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Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

RockGlobal

New Zealand|5-10 years| Benchmark AA|
Regulated in New Zealand|Market Making(MM)|MT4/5 full license|Regional Brokers|High potential risk|

https://www.rockglobal.com/

Website

Rating Index

Benchmark

Benchmark

AA

Average transaction speed (ms)

544

MT4/5

Full License

RockfortMarkets-Demo

United States
MT4
7

Influence

D

Influence index NO.1

Japan 2.41
The WikiFX Score of this broker is reduced because of too many complaints!

Benchmark

Speed:B

Slippage:AA

Cost:B

Disconnected:B

Rollover:AA

MT4/5 Identification

MT4/5 Identification

Full License

7
Server Name
RockfortMarkets-Demo MT4
Server Location United States

Influence

Influence

D

Influence index NO.1

Japan 2.41

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+64 21 0316369
info@rockglobal.com
https://www.rockglobal.com/
Level 2, 22 Fanshawe Street, Auckland Central, Auckland 1010; PO Box 5382, Victoria Street West, Auckland

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

Warning

SG MAS
2021-03-10

Contact number

English

+64 21 0316369

Broker Information

More

Company Name

Rockfort Markets Ltd

Company Abbreviation

RockGlobal

Platform registered country and region

New Zealand

Company employee

3

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts
Previous Detection : 2024-03-28
  • The number of the complaints received by WikiFX have reached 6 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

RockGlobal · Benchmark
Average transaction speed(ms)
544
The highest transaction speed(ms)
269
The highest speed of opening positions(ms)
269
The highest speed of closing position(ms)
390
The lowest speed of opening positions(ms)
1947
The lowest speed of closing position(ms)
1390 Good
Ranking: 47 / 133
Test user 276
Orders 3,651
Ocuppied margin $5,835,799 USD
Data Source WikiFX Data provide
Updated: 2024-03-27 01:03:SS

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Expose

    Total Margin Trend

    • VPS Region
    • User
    • Products
    • Closing time
    • Frankfurt
    • 477***
    • GBPUSD
    • 03-26 17:27:29
    • Dubai
    • 601***
    • XAUUSD
    • 03-28 11:36:47
    • Tokyo
    • 922***
    • XAUUSD
    • 03-28 11:20:06

    Stop Out

    0.59%

    Stop Out Symbol Distribution

    6 months

    Sources

    RockGlobal · Company Summary

    RockGlobal Basic Information
    Registered Country/Region New Zealand
    Regulations FMA
    Tradable Assets Forex, Metals&Commodities, Indices, Cryptocurrencies
    Account Types Standard Account, ECN ccount
    Minimum Deposit $50
    Maximum Leverage 500:1
    Minimum spread from 0.0 pips
    Deposit & Withdrawal Local Bank, Credit/Debit Cards, E-Wallets, Bankwire, Cryptocurrency
    Trading Platforms MetaTrader 4
    Customer Support Phone, Email, Live chat
    Education Resources Economic Calendar, Trading Calculator, Forex Basics, News

    Overview of RockGlobal

    RockGlobal is a legitimate online trading platform registered in New Zealand (certificate number 509766) and offers its services to a diverse range of traders. With a wide selection of market instruments including 140+ currency pairs, stock indices, commodities, precious metals, and cryptocurrencies, RockGlobal allows traders to access multiple markets and diversify their portfolios. The platform provides two account types: the Standard Account with spreads starting from 1.0 pip and no commission fees, and the ECN Account with even tighter spreads from 0.0 pip and a $5 commission per standard lot traded. Traders can leverage their positions up to 500:1, amplifying potential profits but requiring responsible risk management. RockGlobal utilizes the popular MetaTrader 4 (MT4) platform, known for its advanced features and user-friendly interface, offering real-time market quotes, fast order execution, and customizable trading strategies. The platform also provides dedicated customer support available 24/7 via phone, email, and live chat. However, it is important to note the lack of deposit and withdrawal information on the website, commission fees for the ECN Account, minimum deposit requirements of $50 for the Standard Account and $500 for the ECN Account, the risk of trading with high leverage, and the limited educational resources provided. Traders are advised to exercise caution and seek additional information when considering RockGlobal as their trading platform.

    basic-info

    Is RockGlobal legit or a scam?

