DUBAI: Maven lists its $2,000 Omo 2-Step challenge at $9 with coupon code OMO, down from $19, as part of promotional pricing across its simulated trading programme.
The $5,000 account is listed at $15 from $32. Prices rise to $38 for $10,000, $74 for $20,000, $143 for $50,000 and $284 for $100,000 under the same promotion.
Maven sets a 6% profit target in Phase 1 and an 8% target in Phase 2. The programme allows a maximum 8% loss and a 4% daily loss.
Traders who reach the funded stage keep 80% of profits generated in the simulated environment. Maven lists payouts every 10 business days on standard funded accounts.
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Challenge fees are described as refundable on the third withdrawal. Maven says its programmes use simulated funds and trading conditions.
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Its legal disclosure says the company does not act as a broker, accept deposits or provide access to real-market trading. The website does not give an expiry date for the OMO promotional pricing.