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Maverick Trading Review 2024

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Maverick Trading Review 2024
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Your Capital is at risk.

Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Maverick Trading
Founded:1997
Headquarter:UT, USA
Min Price:$1
Max Fund:$800,000
Challenges:6
About
Maverick Trading, based in the United States, is a prop trading firm offering up to $800,000 in funding for traders. The firm’s evaluation process that spans 6 levels. Maverick Trading encourages a structured path to success, where traders begin at the associate trader level and work up to elite trader status, receiving increasing capital and profit splits as they advance. Additionally, traders benefit from comprehensive training programs, personalized trading plans, and ongoing support from the firm’s educational resources.
Contact
P.O. Box 900802, Salt Lake City, UT 84090
Rank and Score
Pros and Cons
Withdrawal Payments
Instruments
Pros
Well-structured funding levels
High capital funding
Cons
Lower profit split
Strict rules

Maverick Trading stands out as it operates with a profit split model, offering traders between 70% and 80% of their profits.

Traders start with capital between $25,000 and $40,000 at Levels 1-2, progressing to higher amounts at Levels 3-4 and 5-6, where the capital can reach $800,000.

Although specific payment methods are not listed, electronic fund transfers are likely used for profit disbursements.

Maverick Trading Review
Elevate your trading skills with capital, Support, and proven expertise

Maverick Trading company overview

Maverick Trading, founded in 1997, is a leading proprietary trading firm with a reputation for empowering traders through significant capital access and comprehensive training. The firm aims to create an environment where traders can thrive and build generational wealth.

Specifications Summary

Maverick Trading offers a comprehensive prop trading program with the following specifications:

Account currency

USD

Minimum price

N/A

maximum leverage

1:50

                 maximum profit split         

80%

Instruments

N/A

Assets

N/A

evaluation steps

Level 1 to 6

Trading platform

N/A

Withdrawal methods

N/A

maximum fund size

$800,000

first profit target

N/A

Max. daily loss

N/A

Challenge time limit

N/A

news trading

N/A

Maximum total drawdown

N/A

commission per round lot

N/A

trust pilot score

3.8 out of 5

payout frequency

N/A

established country

United States

established year

1997

This structure allows traders to start with a significant amount of capital and scale up as they demonstrate consistent profitability while benefiting from the firm's resources and support.

Maverick Trading’s pros & cons

Like any trading opportunity, Maverick Trading comes with its own set of advantages and potential drawbacks:

Advantages

Disadvantages

Access up to $800,000 in capital

Lower profit sharing compared to the rivals

Well-structured funding levels

Stringent qualification process

The suitability of Maverick Trading depends on individual trader goals, risk tolerance, and experience level. It may be particularly advantageous for newer traders seeking significant capital and comprehensive training.

Maverick Trading’s funding & price structure

Maverick Trading offers a robust funding program for qualified traders, with capital access ranging from $25,000 to $800,000.

Maverick Trading’s funding
Get access to a maximum capital of $800K on Maverick Trading

While specific costs are not detailed on their website, the firm emphasizes the following key features:

  • Industry Experience: A comprehensive qualification program prepares traders for live market success, instilling a wide range of trading knowledge;
  • Proven Game Plan: Traders develop personalized, detailed trading plans using specific rule-based tactics and methodologies;
  • Great Money-Making Techniques: Consistent profits can lead to additional trading capital and higher profit splits;
  • Profit Sharing: Traders keep 70-80% of their profits.

Registration & verification Process

The registration and verification process at Maverick Trading prop firm is easy to follow:

  1. Review FAQs: Applicants must thoroughly read the frequently asked questions to understand the firm's offerings and requirements;
  2. Complete Trader Profile: This step provides relevant information about your trading experience and goals;
  3. Watch Introductory Video: A comprehensive video introduces applicants to Maverick Trading's philosophy and operations;
  4. Schedule Interview: Qualified applicants are invited to schedule an interview with the recruiting team;
  5. Qualification Program: Upon acceptance, traders enter a comprehensive program to prepare them for live market success.

Maverick Trading emphasizes its commitment to diversity, respect, and transparency throughout this process, aiming to create a supportive environment for all traders.

Registration for MaverickTrading
Complete your profile details to start your journey with MaverickTrading

Maverick Trading prop firm’s Evaluation steps             

Maverick Trading's evaluation process is structured to ensure traders are well-prepared for live market trading. The program consists of 3 primary levels:

Level

Requirements

Trading Capital

Levels 1-2 (Associate Trader)

- Complete initial training modules and tests
- Develop a personalized trading plan
- Demonstrate proficiency in demo trading

$25,000 - $40,000

Levels 3-4 (Master Trader)

- Show consistent profitability
- Expand trading strategies and risk management skills

$75,000 - $100,000

Levels 5-6 (Elite Trader)

- Demonstrate exceptional trading skills and consistency
- Mentor other traders within the firm

$400,000 - $800,000

This tiered structure encourages continuous improvement and rewards traders for their progress and success.

