Ment Funding Review: Scam or Legit? My Honest Take

If you’re looking to get funded as a trader, you might’ve heard of Ment Funding.

You might wonder:

Are they worth it?
How much fees do they charge?
Do they have instant funding?

In this Ment Funding review, I’ll help you find answers to all of these questions and more:

Before we begin,

Whether you’re looking to get instant funding or to get up to $100,000, the best bet for you would be City Traders Imperium. I have reviewed over 200 finance firms, including proprietary trading companies. They are my top recommendation because of 2000 positive reviews and easy-to-complete evaluation plans.

Get Funded

Pros

Multiple Funding Options
Great Trustpilot rating of 4.8/5
Add-ons available upon purchase Single-step evaluation
No commodity/indices commissions
Variety of trading instruments
No trading style restrictions
No daily trading limits
EAs, copy traders, scripts, indicators, and hedging allowed.
News trading allowed.
75% profit share.
Back by EightCap

Cons

5% trailing
Monthly Payouts
Flexible Leverage: 1:2-1:20 Newly
Established Prop Firm
No Weekend Holdings

What is Ment Funding?

As a subsidiary of the well-known Forex teaching platform MentFX, Ment Funding is a priceless tool for traders looking to improve their abilities and succeed in the financial markets. Fundamentally, MentFX offers a plethora of educational tools on YouTube for traders of all skill levels. These resources include both paid mentorship programs and free ones.

Ment Funding’s adventure began in October 2020, when it was first established as an instructional platform designed to help traders improve their knowledge and abilities in the FX trading industry. But the business quickly changed and expanded the range of services it offered; in June 2021, it took a big step forward and started sponsoring forex dealers.

Ment Funding offers traders a significant chance by allowing them to access an impressive $2,000,000 account balance per account. The company is based in the heart of Texas, USA. This is made possible by a strategic alliance with Melbourne, Australia-based Eightcap, an ASIC-regulated broker.

Ment Funding has a strong presence in the business, as seen by its handy location at 5900 Balcones Drive, Suite 100, Austin, TX 78731, which serves as its physical hub.

Ment Funding is committed to enabling traders to reach professional success, which distinguishes them from most of the top proprietary trading organizations in the market.

The ease of use and clarity of Ment Funding’s one-step assessment process are among its most notable attributes. With this novel strategy, traders have an easy opportunity to demonstrate their trading skills and obtain substantial capital. Ment Funding also takes pride in fostering an environment of fair trading that gives traders the confidence to participate in and navigate the markets.

In contrast to certain companies that place limitations, Ment Funding facilitates trading during critical news events and even lets traders hold onto positions overnight. This provides for a more accommodating and flexible trading environment that keeps up with the constantly changing dynamics of the world’s financial markets. In conclusion, Ment Funding provides traders with the resources and atmosphere they require to succeed in the intricate and dynamic realm of forex trading, acting as a beacon of hope and support.

Anton Calmes (Chief Executive Officer) at Ment Funding:

At Ment Funding, Anton Calmes is the well-known Chief Executive Officer, a crucial leadership job in the organization. He is in charge of the company’s management and overall strategic direction in this role. His responsibilities include setting the company’s direction, supervising daily operations, and making important decisions.

Setting the company’s aims and objectives as well as the rules and regulations required for its smooth operation are important tasks for Anton Calmes, the CEO. He is also in charge of encouraging innovation, expansion, and excellence in the organization’s culture.

Because of Anton’s leadership, Ment Funding can give its clients a safe and dependable trading environment where they may demonstrate their trading prowess and obtain finance. The firm’s endeavors to establish a network of support for traders and redefine industry standards are aided by his vision and experience.

Anton Calmes’s responsibilities as CEO probably include managing client relations, establishing alliances, and guiding the business toward sustained success in the cutthroat realm of financial services and proprietary trading. His knowledge and experience are crucial to the company’s efforts to empower traders and offer an open, learning, and development-focused environment.

