Goat Funded Trader is dedicated to ensuring the success of traders by providing an outstanding 24/7 trading experience. The commitment includes responsive customer service, refundable fees, achievable profit targets, top-notch trading tools, competitive commissions, and tight spreads. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $400,000 and receive up to 95% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, stocks, and cryptocurrencies.
Who are Goat Funded Trader?
Goat Funded Trader is a proprietary trading firm with the legal name Wishes Tower International SL, which was incorporated on the 17th of May, 2023. They are located in the Canary Islands, Spain, and are being managed by CEO Edoardo Dalla Torre. Goat Funded Trader provides traders with the opportunity to choose between four account types, three two-step evaluations and an instant funding program while being partnered with ThinkMarkets as their broker.
Goat Funded Trader’s headquarters are located in the Canary Islands, Spain.
Who is the CEO of Goat Funded Trader?
Edoardo Dalla Torre is the CEO of Goat Funded Trader. Note that we will be adding more information about their CEO in the future. Stay tuned!
Goat Funded Trader’s Goat Challenge provides traders the opportunity to manage account sizes ranging from $5,000 up to $150,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Goat Challenge allows you to trade with up to 1:50 leverage.
Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 4% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to phase two, you are only required to reach the 8% profit target without breaching the maximum daily or maximum loss limit rules.
Evaluation phase two requires a trader to reach a profit target of 6% while not surpassing their 4% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. To proceed to funded status, you are only required to reach the 6% profit target without breaching the maximum daily or maximum loss limit rules.
By completing both evaluation phases, you are awarded a funded account where you have a 3% profit requirement only for your first payout. You must only respect the 4% maximum daily loss and 10% maximum loss rules. Your first payout is on-demand after you manage to generate a 3% profit on your funded account, while all other withdrawals can be submitted on a monthly basis. Your profit split will be 80% up to 95% based on the profit you make on your funded account. Keep in mind that if you decide to request your first profit split on-demand, you will be eligible for a 40% profit split. However, if you request it after 30 calendar days, you will be eligible for an 80% profit split.
Goat Challenge Scaling Plan
The Goat Challenge also has a scaling plan. You will receive an account increase, profit split increase, monthly salary, as well as daily and maximum drawdown increases based on the number of payouts you successfully qualify for while funded.
Example:
After a minimum period of 2 months and 4 successful payouts, you will qualify for a 15% increase based on the initial account balance. Maximum daily drawdown and maximum drawdown increase by 1%.
After a minimum period of 4 months and 6 successful payouts, you will qualify for a 30% increase based on the initial account balance. Maximum daily drawdown and maximum drawdown increase by 1%. Your profit split is 90% and can be requested on a weekly basis. You will also be receiving a free challenge if you fail your current one.
After a minimum period of 5 months and 10 successful payouts, you will qualify for a 40% increase based on the initial account balance. Maximum daily drawdown and maximum drawdown increase by 1%. Your profit split increases to 92% and can be requested on a weekly basis. You will also be receiving a free challenge if you fail your current one. Additionally, you will be receiving a $300 monthly salary if you are managing account sizes between $5k to $50k and a $500 monthly salary if you are managing account sizes of $100k and $200k.
After a minimum period of 6 months and 15 successful payouts, you will become a Goat Trader and qualify for on-demand payouts. Maximum daily drawdown and maximum drawdown increase by 1%. Your profit split increases to 95% and can be requested on a daily on-demand basis. You will also be receiving a free challenge if you fail your current one. Additionally, you will be receiving a $300 monthly salary if you are managing account sizes between $5k to $50k and a $500 monthly salary if you are managing account sizes of $100k and $200k.
Goat Challenge Trading Rules & Objectives
Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 8%, whereas Phase 2 requires reaching a profit target of 6%. Funded accounts do not have any specified profit targets.
Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 4%. (Scaleable up to 8%)
Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 10%. (Scaleable up to 14%)
Conclusion
In conclusion, Goat Funded Trader is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose between four funding programs: the Goat, No Time Limit, and Swing Challenge, which are a two-step evaluation, and Instant Funding, which is a direct funding program.
Goat Funded Trader’s Goat Challenge is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 80% up to 95% profit splits. Traders must reach profit targets of 8% in phase one and 6% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 4% maximum daily and 10% maximum loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during both evaluation phases, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the Goat Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance.
Goat Funded Trader’s No Time Limit Challenge is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 80% up to 95% profit splits. Traders must reach profit targets of 10% in phase one and 5% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 10% maximum loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during both evaluation phases, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the No Time Limit Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance.
Goat Funded Trader’s Swing Challenge is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 80% up to 95% profit splits. Traders must reach profit targets of 10% in phase one and 6% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 4% maximum daily and 12% maximum loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during both evaluation phases, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that Swing Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance.
On the other hand, Goat Funded Trader’s Instant Funding is a direct funding program that allows traders to skip the evaluation altogether and start earning 65% up to 95% profit splits from the start. Traders have no profit target requirements, with a 4% maximum daily and 8% maximum trailing loss rules, which are realistic trading objectives. Regarding time limitations, you have no minimum or maximum trading day requirements, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that Instant Funding features a scaling plan, providing you with the opportunity to increase your initial account balance.
I would recommend Goat Funded Trader to individuals seeking a reputable proprietary trading firm that provides exceptional trading conditions catering to a diverse range of individuals with unique trading styles. They provide traders with favorable features, such as an unlimited trading period, no minimum trading day requirements, a scaling plan for daily and maximum drawdown, first payout on-demand, and multiple add-on features. After considering everything Goat Funded Trader has to offer to traders all across the globe, they are indeed a desirable choice within the prop trading industry.
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