Jeremy Biberdorf
By: Jeremy Biberdorf
Nov 3, 2023

Maverick FX Review 2024

Jeremy Biberdorf
By: Jeremy Biberdorf
Nov 3, 2023

Disclosure

Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
Maverick FX Logo

4.7/5

4.7 rating based on 5 ratings

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In a Nutshell: Maverick FX is a product from Maverick Trading, a firm that has etched its name as a robust proprietary trading partner. They offer a platform for traders to amplify their potential. With an emphasis on Forex Trading, Maverick FX arms its traders, termed as remote traders, with the resources and support necessary for success in the volatile currency markets.

The firm stands out for its comprehensive training program and proprietary trading strategies, tailored to various skill levels. From novice traders taking their first steps to expert traders refining their strategies, Maverick FX presents a broad market of opportunities.

The onboarding process at Maverick FX is thorough, ensuring that only the most committed and capable traders join the ranks. This includes extensive training and a coaching program to guide prospective traders through the nuances of the financial markets.

Service TypeBest For
Proprietary Forex Trading Firm
Platinum - $939
Traders seeking educational resources
Pros & Cons
Pros
  • Access to extensive training and ongoing coaching
  • Profitable trades yield a performance bonus
  • Variety of proprietary trading strategies to learn
  • Capital sharing program for successful traders
  • No monthly goals, focusing on long-term goals
Cons
  • Performance bond required for portfolio exposure
  • Not suitable for traders looking for quick, high-risk gains
  • A critical question of commitment level due to the rigorous onboarding process

Who is Maverick FX for? Finding Your Trading Path

maverickcurrencies.com website

Maverick FX caters to a diverse range of traders:

  • Those new to forex markets seeking a comprehensive education
  • Experienced traders aiming to leverage a firm’s capital for larger trades
  • Individuals looking for a professional level of risk management strategies

Check out our detailed Maverick Trading review for more information on how this proprietary firm can be part of your trading career.

External Maverick FX Reviews & Ratings

SiteRating
Trustpilotmavericktrading trustpilot review
Online Prop Trading4.7
Forex Peace Army4.2

Here are some reviews from traders who have experienced the platform firsthand:

“Mavericks provide a great in depth education into options and stock trading. Their understanding is deep and is very helpful to traders trying to find a way to make a living in the markets. They were absolutely essential to building my understanding that was necessary for me to take the leap into making trading my primary focus.”
“As an unexperienced trader with some skills, they took me in and coached me to be the best version of myself. Can’t recommend them enough. They understand just how difficult it is and really work WITH you to help reach your goals.”
“Very happy with the extensive training in not only the options strategies, but also how my personality/strengths and weaknesses will both help me and hurt me in reaching my trading goals. Then taking that and putting it into a workable trading plan has been very helpful!!”
“Maverick provides the structure and platform you need to trade at the professional level. It really does take time and dedication, and after you’ve invested yours you realize the amount that Maverick has done not only to help you, but hundreds of other traders. These are real people with real results, and I hope to stay a part of the community for a long time.”

How Does Maverick FX Work? A Step-by-Step Guide

Joining Maverick FX is a multi-step process, ensuring only dedicated traders make the cut:

  • Application Review: A detailed recruiting process to match the firm’s high standards.
  • Training Program: Candidates undergo a rigorous training program, covering everything from basic to advanced statistics.
  • Prove Your Mettle: Traders must demonstrate consistent trading success in a simulated environment.

Features of Maverick FX: Your Trading Arsenal

Maverick FX isn’t just about Forex Trading; it offers:

  • Maverick Currencies: Specialized focus on currency trading with a wide array of pairs
  • Continuing Education: Ensuring traders stay abreast of market conditions and strategies
  • Risk Managers: Expert risk managers to assist in maintaining strict risk management

Final Thoughts: Is Maverick FX the Right Choice for You?

Maverick FX, with its 4.5/5 rating, is a testament to its commitment to nurturing successful traders. The firm’s approach to training, risk management, and capital sharing positions it as a market leader among prop trading firms.

For those ready to commit to the journey of becoming a professional trader, Maverick FX could be a gateway to new heights. The firm’s investment in its traders is apparent through its performance bonus structure and the opportunity for traders to keep a significant portion of their profits.

Ready to embark on a journey with Maverick FX? Click here to get started with Maverick FX today!

Frequently Asked Questions

Proprietary trading, often referred to as prop trading, involves a financial firm or commercial bank investing for direct market gain rather than earning commission dollars by trading on behalf of clients.
Maverick FX specializes in the Forex market, providing traders with capital, training, and strategic frameworks to engage in currency trading. This positions Maverick FX as a niche player focused on developing skilled Forex traders within the broader prop trading landscape.

Maverick FX’s trader program begins with an extensive onboarding process that includes a detailed trading plan and risk management strategies. Prospective traders must complete a training program and demonstrate their trading skills in a simulated environment.
Successful candidates are then given access to the firm’s capital to trade and can earn up to 80% of the profits they generate.

Maverick FX is designed to accommodate traders of varying skill levels, including beginners. Their comprehensive training program and continuing education modules provide novice traders with the necessary tools and knowledge to develop their trading skills.
However, a commitment to learning and adhering to Maverick FX’s trading protocols is essential for all traders, regardless of experience.

Maverick FX offers a profit sharing program where traders can earn a significant share of the profits generated from their trades. Upon successful completion of the evaluation phase, traders can receive up to 80% of the profits, with the firm retaining a 20% share.
This program is designed to reward profitable trading strategies and successful risk management.

Yes, Maverick FX requires traders to submit a performance bond, sometimes referred to as a risk deposit. This bond serves as a trader’s commitment to adhering to the firm’s trading guidelines and risk parameters.
The amount of the performance bond varies depending on the level of portfolio exposure the trader is granted.

Maverick FX stands out due to its specialized focus on Forex trading, offering a mix of education, technology, and support tailored specifically to the currency markets.
Their profit-sharing model is particularly generous during the challenge phase, and they provide robust ongoing coaching to their traders. Maverick FX also boasts a high level of trader satisfaction, as reflected in their Trustpilot rating.

Maverick FX employs strict risk management strategies that include setting daily and overall loss limits, providing comprehensive risk management training, and offering guidance from experienced risk managers.
The firm’s proprietary software tracks all trades and helps traders adhere to established risk parameters. This structured approach to risk management is a cornerstone of Maverick FX’s operations.

While Maverick FX primarily focuses on Forex trading, they also provide opportunities for trading in other financial markets. Their Maverick Trading division caters to individuals interested in trading stocks and options.
However, the resources, training, and strategies they offer are specifically tailored to each market segment, ensuring traders have the right tools for their chosen trading focus.

Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He’s a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.