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Defcofx
Total reviews 36
2 complaints
4.5
Unconfirmed company
defcofx.com
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  • Company Review Defcofx
    • Year of use: 2025
    4.8
    Feedback approved for publication Rate your review 0
    0
    Trading instruments and assets
    100%
    Withdrawal speed
    100%
    Brokerage commission
    80%
    Technical support
    100%

    Gold and silver accounts

    This broker might not be perfect, but at least it offers plenty of functional tools that can improve my trading process. First off, I opened two accounts, silver and gold, there’s nothing strange about it. I’m going to use a gold acc for manual trading and silver for algorithmic trading. What’s the catch? Well, if you’re unaware of this, lemme tell you that defcofx provides the VPS server and guess what I wanted to do? Exactly! I need a silver acc for connecting it to the VPS and making my robot trade around the clock. It worked… The price is affordable enough, just $34 monthly for standard level, I think it’s justified since the algo trading makes much more profit. Btw, I’d recommend you pay attention to market analytics to be aware of global events, in case something dangerous is coming, like CPI or PPI data, it’s better to turn off your algo trading.

    Positive
    • VPS server works nicely, without big issues, and the price is very affordable as I said before, so yeah, it’s good.
    • There are a lot of instruments available to trade which gives me enough room to implement various strategies and make profits even on choppy markets.
    Minuses
    • Spreads aren’t the best on silver acc, if we talk about major currencies, they’re fine, but when it comes to minor and exotic pairs, you can lose quite a lot on trading-costs.
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    I recommend it

More honest opinions from real people about the company Defcofx

  • Rudra Shirke 1 year ago
    4.5
    Rate your review 0
    0
    0

    Conditions

    I think when you take a forex market as your main direction of trading, this broker must be suitable for you. Maybe, the leverage of 1:2000 might create some doubts about risks and safety of the trades, for me it was a very suitable option. They gave me the freedom to trade what I want and how I want... Read more
  • Marthijn P. 1 year ago
    4.8
    Rate your review 0
    0
    0

    Reliable Trading Platform

    I’ve been using Defcofx since 2021, and it’s been super reliable. The platform works great and the tools are easy to use.
  • Wilson Machado 1 year ago
    4.8
    Rate your review 0
    0
    0

    High performance trading platform

    This platform has numerous tradable assets with tools to trade with, trading for 2 years using this platform has to be one of my good decisions. I would recommend to my friends without thinking twice.
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Company review statistics for Defcofx
4.5
38 reviews
97%3%
Trading instruments and assets
90%
Withdrawal speed
90%
Brokerage commission
88%
Technical support
91%
The company in the ratings
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57/145
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52/115
FForex Brokers with Bonuses
35/55
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