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Defcofx vs YWO
Both forex brokers have built a positive reputation, and feedback from our members supports that.
That said, Defcofx currently holds a lower overall rating (4.5) compared to YWO (4.6).
Defcofx has a higher minimum deposit than YWO, at 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 Defcofx has a maximum lot size of 2.0, while YWO offers 500.0.
Defcofx offers a greater leverage limit of 1:2000, whereas YWO allows a maximum of only 1:1000.
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.
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.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 50.0 | 10.0 |
| Commission | 0.0 | 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 | 2.0 | 500.0 |
| Spread | - | - |
| Broker type | STP, ECN | Pro, Cent |
| Maximal leverage (1:?) | 2000 | 1000 |
| Availability | STP, ECN | Pro, Cent |
| Regulation | - | FSCA (South Africa), FSC (Mauritius), MISA (Mwali) |
| Trading Platforms | MetaTrader 5 (MT5) | MetaTrader 5 (MT5) |
| Funding/Withdrawal methods | Bitcoin, Multiple local methods, USDT | Wire Transfer, Credit Card, Debit Card, Bitcoin, Crypto, Apple Pay, Google Pay, USDT, Visa, Mastercard, cryptoPay |
| Account Currency | USD, GBP, EUR | USD |
| Languages | English, French, German, Greek, Hebrew, Arabic, Hungarian, Dutch, Bulgarian, Czech, Norwegian, Danish, Finnish, Traditional Chinese, Cebuano, Afrikaans | English, Spanish, French, Thai, Arabic, Vietnamese, Urdu, Bahasa Indonesia |
| Country | Saint Lucia | Comoros |
| Trading platform(s) timezone | Saint Lucia | Comoros, Mauritius, South Africa |
| Other trading instruments | - | Stocks, Commodities, Energies, CFDs, Cryptocurrency |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
