Goat Funded Trader
Disclosure score 92/100 — Fully documented. This measures how much Goat Funded Trader publishes about its own rules on the pages we have verified. It is not a judgement of whether the firm is good, and a low score can simply mean we have not read enough of its site yet.
How the 92/100 breaks down
Every weight is published. Add the right-hand column and you get the score — no hidden weighting, no editorial adjustment. If you disagree with a line, you can say exactly which one.
| Criterion | Weight | Awarded | What it means here |
|---|---|---|---|
| Daily loss limit fully specified | 15 | 15 | Percentage, basis, whether it is measured on balance or equity, and the reset time. All four, or partial credit. |
| Maximum loss limit fully specified | 15 | 15 | Percentage, static or trailing, and the reference point it trails from. |
| Consistency rule formula published | 12 | 12 | The formula, not just the percentage. An explicit “no consistency rule” scores full marks. |
| Payout terms fully specified | 15 | 13 | Split, frequency, profitable-day requirements and minimum amounts, for every cycle offered. |
| Soft-breach rules disclosed | 10 | 10 | Profit deductions, warning systems and split reductions that cost money without closing the account. |
| Legal entity identified | 10 | 10 | Entity name, jurisdiction and company registration number. |
| Regulator or licence disclosed | 8 | 4 | A named regulator and licence number, or a clear statement that there is none. |
| Restricted countries named | 8 | 8 | The actual list, not a generic clause about unlawful jurisdictions. |
| Rule changes dated and traceable | 7 | 5 | Changes carry effective dates and state whether existing accounts are affected. |
| Total | 100 | 92 |
Plans and rules
Objectives
Drawdown
Risk rules
Payout
Soft breaches — where money disappears without the account closing
Goat Guard. Combined floating loss on open positions reaching 2% of the initial account size — a fixed dollar amount that never grows with the balance — triggers it. The first trigger sends an email, leaves positions open and the account active, and cuts the profit split to 50%. A second trigger on a changed set of positions closes the account. Applies to funded accounts other than Instant. Separately, funded profit above the $3,000 daily cap is deducted without a breach, and news-window profit above 1% of initial balance is removed without a breach.
Permissions
Execution
Source: help.goatfundedtrader.com/en/articles/13575169-2-step-standard Tier B HIGH verified 2026-09-07
Objectives
Drawdown
Risk rules
Payout
Soft breaches — where money disappears without the account closing
Goat Guard applies on the funded account exactly as on 2-Step Standard: 2% combined floating loss on the initial size, first trigger cuts the split to 50% without a breach, second trigger closes the account. Funded profit above the $3,000 daily cap is deducted without a breach.
Permissions
Execution
Source: help.goatfundedtrader.com/en/articles/10630134-1-step-model Tier B HIGH verified 2026-09-07
Rule change history
-
Effective 2026-08-01Drawdown New accounts only 1-Step Model
- Before
- Daily drawdown 4%
- After
- Daily drawdown 3%
Stated inside the model article as a note against the purchase date, not in a change log. The cutoff is written plainly and existing accounts keep the old figure — clean grandfathering.
Source: help.goatfundedtrader.com/en/articles/10630134-1-step-model Tier B HIGH
-
Effective 2026-07-27Payout New accounts only 1-Step Model — funded stage
- Before
- 3 trading days at 0.5% or more per payout
- After
- 4 trading days at 0.5% or more per payout
Raises the work needed for every payout, not just the first. Scope is stated as accounts purchased on or after the date.
Source: help.goatfundedtrader.com/en/articles/10630134-1-step-model Tier B HIGH
-
Effective 2026-07-25Payout New accounts only 2-Step Standard — funded stage
- Before
- 3 trading days at 0.5% or more per payout; first two payouts capped at 6% of initial size on every account
- After
- 4 trading days at 0.5% or more per payout; on $5K accounts the first-two-payout cap drops to 4%
Two tightenings on the same date, both scoped to accounts purchased from that day. The smallest account size takes the extra cut.
Source: help.goatfundedtrader.com/en/articles/13575169-2-step-standard Tier B HIGH
Who you are actually contracting with
Most firms split the simulated-trading operator from the execution entity. Which entity you face can depend on the platform you pick, and that changes your counterparty risk. Nobody else puts this in a comparison.
- Jurisdiction
- Hong Kong
- Reg. no.
- 76428795
- Regulator
- Not yet verified?
Named in clause 1.1 of the Terms and Conditions as the company behind the Goat Funded Trader trade name. Registered office RM 1205, 12/F Beverly House, 93-107 Lockhart Road, Wan Chai. Clause 15.1 sends disputes to arbitration under the rules of the High Court of Justice of the Canary Islands — a third jurisdiction, unexplained.
- Jurisdiction
- Saint Lucia
- Reg. no.
- 2025-00240
- Regulator
- Not yet verified?
Site footer: Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, PO Box 838, Castries. Stated as the entity that provides the simulated trading services advertised on the site. Same street address as FunderPro's Saint Lucia entity — an address shared by many firms in this registry, not evidence of a link between the two.
