Key Features Goat Funded Trader Prop Firm
- No Consistency rules
- No time limits
- 0$ Commissions on Indices and Crypto
- Trading platforms; MatchTrader and TradeLocker
- Lightning FastÂ
- Trade Execution
- Crypto CFD Trading during weekends allowed
- Raw spread starting from 0.0 pips
- 1 month free access on My Trading Journey
What’s Unique About Goat-Funded Trader?
What really sets The Goat Funded Trader apart from better-known prop trading houses is the level of complete control that the traders have over their trading methods. You can release news while trading, hold instantaneous positions, and even participate over the weekend. It’s also worth noting that traders can quickly get their money back once they hit profit targets, as the organization doesn’t limit the number of trading days.
Traders must complete two stages in the Goat Funded Trader assessment to receive payment. It has nothing to do with time. Phase two requires a 5% profit target, while phase one requires an 8% profit target. This is the limitation that traders face during the two periods: the general losses not over 8% and daily losses not over 5%. Much more crucial is the fact that the process of application for funding is simplified: there is no minimum number of required trading days for each step.Â
Unlike other popular private trading groups that set limits on the number of daily trades, Goat Funded Trader actively sets moderate profit targets instead. The company’s flexibility appeals to traders seeking independence and easy access to funds.
Pros of Goat Funded Trader Prop Firm
Zero-Fee Withdrawals
One of the prominent advantages that Goat Funded Trader possesses is the capability to withdraw your profits without any additional fees. This lets traders retain more hard-earned profit and gives great value to the funding experience. By not charging anything for withdrawals, Goat Funded Trader holds a significant advantage compared to firms charging huge transaction fees, therefore being much friendlier for long-term traders.
Flexible Trading Conditions
Goat Funded Trader’s key opportunity is allowing traders to hold positions overnight and over the weekend. For those who prefer to trade with a swing or long-term strategy, this is an extreme benefit. Another good condition is that the company doesn’t limit traders from using trading robots and Expert Advisors. Traders will be able to automate their strategy and focus on more productive issues instead. This flexible condition places Goat Funded Trader at the top of traders’ lists with diverse styles and preferences.
As much as 95% Profit-Sharing
Goat Funded Trader boasts one of the most lucrative profit-sharing models there is, with up to 95% in profit sharing. This high profit-split allows traders to maximize their returns and make the offer highly competitive compared to other prop firms. To both the professional and up-and-coming trader, a potentially large payout is one of Goat Funded Trader’s major selling points.
Large Variety of Funded Accounts and Access to Varied Assets
Goat Funded Trader offers traders flexible account funding options and access to diverse asset classes like forex, commodities, and indices, enabling them to develop varied strategies and capitalize on market opportunities.
Discounts on Audition Fees
Goat Funded Trader essentially sweetens the process of getting started by extending numerous discounts on the audition fee for traders. These discounts make the firm more accessible to traders of all levels by lowering the financial barrier and increasing the chances of earning a funded account.
Cons of Goat Funded Trader Prop Firm
Limited Educational Content
This is the major drawback with Goat Funded Trader: their educational content is somewhat limited. The firm offers excellent funding and flexible trading conditions but lacks adequate educational content for skill development. Traders seeking structured learning materials, tutorials, or webinars will need to look elsewhere for additional educational resources.
PayOuts of Goat Funded Trader Prop Firm
Traders can request their first payout after 3 trading days on the Live Simulated Account, provided they’ve earned at least 3% profit.
They can choose to receive a 40% profit split on demand or wait 14 or 30 days (based on their Add-Ons choice) for an 80% profit split.
Frequently Asked Questions
How trusted is Goat Funded Trader?
The trusted source of information on fintech matters SBO, gave Goat Funded Trader a 2.63/ 5.00 rating based on analyzing 20+ criteria and testing. Goat Funded Trader is currently in 17th place in this ranking. FunderPro is currently ranked as the number one.
Is Goat Funded Trader a broker?
No, Goat Funded Trader isn’t a broker. They offer their clients simulated funded demo accounts, which they can access after successfully completing a one or two-step evaluation process.
Do They Have a Reliable Platform?
One of the brokers using it is Goat Funded Trader. ThinkMarkets is an exceptional online brokerage. The range of asset classes that they are offering is just so immense. The headquarters of ThinkMarkets are in London and Melbourne. They provide quick access to various markets via their ThinkTrader platform, as well as popular options like MetaTrader 4 and 5.
Are Expert Advisors Allowed?
The use of Expert Advisors is permitted but with severe limitations. Those automated trading systems should adhere to all the rules concerning forbidden trading practices.Â
Is Copy Trading Allowed?
Goat Funded Trader does not allow copy trading. If you copy trade, there are serious repercussions: you don’t get a funded account, and they ban you forever from using their services.
How many Goat Funded Trader accounts can I have?
You can have multiple accounts, but you can’t merge Evaluation accounts or Funded Accounts that have begun trading or exceed $400,000.
