📋 In This Review
📊 Firm Overview
Updated May 2026Account Sizes
$2.5K – $400K
Min Eval Fee
$32 (one-time)
CEO / Founder
Edoardo Dalla Torre (Edward XL)
Profit Split
80% – 100%
Payout Time
48–72 Business Hours
DD Type
Fixed
Markets
Forex, Indices, Metals, Crypto, Commodities, Stocks
News Trading
Yes
Overnight Hold
Yes
Scaling
Up to $2M
Exclusive Discount
FIRSTGFT
50% off all challenge accounts for new customers
🔬 SPR Intelligence Analysis
Proprietary MetricsDifficulty Score Based on profit target, drawdown type, min days and restrictions. 10 = extremely hard to pass.
6.2/10
Average difficulty — fixed drawdown
Value Score Lower = better value. Industry average ~$7.00 per $1K.
$8.76 per $1K funded
$32 (one-time)
vs ~$7.00 avg across all tracked firms
Best Trader Profile Trading styles most likely to succeed given this firm's specific rule set and drawdown type.
Day Trader
Swing Trader
Scalper
Goat Funded Trader suits active discretionary traders who want platform flexibility and fast on-demand payouts. The 2-Step Standard is the best fit for most traders wanting generous drawdown and a refundable fee. Not recommended for traders wanting a long-established firm or those relying on Gold Arbitrage EAs.
📰 Firm Updates & News
Live Feed2026-05-17
Goat Funded Trader celebrates 3rd anniversary — $20M+ in rewards paid to 250,000+ traders worldwide Platform
2026-04-01
TradeXMastery prop firm absorbed into GFT without trader notification — at least one pre-merger payout remains unresolved as of May 2026 Alert
2026-03-01
400K account size introduced — largest single account now available on all challenge types Platform
2025-12-01
$500 payout guarantee introduced — GFT compensates traders if processing exceeds 2 business days post-KYC Rule
2025-09-01
Volumetrica added as fifth supported trading platform alongside MT5, Match-Trader, TradeLocker, cTrader Platform
2025-04-01
MT5 launched on GFT's own in-house broker infrastructure — removes third-party broker dependency Platform
🛡️ Is Goat Funded Trader Legitimate?
⚠ Use Caution
Registered In
Hong Kong — Wishes Tower International Limited (Reg. 76428795) + Saint Lucia — Goat Funded LTD (Reg. 2025-00240) | Operations: Las Palmas, Gran Canaria, Spain
Operating Since
2023
Reported Payouts
Reported Payouts: $20M+ (self-reported) / $11.2M verified via independent tracker
Regulation
Prop Model
⚠ Red Flags to Know
Active review platform guideline-breach flag — fake review removals affect rating reliability
TradeXMastery absorption in April 2026 left at least one documented payout unresolved as of May 2026
Self-reported $20M payouts vs $11.2M third-party verified — significant discrepancy
First two payouts capped at 6% of account balance — not prominently disclosed in marketing
2-minute news trade rule with 1% profit cap — limits event-based traders significantly
Hong Kong itself is a restricted country despite being the firm's registered base — unusual
Inconsistency score enforced at payout stage — not clearly disclosed upfront to all traders
📋 Challenge Rules
1️⃣ 1-step
2️⃣ 2-step
3️⃣ 3-step
⚡ Instant Funding
🧮 Challenge Fee Calculator
Select account size to see full cost breakdown:
✅ Pros & Cons
✅ Pros
Five supported platforms — MT5, Match-Trader, TradeLocker, cTrader, and Volumetrica
$500 payout guarantee if processing exceeds 2 business days after KYC completion
On-demand payouts available after just 3 trading days on funded accounts
Challenge fee fully refunded after first payout on all programs
Overnight and weekend holding fully permitted on all account types
Free account upon first payout — rare additional incentive in the industry
❌ Cons
Trustpilot guideline-breach flag active — fake review removals affect rating reliability
TradeXMastery merger in April 2026 left at least one documented unpaid payout unresolved
2-minute news trade rule caps profits at 1% of account balance — limits event-based strategies
First two payouts capped at 6% of account balance — limits early earnings on larger accounts
Gold Arbitrage EAs strictly prohibited — affects traders using automated gold strategies
🎯 Who Is This Firm For?
✅ Ideal For
Active traders wanting maximum platform flexibility — 5 platforms available
Traders wanting on-demand payouts after just 3 trading days
Discretionary traders comfortable with the 2-minute news profit cap rule
Budget traders accessing low entry fees with frequent 40–50% discount promotions
❌ Not Ideal For
Traders wanting a fully clean trust record and long-established payout history
Gold Arbitrage EA traders — strictly prohibited on all account types
Traders needing full payout access from day one — 6% cap applies to first two withdrawals
Traders in restricted Asian and African markets — unusually long restricted countries list
⚖️ Our Verdict
★★★★☆ 3.8/5
Goat Funded Trader is a feature-rich, trader-focused prop firm that has grown rapidly since 2023 with genuine differentiators — five platforms, on-demand payouts, a $500 payout guarantee, and free accounts upon payout. The main concerns are an active review guideline-breach flag, the unresolved TradeXMastery merger payout situation, and a 6% cap on the first two payouts that limits early earnings. Traders who verify the current rules carefully and trade conservatively will find GFT a competitive option — but the lack of a fully clean trust record keeps it below the top tier.
✓ Suitable with caution — verify rules carefully
❓ Frequently Asked Questions
Goat Funded Trader is a registered prop firm operating since 2023 under
Wishes Tower International Limited in Hong Kong and Goat Funded LTD in
Saint Lucia. The firm has paid out over $11M to traders across 180+
countries and offers a $500 payout guarantee if processing exceeds 2
business days. However, an active review guideline-breach flag and the
unresolved TradeXMastery merger payout situation mean traders should
verify current rules and trust status carefully before purchasing.
Goat Funded Trader offers four challenge types. The 1-Step GOAT requires a single 10% profit target with an 8% overall drawdown. The 2-Step Standard requires two 10% profit targets with a tighter 6% overall drawdown — best for most traders. The 3-Step Goat Blitz requires three 10% targets with the most generous 10% overall drawdown. Instant Funding skips evaluation entirely for immediate funded account access. All challenge fees are refundable after the first payout.
All programs start at an 80% profit split scaling to 100% after reaching performance milestones. On-demand payouts are available after just 3 trading days on funded accounts. The first two payouts are capped at 6% of the account balance — meaning on a $50K account each of the first two withdrawals cannot exceed $3,000. From the third payout onward no cap applies. A $500 compensation is paid if processing exceeds 2 business days after KYC completion.
EAs are permitted on all account types — Gold Arbitrage EAs are strictly prohibited. News trading is fully allowed but any trade opened or closed within 2 minutes before or after a high-impact news event is subject to a 1% profit cap of the account balance. Overnight and weekend holding is fully permitted on all challenge types and funded accounts. Cross-account copy trading is prohibited.
Traders can scale their funded account up to $2,000,000 through performance milestones. Accounts increase by 25% every 3 months after achieving at least 2% monthly profit for 3 consecutive months. The profit split also increases in 5% increments — from 80% up to 100% — at each scaling stage. Multiple simultaneous accounts are permitted subject to the firm's duplicate trade policy.
📖 Read More from Our Learn Section
🔄 Alternative Prop Firms
Compare other options💬 Community Reviews
✍️ Leave Your Review
Traded with Goat Funded Trader? Share your experience — reviews published after approval · min 30 words.
Your Rating *
★★★★★
0 words (min 30)