ROCKFORT Forex Broker

Rockfort Forex Broker - Complete Information Guide

1. Broker Overview

　　Rockfort Markets, established in 2018, operates as a financial services provider based in New Zealand. The company is privately owned and caters primarily to retail clients interested in trading various financial instruments. Over the years, Rockfort has developed a reputation for providing a range of trading services, including Forex and Contracts for Difference (CFDs).

　　The company has made significant strides since its inception, focusing on creating a user-friendly trading environment. It operates under the regulatory oversight of the Financial Markets Authority (FMA) in New Zealand, holding a financial service provider license (FSP 509766). This regulatory framework aims to ensure that Rockfort maintains high standards of conduct and client fund protection.

　　Rockfort Markets has positioned itself in the competitive online trading landscape, offering services to a diverse clientele that includes both novice and experienced traders. The firm provides an array of trading products, including Forex, commodities, indices, and cryptocurrencies. Its business model revolves around retail Forex trading, which allows individual investors to engage in the financial markets with relative ease.

2. Regulatory and Compliance Information

　　Rockfort Markets is regulated by the Financial Markets Authority (FMA) in New Zealand, which is responsible for overseeing financial service providers in the region. The license number for Rockfort is FSP 509766. This license grants the broker the authority to operate as a derivatives issuer, ensuring compliance with local laws and regulations.

　　The regulatory license is effective as long as Rockfort adheres to the standards set forth by the FMA. The broker is committed to maintaining transparency and proper governance, which includes the segregation of client funds. This means that client deposits are kept in separate accounts from the companys operational funds, reducing the risk of misappropriation.

　　Additionally, Rockfort Markets employs Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to protect against fraud and ensure that client identities are verified. This compliance with regulatory standards is crucial in fostering trust and security in the trading environment.

3. Trading Products and Services

　　Rockfort Markets offers a comprehensive range of trading products, primarily focusing on Forex and CFDs. The broker provides access to over 50 Forex currency pairs, including major pairs such as EUR/USD, GBP/USD, and USD/JPY. Additionally, traders can engage in trading CFDs across various asset classes, including:

• Indices: Access to popular indices such as the S&P 500, FTSE 100, and ASX 200.
• Commodities: Trading options include gold, silver, oil, and natural gas.
• Cryptocurrencies: Rockfort allows trading in major cryptocurrencies like Bitcoin, Ethereum, and Litecoin.

　　The broker regularly updates its product offerings to include new instruments, ensuring that traders have access to a diverse range of trading options. This commitment to expanding its product suite helps Rockfort cater to the evolving needs of its clients.

4. Trading Platforms and Technology

　　Rockfort Markets supports the widely-used MetaTrader 4 (MT4) platform, known for its robust features and user-friendly interface. The platform provides traders with advanced charting tools, a variety of technical indicators, and support for algorithmic trading through Expert Advisors (EAs).

　　In addition to MT4, Rockfort also offers the Trader Workstation (TWS) platform, which allows traders to access multiple markets and provides comprehensive tools for analysis and execution. The TWS platform is designed for those who wish to trade a wide array of financial instruments from a single account.

　　Both platforms are available in mobile versions for iOS and Android, enabling traders to manage their accounts and execute trades on the go. Rockfort employs a Straight-Through Processing (STP) execution model, ensuring that trades are executed quickly and efficiently without dealer intervention.

5. Account Types and Trading Conditions

　　Rockfort Markets provides various account types to meet the diverse needs of its clients. The primary account types include:

• 　　Standard Account: Requires a minimum deposit of $200. This account offers competitive spreads starting from 0.9 pips and commission-free trading, making it suitable for beginner traders.

• 　　Pro Account: Designed for more experienced traders, this account requires a minimum deposit of $2,000 and offers tighter spreads starting from 0.0 pips. A commission of $6 per lot is charged on trades.

• 　　Islamic Account: Available upon request, this account complies with Islamic finance principles by offering swap-free trading.

　　Rockfort also provides a demo account for new traders to practice their strategies without risking real money. The broker offers leverage of up to 1:500, allowing traders to control larger positions with a smaller capital outlay. The minimum trade size is 0.01 lots, and overnight fees may apply for positions held beyond the trading day.

6. Funds Management

　　Rockfort Markets supports various deposit methods, including:

• Bank Wire Transfers: Available for both local and international transactions.
• Credit/Debit Cards: Accepts major cards such as Visa and MasterCard.
• E-wallets: Options include Poli and Bitwallet.

　　The minimum deposit requirement varies by account type, with the standard account starting at $200. Deposits are processed quickly, with most transactions completed within one business day. However, credit card deposits may incur a 3% fee.

　　Withdrawals can be made through similar methods, with processing times typically ranging from 24 to 48 hours. Withdrawals to New Zealand bank accounts are free, while international withdrawals incur a $15 fee. Rockfort also implements an inactivity fee of $20 NZD per month for accounts that remain dormant for six months or more.

7. Customer Support and Educational Resources

　　Rockfort Markets offers customer support through multiple channels, including:

• Phone: Available during business hours.
• Email: For inquiries and assistance.
• Live Chat: Instant support for urgent queries.
• Social Media: Active on platforms like Facebook and Twitter.

　　The support team operates from 9 AM to 5:30 PM NZST, Monday to Friday, providing assistance in English and Chinese. The broker also offers a variety of educational resources, including trading guides, webinars, and market analysis to help traders enhance their skills and knowledge.

8. Regional Coverage and Restrictions

　　Rockfort Markets primarily serves clients from New Zealand and other international markets, but it does not accept clients from certain countries, including the United States, China, and North Korea. The broker's services are designed to cater to a global audience, but regulatory restrictions limit its operations in specific jurisdictions.

　　In summary, while Rockfort Markets provides a range of trading products and services supported by a robust platform, potential clients should remain cautious due to the regulatory landscape and the inherent risks associated with trading in the Forex and CFD markets.