Bonus offerings and discounts

While specific bonuses and discounts are not explicitly outlined on Maverick Trading's website, the firm offers several incentives for its traders:

  • Performance-based Capital Increases: Traders can earn access to larger capital accounts by demonstrating consistent profitability;
  • Higher Profit Splits: As traders progress through the levels, their profit share increases from 70% to 80%;
  • Unique Performance Bonus: Traders who make the firm $7,000 receive a bonus.

These incentives are designed to align the interests of traders with those of the firm, encouraging long-term success and growth.

What instruments & symbols can I trade on MaverickTrading?

Maverick Trading offers trading opportunities across various financial instruments, although their website does not list specific symbols. Based on available information, traders can likely engage with:

  • Stocks: Equity trading across major U.S. exchanges;
  • Options: Various option strategies on stocks and indices;
  • Forex: Currency pair trading through Maverick FX division;
  • Futures: Possibly available, though not explicitly mentioned;
  • Cryptocurrencies: Mentioned as part of Maverick FX, specific offerings unclear.

It's important to note that the available instruments may vary depending on the trader's level and qualifications within the firm.

Available payment methods

While specific payment methods are not detailed on Maverick Trading's website, we can infer some general information based on industry standards and the firm's structure:

  • Profit Disbursement: Traders likely receive their share of profits (70-80%) through regular payouts, possibly monthly or quarterly;
  • Electronic Transfers: Given the firm's global reach, electronic fund transfers are likely the primary payment method;
  • Potential Fee Structure: Initial fees or deposits may be required, though these are not specified.

For the most accurate and up-to-date information on payment methods, prospective traders should contact Maverick Trading directly during the application process.

Commission & Cost in details

Maverick Trading's commission and cost structure are not explicitly detailed on their website, but we can infer some information based on their business model:

  • No Traditional Commissions: Maverick likely doesn't charge traditional per-trade commissions as a prop firm;
  • Profit Sharing: The firm takes 20-30% of profits as their primary form of compensation;
  • Potential Initial Fees: Though not specified, there may be upfront costs for training or account setup;
  • Technology Fees: The firm will likely cover costs for trading platforms and tools.

Maverick Trading's model aligns their interests with their traders, focusing on shared success rather than charging ongoing fees or commissions.

MaverickTrading on Trustpilot

Maverick Trading has a Trustpilot rating of 3.8 out of 5, indicating generally positive but mixed reviews. Key points from these reviews include:

  • Comprehensive Training: Many reviewers praise the quality and depth of Maverick's educational resources;
  • Supportive Staff: The firm's support team is often cited as helpful and responsive;
  • Transparency: Some reviews mention the firm's clear communication and honest approach;
  • Some Concerns: A few reviewers have expressed issues with fees or lack of communication in certain instances.

Overall, the Trustpilot score suggests that while Maverick Trading has many satisfied traders, there's room for improvement in some areas of their service.

Customer Support Team

Maverick Trading offers several channels for customer support:

  • Contact Form: Available on their website for general inquiries;
  • Email Support: support@mavericktrading.com.

Support team is available Monday through Friday, 6 am to 5 pm (time zone not specified). The firm emphasizes its commitment to helping traders succeed, encouraging prospective and current traders to ask questions and seek clarification.

Social media channels

Maverick Trading maintains an active presence on various social media platforms:

  • Facebook;
  • X (formerly Twitter);
  • Linkedin.

These social media profiles serve as valuable resources for aspiring and current traders, providing market insights, educational content, and a glimpse into the Maverick Trading community. The prop firm also has a strong presence on famous platforms like CNBS and Yahoo finance to keep traders informed about the latest news and insights.

Maverick Trading on social media
Follow the Maverick Trading on Yahoo finance and CNBC

Expert suggestions

Overall, Maverick Trading's emphasis on personalized trading plans (Associate, Master, and Elite Trader) and performance incentives, such as a bonus for traders who make the firm $7,000, demonstrates its commitment to helping traders grow.

The firm does not charge per-trade commissions but takes 20%-30% of the trader’s profits.

Also, Maverick Trading’s Trustpilot score of 3.8 out of 5 shows the platform’s relative reliability.

FAQs

What is the minimum capital requirement to start trading with Maverick?

Traders can start with access to $25,000 in trading capital.

How long does the qualification process typically take?

The duration varies, but traders should be prepared for a thorough evaluation process.

Can I trade part-time with Maverick Trading?

Yes, the firm offers flexible options for both part-time and full-time traders.

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