Defcofx Reviews

Name: Defcofx
Address: Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros Islet Quarter
Rating: 4.37

4.4 Rating 95 Reviews

91 %

of reviewers recommend Defcofx

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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Anonymous

Anonymous // 01/01/2019

Filter: Rated 4 None 5 Stars 4 Stars 3 Stars 2 Stars 1 Stars Helpful

“Defcofx offers the mt5 for trading and I like it because it has: -advanced features -multiple pending orders -various chart types But the speed of order execution sometimes delays and it’s not good.”

Helpful Report

Posted 1 week ago

Hello there Barclay L., Thank you for taking the time to share your feedback. We’re pleased to hear that you are satisfied with the features of the MetaTrader 5 platform we offer, including its advanced tools, multiple order types, and diverse charting options. At Defcofx, we aim to provide our clients with a powerful and intuitive trading environment. Regarding your concern about occasional delays in order execution — we take this matter seriously. Execution speed can be influenced by several factors, including market volatility and connection stability. However, our technical team continuously monitors platform performance to ensure optimal trading conditions. If you continue to experience issues, we encourage you to contact our support team with specific details so we can investigate further and assist accordingly. Kind regards, Defcofx Team

Posted 1 week ago

“I lost my money investing in a scam company my money was recover back via Paybackintld @ Gmail. Com whatsapp +447908545298”

Helpful Report

Posted 1 month ago

“The metatrader 5 works finely but sometimes I encounter insignificant slippage during trading. ^_^”

Helpful Report

Posted 1 month ago

Hello there Oliver Brunault, Thank you for sharing your experience! We’re delighted to hear that you’re enjoying trading on MetaTrader 5 and that it’s running smoothly overall. We understand that minor slippage can occasionally occur, especially during periods of high market volatility. Rest assured, we’re constantly optimizing our infrastructure to keep execution as sharp and seamless as possible. If you ever notice anything unusual or would like us to take a closer look, please don't hesitate to reach out to our support team. Your satisfaction is our top priority and we're always here to help! Happy trading! Kind regards, Defcofx Team

Posted 1 month ago

“I like that they provide only 2 accounts 1 - gold 2 - silver not a headachace, with choosing account s and all. But education, is like not that big, can be better.”

Helpful Report

Posted 1 month ago

Dear Jagger, Thank you for taking the time to share your feedback with us. We truly appreciate your kind words about our streamlined account options - Gold and Silver. We designed these accounts to simplify your trading experience and eliminate the hassle of choosing from multiple options, so we’re thrilled to hear that you find this approach convenient. Regarding your comment about education, we sincerely appreciate your honesty. At Defcofx, we are committed to continuously improving our educational resources to better serve our clients. If you have any specific suggestions or areas where you feel we can improve, please don’t hesitate to reach out to us directly. Kind regards, Defcofx Team

Posted 1 month ago

“The broker is good and I like how high leverage I can use on a silver acc. I cannot say something positive about spreads on major currencies, they are wider than usual during macroeconomic reports.”

Helpful Report

Posted 1 month ago

Hello there Ricardo Calvo, Thank you for sharing your thoughts about trading conditions. We know how it`s important for traders to have accessible and transparent terms. The spread costs depend on the market conditions and the type of the asset. Having a direct and trusted liquidity provider, we supply our traders with competitive spreads on majors, such as gold and forex EUR/USD, respectively 0.4 and 0.5 pips on average. However, in periods of high volatility and news releases, they might be widened, which is considered an ordinary situation in trading. As for the leverage, we understand that many traders have different needs; therefore, our leverage is set at a high maximum of 1:2000 to benefit them from more trading opportunities. If you have any other questions, don`t hesitate to get in touch with our support. Kind regards, Defcofx Team

Posted 1 month ago

“Was not sure because of the high leverage, but turned out to work great on silver acc.^_^”

Helpful Report

Posted 2 months ago

Hello Patrick F, Thank you for your honest feedback! We’re glad to hear that the high leverage on your Silver account has worked out well for you. We understand that high leverage can seem confusing at first, but when used responsibly, it can be a powerful tool to enhance your trading potential. We recommend you to check our Education Sector where you will find resources that will aid your in your trading journey and help to improve your skills: www.defcofx.com/market-analysis/ If you ever have questions, our team is always here to assist you. Kind regards, Defcofx Team

Posted 1 month ago

“The tech is pretty good, the MT5 is the most advanced, good they didn't pick older platform, I would feel like a grandpa trading on something like mt4 god forbid 🥵 The no comissions and no swaps is great for cross-pairs. Depo/withdrawal through btc/usdt is a must-have for brokers, easiest withdrawal + no problems with governments. Nothing tthat special, but most of the things they have are good.”

