Traders With Edge

Ment Funding Alternative & Comparison

 

 

 

Ment Funding, alternative and comparison

Ment Funding, alternative and comparison. That’s what we’ll be discussing in this video today.

 

Ment Funding Vs Traders With Edge Maximum Account Size

 

Up the top, you can see that we have the prop firm and the challenge type. We’ve got the Traders With Edge Turtle, the Traders With Edge Hare, and the Ment Funding evaluation account. We’re using a $100,000 account to compare them all side by side. The maximum funded account size after scaling for Traders With Edge is $3 million. With Ment Funding, the maximum funded account size is $2 million.

 

Ment Funding Vs Traders With Edge Funded Account Scaling

 

Traders With Edge offers a rapid scaling option for their successful traders. If you’re on the website, you go to challenges, scaling plans, you’ll see the scaling plan page. 

 

Both the organic and the rapid scaling plans that we offer, there’s a video that explains it. There’s some examples and some graphs that show the difference between what a rapid scaling plan does with your funded account and comparing it to the traditional scaling plan, so take a look at that.

Challenge Price Comparison: Ment Funding Vs Traders With Edge

Next is the number of phases. With the Turtle account on Traders With Edge, it’s a one step challenge. Same with the Ment Funding evaluation. The Traders With Edge Hare account is a two phase challenge. The price in US dollars is $750 for both the Ment Funding and the Traders With Edge Turtle account and the Traders With Edge Hare account is $590.

 

Next, is the fee refundable. It’s not refundable on either the Traders With Edge Turtle or the Ment Funding evaluation. It is refundable on the Trades With Edge Hare account, however. 

Trading Rules

Profit Target

Once you pass your Traders With Edge or Ment Funding challenge and you receive your first payout, you will receive a refund with your first payout. The target for phase one on all accounts is 10%. The target for phase two on both the Traders With Edge Turtle and the Ment Funding evaluation is not applicable because it’s only a one step challenge. You would already be on a funded account by this stage.

Drawdown

The Traders With Edge Hare trading  account, the target is 5% for phase two. Maximum drawdown on both the Traders With Edge Turtle and the Ment Funding is 5%. And the maximum drawdown on the Hare trading account is 10%. The daily drawdown on the Turtle is 5%. The Traders With Edge Hare is 5%. The daily drawdown on the Turtle is 2.5%, 5% on the Hare account and 4% on the Ment Funding.

Profit Split

The profit split on both the Traders With Edge accounts is 80% from day one. When you get a funded account, the profit split on Ment Funding is 75%. 

Trading Days

The minimum time limit for phase one is 10 trading days with Traders With Edge and zero with Ment Funding. The minimum time limit for phase two is not applicable for the Turtle or Ment Funding as they are a one step challenge. The minimum time limit for the Traders With Edge Hare is currently 10 days. The maximum trading days for phase one is one year, for the Traders With Edge Turtle accounts. It’s 30 days for the Traders With Edge Hare trading account, and there is no maximum for the Ment Funding trading account.

The maximum trading days for phase two is not applicable once again for the Turtle or the Ment Funding as they are a one step challenge. And you’ve got a time limit of 60 days to pass the Traders With Edge Hare trading account. Can you hold over weekends? Yes, you can with the Turtle. You can’t with the Traders With Edge Hare. And you can with Ment Funding, but they charge you 10% extra.

 

 

Can I use an EA for my Ment Funding or Traders With Edge Challenge?

Can you use EAs? Yes, you can use EAs with all accounts. Just seek approval at Traders With Edge, and we’ll let you know if you can use the EA or not. The reason why we do this is so that people are not taking a funded  account, trading with an EA that someone else is already using. Because you’ve got to remember, every prop firm has a rule that states you can’t use the same exact strategy as someone else. 

If you’ve bought an EA off a marketplace and you went and traded with any prop firm and someone else is already trading with that, then your funded account will be closed because you’ve been using that EA or that exact same strategy as someone else.

Ment Funding essentially has the same rule. They just don’t tell you about it upfront to get approval. Ment Funding will tell you after you potentially fail your account.

 

 

Other Rules of Ment Funding and Traders With Edge 

Both Ment Funding and Traders With Edge allow signals, all allow news trading. You don’t get a free retry with the Turtle account or the Ment Funding. This is because you have so long to be able to pass the challenge it doesn’t make sense to give a free retry.

With the Traders With Edge Hare account, if you are in profit when the time runs out and you haven’t violated any rules, then you’ll get one free retry to try to pass the challenge again.

