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
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

Investment Management solution for business managers

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

$89 per year
Free Version
Free Trial

Reviews/Ratings

Overall 4.7 / 5
ease 4.8 / 5
features 4.8 / 5
design 4.4 / 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

  • 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
  • When I first visited Devcofx, what really caught my attention was the huge leverage, up to 1:2000. I thought that it's kinda limited, but actually it is not. Another major benefit to me was spreads -they are indeed can be as low as 0.3 pips, surely aitnt always so. coz there is floating market nature. But as I said, not rare to see this. For example, a week ago during session overlaps, especially between New York and London, the spread was not 0.3 for EUR/USD, but it was I think around 0.5 or 0.6, which is quite good for that session. Also what I like is educational resources from the broker, especially daily technical analysis.
  • Cheap trading overall, spreads lower than 1 pip, no swaps. Fast services, crypto payments especially.
  • Easy onboarding, accessible and the trading terms are better compared to many other brokers i checked
  • really high leverage - x2000 tight spreads - this combo of the leverage and spreads are great for swing trading

Cons

  • The variety of platform isn’t the best, I’d love to see more options.
  • What can be improved is the customer support team. This live chat available on the website is a bit sluggish. They reply to you, but it takes time
  • Ngl, they could do a better job in platforms and assets selection. Seems to be limited to certain tickers and only one MT5 platform.
  • There is some education, but it’s not best place to start if you want to learn and trade
  • mm, it d be better to have more options with trading engines

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

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
Benchmarking
Bonds / Stocks
Client Management
Commodities
Compliance Reporting
Data Import / Export
For Investment Advisors
For Investors & Traders
Fund Management
Modeling & Simulation
Payroll & Commissions
Performance Metrics
Portfolio Management
Risk Management

Integrations

No info available.

Integrations

No info available.
Claim Defcofx and update features and information
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