Maven Trading review
Maven Trading is a prop trading firm founded in 2022 by CEO Jon Alex, registered in British Columbia, Canada, with an operating entity (Maven Edu – FZCO) based in Dubai. It has grown into one of the higher-volume names at the budget end of the funded-trader category, built on low headline pricing — entry fees as low as $13–$15 — across four parallel evaluation formats: 1-, 2- and 3-step Challenges plus an Instant Funding track, on simulated accounts from $2,000 to $100,000 that can scale toward $1 million. The caveats are the ones common to the category: accounts are simulated rather than live, the firm is not financially regulated, and third-party reviewers report recurring complaints about spread widening and payout friction.
Maven Trading key facts
- Website: maventrading.com
- Category: Prop trading firm
- Founded: 2022
- Headquarters: Vancouver, Canada
- Model: 1-, 2- or 3-step Challenge, or Instant Funding
- Account sizes: $2K–$100K (scaling to $1M)
- Profit split: 80%
- Payouts: ~10 business days (faster on Instant)
- CEO: Jon Alex
- FYI Score: 84.9/100 (ranked #15 of the 63 prop trading firms we track)
Rules and risk
- Drawdown mechanics differ by track: the 1-Step uses a 5% trailing max drawdown, the 2-Step a static 8%, the 3-Step a static 3%, and Instant Funding a 3% trailing cap — daily loss limits scale with them (3%, 4%, 2% and 2% respectively).
- Most tracks carry no minimum trading-day requirement and no published time limit.
- Leverage is reported at up to 75:1 on forex and 20:1 on commodities/indices; prohibited practices include martingale/grid strategies, excessive sub-1-minute scalping, and trading within two minutes of high-impact news.
- Not financially regulated — accounts are simulated, and disputes are handled under Maven's own terms rather than a financial regulator.
Payouts, scaling and other formats
- Standard profit split is 80% across the 1-, 2- and 3-step tracks and Instant Funding; Maven advertises scaling toward 90% with sustained account growth, plus a separate, faster-paying 70%-split Mini format.
- Payouts run roughly every 10 business days on the standard tracks; some third-party reviews describe a rolling payout cap (around $10,000 per 30-day cycle) on certain account types.
- Alternative formats include a 24-hour, single-open-trade Instant Funding Mini and a Buy Now, Pay Later plan that defers most of the challenge fee to a later date.
- Maven's own site reports (self-stated, unaudited) over 300,000 traders served, 50,000+ funded traders, 115,000+ Discord members and $200M+ in total funding distributed.
Maven Trading evaluation challenges
| Challenge | Steps | Profit target | Max drawdown | Profit split | Price |
|---|
| 1-Step Challenge | 1-step | 8% | 5% | 80% | from $15 · $2K–$100K |
| 2-Step Challenge | 2-step | 8% | 8% | 80% | from $19 · $2K–$100K |
| 3-Step Challenge | 3-step | 3% | 3% | 80% | from $13 · $2K–$100K |
| Instant Funding | — | — | 3% | 80% | from $15 · $2K–$100K |
Markets
Forex, Indices, Commodities, Crypto
Platforms
MetaTrader 5, cTrader, Match-Trader
Who Maven Trading is for
A low-cost way for an active forex or crypto trader to try several evaluation styles cheaply, though the spread and payout-cap complaints in third-party reviews are worth weighing against the headline pricing — and the account itself is simulated rather than a live brokerage account.
Pros
- Very low entry pricing (from roughly $13–$15) across four evaluation formats, most with no minimum trading-day requirement.
- Broad platform choice (MetaTrader 5, cTrader, Match-Trader) and multi-asset access across forex, indices, commodities and crypto.
- Large, actively engaged community and a fast-growing self-reported trader base, with a fixed, published payout cycle.
Cons
- Not financially regulated, and accounts are simulated rather than live.
- Third-party reviewers report recurring complaints: spreads (especially gold) widening after funding, payout denials over rule technicalities, and a Trustpilot page Maven itself says is no longer actively moderated for spam.
- Corporate structure spans multiple jurisdictions (British Columbia registration, Dubai operating entity) — typical of the category, but worth checking terms before funding an account.
- Reported rolling payout caps and strict rule enforcement (e.g., a two-minute news-trading blackout) that some reviewers say are easy to trip by accident.
Maven Trading FAQ
Is Maven Trading legit?
Maven Trading is a real, operating prop firm founded in 2022 by CEO Jon Alex, with thousands of Trustpilot reviews (roughly 4.3–4.6 out of 5). The company itself notes its Trustpilot page is no longer actively moderated for spam and directs users to Feefo for verified feedback. It is not a regulated broker, and its accounts are simulated rather than live trading accounts.
What evaluation options does Maven Trading offer?
Four main tracks: a 1-Step Challenge (8% target), a traditional 2-Step (8% then 5%), a 3-Step (3% per phase), and Instant Funding, which skips the evaluation entirely. There are also promotional variants such as a 24-hour Instant Funding Mini and a Buy Now, Pay Later plan. Account sizes run from $2,000 to $100,000 and can scale toward $1 million.
How does the profit split and payout work?
Standard profit split is 80% across the 1-, 2- and 3-step tracks and Instant Funding, with Maven advertising scaling toward 90% as accounts grow; the Mini format pays 70%. Payouts run roughly every 10 business days on standard accounts, though some reviewers report a rolling cap of around $10,000 per 30-day cycle on certain account types.
What are the drawdown rules?
They vary by track: the 1-Step uses a 5% trailing maximum drawdown with a 3% daily loss limit, the 2-Step an 8% static drawdown with a 4% daily limit, the 3-Step a 3% static drawdown with a 2% daily limit, and Instant Funding a 3% trailing drawdown with a 2% daily limit and a 20% single-day consistency cap.
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