Details About Maven Trading
- Legal Name: The legal name of Maven Trading is Maven Trading Group.
- Company Number: The registration number of Maven Trading is BC1363148.
- Country of Registration: Maven Trading is registered in GB.
- CEO: The CEO of Maven Trading is Jon Alexander.
- Support Mail: You can contact Maven Trading at [email protected].
- Phone: The phone number for Maven Trading is not publicly available.
- Payment Modes: Maven Trading supports payments via Crypto, Credit/Debit Card.
- Withdrawal Modes: Maven Trading facilitates withdrawals through Wire Transfer/ Bank Transfer, Crypto, Rise.
- Official Website: Visit the official website of Maven Trading at https://maventrading.com.
- Banned Countries: Maven Trading does not allow traders from Afghanistan, Belarus, Bosnia and Herzegovina, Burundi, Central African Republic, China, Congo, Cuba, Eritrea, Guinea, Haiti, Hong Kong, Iran, North Korea, Lebanon, Libya, Mali, Moldova, Myanmar, Nicaragua, Palestine, Papua New Guinea, Russia, SH, LC, PM, Samoa, Sierra Leone, Somalia, Sudan, Syria, Taiwan, Tunisia, Ukraine, Vanuatu, Venezuela, VG, Yemen, South Sudan.
Challenge Details at Maven Trading
- Types of Challenge:The challenges offered at Maven Trading include One Phase Challenge, Two Phase Challenge.
- Trading Platforms:Maven Trading supports trading on MatchTrader, cTrader.
- Trading Instruments:Traders at Maven Trading can trade Forex, Crypto, Indices, Commodities.
- Broker:The broker associated with Maven Trading is MatchTraderPurple Trading.
- Max Allocation:The maximum allocation provided by Maven Trading is 200,000.
- Scaling:The scaling potential at Maven Trading reaches up to 1,000,000.
- Trading Competitions:Maven Trading does not organize trading competitions for traders.
- Free Trials:Maven Trading does not offer free trials to its users.
Maven Trading is a well known and one of the most trusted and affordable proprietary trading firm that provides traders the chance to scale their trading skills through funded accounts. Maven Trading offers three different kind of challenge programs to help traders reach their trading goals and manage up to $1 million in capital. Maven Trading is also one of the most affordable prop firm which challenge accounts which costs as low as $15 while also offering 80% profit split, excellent raw spreads and an accessible scaling plan.
Company Information
- Company Name: Maven Trading
- Company Legal Name: Maven Trading Group
- Company Registration No.: BC1363148
- Operating Since: United Kingdom
- CEO Name: Jon Alexander
Challenge Details
Maven Trading offers three types of challenges, 1-Step, 2-Step and 3-Step Challenges. Here are the details :-
One Phase Challenge
Pricing:
- $2,000 Account: $19
- $5,000 Account: $22
- $10,000 Account: $44
- $20,000 Account: $88
- $50,000 Account: $220
- $100,000 Account: $440
Rules:
- Profit Target (Phase 1): 8%
- Total Loss: 5% (Trailing-based drawdown)
- Daily Loss: 3%
- Profit Share: 80%
- Leverage: Forex - 75:1, Commodities - 20:1, Digital ETF’s - 2:1, Indices - 20:1
- Max Lot Size: Not specified
- Payout Frequency: 10 days
- Allows Copy Trading: No
- Min Trading Days: 0 Days
Two Phase Challenge
Pricing:
- $2,000 Account: $19
- $5,000 Account: $22
- $10,000 Account: $44
- $20,000 Account: $88
- $50,000 Account: $220
- $100,000 Account: $440
Rules:
- Profit Target (Phase 1): 8%
- Profit Target (Phase 2): 5%
- Total Loss: 8% (Static-based drawdown)
- Daily Loss: 4%
- Profit Share: 80%
- Leverage: Forex - 75:1, Commodities - 20:1, Digital ETF’s - 2:1, Indices - 20:1
- Max Lot Size: Not specified
- Payout Frequency: 10 days
- Allows Copy Trading: Yes
- Min Trading Days: 0 Days
Three Phase Challenge
Pricing:
- $2,000 Account: $15
- $5,000 Account: $19
- $10,000 Account: $38
- $20,000 Account: $76
- $50,000 Account: $190
- $100,000 Account: $379
Rules:
- Profit Target (Phase 1): 3%
- Profit Target (Phase 2): 3%
- Profit Target (Phase 3): 3%
- Total Loss: 3% (Static-based drawdown)
- Daily Loss: 2%
- Profit Share: 80%
- Leverage: Forex - 75:1, Commodities - 20:1, Digital ETF’s - 2:1, Indices - 20:1
- Max Lot Size: Not specified
- Payout Frequency: 10 days
- Allows Copy Trading: Yes
- Min Trading Days: 0 Days
Scaling Plan
Once a trader passes any challenge and become a funded trader, Maven Trading offers an attractive scaling plan. If the trader consistently achieve a 10% profit over four months (with at least one payout per month), their account balance will increase by 25%. This scaling plan can continue until the trader reaches up to $1 million in managed funds, providing a clear pathway for growth and success.
