This comparative analysis aims to provide an in-depth look at the trading objectives and conditions between Goat Funded Trader and Smart Prop Trader, highlighting key differences and similarities.
Phase 1 Profit Target
- Goat Funded Trader: Sets a 7% profit target for Phase 1.
- Smart Prop Trader: Has a slightly higher target of 7.5% for Phase 1.
Phase 2 Profit Target
- Both firms maintain a 5% profit target for Phase 2.
Maximum Daily Loss
A 4% maximum daily loss limit is upheld by both Goat Funded Trader and Smart Prop Trader.
Overall Maximum Loss
- Goat Funded Trader: Imposes a 10% maximum loss limit.
- Smart Prop Trader: Sets a lower limit of 7.5%.
Minimum Trading Days
Neither firm requires a minimum number of trading days.
Maximum Trading Period
- Goat Funded Trader: Limits Phase 1 to 30 calendar days and Phase 2 to 60 days.
- Smart Prop Trader: Offers an unlimited trading period for both phases.
Profit Split
- Goat Funded Trader: Offers a profit split ranging from 75% up to 95%.
- Smart Prop Trader: Provides a profit split ranging from 85% up to 90%.
This comparison highlights the similarities and differences in the trading objectives of Goat Funded Trader and Smart Prop Trader, notably in terms of profit targets, maximum loss limits, trading periods, and profit split ranges, which are crucial factors for traders to consider.