RockFordFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-14 12:21

Abstract：Established in 2021, RockFordFX is a multi-asset broker registered in the UK, offering various trading options, including forex, indices, stocks, commodities and digital currencies. However, RockFordFX operates without regulatory oversight from any reputable financial body.

　　Note: RockFordFX's official website: https://www.rockfordfx.com/ is currently inaccessible normally.

RockFordFXReview Summary
Founded	2021
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Forex, indices, stocks, commodities and digital currencies
Demo Account	❌
Leverage	Up to 1:400
Spread	From 0.1 pips
Trading Platform	MT4, RockFordGX Web Trader
Min Deposit	$250
Customer Support	Tel: +44 2038073479
Customer Support	Email: support@RockFordFX.com

　　Established in 2021, RockFordFX is a multi-asset broker registered in the UK, offering various trading options, including forex, indices, stocks, commodities and digital currencies. However, RockFordFX operates without regulatory oversight from any reputable financial body.

Pros and Cons

Pros	Cons
Diverse trading choices	Unregulated status
Variety of account types	Inaccessible website
Commission-free	High minimum deposit
MT4 supported	Unusual fees

Is RockFordFX Legit?

　　No, RockFordFX is not regulated and their website is not available.

What Can I Trade on RockFordFX?

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Stocks	✔
Cryptocurrencies	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　RockFordFX offers three account types: Individual, Gr-Trader and Business.

Account Type	Min Deposit
Individual	$250
Gr-Trader	$25500
Business	$25 000

Leverage

　　RockFordFX offers different leverage ratios for three account types.

Account Type	Leverage
Individual	1:200
Gr-Trader	1:300
Business	1:400

Spread and Commission

Account Type	Spread	Commission
Individual	0.1 pips	❌
Gr-Trader	0.5 pips	❌
Business	1.3 pips	❌

Trading Platform

　　RockFordFX claims that it offers two trading platforms – the industry flagship MetaTrader 4 (MT4) and its proprietary web platform RockFordGX Web Trader for their traders.

Deposit and Withdrawal

　　RockFordFX accepts credit cards and wire transfers as payment methods. RockFordFX claims that Minimum Deposit is $250.

　　Minimum Withdrawal/Refunds for wire transfers is 250 USD/GBP/EURO. Minimum Withdrawal/Refunds for credit cards is 100 USD/GBP/EURO.

Payment Option	Min Deposit	MinWithdrawal/Refund	Withdrawal/RefundFee
Wire transfers	$250	250 USD/GBP/EURO	Transaction fee of 50 USD/GBP/EURO
Credit cards	$250	100 USD/GBP/EURO	Transaction fee of 50 USD/GBP/EURO, processing fee of 10 USD/7 EUR/5 GDP