Goat Funded Traderโs 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)
โ $5,000 โ $45 โ $52
โ $8,000 โ $80 โ $90
โ $15,000 โ $145 โ $167
โ $25,000 โ $185 โ $212
โ $50,000 โ $295 โ $339
โ $100,000 โ $515 โ $592
โ $200,000 โ $985 โ $1,132
โ $400,000 โ $1,959 โ $2,253
Evaluation phase one in Goat Funded Traderโs 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 Traderโs Classic Challenge
โ 90% Profit Split
โ Bi-weekly Payouts
โ 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:
โ 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%.
โ 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.
โ 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.
โ 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 โ 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 โ 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 โ 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 โ 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.