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Comparison · Forex

Which is better for your first challenge: Goat Funded Trader or WhitePips?

Updated on

What you are signing up for

A prop firm evaluation is a test where you pay a fee to prove you can trade. If you pass, the firm gives you access to a funded account where you keep a large part of the profits.

  • Goat Funded Trader offers a 10,000 account for as little as $73 in its "2 Step Goat" model.
  • WhitePips offers a similar 10,000 account for $96 in its "Edge 2 Step" model.

The "size" of the account is the virtual capital you will manage. You are not buying the money itself, but the right to be evaluated. Goat Funded Trader was founded in 2023 and has a longer track record than WhitePips, which is a very new firm founded in 2026.

How hard each one is

Dificulty is measured by the profit target, which is the specific percentage of gain you must reach to pass, and the drawdown, which is the maximum loss allowed before you are disqualified.

  • In Goat Funded Trader (2 Step Goat), you need an 8% gain in Phase 1 and 6% in Phase 2. Your maximum loss is 10%.
  • In WhitePips (Edge 2 Step), you need a 7.5% gain in Phase 1 and 5% in Phase 2. Your maximum loss is 9%.

Goat Funded Trader includes a "Goat Guard" system. This tool automatically closes your trades if you lose 2% of your balance in open positions. While it helps prevent a total failure, the first time it happens, your profit share is reduced to 50% as a penalty.

How long it takes

Most beginners feel pressured by time. Fortunately, both firms offer unlimited trading days for their standard evaluations.

  • WhitePips provides a free trial for 14 days. This is a practice account that never leads to real funding, but it lets you test their conditions for free.
  • Goat Funded Trader does not have a free trial, but it offers many more types of accounts, including "Instant Funding" where you skip the test and start earning from day one, though these are much more expensive.

Where beginners fail

Beginners usually lose their accounts due to a "drawdown breach." This happens when the account value drops below a certain floor.

  • Both firms use "static" drawdown for their main evaluations. This means the floor is fixed based on your starting balance and does not move up as you make profits.
  • WhitePips is very strict with technology. They prohibit the use of a VPN, which is a tool to hide your internet location, and they ban any trading bot (EA) that you did not build yourself.
  • Goat Funded Trader has a "minimum holding time" of 1 to 2 minutes on funded accounts. If you close a trade in 30 seconds, you won't be banned, but you won't get paid for that profit.

What happens if you make it

If you pass the test, you become a "funded trader" and start receiving a profit split, which is your percentage of the earnings.

  • Goat Funded Trader starts with an 80% split. They pay every two weeks. If they take more than 2 days to pay you, they give you an extra $500 as a guarantee.
  • WhitePips also starts at 80%, but their "Prime" accounts offer a 100% split and a monthly salary of 1% of the account size. They allow withdrawals every 7 days after the first one.

Both firms use MetaTrader 5, but Goat Funded Trader offers more variety with platforms like cTrader and MatchTrader.

If it is your first time

Goat Funded Trader is the more logical choice for a beginner. It is significantly cheaper to start (only $73 for a 10k account) and has been in the market much longer, which provides more security. WhitePips is interesting because of the monthly salary, but being founded in 2026 makes it a very high-risk choice for someone just starting out.

Frequently asked questions

Which firm is cheaper to start a 10,000 evaluation, Goat Funded Trader or WhitePips?

Goat Funded Trader is cheaper for a beginner. Its "2 Step Goat" account of $10,000 costs $73. In contrast, the cheapest $10,000 two-step evaluation at WhitePips costs $96.

Can I try the platform for free in Goat Funded Trader or WhitePips?

WhitePips allows you to take a 14-day free trial of a 100,000 account to practice without risk. Goat Funded Trader does not currently offer a free trial option, so you must pay for an evaluation from the start.

Which firm offers more trading platforms, Goat Funded Trader or WhitePips?

Goat Funded Trader offers much more variety, allowing you to choose between MatchTrader, cTrader, TradeLocker, Volumetrica, and MetaTrader 5. WhitePips is much more limited as it only offers MetaTrader 5 to its users.

Does Goat Funded Trader or WhitePips offer a monthly salary to traders?

WhitePips offers a monthly salary of 1% of the account size in its "Prime" models once you are funded. Goat Funded Trader does not offer a salary from the start, although you can earn one if you reach the third level of their scaling plan after several months of success.

