Score

1.44 /10
Danger

Rockfort Markets

New Zealand

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.48

Risk Management Index0.00

Software Index4.00

License Index0.00

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The New ZealandFMA regulation (license number: 509766) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Rockfort Markets · Company summary

Note: Rockfort Markets's official website: https://rockfort-markets.com/ is currently inaccessible normally.

Rockfort Markets Review Summary
Founded/
Registered Country/RegionNew Zealand
RegulationFMA (Suspicious Clone)
Market Instruments56 currency pairs, CFDs on precious metals like silver and gold, Brent, Crude Oil, 11 indices, over 1000 physical shares, options and futures on global indices and commodities
Demo Account
LeverageUp to 1:400
SpreadFrom 0.0 pips
Trading PlatformsMetaTrader4, Trader Workstation
Minimum Deposit$200
Customer SupportPhone: +64 221358315
Email: rockfortmarket@gmail.com

Rockfort Markets is a financial company with a suspicious clone license. It claims to offer 56 currency pairs, CFDs on precious metals like silver and gold, Brent, Crude Oil, 11 indices, over 1000 physical shares, options and futures on global indices and commodities with MT4 and Trader Workstation platform.

Rockfort Markets

Pros and Cons

Pros Cons
/Non-functional website
Lack of transparency
Suspicious clone license

Is Rockfort Markets Legit?

Regulatory Status Suspicious clone
Regulated by FMA
Licensed Institution ROCKFORT MARKETS LIMITED
Licensed TypeMarket Making(MM)
Licensed Number509766

At present, Rockfort Markets holds a suspicious clone license. Its domain has not been registered yet. We advise you to choose regulated brokers.

Suspicious clone FMA license

What Can I Trade on Rockfort Markets?

Rockfort Markets offers 56 currency pairs, CFDs on precious metals like silver and gold, Brent, Crude Oil and 11 indices, over 1000 physical shares, options and futures on global indices and commodities.

Tradable Instruments Supported
Forex
CFDs
Commodities
Indices
Options
Futures
Cryptocurrencies
Shares
ETFs
Bonds
Mutual Funds

Account Type

Rockfort Markets provides three types of account:

Standard Account:

Minimum deposit: $200

Features: No commission, great for experienced traders.

Pro Account:

Minimum deposit: $2,000

Features: ECN spreads, personal account manager, $6 per lot, spreads from 0.0 pips.

Islamic Account (Available for Standard and Pro Accounts)

Features: No swap rates, follows Islamic finance principles.

Leverage

With Rockfort Markets, you have access to leverage of up to 1:400. However, higher leverage also increases the level of risk involved.

Trading Platform

Rockfort Markets offers MetaTrader4 and Trader Workstation for trading.

User Reviews

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User comment

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Comments

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steve55609
more than one year
The trading platform often lags, causing frustration and missed opportunities. Withdrawals take an unexpectedly long time, testing my patience. And when I needed help from customer support, they were often unresponsive. While they offer various trading options, the overall trading experience has been marred by these significant drawbacks.
The trading platform often lags, causing frustration and missed opportunities. Withdrawals take an unexpectedly long time, testing my patience. And when I needed help from customer support, they were often unresponsive. While they offer various trading options, the overall trading experience has been marred by these significant drawbacks.
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2023-10-10 18:10
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Samuel Thompson
more than one year
Alright, buckle up, things were anything but smooth sailing with Rockfort Markets. I was stoked about the low minimum deposit of $200, but don’t let it fool you - the devil is in the detail. First up, the spreads. Tighter than a cat's arse at bath time. Picture trying to squeeze a buck from a stone, that's how it felt with these spreads. Then there was the order execution, slower than molasses uphill in winter. I had trades hanging in the air longer than a popcorn fart, costing me serious dough. And let’s not forget the platform. More annoying hiccups than an overexcited puppy. Not to mention trades slipping more frequently than a banana peel in a comedy sketch. Value slipped from my hands faster than a hot potato.
Alright, buckle up, things were anything but smooth sailing with Rockfort Markets. I was stoked about the low minimum deposit of $200, but don’t let it fool you - the devil is in the detail. First up, the spreads. Tighter than a cat's arse at bath time. Picture trying to squeeze a buck from a stone, that's how it felt with these spreads. Then there was the order execution, slower than molasses uphill in winter. I had trades hanging in the air longer than a popcorn fart, costing me serious dough. And let’s not forget the platform. More annoying hiccups than an overexcited puppy. Not to mention trades slipping more frequently than a banana peel in a comedy sketch. Value slipped from my hands faster than a hot potato.
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2023-10-10 16:23
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