MainetFunded Forex prop firm review

MainetFunded Forex prop firm review

MainetFunded prop firm offers funded challenges and promises diverse funded options ranging from 10k to 300k USD. The firm has several challenge types including 1-step, 2-step, and instant options, which is competitive. The firm promises up to 95% profit sharing, which is a huge red flag. While this number might seem attractive, prop firms should be splitting trader profits to generate income. The firm offers its own platform with integrated TradingView charts. 

In this unbiased MainetFunded review, we will assess the firm’s most critical features like safety, rules, funded options and types, assets, platforms, pricing, support, and more. 

Pros & cons of MainetFunded prop firm

ProsCons
Diverse funded account types (1-step, 2-step, instant)Low safety: no trader reviews, young firm, no backing from regulated brokers
Competitive pricing from 75 USDForex, Crypto, and Metals only
Up to 95% profit splitHigh fees for instant challenges
Integrated TradingView chartsLack of proper customer support channels

Quick rating of MainetFunded and its features

FPA ScoreNot rated
Year founded2024
HeadquartersUnknown
Minimum audition fee75 USD
Fees on withdrawals0.5%
Minimum funded amount10,000 USD
Maximum funded amount300,000 USD
Allowed daily loss4%
Profit target10%
Maximum trailing drawdown6%
Profit sharing (Payouts)80% (up to 95% using scaling plan)
Trading PlatformsMatch-Trader
Available trading marketsForex, Crypto & Precious Metals

Safety of MainetFunded

There are 0 MainetFunded reviews on the Forex Peace Army (FPA) platform, which is a serious downside. On Trustpilot, the firm does not have any trader reviews either, which is a huge red flag. Not having trader feedback is the most critical issue any prop firm can face and often directly indicates a scam company. The firm was also launched in 2024, which makes it very inexperienced and young. When it comes to brokers, the firm is not backed by any regulated entity, which is also a red flag. Furthermore, all funded accounts are simulated accounts only, meaning, traders only access demo accounts. 

The firm gets a 0 score in this section for having terrible safety.

MainetFunded Funding and maximum capital allocation

MainetFunded funded programs are diverse, and the firm offers instant funding, 1-step, and 2-step evaluation accounts. Traders can use instant accounts to start trading for profits immediately, which is usually very attractive for seasoned traders. However, the pricing is high and rules are strict for these types of challenges. 

MainetFunded funding options include 10k, 25k, 50k, 100k, 200k, and 300k USD for 1-step and 2-step challenges. The instant accounts only offer from 10 to 100k USD amount challenges. 

As we can see, the instant MainetFunded challenge offers a limited range of funded amounts, while other accounts have wider choices. However, the firm does not offer smaller challenges below 10k USD, which is not competitive. Since the firm also lacks 1 million USD accounts, it is not very attractive for seasoned pros either. 

MainetFunded scaling plan allows traders to increase their maximum funding amount to up to 1 million dollars. Whenever a trader uses a scaling plan, the base funding is increased by 40% and the profit split becomes 95%.

Overall, the firm gets a 3 score in this section. 

MainetFunded Assets

MainetFunded prop trading assets include Forex, Crypto & Precious Metals. There are no indices or other types of commodities offered, and the firm also prohibits access to stocks and other popular assets. The leverage is up to 1:100 for all funded accounts, which is flexible. 

Overall, the firm only gets a 2.5 score in this section. 

MainetFunded Trading rules and limitations

MainetFunded rules are slightly different for each funded account type. The instant challenge is usually the strictest accounts, having very low-risk requirements. Let’s compare all of them to see clearly which account is most attractive.

The instant MainetFunded funded challenge has the following rules:

  • Profit target - None
  • Daily risk limit - 4%
  • Maximum drawdown - 5% 
  • Trading period - None
  • Minimum trading days - 3 days

The 1-step MainetFunded funded challenge has the following rules:

  • Profit target - 10%
  • Daily risk limit - 4%
  • Maximum drawdown - 6% 
  • Trading period - Unlimited
  • Minimum trading days - 3 days

The 2-step MainetFunded funded challenge has the following rules:

  • Profit target - 8%
  • Daily risk limit - 5%
  • Maximum drawdown - 10%
  • Trading period - Unlimited
  • Minimum trading days - 3 days

As we can see, the three accounts offer almost the same rules. The 2-step challenge has the highest maximum drawdown of 10% which is very competitive. However, the firm does not allow EAs, news trading, overnight holding, and weekend trading or holding, which is very disadvantageous. 

As a result, the firm only gets a 0.8 sore in this section. 

MainetFunded Fees

The pricing is very competitive and below 150 USD for 1-step and 2-step smaller accounts, while it is expensive for the instant options. The smallest 10k USD challenge costs 500 dollars, which is incredibly expensive for instant challenges, making the firm’s offering very unattractive. For 2-step and 1-step 10k challenges, the firm requires 75 and 99 USD one-time fees, which is competitive. Spreads are not zero, which is a downside. 

MainetFunded free trial is not offered and the MainetFunded free repeat is not available either, which is a downside for the firm. 

Overall, the firm gets a 1.5 score in this section.

MainetFunded Platforms

The firm allows access to a popular prop trading platform, Match-Trader, which has integrated TradingView charts. However, the platform is inferior to advanced software like MT4 and MT5 and does not offer EAs or custom indicators, which is a downside. Mobile trading is available via mobile app.

Overall, the firm only gets a 2.1 score in this section. 

MainetFunded Profit-Sharing

MainetFunded profit split starts at 80% which is decent. However, traders can increase it up to 95% using the scaling plan. This is very attractive and even a red flag, as too many profit split promises should be taken with a grain of salt. Withdrawals are slow and take 1-3 business days or longer which is a downside. 

Overall, the firm gets a 3 score in this section.

Education and trading tools at MainetFunded

The firm offers a Learn and Earn program which allows traders to start low and learn trading. However, there are no comprehensive educational resources like webinars, trading courses, or video guides. There are no tools offered either.

Overall, the firm gets a 1.5 score in this section. 

Customer Support at MainetFunded

The firm lacks proper live chat support and only offers a Discord. There is email support offered as well, but no phone support is provided. MainetFunded does not offer multilingual support, which is a drawback. 

Overall, the firm gets a 2.4 score in this section. 

Frequently Asked Questions on MainetFunded

Is MainetFunded legit?

MainetFunded scam is highly likely as the firm is super young and severely lacks trader feedback, making it difficult to define trader experience. 

Is MainetFunded a good prop firm?

While it offers diverse challenges, the drawbacks in safety, rules, and support suggest caution.

What is the minimum MainetFunded fee?

The smallest fees are charged for two accounts. For 2-step and 1-step 10k challenges, the firm requires 75 and 99 USD one-time fees