In this comprehensive Goat Funded Trader review, I’ll dive into the offerings of this rapidly growing proprietary trading firm based in Spain.

Since its inception in May 2023, Goat Funded Trader has introduced various funding programs aimed at identifying and nurturing talented traders worldwide.

Let’s explore the details of these programs, trading objectives, regulations, and the unique features that set Goat Funded Trader apart in the industry.

Goat Funded Trader Review Rules Competition

Funding Programs Overview

Goat Funded Trader provides four distinct funding programs, each tailored to different trading styles and experience levels:

  1. Goat Challenge
  2. No Time Limit Challenge
  3. Classic Challenge
  4. One-Step Challenge

Each of these programs offers varying account sizes and evaluation criteria, allowing traders to choose the best fit based on their trading skills and risk management abilities.

1. Goat Challenge

The Goat Challenge offered by Goat Funded Trader is tailored for traders seeking to manage account sizes ranging from $8,000 to $100,000.

This program features a comprehensive two-step evaluation process designed to pinpoint skilled traders who demonstrate profitability while maintaining a disciplined approach to risk management.

In the Goat Challenge, traders have access to leverage of up to 1:50, enabling them to amplify their trading positions within the specified account size range.

The program sets specific profit targets for each phase of the evaluation:

  • Phase 1 requires traders to achieve an 8% profit target.
  • Phase 2 challenges traders to sustain a 6% profit target.

To ensure prudent risk management, the Goat Challenge imposes strict loss limits:

  • Daily loss limit: 4%
  • Overall loss limit: 10%

These loss limits serve to safeguard against excessive drawdowns and encourage traders to execute disciplined trading strategies.

Importantly, the Goat Challenge imposes no minimum or maximum trading day requirements, offering flexibility in how traders approach their evaluation journey.

Traders participating in the Goat Challenge must navigate through both evaluation phases successfully by meeting the profit targets and adhering to the prescribed loss limits.

This process allows Goat Funded Trader to identify traders who exhibit consistent profitability and responsible risk management practices, thus qualifying them for funded trading accounts within the specified account size parameters.

The Goat Challenge serves as a great opportunity for traders to showcase their skills and potentially secure funding for their trading endeavors.

Upon successful completion, traders receive a funded account with a 3% profit requirement for the first payout.

>> Click Here to Check Out the Goat Challenge >>

2. No Time Limit Challenge

In the No Time Limit Challenge offered by Goat Funded Trader, traders have the opportunity to manage account sizes ranging from $5,000 to $400,000 with 2 flexible evaluation periods.

This program places a strong emphasis on consistency in trading performance and effective risk management strategies.

Traders participating in the No Time Limit Challenge can leverage their positions up to 1:100, allowing for enhanced trading opportunities within the specified account size range.

The challenge sets specific profit targets for each evaluation phase:

  • Phase 1 requires traders to achieve an 8% profit target.
  • Phase 2 challenges traders to sustain a 5% profit target.

To ensure responsible trading practices, the No Time Limit Challenge imposes strict loss limits:

  • Daily loss limit: 5%
  • Overall loss limit: 8%

These loss limits serve to mitigate risk and encourage traders to maintain disciplined trading approaches throughout the evaluation process.

Importantly, the No Time Limit Challenge offers traders flexibility by imposing no specific trading day limitations, allowing traders to manage their evaluation journey according to their individual trading styles and preferences.

Traders who successfully meet the profit targets and adhere to the risk management rules in the No Time Limit Challenge qualify for funded trading accounts with profit splits ranging from 80% to 95%.

>> Click Here to Check Out the No Time Limit Challenge >>

3. Classic Challenge

The Classic Challenge, tailored by Goat Funded Trader, is designed for traders managing account sizes ranging from $5,000 to $400,000.

This program places a strong emphasis on consistency in trading performance and diligent risk management practices over two distinct evaluation phases.

Traders participating in the Classic Challenge have access to leverage up to 1:100. This enables them to optimize their trading strategies within the specified account size parameters.

The challenge sets specific profit targets for each evaluation phase:

  • Phase 1 requires traders to achieve a 7% profit target.
  • Phase 2 challenges traders to sustain a 5% profit target.

