2026 reviewUpdated 26 Oct 2026By Oliver

Goat Funded Trader Review 2026: Prices, Goat Guard and Rule Changes

What traders say

4.0★ across 1,260 public trader reviews

Goat Funded Trader offers cheap entries and 2-3 day payouts for clean accounts.

This Goat Funded Trader review covers the seven products in the firm's checkout on 24 October 2026, the rules that end accounts, the reward terms and the payout evidence. Goat Funded Trader, or GFT, sells evaluations, which check a trader's results before funding, and instant accounts with no check at all.

All of its accounts are simulated, so no trade reaches a live market, and the firm calls its payouts rewards. Goat Funded Trader is a trade name of Wishes Tower International Limited in Hong Kong, while Goat Funded LTD in Saint Lucia runs the simulated service.

The review in six points

The checkout listed seven products on 24 October 2026, from $17 for $5,000 to $2,998 for $400,000.
All accounts are simulated, and Goat Funded Trader describes itself as not regulated.
Rewards are due in 2 business days, with a $1,000 bonus when late and a 3% fee on each one.
Rules and products changed on 14 dated occasions between June and October 2026.
The firm's pages contradict each other on at least 10 topics, from its founding year to refunds.
Trustpilot's score was suspended at PropFirmTrading's check on 9 September 2026, and trader data shows 4.0 from 1,260 reviews.

How this review was researched

6 sources, checked 24 Oct 2026

Goat Funded Trader terms in figures

On 24 October 2026, Goat Funded Trader sold three evaluations, three instant accounts and a $99 promotional two-step, each for a one-time fee.

Checkout and help centre, 24 Oct 2026

Products at checkout: 7; evaluations, instants and a promo
Account sizes: $5K to $400K; $400,000 in total per trader
Daily loss limit: 3% to 5%; set by product
Maximum loss: 5% to 10%; static on evaluations, trailing on instants
Reward split: 80% to 90%; 100% with a paid add-on

›Platforms. MetaTrader 5 (MT5), cTrader, Match-Trader and TradeLocker. cTrader costs more, and MT5 and cTrader are closed to US clients.
›Markets. Forex, metals, other commodities, stocks, crypto and index CFDs, contracts that pay the change in a price without ownership of the asset.
›Leverage. 1:100 on forex in evaluations and 1:50 once funded or on an instant account, with indices and commodities at 1:20, then 1:10.
›Costs. $5 per lot on forex and metals on MT5, Match-Trader and TradeLocker, no commission on other markets, and overnight swaps with no swap-free option.

Goat Funded Trader evaluations and instant accounts

An evaluation must reach a profit target without breaking a loss limit, while an instant account starts at the funded stage with no target.

A profit target is the gain, as a share of the starting size, that passes a phase.

Product	Sizes	Profit target	Daily loss	Maximum loss
1-Step	$5K to $200K	10%	3%	6% static
2-Step GOAT	$5K to $150K	8%, then 6%	4%	10% static
2-Step Standard	$5K to $200K	10%, then 5%	5%	10% static
2 Step Promo	$100K only	10%, then 5%	3%	8% static
Instant GOAT	$5K to $400K	None	3%	6% trailing
Instant Hero	$5K to $400K	None	3%	5% trailing
Instant Premium	$5K to $150K	None	3%	6% trailing

At 5 PM EST each day, Goat Funded Trader sets the daily floor under the larger of balance and equity, equity being the balance plus any open gain or loss. Evaluation floors are static and never move, while instant floors rise with every new high in balance or equity, even during the day, and stop at the starting balance.

›Profitable days. Each needs net profit of 0.5% of the starting size. Evaluation phases need 3, and funded accounts bought since late July 2026 need 4 per reward.
›Instant terms. Instant GOAT and Premium need 5 profitable days per reward and Hero 6. Instant GOAT and Hero also cap one day's share of profit at 15%, a limit known as a consistency rule.
›Splits. 80%, or 90% on Hero, with a 100% add-on on all but Premium and the promo.

The $99 promo accepts no code and caps each reward at $2,000. Help articles still describe a 3-Step, Instant PRO, Pay Later, Blitz, Stride and $1 account, none of them in the checkout list on 19 or 24 October.

By 26 October 2026 the checkout list also held an eighth product, Instant Daily, priced from $30 for $1,000 to $998 for $50,000. No help article described its rules on that date, so this review does not cover it.

Goat Funded Trader prices at checkout

The cheapest Goat Funded Trader account costs $17 for $5,000, and the most expensive is the $400,000 Instant GOAT at $2,998.

