This analysis compares Goat Funded Trader and Funding Pips, focusing on their trading objectives to aid traders in their decision-making process.
Phase 1 Profit Target
- Goat Funded Trader: Has a Phase 1 profit target of 7%.
- Funding Pips: Sets a higher target of 8% for Phase 1.
Phase 2 Profit Target
- Both firms require a 5% profit target in Phase 2.
Maximum Daily Loss
- Goat Funded Trader: Enforces a 4% maximum daily loss limit.
- Funding Pips: Maintains a 5% maximum daily loss limit.
Overall Maximum Loss
Both firms impose a 10% maximum loss limit.
Minimum Trading Days
Neither Goat Funded Trader nor Funding Pips have a minimum trading day requirement.
Maximum Trading Period
- Goat Funded Trader: Limits Phase 1 to 30 calendar days and Phase 2 to 60 days.
- Funding Pips: Offers an unlimited trading period for both phases.
Profit Split
- Goat Funded Trader: Offers a profit split ranging from 75% up to 95%.
- Funding Pips: Provides a profit split ranging from 80% up to 90%.
This comparative review highlights that while Goat Funded Trader offers a lower Phase 1 profit target and a limited trading period for its evaluation phases, it compensates with potentially higher profit splits. In contrast, Funding Pips presents a more relaxed approach with unlimited trading periods, despite a higher Phase 1 target.
