TradeLog

TradeLog

Cogenta Computing
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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

TradeLog empowers you with the tools needed to do more than create tax reports. Take control of your wash sales, take advantage of special tax rules, or even switch to trader tax status. TradeLog's reporting has been trusted by thousands of traders and tax pros for over 20 years. Wish someone else would just do it for you? We provide turnkey service solutions with Trader Tax Solutions by TradeLog, letting you focus your time on trading while we take care of the tax part. Broker 1099-B reports follow IRS rules for broker reporting - but taxpayers have different reporting requirements. TradeLog uses actual trade history to generate the IRS ready reporting active traders and investors need for tax filing. Reconcile with your 1099-B and make necessary adjustments for accurate reporting.

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 Supported
Mac Not Supported
Linux Not Supported
Cloud Not 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

Investment Management solution for business managers

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

No images available

Screenshots and Videos

Pricing

$50
Free Version Supported
Free Trial Not Supported

Pricing

$89 per year
Free Version Not Supported
Free Trial Not Supported

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

Training

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

Company Information

Defcofx
Founded: 2022
Saint Lucia
www.defcofx.com

Company Information

Cogenta Computing
United States
www.tradelogsoftware.com

Alternatives

Vantage

Vantage

Vantage Markets

Alternatives

ETNA Trader

ETNA Trader

ETNA Software
Hankotrade

Hankotrade

HankoX
XPertTrader

XPertTrader

ChartNexus

Categories

Categories

Investment Management Features

Accounting Management Not Supported
Benchmarking Not Supported
Bonds / Stocks Supported
Client Management Not Supported
Commodities Not Supported
Compliance Reporting Supported
Data Import / Export Supported
For Investment Advisors Supported
For Investors & Traders Supported
Fund Management Not Supported
Modeling & Simulation Supported
Payroll & Commissions Not Supported
Performance Metrics Supported
Portfolio Management Not Supported
Risk Management Not Supported

Integrations

No info available.

Integrations

No info available.
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Claim Defcofx and update features and information
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