Dear investors, welcome to my unbiased RockStoneTrust review.
I advise you all to avoid RockStoneTrust, a dubious website posing as a legitimate entity for trading in forex, commodities, stocks, indices, bonds, and ETFs.
It’s important to mention that the firm currently operates under a new domain, ‘rockstonetrust.net.’ Previously, it operated under the domain ‘rockstonetrust.com’ until it was flagged by several regulatory authorities for being a scam.
RockStoneTrust purports to operate from Lancy, Switzerland and supposedly accepts clients globally. However, I highly doubt if the entity is truly located in the said city, as scammers often refrain from providing their actual physical addresses to avoid apprehension.
Without further ado, here’s why I believe that RockStoneTrust is a scam:
1. RockStoneTrust Retains Peoples’ Funds
Alarmingly, I’ve received complaints against RockStoneTrust from numerous investors regarding the retention of their funds by this entity. I observed that a significant portion of these investors are residents of Canada, Switzerland, and the Netherlands, indicating that this scammer primarily targets investors from these countries.
As you already know by now, fraudsters’ prime agenda is normally to defraud you, and they have many ways to do that. For example, the fraudster(s) behind RockStoneTrust pretends to provide forex and financial brokerage services even though their real aim is to deceive you to “invest.” Once you do so, they take away your money without hesitation.
2. The Swiss Financial Market Supervisory Authority’s Warning
Similar to CPWM(Centers Plan Wealth Management) and other notorious scam brokers, RockStoneTrust is on the Swiss Financial Market Supervisory Authority’s warning list. The list contains questionable financial services firms that operate in Switzerland illegally without authorization.
It’s important to note that such entities do not play by the rules and can easily disappear with your money. In fact, the rockstonetrust.com website was no longer available, at the time of writing this video. I only found out later that the broker had changed to a new domain rockstonetrust.net. The company might likely have vanished with investors’ funds.
3. RockStoneTrust Review : The Broker Has Changed Their Domain Secretly
It’s not surprising to see that RockStoneTrust has secretly ditched its old domain (rockstonetrust.com) for a new one (rockstonetrust.net). Please don’t get me wrong; changing domains isn’t necessarily a red flag, as many legitimate companies may do so as well. However, changing domains without notifying your clients or ensuring that the old domain automatically redirects them to the new one is highly suspect.
I need to mention in this honest RockStoneTrust review that a scam broker might change their domain secretly for various reasons, which are all bad:
The first reason is to evade detection. The broker might change their domain without letting it be known simply to evade authorities who may have flagged their previous domain as fraudulent. Additionally, they may also do so to confuse vigilant investors who may have become aware of the fact that they had been flagged.
The second reason is to ditch the negative previous reputation. For instance, RockStoneTrust’s previous domain(rockstonetrust.com) had garnered a negative reputation after being flagged by various regulatory authorities, including the AFM and FINMA. Consequently, this tarnished their credibility, impacting their ability to lure new investors.
The third reason is to avoid being held accountable for their previous scams. For instance, a search “rockstonetrust.com” would indicate that the site is unreachable. Typically, you might assume that the fraudsters behind the site have taken it down and disappeared. This could dissuade you from pursuing restitution, believing there’s little hope of locating the scammers.
4.RockStoneTrust Is On AMF’s Warning As Well
In addition to FINMA’s warning list, RockStoneTrust is on the AMF’s warning list as well.
The AMF, which stands for “Autorité des marchés financiers”, has recently issued a warning against RockStoneTrust, cautioning members of the public that this entity is neither registered with the authority nor authorized to solicit investors in Quebec.
For starters, the AMF is the body mandated by the Government of Québec to regulate Québec’s financial markets and protect consumers of financial products and services. It basically protects investors by overseeing and enforcing the laws and regulations governing financial services providers.
Have You Lost Your Money To RockStoneTrust or a Similar Fraud?
If you fell victim to RockStoneTrust or another scam, go to this page to report the scam and seek assistance. Alternatively, send an email at scamread@scamreader.info.
RockStoneTrust Review and My Final Verdict
To sum up this honest review of RockStoneTrust, this firm is a serious scam I wouldn’t recommend that you try it. I said this because, over the last few weeks, I’ve received complaints from many individuals who invested only to lose their hard-earned money to the company.
It’s important to note that RockStoneTrust is not registered in any market jurisdiction to offer services related to forex, commodities, stocks, indices, bonds, and ETFs. What’s more, the broker is flagged by various regulatory authorities, including the Swiss Financial Market Supervisory Authority and the AFM. Last but not least, the company has recently changed its domain name, in a highly suspicious manner.
I hope this comprehensive RockStoneTrust review helped you avoid losing your money to this scam broker. Feel free to share your thoughts in the comment section below.
RockStoneTrust FAQs
1. Why are there positive reviews of RockStoneTrust online?
Answer: Similar to other dubious brokers, RockStoneTrust works with unscrupulous authors to pose as satisfied customers and write false reviews.
2. What should I do to recover my money quickly from RockStoneTrust?
Answer: Engage a trustworthy scam recovery service like ours.
3. How can I ensure that I won’t be rescanned while attempting to recover my money from RockStoneTrust?
Answer: You should choose a scam recovery firm like ours that doesn’t charge an upfront fee.
4. Should I report RockStoneTrust to the authorities?
Answer: While it’s a good idea to do so, it’s an even better idea to work with a trustworthy scam recovery service rather than the police. This is because, by working with the former, you’re likely to recover your funds more quickly than by doing so with the authorities.
5. How much will you charge me for a successful recovery from RockStoneTrust?
Answer: Well, our fee is usually less than ten percent of the recovered amount.