Kings of Transparency (KOT4X) is an online forex, crypto, and CFD broker that provides cutting-edge technology for trading various markets, to a global clientele. They provide a secure ECN trading environment and offer 250 trading instruments across different asset classes, such as forex, commodities, cryptocurrency, stocks, indices, metals, and energies. Cryptocurrencies are available for trading 24/7.
The broker operates with the straight-through processing (STP) execution model, which means that orders are routed to the liquidity providers, so there is no intervention from the broker, eliminating the possibility of a conflict of interest.
KOT4X Review Introduction
In this KOT4X review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including KOT4X.
KOT4X Platforms & Tools
KOT4X provides users with the popular MetaTrader 4 (MT4) trading platform, which is used by millions of traders all over the globe. MT4 has a fully customizable and intuitive interface, and it’s widely regarded as the most user-friendly online trading platform, which makes it a popular choice amongst beginners. It has an abundance of built-in advanced trading tools to ensure that it satisfies the needs of experienced and professional traders.
The MT4 is available as a desktop application for Windows and Mac PCs, web trading terminal, and mobile trading apps for iOS and Android devices. The MT4 web platform can run directly on most modern web browsers like Google Chrome, Safari, Firefox, and Edge without the need to download and install any software, whereas the MT4 mobile apps can be downloaded from the relevant app stores. The mobile apps are useful for those who need to access their account and trade on the go.
KOT4X Research & Education
There are no educational materials on the broker’s website presently.
KOT4X Trading Accounts
KOT4X offers 4 types of MT4 trading accounts, which are the Standard Pairs, PRO Pairs, VAR Pairs, and Mini Pairs accounts. The accounts use the ECN/STP execution model with leverage of up to 1:500. The required deposits range from $25 for the Mini Account to $500 on the Pro Account. The maximum trade size is 1000 lots. The major differences between each of the account types are the spreads and commissions.
KOT4X Account Funding
KOT4X only accepts bitcoin (BTC) for making deposits and withdrawals. This enables the client to complete their payments without divulging any sensitive financial information (like credit or debit card details) to the seller. There are no deposit or withdrawal fees from the broker’s side.
KOT4X Customer Service
You can get in touch with the KOT4X dedicated customer support team directly by completing the form on the broker’s website or sending them an email. There is also an automated online chat function on the broker’s website.
KOT4X is an offshore broker located in Saint Vincent and the Grenadines. However, there is no regulatory information on the broker’s website.
KOT4X Review Summary
Generally, KOT4X is an online broker that offers basic trading services and a decent selection of trading instruments through the powerful MetaTrader 4 platforms. The trading conditions are competitive, while there is a variety of account types to suit different trading styles.
It is worth mentioning that some of the trading products and services in this KOT4X review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the KOT4X broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.