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.

FeatureThe Trading PitGoat Funded Trader
The Trading Pit Goat Funded Trader
Founded20222022
Profit Split8080-90%, scaling to 100%
Maximum Account Size$200,000$400,000
Evaluation Phases21-Step, 2-Step, 3-Step, Instant Funding, Goat $1
Trustpilot Rating
Expert Grade9.28.2
ProgramThe Trading PitGoat Funded Trader
Entry Level ProgramPrime 1-PhaseGoat $1
Advanced ProgramPrime 2-Phase1-Step
Scaling OptionsYesYes
Demo AccountNo
CriteriaThe Trading PitGoat Funded Trader
Profit Target10% (1-Phase) or 8%/5% (2-Phase)10% (1-Step), 8%/5% (2-Step), 15% (Goat $1)
Maximum Drawdown7% (1-Phase) or 10% (2-Phase)6% trailing (1-Step), 10% static (2-Step)
Minimum Trading Days33
News TradingYesYes
OptionThe Trading PitGoat Funded Trader
CFD $2.5K AccountUSD 29 / Prime 1-Phase / One-time
CFD $5K AccountUSD 49 / Prime 1-Phase / One-time
CFD $10K AccountUSD 99 / Prime 1-Phase / One-timeUSD 79 / Listed challenge / One-time
CFD $20K AccountUSD 199 / Prime 1-Phase / One-time
CFD $25K AccountUSD 149 / Listed challenge / One-time
CFD $50K AccountUSD 349 / Prime 1-Phase / One-timeUSD 249 / Listed challenge / One-time
CFD $100K AccountUSD 569 / Prime 1-Phase / One-timeUSD 449 / Listed challenge / One-time
CFD $200K AccountUSD 1139 / Prime 1-Phase / One-timeUSD 799 / Listed challenge / One-time
Futures $50K AccountUSD 99 / Futures Prime / One-time
Futures $100K AccountUSD 189 / Futures Prime / One-time
Futures $150K AccountUSD 289 / Futures Prime / One-time
Stocks $25K AccountUSD 99 / Stocks Challenge / One-time
Coupons / DiscountThe Trading Pit discountGoat Funded Trader discount
FeatureThe Trading PitGoat Funded Trader
Trading PlatformscTrader, NinjaTrader, Tradovate, Quantower, ATAS, Rithmic R/Trader ProMetaTrader 5, TradeLocker, Match Trader
ForexYesYes
StocksYesNo
IndicesYesYes
CommoditiesYesYes
CryptocurrenciesYesYes
BondsNoNo
EA/Algo TradingYesYes
FeatureThe Trading PitGoat Funded Trader
Payout TermsBi-weekly (CFD: $100 minimum), follows profitable-day requirements (Futures)Bi-weekly, 80-90% baseline scaling to 100%
See all prop firm payouts →
Key ElementThe Trading PitGoat Funded Trader
StrengthsMulti-asset trading, 80% split from day one, No time limits, Affordable entry, Scaling opportunities, Flexible trading rulesFast 24-hour payouts, No time limits, Swap-free Islamic accounts, Scaling to $2M, Low $1 entry point
Weaknesses80% split capped, Newer firm (2022), Trustpilot flagged, Futures market-data fees, Classic program discontinuedLimited backtesting, Higher initial payment, Dashboard glitches, Unregulated (Saint Lucia/Hong Kong)
Best ForTraders seeking affordable entry, multiple asset classes, and no time pressureDisciplined 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.

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