Maverick FX is a 6 level capital sharing program by Maverick Management, LLC located at 1910 East Fort Union Boulevard, Cottonwood Heights, UT 84121. For customer support, you can email email@example.com for more information.
So, what does the trading community have to say about Maverick FX new innovation?
This is where the review gets a little more interestingq. While this service is offered as a career and job opportunity with no risk, there are fees that need to be paid, to be involved. It may seem like you can sign up and start trading with their capital right away, but this isn’t what the community is experiencing.
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Maverick FX Review
Investor firms will get ”best support, technology, training and service that they need to become the best traders possible”. They offer traders firm capital access. This makes it so that the trader has limited risk, as they aren’t trading with their own funds. Then, they promise that the traders get to keep 70 to 80% of the profits they make trading with this money. Currently their are six(6) level of capital sharing can climb. Based on the trader’s performance, and past trading history management can approve a level increase which comes with access to even more capital.
An associate trader is the beginning point, for traders in levels 1 and 2. Associates can trade $10,000 – $20,000 in firm trading capital.
Master traders receive $40,000 – $80,000 in levels 3 and 4.
This is levels 5 and 6, where traders get access to $150,000 – $300,000+ in trading capital.
The entire concept comes across as too good to be true. The developers of this project are essentially telling us that we can trade with their money, and take profits when we win. Yet this is very difficult for me to imagine as a viable business plan for Maverick FX. The fact is, that the average Forex trader loses money. Thus, it would be very difficult for this large capital they offer to be sustainable.
You essentially have to pay for their training program and then they still have the ability to tell you that you did or did not make the cut. So you can essentially pay $200 a month during the training process and then never get access to the trading capital.
It’s very possible that effective Forex traders are having success with this service, but that doesn’t mean it’s for the average person. Maverick does a fair bit of advertising their service on craigslist, but it’s my opinion that this is not the way to recruit talented traders. So, while this service may work very well for talented traders, they are also looking to make money off as many people as they possibly can.
Review Verdict – Maverick FX is a Scam
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