Comprehensive Review of Marketrocks

Recently, more and more brokers have been registering in the offshore zone of the Comoros Islands. Statistics show that the majority of such firms are scams. Will Marketrocks be an exception to the rule? In this review, we’ll try to find out.

Highlights

Key Trading Features

To evaluate the trading conditions at Marketrocks, it’s essential to examine their account plans, as these determine the minimum deposit and additional options. However, some parameters are the same for all clients, regardless of account type: a minimum lot size of 0.01 and leverage up to 1:200.

A leverage of 1:200 is a telltale sign of an offshore and unregulated broker. Companies operating under the oversight of strict and reputable financial commissions are not allowed to offer such high leverage. Regulators cap leverage at 1:30 to protect traders. This alone suggests that Marketrocks is not regulated by any serious authority.

Regarding the tariff plans, Marketrocks offers several options, starting with the “Beginner” plan requiring a $10,000 deposit, and ending with a VIP account, for which the amount must be clarified personally. First, the minimum deposit. $10,000 is not just a high threshold; it is an exorbitant amount for most beginners. Any reputable broker with a solid reputation would offer starter accounts with minimum investments of around $100. Here, the amount is clearly inflated to deter those unwilling to risk significant sums and to focus on attracting large investments.

Of course, the company does not offer either a demo account or a cent-based plan. Testing the platform’s capabilities and functionality is only possible with investments starting at $10,000. This is precisely what scammers aim for — to steal your money in one large sum.

The higher the tariff, the more money you need to invest. This is a classic approach of any fraudulent broker. Judging by the trading conditions, Marketrocks is no different from most other scams.

Overview of Available Trading Instruments

Traders are offered a standard set of assets: forex, metals, indices, commodities, cryptocurrencies, and stocks. Nothing special here, but it’s crucial to understand that Marketrocks is a CFD broker. This means there are no spot markets or futures here. As is well-known, CFDs are financial instruments that are easy to manipulate because they are essentially artificial assets.

Trading Platform Analysis

Marketrocks claim their platform is a “fully functional terminal” perfect for any trader. They promise ultra-fast execution, advanced analysis tools, and a user-friendly interface. Sounds appealing, doesn’t it? However, these are just words.

First, there are no specific platform names mentioned — no MetaTrader, no cTrader, or any other well-known solutions. They simply call it an “institutional-level platform”, but is it really? A secret? Or something so basic they are too embarrassed to reveal it? They claim the platform is available on mobile devices, PCs, and as a web version. However, there’s a problem — not a single link to mobile applications is provided on the site. Want to download it? You can’t.

Another unpleasant issue — you won’t be able to verify the platform firsthand. As soon as you try to register an account, the system gives an error. What kind of error? Nobody knows. It could be a website bug, or it could be a standard scam tactic. The less you see, the easier it is to convince you that everything is perfect. Marketrocks asks you to contact their support managers to resolve this issue.

Additional Services

Additional options are described in the tariff plans, but very superficially. Marketrocks offers a personal manager, trading strategy development, daily technical analysis signals, webinars, and other services.

The broker provides no specifics on how these services are delivered. Moreover, most of them are only available to well-off traders who can activate plans with minimum deposits starting from $25,000 or more.

Fee Structure

Marketrocks claims to have zero commissions and floating spreads. Is this good or bad? Don’t think these are favorable conditions because there’s something dangerous behind zero commissions. How does the intermediary earn money if the commission is zero? Most likely through spreads, which are not even disclosed. Traders don’t know how much they’ll be paying. And that’s a red flag.

The very idea of commission-free trading sounds suspicious. Brokers are commercial entities, and their primary goal is to make money. If they aren’t charging you directly, they are doing so in other ways. For example, they benefit when you lose money. Your orders are not sent to liquidity providers, meaning Marketrocks acts as your counterparty. In other words, the company needs its clients to lose money.

So, if a company doesn’t disclose transparent information about commissions and fees, it’s always alarming. The company tries to appear attractive with its “zero commissions”, but this often hides entirely different mechanisms that can easily lead to the loss of your funds.

Legitimacy of Marketrocks

The firm shares its legal details. It is owned by Capital Edge Ltd, a legal entity registered in Mwali, Comoros Islands. We checked the MISA registry for this company, and it does indeed exist. Capital Edge Ltd was registered in 2024.

MISA is a little-known organization whose name you won’t find among reputable regulators like the FCA, CySEC, or ASIC. It is a local authority that issues licenses for almost anything without strict checks. For brokers, it’s a convenient way to “pretend” they are operating legally. However, this kind of “regulation” offers no real protection for traders.

Trusting brokers like Marketrocks, who lack serious licenses, is very risky. At any moment, the platform could block withdrawals, and in such a case, no one would be able to help the clients.

Company History

The company’s official website does not state how long it has been operating. It is clear that Marketrocks simply does not want to disclose information about its short history. The legal entity was registered in the spring of 2024, and the domain marketrocks.com appeared in September 2023. In summary, the operating period is extremely short. This is yet another negative factor.

Conclusion

Marketrocks is a classic example of an offshore broker with minimal regulation, inflated deposit requirements, and opaque trading conditions. The lack of a serious license, issues with platform access, hidden fees, and clear signs of a dealing desk with a conflict of interest all point to the fraudulent nature of the company. Entrusting your money to such a broker is highly dangerous.

Weighing the Pros and Cons

Common Questions