How To Withdraw Money From Kot4x

Who is Kot4x banker? How does it operate? From where? Is Kot4x regulated? Is Kot4x a good banker?

When you lot want to start trading, many questions are opening. You lot need to know that you are in a good identify, with a adept and trustworthy broker.

Nosotros decided to reply all these questions for you. Read our detailed Kot4x review and find out everything about this banker.

Regulated by:	None
Headquarters Country:	Saint Vincent and the Grenadines
Foundation twelvemonth:	2018
Supported Platforms:	MT4, WebTrader
Minimum Deposit:	$fifty
Types of Assets:	Forex, Bolt, Indicies, Stocks
Maximum Leverage:	1:500

Kot4x Regulation and Security

Kot4x is an offshore broker located in Saint Vincent and the Grenadines. Kot4x regulation does not exist whatsoever. An owner is a person under the name Cue Banks on Instagram, and this is the way he is approaching clients.

This banker is operating in cooperation with IM University, a trading university that is providing forex education. This practically means that they are taking people with no feel and providing them trading services. No wonder that most of them don't bank check the regulation of this banker.

If you are new in the world of trading and your Academy recommends you a broker, logically y'all will believe that they volition connect you to a legit operation. Seems however that IM Academy is running a scam and profiting from Kot4x clients. There is yet to see what is the goal of this educational institution.

Speaking of Kot4x banker, we found it very not transparent. Your funds are non secured with them at whatever moment, since they crave clients to make deposits in Bitcoin. Everyone knows that BTC transactions can't exist traced subsequently.

A credible educational website for trading, Baby Pips, listed Kot4x equally a banker that is offshore, and in that way avoiding lawsuits from CFTC.

We tin can conclude that this broker is unsafe. Some other pop scam broker is Pocket Option.

Kot4x Trading Platform

Kot4x broker is offering its clients trading on the MT4 trading platform.

When we tried to exam it out, the Demo account choice didn't piece of work. We can only tell what their website claims. The platform is available on multiple devices – web (both Windows and Mac) and mobile (both iOS and Android).

The broker offers iii different business relationship types with the same leverage, up to 1:500. The minimum trading size is besides the aforementioned – 0.01 lot. The spread varies based on the account type and information technology goes from i to 0.iv.

In which countries does this broker work?

The website of Kot4x banker does not offer this data. If we judge by the website itself, this broker is operating all around the globe. Nonetheless, since information technology does non take any blazon of regulation, the services that the broker provides are not covered by whatever insurance and can exist described as illegal.

We did a small review of its clients and institute out that Kot4x is working with clients from the Us, Canada, and Europe, all this without a regulation.

We strongly advise you lot not to start any business concern with this broker, since you do non have coverage in case of a scam.

What can yous trade with this broker?

Kot4x broker offers its clients investing in currencies, shares, indicies, and commodities. There are over 200 trading assets available with this broker. As mentioned previously, depending on the account type clients have fluctuating spread on all the assets.

Committee rates are from i$ to 7$ per lot.

Nonetheless, we do not recommend trading with this broker since information technology has no regulation.

What is Kot4x Deposit Time?

When it comes to deposits, Kot4x is one of the worst brokers we've seen. The only method available is eolith by BTC. On their website, you accept detailed instructions on how to buy Bitcoin on Coinbase website and so do the transfer to Kot4x. The time of the deposit depends on the fact do you have a wallet already or not. If you have a verified wallet, time is shorter because yous are non waiting for approval. If this is your start time ownership BTC, it will take a couple of days till your eolith is processed.

This ways that yous can employ your credit card for the buy of BTC on the Coinbase website. Be aware that crypto transactions are not reversible past your bank.

Kot4x minimum deposit is 50$.

This is a major ruby-red flag and a valid reason to conclude that Kot4x is a scam broker.

What is Kot4x Withdrawal Time?

Kot4x broker does not requite any data regarding withdrawals on its website. In terms & conditions, there are no fees listed, which is a clear sign of a scam.

Because once you withdraw your funds and see, for example, 50% fees, you cannot prove that you didn't know almost it. This is another way of scamming brokers to have coin from their clients.

The only matter nosotros did manage to find out is that the company requests that all deposits made with Bitcoin must exist withdrawn as Bitcoin (which is all of the deposits since they require only BTC deposits).

Scammed by Kot4x Broker? What to do?

If you were scammed by Kot4x broker, the just thing you can exercise is get help to withdraw your funds. If you experienced whatever inconveniences with this broker, practise not hesitate to contact us today!

What is Kot4x?

Kot4x is an offshore trading platform without regulation.

Is Kot4x regulated?

No, this broker has no regulation for its business concern.

Who is the owner of Kot4x?

It is a person behind the Instagram profile Cue banks.

Is Kot4x a expert broker?

No, this banker is not regulated and is considered a scam.

Where is Kot4x located?

The broker is located in Saint Vincent and the Grenadines.

What is the Kot4x minimum deposit?

The minimum deposit is $50.

Source: https://globalfraudprotection.com/scam-recovery/kot4x-broker-review/

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