Rockfort Markets is an online trading broker based in New Zealand, which offers shares, options, indices, forex, ETFs, CFDs, and futures for online trading. They provide clients with the MetaTrader 4 and Trader Workstation trading platforms, along with useful trading tools. They offer multiple account types with a required minimum deposit of just $1, and they operate the straight-through processing (STP) execution model.
Rockfort Markets Review Introduction
In this Rockfort Markets review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Rockfort Markets.
Rockfort Markets Platforms & Tools
Rockfort Markets provides two sophisticated trading platforms:
MetaTrader 4 (MT4)
This is a very popular trading platform for trading forex and contracts for difference (CFDs). It has a user-friendly interface, advanced charting capabilities, a vast array of built-in indicators, and support for algorithmic trading. The MT4 trading platform is available for Windows and Mac computers and a WebTrader that runs directly on most modern web browsers, eliminating the need to download and install any additional software. There is also the MT4 mobile app, which is compatible with Android and iOS devices and is beneficial to traders who wish to access their accounts easily.
Trader Workstation (TWS)
This is a one-stop shop for trading global markets on one platform. It offers traders access to a multi-currency account where they can trade shares on over 30 exchanges. The TWS trading platform is available as a downloadable desktop application for Windows and Mac computers and mobile app that is compatible with Android and iOS devices.
The broker provides traders with a range of useful trading tools in addition to those built into the MT4 and TWS trading platforms. They include Trader Assistant, Market Analysis, and a Dedicated Account Manager.
Rockfort Markets Research & Education
The education section of the broker’s website has detailed trading guides covering various trading topics. There is also a Q and A section that has a range of commonly asked questions and their corresponding detailed answers.
Rockfort Markets Trading Accounts
Rockfort Markets offers clients a choice of different account types to suit individual trader’s needs, and they include:
- Mini Account: This account type requires a minimum deposit of $500. It is developed for traders who are just starting out and want to experience live trading with small sizes. It doesn’t charge commissions.
- Standard Account: The Standard Account has an initial deposit requirement of $1 and is the broker’s most popular account type. The EUR/USD spread ranges from 0.9 to 1.4 pips.
- PRO Account: The PRO Account has a required minimum deposit of $20,000 and is designed specifically for the professional traders who wish to trade larger amounts. It offers ECN market spreads and personal account managers. The EUR/USD spread ranges from 0.6 to 1.1 pips, while a commission of $7 per lot is charged on trades.
Swap-free Islamic Accounts that comply with the sharia law are available upon request. Demo accounts are also available for practice purposes.
Rockfort Markets Account Funding
The broker offers a range of account funding and withdrawal options, such as Bank transfers, Credit/Debit Cards, and POLi. Some fees may be charged when using certain payment methods. The different payment methods have varying transaction fees and processing times.
Rockfort Markets Customer Service
The broker provides clients with a knowledgeable customer support team that is available to answer traders’ inquiries. They can be reached via Telephone, Email, Online Live Chat, and selected social media handles.
Rockfort Markets Regulation
Rockfort Markets Limited is a company registered in New Zealand (NZBN 9429040210807). Rockfort Markets Limited is a registered financial service provider (FSP 509766) and holds a derivative issuer license issued and regulated by the Financial Markets Authority (FMA).
Rockfort Markets Review Summary
Rockfort Markets is a regulated online trading broker that operates from New Zealand. They offer multiple trading instruments for online trading via the MT4 and TWS trading platforms. They also have a decent range of useful trading tools and educational resources.
It is worth mentioning that some of the trading products and services in this Rockfort Markets review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Rockfort Markets broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.