Unmasking Is Rock-West: Is This Broker Legit or a Scam?
Rock-West Broker is a forex broker that claims to provide exceptional trading services, but unfortunately, this is not the case. After conducting extensive research and analyzing user reviews, it is clear that Rock-West Broker is not a trustworthy or reliable broker. This review will explore why you should avoid this broker and why it is considered a scam.
Is Rock-West Broker a Licensed Broker?
Rock-West Broker claims to be licensed and regulated by the International Financial Services Commission (IFSC) in Belize. However, the further investigation discovered that the IFSC does not regulate or license forex brokers. This means that Rock-West Broker is operating illegally and is not authorized to provide financial services.
Why Should You Not Trust an Unlicensed Broker?
Unlicensed brokers are not regulated by any financial authority, which means they are not required to follow any rules or regulations. This lack of oversight can lead to unethical and fraudulent practices, putting traders’ investments at risk. In addition, unlicensed brokers often lack transparency and accountability, making it difficult to resolve any disputes that may arise.
Can Rock-West Broker Be Trusted?
It cannot be trusted because Rock-West Broker is not licensed and operating illegally. The lack of regulatory oversight and transparency should be enough to deter any trader from considering this broker. Furthermore, Rock-West Broker has been flagged by several reputable financial authorities for engaging in fraudulent activities.
What Do Traders Think About Rock-West Broker?
Traders who have had experience with Rock-West Broker have reported several issues, including difficulty withdrawing funds, unauthorized transactions, and poor customer service. There have also been reports of high-pressure sales tactics and false promises of high returns.
Scammed by Rock-West Broker? Talk to Our Experts
If Rock-West Broker has scammed you, submit your complaint. We will provide free consultation and service recommendations to recover your lost money.