Is Maven Trading legit?
Yes. Maven is run by Maventrade LTD (Saint Lucia) and Maven Edu FZCO (Dubai, UAE). It holds a 4.7 out of 5 "Exceptional" rating on Feefo from 5,063 reviews, and 94% of its Feefo reviews in the past year were 4 or 5 stars. Feefo also gave Maven a Trusted Service Award.
Is Maven Trading a scam?
No. Maven pays out funded traders who follow the rules, and hundreds of verified Feefo reviews in the past year describe receiving payouts, often within minutes or hours. Read the reviews yourself, good and bad, on Feefo before you buy.
Does Maven Trading pay out?
Yes. In the past year, 396 five-star Feefo reviews talk about payouts and withdrawals. You get paid once you meet the account's payout rules.
How fast does Maven pay out?
It depends on the account. Standard accounts pay every 10 business days, Mini accounts every 24 hours, and Instant accounts as soon as the payout requirements are met. Many reviewers report getting paid within an hour of asking.
What is a prop firm?
A proprietary trading (prop) firm gives traders a funded account to trade. You pay for a challenge, hit a profit target without breaking the drawdown rules, and then keep most of the profit you make.
What profit split does Maven pay?
80% on Standard, Instant and Buy Now Pay Later funded accounts. 70% on Mini and Predictions accounts.
How much does a Maven challenge cost?
Maven is one of the cheapest prop firms. Challenges start at about $12 for a $2K account with a coupon, and Buy Now Pay Later lets you start a challenge for $5. Check maventrading.com for current prices.
Does Maven have instant funding?
Yes. Maven's Instant accounts skip the challenge, so you are funded right away and paid once you meet the payout requirements.
How long does Maven take to review a passed challenge?
Accounts that hit the profit target are reviewed in 1 to 3 business days after the trades close. Many reviewers say they got their funded account the same day.
What do traders complain about at Maven?
Complaints are rare: only 90 of 2,521 Feefo reviews in the past year (under 4%) were 1 or 2 stars. The most common ones are accounts closed for breaking a rule such as drawdown or consistency, waiting on account reviews or KYC checks, and slippage in fast markets. Read the rules for your account type before you trade.
Is it real money?
No. Maven runs a simulated trading environment and is not a broker. It does not take deposits. Payouts are rewards based on your simulated results.
Which account sizes and platforms does Maven offer?
$2K, $5K, $10K, $20K, $50K and $100K accounts, with 400+ markets including forex, gold and indices, traded on MetaTrader 5.
Can traders in the US or Canada join Maven?
Yes, but MetaTrader is not available in the United States or Canada. Some countries are restricted; check the full list on maventrading.com.