Lead TypeName First Last Email Phone*STEP 2: Maverick Intro VideoPlease watch the video below before continuing onto the FAQ. STEP 2: Basic FAQ's for Maverick OptionsGreat! You just finished watching the Maverick Trading intro video.Most likely, you have a few questions. Well, we have the answers.Important! Read the “Basic FAQ” below, which should answer many of the basic questions that you likely have at this time.AFTER you have read the “Basic FAQ” below, click the to continue on to Step 3 of the application process.IS MAVERICK TRADING A BROKERAGE?No. Maverick is a private equity firm that trains and allows a team of professional traders to trade on behalf of the firm in its master account. Maverick has partnered with some of the biggest firms in the industry to provide our traders the best trade execution and superior pricing (commissions). Unlike most prop firms, Maverick doesn’t mark-up trading commissions. We simply share in profits, aligning our goals with our traders, making it an ideal environment for traders.IS MAVERICK TRADING HIRING ME?You are not being hired in the traditional sense with benefits and a salary, but as an independent contractor (1099), where your paycheck is a direct reflection of the profits you produce as a professional trader. Compensation is based on each individual trader’s net profit and loss. There is no cap on the levels that can be achieved, so your potential revenue is virtually unlimited.WHAT WILL MY RESPONSIBILITIES BE AS A MEMBER/TRADER FOR MAVERICK TRADING?Upon the successful completion of Maverick’s qualification program, your primary responsibility will be to trade the firm’s capital within Maverick’s risk guidelines for maximum profit for both you and for the firm.HOW DO I GET STARTED AS AN INDEPENDENT TRADER?To become a Maverick Trader, all traders must complete the qualification program, which consists of passing a series of online tests that cover all aspects of our trading methodology, demonstrating a proven track record through our demo trading platform, and submitting a detailed trading plan to management. Before we put our capital, leverage and support into a trader, we want to make sure they know what they are doing to minimize our risk and theirs.WHEN CAN I WITHDRAW A PART OR ALL OF MY EARNINGS?Monthly trading profits are calculated from each option period and a trader’s profits will be credited on the Saturday after options expiration (the third Friday of each month). Profit disbursements will be made on the 1st of the month following the prior trading period. As an example, if a trader earned $10,000 in profits in the March options period and was on a 75% profit split, they would receive a disbursement of $7,500 on April 1st. A trader can retain any earnings within their trading account and apply for higher capital amounts.CAN I REQUEST ADDITIONAL BUYING POWER AS A MAVERICK TRADER?Yes. Maverick wants to put as much money in front of successful traders as possible, as it benefits both the trader and the firm. This increase will be granted based on your trading performance, profits retained in their account and size of risk deposit. As most traders know, the bigger the buying power, the bigger the potential profits. This extra potential is earned via “consistency” more than anything else. In the professional trading world, consistency is king. We are looking for consistency married with low draw-downs and/or small account swings.CAN I BECOME A PART-TIME TRADER?Yes. Part-time traders often become our best traders. STEP 3: Maverick Trader ProfileNow that you have watched the Maverick Trading video and read Basic FAQ in Step 2, you are ready to complete the “New Trader Application” below.Please be honest and as thorough as possible. Detail your trading experience and personal information so that our professional recruiters will be able to effectively help you through the recruiting process.Complete the entire application below, then click the “Submit to Maverick” button.After you click the “Next” button, you will be directed to a 106-minute video that will detail Maverick’s trading system and methodologies, risk management techniques and our revered Capital Sharing Program. You will also meet some of the traders of the firm, who will be working directly with you after you join.Have you ever traded the markets?Select an optionYesNoHow many years have you traded the markets?*Select an optionNeverLess than 2 years2-5 years6-10 years11-15 years15+ yearsWhat is your current employment status?*Select an optionSelf-EmployedEmployed (full-time)Employed (part-time)Retired or semi-retiredUnemployedOtherOccupation (current or most recent)What is your annual (gross) income in U.S. Dollars (USD)?Select an optionLess than $25,000 (USD)$25,000-$49,000 (USD)$50,000-$74,000 (USD)$75,000-$99,000 (USD)$100,000-$124,000 (USD)Over $125,000 (USD)What is the highest amount of capital that you have ever traded with (personally and/or professionally)?Select an optionI have never tradedLess than $25,000 (USD)$25,000-$49,000 (USD)$50,000-$99,000 (USD)$100,000-$249,000 (USD)$250,000-$499,000 (USD)$500,000+ (USD)How much capital are you currently trading (personal accounts, IRA's, 401k's, etc.)