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Defcofx Reviews Summary
Defcofx has a rating of 4.5 stars from 7 reviews, indicating that most customers are generally satisfied with their purchases. Defcofx ranks 10th among Brokerage sites.
The difference in the fees between silver and gold are minimal, but why I chose to go for gold was that it allows the EAs to trade with. I don't want to manually trade anymore, trading bots are doing everything for me. It's a bit difficult to find a profitable one, but that's possible. The VPS server they have is great, my bot is running non stop even when I'm out of my desk. A bit pricey still.
The market range is not the broadest, but for existing markets (actually the range was sufficient: stocks, forex, indices, and both golds) it's great. Price wise, execution wise, indeed a solid choice. Even payments, which at first glance everyone would be skeptical about, were convenient. Crypto made what traditional bank methods can't, increase the speed of execution and cut unnecessary paperwork.
In an ear obsessed with speed, reliability feels like rebellion. And metatrader 5 is a perfect option to start trading with reliable execution and fast tick data where you can see all pips changes instantly and live. Of course, it's a minus that they don't offer other types of platforms, because I want to have flexibility, sometimes I get bored from trading there, so maybe creating your own mobile app would be very handy.
Defcofx gots its own highlights.
I recently signed up for the account here and the procedure was kinda smooth, without extra hassle.
Metatrader 5 platform is the most powerful software with access to CFds and stocks, over 20 time frames and multiple types of orders.
Spreads are also tight, on my silver account they are usually within average range and it's attractive.🤗
The silver and the Gold accounts are pretty much the same. At least in terms of cost-efficiency. There are some other aspects that they differ in, such as the market range and the leverage, but from what I have noticed, the spreads and the commissions are the same.
So, don't think that the Gold account is much better. You can do perfectly fine with the Silver account if you can't afford the deposit requirement.
As the saying goes, the grass is not always greener on the other side :)
Hi there William,
Thank you for sharing your experience and feedback about our accounts!
We’re glad to hear that you’ve explored both options. While it's true that both accounts offer strong cost-efficiency, the Gold account is designed to provide some additional benefits like a broader market range, which can be advantageous for certain trading strategies. However, as you mentioned, the Silver account remains an excellent choice for traders who prefer a lower deposit requirement without sacrificing quality.
We appreciate your honest insights and look forward to continuing to support you in your trading journey!
Kind regards,
Defcofx Team
I gotta say 1:2000 is really a lot. And as said in one movie: with great power comes great responsibliltiy! So those who wanna utilize it, please be careful😄
Gotta say I'm pretty surprised that daily market anylsis in indeed daily, consistency is a positive trait. The analysis itself is not bad either, and on multiple pairs, I would rate is as good!
Hi, Santiago!
Thank you for your opinion about our company!
For us, the comfort of our customers is one of the priorities. Therefore, we are glad that you feel comfortable trading on our platform.
Indeed, the leverage that we offer to our clients is a risk-taking tool. Therefore, we agree with your recommendation and advises taking into account the amount of leverage for each asset in order for the risks to be moderate.
Another priority for us is that our clients receive assistance in analytics. Our daily analytical materials are created by experts to help our clients.
But remember that such analytics is not an individual trading recommendation and you should do your own analysis for more accurate results.
Kind regards,
Defcofx Team
From the business
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!
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- Sitejabber’s sole mission is to increase online transparency for buyers and businesses
- Sitejabber has helped over 200M buyers make better purchasing decisions online
- Suspicious reviews are flagged by our algorithms, moderators, and community members
Hi there, Antonio!
Thank you for this objective and laudatory review of the services we provide!
We are proud of our trading platform and are happy to hear traders are pleased with the conditions.
Undoubtedly, MetaTrader 5 trading software is one of the most powerful ones, and this is the reason why we provide exactly this type of platform.
As for spreads, we do our best to make sure they are narrow, and everything is due to our big pool of liquidity providers, which ensures they are tight.
If you have any questions, feel free to get in touch with us!
Kind regards,
Defcofx Team