Hi friend, I welcome you to my Rocket21 Challenge Review.

In this review, I’ll take you through the inside-out of the Rocket21 Challenge.

This includes exposing the truth about how the program works and its pricing.

The company promises its traders capital through its funding program to help them trade in the forex market.

In so doing, the company expects the traders to be more profitable for them to generate more profits.

The company promises to give their traders a profit share of 80%, with a promise to increase it to 90% if they become more profitable.

For this reason, it is worth knowing the truth behind the Rocket21Challenge company to justify all these claims before you can give it a chance.

Taking that in mind, let us begin…

Rocket21 Challenge Review Summary

Program Name: Rocket21 Challenge

Type: Proprietary Firm

Evaluation Fee: Starting from $79 depending on your account size.

Official Website: rocket21challenge.com

Founder/CEO: Undisclosed

Overall Rating: 7/10

My Recommendation: Yes, but not for everyone.

Rocket21 Challenge Review – Overview

There are a number of prop firms that claim to offer traders opportunities that can help them succeed in their trading careers.

This includes providing them with the necessary capital which they will use to trade and earn capital in the market.

This helps in enabling low-income earners to also trade in the forex market without using their personal capital.

However, you must be a profitable trader for you to succeed in getting your funded account and start trading.

To check if you are profitable, the company will take you through an evaluation program where you will be required to reach their set profit target.

For instance, Rocket12 Challenge has a two-phase and single-phase challenge where you have to pass for you to get a funded account.

As long as you’re more profitable, the prop firm allows you to enjoy the company’s scaling plan which grows your trading account to a maximum balance of $2,000,000.

This is the best opportunity that enables traders with smaller account sizes to increase their trading account balance.

Pros Of Rocket21 Challenge

• Offers excellent profit share of up to 90%.
• Provides one of the best scaling plans in the forex industry.
• Has realistic virtual profit targets,
• Provides an unlimited number of trading days.
• Allows you to trade or hold your trades overnight and during weekends.
• Allows you to trade varieties of scaling plans.

Cons Of Rocket21 Challenge

• Doesn’t offer free retry
• Newness in the market
• Doesn’t disclose information about the founder

Who Should Join The Rocket21 Challenge?

Rocket21 Challenge is looking for profitable and consistent traders who want to build passive income out of trading in the forex market.

The company targets traders from different parts of the world provided they can trade within their rules and regulations and pass their challenge.

This means that you must be at least 18 years of age and have background trading experience for you to stand a chance of succeeding in the platform.

The company tests your skills by taking you through their evaluation process which you MUST pass for you to move to their funded account.

Therefore, if you’re not a good forex trader, you may not benefit from joining this platform.

What Is The Rocket21 Challenge?

Rocket21 Challenge is a prop trading platform that allows you to trade in the forex market using your capital.

The prop firm is available for traders from different parts of the world to explore their trading potential online.

For this reason, you’ll not have to use your trading capital in the market if you join the platform.

You’ll only have to purchase your preferred account size and start trading with the company capital.

When you start making profits from your trade, the company allows you to make withdrawals from your trading account.

The program also allows you to reclaim your registration fee when you make your first withdrawal from the program.

According to the prop firm, joining their funded program makes you take your simulated trading skills to the next level.

This also enables you to join their team of successful traders online and learn more about your trade.

Their main goal is to make all traders from across the world achieve their financial freedom in the forex market using the company capital.

Who Is The Founder/CEO Of Rocket21 Challenge?

I couldn’t find any information about the founder or the current CEO of this prop firm.

Nevertheless, I did notice that the prop firm has shared some of its partners, including Gregory Trejo, Sebastian Rodriguez, Mauricio Ceballos, Alex Gonzalez, and Jordan Martinez.

If I happen to come across any details regarding the ownership of this prop firm, I’ll certainly bring it to your attention.

What Are The Steps To Joining Rocket21 Challenge Prop Firm?

The process of joining the Rocket21 Challenge starts with the registration stage.

In the registration stage, you’ll be required to submit your personal details to join their membership program.

Step One: Choose Your Funding Program

After finishing your registration stage, you will have to choose your preferred funding program on the platform.

There are two types of funding programs which include:

• Standard funding program
• Apollo11 funding program

Step Two: Choose Your Trading Account

Before you start trading on the platform, you must first choose your trading account from your chosen funding program.

Here are the funding programs and their corresponding account sizes:

Standard Funding Program

In the standard funding program, here are the available account sizes:

• $5000 account size
• $10000 account size
• $25000 account size
• $50000 account size
• $100000 account size
• $200000 account size
• $300000 account size

Apollo11 Funding Program

In the Apollo11 Funding program, here are the account sizes available;

• $10000 account size.
• $25000 account size.
• $50000 account size.
• $100000 account size.
• $200000 account size.

