Ment Funding Review

Ment Funding has established itself by emphasizing the creation of a fair trading environment. Backed by investor funds, they have the capability to provide live accounts to traders who demonstrate success.

Ment Funding pushes traders towards success. By offering the opportunity to trade up to a balance of $2,000,000 per account, they incentivize high performance. To earn this privilege, traders must successfully complete their 1-step evaluation, after which they enjoy a 75% profit split.

Who are Ment Funding?

Founded in October 2020, Ment Funding started as an educational platform for traders. In June 2021, they expanded their services to fund forex traders. Headquartered in Texas, USA, they grant traders access to a $2,000,000 balance per account, partnering with ASIC-regulated broker Eightcap based in Melbourne, Australia. Their main office is located at 5900 Balcones Drive, Suite 100, Austin, TX 78731.

Funding program options

Evaluation Program Accounts

Ment Funding offers a unique one-step evaluation program across seven different account sizes. Their aim? To identify and back genuine traders, enabling them to enjoy increased profits from their trading. Operating under the belief that their trader's gains are synonymous with their own, they reward consistent performance during the evaluation phase.

In the evaluation, traders can leverage up to 1:10 (or 1:20 with an upgrade). The primary objectives are to hit a 10% profit target without crossing the 4% daily loss or 5% trailing drawdown boundaries. There are no minimum or maximum trading days – only the profit target must be met. Successful completion grants a funded account with no profit targets, but the same loss limits apply.

The profits can be split after a mere three days of trading; subsequent payouts occur monthly.

Evaluation program account scaling plan

Traders aren’t just limited to scaling their account balance. As profits compound, lot size limitations can be adjusted. For every $10k profit earned on an account, the lot size limit can increase by 1 lot.

Evaluation program account rules

Evaluation programs have clear targets:

• Profit Target: 10% for evaluation, none for funded accounts.
• Maximum Daily Loss: 4% across all account sizes.
• Maximum Trailing Drawdown: 5% for all account sizes.
• Stop-loss: Mandatory unless upgraded.
• Lot Size Limit: Typically set based on initial balance, with a maximum of 1 lot per $10,000.
• No Weekend Holding: Positions cannot be held over weekends unless upgraded.

Upgrade options for your evaluation program accounts

• Hold trades over the weekend: 10% price increase with evaluation account purchase
• Double leverage: 25% price increase with evaluation account purchase (doubles leverage for forex pairs and metals, and doubles the maximum lot size limit)
• No stop-loss required: 10% price increase with evaluation account purchase

Choose any combination of the above upgrades to suit your trading style!

What sets Ment Funding apart?

Distinct from many peers, Ment Funding provides a direct one-step evaluation without day trading constraints. This means traders have the freedom to operate during news events and hold positions overnight.

When compared to other prop firms, Ment Funding's one-step evaluation prioritizes traders achieving a set profit target to qualify for payouts. This combines a 10% profit target with clear loss and lot size limits, all without restrictive trading day boundaries.

In essence, what makes Ment Funding stand out is their one-step evaluation program with clear and achievable targets, as well as the flexibility offered to traders.

Is securing capital from Ment Funding realistic?

Evaluating the feasibility of trading requirements is crucial when considering which prop firm aligns best with one's forex trading approach. High profit split percentages on significantly funded accounts might sound appealing, but if monthly gains expectations are excessive relative to low maximum drawdown percentages, the probability of success dwindles.

Securing capital through Ment Funding’s evaluation program seems feasible, largely due to their moderate 10% profit target and average loss boundaries.

Taking all factors into account, Ment Funding appears to be an ideal choice for funding, given their evaluation program's realistic objectives and clear payout conditions.

Payment Verification

Ment Funding, established in October 2020, transitioned into the prop firm business realm by June 2021. For traders who have successfully earned, their initial payout can be requisitioned after three trading days post-funding. Subsequently, withdrawals are restricted to a monthly basis.

As of now, we haven't been able to secure any tangible evidence of payments. We will share this information once it becomes accessible.

Ment Funding's Broker Affiliation

Ment Funding collaborates with the broker Eightcap, a financial entity regulated by ASIC, located in Melbourne, Australia. Initiated in 2009, Eightcap's primary focus is to deliver commendable financial solutions to its clientele. They have extended their presence with five global offices, catering to diverse financial markets that span FX, indices, commodities, and stocks.

Here's a snapshot of Eightcap's credentials:

• Trust Score: 73/99
• Total Tradeable Symbols: 326
• Forex Pairs: 45

Offerings:

• Forex Trading
• CFD Trading
• Cryptocurrency Trading
• Social Trading/Copy-Trading

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Two distinct account types are available: Raw and Standard. The cost structure is divergent for each, with Standard accounts utilizing a spread and Raw accounts relying on commissions.

Honored as the Best Global Forex MT4 Broker 2020 at the Global Forex Awards, they're renowned for their tailored trading experiences and advanced technological infrastructure. Traders can capitalize on the MetaTrader 4 platform for their transactions.

Trading instruments

When using Ment Funding, you can trade forex pairs, commodities, indices, stocks, and cryptocurrencies.

Trading fees

Trading commission:

Spread:

To check out the live spreads, use these login credentials to access the trading account below:

Platform: MetaTrader 4

Server: EightcapLtd-Demo2

Login Number: 20180408

Password: SXhfhCnh

Download Platform: Click here

Education & Assistance for Traders

Originally an offshoot of Mentfx, an educational entity, Ment Funding’s educational resources are predominantly accessible via their Youtube channel. For a more exhaustive content repository, one might need a subscription on their website.

Though Ment Funding hasn't initiated its thread on Forex Factory, it finds mentions in the 'PROP FIRM HUB' thread created by Masterrmind.

Click here to view the mentioned thread.

Feedback from Traders about Ment Funding

The general consensus surrounding Ment Funding is highly favorable.

Given its nascent stage in the prop firm industry, reviews are relatively limited. Out of 66 reviews on Trustpilot, they've secured a 4.6/5 rating.

A substantial portion of the Ment Funding community lauds its transparent and relaxed trading stipulations, setting them apart from many other prop firms in the industry.

Digital Presence

You can also connect with Ment Funding on various social media platforms:

• Youtube: 108k subscribers with 141 videos.
• Instagram: 41.2k followers.

Customer Service

For inquiries, Ment Funding's FAQ section is a valuable resource. Furthermore, their support team can be reached via their social media handles or directly through their website.

Click here to contact them.

Final Thoughts

Ment Funding stands out as a credible proprietary trading platform, offering traders the flexibility to choose from varied evaluation program account denominations.

These evaluation programs are characterized by a single-phase challenge. A 10% profit threshold is set for traders, with the protective guidelines of a 4% daily loss cap and a 5% trailing drawdown restriction. Successful traders can anticipate 75% profit splits, potentially scaling up to $2,000,000 account sizes.

In summation, Ment Funding is an ideal platform for those scouting for a prop firm with lucid and concise stipulations. Their reputation and comprehensive offerings make them a prime contender in the proprietary trading arena.

This review was last updated on 25.05.2023, 08:46 (CE(S)T).

So, does Ment Funding's proprietary trading firm structure resonate with you? Do they offer the trading instruments you are keen on?

We hope you found value in our review of Ment Funding's Proprietary Trading firm. We'd love to hear your feedback!