Hello, my dear friend!
Today, I am excited to take you on a journey through the Blue Guardian Capital Review.
This company claims to be the key to unlocking your trading potential in the forex market by providing funding capital.
The process seems straightforward – all you need to do is demonstrate your trading skills and experience to qualify for their funding programs.
However, before you dive in, it’s essential to understand the reality behind these claims.
In this review, I’ll provide you with a comprehensive breakdown of everything you need to know about the prop firm.
And in the end, you’ll have a clearer picture of the program’s authenticity and whether it aligns with your financial goals.
So, let’s get started!
Summary Of Blue Guardian Capital Review
Product Name: Blue Guardian Capital
Product Type: Proprietary Firm
Evaluation Fee: Starts from $87 which depends on the account size you choose.
Product Founder: Sean Bainton and Eric Gairns
Official Site: https://www.blueguardian.com/
Overall Rating: 7/10
My Recommendation: Yes, but not for everyone.
Related Prop Firm: RebelsFunding
Blue Guardian Capital Review – Overview
At The Blue Guardian Platform, traders with experience and skills get the opportunity to maximize their talent in the forex market.
This is managed through the funding program offered in the platform.
In their effort to fund traders, the prop firm’s expert team understands that the financial capital requires enough capital to run.
However, getting sufficient capital to run your trade in the financial market becomes a challenge to most traders.
This limits such traders from realizing their trading potential and achieving their financial freedom.
The goal of the company is to provide credit and let smart traders use the capital to trade.
On the other hand, the expert team of the prop firm were originally forex traders and have outstanding experience in trading.
For this reason, they are ready to support their traders in their trading process to ensure they get the best of their trades.
This sets you free to ask any question from the support team and get answered with the most appropriate feedback.
Pros Of Blue Guardian Capital
- The excellent profit share of up to 85%.
- Realistic profit targets of only 85 and 4%.
- Allows traders to hold or trade overnights and during weekends.
- Provides traders with risk management tools such as guardian protectors.
- Offers a bi-weekly payout to traders with funded accounts.
- Allows trading on expert advisors and trade copiers.
- Allows you to trade news and copy trading for trades that own multiple accounts
- The registration fee is refundable.
Cons Of Blue Guardian Capital
- Doesn’t offer a free trial
- Doesn’t allow changing passwords in trading accounts.
Blue Guardian 2023 Rebrand Video
Who Should Sign Up With Blue Guardian Capital?
The Blue Guardian Prop Firm targets to partner with dedicated and experienced traders by offering them capital to trade.
Its main aim is to partner with traders that have high skills level and can showcase their trading abilities.
For this reason, you must be confident in your trading and exercise more courage for you to join this platform.
In addition, you must be able to have a consistently profitable trade.
What Is The Blue Guardian Capital?
This is a prop firm that offers traders an opportunity to succeed in the forex market.
The funding programs include the unlimited guardian and the elite guardian.
The prop firm was launched by two experienced forex traders namely Sean Bainton, and Eric Gairns.
The prop firm has a positive reputation with an excellent rating in the Trustpilot.
Through their funding programs, the prop firm allows you to choose your preferred account balance.
In their trading journey, you will have to pass through two-step verifications for you to get to a funded account.
How Does Blue Guardian Capital Work?
The Blue Guardian Capital offers traders an opportunity to trade in the forex market using their funding programs.
There are two types of funding programs available in the platform which include the Unlimited Guardian and the Elite Guardian.
By choosing one of these funded programs, you will get the opportunity to select your preferred account size from which you will receive funds.
Upon getting funded, you will start trading with the company capital in the forex market and get up to 85% of the profits you make.
The company only takes the remaining profit share of 15% as compensation for funding your account.
As you consistently continue trading while making profits, you will also stand a chance to qualify for the scaling plan.
The scaling plan will help you rapidly grow your account and maximize your earnings to achieve your financial goals.
But before you start trading with the company capital in the funded account, you must first pass through their two-step evaluation process:
Evaluation Process
The Blue Guardian Capital program first wants to confirm that you are consistently profitable in your trades before you get funded.
For this reason, the prop firm uses the evaluation process to test your skills and experience in trading for you to qualify for their funding.
In the evaluation process, there are trading objectives that you must meet for you to prove that you are a disciplined and experienced trader.
Upon finishing your evaluation process, you will be eligible to receive funding from the platform to start trading with real money.
For both the unlimited guardian program and the elite guardian program, the evaluation process consists of two phases.
Funding Programs
The two funding programs have similar account balances with up to five account sizes which include:
- $10,000 account.
- $25,000 account.
- $50,000 account.
- $100,000 account.
- $200,000 account.
Once you decide on the funding program that suits you best, the next step is to select the account size with which you’ll begin your trading journey.
