Founded in June 2023 and based in Hong Kong, Goat Funded Trader offers CFD evaluations and instant-funding programs for traders working with FX, metals, indices, energy, crypto, other commodities and stocks. Its listed account options range from 5K and 10K one-step accounts to a 400K Instant GOAT plan, with additional Instant Premium sizes from 5K to 150K. The firm lists cTrader, Match Trader, MT5, TradeLocker and Volumetrica FX as available platforms.
Evaluation process
Goat Funded Trader provides Instant, 1-Step, 2-Step and 3-Step models. The account list includes GOAT 1-Step plans and Instant Premium and GOAT plans, while the firm also documents Standard, Hero and GOAT Blitz variants. Evaluation minimum-day requirements vary by model: 1-Step and 2-Step evaluations require three profitable trading days producing at least 0.5% each, whereas the 3-Step evaluation has no minimum trading-day requirement. Funded accounts generally require four profitable days at 0.5% per day, with different requirements for instant models.
Rules and risk controls
News trading is allowed, but trades opened or closed within five minutes of high-impact news may generate no more than 1% of the initial balance in profit. EAs are permitted if compliant, although third-party EAs, HFT systems and Gold Arbitrage EA are prohibited. Copy trading between a trader’s evaluation accounts or between evaluation and funded accounts is not allowed; copy trading between the trader’s own funded accounts is allowed. Accounts become inactive after 30 consecutive days without activity.
Weekend holding is allowed, including for crypto, but the firm removes funded profits from trades opened during the final three hours of Friday and closed during the first three hours of Monday. Other restrictions include hedging, Martingale and grid-recovery systems, excessive margin use and duplicating trades or trade ideas across accounts.
Payouts and platforms
Payout schedules depend on the program. Instant Hero pays bi-weekly with a 90% split, Instant Premium pays every 10 days with an 80% split, and Instant GOAT pays bi-weekly with an 80% split or 100% with the add-on. One-Step, Two-Step, Three-Step and GOAT Blitz accounts pay bi-weekly with an 80% split or 100% with the add-on. The first two payouts are capped at 6% of the initial balance or $10,000, whichever is lower, and the minimum payout is $100.
Who it suits
The range of evaluation formats may suit traders who want either a staged assessment or immediate access. It is less suitable for traders dependent on third-party EAs, signal services, aggressive short-duration strategies or unrestricted copy trading, because these practices are specifically restricted.