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168 Reviews
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Reviews
5.0
Trader’s Satisfaction
$8K
2 Steps
Goat Funded Trader (GFT) is a proprietary trading firm that provides skilled traders with access to funded trading accounts, enabling them to trade with the firm’s capital rather than their own.
What stands out most about Goat Funded Trader is its flexibility and trader-friendly approach. Here are the standout aspects: Multiple Evaluation Options: They offer a range of pathways, including a two-step, one-step, and even an instant funding option. This accommodates different experience levels and lets traders choose the structure that aligns with their goals and risk tolerance. Triple Payday Payout System: The option to request payouts three times a month (on the 5th, 15th, and 25th) is a unique benefit. This flexibility allows traders to access profits more frequently, which can be especially appealing for those using short-term trading strategies. High Profit Splits: With profit splits reaching up to 95%, Goat Funded Trader is very competitive in terms of payouts, rewarding consistent performance and offering financial motivation to meet targets. Leverage and Trading Flexibility: Their 1:100 leverage and allowance for trading during news events, overnight, and over the weekend cater to a broad range of trading styles, including swing trading and scalping. Strong Support and Educational Content: The 24/7 support and educational resources are valuable for traders at all levels. These resources, including trading tips and insights, show the firm's commitment to trader success beyond just account funding. Each of these features can make Goat Funded Trader a more attractive choice, especially for those who value flexibility and high earning potential.
While Goat Funded Trader has some strong positives, there are a few potential drawbacks worth noting: Evaluation Fees: Like many proprietary firms, Goat Funded Trader charges fees for its evaluation programs. While these fees are standard across the industry, they might be a deterrent for traders who are just starting out or who prefer not to risk upfront costs. Initial Profit Split Structure: The starting profit split is set at 65% for the first payout, which is a bit lower than what some other firms offer out of the gate. Although this increases to 70% and eventually to 80% with continued performance, newer traders may not appreciate starting on a lower tier. Strict Evaluation Targets: The profit targets in the evaluation phases (10% for some and 7-8% for others) can be challenging, especially for newer or more conservative traders. Meeting these targets within the given constraints could be demanding and may require riskier trading. Limited Transparency on Fees and Trading Conditions: While Goat Funded Trader does provide competitive spreads and commissions, there could be more transparency around exact costs per trade, which would give traders a clearer understanding of their potential expenses. Variable Policies Across Account Sizes: Different policies and trading rules depending on account size can complicate the process for traders to choose the best plan. Traders need to review each plan carefully to ensure the structure matches their trading strategy. These areas may impact traders differently depending on their trading style, goals, and experience level.
5.0
User Friendliness
5.0
Payout Process
5.0
Customer Care
5.0
Trading Conditions
Replied:
Hello Ronnie! We really appreciate your support and we want to thank you very much for your great feedback! Our goal is to offer to our traders the best trading conditions with raw spread, starting from 0.0. We are dedicated to constantly look for innovation and progress. We can't explain how happy we are to have you on board! A big thank you from the GFT family!
Reviews
4.0
Trader’s Satisfaction
$5K
2 Steps
Good Prop Firm but Payout Process is slow and Processing Time is 72HR in working Days. Customer service is so good, Trading Platform is not good and have spread on Majors ( EU , GU )
3 Months +
1
2
Good Customer Services
Spread on Majors Slow Payout Process
3.0
User Friendliness
4.0
Payout Process
5.0
Customer Care
3.0
Trading Conditions
Replied:
Hello Reza! We really appreciate your support and we want to thank you very much for your great feedback! Our goal is to offer to our traders the best trading conditions with raw spread, starting from 0.0. We are dedicated to constantly look for innovation and progress. We can't explain how happy we are to have you on board! Please, contact [email protected] for any suggestion, doubt or issue you may face. A big thank you from the GFT family!
Reviews
3.0
Trader’s Satisfaction
$8K
2 Steps
It's good .. but they breached my account due to close trades in news time but i closed it in loss not profit so i want to verify the account not to breach it. Disclaimer: The trader's account was breached by hitting the stop loss within two minutes before and after a high-impact news event. While trades can be held during news, opening or closing trades within this four-minute window is not permitted. For further details, please refer to the Goat Funded Trader FAQs. https://goatfundedtrader.com/faqs/
Trading Platform
The support
5.0
User Friendliness
2.0
Payout Process
3.0
Customer Care
5.0
Trading Conditions
Reason
Breach Reason
News trading
Summary
I closed trade in news time but there were in loss not profit
Images From Reporter
Replied:
Hello Mina! We really appreciate your support and we want to thank you very much for your feedback! As stated on our website: "You can hold your trades during news, but not close or open trades during that four minutes window. If this action is consistently repeated, your account will be breached. If you close or open trades two minutes prior or two minutes after a high-impact news during the evaluation phases, your account will be breached." <br>Our goal is to offer to our traders the best trading conditions with raw spread, starting from 0.0. We are dedicated to constantly look for innovation and progress. We can't explain how happy we are to have you on board! Please, contact [email protected] for any suggestion, doubt or issue you may face. A big thank you from the GFT family!
