Goat Funded Trader vs FTMO - Prop Firm Comparison
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Introduction
When comparing prop trading firms, Goat Funded Trader and FTMO each offer distinct paths to funded trading. Goat Funded Trader is Spain-based, founded in 2022, and is known for $1 challenge entry promos, Up to 100% profit split. It holds a Trustpilot rating that is not currently published. FTMO, based in Prague, Czech Republic, was founded in 2015 and stands out for Industry pioneer since 2015, Strongest brand recognition globally, holding a 4.8/5 (14,000+ reviews) Trustpilot rating. Both firms provide paths to funded accounts, but their evaluation structures, pricing, and trader benefits differ in key ways that may suit different trader profiles.
Quick Facts
| Feature | Goat Funded Trader | FTMO |
|---|---|---|
| 
| |
| Founded | 2022 | 2015 |
| Profit Split | 80-90%, scaling to 100% | 80-90% (2-Step); 90% flat (1-Step) |
| Maximum Account Size | $400,000 | $2,000,000 |
| Evaluation Phases | 1-Step, 2-Step, 3-Step, Instant Funding, Goat $1 | 2 |
| Trustpilot Rating | — | 4.8/5 (43,791 reviews) |
| Expert Grade | 8.2 | 9.1 |
Program Types
| Program | Goat Funded Trader | FTMO |
|---|---|---|
| Entry Level Program | Goat $1 | Yes |
| Advanced Program | 1-Step | FTMO Challenge + Verification |
| Scaling Options | Yes | Yes |
| Demo Account | No | No |
Rules & Assessment
| Criteria | Goat Funded Trader | FTMO |
|---|---|---|
| Profit Target | 10% (1-Step), 8%/5% (2-Step), 15% (Goat $1) | 10% then 5% (2-Step); 10% (1-Step) |
| Maximum Drawdown | 6% trailing (1-Step), 10% static (2-Step) | 10% static (2-Step); 10% trailing (1-Step) |
| Minimum Trading Days | 3 | 4 per phase (2-Step); none (1-Step) |
| News Trading | Yes | Restricted on Standard; unrestricted on Swing |
Fees & Pricing
| Option | Goat Funded Trader | FTMO |
|---|---|---|
| $10K Account | USD 79 / Listed challenge / One-time | EUR 89 / FTMO 2-Step / One-time |
| $25K Account | USD 149 / Listed challenge / One-time | EUR 250 / FTMO 2-Step / One-time |
| $50K Account | USD 249 / Listed challenge / One-time | EUR 345 / FTMO 2-Step / One-time |
| $100K Account | USD 449 / Listed challenge / One-time | EUR 540 / FTMO 2-Step / One-time |
| $200K Account | USD 799 / Listed challenge / One-time | EUR 1080 / FTMO 2-Step / One-time |
| Coupons / Discount | Goat Funded Trader discount | FTMO discount |
Platforms & Markets
| Feature | Goat Funded Trader | FTMO |
|---|---|---|
| Trading Platforms | MetaTrader 5, TradeLocker, Match Trader | MT4, MT5, cTrader |
| Forex | Yes | Yes |
| Stocks | No | Yes |
| Indices | Yes | Yes |
| Commodities | Yes | Yes |
| Cryptocurrencies | Yes | Yes |
| Bonds | No | Available |
| EA/Algo Trading | Yes | Yes |
Payout
| Feature | Goat Funded Trader | FTMO |
|---|---|---|
| Payout Terms | Bi-weekly, 80-90% baseline scaling to 100% | Bi-weekly via bank transfer, e-wallets, wire transfer, cryptocurrencies |
| See all prop firm payouts → | ||
Verdict
| Key Element | Goat Funded Trader | FTMO |
|---|---|---|
| Strengths | Fast 24-hour payouts, No time limits, Swap-free Islamic accounts, Scaling to $2M, Low $1 entry point | Full fee refund on 2-Step; static drawdown; no consistency rules; zero withdrawal commission; scaling to $2M |
| Weaknesses | Limited backtesting, Higher initial payment, Dashboard glitches, Unregulated (Saint Lucia/Hong Kong) | No reset product; 1-Step fee never refunded; 50% Best Day Rule blocks payouts; 1-Step payout resets buffer |
| Best For | Disciplined traders managing trailing drawdown risk; Islamic-compliant trading | 2-Step recommended for most; 1-Step only if 90% split outweighs other concerns |
FAQ
What makes Goat Funded Trader stand out among prop firms?
Goat Funded Trader, based in Spain, was founded in 2022 and is best known for $1 challenge entry promos, up to 100% profit split. With a minimum evaluation cost of $1 (promo) and a 80–100% profit split, it offers a developing value proposition for cost-conscious traders seeking accessible entry.
How does FTMO differ from other prop firms?
FTMO, based in Prague, Czech Republic and founded in 2015, differentiates itself through Industry pioneer since 2015, Strongest brand recognition globally. With a 80–90% profit split and 2-Step evaluation, it is particularly suited to traders who want the most recognised brand.
Which firm offers better payouts – Goat Funded Trader or FTMO?
Goat Funded Trader offers a 80–100% profit split with Bi-weekly payouts processed in 1-2 days. FTMO offers a 80–90% profit split with On-demand (monthly minimum) payouts in ~8 hours processing. The better choice depends on whether you prioritise split percentage or payout frequency.
Are these prop firms suitable for beginners?
Both firms can accommodate beginners, but with different considerations. Goat Funded Trader is best suited to Cost-conscious traders seeking accessible entry, while FTMO is better aligned with traders who want the most recognised brand. New traders should start with the smallest available account size and thoroughly review all rules before committing.
What happens if I fail the evaluation at either firm?
Most prop firms allow traders to purchase a reset to restart their evaluation phase, typically at 40-50% of the original fee. Neither firm penalises future attempts based on previous failures. Check each firm’s official site for current reset pricing and terms.
How was this Comparison Created?
1. We Collect
Our research team gathered data directly from the official websites, terms of service documents, and public communications of both Goat Funded Trader and FTMO. We supplemented this with verified user reviews on Trustpilot and trading community forums, and consulted active traders with first-hand experience at each firm.
2. We Examine
Our team of professional traders verified all information, cross-checking accuracy against each firm’s current platform, evaluation parameters, and pricing pages. Special attention was paid to profit split structures, drawdown rules, and payout conditions to ensure our assessment reflects the real trader experience.
3. We Score
We apply a scoring methodology across seven key categories: evaluation structure, trading conditions, costs and fees, platform quality, profit potential, customer support, and educational resources. Each category is weighted by importance to traders at different experience levels.
4. You Choose
This comparison is designed to help you identify which firm better aligns with your trading style, experience level, and goals. Consider your priorities – evaluation flexibility, profit split, platform preference, and firm track record – then visit each firm’s full review on JoinProp for the complete picture. Read the Goat Funded Trader review or read the FTMO review to go deeper.
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