with support for MetaTrader 4 and cryptocurrency-based funding.

Regulation and Safety

KOT4X is incorporated in St. Vincent and the Grenadines and operates without formal regulation from a recognised financial authority:

• Entity: KOT4X Ltd – Registered in SVG (no license number provided)

This means there is no investor protection fund, no formal oversight, and no client recourse mechanism. Funds are not insured, and the broker does not segregate accounts in the way top-tier regulators require.

Execution Model and Trading Platforms

KOT4X uses a hybrid STP/ECN model for order execution. Liquidity is aggregated externally, but transparency around counterparties is limited. Platform support includes:

• MetaTrader 4 (MT4) – desktop, web, and mobile versions
• No support for MetaTrader 5 or proprietary platforms

FIX API and VPS services are not offered. Manual and EA trading are both supported on MT4.

Markets and Instruments

KOT4X offers over 160 instruments across the following asset classes:

• Forex: 55+ currency pairs including majors and minors
• Indices: US30, SPX500, NAS100, GER30, UK100
• Commodities: Gold, silver, crude oil
• Stocks: CFDs on 100+ US and EU companies
• Cryptocurrencies: BTC, ETH, XRP, LTC, DOGE, SOL

Accounts, Spreads and Leverage

There are four live account types with differing spread and commission structures:

• Standard Account: Spreads from 1.2 pips, no commission
• Pro Account: Spreads from 0.4 pips, $7 commission/lot
• VAR Account: Spreads from 1.0 pips, no commission
• ECN Account: Spreads from 0.0 pips, $7 commission/lot

Leverage is available up to 1:500. Minimum deposit for all accounts is $50. Stop-out level is set at 50% across accounts.

Funding and Base Currencies

KOT4X exclusively supports cryptocurrency-based deposits and withdrawals:

• Bitcoin (BTC) is the primary deposit method
• No support for card payments, bank wires, or e-wallets

All client accounts are denominated in USD but funded via BTC. Deposits typically take 1–3 confirmations; withdrawals are processed within 24 hours.

Client Protections and Features

• No regulatory oversight or investor compensation fund
• No negative balance protection guaranteed
• No 2FA or biometric security on client portal
• Manual KYC process with limited transparency
• Accounts and operations hosted offshore

Institutional and Retail Offering

KOT4X exclusively serves retail traders. There are no institutional services:

• No FIX API access
• No white-label or prime brokerage
• No volume-based rebates or liquidity programs

Pros and Cons

Pros

• High leverage up to 1:500
• Multiple account types including ECN
• Crypto deposits and withdrawals
• MT4 access across all devices
• Low minimum deposit of $50

Cons

• Unregulated offshore broker
• No investor protection or fund segregation
• Crypto-only funding methods
• No MT5 or proprietary platforms
• No institutional tools or protections

Frequently Asked Questions

Is KOT4X regulated?

No, KOT4X is not regulated by any financial authority. It is incorporated in St. Vincent and the Grenadines, a jurisdiction with no forex oversight.

What is the minimum deposit at KOT4X?

The minimum deposit is $50, and funding must be done via Bitcoin (BTC).

Can I trade crypto with KOT4X?

Yes, KOT4X offers CFDs on a range of cryptocurrencies including BTC, ETH, XRP, and more.

Which platforms are supported?

KOT4X supports MetaTrader 4 (MT4) only. MT5 and proprietary platforms are not offered.

Does KOT4X offer any institutional services?

No, KOT4X is focused solely on retail traders and does not offer institutional-grade tools like FIX API or white-label solutions.