Compared to DT4X Trader , for example, where you can pay for an instant funded account and have it within a few hours…. On Trustpilot , Maverick have a score of Excellent with 65 reviews and a score of 4. This is great to see and gives us no reason not to trust the funding being offered by the company! The volume of reviews is definitely lower than we would usually like to see when some competitors have over reviews, but I think this really comes down to how the process is and how it takes much longer to get funding through Maverick, rather than a company like DT4X so signups will typically be lower.

In short, Maverick Trading is a legit prop firm offering a great opportunity for traders looking to up skill and take on additional funding.

The company is loved by many funded traders around the world but many traders are put off by the fact you cannot just access funding and start trading, you need to apply and go through the training process which is very time consuming.

Kyle Townsend is the founder of Forex Broker Report, an experienced forex trader and an advocate for funding options for retail forex traders. As the forex prop firm industry has grown, so has the amount of prop firms offering funding for traders. With forex brokers reducing leverage and the industry getting more regulated, trading your Skip to content Maverick Trading. FUNDING 8.

PLATFORM CHOICES 8. EDUCATION OFFERED STRICT RULES 7. GET FUNDING NOW! These profits are rendered monthly. Therefore, it gives you favorable tax benefits and simultaneously moves forward in the trading world. Another notable feature of Maverick is that it does not operate on nick and dime policy and enables its traders to earn more than other traders that work on commission policy. Maverick trading gets profit if you make profits, and the interests of the firm and the traders are also aligned.

Moreover, Maverick trading also provides education to its traders. It gives over hours of concise video instructions. As per the CEO of Maverick Trading, traders spend months getting trained for this skill. And Maverick Trading has a straightforward structure that puts the traders in a structured coaching program and helps them understand the material. Maverick comes into the market with years of experience. The program for traders is created from the base of their knowledge and helps the traders to acquire the skills that get them profits constantly.

The no-risk and rapid chart reading trade simulator by Maverick are also great for traders. Before entering a trade, a trader submits journaled transactions through the demo account, and it helps them get experience in the markets where the risk is zero.

A trader needs to take a personality test before diving into the trading world. And trading assesses the strengths and weaknesses of the trader through this test. Hence, the trader creates the Trading Plan through his personality results after the results. While using these strategies, the traders need to factor in:. The demo accounts help assess the alignment of the trader with the trading plan. Then it allows the trader to improve by giving them suggestions and general coaching.

The people who provide the coaching are the traders with an experience of many years who have been working with the Maverick for a long time. All these coaches are also incentivized to help the traders increase their profitability. I think that trading capital is small and trading fees high and this can be frustrating for traders. Privacy Policy. As you continue reading this review, we will expose the many problems using a product like Forex Maverick.

Before you fall victim of a rogue Forex broker, read more about Forex Investing Scams. We found one major problem with the Forex Maverick Software, and that is that there is nothing there. After you sign up on the Forex Maverick website, you are sent to an unlicensed forex broker that is based somewhere in Eastern Europe.

The first time we tried using the software, they gave us an account at CMB CapMB , and the second time we were assigned to the broker StoxMarket. Both of these brokers are not licensed or regulated.

Even with the huge leverage offered by forex brokers, growing an account to a reasonable size is a tricky feat and will take years of compounding profits even for consistent traders. The biggest problem traders think they face in the markets is simply not having enough capital to make consistent returns and trade for a living. This is where prop firms come into the equation, offering a huge amount of funding to retail forex traders. But with over 30 firms out there, which funding option is the best option for you?

The company is one of the most popular in our top forex prop firms list , so it begs the question, is this the prop firm for you? Maverick trading is without a doubt one of the most well known prop firms in the industry. They have been around for many years now and may even be the oldest retail forex funding option! Maverick combines high quality training and simulation, with a prop firm to create a really strong process where you get trained, then you get funded.

The reviews are great, the coverage is great, it sounds like a great firm, right? But is it the firm for you? You have to fill in various forms to apply for the funding being offered. Unlike competitors, in this stage you will have to complete a training program in order to set you up for the live markets and large capital. Maverick has been featured in Forbes , Fox Business , CNBC and RealClearMarkets. This is just a few of the media coverages they have obtained over the last few years.

These include:. The company looks at consistency and risk profile more than anything and if you are managing risk efficiently you will be rewarded.

I really like this model and it gives traders the goal of actually becoming strong traders, rather than just percentage driven. The main thing that sets Maverick apart from the rest of the top prop firms is the process.

This is certainly a great idea for traders and really sets them up to realistically trade a funded account. This is why the sign ups at the company are lower than the other firms, but the retention is much higher and the traders seem extremely satisfied with the trainers! There are a few drawbacks of Maverick compared to some of the other prop firms in the industry. However, the company is also said to have the highest trader retention so this may need to be taken with a pinch of salt. The main drawback is the fact the process is long.

You have to apply, then complete tests, training and simulators, then you have to prove you can trade a trading plan, then you can get funded. This whole process is very lengthy and it definitely puts some traders off. Compared to DT4X Trader , for example, where you can pay for an instant funded account and have it within a few hours….

On Trustpilot , Maverick have a score of Excellent with 65 reviews and a score of 4. This is great to see and gives us no reason not to trust the funding being offered by the company! The volume of reviews is definitely lower than we would usually like to see when some competitors have over reviews, but I think this really comes down to how the process is and how it takes much longer to get funding through Maverick, rather than a company like DT4X so signups will typically be lower.

In short, Maverick Trading is a legit prop firm offering a great opportunity for traders looking to up skill and take on additional funding. The company is loved by many funded traders around the world but many traders are put off by the fact you cannot just access funding and start trading, you need to apply and go through the training process which is very time consuming. Kyle Townsend is the founder of Forex Broker Report, an experienced forex trader and an advocate for funding options for retail forex traders.

As the forex prop firm industry has grown, so has the amount of prop firms offering funding for traders. With forex brokers reducing leverage and the industry getting more regulated, trading your Skip to content Maverick Trading.

FUNDING 8. PLATFORM CHOICES 8. EDUCATION OFFERED STRICT RULES 7. GET FUNDING NOW! Getting Funding From Maverick Trading Step 1 — Apply Step 2 — Complete Training Process Step 3 — Prove Your Trading Ability Step 4 — Get Funded Maverick Tradings Public Profile Maverick Trading Affiliations Maverick Trading Scaling Program What Makes Maverick Trading Different From Other Prop Firms? The Drawbacks Of Maverick Trading Is Getting Funding From Maverick Trading Realistic?

Maverick Trading Reviews — What Do Traders Think? In Conclusion — Is Maverick Trading Legit? Continue Reading.

The people who provide the coaching are the traders with an experience of many years who have been working with the Maverick for a long time. As per the CEO of Maverick Trading, traders spend months getting trained for this skill. The first time we tried using the software, they gave us an account at CMB CapMB , and the second time we were assigned to the broker StoxMarket. But with over 30 firms out there, which funding option is the best option for you? Traders who were using a licensed and regulated broker did not have any problem withdrawing there money, because their trading account with insured by the government. There are a few drawbacks of Maverick compared to some of the other prop firms in the industry. It does not store any personal data.

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