Blue Guardian follows the principle that you require sufficient capital and a well-developed strategy to have an edge in the financial markets.
- Maximum balance of standard account up to $400,000
- Excellent Trustpilot rating of 4.8/5
- 85% profit split
- Leverage up to 100:1
- Unlimited evaluation free retries
- Scaling plan with balance up to $2,000,000
- Low evaluation profit targets 8% and 4%
- Overnight and weekend holding allowed
- News trading allowed
- Well-structured user dashboard
- A large variety of trading instruments (forex pairs, commodities, indices, cryptocurrencies)
- 5 Minimum trading day requirement
- No free trial
Traders at Blue Guardian are encouraged to succeed in their careers. The main priority that they expect from their clients is that they are disciplined individuals who properly manage risk and focus on long-term consistency. They allow them to earn high profits by managing account sizes up to $200,000 and taking home profit splits of 85%. They can achieve this by trading forex pairs, commodities, indices, and cryptocurrencies.
Who are Blue Guardian?
Blue Guardian is a proprietary trading firm incorporated in June 2019. They went public in September 2021 and started offering traders a chance to work with capital up to $2,000,000 in balance with 85% profit splits. They are partnered with Eightcap and Purple Trading Seychelles as their broker.
Their official name is Iconic Exchange Limited, t/a Blue Guardian.
Their headquarters are located at 2 Highlands Court, Cranmore Avenue, Solihull, West Midlands, England, B90 4LE.
Who is the CEO of Blue Guardian?
Sean Baiton is the CEO of Blue Guardian. He has years of trading expertise and experience in the field of prop firms. With a firsthand understanding of the proprietary trading firm industry, Sean offers an array of trading services, ranging from signal provision to the utilization of machine learning and quantitative analysis for the development of trading bots.
Guided by Sean’s leadership, Blue Guardian has crafted a robust strategy for both short and long-term goals. He plays a pivotal role in shaping and executing the company’s vision and mission, contributing significantly to its establishment and successful implementation.
Video Review
Funding program options
Blue Guardian offers its traders the following two funding program accounts to choose from:
- Standard Guardian Evaluation
- Unlimited Guardian Evaluation
Standard Guardian evaluation program accounts
Blue Guardian’s standard guardian evaluation program account aims to identify serious and talented traders who are rewarded for their consistency in the two-phase evaluation period. The standard guardian evaluation program account allows you to trade with 1:100 leverage.
| Account Size | Price |
|---|---|
| $10,000 | $97 |
| $25,000 | $197 |
| $50,000 | $307 |
| $100,000 | $517 |
| $200,000 | $997 |
Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 4% maximum daily loss or 10% maximum loss rules. You are required to hit your profit target in 40 calendar days from the day you place your first position on your evaluation account. You also have to trade for a minimum of 5 trading days in order to proceed to phase two.
Evaluation phase two requires a trader to reach a profit target of 4% while not surpassing their 4% maximum daily loss or 10% maximum loss rules. You are required to hit your profit target in 80 calendar days from the day you place your first position on your evaluation account. You also have to trade for a minimum of 5 trading days in order to proceed to a funded account.
By completing both evaluation phases, you are awarded a funded account where you have no profit targets. You are only required to respect the 4% maximum daily loss and 10% maximum loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account. Your profit split will be 85% based on the profit you make on your funded account.
Standard Guardian evaluation program account scaling plan
Standard guardian evaluation program accounts also have a scaling plan. You are required to reach a profit target of 12% or more within a three-month period where two out of the four months were profitable. You will receive an account increase of 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 standard guardian evaluation program accounts are forex pairs, commodities, indices, and cryptocurrencies.
Standard Guardian evaluation program account rules
- Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account. Phase 1 profit target is 8%, while phase 2 has a profit target of 4%. Funded accounts have no profit targets.
- Maximum daily loss is the maximum loss a trader can reach on a daily basis before the account is violated. All account sizes have a maximum daily loss of 4%.
- Maximum loss is the maximum loss a trader can reach overall before the account is violated. All account sizes have a maximum loss of 10%.
- Minimum trading days is the minimum period which you are required to trade for before you can complete an evaluation phase, or request a withdrawal. Both phases have a 5 minimum trading day requirement. However, on a funded account there are no minimum trading day requirements.
- Maximum trading days are the maximum period in which you are required to hit a specific profit target or withdrawal target. Phase 1 has a maximum of 40 trading days period while phase 2 has a maximum of 80 trading days period.
