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No Regulation
Score
1.21 /10
Danger
Chain Rock
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index4.72
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-22
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Chain Rock | Basic Information |
| Founded in | 1-2 years |
| Registered in | UK |
| Regulation | Not Regulated |
| Tradable Assets | stocks,forex,commodities,indicies,crypto |
| Account Types | standard,silver,gold, vip |
| Minimum Deposit | $250 |
| Minimum spread | From 0 pips |
| Maximum leverage | 1:500 |
| Payment Methods | Bitcoin, wiretransfer, visa, MasterCard |
| Customer Support | Phone:+442086380181Email: support@chain-rock.com |
| Offical website | Inaccessible |
Overview of Chain Rock
Chain Rock is a platform which registered in UK 1-2 years ago. Maximum leverage up to 1:500 is its greatest strength. Unregulated is its greatest weakness. We should keep cautious when trading.
Pros and Cons
| Pros | Cons |
| A lot of Tradable Assets | Lack of Regulation |
| 3 Account Types | Unavailable Website |
| Competitive leverage 1:500 |
Is Chain Rock. Legit？
Chain Rock is owned and operated by GoDaddy.com, LLC. We cannot find any information in the website of Financial Conduct Authority (FCA), and it is also not regulated by FSA and ASIC.
What Can I Trade on Chain Rock？
Chain Rock offers over 500 market instruments to provide clients with diversified trading opportunities. The main instruments include stocks,forex,commodities,indicies,crypto.
| Tradable Instruments | Supported |
| stocks | ✔ |
| forex | ✔ |
| commodities | ✔ |
| indicies | ✔ |
| crypto | ✔ |
| futures | ❌ |
| options | ❌ |
Account Type
Chain Rock offers four account types:standard,silver,gold, vip. It is convenient for customers to register.
The standard Plan fits customers who are very conservative.
The Silver Plan suits those who are balanced.
The Gold Plan suits those who are aggressive.
Lastly, the VIP Plan suits those who tend to hold cryptos.
Chain Rock Fees
Chain Rock fees are lower than other brokers. The spreads from 0 pis to 1.5 pips according to the account types.
| Deposit Fee | Standard: $250Silver: $2500Gold: $10000VIP: $50000 |
Customer Service
Clients can contact this broker through the following contact:
Phone:+442086380181
Email: support@chain-rock.com
Address: Level 39, 1 Canada Square Canary Wharf London, E14 5ABE 14 5 A B UNITED KINGDOM
| Contact Options | Details |
| Phone | +442086380181 |
| support@chain-rock.com | |
| Support Ticket System | ❌ |
| Online Chat | ❌ |
| Social Media | ❌ |
| Supported Language | English |
| Website Language | English |
| Physical Address | Level 39, 1 Canada Square Canary Wharf London, E14 5ABE 14 5 A B UNITED KINGDOM |
The Bottom Line
Unregulated is Chain Rock's biggest disadvantage which makes many risks for investors. However, Maximum leverage up to 1:500 is Chain Rock's biggest advantage that attract many aggressive customers. This broker is suitable for clients who are professional in trading.
FAQs
- Is Chain Rock safe？
No, it is not safe. Chain Rock is unregulated. Investors' fund safety is not guarnteed.
- Is Chain Rock good for beginners？
Yes, it is good for beginners because it's minimum deposit that we can take, and the maximum leverage is up to 1:500.
- Is Chain Rock good for day trading？
Yes, because the Chain Rock's maximum leverage is up to 1:500, and the risks and chances always coexist.
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