RockGlobal (Previously Rockfort Markets) is a Forex and CFD broker established in New Zealand that gives you convenient access to trade on worldwide financial markets. The broker was established in 2018 and is regulated by the FMA in New Zealand.
RockGlobal offers a wide product portfolio with thousands of financial instruments from various asset classes. You can trade forex, CFDs, commodities, cryptocurrencies, indices, shares, ETFs, options, and futures in one place. The broker provides quick and easy market access to trade via the most user-friendly MT4 trading platform and the proprietary Trader Workstation platform from multiple devices and environments.
Trading costs at RockGlobal are competitively low in terms of tight spreads and low commissions. In addition, STP and ECN order execution methods also provide fast execution speeds at some of the best prices in the market.
RockGlobal provides a wide range of educational resources and research tools, making it ideal for beginners keen to learn. The broker offers super friendly customer support 24/5. The minimum deposit requirement of $200 is not the lowest but they do have the option of a free demo account if you want to give them a try without making a financial commitment.
RockGlobal lets you trade CFDs on a great selection of markets via the user-friendly MT4 platforms for desktop, web and mobile. Regulation helps to give you peace of mind whilst the account opening process is simple and fast. The broker has very good trading conditions for all types of trading strategies.
RockGlobal is a regulated online broker with thousands of trading instruments to choose from so users have the opportunity to diversify their portfolio. Tight spreads starting from zero pips and low commissions, combined with the simplicity of MT4 and powerful interface of Trader Workstation, provide an edge to traders. The broker has a variety of educational and research resources like the fantastic Trading Central analysis software. RockGlobal also provides various funding options to make transactions quick and easy.
On the other hand, RockGlobal requires a minimum of $200 to open an account, and there are certain deposit and withdrawal fees. In addition, the broker has an inactivity fee if you do not trade for a certain period of time. Moreover, the company does not accept clients from some countries, including the US. The broker is not listed on any stock exchange, and its financial information is not publicly available.
Let’s go through the advantages and disadvantages of trading with RockGlobal.
- Trade forex, CFDs, shares, indices, metals, commodities, futures, options, and ETFs in one place
- Tight Spreads & low commission
- Fast order executions
- Regulated in New Zealand
- STP/ECN execution
- Multiple trading account types
- Multiple funding options and swift deposits & withdrawals
- Useful trading tools
- Weekly market analysis
- Free trading signals
- Trading Central
- Dedicated account manager
- 24/5 customer support
- MetaTrader 4
- Trader Workstation (TWS)
- Demo accounts
- Islamic accounts
- Rebates from the “Introducing Broker” programme
- Simple and Fast Account Opening
- Minimum $200 deposit
- Inactivity fee
- Small deposit and withdrawal fee
RockGlobal has a huge product portfolio of thousands of financial instruments from various asset classes. RockGlobal offers over 60 forex pairs, over 200 futures from over 22 exchanges, over 2,000 shares from over 14 countries, indices, options on stocks, ETFs, commodities, and futures, global CFDs, and popular cryptocurrencies in one place. Whatever your interests, there is something for everyone to trade. However, the broker does not offer trading instruments of bonds but AvaTrade do if that is something you are looking for.
RockGlobal Instruments Summary
Commission and Spread Fees
RockGlobal offer two account types, each with its own perks. You can choose to open a standard account with a minimum deposit of $200 and get access to decent spreads from around 0.8 pips with no commission fee because it is already implemented within a spread mark-up. Alternatively, you can open a pro account also with a minimum deposit of $200 and get zero spreads and a minimum commission of $6 per standard lot per round. These are generally very good trading conditions but you can get zero pip spreads with a commission of $2 per side through FXTRADING.com as an alternative broker.
|Fee||Standard Account||Pro Account|
|Commission (per standard lot per side)||$0||$3|
Deposit and Withdrawal Fees
Deposits made from credit/debit cards carry a deposit fee from the broker of 3% per transaction. Withdrawal processed in any non-NZD currency carries a withdrawal fee of $20.
RockGlobal charges an inactivity fee of 20 NZD after 6 months of inactivity and an account balance of less than $100. If you would rather avoid any inactivity fees because you may not trade for a while, Trade Nation do not charge any.
RockGlobal offers the most popular MetaTrader 4 trading platform for users who want simplicity in their trading. MT4 is packed with superb features like fast execution, algo trading, and social trading capabilities backed with deep liquidity when utilised via RockGlobal. In addition, the broker offers the professional Trader Workstation (TWS) that provides users access to Shares, Share CFDs, Forex, Futures, Options, and ETFs all from one account.
