Goat Funded Trader Review 2026
CFD / ForexEst. 2023Hong Kong SAR Chinadata verified Aug 9, 2026#7 of 16 CFD / Forex firms · Reviewed by Ayub Rana, CA
- Cheapest challenge$36
- Max funding$2M
- Profit split80%
- Payoutbi-weekly (14 day reward cycle); the Standard Instant Funding model advertises a 10 day cycle
Verdict
Our verdict on Goat Funded Trader
Draft: pending reviewUpdated
Squad score
4.1averaged from 5 scores
Trustpilot: rating restricted
What makes up that score
- Pricing & value
- 4.7
- Rules fairness
- 3.5
- Payout reliability
- 3.6
- Support
- 3.9
- Platforms
- 4.7
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.
Get 45% off with code PFSQUAD →
- News trading allowed
- EAs allowed
- 15% consistency cap
- 4 minimum trading days
- Weekend holding allowed
Pros & Cons
Goat Funded Trader pros & cons
The strengths and trade-offs our editors weigh when scoring this firm.
What traders like
- Positions may be held over the weekend: the help centre answer to 'Can I hold trades over the weekend?' is 'Yes, you can hold trades over the weekend.'
- Reward requests are processed within 2 business days of submission, and the firm publishes a $1,000 bonus commitment if it misses that window (KYC delays excluded).
- Low barrier to a first reward: minimum withdrawal is $100 ($35 on Goat 1$ accounts), and rewards are paid by Rise, crypto, Skrill or bank transfer.
- Commission is $0 per lot on indices, commodities, crypto and stocks, with $5 per lot on FX pairs and metals, quoted on raw spreads across MT5, Match-Trade and TradeLocker.
- Four evaluation formats are published (instant, 1-step, 2-step, 3-step), so a trader can match the format to their style.
What to watch
- Copy trading and signal services are prohibited on evaluation accounts: the help centre states 'Signal services and copy trading are not permitted on GOAT Funded Trader accounts', with copying allowed only between funded accounts (help.goatfundedtrader.com/en/articles/15945071-using-signals).
- Third party automation is prohibited: the prohibited practices article bars traders who 'Utilize any third-party strategy, Expert Advisor, off-the-shelf strategy' (help.goatfundedtrader.com/en/articles/10742118-what-are-prohibited-trading-practices).
- Discretionary breach language: the same article states 'Any trading style that we deem too risky will be breached and refunded in full', so a breach can rest on the firm's own assessment rather than a numeric limit.
- Rewards carry a 2% processing fee, and the first two reward requests are capped at 6% of the initial account balance or $10,000, whichever is lower (4% on $5k Two-Step accounts bought after 25 July 2026), per help.goatfundedtrader.com/en/articles/10742264-how-payouts-work-eligibility-request-processing-and-arrival.
- The headline 100% profit split is a paid checkout add-on: the standard split across models is 80%, and the GOAT model's on-demand first reward is paid at 40% (help.goatfundedtrader.com/en/articles/9549359-all-about-rewards-and-profit-splits).
- The Terms and Conditions state 'There are no refunds on any Services purchased', and the trader contracts with a Hong Kong entity while the simulated trading service is supplied by a Saint Lucia entity, so there is no home regulator to escalate to.
Pricing
Goat Funded Trader challenge 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
- †Sold only during limited drops: the firm states GOAT Blitz is released on two randomly chosen weekends per month and is purchasable only during that weekend, so the row may be unbuyable on any given day. The 3% daily drawdown is static and measured against the initial account balance. The 5% max overall loss is trailing against the highest recorded account equity and never moves back down; it applies in both the evaluation and the funded stage. A separate hard rule closes the account permanently if floating PnL drops below minus 2% of balance. 5 valid trading days in the evaluation and 5 per payout once funded. The funded stage adds a 15% consistency rule that is not applied during the evaluation: no single trading day may be 15% or more of total profit for the payout period, which blocks the payout request until the ratio falls back, though it does not breach the account.
- ‡Immediate funded access, no profit target. Daily drawdown 3%, checked at 5 PM EST against balance or equity. The 6% max total drawdown trails the highest end of day balance, is recalculated only once per day at the close, never intraday, never moves down, and resets after each payout. A separate hard rule closes the account permanently if floating loss reaches minus 1.5% of balance. 5 valid trading days at 0.5% profit each are required before a reward can be requested. No consistency rule on this model. Reward cycle every 10 days rather than the 14 days used elsewhere. Leverage is capped at 1:50 on this model. Base split 80%.