To ensure disciplined trading approaches, the Classic Challenge imposes strict loss limits:

  • Daily loss limit: 4%
  • Overall loss limit: 10%

Traders must achieve the profit targets within specified timeframes while adhering to the prescribed risk management rules.

Successful completion of both evaluation phases qualifies traders for funded trading accounts with profit splits ranging from 80% to 95%.

The Classic Challenge serves as a robust program for traders to demonstrate their consistency and diligence in trading.

>> Click Here to Check Out the Classic Challenge >>

4. One-Step Challenge

The One-Step Challenge offered by Goat Funded Trader is tailored for traders managing account sizes from $15,000 to $200,000. This program features a streamlined evaluation process with a focused objective.

Traders participating in the One-Step Challenge can leverage their positions up to 1:30, enabling strategic trading manoeuvres within the specified account size range.

The challenge sets a single profit target for evaluation:

  • Profit Target: 10%

To ensure prudent risk management, the One-Step Challenge imposes strict loss limits:

  • Daily loss limit: 4%
  • Overall loss limit: 6%

Traders must achieve the specified profit target without breaching the loss limits to qualify for a funded account.

Successful completion of the One-Step Challenge grants traders access to funded trading accounts with profit splits ranging from 80% to 95%.

>> Click Here to Check Out the One-Step Challenge >>

Scaling Plan and Additional Benefits

Goat Funded Trader offers a unique scaling plan based on traders’ performance, including account size increases, profit split adjustments, and salary increments.

Traders can qualify for increased benefits by achieving specific milestones and enhancing their trading experience and potential returns.

Scaling Plan Milestones

  • Minimum period of two months and four successful payouts: Qualify for a 15% increase in account balance and daily/overall drawdowns.
  • Minimum period of four months and six successful payouts: Qualify for a 30% increase in account balance, with enhanced profit splits and payout frequency.
  • Minimum period of six months and 15 successful payouts: Qualify for on-demand payouts, higher profit splits, and additional perks.

Withdrawal On Demand

With the “Withdrawal On Demand” feature on Goat Funded Trader, traders can quickly access their profits from their trading activities.

For the first payout, traders can request a profit withdrawal just 24 hours after making their first trade on the Live Simulated Account.

To qualify for this initial payout, traders must achieve a minimum of 3% profit on their Account Size Balance (mandatory just for the First Payout).

After meeting the profit threshold, traders have the flexibility to choose between two options for their profit split:

  • On-Demand Option: Traders can opt to receive an immediate 40% profit split.
  • Delayed Option: Alternatively, traders can choose to wait for 7, 14, or 30 days (depending on their selected Add-On at checkout) to become eligible for the full profit split of 80%.

This unique feature empowers traders by providing them with the ability to promptly access and manage their profits, allowing for greater flexibility and control over their trading outcomes.

>> Click Here to Create Your FREE Account on Goat Funded Trader >>

Trading Platform and Instrument Diversity

Goat Funded Trader is partnered with ThinkMarkets and Purple Trading, providing access to MetaTrader 4 and MetaTrader 5 platforms.

Traders can trade a diverse range of instruments, including forex pairs, commodities, indices, stocks, and cryptocurrencies.

Supported Trading Instruments:

  • Forex pairs
  • Commodities
  • Indices
  • Stocks
  • Cryptocurrencies

Educational Resources and Community Support

Goat Funded Trader places a strong emphasis on trader education and community support, offering a range of resources and tools to enhance traders’ skills and performance:

  • Educational Blog: The firm’s comprehensive blog serves as a valuable resource for traders, covering a wide array of topics including trading tips, general education on market dynamics, insights from industry experts, exciting contests, and illuminating interviews with successful traders. This wealth of information empowers traders with knowledge and strategies to navigate the markets effectively.
  • Lot Size Calculator: To assist traders in managing risk efficiently, Goat Funded Trader provides a sophisticated lot size calculator. This tool enables traders to calculate appropriate lot sizes based on their account size, risk tolerance and desired stop-loss levels, ensuring prudent risk management in every trade.
  • Trading Dashboard: Goat Funded Trader offers a powerful trading dashboard that provides detailed statistics and insights. Traders can analyze their trading performance, track key metrics such as win rate and drawdowns, identify strengths and weaknesses in their strategies, and make data-driven decisions to improve their trading outcomes. The trading dashboard serves as a valuable tool for continuous improvement and optimization of trading strategies.