Spreads and News Trading Rules
Spreads:
Maven Trading provides traders raw competitive spreads.
News Trading Rules:
Maven trading does not allow traders to open or close trades two minutes before or after a major red folder news event/High Impact News Event. This is to ensure that traders are not solely relying on high volatility events for quick gains.
Other Important Rules
Daily Drawdown Calculation:
At Maven Trading, Daily Drawdown is calculated based on Balance or equity whichever is higher at the end of the day at 00:00 UTC. Meaning the drawdown limit will keep recalculating each day based on the account performance. The drawdown limit will increase or decrease based on the profit or loss.
Countries Banned from Purchasing:
Currently Maven does not offer their services to these countries listed below :
- Afghanistan
- Belarus
- Bosnia And Herzegovina
- Burundi
- Central African Republic
- China
- Congo (Brazzaville)
- Congo (Kinshasa)
- Cuba
- Eritrea
- Guinea
- Haiti
- Hong Kong
- Iran
- Lebanon
- Libya
- Mali
- Moldova
- Myanmar
- Nicaragua
- North Korea
- Palestinian Territory
- Papua New Guinea
- Russia
- Saint Helena
- Saint Lucia
- Saint Pierre and Miquelon
- Samoa
- Sierra Leone
- Somalia
- South Sudan
- Sudan
- Syria
- Tunisia
- Ukraine
- Vanuatu
- Venezuela
- Virgin Islands (British)
- Yemen
Gambling Rules:
Maven Trading has few strict Gambling Rules. Here's how Maven Trading defines gambling and the specific scenarios that are prohibited:
Gambling is defined as:
- Excessive Scalping:
Holding 50% or more of your trades for less than a minute. - Martingale Strategy:
Opening five positions simultaneously in a drawdown on the same pair. - All-In Trading:
Betting in one direction and holding the trade until you either pass or fail the challenge. This includes making a trade without proper risk management (e.g., no stop-loss or risking more than the drawdown limit), which results in either passing or failing the challenge with a single trade.
Prohibited Trading Strategies:
Maven Trading strictly forbids strategies such as :-
- High-Frequency Trading
- Toxic Trading Order Flow
- Long/Short arbitrage
- Reverse arbitrage
- Tick scalping
- Server execution
- Copying trade from another individual
- Reverse/Group Hedging
- Hedging
Payout Methods
Maven Trading offers 2 payout methods for withdrawing profits.
- Cryptocurrency
- Direct Bank Transfer
Trading Commissions
Trading Commissions offered by Maven Trading is as follows :-
- For Forex : $4 per lot round trip
- For Crypto, Indices and Commodities : $0 per lot round trip
IP Rule
Traders must use the same IP address throughout Phase 1, Phase 2, and the funded stage. If there is any change in the IP address or geographical location, traders will be contacted and asked for proof and reasoning of the change. Not providing the proof can lead to account termination.
