Find quick and clear answers to common queries about our challenges, services, and policies. Your satisfaction is our priority, and we're here to ensure your experience with us is smooth.
Currently, we offer 8k, 15k, 25k, 50k, 100k and 200k accounts for both 2 Steps No Time Limit or 2 Steps Classic Evaluation and we offer 15k, 25k, 50k, 100k and 200k accounts for One Step Evaluation.
Yes, you are allowed to trade on news.
Yes, you can trade cryptos during the weekend.
Yes, you can hold trades over the weekend.
While we highly encourage utilizing stop losses and take profits as part of disciplined risk management, we do not make them mandatory.
At Goat Funded Trader, we maintain a maximum daily drawdown of 5% for Not Time Limit Evaluations and 4% for Classic and One Step Evaluations.
Daily drawdown is calculated using the daily starting balance which is the balance in your simulated account at 5pm EST.
Example (5%): If your Daily Starting Balance (i.e., the previous day’s balance at 5 PM EST) was $100,000, your simulated account would violate the daily drawdown limit if your equity reached $95,000 during the day.
Even if you are profitably trading throughout the day and your simulated account balance increases, your daily drawdown will not change until 5 PM EST. This rule applies to evaluations of both evaluation types Classic and No Time Limit and simulated funded accounts.
At Goat Funded Trader, we offer three evaluation options with different evaluation rules. Please see the different rules below, which includes the classic evaluation, the no time limit evaluation and the one step evaluation:
1- Classic Evaluation:
• We maintain a maximum Overall Drawdown of 10%.
• The maximum overall drawdown is calculated using the starting balance of your evaluation or simulated funded account size.
• Example: If your account size balance was $100,000, your account would violate the maximum overall drawdown limit if your equity reached $90,000.
• This 10% maximum overall drawdown rule remains the same throughout the evaluation process and in simulated funded accounts.
This 10% does not change. In this example if you have gained $5,000 in profit on the $100,000 account, your overall drawdown limit would still be set at $90,000. This rule applies for evaluation and simulated funded account
2- No Time Limit Evaluation:
• We maintain a maximum Overall Drawdown of 8%.
• The maximum overall drawdown is calculated using the starting balance of your evaluation or simulated funded account size.
• Example: If your account size balance was $100,000, your account would violate the maximum overall drawdown limit if your equity reached $92,000.
• This 8% maximum overall drawdown rule remains the same throughout the evaluation process and in simulated funded accounts.
This 8% does not change. In this example if you have gained $5,000 in profit on the $100,000 account, your overall drawdown limit would still be set at $92,000. This rule applies for evaluation and simulated funded account.
3- One Step Evaluation:
• We maintain a maximum Overall Drawdown of 6%.
• The maximum overall drawdown is calculated using the starting balance of your evaluation or simulated funded account size.
• Example: If your account size balance was $100,000, your account would violate the maximum overall drawdown limit if your equity reached $94,000.
• This 6% maximum overall drawdown rule remains the same throughout the evaluation process and in simulated funded accounts.
This 6% does not change. In this example if you have gained $5,000 in profit on the $100,000 account, your overall drawdown limit would still be set at $94,000. This rule applies for evaluation and simulated funded account.
There are no minimum trading days requirements during the evaluation for both phases one and two.
However if you purchased your simulated account before August 13th 2023, to be eligible for payout on your first simulated funded month, you need to trade a minimum of 10 days, which do not need to be consecutive.
If you purchased after August 13th 2023, there are no minimum trading days.
You are not able to merge Evaluation accounts or simulated Funded Accounts that have started trading or are greater than $400,000.
You are allowed to merge your simulated Funded Accounts that have not yet traded and are below $400,000.
If any breach or prohibited practice violation is detected on your account, that account will be suspended and rendered ineligible for future payouts.
You will be able to purchase a new account at a discounted price.
The maximum capital you can collect is $800,000 on simulated funded accounts.
For Classic and No Time Limit Evaluations, the leverage will be up to 1:100 in Forex, Metals, Oils; 1:80 leverage on Gold; 1:20 leverage on Indices and commodities; and 1:2 leverage on digital currencies.
For One Step Evaluations, the leverage will be up to 1:30 in Forex, Metals, Oils; 1:30 leverage on Gold; 1:20 leverage on Indices and commodities; and 1:2 leverage on digital currencies.
