- $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.).
Forex Capital Funds
- Competitive pricing with transparent trading conditions.
- Unlimited trading duration with a progressive scaling strategy.
- Profit share ranging from 80% to 90%.
- Permission for news trading and overnight & weekend holding.
Cons ❌
Blue Guardian
- Mandatory 5 trading days for Elite Guardian
- Absence of a free trial
Forex Capital Funds
- Leverage limited to 1:30
- Limited community feedback
Rules 📋
Blue Guardian
Maximum Daily Loss, Maximum Loss, Maximum Trading Days, Minimum Trading Days, Profit Target, Third Party Copy Trading Risk, Third Party EA Risk
Forex Capital Funds
Maximum Daily Loss, Maximum Loss, Maximum Trading Days, No Copy Trading Allowed, Profit Target, Third Party EA Risk
When evaluating Blue Guardian versus Forex Capital Funds, one standout comparison lies in the account growth potential. Blue Guardian's substantial account cap of $400,000, which can be scaled up to an impressive $2,000,000, provides a clear avenue for ambitious traders to expand their trading prowess. Additionally, the company's high Trustpilot rating reflects a robust reputation among users, which is crucial for trust in the prop trading space. With an 85% profit share, Blue Guardian positions itself as a lucrative option for traders seeking significant earnings. In contrast, Forex Capital Funds offers a variable profit share between 80% to 90%, giving traders a similar incentive but with the advantage of a potentially higher share.
Leverage and Trading Conditions
Leverage is another critical aspect to consider. Blue Guardian's leverage of up to 1:100 dwarfs Forex Capital Funds’ more conservative 1:30 limit, offering traders the ability to take on more sizeable positions, albeit with increased risk. While both firms permit news trading and holding positions over weekends and nights, Forex Capital Funds gains a competitive edge with transparent trading conditions, which tend to be highly valued by traders who appreciate clarity on fees and charges.
Community and User Interface
A significant pro for Blue Guardian is its user-friendly interface and the abundance of trading instruments. With access to forex, commodities, crypto, and more, traders have a diverse portfolio at their fingertips. However, Forex Capital Funds lags slightly due to limited community feedback, which is a considerable factor for traders who rely on peer reviews and community support when making decisions.
Trading Rules and Flexibility
Comparing the trading rules, both firms implement similar safeguards such as Maximum Daily Loss and Profit Targets to manage risks effectively. However, Blue Guardian appears slightly less flexible with a mandatory minimum trading days requirement for their Elite Guardian tier and the absence of a free trial, which could detract new users looking for a test run before committing funds. Forex Capital Funds offers unlimited trading duration, potentially attracting traders looking for a less stringent environment.
Payment and Withdrawal Options
On the operational front, both firms offer a range of deposit methods including credit/debit cards and crypto, aligning them with current financial trends. Withdrawal methods diverge, however, with Blue Guardian boasting multiple channels like Bank Wire Transfer, Crypto, and Deel, which may appeal to traders seeking versatility in accessing their funds, whereas Forex Capital Funds seems to limit withdrawals to Deel only.
Account Sizes and Instruments
Blue Guardian offers varied account sizes starting from $10,000 to $200,000, enabling traders of different capacities to find a suitable match for their capital requirement. Both prop firms provide a wide range of tradeable instruments including commodities, crypto, forex, indices, and metals, giving no clear winner in terms of trading opportunities.
Company Maturity
Considering the incorporation dates, Blue Guardian has been in operation since June 2019, giving it a longer track record. This might instill more confidence compared to Forex Capital Funds, a newcomer established in July 2023. The maturity of a firm often correlates with its stability and the refinement of its services—a potential advantage for Blue Guardian.
In summary, both Blue Guardian and Forex Capital Funds present compelling prospects for retail traders, each with its unique strengths. Blue Guardian's high leverage, substantial account growth potential, and diversified withdrawal options make it an attractive choice for serious traders aiming for scalability. On the other hand, Forex Capital Funds’ transparent trading conditions, progressive scaling strategy, and higher potential profit share edge are enticing for those who prioritize clarity and a more considerable slice of their earnings. Traders must weigh these factors according to their personal trading style, risk appetite, and support preferences to make an informed selection.