The 3-Step Model is designed to test and refine your trading skills through three phases. Successfully completing all three phases without violating any trading rules will qualify you for a funded account.
Overview of All Steps
Step 1 Trading Objectives:
Achieve a 6% profit target.
Max daily loss: 4% | Max overall loss: 8%
Complete a minimum of 3 trading days to pass the evaluation.
Adhere to the trading rules and loss limits.
Upon successfully passing, you will automatically proceed to the next step.
Step 2 Trading Objectives:
Achieve a 6% profit target.
Max daily loss: 4% | Max overall loss: 8%
Complete a minimum of 3 trading days to pass the evaluation.
Adhere to the trading rules and loss limits.
Upon successfully passing, you will automatically proceed to the next step.
Step 3 Trading Objectives:
Achieve a 6% profit target.
Max daily loss: 4% | Max overall loss: 8%
Complete a minimum of 3 trading days to pass the evaluation.
Adhere to the trading rules and loss limits.
Upon successfully passing, your entire evaluation period will be reviewed. Congratulations, once the review is a success, you will be a funded GOAT Trader.
Account Violations (Hard Breach)
All 3 Step Models have static drawdown.
Hard breach are serious violations to our established rules. A hard breach happens when a trader exceeds the maximum daily loss or total drawdown limit, resulting in the immediate closure of the account. This applies during evaluation and funded.
Daily Drawdown Limit – 4%
What does this mean?
The maximum daily loss allowed is 4% of your initial account balance. This is calculated daily at 5 PM EST, based on the higher value of either your account balance or account equity.How is it calculated?
At the 5 PM EST day reset:We check the higher of your account balance or equity.
We subtract 4% of the initial account balance from this value to calculate your daily drawdown limit for the next day.
Example 1: Higher Equity
With a $105k balance and a $107k equity, your equity cannot fall below $102,720 that day.
Example 2: Higher Balance
With a $100k balance and a $99k equity, your equity cannot fall below $96,000 that day.
Maximum Loss Limit – 8%
The Maximum Loss Limit is the total amount your equity or balance cannot go below. Violating this rule is a hard breach and will lead to the closure of your account.
Maximum Loss Limit: 8% (of the initial account size)
Example:
For a $100,000 account, your equity or balance cannot drop below $92,000.
Additional Details
All closed trade profits/losses, swap fees, and commissions are included.
Important Updates:
Please monitor our website or Discord for announcements regarding trading parameters, updates, or system changes.
Rewards
Profit Split
Traders receive a 80% profit split as standard. Example: If a trader earns a profit of $5,000 and requests a reward, they will receive $4,000 as their total reward.
Upon checkout you have the option to upgrade with an add on to:
100% PROFIT SPLIT
Reward Cycle
We offer bi-weekly rewards, allowing traders to withdraw their profits every 14 days. Simply request a reward, and your earnings will be processed accordingly.
Upon checkout you have the option to upgrade with an add on to:
REWARD ON DEMAND (First Reward in 3 DAYS)
Daily Profit Cap
Daily Profit Cap: Funded traders can earn a max of $3,000 per trading day (excess profits are deducted but not considered a violation).
N.B –
First Two Payouts: Traders can withdraw a maximum of 6% of their initial account balance per payout (excess funds remain in the account).
After Two Payouts: No withdrawal limits apply, and traders can withdraw their full profit share.
Leverage
The account leverage is the ratio of a trader’s capital to the size of positions they can control.
- Forex 1:100
- Indices : 1:20
- Commodities : 1:20
- Crypto : 1:2
Max Leverage is applied to all phases of the Evaluation.
Consequently, we use lower leverage to protect us from unforeseen losses as a distributor of large capital on a funded account.
- Forex: 1:50
- Indices : 1:10
- Commodities : 1:10
- Crypto : 1:2
Depending on the traders’ risk management we increase the leverage back to its Max.