Goat Funded Trader provides immediate access to a funded account, allowing you to begin trading without delay. To maximize this opportunity, it's crucial to have a flexible trading strategy and a strong risk management plan in place.
Instant Funding - Standard Model
The Instant Funding Standard Model offers immediate access to a funded account with specific rules for managing your trading risks and profits.
Account Violations (Hard Breach)
All Instant funding Models have trailing 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.
Max Daily Drawdown – 4% (Trailing)
What does this mean?
The maximum daily loss limit is 4% of your initial account balance.How is it calculated?
The daily drawdown is calculated daily at 5 PM EST based on your account balance or equity. Your equity must not drop by more than 4% of your initial account balance in a single trading day.
Example:
For a $100,000 account, the daily drawdown limit is $4,000. If your account balance or equity drops below $96,000, you will exceed your daily loss limit
Max Total Drawdown – 8% (Trailing)
What does this mean?
The maximum total drawdown is 8% of your highest recorded account balance, making it a trailing drawdown. This means the drawdown limit increases as your account balance grows.How is it calculated?
The total drawdown is calculated based on your highest account balance. If your account balance increases, your drawdown limit also increases, but it will never exceed 8% of the highest balance reached.Does the Max Drawdown level always move?
The Max Drawdown level adjusts as long as your account's equity increases and it never moves when your equity decreases. However, once you hit a profit of 4% or more of the initial balance, the Max Drawdown level will lock at -4% of the initial balance and will not move again, regardless of any further increases in equity.
Example:
For a $100,000 account:
If your account reaches $104,000, your new trailing drawdown limit becomes $95,680 (8% below your highest balance).
If your account then drops to $103,000, your trailing drawdown limit will still be $95,680.
Can you summarize how the Max Smart Drawdown works?
• Your Max Drawdown starts at 8% of your initial balance (e.g., $46,000 on a $50,000 account).
• The Max Drawdown adjusts as your account's equity grows, allowing you to risk 8% of the initial balance from the highest equity reached.
• Once your account gains 4% profit from the initial balance, the Max Drawdown locks at -4% of the initial balance and will no longer adjust.
Why does the Max Drawdown lock at 4% profit?
The drawdown locks at this level to protect both the trader and the firm while allowing you to keep trading with a fixed risk level. It provides a balance between giving you room to grow your account and maintaining risk management.
How can I monitor my Max Drawdown level?
You can track your Max Drawdown level in your trading dashboard, where it will be updated as your equity changes. The locked level will also be clearly displayed once it has been reached.
What to Expect When You Hit 4% Profit
When your account's profit reaches 4% of the initial balance, the Max Drawdown level locks in at -4% of the initial balance forever, unless scaling target is reached, in that case the new account will restart with Max DD level at -8% from the initial balance.
Example:
For a $50,000 account, once your equity reaches $52,000 (4% profit), your Max Drawdown will lock at $48,000 (which is $52,000 - $4,000). From this point onward, no matter how much your equity grows, your Max Drawdown level will remain at $48,000.
Maximum Loss Per Trade Policy
The Maximum Loss Per Trade Policy is a rule that limits the amount of risk you can take on any single trade idea. This is designed to promote responsible trading and protect both your account and the firm’s capital.
You cannot risk more than 2% of your initial account balance on any single trade idea.
Example: If you have a $50,000 account, your maximum risk per trade idea is $1,000.
Does this policy restrict the lot size I can use?
No, we do not impose any restrictions on the lot size you can use. Your trading style remains completely free. However, the total amount you can risk (i.e., the potential loss) on a single trade must not exceed 2% of your initial balance.
What is considered a “trade idea”?
A "trade idea" refers to any trade or set of trades involving the same instrument and direction. For instance, if you open multiple positions on the same instrument (e.g., EUR/USD) in the same direction (all buy or all sell), these positions are collectively considered one trade idea.
How is the 2% risk calculated for multiple positions on the same instrument?
If you have multiple positions open on the same instrument in the same direction, their combined potential loss must not exceed 2% of your initial balance.
Example: On a $50,000 account, if you have three open buy positions on EUR/USD, the total potential loss across all three positions cannot exceed $1,000.
What happens if I exceed the 2% risk limit?
If you exceed the 2% risk limit, the consequences are as follows:
• First Offense: You will receive a warning, and any profit generated from that trade will be deducted from your account.
• Second Offense: Your account will be terminated due to a breach of the risk management rules.
Can I trade multiple instruments with separate risk limits?
Yes, you can trade multiple instruments, each with its own separate risk limit. However, the risk for each individual trade idea must still adhere to the 2% maximum risk rule based on your initial balance.
Understanding the Scaling Plan in Our Instant Funding Program
1. What is the Scaling Plan?
The Scaling Plan is a feature that allows traders to double their trading account size after achieving a specific profit target. This plan is designed to help traders grow their accounts and potentially increase their earnings.
2. When am I eligible for the Scaling Plan?
You are eligible for the Scaling Plan when you reach a profit of 10% of your initial account balance. For example, if your initial account balance is $50,000, you need to reach a minimum $55,000 to qualify.
3. What are my options once I reach the 10% profit target?
When you hit the 10% profit target, you have three choices:
• Option 1: Keep Trading Normally
You can continue trading with your current account without making any changes.
• Option 2: Request a Normal Reward
You can request a reward based on the standard profit split schedule under our Triple Payday system, allowing you to withdraw your profits while continuing to trade with the same account balance.
