Goat Funded Trader Review
Goat Funded Trader is a leading proprietary trading firm dedicated to providing traders with an outstanding trading journey. Our services include 24/7 global customer support, refundable fees, low profit targets, top-tier trading tools, competitive commissions, tight spreads, and various two-step funding programs. Experience exceptional trading with Goat Funded Trader today!
Pros +
+ Excellent Trustpilot Rating of 4.4/5
+ 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 (Except Classic Challenge)
+ Scaling Plan
+ Profit Share 80% up to 95%
+ Overnight & Weekend Holding Allowed
+ News Trading Allowed
Cons -
– Low Leverage with One-step Challenge
– Maximum Daily Equity-based Drawdown
– Maximum Trading Period with Classic Challenge
– Initial Maximum Drawdown of 8% on No Time Limit Challenge
At Goat Funded Trader, we’re dedicated to ensuring traders succeed with a superior 24/7 trading experience. Our commitment includes responsive customer service, refundable fees, realistic profit targets, cutting-edge trading tools, competitive commissions, and tight spreads. Traders can achieve significant profits, managing account sizes up to $200,000 and enjoying up to 95% profit splits. Trade forex pairs, commodities, indices, stocks, and cryptocurrencies to maximize your potential with us.
Who are Goat Funded Trader?
Goat Funded Trader, legally known as Wishes Tower International SL, was established on May 17, 2023. Based in the Canary Islands, Spain, the firm is led by CEO Edoardo Dalla Torre. Offering a range of account types and evaluation programs, Goat Funded Trader partners with ThinkMarkets as their broker, providing traders with comprehensive trading solutions.
Goat Funded Trader’s headquarters are situated in the Canary Islands, Spain.
Edoardo Dalla Torre serves as the CEO of Goat Funded Trader.
Funding program options
Goat Funded Trader provides its traders with four unique funding program options:
Goat Funded Trader Programs
Goat Funded Trader’s Goat Challenge offers traders the chance to oversee account sizes from $8,000 to $150,000. This initiative aims to recognize skilled traders capable of profitability and adept risk management during the two-step evaluation phase. Participants in the Goat Challenge can trade with leverage of up to 1:50.
Price per Account Sizes (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
In the evaluation phase one at Goat Funded Trader, traders must achieve an 8% profit target while adhering to a maximum daily loss of 4% and a maximum overall loss of 10%. There are no specific requirements for the number of trading days within this phase. Advancement to phase two requires meeting the 8% profit target without exceeding the specified loss limits.
During evaluation phase two, traders aim for a 6% profit target under the same maximum daily and overall loss constraints, with no minimum or maximum trading day requirements. Successful completion of both phases grants traders a funded account. Initially, traders must achieve a 3% profit for their first payout, maintaining the 4% daily and 10% overall loss limits. Subsequent withdrawals can be made monthly, with profit splits ranging from 80% to 95% based on trading performance.
Choosing an on-demand first profit split results in a 40% share, while waiting 30 days allows for an 80% share.
Add-ons for Goat Funded Trader’s Goat Challenge
– 90% Profit Split
– Bi-weekly Payouts
– Weekly Payouts
Goat Funded Trader’s Goat Challenge includes a scaling plan that rewards traders with account increases, higher profit splits, monthly salaries, and increased daily and maximum drawdown limits based on successful payouts while funded.
For instance:
– After a minimum of 2 months and 4 successful payouts, traders qualify for a 15% account increase and a 1% increase in daily and maximum drawdowns.
– After at least 4 months and 6 successful payouts, traders receive a 30% account increase, with their profit split rising to 90% and payouts available weekly. They also receive a free challenge if their current one fails.
– After a minimum of 5 months and 10 successful payouts, traders earn a 40% account increase, a profit split of 92%, and weekly payouts. They also qualify for a $300 monthly salary for managing account sizes between $5k to $50k, or a $500 salary for managing $100k to $200k accounts.
– After a minimum of 6 months and 15 successful payouts, traders attain Goat Trader status, unlocking on-demand payouts and a profit split of 95%. They also receive a $300 monthly salary for managing $5k to $50k accounts, or $500 for $100k to $200k accounts, along with a free challenge if their current one fails.
