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Goat Funded Trader

Tradomatix TrustScore™:

2.76

(753 Reviews)

5-star

35.19%

4-star

8.37%

3-star

3.45%

2-star

3.45%

1-star

49.54%
Replied to 31.41% of reviews
Typically replies within 24.42 hours

About Goat Funded Trader

Goat Funded Trader operates as a proprietary trading firm rather than a traditional broker, offering traders access to simulated capital which may scale to multi-hundred-thousand-dollar levels once evaluation criteria are met or via instant-funding models. It supports a wide range of instruments including forex, commodities, indices, metals, cryptocurrencies and contracts for difference, and it markets programs where traders can keep a significant share of profits while trading the firmÕs funds.

Regulation & Security

Wishes Tower International Limited, registered in Hong Kong under company number 76428795, trades under the name Goat Funded Trader; the firm does not present itself as a regulated brokerage accepting client deposits and its terms state it provides services on a non-deposit basis.

Account and Setup

Account setup begins by selecting a challenge or instant-funding model, completing online registration and agreeing to the licence and terms of use; traders pass through identity verification of at least legal_adult status and acceptance of the programÕs risk rules, after which they receive access to a simulated or funded trading account depending on the chosen path.

Funding Options

Funding options for the challenge phase require a fee payment to the firm (for evaluation access) rather than a deposit to trade personal capital; once funded, payouts occur on a bi-weekly or on-demand basis depending on the model, and the firm emphasises Òpayout on demandÓ capabilities subject to adherence to its rules.

Bot & API Compatibility

Bot and API compatibility details are more limited: the firm permits use of algorithmic strategies and expert advisors under its evaluation and funded programs, but explicitly prohibits high-frequency trading (HFT) strategies and Gold arbitrage EAs and restricts certain automated or strategy-sharing practices as prohibited trading practices.

Trading Conditions& Restrictions

Trading conditions include drawdown limits that vary by model (for example a daily or maximum drawdown in the range of around 3-4_% daily and 6-10_% overall in certain plans), leverage that may vary by instrument and phase, weekend position holding is permitted, but hedging, martingale or grid strategies are explicitly disallowed and profits from trades executed around high_impact news may be capped in evaluation or funded phases.

Goat Funded Trader Reviews

( 753 )

Goat Funded Trader Reviews

( 753 )

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