Kot4x vs Ospreyfx Compared (2024)

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Kot4x vs Ospreyfx: In a Nutshell

KOT4X

KOT4X started operations in 2019. The broker allows clients from anywhere to choose an account type, and gain access to trade 250 forex/CFDs on its MT4 platforms. Generally, its spreads and commissions are competitive. Multiple crypto deposits are accepted while the broker charges no extra fees.

KOT4X Overview

KOT4X Overview
  • Founded In: 2019
  • Minimum Deposit: $10
  • Maximum Leverage: 1:500
  • Regulations: None 
  • Trading platform: TradeLocker
  • Account Types: 
  • Payment Options: Bitcoin, Instacoins.
  • US Traders: Accepted 

           

Ospreyfx

OspreyFX Overview

OspreyFX Overview
  • Founded In: 2019
  • Minimum Deposit: between $25 and $500 (Depending on Account Type) 
  • Maximum Leverage: 1:500
  • Regulations: None 
  • Trading platform: TradeLocker
  • Deposit and Withdrawal Fees: $0 
  • Payment Options: Bitcoin, Crypto, Credit/Debit Cards, and PayRedeem
  • US Traders: Accepted 

Kot4x vs OspreyFX: Side By Side Comparison

Kot4x
Ospreyfx
Product
Founded In
Founded In
2019
2019
Founded By
Founded By
Not Found
Not Found
Headquarters
Headquarters
St. Vincent and the Grenadines
St Vincent and the Grenadines.
Regulations
Regulations
None
None
Min Deposit
Min Deposit
$10
$25
Max Leverage
Max Leverage
1:500
1:500
Tradable Assets
Tradable Assets
Currencies, stocks, indices, and Cryptos
Bitcoin, Crypto, Credit/Debit Cards, and PayRedeem
Fees
Fees
Spread from 1 pips
Spread from 0.1 pips
Platforms and Tools
Platforms and Tools
TradeLocker
MT4,MT5
US Traders
US Traders
Allowed
Allowed

Kot4x vs Ospreyfx: Pros and Cons

KOT4X Pros & Cons

Pros
  • 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)
Cons
  • 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 

Ospreyfx Pros & Cons

Pros
  • The Maximum Leverage is as high as 1:500  
  • ECN STP broker model
  • Faster Trade Execution with Tradelocker 
  •  Offers Multiple Account Types including, Demo accounts and Live Accounts 
  • Rebates and Rewards are Available for Live Trading Accounts 
  • Accounts can be funded with multiple crypto coins such as BTC, ETH, LTC, USDT, DOGE, etc.
  • Professional traders who can prove their competence may receive funded accounts up to $200,000 and earn up to 80% of their profits.
Cons
  •  Unregulated Offshore Forex Broker 
  •  No Metatrader (MT4, MT5) Trading Platfroms. 
  • Offers Only Tradelocker Trading Platform 
  •  Limited Deposit and Withdrawal Methods (Cryptos, PayRedeem) 
  •  No managed accounts or Social Trading (MAM, PAMM) Offered 
  •  Live chat is a bit complex. To contact the chat operator, you need to first answer a series of questions from the virtual bot each time.

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

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