Goat Challenge Trading Rules & Objectives
– Profit Target – Traders must achieve specific profit percentages to successfully complete evaluation phases, withdraw earnings, or increase their trading account size. Phase 1 requires reaching an 8% profit target, while Phase 2 mandates a 6% target. Funded accounts do not have specified profit targets.
– Maximum Daily Loss – Traders are limited to a maximum daily loss of 4% of their account size in any single trading day without breaching their account. This limit can scale up to 8%.
– Maximum Loss – Traders are restricted to a maximum overall loss of 10% of their account size without breaching their account. This limit can scale up to 14%.
Goat Funded Trader’s No Time Limit Challenge offers traders the opportunity to manage account sizes ranging from $5,000 to $400,000. The challenge aims to discover skilled traders who demonstrate profitability and effective risk management across a two-step evaluation period. Participants in the No Time Limit Challenge can trade with leverage of up to 1:100.
Price per Account Sizes (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
Evaluation phase one at Goat Funded Trader requires traders to achieve an 8% profit target while adhering to a maximum daily loss of 5% and a maximum overall loss of 8%. There are no minimum or maximum trading day requirements during this phase. Advancement to phase two only requires meeting the 8% profit target without exceeding the specified loss limits.
In evaluation phase two, traders aim to achieve a 5% profit target under the same maximum daily and overall loss constraints, with no specific trading day requirements. Successful completion of both phases qualifies traders for a funded account. Initially, traders must achieve a 3% profit for their first payout, while maintaining the 5% daily and 8% overall loss limits. Subsequent withdrawals can be made monthly, with profit splits ranging from 80% to 95% based on trading performance.
Opting for an on-demand first profit split results in a 40% share, whereas waiting 30 days allows for an 80% share.
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 at Goat Funded Trader features a scaling plan that rewards traders with account increases, higher profit splits, monthly salaries, and increased daily and maximum drawdown limits based on successful payouts while funded.
For example:
– After a minimum of 2 months and 4 successful payouts, traders qualify for a 15% increase based on their initial account balance. Maximum daily drawdown and maximum drawdown limits increase by 1%.
– After at least 4 months and 6 successful payouts, traders receive a 30% account increase. Their profit split rises to 90% and can be requested on a weekly basis. Traders also receive a free challenge if their current one fails.
– After a minimum of 5 months and 10 successful payouts, traders earn a 40% account increase. Their profit split increases to 92% with weekly payout requests. They also qualify for a $300 monthly salary for managing account sizes between $5k to $50k, or a $500 salary for managing $100k to $200k accounts.
– After a minimum of 6 months and 15 successful payouts, traders attain Goat Trader status, unlocking on-demand payouts with a profit split of 95%. They also receive a $300 monthly salary for managing $5k to $50k accounts, or $500 for $100k to $200k accounts, along with a free challenge if their current one fails.
No Time Limit Evaluation Program Account Rules
– Profit Target – Traders must achieve specific profit percentages to successfully complete evaluation phases, withdraw earnings, or increase their trading account size. Phase 1 requires reaching an 8% profit target, while Phase 2 mandates a 5% target. Funded accounts do not have specified profit targets.
– Maximum Daily Loss – Traders are limited to a maximum daily loss of 5% of their account size in any single trading day without breaching their account. This limit can scale up to 9%.
– Maximum Loss – Traders are restricted to a maximum overall loss of 8% of their account size without breaching their account. This limit can scale up to 12%.
Goat Funded Trader’s Classic Challenge offers traders the chance to manage account sizes ranging from $5,000 to $400,000. This challenge aims to discover skilled traders who demonstrate profitability and effective risk management across a two-step evaluation period. Participants in the Classic Challenge can trade with leverage of up to 1:100.
Price per Account Sizes (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
Evaluation phase one in Goat Funded Trader’s Classic Challenge requires traders to achieve a 7% profit target while adhering to a maximum daily loss of 4% and a maximum overall loss of 10%. Traders have 30 calendar days to reach the profit target in this phase, with no minimum trading day requirements to proceed to phase two.
