ANSWER KOT4X is an unlicensed broker and should be avoided at all events. KOT4X claims to be owned by KOT4X Ltd, a company registered in Saint Vincent and the Grenadines, but we didn't find any result in the registers of Saint Vincent and the Grenadines' Financial Services Authority (SVG FSA). Besides, the SVG FSA has announced that it does not issue any licenses for forex trading or brokers nor does it regulate or license international companies engaging in such activities. Therefore, we highly recommend exercising caution when dealing with brokers claiming to be registered with or regulated by SVG FSA as they are actually unregulated. The truth is, KOT4X is not regulated by any financial regulator. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it is thoroughly a scam. We would recommend traders stay away from unregulated brokers like KOT4X and trade with licensed brokers.
查看更多
