Blue Guardian Review

Blue Guardian assists skillful traders in maximizing their talents by providing funded accounts, acknowledging that success in financial markets requires a well-developed strategy and sufficient starting capital.

Pros

  • $400,000 standard account cap with potential to scale to $2,000,000.
  • Exceptional 4.8/5 Trustpilot rating with 85% profit share.
  • Leverage up to 1:100 and minimal evaluation goals of 8% and 4%.
  • Supports overnight, weekend positions, and news trading.
  • Comprehensive user interface with diverse trading tools (forex, commodities, crypto, etc.).

Cons

  • Mandatory 5 trading days for Elite Guardian
  • Absence of a free trial

Blue Guardian upholds the belief that a mix of ample capital and a sophisticated strategy is necessary for gaining an edge in the financial markets.

Blue Guardian primes traders for success. The firm values discipline, effective risk management, and long-term stability from its clients. Traders have the opportunity to manage accounts up to $200,000, retaining 85% of the profits they generate from trading forex pairs, commodities, indices, and cryptocurrencies.

Introduction to Blue Guardian

Established in June 2019, Blue Guardian publicly launched in September 2021. They introduced traders to capital capacities as high as $2,000,000, coupled with 85% profit sharing. Their partnerships extend to Eightcap and Purple Trading Seychelles for brokerage services.

Officially recognized as Iconic Exchange Limited, they operate under the name Blue Guardian. They are headquartered at 2 Highlands Court, Cranmore Avenue, Solihull, West Midlands, England, B90 4LE.

Leadership at Blue Guardian

The helm of Blue Guardian is steered by CEO Sean Baiton. Sean brings to the table extensive knowledge from his years trading and understanding prop trading nuances. His expertise spans from signal provision to harnessing machine learning and quantitative analysis for crafting trading bots. Under his vision, Blue Guardian thrives, benefiting from a strong strategy for both immediate and long-haul objectives.

Program Offerings

Traders at Blue Guardian can select between:

  • Unlimited Guardian Evaluation
  • Elite Guardian Evaluation

Details of Unlimited Guardian Evaluation Program Accounts

This program from Blue Guardian intends to spotlight consistent, skilled traders. The standard version offers a leverage of 1:100.

Evaluation Phase One: Traders must achieve an 8% profit, adhering to a 4% daily loss limit and 8% total loss limit. There's flexibility with no bound day requirements.

Evaluation Phase Two: Here, the profit target stands at 4% with similar loss limitations. Successful traders, after both phases, receive a funded account, where only the loss limitations apply. Initial payouts occur 14 days post the first trading position on the funded account, with 85% of the profits going to the trader.

Scaling Opportunities for Unlimited Guardian Evaluation

Hitting a 12% profit over three months, with two profitable months, sees a 30% rise in the original account balance. For instance, a $200,000 account would grow to $260,000, then to $320,000, and so forth.

Available trading tools include forex pairs, commodities, indices, and cryptocurrencies.

Rules for Unlimited Guardian Evaluation Program

  • Profit Targets: Phase 1 aims for 8%, Phase 2 at 4%. Funded accounts don't have a specific profit goal.
  • Daily Loss Limit: Set at 4% for all account sizes.
  • Overall Loss Limit: All accounts have an 8% threshold.
  • Third-party Copy Trading & EA Risks: Using third-party services might lead to strategy duplication, posing risks of exceeding capital rules.

Elite Guardian Evaluation Program Accounts

Blue Guardian's Elite guardian evaluation program account is designed to pinpoint adept and meticulous traders who stand to gain from their unwavering performance across the bi-phase assessment. The unlimited guardian evaluation program account offers a trading leverage of 1:50.

The initial evaluation stage tasks traders with achieving an 8% profit goal, without exceeding either the 4% daily loss or the 10% cumulative loss thresholds. In terms of time commitments, understand that there's no ceiling on trading days during this stage. Nevertheless, a minimum of five trading days is mandatory to advance to the second phase.

The subsequent phase expects traders to hit a 4% profit benchmark, again without breaching the 4% daily or 10% overall loss limits. Concerning time constraints, there's no upper limit on trading days in this phase either. However, a minimum of five trading days is essential before transitioning to a fully funded account.

Successfully navigating both phases earns you a funded account, devoid of any specific profit benchmarks. Adherence to the 4% daily and 10% overall loss restrictions remains crucial. Fourteen days post your inaugural trade on the funded account, you receive your first payout. An 85% share of the profits generated on your funded account constitutes your earnings.

Elite Guardian Program's Scaling Blueprint

Accounts under the elite guardian evaluation also benefit from a scaling strategy. A 12% or above profit within a quarter is expected, with a prerequisite that at least two of those four months show gains. This results in a 30% augmentation of your original account sum.

