1-Step Funding, 0 Time Limits
Industry Standard, Infinite Potential
Instant Funding Up to $2,000,000
No minimum trading days. No maximum trading days. - Pass Same Day or Take Your Time
The Profit Target is 10% for our 1-Step Evaluation making Ment Funding's pass target the lowest in the industry since it's 1-step.As soon as you pass you are instantly provided KYC/Document to Sign via Deel.Once you've completed KYC/Contract, our team will allocate the necessary funds to get you started in the live markets (unlike other firms, Ment Funding backs every funded trader).
There is no minimum or maximum trading days. You can get funded same-day or take a year (or more).
Daily Max Loss is subtracted from end of day balance.
For example, on a $100,000 account, the Daily Max Loss = $100,000 - $5000 [Daily Max Loss] = $95,000.
So if your equity on any given day is $106,000 but the balance is still $100,000, the Daily Max Loss breach level is still $95,000.If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity based Daily Max Loss.This is also updated and shown in your Trader Dashboard so you can keep track of it with no issues.
The Max Loss no longer trails! The Max Loss is static and calculated ONLY on initial Balance.
For example, on a $100,000 account, the account can only be breached if it goes below $94,000 (6%).
So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Trade with up to 1:20 leverage. Upgrades available once you "Select" a 1-step evaluation below.
Receive up to 90% profit split. Upgrades available once you "Select" a 1-step evaluation below.
The Profit Target is 10% for our 1-Step Evaluation making Ment Funding's pass target the lowest in the industry since it's 1-step.As soon as you pass you are instantly provided KYC/Document to Sign via Deel.Once you've completed KYC/Contract, our team will allocate the necessary funds to get you started in the live markets (unlike other firms, Ment Funding backs every funded trader).
There is no minimum or maximum trading days. You can get funded same-day or take a year (or more).
Daily Max Loss is subtracted from end of day balance.
For example, on a $100,000 account, the Daily Max Loss = $100,000 - $5000 [Daily Max Loss] = $95,000.
So if your equity on any given day is $106,000 but the balance is still $100,000, the Daily Max Loss breach level is still $95,000.If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity based Daily Max Loss.This is also updated and shown in your Trader Dashboard so you can keep track of it with no issues.
The Max Loss no longer trails! The Max Loss is static and calculated ONLY on initial Balance.
For example, on a $100,000 account, the account can only be breached if it goes below $94,000 (6%).
So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Trade with up to 1:20 leverage. Upgrades available once you "Select" a 1-step evaluation below.
Receive up to 90% profit split. Upgrades available once you "Select" a 1-step evaluation below.
The Profit Target is 10% for our 1-Step Evaluation making Ment Funding's pass target the lowest in the industry since it's 1-step.As soon as you pass you are instantly provided KYC/Document to Sign via Deel.Once you've completed KYC/Contract, our team will allocate the necessary funds to get you started in the live markets (unlike other firms, Ment Funding backs every funded trader).
There is no minimum or maximum trading days. You can get funded same-day or take a year (or more).
Daily Max Loss is subtracted from end of day balance.
For example, on a $100,000 account, the Daily Max Loss = $100,000 - $5000 [Daily Max Loss] = $95,000.
So if your equity on any given day is $106,000 but the balance is still $100,000, the Daily Max Loss breach level is still $95,000.If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity based Daily Max Loss.This is also updated and shown in your Trader Dashboard so you can keep track of it with no issues.
The Max Loss no longer trails! The Max Loss is static and calculated ONLY on initial Balance.
For example, on a $100,000 account, the account can only be breached if it goes below $94,000 (6%).
So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Trade with up to 1:20 leverage. Upgrades available once you "Select" a 1-step evaluation below.
Receive up to 90% profit split. Upgrades available once you "Select" a 1-step evaluation below.
