Blue Guardian is a popular choice for prop traders who want to start small with a low cost challenge account with easy rules and risk management practices. It is for the traders who go slow but steadily grow with experience. Blue Guardian offers multiple types of challenges and instant funding account for traders of all types. And the Blue Guardian 3 step challenge is built for beginners and less experienced traders who don’t want to jump into a funded account right away. Beginners who want to start small with low account fee and grow as they gain experience can definitely choose to start the Blue Guardian 3 step challenge. Traders have adequate time to understand the platform, targets, trading rules, risk management, and strategies that can be used.

To pass the Blue Guardian 3 step challenge, traders must achieving a specific profit target while managing risk limits, such as maximum drawdown and daily loss limits. There’s no time limit to pass the challenge. Upon passing, they get access to the Guardian Trader account. The Blue Guardian 3 Step Challenge is a straightforward way to become a Guardian Trader. Guardian Trader account is eligible for up to a 90% profit split. In this blog, we will discuss the Blue Guardian 3 step challenge account sizes, fees, targets, rules, risk management parameters, and some useful tips on the strategies to help you pass the Blue Guardian 3 step challenge with ease.

Blue Guardian Account Sizes & Fees for 3 Step Challenge

The Blue Guardian offers one of the most affordable challenge fees starting at just $6. Especially beginners, who want to try prop firm can use the low-cost Blue Guardian Accounts $5k or $10k and start prop trading. Here are the Blue Guardian Account fees based on the Blue Guardian Account Sizes under the 3 step challenge.

• $5k starts at $6
• $10k starts at $13
• $25k starts at $88
• $50k starts at $136
• $100k starts at $6220
• $200k starts at $400

Blue Guardian 3 Step Challenge Rules, Targets & Risk Parameters

In the Blue Guardian 3 Step challenge, you need to pass the phase 1, phase 2, and phase 3 before becoming a Blue Guardian Trader. You must achieve a specific profit target of 6% in all phases of the 3 step challenge. You also need to manage risk with a 4% maximum daily loss limit and an 8% maximum Loss (overall) limit in all phases of the 3 step challenge. There’s no time limit to how long you have to pass the challenge so you get unlimited time to achieve the profit targets. With a funded Guardian Trader account, you can receive up to 90% of the profit split and a weekly payout.

Blue Guardian 3 Step Challenge Rules for Evaluation Phase

Blue Guardian has specific profit targets, rules, and risk management constraints, same for Phase 1, Phase 2, Phase 3, that traders must achieve in all the 3 phases of the challenge. You must meet the targets within the risk management limits in each phase to pass the 3 step challenge and become a Guardian Trader.

• Trading period - Unlimited for both phases
• Maximum Daily Loss - 4% for all Phases
• Maximum Loss (Total) - 8% for all Phases
• Profit Target - 8% for all phases
• Account Leverage - Up to 1:100 for Phases 1,2, &3
• Payouts - Not applicable in evaluation phase
• Profit Split - Not applicable in evaluation phase

After passing the Phase 1, Phase 2, and Phase 3 of the 3 step challenge, you reach Phase 4 (Funded Phase) of the 3 step challenge, which is the Guardian Trader. Under the Guardian Trader, you must meet the targets within the risk parameters mentioned below to be eligible for a payout. Before starting the challenge, visit The Trusted Prop Blue Guardian review to get lastest discounts and verified Blue Guardian coupon code on all challenge
 

Blue Guardian 3 Step Challenge Rules for Guardian Trader (Funded Stage)

• Trading period - Indefinite
• Maximum daily Loss - 4%
• Maximum Loss (Total) - 8%
• Profit Target - None
• Account Leverage - Up to 1:50
• Payouts - Up to Weekly
• Profit Split - Up to 90%

Let us take a look at the various rules and risk management parameters to pass the Blue Guardian 3 step challenge and become a Guardian Trader.

