Prop firm Maven has announced a change to its trading rules, removing the policy commonly known as the “martingale rule.” The firm made the announcement on X on Nov. 11.
The previous rule limited the number of positions traders could open on a single currency pair while in a loss. Under the new guidelines, this restriction has been lifted. Traders are now permitted to have up to five positions open simultaneously on the same pair, even during a drawdown.
The change allows for more complex position management, though it also places responsibility on the individual trader to manage associated risks.
Trading Rule Updates Across Prop Firms
In other industry news, Alpha Futures has eliminated the Daily Loss Limit from its Advanced account plan, a move the firm highlights as a major enhancement to its offering for professional traders.
The revised plan introduces a more flexible trading environment, removing several common restrictions. Key updates include no consistency rule during the evaluation phase, no scaling requirements, and unrestricted trading during news events. Additionally, the plan now applies an end-of-day drawdown model for risk assessment.
Meanwhile, FundingTraders has introduced a new payment structure that postpones most trader fees until after they successfully complete an initial evaluation.
Promoted as a “risk-free challenge,” the firm says this model is an industry first. Under the new system, traders pay a minimal entry fee to start the evaluation, with the full cost of a funded account only due upon passing the challenge.
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