If you’re a trader looking for a way to scale up your trading without the risk of personal capital, Maven Trading is an excellent platform to explore. As a proprietary trading firm, Maven Trading offers funded accounts, enabling traders to manage large sums of capital and keep up to 80% of the profits. Now, with the exclusive discount code “INVEST,” you can enjoy 15% off on Maven Trading’s challenge fees, making it even more accessible to join this prop trading firm.

What is Maven Trading?

Maven Trading is a prop trading firm that provides funding to traders based on their performance in evaluation challenges. The firm aims to bridge the gap for traders who are skilled but lack the necessary capital to trade at a significant level. With a mission to empower traders, Maven Trading offers a variety of account sizes and challenge types to suit different trading styles and experience levels.

Key Features of Maven Trading

• Wide Range of Tradable Instruments: Maven Trading offers a broad selection of trading instruments including Forex, Cryptocurrencies, Commodities, and Indices.
• Flexible Trading Conditions: Traders have the freedom to use their preferred strategies, with support for news trading, Expert Advisors (EAs), and weekend holding.
• Scaling Plan: Consistent performers can scale their accounts up to $1 million based on their trading success.
• Competitive Profit Sharing: Traders can keep up to 80% of their profits, making it a lucrative opportunity for those who are successful in the markets.

How to Redeem Maven Trading Discount Code?

Step 1: Choose Your Challenge

Maven Trading offers two main challenge types: the One Phase Challenge and the Two Phase Challenge. Both challenges require traders to demonstrate their skills and discipline, but they differ in terms of complexity and structure.

One Phase Challenge

The One Phase Challenge is ideal for confident traders who want to move quickly to a funded account. You need to achieve an 8% profit target while adhering to a daily drawdown limit of 3% and an overall drawdown limit of 5%. This challenge has no minimum trading days, allowing you to achieve the target at your own pace.

• Account Sizes: $2,000 to $100,000
• Pricing: Starts at $15 for a $2,000 account
• Profit Share: 80%
• Coupon Code: INVEST (10% off)

Two Phase Challenge

For those who prefer a more gradual evaluation process, the Two Phase Challenge is a better fit. This challenge consists of two phases with different profit targets. In Phase 1, you need to achieve an 8% profit target, and in Phase 2, the target reduces to 5%. The overall drawdown is set at 8%, providing a bit more leeway for traders.

• Account Sizes: $2,000 to $100,000
• Pricing: Starts at $15 for a $2,000 account
• Profit Share: 80%
• Coupon Code: INVEST (15% off)

Step 2: Apply the Discount Code

Use the discount code “INVEST” during checkout to enjoy a 15% reduction on your challenge fees. This is a great way to lower your initial costs and take the first step towards becoming a funded trader.

Step 3: Pass the Challenge

Trade your way through the challenge while following Maven Trading’s rules. Once you’ve successfully completed the challenge, you’ll be given a funded account with up to $100,000 in capital.

Step 4: Trade a Funded Account

After passing the challenge, you’ll receive a funded account where you can trade and keep up to 80% of your profits. Maven Trading offers regular payouts every 10 business days, so you can enjoy the fruits of your labor without any delays.

Special Features of Maven Trading

Maven Trading isn’t just another prop firm. It stands out due to several special features designed to benefit traders:

1. Flexible Trading Rules

Maven Trading allows traders to use various strategies, including news trading and Expert Advisors (EAs). This flexibility makes it an appealing choice for both discretionary traders and algorithmic traders who rely on EAs.

2. No Minimum Trading Days

Unlike other prop firms, Maven Trading does not impose a minimum number of trading days in their challenges. This means you can complete the challenge as quickly or as slowly as you need, based on your trading style and market conditions.

3. Scaling Plan

Once you’ve become a funded trader, Maven Trading offers a scaling plan that can increase your account size by 25% every four months, provided you meet the profit criteria. This allows you to potentially manage up to $1 million in trading capital.

4. Risk Management Tools

Maven Trading’s platform provides various risk management tools, including a daily drawdown limit and overall drawdown limit. These tools help traders maintain discipline and reduce the likelihood of significant losses.

Maven Trading’s Challenges

To better understand what Maven Trading has to offer, let’s break down the two main challenge types in more detail.

