Overview
Maven Trading is a relatively new proprietary trading firm, established in 2024 in the United Arab Emirates, offering Forex trading opportunities to its clients. What sets Maven Trading apart is its variety of challenge types, including 1, 2, and 3-step evaluations, as well as its large community of over 220,000 traders. The firm provides access to a wide range of assets, including Forex, Indices, Metals, Crypto, and Energy.
Challenge Structure & Pricing
Maven Trading's challenge structure is designed to evaluate traders' skills through a 2-step process, with the starting price set at $37. The firm also offers a 1-step challenge, but with a tighter 5% trailing drawdown. The pricing is relatively competitive compared to other proprietary trading firms in the market. The smallest account starts at $2,000, which may be a barrier for some traders.
Profit Split & Payouts
The profit split offered by Maven Trading is up to 80%, which is a relatively standard rate in the industry. The firm pays out profits every 10 business days, providing traders with regular income. While the profit split may not be the highest, the payout frequency is a notable advantage.
Trading Conditions
Maven Trading supports two platforms: Match Trader and MT5, providing traders with a choice of interface. The firm offers a wide range of assets, with over 400 trading pairs available. The maximum allocation is $1 million, and the maximum drawdown is 5%. The trading conditions are relatively standard, with no notable rules or restrictions.
Trust & Reputation
Maven Trading has a strong reputation, with a Trustpilot score of 4.4/5 based on 5,074 reviews. This indicates a high level of customer satisfaction and trust in the firm. The large community of traders and the firm's payout track record also contribute to its reputation.
Who Is It Best For?
Maven Trading is best suited for experienced traders who are looking for a competitive profit split and regular payouts. The firm's variety of challenge types and large community make it an attractive option for traders who value a supportive environment. However, the $2,000 minimum account size may be a barrier for newer or smaller traders.
The Bottom Line
Maven Trading is a reputable proprietary trading firm that offers a range of benefits, including a competitive profit split, regular payouts, and a large community of traders. While the firm has some drawbacks, such as the tight drawdown on the 1-step challenge and the 80% profit split, it is a solid option for experienced traders looking for a reliable partner. Overall, Maven Trading is a worthwhile consideration for traders who value a supportive environment and competitive trading conditions.
This review was generated by AI based on publicly available data and may not reflect the most recent changes.
