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Rock Shield Capital Markets Forex broker specializes in providing foreign exchange trading services, the company's official website https://secure.ricsm..., the company's legitimate regulatory information AustraliaASICStraight Through Processing (STP) to enhance the security of the company's address Level 1, 254 Rundle Street, ADELAIDE SA 5000.

Rock Shield Capital Markets Forex Broker

Basic Information

Registered Region
Australia
Operating Period
--
Company Name
Rich Smart Finance
Abbreviation
Rock Shield Capital Markets
Company employee
--
Customer Service Email Address
info@rockshieldcm.com
Company address
Level 1, 254 Rundle Street, ADELAIDE SA 5000.
Keywords
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Rock Shield Capital MarketsReview SummaryFounded2024Registered Country/RegionAustraliaRegulationSuspicious CloneMarket InstrumentsForexPrecious metals & CommoditiesIndicesCFDsDemo Account✅LeverageUp to 1:500Spread1 pip onwards (Standard Account)Trading PlatformMT4Min Deposit/Customer SupportEmail: info@rockshieldcm.comOnline Chat: 24/7Social Media: Linkedin, Instagram, TwitterPhysical Address: Level 1, 254 Rundle Street, Adelaide, Australia 5000Rock Shield Capital Markets Information Rock Shield Capital Markets, incorporated in Australia in 2023, is a broker that mainly offers Forex, Metals & Commodities, Indices, CFDs, supports traders to use MT4, and 2 accounts. At present, the regulatory status of this brokerage is judged to be a suspected clone.Pros and ConsProsConsSupport 0 commissionSuspicious CloneSupport for MT4Charge a swap feeSupport spread 0 pip onwardsIs Rock Shield Capital Markets Legit?Regulated Country/RegionRegulated AuthorityASICRegulated EntityRICH SMART FINANCE PTY LTDLicense TypeStraight Through Processing(STP)License Number441277Current StatusSuspicious CloneWhat Can I Trade on Rock Shield Capital Markets? Rock Shield Capital Markets offers 50 forex pairs, 10 indices, 14 metals as well as commodities, and 5,000 CFDs.Tradable InstrumentsSupportedForex✔Precious metals & Commodities✔Indices✔CFDs✔Stocks❌Bonds❌ETF❌Account Types Rock Shield Capital Markets has two types of accounts: ECN Account and Standard Account. They have the same leverage, up to 1:500. The minimum transaction volume and the step lot are the same, both are 0.01.Account TypesECN AccountStandard AccountSpread0 pip onwards1 pip onwardsMin Order Volume0.010.01Step Lot0.010.01Commissions$7/LotZero CommissionSwapYesYes/NoMargin Call100%100%Stop Out50%50%LeverageForex – 1:500, Indices – 1:100, Commodities – 1:100Forex – 1:500, Indices – 1:100, Commodities – 1:100Rock Shield Capital Markets Fees The spreads of the ECN Account and the Standard Account are 0 pip onwards and 1 pip onwards, respectively. The Commission is $7/Lot, Zero Commission. Both charge swap fees.Trading Platform Rock Shield Capital Markets offers MT4 to traders, which can be used on mobile, web and desktop.Trading PlatformSupportedAvailable DevicesSuitable forMT4✔Mobile, Web, DesktopBeginnerMT5❌Deposit and Withdrawal Rock Shield Capital Markets has 6 payment methods: BANK TRANSFER, HiPAY, Tether, VISA, FASTPAYS, mastercard.

Rating Index

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Rock Shield Capital Markets Forex Broker - Complete Information Guide

  

1. Broker Overview

  Rock Shield Capital Markets is a multi-asset broker that specializes in forex and over-the-counter (OTC) trading. Established in 2022, the company is headquartered in Adelaide, South Australia, with additional offices in Dubai, UAE. The broker operates under the business name of Rich Smart Finance, which is a registered entity that covers global markets. As a regulated entity by the Australian Securities and Investments Commission (ASIC), Rock Shield Capital Markets offers a secure trading environment for its clients.

  The primary market served by Rock Shield Capital Markets includes retail and institutional traders, providing them with access to a diverse range of financial products. The company has made significant strides since its inception, focusing on creating a robust trading platform tailored to meet the needs of traders across various skill levels. With a commitment to transparency and professionalism, Rock Shield Capital Markets has established itself as a reputable player in the financial services sector.

