Frequently Asked Questions

If you have any unanswered questions simply email support@blueguardian.com and we'll aim to reply within 24 hours.

How do I become funded by Blue Guardian?

In order to trade a funded account all traders are required to pass our Evaluation process. Simply select your preferred account size and sign-up for the Evaluation. After completing the Evaluation process, you will be offered a funded account.

What account size available?

We offer 4 account sizes: 10k, 25K, 50K, 100K and 200K. The account size is the amount of available balance to trade on the account. Your will be trading the same account balance throughout the whole process.

How many accounts can I trade?

You can purchase and trade multiple Evaluations at the same time. We allow you to merge funded accounts up to a maximum of 400k.

Our scaling plan allows you to grow your account to $2,000,000.

How much experience do I need before I apply?

There is no specific timeframe to become a successful trader. We understand the importance of theoretical knowledge, but it is equally beneficial to put your expertise into practice. Trading professionally is a continuous learning career since the market is always evolving. If you are confident with your strategy and consistent with your results, we encourage you to apply.

Can I have a free retry?

We have unlimited time to complete the evaluation therefore we do not offer retries.

I have passed the Evaluation Program, what is next?

Once completing phase 2 objectives you can complete the KYC and sign the contract in your dashboard. Once completed the process can take up to 48 hours to receive funded credentials.

You will be notified by email once you pass each stage and automatically sent your new credentials.

How do payouts work?

A trader is eligible for a payout 14 days from their first trade on the funded account and then again becomes eligible 14 days after the first trade after withdrawing.To be eligible for a payout on funded accounts, your account balance must be above initial account balance and no violations recorded. All of the trader’s positions must be flat (no open trades and no open orders) to receive a payout.

The payouts are processed within 1-2 business days. All Funded Traders can request payouts through their dashboard. Withdrawals are made through Riseworks.io which allow you to withdraw to Bank and Crypto. We also allow payments under $1000 to be withdrawn to crypto.

Minimum funded account withdrawal is $100. Minimum affiliate withdrawal is $30.

What is the legal relationship with Blue Guardian and a Funded Trader?

The relationship between a Funded Trader and Blue Guardian is based on the Contract Agreement that we will send you for signing after you complete the Evaluation process. The Blue Guardian Trader Agreement is a legally binding document.

What happens if I violate a rule or the trading parameters?

If an account violates the rules or trading parameters on the Evaluation the account will become no longer eligible for the funded account. If your account breaches the rules or trading parameters on the funded account your account will be closed, and the Trader Agreement will be terminated.

Please be advised that some violations are not automatically identified and will only be verified by our risk team when an account review is conducted.

Do you have a Traders Dashboard?

Yes, you can view all your trading objectives by logging in here.

Are there any countries we cannot trade from?

Restricted countries from using are services include:
- Cuba
- Iran
- North Korea
- Syria
- Pakistan
- Vietnam
- Kenya
- Myanmar

What is the Profit Split?

The profit split a trader receives is 85%.

Is there a breach for inactivity?

We require you to place at least one trade every 30 days. If this is not done we will consider your account inactive and a breach of your account will occur.

This rule begins from account creation.

What is an Evaluation?

The Evaluation is a two-step process where you are required to trade on a demo account. We offer 2 evaluations, Unlimited and Elite.

When does the Evaluation start?

Your Evaluation starts from the moment you place your first trade on your account.

Make sure to read our inactivity rule.

Is there a free trial?

No, we do not offer free trials.

Do I have to pay for my loss?

No. We are responsible for the funding and liable for the losses in your trading account. Our traders will not be charged as a result of losing capital.

Is the Evaluation Fee refundable?

The Evaluation fee you paid for the account you completed is fully refundable when you receive your first payout. If you fail your evaluation before reaching your first payout it is not refundable.

Do you have a scaling plan?

Yes, we have a scaling plan. With our scaling plan you can grow your account to a maximum of $2,000,000.

