Maven

1. KYC and checkout instructions
Provide accurate information: Ensure personal details match your government-issued ID. Inaccurate details or missing documents may result in KYC failure. NOTE: You can only use one email for one person throughout your Maven journey. The card you use must be your card, the use of someone else’s card will result in a breach when you come to do KYC. When purchasing multiple accounts please ensure you use the same email. If you use another email you will not make it through the KYC process.Use official documents:
Submit valid government-issued ID (e.g., Passport, Driver’s License, Residence Permit, ID Card). Nigerian traders (Optional):
Provide Premium NIN and a recent bank statement (dated within 3 months, with address) in PDF format. ID authenticity:
Using someone else’s ID or being an underage trader will result in automatic KYC rejection. NOTE: You cannot change your personal information once you have placed a trade in your challenge account or during the KYC process. To see the documents accepted by Veriff, click the link: https://www.veriff.com/supported-countries
You must use your own credit card that matches your name in order to proceed through Maven. If you use someone else’s card, you will not be able to get a funded account after the KYC phase.2.What is your IP address policy?
Your IP address for your Phase 1, Phase 2, and live account must match the same geographical region to verify you didn’t receive outside assistance. If we see that your IP address has changed, we will ask for proof and reasoning of why this has occurred. (Proof may involve plane tickets, live location checking through another medium, or another approach that Maven sees fit.)3.What are your trading style rules?
We have ONE trading style rule: Gambling: You cannot gamble your way through a challenge phase, Maven defines gambling as:Excessive Scalping: Holding 50% or more of your trades for less than a minute.
Martingale: Having five positions opened simultaneously in drawdown, on the same pair All in: Betting in one direction and holding until you pass or fail. This is defined as making one trade with no risk management (not having a stop-loss in place or risking more than the drawdown limit), which would either pass or fail the challenge. Examples:
Excessive Scalping: The Trader is trying to execute trades rapidly, the trader takes a total of 50 trades, 26 of which have been executed in under a 60s hold time. This means a total of more than 50% of trades have been executed in under a 60s hold time and contributes to excessive scalping.Martingale:
The trader identifies several promising long opportunities in the EUR/USD pair and decides to open positions: Long EUR/USD at 1.2000. Long EUR/USD at 1.1980. Long EUR/USD at 1.1950. Long EUR/USD at 1.1975. However, the trader fails to monitor their positions closely and overlooks the existing limit of five positions in drawdown. In a moment of excitement, they open another long position without considering the rule. Long EUR/USD at 1.1995. With five long positions now opened in drawdown, The trader has breached the rule.All in:
A trader opens a one lot position on EUR/USD, they do not put in a SL and the trade runs all the way to passing the challenge in one go. This trade had two outcomes, either passing the challenge or failing the challenge, this does not show trading ability and the trader will not be processed to the funded stage. The trader enters a EURUSD on their two step challenge, they put the SL at 6% of the balance, if this hits SL this will fail the challenge. The trader would not advance to the funded stage. Layering positions on the same pair and direction within close intervals without setting a stop loss or layering positions exceeding the drawdown limit. EA’s / bots EA’s / bots are not permitted during any phase. Note: A ‘trade’ can be determined as a position held by the trader on a specific pair. ‘Trade’ may be one or multiple entries with similar timings and lot sizes. A trade could be determined by multiple entries on the same pair at the same time. Trades with vastly smaller lot sizes will NOT count as a trade. If you are found to be gambling, you will not be advanced to the funded stage and offered to retry the challenge.