General Information
RocketX, Founded In 2023 And Headquartered In South Africa, Is A Trading Platform Designed To Provide Diverse Opportunities For Traders Interested In Forex, Indices And Stocks. The Company Offers Multiple Account Types, Including Mars, Saturn, Jupiter And Pluto, To Meet The Needs Of Traders With Different Preferences And Experience Levels. With Minimum Deposits Ranging From $5 To $100 And Maximum Leverage Ratios Up To 1:500, RocketX Is Designed To Meet The Needs Of Both Novice And Experienced Traders.
A Notable Feature Of RocketX Is Its Use Of The MetaTrader 5 (MT5) Trading Platform Known For Its Stability And User-friendly Interface. MT5 Is A Versatile Platform For Both Beginners And Professionals, Aligned With RocketX's Promise To Provide A Seamless Trading Experience. The Broker Distinguishes Itself By Introducing Innovative Bonus Schemes, Including Referral Programs, White Label Solutions, Affiliate Programs, And Tailored Rebate Programs, Promoting A Sense Of Collaboration And Reciprocity Within Its Trading Community.
Pros And Cons
Pros
1. Diverse Range Of Tradable Assets
2. Various Account Types To Suit Different Preferences
3. User-friendly MetaTrader 5 (MT5) Platform
4. Innovative Bonus Scheme
Disadvantages
1. Limited Transparency Of Business Practices
Trading Tools
RocketX Offers A Comprehensive Range Of Trading Tools To Suit Different Investment Strategies. Available Tools Include Forex, Indices And Stocks. Traders Can Trade Currency Pairs By Participating In The Dynamic And Ever-changing Currency Market Through Forex Instruments. Indices Represent A Collection Of Stocks In A Particular Market, Providing Traders With The Opportunity To Speculate On Broader Market Movements. In Addition, Stocks Can Also Be Traded For Those Interested In Individual Company Stocks. This Diverse Selection Of Trading Instruments Caters To A Wide Range Of Investment Preferences, Enabling RocketX's Clients To Participate In A Variety Of Financial Marekts Based On Their Trading Objectives And Risk Tolerance.Account Types
RocketX Offers A Range Of Account Types Designed To Meet The Diverse Needs And Preferences Of Traders. Each Account Type Has Unique Characteristics That Provide Options For Traders With Different Experience Levels And Trading Styles.
1. Mars - Standard Account:
The Mars Standard Account Is Tailor-made For Traders With A Minimum Deposit Requirement Of $5. It Offers Leverage Of 1:500, Allowing Users To Control Larger Positions With Relatively Small Capital. Spreads For This Account Type Start At 1 Pip And Are Suitable For People Looking For A Simple And Direct Trading Experience. Tools Available For Trading On The Mars Account Include Forex And Indices, Where Traders Can Get Efficient Money Management From Quick Withdrawals.
2. Saturn - Free Trading Account:
The Saturn No Interest Account Is For Traders Who Follow Islamic Principles, Providing An Account Structure With No Interest Exchange. With A Minimum Deposit Of $100 For A Saturn Account, Traders Can Enjoy 1:500 Leverage And Trades With A Starting Spread Of 1 Pip. Similar To A Mars Account, A Saturn Account Supports Forex And Index Trading, Providing An Interest-free Option For Traders Who Require An Interest-free Trading Environment.
3. Jupiter - Bonus 175 Account:
The Jupiter Bonus 175 Account Is Designed For Traders Looking For Additional Benefits. With A Minimum Deposit Of $5, Users Can Enjoy 1:500 Leverage And A 1 Pip Spread. It Is Worth Noting That This Account Type Comes With A Bonus Of 175, Providing Additional Financial Incentives For Traders. Forex And Indices Are Tradable Tools On The Jupiter Account. As With Other Accounts, Users Can Conduct Efficient Money Management Through Quick Withdrawals.
4. Pluto-Micro Account:
The Pluto Micro Account Is Suitable For Traders Who Prefer A Micro-trading Environment. The Minimum Deposit Requirement For This Account Type Is $5, Offers Leverage Of 1:500, And A Starting Spread Of 1 Pip. It Is Worth Noting That The Pluto Account Runs On The MT5 Platform, Providing Traders With Advanced Features And Tools. The Range Of Tradable Tools Includes Forex, Stocks, And Indices, With The Flexibility Of Micro-contract Size. Traders On The Pluto Account Can Efficiently Manage Their Funds Through Quick Withdrawals.
Leverage
RocketX Offers Great Leverage Of 1:500, Enabling Traders To Amplify Their Market Exposure. Leverage Is A Key Feature Of Financial Marekt, Which Allows Users To Control Larger Position Sizes With Relatively Little Capital. At 1:500 Leverage, For Every $1 In A Trader's Account, They Can Open A Position Worth $500. This Increased Leverage Can Amplify Potential Profits And Losses, Making Risk Management A Key Aspect Of Trading On The RocketX Platform.
Spreads And Commissions
RocketX Offers A Starting Spread Of 1 Pip On Its Different Account Types. In The Mars Standard Account, Traders Can Expect A 1 Pip Spread On Forex And Indices. The Saturn Interest Free Account And The Jupiter Bonus 175 Account Maintain A 1 Pip Spread On Forex And Indices. The Pluto Micro Account Also Features A Starting Spread Of 1 Pip, Aimed At Traders Who Prefer A Smaller Account Size.
It Is Important To Note That Information On Commissions Is Not Explicitly Provided On The Website, Indicating That The Main Trading Costs Of RocketX Are Related To Spreads. Traders Can Adjust Their Positions From 1 Pip Through Spreads, Taking Into Account Costs According To Their Trading Needs.
Deposit And Withdrawal
Deposit Methods: VISA, Mastercard, Alphapo, Binance/Binance Pay, Finrax, Ozow, PerfectMoney, Skrill, SticPay, VirtualPay
Withdrawal Methods: Bank Telegraphic Transfer (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, Ethereum/Ethereum
Trading Platform
RocketX Uses One Of The Most Popular Trading Platforms In The World, MetaTrader 5 (MT5). Known For Its Stability And User-friendly Interface, MT5 Is Suitable For Both Novice And Experienced Traders. The Platform Is Praised For Its Wealth Of Features, Providing A Comprehensive Toolkit For Those Proficient In Professional Trading Strategies, While Also Providing Simplicity For Beginners. The Intuitive Design Of MetaTrader 5 Ensures That Users Can Easily Use The Platform Even Without Prior Knowledge Of Trading. With Powerful Tools And Features, MT5 Positions Itself As A Reliable And Easily Accessible Trading Platform For RocketX Users, Providing A Seamless Trading Experience For Traders Of All Kinds.
Customer Support
RocketX Provides Customer Support Through Various Channels, Answering Users' Queries And Concerns In A Timely Manner.
For Written Communications, Users Can Contact Knowledgeable Client Server Personnel Via Email, General Inquiries Can Be Sent To [email protected], And Complaints For Specific Issues Can Be Sent To [email protected]. This Approach Enables Users To Voice Their Concerns And Receive Comprehensive Assistance From The Support Team.
Additionally, Users Can Contact RocketX's Support Staff By Phone For Live Assistance. The Contact Phone Number Provided, + 27 (10) 045-4911, Provides Users With A Direct Route To A Helpful Support Representative. This Telephone Support Option Is Designed To Provide Immediate Assistance, Ensuring Users Can Resolve Their Issues Or Difficulties Promptly.
