In the evolving world of proprietary trading, Goat Funded Trader has emerged as a notable platform that offers aspiring traders the opportunity to demonstrate their trading skills in a structured environment. With a focus on providing a reliable, secure, and user-friendly platform, Goat Funded Trader helps traders achieve their financial goals without risking their own capital. This article provides an in-depth overview of Goat Funded Trader, exploring its background, trading challenges, available instruments, and more.

Company Background

Goat Funded Trader operates under the legal name "Wishes Tower International SL," registered in Spain with the company number B44653145. The firm is led by CEO Dalla Torre Edoardo, who has been instrumental in shaping the company's vision and operations. While the company does not offer a phone contact, they provide round-the-clock support through email at [email protected] and are active on various community platforms like Discord to assist traders.

Payment and Withdrawal Methods

Understanding the importance of financial transactions, Goat Funded Trader offers multiple payment methods, including wire transfer, bank transfer, cryptocurrency, and PayPal. These methods ensure that traders have flexible options for funding their accounts. Similarly, withdrawals can be made through wire transfer, bank transfer, and cryptocurrency, providing a secure and straightforward process for traders to access their profits.

Trading Challenges Offered

Goat Funded Trader is designed around a structured challenge model, offering two types of challenges: One Phase Challenge and Two Phase Challenge. These challenges are the gateway for traders to access simulated funded accounts, where they can trade without risking their own capital.

Specific Challenges

• Normal One Step Challenge: This challenge involves reaching a profit target with no time constraints. It's ideal for traders who want to take their time and focus on consistency.
• Swap Free One Step Challenge: Similar to the normal One Step Challenge but tailored for traders who prefer swap-free trading conditions, often suitable for those following Islamic trading practices.
• Normal Two Step Challenge (Goat): This two-step challenge requires traders to reach specific profit targets across two phases, starting with an initial phase that has a set timeframe and followed by a second phase with no time limit.
• Normal Two Step Challenge (No Time Limit): A two-phase challenge without any time restrictions in either phase, allowing traders maximum flexibility in meeting their profit targets.
• Normal Two Step Challenge (Classic): A traditional two-phase challenge with both phases having profit targets but with set timeframes, testing traders' ability to perform under time pressure.
• Swap Free Two Step Challenge (Goat): Similar to the normal Goat challenge but designed for traders who require swap-free accounts, providing the same structured challenge in a compliant environment.
• Swap Free Two Step Challenge (Classic): A classic two-phase challenge with time constraints but swap-free trading conditions, ideal for traders who need both structure and compliance.
• Swap Free Two Step Challenge (No Time Limit): This challenge combines the flexibility of no time limits with the benefits of swap-free trading, perfect for traders who want to trade at their own pace while adhering to specific trading rules.

These challenges cater to different trading styles and preferences, allowing traders to choose the one that best fits their strategy and goals.

Trading Instruments Available

Goat Funded Trader provides access to a wide range of trading instruments, catering to diverse trading preferences. The available instruments include:

• Forex: Trade major, minor, and exotic currency pairs.
• Cryptocurrencies: Engage in crypto trading with pairs like BTCUSD, ETHUSD, and more.
• Stocks: Access global stock markets and trade leading equities.
• Indices: Trade major indices like the S&P 500, Dow Jones, and others.
• Metals: Trade precious metals such as gold and silver.

• Commodities: Explore trading opportunities in commodities like oil and gas.

   

Broker Partnership

Goat Funded Trader has partnered with ThinkMarkets, a well-known broker, to provide traders with a seamless trading experience. ThinkMarkets offers competitive spreads, fast execution, and a robust trading platform, which enhances the overall trading experience for Goat Funded Trader’s users.

Funding and Scaling Opportunities

One of the key attractions of Goat Funded Trader is the substantial funding and scaling opportunities it offers. Traders can start with a maximum allocation of $800,000, with the potential to scale up to $2,000,000 as they demonstrate consistent performance. The scaling process is based on the trader's ability to manage risk and achieve profit targets over time, allowing them to grow their simulated funded accounts progressively.

Trading Competitions and Free Trials

While some proprietary trading firms offer competitions and free trials, Goat Funded Trader takes a different approach. The platform does not organize trading competitions, as its focus is on individual performance evaluation rather than competitive trading. Additionally, there are no free trials offered, as Goat Funded Trader believes in maintaining the integrity of its challenges by ensuring that all participants are committed to the process.

Customer Support and Community

Goat Funded Trader places a strong emphasis on customer support, offering 24/7 assistance through email and an active presence on Discord. The Discord community serves as a hub for traders to connect, share insights, and seek help from the support team. This community-oriented approach fosters a collaborative environment where traders can grow and learn together.

Trading Rules and Restrictions

To ensure a fair trading environment, Goat Funded Trader has implemented specific rules and restrictions. High-Frequency Trading (HFT) is not permitted, as it can lead to market manipulation. However, traders are allowed to use copy trading, hedging, and Expert Advisors (EAs) with certain restrictions.

Weekend Trading and News Trading

Traders have the flexibility to hold trades over the weekend and trade during news events, making it easier to maintain positions based on their trading strategies. This flexibility is particularly beneficial for traders who prefer to take advantage of market volatility during these periods.

Refund Policy and Risk Management

Goat Funded Trader offers a 100% bonus fee refund upon a trader's first payout, which adds an extra layer of security for participants. Additionally, the platform operates on a no-risk-to-capital basis, meaning traders do not risk their own money while participating in the challenges. This model ensures that traders can focus on their performance without the fear of financial loss.

Account Management

Account management is a crucial aspect of Goat Funded Trader's operations. Inactivity policies are in place to maintain active participation, with accounts being breached after 45 days of inactivity and deleted after 30 days of no login.

Merging Accounts and Prohibited Practices

Traders are not allowed to merge active accounts but can merge non-traded accounts below $400,000. The platform also has strict rules against prohibited trading practices, such as exploiting pricing errors or using insider information, to maintain a fair and transparent trading environment.

Pricing and Evaluation Plans

Goat Funded Trader offers a range of pricing options based on the size of the challenge account. These include:

• $15,000 Challenge: Priced at $170
• $25,000 Challenge: Priced at $230
• $50,000 Challenge: Priced at $339
• $100,000 Challenge: Priced at $590

• $200,000 Challenge: Priced at $1,050

   

Drawdown Types and Profit Targets

The platform employs a balance-based drawdown system, with drawdown limits varying depending on the challenge type. Profit targets range from 5% to 10%, with payout periods available on demand.

Misconduct and Social Media Policy

Goat Funded Trader has a strict policy against any form of misconduct or negative advertising on social media. Traders found engaging in such activities risk immediate termination of their accounts and a permanent ban from the platform. This policy is in place to protect the company's reputation and ensure a positive trading environment.

Conclusion

Goat Funded Trader stands out as a proprietary trading firm that prioritizes structure, security, and trader growth. With a comprehensive range of trading instruments, robust support systems, and attractive funding opportunities, it offers a viable path for traders looking to advance their careers. Whether you're a novice or an experienced trader, Goat Funded Trader provides the tools and environment needed to succeed.