Goat Funded Trader checkout prices

	$5K	$10K	$25K	$50K	$100K	$200K
1-Step	$74	$114	$214	$314	$530	$914
2-Step GOAT	$17	$65	$158	$308	$478	Not sold
2-Step Standard	$17	$90	$234	$358	$628	$1,198
Instant GOAT	$108	$158	$318	$488	$815	$1,663.34
Instant Hero	$17	$106.67	$240	$356.67	$656.67	$1,156.67
Instant Premium	$158	$296.67	$563.33	$813.33	$1,313.33	Not sold

One-time fees in US dollars before any code on MT5, Match-Trader and TradeLocker, 24 Oct 2026. The 2-Step GOAT stops at $150K, for $758.

The Goat Funded Trader discount code page carries FIRSTGFT, listed in the database at 50% and offered by the firm on a first account. The checkout shows the final price.

›Platform. cTrader adds $33.33 on most sizes and $10 on the $17 accounts.
›Add-ons. The 100% split adds 20% to the fee, and First Payout On Demand adds 15% on the 1-Step and both 2-Steps.
›Resets. From 7% below the original fee in Phase 1 to 200% above it on a funded 2-Step, bought within 14 days of a breach.

What breaches a Goat Funded Trader account

A hard breach closes a Goat Funded Trader account straight away, and the fee is not returned.

Hard breaches at Goat Funded Trader

Daily loss. The day's loss reaches the product's limit.
Maximum loss. Equity touches the static or trailing floor.
Open loss on instants. Open trades together lose 2% of the starting size on Instant GOAT, or 1% on Hero and Premium.
Inactivity. No trade for 30 days in a row.
VPN or VPS. Trading through a VPN, a virtual private server, a proxy or a hosted machine, banned since 6 October 2026.
Reused payout details. A wallet or address already used on another Goat Funded Trader account, including a relative's or a friend's.

Goat Guard and open-loss limits

Goat Guard covers funded accounts that came from the 1-Step or a 2-Step, and it trips when combined open losses reach 2% of the starting size. The first trip keeps the positions open and cuts the split to 50%, and a second trip, on a changed set of positions, breaches the account.

The $99 promo applies the same two-strike rule at 1% of its size. Instant accounts have no Goat Guard, so their open-loss limit ends the account at the first touch.

GFT deductions that leave the account open

›Daily cap. Funded accounts count at most $3,000 of profit a day.
›News. Profit on a trade opened or closed within 5 minutes of a high-impact release is capped at 1% of the starting size.
›Hold time. Funded profit from trades under 1 minute is removed on accounts bought from 6 October 2026, or under 2 minutes on older ones.
›Margin. Using over 80% of the available margin on one trade idea may bring a profit deduction or a phase reset.

Funded accounts bought from 8 October 2026 also need the largest winning trade to match or exceed the largest losing trade before a reward, with each partial close counted as a trade.

Conduct, devices and copy trading

The firm bans hedging of any kind, high-frequency trading, bought or shared expert advisors (EAs), Martingale or grid recovery and signal services. An EA is an automated trading program, and since 12 October 2026 trades may be copied only through the firm's GOAT Trade Copier.

Shared devices, unexplained IP changes and second registrations can lead to a refused reward or a permanent ban. The terms also let the firm block a trader for any reason.

Goat Funded Trader rewards and payout claims

Goat Funded Trader pays rewards every 14 days on the products it sells, and each request is due within 2 business days.

Before the first reward, the trader passes KYC, an identity check by Veriff or Rise, and signs the Trader Agreement online. The 2-day clock for that first request starts once KYC is complete.

Method	Maximum per reward
Rise	No limit
Bank transfer	$10,000, in eight African countries only
Skrill	$5,000
Crypto	$3,000

Conditions on each reward

›Amount. At least $100, and each request takes the full profit.
›First two rewards. Capped at 6% of the starting size or $10,000, whichever is lower, or at 4% on $5,000 2-Step and Hero accounts bought on or after set dates in 2026.
›Fee. 3% of every reward after the split, so $1,000 of simulated profit at 80% pays the trader $776.
›Late bonus. $1,000 when the 2-day window is missed, unless KYC or an information request caused the delay.
›Before a request. Every position and pending order is closed, with one request pending per account.

A four-level scaling plan for funded accounts that came from an evaluation ends at 50% more capital and a 95% split after 6 months and 15 rewards.

