What are the drawdown types?

• What are the drawdown types?

  What are the drawdown types? Static The drawdown doesn't change. Equity Based The drawdown resets based on equity or balance (whichever is highest) at 00:00 UTC. A trading day runs from 00:00 UTC to 23:59 UTC. **Example: **You have a $1000 account, you open a trade and leave it running overnight. Your equity at 00:00 UTC is $1100, but your balance is $1000. Your max daily drawdown will be 4% of $1100 ($44), your account will breach the daily drawdown if you go beneath $1,056 oFeatured

What are the profit targets?

This section contains no articles.

What is a minimum profitable day?

• What is a minimum profitable day?

  What is a minimum profitable day? A minimum profitable day is a trading day where you achieve at least 0.5% net profit. Minimum Profitable Day Requirements by Challenge Type: Two-Step challenge: You must complete 3 minimum profitable days of at least 0.5% on each phase to proceed. OMO challenge: You must complete 4 minimum profitable days of at least 0.5% on each phase to proceed. One-Step and Three-Step challenges: There is *no minimum trading day requirementSome readers

What's next after I pass?

• What's next after I pass the challenge?

  What's next after I pass? Once you’ve passed the challenge phase, our team will review your account, which takes 1-3 business days (weekdays only — weekends are not counted). The review process makes sure that you have followed all our trading rules which are outlines below. Upon the review being successful you will then receive your certificate from Maven and a link to follow KYC. You can find out more through our KYC section on our FAQ’s. https://maventrading.com/faqsPopular

What are the drawdown limits?

• What are the drawdown limits?

  What are the drawdown limits? One Step Challenge **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) Two Step Challenge Max Drawdown: 8% (Static) **Daily Drawdown: **4% (Based on the higher of your equity/balance at 00:00 UTC) Three Step Challenge **Max Drawdown: **3% (Static) Daily Drawdown: 2% (based on the higher of your equity/balance at 00:00 UTC) **InstaFeatured

How do I get started?

• How do I get started?

  How do I get started? Once you’ve read our trading rules, head to our account setup and pick the best size, steps, and plan. You can pay with a credit card or though other options. Once your purchase is complete, an account is automatically created for you and your login details are sent to the email address used at checkout. Make sure to enter the correct email when going through checkout. If you don't see the email, check your spam/junk folder. If login details are still missing, contactPopular