Maven Prop Firm Review – What You Need to Know in 2025
Maven Trading, founded in 2022 and headquartered in Vancouver, Canada, is a proprietary trading firm led by CEO Jon Alexander. Offering virtual funded accounts from $2,000 to $100,000, scalable to $1 million, it provides profit splits up to 80% and supports trading in forex, indices, commodities, and cryptocurrencies. With over $60 million in funding provided to 5,000+ traders and a 4.6/5 Trustpilot rating from 3,305 reviews, Maven is praised for affordability but criticized for high spreads.
Maven Trading Best suited for:
- Beginners: Low challenge fees starting at $15 and no time limits on evaluations.
- Intermediate traders: Flexible one-step, two-step, and three-step challenges.
- Experienced traders: Scaling up to $1 million and support for EAs.
- Scalpers and swing traders: News trading and weekend holding allowed with swap-free options.
Pros & Cons of Maven Trading
Pros
Low Challenge Fees: Starting at $15 for a $2,000 account, refunded with third payout.- No Time Limits: Unlimited trading days for evaluations, reducing pressure.
- Flexible Trading Rules: News trading, weekend holding, and EAs permitted with restrictions.
- Buyback Feature: Regain funded account access after drawdown for 60% of the loss.
- Scaling Plan: Accounts can scale to $1 million with 25% increases after 10% profit over four months.
- Trusted Reputation: 4.6/5 Trustpilot rating, praised for fast KYC and support.
Cons
Weekend trading not available on most accounts:- Payout timelines may vary based on verification speed:
How Does Maven Trading Work? (Step-by-Step Guide)
- Choose an account size & challenge type: One-step, two-step, or three-step ($2,000-$100,000).
- Pass the evaluation: 8% profit for one-step
- 8%/5% for two-step
- 3% per phase for three-step.
- Get funded: Trade a demo account with real profit potential via partnered brokers like Purple Trading.
- Profit splits & payouts: 80% split, paid every 10 business days after a 1% profit threshold.
Maven Trading Account Types & Funding Options
- Account sizes: $2,000, $5,000, $10,000, $25,000, $50,000, $100,000, scalable to $1 million. Funding models: o One-Step Challenge: 8% profit target, 3% daily/5% trailing drawdown. o Two-Step Challenge: 8% then 5% profit targets, 4% daily/8% max drawdown. o Three-Step Challenge: 3% per phase, 2% daily/3% max drawdown. Profit splits: 80% standard
- 15% from evaluation profits with two-step. Challenge fees: $15-$460, refunded with third payout.
Profit Targets & Payouts
- Profit targets: 8% (one-step), 8%/5% (two-step), 3% per phase (three-step).
- Payouts: Via bank transfer, Deel, Wise, or crypto, minimum 1% profit ($50-$1,000 based on account size), processed every 10 business days.
- Payout frequency: Every 10 business days, with a $10,000 cap per two cycles
- single trade/day profits over 50% reduced to 50%.
- Maximum drawdown: 5%-8% overall, static in two/three-step, trailing in one-step.
- Daily drawdown limit: 2%-4% of balance, reset daily.
- Comparison: Maven’s 80% split is lower than The 5%ers (100%) or FundedNext (95%)
- its 10-day payout cycle is faster than The 5%ers’ bi-weekly but slower than Instant Funding’s 24-hour processing.
Leverage & Trading Conditions
- Leverage: Up to 1:75 for forex, 1:50 for indices, 1:20 for commodities, 1:10 for crypto.
- Lot size restrictions: Max lots = account size / 2.5 (e.g., 40 lots for $100,000).
Allowed & Restricted Trading Strategies
Allowed Trading Strategies
- Scalping: Short-term trades, but over 75% of trades under 1 minute considered gambling.
- Swing Trading: Holding positions for days or weeks, including overnight/weekend.
- News Trading: Allowed, but no new trades or straddling within 2 minutes of high-impact news unless results would hold without the event.
- Expert Advisors (EAs): Supported, provided they avoid prohibited strategies.
- Weekend Holding: Permitted with swap-free accounts.
Restricted Trading Strategies
- Arbitrage Trading: Exploiting price discrepancies or glitches.
- High-Frequency Trading (HFT): Trades held for seconds or exploiting demo delays.
- Martingale/Grid Trading: Increasing positions in losing trades or layered orders.
