Match Trade

Maven

Maven Trading offers unique 1-Step and 2-Step Evaluation Challenges for traders to access simulated funded accounts. 

They provide low spreads, instant execution, and a wide range of virtual tradable pairs, including 400+ assets, FX majors & minors, and equities on simulated accounts. 

Special features include weekend holding, swap-free trading, and a unique buyback feature.

## About Maven Trading Prop Firm

### **Company Name:**

Maven Trading

### **Address Details:**

Not specified.

### **Founding Year:**

November 2022

### **Registration Location:**

Not specified.

### Leadership team:

**CEO:** Chris Hunter

**COO:** Sebastian Anthony

**CTO:** Jon Alexander

**CMO:** Emma Alton

## Trading Platforms

Maven Trading offers two main trading platforms to its users: Match Trader and cTrader. Both platforms are well-known for their user-friendly interfaces and advanced trading tools. Match Trader provides a robust environment for executing trades quickly, while cTrader offers an extensive range of charting tools and indicators. This ensures that traders have the necessary tools to succeed in the financial markets.

## Instruments Available at Maven Trading

Maven Trading offers a diverse range of trading instruments. Traders can access FX majors and minors, commodities, indices, and digital ETFs. This broad selection allows traders to diversify their portfolios and explore various markets, enhancing their trading opportunities.

## How to Make Payments at Maven Trading Prop Firm

Currently, the specific payment methods available at Maven Trading are not specified. However, traders can expect standard payment options commonly used in the industry, such as bank transfers, credit/debit cards, and possibly e-wallets. It is advisable to check directly with Maven Trading for the most accurate and updated payment methods.

## Account Sizes

Maven Trading offers several account sizes to cater to different traders' needs:

- $2,000: $15 entry fee (refundable)
- $5,000: $19 entry fee (refundable)
- $10,000: $38 entry fee (refundable)
- $20,000: $76 entry fee (refundable)
- $50,000: $190 entry fee (refundable)
- $100,000: $349 entry fee (refundable)

These varying account sizes allow traders to choose an account that best fits their trading capital and risk tolerance.

## Profit Splits in Maven Trading Prop Firm

Maven Trading offers a competitive profit split structure. **The minimum profit split is set at 80%**, which means traders keep a significant portion of their profits. This structure incentivizes traders to perform well and aligns their interests with the prop firm.

## Profit Targets for Maven Trading Prop Firm

### 1-Step Challenge:

- Profit target: 8%
- Trailing drawdown: 5% from highest equity
- Daily drawdown: 3%

### 2-Step Challenge:

- Profit target: 8% (Phase 1) / 5% (Phase 2)
- Drawdown: 8%
- Daily drawdown: 4%

These targets are designed to be challenging yet achievable, providing a clear pathway for traders to earn a funded account.

## Maximum Daily Drawdown and Loss at Maven Trading Prop Firm

### 1-Step Challenge:

- Trailing drawdown: 5%
- Daily drawdown: 3%

### 2-Step Challenge:

- Static drawdown: 8%
- Daily drawdown: 4%

The drawdown limits are set to ensure that traders manage their risks effectively, promoting disciplined trading practices.

## Minimum/Maximum Trading Days Required at Maven Trading Prop Firm

### 1-Step Challenge:

- Minimum trading days: 0
- Maximum trading days: Infinite

### 2-Step Challenge:

- Minimum trading days: 0
- Maximum trading days: Infinite

These flexible trading day requirements allow traders to progress at their own pace without the pressure of time constraints.

## Steps Available Across Challenges

### 1-Step Challenge:

- Profit target: 8%
- Trailing drawdown: 5%
- Daily drawdown: 3%

### 2-Step Challenge:

- Phase 1: Profit target: 8%
- Phase 2: Profit target: 5%
- Drawdown: 8%
- Daily drawdown: 4%

These structured steps provide a clear framework for traders to follow, ensuring they meet the necessary criteria to obtain a funded account.

## Pricing for Maven Trading Prop Firm Challenge

- $2,000: $15 entry fee (refundable)
- $5,000: $19 entry fee (refundable)
- $10,000: $38 entry fee (refundable)
- $20,000: $76 entry fee (refundable)
- $50,000: $190 entry fee (refundable)
- $100,000: $349 entry fee (refundable)

The costs to start challenges are reasonable and fully refundable, making it accessible for traders to participate in Maven Trading's programs.

## Commissions and Fees at Maven Trading Prop Firm

- Commission: $2 USD per way ($4 round trip)
- No commission for crypto, indices, and commodities
- Zero swap fees across all accounts

The fee structure is competitive and transparent, with no hidden costs, making it easier for traders to manage their trading expenses.

