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Fundex logoFundex
Goat Funded Trader logoGoat Funded Trader
Headquarters

World Trade Center 200-B, Suite 306, Calle 53 Este, Marbella, Panama City

The Sotheby Building, Ground Floor, Rodney Village, Rodney Bay, Gros-Islet, SW18 1TA, St. Lucia

Country

Panama

St. Lucia

Foundation

2025

2023

Banned Countries
Pakistan, Afghanistan, Myanmar, Iraq, Somalia, Sudan, South Sudan, Libya, Yemen, United Arab Emirates, North Korea, Iran, Syria, Cuba, Belarus, Russia
Russia, Cuba, Sudan, Somalia, Iran, Lebanon, Syria, North Korea, Libya, Vietnam
Assets
Forex, Commodities, Indices, Stocks, ETFs, Crypto
Forex, Indices, Commodities, Crypto
Brokers

Pure Market for CFDs. Bitunix provides the market conditions and pricing for crypto perpetuals traded through Fundex Terminal.

Liquidity Providers

Refund
✗
✓
Platforms
MatchTrader, Propietary Platform
MatchTrader, cTrader, TradeLocker, Volumetrica, MetaTrader5
Payout Methods
Rise
Transfer, Rise, Crypto
Payment Methods
Card, Crypto, ApplePay, GooglePay
ApplePay, Korapay, Card, GooglePay, PayPal, Crypto, Skrill, IMPS
Payout Frequency

On demand, with no fixed windows, waiting periods or limit on request frequency. Fundex states that most requests are processed within 60 minutes and all within a maximum of 24 hours, including weekends and public holidays.

  • Biweekly
  • Evaluation accounts can be purchased with an add-on to get the first payout On Demand with 40% profit split
  • Standard Instant Funding have 'Triple payday' rewards, allowing traders to withdraw profits every 10 days.
  • Instant Premium: every 10 days
  • Instant HERO: every 14 days
Crypto Weekend Trading
✓
✓
Maximum Withdrawal

No published maximum.

For the first two reward requests, traders can withdraw a maximum of 6% of the initial account balance.

Minimum Withdrawal

$50

$100

Payout Guarantee

If the payout takes longer than promised (2 business days), the trader automatically receives an extra $500 reward, guarantee.

Forex
100:1
  • Evaluation phases: 100:1
  • Funded phase: 50:1
Metals

CFDs: up to 20:1. Fundex Terminal: 1:1 or 2:1, depending on the instrument.

  • Evaluation phases: 20:1
  • Funded phase: 10:1
Energies
20:1
  • Evaluation phases: 20:1
  • Funded phase: 10:1
Indices
20:1
  • Evaluation phases: 20:1
  • Funded phase: 10:1
Stocks
1:1
  • Evaluation phases: 5:1
  • Funded phase: 5:1
Crypto

Up to 4:1 on BTCUSDT and ETHUSDT; up to 2:1 on other cryptocurrencies, with some instruments limited to 1:1.

  • Evaluation phases: 2:1
  • Funded phase: 2:1
Crypto
0.02% - 0.06%
0
Forex
5 / lot
Metals
5 / lot
Energies
0
Indices
0
Stocks
0
Add-ons
✗
✓
Instant
✗
✓
One Step
✗
✓
Account scaling
✗
✓
Two Steps
✓
✓
Max Drawdown
  • 2-Step Classic: Evaluation uses a 10% static maximum drawdown from the starting balance, measured on equity and reset when Phase 2 begins. Once funded, a 10% drop from the original balance while in B-Book causes a permanent breach.
  • 2-Step Pro: 8% static maximum drawdown.
  • 1-Step, 2-Step, 3-Step: Static
  • Instant Funding: Trailing
  • Instant Premium: EOD high-watermark; not recalculated intraday or downward
Profit Split

2-Step Classic starts at a 70% trader profit split. 2-Step Pro starts at 80%. The split applies to eligible A-Book profits generated above the starting balance and after clearing any prior B-Book offset; on 2-Step Pro it is calculated when the payout is requested. Fundex's legal terms state that payments are discretionary bonuses rather than a fixed contractual split.

