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Prop Trading company Rocket 21 organizes monthly trader competitions where participants aim to achieve the highest position by trading on virtual accounts throughout the month, adhering to specific rules. Participants must avoid exceeding a 5% daily drawdown and a 10% total drawdown based on the initial balance. A minimum of five trading days is required within the month.

Participating in the competition offers traders not only the chance to win attractive prizes but also the opportunity to test their trading skills, discipline, and observe the strategies of other participants. These competitions are an excellent learning and development opportunity for traders of all levels.

The competitions are held on popular trading platforms such as MetaTrader 4 and MetaTrader 5. Participants can trade various financial instruments, including forex, CFDs, stocks, indices, and commodities, allowing them to comprehensively test their trading strategies in a safe environment.

Rocket 21 competitions are conducted on demo accounts, eliminating the risk of losing real funds. This allows anyone to try their hand without financial worries while having the chance to win a funded trading account, which can be a crucial step in a trader's career.