As a true STP/ECN broker, we provide direct market access with real-time pricing, ensuring that your trades are executed accurately and efficiently.

6. Leverage Adjustments During News
To protect client accounts and ensure risk control during significant economic announcements, DefcoFX temporarily adjusts leverage.
15 minutes before major news releases, leverage is reduced from 1:2000 to 1:500 for both existing and new positions.

7. Pricing Errors & Feeding
In rare cases of mispricing due to thin liquidity or technical errors, DefcoFX reserves the right to reverse any trades affected—regardless of whether this benefits or disadvantages the client. This ensures fairness and maintains the integrity of the trading environment for all participants.

8. Spreads
We provide 100% raw spreads sourced directly from liquidity providers, with no markups or manipulation.

Do you provide negative balance protection?
Certainly, we provide this service. If your trading account experiences a negative balance, please notify our chat support, and we will rectify the negative balance at no cost, bringing it back to zero.

Markup Spread: Silver Account: Enhanced trading experience with premium features tailored to your needs.

No Client Agreement found on the website, instead Defcofx distributes their legal terms and conditions across several specialized policy pages: Trading Conditions, AML Policy, Disclaimers, Privacy Policy and Funds Security:

Defcofx claims to offer raw spreads and no market manipulation. Despite claiming "true ECN/STP brokerage", they don't support it with standard legal documents, such as a standard Clients Agreement. They also reserve the right to reverse any trades, as well as lower leverage during news events, which is a sign of Market making. We conclude that Defcofx runs a Hybrid Market maker dealing model, where they mainly focus on A-booking.