Maven Trading

We have ONE trading style rule:

Gambling: You cannot gamble your way through a challenge phase, Maven defines gambling as:

1. Excessive Scalping: Holding 50% or more of your trades for less than a minute.
2. Martingale: Having five positions opened simultaneously in drawdown, on the same pair
   
3. All in: Betting one direction and holding until you pass/fail, this is defined as one trade with no risk management (not having a stop-loss in place) 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.

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.

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Cheating: Using The Demo Trader inefficiencies such as High-Frequency Trading, Toxic Trading Order Flow, Long/Short arbitrage, reverse arbitrage, tick scalping, and server execution. You cannot copy trade from another individual, if found, both users will be breached.

Reverse/Group Hedging: Using your account to bet in one direction on a singular trade against another account, as this is an attempt at reversing the trade of another account for a 100% chance of winning.

Hedging: You cannot exclusively hedge through a challenge or live account. Numerous malicious EA hedging bots aim to exploit the demo-trading environment, and we cannot accurately copy your trading onto a live server. If we see your account is exclusively hedging, we will ask you to provide the EA you have used (if applicable).

EA: EAs are permitted if they do not break the above rules. We may ask for proof of your EA to ensure that the EA you are using is not malicious. HFT, hedge zone, etc., are not permitted.

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 your account is flagged, you must rerun the challenge.

Your account will be terminated if you perform any of these actions.

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