- §Immediate funded access, no profit target. Daily drawdown 3%, checked at 5 PM EST against balance or equity. The 5% max total drawdown is trailing and resets after each payout, but the firm's own page describes it two ways in the same article, once as following the equity value and once as an end of day trailing drawdown, so the intraday versus end of day question is left unresolved here. A separate hard rule closes the account permanently if floating loss reaches minus 1% of balance, the tightest floating loss rule of any model. 6 valid trading days at 0.5% profit each are required before a reward can be requested. A 15% consistency rule applies. Reward cycle every 14 days. Base split 90%, with a 100% split as a paid checkout add-on.
- ‖Immediate funded access, no profit target. Daily drawdown 3%, checked at 5 PM EST against balance or equity. The 6% max total drawdown trails the account equity value upward and never moves down, and it resets after each payout. A separate hard rule closes the account permanently if floating PnL drops below minus 2% of balance. PAYOUT CYCLE EXCEPTION: at least 5 valid trading days must be completed before a reward can be requested, a valid day requiring at least 0.5% of initial balance in profit; the days need not be consecutive and the count resets after each payout. A 15% consistency rule applies: no single trading day may be 15% or more of total profit for the payout period. Reward cycle every 14 days. Base split 80%, with a 100% split as a paid checkout add-on.
- ¶Daily drawdown 5% and max overall loss 10% static, unchanged across both evaluation steps and the funded stage. Each evaluation step requires 3 valid trading days; the funded stage requires 3 valid trading days per payout, or 4 for accounts purchased from 25 July 2026, and the count resets after each payout. A valid trading day needs at least 0.5% of initial balance in profit. Funded stage rules that do not apply during the evaluation: a $3,000 daily profit cap, with profit above the cap deducted rather than breaching the account, and the first two payouts capped at 6% of the initial account size or $10,000, whichever is lower, a cap removed after the second successful payout. Base split is 80%; a 100% profit split is a paid checkout add-on. A second checkout add-on, On-Demand First Reward, pays the first reward at a 40% split after only 3 days of trading on the funded account. On $5,000 Two-Step accounts purchased after 25 July 2026 the first two payouts are capped at 4% of the initial account size rather than 6%.
- #Daily drawdown 4% and max overall loss 10% static, unchanged across both evaluation steps and the funded stage. Each evaluation step requires 3 valid trading days; the funded stage requires 3 valid trading days per payout, or 4 for accounts purchased from 25 July 2026, and the count resets after each payout. A valid trading day needs at least 0.5% of initial balance in profit. Funded stage rules that do not apply during the evaluation: a $3,000 daily profit cap, with profit above the cap deducted rather than breaching the account, and the first two payouts capped at 6% of the initial account size or $10,000, whichever is lower, a cap removed after the second successful payout. Base split is 80%; a 100% profit split is a paid checkout add-on. A second checkout add-on, On-Demand First Reward, pays the first reward at a 40% split after only 3 days of trading on the funded account. On $5,000 Two-Step accounts purchased after 25 July 2026 the first two payouts are capped at 4% of the initial account size rather than 6%.
- ††Evaluation daily drawdown is 3% for accounts purchased from 1 August 2026 and 4% on accounts bought before that date; the /model configurator currently shows 3%. Max overall loss is 6% static in both the evaluation and the funded stage. Evaluation requires 3 valid trading days; the funded stage requires 3 valid trading days per payout, or 4 for accounts purchased from 27 July 2026, and the count resets after each payout. A valid trading day needs at least 0.5% of initial balance in profit. Funded stage rules that do not apply during the evaluation: a $3,000 daily profit cap, with profit above the cap deducted rather than breaching the account, and the first two payouts capped at 6% of the initial account size or $10,000, whichever is lower, a cap removed after the second successful payout. Base split is 80%; a 100% profit split is a paid checkout add-on. A second checkout add-on, On-Demand First Reward, pays the first reward at a 40% split after only 3 days of trading on the funded account.
