Introduction to Rocket21 Challenge
Rocket 21 is a funded trading prop firm that aims to help traders enhance their skills and achieve success in the financial markets. With a unique evaluation system consisting of two phases, Rocket 21 focuses on discovering traders with profitable strategies that can thrive in the real market. Traders who successfully complete the evaluation process have the opportunity to receive a virtual fund balance of up to $600,000. The firm provides a simulated trading environment that closely replicates the real market, allowing traders to trade with realistic conditions and experience. Once traders complete the evaluation stages, they can become Rocket Traders and operate within the proprietary simulated trading firm, gaining valuable experience and the potential to scale their trading account up to $2,000,000 in virtual funds. Rocket 21 offers a comprehensive and supportive community for traders to learn, grow, and reach new levels in their trading journey.
Pros
- ✓ Offers Multiple Evaluation Models
- ✓ News Trading Allowed
- ✓ Over 3k Trust Pilot Reviews
Cons
- ✗ No Copy Trading
- ✗ No EAs
| Firm Details | |
|---|---|
| Year Founded | 2020 |
| Maximum Balance | $600,000 |
| Tradeable Assets | Forex, Commodities, Indices, Crypto |
| Challenge Type | One-Step Evaluation, Two-Step Evaluation |
| Trading Platforms | MT4, MT5 |
| Trading Hours | Holding Overnight, Holding Over Weekend |
| Copy Trading | ❌ |
| News Trading | ✅ |
| EAs | ❌ |
| Trust Pilot Rating⭐ | 4.2 / 5.0 |
| Trust Pilot Reviews | 2,931 |
| Payment Types | Wise, Crypto |
Challenges Options
Rocket21 Challenge, a proprietary trading firm, introduces challenges designed to identify skilled traders for funded opportunities. The firm provides a simulated trading evaluation to assess traders’ capabilities without financial risk. Successful candidates gain access to a funded trading account with substantial capital and are entitled to retain a portion of the profits earned. The challenges emphasize risk management, consistency, and adherence to trading rules. Traders are required to showcase their ability to manage risk effectively while maintaining consistent profitability, aligning with Rocket21’s focus on disciplined and successful trading. The firm aims to discover and support traders who exhibit the potential for long-term success in financial markets, offering them a chance to trade substantial capital with the backing of the firm’s resources and support.
| One Step Rules | |
|---|---|
| Profit Target | 9% |
| Max Daily Loss | 3% |
| Max Daily Drawdown | ❌ |
| Max Loss | 6% |
| Max Drawdown | ❌ |
| Min’ Trading Days | 3 |
| Max Trading Days | ❌ |
| Profit Split | 80% |
| Two Step Rules | |
|---|---|
| Profit Target Step 1 | 8% |
| Profit Target Step 2 | 5% |
| Max Daily Loss | 5% |
| Max Daily Drawdown | ❌ |
| Max Loss | 10% |
| Max Drawdown | ❌ |
| Min Trading Days Step 1 | 5 |
| Min Trading Days Step 2 | 5 |
| Max Trading Days Step 1 | ❌ |
| Max Trading Days Step 2 | ❌ |
| Profit Split | 85%, up to 90% |
Challenge Pricing
| Account Size | 1 Step | 2 Step |
|---|---|---|
| $10,000 | $119 | $139 |
| $25,000 | $199 | $249 |
| $50,000 | $299 | $349 |
| $100,000 | $499 | $549 |
| $200,000 | $939 | $939 |
| $300,000 | ❌ | $1,399 |
Rocket21Challenge.com offers a dynamic gateway to the world of funded trading. Embrace innovation with cutting-edge technology, unwavering support, and a profound commitment to trader success. Gain access to diverse markets and competitive leverage, laying the groundwork for expansive growth and exploration within the trading sphere.
What distinguishes Rocket21Challenge.com is its personalized approach. It provides tailored mentorship, comprehensive educational resources, and robust risk management strategies specifically designed to nurture individual trader potential and drive continuous progress.
Opt for Rocket21Challenge.com to embark on an immersive and transformative trading journey. Align yourself with a platform dedicated to fueling your ambitions and equipped with the tools and expertise needed to thrive in the ever-evolving financial markets.
Trust Rocket21Challenge.com to be your steadfast partner, guiding you toward remarkable milestones and transforming your trading aspirations into tangible successes in the world of funded trading.
Introduction To Rocket21 Challenge Trading Program:
Rocket21 Challenge Trading Program is an innovative funded trading program that aims to empower and develop talented traders. By visiting their website, https://rocket21challenge.com/, traders can explore the exciting opportunities and benefits that the program offers. Here is a comprehensive review of the Rocket 21 Challenge, highlighting its key features and advantages.
Rocket21 Challenge’s Evaluation System:
The evaluation system of Rocket 21 Challenge is divided into two stages: the R21 Challenge and Verification. The R21 Challenge requires traders to achieve 8% of their initial balance without any time limits. Once this stage is successfully completed, traders move on to the Verification stage, where they must achieve 5% of their initial balance. These stages serve as a testament to a trader’s abilities and demonstrate their potential to become a Rocket trader, operating within the proprietary trading firm alongside the Rocket team.
Scaling Up:
One of the remarkable aspects of the Rocket 21 Challenge is the opportunity to scale up trading accounts significantly. Upon completing the initial stages, traders have the potential to scale their accounts up to an impressive $2,000,000 if they maintain consistency in their trading performance. This scalability offers traders the chance to expand their trading activities and potentially achieve substantial profits as they progress through the program.
Profit Targets and Risk Management:
Rocket 21 Challenge sets profit targets for each phase, which traders need to achieve in order to advance to the next stage. These profit targets range from 8% to 5% of the initial account balance. Additionally, the program emphasizes risk management by implementing maximum daily loss limits and maintaining the trading account’s equity above 90% of the initial amount. These measures ensure that traders adopt responsible risk management practices, fostering long-term success and sustainability.
Trading Period and Minimum Trading Days:
The Rocket Challenge has a trading period of 30 calendar days, while the Verification stage extends for 60 days. Traders are required to actively trade for a minimum of 5 days within the current length cycle to fulfill the program’s goals. This encourages consistency and active participation in the markets, allowing traders to showcase their abilities over a specific period.
Rocket21 Challenge Trading Program’s Leverage and Refundable Fee:
The program provides traders with a leverage ratio of 1:100, enabling them to amplify their trading positions and potentially maximize their profits. Furthermore, there is a refundable fee associated with the Rocket 21 Challenge, which is reimbursed in the trader’s first payout upon successfully passing both the challenge and verification stages. This fee contributes to the program’s integrity and ensures that participants are committed to their trading journey.
Rocket21 Challenge Trading Program’s Community and Support:
Rocket21 Challenge Trading Program boasts a vibrant community of traders, providing a platform for collaboration, knowledge sharing, and networking. Through their Discord channel and community forums, traders can connect with like-minded individuals, share trading strategies, and seek guidance from experienced professionals. This supportive community adds value to the program by fostering a collaborative and growth-oriented environment.
Conclusion:
The Rocket 21 Challenge is an exciting funded trading program that offers traders a unique opportunity to develop their skills, access substantial trading capital, and advance their trading careers. With its structured evaluation system, scalability, risk management measures, and supportive community, the program aims to empower traders and help them achieve their trading goals. If you are a trader looking to take your skills to new heights, the Rocket 21 Challenge may be the ideal program to accelerate your trading journey.
Please note that this review is based on the available information on the Rocket 21 Challenge website
