- Four funding programs with up to $2,500,000 capital
- Stellar 4.9/5 Trustpilot; 90% profit splits
- Excellent support; scaling option available
- Comprehensive trading tools: forex, commodities, indices, and cryptocurrencies
- No trading day restrictions; overnight and news trading allowed.
Goat Funded Trader
- Capital allocation up to $800,000 with 75% to 95% profit share.
- Flexible leverage up to 1:100 and diverse trading instruments.
- Two unique funding programs and time-unlimited evaluation.
- Realistic profit goals (8% & 5%) with overnight/weekend trading.
- News trading allowed with an efficiently designed user interface.
Cons ❌
Funded Trading Plus
- Leverage up to 1:30
- High commission costs on forex pairs
- Trailing Drawdown
Goat Funded Trader
- Newer prop firm
- Limited community feedback
- Absence of a scaling plan
Rules 📋
Funded Trading Plus
Maximum Daily Loss, Maximum Trailing Drawdown, No Weekend Holding, Profit Target, Third Party Copy Trading Risk, Third Party EA Risk
Goat Funded Trader
Maximum Daily Loss, Maximum Loss, Maximum Trading Days, Minimum Trading Days, Profit Target, Third Party Copy Trading Risk, Third Party EA Risk
Funded Trading Plus presents an attractive proposal for retail traders seeking substantial capital for their trading strategies. The firm extends an impressive range of funding programs that can offer traders up to $2,500,000 in trading capital. Such a high level of funding is an immense boon for experienced traders who require significant leverage to execute large volume trades.
A standout feature of this prop firm is the profit split ratio, with traders taking home an enviable 90% of profits. This outpaces the industry standard and is indicative of the firm's commitment to foster a mutually beneficial relationship with its traders.
Customer service is a critical aspect of any service provider, and Funded Trading Plus excels in this domain, offering excellent support rapport as evidenced by its stellar 4.9/5 Trustpilot rating. This commitment to service likely contributes to the positive trading experience reported by many of its users.
Flexibility and inclusiveness are key advantages here, with comprehensive trading tools that cater to a wide array of asset preferences, including forex, commodities, indices, and cryptocurrencies. Moreover, the absence of trading day restrictions coupled with the permissibility of overnight and news trading grants traders the freedom to operate on a schedule that aligns with their personal strategy and the nature of the market.
Goat Funded Trader: An Agile Newcomer
Despite being a newer entrant into the prop trading world with its inception in May 2023, Goat Funded Trader has displayed promising potential. This firm accommodates traders by offering capital allocation up to $800,000 and tailors profit shares varying between 75% to 95% – which can be particularly alluring to traders who manage to achieve strong results.
Goat Funded Trader prides itself on providing flexible leverage options up to 1:100, catering to traders who favor aggressive strategies. Its two distinctive funding programs and the absence of a time limit on evaluation stages indicate a commitment to a trader-centric approach, allowing individuals ample time to demonstrate their proficiency without pressure.
The prop firm also sets realistic profit goals, which can be considered attainable for disciplined traders. The capacity to partake in overnight and weekend trading, as well as during significant news events, adds to the firm's flexible trading conditions.
User Experience and Interface Considerations
User experience is indispensable in today's trading environments, and Goat Funded Trader evidently invests in an intuitively designed interface which can streamline the trading process significantly. In comparison, while Funded Trading Plus does not explicitly highlight its user interface, the overall customer satisfaction indicates a satisfactory user experience.
The Verdict on Funding and Earning Potential
For traders who aim for substantial capital backing, Funded Trading Plus stands out with its high offering. The firm's higher profit split is also attractive, but it is counterbalanced by the absence of cons information, which leaves a gap in understanding the full array of potential challenges.
In contrast, Goat Funded Trader presents a robust case for those favoring immediacy in utility and potential earnings, with varied profit share percentages that are competitive within the industry.
Banking and Account Management
Banking options are comparable, with both firms accepting credit/debit cards and crypto, thereby accommodating the prevalent methods in the trading community. Withdrawal methods are fairly streamlined, although the inclusion of crypto for Funded Trading Plus might provide an edge for those favoring digital currencies.
Trading Instruments and Opportunities
An exhaustive range of tradable instruments can directly influence a trader's potential to capitalize on market opportunities. Both firms are on par with the inclusion of commodities, crypto, forex, indices, and metals. However, Goat Funded Trader edges ahead slightly by also offering stocks, which could be significant for those with a diversified trading portfolio.
Conclusion: A Consideration of Trader Needs and Preferences
While both Funded Trading Plus and Goat Funded Trader have their merits and disadvantages, the choice between the two will inherently depend on the trader’s preferences, trading style, and capital needs. It is essential for potential users to weigh these factors heavily alongside the individual rules and constraints imposed by each firm to determine the best platform for their trading journey.
