Goat Funded Trader Review

Goat Funded Trader – G.O.A.T Funded Trader! The Greatest Of All Times! 💪 has a profit split of up to 95%! 

This relatively new prop firm, established in May 2023, has already made waves by providing a supportive environment where skills are sharpened and success stories forged.

In this extensive review, we’ll explore what sets Goat Funded Trader apart, from its seamless trading platform to the clarity of its funding process. 

And no review would be complete without spotlighting actual trader experiences! So we’ll highlight user feedback to showcase Goat Funded Trader from those who matter most – the traders themselves.

🤑 Goat Funded Trader Review 🤑

Goat Funded Trader

Albeit, it doesn’t have any introduction! But, for the sake of this article, let’s talk a little bit about the Goat Funded Trader!

Goat Funded Trader is a proprietary trading firm founded in 2023 that provides funding opportunities to forex traders across the globe. Headquartered in the Canary Islands, Spain, Goat Funded Trader aims to offer traders a transparent path towards securing funding for trading using the firm’s capital backing.

While Goat Funded Trader does offer evaluation challenges that traders must pass to gain funding, the core of the company is providing the infrastructure, capital, and support to enable traders to focus on trading. Goat Funded Trader handles all the background operations like settlements, account management, risk checks, and compliance.

An important pillar of Goat Funded Trader’s service is providing exceptional support and guidance. All funded traders have access to 24/7 multilingual customer service, risk management consultants, and senior trading mentors. Whether resolving a technical issue or discussing a new strategy, support is available around the clock.

By handling the backend tasks and providing the tools, capital, and support infrastructure for traders to focus on trading, Goat Funded Trader establishes itself as a full-service funding partner.

Key InformationDetails
CEOEdoardo Dalla Torre
Key featuresNo Time Limit Challenges, Realistic Profit Targets, Account Sizes, Support for strategies
BrokerThinkMarket, Purple Trading Seychelles
Trading PlatformMetaTrader4 and MetaTrader5
Payout Split95%
First Payout30 days
Subsequent Payouts14 days
Daily Drawdown5%
HeadquartersSpain
Expert AdvisorsAllowed
Max Funding$200,000
Funding ProgramsGoat Challenge, No Time Limit Challenge, Classic Challenge, and One-step Challenge
Leverage1:100
Weekend HoldingAllowed
ContactAvailable through Discord, mail, and live chat

Goat Funded Trader Key Features

Some of the key Features of Goat Funded Trader:

  • No Time Limit Challenges: Goat Funded Trader offers evaluation programs with no set timeframes, giving traders unlimited days to meet profit targets. This provides more flexibility compared to prop firms that have fixed-duration challenges.
  • Realistic Profit Targets: With profit targets of 8-10%, Goat Funded Trader sets reasonable goals for traders to achieve funding. This contrasts with firms that have very high targets.
  • Account Sizes: Goat Funded Trader provides account sizes up to $200,000. This caters to traders looking to access more capital compared to prop firms with lower maximum account sizes.
  • Support for Strategies: Goat Funded Trader allows things like news trading, EAs, and hedging. This gives traders more flexibility around the strategies they can implement to meet evaluation requirements.

Goat-Funded Trader Pros and Cons

Pros

  • Realistic profit targets
  • High-profit split potential
  • Four Funding Programs 
  • Account sizes up to $200k

Cons

  • Relatively new company

How to Sign Up for Goat-Funded Trader? Step-by-Step Guide

Follow these steps to sign up for GFT or Goat Funded Trader!

  • Step 1: Go to the Goat Funded Trader website (https://goatfundedtrader.com) and click on “Get Funded” at the top right. This will take you to their funding program options.
  • Step 2: Browse the available account sizes and choose one that aligns with your experience level and trading strategy. (More about it in the upcoming sections!)
  • Step 3: Choose if you want a regular or swap-free account. Swap-free accounts have higher fees but don’t charge overnight interest.
  • Step 4: Add the account to your cart and proceed to checkout. You will need to create an account if you don’t already have one. Pay the evaluation fee to purchase access to the challenge. 
  • Step 5: Download the required trading platforms and log in with your credentials. You can trade using MT4 or MT5.
  • Step 6: Pass the evaluation by meeting the profit targets within the risk rules. For the no-time limit challenges, you need 8% then 5%. For a classic, it’s 7% and 5%.
  • Step 7: Once you pass, submit your KYC documents to verify your identity. Then sign the account agreement.
  • Step 8: Your account will be enabled for live trading within 24 hours. Start trading the firm’s capital while receiving a profit split.