Illustration:

  • 3 months in with a $200,000 account, it swells to $260,000.
  • Subsequent quarter sees the $260,000 elevate to $320,000.
  • The following quarter, the $320,000 blossoms to $380,000.

This pattern continues...

For trading under the Elite Guardian program, available instruments include forex pairs, commodities, indices, and cryptocurrencies.

Guidelines for Elite Guardian Evaluation Account:

  • Profit Benchmark: This is a preset profit percentage traders need to attain prior to clearing a phase, extracting profits, or upscaling their portfolio. Phase 1 demands 8%, phase 2 requires 4%, and funded accounts are free from this condition.
  • Daily Loss Limit: A ceiling on the permissible loss in a day, set at 4% for all account categories.
  • Overall Loss Cap: This defines the absolute permissible loss, set at 10% for all account sizes.
  • Minimum Trading Duration: The least number of days one needs to trade before clearing a challenge or initiating a withdrawal. Both phases mandate a 5-day minimum.
  • Third-Party Copy Trading Concerns: If third-party copying is in your plans, be aware. Overlaps in strategies due to others using the same service could jeopardize your account's status or withdrawal, especially if capital limits are breached.
  • External EA Considerations: If you're considering automated trading through an external EA, be cautious. Similar strategies across multiple users can pose challenges, especially if you transgress capital guidelines.

Blue Guardian Compared to Other Prop Firms

What sets Blue Guardian apart from its contemporaries in the prop firm sector? Blue Guardian introduces a duo of unique two-step funding programs and ensures freedom in your trading approach. Trading during news releases, retaining trades overnight, and even during weekends is permissible.

The two-tiered program under Blue Guardian’s unlimited guardian evaluation offers traders an opportunity to access payouts post the successful completion of both phases. Phase one demands an 8% profit, transitioning to 4% in phase two. The loss limits stand at 4% daily and 8% overall. Both evaluation stages liberate traders from any constraints on trading day frequency. When juxtaposed with other prop firms at the pinnacle of the industry, Blue Guardian offers more accessible profit targets without binding traders to specific trading day requirements.

Comparison of Blue Guardian with True Forex Funds:

Comparison with Funded Trading Plus:

Comparison with E8 Funding:

The elite guardian evaluation program by Blue Guardian is another two-phase initiative, making traders eligible for payouts after clearing both stages. Profit targets remain the same with 8% in phase one and 4% in phase two, coupled with daily loss limits at 4% and overall at 10%. Unlike its counterpart, this program necessitates 5 calendar days of trading. Again, when seen against other top prop firms, Blue Guardian offers relatively achievable profit targets without imposing constraints on maximum trading days.

Comparison with My Forex Funds:

Comparison with FundedNext:

Comparison with Finotive Funding:

Blue Guardian firmly stands out in the prop firm landscape by ensuring non-restrictive trading modalities. Trading amidst news, maintaining positions overnight, or through weekends remains entirely feasible.

Is Securing Capital through Blue Guardian Feasible?

When selecting the most suitable prop firms aligning with your forex trading approach, it's imperative to assess the feasibility of their trading prerequisites. While enticing profit splits on extensively funded accounts from certain firms may seem attractive, if they stipulate towering % profit expectations combined with minuscule % drawdown limits, the likelihood of triumph dwindles to almost nil.

Gaining capital via the unlimited guardian evaluation programs appears achievable, chiefly due to their moderate profit benchmarks (8% in the initial phase and 4% in the subsequent phase) accompanied by standard loss limits (daily losses capped at 4% and total losses at 8%). Moreover, traders enjoy the luxury of an indefinite trading duration to successfully navigate both evaluation phases without any obligatory trading day minimums.

Similarly, securing funds through the elite guardian evaluation programs is plausible, attributed mainly to their sensible profit objectives (8% during the first phase, followed by 4% in the second) and conventional loss boundaries (a daily ceiling of 4% and an overall cap of 10%). Both evaluation stages also grant an unlimited duration for trading.

Weighing these facets, Blue Guardian emerges as an optimal avenue for funding, given the practicable trading targets and conducive terms for both their two-step evaluation program accounts.

Proof of PaymentIncorporated in June 2019, Blue Guardian officially entered the public domain in September 2021. Once traders surmount their dual-phase evaluation, gain access to their funded accounts, and register profits, withdrawal requests can be placed. It's worth mentioning that these can be initiated bi-weekly.

Evidence of payments is predominantly available on their telegram channel, a hub where the majority of their community frequently showcases it.

Refer to the succeeding images for a snapshot:

Which Brokerage Does Blue Guardian Collaborate With?

