- Capital allocation up to $800,000 with 75% to 95% profit share.
- Flexible leverage up to 1:100 and diverse trading instruments.
- Two unique funding programs and time-unlimited evaluation.
- Realistic profit goals (8% & 5%) with overnight/weekend trading.
- News trading allowed with an efficiently designed user interface.
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 EA’s, copy traders, scripts, indicators, hedging, and news trading.
Cons ❌
Goat Funded Trader
- Newer prop firm
- Limited community feedback
- Absence of a scaling plan
Ment Funding
- 5% Maximum trailing drawdown
- No weekend positions
- Low leverage 1:2 up to 1:20
Rules 📋
Goat Funded Trader
Maximum Daily Loss, Maximum Loss, Maximum Trading Days, Minimum Trading Days, Profit Target, Third Party Copy Trading Risk, Third Party EA Risk
Ment Funding
Lot Size Limit, Maximum Daily Loss, Maximum Loss, No Weekend Holding, Profit Target, Stop Loss Required
When comparing Goat Funded Trader and Ment Funding in terms of capital allocation and profit share, retail traders have an opportunity to scale their trading ambitions. Goat Funded Trader offers an impressive capital allocation up to $800,000 with a profit share ranging from 75% to 95%. This can be particularly enticing for traders who are confident in their strategies and are looking for significant capital to trade with, as well as a substantial share in the profits they generate.
On the other hand, Ment Funding steps up with the promise of live funded accounts that can go up to a staggering $2,000,000, which is among the highest in the industry, representing a profound opportunity for seasoned traders. Nonetheless, they do not publicly detail their profit share ratios, leaving potential users to dig deeper to find out this critical piece of information, which can influence a trader’s decision-making process.
Trading Conditions and Evaluation
Goat Funded Trader offers flexible leverage up to 1:100 and allows for a diversity of trading instruments, accommodating both conservative and aggressive trading styles. The firm provides traders with two unique funding programs, alongside time-unlimited evaluations, which offer realistic profit goals of 8% and 5% respectively. This time flexibility in evaluation is a positive aspect for traders who need a buffer to adapt to market conditions and strategy testing.
Conversely, Ment Funding allows for a one-step evaluation process, reducing the barrier and time needed to access live funded accounts. However, they have notably lower leverage options, ranging from 1:2 to 1:20. This conservative leverage may limit certain trading strategies but can also reduce the risk traders are exposed to, potentially appealing to those with a risk-averse profile.
User Interface and Trading Style
A noteworthy feature of Goat Funded Trader is their efficiently designed user interface, which can significantly enhance the trading experience, especially for traders who rely on speed and clarity during market operations. The ability to trade the news is an added advantage for those who align their trading tactics with economic events.
Ment Funding offers an unrestricted trading style and lacks day limits, complementing this flexibility with support for Expert Advisors (EA), copy traders, scripts, indicators, hedging, and news trading, which stands out for algorithmic traders and those using complex strategies.
Firm Regulations and Restrictions
Both Goat Funded Trader and Ment Funding impose a set of rules, such as maximum daily loss and loss limits which are standard in the industry to manage risk. Goat Funded Trader has explicit rules regarding the maximum trading days, minimum trading days, and restrictions on third-party copying and EA usage. In contrast, Ment Funding is more lenient, allowing for lot size limitations which could be a double-edged sword—providing freedom but also potentially leading to undisciplined trading if not managed properly.
Funding and Withdrawals
Differences in deposit and withdrawal methods could be a deciding factor for users. Goat Funded Trader accepts both credit/debit cards and crypto for deposits, catering to modern traders who prefer diverse payment methods. Withdrawals through Deel might be less familiar to users but could offer more flexibility in international banking. Ment Funding, while conventional with credit/debit card deposits and bank wire transfers for withdrawals, may instill a higher level of trust due to their established banking methods.
Account Offerings and Tradeable Instruments
Variety in account sizes is apparent with Goat Funded Trader, providing options ranging from $8,000 to $200,000, ensuring that they accommodate traders of different financial capacities and risk appetites. Both firms offer a wide array of tradeable instruments, including commodities, crypto, forex, indices, metals, and stocks, showcasing their capability to cater to diverse trading preferences.
Conclusion
In summary, Goat Funded Trader and Ment Funding both present unique advantages for retail traders. Goat Funded Trader's higher leverage and unlimited evaluation period might attract traders looking for flexibility and higher profit potentials. On the flip side, Ment Funding’s massive funding option and the simplicity of their one-step evaluation process, paired with their high Trustpilot rating, offer an immediate sense of reliability and access to significant capital.
Ultimately, the choice between these two prop firms will hinge on the individual trader’s strategy, risk tolerance, and the specific conditions under which they perform best. Each firm has crafted distinct programs that cater to the diverse ecosystem of retail traders, and a detailed analysis of each, as provided, will be indispensable for prospective users making their choice.