Goat-Funded Trader Funding Programs

Goat Funded Trader provides its traders with four funding program options: Goat Challenge, No Time Limit Challenge, Classic Challenge, and One-step Challenge.

1. Goat Challenge

Goat Challenge

The Goat Challenge is a two-phase evaluation program tailored to experienced traders. Phase 1 requires an 8% profit target within 30 days. Phase 2 requires a 6% profit target within 60 days. Maximum drawdowns are 4% daily and 10% overall.

Account SizePricePrice (Swap-free)
$8,000$54$62
$15,000$94$108
$25,000$144$166
$50,000$238$274
$100,000$398$458

Goat Challenge Scaling Plan

Guess what? The Goat Challenge has a scaling plan! You will receive an account increase, profit split increase, monthly salary, and daily and maximum drawdown increases based on the number of payouts you successfully qualify for while funded!

For Example:

You will qualify for a 20% increase based on the initial account balance! What is the condition for it? You will be qualified for it after a minimum period of 3 months and 5 successful payouts. 

You will qualify for a 35% increase based on the initial account balance! What is the condition for it? You will be qualified for it after a minimum period of 6 months and 8 successful payouts. Not just that! Your profit split is 85% and can be requested on a weekly basis.

You will qualify for a 50% increase based on the initial account balance! What is the condition for it? You will be qualified for it after a minimum period of 8 months and 12 successful payouts. Not just that! Your profit split is 90% and can be requested on a weekly basis. Did you think this was it? You will even receive a $200 monthly salary!

You will become a Goat Trader🤩 after a minimum period of 10 months and 15 successful payouts, and qualify for on-demand payouts. Your profit split increases to 95% and can be requested on a daily on-demand basis. You will also receive a discounted challenge fee if you fail your current one. 

2. No Time Limit Challenge

No Time Limit Challenge

The No Time Limit Challenge is a two-phase evaluation with unlimited days. Phase 1 requires an 8% profit target. Phase 2 requires a 5% profit target. There are maximum drawdown rules of 4% daily and 10% overall that must be respected. This provides flexibility for traders.

Account SizePricePrice (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

No Time Limit Challenge Scaling Plan

You’re right! No Time Limit Challenge also has a scaling plan!

For example:

You will qualify for a 20% increase based on the initial account balance! What is the condition for it? You will be qualified for it after a minimum period of 3 months and 5 successful payouts. 

You will qualify for a 35% increase based on the initial account balance! What is the condition for it? You will be qualified for it after a minimum period of 6 months and 8 successful payouts. Not just that! Your profit split is 90% and can be requested on a weekly basis.

You will qualify for a 45% increase based on the initial account balance! What is the condition for it? You will be qualified for it after a minimum period of 7 months and 12 successful payouts. Not just that! Your profit split is 92% and can be requested on a weekly basis. Did you think this was it? You will even receive a $300 monthly salary (if you are managing account sizes from $5k to $50k)! And a $500 monthly salary (if you are managing account sizes from $100k to $200k)

You will become a Goat Trader🤩 after a minimum period of 8 months and 16 successful payouts, and qualify for on-demand payouts. Your profit split increases to 95% and can be requested on a daily on-demand basis. You will also receive a discounted challenge fee if you fail your current one. You will even receive a $300 monthly salary (if you are managing account sizes from $5k to $50k)! And a $500 monthly salary (if you are managing account sizes from $100k to $200k)

3. Classic Challenge

Classic Challenge

The Classic Challenge is a two-phase evaluation program with set timeframes to meet profit targets. Phase 1 requires a 7% profit target within 30 days. Phase 2 requires a 5% profit target within 60 days. It has the same maximum drawdown rules as the No Time Limit Challenge, i.e., There are maximum drawdown rules of 4% daily and 10% overall that must be respected.

Account SizePricePrice (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

Classic Challenge Scaling Plan 

Ready to know about Classic Challenge’s Scaling Plan?! Let’s go!

For example:

You will qualify for a 20% increase based on the initial account balance! What is the condition for it? You will be qualified for it after a minimum period of 3 months and 5 successful payouts. 

You will qualify for a 35% increase based on the initial account balance! What is the condition for it? You will be qualified for it after a minimum period of 6 months and 8 successful payouts. Not just that! Your profit split is 90% and can be requested weekly.

