Goat Funded Trader is a proprietary trading firm that is committed to a trader’s success while also offering them an exceptional trading experience.
- Great Trustpilot Rating of 4.1/5
- Four Unique Funding Programs
- Multiple Add-on Features
- Professional Trader Dashboard
- A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Stocks, Cryptocurrencies)
- Leverage up to 1:100
- No Minimum Trading Day Requirements
- No Maximum Trading Period
- Scaling Plan
- Profit Share 65% up to 95%
- Overnight & Weekend Holding Allowed
- News Trading Allowed
- Maximum Daily Equity-based Drawdown
- Initial Maximum Drawdown of 8% on No Time Limit Challenge
- Maximum Trailing Drawdown on Instant Funding
Goat Funded Trader is dedicated to ensuring the success of traders by providing an outstanding 24/7 trading experience. The commitment includes responsive customer service, refundable fees, achievable profit targets, top-notch trading tools, competitive commissions, and tight spreads. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $400,000 and receive up to 95% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, stocks, and cryptocurrencies.
Who are Goat Funded Trader?
Goat Funded Trader is a proprietary trading firm with the legal name Wishes Tower International SL, which was incorporated on the 17th of May, 2023. They are located in the Canary Islands, Spain, and are being managed by CEO Edoardo Dalla Torre. Goat Funded Trader provides traders with the opportunity to choose between four account types, three two-step evaluations and an instant funding program while being partnered with ThinkMarkets as their broker.
Goat Funded Trader’s headquarters are located in the Canary Islands, Spain.
Who is the CEO of Goat Funded Trader?
Edoardo Dalla Torre is the CEO of Goat Funded Trader. Note that we will be adding more information about their CEO in the future. Stay tuned!
Video Review
Funding Program Options
Goat Funded Trader provides its traders with four unique funding program options:
- Goat Challenge
- No Time Limit Challenge
- Swing Challenge
- Instant Funding
Goat Challenge
Goat Funded Trader’s Goat Challenge provides traders the opportunity to manage account sizes ranging from $5,000 up to $150,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Goat Challenge allows you to trade with up to 1:50 leverage.
| Account Size | Price | Price (Swap-free) |
|---|---|---|
| $5,000 | $30 | $33 |
| $8,000 | $48 | $52 |
| $15,000 | $88 | $95 |
| $25,000 | $138 | $148 |
| $50,000 | $238 | $255 |
| $100,000 | $398 | $426 |
| $150,000 | $598 | $640 |
Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 4% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to phase two, you are only required to reach the 8% profit target without breaching the maximum daily or maximum loss limit rules.
Evaluation phase two requires a trader to reach a profit target of 6% while not surpassing their 4% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. To proceed to funded status, you are only required to reach the 6% profit target without breaching the maximum daily or maximum loss limit rules.
By completing both evaluation phases, you are awarded a funded account where you have a 3% profit requirement only for your first payout. You must only respect the 4% maximum daily loss and 10% maximum loss rules. Your first payout is on-demand after you manage to generate a 3% profit on your funded account, while all other withdrawals can be submitted on a monthly basis. Your profit split will be 80% up to 95% based on the profit you make on your funded account. Keep in mind that if you decide to request your first profit split on-demand, you will be eligible for a 40% profit split. However, if you request it after 30 calendar days, you will be eligible for an 80% profit split.
Add-ons for Goat Funded Trader’s Goat Challenge
- 90% Profit Split
- Bi-weekly Payouts
- Weekly Payouts
Goat Challenge Scaling Plan
The Goat Challenge also has a scaling plan. You will receive an account increase, profit split increase, monthly salary, as well as daily and maximum drawdown increases based on the number of payouts you successfully qualify for while funded.
Example:
After a minimum period of 2 months and 4 successful payouts, you will qualify for a 15% increase based on the initial account balance. Maximum daily drawdown and maximum drawdown increase by 1%.
After a minimum period of 4 months and 6 successful payouts, you will qualify for a 30% increase based on the initial account balance. Maximum daily drawdown and maximum drawdown increase by 1%. Your profit split is 90% and can be requested on a weekly basis. You will also be receiving a free challenge if you fail your current one.
After a minimum period of 5 months and 10 successful payouts, you will qualify for a 40% increase based on the initial account balance. Maximum daily drawdown and maximum drawdown increase by 1%. Your profit split increases to 92% and can be requested on a weekly basis. You will also be receiving a free challenge if you fail your current one. Additionally, you will be receiving a $300 monthly salary if you are managing account sizes between $5k to $50k and a $500 monthly salary if you are managing account sizes of $100k and $200k.
