Maven Trading scores 47/100 due to its wider spreads, lack of platforms like MT4/MT5, and limited transparency around pricing. Although the firm offers low challenge fees and two challenge models, traders face restrictive payouts and unhelpful customer support.
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Maven Trading Summary
MavenProp Firm Details
One Phase Evaluation
Two Phase Evaluation
Instant Funding
Scaling PlanMax 1m
Fees From$15
Account Sizes2K -100K
Min Forex SpreadNA
Commission Fee$2
Max Daily Loss3%
Profit Targets5% - 8%
Profit Share80% – 100%
Trading Platforms
Consistency Rules
Compulsory Stop Loss
High Impact News Trading2 min window
Expert Advisors / Automated Trading
FOREX
INDICES
COMMODITIES
CRYPTO
SHARES
COUPON CODES
No promo codes
Two Step
Our Rating5.9/10
Funding$100,000
Fee$379
Two Step
Our Rating5.5/10
Funding$50,000
Fee$190
We gave Maven Trading a relatively low score of 47/100 due to their wider spreads, limited transparency around pricing and lack of MT4 or MT5, leading the prop firm to rank 17th overall during testing. While it looks like a good prop firm to begin with, the trading experience declines after signing up. While challenge fees are low, this doesn’t outweigh how much wider forex spreads are compared to competitors like Blueberry Funded and IC Funded.
Maven Trading offers two distinct evaluation models: the 1-Step and 2-Step challenges.
The challenges differ in their fee structures, account sizes, and drawdown rules, allowing traders to choose the evaluation that best fits their trading style and risk tolerance. The key differences are:
| Feature | 1-Step Program | 2-Step Program |
|---|---|---|
| Min-Max Refundable Fee | $15 - $379 | $15 - $379 |
| Min-Max Account Size | $2,000 - $100,000 | $2,000 - $100,000 |
| Profit Target | 8% (Fixed) | 8% / 5% (Phase 1 / Phase 2) |
| Overall Drawdown | 5% Trailing | 8% Static |
| Daily Drawdown | 3% (Balance/Equity) | 4% (Balance/Equity) |
| Minimum Profit Split | 80% | 80% |
| Minimum Trading Days | 0 | 0 |
| Special Features | Trailing Drawdown | Static Drawdown |
The 1-Step challenge is ideal for experienced traders who prefer a single, straightforward evaluation phase.
his challenge requires traders to hit an 8% profit target with a 5% trailing drawdown. The trailing drawdown adjusts based on the trader’s highest equity, meaning as your account grows, the drawdown limit follows. Daily drawdown is limited to 3%, making risk management more stringent.
The 1-Step challenge suits traders who are confident in their ability to reach the profit target in a single phase without the need for a more extended evaluation period.
| Account Size | Refundable Fee | Profit Target | Drawdown (Overall) | Drawdown (Daily) | Profit Split | Special Features |
|---|---|---|---|---|---|---|
| $2,000 | $15 | 8% ($160) | 5% Trailing | 3% ($60) | 80% | Trailing Drawdown |
| $5,000 | $19 | 8% ($400) | 5% Trailing | 3% ($150) | 80% | Trailing Drawdown |
| $10,000 | $38 | 8% ($800) | 5% Trailing | 3% ($300) | 80% | Trailing Drawdown |
| $20,000 | $76 | 8% ($1,600) | 5% Trailing | 3% ($600) | 80% | Trailing Drawdown |
| $50,000 | $190 | 8% ($4,000) | 5% Trailing | 3% ($1,500) | 80% | Trailing Drawdown |
| $100,000 | $379 | 8% ($8,000) | 5% Trailing | 3% ($3,000) | 80% | Trailing Drawdown |
The 2-Step challenge is better suited for beginner traders who prefer a slower paced approach to their evaluation, offering two stages with separate profit targets of 8% in phase one and 5% in phase two.
The 8% static drawdown provides a clear limit that remains the same throughout the evaluation, offering traders a stable risk threshold.
Daily drawdown is capped at 4%, providing a bit more flexibility compared to the 1-Step challenge.