The platforms are fully loaded with all of the tools you need to conduct in-depth market analysis and find trading opportunities according to your own trading style. Moreover, RockGlobal offers trading tools like Trader Assistant to keep its clients aware of the markets and their accounts.
Let’s walk through each of the brokers trading platforms and tools.
MetaTrader 4 (MT4)
You can join millions of other CFD traders worldwide on the powerful RockGlobal MT4 platform. MetaTrader 4 is the world’s most popular trading platform for Forex and CFDs due to its user-friendly interface, amazing charting, vast amount of plug-ins, algorithmic trading, and quick execution speeds. The broker also offers you a dedicated Account Manager who will help you with the account opening process and troubleshooting.
MT4 allows you to trade with whatever chart type you like from bar charts, candlesticks, and line charts. You may even trade with a one-click trading feature right from the charts. You can analyse the charts with over 30 indicators, 20 line studies, and 50+ technical studies accessible for free in the MT4 marketplace. You may study charts on timescales ranging from 1 minute for day traders to monthly for long-term investors.
Here are the important features of MT4 with RockGlobal:
- Fast executions
- Deep liquidity
- Over 50 trading instruments
- Full functionality for Expert Advisors (EAs)
- Tight spreads
- 30+ technical indicators
- 3 chart types and 11 timeframes
- Multiple order types
- Live market quotes
- Account history
- MQL4 editor
- MetaQuotes community and marketplace
- One-click trading from the charts
- Strategy tester
- Algo trading
- Social trading
- Push notifications
- Available on desktop (Windows and Mac), web browsers, and mobile devices (iOS and iOS)
Trader Workstation (TWS)
Trader Workstation (TWS) has the broadest product offering of any online trading platform in the world, with Global Coverage in Stocks, Forex, Options, Stock CFDs, CFDs, and Futures. Traders have access to a Multi-Currency account, which allows them to trade shares on over 30 exchanges across the world and access news and research. Forex traders will like the specialised FX interface, which makes examining currency pairings and executing trades a snap.
Options traders will appreciate the Strategy Builder and the simplicity with which multi-leg strategies may be executed as a single order. TWS offers one of the most comprehensive selections of stock CFDs, as well as CFDs on metals, ETFs, and commodities, all with rapid execution and full reporting. From a single account, you may access all of the global markets with relative ease.
The TWS trading platform is available for Windows and Mac computers, as well as a mobile trading app for Android and iOS smartphones. The Trader Workstation (TWS) mobile app is one of the most robust mobile trading apps on the market, providing access to numerous markets, watchlists, and tools from the palm of your hand. The TWS mobile app allows you to trade Futures, Stocks, Options, Forex, and ETFs straight from the app interface. Your trading account may be seen and managed immediately from your smartphone wherever and whenever you need to.
Here are the summarised features of TWS:
- Trading on over 100 markets worldwide, including stocks, stock CFDs, forex, futures, options, and exchange-traded funds (ETFs)
- One of the world’s most comprehensive selections of Direct Market Access (DMA) Stock CFDs with minimal margins and exchange liquidity
- With Straight Through Processing (STP) and No Dealing Desk (OTC), trade over 60+ major and minor currency pairs with narrow spreads and lightning-fast execution
- With some of the industry’s lowest commissions, trade international shares on the ASX, US exchanges, Canada, and Europe
- Access the world’s most liquid Exchange Traded Funds (ETFs) listed on the NYSE/ARCA, such as SPY and TLT, via API and FIX access links on third-party trading platforms such as Multicharts Ninja Trader, Protrader, and even MT4
- Detailed reporting allows you to easily calculate year-end returns and examine all of your transactions in local currency
- Make savings on foreign exchange conversions using built-in conversion tools that allow you to convert funds in your Multi-Currency Account at fractions of a PIP rather than the exorbitant fees charged by most brokers
In the Telegram chat, you may access the markets even on the go. The Rockfort Trader Assistant is available to help you remain in touch with your trading account as well as the financial markets.
Given that the markets are continuously in motion, your mobile devices will receive market and account notifications via WhatsApp and Messenger. Whether you’re searching for a market overview or quotations for individual instruments, simply ask the Rockfort Trader Assistant for the information you need, and you’ll get it. The Trader Assistant lets you completely customise what you get when you receive it and where you receive it. Receive customised important market news, technical indications, and trading ideas delivered via popular messaging applications.
