Hi All, I have been working with Maverick currencies for approx. 5 months now and wanted to share a review of my experience for anyone who is considering joining them. I learnt of Maverick through a podcast called The Trading Psychology Podcast which features a trader/author by the name of VP and is cohosted by Robb Reinhold from Maverick. The two of them discuss the psychological world of trading and the roller coaster of emotion you can expect when entering such a domain. I was/am brand new to trading and only developed an interest after searching for ways to help a friend that was succumbing to all the stereotypical horror stories you find from those that enter markets to make a quick buck. As I learnt more the appeal of being able to apply a systematical approach to draw a future additional income appealed to my personality and I made the decision to apply any extra free time to learning how to develop my skills and understanding of the trading business. Why Maverick – I was endeared to the nature in which the topics and content of the podcast were delivered. It felt to me a very honest account of what to expect and provided a wealth of considerations which I could apply focus to. I had the feeling that if I were to work for a company, I would want it to be with people like that, however until looking through the Maverick currencies site I had no idea of their desire to take on and mentor new traders. There is a wealth of information you can learn for yourself online, however in my experience most was anchored into trying to sell you something, and so I thought it best to enter a community of experienced traders where the focus was for us to be mutually profitable. The Interview – More of a getting to know one another to see if you are a suitable fit for each another. A very pleasant experience with everything laid out clearly and time given, after acceptance, to decide and make sure it is right for you. They also give you access to the training platform during this time so you can play around and experience how it all works. That really helped in my decision as it felt very well put together. Training – There are a series of online modules and tests that you have to complete followed by time spent in a practice account. I found these very well put together and you are assigned coaches for the each of the progressing units who help and encourage you to not only learn their methods, but also create your own trading plan. Scheduling time with the coaches was easy and there was an abundance of times to choose from throughout the day. You do have to take the initiative with all of the help that is offered, nobody is going to be chasing you as are free to go at your own pace, however, help and assistance is always there whenever you request it. Fees – I did hesitate for a moment prior to accepting their offer as there are reviews out there which talk of Maverick being a scam and a rip off in regard to the fees that are charged. In the end I decided to make my decision based on the experience I’d had with the people/company and not that of an unknown person ranting online. Yes, there are fees and dependent on your circumstance / perception these could appear high. My mindset is that this a long-term investment and I want to give myself the best possible chance of being successful. Maverick is a business, and they have to weigh out the risk/reward of taking on someone new that is unknown and unproven to them. I think the business model is incredibly smart and makes a lot of sense when you take it all into consideration. In my opinion It encourages, supports and rewards those that are willing to work and be disciplined in their trading career. In conclusion I have no regret embarking on my trading journey with Maverick. The training and ongoing support has been incredible, and I feel like I'm progressing every day. If I were to do one thing differently, I would have started watching their daily currency recaps from the start vs after going live, although maybe that would have been information overload, who knows!
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We train new traders and we fund profitable traders.
As one of the best proprietary trading firms in the industry, Maverick Trading offers its traders comprehensive training, extensive support and mentoring, and substantial capital. Unlike a common day trading firm, Maverick Trading is noted as a top swing and position trading firm (holding positions from a few days to a few months). This time horizon allows the firm to offer its traders flexible hours and the ability to start part-time and transition into full-time trading. Prop trading is a mentally engaging, challenging profession where diligence and consistency translate directly into financial reward. In other words, this is truly meaningful work. The firm's traders have the opportunity to practice their craft from anywhere in the world via high-speed internet.
Our Firm:
Started in 1997, Maverick Trading is one of the most experienced prop trading firms and is ranked as one of the top trading companies in the industry, accepting and funding experienced traders as well as teaching motivated people from all backgrounds how to become traders. The firm’s Maverick Currency Division has been actively trading the Currency markets since 2009. As a result of a long track record of success, the firm has the capital to back and fund its traders with meaningful amounts of capital.
Trading the Firm’s Funds:
Each trader starts live trading with a minimum of a $10,000 account ($500,000 in buying power) and keeps 70% to 80% of trading profits. As you gain experience and demonstrate consistent profitability you become eligible for greater amounts of the firm’s capital. Profitable traders are also eligible for Performance Bonuses.
Maverick Trading: Empowering the world one trader at a timeSee more
