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Goat Funded Trader Verified

@goat-funded-trader Founder & CEO Edoardo Dalla Torre

Static drawdown, tight limits, very low fees

20 Views GB Country 2023 Founded

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Trust score PRELIMINARY

6.59 /10

Preliminary · Good trust band

1 published review 1 verified 5 payout proofs
Rating Volume Payouts Checks Conduct

Trust summary

Good

Goat Funded Trader scores 6.59 out of 10 — good. It rests on 1 published review and 5 approved payout proofs, which is a thin record. Treat the figure as provisional.

View full trust breakdown
Challenges from
$36
Max funding
$200K
Profit split
80%
Max drawdown
6%
Max leverage
1:100
Payout cycle
Every 2 weeks

Overview

Seven programme types and some of the cheapest entry prices anywhere. The drawdown floor is fixed, but the daily and overall limits are tighter than most.

What we like

  • Among the cheapest entry prices in the sector
  • Static drawdown — the loss floor never trails your equity
  • Seven programme types including instant funding and pay-later
  • Allocation up to $400,000
  • News trading and weekend holding both permitted

What to watch

  • 6% overall drawdown is tight, even for a static model
  • 4% daily limit leaves little room on a bad open
  • The advertised 100% split requires a paid add-on
  • $3,000 daily profit ceiling on funded accounts
  • Saint Lucia registration offers limited recourse

Challenges & pricing

Targets & limits by challenge

Challenge Profit target Daily drawdown Max drawdown
2-Step Standard 2-Step 8% / 5% 4% 6%

Pricing by account size

“Cost per $1K” is the evaluation fee divided by buying power — the only fair way to compare challenge prices across different account sizes.

2-Step Standard Most popular

2-Step Evaluation · 80% split · 6% max drawdown

$36 – $998
Account size Price Cost per $1K Phase 1 target Phase 2 target Daily drawdown Max drawdown
$5K $36 $7.20 8% 5% 4% 6%
$10K $66 $6.60 8% 5% 4% 6%
$25K $148 $5.92 8% 5% 4% 6%
$50K $248 $4.96 8% 5% 4% 6%
$100K $498 $4.98 8% 5% 4% 6%
$200K $998 $4.99 8% 5% 4% 6%

What's allowed

What you may do with the account, and what the account comes with.

Expert advisors (EAs)

Automated strategies and bots

Allowed

High-frequency trading

Scalping and latency-sensitive strategies

Not allowed

Copy trading

Mirroring trades across accounts

Not allowed

News trading

Holding through high-impact releases

Allowed

Weekend holding

Carrying positions over the weekend

Allowed

Martingale

Adding to a losing position to recover it

Not allowed

Crypto instruments

Trading crypto pairs

Allowed

What the account comes with

Consistency rule

Caps how much of your profit may come from a single day

No

Refundable fee

Evaluation fee returned on first payout

Yes

Free retry

A second attempt at no cost if you breach

No

Scaling plan

Account grows as you stay profitable

Yes

Free trial

Try the platform before paying for an evaluation

No

The rules in full

Quoted from Goat Funded Trader's own terms — check the current version before you trade.

The clauses that decide whether you keep the account. Quoted from Goat Funded Trader's own terms — check the current version before you trade.

7 rules here break the account

Breaking one of these fails the evaluation or voids a payout outright.

General

  • The 100% split is a paid add-on, not the default

    Watch out

    The base account pays 80%. Reaching 100% means buying the upgrade at checkout, so compare the total cost against firms that include a higher split as standard.

Risk & drawdown

  • Static drawdown of 6%

    Breaks the account

    Loss limit is fixed against the starting balance for the whole evaluation. Breaching it ends the account immediately, whether or not the position later recovers.

  • Daily loss limit of 4%

    Breaks the account

    Measured from the balance at the daily reset. Floating losses on open positions count toward it the moment they occur, not when the trade is closed.

Trading style

  • News trading is permitted

    You may hold through high-impact releases. Spreads widen and slippage counts toward your loss limits, so the risk is yours rather than the rule's.

  • Expert advisors are allowed

    Automated strategies may be used, provided they do not exploit latency, pricing errors or the demo feed.

  • Positions may be held over the weekend

    Weekend gaps count toward your drawdown in full. Swap charges apply from Wednesday.

Instruments

  • Crypto trades at reduced leverage of 1:2

    Crypto is available outside market hours, but at a fraction of the leverage offered on FX and it is excluded from any news-trading exemption.

  • Maximum leverage of 1:100

    This is the headline figure and applies to FX. Indices, commodities and crypto are each capped lower — see the instruments table for the class you trade.

Payouts

  • Funded accounts cap credited profit at $3,000 a day

    Watch out

    An exceptional day is not lost, but it is credited across the payout cycle rather than in one line. Worth knowing before you size a position for a news event.

  • Payouts every 14 days

    The cycle runs from your last approved request, not from the calendar month. A request made early resets the clock rather than bringing the next one forward.

  • First payout after 14 days

    Watch out

    Counted from the day the funded account is issued. Completed KYC is required before the first request is released.

