RocoForex

RocoForex cannot be considered safe or reliable. According to WikiFX data, the broker's SkyEye Score is 1.62, reflecting a critically poor assessment across key safety and operational metrics. Its regulatory status is flagged as a 'Clone Firm', indicating it falsely presents credentials belonging to a legitimate, regulated entity. This means it operates with no credible financial oversight and offers a complete lack of investor protection mechanisms, presenting a severe risk warning to potential traders.

No, RocoForex is not a regulated broker. WikiFX assessment indicates its regulatory status is classified as a 'Clone Firm'. Specifically, it has been found to falsely claim the Australian Securities & Investments Commission (ASIC) license number 391441, which legitimately belongs to EightCap Pty Ltd. RocoForex itself holds no valid, authoritative forex trading licenses from any major global financial regulator.

The minimum deposit requirement for RocoForex is not publicly disclosed. Given the broker's classification as a 'Clone Firm', which carries a severe risk warning, potential traders should be aware that any engagement with such an entity entails significant financial risks.

RocoForex's support for the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms is not explicitly confirmed. The WikiFX assessment does not list specific trading platform information for this entity.