Terms and Conditions

Last Amended: 01/10/2025

1. Recognition of Legal Terms

MAVEN LLC ("Maven LLC," "us," "we," "our") is a legally registered entity in the United Arab Emirates, operating under the jurisdiction of the DIEZ free zone. We operate the website https://maventrading.com (the "Site") and all associated products and services that refer to these legal conditions (the "Legal Terms"), collectively known as the "Services."

For your information, our business details are as follows:

Vendor Name: MAVEN LLC
Registration: 105072496000001
Regulatory Authority: DIEZ
Address: DSO-IFZA, IFZA Properties, Dubai, Silicon Oasis, Dubai, 0000000000, Dubai
Email: mavenedu@maventrading.com
Telephone: +971 50 513 1897

A CRITICAL NOTICE: It is important to understand that all accounts provided to our clients are demo accounts with simulated funds, and all trading activities are conducted in a simulated trading environment. This platform is for evaluation and funding opportunities, not for providing direct investment services.

We must also provide this ESSENTIAL INVESTMENT DISCLAIMER: No part of the services we provide should be interpreted as an investment service under UAE or international law. We do not offer investment advice, guidance, or recommendations. Furthermore, we do not accept customer funds or deliver regulated financial services. All trading is strictly simulated with virtual funds.

Payments for our services are nonrefundable and are made exclusively for the purpose of evaluation. Your registration payment grants you immediate access to our evaluation platform, models, and services. As such, once a payment is made, a refund cannot be issued.

2. Registration and Eligibility

To ensure a compliant and fair environment for all users, we have specific requirements for registration and eligibility.

Capacity and Age Requirements: Our services are available to individuals who are 18 years of age or older. All users must have the legal capacity to enter legally binding contracts. For corporate entities, we require proper authorization documents.

Geographic Constraints: Our services are offered globally, but they may not be available in locations where they are restricted by local laws, statutory provisions, economic embargos, or trade restrictions, or where they are explicitly excluded by our internal risk management policies.

Registration Requirements: Each person is allowed to register only once. Creating multiple accounts with different email addresses is strictly prohibited. The information you provide during registration must always be correct, complete, current, and truthful. You are responsible for maintaining the accuracy of this information.

KYC and Compliance Verification: We may ask you to complete an onboarding process that includes identity verification, address confirmation, and source of funds verification. For high-risk profiles, we may perform enhanced due diligence to comply with UAE AML/CFT regulations. Any client who fails to complete the necessary KYC verification will not be allowed to maintain an active account. Transactions made without proper verification are considered invalid.

3. Services Description

Our platform offers a range of services designed to evaluate and develop trading skills.
Platform Services: MAVEN provides proprietary trading evaluation programs, paper trading accounts with virtual money, trading education, and performance-based funding opportunities. We also offer risk management tools, analytics, and professional development programs.
Account Types:
- MAVEN (Two-Step Program): This program requires an 8% profit target in Phase One and a 5% target in Phase Two. It has a 8% maximum loss limit (static from the initial balance), a 4% maximum daily loss limit based on the higher of equity or balance at 00:00 UTC+0. The profit split is 80%, with payouts available every 10 business days.
- Maven (One-Step Program): This is a single-phase program with a 8% profit target. It has a 5% maximum trailing loss limit, a 3% maximum daily loss limit based on the higher of equity or balance at 00:00 UTC+0. The profit split is 80%, with payouts available every 10 business days.
- Maven Instant: This program has a 3% minimum payout requirement, a trailing 3% maximum loss from the highest equity, and a maximum daily loss of 2% based on the higher of equity or balance at 00:00 UTC+0. It offers an 80% profit split with payouts available every 10 business days.
- Maven Mini: This program lasts for 24 hours only, you have to meet a consistency score of 20%, a 3% minimum profit and no floating loss greater than 1%. It offers an 80% profit split with payouts available on demand within that 24 hour period.
- Maven Three-Step: This program has three steps, each of which have a 3% profit target, a 2% daily drawdown based on the higher of equity or balance at 00:00 UTC+0 and a 3% max drawdown (static from the initial balance). The profit split is 80%, with payouts available every 10 business days.
Regulatory Compliance: Our operations are fully compliant with UAE financial regulations and relevant DIFC/DMCC/ADGM requirements. As a proprietary trading platform using only company capital for simulated accounts, we operate entirely within the legal frameworks of the UAE.

4. User Responsibilities and Prohibited Usage

To ensure a fair and secure environment, all users must adhere to specific responsibilities and avoid certain activities.

