RocketX

RocketX Information

RocketX is an exceeded broker, offering trading on forex, metals, energies, indices and shares with leverage up to 1:500 and spread from 1 pip on MT5 trading platform. The minimum deposit requirement is $5.

Pros and Cons

Is RocketX Legit?

RocketX is licensed by FSCA to offer services, but the license was exceeded.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	Financial Sector Conduct Authority (FSCA)	Exceeded	RocketX (Pty) Ltd	Financial Service Corporate	52142

What Can I Trade on RocketX?

RocketX offers trading on forex, metals, energies, indices and shares.

Account Type

Here are four account types RocketX offers:

Leverage

RocketX offers maximum leverage at 1:500. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

RocketX Fees

RocketX Spreads

RocketX offers spread from 1 pip.

Swap Rates

The Saturn Swap Free Account is a swap-free account.

Trading Platform

Deposit and Withdrawal

RocketX accepts deposit payments via OZOW, korapay, virtual pay, OTT voucher, Skrill, brightcart, Payunit, VISA, finrax, alphapo, BINANCE PAY, Perfect Money and STICPAY.

RocketX accepts withdrawal payments via bankwire and crypto. For bank wire withdrawals, the minimum is R100. However, for crypto withdrawals, the minimum is 0.00020 for BTC and 0.010 for ETH. The withdrawal processing time is within 24 hours. However, for withdrawals made via crypto, bank wire, or credit/debit card, the standard processing time frame typically ranges from 2 to 5 business days.