Address
304 North Cardinal St.
Dorchester Center, MA 02124
Work Hours
Monday to Friday: 7AM - 7PM
Weekend: 10AM - 5PM
If the rule isn’t in the Terms & Conditions, you are in the clear. All Rules of the Evaluation are the EXACT SAME on the Funded Account.Unlike other prop trading firms (proprietary trading 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. We want you to succeed and become a funded trader. There are only 3 ways to breach and lose an account, please read below for more details: Max Loss and Daily Max Loss: Inactivity of 30 days (if you do not place a trade at least once every 30 days on your account, ThinkMarkets/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.
The Daily Loss Limit is the maximum your account can lose in any given day. Daily Loss Limit is calculated using the previous day balance which resets at 5 PM EST. Unlike other 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 Daily Stop compounds with the increase in your account. 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.
We require all trades to be closed by 3:45pm EST on Friday. Any trades left open after this time will automatically be closed. Note, this is only a soft breach and you will be able to continue trading once the markets reopen.
Upon passing your Assessment, you will receive an email with instructions on how to access and complete your Trader Agreement. Once the agreement is completed and supporting documentation is provided, your Funded Account will be created, funded and issued to you typically within 24-48 business hours.
Traders can request a withdrawal of the gains in their Funded Account at any time in their trader dashboard, but no more frequently than once per thirty (30) days. So, if you make gain in your Funded Account, you can request a withdrawal. When you are ready to withdraw the gains from your Funded Account, click the Withdraw Profits button in your trader dashboard and enter the amount to withdraw.
Subject to compliance with applicable laws and regulations, traders from all countries, excluding OFAC listed countries, can take part in our program.
EA’s, Copy Traders, Scripts, and Indicators are all allowed. (Excluding HFT etc)
“You might have a lot on your mind, but we’re here to support you every step of the way.”