Can You Use an EA or Algo with Ment Funding?
As automated trading becomes more mainstream, many traders ask if Ment Funding allows Expert Advisors (EAs), bots, or algorithmic systems. The answer is nuanced—and understanding the firm’s expectations around automation is key to avoiding disqualification.
Yes, but With Conditions
Ment Funding allows automated trading, but only under strict conditions. The algo must follow the same rules as a human trader. That includes:
- No overleveraging
- No news trading during restricted times
- Respecting daily and trailing drawdowns
- Realistic order flow and latency behavior
In other words, if your EA trades like a human, you’re generally safe. If it acts like a data farm or latency arbitrage bot, expect to be flagged.
Transparency Is Required
Ment Funding reserves the right to ask for transparency on how your algorithm works. This could mean explaining your strategy, order behavior, or platform setup. Traders who hide behind anonymity or refuse to cooperate could risk account closure—even if they’re technically compliant.
Latency Arbitrage Is Prohibited
Ment Funding’s backend systems can detect patterns of latency-based trading. These are high-speed strategies that exploit differences between price feeds. Even if you don’t intend to arbitrage, your EA could behave in a way that triggers violations.
Tip: Use platforms like NinjaTrader or Tradovate where your strategy’s timing is closely aligned with backend execution.
Don’t Outsource Your Accountability
One of the biggest mistakes EA users make is assuming the bot can manage itself. Ment Funding still holds you accountable for everything the EA does. If it breaks a rule, you’re liable.
Tip: Monitor the bot constantly—especially during volatile hours or when news releases are near. Set alerts for drawdown thresholds or trade frequency spikes.
Manual Overrides Are Smart
If your EA has a feature that lets you pause or manually override trades, use it. There will be days when the market doesn’t suit your automation. Having control means you can preserve your account—and your evaluation—before it’s too late.
Don’t Let the EA Trade Alone
While the goal may be full automation, evaluations require human discipline. Many traders run a semi-automated approach: the EA suggests entries, but the human confirms and manages the trade. This hybrid approach keeps you compliant and sharp.