Field by field

Goat Funded Trader and WhitePips, side by side

Rules, plans, platforms, leverage, commissions and payouts of both, with the option to see only what differs.

Head to head

57 differences

No active discount right now.

Headquarters

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

Sharjah, United Arab Emirates

Country

St. Lucia

Saint Lucia

Foundation

2023

2026

Banned Countries
Russia, Cuba, Sudan, Somalia, Iran, Lebanon, Syria, North Korea, Libya, Vietnam
IR, KP, PS
Assets
Forex, Indices, Commodities, Crypto
Forex, Indices, Commodities, Crypto
Brokers

Liquidity Providers

No data
Refund
Yes

Full refund after 4th payout

Limited

Prime 1 Step and Prime 2 Step only: the fee is refunded in full once the account has been funded for 30 days and is in profit. Edge and Instant have no refund.

Platforms
MatchTrader, cTrader, TradeLocker, Volumetrica, MetaTrader5
Metatrader 5
Payout Methods
Transfer, Rise, Crypto
Transfer, Crypto
Payment Methods
ApplePay, Korapay, Card, GooglePay, PayPal, Crypto, Skrill, IMPS
Card, ApplePay, GooglePay, UPI, Transfer, Crypto, Skrill
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
  • Instant Daily: first request 24 hours after purchase, then daily.

First payout on demand once funded (on Instant, after the first trade). Then every 7 days; every 14 on Instant Go.

Payout Guarantee

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

No guaranteed time: the payout policy neither promises nor estimates one. Every request gets an automatic receipt and every payout a verifiable certificate.

Crypto Weekend Trading
Yes
Limited

Only with the Weekend Holding add-on. Without it, crypto positions are also closed at 4:45 PM New York time on Friday.

Maximum Withdrawal

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.

At most $2,000 per account in any 7 days; the rest stays on the account for the next request.

Minimum Withdrawal

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

Edge 1 Step and Prime 1 Step: 1% of the starting balance, at most $100. Edge 2 Step and Prime 2 Step: no minimum. Instant: 1% of the starting balance. Crypto payouts: at least $100.

Payout Fee
No data

No fixed fee published. Any processing or network fee is shown before you confirm; bank and network charges are paid by the trader.

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

Edge 1 Step, Edge 2 Step and Prime 2 Step: 1:100. Prime 1 Step: 1:50. Instant Pro: 1:33. Instant Go: 1:25.

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

Edge 1 Step, Edge 2 Step and Prime 2 Step: 1:100. Prime 1 Step: 1:50. Instant Pro: 1:33. Instant Go: 1:25.

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

Edge 1 Step, Edge 2 Step and Prime 2 Step: 1:100. Prime 1 Step: 1:50. Instant Pro: 1:33. Instant Go: 1:25.

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

Edge 1 Step, Edge 2 Step and Prime 2 Step: 1:100. Prime 1 Step: 1:50. Instant Pro: 1:33. Instant Go: 1:25.

Stocks
  • Evaluation phases: 5:1
  • Funded phase: 5:1
No data
Crypto
  • Evaluation phases: 2:1
  • Funded phase: 2:1

Edge 1 Step, Edge 2 Step and Prime 2 Step: 1:100. Prime 1 Step: 1:50. Instant Pro: 1:33. Instant Go: 1:25.

Forex
5 / lot

Edge and Instant: $5 per lot round turn. Prime: $4.

Metals
5 / lot

Edge and Instant: $6 per lot round turn. Prime: $5.

Energies
0
6 / lot
Indices
0
0 / lot
Stocks
0
No data
Crypto
0

Edge and Instant: 0.06% of the trade value, round turn. Prime: 0.045%.

Commission-Free Option
No
No data
Swap Free
No
Limited

Paid add-on with a fixed price per size, from $9 (2.5K) to $146 (200K). Reviewed if profit comes mainly from positions held through the rollover.

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%).

Limited

Voluntary evaluation reset with no open positions: a new account at 20% off the current price. After a breach, a paid restart for 7 days. Funded accounts can buy a reset while under 10% of the max loss has been used.

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

Weekend Holding (20% of the fee) and Swap-Free (fixed price per size). Bought with the account and non-refundable.

