Blue Guardian Forex prop firm review – Diverse funded options

Blue Guardian Forex prop firm review – Diverse funded options

Fee

51 USD

Leverage

1:100

Account Sizes

10k-200k USD

Profit Split

Up to 90%

Blue Guardian provides competitive fees, multiple account sizes, and advanced trading platforms. Offers profit-sharing up to 90%.

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Blue Guardian prop firm offers funded challenges from 10k to 200k USD amounts on several challenge types. The profit share percentage is up to 90%. The firm has been around since 2022 and offers advanced trading platforms. The fees seem competitive and there are many positive reviews on online platforms. There are 1-step, 2-step, and 3-step challenge types offered to accommodate traders with diverse experience and budgets.

In this Blue Guardian review, we are going to assess the firm’s critical features such as safety, rules, funding options, assets, platforms, support, and many more.

Overall

Blue Guardian prop trading firm offers 1-step, 2-step, and 3-step funded challenges with funding options from 10k to 200k USD, and a scaling plan of up to 2 million dollars in virtual funding. The lowest fee starts from 51 dollars and the firm allows for 90% profit sharing through scaling or paid upgrades. The starting profit split is 85%. Blue Guardian allows EAs and offers access to advanced trading platforms such as MT5, TradeLocker, and Match-Trader, allowing traders to conduct a comprehensive analysis. The firm allows access to diverse markets of Forex, cryptos, commodities, and indexes.

Pros & cons of Blue Guardian prop firm

Pros

  • ✅ Wide range of funded challenges, including 1-step, 2-step, and 3-step options
  • ✅ Competitive fees start from as low as $51
  • ✅ Profit-sharing up to 90%
  • ✅ Scaling plans allow traders to control up to $2 million in virtual funding
  • ✅ Access to advanced trading platforms like MT5, TradeLocker, and Match-Trader
  • ✅ EAs (Expert Advisors) are allowed
  • ✅ Allows access to diverse markets, such as Forex, indices, commodities, and cryptos

Cons

  • 🚫 Lacks educational resources
  • 🚫 Support is only available in English

Blue Guardian

Safety of Blue Guardian

Blue Guardian reviews are lacking on the FPA, but are numerous on Trustpilot. Mostly, the reviews are positive. When it comes to experience, the firm has been around since 2022 making it decently experienced in the prop trading industry. The firm is partnered with regulated brokers and liquidity providers to provide a safe and reliable trading experience.

Overall, Blue Guardian seems like a reliable prop firm that has decent experience in the industry.

Blue Guardian Funding and maximum capital allocation

Blue Guardian funded programs are very diverse, and the firm has assigned a name for each of the funded account challenge types. These accounts include Unlimited, Elite, Rapid, and 3-step challenges. The Unlimited challenge is a 2-step account where traders need to hit the profit target twice to get funded. The Elite account is also a 2-step account, requiring traders to hit the profit targets twice to get funded. The Rapid Challenge is a 1-step account where traders only need to hit the profit target once to get funded and trade for profits. The Blue Guardian 3-step program requires traders to hit profit targets three times in three phases to get funded. These profit targets are different for each phase and typically decline for 2nd and 3rd phases.

Blue Guardian funding options include 10k, 25k, 50k, 100k, and 200k USD amounts.

Blue Guardian challenges overall provide great flexibility to choose between different accounts and funded options depending on the trader’s preferences and goals. The firm has these many accounts to be suitable for both beginner and experienced traders.

Blue Guardian scaling plan allows traders to increase their funded accounts further, up to 2 million dollars in funding. To be eligible for scaling, traders have to make a 12% profit over 3 months. The funded account size is increased by 30% each time a trader meets these requirements.

Blue Guardian Assets

Blue Guardian prop trading assets are diverse and include Forex pairs (majors, minors, exotics), indices, gold & commodities, and crypto pairs. There are no stocks or futures offered for trading, but it is a minor downside. The leverage is 1:100 during evaluation and becomes 1:50 after the trader becomes funded. Overall, the firm offers diverse asset classes for trading and provides them with flexible leverage. All accounts have raw spreads and commissions are charged only for Forex and commodities, 5 USD per lot round turn.

Blue Guardian Trading rules and limitations

Blue Guardian rules are simple, traders have to hit profit targets which are 8% for phase 1 and 4% for 2nd and other phases. They have to achieve this target without breaching risk limits. Each funded challenge comes with different rules for risk limits. Let’s list all of them to compare them and define which one is easiest.

