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About

Defcofx is an online trading broker providing traders with access to global financial markets through advanced technology and user-focused trading solutions. The company offers multi-asset trading across Forex, commodities, indices, cryptocurrencies, and CFDs, allowing clients to diversify portfolios and trade multiple instruments from a single platform. Designed for both beginners and experienced traders, Defcofx delivers intuitive trading platforms, fast execution speeds, and competitive trading conditions tailored to different trading strategies. The broker focuses on transparency, efficiency, and accessibility, supporting clients with market insights, educational materials, and responsive customer assistance. By combining modern trading infrastructure with flexible account options and secure transaction processes, Defcofx aims to create a reliable and efficient trading environment for traders worldwide.

About

FP Markets has developed a proud reputation as a Forex broker. In Australia, the company operates under an Australian Financial Services Licence (AFSL) and has received the 'Best Forex Broker Australia' award. A zero restrictions policy means that FP Markets provides the ideal conditions for scalping and those using Expert Advisors (EAs) to conduct their currency trading. Choice is another advantage that active traders can enjoy with FP Markets as MetaTrader 4 and MetaTrader 5 are included in our trading platform offering. One of the primary goals of FP Markets is to provide the best product in the market. Our relationships with leading tier one financial institutions mean deep liquidity and tighter spreads for Forex traders. Combined with our ECN Pricing model, traders can consistently trade from 0.0 pips on major currency pairs such as the EUR/USD, USD/JPY and GBP/USD. Traders can then upgrade to a Live Account with a low minimum deposit of $100.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Forex and CFD traders seeking multi-asset access

Audience

Professional traders and anyone in search a Forex broker platform to conduct their currency trading operations

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

No images available

Screenshots and Videos

Pricing

$50
Free Version
Free Trial

Pricing

$100 one-time payment
Free Version
Free Trial

Reviews/Ratings

Overall 4.6 / 5
ease 4.8 / 5
features 4.7 / 5
design 4.5 / 5
support 4.3 / 5

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

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Pros & Cons from Real Users

Pros

  • MT4 integration stable with no disconnects. Spreads on EUR/USD competitive during London session. Demo conditions matched live which gave confidence.
  • MT4 has no lags or disconnects during volatile sessions. The same with spreads on lmost all the popular assets. They are competitive.
  • MT5 feels great if you know all its features. Plus, defcofx allowed me to open acc from $50 which made the entry barrier accessible.
  • Spreads on majors consistently around 0.4-0.6 pips even during active sessions. MT integration runs stable with no disconnects. the deposit threshold is low which makes it accessible.
  • I placed my first withdrawal early, before I had any meaningful profit sitting there. It took longer than the deposit, but I liked that I wasn’t asked for a fresh document halfway through

Cons

  • only MT5 and its webtrader. no ctrader or Tradingview support doesn't work on weekends
  • The tool list feels a bit outdated. Defcofx needs to modernize itself a bit
  • The leverage size is kinda dangerous... I just need to stay emotionless.
  • Swap rates could be lower for overnight positions. The platform visual design feels a bit old.
  • The variety of platform isn’t the best, I’d love to see more options.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Defcofx
Founded: 2022
Saint Lucia
www.defcofx.com

Company Information

FP Markets
Australia
www.fpmarkets.com/int/

Alternatives

Vantage

Vantage

Vantage Markets

Alternatives

Hankotrade

Hankotrade

HankoX

Categories

Categories

Integrations

AutoTrade

Integrations

AutoTrade
Claim Defcofx and update features and information
Claim Defcofx and update features and information
Claim FP Markets and update features and information
Claim FP Markets and update features and information