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The WikiFX Score of this broker is reduced because of too many complaints!

Castle Rock FX

Saint Vincent and the Grenadines|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.castlerockfx.com/

Website

Rating Index

Contact

https://www.castlerockfx.com/
Suite 305, Griffith Corporate Centre, Kingstown, St. Vincent and the Grenadines.
https://twitter.com/fx_castle?s=20&t=VHfu9yn9bIV9V5F6GfdV6w
https://www.linkedin.com/company/76934864/admin/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

Licensed Institution:CXM Trading LTD

License No.:612233

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
3

Basic information

Registered region
Saint Vincent and the Grenadines
Operating period
2-5 years
Company Name
CR Markets, LLC
Abbreviation
Castle Rock FX
Company employee
--
Company address
Suite 305, Griffith Corporate Centre, Kingstown, St. Vincent and the Grenadines.
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Mexx

Mexico

I placed a trade with a stop loss I passed it approximately 240 pips I closed in negative in the same trade in another broker I closed in positive market movements very exaggerated in relation to other platforms.

Exposure

2023-01-28

FX244677432

United Kingdom

I've sent numerous emails to their customer service over the last two months, but they haven't really responded; instead, they keep saying that the finance team needs to verify the account. I knew I needed help right away, which is why I complained to Cyb3rnub,net. Account verification, in my opinion, is just a ruse to hold my money, but they weren't that clever, therefore I would advise people to be very careful with their investments and outwit them.

Exposure

2023-01-26

Edssonrodfx

Costa Rica

On December 09, 2022 I requested a withdrawal for $96038 USD and at the beginning of January 2023 it had not been processed, they informed me that they had problems with the crypto payment processor, which they were solving. I returned the money to trade again, however hpy I just requested again the withdrawal of the total of my capital $191522.42 USD, waiting for them to process the withdrawal. By contacting the broker's support I know that they have not yet solved the problem and that they have several pending withdrawals to be executed.

Exposure

2023-01-25

Karma8444

Uruguay

I started working with them in May 2022, they fired me on December 28, 2022 and they still haven't paid my compensation !!!!!!!!! Clients have had a lot of money gone from their accounts.

Exposure

2023-01-23

yudivivianajimenez

Colombia

request the withdrawal of all the capital 1,870 USD, from January 10 I contacted the broker and they told me that the withdrawal is effective from 1 to 5 business days I did not arrive in that period of time, then I contacted him again broker they tell me that they have had problems with the payment processor that at the end of the week they disbursed and they didn't. effect the disbursement correctly moment the withdrawal was never made effective the withdrawal

Exposure

2023-01-21

yudivivianajimenez

Colombia

I requested the first withdrawal of 80 USD on January 6 of this month and it never arrived, it took one business day to make the withdrawal. I canceled that withdrawal and requested the withdrawal of all of my funds, 1,870 USD. From the 10th January I contact the broker and they told me that the withdrawal effective dya is from 1 to 5 business days. It's also never arrived in that period of time, so that, I contact the broker again. They told me that they have had problems with the payment processor, they already disbursed at the end of the week. But they didn't. I contacted again and they never answered me. I contacted the accessor via Whatsapp, they never answered me, they never gave me any reason, at the moment the withdrawal was never made effective.

Exposure

2023-01-21

FX3512270085

Venezuela

I withdrew $5400 from this platform as the pictures showed. But all of it was gone and I did not receive anything. In my account, there was no withdrawal. I deposited 73,914 pesos. Help.

Exposure

2021-10-20

OrionZigg 80923

United Kingdom

I feel so confused. Castle Rock FX is illegal??? I traded it often last year, and I didn't meet any big problems, even withdrawals—fast!

Neutral

08-07

FX1094944219

Spain

So far I think that the service provided by this company is satisfactory for me. It is effectively regulated by the FCA. The minimum deposit is only $5, which allows more people to try it out. The customer service they offer is fantastic. I get a quick response and my issues are resolved quickly.

