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Blue Guardian Review 2024

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Blue Guardian Review 2024
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Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Blue Guardian
Founded:2019
Headquarter:United Arab Emirates
Min Price:$51
Max Fund:$2,000,000
Challenges:4
About
Blue Guardian has been around since 2019. At first, it was designed by Sean Bainton as a Forex signal provider and later in 2021 it developed to be a Prop trading firm. 85% profit split, 24/7 support, scaling opportunities up to $2,000,000 are some of Blue Guardian prop firm features.
Contact
Dubai Silicon Oasis, DDP, Building A2, Dubai, United Arab Emirates
Rank and Score
Pros and Cons
Withdrawal Payments
Instruments
Pros
Wide range of trading instruments
Bi-weekly payouts
Diverse account types
Generous 85% profit split
Cons
Higher fees for Elite Guardian account
Lack of phone support
Restricted crypto leverage

Blue Guardian is prop trading firm which provides retail traders with funds ranging from $10,000 to $200,000. The company offers four main funding plans; Unlimited, Elite, Rapid, and 3 Step.

What are the trading conditions on Blue Guardian prop firm? Weā€™ll explore pros, cons, assets, trading platforms, challenge plans, and many more in this Blue Guardian review.

Blue Guardian (what do we know about the company?)

Blue Guardian
A comprehensive review of Blue Guardian prop

Blue Guardian, founded in 2019 and headquartered in the United Arab Emirates, has quickly made a name for itself in the prop trading industry.

Led by CEO Sean Bainton, the firm has positioned itself as a gateway for talented traders to access significant capital and potentially lucrative profit-sharing arrangements. Key aspects of Blue Guardian:

  • Financing traders with trading capital ranging from $10,000 to $200,000;
  • Access to popular trading platforms MatchTrader, Tradelocker and MT5;
  • A diverse range of tradable instruments;
  • An ambitious scaling plan allowing growth up to $2 million;
  • Competitive 85% profit split for successful traders;
  • Bi-weekly payouts and refundable evaluation fees.

Blue Guardian Specifications

The firmā€™s offerings are designed to cater to a wide spectrum of traders, from novices to seasoned professionals. Blue Guardian Specifics:

Account currency

USD

Minimum price

$51

Maximum leverage

Up to 1:100

Maximum profit split

Up to 90%

Instruments

Forex, Indices, Commodities, Crypto

Assets

N/A

Evaluation steps

1-Phase, 2-Phase, 3-Phase

Withdrawal methods

Rise, Crypto

Maximum fund size

$2,000,000

First profit target

6%

Max. daily loss

4%

Challenge time limit

Unlimited

News trading

Unlimited

Maximum total drawdown

10%

Trading platforms

MatchTrader, Tradelocker, MT5

Commission

$5 per lot on Forex and Commodities

TrustPilot score

N/A

Payout frequency

Bi-Weekly

Established country

UAE

Established year

2019

Why Blue Guardian? (Pros & Cons)

Choosing the right prop firm can be a game-changer for aspiring traders. Blue Guardian offers several compelling advantages, but it's essential to consider potential drawbacks as well.

Pros

Cons

Generous 85% profit split

Lack of phone support

Wide range of trading instruments

Restricted crypto leverage

Diverse account types

Higher fees for Elite Guardian account

Bi-weekly payouts

-

What Are the Funding Plans and Their Costs on Blue Guardian?

The company offers a range of funding options to suit different trader profiles and risk appetites. Blue Guardian funding plans and their costs:

Funding

Unlimited

Elite

Rapid

3 Step

$10K

$73

$105

$73

$51

$25K

$148

$210

$148

$111

$50K

$224

$300

$224

$171

$100K

$373

$465

$373

$276

$200K

$748

$900

$748

$501

Account Opening and KYC on Blue Guardian

Becoming a funded trader with the firm involves a straightforward process designed to assess your trading skills and ensure compliance with regulatory requirements.

In order to open an account on Blue Guardian, you have to first choose your preferred funding plan, pay for it, and then get the credentials.

After succeeding in the evaluation phases, you can complete the KYC process and apply for a funded account through your dashboard.

Specifics of Blue Guardian Evaluation Phase

Blue Guardian Evaluation programs
The firm offers one-step, two-step, and three-step evaluation plans

The evaluation phase at the prop firm is designed to identify skilled traders who can consistently generate profits while adhering to strict risk management principles. Blue Guardian evaluation rules:

Features

Unlimited

Elite

Rapid

3 Step

Trading period

unlimited

unlimited

unlimited

unlimited

Max Daily Drawdown

4%

4%

4%

4%

Max Drawdown

8%

10%

6% (Relative)

8%

Target

8%

4%

10%

4%

10%

6%

6%

6%

Leverage

100 (Challenge)

50 (Real)

50

100 (Challenge)

50 (Real)

100 (Challenge)

50 (Real)

Payout

Bi-Weekly

Bi-Weekly

Bi-Weekly

Bi-Weekly

Profit Split

85%

85%

85%

85%

Refund

Yes

Yes

Yes

Yes

Does Blue Guardian Prop Firm Offer Bonuses?