After a minimum period of 6 months and 15 successful payouts, you will become a Goat Trader and qualify for on-demand payouts. Maximum daily drawdown and maximum drawdown increase by 1%. Your profit split increases to 95% and can be requested on a daily on-demand basis. You will also be receiving a free challenge if you fail your current one. Additionally, you will be receiving a $300 monthly salary if you are managing account sizes between $5k to $50k and a $500 monthly salary if you are managing account sizes of $100k and $200k.
Goat Challenge Trading Rules & Objectives
- Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 8%, whereas Phase 2 requires reaching a profit target of 6%. Funded accounts do not have any specified profit targets.
- Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 4%. (Scaleable up to 8%)
- Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 10%. (Scaleable up to 14%)
No Time Limit Challenge
Goat Funded Trader’s No Time Limit Challenge provides traders the opportunity to manage account sizes ranging from $5,000 up to $200,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The No Time Limit Challenge allows you to trade with up to 1:100 leverage.
| Account Size | Price | Price (Swap-free) |
|---|---|---|
| $5,000 | $44 | $48 |
| $8,000 | $84 | $90 |
| $15,000 | $154 | $165 |
| $25,000 | $194 | $208 |
| $50,000 | $294 | $315 |
| $100,000 | $524 | $561 |
| $200,000 | $974 | $1,043 |
Evaluation phase one requires a trader to reach a profit target of 10% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to phase two, you are only required to reach the 10% profit target without breaching the maximum daily or maximum loss limit rules.
Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. To proceed to funded status, you are only required to reach the 5% profit target without breaching the maximum daily or maximum loss limit rules.
By completing both evaluation phases, you are awarded a funded account where you have a 3% profit requirement only for your first payout. You must only respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout is on-demand after you manage to generate a 3% profit on your funded account, while all other withdrawals can be submitted on a monthly basis. Your profit split will be 80% up to 95% based on the profit you make on your funded account. Keep in mind that if you decide to request your first profit split on-demand, you will be eligible for a 40% profit split. However, if you request it after 30 calendar days, you will be eligible for an 80% profit split.
Add-ons for Goat Funded Trader’s No Time Limit Challenge
- 90% Profit Split
- Bi-weekly Payouts
- Weekly Payouts
No Time Limit Challenge Scaling Plan
The No Time Limit Challenge also has a scaling plan. You will receive an account increase, profit split increase, monthly salary, as well as daily and maximum drawdown increases based on the number of payouts you successfully qualify for while funded.
Example:
After a minimum period of 2 months and 4 successful payouts, you will qualify for a 15% increase based on the initial account balance. Maximum daily drawdown and maximum drawdown increase by 1%.
After a minimum period of 4 months and 6 successful payouts, you will qualify for a 30% increase based on the initial account balance. Maximum daily drawdown and maximum drawdown increase by 1%. Your profit split is 90% and can be requested on a weekly basis. You will also be receiving a free challenge if you fail your current one.
After a minimum period of 5 months and 10 successful payouts, you will qualify for a 40% increase based on the initial account balance. Maximum daily drawdown and maximum drawdown increase by 1%. Your profit split increases to 92% and can be requested on a weekly basis. You will also be receiving a free challenge if you fail your current one. Additionally, you will be receiving a $300 monthly salary if you are managing account sizes between $5k to $50k and a $500 monthly salary if you are managing account sizes of $100k and $200k.
After a minimum period of 6 months and 15 successful payouts, you will become a Goat Trader and qualify for on-demand payouts. Maximum daily drawdown and maximum drawdown increase by 1%. Your profit split increases to 95% and can be requested on a daily on-demand basis. You will also be receiving a free challenge if you fail your current one. Additionally, you will be receiving a $300 monthly salary if you are managing account sizes between $5k to $50k and a $500 monthly salary if you are managing account sizes of $100k and $200k.
No Time Limit Evaluation Trading Rules & Objectives
- Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 10%, whereas Phase 2 requires reaching a profit target of 5%. Funded accounts do not have any specified profit targets.
- Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%. (Scaleable up to 9%)
- Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 10%. (Scaleable up to 12%)
Swing Challenge
Goat Funded Trader’s Swing Challenge provides traders the opportunity to manage account sizes ranging from $10,000 up to $100,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Swing Challenge allows you to trade with up to 1:50 leverage.
| Account Size | Price (Swap-free) |
|---|---|
| $10,000 | $120 |
| $25,000 | $230 |
| $50,000 | $370 |
| $100,000 | $580 |
Evaluation phase one requires a trader to reach a profit target of 10% while not surpassing their 4% maximum daily loss or 12% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to phase two, you are only required to reach the 10% profit target without breaching the maximum daily or maximum loss limit rules.
Evaluation phase two requires a trader to reach a profit target of 6% while not surpassing their 4% maximum daily loss or 12% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. To proceed to funded status, you are only required to reach the 6% profit target without breaching the maximum daily or maximum loss limit rules.
By completing both evaluation phases, you are awarded a funded account where you have a 3% profit requirement only for your first payout. You must only respect the 4% maximum daily loss and 12% maximum loss rules. Your first payout is on-demand after you manage to generate a 3% profit on your funded account, while all other withdrawals can be submitted on a monthly basis. Your profit split will be 80% up to 95% based on the profit you make on your funded account. Keep in mind that if you decide to request your first profit split on-demand, you will be eligible for a 40% profit split. However, if you request it after 30 calendar days, you will be eligible for an 80% profit split.
Add-ons for Goat Funded Trader’s Swing Challenge
- 90% Profit Split
- Bi-weekly Payouts
- Weekly Payouts
Swing Challenge Scaling Plan
The Swing Challenge also has a scaling plan. You will receive an account increase, profit split increase, monthly salary, as well as daily and maximum drawdown increases based on the number of payouts you successfully qualify for while funded.
Example:
After a minimum period of 2 months and 4 successful payouts, you will qualify for a 15% increase based on the initial account balance. Maximum daily drawdown and maximum drawdown increase by 1%.
After a minimum period of 4 months and 6 successful payouts, you will qualify for a 30% increase based on the initial account balance. Maximum daily drawdown and maximum drawdown increase by 1%. Your profit split is 90% and can be requested on a weekly basis. You will also be receiving a free challenge if you fail your current one.
After a minimum period of 5 months and 10 successful payouts, you will qualify for a 40% increase based on the initial account balance. Maximum daily drawdown and maximum drawdown increase by 1%. Your profit split increases to 92% and can be requested on a weekly basis. You will also be receiving a free challenge if you fail your current one. Additionally, you will be receiving a $300 monthly salary if you are managing account sizes between $5k to $50k and a $500 monthly salary if you are managing account sizes of $100k and $200k.
After a minimum period of 6 months and 15 successful payouts, you will become a Goat Trader and qualify for on-demand payouts. Maximum daily drawdown and maximum drawdown increase by 1%. Your profit split increases to 95% and can be requested on a daily on-demand basis. You will also be receiving a free challenge if you fail your current one. Additionally, you will be receiving a $300 monthly salary if you are managing account sizes between $5k to $50k and a $500 monthly salary if you are managing account sizes of $100k and $200k.
Swing Evaluation Trading Rules & Objectives
- Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 10%, whereas Phase 2 requires reaching a profit target of 6%. Funded accounts do not have any specified profit targets.
- Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 4%. (Scaleable up to 8%)
- Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 12%. (Scaleable up to 14%)
Instant Funding
Goat Funded Trader’s Instant Funding provides traders with the opportunity to manage account sizes ranging from $2,500 up to $50,000. The aim is to allow traders to skip the evaluation altogether and start earning from the start. Instant Funding allows you to trade with up to 1:50 leverage.
| Account Size | Price |
|---|---|
| $2,500 | $98 |
| $5,000 | $198 |
| $10,000 | $398 |
| $20,000 | $798 |
| $50,000 | $1,898 |
By purchasing Instant Funding, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 4% maximum daily and 8% maximum trailing loss rules. Your first payout is on-demand after you manage to generate a 3% profit on your funded account, while all other withdrawals can be submitted on a monthly basis. Your profit split will be 65% up to 95% based on the profit you make on your funded account. Keep in mind that if you decide to request your first profit split on-demand, you will be eligible for a 40% profit split. However, if you request it after 30 calendar days, you will be eligible for an 65% profit split.
