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Rockfort Markets Review & Rating [yyyy]

Rockfort Markets Review & Rating 2024

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Read this Rockfort Markets Review before opening your account. Is this a Reliable Forex Broker? Find out more with AtoZ Markets Forex broker review of Rockfort Markets Review. 

Rockfort Markets is based and regulated in New Zealand and offers Direct Market Access (DMA) and ECN trading. The broker is a multi-asset broker that provides access to global financial markets, including forex, indices, ETFs, futures, options, and cryptocurrencies.

We have brought out an extensive review of this company and found it legit and recommendable. This broker provides maximum flexibility on deposit requirements for all traders.

Overview

Company
6/10
Trust
6/10
Trading Platform
7/10
Account Types
6/10
Customer Support
7/10
Regulation
6/10
Cryptocurrency
6/10

At AtoZMarkets.com, we have a readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly!

For the above mentioned, we stand on our toes checking all the ins and outs in a broker's business history, biography, and reputation. The very same standards apply in the case of this Rockfort Markets Review review. Please go through this article on how we conduct our broker reviews.

Company

6 /10

Rockfort Markets is a New Zealand-based Forex and CFD broker that provides access to trading on global financial markets. Established by a sophisticated and experienced team of trading experts, Rockfort Markets has a New Zealand Derivative Issuer license securely in place and extensive connections with brokers and investment banks around the world. The company is only a handful of companies listed on the Disclose Register in NZ. Read more about Rockfort Markets Review.

Pros

  • MT4 and Trader Workstation (TWS) from Rockfort Markets
  • Regulated by Financial Markets Authority NZ
  • Low trading fees and no inactivity or account closure fees
  • Responsive customer service

Cons

  • Doesn't provides an MT5 trading platform 
  • Customer Support only on weekdays

Trust

6 /10

Rockfort Markets stands out when it comes to the area of security. It provides educational materials for users to get them familiar with the financial markets they are about to enter and how to manage risks before they make any commitments. 

There is also a demo account available to practice trading and get familiar with the platform before using real funds to reduce the chances of loss.

All the customers’ funds are held in a separate bank account from the operational accounts of the broker. Funds are safely stored in New Zealand at ANZ Bank, a physical bank.

Trading Platform

7 /10

With Rockfort Markets traders can trade using one of the highly popular trading platforms in the market which is MT4. The Metatrader 4 platform is the most popular trading platform in the world for trading Forex and Contracts for Difference (CFDs) because it has a user-friendly interface, spectacular charting, plug-ins, algorithmic trading, and fast execution. 

In addition to this Rockfort Markets also provides a dedicated account manager who will guide you through the account opening process and handle any troubleshooting issues you might have.

MT4 Features

  • Diversified trading with over 50 forex and CFD instruments including precious metal, index, and commodity CFDs.
  • Your dedicated account manager to guide you through the account opening or troubleshooting process.
  • Trade on the go with MT4 mobile apps for IOS and Android
  • Precise risk management, with micro-lot position sizing available.
  • Over 30 indicators and over 50 technical studies on both desktop and mobile devices
  • Multiple timeframes are as low as 1-minute data for day traders and as high as a month’s data for long-term traders.

Moreover, The Trader Workstation Platform (TWS) is a one-stop-shop for trading global markets on one platform. Traders get access to a Multi-Currency account where you can trade shares on over 30 exchanges worldwide with news and research at your fingertips. 

Forex Traders will enjoy the specialized FX layout that makes viewing currency pairs and fast execution. 

TWS has one of the widest ranges of Stock CFDs, along with CFDs on metals, ETFs, and commodities available with fast execution and detailed reporting.

Account Types

6 /10

Rockfort Markets offers MT4 desktop, iPhone, Android and iPad/tablet versions. The broker also provides the Trader Workstation (TWS), which includes some useful features for traders.

Trades can be made on over 50 markets via their MT4 platform. You can also access all products through one account using Trader Workstation (TWS). Traders also have access to DMA, API trading, and multiple currency-based account options.

Rockfort Markets offers these account types:

Standard: This account is for regular traders and offers tight spreads and zero commissions. This account type is ideal for Expert Advisors (EAs) with a minimum balance of USD 200.

The Standard account has no monthly activity cap and no commissions. The leverage is up to 1:500 and the minimum lot size is 0.01. Spreads start at 0.8 pip and deposits and withdrawals are possible using Bank transfer, Credit Card, POLiPay with NZD and USD base currencies.

Pro: The name suggests that the Pro account is for professional traders who have larger trade volumes, wider ECN spreads and need a dedicated account manager.

A minimum deposit of $5,000 is required for the Pro account. This account is for professional traders only. You will have access to higher market spreads with this account than the Standard account. It also comes with a personal account manager.

Islamic: This account is swap-free and caters to Muslims.

Cryptocurrency

6 /10

Traders can trade Bitcoin CFDs both long and short posting on Rockfort Markets. One of the main advantages of trading Bitcoin through Rockfort Markets is that you don’t have to own the underlying asset so there is no need to worry about having a coin wallet. The MT4 bitcoin also allows you to trade with expert advisors and can be added to any trading strategy.

Customer Support

7 /10

The customer service of Rockfort Markets is available Monday to Friday. Traders can call them free from certain countries with some specific phone numbers available on their website. 

Traders can use the live chat option to get any instant support. The international phone no. and email address are as follows.

For more information on opening an account with Rockfort Markets, you can call the broker from 9 am to 5.30 pm Monday to Friday.

Phone: +64 9 281 2012

Email: info@rockfortmarkets.com

Additionally, Rockfort Markets has exclusive education materials. The broker also provides support via Messenger chat and the Telegram group. 

Regulation

6 /10

Rockfort Markets is a company registered in New Zealand (NZBN 9429042010807) and is located at Level 2, 22 Fanshawe Street, Auckland, 1010.

Rockfort Markets Ltd is a registered Financial Service Provider (FSP509766) and holds a Derivative Issuer Licence issued by the Financial Markets Authority.

Conclusion

Rockfort Markets is a reliable broker as it is licensed and authorized by the New Zealand regulator. The regulatory status of the broker is the single most vital factor for the safety of your funds. 

Rockfort Markets was established by a team of experienced traders. Its extensive connections with other brokers and banks globally give it the technical backing required to offer great services.

The broker provides services to both first-time investors and experienced traders. Although the design is simple to accommodate everyone, Rockfort Markets broker uses the latest technology to make trading as convenient and enjoyable as possible.

Therefore, Rockfort Markets is one of our recommended brokers. As for the trading conditions, spreads are also great, and the customers surely enjoy good leverage also. However, AtoZ always recommends its readers do their own research before opening an account with any broker. 

Reviewed By

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