Ment Funding Review 2024

Jeremy Biberdorf
By: Jeremy Biberdorf
Nov 13, 2023
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Ment Funding logo

4.8/5

4.8 rating based on 5 ratings

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In a nutshell: Ment Funding is a prop firm founded in October 2020. It initially began as an educational platform for traders under the umbrella of Mentfx but later transitioned into a top-rated proprietary trading firm. Having witnessed the apparent success of traders over the years, Ment Funding recognized the struggle traders face in finding reliable funding opportunities. This insight led to the creation of the prop company that prioritizes the establishment of a fair trading environment for traders worldwide.

Backed by funding investors, Ment Funding provides successful traders with live-funded accounts. The firm has earned an excellent Trustpilot rating, indicating their commitment to fairness and transparency. Traders can access various add-ons upon purchase and can enjoy funding of up to $2,000,000 per account without any limitations. The firm offers a one-step evaluation program and boasts a wide variety of trading instruments, including all forex pairs, commodities, indices, stocks, and crypto. Moreover, there is no limitation on the trading style, no minimum or maximum trading day requirements, and EA’s, copy traders, scripts, indicators, hedging, and news trading are all allowed.

In this Ment Funding review, I will delve into a detailed analysis of the trading firm.

Service TypeFees
Prop FirmVariable
Pros & Cons
Pros
  • Live funded accounts
  • Funding up to $2,000,000 per account
  • One-step Evaluation
  • A large variety of trading instruments (all forex pairs, commodities, indices, stocks, crypto)
  • No minimum and maximum day limits
  • EA’s, copy traders, scripts, indicators, and hedging allowed
  • News trading allowed
  • No limit to your trading style
Cons
  • 6% Maximum trailing drawdown
  • Stop loss is required

Ment Funding Overview

Initial Capital $25000 – $2000000
Price Range $250 – $15000
Profit Split75%
Daily Loss5%
Max Drawdown6%
Profit Target10%
Tradable Products Forex, Crypto, Indices, Stocks, Commodities

What Is Ment Funding?

Ment Funding is a dedicated prop firm empowering traders to excel in their careers by providing them with the opportunity to trade up to $2,000,000 in balance per account. Ment Funding stands apart from most industry-leading prop trading firms by offering traders a simple and transparent one-step evaluation program. The firm supports traders with a fair trading environment, enabling them to trade during news events and hold trades overnight.

Prospective traders must pass the 1-step evaluation to receive funding. Successful candidates are rewarded with 75% profit splits on all their earnings.

Ment Funding’s one-step evaluation program offers seven different account sizes, and the evaluation phase requires traders to reach a profit target of 10% without exceeding a 5% maximum daily loss or 6% maximum trailing drawdown. Traders who complete the evaluation phase are awarded a funded account with no profit targets, only needing to adhere to the 5% max daily loss and 6% max drawdown rules. Payouts are available after three days of trading and, subsequently, on a monthly basis. The program imposes no minimum or maximum trading day requirements, and traders can trade during news events and hold trades overnight. Evaluation accounts offer a scaling plan that allows traders to scale their lot size limitations as they compound profits on their funded accounts. Consider exploring the platform by clicking here.

External Ment Funding Reviews & Ratings

Overall, Ment Funding has a good reputation online, as evident in their 4.8 out of 5 average rating on TrustPilot. After reading over all of the Ment Funding reviews I could find, here are the ones I found most telling:

SiteRating
Trustpilot4.8

Here are some reviews from traders who have experienced the platform firsthand:

