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Maverick Trading foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://mavericktrading.com/application-3-a, about the company's legal and temporary regulatory information, the company's address 1910 E. Ft. Union Blvd, Salt Lake City, UT 84121.

Maverick Trading Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
Maverick Trading
Abbreviation
Maverick Trading
Company employee
--
Customer Service Email Address
support@mavericktrading.com
Contact Number
+19402175826
Company address
1910 E. Ft. Union Blvd, Salt Lake City, UT 84121
Keywords
5-10 years
Suspicious Regulatory License
High potential risk

Company profile

Maverick Trading Review Summary Founded 1997 Registered Country/Region United States Regulation No Regulation Market Instruments Stocks, Options, Forex, and Crypto Customer Support Phone: (940) 217-5826 Email: support@mavericktrading.com Twitter, Facebook, and Linkedin What is Maverick Trading? Established in 1997, Maverick Trading, registered in the United States, is a proprietary trading firm (prop firm) with a focus on training traders. It offers educational programs and mentorship to help individuals develop their skills, and provides capital for qualified traders to use, allowing them to trade with larger sums than they could on their own. Maverick Trading operates in two main divisions: Stocks and Options Trading and Forex and Crypto Trading. However, it operates without valid regulation. Pros & Cons Pros Cons Comprehensive Training Lack of Regulation Proprietary Trading Strategies High-Performance Expectations Diverse Market Instruments Limited Information Pros: Comprehensive Training: Maverick Trading offers thorough training programs to help new traders develop the skills and knowledge needed to succeed in the financial markets. Proprietary Trading Strategies: The firm provides traders with access to proprietary trading strategies, software, and rules-based tactics that can enhance trading performance. Diverse Market Instruments: Maverick Trading offers trading opportunities in stocks, options, forex, and crypto, allowing traders to diversify their portfolios. Cons: Lack of Regulation: Maverick Trading is not regulated by any financial regulatory authority, which leads to concerns about the safety of funds and the integrity of the trading environment. High-Performance Expectations: The firm's focus on consistent profitability creates pressure for traders to perform, which can lead to increased stress and risk-taking behavior. Limited Information: Specific information about costs and fees is not detailed. Proprietary trading firms typically charge fees or take a percentage of profits, which can reduce overall profitability for traders. Is Maverick Trading Safe or Scam? Determining whether Maverick Trading is safe or a scam is difficult. However, there are some red flags indicating risks. Firstly, Maverick Trading is not regulated by any financial regulatory authority. This lack of regulation can lead to questions about the safety of funds and the integrity of the trading environment. Additionally, while Maverick claims that traders keep 70-80% of the profits that they make, there is limited information about the costs and fees on the official website. Market Instruments Maverick Trading offers two main programs with different market instruments. Stocks and Options Trading: This program is designed for traders interested in trading stocks and options. Traders in this program receive a funded trading account from Maverick Trading, along with training and support to help them trade successfully. Forex and Crypto Trading: This program is focused on forex and crypto trading. Traders in this program receive a funded trading account, training, and support from Maverick Trading. And they can trade forex and crypto assets using the firm's proprietary trading strategies and tools. How to Join Maverick and Become a Trader? Maverick Trading offers a structured path for traders to become successful through its program. Apply to Join: Interested individuals can apply to join Maverick Trading to determine if a career in trading is a good fit for them. This step allows Maverick Trading to assess the applicant's background, skills, and suitability for the program. Complete Program: Once accepted, traders go through a comprehensive training program that includes using simulators, taking tests, and participating in strategy courses. This phase is designed to improve trading skills and knowledge. Prove Trading Success: Traders are required to demonstrate their ability to implement their trading plan, manage risk effectively, and generate profits. This step is crucial for showing readiness to trade with Maverick Trading's capital. Trade Maverick's Capital: After proving trading success, traders are given the opportunity to trade with Maverick Trading's capital. They can keep 70-80% of the profits they generate and are paid out monthly. Customer Service Maverick Trading offers several customer support channels for traders. Phone: You can contact Maverick Trading's customer support team by phone at (940) 217-5826 for assistance with any questions or issues. Email: You can also reach out to Maverick Trading's customer support team via email at support@mavericktrading.com. Social Media: Maverick Trading maintains a presence on social media platforms such as Twitter, Facebook, and Linkedin. Conclusion In conclusion, Maverick Trading is a well-established proprietary trading firm that offers comprehensive training programs and access to proprietary trading strategies. While it presents a unique opportunity for aspiring traders, particularly those interested in options or forex/crypto markets, a major red flag is the lack of regulation. We advise you to research carefully and evaluate your risk tolerance and trading goals before joining. Frequently Asked Questions (FAQs) Q: Is Maverick Trading regulated? A: No, Maverick Trading operates without regulation. Q: What market instruments can I trade with Maverick Trading? A: Maverick Trading offers trading opportunities in stocks, options, forex, and crypto. Q: How often are traders paid out when trading with Maverick Trading's capital? A: Traders can keep 70-80% of the profits they generate and are paid out monthly. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

How to login to Maverick Trading?
Maverick Trading Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Maverick Trading Account To start your journey with Maverick Trading, you need to complete the registration process. Heres a step-by-step guide: Access

  

Maverick Trading Broker - Complete Information Guide

  

1. Broker Overview

  Maverick Trading, founded in 1997, is a proprietary trading firm headquartered in Salt Lake City, Utah, USA. As a privately held company, it has established itself as a significant player in the financial trading industry, particularly for traders looking to leverage firm capital for trading activities. The firm's primary markets include stocks, options, and forex, catering to both experienced traders and those aspiring to enhance their trading skills.

