MavenTrading

Introduction

Maven Trading is a cutting-edge proprietary trading firm dedicated to empowering traders worldwide. By offering hands-on experience in the trading world, Maven Trading allows traders to hone their skills and build confidence without risking their own capital. With a focus on innovation and a commitment to providing a supportive trading environment, Maven Trading stands out as a top choice for both novice and experienced traders.

Maven Trading’s unique 1-Step and 2-Step Evaluation Challenges provide a structured path to becoming a funded trader. These challenges are designed to evaluate traders’ skills and ensure they are ready to handle real market conditions. Once traders complete the challenges, they gain access to a simulated funded trading account, where they can keep a significant portion of their profits.

With competitive pricing, low spreads, and a wide range of tradable assets, Maven Trading offers a comprehensive platform for traders to grow and succeed. The firm’s commitment to transparency and trader support makes it an attractive option for those looking to advance their trading careers.

Programs

Maven Trading offers two main evaluation programs: the 1-Step Program and the 2-Step Program. Each program is designed to evaluate traders’ skills and provide them with the opportunity to become funded traders. Here are the key features of each program:

1-Step Program

Profit Target: 8% 

Drawdown: 5% from your highest equity

Daily Drawdown: 3%

Maximum Trading Days: Infinite

Overall Drawdown: Max Drawdown (Trailing) (5%)

Profit Split: Minimum 80%

Payout Frequency: Every 10 business days

Special Features: Swap-free accounts, weekend holding of positions, access to over 400 tradable instruments including forex, shares, cryptocurrencies, commodities, and indices.

2-Step Program

Profit Target: 8% ($800) for each step (total 16%)

Drawdown: 8% 

Daily Drawdown: 4% 

Maximum Trading Days: Infinite

Overall Drawdown: Static drawdown (8%)

Profit Split: Minimum 80%

Payout Frequency: Every 10 business days

Special Features: Swap-free accounts, weekend holding of positions, access to over 400 tradable instruments including forex, shares, cryptocurrencies, commodities, and indices.

Additional Features

News Trading: Traders are allowed to trade during major news events.

Expert Advisor (EA) Usage: Traders can use EAs to assist with their trading strategies.

24/7 Customer Support: Maven Trading provides round-the-clock support through live chat and a Discord community.

Scaling Plan: Successful traders can grow their accounts up to $1,000,000 in capital.

Buyback Option: Traders who have lost their funded accounts can regain access by paying 60% of their drawdown.

Rules

General Rules

Maven Trading operates a simulated trading environment that replicates certain regulated financial markets. To ensure fairness and security, traders must adhere to specific rules. These include maintaining consistent IP addresses throughout all trading phases, ensuring personal details match government-issued IDs, and complying with day trading limits. Traders can scale their accounts up to $1,000,000 in capital by meeting profit and payout requirements.

News Trading Rules

News trading involves trading based on scheduled announcements, headlines, and breaking news. Maven Trading allows news trading but prohibits using high-impact news to pass challenges. Profits made two minutes before and after high-impact news events are not counted, and repeated violations can lead to account termination. Traders use strategies like fading, familiarization, and alerts to trade news profitably.

IP Rules

Maven Trading requires traders to use the same IP address during all phases of trading, including the challenge and live account phases. This rule ensures that traders are not getting outside help and helps prevent fraud. Legitimate reasons for an IP change, such as travel, are permitted but must be explained and proven if requested.

Prohibited Trading Practices

Certain trading practices are strictly prohibited at Maven Trading to maintain a fair and secure trading environment. These include:

High-Frequency Trading (HFT): Making trades in very short time frames is not allowed.

Reverse/Group Hedging: Placing trades in opposite directions in different accounts to guarantee a win is forbidden.

Hedging: Exclusively hedging through a challenge or live account is not permitted.

Gambling: Opening multiple positions in a losing trade and risking more than 50 lots on a 100k account size is considered gambling and leads to account termination.

Copy Trading: Using another trader’s system or copying trades is prohibited.

Conclusion

Maven Trading stands out as a forward-thinking proprietary trading firm, dedicated to supporting traders at all levels. With its innovative 1-Step and 2-Step Evaluation Programs, Maven Trading provides a clear path to funding and growth, allowing traders to prove their skills in a structured environment.

The firm’s flexibility, highlighted by features like swap-free accounts, weekend holding, and allowance for news trading, makes it an attractive option for diverse trading styles. The additional support of tools like Expert Advisors and 24/7 customer service ensures that traders have the resources they need to succeed.

Maven Trading’s commitment to transparency and fairness, combined with its comprehensive set of rules and robust risk management through features like the Kill Switch, creates a secure and supportive environment for traders. The firm’s emphasis on consistent profitability and adherence to trading rules further ensures a fair trading landscape.

Whether you are a novice trader looking to build your skills or an experienced trader seeking new opportunities, Maven Trading offers a compelling platform to achieve your trading goals. With competitive pricing, a wide range of tradable assets, and a clear path to scaling up, Maven Trading is well-positioned to help traders thrive in the financial markets.