Who is maverick trading

Upload your resume. Sign in. Maverick Trading Employee Reviews Review this company. Job Title. United States 23 reviews. Ratings by category. Sort by Helpfulness Rating Date. Language English Any. Found 23 reviews matching the search See all 32 reviews.

What people like. Areas for improvement. Yes No. Indeed Featured review The most useful review selected by Indeed. Very comprehensive training program. Helpful and knowledgeable mentors. Weekly Updates and trading room activities. New trade ideas and regular market updates. Was this review helpful? Yes There are 9 helpful reviews 9 No There are 4 unhelpful reviews 4.

Report Share. It's really that simple. Stay away. Money is not easily accessible and they'll burn countless people hungry for money. A legitimate Forex business would actually simply train you, teach you to earn money doing simple trades, and shave a commission off. The catch even with the legitimate Forex entry level jobs that train you is that they're going to be inevitably short-term in nature and your profitability long-term is ultimately being able to aggregate a small supply of capital to fund your own proprietary Forex investing activities.

Pros None. Cons Most will lose. It's a Ponzi scheme. Yes There are 9 helpful reviews 9 No. Stereotypical aggressive sociopaths who have the mentality to look for vulnerable people. It seems to be following the same pyramid scam mentality that pops up everywhere there is a massive amount of money required to complete the interview process. And what comes to people not being narcissistic on the inside of the company, there are far too many. I happen to be one of those people who is very modest and have complete control over my emotions.

This is one of the biggest things that they preached when you're going into the company and learning through it, which they claim is important to have since that makes you a safe trader. It is definitely true that healthily managing your mind, when it comes to everyday things is important. Especially if you are in the investment world. The reason why people lose money to begin with is because of impulse trading.

But here's the catch, they want people who basically don't know what they're doing, so that they know that there's a better chance of the new recruits minds being completely open. And when I say open I mean open to manipulation that may or may not be on the surface. Pros If you can handle the narcissistic BS, you could make some money.

Cons The interview process, which states everything that you're signing up for, has a bunch of holes. The job is interesting but its not for everyone. Training is really difficult and you won't be able to take everything in once you get on the floor like they expect you to. Once you're done with training, you have to start working in your quota which is extremely stressful to think about.

Most people don't last a month or two in the company. Yes There are 6 helpful reviews 6 No. It's hard to work for a place that go against your values. I'm leaving this place soon because they are scamming people. I know for a fact that they overcharge fees and they do things which are unethical just to get more clients.

I can't stomach these things that's why I'm actively seeking for a better job now - one where my values won't be compromised. Yes There are 7 helpful reviews 7 No. Leave a review. Help people like you. Maverick is a great company to trade with if you love to trade. The training and education are exceptional, and they are very helpful if you ever have any questions. Yes There are 2 helpful reviews 2 No There are 1 unhelpful reviews 1. The fact they are still around and have navigated all the changes in the markets and regulation is impressive.

Filled with scammers. The payment and transaction schemes here are terrible. The company gets a certain percentage of cut that is unfair, while you are forced to reach unreasonable levels of quota. Management here is filled with scammers. Instead of guiding the employees, the managers are the ones who lead scams and manipulate the employees so they can maximize their own profits.

This company is filled with scammers. Yes There are 7 helpful reviews 7 No There are 2 unhelpful reviews 2. Focus on profitability on owner, not on commissions. Your capital contribution moves from your pocket to theirs through the fees. Most traders quit after losing all of their deposited funds. You will wake up one morning to trade and see your account is missing large amounts of money and when you try to find out what the problem is, they will play dumb. You would be better off going elsewhere.

Yes There are 17 helpful reviews 17 No There are 2 unhelpful reviews 2. Unless you are a trade expert, you would want to quit soon too. Pros: You get to know new things about trading. Cons: The money they charge in the name of the fee is quite high. In a few months, I realized that doing a job is better than joining these people, so I quit.

Yes There are 14 helpful reviews 14 No There are 4 unhelpful reviews 4. We want to help you find great companies. Help us be the best! Pros: You'll learn a lot about trading, and making money. Cons: Everyone here is an opportunist. You can't trust anyone as everyone is only thinking about their quota, making money, and pleasing their team manager. Competition and pirating clients are so intense even from your own teammate.

Yes There are 18 helpful reviews 18 No There are 6 unhelpful reviews 6. I belive there are not honest with their cost structure and over value their offered training. Trader Former Employee - local - March 30, I believe they are not upfront about their cost and overvalue the training they provided.

