REVIEW
Blue Guardian
“Blue Guardian: A Captivating Tale of Courage and Protection”
“Unlocking Trader Potential: Blue Guardian Offers Funded Accounts to Skilled Traders, Empowering Financial Market Success”
Blue Guardian is committed to empowering proficient and seasoned traders by facilitating the optimal utilization of their skills through the provision of funded accounts. The genesis of this concept lies in the recognition that gaining a competitive advantage in financial markets requires the convergence of a robust trading strategy and a sufficient starting capital.
Central to Blue Guardian’s ethos is the conviction that attaining a competitive edge in financial markets demands the availability of substantial capital resources alongside a meticulously crafted trading strategy.
A paramount focus of Blue Guardian is dedicated to fostering the professional development and success of traders. They expect clients to exhibit discipline, adeptly manage risk, and maintain an unwavering commitment to long-term consistency. As a testament to their dedication, Blue Guardian empowers traders to handle substantial account sizes, reaching up to $200,000, coupled with enticing profit splits of 85%. This exceptional earning potential is realized through diverse trading opportunities spanning forex pairs, commodities, indices, and cryptocurrencies.
Who are them?
The company operates within the legal framework as Iconic Exchange Limited, trading under the name Blue Guardian. Its headquarters are located at 2 Highlands Court, Cranmore Avenue, Solihull, West Midlands, England, with the postal code B90 4LE.
Sean Baiton, the Chief Executive Officer of Blue Guardian, possesses extensive expertise in trading and substantial experience in proprietary trading firms. Leveraging a profound understanding of the industry, Sean offers a diverse array of trading services, encompassing signal provision and the application of machine learning and quantitative analysis for the development of advanced trading bots.
Guided by Sean’s leadership, Blue Guardian has devised a robust strategy to realize both short-term and long-term objectives. His instrumental role in shaping and executing the company’s vision and mission has significantly contributed to the establishment and effective implementation of its goals.
Funding Option
Blue Guardian offers its traders the following two funding program accounts to choose from:
- Standard Guardian Evaluation
- Unlimited Guardian Evaluation
Standard Guardian Evaluation
The standard guardian evaluation program account at Blue Guardian is crafted to identify committed and proficient traders acknowledged for their consistent performance over a two-phase evaluation period. This account grants traders the opportunity to trade with a leverage ratio of 1:100.
In the initial evaluation phase, traders must achieve an 8% profit target while adhering to daily loss limits of 4% and a maximum overall loss of 10%. This profit goal must be reached within 40 calendar days of initiating trades on the evaluation account, and traders must actively participate for a minimum of 5 trading days to progress to the second phase.
In the subsequent phase, traders must attain a 4% profit target while staying within the aforementioned daily and overall loss constraints. This target must be met within 80 calendar days of commencing trading on the evaluation account, and a minimum of 5 trading days is required to advance to a funded account.
Upon successful completion of both evaluation phases, traders qualify for a funded account without imposed profit targets, with only the requirement to adhere to daily and overall loss limits. The initial payout is scheduled 14 calendar days after initiating the first trading position on the funded account, with a profit split of 85% based on earnings generated.
The standard guardian evaluation program also features a scaling plan. Traders must achieve a profit target of 12% or more within three months, with at least two out of four months yielding profitable results. In recognition, traders receive an account increase equal to 30% of the original balance.
For instance:
- After 3 months: $200,000 account increases to $260,000.
- After next 3 months: $260,000 increases to $320,000.
- After next 3 months: $320,000 increases to $380,000.
- And so forth.
Trading instruments for these accounts encompass forex pairs, commodities, indices, and cryptocurrencies.
Rules for the standard guardian evaluation program account include:
- Profit targets of 8% and 4% in the respective evaluation phases.
- A 4% maximum daily loss for all account sizes.
- A 10% maximum loss for all account sizes.
- Minimum trading days of 5 for evaluation phases, with no requirements for funded accounts.
- Maximum trading days of 40 and 80 for the first and second phases, respectively.
Additionally, there are risks associated with third-party copy trading and third-party Expert Advisors, emphasizing potential denial of funded accounts or withdrawals if the maximum capital allocation rule is exceeded.
Unlimited Guardian Evaluation
Blue Guardian’s unlimited guardian evaluation program account is designed to identify experienced and disciplined traders who demonstrate consistent performance throughout a two-phase evaluation period. This account provides traders with the opportunity to trade with leverage of 1:100.
During evaluation phase one, traders are expected to achieve a profit target of 8% while adhering to the 4% maximum daily loss and 8% maximum loss rules. It is important to note that phase one offers an unlimited trading period and does not impose any minimum trading day requirements for progression to phase two.
In evaluation phase two, traders are required to reach a profit target of 4% while maintaining compliance with the 4% maximum daily loss and 8% maximum loss rules. Similar to phase one, phase two also offers an unlimited trading period and does not have any minimum trading day requirements for eligibility to obtain a funded account.
Upon successful completion of both evaluation phases, traders are granted a funded account without profit targets. The only conditions to be observed are the 4% maximum daily loss and 8% maximum loss rules. The first payout is scheduled for 14 calendar days after the trader initiates their first position in the funded account. The profit split for the funded account stands at 85% based on the profits generated.
