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ROCK-WEST Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-05-29 17:17

Abstract:  Rock-West operates as an online broker based in Seychelles, offering a wide array of trading assets, including forex, indices, commodities, and cryptocurrencies. Rock-West provides traders with the popular MT5 and its proprietary Rock-West platform. On this platform, the spread starts from 0 pips, and leverage is up to 1:2000. However, Rock-West doesn't offer its service to residents from certain areas.

Rock-West Review Summary
Founded2019
Registered Country/RegionSeychelles
RegulationOffshore regulated by FSA
Market InstrumentsForex, Indices, Commodities, Cryptocurrencies
Demo Account✅
LeverageUp to 1:2000
SpreadFrom 1.4 pips (Standard account)
Trading PlatformMT5, RW Mobile App, RW Trade
Copy Trading✅
Minimum Deposit$50
Customer SupportLive Chat
Social Media: LinkedIn, Facebook, Instagram, Telegram, TikTok, YouTube, X
Regional RestrictionsAlbania, Bosnia, Belarus, Burma (Myanmar), Burundi, Canada, CAR, Crimea, Congo, Cuba, Dem. Rep. of Ethiopia, Russia, Iran, Iraq, Israel, Lebanon, Libya, Kosovo, Somalia, North Korea, South Sudan, Syria, Venezuela, Yemen, the USA, Zimbabwe

Rock-West Information

  Rock-West operates as an online broker based in Seychelles, offering a wide array of trading assets, including forex, indices, commodities, and cryptocurrencies. Rock-West provides traders with the popular MT5 and its proprietary Rock-West platform. On this platform, the spread starts from 0 pips, and leverage is up to 1:2000. However, Rock-West doesn't offer its service to residents from certain areas.

Rock-West's homepage

Pros and Cons

ProsCons
MT5 supportedOffshore regulated
Three account typesCommission charged
Demo accounts availableLimited contact channels

Is Rock-West Legit?

  Not exactly. Rock-West operates under offshore regulation, meaning traders using this platform lack the investor protections typically provided by major financial authorities.

Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
The Seychelles Financial Services Authority (FSA)Offshore RegulatedMAIV LIMITEDRetail Forex LicenseSD044
Offshore regulated by FSA

What Can I Trade on Rock-West?

  Traders on Rock-West get access to market instruments including forex, indices, commodities, and 170+ cryptocurrencies.

Trading AssetAvailable
forex✔
cryptocurrencies✔
commodities✔
indices✔
stocks❌
bonds❌
options❌
funds❌
ETFs❌

Account Type

  Rock-West offers Standard, Raw, and an additional VIP Raw accounts on the Rock-West native platform and MT5 for trading CFDs.

  • Standard Account: This account type has a lower minimum deposit requirement and offers various benefits such as zero commissions, high leverage, and bonuses.
  • Raw Account: This account type has a higher minimum deposit but offers extremely low spreads.
  • VIP Raw account: Rock-West doesn't disclose much information about this account type on its website.

  Furthermore, Rock-West maintains regular accounts alongside additional account services.

  • Demo account: Demo accounts are available on both live accounts for traders to test out this platform without risking real money.
  • Swap-free (Islamic) account: Rock-West offers swap-free accounts upon request, available on the Standard account in USD.
  • Joint account: Joint accounts are available upon request, and to traders who hold a joint bank account.

  This table provides a clear comparison of the features and specifications for Standard and Raw account types.

Account Type

Standard Raw
Minimum Deposit$50$250
Maximum Leverage1:20001:1000
Spread From 1.4 pipsFrom 0.0 pips
Commission$0$8 per lot
Bonus100%/
Maximum Bonus$10,000/
Withdrawable Bonus$2 per Lot upon hitting target/
Copy Trading✔❌
Swap FreeUpon request/
Minimum Lots0.01
Stop Out Level30%
Suitable forTraders of all experience levelsHigh frequency traders & Scalpers
Account comparison

Leverage

  Leverage on this platform is up to 1:2000 and varies based on the account and the asset class.

LeverageStandard RAW
Forex1:20001:1000
Metals1:8001:400
Indices1:100
Commodities
Cryptos1:10

Fees

  Standard accounts feature spreads from 1.4 pips, while Raw accounts offer raw spreads (from 0 pips + commission).

  Rock-West charges 0% commission for standard accounts. However, when it comes to Raw accounts, the commission is $8 per lot.

Account Type

Standard Raw
Spread From 1.4 pipsFrom 0.0 pips
Commission$0$8 per lot

Trading Platform

  Rock-West offers both MT5 and its proprietary Rock-West platform.

Trading PlatformSupported Available Devices Suitable for
Rock-West platform✔Desktop, Mobile, Web/
MT5✔Desktop, Mobile, WebExperienced traders
MT4❌Desktop, Mobile, WebBeginners
Trading View❌Desktop, Mobile, Tablets, WebBeginners

Related broker

Offshore Regulated
ROCK-WEST
Company name:MAIV LIMITED
Score
4.31
Website:https://rock-west.com/
5-10 years | Regulated in Seychelles | Derivatives Trading License (EP) | MT5 Full License
Score
4.31

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