Ment Funding

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Ment Funding is a Texas-based proprietary firm that was founded in October 2020 with a focus on providing education to traders. In June 2021, the company expanded its services and started offering funds to forex traders. The firm allows traders to trade with a $2,000,000 balance per account using Eightcap, an ASIC-regulated broker based in Melbourne, Australia, as their broker. Ment Funding's headquarters are located at 5900 Balcones Drive, Suite 100, Austin, TX 78731.

Ment Funding offers its traders a one-step evaluation program with seven different account sizes.

Ment Funding stands out from other industry-leading firms by offering a simple, one-step evaluation program for traders. Unlike many other prop firms, there are no minimum or maximum trading day requirements for traders at Ment Funding, and they can trade during news and hold positions overnight. The evaluation program at Ment Funding involves achieving a profit target of 10% with a maximum daily loss of 4% and a maximum trailing drawdown of 5%. There are also rules for stop-losses and lot size limits, unless traders opt for the Upgrade. Additionally, evaluation program accounts have a scaling plan, but it is different from other firms because traders cannot scale their account balance. They can only scale their lot size limits while compounding their profits on their funded account. In summary, Ment Funding is unique in the industry for offering a straightforward evaluation program with no minimum or maximum trading day requirements, and the ability to trade during news and hold positions overnight.

Ment Funding is a proprietary firm that was established in October 2020 and began offering prop firm services in June 2021. The firm allows traders to request their first payout after three active trading days while they are funded. After that, they are limited to one payout per month. We have not been able to find any proof of payment from Ment Funding at this time, but we will update this information if it becomes available in the future.

Ment Funding has partnered with ASIC-regulated broker Eightcap, based in Melbourne, Australia, to provide its technology services. Founded in 2009, Eightcap has a mission to offer exceptional financial services to its clients, and it has five offices around the world and regulations in multiple locations to support clients worldwide in trading across FX, indices, commodities, and shares. With an overall Trust Score of 73 out of 99, Eightcap is considered an average-risk broker, offering Forex and CFD trading, cryptocurrency trading, social trading/copy-trading, and a total of 326 tradeable symbols and 45 Forex pairs. The broker offers two account types, Raw and Standard, with different commissions and fees depending on which one is chosen. Prices for Standard accounts are built into a spread, while Raw accounts have a commission-based pricing structure.

Ment Funding has an FAQ page where you can find all the information you need about the firm. Their support team is available on their social media platforms, or you can contact them directly on their website by clicking the provided link.

In conclusion, Ment Funding is a legitimate proprietary trading firm that offers traders a range of evaluation program account sizes to choose from. Evaluation programs are a one-phase evaluation challenge that requires the completion of one phase before traders become funded and eligible for profit splits. Ment Funding requires traders to reach a profit target of 10% before becoming funded, which is a realistic goal given the firm's 4% maximum daily loss and 5% maximum trailing drawdown rules. With evaluation programs, traders can earn profit splits of up to 75% on accounts up to $2,000,000. I would recommend Ment Funding to anyone looking for a reputable prop firm with straightforward rules and excellent conditions for a wide range of trading strategies. After considering all that Ment Funding has to offer, they can be considered a legitimate and trustworthy option in the proprietary trading industry.