The unlimited guardian evaluation program accounts also include a scaling plan. Traders are expected to achieve a profit target of 12% or more within a three-month period, with at least two out of the four months being profitable. Upon meeting these requirements, the trader will receive an account increase equal to 30% of the original account balance.
Example:
After 3 months: If you have a $200,000 account, your account balance will increase to $260,000.
After next 3 months: Balance of $260,000 increases to $320,000.
After next 3 months: Balance of $320,000 increases to $380,000.
And so on…
Trading instruments for the unlimited guardian evaluation program accounts are forex pairs, commodities, indices, and cryptocurrencies.
Unlimited Guardian evaluation program account rules
- The profit target represents a specific percentage of profit that traders must achieve in order to successfully complete an evaluation phase, withdraw profits, or scale their trading account. In Phase 1, the profit target is set at 8%, while Phase 2 requires a profit target of 4%. It is important to note that funded accounts do not have profit targets imposed on them.
- The maximum daily loss refers to the highest allowable loss that traders can incur within a single day before their account is considered in violation. Regardless of the account size, all traders have a uniform maximum daily loss limit of 4%.
- The maximum loss indicates the highest permissible overall loss that traders can experience before their account is deemed in violation. Similar to the maximum daily loss, all account sizes adhere to a maximum loss threshold of 8%.
- When considering the use of third-party copy trading services, it is essential to be aware that such services may already be utilized by other traders employing the exact same trading strategy. Engaging in third-party copy trading carries the potential risk of being denied a funded account or withdrawal if the maximum capital allocation rule is exceeded.
- Likewise, when utilizing a third-party EA (Expert Advisor), it is crucial to consider that other traders may already be utilizing the same EA and employing an identical trading strategy. Using a third-party EA carries the potential risk of being denied a funded account or withdrawal if the maximum capital allocation rule is surpassed.
What's makes it different from other prop firm?
Blue Guardian distinguishes itself from other prominent proprietary trading firms through the provision of two distinctive two-step funding programs, allowing traders to adhere to their preferred trading styles, including participation in news events, holding trades overnight, and engaging in weekend trading.
The standard guardian evaluation program at Blue Guardian adheres to a comprehensive two-phase structure, requiring traders to successfully navigate both phases for eligibility for payouts. Phase one mandates reaching an 8% profit target, followed by a 4% target in phase two. Blue Guardian, prioritizing prudent risk management, imposes a maximum daily loss limit of 4% and an overall loss limit of 10%. Additionally, traders must actively participate in a minimum of 5 days of trading in each phase before qualifying for funding. Importantly, the standard guardian evaluation program incorporates a scaling plan designed to support traders’ growth.
In contrast to other leading proprietary trading firms, Blue Guardian stands out by offering comparatively lower profit targets and minimal trading day requirements. This strategy facilitates a more effective engagement with the evaluation program while aligning with traders’ unique strategies and objectives.
Blue Guardian’s unlimited guardian evaluation program is a thorough two-phase evaluation initiative that mandates completion of both phases for payout qualification. Phase one requires traders to attain an 8% profit target, followed by a 4% target in phase two. The program is accompanied by risk management regulations, including a maximum daily loss of 4% and an overall loss limit of 8%. Notably, traders benefit from the flexibility of an unrestricted trading period and are exempt from any minimum trading day requirements during both evaluation phases. Additionally, the unlimited guardian evaluation program incorporates a scaling plan. Compared to other leading proprietary firms, Blue Guardian establishes relatively lower profit targets while eliminating both maximum and minimum trading day prerequisites.
Blue Guardian sets itself apart from other prominent proprietary firms by refraining from imposing restrictions on traders’ preferred trading styles. Traders enjoy the freedom to participate in trading activities during news events, retain positions overnight, and even trade over the weekends.
Is getting capital real?
When assessing proprietary trading firms that align with your forex trading style, it is imperative to evaluate the viability of their trading requirements. While a prop trading firm may propose a substantial percentage profit split for well-funded accounts, it is crucial to scrutinize whether they anticipate unrealistically high monthly gains alongside maintaining low maximum drawdown percentages, as such expectations may significantly constrain your probability of success.
The rationale behind the practicality of obtaining capital through standard guardian evaluation programs lies in their relatively modest profit targets (8% in phase one and 4% in phase two) combined with reasonable maximum loss parameters (4% maximum daily and 10% maximum loss).
In a similar vein, the feasibility of acquiring capital through unlimited guardian evaluation programs is rooted in their achievable profit targets (8% in phase one and 4% in phase two) and sensible maximum loss regulations (4% maximum daily and 8% maximum loss). Furthermore, these programs afford the flexibility of an unlimited maximum trading day period for completing both evaluation phases.
Taking these considerations into account, Blue Guardian emerges as a commendable choice for securing funding. Both phases of their two-step evaluation program outline realistic trading objectives and provide favorable conditions for receiving payouts.
