GoatFunded vs PipFarm
Why settle for GoatFundedTrader when PipFarm offers faster scaling, multiple options, and no time restrictions for receiving your first payout?
GoatFunded vs PipFarm
Quick compare
GoatFundedTrader offers many benefits to incentivise traders, such as discounts, refunds, and scaling. But are these features as good as those of other prop firms?
Feature
- Minimum account size
- Cheapest account
- Profit target
- Daily loss
- Max loss
- Stages
- Time limit
- Max leverage
- Profit share
- First payout
- Fee refund
- $5,000
- $60
- 12%
- 3%
- 6% static or 12% trailing
- 1
- 365 days
- 1:30
- 90%
- 3 days
- 1% of balance upon scaling
- $15,000
- $170
- 10%
- 4%
- 6% static
- 1 or 2
- Unlimited
- 1:30
- 80%
- 30 days
- 120% refund for 3rd payout
GoatFunded vs PipFarm
Quick compare
GoatFundedTrader offers many benefits to incentivise traders to join its program, such as discounts, refunds, and scaling. But are these features as good as those of other prop firms?
Minimum account size
The minimum funding option available. Price is generally a reflection of the account size.
Cheapest account
The lowest price option available from this funded trader firm.
Profit target
The amount of profit required to pass the evaluation and receive funding. When comparing programs with a multi-stage assessment, we combine stage 1 and 2 targets.
Daily loss
The maximum amount you can lose in a single day before being disqualified from the evaluation or funding program.
Max loss
The maximum amount you can lose before being disqualified from the evaluation or funding program.
12% trailing
Stages
The number of stages required to pass the evaluation.
Time limit
The duration to pass the evaluation.
Max leverage
The default leverage provided for FX without any add-ons or upgrades.
Profit share
The maximum profit share available without upgrades or scaling.
First payout
When you are eligible to request your first profit share payout.
Fee refund
If the company refunds the evaluation fee at some stage.
upon scaling
with 3rd payout
Key features
These key features are the reasons traders choose to work with PipFarm.
PipFarm is the first and, so far, only funded trader program to provide lifetime rewards to traders. You earn XP for achievements, such as starting or passing a screening test or scaling to a new funding round. Collecting XP increases your rank. When you’re promoted to a new rank, you unlock new powers to enhance your trading.
PipFarm has the best scaling program in the industry. You can unlock more funding for your trading strategy without risking profits or spending more on screening tests. Simply trade your funded account of any size to the best of your ability, and if your account has a profit of over 12% after 30 days, start the next funding round.
PipFarm offers the remarkable cTrader platform. cTrader empowers traders, making you more proficient and confident in your decisions. The intuitive interface, combined with an arsenal of analytical tools, enhances decision-making, ensuring that traders at PipFarm are always one step ahead.
Our profit share is performance-based. The more you earn, the less we keep. If you reach the 12% profit target, you qualify for a 90% profit split. If your profit is between 3% and 6%, your share is 25%; if between 6% and 9%, your share is 50%, and if between 9% and 12%, your share is 75%.
PipFarm has a one-stage screening test without time restrictions or consistency rules. Simply reach 12% profit in your test account with all your positions closed, and you can be funded instantly.
The maximum funding we provide to a single trader is $600,000. You can reach $600,000 if you start with $200,000 seed funding and scale to Series D. Scaling intervals are 30 days.
PipFarm does not have hidden fees by charging for add-ons such as larger profit splits or holding positions over the weekend. We have a unique way of giving you exciting features to upgrade your trading. We reward you with XP for every achievement. The more XP you have, the higher your rank. Every rank promotion unlocks a new power-up, which you will keep forever!
We use dynamic leverage to gradually increase margin requirements (i.e. reduce leverage) as your exposure to a specific symbol grows. Leverage for currency pairs starts at 1:30. For metals, oil and indices leverage starts at 1:20 and 1:10 for crypto. You can unlock higher leverage when you’re promoted to rank 5.
The cost of trading on PipFarm cTrader is $6 per lot, which is passed onto our traders. When you reach rank 4, we’ll split the cost of commissions with you. Commissions are charged for forex and precious metals. Commissions are already factored into the spread of cryptocurrencies, indices and energy products.
PipFarm is the first and, so far, only funded trader program to provide lifetime rewards to traders. You earn XP for achievements, such as starting or passing a screening test or scaling to a new funding round. Collecting XP increases your rank. When you’re promoted to a new rank, you unlock new powers to enhance your trading.
PipFarm offers the remarkable cTrader platform. cTrader empowers traders, making you more proficient and confident in your decisions. The intuitive interface, combined with an arsenal of analytical tools, enhances decision-making, ensuring that traders at PipFarm are always one step ahead.