One Phase Challenge

The One Phase Challenge is a straightforward evaluation where traders must reach an 8% profit target with a 5% overall drawdown limit and a 3% daily drawdown limit. This challenge is perfect for traders who are confident in their strategy and want to quickly access a funded account.

• Account Sizes Available: $2,000 to $100,000
• Pricing: $15 to $299, depending on the account size
• Profit Share: 80%
• Leverage: Up to 75:1 for Forex
• Payout Frequency: Every 10 business days
• Copy Trading: Not allowed
• Coupon Code: INVEST (10% off)

Two Phase Challenge

The Two Phase Challenge is more comprehensive and consists of two phases. In Phase 1, the profit target is 8%, while in Phase 2, it’s reduced to 5%. This challenge is ideal for traders who prefer a more methodical approach to evaluation.

• Account Sizes Available: $2,000 to $100,000
• Pricing: $15 to $299, depending on the account size
• Profit Share: 80%
• Leverage: Up to 75:1 for Forex
• Payout Frequency: Every 10 business days
• Copy Trading: Allowed
• Coupon Code: INVEST (15% off)

Why Choose Maven Trading?

Competitive Pricing

With the discount code “INVEST,” Maven Trading offers one of the most cost-effective ways to access a funded account. The entry-level fees are low, starting at just $15 for a $2,000 account.

Strong Community Support

Maven Trading has a vibrant community of over 10,000 traders. The community is a great place to share strategies, get support, and stay motivated throughout your trading journey.

Comprehensive Support

Maven Trading provides 24/7 customer support through various channels, including live chat and email. Whether you have questions about the challenges or need help with your account, Maven’s support team is ready to assist.

Transparent Policies

Maven Trading maintains clear and transparent policies. Traders have access to all the necessary information about the evaluation process, trading guidelines, and profit-sharing structure. There are no hidden fees or unexpected charges, making it a trustworthy choice for traders.

Maven Trading’s Rules and Regulations

Maven Trading’s rules are designed to ensure a fair and disciplined trading environment. Here are some key regulations:

Drawdown Limits

• Daily Drawdown: 3% for the One Phase Challenge and 4% for the Two Phase Challenge.
• Overall Drawdown: 5% for the One Phase Challenge and 8% for the Two Phase Challenge.

Trading Restrictions

• No Gambling Strategies: Strategies like Martingale and high-frequency trading (HFT) are not allowed.
• Copy Trading: Only allowed in the Two Phase Challenge.
• IP Address Rules: Traders must maintain the same IP address during the evaluation phases and the funded stage.

Payouts and Withdrawals

Maven Trading offers payouts every 10 business days, with no minimum trading days required. You can request withdrawals once your account reaches a profit of 1%. Withdrawals can be processed through various methods, including crypto and bank transfers.

Final Thoughts

Maven Trading is an excellent choice for traders looking to scale their trading through a prop firm. With flexible challenge options, competitive pricing, and a generous profit-sharing model, Maven Trading provides a supportive environment for traders at all levels. The added benefit of the discount code “INVEST” makes it even more accessible to get started with Maven Trading.

Whether you’re an experienced trader looking for additional capital or a newcomer seeking a risk-free trading opportunity, Maven Trading has something to offer. Take advantage of the 15% discount with the code “INVEST” and start your journey towards becoming a funded trader today.

Frequently Asked Questions (FAQs)

1. What is a prop firm?

A prop firm, or proprietary trading firm, provides traders with the capital to trade on their behalf. Traders are evaluated through challenges or trading tests and can receive a funded account if they pass.

2. What are the benefits of joining Maven Trading?

Maven Trading offers flexible challenge rules, competitive profit sharing, and the opportunity to scale up to $1 million in trading capital. With the discount code “INVEST,” it’s also a cost-effective way to get started.

3. Can I use EAs with Maven Trading?

Yes, Maven Trading allows the use of Expert Advisors (EAs) in the Two Phase Challenge.

4. Is news trading allowed?

Yes, news trading is allowed, but there are specific rules around opening and closing trades near major news events.

5. How do I apply the discount code?

Simply enter the code “INVEST” at checkout to receive a 15% discount on your challenge fees.

6. What happens if I fail the challenge?

If you fail the challenge, you can retake it by purchasing a new one. Maven Trading also offers an instant account reset option for a fee.

Ready to take your trading to the next level? Visit Maven Trading and use the code “INVEST” for 15% off your challenge fees. Happy trading!