FAQ
Frequently Asked Questions
Discover the frequently asked questions and get the answers you need!
Is MaverseFX a prop firm or a complete trading platform?
No, not yet. MaverseFX is a platform for selling electronic documents primarily focused on the financial markets
How do I register on the MaverseFX site?
To register, you must first purchase the book. Here’s the process:
Scroll down to the bottom of the page where you see the book.
Press the button below the book labeled click here.
After purchasing the book, follow the steps until you fill out the registration form (Google Form).
Finally, send the information of your demo account created using the links mentioned.
Do participants in the free plan need to register?
No, they do not need to register on the site to participate. They only need to fill out the Google Form on the site.
Do I have to pay a fee to participate in this contest?
No, participation is free. However, you must buy a book based on a strategy of a profitable trader to fully participate. For the free trial plan, purchasing the book is not mandatory. You can still participate without the book and receive rewards if you are among the winners.
Is the date of the competition for clients who buy the books always stable every fortnight like the free trial plan?
There must be a minimum of 100 registered client-participants for the competition dates to remain stable.
Is there a rule of consistency in this competition?
Yes. The consistency rule helps traders avoid the risks associated with emotional trading. Traders must avoid losing 5% or $500 of their $10,000 demo account during the first week and must not lose more than 1% per day on average. Additionally, no trader should lose 10% or $1000 of their account during the 2-week period. Traders who repeatedly disregard these principles may become ineligible for future activities.
Will MaverseFX have future projects with the best traders from this competition?
Yes. Winning traders, especially those who demonstrate consistency, will benefit from additional advantages in large-scale projects.
How much does the e-book cost?
The e-book costs $39.99, but we offer a $10 discount, making it $29.99.
How many times do I need to buy the book?
You need to buy the book every time you wish to participate in the competition. It is mandatory for all participants, both new and returning.
Apart from FTMO, what other platforms can be used?
You can use any platform, but FTMO is the preferred choice of the majority.
If the competition is free, can we expect rewards?
Yes. For the free trial plan, the top 5 traders who earn more profits on their demo accounts (+$1.00) will receive rewards. For those who purchase the book, the top 5 traders will also receive rewards, with the number of winners varying proportionally to the number of participating clients.
How much do the winners of the free trial plan earn?
1st place: $100
2nd place: $50
5th place: $6.25
When the number of customers increases by at least 100, the rewards will increase by 25%.
How much do traders who buy the $29.99 book earn?
If there are 100 participating clients:
1st place: $1000
2nd place: $500
5th place: $62.5
If the number of participants increases by 100, rewards will increase by 25%. The number of winners may also increase, with the top winner potentially earning up to $3000 if there are 900 participants.
When and how will we receive the rewards?
Rewards will be distributed in the last week of the competition via crypto, moncash, Zelle, or unitransfer bank deposit.
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