>> Click Here to Create Your FREE Account on Goat Funded Trader >>

Community Feedback and Trustworthiness

The positive sentiment surrounding Goat Funded Trader is visible through client reviews and feedback on reputable platforms. Traders consistently express satisfaction with the firm’s services, highlighting several key aspects:

  • Smooth Payout Process: Traders appreciate the efficiency and reliability of Goat Funded Trader’s payout process. The firm’s prompt and hassle-free withdrawals contribute to a positive trading experience and foster trust among traders.
  • Low Commissions: Goat Funded Trader stands out for its competitive fee structure, offering traders cost-effective solutions for executing trades and managing their accounts. Low commissions enhance traders’ profitability and make trading with larger capital more attractive.
  • Reliable Customer Support: The firm’s commitment to customer service is evident through reliable and responsive support. Traders value prompt assistance, effective communication, and personalized attention when resolving inquiries or issues, further solidifying Goat Funded Trader’s reputation as a trustworthy trading platform.

Overall, the community feedback underscores Goat Funded Trader’s commitment to transparency, professionalism, and client satisfaction.

Traders consistently regard the firm as a preferred choice for accessing funding opportunities and navigating the financial markets with confidence and reliability.

>> Click Here to Create Your FREE Account on Goat Funded Trader >>

Reasons Why I Recommend Goat Funded Trader

Considering the comprehensive offerings and positive feedback surrounding Goat Funded Trader, here are compelling reasons why I recommend this proprietary trading firm:

  • Diverse Funding Programs: Goat Funded Trader provides a range of funding programs tailored to different trading styles and account sizes, accommodating both novice and experienced traders. Whether you prefer a structured evaluation process or a more flexible approach, there is a program suited to your needs.
  • Emphasis on Risk Management: The firm’s evaluation criteria prioritize consistent profitability and responsible risk management. With strict loss limits and profit targets, traders are encouraged to develop disciplined trading strategies, fostering long-term success in the markets.
  • Educational Resources: Goat Funded Trader offers an educational blog covering essential trading topics, contests, and interviews with industry experts. This wealth of educational content empowers traders with knowledge and insights to enhance their trading skills.
  • Innovative Tools: Traders benefit from innovative tools such as a lot size calculator and a comprehensive trading dashboard. These tools assist in risk management, performance analysis, and decision-making, enabling traders to optimize their trading strategies.
  • Community Support: The positive feedback from traders highlights Goat Funded Trader’s commitment to customer satisfaction. Traders appreciate the firm’s smooth payout process, low commissions, and reliable customer support, creating a supportive environment for traders to thrive.
  • Flexible Withdrawal Options: The “Withdrawal On Demand” feature allows traders to promptly access their profits, providing flexibility in managing their funds and optimizing trading outcomes.
  • Transparent Scaling Plan: Goat Funded Trader offers a transparent scaling plan based on traders’ performance, allowing for account size increases, profit split adjustments, and salary increments. This incentivizes traders to strive for continuous improvement and growth within the firm.
  • Industry Partnership: The firm’s partnership with reputable brokers like ThinkMarkets and Purple Trading ensures access to robust trading platforms and a diverse range of tradable instruments, enhancing trading opportunities for participants.
  • No Minimum Trading Days: Unlike other programs, Goat Funded Trader imposes no minimum trading day requirements. Traders have the freedom to trade at their preferred pace without constraints, fostering a conducive environment for effective trading strategies.
  • Best Profit Split: Goat Funded Trader offers one of the most competitive profit splits in the industry, ranging from 80% to 95% based on traders’ performance. This generous profit split incentivizes traders to strive for consistent profitability and rewards success accordingly.
  • 120% Fee Back at 3rd Payout: An exclusive benefit offered by Goat Funded Trader is the opportunity to receive a 120% fee back on the third payout. This unique incentive enhances traders’ earnings and rewards continued performance and commitment within the firm.