Prop Firm Goat Funded Trader Says It Paid $26 Million to 22,279 of 1.2 Million Traders
By Damian Chmiel
AI summary of the source article
Prop trading firm Goat Funded Trader made its payout and trading data public, declaring $26.16 million paid to 22,279 traders out of nearly 1.2 million sign-ups.
Why it matters
Payout totals are the main figure prop firms compete on.
Key facts
- Goat Funded Trader disclosed $26.16 million in total payouts to 22,279 traders across 43,883 individual rewards.
- Out of 1.2 million sign-ups, 594,997 users bought at least one paid challenge, representing a roughly 3.7% reward conversion rate.
- The firm added QR verification to its certificates and reported $1.57 billion in net simulated trading losses across 108.5 million positions.
Source excerpt · Finance Magnates
Goat Funded Trader opened its payout and trading data to the public yesterday (Tuesday), declaring $26.16 million paid to 22,279 traders. The prop trading company, known as GFT, also added QR codes that let anyone check the certificates it issues to traders. Payout totals are the main figure prop firms compete on. Most are self-reported. FundedNext, the largest payer in on-chain data, said in Sept…