In order to scale your capital and grow, you must make 12% within a 3 month period. If you achieve this, we will increase your account size by 30% of your initial balance.

Can I leave profits in my account?

Yes, you can leave you profits in your account although your drawdown limits will remain based off your initial balance. You can withdraw your profits anytime after your payout day.

What is the maximum capital I am allowed?

We allow up to 400k in Unlimited or Elite Funded Accounts and 400k in Rapid Funded Accounts.

The same challenge types can be merged up to 400k. We cannot cross merge different challenge types. E.g we cannot merge a 200k Unlimited Guardian and 200k Elite Guardian. The balance of the funded accounts must both be at breakeven in order to merge.

We allow you to scale up to $2,000,000 with our scaling plan.

What payment methods are available?

You can pay for the evaluation via debit/credit card through Stripe. We also accept cryptocurrency through the Coinbase platform.

When do I receive my certificate for passing and payouts?

You can download all of your certificates directly via our dashboard.

What is the Guardian Protector?

The Guardian Protector is a built-in equity protector. It helps protect the equity and manages the risk. If enabled, once your daily loss (open+closed trades) reaches your set % loss or set $ amount, all open trades are closed and you can block any trading from being done to ensure the daily loss limit is not breached.

Am I trading with real money?

Blue Guardian Funded Traders' funded accounts (referred to as "Funded Accounts") should not be considered live trading accounts. These Funded Accounts exist solely in a simulated environment, utilizing real market quotes sourced from liquidity providers.

All accounts provided by Blue Guardian are demo accounts with virtual funds.

Minimum and Maximum trading days?

We have 0 minimum trading daysunlimited max days. Therefore, you can pass both phases in as little or as much time as you want.

Are EAs & Trade Copiers allowed?

EAs are allowed. You may use EAs (Expert Advisors) that you setup to suit your own strategy or trading style.

Trade Copiers are allowed.

What is Profit Target?

Profit Target is the trading objective. If profit target is reached after all positions are closed, you are offered a funded account.

Phase 1
:
Reach 8% profit target without violating any rules and trading parameters.

Phase 2:

Reach 4% profit target without violating any rules and trading parameters.

What is Maximum Total Loss?

The maximum total loss allowed in your account is 8%.

Example using a $100,000 account:
Max total loss is 8% of your initial balance = $8,000. Your account equity including unrealized/floating positions must not hit/exceed below $92,000.

Is there a max lot limit?

No, we do not monitor the amount of lots you place.

Other Rules

Cheating Is Prohibited
Of course, any trading styles that are deemed as "cheating" are not permitted and will result in a violation of our Terms of Service. For this reason, it is against our rules to take advantage of strategies that generate risk-free, consistent profits only on demo accounts. Our Funded Traders are expected to be trading on their accounts as if they are live accounts. Any use of a strategy that takes advantage of demo accounts will result in the closure of a Funded Trader’s account, whether in the evaluation phase or while funded.

Account Inactivity

We require you to place at least one trade every 30 days. If this is not done we will consider your account inactive and a breach of your account will occur.

Example Strategies That Violate Our Rules
- Use of platform or data freezing due to a Demo Server error.
- Use of a delayed data feed
- Trading on delayed charts
- Tick scalping, high frequency trading, arbitrage bots
– Reverse arbitrage
– Latency arbitrage
– Hedge arbitrage or any emulators are prohibited.

These are the most common strategies that we have seen people use to take advantage of demo accounts, though this list does not represent all possible strategies that would go against our trading rules. If any account is seen to be using unfair strategies or an unrealistic trading style, they will not be eligible to be funded.

It's imperative for traders to remain vigilant of market dynamics, particularly during news events, as fluctuations can lead to slippage and account synchronization delays. Consequently, this may yield varied outcomes, making it impossible for us to ensure profits during such volatile periods on funded accounts.

