Rock West is a broker that provides investors with foreign exchange, metals, energy and index trading services. Rock West's official website is https://rock-west.com/. The website supports simplified Chinese and English only. The Rock West official website account registration page supports simplified Chinese, English, French, Portuguese, Spanish, Russian, Japanese, Korean, Malay, Vietnamese and other languages.
Company background:
According to Rock West's website, the company is incorporated in Seychelles. A search on the Seygo Connect website of the Government of Seychelles showed that the information that Rock West was registered in Seychelles was true. In addition, according to the domain name registration information of the website queried by Whois, the company's official website domain name was registered on October 7, 2019, and the domain name registration time has been more than 4 years.
Account Registration:
According to Rock West's website, the company provides investors with a link to sign up for a real account. The registration method of real account is: click "Start Trading" in the upper right corner of Rock West official website, or "Start Trading" on the left side of Rock West official website, select or fill in the name, Email, telephone number, password and other information as required to complete the real account registration. The Rock West official website account registration page supports simplified Chinese, English, French, Portuguese, Spanish, Russian, Japanese, Korean, Malay, Vietnamese and other languages. However, the Rock West website does not provide a link to sign up for a demo account.
Account Type:
Rock West's official website shows that the company has two types of accounts for investors, Standart and Raw. The Rock West website also provides the differences between the two account types in terms of minimum deposit, spread, margin ratio, overnight interest, deposit rewards, Social Trading, MAM and more.
Trading Products:
Rock West only shows on its website that it offers investors trading services in forex, metals, energy and indices. In addition, the Rock West website does not provide foreign exchange, metals, energy, index covered specific trading products, nor does it provide foreign exchange, metals, energy, index covered specific trading products spread, commission, margin ratio, overnight interest, trading hours and other information.
Margin ratio:
Rock West only shows the maximum margin ratio information of different account types in the "Account type" on the official website, and does not provide the margin ratio information of specific trading products covered by foreign exchange, metal, energy and index under different account types.
Trading Hours:
Rock West does not provide information on trading hours for FX, metals, energy, or specific trading products covered by the index.
Deposits and Withdrawals:
Rock West only shows the deposit and withdrawal methods and channels it may support on its official website, including SEPA, NETELLER, Skrill, etc., and does not provide information about its deposit and withdrawal currency, fees, deposit and withdrawal time, etc.
Trading Software:
Rock West website information shows that the company provides investors with MetaTrader5 (MT5) and self-developed RW Trader two kinds of trading software, Both of Rock West's trading software are available on PC (Winodws/MacOS), Web and mobile (IOS/Android). However, the Android version of MT5, RW Trader software in some countries or regions, there is no download installation or download installation speed is slow.
Risk warning:
According to Rock West's website, the company does not provide services to investors in some countries or regions for certain reasons. These regions or countries include the Balkans, Belarus, Myanmar, Canada, Central African Republic, Crimea, Congo, Cuba, Ethiopia, Hong Kong, Iran, Iraq, Israel, Lebanon, Libya, Somalia, North Korea, South Sudan, Syria, Venezuela, Yemen, the United States and Zimbabwe.
Regulatory information:
According to Rock West's website, the company is regulated or authorised by the Seychelles Financial Services Authority (FSA). A query on the Seychelles Financial Services Authority (FSA) website revealed that the company's regulatory or authorisation information was authentic.
Summary:
Rock West is a normal broker. Although Rock West's website does not provide clear deposit and withdrawal information, a query on the Seychelles Government's Seygo Connect and Seychelles Financial Services Authority (FSA) websites shows that the company is registered in Seychelles and is regulated or authorised by the FSA. Judging by this, Rock West is a normal broker. TraderKnows reminds you, please pay attention to your property safety, to avoid falling into the fraud trap.
