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Once traders satisfy the applicable qualification requirements, they may become eligible for discretionary firm-capital allocations. Allocation amounts vary and are not guaranteed.

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How Does Maverick Trading Work? Frequently Asked Questions

At Maverick Trading, we understand that many prospective traders have questions about how our firm operates. To help clarify our processes, we have developed an FAQ section covering essential topics like getting started, trading responsibilities, profit withdrawals, and more. If you're wondering how Maverick Trading works, this FAQ will guide you through the details of becoming a trader with our firm. We aim to ensure complete transparency, so explore the FAQ below to get answers to the most common questions.

How do I get started as an independent trader?

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To become a Maverick Trader, you must satisfactorily complete the following requirements:

  • The Maverick Qualification Program: Our qualification program has been developed over several decades at Maverick. Our goal is to help new traders develop professional trading, risk-management and position-sizing practices. Our Qualification Program has over 1000 hours of videos on demand on almost every charting and option trading topic. All of our instructors are seasoned traders and teach the Maverick Trading methodology. Our focus is in imparting to our traders proper capital allocation, risk management and position sizing required as a professional trader.
  • Pass the Maverick verification program: Since you will be trading with our capital, we have a program to assure us of each trader's understanding of the stock and options market in general. Each trader will need to pass a series of tests demonstrating understanding of position sizing, risk management techniques, order entry, and profit targets. Prospective Traders in our system will have unlimited access to the tests and unlimited attempts to pass the tests. Courseware is available to assist our traders to pass the tests.
  • Proven Track Record: Each trader must demonstrate that they can implement the strategies learned in the Maverick Trading training program. Prospective traders will spend time on a Maverick Trading demo account that will be analyzed and monitored by the trader/coach assigned to them. Management will review implementation of the written trading plan/system, risk vs. reward ratios, capital allocation and drawdowns. Completing these requirements does not guarantee acceptance or a firm-capital allocation; both remain subject to management approval and discretion.

Is Maverick Trading hiring me?

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You are not being hired in the traditional sense with benefits and a salary. Participants operate as independent contractors, and compensation is based on trading performance. Completing membership requirements does not guarantee acceptance, a trader position or an allocation of firm capital; those decisions remain subject to Maverick Trading's approval and discretion. Accepted traders may be authorized to trade on behalf of a trading LLC in a sub-account and may receive access to professional data feeds, commission rates and trading software. Trading involves risk of loss, and compensation is not guaranteed. Traders are responsible for their own taxes. Refer to the applicable written agreement and Trader Advancement Tables for current terms and payout rates.

What will my responsibilities be as a member/trader for Maverick Trading?

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Before joining Maverick Trading as a member/trader, your primary responsibility will be to complete Maverick's in-house training program. If accepted and allocated firm capital, your primary responsibility will be to trade in accordance with Maverick's risk guidelines and position-sizing requirements. Acceptance and capital allocation are discretionary and are not guaranteed. As you gain experience and progress within Maverick, you may, from time to time, be called upon to conduct a class or discussion among other Maverick traders. While not required, we recommend you participate in the live Maverick online trading sessions, our Discord server and our yearly Trading Summits in Las Vegas where we discuss trading principles.

When can I withdraw a part or all of my earnings?

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Monthly trading profits are calculated from each option period and a trader's profits will be credited on the Saturday after options expiration. This date is between the 15th and 22nd 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 $5,000 in profits in the March options period and was on an 80% profit split, they would receive a disbursement of $4,000 on April 1st. This is an arithmetic illustration of how the split is applied. The $5,000 is an assumed input, not a projection, average or expected result. 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?

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You may request additional buying power. Any increase is discretionary and may be based on trading performance, profits retained in the account, the size of the risk capital contribution, additional education requirements and management approval. Larger buying power also means larger risk exposure. No increase or capital allocation is guaranteed, and trading involves risk of loss.

I like everything I have read, but don't live near any of your offices. Is trading remotely for Maverick Trading possible?

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Yes! Years ago, the answer to this question would have been a definite “no.” Maverick Trading was one of the first prop firms in the world to offer remote trading. Today, due to incredible technological advancements in the professional trading field, we can monitor, assist, and teach a trader remotely, just as effectively as one on-site. While some traders do thrive in the energetic environment of a trading room, many do better from the comfort and solitude of their own homes. What's more, our remote traders experience all that happens on our main trading floor through our trade setups in the weekly Trading Room and our real-time trade updates on our members area Trading blog.

I would love to trade with Maverick Trading, but I can't trade full-time at the moment. Can I become a part-time trader?

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Yes. Part-time traders often grow into some of our best traders. First of all, their growth and development as professional traders happen in smaller, more digestible periods. Secondly, the lessons learned are steady and the part-time nature of their trading reduces the risk of being overloaded and overwhelmed with too much at one time. Some of our best full-time traders today began as part-timer traders first.

