" " " " " "

Frequently Asked Questions

Have questions about Forex Trading?
No problem, we’ve got you covered below:

Step by step walkthroughs

How to signup with RocketX

How to upload your FICA documents

Frequently Asked Questions

RocketX (Pty) Ltd, a company duly incorporated under the laws of South Africa, with company number 2020/824856/07, an authorised financial services provider, licensed and regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, with FSP No. 52142. RocketX (Pty) Ltd an authorised OTC Derivative Provider, is the counterparty, and principal to the contract for difference purchased by you (the Client).  

It is a privately owned company comprising individuals with extensive experience in the Foreign Exchange Markets, education, and risk management 

RocketX has the business address located at: 155 West St, WeWork, Sandton, 2031 

RocketX is an exchange-based trading platform created to support the forex industry for all African countries.

Unfortunately, Rocket X does not offer demo accounts currently.

It can take up to 24 hours to verify and process your FICA documents with our specialised team.   

ID Document/Passport

Proof of residence 
Utility Bill, Municipality Letter, Rental/Lease Agreement. For those who do not own or rent property; provide a sworn affidavit, ID copy as well as proof of address from the owner or contracted resident of the address.

Bank statement
(Dated within the last 3 months) reflecting the following information: Banks name, Banks logo Bank stamp (dated within the last 90 days), Account-holders full name as per ID, Residential address, Account number / IBANSwift code (if international), At least some transaction history.

In three easy steps you can start trading. Firstly, register with us. Secondly, upload your documents to our dashboard for verification and create the MT5 account of your choice. Lastly, deposit into your account and start your trading journey.  

One account type for each base currency we offer. More information on our account types can be found here: https://rocketx.io/forex-trading/ 

RocketX offers the following currency options: ZAR, USD, GBP 

Rocket X does not allow the below trading techniques:  
  • Scalping.
  • Bonus arbitrage or wash trading.
  • The use of automated Expert Advisors, or any Expert Advisors.
  • Insider dealings.
  • Market manipulation.
  • Market distortion.
  • Excessive trading without a legitimate intent to profit from market movements.
  • Unauthorized trading.
  • Spoofing.
  • Layering.
  • Any form of unfair trading practices, fraudulent, or illegal activities related to trading.

We offer a variety of options with 55 Forex Pairs, 6 Metals, 3 Energies and 5 Indices.  

If you experience any type of problem or have any questions, we ask you to contact our 24/7 customer support team. They are available to investigate any issues you face and can be reached through live chat, email or by requesting a phone call: https://rocketx.io/contact-us/

Please be advised that the minimum deposit for our Micro, Standard, and Bonus accounts is $5, while for the Swap Free account, it is $100

For bank wire withdrawals the minimum is R100, however for crypto withdrawals the minimum is 0.00020 for BTC and 0.010 for ETH.

No, there is no limit to how much clients can withdraw! 

Your withdrawal request is processed by our back-office within 24 hours. You will receive your money on the same day for payments made via e-wallet, while for payments by bank wire or credit/debit card it usually takes 2 – 5 business days.

Email: support@rocketx.io

You may cancel your withdrawal request while it is still pending, by contacting our Support Team via email, WhatsApp, Live Chats or giving us a call: https://rocketx.io/contact-us/ 

We process withdrawals to the following banks outside of South Africa: 

  • FNB Namibia
  • FNB Swaziland
  • FNB Lesotho
  • Standard bank Namibia
  • Bank Windhoek
  • Nedbank Namibia

All other international clients will need to request their withdrawals to a regulated crypto exchange wallet in either BTC or ETH