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? Weāll 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, 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 firmās 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
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 firmās trading solutions is an important part of this review. Blue Guardianās 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 hereās a list of their commission:
Forex | $5 |
Indices | $0 |
Commodities | $5 |
Crypto | $0 |
Does Blue Guardian Provide Educational Materials?
The company doesnāt 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 in Review Websites (Trust Score)
Blue Guardian's presence on review websites has been somewhat controversial. TrustPilot has removed the companyās 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 firmās customer support. The firm provides various channels for traders to seek assistance.
support@blueguardian.com | |
Visit in person | Dubai Silicon Oasis, DDP, Building A2, Dubai, United Arab Emirates |
Discord | |
FAQ | Frequently asked questions on the website |
The firmās 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.
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.