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Defcofx

Tradomatix TrustScore™:

4.00

(87 Reviews)

5-star

51.72%

4-star

42.53%

3-star

0.00%

2-star

1.15%

1-star

4.60%
Replied to 84.75% of reviews
Typically replies within 19.50 hours

About Defcofx

Defcofx is a CFD trading broker regulated by the Financial Supervisory Commission (FSC) in the Cook Islands. It offers trading on MetaTrader 5 with both web and mobile access, alongside STP and ECN execution. Maximum leverage reaches 1:2000. Accounts can be opened in USD, GBP, or EUR, with a minimum deposit of $50. Trading is offered with zero commission, and order sizes range from 0.01 to 2.00 lots. Defcofx provides a demo environment for practice and a swap-free option. The product set includes three currency pairs. Funding methods include Bitcoin, USDT, and multiple local payment options. Client support is available via live chat on the website, email, and social media channels.

Regulation & Security

Defcofx is regulated by the Financial Supervisory Commission (FSC) in the Cook Islands.

Account and Setup

Trading is available on MetaTrader 5 with web and mobile platforms. Accounts can be denominated in USD, GBP, or EUR. The minimum deposit is $50, and trading is offered with zero commission. Demo accounts are available, and a swap-free option is provided. Execution is offered via STP and ECN. The minimum trade size is 0.01 lot and the maximum is 2.00 lots.

Funding Options

Deposits and withdrawals are supported via Bitcoin, USDT, and multiple local methods.

Bot & API Compatibility

MetaTrader 5 supports Expert Advisors (EAs), and Defcofx provides access to MT5. API-based trading is not available. Hedging and scalping are permitted, and OCO orders are not supported. EAs can be operated within the MT5 environment.

Trading Conditions& Restrictions

Maximum leverage is 1:2000. Trading is zero-commission, with a minimum lot size of 0.01 and a maximum of 2.00 lots. Hedging and scalping are allowed, and a swap-free option is available. The offering includes three currency pairs. OCO orders are not supported.

Defcofx Reviews

( 87 )

Defcofx Reviews

( 87 )

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