How much does it cost to join Maverick Trading?

Seeking Advice
1

Hey there, I am thinking about signing up for Maverick Trading, how much does it cost to join Maverick Trading?. Are there any other costs or fees that I should be aware of, such as monthly fees or upfront charges? I would be interested in hearing about any firsthand knowledge or perspectives you may have regarding their pricing schedule and whether the investment is worthwhile.

I appreciate your help in advance.

3 Likes
2

Sure thing! Maverick Trading has a structured way for new traders to get started. Here’s the deal:

First up, there’s a $4,000 lifetime membership fee. This gets you into Maverick’s FX Division for good.

Then, starting from the second month, you pay a $199 monthly desk fee. This covers stuff like trading tools and help.

To actually trade with Maverick’s money, you need to put down $2,000 of your own.

Now, about that big upfront fee – yeah, it’s $6,000. But here’s the catch: you get it back as a bonus once you make your first $6,000 in profits. Oh, and there’s also a $200 monthly tech fee for the trading software.

Some folks like Maverick’s setup because it’s structured and supportive. But others warn about having to put up your own cash. It’s smart to think about what you’re getting into and if it matches your goals and how much risk you’re comfortable with.

Starting small might be a good move. It helps you learn and get steady without diving in too deep financially.

Deciding if Maverick Trading is right for you depends on your own situation, how much risk you can handle, and what you want out of trading. It’s a good idea to do more digging and maybe chat with traders who’ve been there before. :rocket::chart_with_upwards_trend:

2 Likes
3

To join Maverick Trading, you are required to pay a Lifetime Membership Fee of $4,000. In addition, you will incur the following costs:

  • Monthly Desk Fee: After the initial month, you’ll incur a $199 monthly desk fee.
  • Risk Capital Deposit: For live trading, you’re required to deposit $2,000 in risk capital.
  • Technology Fee: There’s also a $200 monthly technology fee that covers the trading software.
4

Hello there, slightly less than $30.5k. No financing, just cash.

5

Maverick Trading’s costs are divided into two main categories: upfront fees and ongoing fees.

Upfront Fees:

  1. Qualification Program: Maverick offers a qualification program to evaluate your trading skills. The cost varies based on your experience level and whether you opt for individual mentoring. Some experienced traders might be eligible for a waiver. Costs typically range from a few hundred dollars to potentially over $1,000.
  2. Membership Fee: After qualifying, there is a one-time lifetime membership fee of $4,000 to join Maverick’s FX division (foreign exchange trading). The fee structure might differ for their options division.

Ongoing Fees:

  1. Monthly Desk Fee: After the first two months, there is a monthly desk fee of $199.
  2. Risk Capital Deposit: To trade live with Maverick’s capital, you’ll need to provide a $2,000 risk capital deposit.

Other Considerations:

  1. Performance-Based Rebates: Maverick operates a profit-sharing model, allowing you to keep a percentage (reportedly 70-80%) of the profits you generate while trading their capital. This profit-sharing can potentially offset some ongoing costs and serves as an incentive to perform well.