Profit Target

Profit Target is a part of the Blue Guardian trading objective that every trader must meet. If the profit target is reached in the challenge phases after all positions are closed, you are offered a Blue Guardian-funded account, which is the Guardian Trader. Reach the specific profit target of 8% in all 3 phases of the 3 step challenge within the rules and risk parameters. Upon completing the challenge phases, you will become a Guardian Trader with a funded account where you can earn real profits.

Minimum and Maximum trading days

A minimum trading period of 3 days on all phases, during which you must achieve at least 0.5% profit for the day to be considered as a trading day. These days do not have to be consecutive. For a trading day to be considered, it must have at least 0.5% profit and count towards the 3-day trading period. There's no maximum trading days.

Maximum Daily Loss

The maximum daily loss is 4% allowed for all 3 phases of the 3 step challenge. Max daily loss is based on 4% of the Initial account balance. It is a critical account breach parameter must be met during your entire 3 step challenge, all phases, to prevent an account loss.

Maximum Total Loss

The maximum total loss allowed in your account is 8% for the 3 step challenge. You must not exceed this limit during the challenge. If you exceed the max Loss limit, it is an account breach, and the account will be automatically closed. It is a critical risk criterion that must be met to prevent total account loss.

Hold overnight & trade over weekends.

Blue Guardian has no restrictions. Both overnight and weekend holdings are allowed. They allow crypto trading over the weekends.

News Trading

Yes, Blue Guardian allows news trading in the 3 step challenge account. There are no news trading restrictions on the 3 step challenge phases. But news trading is not allowed in a Blue Guardian funded account, also known as a Guardian Trader account. Blue Guardian prop firm does not allow news trading on Funded accounts. For trades executed on your FUNDED ACCOUNT, do not open/close trades 5 minutes before and 5 minutes after red folder (high-impact) news events. Any profits earned during this time will be subject to removal, without any account violation. Do not open/close trades 5 minutes before and 5 minutes after FOMC speeches, statements, and news events on Funded accounts. Any trades involving FOMC events will be subject to profit removal, as well.

EAs & Trade Copiers

Blue Guardian prop Firm allow the use of Expert Advisors (EAs) during all the challenge phases of the Blue Guardian 3 step challenge. You may use EAs based on your set up, strategy, or trading style. During th Blue Guardian 3 step challenge, traders are allowed to use Trade Copiers as well.

Drawdown trailing or static

The drawdown type for the Blue Guardian 2-step evaluation is trailing drawdown.

Minimum Holding Time

The minimum holding time is 2 minutes. If a trade is closed in under 2 minutes, it may be flagged for tick scalping, which is against our trading rules.
 

Changing of Password

Changing passwords is not allowed.

Account Inactivity

We require you to place at least one trade every 30 days. If this is not done, we will consider your account inactive, and a breach of your account will occur.

Copy trading, Group trading, and Signal trading

Blue Guardian 3 step challenge prohibits the use of Copy trading, Group trading, and Signal trading strategies.

Hedging, Martingale, and No Stop Loss

Blue Guardian allows crucial strategies during the 3 step challenge phase which most prop firms do not . Traders can use the hedging and martingale as strategies that will make passing the 3 step challenge easier. Stop loss is not required in the Blue Guardian 3 step challenge.

‍Gambling Rule

Blue Guardian strictly prohibits trading strategies that are deemed gambling. Such as "all or nothing."

Conclusion

The Blue Guardian 3 step challenge is for new traders who want to take time to practice their risk management skills in a prop firm evaluation before diving into a funded account. They can take advantage of the Blue Guardian 3 step challenge by getting familiar with the trading rules and proving their trading skills. Traders will have enough time to learn about account sizes, targets, Rules, and risk management rules. We have also shared detailed information about each allowed and not allowed strategy of the Blue Guardian 3 step challenge.

To learn more about the Blue Guardian 3 step challenge, you can refer to The Trusted Prop, a leading prop firm review website with over 200 prop firms reviewed.

To get started with a 3 step challenge and become a Guardian Traders, sign up and get started with the Blue Guarding Challenge today.