- Third-party copy trading risk means that if you intend to use copy trading services, you should keep in mind that by using a third-party copy trading service, there might be other traders that are already using it and therefore exactly the same trading strategy. By using a third-party copy trading service, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
- Third-party EA risk means that if you intend to use an EA, you should keep in mind that by using a third-party EA, there might be other traders that are already using it and therefore using exactly the same trading strategy. By using a third-party EA, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
Unlimited Guardian evaluation program accounts
Blue Guardian’s unlimited guardian evaluation program account aims to identify experienced and disciplined traders who are rewarded for their consistency in the two-phase evaluation period. The unlimited guardian evaluation program account allows you to trade with 1:100 leverage.
| Account Size | Price |
|---|---|
| $10,000 | $87 |
| $25,000 | $187 |
| $50,000 | $297 |
| $100,000 | $497 |
| $200,000 | $957 |
Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 4% maximum daily loss or 8% maximum loss rules. Note that you have an unlimited trading period in phase one while also having no minimum trading day requirements in order to become eligible to proceed to phase two.
Evaluation phase two requires a trader to reach a profit target of 4% while not surpassing their 4% maximum daily loss or 8% maximum loss rules. Note that you also have an unlimited trading period in phase two while having no minimum trading day requirements in order to become eligible for a funded account.
By completing both evaluation phases, you are awarded a funded account where you have no profit targets. You are only required to respect the 4% maximum daily loss and 8% maximum loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account. Your profit split will be 85% based on the profit you make on your funded account.
Unlimited Guardian evaluation program account scaling plan
Unlimited guardian evaluation program accounts also have a scaling plan. You are required to reach a profit target of 12% or more within a three-month period where two out of the four months were profitable. You will receive an account increase of 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
- Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account. Phase 1 profit target is 8%, while phase 2 has a profit target of 4%. Funded accounts have no profit targets.
- Maximum daily loss is the maximum loss a trader can reach on a daily basis before the account is violated. All account sizes have a maximum daily loss of 4%.
- Maximum loss is the maximum loss a trader can reach overall before the account is violated. All account sizes have a maximum loss of 8%.
- Third-party copy trading risk means that if you intend to use copy trading services, you should keep in mind that by using a third-party copy trading service, there might be other traders that are already using it and therefore exactly the same trading strategy. By using a third-party copy trading service, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
- Third-party EA risk means that if you intend to use an EA, you should keep in mind that by using a third-party EA, there might be other traders that are already using it and therefore using exactly the same trading strategy. By using a third-party EA, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
What makes Blue Guardian different from other prop firms?
Blue Guardian is different from most of the industry-leading prop firms due to offering two different two-step funding programs while also never regulating your trading style. You can trade during news, hold trades overnight, and during the weekends.
Blue Guardian’s standard guardian evaluation program is a two-phase evaluation program that requires traders to complete two phases before being eligible for payouts. The profit target is 8% in phase one and 4% in phase two with a 4% maximum daily and 10% maximum loss rules. You are also required to trade for a minimum of 5 days in each phase before becoming funded. Standard guardian evaluation programs also have a scaling plan. Compared to other industry-leading prop firms, they have relatively low profit targets and minimum trading day requirements.
Example of comparison between Blue Guardian & True Forex Funds
| Trading Objectives | Blue Guardian | True Forex Funds |
|---|---|---|
| Phase 1 profit target | 8% | 8% |
| Phase 2 profit target | 4% | 5% |
| Maximum daily loss | 4% | 5% |
| Maximum loss | 10% | 10% |
| Minimum trading days | 5 calendar days | 5 calendar days |
| Profit split | 85% | 80% |
Example of comparison between Blue Guardian & Funded Trading Plus
| Trading Objectives | Blue Guardian | Funded Trading Plus |
|---|---|---|
| Phase 1 profit target | 8% | 10% |
| Phase 2 profit target | 4% | 5% |
| Maximum daily loss | 4% | 5% |
| Maximum loss | 10% | 10% |
| Minimum trading days | 5 calendar days | No minimum trading days |
| Profit split | 85% | 80% up to 90% |
Example of comparison between Blue Guardian & E8 Funding
| Trading Objectives | Blue Guardian | E8 Funding |
|---|---|---|
| Phase 1 profit target | 8% | 8% |
| Phase 2 profit target | 4% | 5% |
| Maximum daily loss | 4% | 5% |
| Maximum loss | 10% | 8% (Scaleable up to 14%) |
| Minimum trading days | 5 calendar days | No minimum trading days |
| Profit split | 85% | 80% |
Blue Guardian’s unlimited guardian evaluation program is a two-phase evaluation program that requires traders to complete two phases before being eligible for payouts. The profit target is 8% in phase one and 4% in phase two, with a 4% maximum daily and 8% maximum loss rules. Note that you have an unlimited trading period while having no minimum trading day requirements in both evaluation phases before becoming funded. Unlimited guardian evaluation programs also have a scaling plan. Compared to other industry-leading prop firms, they have relatively low profit targets with no maximum or minimum trading day requirements.
