In the ever-evolving world of trading, finding the right tools and platforms can make all the difference. Rocket21, a rising star in the proprietary trading firm scene, offers aspiring traders an opportunity to take their skills to the next level. If you’re looking to get a jumpstart on your trading career or enhance your existing strategies, now is the perfect time to take advantage of Rocket21’s “INVEST” 10% OFF discount code. This promo code provides substantial savings and access to one of the most exciting trading challenges available today.
Let’s break down what Rocket21 offers, why their challenges are worth exploring, and how you can utilize the “INVEST” promo code to your advantage.
What Is Rocket21?
Rocket21 is a proprietary (prop) trading firm established in 2022, catering to traders around the globe with its range of evaluation programs. The firm allows you to trade various financial instruments such as forex, stocks, indices, and cryptocurrencies using virtual funds in a simulated trading environment. What sets Rocket21 apart from other prop firms is its innovative approach to funding and scaling accounts, with profit shares up to 90%, minimal fees, and a flexible evaluation process.
How Does the Rocket21 Challenge Work?
The Rocket21 Challenge is a two-step process where traders showcase their skills in a simulated environment before qualifying for funded accounts. Here’s a simple breakdown:
Choose an Evaluation Account: Rocket21 offers a variety of funded account options, starting from $5,000 up to $300,000. Based on your goals and trading style, you can pick an account size that works best for you.
Complete the Evaluation: There are two main types of challenges: a one-step challenge, which requires a 9% profit target, and a two-step challenge, which has a lower target of 5% and 8% for each phase. There is no time limit, giving traders the flexibility to trade at their own pace without the stress of daily deadlines.
Receive Funding: Once you pass the evaluation phase, you gain access to a funded account where you can trade with real funds. Rocket21 then offers an attractive profit split, starting at 85% and scaling up to 90%.
Comparing Rules and Pricing Across Rocket21 Challenges
Rocket21 offers a unique and flexible approach to funding challenges, providing traders with evaluation programs tailored to their specific needs. Whether you’re looking for a one-step or two-step process, Rocket21 has a wide range of account sizes to choose from, starting at $5,000 and going up to $300,000.
Apollo 11 – Single-Phase Challenge
The Apollo 11 challenge is a one-phase evaluation where you can qualify for a payout in just 14 days after earning a Rocket21 Funded Account. This challenge gives you access to up to $600,000 in virtual capital, and if you maintain consistent performance, you can scale your account to an impressive $2 million.
Regular & Swing – Two-Step Challenges
For traders looking for a more structured path, the two-step evaluation offers the potential to manage up to $600,000 in virtual capital after passing both stages. This program is designed to challenge your trading abilities, helping you refine your skills and prepare for real-market conditions in a simulated trading environment. Like Apollo 11, consistent traders can scale their accounts to $2 million.
Challenge Comparison: Key Points to Consider
Inactivity Periods: All accounts, including competition accounts, must stay active. If you don’t place a trade within 30 consecutive days (calendar days, not trading days), your account will be flagged as inactive.
Preventing Inactivity: To avoid inactivity, simply place any trade within 30 days.
Transitioning to Funded Accounts: Once you pass the challenge phases, your simulated funded account will be issued. Before you can make any withdrawals, you’ll need to complete the Know Your Customer (KYC) process and submit the necessary contracts.
Additional Guidelines
Drawdown Reset Time: The maximum daily drawdown for simulated accounts on DXtrade and TradeLocker resets at 00:00 UTC. To avoid potential issues, it’s recommended not to trade during the reset window. Once your daily balance or equity (whichever is higher) is updated, your dashboard will display your new daily breach level.
Support Available 24/7: If you ever need help during your Rocket21 challenge, the support team is available via live chat 24 hours a day, 7 days a week. They’re dedicated to ensuring your success throughout the challenge.
Rocket21’s funding challenges offer a solid foundation for traders looking to prove their skills and grow their accounts. With clear rules, structured programs, and top-notch customer support, Rocket21 provides an excellent platform for taking your trading to the next level.