“I registered with mentfx and I joined their competition and I was expecting my login details but I didn’t get it. So when I laid my complaint and the issue was resolved professionally and even as much as it can be frustrating to them they never treated me less or disrespected me knowing fully well that they are doing me a favour. They were up and doing the whole time to get me started. I am thankful I chose Mentfx. They are the best. I don’t know if there is a prop firm out there that gives people funds to use and still teach them ways to earn and pass? You’ll find this with them.”
“I’m a mentfx student therefore I trust mentfunding also. Reason I chose mentfunding is because I get flexibility and I can trade without time limits which is a game changer for someone who still has a day job. I have passed my challenge first try thanks to mentfx mentorship which I started back in 2021.
Everything about mentfunding is professional,no bs, common sense, logical and straight to business, just like it should be.”
“I’m a scalper, so I take a lot of trades to reach my goal. Most of propfirm don’t accept Scalping I don’t know why but in mentfunding there is no problem.
I feel at home!
My point of view mentfunding is here for traders, if you have done swing, intraday, scalping you are welcome to mentfunding. But don’t forget when buying a challenge to add a percentage (add-on) to be able to hold your trade during the weekend if you are a swinger.”

After reading through so many Ment Funding reviews, it is evident they have a very loyal following. It’s fans appreciate that there aren’t any hidden rules and how supportive and accommodating the support team is.

There are not many negative Ment Funding reviews to speak of. The one that I was able to uncover mentioned restrictive trading rules, although the  user did not disclose which rules he was specifically against.

If you want to read more about what people are saying about Ment Funding, you can consider searching the Ment Funding Reddit reviews. Although I must note that these aren’t from verified users, so the reviewer could have ulterior motives.

How Ment Funding Works

Ment Funding works by offering traders the opportunity to prove themselves through a one-step evaluation program and then providing them with access to live-funded accounts.

I will outline how the process works:

Evaluation

Interested traders need to go through a one-step evaluation program. This program involves trading with specific rules, where the trader needs to reach a profit target of 10% without exceeding a 5% maximum daily loss or a 6% maximum trailing drawdown. There are no minimum or maximum trading day requirements, and the only requirement to pass is hitting the profit target.

Funded Account

After successfully completing the evaluation phase, traders are awarded a funded account. In this phase, traders have no profit targets but must respect the 5% maximum daily loss and 6% maximum loss rules. After trading for three days, traders can request their first payout, which consists of a 75% profit split. Subsequent payouts are on a monthly basis.

Scaling

Ment Funding offers traders the opportunity to scale their trading accounts. With each 5% increase in the account balance, the maximum lot size allowed on the account will be increased. This approach allows traders to compound their accounts and increase their scalability with higher leverage, accommodating the needs of even the highest-end traders.

Account sizes and prices

Ment Funding offers seven different account sizes to cater to the diverse needs of traders, each available at a corresponding price. The options include:

  • A $25,000 account for $250
  • A $50,000 account for $425
  • A $100,000 account for $750
  • A $200,000 account for $1,500
  • A $400,000 account for $3,000
  • A $1,000,000 account for $7,500
  • A $2,000,000 account for $15,000

Traders retain 75% of their profits, with the option to upgrade and keep as much as 90%. The firm provides flexibility for the first withdrawal, allowing traders to request it whenever they choose. In addition, there are no minimum or maximum trading day requirements, enabling traders to get funded on the same day or take a year or even more if needed.

Ment Funding Upgrade Options

Ment Funding offers its traders the flexibility to tailor their 1-step evaluation to best suit their trading style. On the checkout page, after selecting a plan in the Evaluation section, traders have the option to purchase various upgrades that fine-tune the evaluation to their own system. The available upgrades and their associated price increases are as follows:

  • Hold Positions Over the Weekend – 10% price increase.
  • Double Leverage (applies to all FX and metals leverage, increasing it to up to 1:20 and doubling the maximum open lots available) – 25% price increase
  • No Stop Loss Required – 10% price increase
  • 90% Profit Split – 20% price increase

Please note that traders can choose to forgo all upgrades and pay the original price, or they can mix and match options by selecting one or all of the available upgrades.

Ment Funding aims to cater to a diverse range of traders, including algorithmic-based traders, manual-based traders, higher timeframe or longer-term based traders, as well as lower timeframe and scalp-based traders. By offering these upgrade options, Ment Funding seeks to provide an evaluation process that aligns with each trader’s unique preferences and strategies.