What the transparency page shows

Payout claims on the firm's own pages, 24 Oct 2026

Total rewarded: $30 million; transparency page and homepage
About page total: $29 million; a March 2025 help article says nearly $8 million
Average reward: $2,180; no count of rewards given
Top earners: 4; $44,229.67 to $48,244.50 each

The page also names about 15 undated rewards, from $2,027.60 to $48,244.50. It gives no reward count, denial figures or audit, and PropFirmTrading did not trace any of these payments.

Is Goat Funded Trader legit?

Goat Funded Trader trades under published terms and two named companies, and it describes itself as unregulated with simulated accounts.

›Trade name holder. Wishes Tower International Limited, company number 76428795, in Kwun Tong, Hong Kong.
›Service company. Goat Funded LTD, company number 2025-00240, in Gros-Islet, Saint Lucia.
›Regulation. The complaints policy says the firm is not a regulated financial institution, and the homepage says it takes no client deposits.
›Disputes. The terms name no governing law and send disputes to arbitration, citing a court in the Canary Islands.

Homepage: 1 Million+ traders trust the firm.

Another Goat Funded Trader page

Help article: nearly 100,000 traders have chosen it.

The other two are Volumetrica, a platform the help centre lists but the checkout does not sell, and the number of firms using its technology. One help article says over 40, and the About page says 70+. A disputed rule can be confirmed in writing through support@goatfundedtrader.com before a purchase.

What public trader reviews say about Goat Funded Trader

PropFirmTrading's trader data held 1,260 public reviews of Goat Funded Trader on 21 October 2026, averaging 4.0, with 199 one-star ratings, or 15.8%.

Among the seven CFD firms with over 600 reviews in that data, only Blueberry Funded has a higher one-star share, at 16.2%. Low prices and quick delivery draw praise, while complaints centre on rewards refused over alleged copy trading or shared IP addresses, margin-rule deductions and late logins.

Three reviews from 18 and 19 October 2026 describe a refused reward, a breach after a request and a margin deduction, with no firm reply by 21 October. They remain reviewers' claims.

Trustpilot showed the GFT score as suspended at PropFirmTrading's most recent manual look, on 9 September 2026, so this page shows no Trustpilot rating and ignores the scores on the firm's homepage.

Goat Funded Trader rule changes since June 2026

Most Goat Funded Trader rule changes in 2026 apply only to accounts bought after a set date, so two traders on the same product can follow different rules.

Dated Goat Funded Trader changes in 2026

13 Jun 2026 · Terms
2-Step PRO withdrawn
Existing accounts stay active.
15 Jun 2026 · Terms
Resets for new purchases only
25 and 27 Jul 2026 · Terms
Four profitable days per funded reward
Up from three, on the 2-Steps first.
1 Aug 2026 · Terms
1-Step daily limit cut to 3%
Down from 4% for new purchases.
8 Aug 2026 · Update
Instant Hero and Instant Premium launched
PropFirmTrading news feed.
2 and 21 Sep 2026 · Terms
Instant Premium tightened
A 1% open-loss limit, then a 14-day reward cycle instead of 10.
1 Oct 2026 · Terms
Restricted-country list updated
33 entries, Hong Kong among them.
6 Oct 2026 · Terms
VPN ban and a 1-minute hold
VPN or VPS trading becomes a hard breach, and new purchases get a 1-minute minimum hold instead of 2.
8 Oct 2026 · Terms
Largest win against largest loss
A new reward condition.
12 Oct 2026 · Terms
Copying through the GOAT Trade Copier only
Other copiers banned, existing subscriptions included.
By 19 Oct 2026 · Terms
No funded reset after a reward
Rewards paid before the change count too.
22 Oct 2026 · Terms
Promo open-loss limit at 1%
Down from 2% on the $99 2-Step.

None of the firm's pages read for this review carried an outage notice, apology or incident report.

Goat Funded Trader beside six large CFD firms

At $478 for $100,000, the 2-Step GOAT undercuts the main two-step at four of the six other CFD firms with over 600 public trader reviews.

$100K two-step at list price

Blueberry Funded
$812
Prime 2-Step, 8% then 6%
Alpha Capital
$577
Alpha Pro 8%, 8% then 5%
FundedNext
$549.99
Stellar 2-Step, 8% then 5%
FundingPips
$522
2-Step Standard, 8% then 5%
Goat Funded Trader
$478
2-Step GOAT, 8% then 6%
The5ers
$455
High Stakes, 8% then 5%
Maven
$440
Standard 2-Step, 8% then 5%

List prices before any code on 24 Oct 2026, Goat Funded Trader from its checkout and the rest from the PropFirmTrading database. The FundingPips homepage showed $652 on 12 Oct 2026.