Step Three: Start Trading

When your payment is confirmed, you’ll receive your trading account credentials.

Your trading journey starts at the evaluation stage where you’ll be trading on a demo account before you get a funded account.

How Does Rocket21Challenge Work?

The Rocket21 prop firm works by providing you with the opportunity to trade with their capital in the forex market.

To start trading with the Rocket21 Challenge funds, you will first have to join their funding program and get funded with a live account.

The process begins by first passing through their evaluation stage where the company requires you to prove your trading skills.

This helps them ensure you are profitable and consistent in your trading for you to stand a high chance of succeeding in your trading journey.

Evaluation Process

In the evaluation process, there are different stages that depend on the type of funding program you want in the platform.

Every trader who wants to access the company funds must first pass this evaluation stage to get a funded account.

There are two types of funding programs available in the platform namely the standard and the apollo11 program.

The standard funding program consists of a two-step evaluation stage while the Apollo11 funding program only has a single-stage evaluation.

In addition, the prop firm allows you to trade normally in the evaluation stage using virtual money and achieve the set profit target.

This makes you worry less about the losses incurred in the market as there is no real money to lose in your evaluation stage.

The evaluation stage also makes you learn how to respect the trading rules set in the prop firm and know more about the company.

This makes you get in touch with everything about the company without starting to trade with their capital.

Here are the stages of evolution available in the Rocket21 Challenge:

Stage One: R21 Challenge

This is the first stage of the evaluation process in the platform which introduces you to your trading journey.

In this stage, the prop firm requires you to reach a profit target of 8% of your initial balance with no time limit set for you.

In the R21 Challenge, you will be trading on a demo account that resembles a real account, only that it uses virtual money.

However, there are static slippage and latency associated with this trading account which makes you maintain high consistency in your trading journey.

Stage Two: Verification

This is the second stage of evolution that confirms if you actually passed your challenge in the first stage.

The prop firm requires you to get a 5% profit target in your trading while respecting the other trading rules in the platform

In this stage, there is also no time limit set for you allowing you to trade at your own speed and achieve your level best in the forex market.

The verification also uses a demo account where you will be trading with virtual money which makes you worry less about losing real money.

This has the same properties as the Rocket21 Challenge and concludes the evaluation process of the company.

Stage Three: R21 Trader

Once you complete your evaluation program, you will get the opportunity to become a funded trader.

This involves joining the funded program where you will become a R21 trader and start trading with the company capital.

This allows you to trade with a rocket account which contains real funds and earn real profits in the forex market.

This enables you to develop a passive income in the platform and achieve financial freedom from your trading.

Stage Four: Scaling Up

When you are highly profitable, the prop firm allows you to enjoy its scaling plan which helps you increase your account balance.

The prop firm allows you to trade with a maximum balance of up to $2,000,000 in the platform as a strategy to enable you to earn more from your trading.

Also Read: Billions Club Review

Rocket21 Challenge Trading Rules

The trading rules set in the platform depend on the funded account you are trading within the program.

Standard Funded Program Trading Rules

Here are the trading rules available in the Standard funded program:

Profit Targets

The profit targets are the percentage profits you are required to achieve in your trading based on your initial account balance.

The prop firm requires you to reach a profit target of 8% in your first phase of evaluation and 5% in the verification stage.

This makes it more achievable in the platform and makes you stand a high chance of moving to a funded account.

Profit Share

Profit share is the percentage profit you will earn which is calculated based on your cumulative profits in the platform.

The Rocket21 trading platform allows you to earn a profit share of up to 80% of the total profits you get from your trading account.

Maximum Trading Days

In the Standard funding program, there is an unlimited number of trading days set in the program in all three phases.

Minimum Trading Days

The minimum trading days set in the program are set at 5 days for both the 21 challenge stages and verification stages.

Trading Leverage 1:100

The maximum trading leverage for the standard funding program is set at 1:100.

Maximum Daily loss

The prop firm set a maximum daily loss of 5% for the account balance.

This means that you should not lose more than 5% of your initial balance in the platform for you to avoid breaking the rule.

Maximum overall losses

The Standard funding program sets a maximum overall loss of 10% for every trader in all the trading stages.

This means that you are not permitted to lose more than 10% of your initial balance in your entire trading journey.

Apollo11 Funding Program Trading Rules

In the Apollo11 Funding, here are the available trading rules you must respect to continue trading with the platform.

Profit Targets

The prop firm requires you to reach a profit target of 9% in its single-phase evaluation stage for you to qualify for a funded account.

The high-profit target set for traders using the Apollo11 Funding program covers the entire evaluation process in the platform.

Profit Share

The Rocket21 trading platform in their Apollo11 funding program allows you to earn a profit share of up to 80% of the total profits you get from your trading account.