Verification of payments Blue Guardian, established as a corporate entity in June 2019 and subsequently going public in September 2021, allows traders who successfully complete their two-phase evaluation process, attain a funded account, and generate profits to request withdrawals. It is pertinent to note that withdrawal requests can be submitted bi-weekly.
Evidence of payments, predominantly shared within the community, is accessible on Blue Guardian’s Telegram channel.
which broker they use?
Blue Guardian employs Eightcap and Purple Trading Seychelles as its designated brokers for trading activities.
Eightcap, headquartered in Melbourne, Australia, operates under the regulatory oversight of the Australian Securities and Investments Commission (ASIC). Established in 2009, Eightcap is committed to delivering exceptional financial services globally, with five offices ensuring compliance with regulations in diverse jurisdictions. This allows clients worldwide to participate in trading across various markets, including foreign exchange (FX), indices, commodities, and shares.
While additional information about Purple Trading Seychelles’ specific features and regulatory status is not provided, the broker aims to provide equitable business conditions and state-of-the-art technologies, striving to be collaborative partners with their clients.
Both brokers facilitate trading on Meta Trader 4 and MetaTrader 5 platforms.
Blue Guardian allows you to trade forex pairs with 1:100 leverage, commodities with 1:20 leverage, indices with 1:50 leverage, and cryptocurrencies with 1:2 leverage.
Education and support fro traders
Established in 2019, Blue Guardian was originally conceived as a provider of Forex signals and an educational institution. However, a strategic rebranding initiative in 2021 broadened the company’s scope to encompass proprietary firm evaluations, empowering traders from diverse backgrounds to secure funding.
While Blue Guardian does not maintain an official presence on ForexFactory, it has garnered noteworthy mentions in a separate forum thread titled “PROP FIRM HUB,” initiated by a user identified as Mastermind. Another thread on ForexFactory, titled “PROP FIRM ELITE” by PaulMF, features numerous mentions of Blue Guardian.
Despite the absence of a complimentary trial option, interested individuals can establish a demo account with associated brokers Eightcap or Purple Trading Seychelles to assess the trading conditions provided by Blue Guardian.
Although the lack of a free trial is a limitation, Blue Guardian offers a meticulously organized dashboard accessible to all clients. This comprehensive platform streamlines risk management by consolidating all pertinent statistical objectives in a single location, enhancing convenience and facilitating effective risk assessment.
For further assistance and access to additional information, Blue Guardian provides a Frequently Asked Questions (FAQ) page to address inquiries. To directly communicate with their support team, multiple options are available, including reaching out through social media channels or via email at support@blueguardian.com.
For those who prefer real-time interaction, Blue Guardian offers a live chat support feature on their website. It’s important to note that live chat support operates during business hours, specifically from Monday to Friday, between 10 AM and 6 PM GMT+1.
Trader's comment about it
Blue Guardian has garnered notable acclaim in reviews.
With a robust presence on Trustpilot, Blue Guardian has actively engaged with a diverse community, receiving positive feedback. Sporting an impressive rating of 4.8 out of 5 from 297 reviews, Blue Guardian has undergone substantial growth following rebranding efforts and the introduction of updates aimed at enhancing the community experience.
Commendations for Blue Guardian extend to their exceptional performance, with the community praising the team’s responsiveness and timely provision of comprehensive information to address client inquiries or uncertainties.
Furthermore, the community expresses admiration for Blue Guardian’s evaluation phase requirements, which are comparatively more attainable than those of other firms. This is particularly noteworthy when considering the minimal restrictions imposed on individual trading styles.
Social media stats
Blue Guardian can also be found on social media.
They have a:
- Instagram account with 9,476 followers, and
- Telegram account with 2,115 subscribers.
Conclusion
In summary, Blue Guardian stands as a distinguished proprietary trading firm, offering traders the option to select from two distinct two-step evaluation program accounts, all while refraining from imposing constraints on their preferred trading styles. Traders enjoy the autonomy to participate in trading activities amid news events, hold positions overnight, and engage in weekend trading.
The Standard Guardian evaluation programs adhere to established industry norms, encompassing a two-phase evaluation process essential for traders to secure funding and qualify for profit splits. Attaining profit targets of 8% in phase one and 4% in phase two is a prerequisite for funding eligibility. These targets are not only realistic but also achievable, especially in light of accompanying risk management protocols, including a maximum daily loss of 4% and a maximum loss limit of 10%. Furthermore, each evaluation phase mandates a minimum trading day requirement of five. Participation in the Standard Guardian evaluation programs affords traders the opportunity to secure profit splits of 85%, all while retaining the flexibility to scale their accounts.
Similarly, the Unlimited Guardian evaluation programs align with industry standards, encompassing a two-step evaluation process. Traders must meet profit targets of 8% in phase one and 4% in phase two to secure funding and qualify for profit splits. With risk management guidelines stipulating a maximum daily loss of 4% and a maximum loss limit of 8%, these trading objectives are both realistic and sensible. Importantly, there are no specific stipulations regarding the number of trading days in each evaluation phase. Successful completion of the Unlimited Guardian evaluation programs enables traders to earn profit splits of 85%, coupled with the option to scale their accounts.