How to Set Up MetaTrader 4 for Goat Funded Trader

Connect MetaTrader 4 to your Goat Funded Trader account and configure the platform for Goat Funded Trader's static (floor never moves) rules. This guide covers connection, verification, and recommended risk settings.

Connection Steps

Create your Goat Funded Trader account

Sign up at https://goatfundedtrader.com and purchase your evaluation. You will receive login credentials and a data feed connection string via email.

Download and install MetaTrader 4

Download MetaTrader 4 from the official website. Run the installer and follow the setup wizard.

Add the data feed connection

Open MetaTrader 4 and navigate to Connections or Data Feed settings. Add a new connection using the server address, username, and password from Goat Funded Trader.

Connect to the data feed and verify market data is streaming. Check that your account balance matches your Goat Funded Trader dashboard.

Configure risk settings

Set position size defaults, max order quantity, and any ATM strategies to prevent accidental oversizing that could breach Goat Funded Trader rules.

Recommended Settings for Goat Funded Trader

--Set a daily loss alert at 4.0% (80% of Goat Funded Trader's 5% limit) so you stop trading before the hard cap.
--Goat Funded Trader uses static drawdown. Your floor stays fixed at opening balance minus 10%. Set daily risk to stay well above that floor.
--Save your workspace template after configuring so you can restore it quickly if settings are lost.

Goat Funded Trader Rules at a Glance

Drawdown Type	Static (floor never moves)
Max Drawdown	10%
Daily Loss Limit	5%
Overnight Holding	Allowed
Weekend Holding	Allowed
News Trading	allowed

Try a Free Audit

Check a trade against Goat Funded Trader's rules for the $8,000 account. No sign-up required.

Goat Funded Trader$8,000Daily limit: $5Max DD: $10

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Direction

Entry Price

Exit Price

P&L ($)

Goat Funded Trader Rules Drawdown Simulator Take the Quiz