Goat Funded Trader vs The Trading Pit - Prop Firm Comparison
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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 Trustpilot rating that is not currently published. 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 Facts
| Feature | Goat Funded Trader | The Trading Pit |
|---|---|---|
|  | |
| Founded | 2022 | 2022 |
| Profit Split | 80-90%, scaling to 100% | 80 |
| Maximum Account Size | $400,000 | $200,000 |
| Evaluation Phases | 1-Step, 2-Step, 3-Step, Instant Funding, Goat $1 | 2 |
| Trustpilot Rating | — | — |
| Expert Grade | 8.2 | 9.2 |
Program Types
| Program | Goat Funded Trader | The Trading Pit |
|---|---|---|
| Entry Level Program | Goat $1 | Prime 1-Phase |
| Advanced Program | 1-Step | Prime 2-Phase |
| Scaling Options | Yes | Yes |
| Demo Account | No | — |
Rules & Assessment
| Criteria | Goat Funded Trader | The Trading Pit |
|---|---|---|
| Profit Target | 10% (1-Step), 8%/5% (2-Step), 15% (Goat $1) | 10% (1-Phase) or 8%/5% (2-Phase) |
| Maximum Drawdown | 6% trailing (1-Step), 10% static (2-Step) | 7% (1-Phase) or 10% (2-Phase) |
| Minimum Trading Days | 3 | 3 |
| News Trading | Yes | Yes |
Fees & Pricing
| Option | Goat Funded Trader | The Trading Pit |
|---|---|---|
| CFD $2.5K Account | Not offered | USD 29 / Prime 1-Phase / One-time |
| CFD $5K Account | Not offered | USD 49 / Prime 1-Phase / One-time |
| CFD $10K Account | USD 79 / Listed challenge / One-time | USD 99 / Prime 1-Phase / One-time |
| CFD $20K Account | Not offered | USD 199 / Prime 1-Phase / One-time |
| CFD $25K Account | USD 149 / Listed challenge / One-time | Not offered |
| CFD $50K Account | USD 249 / Listed challenge / One-time | USD 349 / Prime 1-Phase / One-time |
| CFD $100K Account | USD 449 / Listed challenge / One-time | USD 569 / Prime 1-Phase / One-time |
| CFD $200K Account | USD 799 / Listed challenge / One-time | USD 1139 / Prime 1-Phase / One-time |
| Futures $50K Account | Not offered | USD 99 / Futures Prime / One-time |
| Futures $100K Account | Not offered | USD 189 / Futures Prime / One-time |
| Futures $150K Account | Not offered | USD 289 / Futures Prime / One-time |
| Stocks $25K Account | Not offered | USD 99 / Stocks Challenge / One-time |
| Coupons / Discount | Goat Funded Trader discount | The Trading Pit discount |
Platforms & Markets
| Feature | Goat Funded Trader | The Trading Pit |
|---|---|---|
| Trading Platforms | MetaTrader 5, TradeLocker, Match Trader | cTrader, NinjaTrader, Tradovate, Quantower, ATAS, Rithmic R/Trader Pro |
| Forex | Yes | Yes |
| Stocks | No | Yes |
| Indices | Yes | Yes |
| Commodities | Yes | Yes |
| Cryptocurrencies | Yes | Yes |
| Bonds | No | No |
| EA/Algo Trading | Yes | Yes |
Payout
| Feature | Goat Funded Trader | The Trading Pit |
|---|---|---|
| Payout Terms | Bi-weekly, 80-90% baseline scaling to 100% | Bi-weekly (CFD: $100 minimum), follows profitable-day requirements (Futures) |
| See all prop firm payouts → | ||
Verdict
| Key Element | Goat Funded Trader | The Trading Pit |
|---|---|---|
| Strengths | Fast 24-hour payouts, No time limits, Swap-free Islamic accounts, Scaling to $2M, Low $1 entry point | Multi-asset trading, 80% split from day one, No time limits, Affordable entry, Scaling opportunities, Flexible trading rules |
| Weaknesses | Limited backtesting, Higher initial payment, Dashboard glitches, Unregulated (Saint Lucia/Hong Kong) | 80% split capped, Newer firm (2022), Trustpilot flagged, Futures market-data fees, Classic program discontinued |
| Best For | Disciplined traders managing trailing drawdown risk; Islamic-compliant trading | Traders seeking affordable entry, multiple asset classes, and no time pressure |
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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