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ROCKFORT Forex Broker provides real users with * positive reviews, * neutral reviews and 3 exposure review!

ROCKFORT Broker Review

1.48

WikiFX monitor

Business

Influence E

License

No license

ROCKFORT Review 3

Latest All(3) Exposure(3)
Exposure
I was deceived

Because the platform personnel are unwilling to teach me the operating system, I can only deposit funds, but I really can't withdraw funds, and in the end I can't contact them, so I won't dare to invest next time. Everyone~ If you don't understand investment before, be careful not to encounter it.

FX2001906668
2022-06-09
Exposure
I was scammed

Because the platform staff didn't teach me the operating system, I can only deposit, so I really can't withdraw and I still can't get in touch with them~ So next timem I don't dare to run into the investment everyone~ If you don't understand the investment, be careful not to encounter it .

FX2001906668
2022-05-20
Exposure
Unable to withdraw. And they are talking a load of rubbish

I just deposited $1,800. I viewed the comments of FXCN and knew this broker changed its name to 111. They got close to u and became your friends. But then they would ask u to deposit $200. And then at least $1,000, $3,000 and $5,000. They would call u and chat with u to beguile u into depositing funds. The customer service said I had to pay 8% tax to withdraw funds when I was going to withdraw funds. So I know I can’t get my money back. Please open your eyes before you invest.

FX1964396480
2021-03-24

  

Rockfort 2025 Review: Everything You Need to Know

  Summary: Rockfort Markets has garnered mixed reviews from users and experts alike. While it offers competitive leverage and a variety of trading instruments, concerns about its regulatory status and customer service persist. Key features include the availability of the MetaTrader 4 platform and a minimum deposit requirement of $200.

  Note: The existence of different entities operating under the Rockfort name across various jurisdictions raises concerns about transparency and regulatory compliance. This review synthesizes information from multiple sources to provide a balanced perspective.

  

Ratings Overview

Category Score (out of 10)
Account Conditions 7
Tools and Resources 6
Customer Service and Support 5
Trading Experience 6
Trustworthiness 4
User Experience 5

  We evaluate brokers based on user feedback, expert analysis, and factual data from reliable sources.

  

Broker Overview

  Founded in 2018, Rockfort Markets is based in New Zealand and is regulated by the Financial Markets Authority (FMA). The broker primarily offers trading through the popular MetaTrader 4 platform, catering to a wide range of assets including forex, commodities, indices, and cryptocurrencies. With a minimum deposit set at $200, Rockfort aims to provide accessible trading conditions for both novice and experienced traders.

  

Detailed Review

  

Regulatory Landscape

  Rockfort Markets operates under the regulation of the FMA in New Zealand, which is a positive sign for potential traders. However, some sources indicate that there are concerns about the broker's legitimacy, with reports of it being associated with unregulated entities. This inconsistency in regulatory compliance should be carefully considered by potential clients (source).

  

Deposit/Withdrawal Options

  Rockfort Markets allows deposits and withdrawals in multiple currencies, including USD and NZD. Payment methods include bank wire transfers, credit/debit cards, and e-wallets like Bitwallet. However, users have reported delays and complications with withdrawals, particularly for international transactions, raising concerns about the efficiency of their payment processing system (source).

  

Minimum Deposit

  The minimum deposit requirement for a standard account with Rockfort is $200, which is relatively low compared to some competitors. This makes it accessible for new traders looking to start with a modest investment. However, the pro account requires a minimum deposit of $2,000, which may deter less experienced traders from exploring advanced trading options (source).

  

Bonuses and Promotions

  Currently, Rockfort Markets offers a 20% deposit bonus for new traders, which is an attractive incentive for those looking to maximize their initial capital. However, the lack of ongoing promotions or loyalty programs may limit the broker's appeal to long-term traders (source).

  

Tradable Asset Classes

  Rockfort Markets provides a diverse range of trading instruments, including over 50 forex pairs, commodities like gold and silver, indices, and cryptocurrencies. This variety allows traders to diversify their portfolios and employ various trading strategies. However, some users have expressed concerns about the quality of execution and the spreads offered, which can vary widely depending on market conditions (source).

  

Costs (Spreads, Fees, Commissions)

  Rockfort Markets operates on a spread-based pricing model. For standard accounts, spreads for major forex pairs range from 0.9 to 1.4 pips, while minor pairs can have spreads from 1.2 to 5.0 pips. Pro accounts benefit from tighter spreads starting at 0.0 pips, but they incur a commission of $6 per lot traded. Additionally, users have reported a 3% fee for credit/debit card deposits, which may deter some traders from using this payment method (source).

  

Leverage

  The maximum leverage offered by Rockfort Markets is up to 1:500, which is quite generous compared to many other brokers. This high leverage can be appealing to traders looking to maximize their potential returns. However, it also increases the risk of significant losses, especially for inexperienced traders who may not fully understand the implications of trading with high leverage (source).

  

Allowed Trading Platforms

  Rockfort Markets primarily utilizes the MetaTrader 4 platform, which is widely regarded for its user-friendly interface and robust trading features. Additionally, the broker offers the Trader Workstation platform for more advanced trading capabilities. However, the absence of a proprietary platform may limit the broker's appeal to traders seeking unique features or tools (source).

  

Restricted Regions

  Rockfort Markets does not accept clients from certain countries, including the United States, China, and several others. This limitation may restrict its user base and affect the broker's overall growth (source).

  

Available Customer Service Languages

  Customer support at Rockfort Markets is available in English and Chinese. However, users have reported delays in response times and a lack of 24/7 support, which may hinder traders' ability to resolve issues promptly (source).

  

Ratings Overview (Repeat)

Category Score (out of 10)
Account Conditions 7
Tools and Resources 6
Customer Service and Support 5
Trading Experience 6
Trustworthiness 4
User Experience 5

  

Detailed Breakdown

  

Account Conditions

  Rockfort Markets offers a standard account with a low minimum deposit of $200, making it accessible for new traders. However, the pro account's higher minimum deposit may deter some users. The account types cater to different trading styles, but the lack of variety may limit options for advanced traders.

  

Tools and Resources

  The broker provides access to popular trading platforms like MetaTrader 4 and Trader Workstation, which are equipped with essential trading tools. However, the lack of proprietary tools may reduce the overall trading experience.

  

Customer Service and Support

  Customer support is available during business hours, but the absence of 24/7 availability and reports of slow response times are significant drawbacks that may frustrate users.

  

Trading Experience

  While Rockfort Markets offers a range of tradable assets and competitive leverage, user experiences indicate that execution quality and spread transparency are areas needing improvement.

  

Trustworthiness

  Despite being regulated by the FMA, concerns about the broker's legitimacy and reports of unregulated entities operating under the same name raise questions about its overall trustworthiness.

  

User Experience

  Overall user experiences are mixed, with some praising the low entry barriers and trading options, while others cite issues with withdrawal processes and customer support responsiveness.

  In conclusion, while Rockfort Markets presents some appealing features, potential traders should weigh the risks associated with its regulatory status and customer service before committing to an account.

ROCKFORT review