Goat Funded Trader, where we empower traders to showcase their talents and earn substantial funds through our unique evaluation process. Founded in 2023, Goat Funded Trader offers an innovative platform designed to identify and cultivate trading talent.
With opportunities to manage demo accounts with significant funds, our program emphasizes risk management and transaction consistency. Whether you're a seasoned trader or just starting, Goat Funded Trader provides the tools, support, and flexibility you need to succeed in the dynamic world of Forex trading.
What is Goat Funded Trader?
| Key Feature | Details |
|---|---|
| Co-Founders | Edoardo Dalla |
| Platform | MT4/5, MatchTrader |
| Payout Split | Upto 95% |
| First Payout | 3 Days |
| Subsequent Payouts | On-deman |
| Minimum Daily Drawdown | 8% |
| Headquarters | Spain |
| Expert Advisors | Allowed |
| Max Funding | $400,000 |
| Funding Programs | Goat Challenge, No Time Limit Challenge, Classic Challenge, and One-step Challenge |
| Leverage | Upto 1:100 |
| Weekend Holding | Allowed |
| Contact | support@goatfundedtrader.com |
| Trustpilot Rating | 4.2/5.0 |
Goat Funded Trader is a proprietary trading firm that offers traders the opportunity to access up to $800,000 in simulated trading capital after completing an evaluation process.
The firm is operated by Wishes Tower International Limited, based in Hong Kong, and Wishes Tower International SL, located in Las Palmas, Spain.
Goat Funded Trader provides a range of funding programs, these programs have varying profit targets, drawdown limits, and trading periods.Traders who successfully complete the evaluation process can receive a funded simulated account that offers a wide selection of tradable instruments, including forex pairs, metals, indices, stocks, and cryptocurrencies.
Goat Funded Trader Program Options
Let's dive into the details of their four main funding options: the Goat Challenge, No Time Limit Challenge, Classic Challenge, and One-Step Challenge.
1. Goat Challenge
The Goat Challenge is a unique two-step evaluation program that tests your trading skills and risk management abilities. Take a look at the details:
- In Phase 1, you must achieve an 8% profit target while adhering to a 4% maximum daily drawdown and a 10% maximum overall drawdown. There are no time constraints, so you can progress at your own pace.
- Upon passing Phase 1, you move on to Phase 2, where the profit target is set at 6%. The maximum daily drawdown remains at 4%, and the maximum overall drawdown stays at 10%. Again, there are no time limits.
- Once you successfully complete both phases, you'll be eligible for a funded account with a profit split of up to 95%.
| Account Size | Price | Price (Swap-Free) |
|---|---|---|
| $8,000 | $54 | $62 |
| $15,000 | $94 | $108 |
| $25,000 | $144 | $166 |
| $50,000 | $238 | $274 |
| $100,000 | $398 | $458 |
| $150,000 | $598 | $688 |
2. No Time Limit Challenge
The No Time Limit Challenge is another two-step evaluation program that provides flexibility and room for growth. Here are the key points:
- In Phase 1, your goal is to reach an 8% profit target without exceeding a 5% maximum daily drawdown or an 8% maximum overall drawdown. There are no time restrictions, allowing you to trade at your preferred pace.
- After completing Phase 1, you advance to Phase 2, where the profit target is set at 5%. The maximum daily drawdown and overall drawdown limits remain the same as in Phase 1.
- Successfully passing both phases grants you access to a funded account with a profit split of up to 95%.
| Account Size | Price | Price (Swap-Free) |
|---|---|---|
| $5,000 | $50 | $58 |
| $8,000 | $85 | $95 |
| $15,000 | $150 | $195 |
| $25,000 | $200 | $230 |
| $50,000 | $295 | $339 |
| $100,000 | $515 | $592 |
| $200,000 | $930 | $1,069 |
| $400,000 | $1,990 | $2,288 |
3. Classic Challenge
The Classic Challenge is a two-step evaluation program with more traditional parameters. Here's what you should know:
- Phase 1 requires you to achieve a 6% profit target within 30 calendar days while adhering to a 3% maximum daily drawdown and an 8% maximum overall drawdown.
- If you pass Phase 1, you proceed to Phase 2, where you must hit a 6% profit target within 60 calendar days. The maximum daily drawdown and overall drawdown rules remain the same as in Phase 1.
- Completing both phases successfully qualifies you for a funded account with a profit split of up to 95%.
| Account Size | Price | Price (Swap-Free) |
|---|---|---|
| $5,000 | $45 | $52 |
| $8,000 | $80 | $90 |
| $15,000 | $145 | $167 |
| $25,000 | $185 | $212 |
| $50,000 | $295 | $339 |
| $100,000 | $515 | $592 |
| $200,000 | $985 | $1,132 |
| $400,000 | $1,959 | $2,253 |
4. One-Step Challenge
- For traders who prefer a more streamlined approach, the One-Step Challenge might be the perfect fit. Here's what it entails:
- In this challenge, you have a single phase to prove your trading prowess. The profit target is set at 10%, with no time limit to achieve it.
