Rock Shield Capital Markets

Overview of Rock Shield Capital

Rock Shield Capital, established in 2023 and based in Australia, is flagged with a “Suspicious Clone” warning by ASIC, indicating potential regulatory concerns.

The company offers a variety of trading options, including Forex, metals & energy, indices, and stock CFDs. Clients can choose between a Standard account with no commission and 0 pip spreads or an ECN account that charges $7 per lot with 1 pip spreads.

Rock Shield Capital provides leverage up to 1:500 for Forex, and 1:100 for indices and commodities. Traders can utilize the MetaTrader4 platform or Web trading platform, and a demo account is available for practice. For customer assistance, the company can be contacted via email at info@rockshieldcm.com.

Regulatory Status

Rock Shield Capital is flagged as a “Suspicious Clone” by the Australia Securities & Investment Commission (ASIC).

Despite claiming to be regulated in Australia with a Straight Through Processing (STP) license, its status raises red flags for potential clients.

The company lists a license number (441277), but due to the suspicious clone status, it's advised that traders exercise caution and verify the legitimacy of the firm's regulatory claims before engaging in any trading activities with them.

Pros and Cons

Pros:

1. Diverse Range of Products: Rock Shield offers a wide variety of leveraged products across multiple asset classes, including foreign exchange, indices, stock CFDs, commodities, precious metals, and cryptocurrencies, meeting a broad spectrum of traders' interests.

2. Competitive Spreads: The company advertises competitive spreads, which can enhance trading efficiency by reducing the cost of trading for clients.

3. Access to Global Markets: Traders have the opportunity to engage with global markets, including American, European, Asian, and Australian indices, along with over 5,000 popular stocks and major cryptocurrencies.

4. Leverage Options: Rock Shield provides leverage options, which can amplify potential profits (though it also increases risk), allowing traders to potentially generate significant returns from relatively small market movements.

5. Trading Platform Options: The availability of the MetaTrader4 platform and Web trading platform offers flexibility and advanced tools for traders to execute and manage their trades effectively.

Cons:

1. Regulatory Concerns: The designation of “Suspicious Clone” by ASIC raises significant red flags regarding the company's legitimacy and regulatory compliance, which could pose risks to the security of client funds and personal information.

2. High Leverage Risks: While leverage can increase potential profits, it also significantly raises the risk of substantial losses, particularly for inexperienced traders who may not fully understand the implications of using high leverage.

3. Limited Account Types: With only two account options (Standard and ECN), some traders will find the offerings less customizable compared to other brokers that offer a wider range of account types to suit different trading styles and needs.

4. Few Customer Support Options: While email support is provided, the lack of additional support channels such as live chat or phone support could limit the immediacy and effectiveness of assistance for clients.

5. Clone Firm Risk: Being flagged as a clone firm implies that Rock Shield may be impersonating a legitimate firm, which can lead to trust issues and concerns about the transparency and honesty of business operations and practices.

Products & Services

Rock Shield Capital offers a variety of market instruments for traders to engage with across different asset classes, providing ample opportunities for diversified trading strategies:

1. Forex: Traders can participate in the world's most traded market with Rock Shield, benefiting from competitive spreads and a diverse range of account types. This allows traders to engage with major, minor, and exotic currency pairs in a dynamic trading environment.

1. Metal & Energy: The platform offers trading in metal and energy markets, allowing traders to engage with commodities such as precious metals (gold, silver, etc.) and energy commodities (like oil and gas). This sector often attracts traders looking to diversify their portfolios or hedge against inflation.

1. Most Traded Instruments: While not explicitly detailed in the provided text, Rock Shield hints at offering a selection of the most traded instruments, likely encompassing popular assets across forex, commodities, indices, and possibly cryptocurrencies, reflecting their commitment to meet a wide array of trading preferences.

1. Indices: The platform likely provides the opportunity to trade various global equity indices, allowing traders to speculate on the performance of sectors or entire markets across different regions, including American, European, Asian, and Australian indices.

2. Stock CFDs: Traders have the option to engage in the trading of stock CFDs, offering access to over 5,000 popular stocks worldwide. This provides an opportunity for traders to speculate on the price movements of individual companies without owning the underlying assets, leveraging the benefits of trading on margin.

