Mainet Funded Review: Ripoff Fees For Shabby Funding Options

With the website revolving around aesthetic appeal rather than providing transparent information, this company isn’t exactly making ripples with the trading public. While some offers showcased on the site seem appealing, we’ve found plenty of reasons to be skeptical about the quality of service.

Our Mainet Funded review will show you a more in-depth analysis of this company, and give you a hint on a better funded trading option.

Who Owns Mainet Funded Brand?

Mainet Prop Firm Services FZCO or MainetFunded FZCO, what’s it gonna be? The owning company of the Mainet Funded prop firm isn’t revealed in a clear and understandable way. Disclaimer in the website footer lists one company:

However, legal documents list an entirely different entity, but with a somewhat similar name:

The Government of Dubai has a section on their website where you can search for a business entity by their name. Let us immediately tell you that neither of these entities appear in this register:

As previously noted, the search results are the same for the other entity, as well:

The website itself is relatively new as it went live in November 2023, with the owners of the campaign being completely anonymous.

Up till now, the company has been active on some social media sites like X, YouTube, Telegram, Discord and TikTok, but with barely any following. They’ve also had their services promoted by occasional social networks influencers.

Due to being a recently established brand, the project doesn’t have any Mainet Funded reviews on popular review sites and is yet unlisted on Propfirmmatch.com. Surely, user reviews can mean a lot when it comes to judging about the quality of service provided, as evident in the case of Educate2Trade.

Mainet Funded Platform Overview

One of the first things you notice when trying to create a Mainet Funded login is that the Sponsor ID is mandatory. In other words, it means that you need to be directly invited by somebody who is already a client.

This sort of onboarding filters out any casual website visitors from joining, while furthering the company affiliate agenda. It also makes the company focus more on traders being closely acquainted rather than being experts in the field.

Evaluation plans are divided into 1-Phase and 2-Phase plans. For each of these groups, there are several sub-types of challenges, which only differ in participation fee. Here’s an overview of 1-Phase challenges:

2-Phase evaluation doesn’t differ much when it comes to trading parameters, take a look:

Notice how this prop firm does not openly discuss their trading fees, although the leverage is stated as 1:100. Let’s have a look at a table that showcases Mainet Funded fees for participation:

Several scaling options exist for traders that pass the evaluation. Theoretically, clients can scale their Mainet Funded funded account up to 160% of their initial amount over the course of 4 months.

Overall, the conditions are not exactly peachy. A great deal of information remains hidden, and the challenge costs are rather high for a small amount of funding.

How to Request a Payout?

Non-users don’t have a way to access any information about the Mainet Funded payout. There isn’t even a separate withdrawal policy, as it’s only given as a part of the Terms and Conditions document in the form of a small paragraph.

There, it only says that the accepted payout methods are:

• Bank Transfer
• Stripe
• Crypto

Unfortunately, we had no means of verifying this data. The FAQ section also doesn’t work. Lack of transparency is never a good sign, we’ve already discussed in our review on 1 of 1 Funding which is also a prop firm. 

Therefore, please don’t make rushed decisions and choose, funded trading platform wisely and always keep in mind that we also have a great company to suggest if you contact us today.

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