There are two phases of the evaluation process in this program that will enable you to get to a funded account:
- Phase One
This is the first phase that introduces you to your trading journey with your funding program in the Blue Guardian Capital platform.
In this phase, you need to showcase your trading abilities and succeed to enable you to move to the next phase.
This includes proving your trading skills and also showcasing your trading objectives that will enable you to have consistently profitable trading.
- Phase Two
This is the second and the last phase of evaluation in the program which enabled you to move to a funded account.
This phase is, therefore, a verification stage where the program confirms if your performance in phase one is consistent to enable you to get to a funded account.
For this reason, you still need to put more effort and showcase your skills further for you to pass this stage.
By becoming more profitable and consistent while observing trading rules in this stage, you will stand a high chance to succeed in trading with the company capital.
Guardian Trader
As a Blue Guardian Trader, you are now a funded trader which is an opportunity you get after passing your evaluation stage.
In this stage, the prop firm requires you to be more consistent and responsible in your trades for you to succeed.
When you start making profits in this stage, the prop firm allows you to earn up to 85% of your total profits.
Even though the set standard is at 80%, continuing trading in the platform with high profitability enables you to qualify for the maximum profit share.
If you continue with your high profitability for a period of a month, you will qualify for their scaling plan.
This will enable you rapidly grow your account balance and maximum your earnings in the program.
Also Read: The Talented Trader Review
Trading Rules Used In Blue Guardian Capital
Even though the two funding programs in the Blue Guardian Capital has similar evaluation process and account sizes, their trading rules vary.
The difference in the trading rules will determine the type of funding program you will choose from the two.
Let us look at the trading rules for each of them:
Unlimited Guardian Trading Rules
The unlimited guardian funding program has the following trading rules:
Trading Period
The Unlimited Guardian funding program has an unlimited trading period for traders in both phase one and phase two of their evaluation process.
Minimum Trading days
The minimum trading days in phase one and phase two of the evaluation process are zero.
In the funded account, the date is undefined allowing you to trade in your own shortest time possible to reach your success.
Profit targets
The profit target in phase one is 8% while in phase two is set at 4% in the evaluation stage of the funding program.
Maximum loss
The maximum loss for the three stages of the funding program is set at 8%.
This means that you must observe the 8% maximum loss for phase one, phase two and while trading on the funded account.
Maximum daily loss
The maximum daily loss for the three stages of the funding program is set at 4%.
This means that you must observe the 4% maximum daily loss for phase one, phase two and while trading on the funded account.
Account leverage
The maximum Account leverage for the unlimited guardian funding program is set at 1:100.
Profit split
The profit split in the funding program starts at 80% and increases to a maximum value set at 85% as you continue trading.
Scaling plan
In the scaling plan, you must maintain a positive profit by reaching a profit target of 12% in the past three months.
When you qualify for the scaling plan, you will have your account increased by 30% of the initial balance.
This can enable you to grow your account to up to $2,000,000 and achieve your maximum profit.
Elite Guardian Trading Rules
The Elite Guardian funding program has the following trading rules:
Trading Period
The Elite Guardian funding program has an unlimited trading period for traders in both phase one and phase two of their evaluation process.
Minimum Trading days
The minimum trading days in phase one and phase two of the evaluation process are set at five days.
This means that you must stay for at least five days in each of the phases of the evaluation stages.
Profit targets
The profit target in phase one is 8% while in phase two is set at 4% in the evaluation stage of the funding program.
Maximum loss
The maximum loss for the three stages of the funding program is set at 10%.
This means that you must observe the 10% maximum loss for phase one, phase two and while trading on the funded account.
Maximum daily loss
The maximum daily loss for the three stages of the funding program is set at 4%.
Account leverage
The maximum Account leverage for the elite guardian funding program is set at 1:50.
Profit split
The profit split in the funding program starts at 80% and increases to a maximum value set at 85% as you continue trading.
Scaling plan
In the scaling plan, you must maintain a positive profit by reaching a profit target of 12% in the past three months.
When you qualify for the scaling plan, you will have your account increased by 30% of the initial balance.
This can enable you to grow your account to up to $2,000,000 and achieve your maximum profit.
What Trading Instruments Are Allowed In Blue Guardian Capital?
The Blue Guardian prop firm allows you to trade a variety of trading instruments including:
- FX Exotics
- trade FX
- Golds
- Indices
- Commodities
- Cryptos
Who Is The Owner Of Blue Guardian Capital?
Blue Guardian Capital is a prop firm owned by Sean Bainton (left) and Eric Gairns (right) who are both professional traders.
Sean Bainton is currently the CEO of the company and a successful trader in the forex industry.
On the other hand, Eric Gairns is also a successful trader who is also a co-founder and CCO of the company.
The two co-founders incorporated the company back in 2019 which started as a forex signal provider and an educational institution.
