About Maven Trading

Maven Trading is a well-established proprietary trading firm that provides aspiring traders with the opportunity to scale their trading through funded accounts. By participating in Maven's challenges, traders can grow their capital to manage up to $1 million with attractive profit splits. Whether you're a seasoned trader or just starting out, Maven offers programs designed to help you scale up while maintaining full control over your trades, allowing you to unlock your full trading potential. Let’s explore why Maven Trading stands out as a top choice for prop traders.

Company Information

Company Legal Name: Mavsoftware LTD
Company Registration Number: 15115632
Country of Registration: United Kingdom (GB)
CEO: Chris Hunter
Support Email: [email protected]
Website: maventrading.com
Coupon: TRUSTED
Discount: 8%

With its headquarters in the UK, Maven Trading has established itself as a trusted name in prop trading. Their mission is to provide traders with all the tools and resources they need to grow and profit in the dynamic world of financial markets. Whether it's Forex, Crypto, or Indices, Maven Trading has got you covered.

 Podcast Mention

Check out their podcast interviews to learn more about the company's vision, growth, and how Maven Trading is making waves in the proprietary trading space. Stay tuned for upcoming episodes on their YouTube channel.

 Background

Maven Trading launched with the goal of helping traders overcome the hurdle of undercapitalization. Often, small trading accounts limit the potential for significant profits, but Maven bridges this gap by offering funded accounts that allow traders to manage larger sums. With their proprietary challenges, you can grow from $2,000 to $1 million in trading capital.

 Challenge Details

Maven Trading offers two types of challenges: the One Phase Challenge and the Two Phase Challenge. Both are designed to test your skills and discipline, but they have different structures and requirements.

Types of Challenges

One Phase Challenge

The One Phase Challenge is a simple, straightforward evaluation. Traders must achieve an 8% profit target while managing a balance-based drawdown of 5%. This challenge is ideal for those who are confident in their strategy and want to move quickly into a funded account.

Things to include:

• Account Sizes Available: Ranges from $2,000 to $100,000
• Pricing: Starts at $15 for a $2,000 account up to $299 for a $100,000 account
• Profit Target: 8%
• Total Loss: 5% (balance-based drawdown)
• Daily Loss: 3%
• Profit Share: 80%
• Leverage: Up to 75:1 for Forex
• Payout Frequency: Every 10 business days
• Copy Trading: Not Allowed
• Minimum Trading Days: No minimum required
• Coupon: TRUSTED
• Discount: 8% (One time use per account)

 Two Phase Challenge

For traders looking for a more gradual evaluation, the Two Phase Challenge requires passing two stages. In Phase 1, traders must hit an 8% profit target, and in Phase 2, the target reduces to 5%. This phased approach is perfect for traders who prefer a more measured progression.

Things to include:

• Account Sizes Available: Ranges from $2,000 to $100,000
• Pricing: Starts at $15 for a $2,000 account up to $299 for a $100,000 account
• Profit Target: 8% (Phase 1), 5% (Phase 2)
• Total Loss: 8% (equity-based drawdown)
• Daily Loss: 4%
• Profit Share: 80%
• Leverage: Up to 75:1 for Forex
• Payout Frequency: Every 10 business days
• Copy Trading: Allowed
• Minimum Trading Days: No minimum required
• Coupon: TRUSTED
• Discount: 8% (One time use per account)

 Scaling Plan

Once you become a funded trader, Maven Trading offers an attractive scaling program. If you consistently achieve a 10% profit over four months (2.5% per month) and process at least one payout per month, your account balance will be increased by 25%. This scaling can continue until you manage up to $1,000,000.

 Spreads

Maven offers close-to-raw spreads with low commissions. For most instruments, spreads are as tight as they can get, ensuring that your trading costs are minimal. All major Forex pairs, commodities, and indices are available for trading, making it ideal for traders who want variety.

 News Trading Rules

Yes, news trading is allowed! However, Maven has specific rules around it: traders cannot open or close trades two minutes before or after a major red folder news event. This ensures that your trading strategies are based on market dynamics rather than volatility spikes.

 Other Things to Keep in Mind

How is daily drawdown calculated?

Maven employs both balance-based and equity-based drawdown rules, depending on the challenge you choose. In equity-based drawdown, the drawdown resets based on the highest equity or balance at the end of the day (00:00 UTC).

Countries Banned from Purchasing

Maven currently does not allow purchases from regions where local regulations prohibit proprietary trading or financial services.

Gambling Rules

Maven defines gambling as excessive scalping (holding 50% of trades for under a minute), Martingale strategies, and trading without proper risk management. Such actions will result in disqualification.

Strategies That Are Not Allowed

Copy trading from another person, high-frequency trading (HFT), toxic order flows, reverse arbitrage, and hedging are not permitted. Traders caught using these methods will be flagged and required to rerun the challenge.

Payout Methods

Maven supports payouts through Crypto and Wire Transfer/Bank Transfer. Withdrawals can be processed every 10 business days, with no restrictions on minimum trading days.

Trading Commissions

Forex pairs incur a small commission of $4 per round trip. Indices, crypto, and commodities, however, enjoy zero commissions, making them attractive options for high-volume traders.

IP Rules

To ensure the integrity of the evaluation process, Maven requires traders to maintain the same IP address during Phase 1, Phase 2, and the funded stage. Any discrepancies may lead to account suspension.