# Bull Waves vs Goat Funded Trader

> Goat Funded Trader is the cheaper route to a $100,000 funded account at $365 against $549 for Bull Waves — a difference of $184. Across 8 directly comparable measures, Bull Waves leads on 2 and Goat Funded Trader on 5.

**Source:** https://propfirmpal.com/compare/bull-waves-vs-goat-funded-trader  
**Generated:** 2026-09-25  
**Publisher:** Prop Firm Pal — independent prop firm comparison

_Prop Firm Pal earns affiliate commission from some listed firms. This is disclosed on-site and does not affect the computed ranking order._

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## Side by side

| Measure | Bull Waves | Goat Funded Trader |
| --- | --- | --- |
| Evaluation cost to a $100,000 account | $549 | $365 |
| Cheapest evaluation cost per $1,000 funded | $5.00 | $3.32 |
| Cheapest evaluation entry price | $59 | $36 |
| Instant funding to $100,000 | Not offered | $815 |
| Evaluation types offered | 1-step, 2-step | 1-step, 2-step, 3-step, instant |
| Maximum advertised profit split | Not published | 100% |
| Phase 1 profit target | 8% | 5% |
| Account sizes sold | $5,000, $10,000, $25,000, $50,000, $100,000 +2 more | $5,000, $8,000, $10,000, $15,000, $25,000 +7 more |
| Daily drawdown limit | 4% | 3% |
| Maximum drawdown limit | 8% | 6% |
| Maximum drawdown style | Trailing | Trailing |
| Drawdown measured on | Not published | Equity |
| Payout frequency | Every 15 calendar days; the first payout becomes eligible 15 calendar days after the first trade | Bi-weekly |
| Payout methods | Bank wire, USDT-ERC20 | Not published |
| Payment methods accepted | Credit/debit card, Cryptocurrency | Cryptocurrency, TransferWire, Deel, Visa/Mastercard |
| Trading platforms | MT5 | cTrader, Trade Locker, MT5, DXtrade |
| Instruments | Not published | Forex, Stocks, Crypto, Indices +1 more |
| Maximum forex leverage | Not published | 1:100 |
| Community rating | No reviews yet | 4.2/5 (19) |
| Founded | Not published | 2023 |
| Company location | Saint Vincent & the Grenadines (place of incorporation) | Hong Kong |
| Prop Firm Pal verification | Sourced, not verified | Verified |

## Frequently asked questions

### Is Bull Waves or Goat Funded Trader cheaper?

Goat Funded Trader is cheaper for an evaluation to a $100,000 funded account at $365, against $549 for Bull Waves. Entry prices differ too — Bull Waves starts at $59 and Goat Funded Trader at $36 — but those are for different account sizes, so they are not a like-for-like comparison.

### What is the difference in drawdown rules between Bull Waves and Goat Funded Trader?

Daily drawdown is 4% at Bull Waves and 3% at Goat Funded Trader. Maximum drawdown is 8% and 6% respectively. Both use a trailing maximum drawdown.

### What platforms do Bull Waves and Goat Funded Trader support?

Bull Waves supports MT5. Goat Funded Trader supports cTrader, Trade Locker, MT5, DXtrade.

### Which is rated higher by traders, Bull Waves or Goat Funded Trader?

Bull Waves scores no reviews yet and Goat Funded Trader scores 4.2/5 from 19 reviews on Prop Firm Pal. Review scores are trader-submitted and are independent of any commercial relationship.

### Should I choose Bull Waves or Goat Funded Trader?

On the 8 directly comparable measures on this page, Bull Waves leads on 2 and Goat Funded Trader on 5, with 1 tied. Which of those measures matters depends on how you trade: cost matters most if you expect to need several attempts, drawdown style matters most if you hold positions overnight, and payout terms matter most once you are funded. Prop Firm Pal does not recommend one firm over another, and earns affiliate commission from some listed firms.

## Related pages

- [Bull Waves](https://propfirmpal.com/firms/unverified/bull-waves)
- [Goat Funded Trader](https://propfirmpal.com/firms/verified/goat-funded-trader)
- [Every prop firm comparison](https://propfirmpal.com/compare)