Registration
Advertiser Disclosure

Where Is Defcofx Legal? Banned & Supported Countries

Mikhail Vnuchkov
Written by:
Mikhail Vnuchkov
Dan Blystone
Reviewed by:
Dan Blystone
Chinmay Soni
Fact-checked by:
Chinmay Soni
Updated:
June 04, 2026
flag
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
Logo
8.8 /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
ZForex
Logo
7.89 /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
ZForex
Regulation Not regulated
EUR/USD 0.1 pips
Plus500
Logo
7.54 /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
Regulation Tier-1
EUR/USD 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.

Find a Broker Legally Operating in Your Country

Still looking for a reliable broker? With this tool, it’s easy to find one that operates legally in your country. You can choose and compare brokers by the criteria you’re interested in, all meeting high standards of safety, regulation, and trading conditions.

Find the best broker for your trading style

We match you with the right broker using data-driven analysis of fees, conditions, and regulation.

  • Select your country of residence
  • Choose your trading type
  • Answer a few questions
  • Get a personalized broker shortlist
Find my best broker
  • Takes under 30 seconds
  • No registration required
  • 3,800+ brokers reviewed
  • 250+ verified data points

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

Why trust us

Independent analysis, real experts, and transparent methodology

  • 15+ years of independent market analysis

  • 140+ evaluation criteria, reviewed by 50+ experts

  • Data-driven reviews of 200+ platforms, updated regularly

  • 20+ industry awards & a wide network of global media partners

Learn more about our methodology and editorial policies.

why trust us why trust us why trust us why trust us why trust us why trust us

Expert Advice

Anton Kharitonov
Anton Kharitonov
Chief Analytics Officer

  • Another key factor is the FATF (Financial Action Task Force) list of high-risk and sanctioned jurisdictions. Most reputable brokers block account openings from countries on the FATF grey or black list, such as North Korea, Iran, and Myanmar. This policy is not a matter of discrimination but compliance with international anti-money-laundering (AML) and counter-terrorist-financing (CTF) standards. Clients residing in these regions are typically required to verify eligibility through additional documentation or may be refused service altogether.

Editors' Top Picks and Insights

All news

Team that worked on the article

Mikhail Vnuchkov
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.

Learn about our editorial policies
Dan Blystone
Dan Blystone
Senior English Editor

Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.

Chinmay Soni
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.

Table of Contents
Who We Are
Business Solutions
For Users
TU News
Popular Sections
Disclosures
CONTACT US
Legal
We are in Social Media
© IAFT Ltd., 2010-2026 All rights to the website are owned by IAFT Ltd.,
Registration number - HE 336186
  • Risk disclosure:

    Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit. Trading in futures and options carries substantial risk of loss and is not suitable for every investor.

    That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.

  • Disclaimer:

    Traders Union (TradersUnion.com) shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it.

    Forex market, CFD and cryptocurrency trading involves high risks and is not suitable for everyone. Before investing money, you need to adequately assess the level of your expertise and be aware of the risks, particularly in the context of trading with leverage. The information on this website is not intended for distribution or use by any person in any country or jurisdiction, where such distribution or use would be in violation of the local law or regulation. Any payments by Traders Union (TradersUnion.com) to the users of our website shall be legally interpreted solely as an incentive on our part for the activity on the website in the form of a deduction of a part of the advertising income; they shall not be a subject of any claims of our users or our obligations, a subject of disputes, as well as cannot be considered in relation to the services provided to users by brokers, both in fact and in their completeness and volume. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company. All reviews, both negative and positive are published on the website without verification of their reliability; only offensive reviews that call for violence or any kind of discrimination and also reviews published from one group of IP addresses are moderated and removed. The authors of the materials shall be fully liable for the accuracy, completeness and impartiality of any information in the articles and reviews, including in the context of their use or mention of any brand names or trademarks. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. All evaluations and indicators on the website express the subjective opinion of the authors of the reviews (articles) and shall not be viewed as accurate statements and be a subject of disputes and claims against Traders Union.

  • Disclosure of advertisers and revenues:

    All the services on the Tradersunion.com website are free for you to use. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.

    Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion.com, which the website earns in the form of advertising payments. There are two types of advertising services on the website — direct advertising or partner (broker) participation programs. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker. The work of our content authors and research groups does not involve any interaction with our advertisers and they do not have access to data concerning the amount of advertising purchased. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you for free.

onepercentfortheplanet.org World Association of News Publishers https://gdpr.eu/ GDPR