Evaluation phase two requires traders to reach a 5% profit target under the same maximum daily and overall loss constraints, with 60 calendar days provided to achieve the profit target. There are no minimum trading day requirements to progress to a funded account.
Upon successfully completing both evaluation phases, traders qualify for a funded account where the initial profit requirement for the first payout is 3%. Traders must adhere to a maximum daily loss of 4% and a maximum loss of 10%. The first payout is available on-demand upon achieving a 3% profit, with subsequent withdrawals allowed monthly. Profit splits range from 80% to 95% based on the trading performance of the funded account.
Opting for an on-demand first profit split results in a 40% share, whereas waiting 30 days allows for an 80% share.
Add-ons for Goat Funded Trader’s Classic Challenge
– 90% Profit Split
– Bi-weekly Payouts
– Weekly Payouts
Classic Challenge Scaling Plan
The Classic Challenge at Goat Funded Trader includes a scaling plan that rewards traders with account increases, higher profit splits, monthly salaries, and increased daily and maximum drawdown limits based on successful payouts while funded.
For example:
– After a minimum of 2 months and 4 successful payouts, traders qualify for a 15% increase based on their initial account balance. Maximum daily drawdown and maximum drawdown limits increase by 1%.
– After at least 4 months and 6 successful payouts, traders receive a 30% account increase. Their profit split rises to 90% and can be requested on a weekly basis. Traders also receive a free challenge if their current one fails.
– After a minimum of 5 months and 10 successful payouts, traders earn a 40% account increase. Their profit split increases to 92% with weekly payout requests. They also qualify for a $300 monthly salary for managing account sizes between $5k to $50k, or a $500 salary for managing $100k to $200k accounts.
– After a minimum of 6 months and 15 successful payouts, traders attain Goat Trader status, unlocking on-demand payouts with a profit split of 95%. They also receive a $300 monthly salary for managing $5k to $50k accounts, or $500 for $100k to $200k accounts, along with a free challenge if their current one fails.
Classic Evaluation Program Account Rules
Profit Target – Traders must achieve specific profit percentages to successfully complete evaluation phases, withdraw earnings, or increase their trading account size. Phase 1 requires reaching a 7% profit target, while Phase 2 mandates a 5% target. Funded accounts do not have specified profit targets.
Maximum Daily Loss – Traders are limited to a maximum daily loss of 4% of their account size in any single trading day without breaching their account. This limit can scale up to 8%.
Maximum Loss – Traders are restricted to a maximum overall loss of 10% of their account size without breaching their account. This limit can scale up to 14%.
Maximum Trading Period – The evaluation phase has a maximum trading period of 30 calendar days for Phase 1 and 60 calendar days for Phase 2. This period is the timeframe within which traders must achieve their required profit targets and conclude their evaluation phases.
Goat Funded Trader’s One-step Challenge offers traders the chance to manage account sizes ranging from $15,000 to $200,000. This challenge aims to identify skilled traders who demonstrate profitability and effective risk management over a two-step evaluation period. Participants in the One-step Challenge can trade with leverage of up to 1:30.
Price per Account Sizes (Swap-free)
– $15,000 – $170 – $195
– $25,000 – $230 – $265
– $50,000 – $339 – $390
– $100,000 – $590 – $675
– $200,000 – $1,050 – $1,200
The evaluation phase in Goat Funded Trader’s One-step Challenge requires traders to achieve a 10% profit target while adhering to a maximum daily loss of 4% and a maximum overall loss of 6%. There are no specific requirements for minimum or maximum trading days during phase one. To progress to funded status, traders must reach the 10% profit target without exceeding the specified daily or overall loss limits.
Upon successful completion of the evaluation phase, traders receive a funded account where the initial profit requirement for the first payout is 3%. Traders must maintain a maximum daily loss of 4% and a maximum loss of 6%. The first payout is available on-demand upon achieving a 3% profit, with subsequent withdrawals permitted on a monthly basis. Profit splits range from 80% to 95% based on the trading performance of the funded account.
Choosing an on-demand first profit split results in a 40% share, whereas requesting it after 30 calendar days allows for an 80% share.