  The business model of Rock Shield Capital Markets is centered around retail forex trading, offering clients a variety of trading instruments, including forex pairs, indices, commodities, and cryptocurrencies. The company's aim is to provide an exceptional trading experience by leveraging advanced technology and expert market analysis, making it a preferred choice for traders looking for reliable and efficient services.

  

2. Regulatory and Compliance Information

  Rock Shield Capital Markets is regulated by the Australian Securities and Investments Commission (ASIC), ensuring that it adheres to strict financial standards and practices. The regulatory number assigned to Rock Shield Capital Markets is 000441277, which reflects its compliance with ASIC regulations. The license is valid and covers a wide range of trading services, including forex, CFDs, and other financial instruments.

  The company operates under various legal entities in different regions, maintaining compliance with local laws and regulations. Client funds are kept in segregated accounts, ensuring that they are protected and not used for operational expenses. This segregation policy is a critical aspect of the broker's commitment to safeguarding investor capital.

  Furthermore, Rock Shield Capital Markets participates in an investor compensation scheme, which provides additional security for clients in the event of insolvency. The broker implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to prevent fraud and ensure the integrity of its operations. These compliance procedures help create a secure environment for all clients engaging in trading activities.

  

3. Trading Products and Services

  Rock Shield Capital Markets offers an extensive array of trading products, catering to the diverse needs of its clients. The broker provides access to over 50 forex pairs, including major, minor, and exotic currencies, allowing traders to engage in the world's most actively traded market. In addition to forex, clients can trade over 5,000 CFDs across various asset classes, including indices, commodities, stocks, and cryptocurrencies.

  The broker also focuses on providing a comprehensive selection of CFD products, which include:

  • Indices: Trade popular equity indices from American, European, Asian, and Australian markets.
  • Commodities: Access to trading in commodities such as oil and precious metals like gold and silver.
  • Cryptocurrencies: Trade major cryptocurrencies without the need for a digital wallet, allowing for leveraged trading.

  Rock Shield Capital Markets frequently updates its product offerings, ensuring that clients have access to the latest trading instruments. The broker's commitment to innovation means that new products are regularly introduced to meet the changing demands of the market.

  For retail clients, the broker provides tailored trading services, while institutional clients benefit from customized solutions that include white-label offerings and asset management services.

  

4. Trading Platforms and Technology

  Rock Shield Capital Markets supports the widely used MetaTrader 4 (MT4) trading platform, known for its reliability and comprehensive trading tools. The MT4 platform allows traders to execute trades efficiently, conduct technical analysis, and utilize automated trading strategies through Expert Advisors (EAs). The broker also offers a web-based trading platform, enabling clients to trade directly from their browsers without the need for additional software.

  In addition to MT4, Rock Shield Capital Markets provides a mobile trading application compatible with both iOS and Android devices. This mobile app allows traders to manage their accounts and execute trades on the go, ensuring that they never miss an opportunity in the fast-paced forex market.

  The broker operates on an ECN (Electronic Communication Network) execution model, which facilitates direct market access and ensures tight spreads for traders. The company's advanced technology infrastructure, including high-speed servers located in strategic locations, enhances trade execution speed and reliability.

  Rock Shield Capital Markets also supports API access, allowing traders to implement automated trading solutions and connect their trading systems to the broker's platform for seamless trading experiences.

  

5. Account Types and Trading Conditions

  Rock Shield Capital Markets offers a variety of account types to cater to different trading preferences and capital levels. The main account types include:

  •   Standard Account:

  •   Minimum deposit: $500

  •   Spreads: Starting from 1 pip

  •   Commission: Zero commission

  •   Leverage: Up to 1:500 for forex trading

  •   Minimum trade size: 0.01 lots

  •   ECN Account:

  •   Minimum deposit: $1,000

  •   Spreads: Starting from 0 pips

  •   Commission: $7 per lot

  •   Leverage: Up to 1:500 for forex trading

  •   Minimum trade size: 0.01 lots

  The broker also provides Islamic accounts for clients who require Sharia-compliant trading conditions. Additionally, a demo account is available, allowing traders to practice their strategies in a risk-free environment before committing real capital.

