Defcofx
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"5 years with defcofx"
Apa yang paling Anda sukai dari 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
Apa yang ingin Anda tingkatkan dari Defcofx?
Cant say much, if there was any major issue I wouldnt be here for this long. perhaps costs, sometimes they could be high
Keseluruhan
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"
Apa yang paling Anda sukai dari 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.
Apa yang ingin Anda tingkatkan dari Defcofx?
The platform variety is currently limited… only MetaTrader 5 is available. They can at least add the MT4.
Keseluruhan
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"
Apa yang paling Anda sukai dari Defcofx?
Stable platform - MT5. Tight spreads, which are not tied to my deposit like at some other places. Execution is pretty decent too.
Apa yang ingin Anda tingkatkan dari 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
Keseluruhan
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"
Apa yang paling Anda sukai dari Defcofx?
It’s a truly even broker, it,s obvious by the spreads and the execution speed
Apa yang ingin Anda tingkatkan dari Defcofx?
Daily analytics can be more versatile and spread across more instruments
Keseluruhan
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"
Apa yang paling Anda sukai dari 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..
Apa yang ingin Anda tingkatkan dari Defcofx?
VPS is costly. I take from other company, my own VPS, works fine like that.
Keseluruhan
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"
Apa yang paling Anda sukai dari 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!!
Apa yang ingin Anda tingkatkan dari Defcofx?
More assets, guys. Even in terms of CFD they doesn’t have much to offer. No futures, stocks and extended commodities list.
Keseluruhan
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!
"demo period - good for learning"
Apa yang paling Anda sukai dari Defcofx?
very interesting account selection option.
spreads are quite tight, even during marke sessions overlap
Apa yang ingin Anda tingkatkan dari Defcofx?
well, sometimes mt5 can slowdown a bit..not critical issues, maybe it is my ISP provider idk...
but I d like to see other platforms added
Keseluruhan
even though on demo account - things are quite good. I ll open probably a real accnt - will go with silver account
"Trading become very cheap"
Apa yang paling Anda sukai dari Defcofx?
Of course it’s trading costs. Didn’t feel spreads, while trading. Maybe it's the magic of mt5, when they don’t indicate spreads, but I think defcofx can take credit for giving such tight spreads. On the long sretch, I started trading more effectively intraday. At the same time, they have мwap free, though never hold overnight, but was a good one when I needed to, like it was with gold last year.
Apa yang ingin Anda tingkatkan dari Defcofx?
A little bit limited in assets and platforms. Trading only on mt5 is fine, but not that cool as it would be on a more modern platform.In terms of market range, I also can't find anything except for well-known tickers. Only forex has a broad range apparently. They need to work on this…
Keseluruhan
Didn’t have illusions about the broker, just understanding what they’re good and in what not so much. And in this case low costs and good execution mattered more that the patform and more opportunities. Maybe this focus I exactly needed.
"Some insights from my experience"
Apa yang paling Anda sukai dari Defcofx?
What I can really highlight is the speed of their customer service team. They really answer within minutes, and genuinely try to help with inquiries. Some brokers feels like using AI chat bots or use generic answers, but the defcofx team is real people with friendly manners. That’s important…
Apa yang ingin Anda tingkatkan dari Defcofx?
Pricing is competitive (spreads are raw mostly), but the spread markup on exotic pairs feels inconsistent during off peak hours. Better to focus on majors, since they are highly liquid instruments.
Keseluruhan
Trading EUR/USD and gold during the London / New York overlap has been going well... entries execute within expected slippage, and the platform handles volatility without freezing. I just tested couple of scalping strategies on GBP/JPY and swing positions on indices. both felt responsive. So yeah, for a trial, the depth of access is refreshing, no artificial limits on strategy testing. The daily use for over two weeks built genuine confidence that this platform can handle my workflow when I go live. Planning doing it soon.
"All things considered."
Apa yang paling Anda sukai dari Defcofx?
Spreads on most assets in my portfolio are quite tight, for fx majors and others. It's impressive how they managed to get them like this.
Apa yang ingin Anda tingkatkan dari Defcofx?
Customer service can be faster.
Some more crypto options for payment and withdrawals.
Keseluruhan
Demo on silver account, and yes the sprads are that raw. Mostly during asia, and majors are during other sessions too. dont really care about kyc, they dont have it on withdrawal,s - i guess thats some higher security of private information.
"being alert all the time"
Apa yang paling Anda sukai dari Defcofx?