This high-profit share makes it a better option for many traders who want to explore their trading potential online.

Maximum Trading Days

In the Standard funding program, there is an unlimited number of trading days set in the program in all three phases.

This allows you to trade for your entire lifetime as long as you are comfortable and profitable.

Minimum Trading Days

The minimum trading days set in the program are set at 3 days for all the trading account stages in the program.

Trading Leverage 1:100

The maximum trading leverage for the standard funding program is set at 1:30.

Maximum Daily loss

The prop firm set a maximum daily loss of 5% for the account balance.

This means that you should not lose more than 5% of your initial balance in the platform for you to avoid breaking the rule.

Maximum overall losses

The Standard funding program sets a maximum overall loss of 6% for every trader in all the trading stages.

This means that you are not permitted to lose more than 6% of your initial balance in your entire trading journey.

The Trading Instruments Available On Rocket21 Challenge

The Rocket21 prop firm allows you to trade a number of instruments including indices, commodities, forex pairs, and cryptocurrencies.

By providing access to these different types of instruments, Rocket21 allows traders to diversify their portfolios and take advantage of opportunities in various financial markets.

This diversity can help traders spread risk and potentially increase their chances of achieving profitable outcomes, depending on their trading strategies and market conditions.

It also caters to traders with different preferences and interests in financial markets, making it a versatile prop trading firm.

What Are The Benefits Of Joining The Rocket21 Challenge?

Excellent customer support

The Rocket21 customer support team is available 24 hours a day to help you overcome the challenges you face in your trading journey.

You can get in touch with the support team seven days a week via their official customer support email or live chat.

All the risks faced in the platform are virtual

When trading on the platform, you will only face virtual risks especially when in the evaluation stage.

The prop firm then insures all the possible losses in the platform enabling your trade with no risk available.

Offers swing trading

Traders are allowed to trade or hold trades over weekends and during the day provided you are comfortable with the trading rules.

For instance, if you are held up and don’t feel like trading over the weekends, you can hold your trades and resume the following week.

This rule applies to all traders on the platform and allows traders to exercise more freedom while trading on the platform.

Accepts a variety of payment methods

The Rocket21 prop firm accepts digital currencies when making payments for your trading account or making withdrawals.

They mainly dwell in Mastercard, visa cards, and many other payment methods available online.

Offers one of the best scaling plans

After three months of trading in the platform on a live account, you will qualify for a scaling plan.

The scaling plan allows you to grow your trading account balance to a maximum of $2,000,000 on the platform.

This means that you will be growing your account balance by 30% every time you qualify for the scaling plan.

What Is The Cost Of Joining The Rocket21 Challenge?

The cost of joining the Rocket21 Challenge platform depends on the funding program you want to choose and the account size.

Here are the different funding programs’ account sizes and their corresponding prices.

Standard Funding Program

In the standard funding program, here are the account sizes available and their corresponding prices:

• $5,000 account size that cost $79.
• $10,000 account size that cost $139.
• $25,000 account size that cost $239.
• $50,000 account size that cost $349.
• $100,000 account size that cost $549.
• $200,000 account size that cost $939.
• $300,000 account size that cost $1,399.

Apollo11 Funding Program

In the Apollo11 Funding program, here are the account sizes available and their corresponding prices:

• $10,000 account size that cost $119.
• $25,000 account size that cost $199.
• $50,000 account size that cost $299.
• $100,000 account size that cost $499.
• $200,000 account size that cost $939.

When Can You Make Your Payout On The Rocket21 Challenge?

When participating in a standard funding program, your initial payout becomes eligible after a period of 30 days.

The number of days starts counting from the days you placed your first trade on your funded account.

When using the Apollo11 funding program, you’ll qualify for your first payout after fourteen days of trading.

In addition, you’ll only qualify for withdrawal if you have no orders and no open positions in your trading account.

The minimum amount you can withdraw from the platform is set at $25 which should correspond to the percentage of your profit share.

For future payouts, you must wait for fourteen days for you to make another withdrawal request on the platform.

It takes you up to three working days to process your payment after making your withdrawal request from the platform.

Note that weekends and holidays are always not considered as working days when processing your withdrawals.

For this reason, it is more advisable to request your withdrawal during the working days.

Does Rocket21 Challenge Offer A Refund Policy?

After you successfully complete your evaluation process on the platform, you’ll move to a funded account.

This makes you qualify for a refund of your registration fee in the platform which you will be able to claim in your first withdrawal.

However, you’ll not be able to withdraw the registration fee if you have insufficient profits in your live-funded account.

For this reason, you must first trade and make more profits in your live-funded account before making a withdrawal request on the platform.

Related Review: Maven Trading

Is Rocket21 Challenge A scam?

In my opinion, Rocket21 prop firm is not a scam.