Yes, you can use them as long as the EAs comply with the prohibited trading practices rule.
However, you are not allowed to use high-frequency trading (HFT) strategies and Gold Arbitrage EA.
Utilize one strategy to pass an assessment and then utilizing a different strategy in a simulated funded account, refers only to the use of EA in assessment and manual trading in simulated Funded stage and vice versa, as determined by GoatFundedTrader in its sole discretion
Hold a Single Share Equity CFD position into an earnings release pertaining to that underlying equity. To avoid being in breach of this rule, you must close all such Single Share Equity CFD positions by 3:50 pm Eastern Time on the day of the release, if an aftermarket release, or on the preceding day, if a before market open release. Violation of this rule will constitute an immediate, hard breach of your account and any gain or loss on said position will be removed from any profit calculations
If Goat Funded Trader detects that your trading constitutes Prohibited Trading Practices, your participation in the program will be terminated and may include forfeiture of any fees paid to Goat Funded Trader. Additionally, and before you shall receive a simulated funded account, your trading activity under these Terms and Conditions shall be reviewed by Goat Funded Trader to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, you shall not receive a simulated funded account or, if trading already trading in a simulated funded account, we may close that account, in which case you will forfeit any profits therein.
Go at TOOL LINK to calculate your Position Size with our calculator.
Go to REFUND POLICY to discover more.
If your account is inactive for 45 calendar days, it will be breached, both on Evaluation and simulated Funded Accounts.
Upon successfully passing the evaluations and receiving their certificate, contractors will be granted new credentials to access a simulated Funded Account (Simulation) that is funded with virtual funds. It's essential to note that this simulated Funded account is entirely simulated and mimics real market data and clearing from liquidity providers. The trading data is managed and sent to a partnered proprietary trading firm based on strategies that are managed within our risk management team. The trading firm copies trades at their own discretion, utilizing proprietary risk management techniques and aggregated orders. We never issue real funds, and members are paying a fee for an educational trading evaluation with an opportunity for their strategies to be copied and receive compensation as an independent contractor. It's important to clarify that we are not a broker.
We currently do not accept clients from Russia, Cuba, Sudan, Somalia, Iran, Lebanon, Syria, North Korea, Libya, Pakistan, Vietnam.
If you purchased before August 13th, 2023:
You will be eligible for your first payout after 30 days from your first trade with a minimum of 10 trading days. After the first payout, you will be paid bi-weekly (14 days). To withdraw gains from your simulated account you will need to log into your Dashboard and ask for payout.
If you purchased after August 13th, 2023, It's ON DEMAND:
You will be eligible for your first payout after 24 hours from your first trade. After the first payout, you will be paid on a monthly basis (every 30 days), but you also have the possibility to access your subsequent payouts bi-weekly (every 14 days) by selecting the add-on while purchasing your challenge.
Note that to have access to your first ON DEMAND payout, you need to be at least up 2% on your account. The above only applies for both Classic and No Time Limit Evaluations.
For One Step Evaluations, you will be eligible for your first payout after 30 days from your first trade. After the first payout, you will be paid bi-weekly (14 days). To withdraw gains from your simulated account you will need to log into your Dashboard and ask for payout.
if you purchased before August 13th, 2023:
Your first payout could be requested after 30 days from your first trade on the simulated funded account. Your second, third and fourth payout can be asked bi-weekly (14 days). At fifth payout, you access the GOAT payouts which can be requested weekly (7days).
If you purchased after August 13th, 2023:
Your first payout could be requested after 24 hours from your first trade on the simulated funded account if you are at least up 2% in profit. Subsequently, you will receive your payout on a monthly basis (every 30 days), but you also have the possibility to access your payouts bi-weekly (every 14 days) by selecting the add-on while purchasing your challenge.
Please note that the minimum 2% profit applies only for the first payout.
The above only applies for both Classic and No Time Limit Evaluations.
For One Step Evaluations, your first payout could be request after 30 days from your first trade. After the first payout, you will be paid bi-weekly (14 days).
Upon submitting your payout request, kindly note that it may take up to 72 hours to receive your payout.