The 2-Step challenge is ideal for traders who seek a more gradual approach, with multiple stages to showcase their consistency over a longer period.
| Account Size | Refundable Fee | Profit Target | Drawdown (Overall) | Drawdown (Daily) | Profit Split | Special Features |
|---|---|---|---|---|---|---|
| $2,000 | $15 | 8% / 5% | 8% ($160) | 4% ($80) | 80% | Static Drawdown |
| $5,000 | $19 | 8% / 5% | 8% ($400) | 4% ($200) | 80% | Static Drawdown |
| $10,000 | $38 | 8% / 5% | 8% ($800) | 4% ($400) | 80% | Static Drawdown |
| $20,000 | $76 | 8% / 5% | 8% ($1,600) | 4% ($800) | 80% | Static Drawdown |
| $50,000 | $190 | 8% / 5% | 8% ($4,000) | 4% ($2,000) | 80% | Static Drawdown |
| $100,000 | $379 | 8% / 5% | 8% ($8,000) | 4% ($4,000) | 80% | Static Drawdown |
Maven Trading offers an attractive scaling plan for traders who consistently perform well.
Once a trader achieves a 10% profit over four months (2.5% per month) and processes at least one payout per month, they are eligible for a 25% increase in their account size.
This process can be repeated until the account size reaches $1,000,000. The scaling function allows for progressive growth and ensures that traders are rewarded for consistent performance.
The maximum withdrawal cap also increases alongside the scaling plan, enabling traders to access larger profits as they scale their accounts.
Maven Trading trading rules include:
Verdict on Challenge Accounts
Maven’s 1-Step challenge is ideal for experienced traders looking for a straightforward test, while the 2-Step option provides a gradual evaluation better suited for beginners. Both offer low fees and scaling for consistent performance.
Maven Trading’s spreads are significantly wider compared to prop firms like DNA, Blueberry, and IC Funded, making trading more expensive. The lack of transparency around spread structures adds uncertainty.
While commission fees are $2 USD per side, the high spreads and unclear pricing make Maven less competitive for active traders.
Maven Trading’s spreads are wider than those of many competing prop firms. During testing, I compared Maven’s spreads with Blueberry Funded in real-time.
The difference was significant, with Blueberry often offering spreads that were nearly half those of Maven. Below is a table showing Maven’s live spreads during tesing for key currency pairs:
| Currency Pair | Maven Trading Spread |
|---|---|
| AUDCAD | 14 pips |
| AUDJPY | 9 pips |
| CHFJPY | 15 pips |
| EURAUD | 15 pips |
| EURGBP | 7 pips |
In addition to the wider spreads, Maven doesn’t provide much transparency around how spreads are determined or if they fluctuate based on market conditions. This makes it harder for traders to estimate their costs accurately, especially in fast-moving markets.
Maven Trading applies a $2 USD commission per side ($4 USD round trip) on forex trades. Here’s a quick breakdown of the commission costs:
| Asset Class | Commission Fee (per side) | Total Round Trip |
|---|---|---|
| Forex | $2 | $4 |
| Crypto | $0 | $0 |
| Indices | $0 | $0 |
| Commodities | $0 | $0 |
While the commission fee is standard, it doesn’t offset the higher costs of trading due to Maven’s wider spreads. For non-USD pairs, commissions are automatically converted to USD.
A positive aspect of Maven Trading’s pricing is that there are no swap fees for holding positions overnight, which can be beneficial for swing traders or those holding trades for extended periods.
However, considering the wider spreads, the savings from zero swap fees may not be enough to offset the overall higher cost of trading.
Verdict Commissions and Pricing
Overall, the high forex spreads are a key concern, especially for active traders. While the no-swap fees and no commissions on certain markets are nice features, Maven’s wider spreads make trading more expensive overall.
This lack of transparency and cost competitiveness may push traders to consider more affordable options like Blueberry or IC Funded.
When prop trading with Maven, you can access maximum leverage of 75:1 and 76 financial markets covering forex, commodities, indices, and cryptocurrencies, each with different leverage options.
| Asset Class | Leverage | Instruments |
|---|---|---|
| Forex | 75:1 | EUR/USD, GBP/USD, AUD/USD, USD/CAD, USD/CHF, USD/JPY, EUR/GBP, EUR/AUD, GBP/JPY, AUD/CAD, NZD/USD, CAD/JPY, USD/ZAR, USD/TRY, EUR/TRY, USD/PLN, USD/MXN, EUR/PLN |
| Commodities | 20:1 | XAU/USD (Gold), XAG/USD (Silver), XPD/USD (Palladium), XPT/USD (Platinum), WTI, Brent, NGAS, Corn, Wheat, Soybean, Coffee, Cocoa, Sugar, Cotton, Aluminium, Zinc |
| Indices | 20:1 | US500, US30, US100, US2000, GER30, FRA40, UK100, EU50, SPA35, ITA40, JAP225, CHNIND, HKIND, AUS200, SUI20 |
| Crypto | 2:1 | BTC/USD, ETH/USD, ETH/BTC, BTCEUR |
Maven Trading provides leverage of 75:1 on forex pairs, giving traders access to major, minor, and exotic currency pairs.
