Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
KOT4X Exposed 2025: Crypto-Based Offshore Broker with Fake Transparency & Withdrawal Scams
KOT4X markets itself as “The Kings of Transparency,” but our investigation at ScamBrokersReview.com reveals the exact opposite — a shadowy offshore broker using crypto payments, fake regulation claims, and a long trail of withdrawal complaints.
🏛️ 1. Company Background
KOT4X Ltd is registered in St. Vincent and the Grenadines, a region notorious for hosting unregulated forex brokers.
This registration provides no investor protection, no capital requirements, and no dispute resolution system.
Despite that, KOT4X claims to offer “ECN trading” and “deep liquidity access,” yet it provides no evidence of liquidity providers, banking partners, or audit reports.
⚠️ 2. Red Flags & Illegal Practices
- Unlicensed in all major jurisdictions.
- Targets clients in Indonesia, Malaysia, and Latin America without authorization.
- Accepts only crypto payments, making fund recovery impossible.
Independent review sources report:
- WikiFX Rating: 1.4 / 10 – “High-risk unregulated broker.”
- Trustpilot: Multiple reports of “frozen withdrawals” and “deleted accounts.”
- Traders Union: Warns that KOT4X operates “without transparency or regulatory protection.”
💸 3. Real User Complaints
Common issues shared by traders:
- Withdrawals denied after profitable trades.
- Support stops replying after refund requests.
- Fake compliance requests for “tax or verification fees.”
- Platform manipulation — sudden slippage and missing trades.
Several victims report being asked to pay 20% “tax” before their withdrawals could be processed — then their accounts were deleted.
🌍 4. Offshore Crypto Setup = No Protection
Since KOT4X processes all deposits via Bitcoin and USDT, no financial authority can trace or reverse payments.
This design gives the broker full control and immunity against user disputes.
No oversight. No audit. No accountability.
📊 5. Comparison: KOT4X vs Regulated Brokers
| Feature | Regulated Brokers | KOT4X |
|---|---|---|
| Licensing | FCA, ASIC, CySEC | None |
| Payment Methods | Bank / Card | Crypto only |
| Fund Safety | Segregated | Untraceable |
| Withdrawals | Reliable | Frequently blocked |
| Oversight | Strict | None |
🧠 6. What to Do If You’ve Deposited
- Stop sending crypto funds immediately.
- Save every transaction hash and email record.
- Report the wallet address to your exchange’s fraud department.
- Post your experience on Trustpilot and Forex Peace Army.
- Read our full guide: How to Recover Funds from Scam Brokers.
✅ 7. Final Verdict
KOT4X is an unregulated crypto-based broker hiding behind offshore secrecy.
Its pattern of frozen withdrawals, fake verification fees, and anonymous setup make it a high-risk platform unfit for real trading.
Verdict: KOT4X is a crypto scam broker with no legitimate regulation. Avoid completely.
