According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $0
- MetaTrader4
- Trader Workstation
Our Evaluation of RockGlobal
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
RockGlobal is a high-risk broker with the TU Overall Score of 1.95 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by RockGlobal clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker.
RockGlobal offers an extensive selection of instruments and platforms, making it appealing to traders of varying experience levels. While regulatory requirements may impose limitations on certain clients, the broker aims to provide safe and comfortable conditions for operating in the financial market.
Brief Look at RockGlobal
RockGlobal is the trade name of Rockfort Markets Ltd, a company registered in New Zealand. The broker offers a variety of trading products, including Forex, stocks, options, futures, and contracts for difference (CFDs). The minimum deposit is $0. RockGlobal supports the MetaTrader 4 and Trader Workstation (TWS) platforms, known for their powerful analytical tools and automated trading capabilities. The company is registered as a Financial Service Provider (FSP) and is a member of New Zealand's Financial Services Complaints Limited (FSCL).
- RockGlobal is registered in New Zealand and is a member of FSCL.
- The company offers diverse trading instruments, including Forex, stocks, futures, commodities, and indices.
- Competitive spreads start from 0.1 pips.
- High leverage up to 1:500.
- MetaTrader 4 and Trader Workstation, available for desktop and mobile devices.
- Free educational materials and market analysis.
- Client support is available Monday through Friday with personal account managers.
- The company does not accept clients from certain countries, including the United States and China.
- Does not offer cent accounts.
RockGlobal Trading Conditions
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
💻 Trading platform: | MetaTrader 4 (MT4), Trader Workstation |
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📊 Accounts: | Standard, Pro, Demo |
💰 Account currency: | USD, NZD |
💵 Deposit / Withdrawal: | Bank transfers, credit cards, POLI |
🚀 Minimum deposit: | $0 |
⚖️ Leverage: | Up to 1:500 |
💼 PAMM-accounts: | No |
📈️ Min Order: | 0.01 lots |
💱 EUR/USD spread: | 0,1 pips |
🔧 Instruments: | Forex, stocks, commodities, indices, options, futures, ETFs |
💹 Margin Call / Stop Out: | N/a |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes, via mobile apps |
➕ Affiliate program: | Yes |
📋 Order execution: | Market execution |
⭐ Trading features: | Competitive spreads, high leverage, access to training materials |
🎁 Contests and bonuses: | Periodic promotions and bonuses |
RockGlobal offers a secure and diverse trading environment with competitive conditions and access to popular platforms, ensuring flexibility and comfort for traders.
RockGlobal Key Parameters Evaluation
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Trading Account Opening
To create an account with RockGlobal, follow these steps:
Select the account type that best fits your investment goals and strategies, then click the button to open it.
Fill out the account opening form with your details and set a password for your first login. It’s recommended to update your password periodically for security. At the final stage, upload documents verifying your identity and residential address to complete the verification process.
Regulation and safety
RockGlobal has a safety score of 1.5/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Negative balance protection
- Not tier-1 regulated
RockGlobal Security Factors
Foundation date | - |
Negative balance protection | Yes |
Verification (KYC) | Yes |
RockGlobal is Not a Regulated Broker
Commissions and fees
The trading and non-trading commissions of broker RockGlobal have been analyzed and rated as Medium with a fees score of 5/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Tight EUR/USD market spread
- No withdrawal fee
- Above-average Forex trading fees
- Inactivity fee applies
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of RockGlobal with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, RockGlobal’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
RockGlobal Standard spreads
RockGlobal | Pepperstone | OANDA | |
EUR/USD min, pips | 0,9 | 0,5 | 0,1 |
EUR/USD max, pips | 1,4 | 1,5 | 0,5 |
GPB/USD min, pips | 1,5 | 0,4 | 0,1 |
GPB/USD max, pips | 2 | 1,4 | 0,5 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
RockGlobal RAW/ECN spreads
RockGlobal | Pepperstone | OANDA | |
Commission ($ per lot) | 3 | 3 | 3,5 |
EUR/USD avg spread | 0,1 | 0,1 | 0,15 |
GBP/USD avg spread | 1 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with RockGlobal. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
RockGlobal Non-Trading Fees
RockGlobal | Pepperstone | OANDA | |
Deposit fee, % | 0-3 | 0 | 0 |
Withdrawal fee, % | 0 | 0 | 0 |
Withdrawal fee, USD | 20 | 0 | 0-15 |
Inactivity fee ($, per month) | 20 | 0 | 0 |
Account types
Each account type at RockGlobal is oriented to the needs of different traders and allows trading different assets. Clients can open several account types depending on their goals and strategies.
Deposit and withdrawal
RockGlobal received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
RockGlobal offers limited payment options and accessibility, which may impact its competitiveness.
- No withdrawal fee
- Bank wire transfers available
- Bank card deposits and withdrawals
- Minimum deposit below industry average
- Wise not supported
- BTC not available as a base account currency
- Only major base currencies available
What are RockGlobal deposit and withdrawal options?
RockGlobal offers a limited selection of deposit and withdrawal methods, including Bank Card, Bank Wire. This limitation may restrict flexibility for users, making RockGlobal less competitive for those seeking diverse payment options.
RockGlobal Deposit and Withdrawal Methods vs Competitors
RockGlobal | Plus500 | Pepperstone | |
Bank Wire | Yes | Yes | Yes |
Bank card | Yes | Yes | Yes |
PayPal | No | Yes | Yes |
Wise | No | No | No |
BTC | No | No | No |
What are RockGlobal base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. RockGlobal supports the following base account currencies:
What are RockGlobal's minimum deposit and withdrawal amounts?
