In late September 2025, KOT4X (also known as “Kings of Transparency”) announced that it will shut down its trading services. According to notices sent to clients and shared on forums, the broker will:
- Stop allowing new positions as of 21 September 2025.
- Forcibly close all open positions and disable deposits on 1 October 2025.
- Urge clients to withdraw their funds as soon as possible.
This abrupt closure has understandably worried traders. Whether you’ve been using KOT4X for forex, crypto, or indices, it’s critical to act quickly to secure your money. Below you’ll find a clear, step‑by‑step guide to withdrawing funds from KOT4X before it’s too late.
Step‑by‑Step: How to Withdraw Funds From KOT4X
1. Log in to Your KOT4X Account
Go to the official KOT4X website and sign in with your username and password. If you normally access through TradeLocker, log in there first, then head to the account dashboard.
2. Go to the “Withdraw Funds” Section
In your account dashboard, locate the Withdraw Funds or Withdrawal Request option in the side menu. Click it to open the withdrawal page.
3. Choose Your Withdrawal Method
KOT4X primarily supports cryptocurrency withdrawals (Bitcoin and other coins). Depending on your account, you may see additional options, but for most traders crypto will be the only available method.
⚠️ Tip: Always withdraw using the same type of method you deposited with, if possible.
4. Enter Your Amount and Destination Address
- Input the amount you want to withdraw.
- Provide your crypto wallet address. Double‑check it — crypto transfers are irreversible.
5. Complete Any Verification Requests
If KOT4X prompts you for additional documents (such as ID, proof of address, or a selfie), submit them right away. Without verification, your withdrawal may be delayed or blocked.
6. Review and Confirm the Request
Before hitting “Submit” or “Confirm,” review the amount and the wallet address one more time. When ready, click to confirm.
7. Wait for Processing
KOT4X states it processes withdrawals within 24 hours. After processing, crypto transfers usually take 1–3 hours depending on blockchain network speed. Other methods (if offered) may take several business days.
8. Monitor Your Wallet or Bank
Check your crypto wallet or bank account for the incoming funds. Save the transaction ID or confirmation email for your records.
9. If Delayed, Contact Support Immediately
If your withdrawal hasn’t arrived within the expected timeframe, open a support ticket and keep screenshots of all your correspondence. Documenting everything increases your chances of resolution if there are issues.
Extra Tips to Protect Yourself
- Close your open trades manually if you still can, so you’re not caught by forced closure at a bad price.
- Don’t deposit anything further — deposits are likely to be disabled soon.
- Take screenshots of your account balance and withdrawal requests as proof.
Looking for a Safer Alternative Broker?
Some traders are already transitioning to brokers like:
HeroFX – solid funding options, fast withdrawals.
GatesFX – strong customer support and reliability.
LiquidBrokers – growing reputation in the trading community.