Alternatives with a 2-Step plan
Sources, and what we could not verify
| Source | Tier | Confidence | Covers | Dated |
|---|---|---|---|---|
| goatfundedtrader.com/legal/terms-and-conditions | Tier A | HIGH | Both legal entities with registration numbers, prohibited trading list, no-refund clause 7.4, monitoring and due-diligence powers, misconduct and social-media clause, arbitration venue. Anomaly: the effective date is 1 June 2023, over three years before the rule pages it sits above, and the same document cites both United Kingdom and United States law for the same intellectual-property rights. | No usable date |
| help.goatfundedtrader.com/en/articles/13575169-2-step-standard | Tier B | HIGH | 2-Step Standard: targets, minimum trading days, daily drawdown with a worked example, static maximum loss, profit split and payout cycle, payout caps, daily profit cap, add-ons, leverage per phase, and two dated rule changes. Anomaly: the page shows only 'Updated over 2 weeks ago', no absolute date. | No usable date |
| help.goatfundedtrader.com/en/articles/10630134-1-step-model | Tier B | HIGH | 1-Step: 10% target, daily drawdown 4% falling to 3% for accounts bought from 1 August 2026, 6% static maximum loss, minimum trading days rising from 3 to 4 for accounts bought from 27 July 2026, payout terms, leverage. | 2026-07-31 |
| help.goatfundedtrader.com/en/articles/10742107-what-is-goat-guard | Tier B | HIGH | Goat Guard soft-breach system in full: 2% of initial size measured on combined floating loss, fixed for the life of the account, first trigger cuts the split to 50% without a breach, second trigger closes the account, snapshot rules, scope. Anomaly: 'Updated this week', no absolute date. | No usable date |
| help.goatfundedtrader.com/en/articles/15290379-what-is-the-consistency-rule | Tier B | HIGH | Consistency formula, that failing it blocks payout without breaching the account, and how partial closes are attributed to the day the position is fully closed. | 2026-07-27 |
| help.goatfundedtrader.com/en/articles/12687827-what-time-does-a-trading-day-start | Tier B | HIGH | Trading day runs 5:00:01 PM to 4:59:59 PM EST — the anchor for the daily drawdown snapshot. | 2026-07-27 |
| help.goatfundedtrader.com/en/articles/10742084-is-news-trading-allowed | Tier B | HIGH | News trading allowed; profit from trades opened or closed within 5 minutes either side of a red-folder release is capped at 1% of initial balance, excess removed, no breach. Applies to challenge and funded alike. | 2026-07-27 |
| help.goatfundedtrader.com/en/articles/10742069-is-it-mandatory-to-use-stop-loss-and-take-profit | Tier B | HIGH | Stop loss and take profit are explicitly not mandatory. | 2026-07-27 |
| help.goatfundedtrader.com/en/articles/10742197-is-there-any-inactivity-limit | Tier B | HIGH | 30 consecutive days without a trade breaches the account, evaluation and funded alike; no refund, no reinstatement. | 2026-07-27 |
| help.goatfundedtrader.com/en/articles/10742187-which-countries-are-restricted-at-goat-funded-trader | Tier B | HIGH | The 29 restricted countries, named individually. | 2026-07-27 |
| goatfundedtrader.com/model | Tier B | LOW | Account sizes offered ($2.5K to $400K) and the claim that the fee is '100% refundable'. Anomaly: the price and rule figures are rendered by a JavaScript selector; the static page flattens every tab into one block, so no number on it can be tied to a named model. | No usable date |
Not verified
Prices per account size— The checkout selector is JavaScript. The static page collapses all model tabs into one block, so neither the list price nor the rule values on it can be attributed to a named model. Nothing was recorded from it.Weekend and overnight holding— Help-centre articles exist and have not been read.Expert Advisors, copy trading, hedging— Articles exist in the Rules collection and have not been read.Time limit— No article read states a maximum challenge duration either way.Minimum payout amount— The payout conditions are trading-day based; no minimum dollar amount is stated in the articles read.Regulator— The disclaimer says the company is not a broker, adviser or financial representative and does not accept client deposits. It does not state its regulatory status.Refund policy— A separate Refund Policy page exists and has not been read. It is the obvious place to resolve the conflict below.Central change log— Rule changes are announced inside the model articles, not in one dated list.
Terms & Conditions · Official trading rules · Official site
Logo used under nominative fair use for identification in a comparative review, taken from Goat Funded Trader's own site — goatfundedtrader.com (site navigation wordmark — white on black). Goat Funded Trader does not endorse this site.
Questions about Goat Funded Trader, answered from the record
How is the Goat Funded Trader daily loss limit calculated?
On 2-Step Standard, the daily loss limit is 5% of the higher of the previous day’s closing balance or closing equity, measured on balance or equity, resetting at 5:00 PM EST. That basis is the part most comparison tables leave out, and it changes the dollar floor from day two onward.
Is the Goat Funded Trader maximum drawdown static or trailing?
Static floor: 10% from initial balance on 2-Step Standard. The floor is set once and does not move as the account grows.
Does Goat Funded Trader have a consistency rule?
No. Goat Funded Trader publishes an explicit statement that no consistency rule applies to 2-Step Standard.
Has Goat Funded Trader changed rules retroactively?
Not on our record. 3 rule changes logged for Goat Funded Trader, none applied to accounts that already existed.
What is the Goat Funded Trader disclosure score?
92/100, computed from nine published criteria with published weights. It measures how much Goat Funded Trader publishes about its own rules, not whether the firm is good.