Instant
Yes
Yes
One Step
Yes
Yes
Account scaling
Yes
Yes

Automatic 90-day cycles: +30% size (up to 680K; 340K on Instant) and +5 split points. They require 50 trades, 12% net (1 Step), 10% (2 Step) or 15% (Instant), 2 of 3 profitable months (all 3 on Instant and Prime), no trade above 7.5% of profit (5% on Instant and Prime) and no warning.

Two Steps
Yes
Yes
Max Drawdown
  • 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.

Static on every plan: the floor stays fixed below the starting balance and is measured on equity, floating loss included. Touching it ends the account.

Profit Split

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.

Edge rises 5 points per scaling cycle up to 95%; Instant Pro up to 90%; Instant Go up to 85%. Prime moves to 100% after 30 days funded and does not rise with scaling. Each strike pays the next payout at 10%.

Free Trial
No
Yes

One free Edge 1 Step 100K for 14 days under the paid rules, after KYC approval. It never funds or pays out; passing it gives a 20% code valid for 30 days.

Daily Drawdown

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.

Measured from the previous day's closing balance (5 PM New York), floating loss included. Touching it ends the account.

Three Steps
Yes
No
Max Allocation

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

$1.5M per person across all CFD and futures accounts.

Merge Accounts
Limited

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

No data
Maximum Trading Days

Other models: unlimited. Instant Daily: account closes automatically after 30 days.

No time limit in the evaluation or once funded.

Minimum Trading Days

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

  • Instant Daily: none.
No data
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.
No data
Monthly Competition
No
No
Minimum Profitable Days
  • 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.

Profitable day: a close at +0.5% of the account size. To pass, 3 on 1 Step and 2 per phase on 2 Step. Before each payout: 3 (1 Step), 2 (2 Step), 5 (Instant Go) and none on Instant Pro.

Maximum Accounts
No data

One user per person, with as many accounts as the $1.5M limit allows. Up to 5 accounts per order, with a 10% to 25% bundle discount.

Expert Advisor (EA)
Yes
Limited

Only EAs the trader developed and controls, and can explain and show running. Bought, rented or subscription bots are prohibited.

VPN
No
No

Hiding your location with a VPN, proxy or remote desktop is prohibited and triggers a new identity check. Your own EA on a VPS is allowed if disclosed.

Hedging
No
Limited

Within one account, yes. Prohibited across accounts, yours or others', and against other firms or brokers.

Requires Stop Loss
No
No
Scalping
Yes

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.

Limited

Yes. Once funded, trades under 120 seconds may make at most 20% of profit from the tenth closed trade; above that, payouts pause until it is back under. Not measured in the evaluation.

Stacking / Layering (DCA)
Yes
No data
Maximum Risk Limit
Yes
  • 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.
Limited

Max. Exposure: open notional may not exceed 5,000% of the balance at 2.5K down to 1,000% at 200K. Once funded, no trade may float more than 2% of the starting balance in loss (1.5% on Instant). Each gives a warning that, if the account is in profit, resets it to the starting balance; the second ends the account. Instant: max 1.5% floating loss per symbol.

Copy Trading
Limited

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.

Limited

Only to copy your own trading: between your own CFD accounts or from your own master account at another broker or firm. Signals and third-party accounts are prohibited.

News Trading
Limited

El beneficio máximo por cualquier operación que se abra o cierre dos minutos antes o después de un evento noticioso de alto impacto (según la designación de ForexFactory.com) está restringido al 1% del saldo de apertura de la cuenta.

Limited

Allowed at every stage. Straddling is prohibited: opposite or offsetting positions on the same or correlated instruments within 15 minutes of a red or amber release; the risk desk reviews it.

Inactivity Rule

30 Days

30 days without a closed trade ends the account.

Consistency Rule
Limited
  • 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.
Limited

No best-day rule. A single trade may not exceed 60% of profit; if it does, payouts pause until it is back under. On funded Prime, every 7 days the trade count and volume per instrument must stay within ±25% of the average, or the account moves to a standard funded account.

Hold Weekend
Yes
Limited

Only with the add-on. Without it, positions are closed at 4:45 PM New York time on Friday: the first time is a warning, the second ends the account.

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

Latency or price-error arbitrage, hedging across accounts or firms, coordinated trading, third-party management, bought bots, gap exploitation, grid and martingale, doubling size after a loss the same day, swap-free abuse and churning accounts. At most 20% of profit may come from the 21:00 to 22:59 UTC window.

Martingale
No data
No

Grid and martingale strategies that add exposure into losses are prohibited.

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