Ment Funding Forex prop firm review – Reliable Prop Firm

Ment Funding Forex prop firm review – Reliable Prop Firm

Fee

250 USD

Leverage

1:20

Account Sizes

25k-1m USD

Profit Split

Up to 90%

Ment Funding is a prop trading firm established in 2021, offering funded accounts from 25k to 1 million USD and a potential scaling to 5 million USD. It features diverse trading platforms and competitive profit splits but comes with higher costs of 250 USD

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Ment Funding prop firm offers funded accounts mainly with a 1-step model. The firm has been around since 2021 and offers diverse funded options from 25k to up to 1 million. Using a scaling plan, the firm offers up to 5 million dollars in funding. The firm offers a diverse range of advanced trading platforms and traders can select them during the purchasing process.

In this Ment Funding review, we will assess the firm’s safety, funding options, rules, assets, platforms, education, support, and more. After reading this review, you will discover whether Ment Funding can be trusted.

Overall

Ment Funding prop trading firm presents an interesting combination of high reliability, super positive trader reviews, and prop challenges from 25k. Since there are no smaller accounts, the pricing starts from 250 dollars, which is more expensive than their competition. The firm offers a wide range of trading platforms and low spreads from 0.1 pips, which is attractive. The pricing for 25k accounts is competitive itself, but there are no smaller options. The initial profit split is set at 75% and traders can increase it up to 90% using paid add-ons. Available trading assets include Forex pairs, indices, and commodities with leverage of 1:20 for FX and 1:10 for the others. Traders can pay an extra 100 USD to access educational resources. The rules are straightforward to follow.

Pros & cons of Ment Funding prop firm

Pros

  • Offers large funded accounts with a scaling plan of up to 5 million dollars
  • Provides a wide range of advanced trading platforms, including MT4, MT5, cTrader, and more
  • Allows a high-profit sharing of up to 90%
  • Positive Trustpilot reviews and 24/7 support via email and Discord

Cons

  • 🚫 Does not offer smaller account sizes below 25k USD, making its starting fee expensive at 250 USD
  • 🚫 The firm’s educational resources are paid and not included in funded accounts
  • 🚫 Live chat is only available via Discord

Safety of Ment Funding

Ment Funding reviews are lacking on the FPA, despite the firm having been established in 2021. This gives Ment Funding a decent experience in the prop trading industry. On Trustpilot, Ment Funding has almost only positive reviews. The firm has a few reviews of around 180 and the overall score is 4.8. This is a serious result, but sub-200 reviews might not directly indicate how reliable a firm is. The firm claims to be working with leading brokers but never discloses their names, which is a red flag. While the firm might really work with regulated brokers, the absence of their names is never a good thing for the safety of Ment Funding. Overall, Ment Funding has experience, has few reviews, most of which are positive, and supposedly works with regulated brokers, making the firm reliable. If the firm was a scam, there would be numerous 1-star reviews.

Ment Funding funding and maximum capital allocation

Ment Funding funded program is a 1-step evaluation challenge, where traders are required to hit the profit target once to get funded. The range of Ment Funding funding options is diverse and includes 25k, 50k, 100k, 200k, 400k, and 1 million USD amounts. There are no lower funded options below 25k, which is a downside. This lack of smaller funded options makes the firm a bit expensive, especially for beginners, but the reputation of Ment Funding indicates that the majority of traders are satisfied with the firm’s quality of services.

Ment Funding challenges have add-ons that enable traders to get an additional 20% profit split and allow them to hold positions over the weekends.

Ment Funding scaling plan allows prop traders to increase their funding to up to 5 million dollars, which is an impressive amount. Overall, the firm seems more focused on experienced traders who can start from at least 25k USD accounts and trade their way up to 5 million funding.

Ment Funding Assets

Ment Funding prop trading assets include FX pairs, commodities, and indices. There are no other assets, which is a downside for multi-asset traders.

The commissions are charged for Forex trading at 7 USD round trip per lot. The spreads start from 0.1 pips, which might be very useful for scalpers. Indices and commodities require no commissions. The leverage is 1:20 on Forex pairs and 1:10 on indices and commodities.

Ment Funding Trading rules and limitations

Ment Funding rules are simple, traders have to follow the ones listed in the terms and conditions and are not liable to be compliant with any rules outside of the terms. This enables the firm to eliminate hidden rules, which is always a positive move.

The daily risk limit is 5%, the maximum drawdown is 6%, and the profit target is 10%. Traders must place at least one trade in 30 days so as not to get disqualified for inactivity.

Ment Funding Fees

Ment Funding has expensive fees as the firm offers accounts from 25k USD funding. Here are the fees for all of its funded options:

  • Funded amount: 25,000 USD — One-time fee: 250 USD
  • 50,000 USD – 450 USD
  • 100,000 USD – 750 USD
  • 200,000 USD – 1,500 USD
  • 400,000 USD – 3,000 USD
  • 1,000,000 USD – 7,500 USD

As we can see, Ment Funding is not a cheap prop firm, but an overwhelming number of reviews are super positive about the firm’s services. Buying add-ons makes these options even more expensive. The increased profit share from 75% to 90% makes pricing 20% more expensive, and the allowance of weekend holding will increase pricing by 10% further. This makes high-end funded options incredibly expensive and is not recommended for everyone.

Ment Funding free trial is not offered at the moment as all accounts must be purchased and the Ment Funding free repeat is not possible currently either.

Overall, Ment Funding seems a reliable prop firm with expensive pricing caused by the lack of smaller funded options.

Ment Funding Platforms

The firm offers one of the most diverse ranges of trading platforms including Match-Trader, MetaTrader 4, MetaTrader 5, DXTrade, and cTrader. Using these platforms, traders can select the most suitable and familiar software to conduct full technical analysis using custom indicators and Expert Advisors. In the end, Ment Funding diverse platforms allow traders to use full advanced features and capabilities.

Ment Funding Profit-Sharing

Ment Funding profit split starts at 75% which is average. However, traders can further increase this profit sharing to up to 90%, but they will have to pay 20% more for their funded challenge.

Traders can request a payout at any time for their first withdrawal, but for all consecutive payouts, they can only request once per month.

Education and trading tools at Ment Funding

The firm offers paid educational resources and promises to teach mathematically backed trading strategies. Traders have to pay 100 USD to access educational courses and strategies offered by Ment Funding. There are no free resources available, which is a downside for the firm. There is no trading blog available either.

Customer Support at Ment Funding

The support is offered via live chat and email at Ment Funding prop trading firm. However, there is a catch. The live chat is only available via Discord, and traders are required to have the messenger software installed on their computers or mobile devices. This is an inconvenience. There is no phone support available. The email and Discord are working 24/7 which is useful.

Frequently Asked Questions on Ment Funding

Is Ment Funding Legit?
Ment Funding scam is highly unlikely as the firm has an overwhelmingly high number of positive reviews from traders. The firm provides simple rules to follow and everything is disclosed under terms and conditions. 
Is Ment Funding a good prop firm?
Ment Funding offers large funded accounts and diverse platforms, but its higher fees and lack of smaller account options may not suit all traders, particularly beginners.
What is the leverage offered by Ment Funding?
Ment Funding provides leverage of 1:20 for Forex pairs and 1:10 for indices and commodities.
What account sizes does Ment Funding offer?
Account sizes range from 25k to 1 million USD, with a scaling plan allowing traders to access up to 5 million USD.
Are there any discount codes available for Ment Funding?
Currently, there are no active discount codes available for Ment Funding funded accounts.
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