BluFX Review & User Rating 2020
BluFX is a revolutionary proprietary trading solution developed by Blueprint Capital Ltd. BluFX has years of industry knowledge and makes use of cutting edge proprietary trading technology. BluFX is a leading proprietary trading company with a focus to find value in people. The company has created an in-house platform, after years of research, that supports risk management for new traders and helps them settle and grow as professionals.
- Start year: 2019
- Country of origin: London
- Regulation: None
- Payment options: Visa, MasterCard, Neteller, Skrill, PaySafe Card and UnionPay
- Minimum account size: $25000
- Monthly Subscription: Basic – £99, Standard – £199, Pro – £249
- Minimum lot size: 0.01
- Leverage: 1:3
- Spreads: from 1.0 pips
BluFX Funded Account Types
The products of BluFX come in the form of subscription packages.
Basic Funded Account
The Basic package costs £99 per month and provides a $25,000 funded account. There is no account growth, and the profit split is 50%. The Standard package is the most versatile one and costs £199 per month. Traders get access to a full range of BluFX systems and a $50,000 funded account. The profit split remains 50% while the account has a scope of growth to larger capital books.
Pro Funded Account
The Pro package of BluFX costs £249 per month and provides a $50,000 funded account. It is most suitable for experienced traders as it allows the holding of positions overnight. The trading hours for all proprietary traders are Monday to Friday, 6 am to 9 pm London time.
BluFX offers one of the best proprietary trading solutions. Traders do not have to risk their own capital and can still receive 50% of the earned profits. They also have the opportunity to grow their trading accounts, dependent on meeting the profit margin targets.
The account growth follows a predefined trajectory at BluFX. Aspiring traders start with the registration process for the package of their choice and get access to funding. They become proprietary traders and use the MT4 trading platform to trade from anywhere in the world. They can, then, keep making profits and moving on to higher and higher account books.
At the Incubation stage, funded traders have access to a $50,000 funded account. At this stage, traders develop a profitable strategy to move to the next level, Refinement. At Refinement stage, traders have access to a $100,000 funded account and start understanding crisis management. They, then, grow to the Specialisation stage with a $200,000 funded account. After traders have learned diversification and large fund management, they move on to the Mastery stage with a $1 million funded account.
BluFX is the world’s first innovative subscription-based trading platform designed to help the best forex traders rise to the top in the Fx spot market.
BluFX believes in a future where everyone gets equal opportunities to access the trading world. A future where everyone has a path to professional trading, where trading can be a part of people’s lives without massive risk. We are dedicated to building BluFX into a sharing platform and an open space where traders can find whatever they require for trading, from capital and technology to knowledge and wisdom.
The costs of trading with the BluFX platform are not disclosed by the company. Given the fact they only facilitate day trading, a slightly higher spread can greatly impact the bottom line of any trader. Usually forex brokers offer spreads within the range of 1.0 – 1.5 pips for the EUR/USD pair.
With BluFX, you can only withdraw funds from your trading account after you have made a 10% profit (your first withdrawal can be $2,500, if you chose one of the latter two account types and have reached an account balance of $55,000).