Company Information

Company Name: Mainet Funded
Company Legal Name: Mainet Prop Firm Services FZCO
Company Registration No.: Undisclosed
Operating Since: 4 April 2024
CEO Name: Undisclosed

Challenge Details

Mainet Funded offers three types of trading challenges:

1 Phase Evaluation
2 Phase Evaluation
No Evaluation Program

Here are the details :-

1 Phase Evaluation Details

Pricing:

$10,000 Account: $99
$25,000 Account: $199
$50,000 Account: $325
$100,000 Account: $515
$200,000 Account: $1150
$300,000 Account: $1600

Rules:

Profit Target: 10%
Total Loss: 6%
Daily Loss: 4%
Profit Share: 80%, up to 95% with scaling plan
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: 1:100
Max Lot Size: No Limit
Payout Frequency: 14 Days, reduced to 7 Days with scaling plan
Allows Copy Trading: No
Min Trading Days: 3 Days

2 Phase Evaluation Details

Pricing:

$10,000 Account: $75
$25,000 Account: $150
$50,000 Account: $250
$100,000 Account: $425
$200,000 Account: $900
$300,000 Account: $1300

Rules:

Profit Target (Phase 1): 8%
Profit Target (Phase 2): 5%
Total Loss: 10%
Daily Loss: 5%
Profit Share: 80%, up to 95% with scaling plan
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: 1:100
Max Lot Size: No Limit
Payout Frequency: 14 Days, reduced to 7 Days with scaling plan
Allows Copy Trading: No
Min Trading Days: 3 Days

No Evaluation Program Details

Pricing:

$10,000 Account: $500
$25,000 Account: $1,250
$50,000 Account: $2,500
$100,000 Account: $5,000

Rules:

Profit Target: None
Total Loss: 5%
Daily Loss: 4%
Profit Share: 80%, up to 95% with scaling plan
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: 1:100
Max Lot Size: No Limit
Payout Frequency: 14 Days, reduced to 7 Days with scaling plan
Allows Copy Trading: No
Min Trading Days: 3 Days

Scaling Plan

Mainet Funded offers a 4-stage scaling plan designed to reward consistent performance:

Novice
Pioneer
Strategist
Elite

How to Qualify:

Achieve a 12% profit over three consecutive months.
Maintain a 5% monthly profit during this period.
Request at least 4 withdrawals within three months.

Scaling Plan Rewards:

Mainet Funded has 4 stages of scaling plan rewards which are Novice, Pioneer, Strategist and Elite respectively.

Novice Stage Rewards :-

40% increase in account balance.
Profit split will be increased from 80% to 85%.
Maximum Drawdown will be increased from 10% to 11%.

Pioneer Stage Rewards :-

80% increase in account balance.
Profit split will be increased from 85% to 90%.
Maximum Daily Drawdown will be increased from 5% to 6%.
Maximum Drawdown will be increased from 11% to 12%.
Payout frequency will be increase from 14 Days to 7 Days

Strategist Stage Rewards :-

120% increase in account balance.
Profit split will be increased from 90% to 95%.
Maximum Drawdown will be increased from 12% to 13%

Elite Stage Rewards :-

150% increase in account balance.
Profit split will be increased from 90% to 95.
Maximum Daily Drawdown will be increased from 6% to 7%.
Maximum Drawdown will be increased from 13% to 14%.

Additional Bonuses:

$200 for a 10K account
$300 for a 25K account
$400 for a 50K account
$500 for a 100K account
$750 for a 200K account
$1000 for a 300K account

Spreads and News Trading Rules

Spreads:

Mainet Funded offers competitive spreads with rates generally below 0.3 pips but traders needs to be aware that the market conditions and liquidity may cause slight variations.

News Trading Rules:

Mainet Funded allow traders to trade during economic news events but traders cannot open or close any trade within 2 minutes before and after any news event.

Other Important Rules

Daily Drawdown Calculation:

Mainet Funded calculates daily drawdown based on the balance at the end of each day, the drawdown type used by Mainet Funded is based on balance Based Drawdown which means the drawdown amount will only increases if the account balance reaches a new high but does not decreases if there is any loss.

Countries Banned from Purchasing:

Currently, Mainet Funded does not allow traders from these countries to join their funding program :-

Syria
North Korea
Cuba
Iran

Prohibited Trading Strategies:

To maintain fairness, Mainet Funded does not allow these specific trading strategies :-

Martingale
Grid trading
High-Frequency Trading (HFT)
Ultra-Fast Scalping
Latency Arbitrage
Tick-Scalping
Multi-account reverse trading
Gambling strategies
Use of Emulators
News Scalping
Reverse Arbitrage Trading
Hedge Arbitrage Trading

Payout Methods:

Mainet Funded offers 3 main payout methods for withdrawing payouts :-

Bank Transfer
Stripe
Cryptocurrency

Trading Commissions:

Trading Commissions charged by Mainet Funded are as follows :-

$2.25 per lot per side for FX and Commodities during challenge phases and Phase 1 of the instant funding program.
$2.75 per lot per side for other funded program phases.

IP Rule:

Mainet Funded has not mentioned any IP Address rule. We advice traders to trade using the same device from which they purchase the account.

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