Also Read:- How to get upto 15% Off on your next Maven Trading Challenge Purchase
Maven Trading Challenge Account Pricing
One Step Challenge
Pricing
Size: $2000 ($19)
Size: $5000 ($22)
Size: $10000 ($44)
Size: $20000 ($88)
Size: $50000 ($220)
Size: $100000 ($440)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Not Allowed
Drawdown
5%
EA Allowed
EA Allowed
News Trading
News Trading is Not Allowed
Profit Target
8%
Daily Loss
3%
Two Step Challenge
Pricing
Size: $2000 ($19)
Size: $5000 ($22)
Size: $10000 ($44)
Size: $20000 ($88)
Size: $50000 ($220)
Size: $100000 ($440)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
8%
EA Allowed
EA Not Allowed
News Trading
News Trading is Not Allowed
Profit Target
8%-5%
Daily Loss
4%
Three Step Challenge
Pricing
Size: $2000 ($15)
Size: $5000 ($19)
Size: $10000 ($38)
Size: $20000 ($75)
Size: $50000 ($170)
Size: $100000 ($333)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
3%%
EA Allowed
EA Allowed
News Trading
News Trading is Not Allowed
Profit Target
3%-3%-3%
Daily Loss
2%
Frequently Asked Questions
Reviews
Legit firm, Best customer care in market. A Firm to get funded on, not cheapest, most affordable prices in industry
Giorgi Baramashvili
I bought my first challenge with maven prop firm. I was very exited to trade with them but their slippage, spread and execution is worst .
Mayank Tyagi
I have the worth bad experience with this firm if i open trade their match trader will freeze it wont work untill Im out how is that possible trader cant monitor his trade I complaint all i get is 1 percent added back to my account. They ask mean to provided screenrecord as evidence i do as they say but nothing change. Now have stopped trading the account since last week.
Samaila Umar
Maven has an active Twitter community is a big plus, offering regular updates, tips, and a sense of camaraderie. The only downside is the higher slippage, which can affect trade execution.
manymore trdrs
The customer service is really good. I have not seen payout denials. The dashboard is good. But, the spreads are high in matchtrader. For example, 0.5 pips for Eurusd is very high. So, I did not like them in case of spreads.
trader 112
Maven is the best prop out there. I had 3 payouts, each one paid within 2 hours of request. Spreads are good no slippage. Customer service is the best out there. How they provide such a amazing prices is incredible.
Fabio R
This is the best prop out there. If I could rate 6 stars I would. Fast customer service. Happy trader here.
Jeff Brillzo
They have a very fast and good customer service and always try to provide solution pertaining to your account. They rectified my own mistake in minutes and for this I give them a solid 5
Krishnaa Subramanian
The match trader app sucks, very slow and does not have advanced features. Their equity drawdown and NO news trading rule is a disadvantage to swing traders.
Rebekah Archer
Great Propfirm, Their match trader platform have delivered a tailored solutions that significantly improved my trading efficiency. The implementation of the tradingview on their match trader platform has made the reading the chart and executing trades more smooth, and their ongoing support has been exceptional.
Archie Archibong
i like this prop firm because of it is very good customer support with active help to us and i like it because of they have a discount price for each of challenges.
Nathaniel Elias Misganie
Maven Prop Firm offers challenges at affordable prices, making it accessible for many traders. However, the spreads are relatively high, typically around 1-2 pips, which can impact profitability. Additionally, the dashboard could use some improvement in terms of design and user experience. With a few refinements, Maven has the potential to become a top choice for traders.
masul hasan
Excellent prop firm, only downside is the equity-based drawdown which resets One AM GMT plus One. This is stressful to recalibrate daily drawdown limit. I Would not mind paying more Bucks for Balanced Based Drawdown Limit. Everything else is excellent.
Michel Obi
I bought a 2 step $20k challenge from maven trading last month. I did not pass the challenge but their trading conditions were good but they can improve it more . Otherwise it was a nice experience with them
Mayank Tyagi
Maven , affordable , amazing support , quick payout , great market condition , they are just simply the best in the industry at the moment and i recommend them to any trader looking to trade with prop firms...
Emmanuel Ososanya
Amazing prop firm , good trading conditions , fast payouts and a great customer support, will definitely recommend Maven anytime anyday
Emmanuel Ososanya
My experience with Maven prop firm have and has been incredibly well.starting from the step 1 and 2 .there payout speed is amazing.