## Maven Trading Prop Firm: Refund Policies

All challenge fees at Maven Trading are fully refundable. This policy provides an added layer of security for traders, ensuring that they can recover their initial investment if they do not breach the account rules.

## Trial Offers at Maven Trading Prop Firm

Details regarding trial offers are not specified. It is recommended to contact Maven Trading directly for the most accurate information about any available trial offers.

## Payout Schedules of Maven Trading Prop Firm

- Pro account: every 5 business days
- Standard account: every 10 business days

These payout schedules are designed to ensure that traders can access their profits regularly and efficiently.

## Advantages and Disadvantages

(Based on Trustpilot community reviews)

**Advantages:**

- **Fast and Efficient Support:** Highly praised for responsive and quick support staff.
- **Quick Payout Processing:** Payouts processed within 5 hours of request.
- **Generous Profit-Sharing:** Minimum profit split of 80%.
- **Supportive Customer Service:** Free retries for breached accounts and commitment to trader success.
- **User-Friendly Platform:** Easy and fast verification process with competitive pricing.

## **Disadvantages:**

- **Platform Limitations:** Issues with Match Trader platform and trading conditions.
- **Spread Issues:** Overnight spreads can widen significantly.
- **Reduced Crypto Pairs:** Reduction in available crypto pairs without prior notice.
- **Service Compromises:** Perceived decline in service quality with reduced prices.
- **Swing Trading Conditions:** Poor swaps and spreads for swing traders.

## Maven Trading FAQ Section

**What is Maven Trading?**
Maven Trading offers a simulated funded trader program for traders of all experience levels, established in November 2022.

**Why should I become a Maven Funded Trader?**
Maven Trading provides access to higher funds and robust risk management rules.

**Is Maven Trading an established prop firm?**
Yes, Maven Trading has been operating since 2022 and has paid out $1M to traders.

**Do You Allow Scaling?**
Yes, traders can scale up to $1,000,000 with a 25% account increase per 10% profit over 4 months.

**What is our leverage?**

- Forex: 75:1
- Commodities: 20:1
- Digital ETFs: 2:1
- Indices: 20:1

**What Instruments Can I Trade?**
Traders can trade FX, commodities, indices, and digital ETFs.

**Spreads, Commission & Swap**
Maven Trading offers close to raw spreads, $2 USD commission per way ($4 USD round trip), and zero swap fees.

**Withdrawal Frequency**

- Pro account: every 5 business days
- Standard account: every 10 business days

**What is our Buyback feature?**
The Buyback feature allows re-entry to funded accounts by paying 60% of the drawdown limit.

**Merging Accounts**
Funded accounts can be merged via email request to support@maventrading.com.

### Trustpilot Reviews

**Positive Reviews:**

- **Fast and Efficient Support:** Maven Trading is highly praised for its support staff, who are described as humble, responsive, and quick to address issues. Specific mentions include support team members like Mikasa and James.
- **Quick Payout Processing:** The payout process is very fast, with reports of withdrawals being processed within 5 hours of the request, ensuring traders can access their funds promptly.
- **Generous Profit-Sharing and Competitive Prices:** Maven offers a generous profit-sharing model and competitive prices. The rules for passing evaluations are clear and manageable, making it easier for traders to succeed.
- **Supportive Customer Service:** The company is dedicated to trader success, offering fast and supportive customer service. They provide free retries for breached accounts, demonstrating their commitment to helping traders succeed.
- **Good Overall Experience:** Traders appreciate the easy and fast verification process, competitive pricing, and quick email responses from the support team. The platform is user-friendly once traders get accustomed to Match Trader.

**Negative Reviews:**

- **Platform Limitations:** Some users are dissatisfied with the Match Trader platform, suggesting it could be better and noting issues with trading conditions such as spreads and swaps.
- **Spread Issues:** There are complaints about overnight spreads being significantly widened, which can stop out trades unfairly. This inconsistency in spreads has caused frustration among traders.
- **Reduced Crypto Pairs:** Maven has reduced the number of available crypto pairs without prior notice, which has negatively impacted crypto traders who relied on a broader range of options.
- **Service Compromises:** While the firm has reduced prices, some users feel that this has come at the cost of compromised service quality.
- **Swing Trading Conditions:** Swing traders have reported inadequate trading conditions, such as poor swaps and spreads, leading to losses in their prop firm accounts compared to their personal accounts with reliable brokers. There is also a call for increasing the drawdown limit to improve trading flexibility.

This review aims to provide a comprehensive overview of Maven Trading, ensuring that potential traders have all the necessary information to make an informed decision. 

For further details, it is recommended to visit Maven Trading's official website or contact their support team directly.

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Maven - 20K - 1 Step - 80%