Goat Funded Trader (GFT) has expanded its brokerage options by partnering with Purple Trading, marking a significant step forward in offering its traders enhanced flexibility and broader opportunities. Previously aligned with ThinkMarkets, this strategic move highlights GFT’s dedication to fostering a diverse and effective trading environment for its community.
Enhanced Trading Conditions with Purple Trading
Purple Trading sets itself apart by offering a competitive commission structure, notably a $5 commission on Forex trades and the appealing prospect of zero-dollar commissions on indices and cryptocurrency trades. This cost-efficient model is tailored to empower GFT traders to explore a wide array of asset classes without the burden of excessive costs.
Raw Spread Model for Greater Transparency
A key feature of Purple Trading is its commitment to the raw spread model, ensuring transparency and fair pricing. This approach offers GFT traders direct market access, minimizing any interference between orders and the market. It’s a strategic fit for GFT’s vision of providing a trading environment characterized by confidence and clarity.
The integration of Purple Trading into GFT’s roster of brokers not only enhances the flexibility available to traders but also enables more precise strategy tailoring. This initiative underlines GFT’s ongoing commitment to delivering a dynamic and fruitful trading experience.
Forward-Thinking Expansion
As the prop trading landscape continues to evolve, GFT’s addition of Purple Trading reaffirms its position as an innovative firm. This collaboration is a clear indicator of GFT’s proactive stance on incorporating industry-leading tools and options, aiming to ensure its trading community’s success. The partnership with Purple Trading is a pivotal development in building a more adaptable and robust trading ecosystem for GFT traders.
About Goat Funded Trader
Goat Funded Trader is distinguished by its:
- Up to 1:100 leverage, offering significant trading power.
- No minimum trading day requirements, providing flexibility.
- No maximum trading period for the Classic Challenge, allowing for sustained progress.
- A scaling plan designed to support trader growth.
- Profit shares ranging from 80% up to 95%, rewarding success.
- The allowance of overnight and weekend holding, accommodating various trading styles.
- Permission for news trading, enabling traders to capitalize on market movements.
The partnership with Purple Trading is poised to further empower GFT traders, enhancing the firm’s commitment to providing an expansive and versatile trading platform.