Eightcap Challenges vs Goat Funded Trader - Prop Firm Comparison (March 2026)

Head-to-head comparison of Eightcap Challenges and Goat Funded Trader. Check max funding, profit splits, daily and overall drawdown rules, leverage, tradable assets, payout frequency, payment and payout methods, trading permissions and KYC restrictions before you buy a challenge. Data refreshed March 2026.

Eightcap Challenges vs Goat Funded Trader - Prop Firm Comparison (March 2026)
Eightcap Challenges
Eightcap Challenges is a broker-backed simulated trading program operated by Eightcap International Ltd (Seychelles) that offers One Phase and Two Phase CFD challenges on mt4, mt5 and tradelocker with balance-based drawdown limits, a 14-day payout cycle, and 80% profit splits...
Goat Funded Trader
Goat Funded Trader offers 1‑step, 2‑step, 3‑step, Blitz and instant funding evaluations with static or trailing drawdowns up to 5% daily and 10% overall, scaling capital up to $2 million with profit splits starting at 80% and upgrades to 95–100%...
Overview
Trustpilot Rating 4.1 0
Trustpilot Reviews 3,569 0
Headquarters Seychelles Saint Lucia
Age (Years) 1 4
Max Funding $600,000 $2,000,000
Profit Split Start 80% 80%
Profit Split Max 90% 100%
Platforms mt4 mt5 tradelocker MT5 cTrader Match-Trader TradeLocker Volumetrica
Assets FX Commodities Indices Crypto US Stocks (Day Trader only) Forex pairs; CFD indices; metals; commodities; stocks; cryptocurrencies
Leverage
FX Leverage 100 100
Metals Leverage 20 100
Crypto Leverage 3 2
Risk & Drawdown Rules
Max Daily Loss Maximum Daily DrawdownEightcap Challenges applies a balance-based daily drawdown rule calculated from the previous day’s account balance snapshot (Previous Day Balance × Limit%). Your account’s intraday equity loss must not exceed this daily limit.One Phase: 4% daily drawdown (Assessment and Payout Stages).Two Phase: 5% daily drawdown (Assessment, Qualification and Payout Stages).Day Trader: No daily drawdown; risk is managed via fixed maximum drawdown thresholds tied to the selected timeframe and multiplier. 5
Max Total Loss Maximum DrawdownOverall drawdown is enforced as a fixed percentage of the initial balance for standard challenges and as fixed-dollar thresholds for Day Trader Challenges.One Phase: 8% maximum drawdown (Assessment and Payout Stages).Two Phase: 10% maximum drawdown (Assessment, Qualification and Payout Stages).Day Trader: Maximum drawdown is defined in dollars and varies by timeframe and multiplier (DT-1/DT-2/DT-4/DT-8 with 2x/5x/10x options). 10
Drawdown Type Balance-based (Daily from previous-day balance; Max fixed from initial balance) Static for 1‑step, 2‑step and 3‑step evaluations; trailing for GOAT Blitz and instant funding; daily drawdown resets at 5 PM EST
Payouts
Payout Frequency Payout FrequencyOne Phase & Two Phase: Standard payout eligibility begins 14 days into the Payout Stage (or 7 days with the earlier-payout add-on), provided all payout-stage requirements and KYC are satisfied.Day Trader Challenges: Payout eligibility is immediate upon successful completion of the time-limited challenge. Bi‑weekly; Instant Standard triple-payday every 10 days
Days to First Payout 14 10
Payout Processing Time Payout ProcessingPayout requests are reviewed by the risk team for rules compliance and KYC (if required). Approved payouts are typically processed within 24–48 hours of an eligible request, but may take longer if additional review is required. 2
Payout Methods Crypto International Bank Transfer Rise; Crypto; Skrill
Payments
Payment Methods Credit/Debit Card (Visa Mastercard) Crypto (USDT TRC20 USDT ERC20 BTC) Credit/debit card; PayPal; crypto
Trading Permissions
News Trading Trading during major news events is restricted: you cannot place trades within 10 minutes before or after high-impact events (per FXStreet). Trading inside the window is treated as a soft breach that triggers a warning and removal of any profits made from those trades. Allowed; but trades opened or closed within 5 minutes of high‑impact news may only generate up to 1% profit of initial balance
Weekend Trades Weekend trading is allowed. The platform supports 24/7 trading, including the ability to manage positions over the weekend. yes
Copy Trading Copy trading or mirroring another person’s trades is prohibited and may result in profit removal or account termination. Copying between your own accounts is allowed only if all accounts are registered under the same email address. No (duplicating trades across accounts is prohibited)
EA Allowed Expert Advisors (EAs) and indicators are permitted, but prohibited strategy types (including martingale, grid, tick trading, arbitrage variants, gap trading and account management) are monitored and can trigger violations—especially during the Payout Stage. Expert Advisors are permitted provided they are not high‑frequency or arbitrage systems; they must be original and not marketed for passing challenges, and the trader may be asked to prove ownership by supplying the code.
KYC & Restrictions
KYC Required No No
KYC Stage Australia, Saint Lucia, Afghanistan, Central African Republic, Cuba, Democratic People’s Republic of Korea (North Korea), Democratic Republic of the Congo, Guinea-Bissau, Iran, Iraq, Lebanon, Myanmar, Russia (and Crimea, Donetsk, Luhansk and Sevastopol regions of Ukraine), Somalia, Sudan, South Sudan, Syria, Yemen, Zimbabwe, Libya After passing the evaluation and before receiving the funded account and first payout
Restricted Countries Australia Libya Lebanon Pakistan Russia Somalia South Sudan Sudan United States Zimbabwe Afghanistan Central African Republic Cuba Democratic Republic of the Congo Guinea-Bissau Iran Iraq Myanmar North Korea Syria Yemen Bangladesh Bulgaria Chile Cuba Hong Kong Iran Japan Jordan Lebanon Libya Malaysia Myanmar North Korea Russia Senegal Singapore Somalia South Korea Sri Lanka Sudan Syria Togo Thailand Vietnam