Active

Goat Funded Trader

3.5

Industry Tier:
B
HongKong
Date Created: 2023
Years in Operation: 2
50%

Firm Overview

Broker

Liquidity Provider

Platform

MatchTrade, TradeLocker, MT5

Payment Methods

Credit/Debit Card, Crypto, Bank Transfer, PayPal

Payout Methods

Rise, Crypto, Skrill

Instruments and Assets

Type of Instruments

CFD

Assets

FX, Indices, Commodities, Crypto

Commissions

FX

$2.50/ lot

Metals

Free

Indices

Free

Energy

Free

Crypto

Free

Firm Rules

Evaluation Phases

  • Goat Funded Trader offers multiple evaluation types: Instant Funding (Goat / Standard), 1-Step, 2-Step (Goat / Standard / Pro), 3-Step challenge.
  • Most challenges come with no time limit (unlimited), allowing traders to progress at their own pace.
  • No minimum trading days are required in many account types, giving traders full flexibility.

Profit Targets

  • Instant Funding: No profit targets are required.
  • 1-Step: 10% profit target.
  • 2-Step (Goat): 8% in Step 1, 6% in Step 2.
  • 2-Step (Standard / Pro): 10% in Step 1, 5% in Step 2.
  • 3-Step: Each phase requires 6% profit.

Drawdown Rules

  • Daily Drawdown: Ranges between 3% – 5%, depending on account type.
  • Maximum Drawdown: Between 6% – 10%.
  • As the account grows, the drawdown limit also scales up proportionally.
  • These limits apply across all evaluation and funded accounts, ensuring risk control.

Strategy Rules

  • Hedging: Opening opposite positions on the same instrument is prohibited, even if done across multiple accounts.
  • Copy Trading: Mirroring trades between evaluation accounts is not allowed. Each account must be traded independently.
  • Expert Advisors (EAs): EAs are permitted, but traders must prove ownership if requested by providing the source code. If you pass the evaluation using an EA, you must continue using the same strategy in the funded account.
  • News Trading: Trading around economic news is allowed. However, profits from trades opened or closed within 2 minutes of a high-impact release are capped at 1% of account balance.
  • Weekend Holding: Positions may be held over the weekend. For evaluation accounts, the risk team may review and approve trades before they can remain open.
  • IP Address Usage: Accounts must be accessed only from valid geographic locations. VPNs, VPSs and remote access tools are strictly prohibited.

Payout Policy

Profit Split

  • Base profit split is 80% for most models.
  • Traders can optionally upgrade to 100% profit split via add-ons at checkout.
  • In the “GOAT Model” with on-demand reward, the first reward may use a 40% profit split (before upgrade)

Withdrawal Requests

  • For the first two reward requests, withdrawals are capped at 6% of the initial account balance. Any excess profits beyond that are deducted from the account.
  • After the first two rewards, there is no withdrawal limit on profits.
  • A minimum withdrawal amount is $100 for funded account rewards.
  • All open trades/orders must be closed before submitting a withdrawal request. 

Payout Frequency

  • Payouts by default are bi-weekly, with an option to choose on-demand payouts using add-ons.
  • The very first on-demand payout is available after at least 3 trading days (must reach ~3% profit to unlock).

Scaling Plan

Goat Funded Trader offers a structured scaling program that lets traders grow their accounts and improve conditions over time:

  • Level 1 (after 2 months & 4 payouts): +15% capital boost, profit split up to 90%, drawdown limits +1%.
  • Level 2 (after 4 months & 6 payouts): +30% capital boost, 90% profit split, drawdown limits +2%, weekly payouts unlocked.
  • Level 3 (after 5 months & 10 payouts): +40% capital boost, profit split 92%, drawdown limits +3%, weekly payouts, free challenge if failed, plus monthly salary ($300-$500).

Accounts can scale up to $2M, with increased contract sizes and drawdown allowances at each level.

Risk Warning

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