Example of comparison between Blue Guardian & My Forex Funds
| Trading Objectives | Blue Guardian | My Forex Funds |
|---|---|---|
| Phase 1 profit target | 8% | 8% |
| Phase 2 profit target | 4% | 5% |
| Maximum daily loss | 4% | 5% |
| Maximum loss | 8% | 12% |
| Minimum trading days | No minimum trading days | 5 calendar days |
| Profit split | 85% | 75% up to 90% |
Example of comparison between Blue Guardian & FundedNext
| Trading Objectives | Blue Guardian | FundedNext (Stellar) |
|---|---|---|
| Phase 1 profit target | 8% | 8% |
| Phase 2 profit target | 4% | 5% |
| Maximum daily loss | 4% | 5% |
| Maximum loss | 8% | 10% |
| Minimum trading days | No minimum trading days | 5 calendar days |
| Profit split | 85% | 80% up to 90% |
Example of comparison between Blue Guardian & Finotive Funding
| Trading Objectives | Blue Guardian | Finotive Funding |
|---|---|---|
| Phase 1 profit target | 8% | 7.5% |
| Phase 2 profit target | 4% | 5% |
| Maximum daily loss | 4% | 5% |
| Maximum loss | 8% | 10% |
| Minimum trading days | No minimum trading days | No minimum trading days |
| Profit split | 85% | 75% up to 95% |
Blue Guardian is different from most of the industry-leading prop firms due to never regulating your trading style. You can trade during news, hold trades overnight, and during the weekends.
Is getting Blue Guardian capital realistic?
It’s essential to see how realistic the trading requirements are when looking at prop firms that best suit your forex trading style. For example, a company offering a high % profit split on a highly funded account sounds great, but if they expect high % gains per month with low % maximum drawdowns, your chances of success become close to zero.
Receiving capital from standard guardian evaluation programs is realistic mostly since they have relatively low profit targets (8% in phase one and 4% in phase two) with average maximum loss rules (4% maximum daily and 10% maximum loss).
Receiving capital from unlimited guardian evaluation programs is realistic mostly since they have relatively low profit targets (8% in phase one and 4% in phase two) with average maximum loss rules (4% maximum daily and 8% maximum loss). In addition, you also have an unlimited maximum trading day period in order to complete both evaluation phases.
After considering all of that, Blue Guardian is an excellent choice to get funded since both two-step evaluation program accounts that you can choose from have realistic trading objectives to follow and conditions to receive payouts.
Payment proof
Blue Guardian was incorporated in June 2019. However, they went public in September 2021. You can request a withdrawal from them after you pass their two-phase evaluation, receive your funded account, and make a profit on it. Note that withdrawals can be requested on a bi-weekly basis.
You can find payment proof mostly on their telegram channel, where most of their community shares it.
You can see an example in the two images below:
Which broker does Blue Guardian use?
Blue Guardian uses Eightcap and Purple Trading Seychelles as their broker.
Eightcap is an ASIC-regulated broker in Melbourne, Australia. They were founded in 2009 with a simple, straightforward mission to provide exceptional financial services to its clients. They have five offices around the globe and regulations in multiple locations providing clients worldwide with the ability to trade on markets across FX, indices, commodities, and shares.
Purple Trading Seychelles aims to offer fair business conditions, and state-of-the-art technologies and become equal partners to their clients.
As for trading platforms, they allow you to trade on Meta Trader 4 and MetaTrader 5.
Trading instruments
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.