• Option 3: Request Account Scaling
If you choose to scale your account, you will receive 50% of the profits generated. After that, you’ll receive a new account with double the initial balance. The new account will operate under the standard rules of our Instant funding program.
4. What happens if I choose to scale my account?
If you request account scaling, you will:
1. Receive a 50% profit split on the 10% profit you’ve generated.
• Example: If you had a $50,000 account and reached the 10% target, generating $5,000 in profit, you would receive $2,500 as your profit split.
2. Be issued a new account with double your initial balance.
• Example: Your new account balance would be $100,000.
5. What are the rules for the new scaled account?
The new account, with doubled initial balance, will start under the normal rules of our funding program. This means that all previous rules, including profit splits, drawdown limits, and reward schedules, will apply to this new account as if it were a standard account from the beginning.
6. What if I don’t want to scale my account?
You’re not required to scale your account if you prefer not to. You can continue trading with your current account and request rewards according to the usual profit split of Triple Payday schedule.
7. How does the profit split work when I choose the scaling option?
When you opt for scaling, you will receive 50% of the profits generated from the minimum 10% target you reached, and you then transition to a new account with a doubled balance.
8. Can I continue scaling my account in the future?
Yes, you can continue scaling your account as you meet future profit targets for a maximum of 3 times. Each time you reach the required profit target of 10%, you are eligible to scale your account, doubling your initial balance for three times. So, starting with a $50,000 account you can aim to scale it up to $400,000 (1st scaling: $100,000, 2nd scaling: $200,000, 3rd scaling: $400,000)
9. How do I request account scaling?
Once you reach the 10% profit target, you can request scaling by contacting our support team or through the designated request form in your trading dashboard.
Instant Funding GOAT Model
The Instant Funding GOAT Model offers immediate access to a funded account with specific rules for managing your trading risks and profits.
Account Violations (Hard Breach)
All Instant funding Models have trailing 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.
Max Daily Drawdown – 3% (Trailing)
What does this mean?
The maximum daily loss limit is 3% of your initial account balance.How is it calculated?
The daily drawdown is calculated daily at 5 PM EST based on your account balance or equity. Your equity must not drop by more than 3% of your initial account balance in a single trading day.
Example:
For a $100,000 account, the daily drawdown limit is $3,000. If your account balance or equity drops below $97,000, you will exceed your daily loss limit
Max Total Drawdown – 6% (Trailing)
What does this mean?
The maximum total drawdown or Instant Goat accounts is a trailing drawdown set at 6% of the equity value at the end of each trading day. This means that your maximum loss limit adjusts based on your account’s performance at the end of each day. If your equity increases, your maximum drawdown limit also moves up. However, it does not decrease if your equity drops, ensuring a dynamic but protective risk management system.
Example:
For a $100,000 account:
If your account reaches $104,000 at the end of a trading day, your new trailing drawdown limit becomes $97,760 (6% below your account’s equity)
If your account then drops to $103,000, your new trailing drawdown limit will still be $97,760.
Your drawdown limit follows your Equity value at the end of each trading day and remains 6% of that value.
Understanding the Maximum Loss Per Trade Rule
If your floating profit and loss (PnL) drops below -2% of your account balance at any moment, the account will be permanently closed. This rule enforces strict risk management and prevents excessive losses.
For example, on a $50,000 account, if your combined open trade losses reach -$1,000 (-2%), the account will be immediately closed.
Minimum trading day requirement for Instant Goat accounts
Traders on Instant Goat accounts must complete at least 5 trading days before requesting a reward. These trading days do not have to be consecutive, but to be considered a trading day there must be a minimum profit of 0.5% of initial balance generated.
Consistency Rule
What is it?
The consistency rule ensures steady and sustainable profits over time. It states that no single trading day can account for 15% or more of your total profits during a payout period.
Example:
If you make $1,500 in one trading day, your total profits must reach at least $10,000 to be eligible to request a payout. You cannot request a payout until the highest profit day falls below 15% of the total profits for the period.
What Happens if I Violate the 15% Rule?
Will my account be terminated?
No, violating the 15% rule will not result in account termination. However, you will be unable to request a payout until your highest profit trading day is below 15% of your total profits.
What should I do next?
Continue trading and generating profits until your highest profit day falls below the 15% threshold. Once this happens, you will be eligible to request a payout again.
Rewards
Profit Split
Standard Model
Traders receive a 65% profit split on the first payout as standard, 70% on the next and 80% on the third reward onwards. Example: If a trader earns a profit of $5,000 and requests a reward, they will receive $3,250 as their total reward.
GOAT Model
Traders receive a 80% profit split as standard. Example: If a trader earns a profit of $5,000 and requests a payout, they will receive $4,000 as their total payout.
Upon checkout you have the option to upgrade with an add on to:
100% PROFIT SPLIT
Reward Cycle
Standard Model
We offer triple payday rewards, allowing traders to withdraw their profits every 10 days. Simply request a reward, and your earnings will be processed accordingly.
GOAT Model
We offer bi-weekly payouts, allowing traders to withdraw their profits every 14 days. Simply request a rewards, and your earnings will be processed accordingly.
Additional Details
Important Updates: Please monitor our website or Discord for announcements regarding trading parameters, updates, or system changes.
All calculations include closed trade profits/losses, floating positions, swap fees, and commissions.
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.