Company Summary
| RocketX Review Summary | |
| Founded | 2021 |
| Registered Country/Region | South Africa |
| Regulation | FSCA (Exceeded) |
| Market Instruments | Forex, indices, shares, metals, energies |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| Spread | From 1 pip |
| Trading Platform | MT5 |
| Minimum Deposit | $5 |
| Customer Support | Live chat, contact form |
| WhatsApp: +27 66 192 8421 | |
| Tel: +27 (10) 045-4911 | |
| Email: support@rocketx.iocomplaints@rocketx.io | |
| Social media: X, Facebook, Instagram, LinkedIn | |
| Regional Restrictions | US clients are not allowed |
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
| Pros | Cons |
| Tight spreads | Exceeded FSCA license |
| Various contact channels | No demo accounts |
| MT5 platform | Regional restrictions |
| Low minimum deposit requirement | |
| Various payment options |
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.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Here are four account types RocketX offers:
| Account Type | Minimum Deposit |
| MarsStandard Account | $5 |
| SaturnSwap Free Account | $100 |
| JupiterBonus 175 Account | $5 |
| PlutoMicro Account | $5 |
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
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
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.
