Goat Funded Trader vs Funding Traders - Prop Firm Comparison
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Introduction
When comparing prop trading firms, Goat Funded Trader and Funding Traders 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. Funding Traders, based in London, UK, was founded in 2019 and stands out for 40% discount with code gcw13639035, Established since 2019, holding a Trustpilot rating that is not currently published. 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 | Funding Traders - Elite Firm Review |
|---|---|---|
| 
| |
| Founded | 2022 | 2019 |
| Profit Split | 80-90%, scaling to 100% | 80-90% |
| Maximum Account Size | $400,000 | $1,000,000 |
| Evaluation Phases | 1-Step, 2-Step, 3-Step, Instant Funding, Goat $1 | 2 |
| Trustpilot Rating | — | — |
| Expert Grade | 8.2 | 8.5 |
Program Types
| Program | Goat Funded Trader | Funding Traders - Elite Firm Review |
|---|---|---|
| Entry Level Program | Goat $1 | Yes |
| Advanced Program | 1-Step | Yes |
| Scaling Options | Yes | Yes |
| Demo Account | No | Yes |
Rules & Assessment
| Criteria | Goat Funded Trader | Funding Traders - Elite Firm Review |
|---|---|---|
| Profit Target | 10% (1-Step), 8%/5% (2-Step), 15% (Goat $1) | 5-12% |
| Maximum Drawdown | 6% trailing (1-Step), 10% static (2-Step) | 8-10% |
| Minimum Trading Days | 3 | 10 |
| News Trading | Yes | Yes |
Fees & Pricing
| Option | Goat Funded Trader | Funding Traders - Elite Firm Review |
|---|---|---|
| $10K Account | USD 79 / Listed challenge / One-time | USD 119 / Listed challenge / One-time |
| $25K Account | USD 149 / Listed challenge / One-time | USD 229 / Listed challenge / One-time |
| $50K Account | USD 249 / Listed challenge / One-time | USD 339 / Listed challenge / One-time |
| $100K Account | USD 449 / Listed challenge / One-time | USD 599 / Listed challenge / One-time |
| $200K Account | USD 799 / Listed challenge / One-time | USD 999 / Listed challenge / One-time |
| Coupons / Discount | Goat Funded Trader discount | Funding Traders - Elite Firm Review discount |
Platforms & Markets
| Feature | Goat Funded Trader | Funding Traders - Elite Firm Review |
|---|---|---|
| Trading Platforms | MetaTrader 5, TradeLocker, Match Trader | DXTrade, TradeLocker, MetaTrader 5 |
| Forex | Yes | Yes |
| Stocks | No | No |
| Indices | Yes | Yes |
| Commodities | Yes | Yes |
| Cryptocurrencies | Yes | Yes |
| Bonds | No | — |
| EA/Algo Trading | Yes | No |
Payout
| Feature | Goat Funded Trader | Funding Traders - Elite Firm Review |
|---|---|---|
| Payout Terms | Bi-weekly, 80-90% baseline scaling to 100% | Bank Wire Transfer, PayPal, Skrill, Cryptocurrency, Wise |
| See all prop firm payouts → | ||
Verdict
| Key Element | Goat Funded Trader | Funding Traders - Elite Firm Review |
|---|---|---|
| Strengths | Fast 24-hour payouts, No time limits, Swap-free Islamic accounts, Scaling to $2M, Low $1 entry point | reasonable challenge requirements, trader-friendly policies, transparent fee structure, multiple challenge options, scaling program |
| Weaknesses | Limited backtesting, Higher initial payment, Dashboard glitches, Unregulated (Saint Lucia/Hong Kong) | excessive fees, strict trading rules, high profit targets, capital loss risk, slow withdrawals |
| Best For | Disciplined traders managing trailing drawdown risk; Islamic-compliant trading | new and experienced traders |
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 Funding Traders differ from other prop firms?
Funding Traders, based in London, UK and founded in 2019, differentiates itself through 40% discount with code gcw13639035, Established since 2019. With a 80–90% profit split and 2-Step (Pro: 8%/5% | Next Gen: 12%/8%) evaluation, it is particularly suited to traders who want an established firm with strong discount.
Which firm offers better payouts – Goat Funded Trader or Funding Traders?
Goat Funded Trader offers a 80–100% profit split with Bi-weekly payouts processed in 1-2 days. Funding Traders offers a 80–90% profit split with Bi-weekly payouts in 1-3 days. 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 Funding Traders is better aligned with traders who want an established firm with strong discount. 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 Funding Traders. 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 Funding Traders review to go deeper.
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