CFD / ForexEst. 2023Hong Kong SAR Chinadata verified Aug 9, 2026#7 of 10 CFD / Forex firms · Reviewed by Ayub Rana, CA
Verdict
Updated
Squad score
Trustpilot: rating restricted
What makes up that score
Scored by Ayub Rana against our published methodology.
Goat Funded Trader (founded 2023, Hong Kong) runs one of the broadest challenge menus in the space - 1-step, 2-step in GOAT/Standard/Pro variants, 3-step, and instant accounts from $5K to $400K - with 2-Step GOAT pricing from $22 (5K) to $448 (200K). The base profit split is 80% with paid upgrades toward 100%, payouts run bi-weekly via Rise, crypto, or Skrill, and challenge drawdowns are static. Funded accounts carry a 15% best-day consistency rule (20% on Instant Pro) and profit made within 5 minutes of high-impact news is capped at 1%. Reviewers also flag payout caps on early withdrawals and strict limits on third-party EAs, so read the funded-account terms closely.
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Pros & Cons
The strengths and trade-offs our editors weigh when scoring this firm.
Pricing
Every account size and step count Goat Funded Trader sells, with targets and drawdown limits in one table.
| Program | Account size | Price | Profit target(s) | Max daily loss | Max drawdown | Drawdown type | Split | Refundable |
|---|---|---|---|---|---|---|---|---|
| GOAT Blitz 2.5K | $2,500 | $47† | 3% | 3% | 5% | Trailing (intraday) | 80% | No |
| Instant Premium 5K | $5,000 | $158‡ | None | 3% | 6% | Trailing (end of day) | 80% | No |
| Instant HERO 5K | $5,000 | $58§ | None | 3% | 5% | — | 90% | No |
| Instant GOAT 5K | $5,000 | $108‖ | None | 3% | 6% | Trailing (intraday) | 80% | No |
| GOAT Blitz 5K | $5,000 | $77† | 3% | 3% | 5% | Trailing (intraday) | 80% | No |
| 2-Step Standard 5K | $5,000 | $52¶ | 10% / 5% | 5% | 10% | Static | 80% | No |
| 2-Step GOAT 5KCheapest | $5,000 | $36# | 8% / 6% | 4% | 10% | Static | 80% | No |
| 1-Step GOAT 5K | $5,000 | $74†† | 10% | 3% | 6% | Static | 80% | No |
| 2-Step Standard 8K | $8,000 | $108‡‡ | 10% / 5% | 5% | 10% | Static | 80% | No |
| 2-Step GOAT 8K | $8,000 | $56§§ | 8% / 6% | 4% | 10% | Static | 80% | No |
| Instant Premium 10K | $10,000 | $265‡ | None | 3% | 6% | Trailing (end of day) | 80% | No |
| Instant HERO 10K | $10,000 | $107§ | None | 3% | 5% | — | 90% | No |
| Instant GOAT 10K | $10,000 | $158‖ | None | 3% | 6% | Trailing (intraday) | 80% | No |
| GOAT Blitz 10K | $10,000 | $117† | 3% | 3% | 5% | Trailing (intraday) | 80% | No |
| 3-Step GOAT 10K | $10,000 | $65‖‖ | 6% / 6% / 6% | 4% | 8% | Static | 80% | No |
| 1-Step GOAT 10K | $10,000 | $114†† | 10% | 3% | 6% | Static | 80% | No |
| Instant Premium 15K | $15,000 | $365‡ | None | 3% | 6% | Trailing (end of day) | 80% | No |
| Instant HERO 15K | $15,000 | $157§ | None | 3% | 5% | — | 90% | No |
| Instant GOAT 15K | $15,000 | $228‖ | None | 3% | 6% | Trailing (intraday) | 80% | No |
| 3-Step GOAT 15K | $15,000 | $85‖‖ | 6% / 6% / 6% | 4% | 8% | Static | 80% | No |
| 2-Step Standard 15K | $15,000 | $208‡‡ | 10% / 5% | 5% | 10% | Static | 80% | No |
| 2-Step GOAT 15K | $15,000 | $98§§ | 8% / 6% | 4% | 10% | Static | 80% | No |
