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RockFort Markets Review
RockFort Markets lost its New Zealand derivatives issuer license in 2024 after the FMA found repeated rule breaches, and its own old website no longer loads.
Min Deposit
$2024
Spreads From
Not applicable, the FMA cancelled this firm's license in 2024
Max Leverage
Not applicable, the FMA cancelled this firm's license in 2024
Platforms
N/A
Pros
- Once held a genuine FMA derivatives issuer license, not an unlicensed operation
- The FMA confirmed Rockfort had no link to several scam sites copying its name
- FMA action forced Rockfort to close out client positions rather than vanish
- It operated as a registered New Zealand company since 2015
Cons
- The FMA cancelled Rockfort's derivatives license in 2024 for breaching eight obligations
- FMA found the firm ran misleading forex and share broking ads for years
- Rockfort lost its High Court appeal against the license cancellation in 2023
- The real rockfortmarkets.com website no longer loads for visitors today
RockFort Markets was the trading name of Rockfort Markets Limited, an Auckland registered company that held FMA license FSP509766 to offer derivatives like forex and CFDs. In 2019 and 2020, the FMA challenged the firm over advertising that appeared to promise forex and share broking services beyond what its license covered.
The FMA ordered Rockfort to fix that advertising in March 2021, then found the same misleading claims still live in August 2022. In March 2023, the FMA cancelled Rockfort's license for breaching eight license obligations. Rockfort lost a High Court appeal in November 2023, then dropped a further appeal, and the case became public in September 2024.
As part of the cancellation, the FMA made Rockfort close out its remaining open client positions. The FMA separately warned in 2021 about scam sites, including a hyphenated copycat of its own name, that copied Rockfort's identity. The genuine rockfortmarkets.com site itself no longer loads today.
Min. Deposit
USD 2024
Max Leverage
Not applicable, the FMA cancelled this firm's license in 2024
Spreads From
Not applicable, the FMA cancelled this firm's license in 2024
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