Ment Funding Funding Programs and Challenges: Rules and Requirements

As part of its dedication to fostering and assisting traders, Ment Funding provides a thorough, one-step assessment process that helps prospective traders reach their trading objectives. By acting as a link to funded accounts, this program enables traders to advance their careers and make substantial gains. It all comes down to the idea that “your gains are our gains.”

I. Evaluation Program Accounts:

Ment Funding’s evaluation program is based on a wide range of account sizes, each designed to meet the needs of traders with different goals and degrees of experience. These accounts act as a transitional stage before reaching financing status.

Account Size and Pricing:

$25,000 – $250
$50,000 – $450
$100,000 – $750
$200,000 – $1,500
$400,000 – $3,000
$1,000,000 – $7,500
$2,000,000 – $15,000

II. Evaluation Phase Requirements:

An important part of Ment Funding’s program is the evaluation phase when traders must show off their abilities. For traders to smoothly move to a funded account, they need to fulfill the following requirements:

Achieve a profit target of 10%
Maintain a maximum daily loss of 5%
Adhere to a maximum drawdown of 6%

There are no set minimum or maximum trading day criteria during the evaluation period. To obtain a funded account, the main objective is to meet the profit target.

Ment Funding Broker: Do They Use a Reliable Platform?

Ment Funding has strategically collaborated with Eightcap, a reputable broker, as part of its commitment to provide traders with a fair and encouraging trading environment. The purpose of this collaboration is to provide traders with a smooth and reliable trading platform. The goals of Ment Funding are well aligned with Eightcap, which is renowned for its dependability and services.

I. Diverse Trading Options-

Eightcap is conscious of the unique needs and preferences of traders who obtain finance from Ment Funding. Eightcap allows for this diversity by offering two distinct account types:

1. Raw Accounts: Traders that favor a straightforward and open pricing structure are suited for these accounts. Raw accounts have a commission-based fee structure. To ensure pricing transparency, traders must pay a commission on their trades in exchange for tight spreads.

2. Standard Accounts: Standard accounts, on the other hand, serve merchants who value ease of use and simplicity. Standard accounts are a simple option for anyone seeking a comprehensive trading experience because costs are included in the spread. This method is intended to be user-friendly and minimize the need for intricate charge computations.

II. Tailored Cost Structures-

Eightcap enables traders backed by Ment Funding to select the account type that most closely matches their trading tastes and methods by providing both regular and raw accounts with different cost structures.

The cost is included in the spread for regular accounts, making trading easier. Traders don’t have to worry about extra costs; instead, they can concentrate on carrying out their plans.
In contrast, raw accounts use a commission-based business model. These accounts guarantee trading cost transparency by requiring traders to pay a distinct and transparent commission. Traders who appreciate precision in cost monitoring could find this approach appealing.

Ment Funding and Eightcap give traders the ability to choose account types that best fit their goals and trading habits by offering them varying fee structures.

Together with the variety of account options, Ment Funding’s relationship with Eightcap demonstrates its dedication to providing traders with a flexible and equitable trading environment that meets their individual needs. This partnership is evidence of both organizations’ commitment to helping and guiding traders in their quest for success in the financial markets.

Ment Funding Fees: How Much Do They Charge?

Any trader should give careful thought to trading costs, which are designed at Ment Funding to be both transparent and adaptable. To guarantee that the cost structure is in line with the characteristics of the trading instrument, traders will discover that the fees are divided into categories according to the kind of assets being exchanged.

The trading commission for Forex trading is a simple and transparent $6 per lot, making it easy for me to figure out how much I’ll be spending. Ment Funding has a customer-centric strategy when it comes to trading indices and commodities by providing me with a trading commission of $0 per lot, enabling me to optimize my profits. There is a difference between trading shares in the US and the UK.

The cost for trading US equities is $4 per lot, but the competitive fee for trading UK stocks is 0.01% per lot. Lastly, Ment Funding offers me a cost advantage in the quickly expanding world of cryptocurrencies by charging $0 per lot for trading commissions, allowing me to benefit from digital assets’ potential without having to pay large fees.