Ment Funding Broker

In its pursuit of fostering a fair trading environment, Ment Funding has strategically partnered with Eightcap, a broker known for its solid reputation. Eightcap offers a variety of trading options tailored to meet the needs of traders supported by Ment Funding. To cater to the diverse requirements of traders, Eightcap provides two distinct account types: Raw and Standard. These account types are designed with different cost structures, enabling traders backed by Ment Funding to select the option that aligns best with their trading approach. Specifically, costs for Standard accounts are embedded within the spread, while for Raw accounts, they are incorporated as a commission.

Ment Funding Trading Platform

Ment Funding empowers its traders with the industry-standard MetaTrader platforms MT4 and MT5. These platforms are renowned for their intuitive interface, advanced charting tools, and automated trading capabilities through Expert Advisors (EAs). Whether focusing on Forex with MT4 or seeking broader market access with MT5, traders have the right tools at their fingertips. With a robust set of features tailored to both novice and experienced traders, Ment Funding’s offering of the MetaTrader platforms ensures that traders can execute their strategies with confidence and precision.

Ment Funding Markets and Leverage

At Ment Funding, traders have access to a diverse range of markets, all offered through the trusted broker Eightcap. The proprietary firm provides traders with the ability to trade Currencies, Indices (including DXY, VIX), Commodities, Cryptocurrencies (with an expansive selection of over 200+), and Individual Shares. The tradeable forex pairs are designated with the “.i” suffix, for example, EURUSD.i, AUDUSD.i, US30.i. Similarly, tradeable Indices and Cryptocurrencies are identified with the “.p” suffix, such as BTCUSD.p, ETHUSD.p.

Leverage options vary depending on the asset class:

  • Forex, Metals, Oils, and Indices: 1:10 leverage
  • Cryptocurrencies: 1:2 leverage
  • CFD/Stocks: 1:5 leverage

Ment Funding is committed to offering traders a diverse and flexible trading environment, equipped with a broad selection of assets and accommodating leverage options to suit their trading strategies.

Ment Funding Payouts

Traders enjoy the flexibility of deciding when to request their initial payout. If preferred, they can opt to forgo immediate payouts in favor of compounding their account indefinitely. Unless customization has been made during the evaluation process to include the 90/10 profit split upgrade at checkout, the default profit distribution is set at 75/25. Here, traders retain 75% of their withdrawn profits. I must note that while the first payout can be requested at the trader’s discretion, subsequent payouts are limited to once every 30 days.

Ment Funding Withdrawal

Ment Funding, in collaboration with Deel, streamlines the process of managing trader agreements and handling profit withdrawals. When traders are ready to access their earnings, they can initiate a withdrawal request simply by sending an email to the company specifying the amount they wish to withdraw. Once the request is received, the company will promptly deposit the trader’s share of the profits into their Deel account. Traders can then easily withdraw their funds through a variety of methods available on the Deel platform, including wire transfer, PayPal, Payoneer, Coinbase, Revolut, ACH, and other popular methods.

Education for Traders

As a firm that Originated from the educational company Mentfx, Ment Funding actively supports trader education. The firm offers a wealth of free educational content on its YouTube channel, catering to traders of all levels. For those seeking in-depth resources, Ment Funding provides an extensive range of educational materials on its website, accessible through a monthly or yearly subscription. I believe this commitment to trader education shows that Ment Funding’s dedicated to helping its traders succeed in their trading careers.

Ment Funding Customer Support

Ment Funding has a dedicated FAQ section on its website to address common queries from users. Should you require further assistance, do not hesitate to contact their extremely responsive and helpful support staff, available around the clock. You can reach out to the support team by opening a support ticket through Discord. The team is always eager to provide assistance in resolving any issues you may encounter. The CEO of the firm is actively involved and accessible in the Discord community, on YouTube, and within the Ment Funding team. Rest assured; the team is always ready and willing to help you with any questions or concerns you may have.