The Profit Target is 10% for our 1-Step Evaluation making Ment Funding's pass target the lowest in the industry since it's 1-step.As soon as you pass you are instantly provided KYC/Document to Sign via Deel.Once you've completed KYC/Contract, our team will allocate the necessary funds to get you started in the live markets (unlike other firms, Ment Funding backs every funded trader).
There is no minimum or maximum trading days. You can get funded same-day or take a year (or more).
Daily Max Loss is subtracted from end of day balance.
For example, on a $100,000 account, the Daily Max Loss = $100,000 - $5000 [Daily Max Loss] = $95,000.
So if your equity on any given day is $106,000 but the balance is still $100,000, the Daily Max Loss breach level is still $95,000.If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity based Daily Max Loss.This is also updated and shown in your Trader Dashboard so you can keep track of it with no issues.
The Max Loss no longer trails! The Max Loss is static and calculated ONLY on initial Balance.
For example, on a $100,000 account, the account can only be breached if it goes below $94,000 (6%).
So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Trade with up to 1:20 leverage. Upgrades available once you "Select" a 1-step evaluation below.
Receive up to 90% profit split. Upgrades available once you "Select" a 1-step evaluation below.
The Profit Target is 10% for our 1-Step Evaluation making Ment Funding's pass target the lowest in the industry since it's 1-step.As soon as you pass you are instantly provided KYC/Document to Sign via Deel.Once you've completed KYC/Contract, our team will allocate the necessary funds to get you started in the live markets (unlike other firms, Ment Funding backs every funded trader).
There is no minimum or maximum trading days. You can get funded same-day or take a year (or more).
Daily Max Loss is subtracted from end of day balance.
For example, on a $100,000 account, the Daily Max Loss = $100,000 - $5000 [Daily Max Loss] = $95,000.
So if your equity on any given day is $106,000 but the balance is still $100,000, the Daily Max Loss breach level is still $95,000.If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity based Daily Max Loss.This is also updated and shown in your Trader Dashboard so you can keep track of it with no issues.
The Max Loss no longer trails! The Max Loss is static and calculated ONLY on initial Balance.
For example, on a $100,000 account, the account can only be breached if it goes below $94,000 (6%).
So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Trade with up to 1:20 leverage. Upgrades available once you "Select" a 1-step evaluation below.
Receive up to 90% profit split. Upgrades available once you "Select" a 1-step evaluation below.
The Profit Target is 10% for our 1-Step Evaluation making Ment Funding's pass target the lowest in the industry since it's 1-step.As soon as you pass you are instantly provided KYC/Document to Sign via Deel.Once you've completed KYC/Contract, our team will allocate the necessary funds to get you started in the live markets (unlike other firms, Ment Funding backs every funded trader).
There is no minimum or maximum trading days. You can get funded same-day or take a year (or more).
Daily Max Loss is subtracted from end of day balance.
For example, on a $100,000 account, the Daily Max Loss = $100,000 - $5000 [Daily Max Loss] = $95,000.
So if your equity on any given day is $106,000 but the balance is still $100,000, the Daily Max Loss breach level is still $95,000.If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity based Daily Max Loss.This is also updated and shown in your Trader Dashboard so you can keep track of it with no issues.
The Max Loss no longer trails! The Max Loss is static and calculated ONLY on initial Balance.
For example, on a $100,000 account, the account can only be breached if it goes below $94,000 (6%).
So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Trade with up to 1:20 leverage. Upgrades available once you "Select" a 1-step evaluation below.
Receive up to 90% profit split. Upgrades available once you "Select" a 1-step evaluation below.
The Profit Target is 10% for our 1-Step Evaluation making Ment Funding's pass target the lowest in the industry since it's 1-step.As soon as you pass you are instantly provided KYC/Document to Sign via Deel.Once you've completed KYC/Contract, our team will allocate the necessary funds to get you started in the live markets (unlike other firms, Ment Funding backs every funded trader).
