Blue Guardian
Blue Guardian is a Dubai-based proprietary trading firm founded in 2019, offering funded trading accounts from $5,000 to $200,000 with scaling up to $2 million. The firm provides multiple challenge types including 1-Step, 2-Step, 3-Step evaluations and Instant Funding options.
Pros & Cons Analysis
An unbiased evaluation of Blue Guardian's strengths and weaknesses to help you make an informed decision.
High Profit Split
Traders can enjoy up to 90% profit split, ensuring a significant portion of earnings remains with them.
Large Max Funding
With a maximum funding of $20 million, Blue Guardian offers substantial capital for experienced traders.
Flexible Trading
Allows scalping, expert advisors, and weekend holdings, providing traders with diverse strategy options.
Multiple Payout Methods
Offers convenient payout methods like bank transfer, cryptocurrency, and PayPal, ensuring flexibility in accessing funds.
Advanced Platforms
Supports MetaTrader 5, Match-Trader, and TradeLocker, offering traders a variety of advanced trading platforms.
No News Trading
Prohibits trading around high-impact news events, which can limit opportunities for news-driven strategies.
High Evaluation Costs
Evaluation fees range from $1,900 to $99,700, which can be prohibitive for many traders.
Undefined History
Lack of founding date and track record makes it difficult to assess the firm's long-term reliability.
Strict Consistency Rules
Imposes a 15% consistency rule on instant funding, potentially restricting trading freedom.
Editorial Analysis
Blue Guardian presents several appealing features for traders seeking a robust trading environment. Key among these are its competitive profit-sharing, significant funding potential, and flexible trading options.
The firm offers a remarkable scaling opportunity with a maximum funding limit of $20 million, making it an attractive choice for traders aiming to manage large amounts of capital.
The profit split is a major highlight, with traders able to retain up to 90% of their profits, depending on the program and performance, ensuring that traders are well-rewarded for their efforts.
Trading flexibility is a strong suit of Blue Guardian, allowing scalping, the use of expert advisors, and weekend holdings, which caters to a wide range of trading strategies and styles.
With support for MetaTrader 5, Match-Trader, and TradeLocker, Blue Guardian provides access to advanced trading platforms, meeting the needs of both novice and experienced traders.
Important Considerations
Despite its strengths, Blue Guardian has certain drawbacks that traders should carefully consider. These include trading restrictions, high costs, and undefined historical data.
The absence of a founding date and track record makes it challenging to evaluate the firm's reliability and stability over time, which can be a concern for potential traders.
Blue Guardian prohibits news trading and imposes a 15% consistency rule, which might restrict trading strategies that rely on market volatility or rapid profit accumulation.
The evaluation fees are notably high, ranging from $1,900 to $99,700, which may deter traders with limited initial capital from participating.
The firm's consistency rules, such as the 15% profit cap on single days, can impose limitations on how traders manage and optimize their strategies.
Blue Guardian offers a compelling package with high profit splits and substantial funding but is marred by high costs and strict trading restrictions.
The firm is best suited for experienced traders who can navigate its high evaluation fees and exploit its generous profit-sharing and scaling opportunities.
Prospective traders should weigh the firm's financial benefits against its operational constraints to make an informed decision.