- Instant funding with a single-phase evaluation and 4.6/5 Trustpilot rating.
- Supportive team allowing weekend/overnight positions and news trading.
- Zero commission on various assets, no swap charges, and swift payouts.
- 80% profit share, 1:100 leverage, and manage up to 3x $5,760,000.
Ment Funding
- Live funded accounts with up to $2,000,000 funding.
- Trustworthy with a 4.6/5 Trustpilot rating.
- One-step evaluation with diverse trading instruments.
- Unrestricted trading style and no day limits.
- Supports EAโs, copy traders, scripts, indicators, hedging, and news trading.
Cons โ
FTUK
- Starting leverage of 1:10
- 2% Max stop loss risk limit
- Lot size consistency rule
Ment Funding
- 5% Maximum trailing drawdown
- No weekend positions
- Low leverage 1:2 up to 1:20
Rules ๐
FTUK
Lot Size Consistency, Maximum Loss, No Martingale Allowed, Profit Target, Stop Loss Required, Stop Loss Risk Per Position, Third Party Copy Trading Risk
Ment Funding
Lot Size Limit, Maximum Daily Loss, Maximum Loss, No Weekend Holding, Profit Target, Stop Loss Required
FTUK stands as a propelling force in the proprietary trading industry, offering its clients a doorway to instant funding without the prolonged evaluation phases that are common among competitors. With an impressive Trustpilot rating of 4.6 out of 5, they have established a reputation for trustworthy service and client support. One striking advantage is the zero commission on trades, absence of swap charges, and a commendable turnaround time on payouts. The generous profit-sharing model allows traders to retain 80% of the profits they generate using leverages of up to 1:100 and manage portfolios potentially reaching $17,280,000 across multiple accounts.
Comparison with Ment Funding
Ment Funding, while a youthful contender with its inception in October 2020, matches the Trustpilot score of FTUK and challenges the prop trading arena with live funded accounts of up to $2,000,000. Their one-step evaluation for traders reflects a streamlined approach, coupled with a broad spectrum of trading instruments, including the inclusion of stocks and crypto assets. Unbeknownst to many prop firms, Ment Funding's liberal policies accommodate a vast array of trading tools such as EA's, scripts, and even hedging - a blessing for traders with a specific niche.
Critical Assessment and Unique Perspectives
The less favorable policies of FTUK cannot be ignored, such as the initial conservative leverage of 1:10, limiting the agility of short-term traders, and the mandatory consistency in lot sizes, which might clash with dynamic trading strategies. The strict imposition of a 2% maximum stop loss per position might deter risk-embracing traders, yet it underlines FTUK's risk-averse philosophy. In comparison, Ment Funding's no weekend positions policy could be a substantial constraint for traders who capitalize on gaps or events over the weekend, despite its offering of more liberal leverage options.
Operational Dynamics
Deposit and withdrawal mechanisms speak volumes about the operational ease provided by prop firms. FTUK offers the modern trader flexibility with crypto transactions, alongside traditional credit/debit card options. In contrast, Ment Funding sticks to the more traditional route for deposits, albeit aligning with FTUK through bank wire transfers for withdrawals.
Product Offerings and Trading Conditions
The account sizes provided by FTUK range significantly, catering to different levels of ambition and investment capacity. They provide a balanced gamut of tradeable instruments but stop short of offering stocks and crypto, which are growing in popularity and are notably present in Ment Funding's varied list of instruments.
Conclusion
Trading with FTUK or Ment Funding presents a dichotomy of experiences. FTUK appeals to those seeking robust support, swift financial transactions, and the convenience of extensive funding capacity, ideal for traders geared toward commodities, forex, indices, and metals. In contrast, Ment Funding is more tailored to the eclectic trader, with no trading style off-limits and a more inclusive list of instruments at their disposal. Both firms actively manage risk, though their approaches to rules and restrictions diverge, indicating that the choice between them depends significantly on the trader's personal strategy, risk appetite, and preferred asset classes. Each firm offers unique avenues to profitability, underscoring the sophistication and diversity present in today's proprietary trading firm landscape.