Changing of Password
The exact password has to be used which was sent by us via email to access the platform. Changing passwords is not allowed.

Can I hold overnight & trade over weekends?

We have no restrictions on holding trades over night or the weekend.

We allow the trading of cryptocurrencies over the weekends only on MatchTrader and DxTrade. Ctrader we restrict weekend crypto trading.

Is News Trading allowed?

We allow news trading on challenge accounts.

However, we do not allow news trading on Funded accounts. For trades executed on your FUNDED ACCOUNT, please refrain from Opening/Closing trades 2.5 minutes before and 2.5 minutes after red folder (high-impact) news events. Any profits earned during this time will be subject to removal, without any account violation.

Is copy trading allowed?

We give traders the opportunity to manage multiple accounts.
Copy trading is allowed at our client’s disposal and only from personal accounts that are legally bound to the account holder.

What we allow:
- Copy trading between Blue Guardian accounts;
- Copy trading from Funded-, to Evaluation accounts and vice versa;
- Copy trading between Blue Guardian account and external accounts.

What is the Maximum Daily Loss?

Max daily loss is based on 4% of the Initial account balance.
We calculate daily drawdown as follows: Upon the 5pm Est day change, we will take the higher figure of either the account balance or account equity and subtract a fixed 4% of the initial balance from the higher value as the daily loss limit for the new day.

Example 1:
On a 100K Account, if at 5pm EST you have an open trade with a floating profit of $2,000, your account equity will be 102K. With a 4% daily drawdown, the equity cannot drop below $98,000 ($102,000 - $4,000 = $98,000) on the next trading day.

Example 2:
If on a 100K Account at 5pm EST you have an open trade with a floating loss of -$2,000, your account equity will be $98,000. Because your $100K balance is higher than your $98,000 equity, your daily drawdown limit of $4,000 will be calculated on a $100K balance. This means for the next trading day, the equity cannot drop below $96,000 ($100,000 - $4000 = $96,000).

Example 3:
If there are no open trades at 5pm EST, the daily drawdown will be 4% of whatever the closed balance is.

Do you allow Hedging, Martingale and No Stop Loss?

- Hedging is allowed.
- Martingale is allowed.
- Stop Loss is not required.

Do you have a consistency/hidden rule?

No, we do not have any consistency rule or and hidden rules.

Minimum and Maximum trading days?

We have 0 minimum trading daysunlimited max days. Therefore, you can pass both phases in as little or as much time as you want.

Are EAs & Trade Copiers allowed?

EAs are allowed. You may use EAs (Expert Advisors) that you setup to suit your own strategy or trading style.

Trade Copiers are allowed.

What is Profit Target?

Profit Target is the trading objective. If profit target is reached after all positions are closed, you are offered a funded account.

Phase 1
:
Reach 10% profit target without violating any rules and trading parameters.

Phase 2:
Reach 4% profit target without violating any rules and trading parameters.

What is Maximum Total Loss?

The maximum total loss allowed in your account is 10%.

Example using a $100,000 account:
Max total loss is 10% of your initial balance = $10,000. Your account equity including unrealized/floating positions must not hit/exceed below $90,000.

Is there a max lot limit?

No, we do not monitor the amount of lots you place.

Other Rules

Cheating Is Prohibited
Of course, any trading styles that are deemed as "cheating" are not permitted and will result in a violation of our Terms of Service. For this reason, it is against our rules to take advantage of strategies that generate risk-free, consistent profits only on demo accounts. Our Funded Traders are expected to be trading on their accounts as if they are live accounts. Any use of a strategy that takes advantage of demo accounts will result in the closure of a Funded Trader’s account, whether in the evaluation phase or while funded.

Account Inactivity

We require you to place at least one trade every 30 days. If this is not done we will consider your account inactive and a breach of your account will occur.