By choosing your preferred live account, you’ll get the opportunity to trade with the company funds and achieve your financial freedom.

In addition, you can qualify for their scaling plan which can maximize your trading account to a balance of $2,000,000.

However, you must be consistent in your trading and more profitable for you to succeed in the platform.

If you aren’t profitable, you’ll not be able to pass their challenge.

This will deny you the opportunity to start trading with their funded account on the platform and earn profits.

For this reason, the prop firm targets to work with more profitable traders across the globe and is able to respect the other trading rules set in the platform.

My Assessment Of Rocket21 Challenge

My assessment of the Rocket21 Challenge is based on the following key topics:

Profit Splits: 9/10

Rocket21 Challenge offers an excellent profit share that allows you to earn more from your trade.

When you’re trading on a live-funded account, you’ll be able to earn up to 90% of the total profits you make from your trading.

The excellent profit share also motivates more traders to join the platform to build a passive income.

Scaling Opportunities: 8/10

The Rocket21Challenge provides you with a good scaling plan that makes you grow your trading account to a maximum balance of $2,000,000.

In the scaling plan, you’ll be able to increase your account balance by 30% every time your trading account is scaled up.

A higher percentage of the scaling plan makes it increases the growth of your account to maximize your trades.

Profit Targets: 8/10

The virtual profit targets set in the platform are very realistic as compared to other prop firms in the forex market.

This makes it easy for more traders to pass the challenge and move to a funded account on the platform.

In addition, it motivates more traders to join the proprietary farm and start trading in the forex market with the company funds.

Affordability: 6/10

The affordability of the program is good as compared with the other prop firms in the forex market.

For instance, it will only cost you $79 for you to own a $5,000 account size in their standard funding program.

This makes it more affordable for many traders who are low-income earners across the world to join their platform.

Trader Supports: 7/10

Rocket21 Challenge provides you with 24/7 support on your trading journey to ensure you succeed in your trading.

The excellent customer support makes it easy for traders to ask questions and get answers from the platform.

You can get in touch with the support team via their email or on a live chat and ask anything related to your trading to get answered.

Tradable Assets: 7/10

There are varieties of tradable instruments available on the platform that provide you with more options for trading.

This allows you to trade your favorite assets and achieve more from your trading journey on the platform.

Trustworthiness: 7/10

Rocket21 is a trusted proprietary firm with many testimonies in the forex market

The prop firm has many followers with excellent ratings on different credibility platforms such as Trustpilot.

This makes it more attractive to many traders online who want to adventure into forex trading to build a passive income.

My Overall Rating

In general, Rocket21 Challenge has a rating of 7/10 as compared to other firms in the forex market.

The platform is one of the best upcoming prop firms with an increasing number of traders online.

It is best suitable for traders with low capital and who want to explore their trading potential online to build a passive income.

What Are People Saying

Here is what people have to say about the Rocket21 Challenge online:

Trustpilot

Rocket21 Challenge has a rating of 4.2/5 stars on Trustpilot.

With over 2,400 reviewers, about 75% of them are rating the platform with 5 stars.

From the ratings above, it is certain that the prop firm has positive and negative reviews.

While positive outshines the negative, it is also important to check and see what some of the traders or interested traders are saying about this prop firm.

One trader, named Troy Simpson from the US had an issue with the platform’s customer service saying that he had to wait for quite a long time to receive a service.

The good part of it all is that a representative from the prop firm responded to the concern.

Another individual also had an issue with payment.

Stating that after the crypto payment was removed, the support team took time to make such updates.

Also, a third trader who rated the platform 1 star was very dissatisfied because he pointed out the 5% daily drawdown that gets you disqualified even though the platform didn’t point out that the same rule was being applied to someone’s equity.

As such he lost his account.

Another one also had an issue with the rules.

The trader pointed out that the rules seem to be geared towards making someone lose his or her account.

Those are just but a sample of concerns I saw it good to bring to your attention, but even that being the case, a lot of traders found this platform helpful.

FAQs About Rocket21 Challenge

What Payment Methods Are Accepted On The Rocket21 Challenge?

Rocket21 Challenge accepts a number of payment methods frequently used online by many people.

The commonly used payment methods in the platform include; credit/ debit cards and cryptocurrencies.

The company requires you to first check if your payment method is accepted by the platform before using it for payment.

How Long Do You Need To Wait For Rocket21 Challenge Payment To Reach Your Account?

At the Rocket21 Challenge platform, the payment request lasts for about three working days for processing to complete.

After completing the processing, you will receive your money in your wallet.

It will then take you another fourteen (14) trading days to make another withdrawal request from the platform.

Thank you for reading the Rocket21 Challenge Review.

If you have additional information or comments about this review, feel free to leave a comment in the below section.