Is Defcofx Licensed?
Yes. Defcofx is a registered company in Saint Lucia, operating under registration number 2024-00205 from its registered office in Rodney Bay, Gros-Islet. Saint Lucia uses a registration-based framework for international brokers, so Defcofx operates as a registered offshore broker.
The details on recordDefcofx registration at a glance
Here is the company information exactly as it stands on record. Keep the registration number and address handy, since you can use both to verify the company independently.
| Registration detail | On record |
|---|---|
| Legal jurisdiction | Saint Lucia |
| Registration number | 2024-00205 |
| Registered office | Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia |
| Framework | Registration-based (International Business Companies framework) |
| Jurisdiction authority | Financial Services Regulatory Authority (FSRA) |
| Trading platform | MetaTrader 5 |
A registration confirms Defcofx exists as a legally incorporated company in Saint Lucia under the number above. It is the foundation of the business. The sections below explain how that framework works and how it compares to tier-1 licensing, so you know exactly what you are trading with.
Want to try the platform before anything else? A free demo lets you explore Defcofx on MetaTrader 5 with virtual funds, no deposit and no commitment.
Open a free demo →What Defcofx’s Saint Lucia registration means
Saint Lucia operates a registration-based framework for international business companies under its International Business Companies legislation. In practice, this means a broker like Defcofx is incorporated as a registered company in the jurisdiction, and that registration is what the number 2024-00205 refers to.
The Financial Services Regulatory Authority, or FSRA, is Saint Lucia’s financial-services authority. It is worth being clear about how this framework differs from others. For international CFD brokers, Saint Lucia centres on company registration rather than the conduct-licensing model used by authorities such as the Financial Conduct Authority in the UK or CySEC in Cyprus. Both models are legitimate, but they are not the same, and knowing the difference lets you set the right expectations.
Being registered in Saint Lucia confirms the company is legally incorporated. It does not carry the same statutory investor-compensation schemes you find under tier-1 regulators. This is normal for offshore-registered brokers, and it is exactly why the verification and protection sections below matter.
Comfortable with how Defcofx is set up and ready to trade on real conditions? Spreads start from 0.3 pips with zero commissions.
Open a live account →What protections does Defcofx provide?
Registration is one part of the picture. The day-to-day safeguards a broker puts in place matter just as much. Defcofx publishes its approach to several of these:
- Negative balance protection. Defcofx provides negative balance protection, so your account cannot fall below zero. Even in a sharp market move, you cannot lose more than the funds in your account.
- A documented funds-security approach. Defcofx sets out how it handles client funds in its published policy, which is worth reading before you deposit.
- Fast, transparent withdrawals. Withdrawal requests are processed within four business hours, including weekends, so your access to your own money is not held up.
You can read the specifics in Defcofx’s funds security and negative balance protection pages. These policies sit alongside the registration and describe the practical protections you get as a client.
If a fast-moving market pushed a losing trade past your account balance, negative balance protection resets the shortfall so you are not left owing money. Your downside is capped at what you put in.
Defcofx company and trading snapshot
Alongside its registration, here is what Defcofx offers as a broker. You can see the full picture on the why Defcofx page and in the trading conditions overview.
| Feature | What Defcofx offers |
|---|---|
| Spreads | From 0.3 pips |
| Leverage | Up to 1:2000 (indices capped at 1:200) |
| Commissions | Zero |
| Swap fees | Zero |
| Welcome bonus | 40% on first deposits of $1,000 or more |
| Withdrawals | Processed within 4 business hours, including weekends |
| Platform | MetaTrader 5 |
You have the details, the protections, and the checks. When you are ready, opening an account takes just a few minutes.
Open your live account →Frequently asked questions
Is Defcofx regulated?
Defcofx is registered in Saint Lucia under number 2024-00205, within the jurisdiction’s registration-based framework. It is not licensed by a tier-1 conduct regulator such as the FCA or CySEC. In short, it is a registered offshore broker rather than a tier-1 regulated one.
Where is Defcofx located?
Defcofx’s registered office is at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia. This is the official address tied to its registration.
What is Defcofx’s registration number?
The company registration number is 2024-00205, registered in Saint Lucia. You can use this number to verify the company independently.
Is my money safe with Defcofx?
Defcofx provides negative balance protection and publishes a funds-security policy, and it processes withdrawals within four business hours. As with any offshore-registered broker, there is no statutory compensation scheme behind your funds, so trade only with money you can afford to lose and read the policies first.
Does Defcofx offer negative balance protection?
Yes. Defcofx provides negative balance protection, which means your account cannot go below zero and you cannot lose more than your deposited funds. You can read the details on its negative balance protection page.
Which countries can trade with Defcofx?
Defcofx welcomes clients from a wide range of countries and offers multiple languages. Trading rules differ by country, though, so check that online forex and CFD trading is permitted where you live before opening an account.