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Rated 4 out of 5 stars

Can't say much about the platform they offer, it's good for the job and never fails the customer. Accounts are better than I expected, and making the difference in lot restrictions is kinda smart I... See more

Company replied

Rated 5 out of 5 stars

Love having the 1:2000 leverage. But most importantly, was the withdrawal speed for me. You can trade with a thousand brokers, but how many of them are going to pay you out in a timely manner.

Company replied

Rated 4 out of 5 stars

Not so many defcofx reviews are available in the net, so I got to be that enightener for y'all:D It has nice leverage, up to x2000, which perfectly caters to my riskmanagement strategy where risk/r... See more

Company replied

Rated 5 out of 5 stars

DefcoFX is a top tier broker. Their server speeds and execution timing is the best a trader can ask for. On top of being on MT5. Highly impressed with how well their BTC deposit/withdraw system works,... See more

Company replied

Company details

  1. Finance Broker

Written by the company

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. Our trained client support team is available via Live Chat on the website, email or any social media. Customer-oriented support agents are always there to assist clients. At Defcofx, your success is our mission. Open your trading account in simple steps to discover the future of forex trading with us!


Contact info

4.2

Great

TrustScore 4 out of 5

37 reviews

5-star
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Replied to 100% of negative reviews

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Rated 4 out of 5 stars

I trade Gold with Defcofx

I trade Gold with Defcofx

a) No commissions

b) Deep liquidity

c) This helped diversify my portfolio.

Looking to try some base metals soon.

February 21, 2025
Unprompted review
Defcofx logo

Reply from Defcofx

Hello there rafael diez,

Thanks for your positive review about our services.

Your remarks about the convenient user experience on our website and client area are much appreciated. Our team of developers has worked hard to ensure that all our digital spaces are comfortable for usage. We are also happy to hear that you enjoyed trading Gold with our conditions. We try to provide the best possible conditions with tight spreads and high execution speed.

We are delighted to hear that you have found our customer service supportive. Our support team works around the clock to ensure our clients get the best care. Should you have any questions or require any assistance, please feel free to contact us!

Kind regards,
Defcofx Team

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Rated 5 out of 5 stars

Broker of the year right here

Broker of the year right here , everything straight forward and on time

February 21, 2025
Unprompted review
Defcofx logo

Reply from Defcofx

Hello Darius, 

Thank you very much for your valuable feedback.
It`s an honour for us to know that you consider us one of the most prominent brokers in the industry.

Our primary goal is to supply traders with a convenient and top-notch trading environment to assist them in achieving their trading goals. Features, such as an advanced modern platform, accessible trading conditions and safe payments, ensure that any trader might find what suits him precisely.

If you have any questions or need assistance, please feel free to contact our customer support team.

Kind regards,
Defcofx Team

Rated 4 out of 5 stars

When I first logged into the app I…

When I first logged into the app I could easily find the account dashboard lol but I later got to navigate and found all the necessary information. It’s a simple platform:-)

November 8, 2024
Defcofx logo

Reply from Defcofx

Hello there Gonçalo Ribeiro,

Thank you very much for sharing your sincere feedback of our company. Your insights are invaluable and help us to improve our services!

It’s a pleasure to know that you find our trading platform simple to use and you had no problems with navigating around the personal area. Our company has been working hard for years, and your satisfaction is our top priority. We strive to provide every customer with a decent trading experience and conditions to ensure everyone can reach their objectives staying with us!

If you have any questions or concerns please do not hesitate to contact the technical support team whenever you wish! We are always ready to assist you with any issues as much as possible!

Kind regards,
Defcofx Team

Rated 5 out of 5 stars

BITCOIN

Transferring in BITCOIN usually takes about 5-10 minutes and it’s really fast.

January 9, 2025
Defcofx logo

Reply from Defcofx

Hi there Zeno Mariani,

Thank you for sharing your feedback!

We’re happy to hear that your Bitcoin transfers have been fast and efficient. Providing quick and reliable payment processing is a priority for us, and it’s great to know you’ve had a smooth experience.

If you ever need assistance or have questions, feel free to reach out!

Kind regards,
Defcofx Team

Rated 1 out of 5 stars

I was up 150 points in a trade and the…

I was up 150 points in a trade and the spread jumped to 250 points.. they added spread to stop me out

SCAM

February 5, 2025
Unprompted review
Defcofx logo

Reply from Defcofx

Hello there juZa,

Thank you for bringing your concerns to our attention.

