Goat Funded Trader
No Time LimitFrom $17Scale to $2MGFT offers compelling value for manual discretionary traders — no time limits, affordable fees from $17, and scale to $2M. However, strict EA/copy trading bans and limited spread transparency mean EA traders and algorithmic traders should look elsewhere.
Scoring Breakdown
Pros
- Affordable challenges from $17 — among lowest in industry
- No time limit on any challenge phase
- Up to 100% profit split at scaling Level 4
- Scaling to $2M funded capital
- Static drawdown on 2-Step (more forgiving than trailing)
- On-demand payout after just 3 trading days
- Fee refunded on 4th payout
- Monthly salary $300–$500 at Level 3–4 (GOAT Trader)
- 2-day payout guarantee or $500 compensation
- Goat Guard auto risk system protects funded accounts
- Accepts US traders
- 180+ supported countries
- $1 micro model to test platform risk-free
Cons
- Trustpilot 3.4/5 — flagged for guideline breach (fake reviews removed)
- Copy trading completely banned
- Hedging and martingale prohibited
- Commercial/3rd-party EAs banned (must own code)
- HFT and gold arbitrage EAs prohibited
- Spread data not publicly disclosed
- News trading capped at 1% profit per event
- Instant accounts: 2% daily drawdown = immediate closure
- MT5 not available for US residents
- Simulated trading environment (not real market execution)
- Scalping not allowed
Overview
Goat Funded Trader (GFT) is a rapidly growing prop firm founded May 2023, registered in Saint Lucia & Hong Kong. Offering 1-Step, 2-Step, 3-Step evaluations and Instant Funding with no time limits, up to 100% profit split, scaling to $2M, and bi-weekly payouts within 48h.
Founded in 2023 and based in Saint Lucia / Hong Kong, Goat Funded Trader has established itself as a reputable prop trading firm with $9.1M+ in total verified payouts. The firm offers 1-Step, 2-Step Standard, 2-Step Goat, 3-Step, Instant Goat, Instant Pro, Goat Blitz, $1 Model evaluations with account sizes ranging from $5,000 to $200,000.
Challenge Rules & Structure
Pricing & Account Sizes
| Account Size | Challenge Fee | Profit Target | Drawdown Limits |
|---|---|---|---|
| $5,000 | $30 (2-Step) / $1 ($1 Model) | 8% / 5% | 5% daily / 10% max static |
| $10,000 | $55 (2-Step) | 8% / 5% | 5% daily / 10% max static |
| $25,000 | $130 (2-Step) | 8% / 5% | 5% daily / 10% max static |
| $50,000 | $179 (1-Step) / $240 (2-Step) | 10% (1-Step) / 8%+5% (2-Step) | 4% daily / 6% max (1-Step) |
| $100,000 | $299 (1-Step) / $449 (2-Step) | 10% (1-Step) / 8%+5% (2-Step) | 4% daily / 6% max (1-Step) |
| $200,000 | $539 (1-Step) / $899 (2-Step) | 10% (1-Step) / 8%+5% (2-Step) | 4% daily / 6% max (1-Step) |
Trading Conditions
Features
Payout Process
User Reviews
One of the cheapest challenge fees in the market. No time limit means I can trade at my own pace without pressure. Got funded and payout arrived within 48 hours as promised.
Good firm for manual traders. Static drawdown on 2-Step is much better than trailing — gives more breathing room. Payout was fast. Just be careful with the EA rules.
Decent entry fees and the $1 model is great for testing. However spreads on gold can get very wide at times. Support response is fast. Would like more spread transparency.
Frequently Asked Questions
GFT is a registered company (Goat Funded LTD, Saint Lucia & Wishes Tower International, Hong Kong) founded May 2023 with $9.1M+ claimed payouts and 98,000+ traders. They operate a simulated trading environment. Trustpilot has flagged them for guideline breaches and removed fake reviews — proceed with caution and start small.
GFT offers 1-Step, 2-Step Standard, 2-Step Goat, 3-Step, Instant Goat, Instant Pro, Goat Blitz, and the $1 Model. All programs have no time limits. Entry fees start from $17–$30 for standard accounts and just $1 for the micro model.
Custom EAs are allowed ONLY if you own and can prove ownership of the source code. Commercial/off-the-shelf EAs, HFT systems, gold arbitrage EAs, and copy trading are strictly prohibited. Violation leads to account termination and forfeited profits.
Base profit split is 80%, upgradeable to 95% (Level 3) and 100% at higher scaling levels. Instant accounts start at 65% on first payout, rising to 80% by third payout. On-demand payout (after 3 days) offers 40% split.
GFT has 4 scaling levels. Level 1: 2 months, 4 payouts, 10% profit. Level 2: 4 months, 6 payouts. Level 3: 5 months, 10 payouts — 40% capital increase, 92% split, weekly payouts, $300–500/month salary. Level 4 (GOAT): 6 months, 15 payouts — 50% capital increase, 95% split, $500/month salary, scale to $2M.
2-Step Standard: 5% daily, 10% max static. 1-Step: 4% daily, 6% max. Instant accounts: 2% daily (immediate closure if breached), 6% trailing. Daily drawdown calculated at 5 PM EST based on balance or equity, whichever is higher.
GFT guarantees payouts within 48 hours. On-demand payouts available after 3 trading days (40% split). Standard bi-weekly payouts at 80%+. Payment methods: Rise (bank/crypto), Cryptocurrency, PayPal, Skrill. Minimum withdrawal: $100.
Available Discount Codes
Goat Funded Trader
Our Verdict
GFT offers compelling value for manual discretionary traders — no time limits, affordable fees from $17, and scale to $2M. However, strict EA/copy trading bans and limited spread transparency mean EA traders and algorithmic traders should look elsewhere. With a 80–100% profit split, 1-Step and 2-Step Standard and 2-Step Goat and 3-Step and Instant Goat and Instant Pro and Goat Blitz and $1 Model evaluations, and payouts processed in 48 hours (guaranteed), Goat Funded Trader is a solid choice for traders looking for a reliable prop firm.
Visit Goat Funded TraderSimilar Prop Firms
FTMO
Top RatedVerifiedFundedNext
Top RatedVerifiedThe5%ers
VerifiedInstant FundingCompare Before You Decide
See how Goat Funded Trader stacks up against other top prop firms with our comparison tool.
Compare Now