Trading conditions
Execution & Trading Conditions
At DefcoFX Limited, we are committed to fostering a transparent, fair, and client-centric trading environment. Our core philosophy is rooted in the belief that every trader should have the freedom to implement their strategies without unnecessary restrictions. As a true STP/ECN broker, we provide direct market access with real-time pricing, ensuring that your trades are executed accurately and efficiently.
1. Execution Policy
We offer market execution across all trading instruments. Orders are filled at the best available market price, aligning with real-time liquidity conditions. Our system is built to deliver fast, reliable execution, enabling traders to capitalize on market movements without delays or requotes.
2. Expert Advisors (EAs)
DefcoFX Limited fully supports the use of Expert Advisors (EAs) and other algorithmic strategies. Whether you’re using a custom-built or third-party EA, you can trade with complete flexibility. Please note that any trades executed via EAs may experience slippage due to system adjustments necessary to preserve liquidity and ensure platform stability. Clients are responsible for monitoring the performance of their EAs to prevent malfunctions or misexecutions.
3. News Trading
We permit news trading, giving traders the opportunity to benefit from high-impact economic releases. While leverage generally remains consistent during news events, we may implement temporary adjustments as outlined in the Leverage section below. This is part of our risk management approach to maintain stability during volatile market conditions.
Slippage may occur during these periods due to sudden price movements.
4. Market Execution & Pending Orders
As we operate on a market execution model, all orders—including pending ones—are executed at the current available market price. During periods of high volatility or low liquidity, such as market gaps or major news releases, slippage may occur. This is a standard feature of all ECN/STP trading environments.
5. Slippage
Under normal trading conditions, DefcoFX guarantees no slippage. However, during market gaps—such as those that occur over weekends or after trading breaks—pending orders may be filled at the first available market price rather than your predefined levels.
Example:
If you place a buy order at 1.1100 with a stop-loss at 1.1080, and the market closes at 1.1100 but reopens at 1.1000, your stop-loss will be executed at 1.1000, not 1.1080, as that price was never available in the market.
This reflects our STP/ECN model, which prioritizes real-time pricing and transparent trade execution in accordance with global exchange conditions.
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.
This measure helps manage exposure, mitigate volatility, and safeguard your capital from unexpected market swings.
Details regarding upcoming leverage changes can be found in our Leverage Policy section.
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. As a true ECN broker, spread widening may occur during low liquidity periods (e.g., New York session close). Any liquidation resulting from such spread widening is a direct result of market conditions and is beyond our control.
9. Client Support
Our expert support team is available 24/7 to assist with platform issues, order execution inquiries, or any questions related to your trading experience. We are committed to helping you succeed in every aspect of your trading journey.
By adhering to these fair and transparent trading conditions, DefcoFX Limited continues to build a reliable, client-first trading environment where your strategies and decisions are respected and empowered.
Trade Reporting & Dispute Resolution
At DefcoFX Limited, we are committed to maintaining a fair and transparent trading environment. To uphold the integrity of our platform and ensure accurate trade execution, we have established clear guidelines for reporting trading issues.
Timely Reporting of Trade Issues
If you experience any discrepancies related to trade execution—such as incorrect pricing or issues opening or closing a position—you must report the matter to our support team within 2 hours of the incident. Reports submitted after this timeframe will not be eligible for investigation.
Review and Resolution
DefcoFX reserves the right to review, reverse, or reprocess trades with incorrect executions within a 30-day period if an error is identified or if it is determined that a client has knowingly benefited from pricing discrepancies or technical faults.
This policy is in place to ensure fairness and accountability for all participants on our platform and to protect the interests of both the client and the company.
Margin Calls & Risk Management
At DefcoFX Limited, we are dedicated to maintaining a robust and transparent risk management framework to protect our clients and ensure trading stability across all accounts.
Automatic Liquidation Policy
Clients should be aware that if their margin level falls below 20%, our system will automatically initiate liquidation of open positions without prior notice. This is a standard procedure designed to protect both the client and the firm from excessive losses.
Margin Call Thresholds
When an account reaches the Margin Call warning level, it is possible for the margin level to temporarily exceed 100% due to market movements. In such cases, the system will reset the Margin Call status. However, if the margin level drops below the threshold again, the Margin Call process will restart.
All position closures are executed at the best available market prices at the time of liquidation.
Client Responsibility
Clients are strongly encouraged to actively manage their risk by placing Stop Loss orders to help minimize potential losses.
Additionally, DefcoFX may, at its discretion, contact clients to request additional collateral if necessary. This is done on a best-effort basis and does not constitute a commitment to make such requests in the future, nor does it limit our right to liquidate positions when required.
Our goal is to promote responsible trading and ensure that all clients operate within a secure and well-regulated environment.
Our Payment Methods
