Rocket21 Challenge is a US-based fund
Are you an experienced trader looking for a stable source of funding in the US market? Look no further than Rocket21 Challenge (referred to as Rocket21), a fund that provides capital to traders who can prove their skills through an evaluation process. In this article, we will delve into the details of Rocket21 Challenge, including what it is, its credibility, and the products it offers.
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ToggleWhat is Rocket21 Challenge?
Rocket21 Challenge is a US-based fund that seeks out skilled traders who can generate consistent profits in the market. Traders simply need to demonstrate their capabilities through an evaluation phase. After which Rocket21 provides them with the corresponding amount of funding they have signed up for. The fund allows traders to manage a maximum capital of $600k through a fee-based structure and $2,000,000 through an expansion policy.
Is Rocket21 Credible?
Evaluating the trustworthiness of Rocket21 involves examining global trader reviews on platforms like Trustpilot and engaging with the Rocket21 Discord community. On Trustpilot, It has amassed 1,872 reviews, yielding an average rating of 4.2. This rating is somewhat lower than that of other prominent funding companies. Caution is advised, and potential users are encouraged to thoroughly read the latest reviews before considering involvement with Rocket21. official website here
Products Offered by Rocket21
Currently, Rocket21 offers two funding products:
- Apollo 11 Account
- Standard Account (Rocket21)
Let’s take a closer look at the details of these products.
Apollo 11 Account
The Apollo 11 Account’s designed for traders who have a proven track record and are looking for a higher level of funding. This account allows traders to manage up to $600k in capital through a fee-based structure. Where they pay a monthly fee based on the amount of capital they are managing. The fees range from 1% to 2%, depending on the size of the account.
Requirements for Apollo 11 Account
To be eligible for the Apollo 11 Account, traders must meet the following criteria:
- Prove a consistent track record of profitability
- Have at least 6 months of trading experience
- Be able to provide detailed trading statements for the past 6 months
- Have a minimum of $5,000 in personal capital
Standard Account (Rocket21)
The Standard Account, also known as Rocket21, is suitable for traders who are just starting out or have a smaller track record. This account allows traders to manage up to $100k in capital, with the option to increase it up to $600k based on performance. Unlike the Apollo 11 Account, there is no monthly fee for this account, but traders will be required to share a percentage of their profits with it.
Requirements for Standard Account
To qualify for the Standard Account, traders must meet the following requirements:
- Have at least 3 months of trading experience
- Provide detailed trading statements for the past 3 months
- Have a minimum of $2,000 in personal capital
The prize structure of the competition is as follows
Why Choose Rocket21
Join our community and experience trading made simple. Our primary objective is to provide an exceptional trading environment, supporting our skilled traders every step of the way.
Customer Support Our dedicated customer service team is at your service 24/7. Reachable through both email and live chat.
Virtual Risk When partnering with us, your simulated losses are covered. You won’t be held liable for any additional unpaid debt.
Instruments Rocket provides a range of instruments for simulated traders. In this virtual environment, you can trade commodities, indices, and various currencies without any limitations.
Conclusion
In conclusion, Challenge is a fund that provides capital to skilled traders in the US market. While its credibility may be slightly lower compared to other funding companies, it still has a significant number of positive reviews and offers two funding products to cater to different levels of traders. However, it is important to thoroughly research and consider all factors before joining any fund, including Rocket21.