FAQs

Make sure you have read our trading rules. You can checkout on this webpage and input any discount coupon you may have. Once you have passed the assessment we set you up with a funded account. Simple.

Simply send your KYC documents to [email protected] We just require a government approved ID such as passport or driving license. We also require proof of address so a utility bill is sufficient. Once these have been verified you shall receive your funded account!

If you breach the daily drawdown or maximum drawdown your account will be terminated. We offer a great 10% discount if you purchase with us again!

We have a variety of withdrawal options available, our most popular are crypto, deel and wise. You simply request a withdrawal and depending on the promotion at the time you will receive itleast 80% of your profits and we keep the remaining amount. The account is then reset and you can continue trading straightaway!

We have two different sets of assessments: a one step challenge and a two step challenge.

Two step challenge: Phase 1: 9%, phase 2: 5%.
One step challenge: One Phase 9%

Drawdown:

Two step challenge: 10% maximum drawdown and 5% daily drawdown One step challenge: 6% maximum drawdown and 4% daily drawdown (note the one step challenge is a trailing drawdown).

Two step challenge example:

You are trading a $100,000 account, you have a great start and get to $106,000, you can then lose 5% ($5300) in the next day from here. Lets say you go down to $102,000, the next day you can lose 5% ($5100). The maximum drawdown stays at $90,000 always.

One step challenge example:

You are trading a $100,000 account, you have a great start and get to $106,000. The next day you can then lose 4% ($4240). Your maximum drawdown is 6% of $106,000, if your account ever goes below $99,640 (6% of $106,000) your account is breached as $106,000 was your high watermark.

You can trade news events. If your trade is left open that’s fine. You cannot open trades or straddle the event, where the event causes you to have a significant win, in an all or nothing style trade. This is pure luck. We have a lot of questions on this topic, to be clear. You will be fine if your trading shows that you would have won without the news event. If you won solely from the event alone, this is not allowed

High Frequency Trading Bots or scalping that run trades for just a few seconds, or take advantage of the demo delay / arbitrage are not allowed. High volume scalping is also not allowed

Martingale No, you cannot grid or martingale average into trades in the manner of all or nothing style trading. Adding to a position however is fine.

Latency Arbitrage You cannot take advantage of the delay in the demo environment, this is not possible for our firm to use your trades live to profit.

Hedging You can hedge, but you cannot bet on multiple accounts in two different
directions to guarantee a win

Reverse trading Similar to hedging, you cannot counter bet yourself to lock in a win.

EAs They are allowed, as long as they dont break any of the above rules

Trade Your Own System Your trades must be yours, you cannot mirror someone else or use a “pass your challenge’ program. You can however use a mirror on your own trades from another account

Consistency Your trading style must stay the same while funded and during the challenges, you cannot change how you trade randomly. This is a major red flag and makes it impossible to accurately mirror your account.

Inactivity You must place a trade every 30 days to avoid your account being removed All or Nothing Trading Falling under the same rules as news and martingale, this is when you bet a massive amount on one trade hoping to win all in 1 trade. This is not trading.

We will likely make you rerun the challenge

What happens if there’s a Minor Conflict / Uncertain Breach? If you have a minor breach on your funded account, you will have to wait until the next payout cycle to receive profits made after the breach. If you are on the challenge we have the option of warning you or having you restart

We have no restrictions on lot sizes and weekend trading, we want to allow as much flexibility as possible.

You have passed your challenge phase and are now trading a live Maven account, congratulations! We run a variety of promotions, our base level is 80% profit split, however this can be as high as 100% depending on the promotion!

You have passed our evaluation and this means you have shown excellent trading abilities. Therefore we take a small part of the profits that you create. This is the business agreement that you signed up for as a Maven trader.

This is done on the contract you sign, you are responsible for your own taxes that you pay depending on your tax residence.

We trade on 8Cap and have the lowest spreads and commissions possible for retail traders.

Forex
Spreads are raw and 0 on major pairs(commission is 2.5$ per lot, $5 round)

On CFDs, Oil, Crypto, etc
Spreads are low with 0 commission

We trade on a demo environment (even when funded, live trades are mirrored)

We have connected with EightCap who have a list of over 400+ crypto instruments available. We also have available FX and Indices, allowing you the best flexibility. A full list of markets to trade can be found here: https://www.eightcap.com/en/trading/instruments/ You can also find all common forex pairs as well as all major indices accessible to trade.

The leverage is 30:1 on tradable instruments.

You can pay with Credit Card, or Crypto(NowPayments) Make sure you add the product to the cart and go through checkout to see all the options.

We are located in Vancouver, Canada. We can be reached by online chat via our website, you can email us at [email protected] or you can join our active discord community at discord.gg/maven.

You can have up to $1,000,000 in capital with us!

Scaling is 2 fold, the daily DD rules scales as its 5% off the account balance (not the starting balance), so as you grow so does your DD limit. The max DD stays static at 10% forever(off the starting balance). We also allow you to scale the account with added funds provided by us if you are profitable for an extended period of time. You will need to manually request to be scaled. We will not scale you unless you’ve been profitable for at least 5 payouts, afterwards you can be awarded up to 25% additional capital up to $500,000.

You have the option to recover the drawdown in your live account by paying the drawdown you’ve lost. We will look at your data and give you an offer(50-100% of your DD cost)

If you get kicked off funded for whatever reason, you can skip verification phase by paying 50% of the challenge cost. And go straight back to being funded

If you have 2 funded accounts you can request to merge them together. Example 20k and 50k = one new 70k account. These are off manual requests

Anytime withdrawal Anytime you like after 14 days you can withdraw funds

There’s no time restrictions on anything, you can pass in as little as 0 days or 1000

Check our discord for our roadmap. We have lots of exciting features coming up, such as a Maven token, NFT certificates and more!