  • A rule breach voids the payout attached to it

    Breaks the account

    Requests are reviewed against the trading rules before release. A confirmed breach voids that payout, and repeat breaches close the account.

Account management

  • One funded account per trader

    Breaks the account

    Accounts linked by identity documents, payment method, IP address or trading pattern are treated as one. Undisclosed duplicates are closed and their profit forfeited.

  • The account may not be shared or managed by anyone else

    Breaks the account

    You must trade the account yourself. Handing credentials to a third party, including an account manager, ends the arrangement.

Prohibited practices

  • High-frequency and latency arbitrage are prohibited

    Breaks the account

    Strategies that depend on execution speed, price-feed delay or tick scalping are treated as exploiting the platform rather than trading it.

  • Copy trading between accounts is not allowed

    Breaks the account

    Mirroring trades across accounts, your own included, is grounds for closure of every linked account.

  • Martingale and grid strategies are prohibited

    Watch out

    Doubling into a losing position, or layering a grid without a defined stop, counts as a prohibited risk strategy.

Instruments and assets

What is on the platform, at what leverage, and at what cost.

Assets

Forex Indices Crypto Gold & metals Stocks Commodities Futures

Conditions by asset

Leverage and commission differ by asset class — the headline figure rarely applies to everything.

Leverage and commission differ by asset class — the headline figure rarely applies to everything.

Instrument Max leverage Typical spread Commission
Forex 1:100 0.2 pips $7.00 / lot
Indices 1:20 0.4 pips Commission free
Crypto Trades around the clock, including weekends 1:2 25 pips 0.1%
Gold & metals 1:50 0.25 pips $5.00 / lot
Commodities 1:20 0.3 pips $3.50 / lot

Not offered: Stocks, Futures

Restricted countries

Check before you pay — a challenge fee is rarely refunded for this.

Goat Funded Trader does not accept traders resident in these 9 countries. Check before you pay — a challenge fee is rarely refunded for this.

  • Afghanistan
  • Belarus
  • Cuba
  • Iran
  • Myanmar
  • North Korea
  • Russia
  • Syria
  • Venezuela

Restrictions change without much notice and often depend on where you are resident rather than your nationality. Confirm with Goat Funded Trader directly if you are close to the line.

Trust breakdown

How the score in the panel above is arrived at.

  • Rating 100/100 · 35% of the score
  • Volume 13/100 · 15% of the score
  • Payouts 25/100 · 20% of the score
  • Checks 60/100 · 15% of the score
  • Conduct 100/100 · 15% of the score

Rating is the star average. Volume is a confidence curve on how many reviews there are — it saturates, so review 300 counts for far less than review 3. Payouts counts approved payout proofs, the hardest evidence available. Checks counts platform-side disclosures. Conduct starts full and is reduced by upheld complaints.

Trader reviews

1 published · 0 verified

5.0

1 reviews · 0 verified

5 ★
1
4 ★
0
3 ★
0
2 ★
0
1 ★
0

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30 Jul 2026 · $25K account · 384 rep

Genuinely fair drawdown rules

Coming up on three months with this one. Spreads on EURUSD sat about where they said they would, even into the cash open. No minimum trading days, so the first phase took six days instead of a month of waiting. I would buy another account here.

Pros

  • Responsive live chat
  • Good spreads on gold

About the firm

In their own words

The firm's own description of itself.

Goat Funded Trader launched in May 2023 and competes almost entirely on price and choice. It runs seven programme types — 1-step, three flavours of 2-step, 3-step, instant funding and a pay-later model — and a $5,000 evaluation starts at $36. The drawdown model is static, which is the trader-friendly choice, but the limits themselves are tight: 4% daily and 6% overall on the standard path, against FTMO's 5% and 10%. A fixed floor at 6% is not obviously better than a trailing one at 10%, and which suits you depends entirely on how much you drawdown before you find your footing. The 80% base split rises to 100% through paid add-ons, which is worth reading carefully — a 100% split advertised on the front page is usually a 100% split you have paid extra for.

Leadership

Edoardo Dalla Torre

Founder & CEO

Founded Goat Funded Trader in May 2023 and has led it since. The firm operates from Saint Lucia with a European operations base.

A named, findable person is one of the few cheap signals that a firm is a real company.

Company details

Founded
2023
Headquarters
Rodney Bay, Gros-Islet, Saint Lucia
Registered in
GB

Pay with

Visa Mastercard Bank transfer

Get paid via

Bank transfer Bitcoin USDT (TRC-20) rise Rise

FAQ

Not automatically. Static means the floor never moves, which protects your gains. But 6% of the starting balance is a smaller absolute buffer than 10%, so if you tend to drawdown early before finding your rhythm, the wider trailing limit may actually survive longer.
On funded accounts, profit credited in a single day is capped at $3,000 for payout purposes. It does not close your trades — it spreads an exceptional day across the payout cycle.
No, and the base terms are already competitive. The add-ons raise the split toward 100% and loosen some limits, but they are a real cost — compare the total against a firm whose headline terms already include what you are buying.

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