Account Types

Rock Shield Capital offers two distinct trading account types, each meeting different trading preferences and strategies:

1. ECN Account: This account is designed for traders who prefer trading with direct market access and no interference. The ECN Account features very low spreads starting from 0 pips, which is ideal for high-frequency traders and those who prefer scalping strategies. However, it comes with a commission of $7 per lot, a cost that traders need to factor into their trading strategies.

2. Standard Account: The Standard Account is more suited for general traders and beginners, offering a more traditional trading environment with spreads starting from 1 pip. This account does not charge commission on trades, making it a cost-effective option for those who prefer a simpler cost structure. The swap fees may vary, providing flexibility depending on the trading strategy employed.

How to Open an Account？

Opening an account with Rock Shield Capital is a streamlined and straightforward process, outlined in three key steps:

1. Register: Begin by completing your registration on the Rock Shield Capital website. This step involves filling out your personal information and submitting the necessary identification documents to comply with regulatory requirements and verify your identity.

2. Fund: Once your account is set up and verified, you can proceed to fund it. The initial deposit requirement is $1000, allowing you to start trading with a substantial capital base. Ensure you choose a funding method that aligns with your convenience and financial preferences.

3. Trade: With your account funded, you're all set to dive into the world of trading. Utilize Rock Shield Capital's diverse range of trading instruments to grow your capital, engage in different markets, and implement your trading strategies to achieve your financial objectives.

Leverage

Both the ECN and Standard accounts offered by Rock Shield Capital provide leverage options of up to 1:500 for Forex, 1:100 for indices, and 1:100 for commodities.

Spreads & Commissions

The ECN Account features spreads starting from 0 pips and charges a commission of $7 per lot.

In contrast, the Standard Account offers spreads beginning from 1 pip and comes with zero commission.

Trading Platform

Rock Shield Capital offers the MetaTrader 4 (MT4) platform, renowned for its versatility and user-friendly interface, attracting to traders of all skill levels. The platform is available in various formats to suit different trading preferences:

1. Mobile App: The MT4 mobile app, available for both Android and iOS devices, offers intuitive and feature-rich trading. It allows traders to engage in one-swipe trading, access advanced charting tools, and leverage exclusive performance analytics while on the move.

2. Web Trading: The MT4 web platform facilitates forex trading directly from any browser on Windows, Mac, or Linux operating systems without the need for additional software. This version offers ease of access and convenience, requiring only an internet connection to trade.

3. MT4 Enhanced: This enhanced version of MetaTrader 4 provides a comprehensive trading experience with advanced technical analysis, a versatile trading system, options for algorithmic trading, expert advisors, and mobile trading capabilities, addressing the varied needs of the trading community.

Customer Support

Rock Shield Capital provides customer support through their office in Australia, located at Level 1, 254 Rundle Street, ADELAIDE SA 5000. A

dditionally, they have plans to expand their physical presence with an office in Dubai, UAE. For direct assistance or inquiries, customers can reach out via email at info@rockshieldcm.com.

Conclusion

Rock Shield Capital offers diverse trading account options, advanced trading platforms, and strategic global office locations to support its clients.

With MetaTrader 4 as its platform, traders have access to robust trading tools and can trade on various devices. The firm's customer support and upcoming expansion into Dubai indicate its commitment to broadening its accessibility and enhancing its service offerings.

FAQs

Question: Where is Rock Shield Capital's office located？

Answer: The main office is in Adelaide, Australia, at Level 1, 254 Rundle Street, ADELAIDE SA 5000. They also plan to open a new office in Dubai, UAE.

Question: What account types does Rock Shield Capital provide？

Answer: Rock Shield Capital offers ECN and Standard accounts with varying spreads and commission structures.

Question: How can I contact Rock Shield Capital for support？

Answer: You can contact them via email at info@rockshieldcm.com for any support or inquiries.

Question: What is the minimum order volume for trading accounts at Rock Shield Capital？

Answer: The minimum order volume for both ECN and Standard accounts is 0.01.

Question: Can I trade on the move with Rock Shield Capital？

Answer: Yes, Rock Shield Capital provides a mobile trading app for both Android and iOS, enabling you to trade on the go.