ALL COMPETITIONS
COMPETITION RULES:
Follow all the same rules for the challenges:
5% Max Daily Drawdown | 10% Max Total Drawdown | Minimum Trading Days
EA’s are not allowed, no taking advantage of unrealistic fills in the demo environment, daily Drawdown will now be calculated based on Balance or Equity whichever is higher at the end of the day
There following lot size rules apply:
5 Lot Max for Forex Pairs | 3 Lot Max for Indices |
lot for Crypto, Commodities
Positions max open at any given time, only 1 account per person is permitted, the competition starts on the first of the month and ends on the last day of the month. If you end up being one of the winners, someone from our Support Team will reach out with the appropriate prize.
HAVE QUESTIONS?
Take a moment to review the rules of the game. Being informed is the first step to winning your reward.
The following rules apply to each competition. Breaching any of these rules will immediately disqualify competition participants.
- • You may only have one registered account through one email address and one IP address; if you register multiple accounts you will be immediately disqualified.
- • Virtual 5% Max Daily Drawdown, this is calculated based on the initial balance. For a $100k demo account, the virtual daily drawdown will always be $5k. This is then subtracted from the daily starting virtual balance or simulated equity (whichever is higher) at the start of a new day at 5 p.m. EST.
- • Virtual 10% Max Total Drawdown based on the initial demo account starting balance.
- • 5 Minimum simulated Trading Days.
- • No taking advantage of unrealistic fills in the demo environment.
- • EA’s are not allowed.
Lot Size Limits
- • A maximum of 5 lots for Forex pairs.
- • A maximum of 3 lots for Indices.
- • A maximum of 3 lots for Crypto and Commodities.
- • The maximum number of open simulated positions at any given time is 5.
Yes! Every competition we launch each month is entirely free for anyone to sign up and participate in. We welcome traders from all around the world to join and put their skills to the test.
Once registered, you are eligible to compete and potentially win great prizes. All rules for the specific competition are available on our website and should be carefully read before entering.
This is a great option for those who are just starting out and want to be a part of a great community while also improving their skills and learning more about Rocket 21. Experienced traders are also welcome to participate!
Gathering from around the world, all entrants have equal opportunities to succeed. Winners are determined by a computerized system that scores each entrant’s strategy and performance. Not to worry, since there isn’t an element of chance involved to determine the results – it’s a pure test of skill.
We advise all traders to manage risks, practice caution and ensure compliance with all the rules before entering any competition. This is essential to being successful and keeping losses to a minimum.
So what are you waiting for? Sign up today to take part in our free and enjoyable competitions. It’s the best way to meet others, share knowledge, and become the best Rocket 21 trader you can be!
Registrations will be open from the first day of the month prior to the date of the competition, and the competition has a duration of 1 month.