Example Strategies That Violate Our Rules
- Use of platform or data freezing due to a Demo Server error.
- Use of a delayed data feed
- Trading on delayed charts
- Tick scalping, high frequency trading, arbitrage bots
– Reverse arbitrage
– Latency arbitrage
– Hedge arbitrage or any emulators are prohibited.

These are the most common strategies that we have seen people use to take advantage of demo accounts, though this list does not represent all possible strategies that would go against our trading rules. If any account is seen to be using unfair strategies or an unrealistic trading style, they will not be eligible to be funded.

It's imperative for traders to remain vigilant of market dynamics, particularly during news events, as fluctuations can lead to slippage and account synchronization delays. Consequently, this may yield varied outcomes, making it impossible for us to ensure profits during such volatile periods on funded accounts.

Changing of Password
The exact password has to be used which was sent by us via email to access the platform. Changing passwords is not allowed.

Can I hold overnight & trade over weekends?

We have no restrictions on holding trades over night or the weekend.

We allow the trading of cryptocurrencies over the weekends only on MatchTrader and DxTrade. Ctrader we restrict weekend crypto trading.

Is News Trading allowed?

We allow news trading on challenge accounts.

However, we do not allow news trading on Funded accounts. For trades executed on your FUNDED ACCOUNT, please refrain from Opening/Closing trades 2.5 minutes before and 2.5 minutes after red folder (high-impact) news events. Any profits earned during this time will be subject to removal, without any account violation.

Is copy trading allowed?

We give traders the opportunity to manage multiple accounts.
Copy trading is allowed at our client’s disposal and only from personal accounts that are legally bound to the account holder.

What we allow:
- Copy trading between Blue Guardian accounts;
- Copy trading from Funded-, to Evaluation accounts and vice versa;
- Copy trading between Blue Guardian account and external accounts.

What is the Maximum Daily Loss?

Max daily loss is based on 4% of the Initial account balance.
We calculate daily drawdown as follows: Upon the 5pm Est day change, we will take the higher figure of either the account balance or account equity and subtract a fixed 4% of the initial balance from the higher value as the daily loss limit for the new day.

Example 1:
On a 100K Account, if at 5pm EST you have an open trade with a floating profit of $2,000, your account equity will be 102K. With a 4% daily drawdown, the equity cannot drop below $98,000 ($102,000 - $4,000 = $98,000) on the next trading day.

Example 2:
If on a 100K Account at 5pm EST you have an open trade with a floating loss of -$2,000, your account equity will be $98,000. Because your $100K balance is higher than your $98,000 equity, your daily drawdown limit of $4,000 will be calculated on a $100K balance. This means for the next trading day, the equity cannot drop below $96,000 ($100,000 - $4000 = $96,000).

Example 3:
If there are no open trades at 5pm EST, the daily drawdown will be 4% of whatever the closed balance is.

Do you allow Hedging, Martingale and No Stop Loss?

- Hedging is allowed.
- Martingale is allowed.
- Stop Loss is not required.

Do you have a consistency/hidden rule?

No, we do not have any consistency rule or and hidden rules.

Minimum and Maximum trading days?

We have 0 minimum trading daysunlimited max days. Therefore, you can pass in as little or as much time as you want.

Are EAs & Trade Copiers allowed?

EAs are allowed. You may use EAs (Expert Advisors) that you setup to suit your own strategy or trading style.

Trade Copiers are allowed.

What is Profit Target?

Profit Target is the trading objective. If profit target is reached after all positions are closed, you are offered a funded account.

Reach 10% profit target without violating any rules and trading parameters.

Is the Drawdown trailing or static?

The drawdown for the 1-step evaluation is trailing and the drawdown for 2-phase evaluations is static.

How does drawdown affect payouts?


Example 1:
You start out with a 100k account. Your Daily drawdown is 4% and your Max Trailing is 6%. Your Daily drawdown level is $96,000 and your Max trailing is $94,000. Let's say you make $8,000 profit. You request a withdrawal of $6,000. Being that your account achieved 6% your Max Drawdown is locked in at $100,000. This now leaves you with only 2% for Max drawdown.

