Goat Funded Trader vs The Trading Pit - Prop Firm Comparison
Introduction
When comparing prop trading firms, Goat Funded Trader and The Trading Pit 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 Not yet rated Trustpilot rating. The Trading Pit, based in Liechtenstein / Cyprus, was founded in 2022 and stands out for Low $49 entry price, Supports both CFD and Futures, holding a 4.6/5 (3,000+ 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 Comparison |
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| Feature | Goat Funded Trader | The Trading Pit |
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| Founded | 2022 (Spain) | 2022 (Liechtenstein / Cyprus) |
| Trustpilot Rating | Not yet rated | 4.6/5 (3,000+ reviews) |
| Minimum Evaluation Cost | $1 (promo) | $49 |
| Profit Split | 80–100% | 80% |
| Evaluation Phases | 2-Step, 1-Step, Instant | 2-Step, 1-Step |
| Refundable Fee | Yes | Yes |
| Review | Read full review | Read full review |
Program Types – Which experience fits your goals? |
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|---|---|---|
| Program | Goat Funded Trader | The Trading Pit |
| Main Evaluation Format | 2-Step, 1-Step, Instant | 2-Step, 1-Step |
| Account Sizes | $5K, $10K, $25K, $50K, $100K, $200K | $10K, $25K, $50K, $100K, $150K |
| Time Limits | Min 3 trading days | Min 5 trading days |
| Scaling Plan | Yes | Yes |
| One-Step Option | Yes | Yes |
Assessment Criteria – How can you pass the test? |
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|---|---|---|
| Criteria | Goat Funded Trader | The Trading Pit |
| Profit Target | Phase 1: 10% / Phase 2: 5% | Phase 1: 8% / Phase 2: 4% |
| Maximum Daily Loss | 5% | 5% |
| Maximum Overall Loss | 10% | 10% |
| Minimum Trading Days | 3 | 5 |
| Holding Positions | Overnight & weekends | Overnight & weekends |
| News Trading | Allowed | Allowed |
| Trading Hours | 24/5 (standard markets) | 24/5 (standard markets) |
Fees and Pricing – How much will you pay? |
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|---|---|---|
| Option | Goat Funded Trader | The Trading Pit |
| $10K Account | Available – from $1 (promo) (entry) | Available – from $49 (entry) |
| $25K Account | Available – from $1 (promo) (entry) | Available – from $49 (entry) |
| $50K Account | Available – from $1 (promo) (entry) | Available – from $49 (entry) |
| $100K Account | Available – from $1 (promo) (entry) | Available – from $49 (entry) |
| $200K Account | Available – from $1 (promo) (entry) | Not offered |
| Reset Fee | ~50% of initial fee (check firm site) | ~50% of initial fee (check firm site) |
| Coupons | Coupon / Discount | Coupon / Discount |
| Review | Read full review | Read full review |
Platforms/Tools – What can you use? |
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|---|---|---|
| Feature | Goat Funded Trader | The Trading Pit |
| Trading Platforms | MT5, TradeLocker, Match Trader | cTrader, NinjaTrader, Tradovate |
| Dashboard Interface | Yes – trader dashboard | Yes – trader dashboard |
| Performance Analytics | Included | Included |
| Mobile Access | Yes | Platform-dependent |
| Demo Accounts | Available on request | Available on request |
Available Markets – What can you trade? |
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|---|---|---|
| Market | Goat Funded Trader | The Trading Pit |
| Forex | Available (major, minor, exotic pairs) | Available (major, minor, exotic pairs) |
| Indices | Major global indices | Major global indices |
| Commodities | Gold, silver, oil, natural gas | Gold, silver, oil, natural gas |
| Crypto | BTC, ETH and major crypto | Not offered |
| Stocks/Equities | Not offered | Not offered |
Trader Benefits – What perks will you receive? |
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|---|---|---|
| Benefit | Goat Funded Trader | The Trading Pit |
| Profit Split | 80–100% | 80% |
| Payout Frequency | Bi-weekly | Bi-weekly |
| Payout Speed | 1-2 days | 1-2 days |
| Scaling Opportunities | Yes – account scaling plan | Yes – account scaling plan |
| Educational Resources | Limited | Limited |
| Customer Support | Email and live chat | Email and live chat |
Technical Capabilities |
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|---|---|---|
| Feature | Goat Funded Trader | The Trading Pit |
| Max Leverage | 1:100 | Up to 1:50 (Forex) |
| EA / Algo Trading | Expert Advisors (MT4/MT5) | cBots (cTrader) |
| Copy Trading | Own accounts only | Own accounts only |
| News Trading | Allowed | Allowed |
| Overnight Holding | Yes | Yes |
| Weekend Holding | Yes | Yes |
Conclusion and Final Recommendation |
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|---|---|---|
| Key Element | Goat Funded Trader | The Trading Pit |
| Strengths | $1 challenge entry promos / Up to 100% profit split / Flexible 1-step and instant funding options | Low $49 entry price / Supports both CFD and Futures / cTrader platform available |
| Weaknesses | Newer firm (2022) – shorter track record / Smaller community vs top-tier firms / Simulated capital | No crypto trading / Smaller than legacy firms / Newer (2022) |
| Best For | Cost-conscious traders seeking accessible entry | cTrader users who want CFD and futures options |
| Final Grade | 3.55/5 | 4.25/5 |
| Discount Codes | Get Discount | Get Discount |
| Review | Read full review | Read full review |
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 The Trading Pit differ from other prop firms?
The Trading Pit, based in Liechtenstein / Cyprus and founded in 2022, differentiates itself through Low $49 entry price, Supports both CFD and Futures. With a 80% profit split and 2-Step, 1-Step evaluation, it is particularly suited to ctrader users who want cfd and futures options.
Which firm offers better payouts – Goat Funded Trader or The Trading Pit?
Goat Funded Trader offers a 80–100% profit split with Bi-weekly payouts processed in 1-2 days. The Trading Pit offers a 80% profit split with Bi-weekly payouts in 1-2 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 The Trading Pit is better aligned with ctrader users who want cfd and futures options. 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 The Trading Pit. 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 The Trading Pit review to go deeper.
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