If you made a purchase before August 13th, 2023:
Withdrawal requests can be initiated from your dashboard and will be processed within 48 to 72 business hours. The minimum withdrawal amount is $50.
If you made a purchase after August 13th, 2023:
Withdrawal requests can be initiated from your dashboard and will be processed within 48 to 72 business hours. To request your first payout, your simulated account must have achieved a minimum of 2% in profit. Subsequent payout requests must meet a minimum withdrawal amount of $100.
After you have submitted your payout request, you will receive an email from our support team to collect the necessary information for payment. You will need to provide the following information:
For WISE withdrawals:
WISE e-mail Address: (needs to be the same as your registered e-mail with GFT)
Language:
Full name:
For USDT (ERC20) withdrawals:
USDT (ERC20):
For Wire/International Bank Transfer:
Recipient Bank Name:
Bank Address:
Recipient Bank's Routing Code:
Swift Code:
IBAN:
Account Number:
Your Full Address:
For Paypal withdrawals:
Paypal Email:
We offer multiple payout options, including WISE, Crypto (USDT), Paypal and Wire/International Bank Transfer. Please note that we reserve the right to decide at our discretion which type of payment method will be used to pay the gains made on the account. Ensure that all information provided is accurate, as incorrect details may result in payment delays or losses. Additionally, it is mandatory to provide at least two out of the four required payment methods.
1. Wise Account Registration
• If you do not currently have a Wise account registered with the same email address as your GFT account, we recommend creating one on the Wise website. Please ensure that you use your GFT registered email during the Wise account registration process.
2. Email Matching
• If you already have a Wise account but it is registered with an email address different from your GFT registered email, we kindly advise you to update your Wise account email to align with your GFT email. This step is essential for a seamless payout experience.
3. Existing Wise Account
• If your Wise account is already associated with the same email address as your GFT registered email, there is no need for any further action on your Wise account.
4. No Existing Wise Account
• If you do not have a Wise account and you provide your GFT email for a payout, Wise will send you an email when the payout is initiated by us. You will be required to follow the instructions in that email to receive the payout.
Ensuring the synchronization of your Wise account email with your GFT registered email is crucial for a smooth and efficient payout process. Thank you for your cooperation.
Yes, you will be eligible for a 100% refund at your first payout.
Receive 75% profit split at the first payout, 80% at the second payout, 85% at the third payout, 90% at the fourth payout and 95% just in some cases of traders profitability reviewed by GoatFundedTrader Team (go to the specific FAQ).
Note that it is also possible to start with a 90% profit split by selecting the add-on while purchasing your challenge.
If you earn at least 4% profit every month for 4 months in a row, you can request a profit split of up to 95%. To do this, contact our support team and wait for their approval. However, meeting the profitability requirement does not guarantee approval, as other factors may also be considered.
Once you get your simulated funded account, the Certificate will be available on Dashboard.
FX pairs and CFD indices, metals, commodities, equities and cryptocurrencies.
Anytime you fail the evaluation, you get a 10% discount on same challenge size or bigger.
You will automatically receive phase 2 credentials by email within 24 business hours (available also on Dashboard).
Upon successful completion of Phase 2, our traders' trading accounts enter a review process that typically spans up to 48 hours. During this time, traders will receive two distinct emails.
The first email will be sent through Docusign, where traders will be required to electronically sign our trader agreement contract. Simultaneously, traders will receive another email instructing them to complete the necessary KYC (Know Your Customer) documentation via Sumsub. This KYC process may take an additional 24 hours.
Once the trader agreement contract has been duly executed and the KYC documentation is successfully completed, traders will be provided with their simulated live account credentials. Therefore, the entire process, from completing phase 2 to receiving the account credentials, can take a total of 72 hours.
The profit target for phase One is 8% and for phase Two it is 5%. (No Time Limit Challenges)
The profit target for phase One is 7% and for phase Two it is 5%. (Classic Challenges)
The profit target for One Step Evaluations is 10%.
The evaluation starts the day you take your first trade.
For Classic Evaluation you have 30 calendar days to complete phase 1 and 60 calendar days to complete phase 2.
For No Time Limit and One Step Evaluations you can trade on your account until you reach the profit target.
A trading day is only counted when you open a trade on that day and it goes from 5pm EST to 5pm EST.
If you run out of time on Phase One while in profit, you will receive a free retry.
