KOT4XReviews of kot4x.com

On Fridays they close trading at 23:54, while you are still able to manage trades with other brokers.

i was in 3 trades done everything correctly my sale kicked in everything froze and one by one my trades disappeared when i went minus, its the first broker i have used coz i am new, i have been observing inconsistencies with this broker, i recommend not to use them and get a regulated broker

scammed me on 200 pip move on gj was supposed to make $100 made only $14 reporting to fbi to ftc to BBB and remove these guys entirely

This broker is a scam, I completed the evaluation process for a 200k account only for me to get an email saying they won’t be funding me because they are looking for more consistent traders. I reached out to them and they said cos I completed my second phase in 2 days and I made more than 30% of my profit target in 1 day. I thought this challenges was to be profitable and manage your risks properly. They claimed they will be refunding me but they did. Please stay away from this broker. I have been using this broker for years but after this I decided to switch to a different broker for the peace of mind. Too many hidden rules all they want is you to fail and keep your money.

I got a virus while downloading MT4 platform They came up with a dialogue box with a phone number to help me pretending to be Microsoft but it was a scammer to know account password through a pc navigation site

My first bad experience happened on 12/14/2022 I had an active order with a tight SL before FED interest rate decision in case I was wrong. When the news was released price gap against my position not activating my SL and closing my position at the margin call percentage. Also i was to state that my account at that time had gain of 195.61% from initial deposit. I can provide proof via myfxbook. I contacted KOT4X for an explanation as I have never experienced that before. They went on to explain that the reason for my SL not being activated was due to slippage. I checked other charts and server no gap on the charts. Straight price action movement which means my SL should have been activated at the specified price. My account then went into margin call and before I know my position closed with a huge lose. I have a video explaining all of it which I i haven't decided when to post it. Before that day I never had an issue with them everything was good, after that day things changed. Fast foward to today I logged in to my kot4x account to delete the old account and start fresh with a new one. When I deleted the old account I notice that in order for me to create a new one I needed to complete the KYC verification form. I submitted my DL and photo, only to receive a message "unfortunately, we couldn't verify your identity". I email support and while I was waiting for a reply from the email used their website chat feature. The individual in the chat feature told me that the verification was pending. All of a sudden I was logged off my account and an email had just arrived by kot4x. I tried loggin back in only to receive a "AUTH004" error. The email stated, "We regret to inform you that your verification will not be finalized. Kindly note that we shall not be proceeding with servicing your account, therefore it will now be suspended". No reason No explanation, they just stated that they can suspend the account at their discretion. I don't know what I have done im no criminal, nor laundering money. I follow all rules. Be careful if you have an account with them. Start with a small account build that account then withdraw your initial investment in case this broker decides to do something fraudulent. You will be trading with earn profit not your hard earn money. I couldnt recommend after this experience. STAY AWAY IF YOU CAN.

They do process funds quickly and have many options as far as currency, commodity and index but the price chart is RIGGED. They artificially move the prices at the EXACT location so you get stopped out!! Be ware

I passed their 50k challenge only for them to later deny me on not having consistent enough lot sizes, they aren’t even specific about it!! Furthermore, I complained about their position sizes being wrong, and they did nothing about it!! A 0.10 position size should be $1 , not $10!! They did nothing about it!! Go to FTMO!! This place is horrible!!