Rockfort: Is This Forex Broker Legit or a Scam?

In today's diversified financial market,Top ten legal foreign exchange platforms in China choosing a reliable forex broker is crucial for traders. As a well-known online trading platform, Rockfort has attracted the attention of many investors. To help traders make informed decisions, we will evaluate Rockfort from multiple dimensions, including its regulatory status, service quality, trading conditions, and customer feedback, to gain a comprehensive understanding of whether this broker operates legally and whether the services it provides can meet the needs of traders at different levels. Through this evaluation, we hope to provide valuable reference information for those considering using Rockfort as their trading partner.

FTI's top 100 forex platforms can serve as a reference for selection. If a platform is not within the top 100, special attention should be paid to the main white-label relationships and risk warnings of the platform.

According to FTI, the platform called Rockfort was established in 2019, with a global ranking of 836 and a safety score of 60 points. The platform claims to have regulatory licenses from two countries, but there are 52 risk scanning alerts.

Based on previous information, Rockfort has faced some negative reports and complaints, suggesting that the broker may not be legitimate or trustworthy. Here are some key points:

1. **Regulatory Issues**: Although Rockfort Markets Limited does indeed hold a valid license issued by the New Zealand Financial Markets Authority (FMA), this does not seem to cover the entity serving mainland Chinese clients. Moreover, the regulatory oversight claimed by the Seychelles Financial Services Authority (FSA) has been questioned and might be a clone firm.

2. **Withdrawal Difficulties**: Multiple sources indicate that investors have encountered serious difficulties when trying to withdraw funds from their accounts, with some unable to withdraw at all. This is often a significant warning sign of a scam or problematic broker.

3. **Customer Service**: When customers encounter issues and seek assistance, they often do not receive effective support or responses. Customer service representatives may give vague answers without addressing the actual problems.

4. **Misleading Promotions**: There are reports that the broker may use a name similar to regulated entities to mislead investors into believing they are trading on a well-regulated platform.

Given this information, if you are considering using Rockfort as your forex broker, you should exercise great caution. It is recommended to conduct more in-depth research, which includes, but is not limited to:

- Confirming whether the broker operates legally under local laws.

- Checking for any current or past official warnings.

- Reviewing independent user reviews and ratings.

- Verifying the authenticity of all claimed regulatory licenses.

- Understanding the measures for fund safety and how to protect your investment.

If possible, it is usually safer to choose brokers with a good track record, high transparency, and supervision by reputable regulatory bodies. Additionally, before committing real funds, one might consider opening a demo account to test the broker's services. Finally, it's important to note that even legitimate brokers can result in losses due to market volatility, so risk management is also very important.

**FTI Comprehensive Review:** Currently, Rockfort's official website is inaccessible. Complaints relate to incorrect contract quotes or non-withdrawal issues, suggesting the platform may have already run away. With numerous negative pieces of information and generally average overall comments, the variety of tradable instruments is limited, and the handling of complaints is slow.

The quality of financial markets varies, and all carry investment risks. We must thoroughly investigate the platform before forextrustindex. To avoid scams, start with FTI.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!