Well, it is good to have a well functioning metatTrader 5. MY preb broker just had mt4, idk why...MT5 is like upgraded version of MT4, it is multi-threaded and the server connection from the broker is fast, no issues with order execution at all.
Next thing to highlihgt is diversity of trading insruments. Now, it is not clear what is going with equties, so I diversified my positiosn across metals and indices too.
The leverage from Defcofx is its distinct mark - x2000. More than enough, it is particularly valuable when I get a good set up....can swing and earn some good money.
Swap free account - major plus, for position trading is just gem, no need to worry abt overnight accruing costs at all.
Apa yang ingin Anda tingkatkan dari Defcofx?
Well, I cant say that customer support is 24/5 here all the time, happens sometimes that they reply later...making me wait
Keseluruhan
Soon it will be 3yrrs. I can say that the broker is legit, I have enough expericne with them now. Whether it is fund trasnfer process , or trading terms - all good to me. I recommend it for all : beginners, intraday traders, swign traders, and those who want to approach trading more like investing (keeping for longer).
"I like the service"
Apa yang paling Anda sukai dari Defcofx?
Mainly what stands out to me is their trading service overall.. It’s not like they gave access to metatrader and that’s it, do whatever you want. Customer support is always in touch, ready to assist with any questions, smart and not smart. Payments are clean, with all steps guided and smooth processing. Every day they send market insights about what is happening in the trading worlds. Nice piece of info to build a context around my trades. And of course s]reads are out conversion. 0.5 for euro/usd is way lower than market average/
Apa yang ingin Anda tingkatkan dari Defcofx?
More modern charting to MT5, but I know that it’s impossible so any other platform with more modern charts. If they add copy trading, will appreciate this too. I think it’s a good chance to expand my trading opportunities and connect with other traders
Keseluruhan
Defcofx has been my broker for almost a year now. Since then no flaws in their trading service and secondary features, like work of customer support or payments. It’s just a quality service that if made certain correction, had a good potential. For now solid service is more than enough ahaha…
"Another metatrader broker"
Apa yang paling Anda sukai dari Defcofx?
MT5 at its finest. All features for what I like on this platform were there. Expert advisors, DOM, some custom indicators which I just imported there. Paired with daily market updates sent on email, it was a good setup for analyzing markets.
Another advantage is crypto payments. Once get used to, I could see the difference in speed, compared to previously used methods at other banks involved methods.
Apa yang ingin Anda tingkatkan dari Defcofx?
Didn’t see raw spreads or zero spreads accounts. Support doesn’t work on weekends, but crypto does. Not convenient when you have some sort of issue with crypto and support is not there.
Would like to see more versatile services. Copy trading, more trading instruments, diversity in a word.
Keseluruhan
Maybe it’s another metatrader broker, but a good one out there. I had already a ready trading setups for this platform and as far as the broker performed well, stayed. Since the broker offered a good trading service I needed, why not,. Even solely crypto payments which I considered strange, proved their value after some time..
"Good choice for daytraders"
Apa yang paling Anda sukai dari Defcofx?
How stable and transparent the platform is, and also the pricing. I use it daily and the platform almost never lag or freeze. Spreads are fair, not hidden tricks, and overall trading costs feel okay. execution is pretty fast, havn’t noticed any big slippages. Customer service also big plus, they answer normal, not copy paste robots, and actually try help.
Apa yang ingin Anda tingkatkan dari Defcofx?
If to improve something, maybe add more advanced features for analysis directly inside platform. Features are good but could be little more deep for advanced users. This is not deal breakers, more like nice-to-have things.
Keseluruhan
My experience is strongly positive. I’m using Defcofx for around 2 years now, and almost open the platform daily. so I really tested it in real conditions for extensive time. Platform is reliable, pricing is transparent, support is responsive, and I feel comfortable trading here long term. It’s not flashy broker, but solid and consistent, which is more important for me and I believe for many experienced traders, too.
"Solid broker with high-tech platform"
Apa yang paling Anda sukai dari Defcofx?
What I like most is the flexibility and how slick everything works in real trading. On demo all broker are good, but when you switch to real trading, here is where the issues start. With defcofx i had a perfect transition from demo to real acc. First big plus is leverage up to 2000x. I don’t use full leverage of course, but having that option, it’s fine. The Silver account surprised me, feels better than Gold for my style, more balanced and no useless extras. Another huge thing is execution speed.
Apa yang ingin Anda tingkatkan dari Defcofx?