You will qualify for a 45% increase based on the initial account balance! What is the condition for it? You will be qualified for it after a minimum period of 7 months and 12 successful payouts. Not just that! Your profit split is 92% and can be requested every week. Did you think this was it? You will even receive a $300 monthly salary (if you are managing account sizes from $5k to $50k)! And a $500 monthly salary (if you are managing account sizes from $100k to $200k)

You will become a Goat Trader🤩 after a minimum period of 8 months and 16 successful payouts, and qualify for on-demand payouts. Your profit split increases to 95% and can be requested on a daily on-demand basis. You will also receive a discounted challenge fee if you fail your current one. You will even receive a $300 monthly salary (if you are managing account sizes from $5k to $50k)! And a $500 monthly salary (if you are managing account sizes from $100k to $200k)

4. One Step Challenge

One Step Challenge

The One Step Challenge is a single-phase evaluation with unlimited days and a 10% profit target. It allows a maximum of 6% overall drawdown and 4% daily drawdown. Traders only need to pass this one phase to receive funding.

Account SizePricePrice (Swap-free)
$15,000$170$195
$25,000$230$265
$50,000$339$390
$100,000$590$675
$200,000$1,050$1,200
$15,000$170$195
$25,000$230$265

One-Step Challenge Scaling Plan 

One Step Challenge also has a scaling plan!

For example:

You will qualify for a 20% increase based on the initial account balance! What is the condition for it? You will be qualified for it after a minimum period of 3 months and 5 successful payouts. 

You will qualify for a 35% increase based on the initial account balance! What is the condition for it? You will be qualified for it after a minimum period of 6 months and 8 successful payouts. Not just that! Your profit split is 90% and can be requested on a weekly basis.

You will qualify for a 45% increase based on the initial account balance! What is the condition for it? You will be qualified for it after a minimum period of 7 months and 12 successful payouts. Not just that! Your profit split is 92% and can be requested on a weekly basis. Did you think this was it? You will even receive a $300 monthly salary (if you are managing account sizes from $5k to $50k)! And a $500 monthly salary (if you are managing account sizes from $100k to $200k)

You will become a Goat Trader🤩 after a minimum period of 8 months and 16 successful payouts, and qualify for on-demand payouts. Your profit split increases to 95% and can be requested on a daily on-demand basis. You will also receive a discounted challenge fee if you fail your current one. You will even receive a $300 monthly salary (if you are managing account sizes from $5k to $50k)! And a $500 monthly salary (if you are managing account sizes from $100k to $200k)

Goat-Funded Trader Payout

Get up to 95% profit splits! 😲

Goat-Funded Trader Payout

Goat Funded Trader offers a lucrative and achievable payout structure to incentivize and reward traders as they meet set profit targets while managing risk. The payout system is designed to be transparent and align incentives between trader performance and earnings.

After passing an evaluation program, successful traders gain access to a funded live account where they can trade assets of up to $200,000! Funded traders then receive a profit split payout on any gains made in the account. The initial payout offered is 75%, providing strong earning potential right away.

The profit share ultimately reaches a maximum rate of 95% for seasoned traders at Goat Funded Trader! Not only that, but the payment frequency also shifts from monthly to weekly payouts, creating opportunities for impressive compounding of returns! Traders at the highest tier can withdraw profits on demand.

With its scaled profit share that rewards consistency, weekly payment frequency, and on-demand withdrawals available for top traders, Goat Funded Trader offers an exciting payout structure not matched by many other prop firms. It enables motivated traders to unlock meaningful earning potential.

Does Goat-Funded Trader Partner with a Legit Broker?

Goat Funded Trader partners with ThinkMarkets for Brokerage purposes, which of course is a legit Broker. Let’s dissect it!

As a key pillar of operations, ThinkMarkets is regulated by major financial authorities worldwide. This includes the UK’s Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and South Africa’s Financial Sector Conduct Authority (FSCA). Being regulated by these stringent bodies offers clients peace of mind regarding the security of funds and the credibility of the organization.

For trading instruments, ThinkMarkets grants access to over 4,000 CFD products including popular assets like forex, commodities, indices, shares, and cryptocurrencies. This diversity caters to investors with various interests and strategies. For platforms, ThinkMarkets allows clients to trade via web, desktop (MT4 and MT5), as well as mobile applications for convenience.

As an established broker with 12 years of operations, ThinkMarkets is equipped with excellent infrastructure that enables fast trade execution speeds to support active trading. They have also grown a substantial client base with over 450,000 account holders across the globe, demonstrating their reach and scale. ThinkMarkets maintains local offices worldwide to support these clients.

As ThinkMarkets eyes further expansion, they have announced forthcoming plans to launch an initial public offering (IPO) on the Australian Stock Exchange. This demonstrates their ambition to entrench themselves as a prominent publicly traded brokerage.

Why Should You Choose Goat-Funded Trader over Other Prop Firms?

