Goat Funded Trader Prop Firm Review – What You Need to Know in 2025
Goat Funded Trader (GFT), founded in May 2023 and headquartered in the Canary Islands, Spain, with an operating branch in Hong Kong, is a proprietary trading firm led by CEO Edoardo Dalla Torre. Offering virtual funded accounts from $2,500 to $400,000, scalable to $2 million, GFT provides profit splits up to 95% and supports trading in forex, indices, commodities, and cryptocurrencies. With over $4.4 million in payouts, GFT has garnered a 4.2/5 Trustpilot rating from 3,200+ reviews.
Goat Funded Trader Best suited for:
- Beginners: Affordable fees starting at $17 and no minimum trading days.
- Intermediate traders: Flexible one-step, two-step, and three-step evaluations.
- Experienced traders: Instant funding and high profit splits up to 95%.
- Scalpers and swing traders: News trading and EAs allowed with no time limits.
Pros & Cons of Goat Funded Trader
Pros
High Profit Splits: Up to 95%, starting at 75%, with 40% on-demand or 80% after 30 days.- Low Fees: Challenges start at $17 for a $5,000 account, refunded with third payout plus 25% bonus.
- No Time Limits: Unlimited trading days for evaluations, except Lightning (7 days).
- Flexible Trading Rules: News trading, overnight, weekend holding, and EAs permitted.
- Scaling Plan: Accounts can grow to $2 million with 15%-40% balance increases every two months.
- Multiple Platforms: Match-Trader, TradeLocker, and MetaTrader 5 with tight spreads.
Cons
Weekend trading not available on most accounts:- Payout timelines may vary based on verification speed:
How Does Goat Funded Trader Work? (Step-by-Step Guide)
- Choose an account size & challenge type: One-step, two-step, three-step, or instant funding ($2,500-$400,000).
- Pass the evaluation: 5%-10% profit targets for one-step
- 8%/6% for two-step
- 5% per phase for three-step
- none for instant funding.
- Get funded: Trade a demo account via ThinkMarkets with real profit potential.
- Profit splits & payouts: 75%-95% split, first payout after 30 days or on-demand at 40%, then bi-weekly or weekly.
Goat Funded Trader Account Types & Funding Options
- Account sizes: $2,500 to $400,000, scalable to $2 million. Funding models: o One-Step: 10% profit target, 3% daily/6% trailing drawdown. o Two-Step: 8% then 6% profit targets, 4% daily/10% max drawdown. o Three-Step: 5% per phase, 5% daily/10% static drawdown. o Instant Funding: No evaluation, 8% daily/8% trailing drawdown, $2,500-$50,000. Profit splits: 75% default, up to 95% after four payouts or with add-on
- 40% on-demand or 80% after 30 days initially. Challenge fees: $17-$1,990, refunded with third payout plus 25% bonus.
Profit Targets & Payouts
- Profit targets: 5%-10% per phase
- none for instant funding or funded accounts.
- Payouts: Via bank transfer, crypto (USDT, BTC), or Rise, processed in 48-72 hours, $50 minimum.
- Payout frequency: First payout after 30 days or on-demand (40% split), then bi-weekly (80%-85%), weekly (90%-95%) after fourth payout.
- Maximum drawdown: 6%-10% overall.
- Daily drawdown limit: 3%-5% of starting balance, reset daily.
- Comparison: GFT’s 95% split is competitive, matching The 5%ers (100%) but surpassing FundedNext (95%)
- its 3%-5% daily drawdown is stricter than Topstep (2%-4%).
Leverage & Trading Conditions
- Leverage: Up to 1:100 for forex, 1:30 for metals/oil, 1:20 for indices, 1:2 for crypto
- may reduce to 1: 10 for risky trading.
- Lot size restrictions: None, but risk limits apply.
Allowed & Restricted Trading Strategies
Allowed Trading Strategies
- Scalping: Short-term trades on small price movements.
- Swing Trading: Holding positions for days or weeks.
- News Trading: Permitted, but profits capped at 1% of initial balance within 2 minutes of high-impact news.
- Overnight/Weekend Trading: Allowed across all programs.
- Expert Advisors (EAs): Supported, except Gold Arbitrage EAs.
Restricted Trading Strategies
- Arbitrage Trading: Exploiting price discrepancies or glitches.
- High-Frequency Trading (HFT): Ultra-fast trades measured in seconds.