You qualify for a 100% fee back by successfully reaching your first payout while meeting all challenge requirements and profit targets in your initial attempt. Clients who achieve challenge requirements but not the profit target and receive a free retry are excluded from this 100% fee back on first payout as they have already benefited from the bonus offer.
We offer the latest version of the trading platforms offered by ThinkMarkets
Yes, hedging within an account is certainly allowed. Keep in mind that hedging a position helps to reduce the required margin as MetaTrader is a netting platform.
Please note that is not allowed to hedge positions across multiple accounts and doing so would constitute a hard breach of the account. Further, note that Hedging is not allowed during certain news events outlined in the “Restricted News” section.
You can find a full list of upcoming news events at www.forexfactory.com. We specifically restrict Hedge trading around high impact events, as indicated by the red impact icon, and these events are considered Restricted News Events.
Technology powered by ThinkMarkets.
All trading accounts linked to our GoatFundedTrader challenges must be operated solely by the account owner and must not be modified once a phase has been completed.
Kindly note that sharing login information with other traders is strictly prohibited. Therefore, we strongly discourage accessing any trading account through VPN or VPS to ensure accurate data tracking within our internal systems.
The utilization of any services related to account management, "pass your challenge," or copy trading is strictly forbidden. Any engagement in such activities will result in the rejection of funded accounts and a permanent ban from our services.
Any violations of the aforementioned guidelines, as detected by our system, will lead to account breaches and a permanent ban from accessing our services.
Our Affiliate program offers an attractive compensation structure that rewards you based on the number of clients you refer. Here's a breakdown of the tiers:
Tier One: From the moment you start, you'll earn an 8.5% return on the activities of your first 50 referred clients.
Tier Two: Once your referrals exceed 50 and reach 51 to 100 clients, your compensation rate increases to 12%.
Tier Three: After surpassing the 100-client mark, your compensation climbs to an impressive 15% return on their engagements.
To become an affiliate, ensure you've purchased an account with us and have a client account. Afterward, access your client area and locate the "Affiliate Portal." Inside the portal, submit a request to become an affiliate. Our team will review your application in the next 24 to 48 hours and provide you with acceptance confirmation. Once accepted, you'll gain access to the tools needed for your affiliate activities. This is your opportunity to start earning rewards by referring clients to us.
Our commission structure involves a flat fee of $5 per lot for cryptocurrencies, indices and commodities. For forex and metals, the flat fee is $7 per lot.
You have the possibility to access your payouts bi-weekly (every 14 days) by selecting the add-on at the cheackout while purchasing your challenge.
You also have the possibility to access 90% gain split from your first payout by selecting the add-on at the checkout while purchasing your challenge.
The GOAT Fidelity Program is an exclusive rewards program designed to show appreciation to our valued customers. It offers various benefits to those who have purchased multiple challenges with us.
You have the possibility to access your payouts bi-weekly (every 14 days) by selecting the add-on at the checkout while purchasing your challenge.
You also have the possibility to access 90% gain split from your first payout by selecting the add-on at the checkout while purchasing your challenge.
Customers who have purchased at least 4 challenges from us are eligible to participate in the program.
The program offers two main benefits:
Benefit 1: 50% Discount on Preferred Challenge Size
If you have purchased 4 or more challenges, you are entitled to a 50% discount on the challenge size that you have purchased the most. For instance, if you have bought 2x8k, 1x15k, and 1x25k challenges, you will receive a 50% discount on the 8k challenges.If two different sizes have been purchased an equal number of times, you will receive the free challenge in the smallest size.
Benefit 2: Free Challenge
When you purchase a total of 9 challenges with us, you earn a free challenge as your 10th reward. This free challenge will work similarly to the 50% discount benefit. The size of the free challenge will be determined by the size of the challenge that you have purchased the most. If two different sizes have been purchased an equal number of times, you will receive the free challenge in the smallest size.
It is important to note that this is only valid for purchases made after the September 14th 2023. To claim the benefit, you need to contact the live chat at your fourth and ninth purchase. This is not automatically done, we are doing it case by case.
We accept credit/debit Card, crypto, PayPal.
You will receive your credentials in a delay of a maximum of 24 business hours after your purchase.
You will receive it automatically by email after your purchase.