In this article, we will compare Ment Funding and FTUK in general and what they offer to forex traders worldwide.
In this article, we will compare Ment Funding and FTUK in general and what they offer to forex traders worldwide.
In this article, we will go through what Ment Funding and FTUK have to offer. We will compare the firms in general and what they offer to forex traders.
1. Company incorporation
Ment Funding | FTUK | |
Incorporation date | October 2020π | December 2021 |
Ment Funding and FTUK are relatively new legitimate proprietary trading firms. Ment Funding was incorporated in October 2020 while FTUKβs incorporation was in December 2021. They have both made an excellent reputation for themselves and are attracting attention from forex traders worldwide.
2. Funding program options
Funding program options | Ment Funding | FTUK |
One-phase evaluation | β | β |
Direct funding | β | β |
Ment Funding and FTUK have the following funding program options that their community can choose from. Ment Funding has a one-phase evaluation, while FTUK has a one-phase evaluation and direct funding program.
Letβs look at the comparison between the one-phase evaluation since both proprietary trading firms are offering it.
One-phase funding program comparison:
Rule/Guideline | Ment Funding | FTUK low risk | FTUK aggressive risk |
Profit target | 10%π | 10%π | 25% |
Daily drawdown | 4% | No limitπ | No limitπ |
Overall drawdown | 5% | 5% | 5% |
Leverage | 1:10 | Up to 1:50 | Up to 1:100π |
Minimum trading days | No limit | No limit | No limit |
Trading period | No limit | No limit | No limit |
Profit split | 75% | Up to 80%π | Up to 80%π |
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 | Ment Funding | FTUK low risk | FTUK aggressive risk |
$14,000 | β | Β£119 | Β£119 |
$25,000 | $250 | β | β |
$40,000 | β | Β£299 | Β£299 |
$50,000 | $450 | β | β |
$60,000 | β | Β£349 | Β£349 |
$90,000 | β | Β£449 | Β£449 |
$100,000 | $750 | β | β |
$250,000 | $1,500 | β | β |
$500,000 | $3,000 | β | β |
$1,000,000 | $7,500 | β | β |
$2,000,000 | $15,000 | β | β |
3. Broker and trading platform
Now that we have gone through all of the funding programs that they are offering. Letβs compare which brokers and trading platforms you can use with each prop trading firm.
Ment Funding | FTUK | |
Broker | Eightcap | Itexys |
Trading platform | MetaTrader 4, MetaTrader 5π | MetaTrader 4 |
4. Trading instruments
Another important factor to consider are trading instruments. Letβs see which trading instruments you can trade with Ment Funding and which with FTUK.
Trading instrument | Ment Funding | FTUK |
Forex pairs | β | β |
Commodities | β | β |
Indices | β | β |
Stocks | β | β |
Crypto | β | β |
Crypto Indices | β | β |
5. Traders’ comments
The last thing we will go through is the feedback from Ment Funding and FTUK prop firms. The reviews we will be looking at are from Trustpilot.
Trustpilot statistics | Ment Funding | FTUK |
Rating | 4.4/5 | 4.7/5π |
Number of reviews | 41 | 87π |
Ment Funding has a rating of 4.4/5, while FTUK is 4.7/5. The number of reviews is quite small for both prop firms. Ment Funding has 41 reviews, while FTUK has 87.
6. Conclusion
In conclusion, Ment Funding, and FTUK are two excellent proprietary trading firms. A major difference is that Ment Funding started operating more than a year before FTUK. Besides that, the other significant difference would be the funding options. Ment Funding offers only a one-phase evaluation, while FTUK has a one-phase evaluation and direct funding programs.
Check our discount codes about the presented proprietary trading firms to end the comparison:
FTUK 5% active discount code: forexpropreviews
This comparison was lastly updated on 05.08.2022 at 12:01 (CE(S)T).