Comparison between FundedNext & Ment Funding

In this article, we will go through what FundedNext and Ment Funding have to offer. We will compare the firms in general and what they offer to forex traders.

1. Company incorporation

	FundedNext	Ment Funding
Incorporation date	March 2022	October 2020💚

FundedNext and Ment Funding are legitimate proprietary trading firms. FundedNext was incorporated in May 2021. Ment Funding, on the other hand, was incorporated in September 2021. However, despite the difference in the operating time of each firm, both have the potential to continue developing and attracting traders worldwide for years to come.

2. Funding program options

Funding program options	FundedNext	Ment Funding
One-phase evaluation	✅	✅
Two-phase evaluation	✅	❌

FundedNext and Ment Funding have the following funding program options that their community can choose from. FundedNext has a one-phase and two-phase evaluation, while Ment Funding only has a one-phase evaluation.

Let’s look at the comparison between the one-phase evaluation since both proprietary trading firms are offering it.

One-phase funding program comparison:

Rule/Guideline	FundedNext	Ment Funding
Profit target	25%	10%💚
Daily drawdown	5%💚	4%
Overall drawdown	10%💚	5%
Leverage	100:1💚	10:1
Minimum trading days	5 calendar days	No limit💚
Trading period	No limit	No limit
Profit split	80% up to 90%💚	75%

Now that we have gone through their rules and guidelines for their one-phase evaluation challenges we are going to go through pricing for different account sizes.

Account size	FundedNext	Ment Funding
$15,000	$119	❌
$25,000	$229💚	$250
$50,000	$379💚	$450
$100,000	$699💚	$750
$200,000	❌	$1,500
$400,000	❌	$3,000
$1,000,000	❌	$7,500
$2,000,000	❌	$15,000

3. Broker and trading platform

Now that we have gone through all of the funding programs that they are offering. Let’s compare which brokers and trading platforms you can use with each prop trading firm.

	FundedNext	Ment Funding
Broker	Eightcap	Eightcap
Trading platform	MetaTrader 4	MetaTrader 4, MetaTrader 5💚

4. Trading instruments

Another important factor are trading instruments. Let’s see which trading instruments you can trade with FundedNext and which with Ment Funding.

Trading instrument	FundedNext	Ment Funding
Forex pairs	✅	✅
Commodities	✅	✅
Indices	✅	✅
Stocks	❌	✅
Crypto	❌	✅
Crypto Indices	❌	✅

5. Traders’ comments

The last thing we will go through is the feedback from FundedNext and Ment Funding prop firms. The reviews we will be looking at are from Trustpilot.

Trustpilot statistics	FundedNext	Ment Funding
Rating	4.4/5💚	4.4/5💚
Number of reviews	279💚	41

FundedNext has a rating of 4.4/5, while Ment Funding also has 4.4/5. However, the number of reviews differs immensely. FundedNext has only 279 reviews, while Ment Funding has 41. One of the reasons behind the difference is that FundedNext has just started operating in March 2022.

6. Conclusion

In conclusion, FundedNext and Ment Funding are two excellent proprietary trading firms. The main difference between them would be the incorporation date since FundedNext has just started operating in March 2022 The difference can be seen from the reviews on Trustpilot. Besides that, the other significant difference would be the funding options. FundedNext offers two: one-phase and two-phase evaluation, while Ment Funding only has a one-phase evaluation.

Check our discount codes about the presented proprietary trading firms to end the comparison:

FundedNext 5% active discount code: FOREXPROPREVIEWS

This comparison was lastly updated on 05.08.2022 at 11:40 (CE(S)T).