We created Rocket 21 to level the playing field for every trader. In fact, every funded trader has an opportunity to become funded by passing one of our challenges. It doesn’t matter if you’re a new trader or experienced—the Rocket 21 Challenge is for everyone.

Once you pass our challenge, you unlock access to virtual capital ranging from $5,000–$300,000. This is a game changer for traders who can’t scale their trading because of a lack of funds. As a simulated funded trader with Rocket 21, you don’t have to worry about losing your hard-earned money. We back you with our virtual funds.

But to start your funded trading journey, you must first pass one of our two competitive challenges: Standard or Apollo11. In this guide, you’ll find everything you need to know.

Rocket 21 Funded Trader Challenge Qualifications

First, we’ll walk through how to qualify for our two challenges. Anyone over the age of 18 can register an account with us. Please note that we’re unable to offer services to a few countries because of restrictions with our payment exchange accounts. So, before you purchase a challenge, check to see if your country is on the restricted list.

Once you successfully pass one of our challenges, you’ll be asked to complete a Know Your Customer (KYC) check to become eligible for a simulated funded trading account. Also, you must be the sole operator of your challenge account. Don’t share your account details with another person or use a VPN. This may result in the suspension of your account.

Types of Rocket 21 Funded Trader Challenges

To win a simulated funded trading account with Rocket 21, you must complete one of these challenges:

Rocket 21 Standard Challenge

This is a two-step challenge. You can choose between a regular or a swing account ranging from $5,000 to $300,000 in simulated trading funds.

Step 1

In Step 1, you have to achieve an 8% payout target. There’s no time limit to reach this target, so you can take your time and trade the market as per your strategy. Although, we require a minimum of five simulated trading days.

In this stage, we’ll look at your daily drawdown (loss) based on your starting balance or virtual equity (whichever is greater). Don’t exceed the virtual daily drawdown level by 5% and the overall virtual maximum drawdown level by 10%, or you may lose the challenge.

If you successfully pass Step 1, your challenge fees will be refunded.

Step 2

Step 2 is the evaluation round. This step has the same rules for virtual maximum daily (5%) and maximum overall drawdowns (10%). However, the payout target is reduced to 5% in this stage. There’s no cost for this step.

If you successfully pass the evaluation, we’ll review your account to see if all trades match our challenge parameters. Once everything checks out, we’ll invite you to join us as a Rocket 21 funded trader. You’ll then get to manage as much simulated capital as per your challenge.

The good news is there are no payout targets at this stage. As long as you stay profitable, you don’t have to worry about reaching a percentage profit. But you must still maintain the same virtual drawdown levels: 5% daily and 10% overall.

If you’re hitting profits consistently, you can request your very first payout 30 days after taking the first trade. We process payouts within three days.

Rocket 21 Apollo11 Challenge

Apollo11 is a one-step Rocket 21 Challenge that’s suitable for experienced traders. You can choose a trading account of $10,000–$200,000 in virtual funds from our challenge dashboard.

When you start the challenge, you’ll be given a virtual profit target of 9%. There’s no time limit to reach this target, although you must trade a minimum of three days.

The Apollo11 Challenge rules are far more relaxed than the Standard Challenge. For instance, you’re allowed a virtual maximum daily drawdown of 3% of your initial balance. This is subtracted from your previous day’s ending balance or virtual equity (whichever is higher). The maximum drawdown allowed is 6%. We use a relative drawdown calculation to check your balance.

Once you pass the challenge, you’ll become a funded trader. After verifying your trades and performing a KYC, we’ll offer you an agreement to become a virtual Rocket Trader with Rocket 21. From there, you can start managing a simulated funded trading account.

There’s no payout target for our funded traders.

Rocket 21 Funded Trader Challenge Rules

Both challenges begin as soon as you place your first simulated trade. This includes pending orders. Don’t share your login details with anyone. If your account is found to be managed by a third party, you’ll be suspended or even permanently banned. Your account will be terminated, and you’ll need to create a fresh login to attempt another challenge.

