RockStoneTrust Review: Is It Legit or Scam?

• False Regulatory Claims: RockStoneTrust fabricates licenses to appear legitimate. The FCA (UK) has issued a warning against them, highlighting the lack of necessary authorization for offering Forex trading services.
• Targeting Vulnerable Traders: They strategically target individuals in countries with stringent regulations, operating illegally and exceeding legal leverage limits.
• Lack of Transparency: Hidden fees and unclear information about commissions raise red flags. The absence of a demo account further emphasizes their unreliability.
• Unreliable Trading Platform: The platform boasts basic features and lacks advanced tools crucial for seasoned traders.
• Preference for Crypto Payments: Their preference for untraceable crypto payments adds to the suspicion of money laundering.

RockStoneTrust portrays itself as a reputable trading platform, boasting numerous licenses and promising optimal trading conditions. However, a closer look reveals a meticulously crafted hoax designed to exploit unsuspecting traders. This comprehensive review dissects the platform’s deceptive tactics and offers valuable insights for avoiding such scams.

Company Overview

License and Regulations

Legal Warning Against RockStoneTrust:

The Financial Conduct Authority (FCA) issued a warning on November 27, 2023, explicitly stating that trading with RockStoneTrust carries significant risks. Traders lack recourse to the Financial Compliance Service (FCS) or the Financial Services Compensation Scheme (FSCS) in case of disputes.

If you have lost money to companies like OneTouchInvest; or WisecapitalX; please report it to us on our report a scam form.

Why Dealing With An Unlicensed Broker Is Risky:

Unlicensed brokers operate outside legal frameworks, posing significant risks:

• Fund Security: No guarantee exists for the safety of your deposited funds.
• No Dispute Resolution: You have limited to no options for resolving financial disputes.
• Market Manipulation: Unregulated platforms can manipulate prices to steal your money.

Trading Platform & Leverages

Basic Platform: RockStoneTrust offers a web-based terminal with basic charts, graphs, and indicators. It lacks advanced tools and doesn’t support recognized third-party platforms like MetaTrader 4/5, SiriX, or cTrader.

Excessive Leverage: Their leverage options (1:100 or 1:500) significantly exceed legal limits in most jurisdictions, amplifying risks for traders.

Spreads and Cost of Trading

Unclear Fees: The platform lacks transparency regarding commissions and hidden fees, potentially leading to unexpected deductions from your trading capital.

Deposit and Withdrawal Process

Unreliable Methods: They accept various payment methods, including credit/debit cards, wire transfers, and cryptocurrencies. Cryptocurrency preference raises concerns about money laundering and difficulty in recovering funds.

RockStoneTrust Pros and Cons (Table)

Client Feedback (Unavailable due to Scam Nature)

Please note: Due to the scam nature of RockStoneTrust, genuine client feedback is likely unavailable. Reviews found online are likely fabricated or manipulated by the platform itself.

How Can “Reviewsadvice” Help You If You Get Scammed?

Disclaimer: This section is for informational purposes only and does not constitute legal advice.

If you believe you’ve fallen victim to RockStoneTrust’s scam, consider seeking professional assistance for fund recovery. 

However, it’s crucial to note that recovering funds from fraudulent platforms is often challenging or You can report to us today using the form below.