In recent months, Traders With Edge has become a popular alternative to prop firm funding. But what is Traders With Edge funding, and how does it differ from more traditional forms of trader funding?
In this article, we will explore the basics of Traders With Edge funding and compare it to other prop firm funding like Ment Funding. We will also discuss the benefits of traders with edge funding and offer advice on how to choose the right funding option for you.
Since its inception, Traders With Edge has been helping traders achieve their financial goals. And in recent months, the platform has been getting more and more spotlight. This is due in part to the unique features that Traders With Edge offers:
-A wide variety of programs to choose from, tailored to meet the needs of traders of all experience levels
-No matter your trading style, they have a solution that will work for you
-Customization of your challenge accounts!
-They have way more tradable assets
-They recently launched their instant funding program
These features have made Traders With Edge one of the most popular platforms for trader funding. And as word spreads about the advantages of Traders With Edge funding, even more traders are making the switch. If you’re looking for a reliable and affordable way to get started in trading, or if you’re looking for a way to take your trading career to the next level, Traders With Edge is the perfect choice.
Is Traders With Edge a better option than Ment Funding?
Brief Overview of Traders With Edge
Traders With Edge is a newer player in the world of trader funding, but it has quickly become a popular choice for many traders. The platform was designed to offer traders a more affordable and flexible way to get started in trading. And so far, they have been very successful in this endeavor.
One of the most appealing aspects of Traders With Edge is their wide variety of programs. Whether you’re a beginner trader or a seasoned pro, they have a challenge that’s right for you. And their challenge accounts can be customized to meet your specific needs and goals.
Another great feature of Traders With Edge is their instant funding program. This program allows you to get started trading right away, without having to wait for a traditional funding process.
To learn more about Traders With Edge and their unique funding program, check out their website today.
Comparing Traders With Edge to Ment Funding
Now that we’ve looked at some of the key features of Traders With Edge, let’s compare it to one of its competitors, Ment Funding.
The founder of Ment Funding, Anton Calmes created the platform as an educational resource for forex traders looking to improve their skills in markets but has since expanded its offerings beyond just finance. Now they provide service on prop firm trader funding where customers can find started with trading and funding from the company and work their way out.
The maximum trading account size after scaling for Traders With Edge is $3 million. With Ment Funding, the maximum is $2 million. Traders With Edge offers a rapid scaling option also which makes it more unique and offers bigger capital.
The profit split on both the Traders With Edge accounts is 80% from day one. When you get funded, the profit split on Ment Funding is 75%. The minimum trading days for phase one is 10 trading days with Traders With Edge and zero with Ment Funding.
Both Traders With Edge and Ment Funding have their own set of advantages and disadvantages. So how do you choose the right option for you? The answer depends on your individual needs and circumstances. Ultimately, the best way to choose the right funding option is to compare the two side-by-side and see which one best meets your needs.
If you’re looking for a comprehensive review of Traders With Edge vs Ment Funding Trader funding, check out this blog post.
Is Ment Funding Different From Other Prop Firms?
Most prop firms are showing the same structure and Ment Funding is no different from other prop firms because it offers the same type of trader funding. Their platform was designed to help traders improve their skills and learn more about the markets. And the same as other prop firms, Ment Funding offers a wide variety of services that cater to traders of all levels of experience.
Challenge Price Comparison: Ment Funding Vs Traders With Edge
With regards to price they almost offer the same for a $100k account. The only thing that Traders With Edge has the advantage compared to Ment Funding is the option it provides to its traders. They have way cheaper accounts than Ment funding which ranges from $55 to $1500 depending on the account size. Also, it offers free retry to the Hare account and has a refundable fee. So if you want to get funded, consider the price comparison of Ment Funding and Traders With Edge and weigh the cost and the benefit.
Consistency
Forex traders know the value of being consistent in their trades. While Ment funding values the consistency of traders, Traders With Edge is strict when it comes to searching for consistent traders. Prop firms like Traders With Edge always look to fund real traders not limited to their strategy. Whether you are swing traders, day traders, existing funded traders, or traders who love news trading, you are all valued to Traders With Edge as long as you have a consistent mindset in you. That’s why Traders With Edge is continually searching for serious traders looking for serious funding.
Can I use an EA?
Most prop firms allow the use of EAs and both Ment Funding and Traders With Edge are also allowing it but for Traders With Edge, it has to be checked first especially when the EA is bought from someplace and is used to auto-trade your account. If you are planning on using an EA to help manage trades(does not open trades), you are free to do so without approval.
Ment Funding Capital Scaling Program
If you are a serious trader looking for a legit funded account then it’s natural to look for a good scaling plan. Ment Funding has a scaling plan which is not new to some prop firms. However, a prop firm like Traders With Edge not only offers a scaling plan but also has a unique rapid scaling plan for serious traders.
If you have a funded account or live accounts from them it’s easier to avail of the scaling plans. Not only you’ll get funded and receive a decent profit split, but you will also have the opportunity to scale your account and receive more profits with real capital.
Ment Funding Vs Traders With Edge Account Scaling
Trade confidently knowing that you’re always backed by the best trading rules. With Traders With Edge scaling plan, your success is bright. Traders with Edge offers a better scaling plan than Ment Funding, and the rapid scaling option of trading gives them an edge over other funding sources. Once you receive your first payout, you’ll be wanting more, especially having a higher profit split than a traditional prop firm.
Ment Funding Vs Traders With Edge Maximum Account Size
Traders with Edge offers more generous account equity limits than Ment Funding prop firm. Traders can have up to 3 million dollars in their accounts, while the maximum in Ment Funding is only 2 million dollars! The prop firm that gives more funding has more upsize in general.
Competitions and giveaways
This is what’s unique about Traders With Edge, they offer competitions and giveaways to their community giving them the chance to win challenge accounts in a fair trading environment. If they passed, they will get their funded accounts with higher trading capital. All you need is to be updated for their announcement, and you’ll have your chance to have a real account to trade with a chance to have funded accounts.
Funding from Ment Funding
Account equity from both these prop trading firms varies from what challenge account you will choose although both offer likely similar account equity what differentiates Traders With Edge is the cheaper accounts they have and unique features like their customizations e.g double leverage, increase trailing drawdown to static, scaling rule, and many more.
The disadvantages of ment funding
The ment funding account has some disadvantages. The fee is not refundable, the account size is limited to $2 million, there is no rapid scaling option, and there are no giveaways and trading competitions.
Overall, ment funding is a great prop trading firm, but Traders With Edge has more to offer with its unique features. If you are looking for a prop firm that can give you an edge in your trading career, look no further than Traders With Edge!
Final Thoughts
When it comes to choosing the right funding option for you, it is important to consider your individual needs and goals. If you are serious about becoming a successful trader, Traders With Edge funding is a great option to consider.
They offer the flexibility, support, and resources you need to succeed. It is a great choice for traders of all experience levels. Whether you’re just getting started in trading or are looking for a way to take your career to the next level, Traders With Edge has the perfect solution for you.
So, how do you choose the right type of trader funding for you? If you are new to trading, or if you are looking for an alternative to traditional prop firm funding, Traders With Edge funding may be the right choice for you. And if you are already established in your career, and if you are looking for a more flexible form of trader funding, still Traders With Edge is a better option.
No matter what type of trader funding you choose, be sure to do your research and select a program that is right for you. There are many different types of trader funding programs out there, and each has its own set of benefits and drawbacks. Choose the program that best suits your needs and your trading style. With the right trader funding program, you can take your trading career to the next level.
