Is Maverick Trading a typical "challenge" prop firm?

Q: Is Maverick Trading a typical "challenge" prop firm?

No — instead of a pass/fail evaluation, it uses a lifetime membership ($7,000) plus an at-risk capital deposit ($5,000, ~$12,000 total) and a multi-month, 6-level training and live-performance program. It is a materially higher upfront cost and slower path than typical challenge-shop firms, closer to a paid trader-development program.

Maverick Trading

Prop firm

Options-focused prop firm since 1997, using a membership model rather than a pass/fail challenge.

Founded 1997HQ: Salt Lake City, United Statesmavericktrading.com

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Editorial: 0.0/5
0 reviews: 83
Trust score

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The button above goes to mavericktrading.com, the official site — a listing here is not an endorsement. Data last verified last month. Editorial, user and risk signals are computed independently; sponsorship never influences any score.

Our assessment

Maverick Trading has operated since 1997 — one of the longest track records in the sector — but its model differs fundamentally from typical challenge-shop prop firms: entry requires a $7,000 one-time lifetime membership fee plus a $5,000 at-risk capital deposit (roughly $12,000 total), followed by a multi-month, 6-level training and live-performance program rather than a single pass/fail test. It is options-focused (SPY/QQQ/single-name equity options), offers a 70-90% profit split depending on performance tier, and pays out monthly. Trustpilot rating is around 3.8/5, with praise for training quality but recurring complaints that the total cost resembles a paid-education program more than pure funded trading.

Regulation & licenses

We found no verifiable licenses for this institution. Treat it as unregulated: client funds are unlikely to be protected by any compensation scheme.

Funding terms

Challenge from: $12,000
Profit split: 70%
Max funding: $800,000
Payouts: monthly

Platforms, products & funding

Platforms: MetaTrader 4, MetaTrader 5, Proprietary web platform
Tradable products: Stocks & shares CFDs
Deposit & withdrawal: Visa / Mastercard, USDT (TRC-20)
Country availability: Iran, Turkey, United Arab Emirates, South Africa, India, Brazil, VietnamNot available: United States

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Frequently asked questions

Sources & provenance

Official website — retrieved Jul 27, 2026