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RockStoneTrust Review | An International Company or Scam?

by Kevin Berry
Rating: 
  1/5   Reviews: 1
RockStoneTrust - logo

RockStoneTrust offers to join a community of 3 million users and start trading financial assets. According to the official website, it is an international company represented in 85 countries, with its headquarters in Switzerland. Online reviews are too few, and there is no mention of a license. How favorable are the trading conditions? Can the broker be trusted at all? Isn’t this a scam? And why is the website tcminvestments.com of a completely different organization mentioned in the user agreement? We’ll try to find answers to all these questions, as well as thoroughly analyze the platform and identify red flags.

Highlights

🏛️ Country Switzerland
⚠️ Regulation
🖥️ Website https://rockstonetrust.com/
🎲 Demo Account No
⏳ Start Time 2023
💲 Minimum Deposit $10,000
⚖️ Minimum and Maximum Leverage
⚙️ Trading Platform WebTrader
📨 E-mail support@pulsetraderpro.com
📞 Phone +41 325 087 218

First Impression of Rockstonetrust.com

RockStoneTrust uses a combination of poisonous, bright green colors with dark tones on its official website. Whether such a design is successful is up to individual interpretation. However, such a color palette hardly seems suitable for a brokerage company.

RockStoneTrust - site

The stated advantages and statistics of the broker’s activities are highly questionable, as there is no evidence on the site. The firm does not provide legal documents, yet presents facts as if we are dealing with one of the most well-known brokerage intermediaries.

The website is uninformative and partially incomplete. For instance, in the description of the tariff plans, RockStoneTrust forgot to remove templated phrases that are presented on website builders: “Lorem, ipsum dolor”. Was it really so difficult to review all the text added to the site and edit such obvious gaps?

Site(2)

Partnership and Bonuses

The affiliate program is not mentioned on the RockStoneTrust website, so it might be assumed that the opportunity to earn additional income by inviting traders is absent. However, this is not the case, as during the creation of a personal cabinet, clients can enter a promo code, which clearly indicates the existence of an affiliate program. Bonuses are also not mentioned, so it’s unclear whether they exist.

Account Opening on Rockstonetrust.com

To examine the interface of the personal cabinet and study the platform, registration is required. The registration process at RockStoneTrust is straightforward and simple.

Registration

After providing a name, phone number, and other details, the client portal opens immediately. Notably, no confirmation email for the registration was received. Essentially, security at RockStoneTrust is not even at a basic level, but lower.

Nothing good can be said about the convenience of the personal cabinet, as it is integrated into the trading platform. Or conversely, the terminal is integrated into the dashboard. It would have been much more convenient and safer to separate the client portal from the platform, but since RockStoneTrust uses a primitive platform, it is just wishful thinking.

RockStoneTrust - dashboard

Unlike the website, the dashboard interface is translated into 9 languages besides English. Clients can perform basic operations: view trading and transaction history, change personal information, fund deposits, create withdrawal requests, and upload documents for KYC. However, RockStoneTrust does not offer a demo account to users, so the terminal can only be tested with real money.

Verification

To expedite the processing of withdrawal requests, traders must comply with the “Know Your Customer” (KYC) identification procedure stipulated by RockStoneTrust. Traders are required to provide all necessary documents and information for the safe and accurate processing of their funds. Typically, withdrawal requests are processed within 4-7 business days, but return times may vary depending on compliance with procedures, the chosen withdrawal method, and additional security measures.

The document upload process takes place in the client portal in the appropriate section. It is enough to select the type of document and upload the file. The KYC at RockStoneTrust is standard: confirmation of identity and residence.

Pros
  • Easy to upload documents.
Cons
  • No AML&KYC policy on the website.

Trading Software

The broker’s trading platform is a standard Webtrader with an interface built from the popular Tradingview service. Looking at the terminal, one immediately wonders: “Where are the tools for technical analysis?”. While the chart is taken from Tradingview, the toolkit is not. Clients can only change the type of charts, timeframe, and connect indicators.

The availability of a smartphone application is also doubtful. The website has links to download the MetaTrader 5 terminal for Android/iOS and computers, but RockStoneTrust is not found in the lists of brokers connected to MetaTrader 5. Why does the firm offer to download MT5 if it is not actually connected to it?

Terminal

There is limited functionality available to traders. This includes pending orders, stop-loss and take-profit functions, lists of favorite assets, and an order panel. As mentioned earlier, technical analysis is absent, and there are no auto-trading, copy-trading, or advanced options. Such software is not suitable for serious and successful trading.

Features RockStoneTrust InvestFW MTcapitals
Demo Account ✔️
Mobile App
Own Development ✔️

How Can I Trade With RockStoneTrust?

Next, we’ll look at the types of accounts, as this determines the trading conditions available to traders.

All Info About Accounts

RockStoneTrust offers 7 types of accounts, with a minimum deposit size that is simply staggering. To activate the first tariff, one needs to invest no less than $10,000. Where does such an inadequate requirement come from, if the norm for the industry is no higher than $100 for the initial deposit? Meanwhile, traders who open the first type of account receive a large set of additional services:

  • Dedicated account manager.
  • Introduction to the trading platform.
  • Tips and guidance on risk management strategies.
  • Basic-level market education sessions.
  • Customized trading alerts.
  • Risk-free trade opportunities.
  • Hands-on guided trading sessions.
  • Eligibility for time markets managed account service.

Account types

It’s unknown how the other tariffs differ besides the enormous minimum deposit, as the broker forgot to edit the description, and instead of services, the same phrase “Lorem ipsum dolor sit amet” is repeated everywhere. However, even if there was a proper description of services, there would be no point in analyzing them because the requirements at RockStoneTrust for topping up the balance are simply exorbitant. Who is ready to invest $500,000 or more in a little-known firm?