- You must maintain a maximum daily drawdown of 4% and a maximum overall drawdown of 6% throughout the challenge.
- Upon successfully completing the One-Step Challenge, you'll receive a funded account with a profit split of up to 95%.
| Account Size | Price | Price (Swap-Free) |
|---|---|---|
| $15,000 | $170 | $195 |
| $25,000 | $230 | $265 |
| $50,000 | $339 | $390 |
| $100,000 | $590 | $675 |
| $200,000 | $1,050 | $1,200 |
Goat Competitive Payouts and Scaling Opportunities
One of the most enticing aspects of Goat Funded Trader is its generous payout structure. Traders who successfully complete the evaluation process and receive a funded account can enjoy profit splits of up to 95%, among the highest in the industry.
But the rewards don't stop there. Goat Funded Trader offers an impressive scaling plan, allowing successful traders to progressively increase their account size and earning potential. Traders can start with account sizes ranging from $5,000 to $400,000 and, through consistent profitability, work their way up to a staggering $2 million in trading capital.
What sets Goat Funded Trader apart is its commitment to swift payouts. Traders have the option to request their first payout on demand, as early as 3 trading days after executing their first trade on the live simulated account, provided they have achieved a minimum of 3% profit. This quick access to funds is a game-changer for traders who value liquidity and the ability to reinvest their profits promptly.
Moreover, Goat Funded Trader recently introduced an add-on feature called “Payouts in 7 Days,” streamlining the withdrawal process even further. By opting for this add-on during the checkout process, traders can receive their payouts within an unprecedented 7-day timeframe, setting a new standard in the prop trading industry.
Goat Diverse Trading Platforms and Instruments
Goat Funded Trader understands that traders have different preferences when it comes to trading platforms and instruments. To cater to this diversity, the firm offers a range of options to suit various trading styles and strategies.
Traders can choose from popular platforms like MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the proprietary Match Trader platform.
In addition to the platform choices, Goat Funded Trader provides access to a wide array of tradable instruments. Traders can explore opportunities in forex pairs, metals, indices, stocks, and even cryptocurrencies.
Unparalleled Trader Support and Education
Beyond its attractive evaluation process, payouts, and trading platforms, Goat Funded Trader distinguishes itself through its dedication to trader support and education.
Goat Funded Trader offers a comprehensive library of educational materials, including video tutorials, webinars, and trading guides. By investing in their traders' education, Goat Funded Trader empowers them to make informed decisions and continuously improve their trading abilities.
The firm also fosters a vibrant trading community through its active presence on social media platforms like Twitter and Discord. These channels serve as hubs for traders to connect, share insights, and learn from one another.
FAQs Related to Goat Funded Trader
Are there any time limits for Completing The Funding Challenges?
The Goat and No Time Limit Challenges have no time constraints. The Classic Challenge allows 30 days for Phase 1 and 60 days for Phase 2. The One-Step Challenge has no time limit.
What are The Maximum Drawdown Limits for each Funding Program?
The maximum overall drawdown is 10% for the Goat Challenge, 8% for the No Time Limit and Classic Challenges, and 6% for the One-Step Challenge. Daily drawdown limits range from 3-5%.
What Leverage is Provided for Funded Accounts?
Leverage is up to 1:50 for the Goat Challenge, up to 1:100 for the No Time Limit and Classic Challenges, and 1:30 for the One-Step Challenge.
What Instruments can Traders access with Goat Funded Trader?
Traders can access forex pairs, metals, indices, stocks, and cryptocurrencies.
Is Hedging allowed with Goat Funded Trader?
No, hedging positions within the same account, between accounts owned by the same trader, or between accounts owned by different traders is strictly prohibited.
What happens if A Trader Violates The Prohibited Trading Practices?
If Goat Funded Trader detects any prohibited trading practices, the trader's participation in the program will be terminated, and they may forfeit any fees paid to the company.
The Bottom Line
Goat Funded Trader provides valuable insights and resources for forex traders, covering essential topics such as demo trading, scalping, swing trading, risk-to-reward ratio, and leverage.
By emphasizing the importance of practice, risk management, and understanding market dynamics, Goat Funded Trader equips traders with the knowledge and skills needed to navigate the complex world of forex trading.
Whether you are a beginner or an experienced trader, the articles on this platform offer practical advice and strategies to help you make informed decisions and potentially improve your trading performance.