Add-ons for Goat Funded Trader’s Instant Funding
- Triple Payday
- 90% Profit Split
- Bi-weekly Payouts
Instant Funding Scaling Plan
Instant Funding also has a scaling plan. If a trader manages to reach a 10% profit target, you will be able to scale your account to the next available account size up to three times. Please note that if you decide to scale your account, you will not be required to forfeit your profits but will instead receive a 50% profit split based on the 10% generated profit as well as a double-up balance increase. It is worth noting that you can scale your account a maximum of three times, meaning that a $50,000 Instant Funding account can be scaled up to $400,000.
Example:
After generating a profit of 10% on your $50,000 account, you can request to scale, which will result in your receiving a 50% profit split and a scaled $100,000 account.
After generating a profit of 10% on your $100,000 account, you can request to scale, which will result in your receiving a 50% profit split and a scaled $200,000 account.
After generating a profit of 10% on your $200,000 account, you can request to scale, which will result in your receiving a 50% profit split and a scaled $400,000 account.
Instant Funding Trading Rules & Objectives
- Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. There are no profit target requirements. However, there is a 10% scaling target for each level.
- Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 4%.
- Maximum Trailing Loss – The difference between the highest achieved account balance and the lowest point of the drawdown determines the maximum trailing loss a trader is allowed to lose without breaching the account. All account sizes have a maximum trailing loss of 8%.
- Stop-loss Risk Per Position – Before entering a trade, the trader is required to define a specific percentage-based stop-loss for each position. There is a maximum risk requirement of 2% for each position.
What Makes Goat Funded Trader Different From Other Prop Firms?
Goat Funded Trader differs from most industry-leading prop firms due to offering four unique account types: three two-step evaluations and an instant funding program. In addition, they also provide numerous favorable features, such as an unlimited trading period, no minimum trading day requirements, a scaling plan for daily and maximum drawdown, first payout on-demand, and multiple add-on features.
Goat Funded Trader’s Goat Challenge is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 8% in phase one and 6% in phase two, with a 4% maximum daily and 10% maximum loss rules. You also have no minimum or maximum trading day requirements during both evaluation phases. The Goat Challenge also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Goat Challenge stands out mainly for having an unlimited trading period, no minimum trading day requirements, a scaling plan for daily and maximum drawdown, first payout on-demand, and multiple add-on features.
Example of comparison between Goat Funded Trader & FundedNext
| Trading Objectives | Goat Funded Trader | FundedNext (Stellar) |
|---|---|---|
| Phase 1 Profit Target | 8% | 8% |
| Phase 2 Profit Target | 6% | 5% |
| Maximum Daily Loss | 4% (Scaleable up to 8%) | 5% |
| Maximum Loss | 10% (Scaleable up to 14%) | 10% |
| Minimum Trading Days | No Minimum Trading Days | 5 Calendar Days |
| Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Profit Split | 80% up to 95% | 80% up to 95% |
Example of comparison between Goat Funded Trader & The Funded Trader
| Trading Objectives | Goat Funded Trader | The Funded Trader (Rapid) |
|---|---|---|
| Phase 1 Profit Target | 8% | 8% |
| Phase 2 Profit Target | 6% | 5% |
| Maximum Daily Loss | 4% (Scaleable up to 8%) | 5% |
| Maximum Loss | 10% (Scaleable up to 14%) | 8% |
| Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
| Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Profit Split | 80% up to 95% | 80% up to 90% |
Example of comparison between Goat Funded Trader & Alpha Capital Group
| Trading Objectives | Goat Funded Trader | Alpha Capital Group |
|---|---|---|
| Phase 1 Profit Target | 8% | 8% |
| Phase 2 Profit Target | 6% | 5% |
| Maximum Daily Loss | 4% (Scaleable up to 8%) | 5% |
| Maximum Loss | 10% (Scaleable up to 14%) | 10% |
| Minimum Trading Days | No Minimum Trading Days | 3 Calendar Days |
| Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Profit Split | 80% up to 95% | 80% |
Goat Funded Trader’s No Time Limit Challenge is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 10% in phase one and 5% in phase two, with a 5% maximum daily and 10% maximum loss rules. You also have no minimum or maximum trading day requirements during both evaluation phases. The No Time Limit Challenge also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the No Time Limit Challenge stands out mainly for having an unlimited trading period, no minimum trading day requirements, a scaling plan for daily and maximum drawdown, first payout on-demand, and multiple add-on features.
