Match Trade

Platform 4

Goat Funded Trader

GOAT Funded Trader offers a distinctive feature in its sector by providing traders with the flexibility of initiating profit withdrawals as early as three trading days after the first trade. 

They offer both 1-step and 2-step challenge options, with the latter including variations like GOAT and Classic that impact leverage and drawdown limits. 

The trading platforms include Match Trader and MT4 (PC). 

Additionally, they boast no consistency rules, zero commission on indices and Crypto CFDs, and raw spreads starting from 0.0 pips.

## About Goat Funded Trader

### Legal Company name:

**Wishes Tower International SL**

### Company address:

**Calle Perez Galdos 32, 35002, Las Palmas, Spain**

### Year of establishment:

**May 2023**

### Place of company registration:

**Spain**

### Company owners:

**CEO: Edoardo Dalla Torre**

## Trading platforms offered:

- Match Trader
- MT4 (PC)

## Trading instruments available:

- Forex
- Commodities
- Indices
- Equities
- Crypto

## Payment methods available:

- Credit/Debit Card
- Crypto

## Range of account sizes offered:

- 5k, 8k, 15k, 25k, 50k, 100k, 200k, and 400k accounts **for 2 Steps No Time Limit or 2 Steps Classic Evaluation**
- 8k, 15k, 25k, 50k, 100k, and 150k accounts **for Goat 2 Steps Evaluation**
- 15k, 25k, 50k, 100k, and 200k accounts **for One Step Evaluation**

## Profit split structure:

- Up to 95% profit split after passing both steps of the challenge

## Profit targets for each challenge phase:

**1-step challenges:**

- Target profit: 10%

**2-step challenges:**

- GOAT option: 8% (Step 1), 6% (Step 2)
- No Time Limit option: 8% (Step 1), 5% (Step 2)
- Classic option: 6% (Step 1 and 2)

## Maximum daily and total loss limits:

**1-step challenges:**

- Daily drawdown: 4%
- Maximum drawdown: 6%

**2-step challenges:**

- GOAT option: Daily drawdown: 4%, Maximum drawdown: 10%
- No Time Limit option: Daily drawdown: 5%, Maximum drawdown: 8%
- Classic option: Daily drawdown: 3%, Maximum drawdown: 8%

## Minimum and maximum trading day requirements:

**1-step challenges:**

- Minimum trading days: 0

**2-step challenges:**

- GOAT option: Minimum trading days: 0
- No Time Limit option: Minimum trading days: 0
- Classic option: Minimum trading days: 0

## Overview of challenges and general rules:

GOAT Funded Trader offers multiple challenge options including 1-step and 2-step challenges with various evaluation types that affect leverage, drawdown limits, and profit targets. 

The challenges do not have a time limit, allowing traders flexibility in their evaluation process.

## Challenge steps:

**1-step challenges:** No time limit, 10% profit target.
**2-step challenges:**

- GOAT option: 8% profit target (Step 1), 6% (Step 2)
- No Time Limit option: 8% profit target (Step 1), 5% (Step 2)
- Classic option: 6% profit target (Step 1 and 2)

## Pricing/costs to start challenges:

- 15k: $170
- 25k: $230
- 50k: $339
- 100K: $590
- 200K: $1050

## Fees & commissions:

- $0 commission on cryptocurrencies and indices
- $5 per lot for commodities, forex, and metals

## Refundable fees details:

Eligible for a **120% refund** **on the third payout** if all challenge requirements and profit targets are met in the initial attempt.

## Payout frequency:

On demand after the first three trading days with a minimum of 3% profit on the account size balance.

