Defcofx, Something You Need to Know About This Broker

In this article, well look in-depth at Defcofx, examining its key features. WikiFX aims to provide you with the information you need to make an informed decision about using this platform.

About Defcofx

Defcofx is a broker registered in Saint Lucia, it has a trading experience of less than one year. The physical address of this broker is Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia. Defcofx offers multiple market instruments, including Forex, Indices, Stocks, Crypto, and Metals.

Regulatory Status

Defcofx claimed itself to be registered in St Lucia with the license no. 2024-00205. However, according to WikiFX, this broker isnt regulated by any regulatory institution.

Trading Platform

Defcofx uses MT5 as its main trading platform.

Funds Security

According to what Defcofx claimed, Defcofx uses segregated accounts when it comes to funds security. In accordance with international regulation standards, Defcofx uses separate accounts to keep its traders‘ funds segregated from the company’s balance sheets.

Account Types

Defcofx provides two types of accounts. They are silver accounts and gold accounts. Silver accounts can offer an enhanced trading experience with premium features. Gold account is to unlock exclusive benefits and elevate traders trading journey.

Customer Service

This broker allows traders to contact them via email at support@Defcofx.com.

Geographical Limitations

Defcofx doesnt offer services in Canada, China, Romania, Singapore, the United States, as well as jurisdictions listed on the FATF and EU/UN sanctions lists.

Conclusion

Defcofx is a new broker with very little trading experience. It is not a regulated broker, so investing in this broker cannot be a wise option. We advise you to choose a better alternative instead. If you want to know more information about the reliability of certain brokers, you can open our website. Or you can download the WikiFX APP for free.