Where Is Defcofx Legal? Banned & Supported Countries

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Defcofx isn't available in US
Defcofx REVIEW

For residents of this country (United States), Defcofx is not available and does not accept clients. Below are the top three highest-rated brokers available there in 2026 — the best alternatives to consider.

Trading.com USA
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6.88 /10
TU Overall Score is an overall broker rating based on key factors such as safety, fees, trading conditions, platforms, and customer experience. Scores range from 0.01 to 9.99 — higher values indicate a more reliable and competitive broker. TU Methodology
Trading.com USA
Regulation Tier-1
EUR/USD pips
Plus500
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6.67 /10
TU Overall Score is an overall broker rating based on key factors such as safety, fees, trading conditions, platforms, and customer experience. Scores range from 0.01 to 9.99 — higher values indicate a more reliable and competitive broker. TU Methodology
Plus500
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OANDA
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6.63 /10
TU Overall Score is an overall broker rating based on key factors such as safety, fees, trading conditions, platforms, and customer experience. Scores range from 0.01 to 9.99 — higher values indicate a more reliable and competitive broker. TU Methodology
OANDA
Regulation Tier-1
EUR/USD 0.15 pips

Defcofx Available Countries List

Note! We regularly update the information about Defcofx regional restrictions. However, the broker’s access policy may change from time to time. For the most up-to-date details, please contact Defcofx customer support directly.

According to publicly accessible information and the broker’s regional guidelines, the following countries are where Defcofx currently provides its services: flag India flag Indonesia flag Malaysia flag Ukraine flag Brazil flag Afghanistan flag Albania flag Argentina flag Armenia flag Azerbaijan flag Bahamas flag Bahrain flag Bangladesh flag Botswana flag Brunei flag Cambodia flag Chile flag Colombia flag Costa Rica flag Dominican Republic flag Ecuador flag Egypt flag Eswatini flag Ethiopia flag Georgia flag Ghana flag Greece flag Hong Kong flag Iran, Islamic republic flag Iraq flag Jamaica flag Jordan flag Kazakhstan flag Kuwait flag Kyrgyzstan flag Laos flag Libya flag Luxembourg flag Madagascar flag Malta flag Mauritius flag Mexico flag Moldova flag Mongolia flag Montenegro flag Morocco flag Myanmar flag Nepal flag North Macedonia flag Oman flag Palestine flag Papua New Guinea flag Peru flag Puerto Rico flag Qatar flag Rwanda flag Saudi Arabia flag Serbia flag Slovenia flag Somalia flag Sri Lanka flag Taiwan flag Tajikistan flag Thailand flag Trinidad and Tobago flag Tunisia flag Turkey flag UAE flag Uganda flag Uzbekistan flag Zambia flag Zimbabwe

Note!

Although Defcofx holds a Tier-3 license, this level of regulation involves limited investor protection. Consequently, some countries may restrict the broker’s operations. The information above is compiled from publicly available information provided by the broker.

Defcofx Restricted Countries List

Note! We regularly update the information about Defcofx regional restrictions. However, the broker’s access policy may change from time to time. For the most up-to-date details, please contact Defcofx customer support directly.

According to publicly accessible information and the broker’s regional guidelines, the following countries are where Defcofx currently does not provide its services: flag United States flag United Kingdom flag Canada flag Poland flag Germany flag Spain flag France flag Nigeria flag Italy flag South Africa flag Pakistan flag Algeria flag Angola flag Australia flag Austria flag Belarus flag Belgium flag Bolivia flag Bulgaria flag Cameroon flag China flag Congo flag Cote d'Ivoire flag Croatia flag Cuba flag Cyprus flag Czechia flag DR Congo flag Denmark flag El Salvador flag Estonia flag Finland flag Haiti flag Hungary flag Ireland flag Israel flag Japan flag Kenya flag Korea flag Latvia flag Lebanon flag Lesotho flag Lithuania flag Mozambique flag Namibia flag Netherlands flag New Zealand flag Norway flag Panama flag Paraguay flag Philippines flag Portugal flag Reunion flag Romania flag Singapore flag Slovakia flag Sweden flag Switzerland flag Syria flag Tanzania flag Uruguay flag Venezuela flag Vietnam flag Yemen

In addition, Defcofx — like most international brokers — does not offer services in countries or territories subject to international sanctions or included on the FATF high-risk list.

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In Which Countries is Defcofx Regulated? Is Defcofx Safe?

Defcofx is a Tier-3 regulated broker, authorized by regulators in offshore or less strict jurisdictions. Such licenses allow operational flexibility but offer limited investor protection compared to Tier-1 or Tier-2 authorities.

The table below presents details about Defcofx regulatory framework and the countries of registration.

Defcofx countries of regulation
FSRA FSRA FSRA Saint Lucia oversees forex brokers with basic licensing requirements and limited supervision. Does not offer investor compensation or enforce strict market conduct rules. Considered a light offshore regulator with minimal investor protection.
Full Name Financial Services Regulatory Authority Country Saint Lucia Protection Fund No specific fund Regulation level Tier-3

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Expert Advice

Anton Kharitonov
Chief Analytics Officer
  • In my experience, the first step when evaluating a broker should always be to confirm under which legal entity your account will be registered. Many brokers operate through several entities — one may be licensed in the EU, another in an offshore jurisdiction. These entities often follow different rules and maintain separate client lists depending on local regulations. Understanding which branch you’re signing up with helps determine your level of protection and whether the broker is legally permitted to offer services in your country.

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Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income.

Ciaran Ryan
Editor at Traders Union

Ciaran Ryan is a veteran financial journalist based in South Africa, where he covers cryptocurrency, mining, stock markets, and governance for Moneyweb. He also hosts the weekly Moneyweb Crypto Podcast.

Chinmay Soni
Head of Fact-Checking Department

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.