At GoatFundedTrader, we offer trading objectives to help you prove your discipline as a trader. With multiple product options to choose based on your experience, we are committed to provide you with the resources and support you need to succeed. Join us today to start your path towards success! Select the plan that best fits your goals and do not hesitate to reach out to our team if you have any doubts.
At GoatFundedTrader, we have clear and simple trading rules. Our trading rules have been developed to be straightforward, while also prioritizing risk management and consistency.
PHASE 1 PROFIT TARGET OF 7%
You are required in the Classic Challenge to achieve a profit target of 7% within a 30 calendar-day period while adhering to all trading rules. Instead, in the NO Time Limit Challenge the target is 8% with NO restriction on time. Your performance measurement period starts from the time of your first trade execution. A free retry is available if all rules are respected and you end the trading period in profit.
PHASE 2 PROFIT TARGET OF 5%
Upon successful completion of phase 1 (Classic Challenge), you will be required to achieve a profit target of 5% within a 60 calendar-day period while respecting all trading rules. Your performance measurement period starts from the time of your first trade execution. Instead, in the NO Time Limit Challenge the phase 2 target is still 5% but with No restriction on time.
NO MINIMUM TRADING DAYS
There are no minimum trading days requirements during the evaluation phases. Upon reaching the profit target, you will have access to the next phase.
NO TRADING RESTRICTIONS
You are allowed to trade your Prop Firm account with your strategy; we do not impose any limitations on your trading. However, we advise that you remain consistent and prioritize risk management for long-term success. Please ensure that you are aware of our trading rules before starting to trade.
OVERALL DRAWDOWN LIMIT OF 10%
Your account must not experience a drawdown of more than 10% on the initial size account balance. Be aware of your drawdown. You can keep track of it by logging into your Dashboard. Applied both on Classic & NO Time Limit Challenge.
DAILY DRAWDOWN LIMIT OF 4%
Your account on a Classic Challenge must not experience a drawdown of more than 4% on the initial daily starting balance, and this will be calculated every trading day. Instead in a NO Time Limit Challenge the Daily Drawdown is 5%.
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