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How are withdrawal/reward requests processed?

Updated over 6 months ago

Withdrawal requests can be initiated from your dashboard and will be processed within 48 to 72 business hours. Reward requests require a minimum withdrawal amount of $100.

Please note that we process withdrawal via Rise. Your funds will be deposited into your Rise account, allowing you to withdraw the money using your preferred method—either crypto or Wire transfer.

Ensure that the name associated with your GFT clients account matches the name associated with your Rise account when making a reward request.

Also, at Goat Funded Trader, we have implemented a policy regarding the two first reward limit for traders. Upon the first two reward requests, any trader is allowed to withdraw up to $10,000.

The reason for this limitation is to acknowledge that often, the time elapsed from the beginning of a trading challenge to the rewards request may not be sufficient to thoroughly evaluate a trader's performance, risk approach, and trading strategy. By initially limiting the reward amount, we aim to provide traders with ample time to demonstrate their capabilities and to allow for a comprehensive assessment of their trading activities.

It is important to note that this policy only pertains to the first two reward requests. Subsequent reward requests will not be subject to this limitation, and traders will be allowed to withdraw any amount from their account. However, any profits exceeding the $10,000 limit at the time of the first two rewards request will be deducted from the account balance and not available for next withdrawals.

Furthermore, this limit is not applied to the reward on demand option. Traders are allowed to request any amount if they choose to take advantage of our reward on demand option.

We believe that this policy fosters a fair and equitable trading environment, ensuring that all traders have the opportunity to showcase their skills and receive the rewards they deserve.

If you have any questions or require further clarification regarding this policy, please do not hesitate to reach out to our support team. We are committed to providing transparent and efficient service to all our traders.

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