CEOJon Alexander
Country
flag
LC
Date Created11/1/2022
Years in Operation3.5

Maven Prop Firm Details

Firm Overview

Broker:

Liquidity ProviderLiquidity Provider

Platform:

cTradercTraderMatch TraderMatch TraderMT5MT5

Payment Methods:

 Credit Card Credit CardCryptoCryptoKora PayKora Pay

Payout Methods:

CryptoCryptoRiseworksRiseworksBank TransferBank Transfer

Type of Instruments:

forexcfdcryptometalsenergy

Leverage

  • FX | 1:75

  • Metals and Indices | 1:20

  • Energy and Commodities | 1:20

  • Crypto | 1:2

Commissions

  • FX | per lot $2

  • Metals & Energy | per lot $3

  • Indices & Commodities | $0 commission

Account Sizes

  • 1 Step | from $2k to $100k

  • 2 Steps | from $2k to $100k

  • 3 Steps | from $2k to $100k

  • Standard Instant | from $2k to $100k

  • OMO2-steps | from $2k to $100k

Max Allocation

  • You can merge your accounts up to $200,000

  • Accounts must be in the same challenge type to be merged

  • Merging is not permitted if there are any open trades

  • Accounts with a negative balance cannot be merged

  • Merging is only available for funded accounts, not challenges

Daily & Maximum Loss

  • 1 Step | Daily Loss 3% | Max Loss 5%

  • 2 Steps | Daily Loss 4% | Max Loss 8%

  • 3 Steps | Daily Loss 2% | Max Loss 3%

  • Standard Instant | Daily Loss 2% | Max Loss 3%

  • OMO2-steps| Daily Loss 4% | Max Loss 8%

Drawdown

  • 2 Steps and 3 Steps use Static Balance Based Drawdown

  • 1 Step, Standard Instant, use Trailing EOD Drawdown

  • OMO2-steps, use Trailing (EOD) drawdown

Risk Management

Trade holding time

  • Holding 50% or more of your trades for less than one minute on all accounts is not allowed


Standard Instant only

  • Your account cannot have more than a 1% loss in floating PnL if this happens the account will be breached

Consistency Rules

  • 1 Step and 2 Steps and 3 Steps | No Consistency

  • Standard Instant | Consistency 20%

  • OMO2-steps | No Consistency

Minimum Trading Days

  • 1 Step and 3 Steps and Standard Instant| None

  • 2 Steps | 3 profitable non consecutive days of 0.5% each

  • OMO2-steps | 4 profitable non consecutive days of 0.5% each

News Trading

Allowed

  • News trading is allowed on all accounts, but the profit will not be counted

Not Allowed

  • For all challenge, funded, and instant accounts, opening or closing a position within 2 minutes before or after a High Impact News event is NOT allowed if it happens the profit will not be counted and it will not be considered a violation

Overnight & Weekends Holding

  • You can hold positions overnight and over the weekend on all accounts

  • Zero swaps on all accounts

Copy Trading

Allowed

  • Copy trading is only allowed between Maven accounts, all under the same name

Not Allowed

  • Copy trading between Maven and any other prop firm is not allowed, even under the same name

  • Copy trading between Maven and your personal account is not allowed, even under the same name

Experts

Allowed

  • None

Not Allowed

  • EAs are not permitted under any circumstances across all accounts

VPN/VPS

  • Use a paid VPN or VPS with a dedicated IP in the same specific country each time you connect

  • Free VPNs are used by multiple users who share the same IP address which can pose security risks and may lead to account loss

  • Sharing your VPS connection with others is prohibited

Profit Share

  • 80% On all accounts

Payout Policy

  • 1 Step and 2 Steps and 3 Steps | Every 10 business days

  • Standard Instant | Every 10 business days

  • OMO2-steps | Every 10 business days

Notes:

  • You must reach a minimum 3% withdrawal on all accounts to request a payout

  • After exceeding $5,000 in payouts you must complete a risk interview with a Maven analyst and attend within 2 weeks of receiving the invitation otherwise your payout will not be processed

Scale Up Plan

  • Traders can reach up to $1,000,000 in capital

  • To scale you must profit 10% over 4 months at least 2.5% per month

  • You are also required to process at least 1 payout per month

  • After that the trader’s account will receive a 25% increase

Inactivity Rules

  • The account will be closed if there are no opened or closed positions for 30 consecutive days

Prohibited Strategies

  • All in one trading

  • HFT

  • Group hedging

  • Arbitrage

  • Tick scalping

  • Grid trading

  • Latency trading

  • One-sided betting

  • Account or device sharing

Restricted Countries

Afghanistan
Afghanistan
Belarus
Belarus
Burkina Faso
Burkina Faso
Burundi
Burundi
Central African Republic
Central African Republic
Congo
Congo
Cuba
Cuba
Eritrea
Eritrea
Guinea
Guinea
Guinea-Bissau
Guinea-Bissau
Guyana
Guyana
Haiti
Haiti
Iran
Iran
Mali
Mali
North Korea
North Korea
Russia
Russia
Saint Lucia
Saint Lucia
Sierra Leone
Sierra Leone
Somalia
Somalia
Sudan
Sudan
South Sudan
South Sudan
Ukraine
Ukraine
Vanuatu
Vanuatu
Venezuela
Venezuela
Yemen
Yemen

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