RockGlobal Platforms Summary
|MetaTrader 4 (MT4)||✓|
|MetaTrader 5 (MT5)||x|
For traders, RockGlobal has a dedicated education department. To begin, there is a detailed section on trading resources. At RockGlobal, both novice and experienced traders will discover a wealth of useful information. These contain trading manuals, MT4 trading terminal lessons, and financial market-related articles.
RockGlobal has teamed with Trading Central to provide sophisticated technical tactics to traders. Only live account holders have access to the Trading Central section. After you have validated and paid your account, you will have access to Trading Central’s analysis, trading signals, and many other features.
On the other hand, RockGlobal lacks other necessary research tools such as trading calculators and does not hold webinars, seminars, or podcasts to educate its clients. If you are looking for some more resources, then you might want to check out FXTM as they have a great selection.
RockGlobal is happy to have collaborated with Trading Central to provide customers with confident, fast, and knowledgeable market analysis to aid them with their trading. With the MT4 platform, you can access this dynamic product package which is an excellent tool for finding customised trading signals
Trading Central has been developing this since 1999 in order to provide the greatest assistance for your trading experience. The award-winning combination of automated AI analytics and senior analyst knowledge includes fundamental, technical, news, sentiment, and economic research. This breadth enables them to provide appropriate solutions to everyone, from novice investors to expert traders, regardless of trading style.
It is worth noting that you can get free access to Trading Central through a select few brokers. I always look for the availability of this tool along with the equally brilliant Autochartist analysis software. There are only a handful of brokers that I have come across who offer both, Forex.com and GO Markets being a couple of options to consider.
RockGlobal offers an MT4 plugin of Trading Central that has the following features:
- Global market news coverage 24/7
- Data provided directly to your email
- Long/Short Entry/Exit signals
- Candlestick pattern recognition
- Chart patterns recognition
The broker’s website’s education area contains thorough trading tutorials on how to utilise the broker’s platforms and trade the various products. Moreover, there is a section about risk management. Using the trading guidelines supplied, traders may learn how to navigate the financial markets.
In this section, you can learn about the financial products offered by RockGlobal. Moreover, this section has a variety of technical analysis and trading strategies. This can be used to help inspire possible trade ideas.
This section provides general information about risk management tools such as stop loss, take profit, and slippage.
RockGlobal Research and Education Summary
RockGlobal offer various funding options such as wire transfers, debit/credit cards, and electronic wallets. Transactions are processed instantly or in 3-5 business days, depending on the payment option used.
On the other hand, withdrawals are only possible via bank transfers, and the broker does not offer or accept payments in cryptocurrencies. If you are looking for crypto funding, then you could consider Axi instead.
RockGlobal Funding Summary
RockGlobal is registered and regulated by the Financial Markets Authority (FMA) in the New Zealand. However, the broker is not authorised or regulated by any other government regulatory authority.
RockGlobal is also a member of an independent dispute resolution scheme. If a satisfactory outcome cannot be achieved, you may refer your complaint to Financial Services Complaints Limited (FSCL).
RockGlobal Regulation Summary
|SFC (Hong Kong)||x|
Even though RockGlobal is only regulated by FMA in New Zealand, traders see this as a reliable option. If you are looking for broker regulated in multiple jurisdictions, Plus500 are very well-regulated.
On the other hand, RockGlobal is not listed on any stock exchange, and the financial information about the company is not disclosed. But the broker claims to keep its clients’ funds in segregated bank accounts to ensure its customers’ funds safety.
RockGlobal offers customer support 24/5 via live chat, phone, and email. I think they could improve by extending support hours to weekends in order to keep pace with competitors such as Fortrade.
RockGlobal is a regulated retail trading broker in New Zealand that provides online trading in Shares, Options, Cryptocurrencies, Indices, Forex, ETFs, CFDs, and Futures. The broker offers traders the easy and sophisticated MetaTrader 4 and Trader Workstation trading platforms, which are available for desktop, online, and mobile trading apps.
Overall, RockGlobal provides top-notch services to its clients, such as strong trading conditions, prompt customer care, and a variety of banking options for easily depositing and withdrawing cash. They have a minimum deposit requirement of $200 and provide free demo trading accounts if you want to try out the broker’s products and services before investing.