In the fast-paced world of forex trading, finding a reliable prop trading firm can be challenging. Maven Trading, legally known as Mavsoftware LTD, has quickly become a standout player since its inception in 2022. With a strong foundation and a commitment to providing traders with the tools they need to succeed, Maven Trading has positioned itself as a leader in the industry. In this article, we'll dive deep into the details of Maven Trading, explore its challenges, and uncover what makes it the easiest forex prop firm to get funded.

Company Overview

Maven Trading, operating under the legal name Mavsoftware LTD, was established in 2022 with the goal of empowering traders around the world. Led by CEO Chris Hunter, Maven Trading has it's registered address at 167-169 Great Portland Street, 5th Floor, London, W1W 5PF, England. The company, registered under the number 15115632, has quickly gained a reputation for being a reliable and trader-friendly prop firm.

Challenges Offered by Maven Trading

Maven Trading offers two types of challenges: the 1-Step Challenge and the 2-Step Challenge. Both challenges are structured to test your trading abilities, but each has its own set of rules and objectives, allowing you to choose the one that best fits your trading style.

Importance of Challenge Options

The availability of multiple challenge types is crucial for traders with varying levels of experience and risk tolerance. Maven Trading’s challenges cater to both novice and experienced traders, offering flexibility in evaluation and trading styles.

Challenge Details

Maven Trading offers two distinct types of challenges: the 1-Step Challenge and the 2-Step Challenge. Each challenge is designed to cater to different trading styles and experience levels, providing flexibility and unique features to enhance the trading experience.

1-Step Challenge Details

Profit Target: 8%

Trailing Drawdown: 5% from your highest equity

Daily Drawdown: 3%

Maximum Trading Days: Infinite

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

Daily Drawdown: Balance / Equity – Highest at End of Day (EOD)

Minimum Profit Split: 80%

Minimum Trading Days: 0

Payout Frequency: Every 10 Business Days

Special Features:

Weekend Holding: Hold positions over the weekend without restrictions.

Swap Free: No swap fees on overnight positions.

Unique Buyback Feature: Regain access to a funded account after a drawdown by paying 60% of the drawdown limit.

Account Sizes: $2,000, $5,000, $10,000, $20,000, $50,000, $100,000.

2-Step Challenge Details

Profit Target (Phase 1): 8%

Profit Target (Phase 2): 5%

Drawdown: 8%

Daily Drawdown: 4%

Maximum Trading Days: Infinite

Overall Drawdown: Static Drawdown (8%)

Daily Drawdown: Equity Based

Minimum Profit Split: 80%

Minimum Trading Days: 0

Payout Frequency: Every 10 Business Days

Account Sizes

Maven Trading offers a variety of account sizes to suit different traders' needs. Whether you're starting small or going big, there’s an account size that fits your strategy.

$2,000

$5,000

$10,000

$20,000

$50,000

$100,000

Choosing the right account size is essential for managing risk and maximizing potential profits.

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Unique Features of Maven Trading

What sets Maven Trading apart from other prop firms are its unique features, which are designed to make trading easier and more profitable for traders.

No Swap Fees
Maven Trading does not charge swap fees, allowing traders to hold positions overnight without worrying about additional costs.

Lowest Spreads
Traders benefit from some of the lowest spreads in the industry, which helps in reducing trading costs and maximizing profits.

No Time Limits
Unlike many other prop firms, Maven Trading imposes no time limits on its challenges, giving traders the flexibility to meet their targets at their own pace.

Why Maven Trading is the Easiest Forex Prop Firm to Get Funded?

Maven Trading has earned the reputation of being the easiest forex prop firm to get funded due to its trader-friendly policies and the simplicity of its challenges. With Static Drawdown, no time limits, low spreads, and no swap fees, Maven Trading provides an environment where traders can thrive. Compared to other firms, Maven Trading’s flexible evaluation processes and generous profit splits make it a top choice for aspiring funded traders.

Special Features of Maven Trading

Buyback Feature
Maven Trading’s buyback feature allows traders to regain access to their funded account even after breaching the drawdown limits. By paying 60% of the drawdown, traders can quickly get back to trading without retaking the challenge.

Scaling Program
Traders who consistently perform well can scale their accounts up to $1,000,000. To qualify, traders must profit 10% over four months and process at least one payout per month.

Withdrawal Options
Maven Trading offers flexible withdrawal options, including digital currencies and direct bank transfers, making it easy for traders to access their profits.

Trading Style Rules
Maven Trading has clear rules to prevent gambling. For example, excessive scalping and martingale strategies are not allowed. Traders must adhere to the platform’s guidelines to maintain their funded accounts.

Leverage Options
Maven Trading offers leverage options of 1:100 for accounts larger than $100,000, enabling traders to increase their trading power without exceeding the drawdown limits.

Instruments and Trading Platforms

Maven Trading supports a wide range of trading instruments, including forex pairs, crypto, commodities, and indices. The platform also supports popular trading platforms like MatchTrader and cTrader, offering a familiar environment for experienced traders.

Community and Support

Maven Trading has a growing community of traders who share insights, strategies, and support. The firm also provides comprehensive support to traders, ensuring they have access to all the resources they need to succeed.

Conclusion

Maven Trading has established itself as a leading prop firm by offering flexible challenges, unique features, and unparalleled support. Whether you’re a novice or an experienced trader, Maven Trading provides the tools and environment needed to succeed in the competitive world of forex trading. With its reputation as the easiest forex prop firm to get funded, Maven Trading is a top choice for traders looking to unlock their full potential.