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Overview of Maverick Trading Forex Prop Firm

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TheTrustedProp

Date: April 30, 2024

In the world of financial markets, Maverick Trading stands as a beacon of opportunity for aspiring traders. This article delves into the company's details, the challenges it presents, and the unique career opportunities it offers. Let's embark on a journey to understand the inner workings of Maverick Trading.

Company Details

Name: Maverick Trading

Legal Name: Maverick Trading, Inc.

CEO: Robb Reinhold

Established: 1997

Registered in: Salt Lake City, Utah, USA

Maverick Trading is not your typical trading firm. It offers a distinctive approach to trading by providing qualified traders with the chance to trade remotely, backed by the firm's capital. The process to become a Maverick trader is a journey in itself, as candidates must go through a rigorous training program and pass an evaluation challenge.

The Challenge Details

The evaluation challenge is the gateway to becoming a Maverick trader. Here's a glimpse of what it entails:

  1. Trading on a Simulated Account: Candidates are required to trade on a simulated account using the firm's capital for a minimum of 15 trading days.
  2. Objective-Based Challenge: The challenge comes with specific objectives, including maintaining a profit factor of at least 1.2, a maximum drawdown of 6%, and a minimum number of trades per week.

Evaluation Costs

The cost of the evaluation challenge varies depending on the division and account size. For instance:

  • Options Division: $5,000 for a $100,000 account.
  • Forex Division: $3,000 for a $50,000 account.

These fees cover not only the evaluation but also the invaluable training, coaching, and risk management services provided by Maverick Trading.

The Maverick Trading Experience

Once traders successfully pass the evaluation challenge, they earn the opportunity to trade live with the firm's capital. However, there is a nominal monthly desk fee of $199, which covers essential tools such as the trading platform, data feeds, and software. Traders get to keep an impressive 70% of their net profits, with the firm retaining 30%.

What Sets Maverick Trading Apart?

Maverick Trading takes pride in its unique approach to trading. Here's what makes it stand out:

Confidence in Traders

The firm is highly confident in its proprietary traders and qualification program, backing them with substantial trading capital to maximize profits.

Support and Resources

Maverick Trading is dedicated to supporting its traders by providing risk management oversight, cutting-edge technology, and access to a network of professional traders.

Inclusivity

The company welcomes individuals from diverse backgrounds, irrespective of race, gender, or ethnicity, fostering an inclusive and abundant trading community.

Respect and Transparency

Maverick Trading values its traders and demonstrates this by offering high levels of respect and transparency. Traders are well-informed about expectations and the inherent risks in trading.

Maverick Trading's Book

The firm's book, "Maverick Trading: Professional Techniques to Create Generational Wealth," has been instrumental in introducing many traders to its trading methodology and risk management philosophy. It offers a valuable resource for those considering a career in professional trading.

Unlimited Earnings Potential

Maverick Trading empowers its traders by providing access to substantial trading capital, enabling greater flexibility and profit potential. This unique capital-sharing approach minimizes risk.

Fair Profit Sharing

Unlike some prop trading firms that prioritize high-frequency trading, Maverick Trading focuses on equitably sharing trader profits rather than spreads and commissions. Traders can retain 70-80% of their profits, a refreshing change from traditional trading setups.

Aligned Goals

The firm's profit disbursements are made monthly, and traders have the advantage of treating their trading as a business for tax purposes. This aligns the goals of Maverick Trading with those of its traders.

Maverick Capital Sharing Program

The firm offers increased access to capital based on traders' performance, the profits retained in their accounts, and the size of their risk deposit. This translates into more significant profit potential for traders.

Getting Paid at Maverick Trading

Maverick Trading pays its traders on a monthly basis through ACH transfers directly to their bank accounts. This video [link] provides an overview of the payment process and how profit splits increase with experience.

 

Maverick Trading: Your Path to Trading Success

In summary, Maverick Trading is not just another trading firm; it's a unique opportunity for traders to thrive. With its commitment to diversity, respect, and transparency, Maverick Trading provides an environment where traders can flourish regardless of their background.

The firm's emphasis on equitably sharing profits and its innovative capital-sharing program give traders the financial flexibility they need to succeed. Whether you're an experienced trader or just starting out, Maverick Trading offers a chance to maximize your earnings and take control of your trading career.

So, if you're ready to take the plunge into the world of professional trading, consider Maverick Trading. It's a path to unlimited earnings potential, backed by a company that believes in your success.

 

In conclusion, Maverick Trading offers a unique and potentially lucrative path to success in the world of trading. It's not just a trading firm; it's a community of traders backed by resources, support, and an innovative profit-sharing model. If you're considering a career in trading, Maverick Trading may be the platform you've been looking for. So, take the first step towards a promising trading career and explore the opportunities Maverick Trading has to offer.

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