https://www.castlerockfx.com/
Website
Licensed Institution:CXM Trading LTD
License No.:612233
Single Core
1G
40G
1M*ADSL
castlerockfx.com
Server Location
France
Website Domain Name
castlerockfx.com
Server IP
92.204.221.13
Castle Rock FX Review Summary | |
Founded | 2020 |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | FCA (612233) |
Market Instruments | Forex (65+ pairs), Cryptocurrencies (40+), Commodities, CFDs (325+), Precious Metals, Stocks, Indices |
Demo Account | / |
Leverage | Up to 1000:1 |
Spread | Starting from 0.0 pips |
Trading Platform | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Mobile Trading |
Min Deposit | $5 |
Customer Support | Email: info@castlerockfx.com |
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 | Cons |
High leverage—up to 1000:1 | Limited spread and cost information |
Backs MT4 and MT5 systems. | No customer support choices |
Provides several asset kinds for trading. | No demo account |
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 Status | Suspicious clone |
Regulated by | FCA (Financial Conduct Authority), United Kingdom |
Licensed Institution | CXM Trading LTD |
Licensed Type | Straight Through Processing (STP) |
Licensed Number | 612233 |
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 | ❌ |
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.
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.
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 Platform | Supported | Available Devices | Suitable for |
MetaTrader 4 (MT4) | ✔ | PC, Mobile | All traders |
MetaTrader 5 (MT5) | ✔ | PC, Mobile | Advanced traders |
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.
Method | Deposit | Withdrawal | Min. Deposit | Fees | Processing Time |
Bank Wire (SWIFT) | ✔ | ✔ | Not specified | Not specified | 3-5 business days |
Bitcoin | ✔ | ✔ | Not specified | Not specified | Instant |
Ether/Ethereum | ✔ | ❌ | Not specified | Not specified | Instant |
Fair Pay | ✔ | ❌ | Not specified | Not specified | Instant |
PayRetailers | ✔ | ✔ | Not specified | Not specified | Instant |
Tether (USDT) | ✔ | ✔ | Not specified | Not specified | Instant |
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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