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Goat Funded Trader

541
CEOEdoardo Dalla Torre
Country
Hong Kong
Trust Pilot4.4
Date CreatedJun 2023
Years in Operation2.4
4.4
3697 Total reviews
5
476
4
179
3
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14
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NEW OFFER
50% OFF ALL ACCOUNTS OFF
Firm logo
Goat Funded Trader
4.43697+
50% off Goat Funded Trader challenges on all account sizes.
Promo CodeROOM

Firm Overview

Broker
Liquidity Provider
Payment Methods
Apple PayAstropayCredit/Debit CardCryptoGoogle PayIMPSKorapayPayPal
Platforms
cTraderMatch TraderMetaTrader 5 (MT5)TradeLockerVolumetrica FX
Payout Methods
CryptoRiseworksSkrill

Instruments and Assets

Instrument Type
CFD
Available Assets
FXCryptoEnergyIndicesMetalsStocksOther Commodities

Leverage

AssetsInstant1-Step2-Steps3-Steps
FX
1:50
1:100
1:100
1:100
Metals
1:10
1:20
1:20
1:20
Indices
1:10
1:20
1:20
1:20
Energy
1:10
1:20
1:20
1:20
Crypto
1:2
1:2
1:2
1:2

Commissions

FX
$5 per lot
Metals
$5 per lot
Indices
No commission
Crypto
No commission
Other Commodities
No Commissions

Consistency Rules

  • Instant GOAT Program: You can only request a payout if no single trading day accounts for 15% or more of your total profits during the payout period; otherwise, you must continue trading until this condition is met.
  • Instant PRO Program: You can only request a payout if no single trading day accounts for 20% or more of your total profits during the payout period; otherwise, you must continue trading until this condition is met.

Firm Rules

  • Goat Funded Trader (GFT) is a forex prop trading firm that provides traders with access to capital through multiple funding models. Each model is designed with strict risk management rules, drawdown limits, and consistency requirements to ensure disciplined trading.
  • 🔹 1. Challenge Account (Evaluation Phase)
  • This is the standard entry model:
  • Profit target: 8% (Phase 1)
  • Verification target: 5% (Phase 2)
  • Max daily loss: 4%–5% depending on account type
  • Max total drawdown: 8%–10% static or balance-based
  • No strict time limit (trade until target is reached)
  • Minimum trading days may apply depending on model
  • Traders must avoid breaching daily or total loss limits at all times.
  • 🔹 2. Pay Later Model (Fast Track)
  • This is a simplified funding path:
  • Single evaluation phase: 4% profit target
  • Max loss: 8% trailing
  • Funded phase drawdown: 6% trailing
  • Minimum payout trading days: 3 days required
  • Low entry cost structure
  • Designed for quick onboarding into funded accounts
  • 🔹 3. Instant Funding Account
  • Immediate access to funded capital:
  • No evaluation required
  • Daily drawdown: 3% trailing
  • Max loss: 6% trailing
  • Consistency rule applies (15%–20% depending on model)
  • Profit target for first payout: 5%
  • 🔹 4. Funded Live Account Rules
  • Once funded:
  • Traders receive a live simulated funded account
  • Profit split: 80% (up to 100% with add-ons)
  • Bi-weekly payouts (every 14 days)
  • Daily profit cap may apply (varies by account)
  • Scaling available for high-performing traders
  • Risk rules (drawdown limits) still fully active
  • 🔹 5. General Trading Rules
  • No violating daily or max drawdown limits
  • EA trading allowed with restrictions
  • News trading allowed depending on account type
  • Copy trading allowed in funded stage (restricted during evaluation in some cases)
  • Consistency rules apply to prevent over-risk trading

Payout Policy

  • Goat Funded Trader offers a structured and performance-based payout system designed to reward consistent traders while maintaining capital protection rules. Once a trader becomes funded, they can start withdrawing profits based on account eligibility conditions.
  • Payouts are typically processed on a bi-weekly schedule (every 14 days), allowing traders to maintain a steady income cycle. Some models also offer faster payout options through add-ons, including on-demand withdrawals after meeting specific conditions.
  • The standard profit split for funded traders is 80%, but this can increase up to 100% depending on promotions or add-ons selected during account purchase .
  • Before any payout is approved, the firm conducts a strict compliance review to ensure:
  • No breach of daily drawdown rules
  • No violation of maximum loss limits
  • Consistency rule is followed (typically 15%–20%)
  • Minimum trading days are completed (varies by account type)
  • For example, Instant Funding accounts may require at least 3–5 valid trading days before withdrawal eligibility .
  • In funded accounts, traders may also face a daily profit cap, meaning excessive intraday gains can be adjusted or limited, although this does not result in account termination. Additionally, early payout cycles may include withdrawal caps that increase after successful payouts.
  • A key feature of Goat Funded Trader is its scaling system, where consistent traders can increase account size and profit potential over time. This encourages long-term performance rather than short-term risk-taking.
  • Overall, the payout system is designed for disciplined traders who can follow strict rules while maintaining steady profitability. Traders who manage risk properly can build recurring income through consistent withdrawals and scaling upgrades.

Restricted Countries

Restricted Countries
BangladeshBulgariaChileCubaHong KongIranJapanJordanLebanonLibyaMalaysiaMyanmar (Burma)North KoreaRussiaSenegalSingaporeSomaliaSouth KoreaSri LankaSudanSyriaThailandTogoVietnam