With the flexibility and clarity this structured fee system offers, I can choose the most economical course of action for my trading strategy across a range of asset classes.

Ment Funding Proof of Payment:

Since its founding in October 2020, Ment Funding, a respectable proprietary trading company, has made a name for itself in the market. By entering the realm of proprietary trading in June 2021, it expanded the scope of its business and cemented its standing as a reliable trading partner. The payment structure of Ment Funding’s program is one of its outstanding features; it was created with traders’ ease of use and profitability in mind.

I. Payout Flexibility: Ment Funding gives you the freedom to ask for your first payout whenever it’s most convenient for you after you reach funded status and start making money on your trading account. This first payout is evidence of how well your trading efforts are going, and the company makes sure you have the freedom to get your money as soon as possible. This clause lays the groundwork for traders to profit from their labors without being constrained in any way.

II. Monthly Payouts: Ment Funding stays true to its goal of making sure traders have easy access to their profits after the first payout. Every month, subsequent payouts are made available to traders, providing a steady and reliable flow of money. This strategy demonstrates Ment Funding’s commitment to supporting traders’ financial development and development within the program.

III. Community-Driven Validation: The active trading community at Ment Funding shares the company’s dedication to openness and trust. The company has created a friendly community where traders gather on Discord and other platforms to exchange stories and accomplishments. One remarkable aspect of this community is the sharing of payment proof, which acts as concrete proof of the Ment Funding program’s success stories.

IV. Real-World Examples: Two examples of payment proof from the Discord channel are provided as an example of this community-driven validation. These real-world examples show off traders who have profited from their hard work and expertise within the Ment Funding scheme. Such real-world proof bolsters the firm’s dedication to enabling people in their trading adventures by providing inspiration and assurance to novice and aspiring traders.

Together with community-driven validation, Ment Funding’s payout policy is clear and consistent, demonstrating its dedication to establishing credibility and promoting success in the trading industry. For traders looking to succeed in their trading careers, Ment Funding is a dependable partner because of its established track record and encouraging community.

Ment Funding Customer Support:

Ment Funding’s broad social media presence is indicative of its understanding of the value of interaction and accessibility in the trading industry.

You may locate and communicate with Ment Funding through these channels:

I. YouTube Channel: With 651 subscribers, Mind Funding has an interesting and educational YouTube channel. With seven videos released, this channel is a great resource for traders of all skill levels. The YouTube channel gives Ment Funding’s solutions a visual component by giving everything from instructional videos to insights into the world of trading.

II. Twitter: Ment Funding has cultivated a 5,499-follower community on Twitter. This platform acts as a dynamic hub for news, updates, and conversations with other traders. Traders can participate in conversations with like-minded people and remain up to date on the latest developments by following their Twitter accounts.

III. Instagram: With 9,836 followers, Mind Funding has a flourishing account there. This platform gives a unique perspective on the operations and accomplishments of the company by taking users on a visual trip through the world of trading. For merchants, it provides motivation and a way to maintain ties with the community.

IV. Discord Channel: The 9,482 members of Ment Funding’s Discord channel provide a lively environment for the community. This area functions as a dynamic gathering place for conversations, experience exchanges, and advice-seeking. It demonstrates Ment Funding’s dedication to creating a positive trading environment.

V. FAQ Page and Support: Ment Funding has set up a thorough FAQ page where you may find answers to your inquiries concerning the company, its services, and the trading program. This is available to everyone looking for information and help.

Furthermore, I find their support staff easily accessible on all of their social media platforms, ensuring that my questions are answered right away. Alternatively, I can get in touch with them directly through their website, which directs me to their active Discord channel a major hub for interaction and teamwork within the Ment Funding community.

With a multitude of resources and support options available, Ment Funding’s multichannel social media presence guarantees that I, along with other traders, can interact, learn, and develop within the firm’s vibrant and encouraging trading community.

What makes Ment Funding unique?

Among the top companies in the sector, Ment Funding is a special company mainly due to its innovative one-step assessment process. The Ment Funding review procedure is simplified into a single stage, making it more effective and simple for prospective traders than other proprietary trading organizations. Before traders are eligible for rewards under this scheme, they must fulfill a predetermined profit target.