Firm	Loss limits on that two-step	Trustpilot, 9 Sep 2026	Trader reviews
Goat Funded Trader	4% daily, 10% static	Score suspended	1,260 at 4.0, 15.8% one-star
Blueberry Funded	4% daily, 10% static	Score suspended	631 at 4.1, 16.2% one-star
Alpha Capital	4% daily, 8% static	Score suspended	1,149 at 4.4, 8.1% one-star
FundedNext	5% daily, 10% static	4.5 from 78,384	906 at 4.3, 8.3% one-star
FundingPips	5% or 3% daily, 10% static	4.5 from 67,934	1,239 at 4.2, 9.7% one-star
The5ers	4% daily, 8% static	4.7 from 37,176	1,378 at 4.7, 4.0% one-star
Maven	4% daily, 8% static	Score suspended	790 at 4.2, 4.7% one-star

Blueberry Funded's Prime 2-Step uses the same targets and loss limits as the 2-Step GOAT, at $812 against $478. Both firms also list a 50% first-purchase code of their own, PRIME50 at Blueberry Funded and FIRSTGFT at Goat Funded Trader.

Cheaper two-steps with tighter limits also exist at several of these peers, for example FundedNext Stellar Lite at $399.99, FundingPips 2-Step Pro at $422 and Alpha Capital's Alpha Pro 6% at $427. The5ers and Maven charge less for their main two-step and have the lowest one-star shares in the group. The PropFirmTrading comparison tool lines up any two of these firms rule by rule.

Goat Funded Trader fit and open questions

Goat Funded Trader suits CFD traders who want a low entry price and a static evaluation floor, and who check the purchase date behind each rule.

Goat Funded Trader strengths, drawbacks and open questions

Strengths

Entry from $17 for a $5,000 two-step or instant account.
A static maximum loss on the 1-Step and both 2-Steps.
News trading allowed, with profit capped only near high-impact releases.
A $1,000 bonus when a reward misses the 2-business-day window.

Drawbacks

All accounts are simulated, and the firm is unregulated.
A 3% fee on every reward and a cap on the first two.
Instant accounts close on an open loss of 1% or 2%.
Frequent rule changes, one of them applied to older accounts.

Open questions

Whether the 3-Step, Instant PRO, Pay Later, Blitz, Stride and $1 accounts are still sold.
How the no-refund legal page fits with the fourth-reward refund in the help centre.

PropFirmTrading's link and code for Goat Funded Trader

PropFirmTrading earns a commission when traders buy Goat Funded Trader accounts through its link. FIRSTGFT, the code shown on this site, is the firm's own public code for new customers rather than one made for PropFirmTrading.

No Goat Funded Trader account was bought or traded by PropFirmTrading while this review was prepared.

Goat Funded Trader review history

›26 Oct 2026. First version, from the checkout list, legal pages and help centre as read on 24 October 2026 and re-checked on 26 October 2026.

Goat Funded Trader FAQ

Is Goat Funded Trader legit?

Goat Funded Trader is a working prop firm that publishes its terms, a large help centre and a transparency page listing large rewards. It is a trade name of Wishes Tower International Limited in Hong Kong, while the simulated trading service comes from Goat Funded LTD of Saint Lucia.

The firm says it is not regulated and that its funded accounts are simulated. Its pages contradict one another on at least ten topics, including refunds and payout speed, and its $30 million payout total comes with no published audit.

Is Goat Funded Trader regulated?

No. The Goat Funded Trader complaints policy states that the firm is not a regulated financial institution, and the homepage says it is not a broker and does not accept client deposits. One help article still calls it well-regulated, which conflicts with that policy.

The terms name no governing law and send disputes to arbitration, with a Canary Islands court given as the reference. Neither registration was confirmed in a public register for this review.

Does Goat Funded Trader use real money on funded accounts?

No. The funded-account disclaimer describes every Goat Funded Trader account as fully simulated, using real market quotes, and says the trades are not executed. A reward is the trader's share of that simulated profit, paid by Rise, bank transfer, Skrill or crypto.

A separate help article says the trading data goes to a partner prop firm, which may copy trades at its own discretion. That claim could not be checked, and it does not change the simulated status of the account.

How much does a Goat Funded Trader account cost?

At checkout on 24 October 2026, a $5,000 account cost $17 on the 2-Step GOAT, the 2-Step Standard and Instant Hero. A $100,000 account cost $478 on the 2-Step GOAT, $530 on the 1-Step, $628 on the 2-Step Standard and $815 on Instant GOAT.

