Forex traders always look for trading with brokers that suit their trading needs and preferences. Fusion Markets and Kot4x are online forex brokers that offer their trading services to traders and investors. Fusion Markets is a highly regulated and trusted forex broker. It is regulated in one tier-1 jurisdictions, four tier-2 jurisdictions. On the other hand, Kot4x is an offshore forex broker which is not regulated by any regulatory bodies.
In this article, we will review and compare the brokerage services offered by Fusion Markets and Kot4x. We will explore options such as regulations, reputations, fees, features, leverage, and more. Additionally, we will analyze and rate the brokers based on macro and micro categories and options. By reviewing these aspects, you will get a clear idea of which broker suits you best for your trading journey.
Fusion Markets vs KOT4X: In a Nutshell
Fusion Markets
Fusion Markets is an Australian forex and CFD broker founded in 2017. It was established with the vision of providing low-cost services, modern technology, and friendly support. Fees are waived on Visa, MasterCard, and PayPal deposits, and US shares trading incurs a 0 broker fee. The broker is regulated by ASIC, VFSC, and FSA in Seychelles. Fusion Markets allows the trading of forex and CFDs on its cTrader, MT4, and MT5 platforms. Social traders can use DupliTrade, AutoTrade, or Fusion+ platforms. Additional services include free VPS, Market Buzz, analyst views, and more
Risk warning: 74-89% of retail traders lose money
- Founded In: 2017
- Minimum Deposit: $0
- Maximum Leverage: 500:1
- Regulations: ASIC, CySEC, SCB, and FSA
- Trading platform: MT4, MT5, Ctrader
- Account Types: Zero, Classic, Demo, Swap Free
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, Cryptocurrency, Ether/Ethereum, Interac, Jeton, Local Bank Transfers, Neteller, OnlineNaira, Other Crypto Currencies, PayPal, PerfectMoney, SEPA (Single Euro Payments Area), Skrill, ThunderXPay
- US Traders: Not Accept
KOT4X
Established in 2019, KOT4X is a forex and CFD broker that offers online trading services globally. It is an unregulated offshore broker that provides access to over 250 trading instruments, including forex, stocks, cryptocurrencies, and indices. The broker offers leverage of up to 1:500.
KOT4X is known for its fast execution, tight spreads, and low commissions, which may appeal to scalpers and high-frequency traders. The broker supports multiple cryptocurrency deposits with no extra fees. Traders can open multiple positions, hedge trades, and use strategies such as news trading and expert advisors. However, KOT4X does not offer the MetaTrader platform (MT4/MT5). Instead, it uses TradeLocker as its trading platform.To learn more, you can read our review on KOT4X, where we cover its features, pros, cons, ratings, and more.
KOT4X Overview
- Founded In: 2019
- Trading Instruments: Around 200 trading instruments, including 55 currencies, 104 stocks, 31 cryptocurrencies, and 8 indices
- Minimum Deposit: $10 for BTC deposit, $25 to $50 for Debit/Credit card via Instacoins.
- Maximum Leverage: 1:500
- Regulations: None
- Min Lot size: 0.01
- Max Lot Size: 500 lot per ticket
- Trading platform: TradeLocker
- Trading Styles: Allows all trading Styles including scalping, News Trading, CFD trading, EA trading,
- Account Types: Standard Pairs, Pro Pairs, Var Pairs, Mini Pairs
- Payment Options: Bitcoin, Instacoins.
- US Traders: Accepted
Fusion Markets vs KOT4X: Side By Side Comparison
Fusion Markets vs: Kot4x Features
Fusion Markets
- Trading Instruments: 250+Trading instruments Forex Metals Indices Energy & Soft Commodities Cryptocurrency US Share CFDs
- Maximum leverage: The maximum leverage of fusion markets is as high as 500:1. Leverage may vary based on jurisdiction and tradable assets.
- Minimum Deposit: No Minimum Deposit required. You may deposit as low as possible.
