Below is a comprehensive analysis of Rockfort Markets Ltd (operating under the trading name RockGlobal, official website: https://www.rockglobal.com/) based on the requested criteria. The analysis draws on available information, including web sources, regulatory data, and critical evaluation of potential risks and red flags. Note that some aspects, such as specific website security tools or IP hosting details, may require further technical investigation beyond the provided data.
Several sources highlight complaints against Rockfort Markets/RockGlobal, raising concerns about its operations:
WikiFX Complaints:
Seven complaints were reported in the three months prior to the source’s publication. Issues include:
Inability to withdraw funds: Users reported that the platform does not allow withdrawal applications, with one user stating, “Unable to apply, unable to fill in the withdrawal amount, this is a fake platform.” Another complaint involved a $638 USD loss due to withdrawal issues.
Deposit processing issues: A user deposited $2,500 in February 2021, but the funds were not credited. The broker claimed their U.S. bank account was blocked and requested a transfer to another account, with the original funds not returned.
Poor customer service: Complaints note that contacting customer service via email is ineffective, with no responses.
Forex Peace Army:
A user reported that Rockfort canceled profits, alleging the user manipulated systems or traded with others. The complainant believed the broker trades against clients, stating, “Whenever you win, they lose.” A complaint lodged with the New Zealand regulator (FMA) was unhelpful.
ForexBrokerz:
A user described being misled into trading via WhatsApp by someone impersonating a legitimate contact. After transferring funds, withdrawal was blocked, with demands for commissions, a 10% U.S. tax, and a $2,500 security risk fee. The user concluded it was a scam and lost all funds.
Trustpilot:
Mixed reviews: Some users praised the broker for easy account setup, quick deposits/withdrawals, and responsive customer service, particularly for non-native English speakers. However, a critical review noted that RockGlobal’s license was revoked by the FMA, and the broker stopped answering phones, suggesting operational issues.Analysis: The volume and nature of complaints, particularly around withdrawals and deposit processing, are significant red flags. Allegations of canceled profits and demands for additional fees (e.g., taxes or security fees) are common tactics in fraudulent platforms. While some positive reviews exist, they are overshadowed by serious allegations and regulatory issues (detailed below).
RockGlobal’s risk level is high due to the following factors:
High Leverage: The broker offers leverage up to 1:2000 (per TraderKnows) or 1:500 (per WikiFX), which is extremely high and risky, especially for retail traders. High leverage magnifies both profits and losses, and such levels are often associated with brokers targeting inexperienced traders.
Regulatory Issues: The Financial Markets Authority (FMA) of New Zealand canceled RockGlobal’s Derivative Issuer (DI) license on July 19, 2024, due to multiple material breaches, including misleading advertising and governance failures. This significantly increases the risk of trading with an unregulated entity.
Complaints and Scams: Reports of withdrawal issues, unprocessed deposits, and allegations of trading against clients suggest a high risk of financial loss.
Lack of Transparency: The official website lacks detailed information on deposit/withdrawal methods, fees, and supported currencies, which is a risk indicator for potential hidden costs or operational issues.Risk Level: High. The combination of regulatory license cancellation, high leverage, and serious user complaints indicates a substantial risk to investors.
There is no specific information in the provided data about the security tools used by https://www.rockglobal.com/. However, general expectations for a legitimate broker’s website include:
SSL/TLS Encryption: The website should use HTTPS with a valid SSL certificate to secure data transmission. A WHOIS lookup or manual check would confirm this, but no such data is provided.
Two-Factor Authentication (2FA): Legitimate brokers typically offer 2FA for account logins, but there’s no mention of this on RockGlobal’s site.
DDoS Protection: No evidence suggests RockGlobal employs DDoS protection or other advanced security measures.
Privacy Policy: The website references a privacy policy, which is a positive sign, but its effectiveness is unclear without further details.Analysis: The lack of detailed information about security tools is concerning. Legitimate brokers typically highlight their security measures (e.g., encryption standards, 2FA) to build trust. Without this, users should assume minimal security until verified.
No specific WHOIS lookup data is provided for https://www.rockglobal.com/. However, general observations based on regulatory and company information:
Domain Ownership: The website is associated with Rockfort Markets Limited, a New Zealand-registered company (NZBN 9429042010807). The company was previously known as GPP Markets Limited and changed its name to Rockfort Markets Ltd.
Domain Age: The company was established in October 2015, suggesting the domain has been active for several years. Older domains are generally more trustworthy, but this is undermined by regulatory issues.
Registrar Privacy: No information indicates whether the domain uses privacy protection, which could obscure ownership details and raise suspicions if present.
Analysis: A WHOIS lookup would confirm domain registration details, but the company’s New Zealand registration and physical address (Group M Building Level 2, 22 Fanshawe Street, Auckland, 1010 New Zealand) provide some transparency. However, the FMA’s license cancellation and scam warnings about impersonating websites (e.g., www.rockfortmarket.net) suggest caution.
