As a proprietary trading firm, Ment Funding sets itself apart from the rest of the pack. It’s not just about numbers; it’s about you, the trader, and your success. In partnership with investing educator mentfx, Ment Funding provides an ecosystem that nurtures both new and seasoned traders. In this review, we will shed light on this unique opportunity, providing you with an in-depth understanding of the Ment Funding program.

Company Overview

Founded with the commitment to be the first industry-standard zero-time limit prop firm, Ment Funding aims to dissolve the boundaries faced by traders in the world of proprietary trading. The firm is steadfast in its goal to provide an equitable platform for traders to succeed without the imposition of hidden rules or stringent restrictions. The philosophy of “You Profit, We Profit” underpins its operational approach, making the firm a genuine partner in your trading endeavors.

Trading Programs

Ment Funding’s trading programs are designed with simplicity and fairness in mind. The firm presents an array of account sizes to choose from, ranging from $25,000 to $1,000,000, allowing you to pick the one that aligns best with your financial goals and risk tolerance.

Before gaining access to these live trading accounts, you must pass a one-step evaluation. This process involves reaching a profit target of 10%, which you can achieve at your own pace. This flexibility is unique to Ment Funding, enabling you to trade in a pressure-free environment.

Key Program Details

The Ment Funding program is laden with an array of trader-friendly features:

  1. Leverage: Standard leverage is set at 1:10, but there’s an option to upgrade to 1:20, which can amplify both potential profits and losses.
  2. Profit Sharing: You retain a generous 75% of your profits (90% with an upgrade). The withdrawal process is convenient, allowing you to take out your profits whenever you see fit.
  3. Costs: The one-time program fee varies from $250 to $7500, depending on the account size you choose.
  4. Account Breaches: Your account can only be breached by hitting the max loss, hitting the daily max loss, or by inactivity for 30 days.
  5. Trading Instruments: You have the freedom to trade over 300 instruments, including Currencies, Indices, Commodities, Stocks, and Cryptos.

Trading Rules

To maintain the integrity of the program, Ment Funding imposes three simple rules:

  1. Max Loss Rule: If your account hits the max loss level, it will be breached.
  2. Daily Max Loss: If you exceed the daily loss limit, your account will be breached.
  3. Inactivity Rule: If you don’t place a trade for 30 days, your account will be considered inactive and will be breached.

For those preferring Expert Advisors (EAs), Scripts, or Indicators, Ment Funding allows their use. The firm even encourages traders to use their unique strategies, making this an ideal platform for both manual and automated trading.

Program Costs and Profit Sharing

One of the most appealing features of the Ment Funding program is its equitable profit-sharing scheme. Once you pass the evaluation, you keep 75% of the profits you make. Moreover, if you wish, you can upgrade this percentage to 90%.

In terms of costs, there is a one-time fee that ranges between $250 and $7500, depending on the size of the account you choose. This fee provides access to the evaluation phase.

Quick Recap

Ment Funding presents an attractive opportunity for traders looking to showcase their skills and profit from their trades without the need to risk their own capital. With a seamless process, robust support, and favorable trading conditions, the program stands out in the proprietary trading space. The partnership with mentfx further enhances the value proposition, allowing traders to hone their skills and grow. Whether you’re a novice trader seeking to learn or a veteran trader wanting to amplify your earnings, Ment Funding can be your catalyst for success. Remember, however, to trade responsibly and manage your risks appropriately.

Quick Details for Ment Funding

Category Details
Program Costs Ranges from $250 to $7500 depending on account size
Available Funding $25,000 to $1,000,000 (can grow to $2,000,000)
Profit Sharing 75% (90% with an upgrade)
Maximum Drawdown 6% max loss, 5% daily loss
Evaluation Duration No minimum or maximum trading days
Profit Targets 10% return during evaluation
Money Back Guarantee Not specified
Minimum Trade Frequency At least one trade every 30 days
Trading Styles Allowed All styles, including EAs, hedging, news trading
Trading Instruments Over 300+, including currencies, indices, commodities, stocks, cryptos
Leverage 1:10 standard, upgradable to 1:20
Other Trading Rules 1) Account will be breached if max loss limit is hit; 2) Account will be breached if daily loss limit is hit; 3) Account will be breached if no trade placed for 30 days
Scaling Plan Yes, with each 5% increase in your account
First Payout Available anytime you choose

Remember to contact Ment Funding directly for the most accurate, current, and detailed information, as some aspects of the program could change over time.

