Clients making a profit on a trade becomes a broker's nightmare - think of something like this as something you would only see on a faulty trading platform.

Recently, a client reported: he deposited money in RockGlobal at the beginning of July for gold and forex trading, trading account number 2000276, and the initial withdrawal was normal.

At the end of August, RockGlobal suddenly sent an email saying that he had some irregular orders, so they had to deduct his profit. He asked his account manager, who said that more than 20% of the orders had a holding time of less than three minutes, which is a violation of the order.

When he started trading with RockGlobal, the platform didn't say anything about not withdrawing profits for positions held for less than three minutes. And the account manager said that any strategy could be traded. He wondered at the time if RockGlobal would only deduct 20% of what the platform considered to be non-compliant orders. But then the account manager told him that RockGlobal had deducted all the money in his account, including the principal.

He asked why, and RockGlobal replied that there were other clients under the account manager's name who had positions that were less than 3 minutes old, but the other clients had already withdrawn their funds, so the other clients' irregularities were counted in his account alone.

The client had been trading for ten years and this was the first time he had heard such an outrageous explanation. He has been contacting his account manager to negotiate with RockGlobal about withdrawing his funds, but the account manager said that RockGlobal no longer responds to messages.

Complaint details: https://www.fxgecko.net/en_US/complaint/9977.html

This kind of trading violation or by the broker platform unilaterally ruled that the case of trading violations, we have seen a lot, in fact, either the trading team group brush, or the broker to see the client profits too much, want to persuade the client, but still the first to hear that other people violated the money earned, to be deducted from a person's account.

Essentially, the problem is that RockGlobal's risk control was not done properly. In the case of not determining whether there is a problem with the client's transaction, let the client withdraw money, this result, certainly to RockGlobal own responsibility.

It is estimated that RockGlobal later felt that they suffered a loss, see this account manager's name there is a profitable client (estimated to be a trading team) did not withdraw funds, so all the accounts to this client.

We don't know if this client's principal will be shared by their team, and we don't know if RockGlobal will withdraw the principal to this client, and now the result is that this client bears all of it, and is really unlucky.

About RockGlobal

According to investors, RockGlobal and Rockfort are created by the same group of people, Jiang Hongbin, Gao Peng, Cardiff is just a name change to continue to deceive investors.

Rockfort prevented clients from withdrawing money at the end of last year and finally disappeared. And then the PearCoin exchange came out of nowhere. In fact, it is the same group of people, with Rockfort rolled money disappeared, changed its name to open a cryptocurrency exchange to continue to cut leeks, PearCoin is a direct way to go black platforms, where you want to withdraw that is not allowed at all. To May this year, PearCoin directly offline.

After May, these people began to change their name, Rockfort's associated platform - V Element Partner, and finally ran away, and now changed to RockGlobal.

According to investor reports, it was also difficult to make withdrawals when trying to do so after making a deposit with RockGloba.

FxGecko data shows that RockGlobal has a rating of only 1.76, making it a high risk forex broker.

Regulatory information shows that RockGlobal is only registered with the St. Vincent and the Grenadines FSA, which does not regulate forex trading or brokerage business. This is one of the reasons why RockGlobal dares to be so blatant in not letting its clients withdraw their money. Since there is no strictly regulated regulatory system to bind this broker, and there is no authoritative bank to act as a medium, the movement of client funds is unknown and extremely risky.

All in all, RockGlobal is an unreliable trading platform and we recommend that you stay away from it.

Reminder: Don't trust individuals or organisations who claim to be able to get your money back - they may be selling hope and scamming you again. This is especially true if they ask you to pay in advance, which is a "recovery scam".

If you've been scammed, your best option is to gather evidence and report it to your local police and law enforcement as soon as possible.

In the meantime, you can also file a complaint on the FxGecko website or app, where staff will further expose the scam to alert others not to be scammed.

You can check the regulatory licenses, security scores, customer complaints and other information about global trading platforms at FxGecko to avoid any potential scams.

Click here to recognize common investment trading scams to avoid being scammed.

Click here to see how to check if a broker is safe and what to do if you encounter a scam broker.