Rock Smith Options Limited has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +44 20 3677 7046, fax +44 20 3514 2701
Addresses: 90 New Bond Street London England W15 1SR This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.rocksmithoptions.com.
I referred a friend to Rock Smith Options Limited after a family member had a good experience. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Intuitive for beginners|Segregated accounts|Reliable uptime
Cons: Account statements could be more detailed
The only good thing about Rock Smith Options Limited is that they remind you why regulation matters. I found them through a financial advisor. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Social trading features|Demo account available|Clean UI
Cons: Email notifications too frequent
Rock Smith Options Limited seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Reliable uptime|Customizable dashboard
Cons: Would like more payment methods
Rock Smith Options Limited has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Risk management tools|High security standards|Market news feed|Segregated accounts
Cons: Slow to add new assets