Forex traders can have peace of mind as you can trade Forex on both Ment Funding And Traders With Edge accounts. You can trade digital currencies on both Ment Funding And Traders With Edge accounts. You can trade commodities on both Ment Funding And Traders With Edge accounts. You can trade indices and you can trade shares or stock CFDs on both Ment Funding And Traders With Edge accounts.

 

 

Do Ment Funding and Traders With Edge offer Competitions and Giveaways

There are trading competitions at Traders With Edge, you can sign up to a trading competition and battle it out with other traders online. This doesn’t cost anything. And the prizes are typically to win a challenge account. With Ment Funding at this time, they don’t have anything similar to that. Do they have giveaways? Traders With Edge have giveaways for all traders including forex traders. It seems like Ment Funding doesn’t typically have giveaways.

Currently, we have a promotion running where we’re giving away three $50,000 prop challenge accounts. If you enter your name and email in the prize draw. This may not be available by the time you see this video, but it’s an example of giveaways that we run. 

Both Ment Funding and Traders With Edge have trader education for their traders.

 

Affiliate Program Comparison: Ment Funding vs Traders With Edge

The affiliate program, the Traders With Edge pays 20% for the lifetime of the customer. If you referred someone today and they purchase something, then you’ll get paid an affiliate commission.If that person then buys something again in two years time, then you’ll also receive commission on that sale as well. It’s like having an extra income stream. It seems like Ment Funding doesn’t have an affiliate program

Conclusion

That concludes our Ment Funding alternative and comparison. From this comparison we can see that Traders With Edge is a great alternative to Ment Funding for all types of traders, including forex traders. If you’ve got any questions, contact us through the website or post your comments.

 

 

About Ment Funding

 

Ment Funding was founded in October 2020 and was originally created as an educational platform for forex traders looking to improve their skills in the markets. It was started by Anton Calmes, who is currently the acting Chief Executive Officer at mentfx LLC. 

 

He is from Philadelphia, Pennsylvania, United States and specializes in analyzing and understanding institutional order flow. He studied at Drexel University LeBow College of business with a degree in Finance. Through the creation of mentfx, traders could gain access to real education, creating opportunities for traders to find better success through trading.

 

In June of 2021, the company went on to create the prop firm branch of the business with the vision to provide truthful service to traders who are looking to achieve their desired trading lifestyle by offering funding to traders who are looking to develop their skills and achieve their trading goals. They have created a firm that focuses on having a fair trading environment.

 

With a solid backbone in trading education from mentfx, Ment Funding is backed by Eightcap and has worked with Trade Connect VVS, who is known to be an avid reviewer of available prop trading firms. Their headquarters are located in Austin, Texas, USA.

Prop Firm/ Challenge

Size
  • Max Account Size After Scaling
  • Rapid Scaling
  • Number Of Phases
  • Price: $USD
  • Refundable Fee
  • Target Phase 1
  • Target Phase 2
  • Maximum Drawdown
  • Daily Drawdown
  • Profit Share
  • Minimum Trading Days Phase 1
  • Minimum Trading Days Phase 2
  • Trading Period Phase 1
  • Trading Period Phase 2
  • Hold Over Weekends
  • Use EA’s
  • Allow Signals
  • Allow News Trading
  • Free Retry
  • Trade FX
  • Trade Digital Currencies
  • Trade Commodities
  • Trade Indices
  • Trade Share/Stock CFDs
  • Trading Competitions
  • Giveaways
  • Trader Education
  • Affiliate Program Pays

Traders With
Edge Turtle

$ 100K
  • $3 Million
  • Yes
  • 1
  • $750.00
  • 10%
  • N/A
  • 5%
  • 2.50%
  • 80%
  • 10
  • N/A
  • 365
  • N/A
  • Yes
  • With Approval
  • Yes
  • Yes
  • Yes
  • Yes
  • Yes
  • Yes
  • Yes
  • Yes
  • Yes
  • Yes
  • Up To 20% Lifetime

Traders with
edge hare

$ 100K
  • $3 Million
  • Yes
  • 2
  • $590.00
  • Yes
  • 10%
  • 5%
  • 10%
  • 5%
  • 80%
  • 10
  • 10
  • 30
  • 60
  • With Approval
  • Yes
  • Yes
  • Yes
  • Yes
  • Yes
  • Yes
  • Yes
  • Yes
  • Yes
  • Yes
  • Yes
  • Up To 20% Lifetime

Ment Funding Evaluation

$ 100K
  • $2 Million
  • 1
  • $750.00
  • 10%
  • N/A
  • 5%
  • 4%
  • 75%
  •  
  • N/A
  •  
  • N/A
  • 10% price increase
  • Yes
  • Yes
  • Yes
  • Yes
  • Yes
  • Yes
  • Yes
  • Yes
  • Yes

Choose your account type

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