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Table of contents

  • Pros and Cons
  • Recommended For
  • Top Features
  • Account Types
  • Trading Platforms
  • Pricing
  • Service Details
  • Reliability & Security
  • Final Thoughts
  • Contact Info

Rocket21 Review

Updated :
October 8, 2024
Written By icon
Written By
INVESTING
4.0

A Fresh Approach to Trading

Rocket21 is a relatively new player in the trading world, offering access to over 200 assets including CFDs on commodities, currencies, cryptocurrencies, and indices., Rocket21 stands out with its unique evaluation process, flexible account options including unique add-ons, and competitive profit splits of up to 90%.

Pros and Cons

Pros

  • No Time Limits on Evaluations
  • Profit Split Up to 90%
  • Access to Over 200 Tradable Assets
  • Affordable Evaluation Fee Starting at $59
  • Revive Feature to Restart Evaluations

Cons

  • Limited Operational History
  • $50 Fee for Bank Transfers
  • Cryptocurrency Leverage Limited to 1:1

Recommended For

Rocket21 is an appealing choice for prop traders looking for flexibility and an innovative trading experience. Its standout features include a large community of 50M+ traders, flexible account options with no time limits during the evaluation process, and a generous profit split of up to 90%.

The platform is ideal for both beginners and professionals, offering a wide range of tradable assets and unique features like the Revive option and scaling plans. However, its limited operational history may be a concern for some. Despite this, Rocket21’s focus on transparency, advanced fraud prevention, and accessible evaluation fees make it a strong contender in the prop trading space.

Top Features

Cutting-Edge Features for Success

Rocket21 offers a range of standout features designed to boost traders’ success. With no time limits during the evaluation process, traders can progress at their own pace. The Revive feature allows traders to restart phase two of their evaluation for a small fee. Additionally, the Apollo 11 account offers up to 90% profit splits and weekly payouts, making it an attractive option for serious traders. Rocket21’s scaling plan allows traders to increase their account size to as much as $2,000,000, and Apollo 11 users are even eligible for a refund on their challenge fee after their first withdrawal. These innovative features make Rocket21 a competitive choice for prop traders.

Account Types

Tailored Account Options

Rocket21 offers three distinct account types designed to cater to traders at different stages of their journey: Standard, Swing, and Apollo 11 accounts. The Standard and Swing accounts follow a two-step evaluation process, while the Apollo 11 account offers a one-step evaluation. Each account type provides traders with flexibility, including no time limits during the evaluation phase, and varied profit targets—8% for Standard, 5% for Swing, and 9% for Apollo11.

For added convenience, traders can choose between funded accounts ranging from $5,000 to $300,000, with the option to scale up to $2,000,000. The Apollo 11 account comes with exclusive add-ons, such as weekly payouts and a 90% profit split, enhancing its appeal for experienced traders. With affordable evaluation fees and no pressure of deadlines, Rocket21 provides an accommodating platform for all trader levels.

Account Type

Available

DEMO ACCOUNT

Yes

ISLAMIC ACCOUNT

No

SEGREGATED ACCOUNT

No

MANAGED ACCOUNT

No

SUITABLE FOR BEGINNERS

Yes

SUITABLE FOR PROFESSIONALS

Yes

US TRADER

Yes

Trading Platforms

Powerful Tools for Every Trader

Rocket21 equips traders with the DX Trade and TradeLocker platforms, which are robust and flexible solutions for managing trades. These multi-asset platforms provide access to advanced trading tools and are available as a desktop download, web browser, or on mobile, ensuring a smooth and accessible trading experience.

Mobile Trading Apps

Rocket21 traders can trade via TradeLocker’s dedicated mobile apps for iOS or Android.

Web Trading Apps

The DX Trade platform is fully accessible via web browsers, offering comprehensive tools without the need for downloads, making trading more flexible and convenient.

Desktop Trading Apps

Looking for a desktop trading experience? Rocket21 provides access to TradeLocker’s full-featured trading experience in a desktop app for both Windows and Mac.

Trading Platform

Available

MT4

No

MT5

No

CTRADER

No

PROPRIETARY

Yes

Desktop and Web Platform

Available

DESKTOP WINDOWS

Yes

DESKTOP MAC

Yes

WEB PLATFORM

Yes

Mobile Platform

Available

ANDROID

Yes

iOS

Yes

Pricing

Clear and Simple Fee Structure

Rocket21 provides a transparent and easy-to-understand fee system, making it appealing to both new and experienced traders. Its competitive pricing ensures a cost-effective trading experience without hidden fees.