There is no minimum or maximum trading days. You can get funded same-day or take a year (or more).
Daily Max Loss is subtracted from end of day balance.
For example, on a $100,000 account, the Daily Max Loss = $100,000 - $5000 [Daily Max Loss] = $95,000.
So if your equity on any given day is $106,000 but the balance is still $100,000, the Daily Max Loss breach level is still $95,000.If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity based Daily Max Loss.This is also updated and shown in your Trader Dashboard so you can keep track of it with no issues.
The Max Loss no longer trails! The Max Loss is static and calculated ONLY on initial Balance.
For example, on a $100,000 account, the account can only be breached if it goes below $94,000 (6%).
So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Trade with up to 1:20 leverage. Upgrades available once you "Select" a 1-step evaluation below.
Receive up to 90% profit split. Upgrades available once you "Select" a 1-step evaluation below.
If the rule isn't here, you are in the clear.
All Rules of the Evaluation are the EXACT SAME on the Funded Account.
Unlike other prop firms, there are 0 hidden rules. All parameters for the evaluation and the funded account are the SAME and can be found on this page.
Please make sure to take the time to read every rule below. We are building a firm that focuses on your success, part of that is bringing on traders that understand exactly how we operate.
There are only 3 ways to breach and lose an account, please read below for more details:
1. Max Loss
2. Daily Max Loss
3. Inactivity of 30 days (if you do not place a trade at least once every 30 days on your account, Eightcap/Ment Funding will consider the account INACTIVE and the account will be breached) - you are free to place a 0.01 lot (open then close) to keep your account active.
Ment Funding trader's are given the freedom to customize their own 1-step evaluation.
On the checkout page after clicking "Select Plan" in our Evaluation section above, members will have the ability to choose to pay extra for "upgrades" in their evaluation, making their evaluation fine tuned to their own system. These upgrades will include the following and will see a price increase as addressed below:
1. Hold over the weekend - 10% price increase
2. Double Leverage (this will double all FX and metals leverage to up to 1:20, as well as double max open lots available) - 25% price increase
3. No Stop Loss Required - 10% price increase
4. 90% Profit Split - 20% price increase
Note: you can forgo all options and pay original price, or you can mix and match options; select 1 option, or select all.
Instead of increasing price, since Ment Funding seeks to find the highest end of traders across all trading types, we seek to provide the opportunity for our algorithmic based traders, manual based traders, higher timeframe or longer term based traders, and our lowertime frame and scalp based traders to pick the evaluation right for them.
Challenge: Once your payment is processed (usually 15-30 minutes), details will automatically be sent to your email from mentfunding@propaccount.com along with the link to the trading dashboard and download of the trading software. If you do not receive your credentials after 1-2 hours, please use the Contact Us feature on our website and we'll make sure to get your account resent.
Live/Funded Account: Upon passing your Assessment, you will receive an email from Gabriella from Deel (gabriella@deel.support) with instructions on how to access and complete your Trader Agreement. Once the agreement is completed and supporting Know Your Customer documents provided, your funded account will be created, funded and issued to you typically within 24-48 business hours.
If you do NOT receive an email, it is likely that the spam filters on your email stopped our email from coming through, so please check your spam folder - and if you still haven't received it, please reach out to us using the Contact Us and we will take care of you.
Credentials and links will be sent directly to your email along with downloads to the trading software immediately after payment is processed (usually 15-30 minutes). You can also access the Trader Dashboard using the 'Dashboard' tab above.
The Max Daily Loss is subtracted from end of day balance. It is the maximum your account can lose in any given day. Withdrawing profit on your funded account does not affect the Max Daily Loss.
Max Daily Loss is calculated using the previous day balance which resets (re-calculates) at 5 PM EST. Unlike other prop firms, we do NOT base our calculations on previous day equity since the balance only model allows you to scale profits without fear of losing your account. The Max Daily Loss compounds with your account.