Profit split varies by product; see challenges. Add-ons may offer a higher split.

Free Trial
✓
✗
Profit After Breach

Evaluation: reaching the daily or total loss threshold causes a breach. Funded: permanent breach follows four consecutive unrecovered B-Book switches, or a 10% decline from the original balance while the account is in B-Book.

dailyDrawdown

Evaluation: 5%, recalculated at 00:00 UTC from the balance at that time and measured on equity. There is no daily loss limit at the funded stage.

Most models: highest balance or equity recorded at end of day (EOD high-watermark).

  • Instant HERO: daily starting balance at 5 PM EST.
Three Steps
✗
✓
Max Allocation
400,000

$400,000 on every country except Pakistan, where the maximum is $50,000

Maximum Accounts

Multiple evaluations and accounts are allowed. Total funded allocation is capped at $400,000.

Merge Accounts
✓
✓
Maximum Trading Days

No maximum time limit.

Unlimited

Minimum Trading Days
  • 2-Step Classic: 5 days in each evaluation phase. To count, at least one trade must be opened with a notional value of at least 5% of the account balance before leverage.
  • 2-Step Pro: No minimum trading days.

Instant HERO: 6 non-consecutive valid trading days before payout, with at least 0.5% profit each.

Monthly Competition
✗
✗
Account Reset

If you don’t complete a challenge, you can restart it at any time with a 12% discount. You’ll also get a single-use coupon that gives you 10% off any program.

Reset: buy a Reset to continue from the phase where you breached instead of starting over — it issues a new account at that phase (Funded reset gives a new Funded account, no re-evaluation). Available any time, or within 14 days of a breach. Each phase can be reset once. Price is a % of the original Challenge: Phase 1 −7%; Phase 2 +45–50%; Phase 3 +80%; Funded +50–175% (Instant: −7%).

Points Reward Program

The GOAT Points Program rewards traders for both purchases and trading activities:

  • You earn 1 point for every $1 spent and can gain additional points by completing trading tasks.
  • Points are credited instantly and can be tracked in your Trader Dashboard. You can redeem them for valuable perks such as free accounts, extra leverage, increased drawdown, and account size boosts.
  • There's no limit to how many points you can earn, and all GFT traders are automatically enrolled.
Minimum Profitable Days
  • 3 days with 0.5% profit on all phases of evaluation accounts
  • 5 days with 0.5% profit on all Instant Funding accounts
  • Instant Premium: 5 days with 0.5% profit (not necessarily consecutive)
Expert Advisor (EA)
✓
✓
VPN
✗
✗
Hedging
~
✗
Requires Stop Loss
✗
✗
Scalping
~
✓
Stacking / Layering (DCA)
✗
✓
allowsMartingale
✗
Maximum Risk Limit
~
✓
Copy Trading
✗
~
News Trading
✓
~
Consistency Rule
✗
✓
Hold Weekend
✓
✓
Prohibited Strategies
  • Latency arbitrage, spike catching and tick manipulation
  • Exploiting errors, price-feed delays or technical malfunctions
  • HFT inconsistent with realistic retail trading
  • Martingale, grid and all-in betting
  • Hedging or arbitrage across accounts or firms
  • Copy trading, replicated signals and self-copy trading
  • Front-running and use of non-public information
  • Market manipulation, order spamming and toxic flow
  • Materially changing strategy after passing the evaluation
  • Gambling behaviour, overleveraging or correlated position stacking
  • All or nothing
  • Exploit broker/platform errors
  • Use insider/non-public info
  • Front-run other trades
  • Excessively risky strategies
  • Hedging across accounts
  • Third-party EAs/strategies
  • Switch strategies post-assessment
  • Martingale/grid strategies banned
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