Helpful Report

Posted 2 months ago

Hello Eugen Berger, Thank you for sharing your feedback! We’re glad to hear that you appreciate the choice of MT5; it’s indeed one of the most advanced platforms, offering great tools for modern traders. No commissions and no swaps on cross-pairs are part of our commitment to providing a more cost-effective trading experience. We also understand how important smooth deposits and withdrawals are, which is why we support BTC/USDT for fast and hassle-free transactions. If you have any suggestions or specific features you'd like to see, feel free to share! Kind regards, Defcofx Team

Posted 2 months ago

“The have tight spread and no requotes on the regular, and good reputation, solid place to trading👍”

Helpful Report

Posted 2 months ago

Hello R. Buathong, Thank you for your sincere and detailed feedback regarding the services we provide! It's great to hear that you find spreads narrow and didn't face any requotes while trading the markets. At Defcofx, we are committed to delivering high-quality trading conditions that will cater to the needs of all traders regardless of their background. This is why we have a good reputation as a brokerage company, and we will continue working on improving the entire infrastructure to deliver an even better user experience! Thank you for staying with us! If you have any questions, please do not hesitate to get in touch with the client support team! Kind regards, Defcofx Team

Posted 2 months ago

“I found trading there pretty complete and affordable. They don`t charge much for their service, these raw spreads from 0.3pips, was something very reasonable and fair trading conditions. No complaints about platforms too, though the choice is limited to one platform, but it`s MT5, so I forgave them, recognising the fact how good it is, in ter;ms of trading tools and prompt trades execution!”

Helpful Report

Posted 3 months ago

Hello Duarte Soares, Thank you for your positive feedback! We’re delighted to hear that you find trading with Defcofx both complete and affordable. Keeping costs low with raw spreads from 0.3 pips is part of our commitment to providing fair and competitive trading conditions. While we currently offer only one platform, we’re glad you recognize the power of MT5—it truly delivers when it comes to advanced tools and fast execution! If you ever need assistance or have suggestions, feel free to reach out. Kind regards, Defcofx Team

Posted 3 months ago

“If you use this platform you should enjoy a) Fast deposits and no payment issues b) Helpful support for any questions.”

Helpful Report

Posted 3 months ago

Hello there Jaime Mora, We want to express our sincere gratitude for the time you took to share your thoughts about our company. Your feedback is invaluable to us and we truly appreciate it! We are delighted that you find our payment methods convenient. Our company is dedicated to providing fast deposit transactions, ensuring everyone can make transfers hassle-free. Your praise for our technical support is particularly meaningful, as we handle thousands of requests daily and strive to provide prompt feedback to everyone. Should you have any issues or questions, please feel free to reach out to the technical support team whenever you want! We are always ready to help you with any issues you may have! Kind regards, Defcofx Team

Posted 3 months ago

“I’m not blown away by its offerings, but definitely, this is a reliable trading platform! 👏”

Helpful Report

Posted 3 months ago

Hello there Dario Rossetti, Thank you very much for sharing your feedback of our company. Your insights are invaluable and mean a lot to us! It’s a pleasure to hear that you find our trading platform reliable. We've been working tirelessly to provide you with the most comfortable trading experience, and your feedback is a testament to our commitment to your satisfaction. It's a clear sign that we're moving in the right direction! If you have any further feedback, questions, or concerns, please feel free to reach out to the support team at any time you wish. We are always open to hearing from you and are committed to continuous improvement! Kind regards, Defcofx Team

Posted 3 months ago

“zero comissions and no swaps are a plus, the analytics on offer leave a lot to be desired though.”

Helpful Report

Posted 3 months ago

Hi there, Valle R! Thank you for your sincere and honest feedback regarding the services we provide! It's important for us to receive such feedback as it lets us know that there is something we need to continue working on. Undoubtedly, zero commissions and the absence of swaps are attractive for some traders who are sensitive to costs, such as positional traders or scalpers. This is the reason why we are doing our best to provide a trading environment that is as cost-effective as possible. Should you have any questions, do not hesitate to get in touch with the client support team! Kind regards, Defcofx Team

Posted 3 months ago

“The withdrawal experience has been good with different payment methods that are reliable. Some of the qualities are; 1) Speed 2) Ease 3) Convenience”