Ayana Silesh
I invested in a 10K challenge in Maven to get to know the company. So far, only praise, fast and accurate service. I already got my account funded and made my first withdrawal. I know companies like the5vrs, fundednext and Toptier, and the entire MAVEN process has been at the same level of excellence as them. I would like to highlight that the KYC and bill receipt process was extremely agile and simplified. Im already going to acquire my 100K challenge
jose sinclair
Maven is really an awesome firm am funded and currently funded with multiple payout. A good firm they are what they say they are.. and super affordable.. get urself an account
Samuel Son
Quiero destacar lo bien que se maneja Maven: con el soporte, con su plataforma, con la rapidez con la que realiza los pagos. El manejo que tienen es muy simple y alentador para los comerciantes. Realmente estoy muy contento y agradecida por haber transitado este camino con ellos. Ya tuve varios retiros, y todo excelente. Gracias maven
Cielo Martinez
Quiero destacar lo bien que se maneja maven: con el soporte, con su plataforma, con la rapidez con la que realiza los pagos. El manejo que tienen es muy simple y alentador para sus comerciantes. Realmente estoy muy contenta y agradecida por haber transitado este camino con ellos. Ya tuve varios retiros, y todo excelente. Gracias maven!
Cielo Martinez
Quiero destacar lo bien que se maneja Maven: con el soporte, con su plataforma, con la rapidez con la que realiza los pagos. El manejo que tienen es muy simple y alentador para los comerciantes. Realmente estoy muy contenta y agradecida por haber transitado este camino con ellos. Ya tuve varios retiros y todo excelente. Gracias Maven!
Cielo Martinez
[UPDATED] One of the best firm with affordable pricing. Payout processing time is just awesome. I have received more than 9 payouts from them till date and every payout was processed within 12 hours and sometimes even within an hour. Definitely one of the best firm right now.
Mohd Shehzad Ali
The Best Prop Firm in the Industry is the Forex Prop Firm that is Really Supportive and solving all the Technical Account Related, Challenge related and financial problem on the Spot. Last Two Years I worked with multiple Prop Firm but Forex Prop Firm Management and Customer Care Support is the Best.
Somesh patil
The Best Prop Firm in the Industry is the Maven Prop Firm that is Really Supportive and solving all the Technical Account Related, Challenge related and financial problem on the Spot. Last one Years I worked with multiple Prop Firm but Maven Prop Firm Management and Customer Care Support is the Best.
Somesh patil
The Best Prop Firm in the Industry is the Maven Prop Firm that is Really Supportive and solving all the Technical Account Related, Challenge related and financial problem on the Spot. Last Two Years I worked with multiple Prop Firm but Maven Prop Firm Management and Customer Care Support is the Best.
Somesh patil
Payouts with Maven are quick and seamless. The process is straightforward, and I appreciate the fast turnaround time.
Ankita Paul
Payouts with Maven are quick and seamless. The process is straightforward, and I appreciate the fast turnaround time.
Ankita Paul
Payouts with Maven are quick and seamless. The process is straightforward, and I appreciate the fast turnaround time
Ankita Paul
Payouts with Maven are quick and seamless. The process is straightforward, and I appreciate the fast turnaround time
Ankita Paul
One of the best prop firm in the industry currently funded with 10k and doing 20k in challenge also secured 5 payouts without any issue. Trading conditions are also good highly recommend this prop for everyone also planning to scale capital with maven
Mohammed mahin Khan
Maven is number one, the support team responds quickly, withdrawals are done quickly, I am very happy with my dealings with Maven .
Berrouachedi Kadda
Maven Trading has been absolutely wonderful to me, I have not had any challenges with them since I started trading with them and the support team is one of the best they respond swiftly and attend to any concerns their traders have, I recently got a payout and it was in less than 24hr. Overall I am happy with how the group of people behind the firm are running things, keep it up guys.
Thabo Mdolombo
So far the company has behaved in a wonderful way, I am totally grateful for their service and would recommend them 100%
Carlos Andrés Gómez Murillo
So far the company has behaved in a wonderful way, I am totally grateful for their service and would recommend them 100%
Carlos Andrés Gómez Murillo
Great customer support and affordable pricing. Well payouts are pretty fast received funds within 3hours from request
Ajit Philip
The whole experience with maven has been a blast. One of the most important thing for me as a trader is getting paid and I received many pay out with them well within the time frame. Best prop firm I ever work with..
Nikko Widjaja
Maven is the best prop firm that I ever work with so far. As a trader, fast payout is one of the important thing and Maven is super fast in processing payout.
Nikko Widjaja
The best prop firm, because I managed to payout the first time in Maven after trying several prop firms, thanks Maven
Rizal Ramdhani
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