Kot4x Review 2022
The Kot4x Broker is an online Forex cryptocurrency and CFD broker with advanced technologies for trading on the financial markets. The company provides a secure ECN trading environment and offers over 250 trading instruments, including cryptocurrencies. Kot4x doesn’t limit trading strategies. It charges low trading fees and allows payments in bitcoins.To get more news about eightcap, you can visit wikifx.com official website.
I am displeased with Kot4x because there are different minimum deposit amounts for crypto wallets and cards. You can deposit at least $10 through Bitcoin, but you can’t transfer less than $50 from the card. At the same time, you can deposit no more than twice a day, and also a maximum of $300 per transaction when using the card.
But the spreads are quite precise and the Eurodollar is kept in the range of 1.7 pips. The terminal works practically without freezes, quotes are real, and execution is quite fast. I do not consider Kot4x as one of the best Forex brokers but, in general, it is possible to work with it.
I opened a demo account to try my hand because I had not traded before. There are no training materials on the broker's website, but you can find them from other companies. So far, I like everything: the web platform is stable and the spreads do not widen too much. I am planning to open a real account with Kot4x soon if I don't find a company offering more favorable conditions.
This is not the best option for professional investors. The broker offers nothing to generate passive income. There are no PAMMs, social trading platforms, or any kind of investment portfolios. Sure, you can copy trades through the MQL5 community, but I can also do this with other brokers offering more options and more profitable terms. I see no reason to bother with deposits and withdrawals in bitcoins because I can easily replenish and withdraw dollars and euros without any commissions. I don’t like Kot4x.
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By | buzai232 |
Added | Apr 19 '22, 07:39PM |
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