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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

FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading and related services. We start with a focus on customers where specialised expertise, attention to detail, and follow through are seen as important aspects to all of our interactions. Founded in 1999, the company's mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Forex and CFD traders seeking multi-asset access

Audience

Traders and anyone searching for an online foreign exchange (FX) trading, and CFD trading service provider

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

API

Offers API Not Supported

API

Offers API Supported

Screenshots and Videos

No images available

Screenshots and Videos

Pricing

$50
Free Version Supported
Free Trial Not Supported

Pricing

$3132.80 one-time payment
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 4.6 / 5
ease 4.6 / 5
features 4.6 / 5
design 4.4 / 5
support 4.5 / 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:

Review this Software

Pros & Cons from Real Users

Pros

  • Spreads from 0.5 pips, leverage with max 1:2000, fast support and order execution. Effective environment overall
  • Defcofx segregated accounts gave me some sense of trust after which trading with them became more comfortable.
  • Spreads can be very tight. Even 0.5 pips during London. Fast withdrawals by crypto without much verification.
  • zero commissions, some spreads are 0.3-0.5 pips, pretty cool, never saw below 1 before this. Daily analysis tools are decently accurate, also surprisingly.
  • MT4 integration stable with no disconnects. Spreads on EUR/USD competitive during London session. Demo conditions matched live which gave confidence.

Cons

  • Trading is only on MT5. A platform with more modern design would be welcomed.
  • Website of the broker looked like from 2015 dated imo. I could be more modern and minimalistic.
  • Not a big selection of assets and platforms. Only majors and MT5.
  • only has mt5, if you prefer smth else, this might be an issue for you.
  • only MT5 and its webtrader. no ctrader or Tradingview support doesn't work on weekends

Training

Documentation Not Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Company Information

Defcofx
Founded: 2022
Saint Lucia
www.defcofx.com

Company Information

FXCM
Founded: 1999
United States
www.fxcm.com/markets/

Alternatives

Vantage

Vantage

Vantage Markets

Alternatives

Hankotrade

Hankotrade

HankoX

Categories

Categories

Currency Exchange Supported
Forex Trading Supported
Hedge Fund Supported

Currency Exchange Features

Analytical Reporting Supported
Client Management Supported
Custom Account Statements Not Supported
Data Backup Scheduling Not Supported
For Money Exchanges Not Supported
Margin Management Not Supported
Market Data Access Supported
Position Management Supported
Real Time Currency Quotes Not Supported
Real Time Tracking Not Supported
Transaction Management Not Supported

Hedge Fund Features

Compliance Management Supported
Contact Management Not Supported
Investor Accounting Not Supported
Investor Reporting Not Supported
P&L Calculation Not Supported
Partnership Accounting Not Supported
Performance Analysis Supported
Portfolio Analysis Not Supported
Portfolio Management Not Supported

Integrations

Blueshift Not Supported
Capitalise.ai Not Supported
Duplikium Not Supported
MetaTrader 4 Not Supported
NeuroShell Trader Not Supported
Quantower Not Supported
StockSharp Not Supported
Tradetron Not Supported
TradingDiary Pro Not Supported
TradingView Not Supported

Integrations

Blueshift Supported
Capitalise.ai Supported
Duplikium Supported
MetaTrader 4 Supported
NeuroShell Trader Supported
Quantower Supported
StockSharp Supported
Tradetron Supported
TradingDiary Pro Supported
TradingView Supported
Claim Defcofx and update features and information
Claim Defcofx and update features and information
Claim FXCM and update features and information
Claim FXCM and update features and information