RockGlobal is a CFD (Contracts for Difference) broker founded in New Zealand in 2015. The company is headquartered in Auckland and has branches in Saint Vincent and the Grenadines. It primarily offers CFD trading services for forex, commodities, precious metals, indices, and more. The broker's official website is available in English and Simplified Chinese, but it does not provide services to residents of Cuba, Iran, Laos, Mozambique, Myanmar, New Zealand, North Korea, Sudan, Syria, Russia, Belarus, or the United States.
Company Background:
RockGlobal operates in New Zealand under the legal entity "Rockfort Markets Limited" with the company number NZBN 9429042010807. According to information from New Zealand's Companies Office, the company was established in October 2015. It was previously known as GPP MARKETS LIMITED and is directed by New Zealand nationals Adrian David O'FLYNN and Howard Wallace Dean WILCOX.
In Saint Vincent and the Grenadines, RockGlobal is registered under the company entity "RockGlobal International LLC" with company number 3108 LLC 2023. Information obtained from the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA) website confirms the company's registration in 2022, matching the provided information on the broker's official website.
Regulatory Information:
RockGlobal is regulated by the Financial Markets Authority (FMA) of New Zealand, with certification number FSP509766. According to the FMA's official website, this broker was granted regulation by the authority in July 2016.
RockGlobal Official Website:
The broker's global website is https://www.rockglobal.com/, and the Chinese version is available at https://www.rockglobal.com/cn. The website is available in both English and Simplified Chinese. Information from a Whois query indicates that the RockGlobal website domain was registered on January 11, 2004, which makes it 19 years old as of today.
Trading Products:
RockGlobal provides a variety of financial instruments for trading, including:
Forex: Offers the opportunity to trade various currency pairs in the forex market through forex CFDs. Forex CFDs allow investors to trade based on the price movements of one currency relative to another, with examples including EUR/USD, GBP/USD, and USD/JPY.
Commodities: Commodity CFDs allow investors to potentially profit from price fluctuations in raw materials and resources, such as crude oil, copper, and iron ore. These CFDs enable participation in various commodity markets without the need to hold the physical assets.
Precious Metals: Precious metal CFDs, including gold and silver, offer trading opportunities based on price changes. Investors can trade precious metals without needing to possess the physical assets.
Indices: Index CFDs enable investors to trade based on the price performance of market indices without the need to buy or sell individual components.
These products offer investors opportunities to access different financial markets and manage risk using various investment portfolios.
Trading Platform:
RockGlobal provides the widely recognized MT4 trading platform for forex trading. MT4 offers a customizable interface with various technical analysis tools, customizable charts, and a range of built-in indicators such as MACD, KDJ, CCI, and more. The platform is compatible with multiple devices, including PCs and mobile devices, making it convenient for traders.
Account Registration:
To open an account with RockGlobal, visit the official website and click on "OPEN ACCOUNT" in the upper right corner. Follow the instructions to select or enter your trading name, phone number, country, email, and other required information, then click "OPEN LIVE ACCOUNT."
Account Types:
RockGlobal offers two types of accounts:
- Standard Account (Minimum Deposit:$50 USD)
- ECN Account (Minimum Deposit: $500 USD)
Traders can choose the account type that best suits their trading needs.
Spreads and Leverage:
Both account types offered by RockGlobal have the same maximum leverage of 1:2000 but differ in spreads, minimum deposits, and commissions:
- Standard Account: Maximum Leverage 1:2000, Minimum Deposit $50 USD, Minimum Trade Size Not Specified, Starting Spread 1.0 pip, No Commission.
- ECN Account: Maximum Leverage 1:2000, Minimum Deposit $500 USD, Minimum Trade Size Not Specified, Starting Spread 0 pip, $5 USD Commission.
Risk Warning: Trading with high leverage in the forex market carries a significant level of risk, and investors should receive proper education about the market's mechanisms. It's essential to carefully consider your investment goals and risk tolerance before trading with high leverage.
Deposit and Withdrawal:
RockGlobal's official website does not provide detailed information regarding deposit and withdrawal methods, supported currencies, fees, etc.
IB (Introducing Broker) Services:
RockGlobal supports Introducing Broker (IB) services. Users can fill out an IB registration form on RockGlobal's website under the "Partners" section and await a response from the broker.
Customer Support:
Investors can contact RockGlobal's 24/7 customer support through online chat, phone, or email. They can also follow the broker on various social media platforms, including Facebook, Twitter, LinkedIn, for updates and information. In cases of urgent inquiries, customers can contact the broker by phone.
Summary:
RockGlobal's registration information on its official website is accurate, and it is regulated by the Financial Markets Authority (FMA) of New Zealand. However, the broker offers a maximum leverage of 1:2000, which is significantly high. Investors should exercise caution and carefully consider their investment objectives and risk tolerance. As of the present, RockGlobal is marked as "operating normally" on Trading Circle, formerly known as TraderKnows.