?Select an optionI do not have any trading accountsLess than $25,000 (USD)$25,000-$49,000 (USD)$50,000-$99,000 (USD)$100,000-$249,000 (USD)$250,000-$499,000 (USD)$500,000+ (USD)Will you be trading outside of the firm (personal accounts, IRS's, 401k's, etc.)? [NOTE: It is permissible to do so at Maverick Trading.]Select an optionYesNoDo you hold any financial licenses?Select an optionYesNoThere are costs involved in becoming a professional trader. Do you acknowledge?Select an optionYesNo STEP 4: Maverick Advanced Video on FountainWe received your application and applaud you for continuing the recruiting process. The next step in the process is to watch the video below and read our Advanced FAQ.This video is 48 minutes and is packed with information about Maverick Trading and the position that you are applying for. After finishing the video, you will be directed to our Advanced FAQ, which details how our firm works and how you fit in.To get started, watch the short video below, which will detailing Maverick’s trading system and methodologies, risk management techniques and our revered Capital Sharing Program.At the end of the video, click the next button that will take you to the second of two FAQ (Frequently Asked Questions). After you have read the “Advanced FAQ,” you will be able to continue on to Step 5 of the application process (i.e., scheduling your interview). STEP 5: Maverick Trading Advanced FAQ'sWhew! You just finished watching the full Maverick Trading video. If you need to go back and watch the video again, just click here.Most likely, you have some new questions. Well, we have the answers.Important! Read the “Advanced FAQ” below, which should answer many of the new questions that you have at this time.AFTER you have read the “Advanced FAQ” below, click the button to continue on to Step 6 of the application process, where you will schedule an interview with one of our recruiters.WHAT DOES THE MEMBERSHIP FEE PROVIDE FOR ME AS A TRADER?The greatest expenses we have at Maverick Trading is the training, support and technology we invest in our traders. Most firms defray these costs through marking up commissions, encouraging high-frequency trading, hefty desk fees and a disproportionate percentage of trader profits. At Maverick Trading, we don’t mark up commissions or encourage high-frequency trading. We profit when our traders profit. It also provides the opportunity to trade for the firm with additional capital. This is what is available to you as a trader with Maverick:The upfront investment a new trader requires is always the most taxing element to the firm. The qualification process takes hundreds of man hours of the firm’s instructors and management and Maverick has invested heavily in this process over several years.Partnership with a senior level trader to assist in trader development and achieving consistency.Unlimited access to the Maverick Trading qualification program and the Maverick Trading testing site.Unlimited access to up to 5 live, interactive trading classes throughout the week where instructors use live market analysis.Membership to our weekly Trading Room where our elite traders will highlight the upcoming week, discuss economic reports and analyze individual trade setups for the upcoming week.Access to our recorded video library containing hundreds of hours of archived classes. At Maverick Trading, we record everything and always keep it available to our members.Proprietary option analysis software with comprehensive risk graphing, statistical probability calculations and what-if scenarios.Access to institutional portfolio margin.DO I NEED TO DEPOSIT RISK CAPITAL?All Maverick’s traders are required to provide risk capital for the associate level (levels one and two). As the trader is in the development phase, we have found this to be the best for both the trader and the firm in general as each trader has a stake in the profits and risk of their trading activities. Once a trader has demonstrated proper risk management, capital controls and has produced a profit for the firm (advanced to level 3), the trader may trade without risk capital upon management approval.The initial minimum risk deposit is $5,000.00. This amount is held by Maverick Trading and can be withdrawn upon any time from the firm.Overall gains and losses will be reconciled against your risk deposit in the firm.Only traders who successfully complete Maverick’s qualification program are invited to become traders of the firm.Upon completing the requirements, traders are granted a trading account with trading capital of $25,000 and have access to portfolio margining above and beyond that amount. As your experience and success grows, you will be authorized to trade more of the firm’s capital.BUT I KNOW WHAT I’M DOING, WHY SHOULD I HAVE TO DEPOSIT RISK CAPITAL OR BUY INTO THE FIRM? I JUST WANT TO TRADE THE FIRM’S CAPITAL.Maverick is not simply hiring employees. Maverick is creating new members of the firm with a vested interest in their personal success, the success of their colleagues, and the success of the firm as a whole. Maverick offers training, leverage, and