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RedRock FX
United Kingdom|2-5 years| https://www.redrockfx.com
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Rating Index
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No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United Kingdom
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed RedRock FX also viewed..
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Website
redrockfx.com
Server Location
United States
Website Domain Name
redrockfx.com
Server IP
157.245.160.46
Company Summary
| RedRock FX Review Summary | |
| Founded | 2021 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Forex pairs and CFDs on stocks, indices, commodities and cryptocurrencies |
| Demo Account | ✅ |
| Leverage | 1:400 |
| EUR/USD Spread | From 0.1 pips |
| Trading Platform | MT4 |
| Copy Trading | ✅ |
| Min Deposit | $100 |
| Customer Support | Email: info@redrockfx.com |
| Physical address: 71-75 Shelton Street, Covent Garden, London, WC2H9JQ | |
| Equitable Life Building, 3435 Wilshire Blvd, Los Angeles, CA 90010 | |
| 10 Anson RD #34-10, Singapore 079903 | |
| 1276 Govant Building, Kumul Highway, Port Vila, Republic of Vanuatu | |
RedRock FX is a broker registered in the United Kingdom in 2021. It offers trading in currency pairs, CFDs on stocks, indices, commodities, and cryptocurrencies, with a minimum deposit requirement of $100 and leverage up to 1:1000. In addition, the broker claims to support trading on MT4 and offers copy trading with top Wall Street traders.
However, RedRock FX currently lacks any legal oversight from a regulatory institution.
Pros and Cons
| Pros | Cons |
| Various trading choices | No regulation |
| Multilingual support | No info on deposit and withdrawal |
| No commissions | |
| Demo accounts available | |
| Various account types | |
| MT4 support |
Is RedRock FX Legit?
RedRock FX is unregulated by any official authorities. Although it claims registration in the United Kingdom, upon verification with the UK's Financial Conduct Authority (FCA), no information regarding RedRock FX could be found.
The company's domain was registered on November 9, 2021, updated on November 10, 2024, and is due to expire on November 9, 2025.
What Can I Trade on RedRock FX?
RedRock FX offers diverse financial instruments in currency pairs, CFDs on stocks, indices, commodities (metals, oil, and gas), and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
There are five types of live accounts available on RedRock FX, with minimum deposits ranging from $100 to $20,000, along with varying spreads and leverage. For detailed information, please refer to the following form.
Additionally, it provides a demo account for new traders to get accustomed to the platform and refine their trading skills.
| Account Type | Min Deposit | Max Leverage | Spread |
| Standard | $100 | 1:1000 | 0.3 pips |
| Crypto Collateral | $5,000 | 1:500 | 0.5 pips |
| Redrock FX VIP | $20,000 | 1:400 | 0.1 pips |
| Redrock FX STP | $5,000 | 1:500 | 0.6 pips |
| Redrock Pamm | $2,000 | 1:1000 | 0.5 pips |
Leverage
RedRock FX offers leverage up to 1:1000, which is extremely high and already prohibited by most countries. Additionally, since RedRock FX is not regulated by any authority, it is advisable to avoid trading with this company at such a high leverage level.
Spread
RedRock FX offers spreads starting from 0.1 pips for EUR/USD, which is quite competitive in the industry. However, regardless of how attractive its spreads may be, it is advisable to avoid trading with an unregulated broker.
Trading Platform
RedRock FX provides the MT4 trading platform, a world-leading professional trading platform that is accessible through both web and app. However, it remains uncertain whether such an unregulated broker has obtained trading permission from the MT4.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web and APP | Beginners |
| MT5 | ❌ | / | Experienced traders |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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