The Trading Pit vs Goat Funded Trader - Prop Firm Comparison
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Introduction
When comparing prop trading firms, The Trading Pit and Goat Funded Trader each offer distinct paths to funded trading. The Trading Pit is Liechtenstein / Cyprus-based, founded in 2022, and is known for Low $49 entry price, Supports both CFD and Futures. It holds a 4.6/5 (3,000+ reviews) Trustpilot rating. Goat Funded Trader, based in Spain, was founded in 2022 and stands out for $1 challenge entry promos, Up to 100% profit split, 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
Program Types
| Program | The Trading Pit | Goat Funded Trader |
|---|---|---|
| Entry Level Program | Prime 1-Phase | Goat $1 |
| Advanced Program | Prime 2-Phase | 1-Step |
| Scaling Options | Yes | Yes |
| Demo Account | — | No |
Rules & Assessment
| Criteria | The Trading Pit | Goat Funded Trader |
|---|---|---|
| Profit Target | 10% (1-Phase) or 8%/5% (2-Phase) | 10% (1-Step), 8%/5% (2-Step), 15% (Goat $1) |
| Maximum Drawdown | 7% (1-Phase) or 10% (2-Phase) | 6% trailing (1-Step), 10% static (2-Step) |
| Minimum Trading Days | 3 | 3 |
| News Trading | Yes | Yes |
Fees & Pricing
| Option | The Trading Pit | Goat Funded Trader |
|---|---|---|
| CFD $2.5K Account | USD 29 / Prime 1-Phase / One-time | Not offered |
| CFD $5K Account | USD 49 / Prime 1-Phase / One-time | Not offered |
| CFD $10K Account | USD 99 / Prime 1-Phase / One-time | USD 79 / Listed challenge / One-time |
| CFD $20K Account | USD 199 / Prime 1-Phase / One-time | Not offered |
| CFD $25K Account | Not offered | USD 149 / Listed challenge / One-time |
| CFD $50K Account | USD 349 / Prime 1-Phase / One-time | USD 249 / Listed challenge / One-time |
| CFD $100K Account | USD 569 / Prime 1-Phase / One-time | USD 449 / Listed challenge / One-time |
| CFD $200K Account | USD 1139 / Prime 1-Phase / One-time | USD 799 / Listed challenge / One-time |
| Futures $50K Account | USD 99 / Futures Prime / One-time | Not offered |
| Futures $100K Account | USD 189 / Futures Prime / One-time | Not offered |
| Futures $150K Account | USD 289 / Futures Prime / One-time | Not offered |
| Stocks $25K Account | USD 99 / Stocks Challenge / One-time | Not offered |
| Coupons / Discount | The Trading Pit discount | Goat Funded Trader discount |
Platforms & Markets
| Feature | The Trading Pit | Goat Funded Trader |
|---|---|---|
| Trading Platforms | cTrader, NinjaTrader, Tradovate, Quantower, ATAS, Rithmic R/Trader Pro | MetaTrader 5, TradeLocker, Match Trader |
| Forex | Yes | Yes |
| Stocks | Yes | No |
| Indices | Yes | Yes |
| Commodities | Yes | Yes |
| Cryptocurrencies | Yes | Yes |
| Bonds | No | No |
| EA/Algo Trading | Yes | Yes |
Payout
| Feature | The Trading Pit | Goat Funded Trader |
|---|---|---|
| Payout Terms | Bi-weekly (CFD: $100 minimum), follows profitable-day requirements (Futures) | Bi-weekly, 80-90% baseline scaling to 100% |
| See all prop firm payouts → | ||
Verdict
| Key Element | The Trading Pit | Goat Funded Trader |
|---|---|---|
| Strengths | Multi-asset trading, 80% split from day one, No time limits, Affordable entry, Scaling opportunities, Flexible trading rules | Fast 24-hour payouts, No time limits, Swap-free Islamic accounts, Scaling to $2M, Low $1 entry point |
| Weaknesses | 80% split capped, Newer firm (2022), Trustpilot flagged, Futures market-data fees, Classic program discontinued | Limited backtesting, Higher initial payment, Dashboard glitches, Unregulated (Saint Lucia/Hong Kong) |
| Best For | Traders seeking affordable entry, multiple asset classes, and no time pressure | Disciplined traders managing trailing drawdown risk; Islamic-compliant trading |
FAQ
What makes The Trading Pit stand out among prop firms?
The Trading Pit, based in Liechtenstein / Cyprus, was founded in 2022 and is best known for low $49 entry price, supports both cfd and futures. With a minimum evaluation cost of $49 and a 80% profit split, it offers a strong value proposition for ctrader users who want cfd and futures options.
How does Goat Funded Trader differ from other prop firms?
Goat Funded Trader, based in Spain and founded in 2022, differentiates itself through $1 challenge entry promos, Up to 100% profit split. With a 80–100% profit split and 2-Step, 1-Step, Instant evaluation, it is particularly suited to cost-conscious traders seeking accessible entry.
Which firm offers better payouts – The Trading Pit or Goat Funded Trader?
The Trading Pit offers a 80% profit split with Bi-weekly payouts processed in 1-2 days. Goat Funded Trader offers a 80–100% 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. The Trading Pit is best suited to cTrader users who want CFD and futures options, while Goat Funded Trader is better aligned with cost-conscious traders seeking accessible entry. 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 The Trading Pit and Goat Funded Trader. 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 The Trading Pit review or read the Goat Funded Trader review to go deeper.
