Ment Funding is one of the modern prop firm which has been operating since October 2021. Ment Funding offers traders an opportunity to trade with capital up to $1 million and traders can also scale up to $5 million. With clear rules, one-step funding and no time limits, traders have access to raw spreads and superior execution, helping them grow their trading accounts confidently.
Company Information
- Company Name: Ment Funding
- Company Legal Name: Ment Funding, LLC
- Company Registration No.: 0804146603
- Operating Since: 2021
- CEO Name: Anton Calmes
Challenge Details
Ment Funding provides multiple funding options based on different account sizes, offering traders flexibility according to their needs. Below are the available challenges:
Pricing:
- Size: $25,000 – Price: $250
- Size: $50,000 – Price: $450
- Size: $100,000 – Price: $750
- Size: $200,000 – Price: $1,500
- Size: $400,000 – Price: $3,000
- Size: $1,000,000 – Price: $7,500
Rules
- Profit Target (Phase 1): 10%
- Total Loss: 6% Max Loss
- Daily Loss: 5% Max Daily Loss
- Profit Share: 90% (with upgrade)
- Drawdown Type: Balance-Based Drawdown
- Time Limit: No Time Limits
- Leverage: For Forex - 1:20, For Indices - 1:10
- Payout Frequency: Every 30 days
- Allows Copy Trading: Yes
- Minimum Trading Days: No minimum required
Scaling Plan
Ment Funding offers the ability to scale up your account to $5,000,000. To qualify for scaling:
- You must have processed at least one withdrawal.
- Keep the max drawdown below 4% for 6 consecutive months.
- Ensure at least 3 months show a 3% or higher gain.
- Achieve at least 10% total gain on the account since inception.
News Trading Rules
Ment Funding allows news trading, but traders must avoid opening positions within 3 minutes before or after a news event. Violating this rule can result in the removal of those trades or even account breaches.
Other Important Rules
Daily Drawdown Calculation:
Ment Funding calculates the daily drawdown based on your account's balance at the end of the previous day. Each day, Daily Drawdown limit will increase or decrease based on the account balance. The drawdown resets at 5 PM EST each day.
Countries Banned from Purchasing:
Ment Funding excludes traders from countries listed on OFAC sanctions.
Gambling Rules:
Ment Funding prohibits any form of gambling-like strategies. This includes using Martingale strategies, excessive risk-taking, or trading methods that rely solely on luck instead of sound trading principles.
Prohibited Trading Strategies:
- Exploiting platform errors or latency
- Using insider information
- Engaging in arbitrage across multiple accounts
- All-in trades with excessive risk
- Utilizing Martingale strategies
- Front-running trades
Payout Methods:
Ment Funding offers two payout methods:
- Bank Transfers via Riseworks.
- Wallet Withdrawals through Columis.
Payouts are processed within 48 business hours.
Trading Commissions:
Trading Commissions offered by Ment Funding is as follows :
- Forex: $7 roundtrip
- Commodities: $0 roundtrip
- Indices: $0 roundtrip
