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Blue Guardian


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Overview of Blue Guardian Forex Prop Firm

TheTrustedProp
Date: April 27, 2024

In the world of financial markets, trading has always been a challenging endeavor. It requires not only expertise but also a reliable partner to guide traders towards success. Blue Guardian, a proprietary trading firm, has been making waves in the trading industry, offering unique opportunities and solutions for aspiring traders. In this article, we will delve into the intricacies of Blue Guardian Prop Firm, exploring its company details, challenges, and what sets it apart from the competition.

Company Details

Name: Blue Guardian

Blue Guardian is the trading name of a company with a legal identity known as Iconic Exchange FZCO. Founded in 2019, this trading firm has quickly gained recognition for its innovative approach to trading. It operates under the jurisdiction of both the United Kingdom and Dubai, providing a global platform for traders to excel.

CEO: Sean Bainton

The driving force behind Blue Guardian is its CEO, Sean Bainton. His leadership and vision have been instrumental in the firm's rapid growth and success. With years of experience in the financial industry, Sean brings a wealth of knowledge to the table.

Challenge Details

Blue Guardian offers two distinct types of trading challenges: One Phase challenges and Two Phase challenges. Let's take a closer look at each.

One Phase Challenge

Trading Period

In the One Phase Challenge, traders enjoy an unlimited and indefinite trading period. This means that traders have the flexibility to trade at their own pace without the pressure of time constraints.

Minimum Trading Days

Blue Guardian sets a minimum requirement of 0 days for the One Phase Challenge. This means that traders can qualify for funding without having to meet a specific number of trading days.

Profit Target

To qualify for funding, traders must achieve a profit target of 10%. This target may seem challenging, but it presents a significant opportunity for traders to earn substantial rewards.

Maximum Relative Loss

Blue Guardian sets the maximum relative loss at 6%. This rule ensures that traders maintain risk management discipline, protecting their capital during the challenge.

Maximum Daily Loss

Traders participating in the One Phase Challenge are subject to a maximum daily loss of 4%. This rule further enhances risk management practices.

Account Leverage

Blue Guardian provides a generous account leverage of 1:100, allowing traders to amplify their trading positions.

Profit Split

Upon successful completion of the One Phase Challenge, traders are entitled to an impressive 85% profit split.

Account Sizes

Blue Guardian offers a range of account sizes for the One Phase Challenge, including $10,000, $25,000, $50,000, $100,000, and $200,000.

Two Phase Challenge

Phase 1 - Challenge

  • Trading Period: Unlimited
  • Minimum Trading Days: 5 days
  • Profit Target: $8,000 (8%)
  • Maximum Loss: $10,000 (10%)
  • Maximum Daily Loss: $4,000 (4%)
  • Account Leverage: 1:50 Maximum Leverage
  • Profit Split: 85%
  • Account sizes: $10,000, $25,000, $50,000, $100,000, $200,000

Phase 2 - Verification

  • Trading Period: Unlimited
  • Minimum Trading Days: 5 days
  • Profit Target: $4,000 (4%)
  • Maximum Loss: $10,000 (10%)
  • Maximum Daily Loss: $4,000 (4%)
  • Account Leverage: 1:50 Maximum Leverage

Other Details

The Process

Becoming a trader with Blue Guardian is a straightforward process:

  1. Sign Up: Register for one of their Evaluations.
  2. Receive Your Login: Receive your login credentials instantly and access the trader dashboard.
  3. Start Your Evaluation: Begin your Evaluation by trading and following the objectives shown on your dashboard.
  4. Start Earning: Once you pass your Evaluation, you'll receive your Blue Guardian account and bi-weekly payouts if profitable.

Payout System

Blue Guardian offers an industry-leading 85% profit split for all Guardian Traders. Payouts can be requested on-demand via the dashboard, and they can be processed just after 14 days, offering traders flexibility in managing their earnings.

Guardian Protector

Blue Guardian goes the extra mile to protect its traders with the Guardian Protector. This tool allows traders to limit their daily losses and even block trading until the next day, ensuring responsible trading practices.

Why Choose Blue Guardian?

Realistic Targets

Blue Guardian sets realistic profit targets of 8% and 4%, which are among the lowest in the industry. This approach provides traders with a fair chance at becoming funded traders and progressing in their trading journey.

No Restrictions

Unlike many other firms, Blue Guardian imposes no restrictions on trading strategies. Traders can use EA's, trade copiers, trade upon news releases, and hold trades over the weekend. There are no restrictions on lot size limits or martingale/hedging.

Bi-Weekly Payouts

Blue Guardian stands out by offering bi-weekly payouts, allowing traders to access their profits every 14 days instead of the standard 30-day waiting period.

Scaling Plan

For ambitious traders, Blue Guardian offers a scaling plan. By achieving a 12% profit over three months, traders can see their accounts scaled up to $2,000,000, with rewards in 30% increments.

 

In conclusion, Blue Guardian Prop Firm offers a unique opportunity for traders to pursue their dreams of becoming profitable traders. With its realistic targets, flexible trading options, and commitment to trader success, Blue Guardian stands as a reliable partner in the world of trading.

FAQs

Blue Guardian does not offer free retries. However, there is unlimited time to complete the evaluation.

No, Blue Guardian does not offer free trials.

Yes, traders are required to place at least one trade every 30 days to avoid account inactivity.

Restricted countries from using Blue Guardian's services include: Cuba Iran North Korea Syria Pakistan Vietnam Kenya Myanmar

Payment for the evaluation can be made via debit/credit card through Stripe. Blue Guardian also accepts cryptocurrency through the Coinbase platform.

Blue Guardian allows up to $400,000 in Unlimited or Elite Funded Accounts and $400,000 in Rapid Funded Accounts. Different challenge types cannot be merged unless both accounts are at breakeven.

Yes, EAs are allowed, and traders can use trade copiers as well.

Blue Guardian has no restrictions on news trading.

Yes, there are no restrictions on holding trades overnight or over the weekend. Cryptocurrency trading over the weekends is also allowed on Eightcap broker.

Blue Guardian does not monitor the amount of lots you place.

Traders can trade FX, FX Exotics, Indices, Gold & Commodities, and Cryptos.

All of Blue Guardian's accounts offer ECN spreads starting as low as 0.1 pips. Commissions of $6 per lot apply to all assets except Crypto & Indices.

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Blue Guardian


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