Our profit share is performance-based. The more you earn, the less we keep. If you reach the 12% profit target, you qualify for a 90% profit split. If your profit is between 3% and 6%, your share is 25%; if between 6% and 9%, your share is 50%, and if between 9% and 12%, your share is 75%.
PipFarm has a one-stage screening test without time restrictions or consistency rules. Simply reach 12% profit in your test account with all your positions closed, and you can be funded instantly.
The maximum funding we provide to a single trader is $600,000. You can reach $600,000 if you start with $200,000 seed funding and scale to Series D. Scaling intervals are 30 days.
PipFarm does not have hidden fees by charging for add-ons such as larger profit splits or holding positions over the weekend. We have a unique way of giving you exciting features to upgrade your trading. We reward you with XP for every achievement. The more XP you have, the higher your rank. Every rank promotion unlocks a new power-up, which you will keep forever!
We use dynamic leverage to gradually increase margin requirements (i.e. reduce leverage) as your exposure to a specific symbol grows. Leverage for currency pairs starts at 1:30. For metals, oil and indices leverage starts at 1:20 and 1:10 for crypto. You can unlock higher leverage when you’re promoted to rank 5.
The cost of trading on PipFarm cTrader is $6 per lot, which is passed onto our traders. When you reach rank 4, we’ll split the cost of commissions with you. Commissions are charged for forex and precious metals. Commissions are already factored into the spread of cryptocurrencies, indices and energy products.
PipFarm has the best scaling program in the industry. You can unlock more funding for your trading strategy without risking profits or spending more on screening tests. Simply trade your funded account of any size to the best of your ability, and if your account has a profit of over 12% after 30 days, start the next funding round.
GoatFunded vs PipFarm
Assessment criteria
What’s required to pass the assessment?
Learn more
GoatFunded
- The profit target to pass the one-step GoatFundedTrader challenge is 10%.
- The daily drawdown limit is 4%, and the maximum drawdown is 6%, which is static.
PipFarm
- The profit target to pass the one-step PipFarm test is 12%, with a minimum of three trading days.
- PipFarm lets you choose between a 6% static drawdown or a 12% trailing drawdown.
- The daily drawdown limit is 3%.
Scaling program
How fast you can increase your funding.
Learn more
GoatFunded
- To scale to level 1 with GoatFundedTrader, you must receive 4 payouts over 2 months.
- The GoatFunded scaling increments are 15% at each level.
- The maximum funding available is an additional 40% of the initial balance.
- Reaching the fourth and final GoatFundedTrader scaling level will take eight months, as you need at least 15 payouts.
PipFarm
- To scale with PipFarm, you must have a 12% profit in the account and complete 30 trading days.
- PipFarm’s scaling increments are 50% at each level.
- The maximum funding available from PipFarm is $600,000 if starting with a $200,000 account.
- Starting with $100,000 of initial funding from PipFarm, it would take 90 days to reach $250,000.
Payouts
How much and how often are you paid profits?
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GoatFunded
- Your first GoatFundedTrader payout can be received after 30 trading days in your funded account.
- Subsequent payouts are then available every 14 days. GoatFunded charges a 15% fee for bi-weekly payouts or a 30% fee for weekly payouts, which increases the cost of your evaluation.
- The minimum payout from GoatFunded is $100 and processed via Riseworks.
- The default GoatFundedTrader profit split is 80/20. The profit share increased by 5%, with each payout up to 95%. Or you can pay 20% extra for 90%.
- A 100k evaluation with GoatFundedTrader with a 90% profit share and weekly payouts will cost $885.
PipFarm
- You can request your first PipFarm profit share after completing 3 trading days.
- Subsequent payouts are then available every 14 days. PipFarm does not offer upgrades for faster payout but offers an XP program to unlock faster payouts and higher profit share based on experience and loyalty.
- The minimum payout from PipFarm is 3% of your starting balance and is processed via Riseworks.
- The minimum profit share is 70% and increases by 5% for each 3% profit you withdraw up to 95%.
Leverage
While prop firms offer access to more capital, many provide very low leverage.
Learn more
GoatFunded
- For the 1-step challenge, GoatFundedTrader offers 1:30 leverage on forex, metals, and oil, 1:20 leverage on indices and commodities, and 1:2 leverage on cryptocurrency trading.
- GoatFunded may reduce the leverage offered to a specific trader to 1:10 if they find their trading risky.
PipFarm
- The default maximum leverage provided is 1:30. For Rank 5 Pip Farmers, the maximum leverage is 1:50.
- PipFarm uses dynamic leverage to offer higher initial leverage but gradually reduces leverage as exposure increases.
- The initial leverage provided for metals is 1:25; indices is 1:20, and for cryptocurrencies, it is 1:5.
