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Rocket Dollar Review (2025)
Is Rocket Dollar a scam? Rocket Dollar review: is it safe and legit real estate investment firm?
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Rocket Dollar Review
• Rocket Dollar Capital LLC provides retirement accounts with access to alternative investments.
• For the protection of its clients, Rocket Dollar is registered with several government agencies.
• Some alternative investments in a Rocket Dollar account may not be insured.
Are you thinking about opening a Rocket Dollar account? If so, you’ve come to the right place. We’ve done a great deal of research for you on the safety of the investment firm, and here is our conclusion:
History of Rocket Dollar
Rocket Dollar Capital LLC was founded in 2016 with an emphasis on retirement investing in alternative assets. Because it is such a young company, it is not yet publicly traded. It is based in Austin, Texas.
Investing with Rocket Dollar
Rocket Dollar offers investing in retirement accounts, namely IRAs and self-employed 401k plans.
In these accounts, anything the IRS approves can be held. Beyond the pale of standard securities,
we’re talking precious metals, art, real estate, start-ups, and cryptocurrencies. To secure such a large cornucopia of assets, Rocket partners with lots of financial institutions. Examples include Kraken, AngelList, and Fruition Capital.
Rocket Dollar Cost
Rocket Dollar brags on its website that it uses transparent pricing. Sure enough, prices for its
retirement accounts are clearly posted in multiple places on the site. Here’s the lowdown:
| Plan | Monthly Fee | Setup Charge |
|---|
| Self-directed IRA | $30 | $360 |
| Checkbook IRA | $30 | $600 |
| Solo 401k | $30 | $600 |
Rocket Dollar also has a refund policy posted on its website. Customers have 10 days from payment to
request a refund, which may be offset by hard costs incurred by the firm. A termination after 10
days carries a $50 charge. Transfer fees are clearly posted on Rocket’s site as well.
In advisory accounts, Rocket Dollar
does not charge commissions on trades, although the custodian holding the account could.
Commissions are charged in brokerage accounts, and these prices are not disclosed on the Rocket
Dollar website. They are disclosed at account opening. An equity order could cost between 1% and 5% of trade value.
Rocket Dollar Website
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Regulation of Rocket Dollar
Rocket Dollar is registered with both FINRA and the SEC as both an investment-advisory firm and a broker-dealer. Here are the company’s registration numbers:
| Agency | Broker-dealer | Investment advisor |
|---|
| FINRA | 170520 | 314075 |
| SEC | 801-79277 | 8-70697 |
As a brokerage firm, Rocket Dollar is registered in all 50 states plus the District of Columbia and Puerto Rico. It has zero disclosures on its BrokerCheck profile, although it has only been registered since 2023.
As an investment advisor, Rocket Dollar has been registered since 2014, so there’s a little more time there. We do not see any problems on the company’s IAPD page.
Insurance at Rocket Dollar
Rocket Dollar is a member of the Securities Investor Protection Corporation (SIPC), which is the
primary insurer of securities accounts in the United States. However, Rocket does not actually hold any
client assets. For this task, it contracts with Apex Clearing Corp. This brokerage firm is responsible
for holding client assets in Rocket accounts (and publishing account statements and trade confirmations).
Apex is also a member of SIPC. Thus, securities, and only eligible securities, obtained through Rocket
Dollar are insured up to $500k per account category. Assets like cryptocurrencies are not eligible for
SIPC insurance. Apex has its own registrations with FINRA and the SEC, too.
Rocket Dollar Better Business Bureau Rating
Rocket Dollar has a profile at the Better Business Bureau. Here, we see a grade of A+, the highest possible grade. And just in case that’s not good enough for you, Rocket Dollar is also BBB accredited. This certification means that Rocket has passed through several rigorous standards with the business watchdog. These criterions include the ability to:
- Build Trust
- Advertise Honestly
- Tell the Truth
- Be Transparent
- Honor Promises
- Be Responsive
- Safeguard Privacy
- Embody Integrity
That’s quite a list; it verifies that Rocket Dollar’s customers are in good hands. Although there are no actual reviews on BBB’s profile for the company, there are no complaints, either.
Rocket Dollar Review Judgment
The evidence points to Rocket Dollar being a legitimate operation. In fact, with BBB accreditation, it performs better than a lot of other investment firms out there.
Updated on 6/3/2025.
Chad Morris is a financial writer with more than 20 years experience
as both an English teacher and an avid trader. When he isn’t writing
expert content for Brokerage-Review.com, Chad can usually be found
managing his portfolio or building a new home computer.
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