Do I need to complete Maverick's qualification program prior to trading firm capital or can I simply start trading with Maverick?

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Since it is our money, we want to make sure we have traders who know what they are doing to minimize our risk.

  • Without exception, all Maverick traders are required to complete Maverick's qualification program.
  • Maverick offers its traders capital, coaching, and support not found in other proprietary trading firms and management has found that the full benefit of this infrastructure comes only after completing a comprehensive program.
  • Maverick's goal is to create a long-term, mutually beneficial relationship with its traders and has found the best way to accomplish this goal is to start its traders off with an excellent foundation.

Is there a cost associated with the qualification program?

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Yes. Participation includes a $199 monthly membership fee, a one-time enrollment fee and a required risk capital contribution. Enrollment fee and risk capital amounts vary by the membership level for which you qualify and select. The specific amounts, payment schedule, refund terms and risk capital requirements will be disclosed in writing before enrollment, and the applicable written agreement controls.

How do I take the next step in becoming a trader with Maverick?

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Just click on the link below and you will begin the online application process.

Is Maverick Trading a brokerage firm?

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No. Maverick Trading is a private equity trading firm which trains and allows a team of professional traders to manage and trade its own brokerage account.

  • Accepted members may be given trading authority to trade the firm's account for the benefit of the firm. Acceptance and capital allocation are discretionary and are not guaranteed.
  • Maverick has partnered with some of the biggest firms in the business to provide our traders the absolute best in software, execution and superior pricing (commissions).
  • Maverick states that it does not add a “mark-up” to trader commissions.

Maverick does not have volume requirements and actively discourages high-frequency trading. Trading involves risk of loss, and profits are not guaranteed.

Do I receive a salary if Maverick Trading hires me as a trader?

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Maverick Traders do not receive a salary. Compensation is based on each individual trader's net profit and loss. Traders may become eligible for additional capital through the Trader Advancement Program based on performance and management approval. Capital allocation is discretionary and is not guaranteed. Trading involves risk of loss, and compensation is not guaranteed.

Do I receive a salary if Maverick Trading hires me as a trader?

Maverick Traders do not receive a salary. Compensation is based on each individual trader's net profit and loss. Traders may become eligible for additional capital through the Trader Advancement Program based on performance and management approval. Capital allocation is discretionary and is not guaranteed.

Trading involves risk of loss, and compensation is not guaranteed.

TYPICAL CAP$25K$50K$100K$250K$500KNO CAP∞

Flexibility with Profit Withdrawals and Buying Power

At Maverick Trading, we offer flexibility with profit withdrawals and increased buying power. You may request additional capital after demonstrating consistent profitability. Any increase is subject to management approval and discretion and is not guaranteed. For more on our approach, check out our article on How to Become a Professional Trader.

Remote and Part-Time Trading Options

One of the great advantages of trading with Maverick is the ability to trade remotely. We provide full support for traders working from home or any remote location. With advanced trading technology and real-time updates, Maverick Trading ensures that you stay connected no matter where you are. This flexibility extends to part-time traders as well. Some of our top performers began trading part-time before transitioning to full-time roles. Wondering how you can start trading remotely? Our Trading Resources can help guide you through the setup process.

Next Steps to Becoming a Trader

If you're interested in applying to Maverick Trading, click the apply now link to begin the online application. Completing the application or qualification steps does not guarantee acceptance or a firm-capital allocation. For more details on how Maverick Trading works, visit our FAQ or read our article on What is the Best Prop Firm.

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The Importance of Passing the Qualification Program

Since our traders work with the firm's capital, it's critical that every trader completes our qualification program. This program teaches advanced trading strategies, risk management, and how to execute trades within the Maverick framework. It's one of the ways we evaluate whether applicants understand the Maverick framework before any discretionary acceptance or capital-allocation decision. Learn more about how Maverick Trading works to develop top traders by visiting the Maverick Trading Blog, where we discuss key training techniques and best practices.

Maverick Trading's Unique Structure

Maverick Trading is not a traditional brokerage. We are a private equity trading firm that partners with brokers like Interactive Brokers to execute trades. This partnership ensures traders have access to top-tier trading tools, competitive commissions, and an optimal trading environment. The firm and its traders share an interest in disciplined trading, but trading involves risk of loss and consistent returns are not guaranteed. Learn more about how Maverick Trading works by visiting our About Us page.

What Traders Are Saying

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★★★★★

“Maverick Trading has given me the tools and support I needed to build a disciplined trading process. The training program is thorough and the coaches genuinely care about your development.”

★★★★★

“I was skeptical at first but after going through the qualification program, I realized how professional and well-structured everything is. Highly recommend for anyone serious about trading.”

★★★★★

“Great community of traders. The live trading sessions and Discord server are invaluable. Management is transparent and always available to help.”

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