For example, on a $100,000 account, the Max Daily Loss = $95,000 ($100,000 - $5000 [5% Max Daily Loss] = $95,000)
So if your equity on any given day is $106,000 but the balance is still $100,000, the Max Daily Loss breach level is still $95,000.
If you closed the trade in profit before 5 PM EST, at 5 PM EST the calculation resets and the Max Daily Loss = $100,700 ($106,000 - $5300 [5% Max Daily Loss])
This is also updated and shown in your Trader Dashboard along with other metrics so you can keep track of it with no issues.
Another Example: if your prior day's end of day balance (5pm EST) was $100,000, your account would violate the daily stop loss limit if your equity reached $95,000 during the day.
If your floating equity is +$5,000 on a $100,000 account, your new-day (5pm EST) max loss is based on your balance from the previous day ($100,000). So, your daily loss limit would still be $95,000.
The Max Loss no longer trails! The Max Loss is static and calculated ONLY on initial Balance.
For example, on a $100,000 account, the account can only be breached if it goes below $94,000 (6%). So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance).
Important Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (please see below example).
Example: If you have a $200,000 account, the Max Loss Breach level would be $188,000. If you then traded your account up to $215,000, the Max Loss Breach level would still be $188,000 (6% of the initial balance). If you then withdrew $10,000 as profit, upon your first withdrawal, the Max Loss locks in at the ORIGINAL account balance. So after withdrawing $10,000, your account will have a balance of $205,000 and the breach level is now $200,000, meaning you now have a buffer of $5,000. Similarly, if you withdrew $15,000, your account balance would now be $200,000 which is also the BREACH level, meaning you would lose your funded account.
Further Example: If you continued to compound your $200,000 all the way to $300,000, the Max Loss Breach Level is still $188,000. However, if you then withdrew $50,000 profit, the Max Loss will lock in at $200,000, meaning you would now have $50,000 as a buffer (Max Loss)
We have included this rule to incentivize our funded traders to compound their accounts, ensuring that they have a hefty buffer, can pay themselves out as they see fit, and continue trading with Ment Funding as a Ment Funded member.
Unless you customized your evaluation and added this as an upgrade at the checkout page - we require a stop loss to be placed when opening a trade. Failure to place a stop loss or placing a stop loss after opening a trade will automatically close the trade. This is NOT considered a violation and you will be able to continue to trade and can reopen a trade with the right stop in place.
Note: some managers/algos/ea's might place a stop 1 second after opening - this is still considered a soft breach and if our system ends up scanning at the 1 second moment the trade will be closed. Make sure you are either upgraded and/or have a stop loss on the trade prior to opening it.
You will be able to access and see your max lot size in the Trader Dashboard. It will be in line with the leverage on your account and your overall buying power. If you open more than the allowed lot size, all positions will be automatically closed. This is NOT considered a violation and you will be able to reopen trades or continue trading after. EightCap has its margin requirements which must be abided by on both assessment and funded accounts. Please ensure you are familiar with how leverage and margin are calculated and applied prior to purchasing an assessment.
Note: if you lock in a trade at breakeven and the stop loss is moved above/below the entry price (making it a risk-free trade), your lot size maximum frees up. This will allow for traders that want to "load it up" or "hedge" their positions to do so while still being offered an account at lower leverage.
NOTE: Your margin does NOT free up. There are certain pairs and positions where ONCE moved to break-even will allow you to put on more lots if margin requirements are satisfied, otherwise, you will NOT be able to add on more. Hedging does NOT affect the margin, as you're selling into a position that you already have running, so if your trade is at break-even, your freed up lot size can be used to hedge into opposite side positions.
