What is maventrading.com?
Maventrading.com is an online platform that operates as a proprietary trading firm, offering simulated Forex trading challenges designed to identify skilled traders.
Successful participants are granted access to “simulated funded accounts” and can earn a profit split from their virtual earnings.
How does the maventrading.com challenge work?
The maventrading.com challenge involves paying an upfront fee to access a simulated trading account.
You must meet specific profit targets while adhering to strict daily and overall drawdown limits. Is inkspa.com a Scam?
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If successful, you proceed to a “funded” simulated account where you can earn a profit split, typically 80%.
Is the fee for maventrading.com challenges refundable?
Yes, the challenge fee for maventrading.com is stated as “refundable,” but this refund is contingent upon successfully passing the entire challenge and becoming a “funded” trader.
If you fail to meet the challenge criteria, the fee is generally forfeited.
What are the different challenge types offered by maventrading.com?
Maventrading.com offers several challenge types: 1-Step, 2-Step, 3-Step, Instant, and Mini challenges.
Each type has varying profit targets, drawdown rules, and payout structures. Betterme-fasting.com Review
Does maventrading.com have time limits on its challenges?
No, maventrading.com explicitly states “No time limits on challenges” for most of its programs, allowing traders to complete the evaluation at their own pace without arbitrary deadlines. The Mini challenge focuses on trading hours.
Are maventrading.com accounts swap-free?
Yes, maventrading.com advertises that its challenges and accounts are “Swap Free,” meaning there are no overnight interest charges on open Forex positions.
What is the profit split for funded traders on maventrading.com?
Maventrading.com offers a competitive profit split of 80% to successful “funded” traders, meaning they keep 80% of the virtual profits generated in their simulated accounts.
How often are payouts made on maventrading.com?
For most challenges, payouts on maventrading.com are processed every 10 business days.
The “Mini” challenge specifically states “IMMEDIATE” payout frequency. How to Get Started with ecmeetings.com
What are the drawdown limits on maventrading.com challenges?
Maventrading.com challenges feature strict drawdown limits, including both a daily drawdown limit (e.g., 2% or 4% of initial balance/equity) and an overall drawdown limit (e.g., 3%, 5%, or 8% trailing or static drawdown). Exceeding these limits results in failure.
What virtual capital sizes can I select for a maventrading.com challenge?
Maventrading.com allows you to select virtual capital sizes ranging from $2,000 up to $100,000 for your trading challenges.
Does maventrading.com offer customer support?
Yes, maventrading.com advertises “Customer support available 24/7” and encourages users to “Get Support on Discord” or “Join our Discord community.”
Where can I find maventrading.com reviews?
Maventrading.com highlights a “Trustpilot 60k+ Traders” section on its homepage, linking directly to its Trustpilot review page, where users can find external reviews and feedback.
Is Forex trading on maventrading.com halal (permissible in Islam)?
Maventrading.com’s blog addresses the question “Is Forex Trading Halal?” stating that it “can be halal or haram depending on how it’s done.” While they offer “swap-free accounts,” the speculative nature of Forex trading and the challenge model itself may still raise concerns regarding riba (interest), gharar (excessive uncertainty), and maysir (gambling) from an Islamic finance perspective. How to Get Started with Headout.com
It is generally advised to consult with knowledgeable Islamic scholars on such matters.
What platforms can I use for trading on maventrading.com?
The homepage mentions “Select your Platform” during the purchase process, implying that users can choose a compatible trading platform, likely industry standards like MetaTrader 4 or MetaTrader 5, although specific platforms are not explicitly named on the main page.
What is the “Unique Buyback Feature” mentioned by maventrading.com?
The homepage lists “Unique Buyback Feature” as a special feature for some challenges, but the specific details or mechanics of this feature are not explained on the main page and would require further investigation into their detailed terms.
What assets can I trade on maventrading.com’s simulated accounts?
Maventrading.com states that their platform is designed for all traders, offering a wide range of “virtual tradable pairs,” including “400+ assets, FX majors & minors equities” on simulated accounts.
How many traders are on maventrading.com’s Discord community?
Maventrading.com claims to have “80k+ Discord Members” in its community, indicating an active and large user base for support and interaction. Is ecmeetings.com Real or Fake?
Is maventrading.com regulated by any financial authority?
Maventrading.com’s homepage does not provide explicit information about specific financial regulatory oversight.
Proprietary trading firms often operate in a less regulated space compared to traditional brokerages, which means standard consumer protections may not apply.
Can I hold positions over the weekend with maventrading.com?
Yes, maventrading.com lists “Weekend Holding” as a special feature for its challenges, allowing traders to keep positions open over the weekend.
What is the minimum trading day requirement for maventrading.com challenges?
Maventrading.com states “Minimum trading days 0” for most challenges, providing flexibility for traders.
The Mini challenge specifies “Minimum trading hours 0.” My Experience Browsing Headout.com
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