- Gambling Practices: Over 75% of trades without stop-loss
- under 1 minute
- or exceeding lot limits.
- Toxic Order Flow: Long/short arbitrage
- reverse arbitrage
- or tick scalping.
How Long Does It Take to Get Funded by Maven Trading?
- Challenge duration: Unlimited, with no minimum trading days, though traders must trade actively to avoid inactivity breaches.
- Evaluation speed: One-step can take days
- two/three-step takes 1-4 weeks, with funding within 24-48 hours post-KYC.
- User experiences: Traders commend fast funding and KYC processes, but some face issues for consistency violations.
How Long Has Maven Trading Been Around?
Maven has been operating since 2022, with over $60 million in funding provided to traders. Its 4.6/5 Trustpilot rating and 60,000+ Discord community reflect strong trader engagement, but its short history compared to The 5%ers (since 2016) or FTMO (since 2014) suggests caution.
Who Owns Maven Trading? (Founder & Company Background)
Founder(s): Jon Alexander, Noam Korbl, co-founder with a finance degree from Monash University, also founded Hearing Choices. Company headquarters: Vancouver, Canada (Maven Trading Group Ltd). Mission & vision: To empower traders with low-cost, transparent funding programs and robust support, fostering skill development. Regulatory status: Unregulated, partners with regulated brokers like Purple Trading and Match-Prime for execution.
What Can You Trade with Maven Trading? (Supported Markets & Assets)
Markets offered: Forex (40 pairs), indices, commodities, cryptocurrencies. Forex pairs: Major, minor, and exotic pairs (e.g., EUR/USD, USD/JPY). Indices & commodities: S&P 500, NASDAQ, gold, silver, oil. Crypto trading: Bitcoin, Ethereum, and 400+ crypto instruments. Restrictions: No HFT, Martingale, or toxic order flow, lot size limits apply.
Does Maven Trading Offer Education & Trader Support? (Learning Resources & Coaching)
Limited, basic FAQs and blog posts, no webinars or courses. Trader development: Performance analytics via dashboard, but no formal coaching. Coaching programs: None, support focuses on technical assistance. Community & networking: 60,000+ member Discord community for strategy sharing and payout proofs, highly active.
How Good is Maven Trading’s Customer Support? (Response Time & Availability)
Support channels: Live chat, email, Discord, available 24/7. Response times: Typically within hours, praised for staff, but generic responses reported for payout disputes. Operating hours: 24/7 support claimed, though some delays during peak times. ? Trader feedback: Positive for quick KYC and setup, negative for unhelpful responses for spread concerns.
Is Maven Trading a Scam or a Legit Prop Firm?
Maven Trading is a legitimate prop firm, verified by Canadian registration (Maven Trading Group Ltd), a 4.6/5 Trustpilot rating from 3,305 reviews, and $60 million in payouts to over 5,000 traders. Its partnerships with regulated brokers like Purple Trading and Match-Prime, along with transparent rules, bolster credibility. However, concerns include high forex spreads, restrictive payout policies (e.g., $10,000 cap per two cycles, 50% profit cuts for single trades), and occasional payout issues for “inconsistent trading” or technical breaches like VPN use. Social media posts praise fast payouts and support but warn of spread costs and rule enforcement. Compared to FTMO or The 5%ers, Maven’s affordability is a draw, but its newer status suggests caution.
Alternatives to Maven Trading – How It Compares
- FTMO: Higher trust score (4.9/5), 90% split, but stricter news trading rules and no US traders. The 5%ers: Up to 100% split, no crypto, excludes US traders, and more established (since 2016). FundedNext: 95% split, 15% challenge profits, but higher fees.
Final Verdict – Should You Trade with Maven Trading?
Maven Trading is ideal for traders seeking affordable challenges (starting at $15), flexible evaluations, and crypto trading, with a strong Discord community and buyback feature. Its no-time-limit evaluations and scaling to $1 million appeal to beginners and experienced traders alike. However, high spreads, restrictive payout policies ($10,000 cap, 50% profit cuts), and payout denials for vague reasons raise concerns compared to FTMO or The 5%ers. The unregulated status and short history since 2022 further suggest caution. Traders should research recent Trustpilot and social media feedback, test smaller accounts, and ensure compliance with consistency rules to mitigate risks in 2025.
