OEXN vs Defcofx

Both forex brokers have built a positive reputation, and feedback from our members supports that. That said, OEXN currently holds a stronger overall rating (4.8) than Defcofx (4.5). Both brokers have the same minimum deposit of 50.0. Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping. Traders should note that both companies offer the same minimum lot size 0.01, but OEXN has a maximum lot size of 1000.0, while Defcofx offers 2.0. OEXN offers a lower maximum leverage of 1:1000, whereas Defcofx allows trading with up to 1:2000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
4.8/5 (128 reviews)
4.8/5
4.8/5
4.8/5
4.7/5
4.5/5 (45 reviews)
4.4/5
4.4/5
4.5/5
4.6/5
Minimum deposit ($) 50.0 50.0
Commission 8.0 0.0
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 5
Minimum lot size 0.01 0.01
Maximum lot size 1000.0 2.0
Spread Fixed, Variable -
Broker type STP, ECN, Market Maker, NDD, DMA STP, ECN
Maximal leverage (1:?) 1000 2000
Availability STP, ECN, Market Maker, NDD, DMA STP, ECN
Regulation CySEC (Cyprus), FSC (Mauritius) -
Trading Platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5) MetaTrader 5 (MT5)
Funding/Withdrawal methods Credit Card, Debit Card, Online Check, Money Order, Moneybookers, Perfect Money, WebMoney, Neteller, UnionPay, Skrill, FasaPay, Bitcoin, WeChat Pay, iDeal, TrustPay, Sofort Banking, Klarna, Przelewy, Boleto, Giropay, POLi, Trustly, Broker to Broker, Sticpay, PayRetailers, Payment Asia, SEPA, Crypto, Help2pay, USDT Bitcoin, Multiple local methods, USDT
Account Currency USD, EUR USD, GBP, EUR
Languages English, Greek, Mandarin, Chinese, Indonesian, Malay, Vietnamese, Czech, Serbian, Simplified Chinese, Traditional Chinese, Bahasa Malay, Bahasa Indonesia English, French, German, Greek, Hebrew, Arabic, Hungarian, Dutch, Bulgarian, Czech, Norwegian, Danish, Finnish, Traditional Chinese, Cebuano, Afrikaans
Country Cyprus Saint Lucia
Trading platform(s) timezone China, Mauritius, Malaysia, Thailand, Vietnam Saint Lucia
Other trading instruments - -
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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