Example of comparison between Goat Funded Trader & FXIFY
| Trading Objectives | Goat Funded Trader | FXIFY |
|---|---|---|
| Phase 1 Profit Target | 10% | 10% |
| Phase 2 Profit Target | 5% | 5% |
| Maximum Daily Loss | 5% (Scaleable up to 9%) | 5% |
| Maximum Loss | 10% (Scaleable up to 12%) | 10% |
| Minimum Trading Days | No Minimum Trading Days | 5 Calendar Days |
| Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Profit Split | 80% up to 95% | 75% up to 90% |
Example of comparison between Goat Funded Trader & Funded Trading Plus
| Trading Objectives | Goat Funded Trader | Funded Trading Plus (Advanced) |
|---|---|---|
| Phase 1 Profit Target | 10% | 10% |
| Phase 2 Profit Target | 5% | 5% |
| Maximum Daily Loss | 5% (Scaleable up to 9%) | 5% |
| Maximum Loss | 10% (Scaleable up to 12%) | 10% (Trailing) |
| Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
| Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Profit Split | 80% up to 95% | 80% up to 100% |
Example of comparison between Goat Funded Trader & E8 Markets
| Trading Objectives | Goat Funded Trader | E8 Markets |
|---|---|---|
| Phase 1 Profit Target | 10% | 8% |
| Phase 2 Profit Target | 5% | 4% |
| Maximum Daily Loss | 5% (Scaleable up to 9%) | 4% |
| Maximum Loss | 10% (Scaleable up to 12%) | 8% (Scaleable up to 14%) |
| Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
| Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Profit Split | 80% up to 95% | 80% |
Goat Funded Trader’s Swing Challenge is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 10% in phase one and 6% in phase two, with a 4% maximum daily and 12% maximum loss rules. You also have no minimum or maximum trading day requirements during both evaluation phases. The Swing Challenge also has a unique scaling plan, allowing traders to manage even larger account sizes. The Swing Challenge also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, Swing Challenge stands out mainly for having an unlimited trading period, no minimum trading day requirements, a scaling plan for daily and maximum drawdown, first payout on-demand, and multiple add-on features.
Example of comparison between Goat Funded Trader & Funding Pips
| Trading Objectives | Goat Funded Trader | Funding Pips |
|---|---|---|
| Phase 1 Profit Target | 10% | 8% |
| Phase 2 Profit Target | 6% | 5% |
| Maximum Daily Loss | 4% (Scaleable up to 8%) | 5% (Scaleable up to 7%) |
| Maximum Loss | 12% (Scaleable up to 14%) | 10% (Scaleable up to 14%) |
| Minimum Trading Days | No Minimum Trading Days | 3 Calendar Days |
| Maximum Trading Period | Phase 1: 30 Calendar Days Phase 2: 60 Calendar Days | Phase 1: Unlimited Phase 2: Unlimited |
| Profit Split | 80% up to 95% | 60% up to 100% + Monthly Salary |
Example of comparison between Goat Funded Trader & Smart Prop Trader
| Trading Objectives | Goat Funded Trader | Smart Prop Trader (Standard) |
|---|---|---|
| Phase 1 Profit Target | 10% | 7% |
| Phase 2 Profit Target | 6% | 5% |
| Maximum Daily Loss | 4% (Scaleable up to 8%) | 4% |
| Maximum Loss | 12% (Scaleable up to 14%) | 8% (Scaleable up to 28%) |
| Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
| Maximum Trading Period | Phase 1: 30 Calendar Days Phase 2: 60 Calendar Days | Phase 1: Unlimited Phase 2: Unlimited |
| Profit Split | 80% up to 95% | 75% up to 95% |
Example of comparison between Goat Funded Trader & MyFundedFX
| Trading Objectives | Goat Funded Trader | MyFundedFX |
|---|---|---|
| Phase 1 Profit Target | 10% | 8% |
| Phase 2 Profit Target | 6% | 5% |
| Maximum Daily Loss | 4% (Scaleable up to 8%) | 5% (Scaleable up to 8%) |
| Maximum Loss | 12% (Scaleable up to 14%) | 8% (Scaleable up to 14%) |
| Minimum Trading Days | No Minimum Trading Days | 3 Profitable Days |
| Maximum Trading Period | Phase 1: 30 Calendar Days Phase 2: 60 Calendar Days | Phase 1: Unlimited Phase 2: Unlimited |
| Profit Split | 80% up to 95% | 80% up to 92.75% |
Goat Funded Trader’s Instant Funding is a direct funding account that allows traders to skip the evaluation altogether and start earning from the start. There are no withdrawal requirements, only a 4% maximum daily and 8% maximum trailing loss limit rules. You also have no minimum or maximum trading day requirements. Instant Funding also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, Instant Funding stands out mainly for having an unlimited trading period, no minimum trading day requirements, first payout on-demand, and multiple add-on features.
