Rockfort Markets Broker Reviews and Full Information

Rockfort Markets review and ratings

Established2014

LocationNew Zealand

RegulationFSPR, FMA

OfficesAuckland

TypeSTP broker | DMA

Leverageup to 1:100

Depositfrom 500 USD

Spreads mid

PlatformsWeb MetaTrader 4 Specific

InstrumentsCurrencies Crypto Indices Metals Energies Stocks ETFs

Methods of funding    

COMPANY INFORMATION

Rockfort Markets is a forex broker within New Zealand, regulated by the Financial Service Providers Register (FSPR) as well as the Financial Markets Authority (FMA).

AVAILABILITY

Rockfort Markets accepts clients from across the globe with the exception of USA, China, Cuba, Iran, Laos, Mozambique, Myanmar, North Korea, Sudan, Syria.

DISTINCTIVE FEATURES

• Regulated and authorized by reliable NZ government agencies of the NZ government.
• Market analysis for free, offered from Trading Central.
• Many stocks are open to trade.

TRADING INSTRUMENTS

The Forex broker has the following assets as underlying for trading.

Rockfort Markets offers most Stocks/ETFs and a wide range of futures/options through the Trader Workstation trading platform.

COMPREHENSIVE REVIEW

It was established within New Zealand in 2014, Rockfort Markets is a forex broker that allows trading in crypto, forex stock, thousands of stocks, as well as a variety of commodities on the platform it owns and also on its MT4 platform. The broker has an issuer license for derivatives that is issued from the New Zealand Financial Markets Authority (FMA) that makes it an unregulated broker in the country it is based in.

The most intriguing thing about Rockfort Markets is the huge variety of stocks that the broker provides, ranging from companies that are listed on Australia, Canada, the UK, US, EU as well as a number of Asian countries. Remember that the majority of these investments are accessible through trading on the Trader Workstation (TWS) platform but not via MetaTrader 4 (MT4). However, some CFDs like cryptocurrency CFDs can only be found through the MT4 platform, and not available on TWS.

It is important to know concerning The most important thing to know about the TWS platform is it is not a private system like Rockfort Markets, but instead an open-source platform that is provided by the US-based brokerage company Interactive Brokers. It is essentially saying that, even though the platform isn't widely known in the Forex trading world however, it has solid backers and a huge amount of users across the world. There's also many useful details about the platform online and includes a variety of videos tutorials that are available via YouTube created by Interactive Markets.

Each TWS along with MT4 are both trading platforms that are downloaded that are available in a fully versions for computers running on desktops and portable versions that are compatible with iOS as well as Android devices. One advantage to the TWS platform offers over MT4 However, it is that it's available as a special version that is specifically designed for Mac computers. It is good to know that new clients of Rockfort Markets can choose to download and utilize both platforms after signing to the broker.

Accounts with trading accounts from Rockfort Markets can be opened in either New Zealand dollars or US dollars. To open an "Standard" STP-type retail trading account, a minimum amount in USD 500 dollars is required and a minimum deposit of at least USD 20,000 is required to open the ECN-type professional account.

The great thing about brokers that are licensed within New Zealand is that these provide a high leverage for trading of 1:500 or more for the purest foreign pairs. This is in sharp in stark contrast with the of 1:30 leverage, which is now the norm in both Australia as well as the EU. In order to make things more advantageous for traders looking for extreme leverage Rockfort Markets also says on its website that "increased leverage accounts" (above 1:500) are available upon an inquiry.

If it is time to pay for the trading account, clients of Rockfort Markets have the choice of using credit cards like Visa as well as MasterCard, Skrill and international bank wire transfers. Alongside these methods, New Zealand residents also can choose to make domestic bank transfers or using the online payment processor POLi. The most important thing to consider the fact this: Rockfort Markets does charge a very expensive charge of% on Skrill as well as credit card transactions. This is just too much to be justified in our opinion and is a reason why those payment methods should not be used.

If you have a problem that requires support from the customer, Rockfort Markets own support team can be reached by mail, Facebook Messenger, Telegram or an New Zealand phone number. The broker also provides specific phone numbers to the appropriate departments, including the areas of risk and compliance as well as the opening of accounts, and this we value.

In conclusion, we'd be pleased to state that we're thrilled to have a fully-regulated broker that provides as much leverage on trading like Rockfort Markets does. It's also great from our opinion to have access to high leverage offered by such a wide variety of trading instruments, which includes thousands of stocks listed across the globe. We consider this to be a broker that is on the radar of a lot of stock traders with high leverage, particularly those who are keen to try this TWS trading platform provided by Interactive Brokers.