Blue Guardian partners with both Eightcap and Purple Trading Seychelles as their trusted brokers.

Eightcap, an ASIC-certified broker stationed in Melbourne, Australia, laid its foundations in 2009. With an unwavering commitment to delivering exemplary financial services, they've expanded their presence to five global offices. Operating under regulatory oversight in numerous jurisdictions, they offer global clientele avenues to venture into realms spanning FX, indices, commodities, and shares.

Purple Trading Seychelles prides itself on fostering equitable business relations, harnessing cutting-edge technologies, and positioning themselves as collaborative allies to their clientele.

For those keen on platform preferences, Blue Guardian facilitates trading on both MetaTrader 4 and MetaTrader 5.

Trading instruments

Trade with the following:

forex pairs with 1:100 leverage

commodities with 1:20 leverage

indices with 1:50 leverage

;and cryptocurrencies with 1:2 leverage.

Trading fees

Trading commission:

Spread:

To gain access to the live spreads, please use these login details to the trading account below:

Platform: MetaTrader 4

Server: EightcapLtd-Demo3

Login Number: 2145708153

Password: yrm8cg4ju5

Download Platform: Click here

Educational Resources & Trader Support

Blue Guardian emerged in 2019 with its foundational vision being a beacon for Forex Signal guidance and a hub for trader education. This vision underwent a transformation in 2021 when they shifted gears, introducing their proprietary firm evaluations, paving the way for traders to gain funding.

ForexFactory, a renowned forum, might not feature a dedicated Blue Guardian thread, but mentions of the firm are rife in a thread titled ‘’PROP FIRM HUB’’ initiated by Masterrmind.

For a deeper dive into the said thread, click here.

Additionally, another thread on ForexFactory, christened ‘’PROP FIRM ELITE’’ by PaulMF, frequently references Blue Guardian.

To peruse the detailed thread, click here.

While Blue Guardian refrains from offering complimentary trials, potential traders can explore the trading ambiance via a demo account with their allied brokers – Eightcap or Purple Trading Seychelles.

Compensating for the absence of a trial, they have curated an intuitive dashboard accessible to all clientele. This provides a consolidated view of trading statistics, streamlining risk management.

Feedback on Blue Guardian from the Trading Community

The reception of Blue Guardian in reviews is overwhelmingly affirmative.

A cursory glance at Trustpilot reveals an outpouring of commendation, underscored by a stellar 4.8/5 rating amassed from 297 testimonials. Post their rebranding and introduction of fresh features, Blue Guardian's stature has witnessed significant amplification.

Testimonials often laud the team's alacrity in responding and their aptitude in clarifying ambiguities. A standout aspect that resonates with their community is the pragmatic evaluation phase benchmarks vis-a-vis other firms, especially coupled with the flexibility in trading styles.

Engaging with Blue Guardian on Social Media

A peek into the digital realm reveals Blue Guardian's palpable presence:

  • An Instagram page boasting 9,476 adherents,
  • A Telegram channel with a congregation of 2,115 enthusiasts.

Reaching Out for Support

Queries? Blue Guardian's FAQ section might hold the key.

For a more personalized touch, their support team is reachable via social media, or a direct mail can be shot at support@blueguardian.com.

Seek instant assistance? Their live chat facility on the website springs to action between Monday – Friday: 10 AM – 6 PM GMT+1.

Concluding Thoughts

Summarily, Blue Guardian stands tall as an authentic proprietary trading enterprise. It extends a buffet of two distinctive two-phase evaluation accounts, while championing trading autonomy. With them, news-time trading, overnight holds, and weekend positions are no taboo.

The Unlimited guardian evaluation programs, a staple in the industry, are a two-tiered challenge. Upon successful completion, traders pave their path to funding and potential profit sharing. To realize this, an 8% profit in phase one and 4% in phase two are mandatory milestones. Keeping traders in check are the daily 4% and cumulative 8% loss caps. The cherry on the cake? A limitless trading timeframe and zero trading day constraints, combined with a lucrative 85% profit share, and the privilege of account scaling.

The Elite guardian evaluation programs mirror the structure of their counterpart. However, they embed a 5-day minimum trading obligation in each phase and adjust the loss cap to 10%.

Endorsing Blue Guardian is a no-brainer for those in pursuit of a prop firm with lucid trading protocols and a consistent strategy blueprint. As a stalwart in the domain, their offerings cater to a diverse trading demographic. Given their comprehensive suite of offerings, Blue Guardian undoubtedly ranks among the industry's elite.

This comprehensive overview of Blue Guardian was refreshed on 03.08.2023 at 13:32 (CE(S)T).

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