VENKATESAN
⚠️ GOAT Funded Trader
⚠️ GOAT Funded Trader – Serious Concern Regarding Payout Rules I had a $400,000 Instant Standard account with GOAT Funded Trader. I generated $14,000 in profit and received a net payout of $7,840. I contacted GOAT support to understand what happened to the remaining profit. A human support agent confirmed in writing that: • The first payout is capped at $10,000. • A qualifying trading day requires 0.5% profit, which is $2,000 on a $400K account. • The 15% consistency rule applies. • If I make $2,000 on each of 7 qualifying trading days, the total profit is $14,000 and the highest-day consistency is 14.29%, which satisfies the 15% requirement. • The agent confirmed that I could request the $10,000 payout and that the remaining $4,000 would be deducted. • The agent then explicitly confirmed that the excess profit is “permanently deducted” and “will not be returned.” My concern is not about the existence of the $10,000 payout cap. My concern is the permanent forfeiture of profit that was legitimately generated and was required to satisfy the firm's own payout conditions. I repeatedly asked GOAT support to provide the exact Terms & Conditions / Trader Agreement clause, section number, wording, and version/date that authorizes the permanent forfeiture of this excess profit. They did not provide the contractual clause. Instead, I was repeatedly referred to the FAQ. I also asked for a practical numerical example showing how a $400K Instant account can satisfy both the $2,000 minimum qualifying-day requirement and the 15% consistency requirement while receiving the full $10,000 first payout without generating permanently forfeited profit. No clear numerical example was provided, and the conversation was eventually closed. I am sharing this review because I believe traders should be able to clearly understand the contractual basis and financial consequences of payout rules before purchasing an account. I would appreciate GOAT Funded Trader providing a transparent response with the exact applicable contractual clause and the specific Terms & Conditions version that governed my account. I am posting the complete conversation and facts accurately so other traders can make an informed decision.