Long-term Growth and Career Paths: Fundex vs. Goat Funded Trader

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

Panama

St. Lucia

2025

2023

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

Liquidity Providers

Fees are non-refundable once the account is created and access is granted. If payment is taken but no account is delivered, Fundex reviews the case individually.

Full refund after 4th payout

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
• Instant Daily: first request 24 hours after purchase, then daily.

No published maximum.

Other models: for the first two requests, up to 6% of the initial balance. Instant Daily: up to 3% of the initial balance per request.

$50

Other models: $100. Instant Daily: 1% of the initial balance per request.

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

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

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

• Evaluation phases: 20:1
• Funded phase: 10:1

• Evaluation phases: 20:1
• Funded phase: 10:1

• Evaluation phases: 20:1
• Funded phase: 10:1

• Evaluation phases: 5:1
• Funded phase: 5:1

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

• Payout On Demand (+15%)
• 100% Profit Split (+20%)
• Both add-ons (+30%)

• 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 Classic: Static evaluation drawdown based on starting balance and measured on equity, including open positions.

• 1-Step, 2-Step: Static
• Instant Funding: Trailing
• Instant Premium: EOD high-watermark; not recalculated intraday or downward
• Instant Daily: intraday trailing on peak balance/equity. Locks at the initial balance when reached or at the first payout, whichever comes first; never resets. Withdrawing down to the initial balance breaches the account.

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.
1-Step Classic: the trader profit split is shown in each challenge and is calculated when the payout is requested.

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

• Instant Daily: base split in the catalogue; 70% on payouts 3 and 4, 80% from payout 5.

A free $1,000 Test Account is available to eligible traders who do not currently hold a Fundex account. It uses Fundex Terminal only, with a 10% target, 5% daily drawdown, 10% maximum drawdown and 5 minimum trading days. Profits cannot be withdrawn and completion rewards may vary.

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.

Evaluation: the daily loss limit is recalculated at 00:00 UTC from the balance at that time and measured on equity, including open positions. The applicable percentage is shown in each challenge. 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.
• Instant Daily: none.

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

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

Funded accounts can be merged provided their combined balance does not exceed the $400,000 maximum allocation.

Merging available on eligible accounts. Instant Daily cannot merge with any account.

No maximum time limit.

Other models: unlimited. Instant Daily: account closes automatically after 30 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.
• 1-Step Classic: 5 evaluation trading days. A day counts only if at least one trade has a notional size of at least 5% of the account balance before leverage.

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

• Instant Daily: none.

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%).

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.

• 3 days with 0.5% profit on all phases of evaluation accounts
• 5 days with 0.5% profit on Instant Funding accounts other than Instant Daily
• Instant Premium: 5 days with 0.5% profit (not necessarily consecutive)
• Instant Daily: no minimum profitable days.

EAs and automated systems are allowed when the underlying strategy is the trader's own. Arbitrage, HFT, martingale, grid, environment-exploitation and external trade-replication systems are prohibited.

Hedging or arbitraging across Fundex accounts, or between Fundex and external accounts, is prohibited. The website does not clarify internal hedging within one account.

• 2-Step Classic: During evaluation, every trade must remain open for at least 3 minutes, including when TP or SL is triggered. The first violation generates a warning and later violations may cause a breach. There is no minimum holding time once funded.
• 2-Step Pro: No minimum holding time during evaluation or once funded.
• 1-Step Classic: Every evaluation trade must remain open for at least 3 minutes, including TP/SL closures. The first violation generates a warning; repeated violations cause a breach. No minimum holding time once funded.

Funded accounts only: minimum holding time of 1 minute for purchases from 6 October 2026 at 00:00 UTC; 2 minutes for earlier purchases, including their resets. Funded accounts follow the original challenge purchase date. Profits from shorter trades are excluded from payouts; losses still count. This is not an account breach. Evaluation accounts are exempt.

During both evaluation phases, a single trade cannot lose more than 3% of the balance, including floating losses. The first violation generates a warning. This limit does not apply once funded.
1-Step Classic: Position exposure is measured as notional value relative to equity. Per position, up to 25% is compliant, over 25% through 40% generates a warning, and above 40% is a violation subject to review. Total simultaneous exposure during evaluation: up to 50% is compliant, over 50% through 80% generates a warning, and above 80% is a violation. Once funded, total exposure above 60% is a violation.

• Instant HERO: 1% maximum floating loss; breach closes the account.
• The firm may impose a 1% risk-per-trade-idea limit after excessive risk-taking.
• Instant Daily: combined floating loss across all open positions must stay below 1% of the initial balance; touching the limit closes the account.

Allowed between your own GFT accounts only through Goat Copier, GFT's own trade copier: funded to funded, challenge to challenge, and challenge to funded in either direction. Applies to existing and new accounts. Any other trade copier or third-party tool is prohibited, as is copying other traders, or copying between GFT and personal broker accounts or accounts at another prop firm.

Trades opened or closed (manually or by stop loss, take profit or pending orders) within 5 minutes before or after a high-impact news release (red folder on ForexFactory.com or Myfxbook.com) have a maximum profit per trade: 3% of the initial balance on accounts purchased from 10 November 2026, and 1% on accounts purchased earlier. Funded accounts and resets follow the original challenge purchase date. Applies to challenge and funded accounts; only profit above the cap is removed and it is not a breach.

• Instant Goat: A single day cannot represent more than 15% of your total earnings when requesting a withdrawal.
• Instant Premium: no consistency rule.
• Instant HERO: no single day can represent 15% or more of total profits during a payout period.
• Instant Daily: no daily profit consistency requirement. For payouts, the largest winning trade must be at least the largest losing trade, net of commission/swap; checked since purchase or the last payout. Partial closes count separately.

• 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

30 Days