These prices apply on MT5, Match-Trader and TradeLocker, while cTrader adds $33.33 on most sizes. FIRSTGFT and the terms PropFirmTrading lists for it are on the Goat Funded Trader discount code page.

Is there a Goat Funded Trader discount code?

PropFirmTrading lists FIRSTGFT for Goat Funded Trader at 50% off a first account. It is the firm's own public code for new customers rather than a code made for PropFirmTrading, which earns its commission through its link.

Codes do not apply to multi-account bundles or to the $99 2-Step promo. Checkout shows the final price once the code is applied, and the Goat Funded Trader discount code page keeps the code and its terms in one place.

What are the Goat Funded Trader 2-Step rules?

Goat Funded Trader sells two 2-Step evaluations. The 2-Step GOAT asks for 8% in Phase 1 and 6% in Phase 2, with a 4% daily loss limit and a static floor 10% below the starting size. The 2-Step Standard asks for 10% and then 5%, with a 5% daily limit and the same floor.

Each phase of both asks for 3 profitable days, each with net profit of at least 0.5%. Once funded, they need 4 such days per reward on accounts bought from 25 July 2026, and Goat Guard applies.

What is Goat Guard at Goat Funded Trader?

Goat Guard is a limit on open losses for funded accounts that came from a Goat Funded Trader 1-Step or 2-Step evaluation. The trigger is a combined open loss of 2% of the starting size. On the first trigger the trades stay open and the reward split falls to 50%.

A second trigger, on a changed set of positions, breaches the account. Instant accounts work differently, since an open loss of 2% on Instant GOAT, or 1% on Hero and Premium, closes them at once.

How do Goat Funded Trader payouts work?

Rewards follow a 14-day cycle that starts with the first trade, and the minimum request is $100. Processing is due within 2 business days, and the firm adds $1,000 if it misses that window, unless KYC or an information request caused the delay.

The firm takes a 3% fee from every reward after the split. The first two rewards are capped at 6% of the starting size or $10,000, whichever is lower, and crypto pays at most $3,000 per reward.

Does Goat Funded Trader refund the challenge fee?

The help centre says the fee is refunded with the fourth reward on the same account, instant accounts included. It also promises a full refund when the firm ends a collaboration over a trading style it finds unsuitable and no rule violation is found.

The legal refund policy says the opposite, that no service is refunded and every sale is final. A trader relying on the fourth-reward refund can get written confirmation from support before paying.

Which countries are restricted at Goat Funded Trader?

The firm's list, updated on 1 October 2026, names Afghanistan, Belarus, Bolivia, Bosnia, the Central African Republic, Chile, Cuba, the Democratic Republic of the Congo, Hong Kong, Iran, Israel, Jordan, Laos, Lebanon, Libya, Mali, Myanmar, North Korea, Papua New Guinea, Russia, Senegal, Singapore, Somalia, South Korea, South Sudan, Sudan, Syria, Togo, Ukraine, Venezuela, Yemen and Zimbabwe. A 33rd entry names the Islamic State and Al-Qaida.

The United States is not on the list, but MT5 and cTrader are not offered to US clients. Traders must be 18 or older.

Can traders use a VPN or copy trades at Goat Funded Trader?

Since 6 October 2026, trading through a VPN, a VPS, a proxy or a hosted machine is a hard breach at Goat Funded Trader, and profit from that trading is not paid. The firm allows a VPN only for the first connection to a server, and its own copier is exempt.

Since 12 October 2026, copying trades is allowed only through the GOAT Trade Copier, which costs $2 per connected account a month with a $4 minimum. Any other copier is banned, including subscriptions bought earlier.

Does Goat Funded Trader have a Trustpilot rating?

Not one that PropFirmTrading can show. The Trustpilot profile for goatfundedtrader.com showed its score as suspended for a guideline breach on 9 September 2026, when PropFirmTrading last checked it manually. The firm's homepage displays review figures of its own, which this site does not use.

PropFirmTrading's separate trader data held 1,260 public reviews averaging 4.0 on 21 October 2026, with 199 one-star ratings. Complaints focus on refused rewards, margin deductions and slow delivery of login details.

Goat Funded Trader

Rules, prices and payout terms - verified against the firm's own published data.

Goat Funded Trader offer: 50% OFF with code FIRSTGFT

Copy FIRSTGFT and visit Goat Funded Trader Goat Funded Trader discount code Firm profile

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This review reflects the firm's published terms and public records at the time of writing, and individual experiences vary. PropFirmTrading may earn a commission when traders use its links or codes, at no extra cost to them. Trading involves substantial risk of loss.