The evaluation program’s primary success criteria are to turn a profit of 10% while keeping daily losses to a maximum of 5%. Traders are also required to use stop-loss orders and adhere to a maximum drawdown limit of 6% unless they have chosen a premium upgrade that allows them to be exempt from this rule. There are also rigorous constraints on lot sizes, further assuring risk control and responsible trading.

The fact that Ment Funding does not impose any minimum or maximum trading day requirements on its traders is one of its main advantages. As a result, merchants can trade more freely and stress-free because they are not under the additional pressure of time limits. Traders can select their trading schedules as there are no strict daily limits or restrictions on trading frequency.

Furthermore, Ment Funding permits traders to engage in trading activities during news events and even hold positions overnight. Unlike some other prop trading companies, which have rules against trading during news releases or holding positions overnight, ours is a more flexible one. For traders looking to take advantage of opportunities and efficiently manage their strategies, the capacity to trade during major market-moving events and hold positions outside of typical trading hours can be a crucial tool.

One distinctive aspect of Ment Funding’s scaling plan sets us apart from other firms. We take a different approach, allowing traders to increase their account balance as they compound their gains. As their funded accounts grow, traders can modify their lot size constraints instead of just increasing the account value. This unique scaling method empowers traders to make proportional adjustments to their trading positions, aligning them with their growing capital while maintaining risk management principles.

Unlike most of the leading proprietary trading firms in the market, we allow traders to trade during news events and maintain positions overnight. We also offer a transparent evaluation procedure with no minimum or maximum trading day requirements. With a heavy emphasis on risk management and ethical trading, our innovative method provides traders with a distinctive and adaptable trading environment.

Ment Funding Reviews: What Do Their Customers Say?

Trustpilot:

On Trustpilot, Ment Funding has 4.6 stars out of 5 stars, and a total of 145 customers reviewed them there. They are a verified company on Trustpilot. The company is in an excellent state on this platform.

#1. I apologize for the misunderstanding on my end. I have not received the mentfunding credentials for my 100k account. Please respond quickly so I may access my evaluation account.

#2. The regulations restored the fun element to trading, and the objectives are doable. It was a great experience.

#3. Great idea, and they respond to suggestions and send the account. Be aware that your lot size is capped based on account size, thus trading crypto with a lower valuation than Ethereum or Bitcoin may not be in your best interest because you won’t be able to position size properly. The trailing drawdown is in the rules and FAQ area, not on the front page.

I think this company needs more time to be great. I would wait to join unless you have a solid strategy to handle a tail drawdown during evaluation. Once you’re clear, funded, and making a steady profit, you should be good.

#4. When they stop providing MT4/MT5, they won’t reimburse my account. In response to Ment’s remarks, a few companies reimbursed my accounts following the discontinuation of MT4/5. I also awarded them five stars.

Wrapping it up:

Ment Funding is a comprehensive entity that smoothly combines the functions of a proprietary trading firm with an instructional platform. These are the only significant disadvantages, however, some inexperienced traders can be first put off by the comparatively higher expenses and seasoned traders might not notice the inclusion of a scaling plan. Beyond these features, this specific unique company has very little to be dissatisfied with.

The unwavering dedication of Ment Funding to education, assistance, and cultivating a collaborative culture among its broad community of traders is what makes it stand out. This demonstrates its commitment to changing industry standards. Ment Funding is a vibrant community of committed traders who all have the same goal of success; it is more than just a proprietary trading company.

Ment Funding is an appealing option for traders looking for a platform that not only acknowledges their abilities but also provides a well-defined route to expansion and finance. Ment Funding is a beacon of simplicity, transparency, and trader empowerment in a world where trading education and possibilities have frequently been elusive or enmeshed in complexity.

If you want to begin your trading journey, I recommend going with CTI’s Scaling Plan. Not only will you get instant funding with them but also get access to their vast selection of tools & resources.

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