    Yes, RockGlobal is registered in New Zealand and has obtained a certificate authorized by the Financial Markets Authority with certificate number 509766. However, investors are still advised to exercise caution when making investments.

    regulation

    Market Intruments

    RockGlobal offers a comprehensive range of market instruments to cater to the diverse trading preferences of its clients. The platform provides access to an extensive selection of financial assets, including:

    1. Forex: RockGlobal offers a wide range of currency pairs for forex trading. Traders can choose from over 140 currency pairs, including major, minor, and exotic pairs. This allows investors to participate in the global forex market and capitalize on currency fluctuations.

    2. Metals & Commodities: The platform provides trading opportunities in precious metals and commodities. Traders can access popular metals like gold, silver, platinum, and palladium. Additionally, RockGlobal offers trading in various commodities, such as oil, natural gas, and agricultural products. Trading metals and commodities enables investors to diversify their portfolios and potentially benefit from price movements in these markets.

    3. Indices: RockGlobal allows traders to trade a wide range of stock indices from around the world. Popular indices such as the S&P 500, NASDAQ, FTSE 100, and DAX are available for trading. By trading indices, investors can speculate on the overall performance of stock markets and take advantage of market trends.

    4. Cryptocurrencies: RockGlobal offers trading in a range of cryptocurrencies. Traders can access popular digital currencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). Trading cryptocurrencies provides investors with opportunities to capitalize on the volatility and potential price movements in the crypto market.

    With its broad selection of market instruments, including 140+ currency pairs, stock indices, commodities, precious metals, and crypto CFDs, RockGlobal ensures that traders have access to diverse trading opportunities across different financial markets.

    market-instruments

    Pros and Cons

    RockGlobal offers a diverse range of market instruments, competitive spreads, and high leverage of up to 500:1. With the popular MT4 platform and dedicated customer support, traders have access to advanced tools and assistance. However, the lack of deposit and withdrawal information, the risk of high leverage, and limited educational resources should be taken into consideration.

    Pros Cons
    Diverse Market Instruments Lack of Deposit and Withdrawal Information
    Competitive Spreads Risk of Trading with High Leverage
    High Leverage Limited Educational Resources
    MetaTrader 4 (MT4) Platform
    Dedicated Customer Support

    Account Types

    RockGlobal offers two different types of trading accounts to suit the needs of different traders:

    1. Standard Account:

    • Spreads: The Standard Account offers spreads starting from 1.0 pip. Traders can benefit from tight spreads, which can enhance their trading profitability.

    • Commission: There is no commission charged on trades conducted through the Standard Account. This means that traders can focus on their trading strategies without incurring additional transaction costs.

    • Minimum Deposit: The minimum initial deposit required to open a Standard Account is $50. This allows traders with different budget sizes to start trading with RockGlobal.

    • Maximum Leverage: The Standard Account provides a maximum leverage of 500:1. This allows traders to control larger positions in the market with a smaller capital investment. However, it's important to use leverage responsibly and manage risk effectively.

    1. ECN Account:

    • Spreads: The ECN Account offers competitive spreads starting from 0.0 pip. Traders can benefit from the tightest possible spreads, leading to potentially lower trading costs.

    • Commission: Trades conducted through the ECN Account are subject to a commission of $5 per standard lot. This transparent fee structure ensures that traders have full visibility of the costs associated with their trades.

    • Minimum Deposit: The minimum initial deposit required to open an ECN Account is $500. This account type is suitable for traders who are ready to commit a higher amount of capital to their trading activities.

    • Maximum Leverage: The ECN Account also provides a maximum leverage of 500:1, allowing traders to maximize their trading potential while managing their risk exposure effectively.

    Both account types offered by RockGlobal provide traders with access to a high leverage ratio of 500:1, enabling them to control larger positions in the market. The choice between the Standard Account and the ECN Account depends on individual trading preferences and capital requirements.

    account-types

    How to open an account?

    Opening an account with RockGlobal involves the following steps:

    1. Register an Account: Visit the RockGlobal website and click on the “Register” or “Open Account” button. Provide the required personal information, including your full name, email address, phone number, and country of residence. Create a username and password for your account.

      open-account
    open-account

    2. Identity Verification: Complete the identity verification process. This usually involves submitting the required documents, such as a valid passport or government-issued ID, proof of address (utility bill or bank statement), and any additional documentation requested by RockGlobal. The verification process is essential to ensure compliance with regulatory requirements and to maintain the security and integrity of the trading platform.

