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Do you want to know which is the better broker between FOREX EXCHANGE and RockGlobal ?
In the table below, you can compare the features of FOREX EXCHANGE , RockGlobal side by side to determine the best fit for your needs.
--
--
EURUSD:-2.2
EURUSD:2.4
EURUSD:15
XAUUSD:32
EURUSD: -6.53 ~ 2.45
XAUUSD: -30.8 ~ 22
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of forex-exchange, rockfort lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
FOREX EXCHANGEReview Summary | |
Founded | 2004 |
Registered Country/Region | Japan |
Regulation | Regulated |
Market Instruments | Currencies |
Demo Account | ✅ |
Leverage | / |
Spread | / |
Trading Platform | MT4 |
Min Deposit | / |
Customer Support | Phone: 0120-555-729 |
Email: support@forex-exchange.co.jp | |
Physical Address: 〒 103-0025Tokyo chuo ward kaya, the nihonbashi 2-1-1 second securities pavilion |
FOREX EXCHANGE, incorporated in Japan in 2004. Currently regulated by the FSA, it allows traders to trade currency pairs through MT4 and supports free trading fees. But it did not provide specific information about the accounts.
Pros | Cons |
Regulated by FOREX EXCHANGE | No account details |
Support MT4 | |
Transaction fee, stop loss fee and account maintenance fee are 0 yen |
Regulated Country/Region | |
Regulated Authority | FSA |
Regulated Entity | FOREX EXCHANGE株式会社 |
License Type | Retail Forex License |
License Number | 関東財務局長(金商)第293号 |
Current Status | Regulated |
It can mainly trade 25 currencies.
Tradable Instruments | Supported |
Currencies | ✔ |
Precious metals & Commodities | ❌ |
Indices | ❌ |
Stocks | ❌ |
Bonds | ❌ |
ETF | ❌ |
The account opening process is as follows, consisting of four steps. You may refer to:
Transaction fee, stop loss fee and account maintenance fee are 0 yen. Deposits of more than 1 billion yen will be charged.
FOREX EXCHANGE offers MT4 for trading on desktop, mobile and tablet.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Desktop, Mobile, Tablet | Beginner |
MT5 | ❌ |
Withdrawals must be made from the website and can only be made in Japanese yen.
The withdrawal fee is free in principle. For withdrawals of less than 10,000 yen and withdrawals of more than 5 times per month, 540 yen will be charged per withdrawal.
The money will be remitted to your registered financial institution account within 4 working days.
Deposits can be made through regular bank transfers and fast deposits, with no minimum amount limit. Payment in Japanese yen only.
RockGlobal Review Summary | |
Founded | 2004-01-11 |
Registered Country/Region | New Zealand |
Regulation | Regulated |
Market Instruments | Forex (140+ currency pairs), Metals, Commodities, Indices, and Crypto CFDs |
Demo Account | Not mentioned |
Leverage | Up to 1:500 |
Spread | From 0 |
Trading Platform | MT4(PC & Mobile) |
Min Deposit | $50 |
Customer Support | Email: info@rockglobal.com |
Live Chat | |
Social Media: Facebook, Instagram, TikTok, etc. |
RockGlobal is a broker. RockGlobal provides various tradable instruments, including forex (140+ currency pairs), metals, commodities, indices, and crypto CFDs, and also offers standard and ECN accounts. In addition, RockGlobal sets a spread from 0, a minimum deposit of $50, and a maximum leverage of 1:500.
Pros | Cons |
Regulated | Difficult to withdraw negative feedback |
24/7 Live Support | Hide withdrawal information |
Leverage up to 1:500 | |
Spread as low as 0 | |
MT4 available | |
Various trading assets: |
The FSPR once regulated RockGloba, but it has expired. ASIC regulates the broker now and its license number is 282288. Generally regulated brokers are safer than unregulated ones. However, traders cannot ignore investment risks.
Traders can invest in various trading instruments, including forex (140+ currency pairs), metals, commodities, indices, and crypto CFDs.
Tradable Instruments | Supported |
Forex(140+ currency pairs) | ✔ |
Commodities | ✔ |
Metals | ✔ |
Indices | ✔ |
crypto CFDs | ✔ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
RockGlobal has standard and ECN accounts. Traders who want both low commissions and low deposits can choose to open a standard account. ECN is more suitable for traders who prefer 0 pip.
Account Type | Standard | ECN |
Products | 140+ currency pairs, stock indices, commodities, precious metals, and crypto CFDs. | |
Leverage | Up to 1:500 | Up to 1:500 |
Minimum Spread | 1.0 pip | 0.0 pip |
Commissions | $0 | $5 |
Minimum Deposit | $50 | $500 |
The standard account offers a minimum spread of 1.0 pip and no commission, while the ECN account offers spreads as low as 0 and a commission of $5.
The maximum leverage is 1:500, which means that profits and losses are magnified 500 times.
RockGlobal has an authoritative MT4 trading platform and traders can choose different versions, such as PC and Mobile App. Compared with MT5, junior traders prefer MT4.
Trading Platform | Supported | Available Devices |
MT4 | ✔ | PC & Mobile |
The minimum deposit is $50. Deposits are relatively low in the market. However, RockGlobals official website does not provide more information about withdrawals. It should be noted that some traders of this broker said that withdrawals are difficult.
RockGlobal provides 24/7 livesupport and email to contact. In addition, traders can learn more about RockGlobal through social media, including Facebook, Instagram, TikTok, etc.
Contact Options | Details |
info@rockglobal.com | |
Live Chat | ✔ |
Social Media | Facebook, Instagram, TikTok, etc. |
Supported Language | English |
Website Language | English |
Physical Address | Not mentioned |
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive forex-exchange and rockfort are, we first considered common fees for standard accounts. On forex-exchange, the average spread for the EUR/USD currency pair is -- pips, while on rockfort the spread is 0.0 pips.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
forex-exchange is regulated by FSA. rockfort is regulated by ASIC,FSPR.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
forex-exchange provides trading platform including -- and trading variety including --. rockfort provides trading platform including PRO ACCOUNT,STANDARD ACCOUNT and trading variety including --.