Trading conditions
Commissions, spreads, instruments and more.
Learn more
GoatFunded
- FTMO supports various instruments, including forex, precious metals, indices, cryptocurrencies, stocks and soft commodities.
- FTMO is one of the few prop firms offering stocks CFDs. They have around twenty stocks from Europe and the USA.
- FTMO charges $3 per lot for trading currency pairs.
PipFarm
- The default maximum leverage PipFarm provides is 1:30. For Rank 3 traders, the maximum leverage is 1:50.
- PipFarm uses dynamic leverage to offer higher initial leverage but gradually reduces leverage as exposure increases.
- The initial leverage provided for FX is 1:30, for metals is 1:25, for indices and commodities is 1:20, and for cryptocurrencies, it is 1:5.
Platforms
Which trading platforms are available?
Learn more
GoatFunded
- Goat Funded Trader offers ThinkTrader and MatchTrader.
PipFarm
- PipFarm offers cTrader, the CEO’s favourite trading platform.
- PipFarm offers an MT5 to cTrader trader copier system, which allows you to copy trades from an MT5 account to cTrader.
Premium features
How trustworthy is the company?
Learn more
GoatFunded
- Goat Funded Trader offers the Goat Fidelity program, which simply offers free accounts and does not improve trading conditions or experience.
- After 4 purchases, you can get a 50% coupon; after 9 purchases, you can get a free account.
PipFarm
- PipFarm offers the Experience Pips program.
- Every time you start or pass a challenge or scale your account, you earn XP. Your XP determines your rank. Each rank unlocks new features.
- You cannot lose XP, which means you keep the benefits forever.
Reputation
How trustworthy is the company?
Learn more
GoatFunded
- GoatFundedTrader was founded by a former trader who decided to launch a funded trader program to help other traders.
- The CEO is very passionate about trading but lacks professional experience.
- GoatFunded launched in May 2023 and became instantly popular as the CEO is a popular trading social media influencer.
PipFarm
- PipFarm is led by James Glyde, an entrepreneur with a decade of experience in the online trading industry.
- James played a key role in cTrader’s early years and managed multiple brokers and prop firms throughout his career.
Testimonials
I’m thrilled about the new prop firm with cTrader! Cannot wait to unlock new features. The brand so far looks very cool.
I joined this prop firm last week because they have cTrader. First impression is great and I love the branding.
This is a very good prop with cTrader. I recommend it a lot.
Still can’t decide between PipFarm and GoatFundedTrader?
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What makes PipFarm better than Goat Funded Trader?
Start unlocking premium features from the moment you join.
Start getting paid in as little as 6 days.
Qualify for additional funding every 30 days.
Choose your trading challenge
$600 profit target to pass or scale
$600 maximum drawdown
Based on previous EOD balance
Variable leverage by product
Up to 95% profit share
To pass a stage and between payouts
$1,200 profit target to pass or scale
Choose 6% static or 12% trailing
Based on previous EOD balance
Variable leverage by product
Up to 95% profit share
To pass a stage and between payouts
$2,400 profit target to pass or scale
Choose 6% static or 12% trailing
Based on previous EOD balance
Variable leverage by product
Up to 95% profit share
To pass a stage and between payouts
$6,000 profit target to pass or scale
Choose 6% static or 12% trailing
Based on previous EOD balance
Variable leverage by product
Up to 95% profit share
To pass a stage and between payouts
$12,000 profit target to pass or scale
Choose 6% static or 12% trailing
Based on previous EOD balance
Variable leverage by product
Up to 95% profit share
To pass a stage and between payouts
$24,000 profit target to pass or scale
Choose 6% static or 12% trailing
Based on previous EOD balance
Variable leverage by product
Up to 95% profit share
To pass a stage and between payouts
$36,000 profit target to pass or scale
Choose 6% static or 12% trailing
Based on previous EOD balance
Variable leverage by product
Up to 95% profit share
To pass a stage and between payouts
Frequently asked questions
What does GOAT stand for?
GOAT means greatest of all time, so the name of this prop firm is called greatest of all time funded trader. The company branding uses a goat instead of a bull in the classic bull and bear symbology used for trading and investing.
Is Goat Funded Trader legit?
GoatFunded has not been flagged by the online trading community as a prop firm engaging in questionable practices, such as unfair breaches or payout rejections. However, the company has been criticised for changing trading platforms and not giving users the option of a refund despite the fundamental change in the product.
Does Goat Funded allow new trading?
No. GoatFundedTrader will remove any profit made two minutes before or after a major news event. PipFarm does not have any hidden rules or deduct profit for trading during news events.
Where is Goat Funded Trader based?
GoatFunded is registered in Hong Kong and has operations in Spain.