Positive

2022-12-02

融汇工作室

Malaysia

My friend recommend them to me. He told me I could invest with only $5! Just now, I successfully opened a Standard account with only 5 dollars. Can’t wait to see what will happen. I told myself I don’t care how much I can make, but please don’t lose too much!

Positive

2022-11-22

10
Account Information
Website
Company Summary
Review

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Official website

Website

  • castlerockfx.com

    Server Location

    France

    Website Domain Name

    castlerockfx.com

    Server IP

    92.204.221.13

Company Summary

Castle Rock FX Review Summary
Founded2020
Registered Country/RegionSaint Vincent and the Grenadines
RegulationFCA (612233)
Market InstrumentsForex (65+ pairs), Cryptocurrencies (40+), Commodities, CFDs (325+), Precious Metals, Stocks, Indices
Demo Account/
LeverageUp to 1000:1
SpreadStarting from 0.0 pips
Trading PlatformMetaTrader 4 (MT4), MetaTrader 5 (MT5), Mobile Trading
Min Deposit$5
Customer SupportEmail: info@castlerockfx.com

Castle Rock FX Information

Castle Rock FX offers trading instruments spanning 65+ forex currency pairs, 40+ cryptocurrencies, and over 325+ CFDs on commodities, precious metals, stocks, and indices. It offers high leverage—up to 1000:1 and supports MetaTrader 4 and MetaTrader 5 systems on both PC and mobile devices.

Pros and Cons

Pros Cons
High leverage—up to 1000:1Limited spread and cost information
Backs MT4 and MT5 systems.No customer support choices
Provides several asset kinds for trading.No demo account

Is Castle Rock FX Legit?

Castle Rock FX falsely claims FCA regulation using CXM Trading LTD's license number 612233. This shows a cloned license, which is when an unlicensed broker uses a real broker's license to trick buyers.

Regulatory StatusSuspicious clone
Regulated byFCA (Financial Conduct Authority), United Kingdom
Licensed InstitutionCXM Trading LTD
Licensed TypeStraight Through Processing (STP)
Licensed Number612233
Is Castle Rock FX Legit?

What Can I Trade on Castle Rock FX?

Castle Rock FX has many trading instruments. These include over 65 forex currency pairs, 40+ cryptocurrencies (Bitcoin, Litecoin, Ethereum), and 325+ CFDs on commodities, equities, and other financial assets.

Tradable Instruments Supported
Forex
Commodities
Cryptocurrencies
CFD
Indexes
Stocks
ETF

Accounts

Trading accounts from Castle Rock FX are available for both retail and professional traders. Three tiered accounts including Standard, Pro, and Raw Spreads. The Standard account is designed for all types of clients, especially retail traders, with its initial deposit requirement from $5. Pro and Raw accounts are ideal for professional traders, with minimum deposit requirement for the first time from $2,000 and $5,000, respectively.

Leverage

Castle Rock FX provides leverage up to 1000:1, which, depending on novices especially, can result in large profits but also carries great danger. Greater gains and possible losses follow from high leverage.

Spreads & Commissions

As for the spreads and commission of Castle Rock FX, they are determined by the type of trading account selected. The Standard account offers spreads starting from 1 pip, with a commission of $5 on forex trading. The Pro account offers tighter spreads starting from 0.5 pips, with a commission of $4.5 on forex. The Raw account incurs lower commission fees of up to $3.5, with spreads as low as 0.0 pips.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MetaTrader 4 (MT4)PC, MobileAll traders
MetaTrader 5 (MT5)PC, MobileAdvanced traders

Deposit and Withdrawal

Castle Rock FX does not say clearly whether it charges deposits or withdrawals fees. It provides numerous ways for these transactions, though. Starting a live account calls for a minimum deposit of $5.

MethodDepositWithdrawalMin. DepositFeesProcessing Time
Bank Wire (SWIFT)Not specifiedNot specified3-5 business days
BitcoinNot specifiedNot specifiedInstant
Ether/EthereumNot specifiedNot specifiedInstant
Fair PayNot specifiedNot specifiedInstant
PayRetailersNot specifiedNot specifiedInstant
Tether (USDT)Not specifiedNot specifiedInstant

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

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