| 1-Step GOAT 15K | $15,000 | $148†† | 10% | 3% | 6% | Static | 80% | No |
| Instant Premium 25K | $25,000 | $495‡ | None | 3% | 6% | Trailing (end of day) | 80% | No |
| Instant HERO 25K | $25,000 | $240§ | None | 3% | 5% | — | 90% | No |
| Instant GOAT 25K | $25,000 | $318‖ | None | 3% | 6% | Trailing (intraday) | 80% | No |
| GOAT Blitz 25K | $25,000 | $247† | 3% | 3% | 5% | Trailing (intraday) | 80% | No |
| 3-Step GOAT 25K | $25,000 | $145‖‖ | 6% / 6% / 6% | 4% | 8% | Static | 80% | No |
| 2-Step Standard 25K | $25,000 | $234‡‡ | 10% / 5% | 5% | 10% | Static | 80% | No |
| 2-Step GOAT 25K | $25,000 | $158§§ | 8% / 6% | 4% | 10% | Static | 80% | No |
| 1-Step GOAT 25K | $25,000 | $214†† | 10% | 3% | 6% | Static | 80% | No |
| Instant Premium 50K | $50,000 | $762‡ | None | 3% | 6% | Trailing (end of day) | 80% | No |
| Instant HERO 50K | $50,000 | $357§ | None | 3% | 5% | — | 90% | No |
| Instant GOAT 50K | $50,000 | $488‖ | None | 3% | 6% | Trailing (intraday) | 80% | No |
| GOAT Blitz 50K | $50,000 | $387† | 3% | 3% | 5% | Trailing (intraday) | 80% | No |
| 3-Step GOAT 50K | $50,000 | $225‖‖ | 6% / 6% / 6% | 4% | 8% | Static | 80% | No |
| 2-Step Standard 50K | $50,000 | $358‡‡ | 10% / 5% | 5% | 10% | Static | 80% | No |
| 2-Step GOAT 50K | $50,000 | $308§§ | 8% / 6% | 4% | 10% | Static | 80% | No |
| 1-Step GOAT 50K | $50,000 | $314†† | 10% | 3% | 6% | Static | 80% | No |
| Instant Premium 100K | $100,000 | $1,232‡ | None | 3% | 6% | Trailing (end of day) | 80% | No |
| Instant HERO 100K | $100,000 | $657§ | None | 3% | 5% | — | 90% | No |
| Instant GOAT 100K | $100,000 | $815‖ | None | 3% | 6% | Trailing (intraday) | 80% | No |
| GOAT Blitz 100K | $100,000 | $617† | 3% | 3% | 5% | Trailing (intraday) | 80% | No |
| 3-Step GOAT 100K | $100,000 | $365‖‖ | 6% / 6% / 6% | 4% | 8% | Static | 80% | No |
| 2-Step Standard 100K | $100,000 | $628‡‡ | 10% / 5% | 5% | 10% | Static | 80% | No |
| 2-Step GOAT 100K | $100,000 | $478§§ | 8% / 6% | 4% | 10% | Static | 80% | No |
| 1-Step GOAT 100K | $100,000 | $530†† | 10% | 3% | 6% | Static | 80% | No |
| Instant Premium 150K | $150,000 | $1,965‡ | None | 3% | 6% | Trailing (end of day) | 80% | No |
| Instant GOAT 150K | $150,000 | $1,198‖ | None | 3% | 6% | Trailing (intraday) | 80% | No |
| 2-Step GOAT 150K | $150,000 | $758§§ | 8% / 6% | 4% | 10% | Static | 80% | No |
| Instant HERO 200K | $200,000 | $1,157§ | None | 3% | 5% | — | 90% | No |
| Instant GOAT 200K | $200,000 | $1,663‖ | None | 3% | 6% | Trailing (intraday) | 80% | No |
| 3-Step GOAT 200K | $200,000 | $665‖‖ | 6% / 6% / 6% | 4% | 8% | Static | 80% | No |
| 2-Step Standard 200K | $200,000 | $1,198‡‡ | 10% / 5% | 5% | 10% | Static | 80% | No |
| 1-Step GOAT 200K | $200,000 | $914†† | 10% | 3% | 6% | Static | 80% | No |
| Instant GOAT 250K | $250,000 | $2,088‖ | None | 3% | 6% | Trailing (intraday) | 80% | No |
| Instant GOAT 300K | $300,000 | $2,398‖ | None | 3% | 6% | Trailing (intraday) | 80% | No |
| Instant GOAT 400K | $400,000 | $2,998‖ | None | 3% | 6% | Trailing (intraday) | 80% | No |
Read the fine print
Rules
The rules that actually get traders breached: what they are and how this firm sets them.