- ‡‡Daily drawdown 5% and max overall loss 10% static, unchanged across both evaluation steps and the funded stage. Each evaluation step requires 3 valid trading days; the funded stage requires 3 valid trading days per payout, or 4 for accounts purchased from 25 July 2026, and the count resets after each payout. A valid trading day needs at least 0.5% of initial balance in profit. Funded stage rules that do not apply during the evaluation: a $3,000 daily profit cap, with profit above the cap deducted rather than breaching the account, and the first two payouts capped at 6% of the initial account size or $10,000, whichever is lower, a cap removed after the second successful payout. Base split is 80%; a 100% profit split is a paid checkout add-on. A second checkout add-on, On-Demand First Reward, pays the first reward at a 40% split after only 3 days of trading on the funded account.
- §§Daily drawdown 4% and max overall loss 10% static, unchanged across both evaluation steps and the funded stage. Each evaluation step requires 3 valid trading days; the funded stage requires 3 valid trading days per payout, or 4 for accounts purchased from 25 July 2026, and the count resets after each payout. A valid trading day needs at least 0.5% of initial balance in profit. Funded stage rules that do not apply during the evaluation: a $3,000 daily profit cap, with profit above the cap deducted rather than breaching the account, and the first two payouts capped at 6% of the initial account size or $10,000, whichever is lower, a cap removed after the second successful payout. Base split is 80%; a 100% profit split is a paid checkout add-on. A second checkout add-on, On-Demand First Reward, pays the first reward at a 40% split after only 3 days of trading on the funded account.
- ‖‖Daily drawdown 4% and max overall loss 8% static, unchanged across all three evaluation steps and the funded stage. No minimum trading day requirement during the evaluation phases; the funded stage requires 3 valid trading days per payout, or 4 for accounts purchased from 27 July 2026, and the count resets after each payout. A valid trading day needs at least 0.5% of initial balance in profit. Funded stage rules that do not apply during the evaluation: a $3,000 daily profit cap, with profit above the cap deducted rather than breaching the account, and the first two payouts capped at 6% of the initial account size or $10,000, whichever is lower, a cap removed after the second successful payout. Base split is 80%; a 100% profit split is a paid checkout add-on. A second checkout add-on, On-Demand First Reward, pays the first reward at a 40% split after only 3 days of trading on the funded account.
Rules
Goat Funded Trader rules, explained
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
Goat Funded Trader payout data
Advertised terms plus what we can verify from dated community payout proofs.
- Profit split
- 80%
- Payout frequency
- bi-weekly (14 day reward cycle); the Standard Instant Funding model advertises a 10 day cycle
- Avg. payout time (tracked)
- 2 days
- Payout methods
- Crypto, Bank transfer, Other
- First payout after
- 14 days
- Minimum payout
- $100
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
Is Goat Funded Trader legit? Trust & company facts
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
Platforms, assets & trading 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.
Platforms
- TradeLocker
- cTrader
- MT5
- Volumetrica FX
- Match Trader
Assets
- Forex
- Indices
- Metals
- Crypto
- Stocks
- Commodities
Program types
- Instant funding
- 1-step
- 2-step
- 3-step
Maximum leverage
| 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.
Commissions
| 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
Goat Funded Trader: frequently asked questions
Short, direct answers to what traders ask most before buying a challenge here.
Is Goat Funded Trader legit?
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.
How much does a Goat Funded Trader challenge cost?
Challenges start around $36 for the smallest account size. See the pricing table above for every size and step count.
What profit split does Goat Funded Trader offer?
Goat Funded Trader pays funded traders up to 80% of profits.
How fast does Goat Funded Trader pay out?
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.
Does Goat Funded Trader have a promo code?
Yes — code PFSQUAD gives 45% off (exclusive to PropFirmSquad). See the promo page for terms and expiry.
What trading platforms does Goat Funded Trader support?
Goat Funded Trader supports TradeLocker, cTrader, MT5, Volumetrica FX, Match Trader.
What is the maximum funding at Goat Funded Trader?
Goat Funded Trader advertises up to $2,000,000 in trading capital through account scaling.
Alternatives
Alternatives to Goat Funded Trader
Top-rated firms traders compare against this one.
| Metric | Goat Funded Trader | The5ers | Hola Prime |
|---|---|---|---|
| Squad score | 4.1/5 | 4.3/5 | 4/5 |
| Trustpilot | — | 4.7/5 | 4.5/5 |
| Max funding | $2M | $4M | $800K |
| Profit split | 80% | 80% | 80% |
| Cheapest challenge | $36 | $19 | $9 |
