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Defcofx Reviews

4.6 Rating 134 Reviews

100 %

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

Got a Question?

What are the benefits of the gold account compared to the silver account?

Asked by Graysen Rollins (2 months ago)

Honestly? I think there’s not much difference between silver and gold accounts, everything depends on your tastes. Only nuance is that leverage is lower on a gold status, and min deposit is higher .

Answered by J. Blais (2 months ago)

What was your personal experience of interacting with their support?

Asked by Korasut T (3 months ago)

My tech support xp was solid! What sets it apart is that the answers are actually real and not just some robotic, generic stuff. They get straight to the point, no beating around the bush...

Answered by Dieter Becker (3 months ago)

What's your experience with live chat support?

Asked by Monty C (4 months ago)

Xp was decent… They replied in 5 min, not the fastest time I’ve seen, but when it comes to my Q about the leverage mechanism ( my fav way to test support service), they managed to answer it right away

Answered by JCotilla (4 months ago)

Is it true that the broker offers 0 pips on some trading insruments?

Asked by Thongkon (5 months ago)

Who told you this? It never happens when you deal with financial markets, especially when you’re trading CFDs, any instruments have demand and supply which means there always be spreads. However, it’s possible that brokers can offer very tight spreads from 0,3 pips like defcofx, but 0 pips??? It’s unreal.

Answered by Jeuel (5 months ago)

I was able to recover all my lost funds and bonuses back. If you need any assistance with regards to your lost funds from your broker or maybe your broker manager asking you to make more deposits before you could make a withdrawal or your account has been manipulated by your broker manager or your broker has blocked your account just because they need you to make more deposits to your account. If you’re interested in getting all your lost funds back Kindly get in contact with UNIQUE RECOVERY FIRM The will guide you on the steps I took in getting all my funds and bonuses back, do not invest again in this company they are fake, Good luck to Contact info: WhatsApp:‪+1 (279) 268‑8154‬ Email: uniquerecoveryfirm@gmail.com

Asked by medina (10 months ago)

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Asked by Barbara (10 months 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 (10 months ago)

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

Asked by Fulgenzio_tos (11 months 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 (11 months ago)

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

Asked by Owen (1 year 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 year ago)

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

Asked by Griffiths (1 year 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 (1 year 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 (11 months ago)

What do u think about the reliability of defcofx broker?

Asked by Ferran B (1 year ago)

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

Answered by Jairo (1 year 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 (1 year 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 (1 year 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 (1 year ago)

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

Asked by Awwab Qays Sarraf (1 year 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 (1 year ago)

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

Asked by Ulrich Kessler (1 year ago)

The very latest Defcofx review proves that this platform is reliable

Answered by Benjamim (1 year ago)

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

Asked by Samuel Boyer (1 year 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 (1 year ago)