Maverick Trading is a Trader-Friendly Company
Maverick Trading is a trader-friendly firm that trains, supports, and funds traders. The funds used are capital from the firm. With such ventures, the firm equips traders with all they need to survive and flourish in the financial markets.
How Maverick Trading Works
The first step to take in joining Maverick Trading Options Division is to apply. You can successfully do so by following the six steps on their application page. Then, after a successful interview, one proceeds on to improve their skills. You can accomplish this by using the Maverick trading simulators, assessments, and strategy courses.
You need to prove that you can use the acquired abilities to implement trading plans with improved skills. In addition, it is necessary to show that you can at the same time manage risks while producing profits.
Finally, you can receive a funded account that allows you to keep 70-80% of your profits and receive payment every end of the month.
To join the Maverick Trading Forex Program, you can follow this link for the appropriate application form.
Maverick Trading Costs
Maverick has a trading structure. As you start with them, you begin at the lowest; Associate Trader. There are two levels, each offering $25,000 and $40,000 in the capital, respectively. You also get to keep 70% of the profits.
Mater Traders is the next in the trading structure. Again, you receive $75,000 capital in the first level and $100,000 in the second level as a trader. Here, you get to keep 75% of the profits.
The final place in the structure is the Elite Traders. Here, there are also two levels; $400,000 and $800,000 in the capital. Again, you get to keep 80% of the profits.
Apart from these costs, when joining Maverick Trading under the stock division, you will pay a one-time membership fee of $7,000. Additionally, from the second month on, you will pay a $199 Desk Fee monthly. This amount covers the electronic infrastructure needed to run the firm and other needs like continuing education and mentorship programs.
There’s also $5,000 in risk capital as you start the first level as an Associate Trader. Finally, Maverick gives its traders a performance bonus of $7000 for generating $7,000 profits for the firm.
Looking at the Maverick Forex Trading, here are the approximate costs.
Like the Stocks division, the lifetime membership fee for the forex division is $4,000, a Desk Fee of $199 per month, and a risk capital deposit of $2,000. For forex, a trader will receive a $4,000 account for the first two months and then a $10,000 one if he manages risks successfully. After that, the trader can advance in levels as the trading options division.
Maverick Trading Platforms
During the evaluation, most traders in the funded trader options program use ThinkorSwim. However, when they start using live accounts, they switch to Interactive Brokers.
For traders using the forex-funded trader program, Interactive Brokers is the prevalent choice during both evaluation and live Trading.
Maverick Trading Funded Account Reviews
Maverick Trading is transparent in all its operations. The beauty with this is that you get to know all that you ought to expect. As far as it concerns the costs, you can view all your expenses to understand what you are getting into. Other than transparency in prices, you can get an overview of the firm through its trial program. Based on your final judgment, you can opt to join the program or not.
Maverick Trading as a company is credible owing to its excellent reviews. The fact that the company has disclosed its physical address and contact information, one has the assurance of its legitimacy. In case of any issue, you can comfortably visit their premises and get the help you need. You can also reach them via mail.
As a trader, if you handle your account successfully and consistently, the firm gives you an account with increased capital. This means that you can always grow without getting into debt. You can thus attain higher standards in your trading career. In addition, the firm disburses profits to traders monthly; therefore, you can make better plans.
Maverick Trading offers guaranteed success to traders due to the intensive training programs available. If you join the Stocks Division, the company provides more than 250 hours of structured and detailed information to the traders. With the coaching program that each trader has to go through, they get the necessary assistance through the study materials.
Maverick has a unique feature whereby traders go through a personality test with a view of Trading. With the results, one can know his weaknesses and strengths and develop a trading plan that will serve him more conveniently yet successfully.
Generally, Maverick Trading is best for individuals who want to take up trading as a full-time career and are willing to undergo training for a year. Is this a worthy venture? You only need to analyze your options and desires to settle whether Maverick Trading is your best option or not.