If I really need to say something, maybe the platform can explain account types better because i don’t get why the GOLD account is considered as more advanced and the initial deposit is higher - $1000, while the leverage here is reduced to 500x. It’s strange. But as ai said i couldn’t care less for that because i found the silver acc as better fit for me.
Keseluruhan
I think i already said enough :) but let me highlight that my whole experience on the platform is positive. I traded, tested withdrawals, checked support, everything feels legit. Platform is regulated, even if some people cry about offshore license, that’s nonsense. Most brokers work like that and it allows better conditions for traders. For me, low latency, high leverage option, no withdrawal fees, and stable platform is what counts.
"about my trial experience"
Apa yang paling Anda sukai dari Defcofx?
it's not flashy - I mean the website didn't say "it's quick money place", and I liked this simplicity in trading. Just a normal trading with different assets. Nothing extraordinary, just calm sessions (well, not always - meaing volatile times - but still).
Good support assitance - helped me in the demo and first trades with real money
Apa yang ingin Anda tingkatkan dari Defcofx?
They should consider adding other platforms like mt4. Also they could think of different ways of giving bonuses (on top of 5% of deposit amount when referring a friend)
Keseluruhan
I haven't done some heavy trading yet, started trading with my real money recently, but before did use the demo. Good, standard, workable - these are my impressions. The support did a good job helping me with the demo. I can say they're a solid brokerage company - based on the settings of my trial trades. Tried different assets. So far - nothing critical from me.
"versatile broker with different options"
Apa yang paling Anda sukai dari Defcofx?
I like the account types selection - silver and gold. Heh, it feels likeu ll become rich with such accounts, lol. Alright, lame joke. What is good a low depo limit. It is great to test the account, you know. Also, the leverage is insanely high, x2000. I have seen such high leverages from few brokers only. But to my knowledge two of them went obsolete. There are other tools for traders here. Defcofx offers Market Heat map and some FX trading tools. THe heat map basically tells me about the situation in the markets with flexibility to check intraday timeframes as well. FX tools like fx calculators and economic calendar help me anticiapate my trading moves.
Apa yang ingin Anda tingkatkan dari Defcofx?
Well, though the leveragte is high, the spreads on trading insruments, especialyl forex, are not the most optimal. In times of FED or ECB announcements I noticed they get widened by quite a margin (higher than the norm I think). This must be tackled.
Keseluruhan
I am still on a demo account, heh, a student lol...but last days or two weeks. And then I am opening a gold real account with 12k of deposit. The conditions are good, the platfroms works well - mt5 is the beast here.
"Onboarding is straightforward"
Apa yang paling Anda sukai dari Defcofx?
The process of registering and opening a new account was simple and fast. Customer service made a strong impression. I asked a few questions, and the guys replied quickly and in an extensive way.
Apa yang ingin Anda tingkatkan dari Defcofx?
Verification took longer than I expected, I don’t know why, but I hope they’ll improve their system.
Keseluruhan
I trade a few times a week on a demo account... I wanted to test their trading conditions in live markets. And I gotta admit swap rates are in line with industry averages. I think I’m going to open a gold account next week.
"On demo for now..."
Apa yang paling Anda sukai dari Defcofx?
What I see in terms of spreads right on demo is great, they are tight for things I wanna trade; namely gold and CAD related pairs. I seem to have better performance with those pairs than with ordinary fx majors.
Apa yang ingin Anda tingkatkan dari Defcofx?
One platform is not much, I think they need to develop their own. Think about it, because it will allow you to offer your services direcly.
Keseluruhan
IT's too soon for my review to be precise, but the initial look at the broker and demo experience is nice. What I like is that plans are not so different from each other, the lot restriction is there but in no world I am trading that much lots right now.
"Not a fan though"
Apa yang paling Anda sukai dari Defcofx?
Many things actually. I like spreads that don’t get wide too much during volatile sessions and have a good average number, below 1 pip. I like payment, of course you need to get used to crypto, but once you get there, you won’t use cards and bank transfers anymore. I like a daily newsletter to have an idea for the day.
Apa yang ingin Anda tingkatkan dari Defcofx?
What I didn’t like was the platform. Mt5, desktop or web, never was a fan of its interface. Tools are advanced, but looks are not. They need to have tradingview or something with a similar interface please. Trading somewhere outside might cause some differences in data, hence lost trades.
Keseluruhan
I’ve been with defcofx from the beginning, giving a chance to fresh and emerging broker. They didn’t break my trust, being a solid partner for my forex day trading (later swing trading, didn’t missed a chance to use swap free conditions)