Add-ons for Goat Funded Trader’s One-step Challenge
– 90% Profit Split
– Bi-weekly Payouts
– Weekly Payouts
One-step Challenge Scaling Plan
The One-step Challenge at Goat Funded Trader features a scaling plan that rewards traders with account increases, higher profit splits, monthly salaries, and increased daily and maximum drawdown limits based on successful payouts while funded.
For example:
– After a minimum of 2 months and 4 successful payouts, traders qualify for a 15% increase based on their initial account balance. Maximum daily drawdown and maximum drawdown limits increase by 1%.
– After at least 4 months and 6 successful payouts, traders receive a 30% account increase. Their profit split rises to 90% and can be requested on a weekly basis. Traders also receive a free challenge if their current one fails.
– After a minimum of 5 months and 10 successful payouts, traders earn a 40% account increase. Their profit split increases to 92% with weekly payout requests. They also qualify for a $300 monthly salary for managing account sizes between $5k to $50k, or a $500 salary for managing $100k to $200k accounts.
– After a minimum of 6 months and 15 successful payouts, traders attain Goat Trader status, unlocking on-demand payouts with a profit split of 95%. They also receive a $300 monthly salary for managing $5k to $50k accounts, or $500 for $100k to $200k accounts, along with a free challenge if their current one fails.
One-step Evaluation Program Account Rules
– Profit Target – Traders must achieve a designated profit percentage to successfully conclude the evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is 10%. Funded accounts do not have any specified profit targets.
– Maximum Daily Loss – Traders are limited to a maximum daily loss of 4% of their account size in any single trading day without breaching their account. This limit can scale up to 8%.
– Maximum Loss – Traders are restricted to a maximum overall loss of 6% of their account size without breaching their account. This limit can scale up to 10%.
Conclusion
In conclusion, Goat Funded Trader stands out as a reputable and reliable proprietary trading firm offering a variety of funding programs tailored to suit different trading styles:
1. Goat Challenge: This two-step evaluation requires traders to complete phases with profit targets of 8% in phase one and 6% in phase two. Successful traders earn 80% to 95% profit splits upon managing funded accounts. The challenge features flexible trading conditions with no minimum or maximum trading day requirements and is accompanied by a scaling plan to increase initial account balances.
2. No Time Limit Challenge: Also a two-step evaluation, it mandates profit targets of 8% in phase one and 5% in phase two. Traders follow 5% maximum daily and 8% maximum loss rules, with no time constraints on trading days. The challenge includes a scaling plan for account growth.
3. Classic Challenge: Another two-step evaluation, requiring profit targets of 7% in phase one and 5% in phase two. It features a 4% maximum daily loss and 10% maximum loss rule, with a maximum trading period of 30 days in phase one and 60 days in phase two. The Classic Challenge also offers a scaling plan for account enhancement.
4. One-step Challenge: This streamlined evaluation involves a single phase with a profit target of 10%. Traders adhere to 4% maximum daily and 6% maximum loss rules, with no minimum trading day requirements. Similar to other challenges, it includes a scaling plan to increase initial account balances.
Goat Funded Trader provides favorable conditions such as on-demand first payouts, no minimum trading day requirements, and comprehensive scaling plans for daily and maximum drawdown increases. These features cater to diverse trading preferences and underscore Goat Funded Trader as a preferred choice in the proprietary trading industry for traders worldwide.
Alpha Capital Group Details
Trading Platforms
Match-Trader, Thinktrader
Deposit Methods
Visa, Crypto,
Withdrawal Methods
Bank Transfer, Crypto, Rise
Account Size
$100,000, $15,000, $200,000, $25,000, $400,000, $5,000, $50,000, $8,000
Tradable Instruments
Commodities, Forex, Indices, Crypto, Metals, Stocks
Rules
Maximum Daily Loss, Maximum Loss, Minimum Trading Days, Profit Target
Brokers
ThinkMarkets
Account Currencies
USD
Trading Programs
Two Step Challenge, One Step Challenge
Incorporation
May 2023
CEO
Edoardo Dalla Torre
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