A legit question that may arise in your mind – Why should I choose Goat Funded Trader over other Prop Firms?! I’ve listed down a series of reasons why you should go for the G.O.A.T!

  1. No Time Limit Challenges: 

Goat Funded Trader offers evaluation programs with unlimited days to meet profit targets, providing more flexibility compared to strict durations at some other firms. Isn’t that great?! Complete the challenges at your own pace!

  1. High Profit Splits: 

Goat Funded Trader provides up to 95% profit splits, which is higher than many competitors and allows traders to maximize earnings. 95% Profit Splits?! That’s one of the highest in the world of prop firms! Tell me why wouldn’t someone go for it?!

  1. Realistic Profit Targets

With Phase 1 targets around 7-8%, Goat Funded Trader sets reasonable goals for traders to achieve funding status. At least, they are building castles in the sky! G.O.A.T for a reason!

  1. Account Sizes: 

Goat Funded Trader offers account sizes up to $200,000, catering to traders looking to access more trading capital. Great number!

  1. Customer Service: 

Goat Funded Trader promises exceptional 24/7 multilingual support and an active community. Great job at multilingual support! Everybody’s first language isn’t English!

FeaturesGoat Funded TraderFunderProMyFundedFXE8 Funding
Trustpilot Rating4.5/54.4/54.6/54.8/5
Account Size$200,000$200,000$300,000$100,000
Profit SplitUpto 95%Upto 90%Upto 92.75%Upto 80%
Trading InstrumentForex, Commodities, Indices, Metals, and CryptocurrenciesForex, Commodities, Indices, and CryptocurrenciesForex, Commodities, Indices, and CryptocurrenciesForex, commodities, indices, and equities
Platforms and ToolsMetaTrader4 and MetaTrader5TradeLockerMetaTrader4, MetaTrader5MetaTrader 5

Goat Funded Trader Ratings and Reviews on Trustpilot

A whopping 4.5 out of 5! Impressive isn’t it? Let’s find out what the reviewers have to say about the G.O.A.T 🐐 – Goat Funded Trader!

Goat Funded Trader Ratings and Reviews 1

Review 1:

This client says it’s a great experience with GFT! Talks about the spectacular payout and trading environment!

R3DGsOzOdIAPugKU8AMK8GNSP1TF1KbY7iXIXajM SLk9xmtI73RuQrx 6g2tyfiYZf6ug6yNBTx8gz4kwfOLT62V4S8OpD7ktpW EQAsnN3FUQY74RD KzC6B45nImtRIDjXYmtLMZK7lQvkMwF0g

Review 2: 

It seems that this user had problems with the payment procedures! And GFT being G.O.A.T, they resolved within no time!

Goat Funded Trader Ratings and Reviews 2

Review 3:

Femi is all hearts for the Goat-Funded Trader!

Goat Funded Trader Ratings and Reviews 4

FAQs on Goat Funded Trader Review

What is the maximum drawdown allowed?

Goat Funded Trader allows a 10% maximum drawdown across most challenges.

How often are profit payouts?

Payouts are monthly initially, becoming weekly after meeting certain profitability milestones.

What is the minimum number of trades per month?

There is a requirement of at least 1 trade per month.

Can I use a VPN or trade using a VPS?

No, Goat Funded Trader prohibits connecting via VPNs and using VPS for trading.

Are there any geographical restrictions on traders?

Yes, Goat Funded Trader currently does not accept traders from certain countries like Iran, North Korea, etc.

What is the maximum leverage offered?

Goat Funded Trader offers up to 1:100 leverage on certain assets.

How long has Goat Funded Trader been operating?

Goat Funded Trader is a relatively new prop firm, having been founded in 2023.

🔗 Wrapping Up

Goat Funded Trader logo

Goat Funded Trader empowers traders by providing a transparent, realistic path to securing the backing needed to unlock their potential.

Through their flexible evaluation programs with achievable targets, Goat Funded Trader sets traders up to thrive, not just survive! Unlimited days relieve time pressures, while high-profit splits incentivize consistency.

For those ready to climb to new heights, Goat Funded Trader has the capital, infrastructure, and support to elevate skilled traders up to $200,000 in account size. There, seasoned veterans can earn up to 95% of profits at the peak.

For traders striving to separate themselves from the flock and maximize their earning capabilities, Goat Funded Trader provides fertile pastures. Through their dynamic challenges and incentives, the most agile traders can flourish by unlocking the backing to actualize their potential.

So if you have the drive of a champion, open your eyes to Goat Funded Trader – and prepare to leap ahead.

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