Within this review, we review both the pros and cons that any trader would need to know first before joining in. We provide a comprehensive overview of the profit-sharing model, funding criteria, and trading conditions of this firm compared to other proprietary trading firms.
Pros of Ment Funding Prop Firm
Access to Live-Funded Accounts
By successfully passing the evaluation stage, Ment Funding promotes traders into live-funded accounts, enabling them to trade live capital in live markets. In doing so, the trader is free to scale up operations with no financial risk. Thereby, it should allow seamless transition from evaluation into live where profits will be shared and real performance can shine.
One-Step Evaluation
Ment Funding introduced simplicity into the onboarding process through one-step evaluation that allowed traders to prove their skills and get live-funded accounts. Its simplicity reduces delays, enabling traders to access real capital faster than with multi-phase evaluations at other firms.
Variety of Trading Instruments
With Ment Funding, there is a great variety in the portfolio of trading instruments for traders: from forex to commodities and indices. The great variety allows traders to widen their strategy and maximize benefits in several markets. From currency pairs to speculating on gold or oil prices, Ment Funding provides all tools to profit from any move in those markets.
No Minimum or Maximum Day Limits
Ment Funding has no minimum or maximum day limits, allowing traders to progress at their own pace. This lets them complete evaluations and milestones without time pressure, enabling more strategic decision-making. Indeed, this flexibility provides just the perfect way for traders to obtain their goals in a relaxed and focused manner.
Trading Aides and Techniques
Ment Funding provides a full suite of trading aides and techniques that will help the trader on his path to success. Ment traders can utilize sophisticated tools by way of scripts, indicators, Expert Advisors (EAs), and copy trading systems. The platform welcomes everyone, allowing traders to optimize their strategies and automate processes for maximum efficiency. The firm also provides hedging and news trading options to let traders exercise a wide variety of methods to profit from different market situations. The support at this level helps them have the flexibility and tools needed for perfect performance.
Limitless Trading Style
With Ment Funding,any trading style is allowed: D-1 trades, swing trading, scalping, automated systems-using traders are welcome. There are no constraints on how you decide to approach the markets. Be in a position to adapt and optimize your trading strategies without constraints, having better potential for success.
Low Refundable Access Fees
Ment Funding invests in traders by offering them low refundable access fees to start their journey of being in a funded account. These minute fees keep the cost of entry very low and are designed to be easily recoverable to ensure a minimal barrier to entry, while the value of the trading capital can still be accessed by the traders. This means that it reduces the upfront investment risk and provides an economic way of entering professional trading.
Access to Capital
With Ment Funding, the trader will have direct access to substantial trading capital. In this respect, therefore, they will be able to make larger trades, taking advantage of even bigger market opportunities without investing one’s own money. Access to capital enables traders to scale strategies, expand opportunities, and achieve financial goals while reducing personal risks.
Cons of Ment Funding Prop Firm
110 Leverage
Ment Funding provides traders with up to 110:1 leverage. To put it another way, this facility enables you to achieve much greater position size with a comparatively small amount of capital. High leverage can significantly amplify your trading potential and enhance your ability to capitalize on market movements.
Overnight holding is not permitted on Ment Funding. It simply means traders have to close or hedge the positions before the weekend to avoid any potential risk during the market closure.
High Trailing Drawdown: 6%
Ment Funding boasts high trailing drawdown of 6%, thus giving traders a great buffer to absorb market volatility. This provides much more room to maneuver with trades without getting stopped out prematurely.
Evaluation Program Trading Rules & Objectives
Profit Target – Traders are expected to reach a certain percentage in profit to pass an evaluation stage and withdraw their profits or scale up their trading account. The profit target for the evaluation stage is 10%. Funded accounts do not have any designated profit targets.
Maximum Daily Loss: The greatest amount a trader can lose in any one day of trading without having breached the account. The maximum daily loss allowed on all account sizes is 5%.
Maximum Loss: The total amount a trader can lose without having breached the account. On all account sizes, the maximum loss is 6%.
Stop-loss Required – The trader should place a stop loss on each position before entry into the trade. It is a must. Not with Add-on
No Weekend Holding – Traders are not allowed to hold their trades over the weekend, and this simply means that all the trade should be closed before the close in the market on Friday. With Add-on there is holding over the weekend
Lot Size Limit – The limit of the sizes of the lots for specific trading instruments. These are, in most instances, based on the initial account balance of your trading account. Please refer to the lot size limitations below in the spreadsheet.
Frequently Asked Questions (FAQs)
What is Ment Funding Prop Firm?
Ment Funding is a proprietary trading firm with the legal name Prop Account, LLC that was incorporated in October 2020. They are located in Texas, United States, and are being managed by CEO Anton Calmes. Ment Funding offers traders a one-step evaluation option partnered with ThinkMarkets as their broker.
What Trading Platforms Does Ment Funding Offer?
Ment Funding offers trading through the MT4 platform, providing access to various trading markets, including forex, commodities, indices, stocks, and cryptocurrencies.
How does the Ment Funding program work?
It operates by evaluating the trader’s performance over a specified evaluation period. If the trader meets the program’s profit targets and respects the drawdown limits, they will get access to the funded account.
Is Ment Funding suitable for beginners?
Ment Funding offers programs that can cater to different skill levels. Moreover, the educational resources available can be particularly beneficial for beginners.
