Defcofx
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"Tight spreads that match the demo"
What do you like best about Defcofx?
The spreads on live match what I saw on demo which is rare. fx majors are around 0.4-0.5 pips consistently
What would you improve about Defcofx?
The platform interface newerr features feel underdeveloped
Overall
7 months of daily trading on forex majors. Reliable execution and spreads
"Silver account"
What do you like best about Defcofx?
Transparent regarding the trending conditions
What would you improve about Defcofx?
Add more account types, raw spreads for example
Overall
For daytrading, the silver acc is better i think. Spreads are okay, and you get huge leverage on your disposal
"everything fits the promises"
What do you like best about Defcofx?
i like costs, and how gold and silver accounts are different, mainly the lot restrictions
What would you improve about Defcofx?
maybe make the gold prices even lower so it makes more sense to go with it
Overall
I like prettym uch everything here. been for several months, good conditions
"Efficient performance"
What do you like best about Defcofx?
If talking about smth the best, i’d say spreads. Lower on average for every market.
What would you improve about Defcofx?
Just more payment methods, not just crypto.
Overall
This broker does its job efficiently. I come, trade and if it’s a good day withdraw. No problems at all.
"Practical choice"
What do you like best about Defcofx?
Definitely trading conditions. Defcofx offers one of the tightest fees compared to others. Raw spreads + zero commissions + zero swaps. It can’t get better than that.
What would you improve about Defcofx?
They can still work on their presentation and platform selection.
Overall
Overall, I think defcofx is a reliable broker that is working for many years, which makes them a long standing brokerage. There is still room to improve their services as a whole, but those improvements are not urgent, they are fine to trade with now as well.
"No swap fees"
What do you like best about Defcofx?
They don’t charge swaps and commissions, which means spreads are the only fee.
What would you improve about Defcofx?
They can easily improve by adding more tradable assets
Overall
Been trading with defcofx for around 10 months, and it’s a solid broker. Fees are advantageous for swing trading.
"Pros outweigh the cons"
What do you like best about Defcofx?
The trading terms, this is def the strong suit of defcofx
What would you improve about Defcofx?
No remarks about the platform, but read a lot of mixed reviews for them
Overall
If one reads reviews, he might hesitate to open an account with defcofx. But I like the trading terms and anyway I wanted to start with a $100 deposit and said I'll give it a try. Trading costs are really low. Idk how safe it is for trading with large accs, but for small accs it works
"Good experience"
What do you like best about Defcofx?
I like that withdrawals perform fast, I didn’t expect that. Verification only took one attempt, and after I didn't have issues moving funds.
What would you improve about Defcofx?
I think they need to work on their educational materials. They can add webinars too
Overall
I’m on a trial, and trading with defcofx on a daily basis. Don’t want to deposit all the funds right from the beginning… Anyway, I tested several trading instruments here apart from forex pairs, and it's nice having them all available in one place. So far everything is good
"A year later still using it"
What do you like best about Defcofx?
Customer service replies were clear. I didn't have to ask them several times for clarifications
What would you improve about Defcofx?
Well, i think more analytics could be added.
Overall
I don;t use their platform daily, more weekly trading - i find the platform suitable for using the leverage, 1:2k for forex. Good for me.
"Using leverage wisely."
What do you like best about Defcofx?
What I like about the brand is high leverage. Here it is x2000!! Good for my swing trading setups.
What would you improve about Defcofx?
I would probably add more educational articles, especially with tactcal explanation of technical analysis.
Overall
Even though I still on a demo account, I planning to shift to a real account because leverage is high and spreads are really low.
"Raw account"
What do you like best about Defcofx?
The execution speed on major cross currency pairs run smoothly, and fees are always low. The raw acc is definitely the one to go for
What would you improve about Defcofx?
I would like them to add more platforms to choose from. MT5 is cool, but tradingview is taking over imho
Overall
I swing trade with defcofx close to two years, and it’s fine. I think many question the withdrawals, and those are not bad. The only drawback is the payment methods are limited to crypto. Yet, this way payments process almost instantanously
"Testing week turned into a longer stay"
What do you like best about Defcofx?
Customer support replied clearly and pricing looked attractive compared with some alternatives I checked.
What would you improve about Defcofx?
I think that platform could use a few more advanced ai tools for deeper market monitoring.
