Blue Guardian
OVERVIEW
Based in the United Arab Emirates and having operated for 2 years, Blue Guardian is led by CEO Sean Bainton. By offering both MT4 and MT5 platforms, the firm provides traders with industry-standard tools that are well-regarded for their functionality, range of available indicators and expert advisors. The firm’s partnerships with brokers like EightCap and Purple Trading Seychelles suggest a commitment to providing its traders with access to reputable liquidity providers. With account sizes ranging from $10,000 to $200,000, Blue Guardian caters to both emerging traders and those seeking to manage more substantial capital. Offering both a one-step and a two-step evaluation process with profit targets of 10% for one-step and 8% for Phase 1 of the two-step evaluation, allows traders to choose the path that best aligns with their trading style. The maximum total drawdown ranging from 6% to 10% enforces disciplined risk management. The inclusion of a wide range of instruments, including FX, exotics, indices, commodities, and cryptos, provides ample opportunity for traders to diversify their strategies. Additionally, the firm offers leverage of 1:100 on forex for the Unlimited package and 1:50 for the Elite package.
Unlimited:
Elite:
Blue Guardian introduces a trading program beginning with account options starting from $25,000 and its scaling plan allows traders to expand their account size up to a substantial $2,000,000. This program is structured in distinct evaluation stages. During the initial phase, traders are expected to aim for a 10% profit, while keeping their losses within a 6% margin of the starting balance. A crucial aspect of this phase is the daily loss limit, firmly pegged at 4% of the initial account value. Scaling in this program hinges on achieving a 12% return on investment within a span of four months, a period during which at least two of the months should be marked by profitability. Successful attainment of these milestones qualifies the trader for an enhanced account, boosted by an additional 30% of the original balance. The program is designed with flexible pay-out options. Traders can request their first pay-out just two weeks after initiating their first trade, with subsequent withdrawals available every fortnight. However, a minimum profit threshold of 4% must be met before any withdrawal requests can be made.