Example: You have a $100,000 account. The max lot size (found in Trader Dashboard too) is 10 lots for your account. You open 10 lots on a position and the position moves into profit. You move your stop loss to break even and you now have a trade that is "risk-free". Your max lot size is freed up so you can buy or sell 10 more lots now as long as margin has NOT been exceeded (remember: margin isnt affected if you are hedging a position, but is affected if you want to continue opening lots in the same direction). You now have 20 lots open, but only 10 lots are considered "Running Risk" (see paragraph below) since the other was made risk-free, this is allowed.
Running risk on a trade cannot exceed the max lots, however, if a trade is risk-free (the stop loss price protects your trade from the original entry price), that lot size no longer counts towards the Max Lot Size rule and is NOT considered Running Risk.
The Max Lot Size rule stays the same for the assessment account.
For our Funded Traders operating on their live accounts, we offer the following scaling rule:
We will increase your Max Lot Size on the account with each 5% increase on your account, allowing the highest end of traders to not only compound their accounts, but to also increase their scalability with higher leverage.
This is done manually on our backend. As you grow an account and compound your earnings, if you want to continue growing that account and do so with a higher max lot size, please reach out to us at mentfunding@propaccount.com or using the Contact Us tab. Once you have reached out, we will check to see the percentage your account is up from its original starting balance, and increase the lot size respective to the account size.
Example: You have a funded live $100,000 account with Ment Funding. You grow that account to $115,000. If you email us as a funded member and ask for increased lot size, we will increase your max lot size from 10 lots, to 11.5 lots - complimenting the 15% growth in your account.
This is done to incentivize our traders to build up accounts and build up large sums of capital that they can manage for us. As they build that account, they unlock higher and higher max lot sizes tradeable on that account allowing for them to scale the profits they make and the rate at which they make them.
You have the freedom of choosing your first payout whenever you’d like. You can choose not to ask for a payout and infinitely compound your account. Unless you customized your evaluation and added the 90/10 profit split as an upgrade at the checkout page - the profit split is 75/25 with the trader (you) keeping 75% of withdrawn profits. We limit you to 1 payout every 30 days, however, your first payout can be any day you choose.
REQUEST PAYOUT: Ment Funding works with a company called Deel to issue trader agreements and process withdrawals of profits. Upon passing your Assessment, you will receive an email from Gabriella from Deel (gabriella@deel.support) with instructions on how to access and complete your Trader Agreement. Once the agreement is completed and supporting Know Your Customer documents provided, your funded account will be created, funded and issued to you typically within 24-48 business hours.
Example: you have a $100,000 funded account. You earn $15,000 on it and are now at $115,000, one day into trading your funded account. You may request withdrawal instantly via email (mentfunding@propaccount.com).
Important: See 6% Max Loss Rule above. Upon your first withdrawal, the accounts Max Loss locks at the original accounts starting value.
Example: you have a $400,000 funded account. You earn $60,000 on the account and are now at $460,000. Upon requesting a withdrawal, the Max Loss moves up from its original 6%, to being locked in at the ORIGINAL balance. Meaning if your account hits $400,000 you will lose the account, so it's always smart to 1) Compound your account before the first withdrawal and 2) always leave a buffer to retain the account.
When you are ready to withdraw your profits, please send an email to mentfunding@propaccount.com requesting the amount you would like to withdraw. We will then post your profit share into your Deel account, which you can withdraw via any of the available methods they offer (wire transfer, PayPal, Payoneer, Coinbase, Revolut, ACH and other popular methods)
Unless you customized your evaluation and added this as an upgrade at the checkout page - we require all trades to be closed by 3:30 pm EST on Friday. Any trades left open will be closed automatically from our end. This is NOT considered a violation and you will be able to continue trading your account at market re-open.
EA's, Copy Traders, Scripts, and Indicators are all allowed.
With backed funding from investors, we are given the ability to fund successful traders with live accounts and bask in your success. You are trading a live account when you are funded with our firm.
There are 3 ways to lose an account: 5% Max Daily Stop Rule, the 6% Max Loss Rule, or after an inactivity period (not opening or closing a trade) of 30 days.
