Rocket21
7.5

Rocket21

๐ŸŒŽ Headquarters (US)

๐Ÿ“… Founded in 2022

๐Ÿ’ฐ Profit Split (85-90%)

Ever dreamed of trading with a hefty $600,000 account without risking your own cash? 

Enter Rocket21, the prop trading firm that's shaking up the industry with its innovative approach. Imagine a world where time limits don't exist, and you can trade at your own pace. Sounds too good to be true, right? Well, buckle up, because Rocket21 is making it happen.

Ready to blast off into the exciting world of prop trading? Let's dive into what makes Rocket21 the talk of the town and why traders worldwide are flocking to this platform.

๐Ÿš€ The Rocket21 Experience

Rocket21

At its core, Rocket21 offers a two-phase evaluation system designed to identify skilled traders who can provide valuable data for financial markets. This system allows successful participants to access virtual funds of up to $600,000, with the potential to scale up to an impressive $2,000,000 for consistent performers.

FeatureDetails

Company Name

Rocket21

CEO

Mark Grayson


Headquarters


United States (17 Carlisle Street, London, England, W1D 3BU)

Founded

2022

Trading Platform

DXtrade (web-based)

Max Account Size

$300,000 (scalable up to $2,000,000)

Profit Split

85-90%

Max Trading Days

No time limit

Tradable Assets

Forex, commodities, indices, cryptocurrencies

Leverage

1:100 (Standard accounts), 1:30 (Apollo 11 accounts)

Minimum Challenge Cost

$59 (for a $5,000 account)

Scaling Plan

30% increase every three months for consistent traders

Profit Targets

8% (R21 Challenge), 5% (Verification), 9% (Apollo 11)

Daily Loss Limit

5%

Maximum Drawdown

10%

Customer Support

24/7 via live chat, email, and Discord

โœ” Key Features and Innovations

Rocket21 Evaluation Process

Rocket21 sets itself apart from other prop trading firms with several innovative features:

  1. Revive Feature

The “Revive” feature allows traders to reactivate their Phase 2 account if breached, providing a second chance to complete the challenge for a nominal fee. This feature is available for 72 hours after a breach and can be accessed once per challenge.

  1. Scaling Plan

Offers a robust scaling plan that increases account balances by 30% every three months for consistent traders. This allows successful traders to potentially manage up to $2,000,000 in virtual funds.

  1. Free Competitions

The platform regularly hosts free trading competitions, allowing traders to test their skills and potentially win prizes without financial risk.

  1. Community Focus

Rocket21 places a strong emphasis on community building, organizing world tours to connect with its top traders and fostering a sense of belonging among its members. With over 50,000 traders worldwide and more than $4 million distributed to community members, Rocket21 has quickly established a significant presence in the prop trading space.

  1. Trading Conditions

Provides access to a wide range of tradable assets, including CFDs on commodities, currencies, cryptocurrencies, and indices. The platform offers competitive trading conditions like Leverage up to 1:100 on standard accounts, Support for swing trading strategies, and Multiple payment methods, including cryptocurrencies.

  1. Platform and Technology

Rocket21 utilizes the DXtrade platform, an intuitive and user-friendly trading interface designed for a seamless trading experience. Key features of DXtrade include Web-based access with no need for downloads or installations, Customizable charting tools for detailed technical analysis, Fast order execution, Adjustable interface to accommodate individual user preferences.

  1. Account Types and Pricing

Rocket21 offers diverse account types to suit various trading styles and preferences. The options include the Standard Account, featuring a two-step evaluation process with an 8% profit target in Stage 1 and 5% in Stage 2, and the Swing Account, designed for longer-term strategies with similar profit targets. Additionally, the Apollo 11 Account offers a one-step evaluation with exclusive benefits, details of which can be found on the official website. 

Evaluation fees vary based on account size and type, traders should consult the Rocket21 website for the most current pricing information.

๐Ÿ“Œ Rocket21 COUPON

Rocket21 COUPON

Rocket21 is currently offering an exclusive discount to help traders kickstart their prop trading journey. For a limited time, aspiring traders can take advantage of a generous 20% off their chosen challenge package by using the coupon code NAVER21 at checkout.ย 

To redeem this offer, simply enter NAVER21 in the coupon code box during the checkout process on the Rocket21 website.

