Ment Funding evaluates traders with a 10% profit target, providing access to leverage of up to 1:20. The maximum daily loss and total drawdown limitations are 5% and 6%, respectively. The profit split starts at 75%, upgradable up to 90%.
Company Overview
Ment Funding is a U.S.-based proprietary trading firm founded in 2021 and headquartered in Pennsylvania. The company is led by CEO Anton Calmes and operates in partnership with ThinkMarkets, a globally recognized broker.
What distinguishes Ment Funding is its streamlined one-step evaluation system aimed at enabling proficient traders to gain access to significant capital rapidly. The firm combines simplicity in structure with robust backing from a reputable brokerage partner.
Summary of Specifications
In this section, you will see a table consisting of the firm’s most important specifics and parameters. Ment Funding Key Features:
Account Currency | USD |
Minimum Price | $250 |
Maximum Leverage | 1:20 |
Maximum Profit Split | 90% |
Instruments | Forex, Indices, Metals |
Assets | Not Specified |
Evaluation Steps | 1 |
Withdrawal Methods | Crypto, Bank Transfer |
Maximum Fund Size | $5M |
First Profit Target | 10% |
Max. Daily Loss | 5% |
Challenge Time Limit | None |
News Trading | Prohibited |
Maximum Total Drawdown | 6% |
Trading Platforms | MT4, MT5, cTrader, Match Trader, DXTrade |
Commission Per Round Lot | $7 for Forex None for Other Products |
Trustpilot Score | 4.8/5 |
Payout Frequency | Monthly |
Established Country | United States |
Established Year | 2021 |
Ment Funding Advantages & Disadvantages
Like any other prop firm, this company has its strengths and weaknesses. Let's break them down by creating a table for you:
Advantages | Disadvantages |
Simple One-Step Evaluation Process With A Modest 10% Profit Target | Relatively High Entry Fees |
No Minimum Or Maximum Trading Day Requirements | Strict Daily (5%) And Overall (6%) Loss Limits |
Profit Split Of 75-90% | Limited Customer Support Channels |
Funding Up to $5M |
An Overview of the Funding & Prices in Ment Funding
Ment Funding offers a one-step Forex and one-step futures evaluation to assess traders' skills and provide them with up to $5 million in trading capital.
Evaluation Type | Forex | Futures |
Account size | Fees | |
$25,000 | $250 | |
$50,000 | $450 | |
$100,000 | $750 | |
$200,000 | $1,500 | |
$400,000 | $3,000 | |
$1,000,000 | $8,600 | - |
Account Opening & Verification
To begin using Ment Funding services, traders must first open an account with this prop firm. Ment Funding registration:
#1 Start from the Main Portal
Head over to the official Ment Funding website. On the homepage, locate and click the "Dashboard" button, then proceed by selecting "Create an account" from the login screen.
#2 Submit Your Registration Details
Fill out the sign-up form with the following details:
- Full name
- Username
- Email address
- Date of birth
- Country
- Phone number
Create a secure password and agree to the platform’s terms to submit the form.
#3 Access Your Trading Dashboard
Once registered, return to the login screen, enter your email and password, and click "Sign In". You’ll be redirected to your Ment Funding dashboard, where you can begin exploring Ment Funding’s funded programs and trading tools.
It's important to remember that while registration does not require documents, traders must verify their identities by providing valid documentation to become eligible for withdrawals.
Evaluation Phases and Rules for Challenges
Firms often provide challenges with various types of evaluation phasing, but Ment Funding does not take the same approach. This firm only offers 1-step challenges. Ment Funding Forex Evaluation trading conditions:
Profit Target | 10% |
Min./Max. Trading Days | Unlimited |
Max. Daily Loss | 5% |
Max. Overall Loss | 6% |
Leverage | 1:20 |
Profit Split | 75% (Up to 90%) |
Ment Funding also offers futures trading challenges with different trading objectives and conditions:
Profit Target | 10% |
Min./Max. Trading Days | 3 Months on Evaluation, Unlimited in Live |
Max. Daily Loss | 3% |
Max. Overall Loss | 6% |
Profit Split | 75% (Up to 90%) |
Consistency Score | 25% |
Bonuses And Promotions
Based on our investigations of the website and official resources, Ment Funding currently does not offer any bonuses. However, we found some promo codes on third-party websites:
- Get 6% off on fees by using [MENTSUMMER]
- 21% off on prices with [MENT2021]
Always check different resources besides the official ones to get the latest discount codes.
Ment Funding Rules
MentFunding has established various rules and trading conditions to promote risk management and discourage high-risk strategies. Ment Funding Rules:
- VPN and VPS: Ment Funding does not provide clear guidelines on the use of VPNs and VPS, so traders should adhere to the general terms and conditions;
- Hedging: Hedging is allowed within specific leverage and lot size limits, which are visible in the Ment Funding dashboard;
- Expert Advisors (EAs): EAs, copy trades, scripts, and indicators are permitted on the platform;
- Prohibited Practices: Practices like exploiting pricing errors, using insider information, Martingale strategies, and arbitrage are strictly forbidden;
- News Trading: Traders cannot open new positions during a 6-minute window around high-impact news events, but existing trades can still be managed.
IP Rules
Ment Funding does not provide explicit guidelines regarding the use of VPNs and VPS for trading, leaving traders to rely on general platform terms and conditions to ensure compliance.
Hedging Conditions
When it comes to hedging, Ment Funding allows it within specific constraints. These limitations, such as permissible leverage and lot sizes, are visible in the Ment Funding dashboard once a purchase is made. This ensures that traders can operate within the platform’s defined parameters without exceeding risk limits.
Are EAs Allowed?