| FOREX: | USDCHF | GBPUSD | EURUSD | EURJPY | USDCAD |
| AUDUSD | EURGBP | EURAUD | EURCHF | EURJPY | GBPCHF |
| CADJPY | GBPJPY | AUDNZD | AUDCAD | AUDCHF | AUDJPY |
| CHFJPY | EURNZD | EURCAD | CADCHF | NZDJPY | NZDUSD |
| GBPAUD | GBPCAD | GBPNZD | NZDCAD | NZDCHF | EURHUF |
| EURCZK | EURDKK | ERUHKD | EURNOK | EURPLN | EURSEK |
| EURTRY | EURZAR | GBPDKK | GBPNOK | GBPSEK | NOKSEK |
| USDCNH | USDCZK | USDDKK | USDHKD | USDHUF | USDILS |
| USDMXN | USDNOK | USDPLN | USDRUB | USDSEK | USDSGD |
| CADSGD | USDTRY | USDZAR | EURSGD |
| COMMODITIES: | XAUUSD | XAGUSD | XPTUSD | COPPER | NGAS |
| UKOil | USOil |
| INDICES: | US30 | SPX500 | DAX | US30 | UK100 |
| ESP35 | JPY225 | FRA40 | EUSTX50 | NAS100 |
| CRYPTO: | BTCUSD | XRPUSD | DASHUSD | EOSUSD | ETHUSD |
| IOTAUSD | LTCUSD | NEOUSD | OMGUSD | XMRUSD | BCHUSD |
| BNBUSD | BATUSD | ETCUSD | TRXUSD | XLMUSD | ZECUSD |
| DOGEUSD | SHBUSD1000 | ADAUSD | SOLUSD | DOTUSD | AVAUSD |
Trading fees
Trading commission:
| Assets | Fee Terms |
|---|---|
| FOREX | 6 USD / LOT |
| COMMODITIES | 6 USD / LOT |
| INDICES | 6 USD / LOT |
| CRYPTO | 6 USD / LOT |
Spread:
In order to check the live spreads login to the trading account below:
| Platform | Server | Login Number | Password | Download Platform |
|---|---|---|---|---|
| MetaTrader 4 | EightcapLtd-Demo3 | 2145708153 | yrm8cg4ju5 | Click here |
Education & Support for traders
Blue Guardian was incorporated in 2019 and was initially designed to be a Forex Signal provider and an educational institution. However, this changed in 2021 when they decided to rebrand and introduce their prop firm evaluations to allow all traders to become funded.
While Blue Guardian doesn’t have their thread on ForexFactory, they have been mentioned numerous times in another thread named ‘’PROP FIRM HUB’’ made by a user named Masterrmind.
To see the mentioned thread click here.
Another thread can be found on ForexFactory named ‘’PROP FIRM ELITE’’ made by PaulMF, where Blue Guardian also gets mentioned numerous times.
To see the mentioned thread click here.
Unfortunately, Blue Guardian doesn’t offer a free trial, but you can open a demo account with their broker Eightcap or Purple Trading Seychelles and test the trading conditions through the brokerage.
However, despite not having a free trial, they do provide a well-structured dashboard that all of their clients can access, making it easier to manage risk with all the objectives of their statistics being available in one place.
Traders’ Comments about Blue Guardian
Blue Guardian has excellent feedback from reviews.
On Trustpilot, they have a large variety of their community commenting and giving positive feedback, with an excellent score of 4.8/5 out of 297 reviews. Blue Guardian has grown incredibly after their rebranding and the new updates that they have introduced to its community.
Blue Guardian has positive comments about themselves. Their community praises the whole team’s responsiveness and the prompt information they provide when something seems unclear to any of their clients.
Another positive feature their community is impressed with is the evaluation phase requirements compared to other firms. They are much easier to achieve, especially if you add the fact that you have almost no restrictions on your trading style.
Social media statistics
Blue Guardian can also be found on social media.
They have a:
Support
Blue Guardian has a FAQ page where you might find the missing information.
The support team is available on their social media, or you can directly contact them at their email at support@blueguardian.com.
Their live chat support team on their website is available during business hours from Monday – Friday: 10 AM – 6 PM GMT+1.
Conclusion
In conclusion, Blue Guardian is a legitimate proprietary trading firm that offers traders a chance to choose between two different two-step evaluation program accounts while also never regulating your trading style. For example, you can trade during news, hold trades overnight, and during the weekends.
Standard guardian evaluation programs are an industry-standard two-phase evaluation challenge that requires the completion of two phases before becoming funded and being eligible to earn profit splits. Blue Guardian requires traders to reach profit targets of 8% in phase one and 4% in phase two before becoming funded which are realistic trading objectives considering you have a 4% maximum daily and 10% maximum loss rules to follow. Note that you also have a five minimum trading day requirement in each evaluation phase. With standard guardian evaluation programs, you can earn 85% profit splits while also being able to scale your accounts.
Unlimited guardian evaluation programs, on the other hand, are also an industry-standard two-phase evaluation challenge that requires the completion of two phases before becoming funded and being eligible to earn profit splits. Blue Guardian requires traders to reach profit targets of 8% in phase one and 4% in phase two before becoming funded which are realistic trading objectives considering you have a 4% maximum daily and 8% maximum loss rules to follow. Note that you have no maximum or minimum trading day requirements during each evaluation phase. With unlimited guardian evaluation programs, you can earn 85% profit splits while also being able to scale your accounts.
I would recommend Blue Guardian to anyone who is looking for a prop firm with straightforward trading rules and who has developed a consistent trading strategy. They are a well-established prop firm that offers excellent conditions for a big pool of individuals with unique trading styles. After considering everything Blue Guardian has to offer, they are for sure one of the better proprietary trading firms in the industry.
This review about Blue Guardian was lastly updated on 08.06.2023 at 09:37 (CE(S)T).
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Blue Guardian (10% discount code: forexpropreviews) Details
Trading platform