  Over the years, Maverick Trading has achieved several milestones, including the development of a comprehensive training program that emphasizes risk management and trading discipline. The firm operates under a unique business model that allows traders to utilize the company's capital, which minimizes individual financial risk while maximizing potential profit.

  Maverick Trading's business model revolves around providing traders with the necessary resources, education, and mentorship to succeed in the competitive trading landscape. The company's capital-sharing initiative aligns the interests of both the firm and its traders, fostering a collaborative environment aimed at mutual success.

  

2. Regulatory and Compliance Information

  Maverick Trading operates without regulation from any major financial authority, which raises some concerns regarding the safety of client funds and the integrity of its trading environment. The lack of regulatory oversight means that the firm does not fall under the purview of any regulatory bodies, making it essential for potential clients to conduct thorough due diligence before engaging with the broker.

  While Maverick Trading emphasizes the protection of its clients' personal information, it does not participate in investor compensation schemes, which are typically designed to safeguard client investments in the event of a broker's insolvency. The firm adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, ensuring that it verifies the identity of its clients to prevent fraudulent activities.

  Overall, the absence of regulation and investor protection mechanisms is a critical consideration for anyone looking to trade with Maverick Trading.

  

3. Trading Products and Services

  Maverick Trading offers a diverse range of trading products, including:

  • Forex Pairs: The firm provides access to a wide array of currency pairs, catering to both major and minor currencies.
  • CFD Products: Traders can engage in contracts for difference across various asset classes, including indices, commodities, stocks, and cryptocurrencies.
  • Special Products: Maverick Trading focuses heavily on options trading, providing unique strategies and tools tailored for options traders.

  The firm continuously updates its product offerings, ensuring that traders have access to the latest market trends and opportunities. While it primarily serves retail traders, Maverick Trading also extends its services to institutional clients, offering tailored solutions to meet their trading needs.

  

4. Trading Platforms and Technology

  Maverick Trading does not provide a proprietary trading platform. Instead, traders must utilize platforms from partnered brokers or third-party services. The firm supports MetaTrader 4 and MetaTrader 5, popular platforms known for their robust trading capabilities.

  Traders can access a web-based trading platform, allowing for flexibility and convenience in executing trades. Additionally, mobile applications are available for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.

  The execution model employed by Maverick Trading is not explicitly defined; however, it is essential to note that the firm emphasizes a collaborative trading environment and provides traders with the necessary tools to enhance their trading experience.

  

5. Account Types and Trading Conditions

  Maverick Trading offers various account types, each designed to meet the needs of different traders:

  • Standard Account: Requires a minimum deposit of $5,000. Specific conditions regarding spreads and commissions are disclosed only after passing the interview process.
  • Advanced Accounts: Available for experienced traders, offering enhanced trading conditions and benefits.
  • Special Accounts: Options for Islamic accounts and corporate accounts may be available upon request.
  • Demo Accounts: While there is no traditional demo account, the firm provides simulators for testing trading strategies without financial risk.

  Leverage ratios vary depending on the asset class, and traders can expect a minimum trading lot size that aligns with industry standards.

  

6. Fund Management

  Maverick Trading supports various deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies by account type, with the initial risk deposit set at $5,000.

  Deposit processing times are generally prompt, and there are no fees associated with deposits. However, withdrawal methods are limited to bank transfers or ACH, with a maximum withdrawal frequency of once per month. Withdrawals typically take 5 business days to process, and there are no fees charged for transferring funds to a trader's personal account.

  

7. Customer Support and Educational Resources

  Maverick Trading provides several customer support channels, including:

  • Phone Support: Available during business hours.
  • Email Support: Traders can reach out via designated email addresses for assistance.
  • Social Media: The firm maintains a presence on platforms like Twitter, Facebook, and LinkedIn.

  The educational resources offered by Maverick Trading are extensive, including webinars, tutorials, and eBooks designed to enhance traders' knowledge and skills. Daily market analysis and research reports are also available, providing traders with insights into market trends and opportunities.

  

8. Regional Coverage and Restrictions

  Maverick Trading primarily serves clients in the United States, with a focus on experienced traders looking to leverage the firm's capital. The firm has a presence in various regions but does not accept clients from certain jurisdictions due to regulatory restrictions.

  Overall, Maverick Trading has built a reputation as a leading proprietary trading firm, offering a unique blend of education, capital access, and support for traders. While it presents an attractive opportunity for those serious about trading, the lack of regulation and high entry costs may deter some potential clients.

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Latest Reviews

亻鸟Besos

亻鸟Besos

United Kingdom

Super learning platform! Educational resources are very rich! They offer a range of simulators, tests and strategy courses to help us, novice traders, improve our trading skills. This is really friendly to newbies who are new to investment and interested in investing and can relieve a lot of doubts, so you don't have to think about trading by yourself.

Positive

2023-03-20

八月31968

八月31968

United States

They offered top-notch support, not only for their trading platform but also for educational ones, and helped me with my deposits and withdrawals, never had any real problems with them and I'm sure we gonna be partners for a long time.

Positive

2023-03-02

Maverick Trading Forex Broker has an overall rating of 1.52, Regulatory Index 0.00, License Index 0.00, Business Index 7.10, Software Index 4.00 Risk Control Index 0.00.
Maverick Trading