Maven

Maven

CEO: Jon Alexander
Saint Lucia
Trustpilot: 4.4
TP Score (0 reviews)

About Maven

Maven, based in Saint Lucia, was established in November 2022. It is a CFD firm offering program types 1 Step, 2 Steps, and Instant. Account sizes range from $2,000 to $200,000. Platforms supported include MT5, MT4 and Match Trader. Tradable instruments include major forex pairs such as EURUSD and GBPUSD, XAUUSD (gold), and indices US30 and UK100; leverage is 30:1.

Key Information

Platforms
Match Trader, MT5
Max Accounts
Unlimited
Max Allocation
$200K
Min Days to Payout
14
Founded
Profit Split

Quick Stats

PlatformsMatch Trader, MT5
BrokerDatafeed Provider
Activation FeeNone
Drawdown TypesTrailing, Static
Payout Frequency10 Business Days
Fee StructureOne-Time
Account TypeDemo

Trading Rules

News Trading
Restricted
Weekend Holding
Allowed
EA / Bots
Not Allowed
Copy Trading
Restricted
Overnight Holding
Yes
Hedging
Yes
Scalping
Yes
Consistency Rule
Yes
HFT Allowed
No
Martingale
No
Swap Free
Yes
IP Consistency
Yes

Consistency Rule: Traders must adhere to the "All-in Rule" and "Gambling Rule," which prevent drastic changes in lot size (no more than 100% increase or 50% decrease from average) to ensure professional trading behavior.

EA Details: Use of external EAs, scripts, or automated trading bots is strictly prohibited. Manual trading only.

News Trading Details: No new trades or closing of trades permitted 2 minutes before and 2 minutes after high-impact (Red Folder) news events. This applies to funded accounts.

Drawdown Basis: Equity

Drawdown Measurement: Relative

Funding & Account

Fee Structure
One-Time
Account Type
Demo
Fee Refundable
Yes
Free Trial
No
Free Retry
No
Reset Option
Yes
Buyback Option
Yes
US Traders
No
KYC Required
Yes

Reset Fee: Fees vary based on the specific account size and current drawdown status.

Account Currencies:
USD

Available Instruments

Forex
Commodities
Indices
Crypto

Payout Policy

Profit Split
Payout Frequency
10 Business Days
First Payout
14 days
Processing Time
24 - 48 Hours
Payout Methods
Bank Transfer
Crypto
Riseworks

Scaling Plan

Conditions: 10% net profit over 4 consecutive months with at least 1 payout requested per month. For the Instant Funding model, the account size doubles once a profit target of 9% is reached.
Increment: 25%
Max Allocation: $1.0M

Forex Details

Commission
$4.00 Round Turn
Max Lot/Order
50

Spreads & Commissions

Asset ClassAvg. SpreadCommission
forex4.0 – 6.0 Pips$4.00 per Round Lot
metals5.0 – 8.0 Pips$6.00 per Round Lot
cryptoVariable0
indices1.5 – 3.0 Points0
commodities2.0 – 4.00

Banned Countries (25)

Afghanistan
Belarus
Burkina Faso
Burundi
Central African Republic
Congo (Kinshasa)
Cuba
Eritrea
Guinea
Guinea-Bissau