We are sorry to hear about your experience. At Defcofx, we operate with integrity and adhere to strict regulatory standards. Spreads can fluctuate due to market conditions, such as volatility or liquidity changes, especially during major news events or market openings. However, we do not manipulate spreads to influence trade outcomes.

If you believe there was an issue with your trade, we encourage you to contact our support team with the specific details of the trade in question.

Kind regards,
Defcofx Team

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Rated 4 out of 5 stars

I am still not sure

Honestly I think Defcofx is alright ^_~. The spreads were around 1.2 pips.

January 30, 2025
Defcofx logo

Reply from Defcofx

Hello there Mandla Khumalo,

We are truly grateful for your valuable feedback. Thank you for taking the time to share your thoughts with us!

We are thrilled to hear that you find our platform suitable for trading. Your satisfaction is our top priority, and we have been dedicated to providing top-notch services to our customers for years. We strive to ensure everyone has everything they need for comfortable trading.

Rest assured, our technical support team is always here for you. Should you have any questions or concerns, please feel free to reach out to them at any time you wish!

Kind regards,
Defcofx Team

Rated 4 out of 5 stars

Best overall on Demo account…

Best overall on Demo account with tight spread and no slippage. Will try on real account with Defcofx. But if Defco can get a few more regulational licences outside of Saint Lucia, more customer with huge deposit will arrive...

January 1, 2025
Unprompted review
Defcofx logo

Reply from Defcofx

Hello TN,

Thank you for sharing your trading experience on the demo account we provide!
We are happy to hear that your impressions after using it remain positive.

At Defcofx, we do our best to deliver the highest-quality trading services, and this can be understood even after trading in the demo environment, which precisely replicates the real trading conditions.
We also appreciate your words about tight spreads. Delivering narrow spreads is paramount for us to make trading effective for clients.

If you have any questions or suggestions, please do not hesitate to contact the customer support team!

Kind regards,
Defcofx Team

Rated 5 out of 5 stars

It has been my choice for as long as I…

It has been my choice for as long as I was trading on currency markets…Which did not start a very long time ago. But I am satisfied with everything and think defcofx is legit!

December 28, 2024
Defcofx logo

Reply from Defcofx

Hi there Tomás Del Sol,

Thank you for sharing your experience!

We’re delighted to hear that Defcofx has been your choice since you started trading on the currency markets. It’s great to know you’re satisfied with our platform, and we truly appreciate your trust in our legitimacy and services.

Kind regards,
Defcofx Team

Rated 4 out of 5 stars
Defcofx logo

Reply from Defcofx

Hello Jannik Vogel,

Thank you for sharing your thoughts about your experience with Defcofx!

We’re delighted to know you find our platform solid and enjoyable to use—it truly motivates us to keep delivering the best service possible.
We understand that timely withdrawals are a critical aspect of your trading experience, and we apologize for any frustration caused by delays. While we aim to process withdrawals as quickly as possible, certain factors such as verification processes or banking times can occasionally extend the timeline.

Please know that we’re continuously working to improve our withdrawal process to ensure it meets your expectations.

Should you encounter any further concerns, don’t hesitate to reach out to our support team - we’re here to help resolve any issues promptly.

Kind regards,
Defcofx Team

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Rated 4 out of 5 stars

I recently started trading with this…

I recently started trading with this platform, and here’s what I think:

1) Platform: It has interesting features easy to use

2) Support: Slow response time.

3) Trading: Spread could be better.

December 1, 2024
Defcofx logo

Reply from Defcofx

Hi, Thijs van der Meer!

Thank you for your honest feedback about our services!

We are sincerely glad that you liked our trading platform and you feel comfortable using its features.
It matters to us that our customers have no difficulty using it.

Regarding the work of the support team, we apologize and hope that in the future your experience of interacting with the support team will be more enjoyable.

Best regards,
Defcofx Team

Rated 5 out of 5 stars

Friendly

Trading with this platform has been cool. The support has been over the roof and I have a soft spot for brokers who take their customer service very important. They reply pretty fast and also in a friendly and calm tone. Their main goal is always to make sure I am satisfied.

November 27, 2024
Defcofx logo

Reply from Defcofx

Hello there Obinna Ugochukwu,

Thank you for leaving a positive review about our support team!