Ment Funding Customer Reviews

Ment Funding users have expressed a high level of satisfaction with the services they’ve received. The positive feedback is evident in the company’s Trustpilot reviews, where they have gathered a stellar 4.8 out of 5-star rating from over 100 users. Many traders have praised the firm for its outstanding customer service and have also commended the CEO, Anton, for his accessibility and willingness to assist traders. The transparent trading environment, seamless payout process, and well-designed trading rules are some of the other aspects that have earned the firm high accolades from its users.

Why Shoukd You Use Ment Funding Prop Firm?

Ment Funding is a popular proprietary trading firm that offers a great opportunity for traders looking for funded accounts. The firm provides an uncomplicated one-step evaluation program, giving traders access to live-funded accounts of up to $2 million per account. You can trade a wide variety of instruments, including all forex pairs, commodities, indices, stocks, and crypto, and you’re free to employ any trading style that suits you. With a focus on fairness and providing a supportive environment for traders, Ment Funding has garnered a strong reputation, reflected in its impressive 4.8/5 Trustpilot rating. In addition, its partnership with trusted broker Eightcap, availability of the versatile MetaTrader platforms, and commitment to trader education and responsive customer service make it an excellent choice for those seeking a reliable and accommodating proprietary trading firm.

Ment Funding Alternatives

If something in my Ment Funding review turned you off to the prospect of using them for your prop trading needs, there are plenty of other quality options to consider.

One reliable prop trading firm out there is FundedNext. With their fast account access, favorable trading conditions, and sleek mobile app, FundedNext has burst onto the scene. My Funded Next review will let you know all you need to decide if it is right for you.

Another one of Ment Funding’s competitors is Fidelcrest. With initial funding of up to $1,000,000 and profit splits of up to 90% profitable traders have a lot to gain with Fidelcrest. If you want to learn more, my Fidelcrest review will tell you all you need to know to properly evaluate if it is the correct prop trading firm for you.

Ment Funding Review – Final Thoughts

After reading my Ment Funding review, you should realize their straightforward approach and dedication to providing a fair and supportive trading environment make it a standout choice for traders seeking funded accounts. With a simple one-step evaluation process, flexible trading options, and impressive account sizes of up to $2 million, it’s easy to see why traders find Ment Funding so appealing. The firm’s emphasis on education, along with its strong Trustpilot rating, further shows its commitment to the success of its traders. In a crowded marketplace, Ment Funding’s approachable and accommodating model truly sets it apart, offering traders a unique and attractive opportunity. Whether you’re a seasoned trader or just starting out, it’s worth considering Ment Funding as a partner in your trading journey.

If you’re serious about taking your trading career to the next level, using Ment Funding is strongly recommended. You’ll have the opportunity to trade with up to $2 million in funded accounts and benefit from a fair and flexible trading environment. Plus, you’ll have access to a wealth of educational resources to help you refine your trading skills. It’s a smart move for any dedicated trader looking to get trading capital. So why not visit Ment Funding’s website now and start a new, successful chapter in your trading journey? It’s an opportunity you don’t want to miss. Click here to get started.

Frequently Asked Questions

Yes, the money traded is real. The firm is supported by investors who supply the capital to fund successful traders with live accounts. When a trader is funded by the firm, they are trading with real money in a live account.

Absolutely. Hedging positions on both sides is allowed as long as you adhere to the permitted 1:10 leverage and lot size, which can be viewed in their dashboard after purchase. Furthermore, if a trade is moved to breakeven (meaning the stop loss is adjusted to lock in a profit on the overall position), the lots will be freed up and can be used for hedging.

Yes, you can hold positions over the weekend, but it requires an additional upgrade at the time of your evaluation purchase. This upgrade comes with a 10% price increase. If you choose this option, you will be able to maintain your positions through the weekend without any restrictions.”

Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He’s a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.