While Blue Guardian doesn't explicitly advertise traditional bonuses, they offer several attractive features that can be considered beneficial to traders.

  • Refundable fees: The initial evaluation fees are 100% refundable upon the 4th payout, effectively allowing successful traders to recoup their investment.
  • Affiliate: earn up to 15% commission from your referred traders in a tier system.

Affiliate

Referrals

Commissions

Tier 1

1-100

10%

Tier 2

100-250

12.5%

Tier 3

250+

15%

Blue Guardian Trading Platforms

Exploring the firmā€™s trading solutions is an important part of this review. Blue Guardianā€™s platforms:

  • MatchTrade;
  • Tradelocker;
  • MT5.

Financial Instruments

The firm offers a diverse range of financial instruments, allowing traders to implement various strategies across different markets. The available instruments on the prop firm:

  • Forex;
  • Forex Exotics;
  • Indices
  • Gold and Commodities;
  • Cryptocurrencies.

Blue Guardian Payment Methods

We must discuss available payment methods in this Blue Guardian review. The firm offers a range of options to cater to traders' diverse needs.

Deposit/Withdrawal

Methods

Min Amount

Payment

Credit/Debit Cards

$51

Crypto

$51

Payout

Rise

$500

Crypto

$100

Fee Structure on Blue Guardian

Blue Guardian prop firm's fee structure is designed to be transparent and aligned with traders' success. Their accounts have Raw spreads, and hereā€™s a list of their commission:

Forex

$5

Indices

$0

Commodities

$5

Crypto

$0

Does Blue Guardian Provide Educational Materials?

The company doesnā€™t just fund traders. it educates them by providing blog posts and articles on various subjects, including:

  • How does the evaluation process work;
  • Required qualifications for prop trading;
  • Explanation of challenges.
Blue Guardian Prop Firm Educational Materials
Most of the blog posts are dedicated to explaining evaluation programs

Blue Guardian in Review Websites (Trust Score)

Blue Guardian's presence on review websites has been somewhat controversial. TrustPilot has removed the companyā€™s trust score due to guideline breaches.

The firm has received a total of 1044 reviews on TrustPilot. 78% of them are 5-stars and 12% are 1-star ratings.

Blue Guardian Prop Firm Customer Support

Next stage in Blue Guardian review is the firmā€™s customer support. The firm provides various channels for traders to seek assistance.

Email

support@blueguardian.com

Visit in person

Dubai Silicon Oasis, DDP, Building A2, Dubai, United Arab Emirates

Discord

Community

FAQ

Frequently asked questions on the website

The firmā€™s Business hours are 9am-5pm GMT, Monday to Friday and the team tends to answer to your questions within 24 hours.

Blue Guardian on Social Media

The firm maintains an active presence on various social media platforms to engage with its community and share updates.

  • Twitter: https://twitter.com/BlueGuardiancom
  • Linkedin: https://www.linkedin.com/company/blueguardiancom/
  • Instagram: https://www.instagram.com/blueguardiancom/
  • YouTube: https://www.youtube.com/channel/UCmqrKtuW0zGRDteM6knZYPg
  • Discord: https://discord.gg/blueguardian
  • Telegram: https://t.me/BlueGuardianCapital

Through these channels, the firm aims to build a strong online community, foster dialogue around trading strategies, and keep traders informed about new opportunities and platform updates.

Social media serves as a crucial tool for the company to expand its reach and interact with both current and potential traders.

Blue Guardian Prop Firm YouTube Channel
The prop firm has a community of 7,000 traders on YouTube and posts new videos on a weekly basis

Expert suggestions

Blue Guardian funds retail traders up to $2,000,000 and supports them in their trading journey through various markets, such as Forex, Indices, Commodities, and Crypto.

Blue Guardian prop firm also offers a diverse range of payment methods catering to tradersā€™ different needs, including Rise, Crypto, and Credit/Debit Cards. Share your thoughts about the Blue Guardian review in the comments.

FAQs

Is Blue Guardian a regulated prop firm?

The prop firm isn't directly regulated as a financial entity.

How long does it take to get funded?

The duration varies based on your performance in the evaluation phases, typically ranging from 30 to 90 days.

Can I trade cryptocurrencies?

Yes, but with certain leverage restrictions compared to other assets.

What happens if I breach the maximum drawdown rules?

Breaching drawdown rules typically results in account termination and loss of any accumulated profits.

How often can I request withdrawals as a funded trader?

The firm offers bi-weekly withdrawals, but you can change it to weekly for a fee.

What is the maximum total drawdown limitation?

Maximum total drawdown on Elite and Rapid challenges is set to 10%.

Can I use leverage on Blue Guardian?

Yes, the prop firm offers leverage option up to 1:100.

What is the cheapest challenge on Blue Guardian?

You can purchase a $10K 3-Step challenge for $51.

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