GoatFunded Trader Faces Backlash Over Payout Denial and Policy Violation

GoatFunded Trader, an online prop trading firm, has recently come under fire following allegations of unethical practices and rule violations. A trader took to X (formerly known as Twitter) to share their friends harrowing experience, shedding light on what they describe as a blatant denial of a rightful payout and unjust account termination.

On July 18th, a trader with the account number 30524 requested a payout, adhering to GoatFunded Trader's stipulated 72-hour policy for processing such requests. However, by July 23rd, the payout had not been received. When the trader contacted support, they acknowledged the delay, issued an apology, and assured a swift resolution.

As days passed without any progress, the trader's frustration grew. Instead of resolving the issue, it was said that GoatFunded Trader escalated the situation by accusing the trader of making “threats” and subsequently banning them from the platform. This action was used as a pretext to deny the payout, despite the trader's adherence to all the platforms rules and policies.

This controversy raises significant questions about the accountability and transparency of online prop trading firms. Traders entrust these platforms with their investments and expect fair treatment and adherence to the stated policies. Incidents like this undermine trust and highlight the need for greater oversight and regulation in the industry.

As this story unfolds, it serves as a stark reminder to all trading firms about the importance of maintaining integrity, transparency, and professionalism in their operations. Traders and investors are urged to remain vigilant and demand accountability from the platforms they use.