What are Prohibited Trading Practices?
Updated
- Exploit errors or latency in the pricing and/or platform(s) provided by the Broker
- Utilize non-public and/or insider information
- Front-run trades placed elsewhere
- Trade in any way that jeopardizes the relationship GoatFundedTrader has with a broker or may result in the cancelling of trades
- Trade in any way that creates regulatory issues for the Broker
- All-0r-Nothing Trading, where you can lose the account in one trade
- If we decide that your trading style is not suitable for a long-term collaboration, and no other policy violation is found, we will close your account or accounts and refund your fee in full
- We strictly prohibit hedging positions within the same trading account, between accounts owned by the same traders, and between accounts owned by different traders. Hedging is defined as the act of opening two opposite positions on the same asset, regardless of differences in lot size or calculated risk. This policy is in place to ensure fair and transparent trading practices within our community and to uphold the integrity of our trading environment. Hedging can lead to confusion in risk management and may create unfair advantages or disadvantages for traders.
- Utilize any third-party strategy, Expert Advisor, off-the-shelf strategy or one marketed to pass assessment accounts will lead to a breach of your account or reward. Only EAs you developed yourself are allowed, and our team has the right to request proof of ownership, such as the source code, at any time
- Utilize one strategy to pass an assessment and then utilizing a different strategy in a simulated funded account, refers only to the use of EA in assessment and manual trading in simulated Funded stage and vice versa, as determined by GoatFundedTrader in its sole discretion
- Copying trades from other traders, signal providers or third-party services is prohibited. You may copy trades between your own Goat Funded Trader accounts, including between evaluation and funded accounts, only through the GOAT Trade Copier in the Trader Dashboard. Copying from external accounts and using any other trade copier are prohibited. This rule applies from October 12, 2026. After successfully passing the evaluation process, you have the flexibility to either combine the Funded accounts into a single account or keep them separate, based on your personal preference.
- If Goat Funded Trader detects that your trading constitutes Prohibited Trading Practices, your participation in the program will be terminated, the fee you paid will not be refunded, and any profits or pending payouts will not be paid. Additionally, and before you shall receive a simulated funded account, your trading activity under these Terms and Conditions shall be reviewed by Goat Funded Trader to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, you shall not receive a simulated funded account or, if trading already trading in a simulated funded account, we may close that account, in which case you will forfeit any profits therein.
- Martingale Trading - Martingale trading strategies are strictly prohibited on all Goat Funded Trader accounts.
This includes any strategy that involves increasing lot sizes or trade volume after a loss in an attempt to recover previous losses. Such strategies are considered high-risk and violate our risk management and responsible trading policies.
Using Martingale or similar grid-based recovery systems may result in account termination and forfeiture of any associated profits or payouts.
We encourage all traders to use consistent, risk-managed strategies that align with our trading rules and sustainable trading practices.
Abuse of the Simulated Environment
Clear abuse of the simulated environment is characterized by continuously executing large-volume trades without a clear or logical trading strategy. This behaviour disregards fundamental market analysis and risk management practices and does not provide us with viable trading data. Accounts engaging in consistent, high volume trades without a coherent strategy may be flagged for review. This allows us to assess and take appropriate action to maintain a fair trading environment consistent with our mission of obtaining credible trading data. Accounts identified to be consistently executing large-volume trades without a clear strategy may face warnings, temporary limitations on trading activities, or in severe cases, suspension, or termination to uphold the platform's trading policies.