Mavin Prop Firm Account Types and Differences

Mavin prop firm account types and differences provides a wide range of account types to accommodate traders with different capital needs and skill levels, making it a comprehensive and adaptable prop trading experience. It is a well-known proprietary trading firm that provides traders looking for sponsored trading opportunities with a variety of account kinds and challenge programs. Mavin prop firm account types and differences, their special features, costs, and trading goals will all be covered in this in-depth analysis.

Pricing Structure and Account Size

Mavin prop firm account types and differences offers a variety of account sizes to suit traders with varying risk tolerances and capital needs. Depending on the challenge type and account size, the cost structure changes:

1-Step Costs and Account Sizes

• Account Size: $5k
• Required Cost: $55
• Account Size: $10k
• Required Cost: $100
• Account Size: $20k
• Required Cost: $180
• Account Size: $50k
• Required Cost: $360
• Account Size: $100k
• Required Cost: $600
• Account Size: $200k
• Required Cost: $1,200
• Account Size: $500k
• Required Cost: $3,000

2-Step Account Sizes and Costs

• Account Size: $5k
• Required Cost: $45
• Account Size: $10k
• Required Cost: $80
• Account Size: $25k
• Required Cost: $150
• Account Size: $50k
• Required Cost: $300
• Account Size: $100k
• Required Cost: $500
• Account Size: $200k
• Required Cost: $1000
• Account Size: $500k
• Required Cost: $2,400

Challenge Types and Goals

There are two main challenge programs available from Maven Trading:

Features of the 1-Step Challenge:

• Minimum Number of Trading Days: None
• Maximum Trading Days: Infinite
• Goal for Phase 1: 9% profit
• Maximum Loss per Day: 4%
• Trailing Maximum Total Loss: 6%
• 80% of the profit is split.
• $500,000 is the maximum capital allocation.

Two-Step Challenge Features:

• Trading Days Minimum: 0 
• Trading Days Maximum: Infinite
• Goal for Phase 1: 9% profit
• Phase 2 Goal: 5% earnings
• 5% is the minimum daily loss.
• 10% is the minimum overall loss.
• 80% of the profit is split.
• $5,000 is the minimum amount of capital allocated.

Unique Features of Trading

Trading platforms and their instruments:

Platforms For Trading

• MatchTrader 
• cTrader: 

Trading Instruments

• Cryptocurrency 
• Commodities
• Indices and 
• Forex

Unique Benefits

• No Time Limit Difficulties
• Swap-free trading
• Weekend holding, 
• Unique buyback feature

Scaling Opportunities 

One unique scaling method provided by Maven Trading is:

• Traders can increase the amount of their original account by 25%.
• After five consecutive profitable payouts, scaling is feasible.
• The highest possible scale of $1,000,000

Competitive Pricing

Maven Trading is one of the most reasonably priced prop firms:

• Lowest Entry Point: $15 for a $2K challenge (Match-Trader)
• Popular Account Size: $19 for a $5K challenge (Match-Trader)
• cTrader Options: Slightly higher pricing ($35 for $2K, $39 for $5K)

Payment and Withdrawal Methods:

Mode Of Payments

• Cryptocurrency 
• Credit/Debit Card

Options for Withdrawal: 

• Bank Transfer, 
• Cryptocurrency 
• Wire Transfer

Company Credentials

• Legal Name: Maven Trading Group
• Registration Number: BC1363148.
• Country Of Registration: United Kingdom.
• CEO: Jon Alexander is the CEO. 

Advantages For Traders

Advantages:

• Low-cost admission
• Various account sizes
• No challenges with a time limit
• A variety of trading tools
• Profit-sharing competition

Disadvantages:

• Stringent limitations on lot size
• Restricted to particular trading platforms
• Consistent performance is necessary for scaling.

In conclusion

With a variety of account types to suit traders with different skill levels and capital needs, Mavin prop firm account types and differences provides a thorough and adaptable prop trading experience. The company is a strong choice for traders looking for funded account prospects because it offers varied trading instruments, inexpensive challenges, and alluring profit-sharing plans.

To choose the best challenge for their trading technique and aims, traders should carefully examine the unique requirements, goals, and constraints of each account type.

Frequently Asked Questions 

1. Which Account Sizes Are Offered By Mavin Prop Firm?

Maven Trading provides a range of account sizes.

• $2,000  
• $5,000
• $10,000,000
• $20,000,000
• $50,000, and 
• $100,000

2. What Is the Process of Scaling?

• Traders are able to increase their initial account size by 25%.
• After five consecutive profitable payouts, scaling is feasible.
• Maximum potential scaling up to $1,000,000

3. How Much Time Does It Take To Get Funded As A Trader?

• There is no time limit on challenges. After the challenge is approved, it takes one to three days to activate the account.

4. What Is Special About Maven Trading?

• Trader-centric philosophy
• Payout structure transparency
• Adaptable trading circumstances
• Supports traders of all experience levels

5. Are There Limitations?

• Required lot size limitations
• 80% is the maximum profit split.
• Must adhere to certain trading regulations.