Ment Funding is dedicated to investing in traders since 2021, offering a unique approach with no time limits and a simple 1-step funding process.
With funding up to $1,000,000 and account scaling up to $5,000,000, Ment Funding provides a transparent and flexible environment for traders to achieve their goals.
About Ment Funding Prop Firm: An Overview
Legal Company Name:
Ment Funding, LLC, an affiliate of Prop Account, LLC. All funding assessments are provided by Prop Account, LLC and all assessment fees are paid to Prop Account, LLC.
Founding Year:
2021
Executive Team:
CEO: Anton Calmes
Trading Platforms
Ment Funding offers a variety of trading platforms to cater to different trading preferences:
- DXTrade
- Match Trader
- cTrader
Instruments Available at Ment Funding
Traders can trade a wide range of instruments, including:
- Forex pairs
- Metals
- Indices
- Cryptocurrencies
How to Make Payments at Ment Funding Prop Firm
Payments can be made via cryptocurrency or through fiat payment options with Riseworks.
Account Sizes
Ment Funding provides various account sizes to choose from:
- 25k: $250 fee
- 50k: $450 fee
- 100k: $750 fee
- 200k: $1500 fee
- 400k: $3000 fee
- 1 million: $7500 fee
Profit Splits in Ment Funding Prop Firm
Traders keep 75% of their profits, with an option to upgrade to 90%.
Profit Targets for Ment Funding Prop Firm
The profit target is set at 10% for all account sizes.
Maximum Daily Drawdown and Loss at Ment Funding Prop Firm
- Max Daily Loss: 5%
- Max Loss (Trailing Drawdown): 6%
Minimum/Maximum Trading Days Required at Ment Funding Prop Firm
There are no minimum or maximum trading days. Traders can pass the evaluation in one day or take their time.
Pricing for Ment Funding Prop Firm Challenge
The pricing varies based on the chosen account size, ranging from $250 for a 25k account to $7500 for a 1 million account.
Commissions and Fees at Ment Funding Prop Firm
- Forex: $6 roundtrip
- Commodities: $0 roundtrip
- Indices: $0 roundtrip
Ment Funding Prop Firm: Refund Policies
There are no refunds for the one-time evaluation fee, as services are rendered instantaneously upon purchase.
Trial Offers at Ment Funding Prop Firm
Ment Funding does not offer trial accounts but provides comprehensive support and resources to help traders succeed.
Payout Schedules of Ment Funding Prop Firm
Traders can request withdrawals of their gains at any time, but no more frequently than once per 30 days. Payouts are processed within 48 business hours.
Advantages and Disadvantages
(according to Trustpilot Reviews)
Positive Reviews
- Prompt and flexible customer support, often overlooking minor account breaches.
- Trustworthy with necessary resources and timely payouts.
- Active and helpful community on Discord.
- Transparent rules with no hidden conditions.
- Effective one-step evaluation process and large funding opportunities.
Negative Reviews
- High spreads on minor currency pairs and high commissions.
- Difficult "high water" drawdown rule to understand.
- Low leverage (1:10) perceived as limiting.
- No refunds for passed challenges or free retries.
- Concerns about rule changes and perceived focus on challenge failures.
FAQ Section
Q: What are the funding criteria to scale up to $5 million? A: To scale up, you need to meet the following criteria:
- A withdrawal must be processed on your account.
- 6 consecutive months where the maximum drawdown does not exceed 4%.
- At least 3 months within those 6 months must have gains exceeding 3%.
- A total gain of at least 10% since inception.
Q: Are there any hidden rules? A: No, all rules are clearly outlined in the Terms & Conditions. The same rules apply to both the evaluation and funded accounts.
Q: Can I hold positions over the weekend? A: No, all trades must be closed by 3:45pm EST on Friday. Any trades left open will be closed automatically.
Q: What platforms can I trade on? A: Ment Funding provides DXTrade, Match Trader, and cTrader platforms.
Q: How are commissions charged? A: Commissions are $6 roundtrip for Forex trades, while Commodities and Indices have no commission charges.
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