All Collections
Getting Started
General
Are Rocket21 Accounts Live Accounts?
Are Rocket21 Accounts Live Accounts?
Updated over a week ago

The short answer is no.

All trading activity, no matter the phase of the challenge even if it is a funded account, are fully simulated and all accounts are demo accounts. Even when you become a funded trader, you are trading a demo account with virtual funds in select simulated markets.

All funds used to trade are funds in a simulated environment and no real money is ever used to raise trades and orders are never executed in live markets.

Funded accounts are accounts with real market quotes from liquidity providers. This simulated account data may be used to identify trades in the live market by a partnered proprietary trading firm that uses the data at their discretion to develop trading strategies.

Please note that all Phase 1 & 2 and Simulated Funded Accounts are subject to simulated feed routing, which enables the simulation of real market conditions.

Disclaimer: Simulated performance results have certain limitations. Unlike an actual performance record, simulated results and trading do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown throughout Rocket 21's Website and Knowledge Center.


Did this answer your question?