- Hedging Across Accounts: Coordinating trades between accounts
- leading to bans.
- Inconsistent Trading: Vague rule often cited in payout denials.
- Exploiting Platform Errors: Taking advantage of glitches or delays.
How Long Does It Take to Get Funded by Goat Funded Trader?
- Challenge duration: Unlimited for most programs, 7 days for Lightning
- minimum 3 trading days per phase.
- Evaluation speed: One-step can take days
- two/three-step takes 1-4 weeks
- instant funding is immediate.
- User experiences: Fast funding within 3 days post-evaluation, but KYC delays reported.
How Long Has Goat Funded Trader Been Around?
Goat Funded Trader has been operating since May 2023, with over $4.4 million paid out. Its partnership with ThinkMarkets and a 4.2/5 Trustpilot rating from 3,200+ reviews build credibility, but its short history compared to The 5%ers (2016) or FTMO (2014) suggests caution.
Who Owns Goat Funded Trader? (Founder & Company Background)
Founder(s): Edoardo Dalla Torre, a former trader. Company headquarters: Canary Islands, Spain (Wishes Tower International SL, B44653145), with operations in Hong Kong (Wishes Tower International Limited, 76428795). Mission & vision: To empower traders with capital, flexible evaluations, and high profit splits, fostering long-term success. Regulatory status: Unregulated, partners with regulated broker ThinkMarkets for execution.
What Can You Trade with Goat Funded Trader? (Supported Markets & Assets)
Markets offered: Forex, indices, commodities, cryptocurrencies. Forex pairs: Major, minor, and exotic pairs (e.g., EUR/USD, USD/JPY). Indices & commodities: S&P 500, NASDAQ, gold, silver, oil. Crypto trading: Bitcoin, Ethereum, and select altcoins. Restrictions: No HFT, Gold Arbitrage EAs, or trading within 2 minutes of high-impact news (1% profit cap), hedging banned.
Does Goat Funded Trader Offer Education & Trader Support? (Learning Resources & Coaching)
Limited, “University” section with trading videos, guides, and a blog, plus one-month free access to My Trading Journal Software. Trader development: Performance analytics via dashboard, but no formal coaching. Coaching programs: None, support via community and customer service. Community & networking: Active Discord with strategy sharing and payout proofs.
How Good is Goat Funded Trader’s Customer Support? (Response Time & Availability)
Support channels: Live chat, email, Discord, 24/7 availability claimed. Response times: Mixed, typically hours, but delays reported for payout issues. Operating hours: 24/7 for email/Discord, live chat may be limited. Trader feedback: Praised for responsiveness.
Is Goat Funded Trader a Scam or a Legit Prop Firm?
Goat Funded Trader is a legitimate prop firm, verified by registrations in Spain (Wishes Tower International SL, B44653145) and Hong Kong (Wishes Tower International Limited, 76428795), a 4.2/5 Trustpilot rating from over 3,200 reviews, and over $4.4 million in payouts. Its partnership with ThinkMarkets adds credibility. However, concerns include payout denials for vague reasons like “inconsistent trading” or “gambling,” platform issues (slippage, connectivity), and transparency gaps on spreads and scaling. Some traders report delays (48-72 hours) or unresolved issues, with one alleging a $5,245 overpayment ignored since November 2024. Social media posts praise fast payouts (some in 3 minutes) but warn of risks.
Alternatives to Goat Funded Trader – How It Compares
- FTMO: Higher trust score (4.9/5), 90% split, but stricter news trading rules, no instant funding, and excludes US traders. The 5%ers: Up to 100% split, no crypto, excludes US traders, and more established (since 2016). FundedNext: 95% split, 15% challenge profits, but and no instant funding.
Final Verdict – Should You Trade with Goat Funded Trader?
Goat Funded Trader is best for traders seeking low-cost challenges, instant funding, and high profit splits up to 95%, with flexible rules supporting news trading, EAs, and crypto. Its no-time-limit evaluations, refundable fees with a 25% bonus, and scaling to $2 million are strong draws, backed by a growing Discord community and ThinkMarkets partnership. However, its short history since 2023, unregulated status common to the industry, concerns compared to established firms like FTMO or The 5%ers. Traders should research recent reviews, verify payout reliability via Discord proofs, and proceed balancing GFT’s innovative features against transparency and risks.