Commissions and the size of spreads are unknown, although these are the most important conditions that traders pay attention to first. In addition, the company also conceals the size of the leverage. Both an Islamic account and a demo account are absent.

Pros
  • Not found.
Cons
  • $10,000 is too high a minimum deposit.
  • Swap-free option, as well as a demo account, are absent.
  • Important trading conditions are not disclosed.

Market Analysis and Education With Rockstonetrust.com

In the personal account, there are two additional options. The first allows for investing money to receive passive income, but activating it requires contacting a manager. The second option allows for exchanging money, but no details are provided. Additionally, RockStoneTrust offers owners of a Premium Account discretionary management with a commission of 2% annually, plus 20% of the profit earned. Capital placement period, minimum amount, and other details are not specified.

Other additional possibilities, such as market analytics and training, are described in the tariff plans. Widgets like an economic calendar, news feed, or calculator are absent.

Deposit, Withdrawal, and Fees

RockStoneTrust sets a rule for withdrawing money – it must be to the same details from which the balance was topped up. Clients can transfer money using fiat methods (credit/debit cards) and cryptocurrencies. A commission is charged for withdrawing funds:

  • Credit/debit card 5%.
  • Wire bank transfers $10-25.
  • Cryptocurrency – unknown.

If a trader shows no activity for 30 days, a commission of 5% will be charged from the balance. However, elsewhere on RockStoneTrust, it mentions 3 months, with a 10% commission. The firm contradicts itself.

Features RockStoneTrust Tradercr Legends Financial Company
Debit/Credit Cards ✔️ ✔️ ✔️
Electronic Payments ✔️
Crypto Transfers ✔️ ✔️
Deposit Fee
Withdrawal Fee ✔️

How Can I Contact It?

RockStoneTrust shares its phone number and email address, but contacting managers is unlikely because the email address turned out to be fake. The online chat is only available to current clients, so it cannot be used without a personal account. There is nothing to say about social media accounts; they are absent.

Email

Pros
  • None.
Cons
  • Email doesn’t exist.

Is RockStoneTrust Dangerous?

At this stage of our investigation, there are already enough red flags indicating potential fraud. Fake email, high minimum deposit, complete anonymity and secrecy of the company – these are the key drawbacks and scam indicators, but there are many more less significant ones. However, before reaching a final verdict on RockStoneTrust, let’s examine the duration of the operation and its legitimate status.

How Long Does The Broker Work?

The duration of the company’s operation is unknown, which is not surprising. When was the broker founded? A good question, the answer to which can be hinted at by the domain of the official website, without which no platform can operate. The website’s domain was registered in October 2023. So, the answer to the question of the founding date – RockStoneTrust appeared in October 2023. Can a firm with such a short lifespan have 3 million clients? Obviously a lie and fake.

Domain

How Is RockStoneTrust Regulated?

Now let’s address the issue of regulation, which is also one of the most important and cannot be ignored. The broker indicates a legal address in Switzerland, so our task is to check the FINMA registry. That financial commission controls the activities of brokerage intermediaries in this jurisdiction. Unfortunately, FINMA doesn’t even know about the existence of RockStoneTrust. It means the organization operates illegally.

RockStoneTrust - FINMA

And is the presence of a legal address in Switzerland true, or is it another fabrication by fraudsters? Let’s check the legal entity registry to find out the truth. In the Central Business Name Index, RockStoneTrust is absent. Now everything is clear.

Name Index

Features RockStoneTrust VastWealth TradinBull
European Zone
Asian Zone
American Zone
African Zone
Offshore

Frequently Asked Questions (FAQ)

How to Trade With RockStoneTrust?

To start trading, it is first necessary to create an account by filling in personal information. Before depositing funds, it is necessary to contact a manager who will likely request identity verification. Even if not explicitly stated, KYC is a mandatory procedure. There is no demo account, so it is impossible to test the service without risking losing money.

Is RockStoneTrust Legit?

The broker is not regulated at all. Checking the FINMA registry revealed the absence of such a firm. Moreover, the organization is also absent in the registry of legal entities. The activity is illegal.

How Risky Is It?

RockStoneTrust represents a 100% risk because the company operates without a license, and the Swiss address is fake.
Kevin Berry
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Expert Opinion

Here is another scambroker, aiming to deceive people for $10,000 and more. I would like to add about the business model, which is blissfully ignored on the fraudsters’ website. There is no doubt that we are dealing with a classic 100% B-Book, or in other words, a dealing desk. Therefore, it makes absolutely no sense to trade here. Such platforms are not interested in the success of traders; on the contrary, they need lost deposits to make a profit. RockStoneTrust even lies about MetaTrader 5. There is no MetaTrader 5 here, never was, and never will be. Who do the scammers want to deceive? I hope that not a single person has fallen for the obvious tricks of anonymous criminals.

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The level of trust
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1 review about RockStoneTrust

YoutubeBlogger November 21, 2023 - 13:59
A fake platform that wants to scam you!
The level of trust
Quick withdrawal of funds
Efficiency of technical support

If you see positive reviews about the scam and fraud platform RockStoneTrust, know that these are fake reviews. It is unlikely that there will be financially illiterate people who will think of the stupidest idea – to invest a minimum of $10,000 in an unknown, fraudulent pseudo-company.
There is no license here, the legal address is fictitious, the email is fake, and the firm’s fame is at absolute zero. It has no guarantees; no one knows about this fraud. Anonymous criminals try to find gullible traders who can be easily deceived for money. So stay away. I am an experienced trader, I know what I am talking about, these are scammers pretending to be real brokers. Do not believe them.

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