You are permitted to take 1 EVALUATION at a time.
With regard to the concept of 'limits' this is where we stand at present:
$2 million max per person (can be made up of multiple assessments, provided none are same size at the same time)
$2 million max per strategy/EA (can be made up of multiple assessments, provided none are same size at the same time). Note: This applies to "off-shelf" EA's (EA's purchased from the market and used by many) We are seeking to fund independent and unquiet strategies not 1 that is the exact same across the board.
There is NO limit to how many accounts you may have (as long as it's within the $2 million limit). There is NO limit for compounding. Up to $2 million of initial funding, then grow the account to any balance you desire - yes, even $10 million, $20 million, and so on.
All markets offered here (all offered through Eightcap) will be tradeable with our proprietary firm. We offer Currencies, Indices (including DXY, VIX), Commodities, Cryptocurrencies (over 200+), and Individual Shares. Please make yourself aware of any broker side limitations regarding risk and depth of market as Ment Funding has no control over these things.
Once you have received your account, please make sure to "Show All" pairs in the terminal. The tradeable forex pairs are the ".i" pairs. Example: EURUSD.i, AUDUSD.i,US30.i
Tradeable Indexes and Cryptos will be found as ".p" pairs. Example: BTCUSD.p, ETHUSD.p
Leverage: Forex, Metals, Oils, and Indices (1:10), Crypto Currencies (1:2), CFD/Stocks (1:5)
Specification: 1 lot in Forex = 100,000 units, 1 lot in Crypto = 1 coin, 1 lot in Indices = 10 units,
1 lot in Stocks = 100 shares (CFD), 1 lot in Commodities = 100 units (this can also be seen on Eightcaps website as well as right clicking the market you are trading and pressing Specification in the MT4/MT5 terminal.
Slippage: Although Eightcap has extremely good depth of market on most of its offered pairs/markets, there are some exceptions - these are entirely handled by Eightcap, and Ment Funding has no control over depth of market or broker pricing or ANY broker related services. Crypto's offered with Ment Funding via Eightcap are offered as a CFD and not as a DEX product - so you may experience higher slippage as you trade larger lot sizes - This is true regardless of the broker executing the trades, but please make sure you are aware of how slippage works and can impact your trading.
Yes. As long as you are trading within the permitted 1:10 leverage and lot size (seen in your dashboard upon purchase) you may hedge positions on both sides.
If you have moved your trade to Breakeven (stop loss locking in a profit on the overall position) your lots will be freed up and can be used to hedge as well.
Example: You have a $100,000 account and are trading EUR/USD. EUR/USD is at a current price of 1.11000 (estimation, make sure to use the price of asset at the time of your calculation.
You are able to take at max $100,000 * (leverage) =
$1,000,000/1.11000 (E/U price) =
$900,900 / $100,000 (size of a standard lot) = 9.009
= 9.00 lots max.
This means if you enter a BUY on EUR/USD for 9 lots, you will only be able to hedge EUR/USD for 1 lot, as the Maximum Lot Size with Risk permitted is 10 lots. However, if after it begins to go up, you move your Stop Loss to above the entry price (putting you in profit), you will now be able to enter a SELL on EUR/USD for up to 10 lots. Keep in mind that hedging a position helps to reduce the required margin as MetaTrader is a netting platform, however hedging is independent of the Maximum Lot Size with Risk. Also, moving a stop-loss to breakeven will free up additional lots to be used against the Maximum Lot Size with Risk, however this will not free up additional margin to be traded. Margin and Lot Size with Risk are two independent criterion that must be met.
We work with an extremely reputable and well-established, regulated broker: eightcap . All spreads on all tradeable instruments are provided by eightcap under its raw account spreads starting as low as 0.0 pips on Majors.
For FX, commissions are $3.00 each way, that's $6 per lot round trip on a trade - that is lower than clients of eightcap directly get, we are able to negotiate lower commissions while retaining the same raw feed, making Ment Funding a great option for someone that may not have access to eightcap as a broker and/or wants to trade with lower commissions.
