Note: ROCKSTONE FX official site - https://rockstonefx.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
What is ROCKSTONE FX？
ROCKSTONE FX, an international brokerage headquartered in the United Kingdom, provides online trading services to its customers. However, the broker operates without any valid regulations from any regulatory authorities which raises concerns about its liability and dependability. Furthermore, the non-functional website heightens the question, significantly increasing the associated investment risks within the platform.
In our upcoming article, we will present a comprehensive and well-structured evaluation of the broker's services and offerings. We encourage interested readers to delve further into the article for valuable insights. At the end of the article, we will provide a concise summary that highlights the distinct characteristics of the broker for a clear understanding.
Pros & Cons
Pros:
Acceptable minimum deposit: ROCKSTONE FX requires a minimum deposit of $100, which is affordable for most traders even for beginners.
MT4 trading platform: ROCKSTONE FX provides the widely-acclaimed MT4 trading platform to its traders. The platform is well recognized for its user-friendly interface and advanced charging tools.
Cons:
Unregulated: The lack of regulation raises concerns about investor protection and oversight, potentially exposing clients to higher risks due to the absence of regulatory safeguards and accountability measures.
Website unavailable: Inaccessibility to the website hampers clients' ability to access trading platforms, account information, and essential resources, leading to disruptions in trading activities and communication with the broker.
Lack of transparency: Limited transparency regarding trading conditions, fees, and policies undermines clients' trust and confidence in the broker, creating uncertainty and ambiguity in their trading experience.
Is ROCKSTONE FX Safe or Scam？
When considering the safety of a brokerage like ROCKSTONE FX or any other platform, it's important to conduct thorough research and consider various factors.
Regulatory sight: Currently, this broker is running without any legitimate regulatory supervision, fostering doubts about its legitimacy and trustworthiness. This worry is heightened by the broker's inaccessible website. It's vital to engage in comprehensive research when involving oneself with any financial entity, particularly when clear cautionary indicators like these are evident.
User feedback: Three reports about being unable to withdraw exposed on WikiFX, which severely questions the company's reliability on daily operation. This serves as a serious warning for anyone considering their services and urges utmost caution.
Security measures: So far we cannot find any security measures info on Internet for this broker.
In the end, choosing whether or not to engage in trading with ROCKSTONE FX is an individual decision. It is advised that you carefully balance the risks and returns before committing to any actual trading activities.
Accounts
While ROCKSTONE FX doesn't publicly disclose specific account types, they do cater to beginners by offering a minimum deposit of $100. This lower threshold allows you to start trading with a manageable amount and test the waters before committing larger sums.
It's important to research ROCKSTONE FX's features and offerings in more detail to determine if they align with your trading goals and risk tolerance. Since they don't explicitly list account types, it's recommended to contact them directly to inquire about different options or features offered.
Leverage
ROCKSTONE FX extends leverage options of up to 1:100, enabling traders to amplify their trading positions and potentially enhance their returns. With leverage, traders can control larger positions in the market with a smaller initial investment, thus magnifying profit opportunities. However, it's crucial for traders to understand the risks associated with leverage, as it also amplifies potential losses.
Trading Platform
ROCKSTONE FX enhances the trading experience by providing the widely acclaimed MetaTrader 4 (MT4) platform. Recognized for its user-friendly interface and powerful features, MT4 offers traders advanced charting tools, technical analysis capabilities, and automated trading options. The platform's stability and reliability make it a preferred choice for both novice and experienced traders alike.
Customer Service
ROCKSTONE FX provides customer support via email, offering assistance for inquiries and concerns. Additionally, clients can reach out through phone communication for more immediate assistance.
Tel: +44 0208 906 0578.
Email:info@rockstonefx.com.
Conclusion
In conclusion, ROCKSTONE FX, a brokerage firm based in the United Kingdom, offers online trading services to global traders. However, its unregulated status and ongoing website inaccessibility issues raise significant concerns. Furthermore, its unavailable website and negative reports further dampens the firm's credibility. Therefore, we encourage you to consider other brokers who prioritize transparency, adhere to regulations and deliver professional services.
Frequently Asked Questions (FAQs)
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
