Rockfort Markets broker Accounts

rockfort markets Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: rockfort markets Account Types Overview

rockfort markets Account Types Explained

Rockfort Markets offers a variety of account types tailored to different trading needs. Below is an overview of the available accounts:

1. Standard Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Floating spreads starting from 0.9 pips, no commission.
• Leverage Options: Up to 1:100.
• Key Features: Ideal for beginners, offers access to a wide range of trading instruments.
• Target User Profile: Beginner to intermediate traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. ECN Account

• Minimum Deposit Requirement: $20,000
• Spread/Commission Structure: Spreads from 0.6 pips, commission of $7 per lot.
• Leverage Options: Up to 1:100.
• Key Features: Direct market access with lower spreads, suitable for high-frequency trading.
• Target User Profile: Advanced traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard Account, no swap fees.
• Leverage Options: Up to 1:100.
• Key Features: Compliant with Islamic finance principles, no interest charges.
• Target User Profile: Muslim traders seeking Sharia-compliant trading options.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Up to 1:100.
• Key Features: Practice trading without risk, access to all trading features.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate Traders: Standard Account
• Advanced Traders: ECN Account
• Muslim Traders: Islamic Account

Part 2: rockfort markets Account Features Comparison

Detailed rockfort markets Account Features

When comparing the features across different account types at Rockfort Markets, the following aspects are considered:

• Minimum Deposit:

• Standard: $500

• ECN: $20,000

• Islamic: $500

• Demo: N/A

• Maximum Leverage:

• All account types offer leverage up to 1:100.

• Spreads (Typical/Minimum):

• Standard: 0.9 pips

• ECN: 0.6 pips

• Islamic: 0.9 pips

• Demo: 0.9 pips

• Commission Fees:

• Standard: $0

• ECN: $7 per lot

• Islamic: $0

• Demo: $0

• Lot Size:

• All accounts allow trading from 0.01 lots.

• Available Trading Platforms:

• All accounts support MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

• Execution Type:

• Standard: Market execution

• ECN: Market execution

• Islamic: Market execution

• Demo: Market execution

• Islamic Account Availability:

• Available for Standard and Islamic accounts.

• Swap-Free Options:

• Offered for Islamic accounts.

• Demo Account Features:

• Virtual balance to practice trading strategies.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• No commission fees.

• Suitable for beginners.

• ECN Account:

• Lower spreads.

• Direct market access.

• Ideal for high-frequency trading.

• Islamic Account:

• Compliant with Sharia law.

• No swap fees.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free trading environment.

• Access to all trading features.

• Ideal for practice and strategy testing.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited features for advanced trading.

• ECN Account:

• High minimum deposit.

• Commission fees can add to trading costs.

• Islamic Account:

• Limited to specific trading conditions.

• May not be suitable for all traders.

• Demo Account:

• Virtual funds may not reflect real market conditions.

• Limited duration for practice.

Part 3: rockfort markets Account Opening Requirements

rockfort markets Account Registration Requirements

To open an account with Rockfort Markets, the following eligibility criteria must be met:

• Age Requirements:

• Must be at least 18 years old.

• Geographic Restrictions:

• Rockfort Markets accepts clients globally, excluding the USA, China, Cuba, Iran, Laos, Mozambique, Myanmar, North Korea, Sudan, and Syria.

• Identity Verification Documents Needed:

• Government-issued ID (passport or national ID).

• Proof of address (utility bill or bank statement).

• Proof of Residence Requirements:

• Recent documents showing the client's name and address.

• Additional Documentation for Professional Accounts:

• May require financial statements or proof of trading experience.

• KYC/AML Compliance Procedures:

• Clients must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

• Verification Time Frames:

• Account verification typically takes 1-3 business days.

Part 4: rockfort markets Account Opening Process

Step-by-Step rockfort markets Account Opening Guide

1. Visit Website and Click Registration:

• Go to the Rockfort Markets website and click on the registration button.

1. Personal Information Entry:

• Fill in personal details such as name, email, and phone number.

1. Choose Account Type:

• Select the desired account type (Standard, ECN, Islamic, or Demo).

1. Set Trading Preferences:

• Indicate trading preferences such as leverage and trading platform.

1. Document Upload:

• Upload required identity verification documents.

1. Account Verification:

• Wait for the verification process to complete.

1. Fund Your Account:

• Deposit funds using available payment methods.

1. Start Trading:

• Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, with minor layout adjustments for mobile usability.

Common Registration Issues and Solutions

• Issue: Document upload failure.

• Solution: Ensure documents are clear and in the correct format.

• Issue: Account verification delays.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Clients can request to change account types through customer support after meeting the minimum deposit requirements for the desired account.

Part 5: rockfort markets Demo Account Information

rockfort markets Demo Account Guide

• Demo Account Features and Benefits:

• Allows traders to practice without financial risk.

• Access to all trading instruments and features.

• How to Open a Demo Account:

• Follow the same registration process, selecting the demo account option.

• Demo Account Limitations:

• Virtual funds may not reflect actual trading conditions.

• Virtual Balance Amount:

• Typically, demo accounts come with a virtual balance of $10,000.

• Demo vs Live Account Differences:

• Live accounts involve real money and market conditions, while demo accounts are for practice.

• Duration/Expiry of Demo Accounts:

• Demo accounts usually expire after 30 days unless extended.

Part 6: rockfort markets Islamic Account Details

rockfort markets Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Rockfort Markets offers Islamic accounts that comply with Sharia law.

• Eligibility Requirements:

• Must be a Muslim trader seeking a swap-free trading environment.

• Differences from Standard Accounts:

• No swap fees applied to trades.

• How to Apply for Islamic Account:

• Select the Islamic account option during the registration process.

• Restrictions or Special Conditions:

• Must adhere to Islamic finance principles.

FAQs – rockfort markets Account Types & Opening

1. What account types does rockfort markets offer？

• Rockfort Markets offers Standard, ECN, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $500, ECN: $20,000, Islamic: $500, Demo: N/A.

1. How long does rockfort markets account verification take？

• Verification typically takes 1-3 business days.

1. Does rockfort markets offer demo accounts？

• Yes, a demo account is available for practice trading.

1. Can I have multiple account types with rockfort markets？

• Yes, clients can have multiple accounts as long as they meet the requirements.

1. Does rockfort markets offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available.

1. What documents do I need to open a rockfort markets account？

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can request to change account types through customer support.