Overall, Kot4X can be summarised as a credible and trustworthy broker and is considered average-risk with competitive trading fees and spreads. Kot4X offers traders a transparent experience without any hidden fees.To get more news about kot4x review, you can visit wikifx.com official website.

According to research in South Africa the Kings of Transparency (KOT4x Broker) is a forex broker company established in 2019 in Kingstown, Saint Vincent and Grenadines.  KOT4x Broker is not regulated but can be used by all levels of traders and offers a wide range of markets for the majority of its account types. KOT4x forex traders have access to 250 trading instruments including forex, Stock, Indices, Commodities and Cryptocurrencies available as CFDs. KOT4x has minimal minimum deposits and charges reasonable commissions.

Customers face inherent dangers when they use an unregulated brokerage website. Because you will not be saving money on spreads or charges, the only true advantage of using KOT4x is its high leverage and the opportunity to fund your account with Bitcoin.Establishing which governing bodies are observing and controlling a brokerage’s operations, as well as whether the firm complies with those regulations, is one of the most dependable benchmarks for measuring its safety.

Customer money are maintained in separate independent accounts, allowing for easy identification of different customer cash. Furthermore, client funds are retained off-book and will not be used to pay creditors in the unlikely event that KOT4x is forced to liquidate. Furthermore, two-factor authentication may be enabled, adding an extra degree of security to the customer’s accounts.

Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.

A forex account at KOT4x Broker is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies. Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith.

KOT4x Broker offers 4 account types: these are PRO Pairs, VAR Pairs, Standard Pairs, and Mini Pairs. These account types mostly differ in commission structure and spreads, with each ideal for a different type of trader.Spreads are in line with the Pro Pairs trading account, commission is $1.00 and typical spreads start from 1.0 pips (1 pip = $10.00), meaning you will pay $11 to open your position. A limitation of this account is that you can only choose 29 forex pairs.

This account offers the classic ECN style trading and is recommended for most traders. It has the lowest spreads, typically starting from 0.4 pips. The Pro Pairs account commissions are not included with the spread and are charged at $7.00 per standard lot.

Indices:

Equity, or stock indices, are actual stock market indexes which measure the value of a specific section of a stock market.

Precious metals:

The trading of gold and other precious metals, along with crude oil, copper or petroleum, are hard commodities that play a major role in the commodities market.

Energy:

The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions and global economic growth.

KOT4x Broker offers currency pairs, indices, commodities, metals, stocks, and cryptocurrencies for trade.