| Rule | Goat Funded Trader | Why it matters |
|---|---|---|
| Drawdown type | Hybrid | Trailing drawdown follows your equity peak and is the #1 cause of surprise breaches; static drawdown is fixed from starting balance and far more forgiving. |
| Consistency rule | 15% cap per day | Caps how much of your total profit can come from a single day. A strict cap can delay or void payouts for traders with a few big wins. |
| News trading | Allowed | Some firms void trades placed around high-impact news releases, which is critical if you trade NFP, CPI, or rate decisions. |
| Expert advisors (EAs) | Allowed | Determines whether automated strategies and copiers are permitted, and whether an EA can get your account flagged. |
| Minimum trading days | 4 days | The floor on how fast you can pass a phase, which matters if you trade infrequently or want to pass quickly. |
| Weekend / overnight holding | Allowed | Swing traders need positions to survive the Friday close. Where holding is barred, open trades are closed for you and gaps cannot be traded. |
| Copy trading | Not allowed | Decides whether you can mirror one strategy across several accounts. Most firms that allow it restrict it to accounts you own yourself. |
| High-frequency trading | Not allowed | Firms police latency arbitrage and tick scalping hard, and an HFT breach is one of the most common reasons a passed account is voided. |
We track every rule change Goat Funded Trader makes and log it here with dates and sources. No changes recorded yet.
Payouts
Advertised terms plus what we can verify from dated community payout proofs.
We publish payout-speed distributions from dated community proofs rather than trusting advertised numbers. Goat Funded Trader's tracker goes live once we have enough verified data points.
Trust & Company
Who runs Goat Funded Trader, how long they have operated, and what independent review platforms say. Check availability for your country below.
| Established | Jun 1, 2023 |
|---|---|
| Headquarters | Hong Kong SAR China |
| CEO | Edoardo Dalla Torre |
| Ways to pay | Credit / debit card, PayPal, Crypto, Other local methods |
| Registered entity | Wishes Tower International LimitedHong Kong Companies Registry (ICRIS) 76428795 |
| Trustpilot score | Restricted by Trustpilot (see notice above) |
| Squad score | 4.1/5 across 5 criteria |
| Max allocation | $2M |
| Status | Listed |
| Data last verified | Aug 9, 2026 |
Official websiteTrustpilot profileCommunity Discord
Platforms & Conditions
The platforms Goat Funded Trader supports, the markets you can trade, and the leverage and commissions that set the real cost of a strategy.
| Asset | Max leverage |
|---|---|
| Forex | 1:100 |
| Indices | 1:20 |
| Commodities | 1:20 |
| Crypto | 1:2 |
| Stocks | 1:5 |
Leverage caps your position size, so it decides which strategies fit this firm at all. Some firms reduce it once you are funded.
| Asset | Cost per trade |
|---|---|
| Forex | $5 per lot |
| Metals | $5 per lot |
| Indices | $0 per lot |
| Commodities | $0 per lot |
| Crypto | $0 per lot |
| Stocks | $0 per lot |
Commission is the recurring cost of trading here, charged on every lot whether the trade wins or loses. It matters most if you scalp or trade high volume.
FAQ
Short, direct answers to what traders ask most before buying a challenge here.
Goat Funded Trader has operated since 2023, scores 4.2/5 across 1075 trader reviews on our platform. We track its rules, payouts and Trustpilot trend continuously and flag any firm that stops paying traders.
Challenges start around $36 for the smallest account size. See the pricing table above for every size and step count.
Goat Funded Trader pays funded traders up to 80% of profits.
Goat Funded Trader pays bi-weekly (14 day reward cycle); the Standard Instant Funding model advertises a 10 day cycle, and community payout proofs we track average 2 days from request to receipt.
Yes — code PFSQUAD gives 45% off (exclusive to PropFirmSquad). See the promo page for terms and expiry.
Goat Funded Trader supports TradeLocker, cTrader, MT5, Volumetrica FX, Match Trader.
Goat Funded Trader advertises up to $2,000,000 in trading capital through account scaling.
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