Number of new users
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The proportion of funding
6 months
Maverick Trading requires a minimum deposit of $5,000 to begin trading. This deposit is categorized as a "risk capital" deposit, which means it is held by the firm and can be withdrawn at any time, although it is meant to cover potential losses incurred during trading activities.
While the standard minimum deposit is set at $5,000, this amount is specifically for traders entering the associate levels (levels one and two). Once traders advance to higher levels, they may have access to greater capital without needing to provide additional risk capital, contingent upon management approval and demonstrated trading success.
The $5,000 minimum deposit is consistent across regions, but potential traders should check for any local regulatory requirements or additional fees that may apply based on their location.
Maverick Trading's minimum deposit is relatively high compared to other proprietary trading firms. For instance, firms like FTMO and The5ers have minimum deposits ranging from $39 to $155, making Maverick a more significant financial commitment for traders.
Maverick Trading offers several deposit methods to facilitate the funding of trader accounts. These methods include:
Maverick Trading primarily supports deposits in USD. Traders from other regions should confirm the currency conversion process if depositing in another currency.
For quick access to trading capital, credit/debit cards and e-wallets are recommended due to their instant processing times. For larger deposits, bank transfers are advisable despite the longer processing period.
If applicable, the mobile app deposit process typically mirrors the website process, allowing traders to deposit funds on the go.
Deposits via credit/debit cards and e-wallets are typically credited instantly, while bank transfers may take 3-5 business days to reflect in your account.
Q1: What is the minimum deposit required to start trading with Maverick Trading?
A1: The minimum deposit required is $5,000, categorized as a risk capital deposit.
Q2: What deposit methods does Maverick Trading accept?
A2: Maverick Trading accepts bank transfers, credit/debit cards, e-wallets, and local payment methods.
Q3: How long does it take for deposits to be processed?
A3: Credit/debit card and e-wallet deposits are typically processed instantly, while bank transfers may take 3-5 business days.
Q4: Can I withdraw my deposit at any time?
A4: Yes, the risk capital deposit can be withdrawn at any time, but it is advisable to maintain it to continue trading.
Q5: What should I do if my deposit fails?
A5: Check your payment details for accuracy and ensure you have sufficient funds. If issues persist, contact Maverick Trading support for assistance.
This comprehensive guide to Maverick Trading's deposit requirements, methods, and processes aims to equip prospective traders with the necessary knowledge to navigate the initial stages of their trading journey effectively. For any further questions, it is advisable to consult the official Maverick Trading website or their customer support.