Example 2: You start out with a 100k account. Your Daily drawdown is 4% and your Max Trailing is 6%. Your Daily drawdown level is $96,000 and your Max trailing is $94,000. Let's say you make $15,000 profit. You request a withdrawal of $8,000. Being that your account achieved 6% your Max Drawdown is locked in at $100,000. You now have a buffer of $7.000 till Max drawdown at $100,000.

Example 3: You start out with a 100k account. Your Daily drawdown is 4% and your Max Trailing is 6%. Your Daily drawdown level is $96,000 and your Max trailing is $94,000. Let's say you make $6,000 profit. The max you can withdraw is $5,000 because of the 1% fixed buffer. After withdrawing your balance is now $101,000 and your max drawdown is locked in at $100,000.

How does the Max Drawdown work?

Max drawdown will remain at 6% trailing of your Highest Watermark Closing Trade made. If your account reaches 6% of your starting balance your trailing Drawdown will lock in at your starting balance.

Once your Drawdown is locked in at your starting balance we add a fixed 1% buffer on the account. This way you cannot withdraw all the profit and breach your account.

Example 1: You have a 100k account. Your Daily drawdown is a fixed 4% and your Max Trailing is 6%. Your Daily drawdown level is $96,000 and your Max trailing is $94,000. If you make $8,000 profit, once your account has made over 6% of the starting balance your Trailing now locks in at $100,000. It no longer trails. Drawdown includes profits and losses from closed positions, swap fees and commissions

Example 2: You start out with a 100k account. Your Daily drawdown is 4% and your Max Trailing is 6%. Your Daily drawdown level is $96,000 and your Max Trailing is $94,000. Lets say you make $5,000 profit. This puts your account at $105,000. The next day your Daily drawdown will be $105,000- $4000 = $101,000. Your Max trailing drawdown is $105,000-$6,000 = $99,000. Your new Max trailing drawdown is $99,000 because it trails from your highest recorded balance which was $105,000.

Daily drawdown will reset each Day at 5PM EST. Max Trailing will always be from Highest recorded balance unless you achieve 6% from your starting balance.

Is there a max lot limit?

No, we do not monitor the amount of lots you place.

Other Rules

Cheating Is Prohibited
Of course, any trading styles that are deemed as "cheating" are not permitted and will result in a violation of our Terms of Service. For this reason, it is against our rules to take advantage of strategies that generate risk-free, consistent profits only on demo accounts. Our Funded Traders are expected to be trading on their accounts as if they are live accounts. Any use of a strategy that takes advantage of demo accounts will result in the closure of a Funded Trader’s account, whether in the evaluation phase or while funded.

Account Inactivity

We require you to place at least one trade every 30 days. If this is not done we will consider your account inactive and a breach of your account will occur.

Example Strategies That Violate Our Rules
- Use of platform or data freezing due to a Demo Server error.
- Use of a delayed data feed
- Trading on delayed charts
- Tick scalping, high frequency trading, arbitrage bots
– Reverse arbitrage
– Latency arbitrage
– Hedge arbitrage or any emulators are prohibited.

These are the most common strategies that we have seen people use to take advantage of demo accounts, though this list does not represent all possible strategies that would go against our trading rules. If any account is seen to be using unfair strategies or an unrealistic trading style, they will not be eligible to be funded.

It's imperative for traders to remain vigilant of market dynamics, particularly during news events, as fluctuations can lead to slippage and account synchronization delays. Consequently, this may yield varied outcomes, making it impossible for us to ensure profits during such volatile periods on funded accounts.

Changing of Password
The exact password has to be used which was sent by us via email to access the MetaTrader platform. Changing passwords is not allowed.

Can I hold overnight & trade over weekends?

