Congratulations on progressing in the Maverick Trading recruiting process! You're one step closer to an exciting opportunity to trade with one of the most respected proprietary trading firms.
The next step is to watch the Advanced Video below and review our Advanced FAQ. This 52-minute video is filled with valuable insights about Maverick Trading and the position you're pursuing. Here’s what you’ll learn:
Maverick’s Trading System and Methodologies Our Proven Risk Management Techniques Details About Our Revered Capital Sharing Program
After watching the video, you’ll be directed to our Advanced FAQ, which answers key questions about how Maverick Trading operates and how you can thrive within our firm. Once you've reviewed the FAQ, you'll move on to scheduling your interview and chatting with one of our recruiters Take this opportunity to gain a deeper understanding of Maverick Trading and your role in our mission to develop top-tier traders. Watch the video below to continue your journey.
Whew! You just finished watching the full Maverick Trading video. If you need to go back and watch the video again, just click here.
Most likely, you have some new questions. Well, we have the answers.
Important! Read the “Advanced FAQ” below, which should answer many of the new questions that you have at this time.
AFTER you have read the “Advanced FAQ” below, click the button to continue on to Step 5 of the application process, where you will schedule an interview with one of our recruiters.
The greatest expenses we have at Maverick Trading is the training, support and technology we invest in our traders. Most firms defray these costs through marking up commissions, encouraging high-frequency trading, hefty desk fees and a disproportionate percentage of trader profits. At Maverick Trading, we don’t mark up commissions or encourage high-frequency trading. We profit when our traders profit. It also provides the opportunity to trade for the firm with additional capital. This is what is available to you as a trader with Maverick:
All Maverick’s traders are required to provide risk capital for the associate level (levels one and two). As the trader is in the development phase, we have found this to be the best for both the trader and the firm in general as each trader has a stake in the profits and risk of their trading activities. Once a trader has demonstrated proper risk management, capital controls and has produced a profit for the firm (advanced to level 3), the trader may trade without risk capital upon management approval.
Maverick is not simply hiring employees. Maverick is creating new members of the firm with a vested interest in their personal success, the success of their colleagues, and the success of the firm as a whole. Maverick offers training, leverage, and support not available to solo traders, nor available at many proprietary firms. Management and the remaining members of the firm, the traders, recognize the importance of each trader, each member of the firm, having a vested interest in success and alignment of interests, not simply free reign. As you develop a successful track record at Maverick Trading, management, at its sole discretion, may authorize greater leverage without additional risk capital.
Each month following options expiration, traders may request all or a portion of their profits for that month in excess of their investment unit.
Profits may be paid out via wire transfer at the trader’s expense.
Maverick’s traders are independent contractors of the LLC which makes everyone a part of the firm. At the end of the year, each trader/member will receive a 1099 reporting their trading profits and a consolidated statement to facilitate calculating their net gain.
Additionally, as Maverick’s traders are contributing with the success of the controlling LLC (Maverick Partners) each trader will receive a bonus distribution (via deposit in their equity accounts) representing their proportional profit percentage in the firm’s yearly profits. As you can see, each trader will not only benefit from their own trading activities but they will also participate in the overall profitability of the firm.
Please consult your tax adviser regarding reporting and accounting requirements. We highly recommend each trader looks into incorporating their trading business to take advantage of lower corporate tax rates and business write-offs.
Maverick offers extraordinary profit splits to its traders. The profit split is on a graduated scale based on the experience of the trader.
For the first two levels of trader (Associate Levels), the profit split is 70% to the trader, 30% to the firm;
The next two levels (Master Levels), the profit split is 75% to the trader, 25% to the firm;
The last two levels (Elite Levels), the profit split is 80% to the trader, 20% to the firm.
Yes. This increase will be granted based on your trading performance, profits retained in your account and size of risk deposit. In our program, the trader, through performance, earns greater and greater exposure. As most traders know, the bigger the buying power, the bigger the potential profits. This extra potential is earned via “consistency” more than anything else. In the professional trading world, consistency is king. We are looking for consistency married with low draw-downs and/or small account swings. Level advancement will be made by additional training requirements and management approval.
Yes. We are only looking for dedicated, professional people which is why we have an initial membership fee. This fee is completely refunded under our Trader Performance Bonus once a trader has profited that amount for the firm. We have found by having a membership fee, we separate the serious from the curious and have much higher success rates where more people complete the Qualification Program and become full traders.
Once a trader completes the Qualification Program and starts trading live for the firm, they enter into a profit sharing agreement with the firm where the trader keeps 70-80% of all profits. Once the firm has profited an amount equal to the membership fee, a performance bonus of that same amount will be paid directly to the bank account of the trader along with any profits during that period.
Management values the time of everyone in the firm. Because of its success, program, and track record, Maverick receives hundreds of employment inquiries and needs to separate the “tire kickers” from those people who are serious about making trading their career. Maverick has found its process encourages those who are not serious to eliminate themselves from consideration. Maverick’s recruitment process allows its HR team to concentrate their efforts on only the most motivated and qualified candidates. So, congratulations! You have completed a process than many people struggle to finish.
Now that you have learned what makes Maverick Trading so great, it is time to have your interview with one of our recruiters. In addition to discussing your trading experience and background, this interview is your opportunity to ask further questions about Maverick Trading.
While many applicants have strong math/finance/business backgrounds (or comparable skills) and some trading experience, being a hard worker who is enthusiastic and willing to learn is more important than your background. A passion for trading is always key to success in this industry.
Schedule an interview with one of Maverick Trading’s recruiters by submitting the form below.
After you click the “Submit to Maverick” button, you will be contacted by your recruiter in the next two (2) business days (excludes weekends and holidays) to set a day and time for your interview.
The Castle Unit 345 2500 Castle Dr Manhattan, NY
T: +216 (0)40 3629 4753 E: hello@themenectar.com