No specific IP or hosting data is available for https://www.rockglobal.com/. General expectations include:
Reputable Hosting Provider: Legitimate brokers use reliable hosting providers (e.g., AWS, Cloudflare) with uptime guarantees and security features.
Geographic Location: The hosting server should ideally align with the company’s operational base (New Zealand) or a major financial hub. Mismatched locations can be a red flag.
Shared vs. Dedicated Hosting: Shared hosting is riskier due to potential vulnerabilities from other sites on the same server.
Analysis: Without IP or hosting data, it’s impossible to assess this fully. Users should verify the website’s hosting provider and server location using tools like Cloudflare’s 1.1.1.1 or SecurityTrails to ensure legitimacy. The lack of transparency in this area is a minor red flag.
RockGlobal maintains a presence on multiple social media platforms, including:
Facebook, Twitter, LinkedIn, Instagram, TikTok, YouTube, Weixin: The broker uses these platforms to share updates, market news, and promotional content.
LinkedIn Profile: Rockfort Markets has a LinkedIn page with 214 followers, describing itself as a New Zealand-based multi-asset broker offering competitive spreads and access to over 26,000 instruments.Analysis: A social media presence is a positive sign, as it indicates engagement with clients. However, the content appears promotional (e.g., market updates, trading opportunities), and there’s no evidence of addressing customer complaints or regulatory issues on these platforms. Additionally, scammers often mimic legitimate brokers’ social media profiles, so users should verify account authenticity. The FMA’s warnings about impersonation scams reinforce this concern.
Several red flags and risk indicators emerge from the analysis:
Regulatory License Cancellation: The FMA canceled RockGlobal’s DI license in July 2024 due to multiple breaches, including misleading advertising, failure to comply with a 2021 Direction Order, inadequate governance (e.g., operating with one director instead of three), and missing mandatory information in its Product Disclosure Statement (PDS). This is a critical red flag, as unregulated brokers pose significant risks.
Misleading Advertising: The FMA flagged RockGlobal for claiming to be a “forex and share broker” when its license only covered derivatives. Advertisements also lacked required PDS statements and downplayed derivative risks.
Withdrawal and Deposit Issues: Complaints about blocked withdrawals, unprocessed deposits, and demands for additional fees (e.g., taxes, security fees) are consistent with scam tactics.
Impersonation Scams: The FMA issued warnings about websites (e.g., www.rockfortmarket.net, www.rockfortcrypto.com) impersonating Rockfort Markets. While https://www.rockglobal.com/ is the official site, the prevalence of fake sites increases the risk of brand confusion.
High Leverage: Offering leverage up to 1:2000 is unusually high and risky, often used to attract inexperienced traders who may incur significant losses.
Lack of Transparency: The website lacks detailed information on fees, deposit/withdrawal methods, and hedging counterparties, which hinders informed decision-making.
Governance Issues: Operating with insufficient directors and failing to maintain compliance standards suggest operational instability.Analysis: The combination of regulatory non-compliance, user complaints, and impersonation risks creates a high-risk profile. The license cancellation is particularly damning, as it removes the primary assurance of oversight and client protection.
The content on https://www.rockglobal.com/ includes:
Trading Platforms: Offers MetaTrader 4 (MT4) and Trader Workstation (TWS) for trading forex, CFDs, commodities, indices, shares, ETFs, options, and futures. MT4 is described as customizable with technical analysis tools, while TWS supports multi-asset trading.
Account Types: Standard Account (1.0 pip spread, no commission, $50 minimum deposit) and ECN Account (0.0 pip spread, $5 commission per lot, $500 minimum deposit). Both offer up to 1:2000 leverage.
Educational Resources: Provides trading guides, risk management tutorials, and a Q&A section. Access to Trading Central’s analysis is available for live account holders.
Customer Support: Claims 24/7 support via live chat, phone, and email, with a Telegram-based Trader Assistant for market updates.
Risk Warnings: Includes standard disclaimers about the high risk of CFDs and leverage, advising users to consider the PDS and seek independent advice.Analysis: The website presents a professional appearance with standard broker features (e.g., MT4, educational content). However, the lack of transparency on fees and banking methods, combined with the FMA’s findings of misleading claims, undermines credibility. The high leverage promoted (1:2000) is a red flag, as it targets high-risk trading without adequate risk disclosure.
RockGlobal’s regulatory status is a critical concern:
Previous Regulation: Rockfort Markets Limited was registered in New Zealand (NZBN 9429042010807) and held a Derivative Issuer License (FSP509766) from the FMA. It was also a member of the Financial Services Complaints Limited (FSCL), an approved dispute resolution scheme.
License Cancellation: On July 19, 2024, the FMA canceled the DI license due to eight material breaches, including:
Non-compliance with a 2021 Direction Order to remove misleading advertising.
Inadequate systems for compliance with license conditions.