Reviews
1.0
Trader’s Satisfaction
$100K
2 Steps
I passed the challenge and they said that i broke news trading because my trade closed on news with a stoploss. I opened the trade several hours ago and i wasn't trading news actively. Disclaimer: The trader's account was breached by hitting the stop loss within two minutes before and after a high-impact news event. While trades can be held during news, opening or closing trades within this four-minute window is not permitted. For further details, please refer to the Goat Funded Trader FAQs. https://goatfundedtrader.com/faqs/
NOTHING
1.0
User Friendliness
1.0
Payout Process
1.0
Customer Care
1.0
Trading Conditions
Reason
Breach Reason
news trading
Summary
i got a trade opened for hours and hit stoploss for some new but i wasn't trading news
Images From Reporter
Replied:
Hello Guillem. We are sorry to hear that you had a bad experience with GFT. We'd like to know more about your concern; do you mind sharing your issue with us to [email protected] ? So we can check your specific situation. We hope to better your experience wth GFT. Thank you!
Reviews
5.0
Trader’s Satisfaction
$15K
2 Steps
I started with goat funded to test them and what a surprise 😮 great firm boys great spread 👏 graet support one of the best firm out there 👏 I highly recommend this 👌
Spread
Daily drawdown
5.0
User Friendliness
5.0
Payout Process
5.0
Customer Care
5.0
Trading Conditions
Replied:
Hello Salah! We really appreciate your support and we want to thank you very much for your great feedback! Our goal is to offer to our traders the best trading conditions with raw spread, starting from 0.0. We are dedicated to constantly look for innovation and progress. We can't explain how happy we are to have you on board! A big thank you from the GFT family!
Reviews
4.0
Trader’s Satisfaction
$5K
2 Steps
Worth trading with. Time for waiting funded account is long but give you time to prepare for the next phase. Recommend to anyone starting out. Not bad match trader if you get used to.
Customer care
Waiting period
4.0
User Friendliness
1.0
Payout Process
5.0
Customer Care
4.0
Trading Conditions
Replied:
Hello Abbas! We really appreciate your support and we want to thank you very much for your great feedback! Our goal is to offer to our traders the best trading conditions with raw spread, starting from 0.0. We are dedicated to constantly look for innovation and progress. We can't explain how happy we are to have you on board! A big thank you from the GFT family!
Reviews
4.0
Trader’s Satisfaction
$25K
2 Steps
I passed both phases of a 2 phase Goat challenge I got an email that the account will be reviewed and I was told I failed the review so I messaged the owner and to my surprise he replied me and promised to give me a retry of the phase 2 because the reason for the failure was a miscommunication.
The response time and that I could communicate with the owner of the firm directly
The loss of challenge due to news trading.
4.0
User Friendliness
3.0
Payout Process
4.0
Customer Care
5.0
Trading Conditions
Replied:
Hello Aduragbemi! We really appreciate your support and we want to thank you very much for your great feedback! Our goal is to offer to our traders the best trading conditions with raw spread, starting from 0.0. We are dedicated to constantly look for innovation and progress. We can't explain how happy we are to have you on board! A big thank you from the GFT family!
Reviews
5.0
Trader’s Satisfaction
$100K
2 Steps
Received My First ever Pay-out with Goat Funded Trader. It took 3 days as promised and pay-out process was smooth with Rise. Dashboard and everything is okay with GFT
Received My First ever Pay-out with Goat Funded Trader. It took 3 days as promised and pay-out process was smooth with Rise. Dashboard and everything is okay with GFT
Everything is good with GFT
5.0
User Friendliness
5.0
Payout Process
5.0
Customer Care
5.0
Trading Conditions
Replied:
Hello Karanjeetsinh! We really appreciate your support and we want to thank you very much for your great feedback! Our goal is to offer to our traders the best trading conditions with raw spread, starting from 0.0. We are dedicated to constantly look for innovation and progress. We can't explain how happy we are to have you on board! A big thank you from the GFT family!
Reviews
5.0
Trader’s Satisfaction
$50K
2 Steps
When you purchase, they immediately send your login details. As soon as you reach the profit target for Phase 1, the Phase 2 account information is also sent. However, it takes approximately 60-72 hours to receive the live account. The spreads are normal compared to the market, ranging between 2-4 on EUR/USD and USD/JPY. In my opinion, the spreads on gold are excellent. I do notice a slight slippage on gold, though. But technically speaking, the platform operates fast. Additionally, the support team is quite responsive, and they handle issues quickl...
Support and Dashboard
Spreads
5.0
User Friendliness
5.0
Payout Process
5.0
Customer Care
4.0
Trading Conditions
Replied:
Hello Nebi! We really appreciate your support and we want to thank you very much for your great feedback! Our goal is to offer to our traders the best trading conditions with raw spread, starting from 0.0. We are dedicated to constantly look for innovation and progress. We can't explain how happy we are to have you on board! A big thank you from the GFT family!
Reviews
4.0
Trader’s Satisfaction
$5K
2 Steps
I bought an account with them and i passed both phases i received my funded creditntials then applied for withdrawal after a month as I didn't have any add on l. i received my payout after exactly 3 business days. Now i have applied for my 2nd withdrawal after 2 months. So let's see what happens.
Spreads are Good. Support staff is very responsive and helpful.
Payouts takes 3 days i think they should process a little bit faster.
4.0
User Friendliness
4.0
Payout Process
4.0
Customer Care
5.0
Trading Conditions
Replied:
Hello Kamran! We really appreciate your support and we want to thank you very much for your great feedback! Our goal is to offer to our traders the best trading conditions with raw spread, starting from 0.0. We are dedicated to constantly look for innovation and progress. We can't explain how happy we are to have you on board! A big thank you from the GFT family!