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Defcofx Reviews

4.4 Rating 95 Reviews

91 %

of reviewers recommend Defcofx

Company Reviews

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About Defcofx:

Defcofx is a CFD trading broker dedicated to delivering an unmatched trading experience to clients worldwide. Grounded on the principles of credibility, transparency, and state-of-the-art technology. Our philosophy is a commitment to privacy and the flexibility to invest globally. Join us in a world where trading is limitless, where every client can succeed in an unrestricted trading environment.

Visit Website

Phone:

2514943942

Email:

support@Defcofx.com

Location:

Ground Floor, The Sotheby Building, Rodney Village,
Rodney Bay
Gros Islet Quarter
468-6720

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Asked by Barbara (9 hours ago)

I would like to know if Defcofx offer any educational resources or demo accounts for traders who want to test strategies before trading live?

Asked by Ross Wind (2 days ago)

What do you think about the trading conditions on the defcofx trading platform?

Asked by Fulgenzio_tos (2 weeks ago)

Oh you can’t even fathom how crazy the trading conditions defcofx broker provides to customers. As a scalper trader, I think they have one of the best conditions for trading among other brokers. The order execution is so lightning-fast here that I don’t even manage to blink an eye. I'm not joking, I usually open positions with 1,5 or 2 lots and I’ve not encountered slippage during trading eur/usd and gbp/usd. Nevertheless, I don’t recommend opening such big lots during the news publication because the probability of encountering slippage becomes higher. Spreads, leverage, swaps are fine, I could explain further and further. It’s better to do your own research about it or just try their platform on a demo account. Good luck, man!

Answered by Seman (2 weeks ago)

what kinds of assets are avalable with this broker? Thanks.

Asked by Owen (2 months ago)

They have a page dedicated to the range of tradable instruments on their website, here is the link https://www.defcofx.com/products/ If you are too lazy to read, here is a brief comment… they have pretty much all the important asset categories: forex, indices, stock (but only US stocks), metals, and, of course, cryptocurrencies…

Answered by Claude Mouet (1 month ago)

Is this a legit platform and can long term investment be made?

Asked by Griffiths (3 months ago)

As far as i know there are no troubles with the legitimacy of this platform. The same is true about long term investments but it's more like a positional trading. I am not sure about real investments.

Answered by Adam V (3 months ago)

Yep, this is a legit platform for trading and you can find all the necessary information on their website. Don’t be lazy to conduct thorough research before joining because you’re going to trade with your real funds, so you gotta be responsible. Regarding long term investments, this type of investment is not possible on this platform but you can use swing-positional strategies since Defcofx doesn’t charge high swap commissions for overnight positions. In other words, you can hold positions for weeks and even months.

Answered by EliasYe (1 month ago)

What do u think about the reliability of defcofx broker?

Asked by Ferran B (4 months ago)

I think it's legit, didn't see any signs of it being a scam or something else.

Answered by Jairo (4 months ago)

I can judge it from two factors: regulations and my own withdrawal experience. For the second one, no issues, so yes it`s reliable. For the first one, I know they have some licenses, IDK what kind of

Answered by Jabulani Maritz (4 months ago)

What do you think on their leverage? Is 1:2000 a big size and a bit dangerous one or not?

Asked by Bruce Walker (5 months ago)

From my point of view, the leverage 1:2000 is hazardous and I would recommend to beginners and intermediate traders to use it permanently or even better never use it for your safety. You never know what can happen on financial markets, the falldown of 2% may lead to -2000% of your deposit. Anyway, if you want to use this leverage, you should have a large trading experience to be flexible in critical situations.

Answered by Abelardo-L (5 months ago)

what asset is most profitable to trade here, crypto or forex?

Asked by Awwab Qays Sarraf (6 months ago)

Forex tends to offer more consistent returns due to liquidity and lower volatility, while crypto offers higher risk but potentially greater rewards.

Answered by Kyler (6 months ago)

According to the latest defcofx reviews what conclusion you have reached about the company?

Asked by Ulrich Kessler (7 months ago)

The very latest Defcofx review proves that this platform is reliable

Answered by Benjamim (7 months ago)

What trading account did you choose for trading intraday strategies in the defcofx company?

Asked by Samuel Boyer (8 months ago)

For an intraday trading style, you probably need tighter spreads. So, choosing the Gold account would be a better option. The good thing is that it comes without trading fees, the same as the Silver account type, but has tighter spreads. A minor drawback is that the available leverage is “only” up to 500x, but hey… this is quite a good leverage 😀

Answered by Rafid (7 months ago)