Please watch the video below before continuing onto the FAQ.
Great! 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.
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.
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.
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.
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.
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.
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.
Yes. Part-time traders often become our best traders.
Now 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.