What are the differences between Maven's one-step, two-step, and three-step trading challenges?
Trading Challenge Types
Maven offers three different trading challenge formats, each with distinct requirements and difficulty levels.
1-Step Challenge
Maven's 1-step challenge consists of a one-phased evaluation process where a trader must pass just one phase to get a funded account.
Challenge Requirements:
- No minimum trading days
- Unlimited maximum trading days
- Phase 1 Target: 8% of the initial balance
- Max Drawdown: 5% (trailing off your highest watermark of equity)
- Daily Drawdown: 3% (based on the higher of your equity/balance at 00:00 UTC)
2-Step Challenge
The 2-step challenge consists of two evaluation stages — Phase 1 and Phase 2 — followed by the Funded Phase once both are successfully completed.
Challenge Requirements:
Phase 1 & Phase 2 share the same trading structure and rules, with only the profit target differing:
- Phase 1 Profit Target: 8%
- Phase 2 Profit Target: 5%
- Minimum Trading Days: 3 profitable trading days (does not need to be consecutive)
- Profitability Requirement: At least 0.5% NET profit based on the initial balance per day (e.g. $50 on a $10,000 account). All wins and losses within the day are counted together — only the net result matters.
- A trading day runs from 00:00 UTC to 23:59 UTC.
- Max Drawdown: 8% (Static)
- Daily Drawdown: 4% (based on the higher of your equity/balance at 00:00 UTC)
3-Step Challenge
Maven's 3-step challenge consists of three evaluation phases: a trader needs to achieve a target in the first evaluation phase, the second and third verification phases before getting a funded account.
Challenge Requirements:
- No minimum trading days
- Unlimited maximum trading days
- Phase 1 Target: 3% of the initial balance
- Phase 2 Target: 3% of the initial balance
- Phase 3 Target: 3% of the initial balance
- Max Drawdown: 3% (Static)
- Daily Drawdown: 2% (based on the higher of your equity/balance at 00:00 UTC)
Key Differences Summary
Feature | 1-Step | 2-Step | 3-Step |
|---|---|---|---|
Number of Phases | 1 | 2 | 3 |
Phase Profit Targets | 8% | 8%, then 5% | 3% each |
Minimum Trading Days | None | 3 profitable days | None |
Daily Drawdown | 3% | 4% | 2% |
Max Drawdown | 5% (Trailing) | 8% (Static) | 3% (Static) |
After Challenge Completion
Once you complete all phases of your challenge:
- You will receive an email confirming completion
- Your account will be under review for 24-72 business hours
- You will then proceed to KYC verification (24 business hours processing)
- After KYC is verified, you will receive your funded account
Updated on: 29/09/2026
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