Helpful Report

Posted 3 months ago

Hi there Noah Bacque, Thank you for your positive feedback! We’re glad to hear that your withdrawal experience has been smooth and that you find our payment methods reliable. Speed, ease, and convenience are exactly what we aim to deliver, and it’s great to know we’re meeting your expectations. Your feedback means a lot, and we’re here whenever you need us! Kind regards, Defcofx Team

Posted 3 months ago

“For my start in the forex market, this broker provides good and accessible trading conditions. Especially, it concerns spread and trading platform. Still need to check withdrawal of profits🤔”

Helpful Report

Posted 3 months ago

Hi there L Pinho, Thank you for sharing your feedback! We’re glad to hear that you find our trading conditions, especially the spreads and platform, accessible for your start in the forex market. We hope you’ll have a smooth experience with withdrawals as well, and if you have any questions or need assistance, our support team is here to help! Kind regards, Defcofx Team

Posted 3 months ago

“I like that spreads start from 0,3 pips on the forex market. I can trade even during high vol;atility but the quantity of exotic pairs is not as huge as I thought. Anyway, I’m enjoying trading here!”

Helpful Report

Posted 4 months ago

Hello Ange Saligny, Thank you for sharing your opinion about our trading conditions! It is important to us that our clients have really comfortable conditions for trading on the financial markets. Therefore, our company has decided to make spreads as narrow as possible. As for the set of financial instruments, we sincerely hope that the list provided to you on the trading platform is sufficient for implementing your trading ideas. Kind regards, Defcofx Team

Posted 4 months ago

“Has a lot of educational materials and relevant market research insights!!!”

Helpful Report

Posted 4 months ago

Hi there, Sandro Loureiro! Thank you a lot for your positive review of our learning materials! It makes us feel proud and grateful that traders could use our market insights and educational resources in their favour. We aim to provide suitable and convenient trading conditions to support our traders in the challenging trading journey. We understand that success in the markets is a process that requires proper knowledge of technical, fundamental, and risk management topics. That`s why we offer a variety of market research articles, such as daily technical insights and indicators overviews. If you have any questions, you`re always welcome to contact our customer support team! Kind regards, Defcofx Team

Posted 4 months ago

“Defcofx is a safe environment to trade. I don't know about the support though maybe I expected them to be very quick to respond to my enquiries. But I'm still surviving”

Helpful Report

Posted 4 months ago

Hello Fabian Reid, Thank you for sharing your feedback. We're glad to hear you find our platform safe for trading. We sincerely apologize if our support response time did not meet your expectations. Your input is invaluable, and we are actively working to enhance our support services. Please don’t hesitate to reach out if you have any further concerns. Kind regards, Defcofx Team

Posted 4 months ago

“Trading on silver account was a unique chance to unlock the potential of high leverage😁😉”

Helpful Report

Posted 4 months ago

Hello there Christen Bräuchi, We deeply appreciate the time you took to share your sincere feedback with us. Your insights are invaluable and help us improve our services for you and all our customers. Thank you! We are delighted to hear that you find trading on a silver account unique. Your feedback is highly valued, and it reinforces our commitment to providing a top-notch trading experience. Our central concern is always to ensure your comfort and success, and we are dedicated to making your journey with us a successful one! If you have any enquiries or have suggestions, please feel free to reach out to the support team at any time you would like to! We are always available here to assist with any issues in any way we can! Kind regards, Defcofx Team

Posted 4 months ago

“Trading with EURGBP at a very flexible leverage. Defcofx is fire! 🔥”

Helpful Report

Posted 5 months ago

Hello, Andres G! We are happy to hear your opinion about our experience with us. Thank you very much for your high mark of our trading conditions We try to provide trading conditions that satisfy the needs of any trader. That`s why we offer higher leverage to cut limitations, which our traders can face while opening high-probability orders. However, we warn traders to use this leverage more wisely and estimate the associated risks. Kind regards, Defcofx Team

Posted 5 months ago

“The fast and free withdrawals by bitcoin I like defcofx follows the trend…”

Helpful Report

Posted 5 months ago

Hi there, Francisco! Thank you for sharing your feedback about the withdrawal experience. We are happy to hear that you find this procedure fast and cost-effective. At Defcofx, we aim to ensure convenient trading conditions for our traders as we understand that many of them value this. It guarantees that traders can work on the financial market without second thoughts and with peace of mind. If you have any questions, please contact the client support team! Kind regards, Defcofx Team

Posted 5 months ago

Defcofx is rated 4.4 based on 95 reviews