What are the Experiences of Other Traders?

Positive Feedback:

The primary advantage frequently mentioned by traders is the wealth of educational resources provided by Ment Funding. This is seen as a distinguishing factor from many other funded trader programs. Notably, traders laud the beneficial partnership with mentfx, which appears to enhance the quality of resources and support available to them.

This positive response suggests that traders find the program helpful in honing their skills and deepening their understanding of the financial markets. The educational aspect seems to be a cornerstone of the Ment Funding experience, contributing significantly to trader satisfaction and success.

Negative Feedback:

On the other hand, some criticisms are raised concerning the trading conditions in the program. Traders have pointed out high spreads on some currency pairs, which could potentially cut into profitability, especially for those who rely on a high-frequency or scalping strategy.

Additionally, high commission fees are another source of dissatisfaction among some traders. These could be viewed as detracting from the overall value proposition, particularly when compared with other funded trader programs that might offer more competitive rates.

General Consensus:

Overall, Ment Funding is highly regarded in the online trading community based on its Trustpilot score. However, like all trading programs, it has its pros and cons. The common sentiment seems to be that while the educational resources and the partnership with mentfx greatly enhance the value of the program, some aspects of the trading conditions, such as spreads and commissions, could be improved.

It’s important for prospective traders to weigh these factors against their personal trading strategy and financial goals to determine if Ment Funding is the right fit for them. This review should serve as a starting point, but it is recommended that individual traders conduct further research and perhaps reach out to the company for any clarifications needed.

247trading Final Impressions on Ment Funding

In conclusion, Ment Funding provides a unique opportunity for traders seeking a combination of educational resources and funding for their trading activities. Leveraging its partnership with mentfx, it offers a substantial selection of training materials, which can be instrumental for both newcomers and experienced traders seeking to enhance their market knowledge.

However, like every trading program, it is not without its drawbacks. Some traders have expressed concerns over high spreads on certain currency pairs and commission fees, which can affect their trading strategies and overall profitability. Therefore, individuals whose strategies are sensitive to such factors may need to thoroughly consider these aspects before making a decision.

The investment required for each of the available programs is fairly reasonable when we consider the potential funding levels offered, making it an appealing prospect for many traders. The rules for passing the evaluation phase, such as the drawdown limit and profit target, seem standard compared to the industry, albeit still challenging, which reflects the program’s aim to fund competent and disciplined traders.

Ment Funding’s profit-sharing model, favoring traders with a 75% share of profits(up to 90% with an upgrade), is competitive within the industry, and the money-back guarantee can provide reassurance to those who may be hesitant to invest in a new program.

With no time limits set on the program, traders can either finish the challenge on day 1, or take their time to finish the challenge, with Ment Funding putting no time limits on the evaluation programs.

While Ment Funding has some areas for improvement, notably in the realm of spreads and commissions, its strong educational focus, generous profit sharing, and overall trading conditions make it a compelling option for traders looking for funded programs.

In light of these factors, I would recommend Ment Funding, particularly for traders who value ongoing learning and professional development, and are willing to manage their strategies within the context of the program’s trading conditions. Comparatively, while there are many funded trading programs out there, Ment Funding’s commitment to trader education, coupled with its competitive program structure, places it as a worthy contender in the landscape of funded trading programs.

Prospective traders should remember that the choice of a trading program is a deeply personal one, involving a careful assessment of individual goals, risk tolerance, trading strategy, and specific program features. It’s advisable to use this review as a starting point and to conduct additional research to ensure the most informed decision is made.