How is the regulation and safety of the Rockfort platform?

Many friends who are Top ten foreign exchange exchanges in the worldnew to the foreign exchange market report that it's difficult to find a reliable platform, with many experiencing issues withdrawing profits or falling victim to fraudulent platforms that abscond with their funds, making their journey in foreign exchange investment a rocky one. FTI's top 100 forex platforms can serve as a reference for selection; however, if a platform is not within this top 100, special attention should be paid to its primary and white-label relationships and risk warnings.

Today, an investor inquired about the Rockfort platform, asking whether Rockfort's regulatory oversight is secure and if investors' funds are adequately protected.

According to FTI's inquiry, the platform in question, Rockfort, was established in 2019, ranks 836 globally, and has a safety score of 60. The platform claims to hold regulatory licenses from two countries, with 52 alerts generated by a risk scanning system.

The regulatory situation of Rockfort can be summarized as follows:

1. The findings reveal numerous complaints against Rockfort for refusing or delaying withdrawals, with some clients unable to withdraw funds for months. This gravely violates the operational standards of legitimate forex platforms.

2. An investigation uncovered that Rockfort engages in "regulatory forgery." In other words, its regulatory certifications might be falsified, rendering the regulatory environment incapable of ensuring safety.

3. Rockfort is accused of being an unregulated "black platform," with an extremely poor reputation. This further underscores significant operational issues, indicating that investors' funds are not safeguarded.

4. Rockfort has faced multiple complaints in the past, with problems remaining unresolved over extended periods, highlighting highly irregular operations.

Based on this information, it can be concluded that Rockfort's regulatory environment is exceedingly insecure, marked by severe violations, and cannot guarantee the safety of investors' funds. Investors are strongly advised to avoid such non-compliant platforms to prevent financial losses.

FTI's Comprehensive Review: Currently, Rockfort's official website appears to be inaccessible. Complaints stem from incorrect contract quotes or refusal to process withdrawals, among other trading environment issues, suggesting it may have already absconded. The platform has amassed a considerable amount of negative feedback, with overall comments leaning towards average, offers a limited range of tradable assets, and handles complaints rather slowly.

The financial market is a mixed bag with inherent investment risks. It's crucial to thoroughly investigate platforms before forextrustindex to avoid scams. For protection, start with FTI.

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