This was the time when Sean was trying to make many traders across the world use the program to succeed in the market.
Sean met Eric and the other team members and they started to develop new trading systems by the use of machine learning.
They started advancing their support to new traders using machine learning techniques and quantitative analysis.
They also made an effort to prove their strategies to the Forex tech companies for them to showcase their talents to many upcoming traders.
In 2021, they together rebranded the company into a prop firm with an evaluation process to target more traders across the world
This also allows traders to get a chance to become funded traders.
They later redesigned the website of the prop form to contain a new mechanized dashboard with more exclusive features to push on the competitive prop firm industry.
What Are The Benefits Of Joining Blue Guardian Capital?
- Offers an excellent profit share
The Blue Guardian Capital is one the prop firms with the best profit share in the forex market offering traders up to 85% of profit split.
Even though the industry standard is set at 80%, traders stand a high chance of increasing their profit share as they continue trading on the platform.
- Offers a bi-weekly payout
The prop firm allows you to request your withdrawals on a bi-weekly basis and get your money transferred to your preferred payment account.
You will only have to wait for fourteen days for your first payout and have the continuous withdrawals processed bi-weekly.
- Enables traders to enjoy equity protection through the Guardian Protector program?
The Guardian Protector program is a built-in equity protector which limits your trades from hitting the maximum daily loss.
This strategy helps you in managing your risk as the first prop firm to offer risk management tools to their traders.
- Has realistic profit targets
As compared to other prop firms currently in the market, the Blue Guardian Capital platform has a realistic profit target.
The competitive and realistic profit targets of 8% and 4% make the evaluation stage of the prop firm easier to pass.
As a result, a large number of traders who join the platform get an easy opportunity to progress into a funded account.
What Is The Cost Of Joining Blue Guardian Capital?
The cost of joining Blue Guardian Capital varies depending on the funding program you choose and the account size.
Let us look at the cost of joining each of the funding programs.
Unlimited Guardian Funding program
In the unlimited funding program, here are the available account sizes and their corresponding prices:
- $10,000 account that costs $87.
- $25,000 account that costs $187.
- $50,000 account that costs $297.
- $100,000 account that costs $497.
- $200,000 account that costs $947.
Elite Guardian Funding program
- $10,000 account that costs $120.
- $25,000 account that costs $240.
- $50,000 account that costs $370.
- $100,000 account that costs $570.
- $200,000 account that costs $1090.
Does Blue Guardian Capital Have A Refund Policy?
In the refund program, the company refunds you 100% of your registration fee on your first payout.
However, if you don’t reach the funded account, you will not be able to receive your registration fee back.
What Is The Blue Guardian Capital Payouts?
Once you reach the funded account, you will be eligible for a payout fourteen days after placing your first trade on the funded account.
In addition, your account balance must also be higher than the initial balance for you to qualify for withdrawal.
You must also have no open trades or open orders in otherwise your trading position must remain flat when requesting for withdrawal.
The payments in the program are always processed between one to two days and deposited to your wallet via deel.
All the traders who have already qualified for the withdrawals can request payouts on the platform dashboard.
In addition, there are a number of payment methods accepted on the platform including; bank transfer, Coinbase, Revolt, Deel card, Payoneer, PayPal, and Wise.
In the case where you can not access Deel, the program allows you to process your payout via direct bank transfer, crypto, wise or PayPal.
When Do You Get A Refund Of Fee?
Upon successfully receiving your first payout from the program, you’ll be eligible for a refund of your registration fee.
The program adopts this strategy to alleviate concerns about investing a significant amount upfront.
However, it’s important to note that if you fail to meet the requirements for the funded account, you will not be eligible for a refund of your evaluation fee.
Important: TradingFunds Review
Is Blue Guardian Capital A Scam?
Blue Guardian Capital prop firm is not a scam.
Through their funding capital, you can showcase your trading ability to enable you to realize your trading potential and achieve the best of your trades in the forex market.
In addition, the program provides you with risk management tools such as guardian inspectors apart from funding.
This ensures every trader who joins the program gets the opportunity to trade with good customer support from the company.
The prop firm also offers a number of account sizes at fair prices to enable many traders to get the opportunity to join the platform.
However, not everyone can join and benefit from this funding program from the prop firm.
You must have the skills and experience of trading for you to join this program.
You must also be able to showcase your ability to trade.
This means that you must be confident in trading and have the courage to trade in the forex market for you to succeed in the program.
The prop firm uses an evaluation process to test your skills and ability to trade and achieve their profit targets.
My Assessment Of Blue Guardian Capital
Profits Split – 8/10
The prop firm has one of the best profit shares in the market where traders earn up to 85% of the profits you make.
This motivates traders to maximize their trades and achieve the best out of the profits they make in the market.
Scaling Opportunities – 6 /10
In the scaling opportunities, traders are able to increase their account balances by 30% of their initial balance.