This high leverage allows traders to take larger positions with relatively small capital. Popular currency pairs available include:
With 20:1 leverage on commodities, prop traders can access precious metals, energy, and agricultural products.
Maven Trading offers 20:1 leverage on indices, giving traders exposure to some of the world’s leading stock indices. Trading indices allows for broader market exposure without focusing on individual stocks.
For cryptocurrencies Maven offers 2:1 leverage, providing traders with a more cautious approach to this volatile market.
Verdict on Markets and Leverage
Maven offers a solid range of markets across forex, commodities, indices, and crypto, with leverage up to 75:1 on forex. This variety lets you explore different assets, and the leverage options cater to various trading styles, from cautious to high-risk.
Maven Trading supports two platforms: Match-Trader and cTrader, both offering different sets of tools for various trading needs. However, they also have their limitations, which may impact the trading experience.
Match-Trader is a web-based and mobile platform, meaning there is no dedicated desktop application, which may be a drawback for traders who prefer a standalone desktop platform.
While it offers basic trading tools, its limited customisability—such as not being able to save chart templates across devices—can be a disadvantage for traders who frequently tweak their setups.
However, Match-Trader integrates with TradingView, providing more advanced charting tools, which is a useful feature for those focused on technical analysis. Additionally, the platform features real-time news feeds and an economic calendar to help traders stay updated with market events.
Key Features:
cTrader is a highly customizable platform that offers more advanced charting compared to Match-Trader, with access to over 70 indicators and tools for detailed technical analysis. It also supports cTrader Automate, allowing traders to develop automated strategies using C#.
Unlike Match-Trader, cTrader has both desktop and web versions, providing more flexibility for users. However, it lacks the integrated TradingView features, which may be important for traders who rely on TradingView for charting.
Key Features:
Verdict on Trading Platforms
Both platforms provide strong tools, but Match-Trader’s web-only format and limited customisation are siginificant drawbacks. We recommend cTrader if you chose to sign up to Maven trading as it offers more flexibility and advanced features for serious technical and automated traders.
Maven Trading allows traders to pay challenge fees via digital currencies and direct bank transfer, although the transparency around fees for these methods is lacking.
Profit withdrawals are processed every 10 business days, but a strict $10,000 withdrawal cap per two cycles and limitations on larger trades can restrict flexibility for traders aiming to maximize profits.
Maven Trading offers two primary methods for paying challenge fees – crypto and direct bank transfer. The availability of bank transfers is country-dependent, with a long list of supported countries.
While having options for digital currency and bank transfer is a plus, the firm doesn’t provide much clarity on the fee structures for these payment methods, which can be a point of concern for transparency.
Profit withdrawals are processed every 10 business days. While Maven promises a full refund on the third withdrawal, there’s a $10,000 withdrawal cap per two payout cycles, meaning traders cannot withdraw more than $10,000 during this period, even if they have earned more.
For traders managing multiple accounts, Maven treats all accounts as one, which limits flexibility. This cap does scale as accounts grow, but the firm doesn’t offer much detail on how scaling impacts payouts in the long run.
Moreover, if a trader’s profits exceed $5,000, they must ensure that no single trade or trading day exceeds 50% of their total profit.
This restriction can limit how traders manage larger accounts and may discourage taking larger positions, reducing the potential for high returns.
Verdict on Payments and Profit Payouts
Maven Trading’s payout policy is restrictive compared to other firms, especially with the $10,000 withdrawal limit and the cap on larger trades or trading days. Additionally, the lack of transparency around payment fees, especially for digital currencies, leaves traders without clear expectations.
Maven Trading’s customer service includes live chat, but it lacks effectiveness. The chat offers limited assistance, and there are no direct contact methods like email or phone. Educational resources are also basic, with a simple FAQ and blog that don’t provide detailed trading strategies.
Maven Trading offers live chat support, but it’s not as helpful as one might hope. Although the chat feature is available, it doesn’t provide the level of assistance expected for important queries.
For instance, when I asked for details on their trading platforms, the support team directed me to Google for information on cTrader, rather than offering direct guidance.
This lack of meaningful support, combined with no other direct contact options like email or phone, raises concerns about their ability to effectively assist traders.
Maven offers a very basic FAQ section and blog with limited resources. The FAQ doesn’t cover in-depth topics, and the blog offers general articles about trading concepts, but lacks specific guidance or advanced educational material for traders.
This could be insufficient for users looking for comprehensive trading support or strategies to improve their skills.
