RockChainFXC Review: A Closer Look at the Broker’s True Colors

You may learn how the RockChainFXC scam is carried out, and how to tell bad brokers from good ones, and this RockChainFXC review provides you a closer look at the broker’s profile so you have enough knowledge to determine whether or not to trade with them. Continue reading this RockChainFXC review to keep informed. 

The only way to understand how to spot scam brokers—both regulated and unregulated—is to conduct research, read reviews, and go through our in-depth evaluations. Make sure to read our Conalp review for a list of additional brokers you should steer clear of.

Who Is RockChainFXC? All About Rockchainfxc com

The broker offers trading in 500+ cryptocurrencies and forex at their Rockchainfx trading platform. The downside is that they aren’t using MT4 or MT5 and using an unreliable trading platform can result in fraud, especially if the broker is unregulated. There is not even a registered address for the brokerage but we did find information that they were established in 2022. They are relatively new to the market so traders are advised to proceed with caution. 

Regulation Info

RockChainFXC is not regulated by any financial authority. Trading with unregulated brokers can result in losing your investments or even worse, they can get you into debt. The only thing they offer is KYC (Know Your Customer) policy and AML (Anti Money Laundering) policy, which is something most unregulated brokers offer. 

It’s important to note that the broker is not regulated by the Financial Conduct Authority (FCA) in the UK, or the Investment Industry Regulatory Organization of Canada (IIROC) where it mostly operates from. Traders are advised to proceed with utmost caution. 

RockChainFXC Broker Profile

This broker only offers, well, none, in terms of features. Considering the broker’s profile, we haven’t yet discovered a single advantage. According to our research, they allow trading in more than 500 cryptocurrencies and forex, so that would be a bonus. Concerns are raised about their trading platform, minimal deposit, and lack of educational resources. The fact you have to deposit $2,500 to gain access to educational resources just confirms that this broker is no good. 

RockChainFXC Account Types

RockChainFXC offers different account types with varying features and requirements:

BASIC:

• Deposit: Up to $2499
• Commissions: 5%
• Swap 24Hrs: 1.5%
• Leverage (Crypto): 1:1 – 1:2
• Spreads: Variable
• Minimum Spread: 2.4
• MQL Access
• Leverage (Forex): 1:50

SILVER:

• Deposit: $2500 – $9,999
• Commissions: 4%
• Swap 24Hrs: 1%
• Leverage (Crypto): 1:3 – 1:5
• Spreads: Variable
• Minimum Spread: 2.1
• MQL Access
• Leverage (Forex): 1:100

GOLD:

• Deposit: $10,000 – $74,999
• Commissions: 3%
• Swap 24Hrs: 1%
• Leverage (Crypto): 1:5 – 1:10
• Spreads: Variable
• Minimum Spread: 1.8
• MQL Access
• Leverage (Forex): 1:100

PLATINUM:

• Deposit: $75,000 – $149,999
• Commissions: 2.5%
• Swap 24Hrs: 0.85%
• Leverage (Crypto): 1:10 – 1:20
• Spreads: Variable
• Minimum Spread: 0.6
• MQL Access
• Robots
• Leverage (Forex): 1:100

VIP:

• Deposit: $150,000+
• Commissions: 1.5%
• Swap 24Hrs: 0.65%
• Leverage (Crypto): 1:10 – 1:20
• Spreads: Variable
• Minimum Spread: 0.4
• MQL Access
• Robots
• Leverage (Forex): 1:100

PRIVATE EQUITY: 

• Deposit: $400,000
• Comissions 1%
• Swap 24Hrs 0.5%
• Leverage (crypto) 1:10-1:20
• Spreads Variable
• Minimum Spread 0,4
• MQL access
• Leverage (Forex) 1:100

Is RockChainFXC Safe To Trade With?

Given the above-mentioned red flags, we wouldn’t advise using RockChainFXC as a reliable trading platform. One or more of the company’s advantages, such as leverage, commissions, or spreads, do not by itself make it a wise decision. There are better possibilities for you given their lack of regulation. 

Looking for a reliable trading option? Avoid RockChainFXC because of the warning signs that have been found. We can help you find reputable, regulated brokers who prioritize your financial security. Get expert assistance from us right away and think about better possibilities. Call right away to arrange your no-obligation consultation and trade with confidence! 

RockChainFXC Review: Traders’ Thoughts and Opinions

The reviews of their traders on Trustpilot shocked us. If we’re being really honest, we never anticipated a nontransparent, unregulated broker to have so many ratings and a high overall rating. They have received more than 200 reviews, earning an average rating of 4.9. Unfortunately, reviews can be altered or removed, and there are other qualities to consider in a broker. 

Only 3% of evaluations are negative, and those that are centered on withdrawal troubles and concerns about traders losing all of their capital due to manipulation of the trading platform. One trader expressed his frustration, saying: “I Lost my entire Personal Retirement Savings of over £80k. If I could I would give a negative star rating I would. Please hang up your Phone to any Crypto Brokers, as they sweet talk you into getting your money with promises of large percentage returns. They use unconventional methods of money transfers since this industry is not regulated.”

Another trader expressed their problems with the trading platform and how easily it can be manipulated: “There’s no winning when it comes to this company. Their trades are always manipulated as if it’s not enough I had all my money stuck with them for months.” 

A Look at RockChainFXC’s Traders They Serve

According to reports, the broker keeps phoning traders and pleading with them to make more and larger deposits. Your money is locked up with the brokerage after you deposit or make a profit, and since they are unregulated, there isn’t much you can do about it. Their major trading partners are from: 

• United Kingdom
• Canada
• New Zeland
• Australia
• South Africa

Even after having so many good reviews, there are still reports of the broker scamming people by calling nonstop and asking for more money. Traders should proceed with caution and look at all factors before deciding whether or not to invest with RockChainFXC. 

RockChainFXC Pros and Cons

Long Story Short – RockChainFXC

In conclusion, RockChainFXC is not a trustworthy option. Even while the company has several benefits, like as low commissions, spreads, and trader reviews, the hefty deposit requirements are excessive when compared to those of other brokers. In addition, they lack transparency and are unregulated, which are two of the most crucial characteristics to look for in a broker. At the RockChainFXC login page, there isn’t even a demo account available so you can test out their services. 

Avoid falling victim to frauds like RockChainFXC or Capital Zone. Make sure you conduct research or speak with a specialist for trading guidance. If you get in touch with us, keep in mind that there is no commitment and that we can greatly improve your trading experience. 

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