Ment Funding Review 🚩

Many traders dream of having huge profits but they mostly lack trading capital to trade big. Proprietary trading firms often provide exactly this opportunity, to access funded trading accounts and start trading without risking their own funds.

Ment Funding is a proprietary trading firm that offers traders up to 90% profit-sharing. Traders start with a 75% profit split and can update their profit-sharing to 90% using paid upgrades.

The range of funded options is diverse at Ment Funding with the highest funded option being 1 million dollars while the lowest starts from 25k. Traders can speculate on Forex pairs, indices, and cryptos with the firm which has quite a narrow range of assets. Multi-asset traders will have a difficult time finding their preferred assets.

In this ment Funding review, we are going to assess the firm’s most critical features, including safety, assets, funded options, rules, platforms, support, and much more.

🏛️Safety & Security of Ment Funding

When it comes to prop trading, the safety of the firm you selected is paramount. While very tricky to assess, there are still several factors that can tell us how safe the prop firm is. There are no Ment Funding reviews on the FPA platform which is a huge drawback. This is because trader reviews are one of the most important factors for evaluating how safe the firm is and Ment Funding’s lack of this criterion is a definite red flag.

When it comes to experience in the industry, Ment Funding was launched back in 2021 giving it enough experience. The firm was backed by a regulated broker, EightCap. However, Ment Funding is now not licensed to provide any information about MetaTrader 5, which is a red flag also. The firm could be offering trading services without regulated brokers and traders have to be careful with this firm.

📊 Available Assets on Ment Funding

Ment Funding provides traders with access to limited access classes, including Forex, crypto, and indices. The leverage is also very conservative capped at 1:20. There is 1:20 leverage on Forex pairs, 1:2 on Crypto, and 1:10 on Indices.

The max lot sizes are limited to:

• 25k USD funded accounts – 2.5 lots with risk
• 50k USD – 5 lots
• 100k USD – 10 lots
• 250k – 25 lots
• 500k USD – 50 lots
• 1 million USD – 100 lots

Overall, Ment Funding offers a mediocre experience when it comes to asset diversity.

🗂️ Ment Funding Account Types

When it comes to ment Funding Funded account challenges, the firm offers only one funded account with a diverse funding range of 25k to 1 million USD. There is no lower funded amount provided for beginners, making Ment Funding mostly designed for experienced traders or traders who already have experience trading on funded accounts.

Ment Funding funded options are for traders who can speculate in medium to large trading accounts and the firm increased its maximum funding amount from 2 million to 1 million USD recently. The upper scale is up to 5 million USD.

📌 All Ment Funding funded challenges are 1-step evaluations, where traders only need to hit the 10% profit target to be given a live funded account.

Ment Funding had a scaling plan of up to 5 million dollars in funding. The maximum funding of 5 million dollars can only be reached with a scaling plan and consistently profitable trading. However, for traders who have lower amounts of funding, the scaling plan can be still activated by emailing the support of the firm. This can only be done when a trader achieves their profit target on the funded account.

📌 The exact list of Ment Funding funded challenges includes 25k, 50k, 100k, 200k, 400k, and 1 million USD.

When the trader hits their profit target without breaching rules, the firm provides them KYC/Contract to sign via Deel. Once a trader completes the KYC/Contract they are given access to a live funded account with access to live markets.

📌 The Ment Funding rules are standard like with many other firms, but the overall drawdown rate is very strict at 6%. The daily risk limit is 5% which is industry-average at this point. With this low maximum loss rate, the firm is not very suitable for swing trading, especially for trend-following strategies.

There are no minimum trading days and stop loss is mandatory. The stop-loss rule by ment Funding is a soft rule, meaning if a trader breaches this rule, the trade that was opened without stop-loss will be closed automatically by the firm, and the trader can continue trading on the funded account. All traders are required to close open positions by 3:45 pm EST on Friday. Any trades that are left will be closed automatically. This is a soft breach and traders can continue trading on Monday. Traders must place at least one trade every 30 days. Inactivity is considered a hard breach.

Metn Funding allows EAs (Expert Advisors) and hedging strategies.

💸 Ment Funding trading fees

Ment Funding has only 1-step account type and all fees for purchasing any of these accounts are one-time fees. Let’s list the pricing list for each of these funded challenges. The firm claims it offers discounts, but the pricing has been similar for the last 1 year, meaning these are default pricing and the sales are just a marketing trick.

📌 The one-time fees for each of the funded amounts start from 250 USD and can go up to 15,000 USD for 2 million accounts:

• 25,000 USD – 250 USD
• 50,000 USD – 450 USD
• 100,000 USD – 750 USD
• 200,000 USD – 1,500 USD
• 400,000 USD – 3,000 USD

Ment Funding does not offer 5 million accounts on default, traders need to use the firm’s scaling plan. The firm promises traders to double their accounts when they have at least one withdrawal processed. Traders must have at least 6 consecutive months of trading where their maximum drawdown does not exceed 4%. From these 6 months, at least 3 months must be with more than 3% profits. Traders must gain at least 10% on their account overall. Ment Funding free repeat is not available and traders will have to pay the on-time fees if they decide to start over again after breaching the hard rules set by the firm. Ment Funding free trial is lacking as the firm has just one step of paying the fee and starting to trade on the funded account right away.

📱 Platforms and Mobile Trading at Ment Funding

Platform diversity is important in prop trading as different traders might prefer different platforms depending on their preferred assets. Ment Funding offers several trading platforms such as DXTrade, cTrader, MT4, and MT5. The firm tries not to use MT4 or MT5 names on its website, meaning it does not have the right to use any of these names which is a red flag. MT4 and MT5 are advanced trading platforms for Forex trading, while cTrader is a similar advanced platform. All these platforms offer advanced features such as custom indicators and custom trading robots (EAs). DXTrade is a trading platform designed for prop trading, but it is inferior to all the abovementioned platforms. It does not offer custom indicators and has a limited number of technical indicators built-in.

All these platforms are available in the form of mobile trading apps allowing traders to speculate on financial markets on the go. Overall, Ment Funding’s mobile trading experience is very good and traders can use any trading strategies that require custom indicators or EAs.

📚 Education and research tools offered by Ment Funding

Ment Funding offers educational content to its traders. The firm offers trading courses where it offers trading strategies for prop trading. We can not confirm or deny the effectiveness of any of those methods offered by the firm. Take it with a grain of salt. There are no other tools or educational resources offered. There are no webinars or video content to learn trading or master trading platforms.

🤝 Customer Support of Ment Funding

When it comes to customer support, Ment Funding offers traders live chat and email channels. However, the live chat is only available via Discord which requires separate installation and account creation. This can only be useful for traders who already have Discord installed on their machines. There is no built-in live chat into the website of the Ment Funding and the support and website are only in the English language.

Frequently Asked Questions