This scaling plan enables traders to grow their account balance to a maximum of $2,000,000 and maximize their earnings.
This makes the prop firm a great choice for traders who wants to trade with higher capital to reach their financial goals.
Profits Targets – 9/10
The prop firm requires traders to reach a target of 8% and 4% to pass their evaluation.
The lower profit targets make it easy for more traders to reach funded accounts when they join the prop firm.
In addition, the lower profit targets motivate more traders to join the program to achieve their financial goals.
Affordability – 8/10
The prop firm is very affordable which makes it a suitable option for most beginners with low income.
You only need $87 to get started in the prop firm and start your trading journey toward success.
In addition, the prices set for the account sizes are refundable, one time with no other hidden fee.
Trader Supports – 7/10
The platform offers you the best trader support for traders who are joining the prop firm for the first time.
In their support campaign, you only need to ask questions and get the most appropriate feedback from the company.
Tradable Assets – 7/10
The Blue Guardian Capital offers traders a variety of tradable assets in the forex market.
This enables traders to choose and trade their favorite assets and get the best out of their trade.
In addition, you’ll be able to trade the assets that give you the best outcome to enable you to increase your earnings.
Trustworthiness – 7/10
The Blue Guardian Capital has a great reputation online attracting an excellent rating on Trustpilot.
In addition, there are a number of testimonies from traders in the prop firm.
My Overall Rating: 8/10
Overall, I would give this platform a solid rating of 8/10, making it one of the top-performing prop firms in the forex market.
Moreover, the firm’s positive online reputation adds to its appeal, making it a favorable choice for many traders.
What Are People Saying
Here are what people are saying about Blue Guardian Capital prop firm online.
Blue Guardian Capital Review Trustpilot
The Blue Guardian Capital has an excellent rating of 4.8/5 stars from a total of 517 reviews (August 4, 2023) on Trustpilot as shown below:
Here is a screenshot of the breakdown of the ratings:
From the screenshot I’m about to share with you, it becomes evident that this prop firm is making remarkable progress.
A satisfied customer managed to successfully pass phase 2 of the evaluation in an astonishingly short period of just three days.
This achievement indicates that the firm is moving in the right direction:
Another delighted customer expressed great pride in being associated with the company as he successfully secured a $25,000 account.
His excitement further reinforces the positive experiences customers have with the company’s services:
The positivity seems endless…
While browsing through the negative reviews, I didn’t come across anything too alarming, but there is one point worth highlighting.
A three-star review by a customer mentioned that there seemed to be some minor market manipulation aimed at hitting the stop loss (SL):
FAQs About Blue Guardian Capital
Can I Change My Trading Capital When Using Blue Guardian Account?
Blue Guardian prop firm allows flexibility which enables traders with clear trading history to make platform changes on their evaluation accounts.
However, the evaluation accounts must first pass the trading objectives.
If the case where there are pending trades placed on the account, you get such a privilege.
Does Blue Guardian Prop Firm Allow Hedging, Martingale & No Stop Loss?
The prop firm allows traders to trade in the market while hedging and Martingale in case the trader wishes to do so.
On the other hand, there is no stop loss required when trading with the prop firm account in the forex market.
Is Copy Trading Allowed In The Platform?
The prop firm allows copy trading at traders’ disposal and only from their personal accounts which are bonded to the account holder.
This is one of the strategies that the prop firm uses when providing traders with the opportunity to manage multiple accounts in the platform.
The copy trading allowed in the platform includes; copy trading between two Blue Guardian accounts, violation accounts, and external accounts.
Can I Hold My Trades Or Trade Overnights And During Weekends?
The prop firm allows traders to trade or hold their trades overnights.
However, when trading cryptos, the platform will allow you to trade the asset over the weekends when using the Eightcap broker.
As for the other available tradable assets, there are no trading restrictions when it comes to overnight and weekend trading.
Does Blue Guardian Prop Firm Allow Trading On Eas And Trade Copiers In The Market?
Traders can trade on Expert Advisors in the platform when they wish to do so.
However, you need to set up the EAs you want to trade to ensure it suits your trading strategies.
The prop firm also allows you to use trade copiers when trading on their funded account.
How Much Experience Do I Need To Apply For Blue Guardian?
There is no timeframe set in the program that will enable you to become a successful trader.
It is more beneficial to put much of your expertise into practice to increase your chances of success.
When trading professionally, you’ll have a continuous learning career in your trading progress.
What Happens If I Violate Any Trading Rules Or Trading Parameters In The Platform?
If by chance your trading account violates any rule while still on evaluation, the account won’t qualify for funding.
On the other hand, if you violate a rule on a funded account, your account will get automatically closed.
The platform will also terminate all your trader agreements with the company.
Thank you for reading my Blue Guardian Capital Review.