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Do you want to know which is the better broker between MONEY SQUARE and RockGlobal ?
In the table below, you can compare the features of MONEY SQUARE , RockGlobal side by side to determine the best fit for your needs.
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EURUSD:14.5
XAUUSD:31.89
EURUSD: -6.18 ~ 2.48
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 money-square, 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:
Registered Country/Region | Japan |
Regulation | FSA |
Minimum Deposit | No minimum initial deposit requirement |
Maximum Leverage | 1:25 |
Minimum Spreads | 0.1 pips on for USD/JPY |
Trading Platform | A Proprietary trading platform |
Demo Account | Yes |
Trading Assets | 15 currency pairs |
Payment Methods | Quick deposits and Transfer Payment |
Customer Support | Phone, Email, Online Chat |
General Information & Regulation
MONEY SQUARE, INC. was established in October 2002 as a company mainly engaged in over-the-counter foreign exchange trading. The company is authorized and regulated by the Financial Services Agency of Japan (FSA) under License No. 5010401112058. Also, MONEY SQUARE is authorized and regulated by the Securities Dealers Association of Japan under Financial Instrument Operator No. 2797 of Kanto Finance Bureau Director (Financial Instruments).
Market Instruments
Users can trade 15 currency pairs, generally 1,000 currency units at a time, except for 10,000 units for South Oran/JPY and Mexican Peso/JPY.
Spreads
MONEY SQUARE does not set transaction fees for users, but charges a certain amount of spreads, for example, from 0.1 pips for USD/JPY, 0.1 pips for GBP/JPY and 0.1 pips for NZD/JPY.
Margin & Leverage
If placing an order, individual users must guarantee at least 4% margin (25:1 leverage) on the value of each currency pair traded. However, corporate users have a slightly different margin rate, which is 0.96% for USD/JPY for example.
Open an account
MONEY SQUARE only supports online account opening, if a client needs to apply for both Forex and CFD accounts, then he/she needs to apply separately. In addition, MONEY SQUARE does not charge any account opening fees and account maintenance fees.
Trading Platform
MONEY SQUARE provides clients with access to the world financial markets through Tralipi®, a trading platform developed by the trader itself, which supports both PC and cell phones.
Deposit & Withdrawal
Users can make deposits via both quick deposit and transfer payments. MONEY SQUARE recommends the former because it is instant and free of charge, while the latter requires the client to bear the transfer fees. Note that MONEY SQUARE only accepts Japanese Yen for deposits/withdrawals.
Trading Hours
MONEY SQUARE offers forex trading hours based on the US market, including daylight saving time - Monday: 7:20am to 5:50am the next day; Tuesday to Friday: 6:20am to 5:50am the next day; winter time - Monday: 7:20am to 6:50am the next day; Tuesday to Friday: 7:20am to 6:50am the next day.
Pros & Cons
Pros | Cons |
FSA-regulated with long establishment | Limited currency trading |
A series of trading tools | Conservative leverage |
No transfer fees | Only accepting Japanese Yen for depsoits and withdrawals |
Competitive spreads | Non-MT4/MT5 trading platform |
No trading fees applied | |
No account opening & maintenance fees |
Frequently Asked Questions
Does MONEY SQUARE offer leverage?
MONEY SQUARE provides leverage capped at 1:25.
What deposit and withdrawal payment does MONEY SQUARE accept ?
MONEY SQUARE support payment through quick deposit and transfer payments.
Does MONEY SQUARE offer demo accounts ?
No clear information about this part is disclosed.
Does MONEY SQUARE charge a commission?
No, MONEY SQUARE does not charge commissions, only spreads calculated.
What is trading hour set by MONEY SQUARE ?
MONEY SQUARE offers forex trading hours based on the US market, including daylight saving time - Monday: 7:20am to 5:50am the next day; Tuesday to Friday: 6:20am to 5:50am the next day; winter time - Monday: 7:20am to 6:50am the next day; Tuesday to Friday: 7:20am to 6:50am the next day.
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 money-square and rockfort are, we first considered common fees for standard accounts. On money-square, 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.
money-square 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.
money-square provides trading platform including -- and trading variety including --. rockfort provides trading platform including PRO ACCOUNT,STANDARD ACCOUNT and trading variety including --.