Goat Funded Trader is a proprietary trading firm established in 2023, offering a variety of funding opportunities for traders to access capital and develop their trading careers. The firm provides several account sizes, ranging from $2,500 to $200,000, and caters to both beginner and experienced traders by offering a range of flexible evaluation programs, including a recently launched “Instant Funding.”
About Goat Funded Trader
Based in Spain and operating globally, Goat Funded Trader supports traders in over 180 countries. The firm has paid out more than $3.2 million to its traders and has rapidly grown its community to over 27,000 members. It focuses on building an inclusive trading environment with minimal barriers to entry and offers competitive trading conditions, such as low commissions, tight spreads, and quick payouts. The firm uses in-house developed technology to provide a seamless trading experience.
Understanding the Instant Funding Account
The new Instant Funding is a unique offering by Goat Funded Trader, providing traders with immediate access to funding. Here’s a detailed look at what this entails:
- Pricing and Account Options: Traders can choose from several account sizes depending on their capital requirements and trading strategies:
- $2,500 Account: $98
- $5,000 Account: $198
- $10,000 Account: $398
- $20,000 Account: $798
- $50,000 Account: $1,898
- These options allow traders to start with lower stakes or opt for more substantial accounts to match their trading ambitions. The structure is designed to be accessible and flexible, catering to both new and experienced traders.
- Flexible Payouts and Profit Split: One of the standout features of the Instant Funding is its “Triple Payday Payout” schedule. Unlike many firms that provide monthly or bi-weekly payouts, Goat Funded Trader allows traders to receive payouts every 10 days. This feature provides quicker access to profits and can be especially appealing to traders who rely on frequent liquidity.The profit split ranges from 65% to 95%, depending on the trader’s performance and the account type. This high profit-sharing ratio rewards consistent and successful traders while maintaining a strong incentive structure.
- Leverage and Risk Management Rules: The Instant Funding offers leverage up to 1:50, which enables traders to maximize their positions while managing their risk exposure. The program also includes several risk management measures:
- No Profit Targets: Traders are not required to meet specific profit targets, which allows for more flexibility in trading strategy.
- Daily Drawdown Limit of 4%: A daily drawdown limit helps traders maintain discipline and manage risk effectively.
- Scaling Every 10% Profit: The account size scales up every time a trader achieves a 10% profit, encouraging consistent performance.
- 8% Smart Max Drawdown: A maximum drawdown cap ensures that the risk is kept within manageable limits.
- Additional Features: Traders participating in the Instant Funding can hold positions overnight, a feature that is often restricted in other funding programs. This flexibility can benefit traders who employ longer-term strategies or need to hold trades beyond typical market hours. The firm also offers commission-free trading on indices and cryptocurrencies, which can lower costs for active traders.
Technology and Support at Goat Funded Trader
Goat Funded Trader distinguishes itself through its technological infrastructure and customer support. The firm has developed its own in-house dashboard to enhance the user experience, ensuring fast trade execution and providing comprehensive tools for risk management and performance tracking. The platform supports trading on popular platforms such as MT4 and MT5, as well as offering proprietary tools for enhanced trading conditions, like raw spreads starting from 0.0 pips and commission-free trading on certain assets.
The company also offers educational resources, including free access to their trading analytics software, “My Trading Journey” (MTJ), for one month when traders purchase a challenge. MTJ is designed to help traders backtest their strategies, maintain a trading journal, and perform advanced analytics to improve their performance.
Conclusion
With its new Instant Funding, Goat Funded Trader is making a significant move in the proprietary trading space. The combination of flexible funding options, favorable payout schedules, and advanced technological support makes this an attractive choice for both novice and experienced traders. As the firm continues to innovate and expand its offerings, it is likely to play a crucial role in shaping the future of proprietary trading.
For more information on Goat Funded Trader’s Instant Funding and other services, visit their official website and use the code INSTANT for a 20% OFF all Instant Funding accounts.