Example of comparison between Goat Funded Trader & FTUK
| Trading Objectives | Goat Funded Trader | FTUK |
|---|---|---|
| Profit Target | ❌ (10% For Scaling) | ❌ (10% For Scaling) |
| Maximum Daily Loss | 4% | ❌ |
| Maximum Loss | 8% (Trailing) | 6% |
| Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
| Maximum Trading Period | Unlimited | Unlimited |
| Profit Split | 65% up to 95% | 50% up to 80% |
Example of comparison between Goat Funded Trader & The5ers
| Trading Objectives | Goat Funded Trader | The5ers |
|---|---|---|
| Profit Target | ❌ (10% For Scaling) | 10% |
| Maximum Daily Loss | 4% | 3% (Daily Pause) |
| Maximum Loss | 8% (Trailing) | 6% |
| Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
| Maximum Trading Period | Unlimited | Unlimited |
| Profit Split | 65% up to 95% | 50% up to 100% |
Example of comparison between Goat Funded Trader & OFP
| Trading Objectives | Goat Funded Trader | OFP |
|---|---|---|
| Profit Target | ❌ (10% For Scaling) | ❌ |
| Maximum Daily Loss | 4% | 3%, 4%, or 5% |
| Maximum Loss | 8% (Trailing) | 6%, 8%, or 10% (Trailing) |
| Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
| Maximum Trading Period | Unlimited | Unlimited |
| Profit Split | 65% up to 95% | 26% up to 80% |
In conclusion, Goat Funded Trader differs from other industry-leading prop firms by offering four unique account types: three two-step evaluations and an instant funding program. In addition, they also provide numerous favorable features, such as an unlimited trading period, no minimum trading day requirements, a scaling plan for daily and maximum drawdown, first payout on-demand, and multiple add-on features.
Is Getting Goat Funded Trader Capital Realistic?
It is essential to evaluate the achievability of trading requirements when considering proprietary trading firms that align with your forex trading style. While a company may appear attractive with a high percentage profit split on a generously funded account, the practicality decreases if they demand substantial monthly gains with minimal maximum drawdown percentages, significantly reducing the likelihood of success. Additionally, examining time constraints is crucial, with an unlimited trading period being more advantageous as it eliminates the pressure associated with time constraints. Lastly, it is essential to acquaint yourself with all trading rules during the evaluation process and subsequent funding stages to mitigate the risk of accidentally violating your trading account terms.
- Receiving capital from the Goat Challenge is realistic primarily due to its relatively modest profit targets (8% in phase one and 6% in phase two) coupled with average maximum loss rules (4% maximum daily and 10% maximum loss). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can secure funding swiftly in a day or proceed at your preferred trading pace. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 80% up to 95%.
- Receiving capital from the No Time Limit Challenge is realistic primarily due to its relatively modest profit targets (10% in phase one and 5% in phase two) coupled with slightly below-average maximum loss rules (5% maximum daily and 10% maximum loss). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can secure funding swiftly in a day or proceed at your preferred trading pace. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 80% up to 95%.
- Receiving capital from the Swing Challenge is realistic primarily due to its below-average profit targets (10% in phase one and 6% in phase two) coupled with average maximum loss rules (4% maximum daily and 12% maximum loss). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can secure funding swiftly in a day or proceed at your preferred trading pace. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 80% up to 95%.
- Receiving capital from Instant Funding is realistic primarily due to no profit target requirements coupled with average maximum loss rules (4% maximum daily and 8% maximum trailing loss). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can trade at your preferred pace. Furthermore, upon successfully generating a profit, participants qualify for payouts featuring an advantageous 65% up to 95% profit split.
After considering all the factors, Goat Funded Trader is highly recommended since you have four unique funding programs to choose from, three two-step evaluations and an instant funding program, which all feature realistic trading objectives and conditions for qualifying for payouts.
Payment Proof
Goat Funded Trader is a proprietary trading firm that was incorporated on the 17th of May, 2023. They have a large community of traders who have reached funded status and successfully qualify for a profit split.