To get started it will cost for trading and then another started capital. Yes There are 81 helpful reviews 81 No There are 5 unhelpful reviews 5. The best case will be that you get back the membership fee in the way Darren lined out in the Maverick trading cost section, plus, as Darren said:. Considering that you are a profitable trader, here is a hypothetical case as an example and for illustrative purposes only:.

Even with this example, a trader is still covering their monthly trading expenses and getting to trade far more capital than what they would on their own. From my perspective, you should compare Maverick Trading with other providers. Maverick trading works together with one of the best brokerage firms in the world, Interactive Brokers. We have always segregated trading capital from operational capital and will continue to do so.

Since our inception, we have been consistently profitable, so we are not worried about going out of business. But, in the highly unlikely event that a meteor was to strike the firm, our Business Continuity Plan could not be enacted. I was curious how traders get paid once they made profits trading with Maverick Trading. We pay traders by direct deposit via ADP. On the Monday after Expiration Friday, the firm takes its profit split on closed positions. The traders can clip their entire profit, a portion, or do nothing and trade with more capital.

They send us an e-mail, and we distribute gains. It usually takes three days for the distribution to hit their accounts. If they request a bank wire, there would be a fee, but most traders prefer ADP. So we absorb that cost. Darren confirmed that some traders do. Keep in mind, though, that currency positions are highly leveraged.

Many firms outside the US offer , , or even We teach that the key to success in trading is concentrating on risk management above all else. From there, level advancement is similar to the Maverick Trading Options Division, requiring two months of consistent trading above the previous high-water mark.

Losses incurred in excess of the risk capital deposit are, again, non-recourse to the trader. Each trader goes through over hours of detailed instruction on the FX side and has structured coaching and supervision. Maverick Trading offers a free trial on request. If you aim to work only with the best traders out there and focus on having those traders in your companies for months, your onboarding process must be different from other financial products.

For that reason, Maverick Trading provides temporary access to you if their recruiters individually grant you. This quick access is granted individually by our recruiters. This relates to your comment about no free trial for our Options Division as well. Trading is not for everyone.

We have a lengthy and involved recruiting process to ensure that the people we bring on board the firm are serious about investing the time, energy, and resources into learning how to trade. Through its Continuing Education portal, you can view transcripts of recorded webinars and historical Maverick Trading podcasts. Some Topics include:. Here, the team discusses various Maverick strategies and provides market-moving analysis to help you become a better trader.

You have to understand that the risk of trading options an FX is higher compared to trading stocks. In my opinion, Maverick Trading is best for those who are serious about trading options or Forex for a living, willing to learn over a long period of at least 12 months by following precisely the educational content Maverick Trading provides. I like to point out that your commitment is crucial when joining a program as Maverick Trading provides. First, you have to ask yourself if trading options or Forex is the way to go for you.

If you are interested in day trading stocks, Maverick Trading is not the best way to go. Also, if your primary target is to trade a funded trading account without risking your money, then TopstepTrader for futures trading or TopstepFX for Forex trading is the way to go. This is an exciting perspective. In addition, a funded account can offer many benefits if you have a winning strategy and the market data and experience to prove it. Maverick Trading aims to help you find winning strategies, and over time you will understand the markets better and better.

By accessing more extensive amounts of capital like the one provided by Maverick Trading, you can increase your dollar profits and do so with reduced personal risk in the process. I also asked Darren about his opinion of who Maverick Trading is best for.

Here is his answer:. Actually, some of our best traders are those that came in with no experience and learned to trade the right way, with consistent, stringent risk management, proper supervision and timely coaching.

Maverick Trading provides an exciting opportunity for traders to learn options- and Forex-trading and gain access to valuable capital at the same time. This is impressive! You have to go through an interview before you get temporary access to additional content.

And before a new trader comes on board, the capital requirements to trade with the firm are thoroughly discussed during their interview with their recruiter.

As Darren lined out, you can get back the whole amount as a performance bonus, but it is still an upfront payment that goes out of your pocket at first. To get started, the company first interviews you. After that, your trading capital power provided by Maverick Trading increases as your success rate rises.

I hope that this Maverick Trading review was helpful. Please share it with your friends. If you jumped right to this summary, I strongly encourage you to read the whole Maverick Trading review right from the beginning to the end. Only this way do you become aware of all the details.

The market leader in the funded trading account business is Topstep. They belong to the Inc. Another well-established player in the funded trading account space is Earn2Trade.