Goat Funded Trader vs Leveled Up Society

Incorporation ๐Ÿ
Goat Funded Trader
May 2023
Leveled Up Society
April 2021
Pros โœ…
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.
Leveled Up Society
- Account balance up to $1,000,000 with boundless evaluation retries - Profit shares of 80% to 90% with fortnightly distributions - Open positions permitted overnight and on weekends - Account scaling features with 1:100 leverage - Comprehensive trading assets: forex, commodities, and more.
Cons โŒ
Goat Funded Trader
- Newer prop firm - Limited community feedback - Absence of a scaling plan
Leveled Up Society
- Trailing drawdown for single-step accounts - Martingale tactic is off-limits - Restrictions on news-based trading
Rules ๐Ÿ“‹
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
Leveled Up Society
Maximum Daily Loss, Maximum Loss, Minimum Trading Days, No Martingale Allowed, No News Trading, Profit Target, Third Party Copy Trading Risk, Third Party EA Risk
Deposit ๐Ÿง
Goat Funded Trader
Credit/debit cards, Crypto
Leveled Up Society
Credit/debit cards, Crypto
Withdrawal ๐Ÿ’ฐ
Goat Funded Trader
Deel
Leveled Up Society
Deel
Account Size ๐Ÿช™
Goat Funded Trader
"$100,000 USD", "$15,000 USD", "$200,000 USD", "$25,000 USD", "$50,000 USD", "$8,000 USD"
Leveled Up Society
"$10,000 USD", "$100,000 USD", "$200,000 USD", "$25,000 USD", "$50,000 USD"
Instruments ๐Ÿ“ˆ
Goat Funded Trader
Commodities, Crypto, Forex, Indices, Metals, Stocks
Leveled Up Society
Commodities, Crypto, Forex, Indices, Metals
Currencies ๐Ÿ’ฑ
Goat Funded Trader
USD
Leveled Up Society
USD

Capital and Profit Potential

For traders looking to manage significant funds, both Goat Funded Trader and Leveled Up Society offer appealing options. Goat Funded Trader's capital allocation peaks at $800,000, with a generous profit share ranging from 75% to 95%, catering to traders with various risk appetites. On the other side, Leveled Up Society raises the bar with account balances up to $1,000,000. They offer an 80% to 90% profit share with the added benefit of fortnightly distributions, which is particularly attractive to traders looking for regular income from their trading activities.

Leverage and Trading Instruments

Both firms boast flexible leverage up to 1:100 and a broad selection of trading instruments. This provides ample opportunity for experienced traders to execute sophisticated strategies across numerous markets. While Goat Funded Trader adds stocks to its list of tradeable instruments, offering an edge for those looking to diversify further, Leveled Up Society counters with a comprehensive set that includes forex, commodities, and more, promising variety for traders of all preferences.

Funding Programs and Evaluation

Goat Funded Trader stands out with its two unique funding programs and time-unlimited evaluations, paired with realistic profit goals of 8% and 5%. This structure is well-suited for traders who value flexibility and a self-paced journey toward scaling their accounts. Conversely, Leveled Up Society's boundless evaluation retries showcase a commitment to trader development and continuous learning, regardless of the number of attempts a trader may need to succeed.

Trading Hours and Strategies

Both prop firms allow overnight and weekend holding of positions, which is invaluable for traders who follow strategies that span multiple trading sessions. However, when it comes to news trading, Goat Funded Trader takes the lead by permitting this often volatile strategy. In contrast, Leveled Up Society places restrictions on news-based trades, which may be a drawback for those who rely on economic events to drive their trading decisions.

Operational Format and User Experience

Traders will find compelling account scaling features at Leveled Up Society, indicating a structure that rewards consistent performance. Goat Funded Traderโ€™s efficiently designed user interface may contribute positively to the overall trading experience, especially when it comes to managing trades and assessing performance.

Rules and Restrictions

Both firms enforce rules like Maximum Daily Loss and Maximum Loss caps, providing necessary risk management. Goat Funded Trader includes Minimum and Maximum Trading Day rules, which can influence a trader's time management and strategy. Leveled Up Society's prohibition of the Martingale strategy indicates a risk-averse stance toward this particular trading method, which could be a crucial deciding factor for traders who employ such techniques.

Funding and Withdrawals

Similarities continue in the financial logistics area, with both firms accepting deposits via credit/debit cards and cryptocurrencies, and withdrawals processed through Deel, a streamlined payment platform conducive to international traders.

Operational History and Trust

While Goat Funded Trader has newly entered the market in May 2023, their fresh perspective might bring innovative approaches to trader funding. Leveled Up Society has been incorporated since April 2021, providing them with a potentially more established reputation and operational experience in the prop trading industry. In conclusion, retail traders and prospective users will weigh these factors based on individual trading styles, risk tolerance, and preferences for learning and growth opportunities within a prop firm's environment. Both Goat Funded Trader and Leveled Up Society present robust offerings with nuanced differences that cater to a diverse array of trader needs.