While working with Goat Funded Trader and reaching funded status with the Goat Challenge, No Time Limit Challenge, Swing Challenge, or Instant Funding, you will be eligible to receive your first payout on day one if you meet the 3% withdrawal target. Your profit split will consist of a generous 80% up to 95% based on the profit that you have generated on your funded account. Keep in mind that if you decide to request your first profit split on-demand, you will be eligible for a 40% profit split. However, if you request it after 30 calendar days, you will be eligible for an 80% profit split with Goat Challenge, No Time Limit Challenge, and Swing Challenge, while with Instant Funding, you will be eligible for a 65% profit split.
When it comes to Goat Funded Trader, you can find it on numerous websites. One example is Trustpilot, where their traders comment regarding their experience while working with the company as well as the process of how they successfully received payouts. Another source of payment proof for Goat Funded Trader is their Discord channel, where you can find numerous trader interviews and payout certificates of the most successful traders.
Examples of Payout Certificates and Payment Proof can be seen in the images below.
Which Broker Does Goat Funded Trader Use?
Goat Funded Trader is partnered with ThinkMarkets as their broker.
ThinkMarkets is a premium multi-asset online brokerage with headquarters located in London and Melbourne. They provide quick and easy access to a wide range of markets while delivering some of the most recognized trading solutions: MetaTrader 4, MetaTrader 5, and their in-house developed ThinkTrader platform.
As for trading platforms, while you are working with Goat Funded Trader, they allow you to trade on cTrader, Match-Trader, or TradeLocker.
Trading Instruments
As mentioned above, Goat Funded Trader is partnered with ThinkMarkets, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, stocks, and cryptocurrencies with a leverage of up to 1:100, depending on the trading instrument that you are trading and the Challenge that you are participating in.
Forex Pairs
| EUR/CAD | CAD/JPY | CHF/JPY | EUR/CHF | EUR/GBP | EUR/JPY |
| EUR/USD | GBP/CAD | GBP/CHF | GBP/JPY | GBP/USD | USD/CAD |
| USD/CHF | USD/JPY | AUD/CAD | AUD/CHF | AUD/JPY | AUD/NZD |
| AUD/USD | CAD/CHF | EUR/AUD | EUR/NOK | EUR/NZD | EUR/SEK |
| EUR/SGD | GBP/AUD | GBP/NZD | NZD/CAD | NZD/CHF | NZD/JPY |
| NZD/USD | USD/NOK | USD/SEK | USD/SGD | EUR/HUF | USD/BRL |
| USD/CNH | USD/HUF | USD/MXN | USD/TRY | USD/ZAR | EUR/CZK |
| EUR/PLN | EUR/ZAR | GBP/ZAR | EUR/TRY |
Commodities
| XAU/USD | XAU/EUR | XAG/USD | WTI | BRENT |
| NGAS | COPPER | CPT/USD | CORN | SOYBEANS |
| WHEAT |
Indices
| AUS200 | ESTX50 | FRA40 | GER40 | UK100 |
| JPN225 | NAS100 | SPX500 | US30 | CHINA50 |
| HK50 | SPAIN35 | USDINDEX | VIX | US2000 |
| TAIEX |
Cryptocurrencies
| BTC/USD | ETH/USD | LTC/USD | BCH/USD | XRP/USD |
| XMR/USD | DASH/USD | ZEC/USD | DOT/USD | LINK/USD |
| XTZ/USD | EOS/USD | ADA/USD | XLM/USD | BAT/USD |
| DOGE/USD | SOL/USD | MATIC/USD | OMG/USD | UNI/USD |
| SHIB/USD | SAND/USD | ALGO/USD | ATOM/USD | AVAX/USD |
| BNB/USD | MANA/USD |
As mentioned above, Goat Funded Trader also allows you to trade a wide range of stocks through ThinkMarkets. To view the full list, please refer to the Spread Account below, which will enable you to log into the trading platform and view the complete list of available stocks.
Trading Fees
Trading Commission
| Trading Instrument | Commission Fee |
|---|---|
| FOREX | 7 USD / LOT |
| COMMODITIES | 5 USD / LOT |
| INDICES | 0 USD / LOT |
| STOCKS | 0 USD / LOT |
| CRYPTO | 0 USD / LOT |
Spread Account
To check the live spreads, log in to the trading account below.
| Platform | Server | Login Number | Password | Download Platform |
|---|---|---|---|---|
| cTrader | – | – | – | Click here |
| Match-Trader | – | – | – | Click here |
| TradeLocker | – | – | – | Click here |
Education
Goat Funded Trader provides its community with a detailed Blog with educational content, such as the following seven categories:
- Trading Tips
- General
- Education
- VIP Goat Traders
- Affiliate
- Contest
- Interview
Additionally, Goat Funded Trader provides its community with a Lot Size Calculator, which was designed to speed up the process of calculating your lot sizes and managing your risk efficiently.