Failure to maintain governance standards (e.g., insufficient directors).
Missing PDS information on hedging counterparties.
Ongoing misleading claims about forex and share broking services.
Current Status: As of April 22, 2025, RockGlobal is unregulated, as the FMA deemed it unfit to hold a license. The broker was instructed to close out remaining derivatives contracts to protect investors.Analysis: The loss of the FMA license is a major red flag, as it removes regulatory oversight and client protections. Unregulated brokers are inherently riskier, and RockGlobal’s history of non-compliance suggests ongoing issues. Users should avoid trading with unregulated entities, especially given the FMA’s public warnings.
To protect themselves, users should take the following precautions when considering RockGlobal:
Verify Regulatory Status: Confirm the broker’s status with the FMA (www.fma.govt.nz) before trading. As of now, RockGlobal is unregulated, so users should avoid it.
Check Website Authenticity: Ensure you’re accessing https://www.rockglobal.com/ and not impersonating sites (e.g., www.rockfortmarket.net). Use WHOIS or ICANN to verify domain ownership.
Test Withdrawals: If already engaged, attempt small withdrawals to test the platform’s reliability. Be wary of demands for additional fees.
Use Demo Accounts: Practice with a demo account to assess the platform without financial risk.
Seek Independent Advice: Consult a financial advisor to evaluate the risks of high-leverage CFD trading, especially with an unregulated broker.
Report Issues: If scammed, contact your bank immediately and report to the FMA or local authorities. File complaints with FSCL (www.fscl.org.nz) if applicable, though its relevance is limited post-license cancellation.
Monitor Social Media: Verify the authenticity of RockGlobal’s social media accounts to avoid fake profiles used in scams.Analysis: Given the regulatory issues and complaints, users should avoid RockGlobal entirely. If already involved, prioritize withdrawing funds and reporting issues to authorities.
Brand confusion is a significant issue for RockGlobal due to:
Impersonation Scams: The FMA issued warnings in 2021 about websites (e.g., www.rockfortmarket.net, www.rockfortcrypto.com, www.rockfort-markets.com) falsely claiming association with Rockfort Markets. These sites scammed overseas investors, mixing legitimate contact details with fraudulent ones.
Name Similarity: The name “Rockfort” or “RockGlobal” could be confused with other financial entities, such as BlackRock, a major asset management firm. BlackRock has warned about fraudulent use of its name in scams, including fake bonds and crypto schemes. While no direct link exists, the similarity in naming conventions could mislead users.
Previous Name: The broker was formerly GPP Markets Limited, which may cause confusion for users researching its history.Analysis: The prevalence of impersonating websites and potential name similarity with reputable firms like BlackRock heighten the risk of users engaging with fraudulent entities. Users must verify the exact website (https://www.rockglobal.com/) and be cautious of lookalike domains or social media accounts.
While RockGlobal presents itself as a legitimate broker with MT4/TWS platforms, educational resources, and a social media presence, the following critical points outweigh these positives:
Regulatory Failure: The FMA’s license cancellation is a definitive indicator of non-compliance and unfitness to operate as a derivatives issuer. This alone renders RockGlobal an unsafe choice.
User Complaints: Consistent reports of withdrawal issues, unprocessed deposits, and profit cancellations suggest operational or intentional misconduct.
Scam Associations: Impersonation scams and allegations of fraudulent tactics (e.g., demanding fees for withdrawals) align with common scam patterns, even if the official site is not directly responsible.
High-Risk Offerings: The 1:2000 leverage is predatory, targeting inexperienced traders likely to incur losses.
Lack of Transparency: Missing details on fees, banking methods, and hedging counterparties hinder informed decision-making and violate regulatory standards.
The positive reviews on Trustpilot and claims of good customer service are insufficient to counterbalance these issues, as they may reflect isolated experiences or promotional efforts. The FMA’s actions and user complaints provide a more reliable picture of risk.
Rockfort Markets Ltd (RockGlobal) is a high-risk broker due to its canceled FMA license, history of misleading advertising, serious user complaints, and association with impersonation scams. The official website (https://www.rockglobal.com/) offers standard broker features but lacks transparency on critical details like fees and banking methods. High leverage (up to 1:2000) and governance failures further elevate the risk. Potential brand confusion with fraudulent sites and reputable firms like BlackRock adds to the danger.
Recommendation: Avoid trading with RockGlobal due to its unregulated status and red flags. If already engaged, attempt to withdraw funds immediately, verify the website’s authenticity, and report issues to the FMA or local authorities. Consider regulated alternatives with stronger compliance records, such as brokers licensed by ASIC, FCA, or CySEC. Always conduct thorough due diligence, including WHOIS lookups and regulatory checks, before investing.
Sources: This analysis is based on the provided web references (,) and critical evaluation of the data. No information was invented, and gaps (e.g., IP hosting, specific security tools) were noted where data was unavailable.
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