Blue Guardian Unlimited challenge has the following rules:

  • Profit target – 8% Phase 1, 4% phase 2
  • Daily risk limit – 4%
  • Maximum drawdown – 8%
  • Trading Period – Unlimited

Blue Guardian Elite challenge requires traders to follow the rules:

  • Profit target – 10% Phase 1, 4% Phase 2
  • Daily risk limit – 4%
  • Maximum drawdown – 10%
  • Trading Period – Unlimited

Blue Guardian Rapid challenge requires traders to follow the rules:

  • Profit target – 10%
  • Daily risk limit – 4%
  • Maximum drawdown – 6%
  • Trading Period – Unlimited

Blue Guardian 3-step challenge requires the trader to pass 3 phases with the following rules:

  • Profit target – 6% on all phases
  • Daily risk limit – 4%
  • Maximum drawdown – 8%
  • Trading Period – Unlimited

As we can see, Blue Guardian offers competitive rules. The rules are very attractive on the 1-step account, which is a Rapid challenge. EAs are allowed and copy trading is permitted.

Blue Guardian Fees

Blue Guardian fees are different for each funded challenge type and option. The lowest fee is charged for a 3-step 10k funded challenge. Let’s consider one-time fees by Blue Guardian to see how competitive the firm’s offerings truly are.

Blue Guardian Unlimited challenge has the following one-time fees:

  • Funded option: 10,000 USD – One-time fee: 73 USD
  • 25k USD – 148 USD
  • 50k USD – 224 USD
  • 100k USD – 373 USD
  • 200k USD – 748 USD

Blue Guardian Elite challenge

  • Funded option: 10,000 USD – One-time fee: 105 USD
  • 25k USD – 210 USD
  • 50k USD – 300 USD
  • 100k USD – 465 USD
  • 200k USD – 900 USD

Blue Guardian Rapid challenge

  • Funded option: 10,000 USD – One-time fee: 73 USD
  • 25k USD – 148 USD
  • 50k USD – 224 USD
  • 100k USD – 373 USD
  • 200k USD – 748 USD

Blue Guardian 3-step challenge

  • Funded option: 10,000 USD – One-time fee: 51 USD
  • 25k USD – 111 USD
  • 50k USD – 171 USD
  • 100k USD – 276 USD
  • 200k USD – 501

As we can see, Blue Guardian offers competitive fees starting from 51 dollars for its 3-step 10k USD challenge.

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Blue Guardian Platforms

Blue Guardian provides access to advanced trading platforms, MetaTrader 5 (MT5), TradeLocker, and Match-Trader. These platforms were designed for prop trading except for MT5, which is an advanced trading platform allowing custom indicators and EAs (automated trading robots known as Expert Advisors). The firm allows EAs and trade copiers, which makes MT5, a very capable platform. Overall, Blue Guardian offers a very good choice between three advanced platforms, allowing traders to use custom indicators and EAs.

Blue Guardian Profit-Sharing

Blue Guardian profit split starts from 85% and is increased to 90% after the trader becomes eligible for scaling. There are also paid add-ons to increase the profit split. Payouts are be-weekly, allowing traders to withdraw profits twice per month, which is pretty attractive.

Withdrawals are processed within 1-2 business days and the firm allows below 2000 USD withdrawals. Payments are processed through a bank or crypto. For direct crypto withdrawals, a minimum of 500 USD is necessary, while bank transfers start from 100 dollars.

Education and trading tools at Blue Guardian

The firm does not offer advanced educational materials such as video guides, webinars, or courses. However, there is a trading blog, where traders can read various posts about prop trading, prop firms, risk management in prop trading, and so on. Despite this, the blog is not a replacement for proper trading education, and traders will have to go somewhere else to learn financial trading and develop prop trading strategies.

Customer Support at Blue Guardian

Blue Guardian provides an excellent support experience to its customers. There are several popular channels such as live chat, email, physical offices in Dubai, and Discord channel. Traders can contact the firm support personnel 24/7 which is an advantage of Blue Guardian, allowing constant assistance. The one minor downside of Blue Guardian is that the firm does not support languages other than English. Both the website and support are only provided in English.

Frequently Asked Questions on Blue Guardian

Is Blue Guardian legit?
Yes, the Blue Guardian scam is very unlikely as the firm has been around for some time now, has positive trader reviews, and offers diverse funded options.
Is Blue Guardian a good prop firm?
Blue Guardian offers diverse funded challenges, competitive fees, and up to 90% profit splits, making it attractive to both beginner and experienced traders. However, the firm lacks comprehensive educational resources, which might make it less suitable for novice traders looking for guided learning.
What is the profit-sharing model at Blue Guardian?
Profit-sharing starts at 85% and increases to 90% as traders progress through scaling. Traders can get 90% profit sharing using paid add-ons as well.
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