And lastly, Goat Funded Trader also offers a well-designed trading dashboard accessible to all its traders, simplifying the management of risk through the display of trading objectives and associated statistics.
Trustpilot Feedback
Goat Funded Trader has gathered a great score on Trustpilot based on their community’s feedback.
On Trustpilot, Goat Funded Trader has a large variety of their community commenting and providing positive feedback regarding their company services. The firm has achieved an impressive rating of 4.1 out of 5 from a substantial pool of 1,645 reviews. Notably, 67% of these reviews have awarded Goat Funded Trader the highest rating of 5 stars.
The client has been trading with Goat Funded Trader since its launch, having won a giveaway. They report a positive experience, highlighting the platform’s seamless and automated nature. Praise is given to the smooth and prompt payout process. The client expresses a commitment to Goat Funded Trader as one of their top choices for trading with larger capital in the future, indicating a high level of satisfaction and trust in the prop firm.
The client praises Goat Funded Trader, labeling it as one of the best options available. They highlight several positive aspects, including low commission, tight spreads, on-demand payouts, reliable customer support, and a low challenge price. The overall sentiment is that Goat Funded Trader provides comprehensive coverage for traders, indicating a positive and favorable experience with the platform.
Social Media Statistics
Goat Funded Trader can also be found on numerous social media platforms.
Customer Support
| Live Chat | ✅ |
| [email protected] | |
| Discord | Discord Link |
| FAQ | FAQ Link |
| Supported Languages | English, Spanish |
Account Opening Process
- Registration Form – Register with Goat Funded Trader by filling out the registration form with your personal details and logging into the trading dashboard.
- Choose Your Account – Choose your swap preference, account type, trading platform, account size, and add-on features.
- Apply Discount Code – Apply our discount code FOREXPROPREVIEWS and enjoy a 12% discount on all Goat Funded Trader account types.
- Choose Your Payment Method – Choose between a credit/debit card, CentroBill, and cryptocurrency payment methods.
Conclusion
In conclusion, Goat Funded Trader is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose between four funding programs: the Goat, No Time Limit, and Swing Challenge, which are a two-step evaluation, and Instant Funding, which is a direct funding program.
Goat Funded Trader’s Goat Challenge is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 80% up to 95% profit splits. Traders must reach profit targets of 8% in phase one and 6% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 4% maximum daily and 10% maximum loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during both evaluation phases, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the Goat Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance.
Goat Funded Trader’s No Time Limit Challenge is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 80% up to 95% profit splits. Traders must reach profit targets of 10% in phase one and 5% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 10% maximum loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during both evaluation phases, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the No Time Limit Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance.
Goat Funded Trader’s Swing Challenge is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 80% up to 95% profit splits. Traders must reach profit targets of 10% in phase one and 6% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 4% maximum daily and 12% maximum loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during both evaluation phases, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that Swing Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance.
On the other hand, Goat Funded Trader’s Instant Funding is a direct funding program that allows traders to skip the evaluation altogether and start earning 65% up to 95% profit splits from the start. Traders have no profit target requirements, with a 4% maximum daily and 8% maximum trailing loss rules, which are realistic trading objectives. Regarding time limitations, you have no minimum or maximum trading day requirements, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that Instant Funding features a scaling plan, providing you with the opportunity to increase your initial account balance.
I would recommend Goat Funded Trader to individuals seeking a reputable proprietary trading firm that provides exceptional trading conditions catering to a diverse range of individuals with unique trading styles. They provide traders with favorable features, such as an unlimited trading period, no minimum trading day requirements, a scaling plan for daily and maximum drawdown, first payout on-demand, and multiple add-on features. After considering everything Goat Funded Trader has to offer to traders all across the globe, they are indeed a desirable choice within the prop trading industry.
Our detailed review of Goat Funded Trader was last updated on 28.10.2024 at 08:05 (CE(S)T).
What are your individual opinions on Goat Funded Trader and the services they offer? Do they align with the trading conditions and services you’ve been seeking?
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Goat Funded Trader (12% discount code: FOREXPROPREVIEWS) Details