Customer satisfaction has been one of our most important goals since the creation of the company, and it will surely remain this way. We are working round the clock to make sure that our customers are satisfied, and their needs are taken care of. We believe that customer service is one of the key aspects that define the quality of services.

If you have suggestions or need any assistance, please do not hesistate to contact us!

Kind regards,
Defcofx Team

Rated 4 out of 5 stars
Defcofx logo

Reply from Defcofx

Hi there Hafizuddin Rahman,

Thank you for your kind words!

We’re so pleased to hear that you find our platform beginner-friendly and that our educational resources have been helpful. Supporting our traders with accessible learning tools is one of our top priorities, and we’re thrilled that it’s making a positive difference for you.

Kind regards,
Defcofx Team

Rated 4 out of 5 stars

Solid analysis for everyday

Although it's not in a typical graph form, the technical analysis is still good. It just takes a little time to get used to this kinda format...

October 17, 2024
Defcofx logo

Reply from Defcofx

Hello Sjoerd van der Zanden,

Thanks for leaving your review about our educational resources.

We appreciate the fact that our technical analysis is to your liking. One of our aims is to provide high quality eduational and analytical resources to our traders. They are presented in such format to increase the effectiveness of the analysis. We also made sure that it suits different traders by providing various timeframes.

If you have any questions, please contact our support team!

Kind regards,
Defcofx Team

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Rated 5 out of 5 stars

Just opted for gold account right away

Just opted for gold account right away, even though depo should've been $1k! Nice one anyways.

August 23, 2024
Defcofx logo

Reply from Defcofx

Hi there, Thibault Lemoine!

Thank you for sharing your choice of the account!
It's fascinating for us to know which account traders choose and what the reasons lie behind this choice.

We are committed to ensuring diversity and flexibility for the clients, so our account types system can be called universal, catering to the needs of various traders. Both Gold and Silver accounts have their admirers, and we are happy to know that users spend time choosing the best for their needs.

If you have any questions, please get in touch with the client support team!

Kind regards,
Defcofx Team

Rated 5 out of 5 stars

This broker is beginner friendly and…

This broker is beginner friendly and also affordable with a deposit of $50 you can get started.
It’s got nice trading conditions like;
-Tight spreads
-Quick withdrawals and so on.

October 17, 2024
Defcofx logo

Reply from Defcofx

Hello Thalassinos Christoforou,

Thank you for your feedback!

We're glad to hear that you find our platform beginner-friendly and appreciate the affordable deposit requirements. Our goal is to offer competitive trading conditions, including tight spreads and fast withdrawals, to ensure a smooth trading experience for all our clients.

Our support team is always available to help you through your difficulties and questions.

Kind regards,
Defcofx Team

Rated 4 out of 5 stars

Platform

Not so many defcofx reviews are available in the net, so I got to be that enightener for y'all:D
It has nice leverage, up to x2000, which perfectly caters to my riskmanagement strategy where risk/reward ratio is usually 1/3 or maybe even higher.
Tight raw spreadsstart from 0.3 pips, which is cost-effective enough. Plus, I were charged with zero fees for funding, quite lavish.

September 12, 2024
Defcofx logo

Reply from Defcofx

Hi there Eduardo Rubén Guzman,

Thank you for stepping up as the “enlightener” and sharing your detailed feedback! 😊

We’re thrilled that you’ve found our high leverage and tight raw spreads to be a great fit for your risk management strategy. It’s also fantastic to hear that our zero-fee funding option stood out to you - making trading cost-effective is one of our key priorities.

Your positive insights will surely help others who are looking for reliable information about Defcofx!

Kind regards,
Defcofx Team

Rated 5 out of 5 stars

I like to read some Defcofx technical…

I like to read some Defcofx technical daily outlook on the popular major fx pairs...

August 7, 2024
Defcofx logo

Reply from Defcofx

Hello Marios Antoniou,

Thank you for your comments.

We’re glad to hear that you’re interested in the Defcofx daily technical outlook on the major FX pairs. These insights provide comprehensive analysis on popular pairs, offering valuable information on key levels, potential market movements, and relevant technical indicators.

You can access these daily outlooks directly through our platform or by subscribing to our newsletter for the latest updates.

If you have any further questions or need assistance, please feel free to reach out.

Kind regards,
Defcofx Team

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