Maven Trading
- Elite mentorship from profitable experts
- Superior training beyond basic courses
- Custom indicators for market advantage
- Practical education with real scenarios
- Community support during trading journey
Firm Overview
Maven Trading was founded in 2022 by Jon Alexander and is headquartered in Canada. It has positioned itself as one of the most budget-friendly prop firms on the market â with challenge fees starting at just $13 for the Mini account, making it accessible to traders who want to test the prop model without a large upfront commitment. The firm operates simulated accounts under real market conditions and has paid out across a global community, with strong brand presence in emerging markets (India, Pakistan, South Africa, Kenya).
MetaTrader 5 was re-added to the platform lineup in May 2025 after previously being removed, joining cTrader and Match Trader. Maven’s primary challenge types are the 1-Step (trailing drawdown, faster funding) and 2-Step (static drawdown, more breathing room). The 3-Step, launched January 2025, offers the lowest barrier to entry for complete beginners. Trustpilot: 4.6/5.
Challenge Types
| Program | Steps | Profit Target | Max Drawdown | Daily DD | Time Limit |
|---|---|---|---|---|---|
| 1-Step | 1 | 10% | 6% trailing | 3% | None |
| 2-Step | 2 | 8% / 4%* | 8% static | 4% | None |
| 3-Step | 3 | 5% each phase | Static | Applies | None |
| Instant | None | None | Varies | Varies | None |
| Mini | 1-2 | Varies | Varies | Varies | None |
*2-Step Phase 2 requires 3 days with at least 0.5% profit each to pass.
Key Trading Rules
- EAs (Expert Advisors): Strictly prohibited on all platforms â manual trading only
- News trading: Restricted on Standard (1-Step, 2-Step, 3-Step) accounts â no trades within 2 minutes before/after high-impact events. Instant and Mini accounts: news trading fully allowed.
- Martingale: Allowed as of January 2026 â up to 5 concurrent drawdown positions on same instrument
- Copy trading: Prohibited â no trade copying between accounts
- HFT, tick scalping, arbitrage: Prohibited
- Scalping: Allowed, but accounts flagged if more than 50% of trades are under 60 seconds
- Consistency rule: Single trade may not exceed 20% of total profit; if total profits exceed $5,000, no single day can account for more than 50% of total profits in a payout cycle
- IP consistency: Must match across all phases â VPN, travel, and network changes require documentation
- Inactivity: Account closed after 30 calendar days without a trade
- Drawdown calculation: Based on Balance/Equity minus Highest Equity at End of Day â if equity peaks intraday, the next day’s limit is calculated from that peak
Scaling
- Account sizes: $2,000 to $100,000
- Scaling plan takes accounts up to $1,000,000
- Buyback feature: Allows traders to quickly regain a funded account after breaching
- Payout cap: $10,000 per two payout cycles (scales proportionally with account size)
Company Information
- Founded: 2022
- HQ: Canada
- CEO: Jon Alexander
- Trustpilot: 4.6/5
- Platforms: cTrader, Match Trader, MetaTrader 5 (MT5 re-added May 2025)
- Markets: Forex, metals, indices, energies, commodities, digital ETFs â 60â75 instruments total
- Leverage: 1:75 across all account types (Forex)
- Spreads: Wide â significantly higher than industry average on most pairs
- Commissions: ~$4 round-turn on forex; zero commission on indices, commodities, crypto
- Payout frequency: Every 10 business days
- Payout methods: Crypto, Rise, wire/bank transfer
- Islamic accounts: Swap-free accounts available
Why Choose Maven Trading?
Maven Trading is best suited for budget-conscious traders who want to enter the prop firm space with minimal risk. The $13 Mini account, no time limits, and 10-day payout cycle are genuinely attractive. However, the prohibition on EAs, wide spreads, a strict IP consistency policy, and a $10,000 per-cycle payout cap make it less suitable for scalpers, automated traders, or those managing larger funded accounts. For manual discretionary traders who trade patiently within low lot sizes, Maven provides accessible funding at a very low entry cost.
Frequently Asked Questions
Are EAs allowed on Maven Trading?
Is Maven Trading halal?
What is the drawdown calculation method at Maven?
admin –
Awesome platform.