Account Minimum

The minimum evaluation fees priced at $59 for a $5,000 account, allowing traders to start small and scale up as needed.

Trading Fees

Forex trades are charged $7 per lot, metals are charged $3 per lot, and there are no fees for indices, cryptocurrencies, or oil.

CFD Fees

Rocket21’s CFD fees follow the same structure—$7 per lot for forex and $3 per lot for metals.

Forex Fees

Forex fees are straightforward at $7 per lot, providing clear costs for currency traders.

Futures Fees

Rocket21 does not offer futures trading, so no futures fees are applicable.

Account Fee

There are no account fees, making Rocket21 a cost-effective platform for all traders.

Inactivity Fee

Rocket21 does not charge any inactivity fees, offering flexibility for traders.

Withdrawal Fee

Withdrawals via international bank transfer incur a $50 fee, while cryptocurrency transfers are charged 1% of the payout amount.

Overnight Funding Fee

Swap rates apply to certain CFDs, with details clearly outlined on the trading platform.

Currency Conversion Fee

No currency conversion fees apply, ensuring that international traders can trade without additional costs.

Guaranteed Stop Order Fee

Rocket21 does not offer guaranteed stop orders, so no fees are charged for this service.

Service Details

Always-On Assistance for Traders

Rocket21 provides exceptional customer support to ensure its traders receive the help they need around the clock. With 24/7 availability, support is offered through live chat and email, delivering prompt and reliable responses to any queries.

Additionally, Rocket21 maintains a comprehensive help center on its platform, addressing common questions and providing detailed guidance. For more personalized support, traders can access dedicated chat channels on Discord, allowing them to connect with the community and the Rocket21 team. This multi-channel approach ensures that traders are always well-supported, enhancing their overall trading experience. Whether it’s technical issues or general inquiries, Rocket21’s customer support system is efficient and responsive.

Reliability & Security

Is Rocket21 Legit and Safe?

Rocket21 prioritizes the safety and trust of its traders through a combination of advanced technology and industry best practices. Although not regulated, Rocket21 employs stringent fraud prevention measures, including Know Your Customer (KYC) verification and robust fraud detection protocols at the checkout stage, to ensure the legitimacy of its users.

Additionally, the firm secures clients’ funds by utilizing 3DS technology and maintaining strong financial controls to manage cash reserves effectively. While regulation isn’t a factor in the prop trading model, Rocket21’s commitment to safeguarding user transactions and identities reflects its dedication to creating a secure and transparent environment for traders. These measures reinforce trust and provide a safe space for traders to grow their portfolios confidently.

Final Thoughts

Rocket21 offers an appealing platform for prop traders looking for flexibility, competitive profit splits, and a wide range of tradable assets. Its innovative evaluation process, with no time limits, makes it attractive for both beginners and experienced traders. Features like the Revive option, scaling plans up to $2,000,000, and cryptocurrency withdrawal options set Rocket21 apart from competitors. While its limited operational history may give some traders pause, its commitment to trust, security, and transparency helps mitigate concerns. The 24/7 support, comprehensive educational resources, and tailored account options further enhance the overall trading experience. With clear and accessible pricing, Rocket21 presents itself as a solid choice for traders seeking a new and rewarding platform.

Contact Info

laptop Website: https://rocket21challenge.com/
laptop Email: support21@rocket21challenge.com
call Telephone: 754-223-9237
location_on Company Address:
2140 South DuPont Hwy, Camden 19934, Delaware, U.S.

Disclaimer: The contents of this page or available via this page ("Contents") are provided by third parties and do not constitute an endorsement by FUSION MEDIA of the Contents or products of such third parties. FUSION MEDIA has no control of the Contents, is not responsible for their accuracy, availability or legality and hereby disclaims any responsibility for the Contents. Any transactions that you enter into with any third party listed in this page or linked from this page are solely between you and such third party and are at your sole risk. Please also refer to our Risk Warning. FUSION MEDIA disclaims any liability for any damage or loss caused in connection with the use of or reliance on any Contents Please be informed that Proprietary Trading is not fully regulated, the user will bear full responsibility of losses or gains achieved.

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Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
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Please be informed that Proprietary Trading is not fully regulated, the user will bear full responsibility of losses or gains achieved.


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