Don't miss this opportunity to join one of the most innovative prop trading platforms at a discounted rate and potentially accelerate your trading career with Rocket21's unique features and scaling opportunities.

๐Ÿ”— Rocket21 Tools for Success

To help traders maximize their potential, Rocket21 provides several tools and resources:

Risk Management Features

  • Daily loss limit of 5%.
  • Maximum drawdown limit of 10%.
  • Real-time monitoring of account metrics.

Educational Resources

  • Access to trading webinars and tutorials.
  • Regular market analysis and insights.
  • Community forums for strategy discussion and peer learning.

Performance Analytics

  • Detailed trading statistics and performance metrics.
  • Historical data analysis tools.
  • Instrument diversity charts for portfolio management.

Maximizing Your Rocket21 Experience

To make the most of your Rocket21 journey, consider the following tips:

Develop a Solid Trading Plan: Before starting the challenge, create a comprehensive trading strategy that aligns with Rocket21's rules and your personal risk tolerance.
Utilize the Revive Feature Wisely: If you encounter difficulties in Phase 2, don't hesitate to use the Revive feature. It's a valuable second chance that can save you time and effort.
Focus on Consistency: The scaling plan rewards consistent performance. Aim for steady, sustainable gains rather than high-risk, high-reward trades.
Engage with the Community: Take advantage of Rocket21's community features. Participate in forums, attend webinars, and network with fellow traders to gain insights and improve your skills.
Monitor Your Performance: Regularly analyze your trading statistics and adjust your strategy as needed. Use the platform's analytics tools to identify areas for improvement.
Practice Risk Management: Always adhere to the daily loss and maximum drawdown limits. Proper risk management is crucial for long-term success in prop trading.
Stay Informed: Keep up with market news and economic events that may impact your trading. Rocket21's market analysis resources can be valuable in this regard.

Challenges and Considerations

Rocket21 CHOOSE YOUR ADVENTURE

While Rocket21 offers numerous benefits, traders should be aware of potential challenges:

Simulated Environment: All trading, including the funded phase, occurs in a simulated environment. Strategies successful in the challenge phases may not necessarily be profitable in real market conditions.
Competition: As Rocket21 gains popularity, the competition for funded accounts may increase. Traders need to continually refine their skills to stand out.
Market Volatility: The platform's use of real order book quotes means that traders may experience increased slippage and volatility, especially during major market events.
Psychological Pressure: Despite the absence of time limits, the pressure to achieve profit targets can be significant. Traders must manage their emotions effectively.

Inquiries

What is The Maximum Account size offered by Rocket21?

$300,000, scalable up to $2,000,000.

What Trading Platform does Rocket21 use?

DXtrade (web-based).

What is The Profit Split for successful traders?

85-90%.

Is there a time limit for completing the Rocket21 Challenge?

No, there is no time limit.

What is The Minimum Challenge cost?

$59 for a $5,000 account.

What is The “Revive” feature?

It allows traders to reactivate their Phase 2 account if breached, within 72 hours.

What is The Scaling Plan offered by Rocket21?

30% increase every three months for consistent traders.

What is The Profit Target for the R21 Challenge (Stage 1)?

The profit target for the R21 Challenge is 8%.

What is The Maximum Drawdown limit?

The maximum drawdown limit is 10%.

๐Ÿš€ Conclusion

Rocket21 logo

Rocket21 represents an exciting opportunity for traders looking to prove their skills and potentially manage substantial virtual funds. With its innovative features like the Revive option, scaling plan, and community focus, Rocket21 offers a comprehensive package for aspiring prop traders.

The platform's emphasis on realistic market conditions, combined with its supportive community and educational resources, creates an environment conducive to trader growth and success. However, as with any prop trading opportunity, success on Rocket21 requires dedication, skill, and a solid understanding of risk management.

For traders willing to put in the effort, Rocket21 can be a launchpad to a successful prop trading career. Through the use of the platform's tools, engaging with the community, and consistently refining their strategies, traders can potentially turn their passion for trading into a profitable venture.

Rocket21 Details

Supported Platforms
Headquarter
Established

๐ŸŒŽ Headquarters (US)

๐Ÿ“… Founded in 2022

๐Ÿ’ฐ Profit Split (85-90%)

8.0
Trustworthiness
7.0
Evaluation Process
8.0
Payouts
7.0
Customer Support
7.5 FX Arial's Rating

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Rocket21
7.5/10
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