We have no restrictions on holding trades over night or the weekend.

We allow the trading of cryptocurrencies over the weekends only on MatchTrader and DxTrade. Ctrader we restrict weekend crypto trading.

Is News Trading allowed?

We allow news trading on challenge accounts.

However, we do not allow news trading on Funded accounts. For trades executed on your FUNDED ACCOUNT, please refrain from Opening/Closing trades 2.5 minutes before and 2.5 minutes after red folder (high-impact) news events. Any profits earned during this time will be subject to removal, without any account violation.

Is copy trading allowed?

We give traders the opportunity to manage multiple accounts.
Copy trading is allowed at our client’s disposal and only from personal accounts that are legally bound to the account holder.

What we allow:
- Copy trading between Blue Guardian accounts;
- Copy trading from Funded, to Evaluation accounts and vice versa;
- Copy trading between Blue Guardian account and external accounts.

What is the Maximum Daily Loss?

Max daily loss is based on 4% of the Initial account balance.
We calculate daily drawdown as follows: Upon the 5pm Est day change, we will take the higher figure of either the account balance or account equity and subtract a fixed 4% of the initial balance from the higher value as the daily loss limit for the new day.

Example 1:
On a 100K Account, if at 5pm EST you have an open trade with a floating profit of $2,000, your account equity will be 102K. With a 4% daily drawdown, the equity cannot drop below $98,000 ($102,000 - $4,000 = $98,000) on the next trading day.

Example 2:
If on a 100K Account at 5pm EST you have an open trade with a floating loss of -$2,000, your account equity will be $98,000. Because your $100K balance is higher than your $98,000 equity, your daily drawdown limit of $4,000 will be calculated on a $100K balance. This means for the next trading day, the equity cannot drop below $96,000 ($100,000 - $4000 = $96,000).

Example 3:
If there are no open trades at 5pm EST, the daily drawdown will be 4% of whatever the closed balance is.

Do you allow Hedging, Martingale and No Stop Loss?

- Hedging is allowed.
- Martingale is allowed.
- Stop Loss is not required.

Do you have a consistency/hidden rule?

No, we do not have any consistency rule or and hidden rules.

Do you have a withdrawal buffer?

We have a 1% withdrawal buffer that is initiated once you make 6% profit and the trailing dd locks in at breakeven.

We have this in place so that you are protected and do not withdraw you whole allowed drawdown and breach the account.

What instruments can I trade?

You can trade FX, FX Exotics, Indices, Gold & Commodities, Cryptos.

What are your Spreads & Commissions?

Our accounts have Raw spreads.

MatchTrader : FX & Commodities have a commission charge of $5 per lot, crypto and Indices $0.
DxTrade : FX & Commodities have a commission charge of $7 per lot, crypto and Indices $0.
Ctrader : FX & Commodities have a commission charge of $5 per lot, crypto and Indices $0.

When is the daily max limit reset time?

The max daily limit resets at 5pm EST.

What leverage do you offer?

Unlimited
- Fx : 1:100
- Indices : 1:20
- Commodities : 1:20
- Crypto : 1:2

Elite
- Fx : 1:50
- Indices : 1:20
- Commodities : 1:20
- Crypto : 1:2

Rapid
- Fx : 1:100
- Indices : 1:20
- Commodities : 1:20
- Crypto : 1:2

What is the Platform?

We offer MatchTrader, DxTrader & Ctrader.

Ctrader : Prop Platforms – Purple Trading (purple-trading.sc)
DxTrade : GooeyTrade
MatchTrader : Blue Guardian Trading Platform

Can I change Platform?

Blue Guardian offers flexibility!

We allow platform changes for evaluation accounts with clear trading history. Ongoing evaluation accounts first have to pass the trading objectives and a new trading platform can be requested for the next phase. Changing the platform is not possible if trades are placed on the account.

Request a platform change with the account number through support@blueguardian.com.

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