Acceptable Trading Practices: Users are required to engage only in legitimate trading strategies, follow all platform rules and risk management parameters, and conduct themselves with professional integrity. You must also comply with all relevant legislation and rules.
Strictly Prohibited Activities:

Account Sharing: You are not allowed to share your credentials or allow others to use your account.
Automated Trading: Using Expert Advisors (EAs), bots, or other automated systems is prohibited unless you have received prior approval from us.
Prop Firm Employees: Traders associated with other proprietary trading firms are not permitted to use our services.
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 not permitted under any circumstances across all our platforms.
Gamifying: An attempt to not trade and just play random odds of winning, betting solely on the maximum drawdown/take profits of the challenge. Rather risking a large percentage of your account on single bets with a 1:1.25 or lower risk-to-reward ratio.

Note: A ‘trade’ can be determined as a position held by the trader on a specific pair. If your account is flagged, you must rerun the challenge.
Your account will be terminated if you perform any of these actions.
Toxic Trading Behaviour: This includes latency arbitrage trading, tick scalping, high-frequency trading, and server flooding.
Prohibitions Against News Trading: You may not place or close trades within 2 minutes before or after "Red Folder" events listed on Forex Factory.

5. Trading and Risk Management Regulations

Our platform has specific rules to manage risk and ensure consistency.

Maximum Exposure Rules: MAVEN INSTANT and INSTANT MINI has a 1% maximum risk per trade.
Consistency Requirements: MAVEN INSTANT and INSTANT MINI requires a 20% consistency score and a 3% minimum profit to be eligible for a withdrawal.
Account Activity Requirements: Accounts must not be dormant for more than 30 calendar days. If we notice excessive trading without proper risk management, we may limit your trading to 1% risk. We may exercise this discretion at any time.

6. Payment Terms and Policies

We offer various payment methods and have a clear policy on fees and refunds.

Accepted Payment Components: We accept Bank Transfers and Cryptocurrency.
Pricing Structure: All fees are in USD. Evaluation fees are nonrefundable except after receiving three payouts.
Refund and Cancellation Policy: All purchases are final and non-returnable. Payment disputes result in permanent account bans.

7. Data Protection and Privacy

We are committed to protecting your personal data in compliance with relevant regulations.

UAE Compliance: We adhere to UAE Federal Decree-Law No. (45) of 2021 and DIFC/DMCC/ADGM data protection regulations.
Data Retention: Minimum of 5 years.

8. Intellectual Property Rights

All intellectual property associated with our services belongs to us. You are granted a limited, non-transferable license to use the platform.

9. Third-Party Services and Integrations

Our services may integrate with MetaTrader 5, Match Trader, payment processors, etc. MAVEN is not responsible for outages caused by third parties.

10. Performance Evaluation and Funding

All trading is virtual. Performance evaluation determines eligibility for simulated funded accounts. Payouts are virtual and subject to compliance verification.

11. Limitation of Liability

Our services are provided on an "as is" basis. We are not liable for indirect or consequential damages. Total liability is limited to the fees paid in the preceding month.

12. Dispute Resolution

Governing Law: UAE and DIEZ Free Zone. Disputes follow informal resolution, mediation, arbitration, and final court proceedings in Al 'Ulan, UAE.

13. Termination

Users may terminate at any time. MAVEN may terminate accounts for violations or inactivity. Termination results in immediate cessation of access.

14. Confidentiality

All communications are confidential. Users agree not to disclose or defame MAVEN publicly.

15. Responsible Trading Policy

MAVEN encourages responsible trading and prohibits reckless behaviour. Violations may result in disqualification or bans.

16. Amendments and Revisions

MAVEN may modify these Terms or Services at any time. Continued use signifies acceptance.

17. Miscellaneous

Entire Agreement: These Terms constitute the complete agreement.
Severability: Invalid provisions do not affect others.
Assignment: Users may not transfer rights.
Force Majeure: MAVEN is not responsible for events beyond control.
Language: English version prevails.

User Acknowledgement

By using the Maven platform, you acknowledge that all trading activities are simulated and do not involve real capital.

Fair Use Policy

Users must not exploit bugs or loopholes. Misuse leads to termination.

Platform Downtime Policy

During outages or maintenance, evaluations are paused. MAVEN is not liable for disruptions but strives to restore services promptly.

Community Conduct

Users must behave respectfully in community channels. Harassment, hate speech, and spam result in bans.

By using MAVEN's services, you acknowledge that you have read, understood, and agreed to these Terms and Conditions.