Currently, all accounts are opened with eightcap on the MT4/MT5 Platform. Trading platform download link will be made accessible to you and sent to you with credentials after your payment is processed (15-30 minutes) and will also be accessible once logged into the dashboard.
You can also download the software directly from the website here.
Although eightcap may not be available in your specific country, you will be permitted to trade with the broker through Ment Funding.
We accept people from almost any country, with only certain exclusions: Iran, Iraq, and Ivory Coast.
In our terms and conditions, you will see a better outline of these rules (view upon purchasing your evaluation). Note: less that 0.2% of prop firm clientele fall under this - there is a 99.80% chance this does not apply to you - we include it because there are those that take advantage of mispricing between demo and live environments, build out EA's that only work in full demo environments, etc. - these people know who they are, you do not need to worry about it.
If Ment Funding LLC detects that your trading constitutes Malicious Practices, your participation in the program will be terminated and may include forfeiture of any fees paid to Ment Funding LLC. Additionally, and before any Trader shall receive a funded account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both Ment Funding LLC and the Broker to determine whether such trading activity constitutes Malicious Practices. In the case of Malicious Practices, the Trader shall not receive a funded account.
Simply put, taking advantage of arbitrage pricing or latency is against the rules. Malicious practices like latency pricing used to benefit in a demo environment that can't be used in a live environment is against the rules. This includes:
• Exploiting errors or latency in the pricing and/or platform(s) provided by the Broker
• Utilizing non-public and/or insider information
• Front-running of trades placed elsewhere
• Trading in any way that jeopardizes the relationship Prop Account has with a broker or may result in the canceling of trades
• Trading in any way that creates regulatory issues for the Broker
• Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass assessment accounts
• Utilizing one strategy to pass an assessment and then utilizing a different strategy in a funded account.
There are a number of companies marketing and selling off-the-shelf EA's aimed at passing Evaluations/Funded Challenges. This is NOT a representation of a profitable trader and falls under Malicious Practices.
We take these actions in order to protect the business model behind Ment Funding and aim to enforce our main company philosophy, "serious funding for serious traders." Those executing using malicious EA's and/or strategies that are marketed for passing evaluations (this mostly affects less than 0-3% of our customer base), will fall under Malicious Practices and will be refunded a portion of their initial payment. They will be barred from ever using Ment Funding or any of its services ever again.
You will receive your credentials to your email upon your payment being processed (15-30 minutes). You can access the Trader Dashboard below or on the link provided in your email.
Trader DashboardThe Profit Target is 10% for our 1-Step Evaluation making Ment Funding's pass target the lowest in the industry since it's 1-step.As soon as you pass you are instantly provided KYC/Document to Sign via Deel.Once you've completed KYC/Contract, our team will allocate the necessary funds to get you started in the live markets (unlike other firms, Ment Funding backs every funded trader).
There is no minimum or maximum trading days. You can get funded same-day or take a year (or more).
Daily Max Loss is subtracted from end of day balance.
For example, on a $100,000 account, the Daily Max Loss = $100,000 - $5000 [Daily Max Loss] = $95,000.
So if your equity on any given day is $106,000 but the balance is still $100,000, the Daily Max Loss breach level is still $95,000.If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity based Daily Max Loss.This is also updated and shown in your Trader Dashboard so you can keep track of it with no issues.
The Max Loss no longer trails! The Max Loss is static and calculated ONLY on initial Balance.
For example, on a $100,000 account, the account can only be breached if it goes below $94,000 (6%).
So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Receive up to 90% profit split. Upgrades available once you "Select" a 1-step evaluation below.
When you pass the 1-Phase Evaluation, Ment Funding provides real capital to trade with in the Live Markets - your gains are our gains.
Our aim is to find and fund real traders.