Key Features of Rocket21
No Time Limits: Unlike other prop firms, Rocket21 doesn’t impose strict deadlines. You can trade at your own pace and complete the evaluation when you’re ready.
Scalability: Consistent traders have the opportunity to scale their accounts up to a maximum of $2 million, making Rocket21 a top choice for ambitious traders.
Profit Sharing: The profit-sharing model starts at 85% and can go up to 90%, making it one of the most generous in the industry.
Low Entry Fees: With the “INVEST” discount code, you can get started with as little as $59 (for the smallest account size) and still have a chance to manage a much larger virtual portfolio.
Simulated Trading Environment: Rocket21 uses the DX Trade platform, providing a simulated trading experience to evaluate traders. This allows you to sharpen your skills before stepping into the high-stakes world of actual trading.
Support and Assistance: The Rocket21 support team is available 24/7 through live chat, email, and a comprehensive FAQ section, making it easy to get help when you need it.
- Revive Feature: The Revive Feature allows traders to revive their Phase 2 account if they breach the rules, giving them a second chance to continue the challenge without starting from scratch.
What Makes Rocket21 Stand Out from Other Prop Firms?
Rocket21 has quickly become a favorite among traders for several reasons:
- Flexibility in Account Types: Whether you prefer regular or swing trading, Rocket21 has you covered with its two-step and one-step challenges.
- No Pressure from Time Limits: Unlike firms that push traders to meet deadlines, Rocket21 eliminates the time factor, focusing solely on your performance.
- Partnership with Eightcap: Rocket21’s integration with Eightcap, a well-regarded brokerage, offers competitive trading conditions, ensuring that your experience is both efficient and seamless.
- Referral Program: Rocket21 also offers an affiliate program where you can earn rewards by referring others to the platform using your unique referral link.
The Rocket21 Platform: A Trader’s Dream
Rocket21 has partnered with DX Trade, a leading web browser-based trading platform. Whether you’re a beginner or an experienced trader, DX Trade offers a smooth and customizable experience, allowing you to tailor charts and analyses to your needs.
Moreover, the platform includes over 100 built-in indicators that cover all aspects of technical analysis, empowering traders with the tools needed to succeed. You can also take advantage of the platform’s fast order execution and market depth features to maximize trading opportunities.
How to Use the “INVEST” Rocket21 Discount Code?
Here’s a step-by-step guide to using the “INVEST” promo code and starting your journey with Rocket21:
1. Sign Up for Rocket21: Visit the Rocket21 website and sign up if you are new.
2. Choose a program: and choose the evaluation account size that suits you best. This could be a $5,000 or $300,000 account depending on your confidence and experience level.
3. Enter the Promo Code: When prompted during checkout, enter the “INVEST” discount code. This will give you a 10% discount on the evaluation fee, reducing your upfront cost.
4. Complete the order and enter all necessary information upon checkout.
5. Complete the Evaluation: Begin the challenge and trade in the simulated trading environment. Remember, there are no time constraints, so take your time to meet the profit target.
Is Rocket21 Right for You?
If you’re an aspiring trader looking for a platform to showcase your skills, Rocket21 is a great choice. With a variety of account options, flexible challenges, and excellent profit-sharing opportunities, it provides traders with a unique opportunity to grow their accounts and careers. Whether you’re just starting out or looking to scale your existing strategies, Rocket21 has something to offer.
By using the “INVEST” discount code, you’re not only saving on the initial evaluation fee but also gaining access to a community of traders who are committed to helping each other succeed. With the support of Rocket21’s comprehensive platform, educational resources, and customer service, there’s never been a better time to start your trading journey.
In conclusion, Rocket21 offers a platform for traders of all levels to test and refine their skills in a low-risk environment. With a little patience and strategic planning, you can go from taking the Rocket21 Challenge to managing a funded account worth up to $2 million. So why wait? Grab your 10% off with the “INVEST” promo code and take the first step towards becoming a funded trader today!