The minimum deposit on RockGlobal is $200, while the minimum withdrawal amount is $—. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact RockGlobal’s support team.
Markets and tradable assets
RockGlobal offers a wider selection of trading assets than the market average, with over 10000 tradable assets available, including 50 currency pairs.
- Commodity futures are available
- 10000 assets for trading
- Indices trading
- Bonds not available
- Copy trading not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by RockGlobal with its competitors, making it easier for you to find the perfect fit.
RockGlobal | Plus500 | Pepperstone | |
Currency pairs | 50 | 60 | 90 |
Total tradable assets | 10000 | 2800 | 1200 |
Stocks | Yes | Yes | Yes |
Commodity futures | Yes | Yes | Yes |
Crypto | No | Yes | Yes |
Stock indices | Yes | Yes | Yes |
Options | Yes | Yes | No |
Investment options
We also explored the trading assets and products RockGlobal offers for beginner traders and investors who prefer not to engage in active trading.
RockGlobal | Plus500 | Pepperstone | |
Bonds | No | No | No |
ETFs | Yes | Yes | Yes |
Copy trading | No | No | Yes |
PAMM investing | No | No | Yes |
Managed accounts | No | No | No |
Customer support
Information
RockGlobal assists clients by addressing their questions throughout the business week. Support is provided from 09:00 to 17:30, Monday through Friday (UTC+12:00 (winter time) / UTC+13:00 (summer time)).
Pros
- Support is available in English and Chinese
- The company offers contact via the call center
Cons
- Online support is available during limited hours
- The office can be visited by appointment only
Clients can access assistance through:
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A hotline.
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Email.
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A contact form on the website.
Furthermore, potential clients who have not yet opened live accounts can also receive support.
Contacts
Registration address | Level 17, 55 Shortland Street Auckland Central, 1010 New Zealand |
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Official site | https://rockglobal.co.nz/ |
Contacts |
+64 9 281 2012
|
Education
Information
RockGlobal offers educational materials that help users improve their understanding of trading conditions, explore various trading concepts, and stay updated with market trends.
Comparison of RockGlobal with other Brokers
RockGlobal | Eightcap | XM Group | RoboForex | Vantage Markets | Kama Capital | |
Trading platform |
MetaTrader4, Trader Workstation | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MT4, MT5, TradingView, ProTrader, Vantage App | MetaTrader5 |
Min deposit | No | $100 | $5 | $10 | $50 | No |
Leverage |
From 1:1 to 1:500 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
From 1:1 to 1:400 |
Trust management | No | No | No | No | No | No |
Accrual of % on the balance | No | No | No | 10.00% | No | No |
Spread | From 0 points | From 0 points | From 0.8 points | From 0 points | From 0 points | From 0 points |
Level of margin call / stop out |
No | 80% / 50% | 100% / 50% | 60% / 40% | 100% / 50% | 20% / No |
Order Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution |
No deposit bonus | No | No | No | No | No | No |
Cent accounts | No | No | No | Yes | No | Yes |
Detailed Review of RockGlobal
RockGlobal provides its clients with a wide range of tools and resources for market analysis, investment decision-making, and portfolio monitoring. With platforms like MetaTrader 4 and Trader Workstation, analytical reports, and a variety of analytical tools, investors can choose strategies that align with their financial goals and risk tolerance. RockGlobal offers access to over 200 financial instruments, including currency pairs, stocks, indices, commodities, and cryptocurrencies. The broker is regulated in New Zealand as a Financial Service Provider (FSP), ensuring reliability and investment security.
RockGlobal’ss trading platforms:
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MetaTrader 4. A popular online trading platform used by both beginner and professional traders.
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Trader Workstation (TWS). A trading platform with a wide array of tools for analysis and trading, ideal for active traders.
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Mobile apps. RockGlobal allows account management through mobile devices, providing convenience and flexibility.
RockGlobal by the numbers:
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Over 200 available financial instruments, including Forex, stocks, indices, commodities, and cryptocurrencies.
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Operating since 2015 (formerly Rockfort Markets Limited).
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Multilingual client support is available 5 days a week.
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Two account types to suit different trader needs: Standard and Pro.
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Minimum deposit is $0.
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Spreads starting at 0.9 pips for Standard accounts and 0.1 pips for Pro accounts.
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Leverage up to 1:500.
Analytical services of RockGlobal:
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Forex trading provides access to over 50 currency pairs with competitive spreads and high leverage.
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Stock, options, futures, cryptocurrency, indices, and commodity trading. These provide opportunities for portfolio diversification.
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Reliable trading platforms (MT4 and TWS) are available for desktop and mobile devices.
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A wide range of resources to help traders enhance their skills.
Promotions and bonuses:
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IB rewards program. Partners can earn commissions for bringing new clients.
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Deposit bonuses. Bonuses on deposits that increase clients’ trading capital.
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Promotions. Periodic campaigns offer additional benefits and rewards for traders.
Advantages:
RockGlobal offers generous rewards for partners who bring new clients.
Trading platforms are available for PC, and mobile devices on Android and iOS. These platforms empower traders to manage accounts and execute trades anytime, anywhere.
RockGlobal regularly publishes market insights and expert recommendations.
RockGlobal provides favorable conditions for different account types, ensuring flexibility and convenience for clients.
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