Verdict on Customer Service and Education
Maven Trading’s customer support and educational resources are underwhelming. The live chat is unhelpful, and the lack of comprehensive educational materials makes it difficult for traders to find the in-depth support they might need. This limited service is a significant downside for those looking for a more engaged and informative prop trading experience.
At first glance Maven Trading has a substantial online presence, with a strong TrustPilot rating and an active community.
However, questions remain about the firm’s transparency, particularly around trading conditions and liquidity providers.
Maven Trading holds a 4.6 out of 5 rating on TrustPilot, which might seem surprisingly high given the limited transparency the company provides.
Unlike firms such as IC Funded or Blueberry Markets that openly connect with regulated brokers, Maven doesn’t disclose its liquidity providers or brokerage sources.
This lack of clarity raises questions about the authenticity of some reviews, especially when compared to other more transparent firms in the industry.
Maven has an active prop trading community, with over 50,000 members on Discord, yet only 50 are listed as funded traders.
They maintain a presence across social media platforms, with 231 followers on LinkedIn and 60.5K on Twitter (X).
While these numbers suggest a strong online presence, the size of the community doesn’t necessarily guarantee better service or support, particularly when transparency is an ongoing issue.
Verdict on Trust and Community
Maven Trading’s large community and high TrustPilot rating don’t fully align with the level of transparency expected from a prop firm. Traders may prefer more open firms when it comes to essential details like liquidity providers and operational clarity.
Signing up with Maven Trading involves a few clear steps, but the process and platform offer fewer advanced features compared to other firms. Here’s a breakdown of the steps involved:
As shown in the screenshots, the Maven dashboard focuses on basic account details such as Balance, Equity, and Profit, but lacks the advanced trading account management and analysis features offered by other prop firms.
While the sign-up process is simple, the lack of detailed tools and educational content might be limiting for traders looking for more advanced account management options.
Maven Trading’s score of 47/100 reflects some clear limitations that may impact the trading experience. While the prop firm offers low-cost entry fees and flexibility between 1-Step and 2-Step challenges, wider forex spreads and lack of transparency around pricing make it a costly choice for active traders.
The limited platform options, excluding industry standards like MT4 and MT5, restrict the tools available to traders, and the platform’s restricted payout policies—like the $10,000 cap per cycle—can further limit potential earnings.
Customer support is minimal, with only basic live chat assistance and no direct contact methods, which may leave traders without the help they need. Educational resources are also lacking, offering only a basic FAQ and blog with little to support skill development.
While Maven has an active community and high TrustPilot rating, the lack of transparency around key elements like spreads, liquidity providers, and payment fees raises concerns for those looking for an open and fully supportive trading environment.
Maven Trading scores lower than competitors due to high forex spreads, limited platforms (no MT4/MT5), and a lack of transparency around fees. While the firm offers low challenge fees and two evaluation options, restrictive payout policies and unhelpful customer support make it less competitive.
Yes, Maven Trading is a real prop firm, but it has mixed reviews. While the firm offers low-cost challenges and access to trading platforms like cTrader, it lacks transparency regarding key details like liquidity providers and pricing. Additionally, traders have reported restrictive payout policies and unhelpful customer support.
The best prop trading firms in 2024 are DNA Funded, IC Funded, and OANDA Prop Trader. DNA Funded tops the list with low challenge fees, an 80% profit split, and a wide range of markets. IC Funded is a great choice for forex traders due to tight spreads and access to platforms like MT4 and MT5. OANDA Prop Trader is ideal for beginners with low entry fees and up to 90% profit splits. Each firm offers strong features for various trading needs.
For more information, read our review on the 10 best prop trading firms for 2024.
Maven Prop Firm’s evaluation process offers two models: the 1-Step and 2-Step challenges. The 1-Step requires traders to meet an 8% profit target with a 5% trailing drawdown, while the 2-Step involves hitting 8% in phase one and 5% in phase two, with a static 8% drawdown. Both challenges allow a minimum 80% profit split and have no minimum trading days. After passing, traders can access funded accounts, with scaling options available for consistent performers.
At Prop-Firms.com, our methodology evaluates and ranks prop trading firms based on several key categories to help traders find the best options. We assess factors like trading costs, profit payout structures, trading platforms, and customer support.
Our prop firm reviews include hands-on testing of the platforms and an in-depth look at financial markets offered by each firm. We focus on transparency, community feedback, and trust to ensure traders have all the essential details needed to choose a prop firm that fits their needs.
Challenges
Spreads
Markets
Platforms
Payments
Support
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