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Pay Later Model

This is a 1-phase evaluation challenge designed to provide traders with a straightforward path to becoming funded. Once you pass the evaluation phase, you will receive a live funded account — no second phase required.

Updated yesterday

Objective

Step 1 (Evaluation)

Step 2 (Funded)

Profit Target

4%

None

Daily Drawdown

None

3%

Max Total Loss

8% (Trailing)

6% (Trailing)

Min. Trading Days

None

3 Days (per payout)

Max Loss Per Trade

2%

2%

Consistency Rule

No

20%


How much does it cost to join?

The initial cost is only $5, which covers server and infrastructure expenses.

You will only be required to pay the full challenge fee after passing the evaluation, just before receiving your funded account


How much will I pay after passing?

  • 5k challenge - $78

  • 10k challenge - $118

  • 15k challenge - $168

  • 25k challenge - $238

  • 50k challenge - $368

  • 100k challenge - $598


Step 1 (Evaluation)

To pass Step 1, you must:

  • Achieve a 4% profit target

  • Follow all trading rules and loss limits

✅ After passing Step 1, your entire evaluation is reviewed. If successful, you become a Funded GOAT Trader (Simulated Funded Account).


Step 2 (Funded)

  • Complete at least 3 trading days to be eligible for a Payout (Resets after each payout)

  • Follow all trading rules and loss limits


What Is A Trading Day?

  • A valid trading day is when the profit made on that day is at least 0.5% of the initial account balance.


Account Violations (Hard Breach)

1. Maximum Drawdown (Both Phase 1 And Funded)

The Maximum Drawdown is trailing and is calculated based on the highest value between your account balance or equity at the time of the daily rollover (5 PM EST)..

How Does It Work?

  • The drawdown level moves up whenever your balance or equity reaches a new high at rollover.

  • The drawdown level never moves down, even if your equity decreases later.

  • Once the trailing drawdown reaches your initial account balance, it becomes locked and will no longer move upward.

Example:

If you start with a $100,000 account:

  • Initial maximum drawdown level: $94,000 (8% phase 1 / 6% funded phase)

  • If your account equity increases with profits, the trailing drawdown also moves up untill it reaches the initial account balance of $100,000, once it does it then becomes locked.


2. Daily Drawdown Limit 3% (Funded Phase Only)

How is it calculated?

  • At 5:00 PM EST, we check the higher value between the Account Balance or Account Equity.

  • Subtract 4% of the initial account size from that value to set the Daily Drawdown Threshold for the next trading day.

Example:

  • Account Balance: $105,000

  • Account Equity: $107,000 (Higher)

  • Threshold = ($100,000 × 3%) = $3,000

  • $107,000 - $3000 = $104,000
    📌 Your balance/equity must stay above $104,000 for that day.


What is the consistency rule?

  • The consistency rule only applies to the funded stage.

  • Your most profitable trading day must not exceed 20% of your total profits during the payout period.


Understanding the Maximum Loss Per Trade Rule

  • The Maximum Loss Per Trade rule is designed to enforce strict risk management and prevent excessive losses on a single trade.

  • If your floating profit and loss (PnL) falls below -2% of your account balance at any time, the account will be permanently closed.

  • This rule is based on floating losses, meaning it applies to open trades before they are closed

Example: For a $50,000 account:

  • 2% of the account balance = $1,000

  • If the floating loss on a trade reaches -$1,000 (-2%), the account will be immediately closed.


💰 Rewards & Profit Split

Once you are a Funded GOAT Trader, the following rules apply:

Profit Split: 80% (Traders keep 80% of their profit).

Payout Cycle: Bi-weekly (Every 14 days).

Optional Add-ons (Available At Checkout)

  • 100% Profit Split:


⚙️ Trading

Leverage Settings

To maintain a professional risk environment, leverage is adjusted between phases:

  • Evaluation Phases: Forex (1:100), Indices/Commodities (1:20), Crypto (1:2).

  • Funded Phase: Forex (1:50), Indices/Commodities (1:10), Crypto (1:2).

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