    3. Deposit Funds: Once your account is registered and verified, you can proceed to deposit funds into your trading account. RockGlobal typically offers multiple deposit methods, including bank wire transfer, credit/debit card, and electronic payment systems. Choose the most convenient method for you and follow the instructions provided by RockGlobal to complete the deposit process. The minimum deposit amount for the Standard Account is $50, while the ECN Account requires a minimum deposit of $500.

    4. Start Trading: After your account is funded, you can start trading. Download and install the trading platform provided by RockGlobal, such as MetaTrader 4 (MT4) or a proprietary platform. Use your account login credentials to access the platform. Familiarize yourself with the platform's features, including charting tools, order types, and risk management options. Select the desired financial instruments from the available markets, such as forex, metals, commodities, indices, or cryptocurrencies, and execute your trades according to your trading strategy.

    Please note that the account opening process and specific requirements may vary slightly depending on the jurisdiction and regulatory framework. It is recommended to refer to the official RockGlobal website or contact their customer support for the most up-to-date and accurate information regarding the account opening process.

    Leverage

    RockGlobal provides a maximum leverage of 500:1, allowing traders to amplify their potential profits or losses by up to 500 times their initial investment. This high leverage offers the opportunity to trade larger positions in the market with a relatively smaller amount of capital. However, it is essential for traders to exercise responsible risk management and fully understand the implications of trading with high leverage.

    Spreads & Commissions (Trading Fees)

    In the Standard Account, the spreads start from as low as 1.0 pip, providing traders with favorable pricing. This account type does not charge any commissions on trades. On the other hand, the ECN Account offers even tighter spreads starting from 0.0 pips, ensuring competitive pricing for traders. However, this account type does have a commission fee of $5 per standard lot traded. These options cater to different trading preferences, allowing traders to choose the account type that best suits their needs.

    Trading Platform

    RockGlobal utilizes the popular MetaTrader 4 (MT4) trading platform. MT4 is known for its advanced features and user-friendly interface, providing traders with a seamless and efficient trading experience. With MT4, traders have access to a wide range of tools and functionalities, including advanced charting capabilities, multiple timeframes, technical indicators, and customizable trading strategies. The platform also supports automated trading through expert advisors (EAs), allowing for the execution of trades based on pre-set conditions. With real-time market quotes, fast order execution, and comprehensive analysis tools, MT4 on RockGlobal ensures a powerful and flexible trading environment.

    trading-platform

    Deposit & Withdrawal

    RockGlobal's official website does not provide information about specific deposit and withdrawal methods. However, typically, brokers of similar nature allow various deposit and withdrawal options, including Credit/Debit Cards, E-Wallets, Bank Wire transfers, and Cryptocurrencies. It is important to note that the minimum deposit requirement for RockGlobal is $50. Traders interested in opening an account with RockGlobal are advised to contact their customer support or account manager for detailed information regarding the available deposit and withdrawal methods.

    Customer Support

    RockGlobal values its customers and provides excellent customer support services. Their dedicated staff is available 24/7 to assist traders in any way possible. Whether you have questions about your account, technical issues, or need guidance with trading-related inquiries, RockGlobal's customer support team is ready to provide prompt and helpful assistance.

    You can reach out to the customer support team via various channels, including phone, email, and live chat. They understand the importance of timely communication and strive to ensure that your queries are addressed promptly and effectively. Additionally, RockGlobal offers live chat support on social media platforms like Facebook, further enhancing accessibility and convenience for their clients. Rest assured that RockGlobal is committed to delivering a high standard of customer support to ensure a smooth and satisfactory trading experience.

     customer-support

    Educational Resources

    RockGlobal offers a range of educational resources to support traders in their trading journey. These resources include an economic calendar, which provides timely information about upcoming news events that can impact market conditions. By staying informed about these events, traders can make better-informed decisions based on fundamental analysis.

    The trading calculator is another valuable tool provided by RockGlobal, enabling traders to calculate important trading parameters such as point value, spread cost, and estimate potential profits and losses. This calculator assists traders in managing risk and optimizing their trading strategies.

    RockGlobal also offers educational materials on Forex Basics, providing traders with essential knowledge about the foreign exchange market. Understanding the fundamentals of forex trading, including currency pairs, market dynamics, and trading principles, can help traders navigate the market more effectively.