## Leverage:

**Classic and No Time Limit Evaluations:**

- Forex, Metals, Oils: 1:100
- Gold: 1:80
- Indices and Commodities: 1:20
- Crypto: 1:2

**One Step Evaluations:**

- Forex, Metals, Oils: 1:30
- Gold: 1:30
- Indices and Commodities: 1:20
- Crypto: 1:2

## Consistency rule:

No consistency rule

## Commission per lot:

- $0 per lot for cryptocurrencies and indices
- $5 per lot for commodities, forex, and metals

## Customer support options and details:

- Email: support@goatfundedtrader.com
- Phone: +18556072069

## Trustpilot Reviews:

### Positive

(large number of positive reviews)

- **Affordable and Accessible:** The platform offers a funded account at a low cost, making it accessible even to traders from poorer countries. The rules are easy to follow, providing an opportunity for traders to start with minimal investment.
- **Successful Giveaways:** The firm runs successful giveaways, allowing traders to win challenge accounts and benefit from an excellent trading experience.
- **Reliable and Committed:** The firm has demonstrated reliability and commitment to traders' success, earning the trust of skeptical users.
- **Quick Support and Competitive Spreads:** The support response time is quick, and the firm offers competitive spreads and swap rates, enhancing the trading experience.
- **Timely Processing and Flexible Rules:** Challenge payments and login details are processed swiftly, with additional incentives like a free month of MTJ. The firm is known for its lack of unnecessary rules and offers second chances to traders, making it user-friendly.

### Negative

(small number of negative review)

- **Login Issues:** Some users experienced problems with logging in, such as getting stuck at the QR code access page, causing frustration and delays.
- **Unclear Trading Conditions:** There are complaints about strange conditions like balance counting from the previous day, leading to unexpected account deletions.
- **Swing Trading Restrictions:** The firm has rules that make swing trading difficult, such as breaching accounts if trades hit TP or SL during red folder news events, even if the trades were placed days before.
- **Platform and Support Issues:** Users reported problems with the trading platform, such as difficulty judging candle lengths and a lack of essential features like applying TP/SL. Additionally, there have been delays in receiving responses from customer support.
- **Migration Problems:** During the migration process, users experienced changes in account balances and profit shares, along with the inability to apply TP/SL, negatively impacting their trading experience.

## Frequently asked questions:

**Is GoatFundedTrader a broker?**
No, they offer simulated funded demo accounts after a one or two-step evaluation process.

**What evaluation plans are offered?**
5k, 8k, 15k, 25k, 50k, 100k, 200k, and 400k accounts for 2 Steps No Time Limit or 2 Steps Classic Evaluation; 8k, 15k, 25k, 50k, 100k, and 150k accounts for Goat 2 Steps Evaluation; 15k, 25k, 50k, 100k, and 200k accounts for One Step Evaluation.

**Can I trade news?**
No, trading on news is not allowed.

**Can I use Expert Advisors (EAs)?**
Yes, as long as they comply with the prohibited trading practices rule. High-frequency trading (HFT) strategies and Gold Arbitrage EA are not allowed.

**How is account inactivity calculated?**
Accounts inactive for 45 calendar days will be breached. If no login for 30 days, the account will be deleted.

**What is a GoatFundedTrader simulated funded account?**
It's a simulated account mimicking real market data, used for educational trading evaluations with potential compensation for successful strategies.

**What instruments can be traded?**
FX pairs and CFD indices, metals, commodities, equities, and cryptocurrencies.

**Which countries are not allowed to apply?**
Russia, Cuba, Sudan, Somalia, Iran, Lebanon, Syria, North Korea, Libya, Vietnam.

**What is the account leverage?**
Varies by evaluation type and instrument (detailed above).

**Is there a refund for the account purchase fee?**
Yes, eligible for a 120% refund on the third payout if challenge requirements and profit targets are met initially.

**How to receive a profit split up to 95%?**
Achieve at least 4% profit every month for 4 months in a row and request approval from the support team.

**Can I request a free retry?**
Yes, if you run out of time on Phase One while in profit.

**Who is the technological Partner?**
Match-Trade and Metatrader

**What Payment methods are accepted?**
Credit/Debit Card and Crypto

Finish your order for

Goat Funded Trader - 5K - 2 Steps - 80%