Ment Funding Review: Your Path to $2,000,000 in Forex Trading
Are you ready to learn more about Ment Funding LLC, a solid player in the industry?
We’re about to explore Ment Funding to see if they stand up to the reputation they have. So, let’s get started on this exciting journey and dive deeper into our Ment Funding review!
General information | |
Name: | Ment Funding LLC |
Regulation status: | Regulation not required |
Warnings from Financial Regulators: | No official warnings |
Website link: | mentfunding.com |
Active since | 2021 |
Registered in | 5900 Balcones Drive, Suite 100, Austin, TX 78731 |
Contact info: | [email protected] |
Trading platforms: | MT4, MT5 |
The majority of clients are from | United States
United Kingdom India South Africa Canada |
Customer support: | Discord, email |
Compensation fund: | No |
Ment Funding 101
Ment Funding has quite the story to tell. It started off in October 2020 as an educational platform, helping traders sharpen their skills.
But in June 2021, they decided to step into the big leagues by going into prop trading. Also, they partnered up with Eightcap, a legitimate partner in the FX world. Now, they’re offering traders the chance to snag up to a jaw-dropping $2,000,000 in funding. As of August 2023, Ment Funding prop firm is still on the rise, proving itself in the prop trading game.
Ment Funding Pros and Cons
Let’s start things off with the promising facts:
- Live-funded accounts. You heard it right. Ment Funding lets you manage live-funded accounts.
- Funding up to $2,000,000 per account. For skilled traders, the sky’s the limit when it comes to funding.
- One-step evaluation. Another huge benefit is that the evaluation process is straightforward.
Now, let’s talk about some possible drawbacks:
- Limited leverage. Leverage, the noteworthy tool for trades, isn’t as generous here. Ment Funding offers maximum leverage of 1:10 on forex pairs, which might not suit traders who love tight stop losses.
- Weekend trading. If you’re a weekend warrior, here’s a heads-up. Ment Funding doesn’t allow trades to trade over the weekend. It’s all got to be squared away by the market closing on Fridays.
- New kid on the block. Reputation matters in the financial world. However, Ment Funding is relatively new, so online reviews are in short supply. Keep that in mind.
Trading Assets
Now, it’s time to mention the asset variety that the Ment Funding forex company has to offer.
At Ment Funding, you can explore a number of trading assets:
- FX pairs,
- CFD indices,
- metals,
- equity shares, and
- crypto.
It is extremely beneficial for a company to include this many options.
Tip: Admiral Trades is a broker regulated by multiple reputable authorities, including FCA, CySEC, EFSA, and ASIC.
Ment Funding Trading Software
It’s time for us to mention some user-friendly trading actions. Ment Funding has the top-notch MetaTrader platforms – MT4 and MT5.
These platforms are known for their straightforward interfaces, nice charting tools, and the nifty ability to use Expert Advisors (EAs). Let’s talk some more about this popular software.
MetaTrader Platforms – Top-Notch Choices
MetaTrader 5, the advanced version of MT4, comes with extra benefits. It’s got customizable charts and all the superb technical indicators you could ever want.
Both MT4 and MT5 are two of the best platforms in the forex trading world, with around 80% of traders giving them the nod. But still, always remember to stick with legitimate firms that offer these incredible tools.
Note: There are some dubious and anonymous companies to avoid. One of them is Margex.
Funding Opportunities
Now, let’s focus on funding options. Getting funded at mentfunding.com works on a challenge basis, just like the popular FTMO. You take on a challenge with specific risk criteria and aim for a 10% profit target – all on a demo account. If you pass the test, you’ll be celebrating with a funded account, potentially reaching that $2,000,000 milestone. Oh, and guess what? You can have as many trading accounts as you want, so the funding possibilities are limitless. But, if you stumble on the challenge, it’s back to square one – time to buy another challenge.
Pricing for Challenges:
- $25,000 account: $250
- $50,000 account: $450
- $100,000 account: $750
- $200,000 account: $1,500
- $400,000 account: $3,000
- $1,000,000 account: $7,500
- $2,000,000 account: $15,000
You can follow a golden rule and start small, build your profits, and then consider going big.
Ment Funding Withdrawal Rules
Withdrawal appears to be hassle-free. You can request a withdrawal through your dashboard at any time. But there is a limit for withdrawal requests to once every 30 days.
Also, their withdrawal options remain undisclosed. They did not include them on the landing page.
Note: It’s wise to know that TitanTrader is a crypto scam. Many people had bad experiences with it.
Trader Reviews on Trustpilot
Now, we should talk about trust among traders. On Trustpilot, Ment Funding shows off a remarkable 4.8-star rating. At the moment of writing this Ment Funding review, there are more than 108 user reviews. This truly indicates how traders enjoy their platform.
When it comes to choosing a prop firm or broker, aim for those shining with 4.5 stars or more. The golden rule is to stick with the trusted ones, backed by fellow traders’ trust.
Can I Make Money From Online Trading?
Of course, you can! But you must know it takes knowledge, patience, and the right tools.
We’ve got your back with free consultations to guide you in the right direction. And here’s the best thing! We want to introduce our AI Analysis Bot. It’s not just any bot. It’s an intelligent one designed to make your trading life more manageable. Instead of relying on intuition, our bot dishes out advanced predictions to guide your trading decisions.
By reserving your spot for our upcoming launch, you’re in for a 20-day free trial. That’s right, and no upfront payment is needed. And what’s in it for you? We have 5 FX analysis reports and 5 stock analysis reports per month for you!
Final Words
All in all, Ment Funding is a game-changer in the FX world, offering substantial funding and the backing of Eightcap.
While it has its disadvantages, like lower leverage and weekend trading restrictions, it’s earned a strong reputation on Trustpilot. Make wise choices, and explore the incredible opportunities Ment Funding brings to your trading journey.
Remember, success in trading calls for knowledge and the right tools, and we have the resources to help you thrive. Contact us for a free consultation today!
FAQs
Is Ment Funding Legit?
Yes, Ment Funding is a legitimate prop firm.
What is the profit split for Ment Funding?
Ment Funding offers a profit split of 75% for traders.
How many accounts can you have on Ment Funding?
You can have unlimited accounts on Ment Funding.