Defcofx vs Covenance

Both forex brokers have built a positive reputation, and feedback from our members supports that. That said, Defcofx currently holds a stronger overall rating (4.5) than Covenance (0). Defcofx has a higher minimum deposit than Covenance, at 50.0. Both platforms offer their clients demo accounts, mobile trading. Traders should note that both companies offer the same minimum lot size 0.01, but Defcofx has a maximum lot size of 2.0, while Covenance offers 100.0. Defcofx offers a greater leverage limit of 1:2000, whereas Covenance allows a maximum of only 1:100.
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.