support not available to solo traders, nor available at many proprietary firms. Management and the remaining members of the firm, the traders, recognize the importance of each trader, each member of the firm, having a vested interest in success and alignment of interests, not simply free reign. As you develop a successful track record at Maverick Trading, management, at its sole discretion, may authorize greater leverage without additional risk capital.HOW AM I PAID AS A TRADER?Each month following options expiration, traders may request all or a portion of their profits for that month in excess of their investment unit.Maverick will make all distributions via ACH transfers for the amount requested no later than the 5 days after options expiration each month.For example, after the profit split, a trader makes a $20,000 profit in June, recognized at the close of trading on options expiration Friday. The trader requests $10,000 be paid and the remaining $10,000 be kept in their capital account. No later than the 5th of July, Maverick will process an ACH transfer to the trader’s personal bank account for $10,000 and the trader’s authorized trading amount will increase by $10,000 with additional buying power from the firm’s portfolio margin.All profits must be paid out by December 31st, the end of our fiscal year.Profits may be paid out via wire transfer at the trader’s expense.AM I AN EMPLOYEE, AN INDEPENDENT CONTRACTOR, OR A PARTNER OF THE FIRM? HOW ARE MY EARNINGS REPORTED?Maverick’s traders are independent contractors of the LLC which makes everyone a part of the firm. At the end of the year, each trader/member will receive a 1099 reporting their trading profits and a consolidated statement to facilitate calculating their net gain.Additionally, as Maverick’s traders are contributing with the success of the controlling LLC (Maverick Partners) each trader will receive a bonus distribution (via deposit in their equity accounts) representing their proportional profit percentage in the firm’s yearly profits. As you can see, each trader will not only benefit from their own trading activities but they will also participate in the overall profitability of the firm.Please consult your tax adviser regarding reporting and accounting requirements. We highly recommend each trader looks into incorporating their trading business to take advantage of lower corporate tax rates and business write-offs.WHAT IS THE PROFIT SPLIT BETWEEN THE FIRM AND ME?Maverick offers extraordinary profit splits to its traders. The profit split is on a graduated scale based on the experience of the trader.For the first two levels of trader (Associate Levels), the profit split is 70% to the trader, 30% to the firm;The next two levels (Master Levels), the profit split is 75% to the trader, 25% to the firm;The last two levels (Elite Levels), the profit split is 80% to the trader, 20% to the firm.CAN I REQUEST ADDITIONAL BUYING POWER AS A MAVERICK TRADER?Yes. This increase will be granted based on your trading performance, profits retained in your account and size of risk deposit. In our program, the trader, through performance, earns greater and greater exposure. As most traders know, the bigger the buying power, the bigger the potential profits. This extra potential is earned via “consistency” more than anything else. In the professional trading world, consistency is king. We are looking for consistency married with low draw-downs and/or small account swings. Level advancement will be made by additional training requirements and management approval.Are there upfront costs to trade for Maverick Trading?Yes. We are only looking for dedicated, professional people which is why we have an initial membership fee. This fee is completely refunded under our Trader Performance Bonus once a trader has profited that amount for the firm. We have found by having a membership fee, we separate the serious from the curious and have much higher success rates where more people complete the Qualification Program and become full traders.How does the Trader Performance Bonus work?Once a trader completes the Qualification Program and starts trading live for the firm, they enter into a profit sharing agreement with the firm where the trader keeps 70-80% of all profits. Once the firm has profited an amount equal to the membership fee, a performance bonus of that same amount will be paid directly to the bank account of the trader along with any profits during that period.MAVERICK’S RECRUITING PROCESS IS NOT LIKE OTHER FIRMS. WHY DO YOU RECRUIT THIS WAY?Management values the time of everyone in the firm. Because of its success, program, and track record, Maverick receives hundreds of employment inquiries and needs to separate the “tire kickers” from those people who are serious about making trading their career. Maverick has found its process encourages those who are not serious to eliminate themselves from consideration. Maverick’s recruitment process allows its HR team to concentrate their efforts on only the most motivated and qualified candidates. So, congratulations! You have completed a process than many people struggle to finish.