Overall
I thought it'd be just a week of tests but i liked it, esepcially when the support explained what i asked. Trading different major pairs - stable sessions.
"Trying it out, so far good…"
What do you like best about Defcofx?
Defcofx got me intrigued because of their tight fees! Come on, raw spreads, zero commissions and zero swaps is the utopia for any trader.
What would you improve about Defcofx?
They can easily improve their services by adding more trading platforms. MT5 is good, but there are some other options they can fit in
Overall
Overall, I have been testing the platform on a real account for quite some time. I didn’t deposit much, so I was keeping my positions small to check out executions, fees, stability etc. Surprisingly, they passed all of the tests including the withdrawal. Will start trading here for real soon, gonna deposit nice amount
"Swaps on FX"
What do you like best about Defcofx?
Since I mostly open swing-positional trades on FX majors, I pay serious attention to swap rates. I checked a few overnight positions here, and the cost didn’t feel out of line.
What would you improve about Defcofx?
However, on some minor and exotic pairs it’s better to avoid overnight positions, they’re kinda big.
Overall
Been trading for less than a year here, hope our cooperation will last for years.
"5 years with defcofx"
What do you like best about Defcofx?
all the rest is fine, i was in silver, then in gold, accounts are well set. i dont trade more than 10 lots anyway, just like having a better account
What would you improve about Defcofx?
Cant say much, if there was any major issue I wouldnt be here for this long. perhaps costs, sometimes they could be high
Overall
Thats a lot of years, and frankly i didnt think i'd be trading after 5 years haha ., but here we are, still trading, and still its not that easy. but some things you figure out with time.
"Balanced performance"
What do you like best about Defcofx?
The best thing about them is the default swap free account structure. Let’s be honest, there are very FEW brokers offering it. Usually swap free accs are for muslims, but defcofx made it for everyone.
What would you improve about Defcofx?
The platform variety is currently limited… only MetaTrader 5 is available. They can at least add the MT4.
Overall
Defcofx is a legit broker that process all the payments in the right way. I got my withdrawals on time. The trading side is also on point, especially the fees… All in all, my experience was positive over the last few months.
"All core things were there"
What do you like best about Defcofx?
Stable platform - MT5. Tight spreads, which are not tied to my deposit like at some other places. Execution is pretty decent too.
What would you improve about Defcofx?
Support doesn’t work on weekends. It would be nice if they added skrill as a payment method. Using only crypto and depend on its conditions or network fees, it’s something… meh
Overall
I’m quite loyal to them, spending my last 3 years. Core things like spreads, executing and platform worked for me. In recent months it has become a little bit costly to withdraw bitcoin, because of its unstable prices. Just saying…
"Being real here"
What do you like best about Defcofx?
It’s a truly even broker, it,s obvious by the spreads and the execution speed
What would you improve about Defcofx?
Daily analytics can be more versatile and spread across more instruments
Overall
Still learning, and glad that I dig this platform which has strong education and gives access to real markets with only a $50 deposit for the silver account. Even with this account I found the spreads and execution really good. I am focused mostly on forex for now, and for this asset category it does the job pretty well
"Stay like this"
What do you like best about Defcofx?
No KYC, everything paid in crypto.
No swaps, no commisions.
No inactivity fee.
No deposit fee, no withdrawal fee.
Hopefully it stays like this and doesnt change..
What would you improve about Defcofx?
VPS is costly. I take from other company, my own VPS, works fine like that.
Overall
its pretty much regular cfd broker, there's plenty of those ones, exept these ones are less greedy, bcause they dont charge for extra stuff at all. Hopefully it stays like this, for a few years, that would be great.
"Core stuff was there"
What do you like best about Defcofx?
Sure thing it was all about the most important things. Who wouldn’t like to get withdrawals executed on the same day, (crypto definitely should contribute to this) spreads from 0.3-0.5 and trading on the most advanced MT5. I’m smart enough to recognize the most important things!!
What would you improve about Defcofx?
More assets, guys. Even in terms of CFD they doesn’t have much to offer. No futures, stocks and extended commodities list.
Overall
One of the most fulfilling demo experiences so far I had! On surface, the broker tried to deliver core things at first and then additional stuff. That’s why I didn’t see much of variety there. But dId I need it? Not at all. I’m fine with good trading costs,stable payments (hopefully but doesn’t see anything that can prevent this) and solid execution!