Expert Advisors (EAs), copy traders, scripts, and indicators are all permitted on the platform, giving traders flexibility in their approach. However, Ment Funding maintains strict rules against certain high-risk or unethical trading behaviors.
Gambling and Risk Strategies
exploiting errors or latency in pricing, using non-public or insider information, and front-running trades are all prohibited. Additionally, utilizing third-party strategies that are marketed specifically to pass challenge accounts is not allowed, nor is the use of Martingale or similar strategies that do not indicate consistent profitability.
Arbitrage strategies between Ment Funding accounts or with third-party companies are also banned, as is the practice of "all-in" betting, which involves excessive risk-taking in a single trade or across multiple accounts.
If these prohibited practices are detected at any point during a trader’s evaluation, assessment, or their funded account phase, Ment Funding reserves the right to terminate the trader's participation in the program, including the forfeiture of any fees paid.
News Trading Rules
Ment Funding also enforces rules around news trading. They follow the red folder news events from Forex Factory, which are seen as the most impactful. Traders are restricted from opening new positions during a 6-minute window around such events, minutes before and 3 minutes after the event. However, existing trades can still be managed, such as closing positions, adjusting stop-loss levels, or moving trailing stops. This policy is intended to prevent traders from taking advantage of high-volatility conditions surrounding major news releases.
Ment Funding Trading Platforms
This prop firm offers a range of popular trading platforms to suit different trader preferences:
- MetaTrader 4 (MT4): The industry-standard platform known for its reliability and extensive features;
- MetaTrader 5 (MT5): An upgraded version of MT4 with additional timeframes and analytical tools;
- cTrader: A modern platform favored by many for its user-friendly interface and advanced charting capabilities;
- Match Trader: Available specifically for US traders, offering a unique trading experience;
- DXtrade: Another option for US-based traders, known for its intuitive design.
What Instruments Can I Trade on Ment Funding?
The mentioned firm provides access to every symbol offered by the broker for trading. While these assets might change, they mostly include:
- Forex Pairs: Major, minor, and exotic currency pairs with leverage up to 1:20;
- Indices: Popular global stock indices with leverage up to 1:10;
- Metals: Including gold and silver.
List of Payment Options
Payouts on prop firms can be done through different measures. Ment Funding offers limited payment options for profit withdrawals:
- Bank Transfers: Processed through Riseworks
- Wallet Withdrawals: Available via Columis for those preferring cryptocurrency
However, most other firms also offer limited options.
Commission & Fees: Does Ment Funding Have a Fair Commission Structure?
Based on the data available on the official website, the prop firm uses RAW accounts from the broker, and these accounts charge a $7 round-trip commission for Forex. For other products, there are no trading costs. There is no more detail regarding this mentioned on the website.
Ment Funding does not charge anything for withdrawal fees. However, banks or crypto wallet providers may charge their own fees. Last but not least, no hidden fees or recurring charges were seen in our investigations.
Educational Resources on Ment Funding Prop Firm
This company has dedicated a whole domain for the education content: Mentfx. This trading mentorship consists of these materials:
- Video tutorials
- Written guides
- Webinars on various trading topics
- Like weekly sessions
- Community of traders and
However, this mentorship is not free, and you have to pay a monthly fee of $100 for it. There are also free educational materials offered by the firm on their YouTube channel.
Trust Scores and Reviews
A financial company's trust scores can be very helpful in deciding whether it is reliable. Ment Funding does not have scores on many websites; however, it has earned a strong reputation on the Ment Funding Trustpilot page:
- 4.8/5 based on over 170 reviews;
- +80% of reviews are 5-star ratings.
Based on Ment Funding's score on the mentioned website, one can say that the firm is a suitable choice.
Customer Support, Contact, and Working Hours
Ment Funding offers customer services for various issues related to accounts, trading, assets, etc. However, there are not many methods to contact support. Support Contact Channels:
- Ment Funding Discord
The firm says that its CEO is actively involved on Discord and the YouTube community page. Also, they suggest users read the "Rules and FAQ" section, as they might find the answers to their questions there.
Ment Funding provides support services 24/7.
Social Media Channels
Most companies use social media platforms to post their latest updates and relevant content. Ment Funding has its social pages on 3 platforms, including:
- YouTube
- X (Formerly Twitter)
Ment Funding in Comparison with Other Prop Firms
The table below provides valuable information for traders to determine whether Ment Funding is the right choice for them.
Parameters | Ment Funding Prop Firm | |||
Minimum Challenge Price | $250 | $49 | $32 | $39 |
Maximum Fund Size | $1,000,000 | $1,500,000 | $4,000,000 | $250,000 |
Evaluation steps | 1-Step | 1-Step, 2-Step | 1-Step, 2-Step | 1-Step, 2-Step, 3-Step |
Profit Share | 90% | 90% | 95% | 100% |
Max Daily Drawdown | 10% | 4% | 5% | 5% |
Max Drawdown | 5% | 8% | 10% | 10% |
First Profit Target | 6% | 6% | 8% | 5% |
Challenge Time Limit | Unlimited | Unlimited | Unlimited | Unlimited |
Maximum Leverage | 1:20 | 1:125 | 1:100 | 1:100 |
Payout Frequency | Monthly | 14 Days | Varies | Bi-weekly |
Number of Trading Assets | Not Specified | 130 | 78 | 3000+ |
TF Expert Suggestion
Ment Funding provides 5 platforms [MT4, MT5, cTrader, Match Trader, DXTrade.] The firm charges $7 per round lot for Forex trading; no fee is charged in other markets. The company has received a 4.8/5 score on the Trustpilot website with more than 170 reviews from users.