Goat Funded Trader has launched its new direct funding model, Instant Daily. This model allows traders to access capital immediately without an evaluation phase, removing common restrictions such as daily loss limits, daily consistency rules, and minimum profitable days requirements.
Risk Conditions and Loss Limits
The model features a specific risk management structure based on a 3% maximum drawdown. This is an intraday trailing drawdown that follows the peak balance or equity. Once the drawdown reaches the initial balance or the first payout is made, the limit locks at the initial balance. Notably, any withdrawal that brings the account back to the initial balance will breach the account. Additionally, a 1% combined floating-loss limit is in place; reaching this limit results in account closure.
Payout Structure and Profit Split
Users can request their first payout 24 hours after purchase, with subsequent requests available on a daily basis. Each payout request must be between 1% and 3% of the initial balance. The profit split scales based on the number of payouts received:
- Payouts 1-2: 60% split.
- Payouts 3-4: 70% split.
- Payouts 5 and beyond: 80% split.
Operational Rules and Availability
To qualify for a payout, the largest winning trade must cover the amount of the largest losing trade. Accounts have a 30-day expiration period, do not allow merging, and are available in sizes of $1K, $2.5K, $5K, $10K, $25K, and $50K.
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