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Forex Firms Comparator

Compare features of different Forex firms side by side

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Goat Funded Trader logoGoat Funded Trader
Tradexprop logoTradexprop
Headquarters

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

Sublot 40, Level 3, Block A2, Saradise Kuching, Off Jalan Stutong, 93350, Kuching, Malaysia

Country

St. Lucia

Malaysia

Foundation

2023

2023

Banned Countries
Russia, Cuba, Sudan, Somalia, Iran, Lebanon, Syria, North Korea, Libya, Vietnam
Pakistan, Russia, Cuba, Sudan, Somalia, Iran, Lebanon, Syria, Libya, Vietnam
CEO

Dixon Teo

Assets
Forex, Indices, Commodities, Crypto
Forex, Commodities, Indices, Crypto
Brokers

Liquidity Providers

Refund
✓
✗
Platforms
MatchTrader, cTrader, TradeLocker, Volumetrica, MetaTrader5
cTrader, MatchTrader, DXTrade
Payout Methods
Transfer, Rise, Crypto
Crypto, Rise
Payment Methods
ApplePay, Korapay, Card, GooglePay, PayPal, Crypto, Skrill, IMPS
PayPal, Crypto, Card
Payout Frequency
  • 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
  • Forex Evaluation: Bi-weekly (every 14 calendar days). Instant first payout.
  • Instant Funded X: Every 30 days.
Payout Guarantee

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

Crypto Weekend Trading
✓
✓
Maximum Withdrawal

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

Minimum Withdrawal

$100

Instant Funded X: Greater of $100 or 1% of starting balance.

Demo Account
cTrader
ID:txpprop
Password:112233445566txp
MatchTrader
ID:-
Password:j4S*8jmu3
DXTrade
ID:txp_C12843
Password:j4S*8jmu3
Forex
  • Evaluation phases: 100:1
  • Funded phase: 50:1
50:1
Metals
  • Evaluation phases: 20:1
  • Funded phase: 10:1
5:1
Energies
  • Evaluation phases: 20:1
  • Funded phase: 10:1
5:1
Indices
  • Evaluation phases: 20:1
  • Funded phase: 10:1
5:1
Stocks
  • Evaluation phases: 5:1
  • Funded phase: 5:1
Crypto
  • Evaluation phases: 2:1
  • Funded phase: 2:1
2:1
Forex
5 / lot
7 / lot
Metals
5 / lot
7 / lot
Energies
0
Indices
0
0 / lot
Stocks
0
Crypto
0
0
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%).

Add-ons
✓
✓
Instant
✓
✓
One Step
✓
✓
Account scaling
✓
Two Steps
✓
✓
Max Drawdown
  • 1-Step, 2-Step, 3-Step: Static
  • Instant Funding: Trailing
  • Instant Premium: EOD high-watermark; not recalculated intraday or downward

Forex Evaluation (X-1 & X-2 Step)
6% static drawdown from starting balance. Does not trail.

Instant Funded X
8% trailing drawdown. Trails upward with account growth. Once 8% profit is achieved, drawdown locks permanently at starting balance. After withdrawal, drawdown permanently locks at original starting balance.

Profit Split

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

  • Forex Evaluation: 80%
  • Instant Funded X: 80% (up to 90% with add-ons)
Free Trial
✗
✗
dailyDrawdown

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

  • Instant HERO: daily starting balance at 5 PM EST.

Forex Evaluation & Instant Funded X: 5% daily max loss. Calculated from the higher of: prior day's end-of-day balance or equity. Resets at 5:00 PM EST.

Three Steps
✓
✗
Max Allocation

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

  • Forex: $400,000
  • Instant Funded X: $100,000
  • Max $1M in active evaluations per person
  • Maximum one evaluation per specific account size and plan type simultaneously across all platforms
Merge Accounts
✓
✓
Maximum Trading Days

Unlimited

No time limit. Infinite evaluation duration.

Minimum Trading Days

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

0 minimum trading days across all plans.

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.
Monthly Competition
✗
✓
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)
✓
✓
Maximum Risk Limit
✓
✗
Copy Trading
~
✓
News Trading
~
✗
hasInactivityRule

30 Days

Accounts with zero trading activity for 30 consecutive days are hard breached.

Consistency Rule
✓
✓
Hold Weekend
✓
~
Prohibited Strategies
  • 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
  • Exploiting pricing/latency errors
  • Front-running trades
  • Using non-public/insider information
  • Arbitraging across company or third-party accounts
  • News event trading (within 3 minutes before/after)
  • Excessive leverage/"all-in" trades resembling gambling
  • Group hedging/reverse trading across multiple accounts
  • Third-party strategies marketed for challenge accounts
  • Strategy switching between evaluation and funded phases

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