  The leverage ratios offered by Rock Shield Capital Markets vary across different asset classes, with forex trading allowing for higher leverage compared to commodities and indices. The broker's approach to overnight fees and swap rates is transparent, ensuring that clients are well-informed about any costs associated with holding positions overnight.

  

6. Fund Management

  Rock Shield Capital Markets supports multiple deposit methods to facilitate seamless funding of trading accounts. The available deposit methods include:

  • Bank Wire Transfers
  • Credit/Debit Cards
  • E-wallets (such as Skrill and Neteller)

  The minimum deposit requirement varies by account type, with the standard account starting at $500 and the ECN account requiring $1,000. Deposits are processed quickly, typically within 24 hours, ensuring that clients can start trading without unnecessary delays.

  There are no deposit fees for most methods, although clients should check with their payment provider for any potential charges. Withdrawal methods include bank transfers and e-wallets, with processing times generally ranging from 1 to 3 business days.

  The broker's withdrawal fees are competitive, with no charges for most methods. However, clients are encouraged to review the specific fee structure applicable to their chosen withdrawal method to avoid any surprises.

  

7. Customer Support and Educational Resources

  Rock Shield Capital Markets prides itself on providing excellent customer support to its clients. Support channels include:

  • Phone Support
  • Email Support
  • Live Chat
  • Social Media Platforms

  The customer support team is available 24/5, covering major trading hours across various time zones. The broker offers multilingual support, catering to clients from diverse backgrounds and ensuring effective communication.

  To enhance the trading experience, Rock Shield Capital Markets provides a range of educational resources, including:

  • Webinars: Regular online seminars covering various trading topics and strategies.
  • Tutorials: Step-by-step guides on using the trading platform and understanding market dynamics.
  • eBooks: Comprehensive trading guides that provide valuable insights and tips for traders.

  Additionally, the broker offers market analysis services, including daily updates, news articles, and research reports, helping traders stay informed about market trends and developments. Various trading tools, such as calculators and economic calendars, are also available to assist traders in making informed decisions.

  

8. Regional Coverage and Restrictions

  Rock Shield Capital Markets primarily serves clients in Australia, Asia, Europe, and the Middle East, providing access to a global trading environment. The broker has established regional offices in Adelaide, Australia, and Dubai, UAE, enabling it to cater to a diverse clientele.

  However, there are certain countries and regions from which Rock Shield Capital Markets does not accept clients. These include jurisdictions with stringent regulatory restrictions or where the broker's services may not be compliant with local laws. Specific restrictions may apply to clients from countries such as the United States, Canada, and certain European nations.

  The broker is committed to ensuring compliance with all applicable regulations and may impose additional restrictions based on evolving legal frameworks in various regions. Clients are encouraged to review the terms and conditions relevant to their location before opening an account.

  In summary, Rock Shield Capital Markets stands out as a comprehensive forex broker that prioritizes client security, regulatory compliance, and innovative trading solutions. With a commitment to transparency and professional service, the broker provides an excellent trading environment for both novice and experienced traders alike. Join Rock Shield Capital Markets today and take control of your financial future with confidence.

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Latest Reviews

José G

José G

Spain

As a scalper, I'm only focused on forex. I love that they offer over 50 currency pairs! Plus, I hate those big brokers with a million rules. This one is perfect for me because it doesn't restrict my trading strategies.

Positive

2024-07-22

Tom Harris

Tom Harris

New Zealand

Traded with this six months ago, generally, I have a good experience, but it sometimes lags. The advanced charting tools are a big plus. Unfortunately, this broker has lost its reputation, feel sorry to hear that...😐😐😐

37130

2024-06-28

nhuj

nhuj

Argentina

This is a great broker, great conditions and fills, great support and service, super fast deposit and withdrawals. Only fault that is leading to leaving a dissatisfied review is the fact that if you are doing a good job trading and they cant hedge your risk (e.g. trading blocks, sharp flow, news trades, quick scalps) they will say you are outside of heir risk appetite and close down your account like they have done with mine, this time round seems like an annual purge of profitable accounts at beginning of year, oh well!

37130

2024-04-17

Rock Shield Capital Markets Forex Broker has an overall rating of 1.27, Regulatory Index 0.00, License Index 0.00, Business Index 5.15, Software Index 4.00 Risk Control Index 0.00.
Rock Shield Capital Markets