The Rocket 21 Challenge rules are quite straightforward. We’ll outline them below, or you can visit our FAQ section to read more details.

Payout Targets

Our payout targets are relatively easy to reach compared to other evaluation firms. As long as you practice good risk management and stay disciplined with your strategy, hitting the target shouldn’t be a problem.

Standard Challenge

• Step 1: 8% payout target
• Step 2: 5% payout target
• Funded Rocket Trader: None

Apollo11 Challenge

• Step 1: 9% payout target
• Funded Rocket Trader: None

Maximum Drawdown Limit

The virtual maximum drawdown level is the total amount of money you can lose in one day or overall.

Standard Challenge

• Virtual Daily Drawdown: 5% based on daily starting balance or virtual equity (whichever is higher)
• Overall Virtual Maximum Drawdown: 10% of the initial account balance
• The same rule applies to funded Rocket Traders.

Apollo11 Challenge

• Virtual Daily Drawdown: 3% of your initial balance, which will be subtracted from your previous day-ending balance or simulated equity (whichever is higher)
• Overall Virtual Maximum Drawdown: 6% based on relative drawdown calculation
• The same rule applies to funded Rocket Traders.

Minimum Trading Day Limit

This is the number of days you must trade within a challenge window:

• Standard Challenge: five minimum days
• Apollo11 Challenge: three minimum days

Weekend Holding

Swing account holders can keep positions open over the weekend for both challenge and virtual funded accounts. But regular account holders are strictly prohibited from holding open positions during weekends.

News Trading

Regular accounts have some restrictions on simulated news trading. Users who have a swing account can keep their trades open during high-impact fundamental releases in all phases.

Leverage

• Regular accounts (Forex instruments): 1:100 leverage
• Swing accounts (Forex instruments): 1:30 leverage
• Apollo11 Challenge: 1:30 leverage

Rocket 21 Payout System

Rocket 21 offers cryptocurrency payouts to all simulated funded traders. You can claim your payouts in Bitcoin, Ethereum, USDT, or USDC.

Once you become a funded Rocket Trader, you can request a payout 30 days after placing the first trade. To request a payout, simply login to your dashboard and navigate to withdrawals. Select the cryptocurrency you want to withdraw and insert your unique crypto wallet ID. Please note that it should be an ERC-20 chain for USDT, USDC, and ETH.

We review and approve payouts within three business days.

Tips to Successfully Complete the Rocket 21 Funded Trader Challenge

Trading won’t give you instant riches. In reality, more traders lose than win. But several funded traders have found success, pocketing thousands of virtual dollars with their trades.

These tips can help you succeed:

• Trading is a marathon, not a sprint. Build your fortune one trade at a time. Stay patient and don’t overtrade in hopes of bagging big wins.
• Master your trading psychology. Successful traders ride the emotional roller coaster of fear, greed, and excitement without deviating from their strategy. They know how to keep their cool when the market gets hot.
• Learn from your mistakes. Losing money isn’t the end; it’s a lesson. Smart traders study their mistakes, look for negative patterns, learn from them, and come back stronger.
• Soak up knowledge from every corner. You can join our Discord channel to discuss strategy and learn valuable tips from fellow traders.
• Stay consistent with your strategy. Stick to your trading plan, even if the market is moving against you. Don’t let short-term price swings sway you from your strategy.
• Risk management is non-negotiable.

Are You Our Next Rocket 21 Funded Trader?

Rocket 21 is rated highly on Trustpilot. We’re a secure evaluation firm, where hundreds of traders are fulfilling their dreams of funded trading. As our simulated funded Rocket Trader, you receive an 85% payout split, with an option to go up to 90% with a scaling plan.

So, what are you waiting for? Join the Rocket 21 Challenge to become our next virtual funded trader.

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