- Account Types: Two ( Zero Account, Classic Account)
- Trading Fees: Spread starting from 0.9 pips for Classic Account or Commission $2.25 per lot per side for Zero Account.
- PAMM/ MAM: Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
KOT4
- Trading Instruments: Forex, Metals, Oil, Indices, Commodities, Shares
- Trading Platforms: Mt4, Web Trading, Mobile
- Minimum Deposit: $5
- Maximum Leverage: 1:1000
- Trading Fees: Spreads starting from 1 pips. LMFX charges a fixed commission for every lot traded. A lot is equal to 100,000 units of currency. If you have a zero account, the commission is $4 per lot which means $8 for a round lot.
- Minimum Trade Size: 0.01 lot.
- Maximum Trade Size (Lot restriction per Ticket): 50 Lots
- Funding Currencies: USD/EUR
- Trading Style Allowed: Almost all trading styles including Scalping, hedging, copy trading, and EA Trading.
- Stop Out Level (retail): 20%
- Margin Call Level: 50%
- Negative balance Protection: Yes
- Investor Protection: No
- Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes.
- KYC Verification: Required
Fusion Markets vs KOT4X: Pros and Cons
Fusion Markets Pros & Cons
- Regulated by ASIC, VFSC, FSA
- The maximum leverage is as high as 1:500
- The minimum deposit is as low as $1
- Allows scalping, News trading, EA/Robot trading
- Offers passive investment programme ( MAM, Copy Trading)
- No Deposit withdrawal fees, and inactivity fees
- Fast and Easy Account Opening
- Negative balance protection for users under ASIC regulations
- Paypal and crypto deposits are available
- Not regulated by FCA, CySEC
- No investor protection for non-EU clients
- Limited availability of localized customer support
- Only CFDs are offered. No possibility of trading real stocks, or assets
- Limited product selections
KOT4X Pros & Cons
- Regulated by multiple top tire regulators like NFA, FCA, ASIC, FSA, AMF, FMA, MAS, DFSA
- Allows scalping, EA/ Robot Trading, News Trading
- Offers web trading, mobile trading and ECN Trading
- IG's acquisition of tastytrade for $1 billion brought options trading and listed-derivatives (such as futures) trading to clients in the United States
- 16,000 trading instruments, investments in IPOs and exchange-traded funds;
- Quality choice of trading platforms, including MT4, WebTrader, MobileTrader (MobileApp), ProRealTime
- Relatively good spreads, from 0.6-1 pips depending on the type of instrument;
- Offers passive investment programme ( MAM, PAMM accounts)
- Relatively high Minimum deposit ( Min Deposit $250)
- Conservative leverage in some areas ( The max leverage is 1:200)
- IG charges $/£12/€14 per month after 24 months of inactivity
- Limited product range on MT4
- High Stock CFD fees
Fusion Markets Vs KOT4X: Our Scores and Ratings
We rated both brokers, Fusion Markets and KOT4X, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.
Fusion Markets:
KOT4X
Final Verdict :
Both Fusion Markets and Kot4x offer similar trading services worldwide. However, there are differences in their regulations, reputation, and operation. Fusion Markets is a highly regulated and trusted forex broker. It is regulated by top-tier regulatory authorities, including ASIC, VFSC, and FSA -S. On the other hand, Kot4x is an unregulated offshore forex broker. Fusion Markets provides Multiple trading platforms including web platforms, thinkorswim desktop, thinkorswim®web, Mobile Trading. On the Contrary, Kot4x does not offer MT4/MT5. It uses only TradeLocker as its trading platform.
As Fusion Markets is not licensed in the USA, it cannot accept US clients. Being an unregulated offshore forex broker, Kot4x can onboard clients from anywhere in the world, including the USA. Therefore, non-US traders may opt for Fusion Markets , while US traders looking for offshore forex brokers may consider Kot4x. Trading with offshore forex brokers is risky and not recommended.
