Goat Funded Trader vs TradeDay - Prop Firm Comparison
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Introduction
When comparing prop trading firms, Goat Funded Trader and TradeDay 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. TradeDay, based in USA, was founded in N/A and stands out for 4 platform options including TradingView, 30% off with code OPSODO, holding a 4.6/5 (2,000+ 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
Program Types
| Program | Goat Funded Trader | TradeDay |
|---|---|---|
| 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 | TradeDay |
|---|---|---|
| Profit Target | 10% (1-Step), 8%/5% (2-Step), 15% (Goat $1) | $10,000 gross ceiling (Quick Pay) |
| Maximum Drawdown | 6% trailing (1-Step), 10% static (2-Step) | $2,000/$3,000/$4,500 by account size; trailing, freezing at starting balance |
| Minimum Trading Days | 3 | 5 |
| News Trading | Yes | No |
Fees & Pricing
| Option | Goat Funded Trader | TradeDay |
|---|---|---|
| CFD $10K Account | USD 79 / Listed challenge / One-time | Not offered |
| CFD $25K Account | USD 149 / Listed challenge / One-time | Not offered |
| CFD $50K Account | USD 249 / Listed challenge / One-time | Not offered |
| CFD $100K Account | USD 449 / Listed challenge / One-time | Not offered |
| CFD $200K Account | USD 799 / Listed challenge / One-time | Not offered |
| Futures $50K Account | Not offered | USD 125 / Quick Pay Intraday / Monthly |
| Futures $100K Account | Not offered | USD 230 / Quick Pay Intraday / Monthly |
| Futures $150K Account | Not offered | USD 350 / Quick Pay Intraday / Monthly |
| Coupons / Discount | Goat Funded Trader discount | TradeDay discount |
Platforms & Markets
| Feature | Goat Funded Trader | TradeDay |
|---|---|---|
| Trading Platforms | MetaTrader 5, TradeLocker, Match Trader | — |
| Forex | Yes | No |
| Stocks | No | No |
| Indices | Yes | — |
| Commodities | Yes | No |
| Cryptocurrencies | Yes | No |
| Bonds | No | — |
| EA/Algo Trading | Yes | — |
Payout
| Feature | Goat Funded Trader | TradeDay |
|---|---|---|
| Payout Terms | Bi-weekly, 80-90% baseline scaling to 100% | Minimum $250 |
| See all prop firm payouts → | ||
Verdict
| Key Element | Goat Funded Trader | TradeDay |
|---|---|---|
| Strengths | Fast 24-hour payouts, No time limits, Swap-free Islamic accounts, Scaling to $2M, Low $1 entry point | No daily drawdown, earned split, transparent pass rates (36%), trader-friendly consistency rule, Day One payouts |
| Weaknesses | Limited backtesting, Higher initial payment, Dashboard glitches, Unregulated (Saint Lucia/Hong Kong) | $10,000 profit ceiling confiscates excess, 50/50 starting split, metals banned, Quick Pay converts to intraday when funded, monthly subscription model |
| Best For | Disciplined traders managing trailing drawdown risk; Islamic-compliant trading | Futures traders avoiding daily loss limits; transparent disclosure valued |
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 TradeDay differ from other prop firms?
TradeDay, based in USA and founded in N/A, differentiates itself through 4 platform options including TradingView, 30% off with code OPSODO. With a up to 90% profit split and 1-Step evaluation, it is particularly suited to tradingview users wanting us-based futures alternative.
Which firm offers better payouts – Goat Funded Trader or TradeDay?
Goat Funded Trader offers a 80–100% profit split with Bi-weekly payouts processed in 1-2 days. TradeDay offers a up to 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 TradeDay is better aligned with tradingview users wanting us-based futures alternative. 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 TradeDay. 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 TradeDay review to go deeper.