    Additionally, RockGlobal's professional market analysis team provides up-to-date news coverage, allowing traders to stay ahead of the curve and identify potential trading opportunities before others. This access to timely news and market analysis enhances traders' decision-making process and helps them stay informed about global events impacting financial markets.

     educational-resources

    Conclusion

    RockGlobal, registered in New Zealand, offers a wide range of market instruments including 140+ currency pairs, stock indices, commodities, precious metals, and cryptocurrencies. With competitive spreads, high leverage of up to 500:1, and the popular MT4 platform, traders have diverse trading opportunities and access to advanced tools. However, the lack of deposit and withdrawal information, commission fees for the ECN Account, minimum deposit requirements, and the need for responsible use of high leverage should be considered. Additionally, while dedicated customer support is provided, there may be limited educational resources.

    FAQs

    Q: Is RockGlobal a regulated broker?

    A: Yes, RockGlobal is a regulated broker. It is authorized and regulated by the Financial Markets Authority with certificate number 509766.

    Q: What trading instruments are available at RockGlobal?

    A: RockGlobal offers a wide range of trading instruments, including 140+ currency pairs, stock indices, commodities, precious metals, and cryptocurrencies.

    Q: What trading platforms does RockGlobal offer?

    A: RockGlobal offers MetaTrader 4 trading platform.

    Q: Does RockGlobal offer educational resources for traders?

    A: Yes, RockGlobal offers a range of educational resources for traders, including Economic Calendar, Trading Calculator, Forex Basics, News.

    Q: What is the minimum deposit required to open an account with RockGlobal?

    A: The minimum deposit required to open an account with RockGlobal is $50.

    Q: Does RockGlobal offer any bonuses or promotions?

    A: Yes, RockGlobal offers trading with a 20% credit bonus and an additional 10% bonus on subsequent deposits.

    Q: What is the maximum leverage offered by RockGlobal?

    A: The maximum leverage offered by RockGlobal is 1:500.

    News

    US Market Weekly Update: Mixed Performance, Inflation, US Interest Rates, And Economic Data.

    NewsUS Market Weekly Update: Mixed Performance, Inflation, US Interest Rates, And Economic Data.

    2023-02-27 10:42

    Wall Street stocks ended mixed on Tuesday after U.S. consumer price data for January offered little to change expectations about the Federal Reserve's path forward on interest rate hikes.

    WikiFX
    2023-02-27 10:42
    News
    US Market Weekly Update: Mixed Performance, Inflation, US Interest Rates, And Economic Data.

    User Reviews

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    User comment

    5

    Comments

    Write a review

    ExpertTrader
    more than one year
    One of the things I like most about RockGlobal is their tight spreads. This means that I can enter and exit trades without losing too much money on the spread. For example, when I was trading the EUR/USD pair, the spread was only 1.2 pips. This allowed me to capture most of the price movement and make a profit of 48 pips. Another thing I like about RockGlobal is their liquidity. This means that I can always find someone to trade with, even during volatile market conditions. I've never had a problem getting my trades filled, even when the market was moving quickly.
    2024-03-11 10:42
    Reply
    0
    0
    君临天下79704
    more than one year
    For me this broker was solid, the market was against me but the software speed and service were perfect. I appreciated the call I received when my positions were about to fall.
    2023-02-20 14:26
    Reply
    0
    0
    高山流水30187
    more than one year
    Never deal with ROCKFORT, never give them your money! They rejected my withdrawal request for all sorts of ridiculous reasons and also froze my account to investigate my so-called suspicious behavior. Do not be tempted by attractive trading conditions.
    2022-11-23 18:45
    Reply
    0
    0
    我本善良942
    more than one year
    This ROCKFORT broker, a 100% scammer. Typical tactic: they use high leverage and tight spreads to seduce you to jump into their traps. Once you deposited, their goal was achieved, then they would block up your account, reject your withdrawal requests… I was defrauded by this broker and they have eaten my $500. How could I get my hard-earned money?
    2022-11-18 14:57
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    0
    0
    개미-근酱
    more than one year
    I was so naive that I would easily believe what the broker advertised, and invested 200 dollars. As a result, the withdrawal has been ignored for the other day, and I found out that I was most likely scammed. in the above Exposure part, i find that many friends have failed to withdraw their funds. so disgusting!
    2022-11-16 17:02
    Reply
    0
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