Blue Guardian is a proprietary trading firm run by Blue Guardian Limited, a company registered in St. Lucia. It sells paid evaluations and instant-funded accounts for forex, CFDs, crypto CFDs and futures, then pays traders a share of profits from funded accounts. The Elite two-step and Instant programs offer a 90% trader share with no challenge time limit. Before buying, check three things: the Instant $5K’s tight trailing loss limit, the 40% consistency rule on funded accounts and the long prohibited-practices list. On 13 November 2026, Companies House listed company number 12087566, ICONIC EXCHANGE LIMITED, as dissolved. Blue Guardian’s checkout terms still cite that number as its England and Wales registration, while the site footer names Blue Guardian Limited in Saint Lucia and Iconic Exchange FZCO in Dubai.
Who runs Blue Guardian and what it sells
Blue Guardian Limited sells you the evaluation and holds the payout agreement. Its official site is blueguardian.com, and the rules sit in two help centers: one for the CFD and forex side and one for futures, with a separate futures payout policy.
The firm covers three markets:
- Forex and CFDs: currencies, commodities and indices, traded as CFDs.
- Crypto: offered as CFDs.
- Futures: CME-listed active contracts, run separately as “Blue Guardian Futures”.
Traders can use MetaTrader 5, Match-Trader, TradeLocker, TradingView and NinjaTrader.
Programs and pricing
All fees are one-time payments. Each program has a full price and a price 30% lower under a current, time-limited discount. The $100K Elite, for example, costs $330 at full price and $248 discounted. Use the full price when comparing Blue Guardian with firms not running a promotion.
Instant accounts
Instant accounts skip the evaluation: you pay and trade a funded account from the start. There are two sizes:
- Instant $5K: $54 discounted, $72 full price. No profit target, $150 daily loss, $250 trailing maximum loss, 90% profit split and instant payouts.
- Instant $100K: $467 discounted, $623 full price.
On the $5K account, the $150 daily limit is 3% of the starting balance and the $250 maximum loss is 5%. One standard lot on a USD-quoted forex pair moves about $10 per pip, so a 25-pip adverse move would use the entire limit. Because the limit trails, it also tightens as profits build. The $5K tier is a low-cost way to test how the firm handles accounts and payouts; its limits leave no room for wide-stop swing trading.
Elite two-step accounts
Elite is offered in four sizes: $25K ($116 discounted, $154 full price), $50K ($157 / $209), $100K ($248 / $330) and $150K ($318 / $424). The $100K Elite carries these terms:
- Profit target: $6,000 (6% of the account)
- Daily loss: $2,000, a soft breach (2%)
- Maximum loss: $3,500, end-of-day trailing (3.5%)
- Time limit and minimum trading days: none
- Profit split: 90/10
- Payout frequency: every 3 days
Other models and terms to confirm
Blue Guardian also runs five current CFD evaluation models: 1 Step Nano, 1 Step Standard, 2 Step Standard, 2 Step Nano and Buy Now Pay Later, with separate help-center rule pages for the 1 Step Standard and 2 Step Standard. The Elite and Instant terms above do not carry over to these models.
Confirm before buying. Several terms need checking in the firm’s own rules. The firm publishes the same dollar limits for every Elite size; on a $25K account they would mean a 24% target and a 14% drawdown, which is not a consistent scale, so treat them as the $100K terms and check the $25K, $50K and $150K limits. The Instant $5K limit is described as trailing, not end-of-day, so assume intraday highs can move it unless the rules say otherwise. Anyone wanting a one-step path or a deferred fee should check those models’ own rules. The firm also quotes a 7-day payout cadence that it does not tie to any program.
How the drawdown limits work
Most failed prop accounts end at a loss limit, and Blue Guardian uses two different kinds.
Trailing maximum loss (Instant $5K). A trailing limit follows the account’s high point upward and never moves down. For example, you start at $5,000 with a $250 trailing limit, so the floor is $4,750. If the account reaches $5,200, the floor rises to $4,950. A drop back to $5,000 then leaves only $50 of room, even though you are still at your starting balance.
End-of-day trailing maximum loss (Elite). An EOD trailing limit only resets from the closing figure of each trading day, not from intraday peaks. For example, on the $100K Elite you start at $100,000 with a $3,500 limit, so the floor is $96,500. You run up to $102,000 during the day but close at $101,000. The floor moves to $97,500, based on the close, not to $98,500. Open profit you give back intraday does not tighten the limit, but every profitable close moves the floor up.
Daily loss as a soft breach. The Elite daily limit of $2,000 is a soft breach. Firms use the term for a limit that stops or closes out trading for the day instead of failing the account. A hard breach of the $3,500 maximum loss ends the account.
PT:DD ratio. The 1:0.58 figure compares the drawdown with the target: $3,500 ÷ $6,000 ≈ 0.58. For every dollar you must make, you can lose about 58 cents before the account ends. The lower the ratio, the less room you have to absorb losing streaks on the way to the target.
Trading rules
What is allowed
- Expert advisors (EAs): permitted
- Copy trading: permitted, with restrictions listed below
- News trading: allowed
- Weekend holding: allowed
- Time limit: none
- High-frequency trading: not allowed
Swing traders who hold over weekends and traders who act on economic releases can trade normally here, which several firms restrict. With no time limit, a losing streak does not also run into a deadline.
Prohibited practices
Blue Guardian’s list of banned practices is long. Grouped by what they target:
Platform and data exploits: data freezing, exploiting trading-platform errors, trading on delayed charts, and gap billing.
Speed and automation abuse: high-frequency trading, tick scalping, arbitrage, and “any software, artificial intelligence, ultra-high speed, or mass data entry” that manipulates the platform or gives an unfair advantage. EAs are allowed, but an EA that falls into any of these categories is not.
Hedging and account linking: opening opposite positions at the same time, hedging trades between accounts, and running the same strategy on multiple evaluation accounts.
Copying and sharing: placing the same trades on an evaluation account and an external account at the same time, whether manually, through a copier or through an EA, and sharing or disclosing live trades with any third party.
Two of these limit features that look open at first glance. Copy trading is permitted, but mirroring an evaluation onto an outside account is not, and neither is running one strategy across several evaluations. A trader who buys multiple Elite accounts to run the same system in parallel would breach the multiple-accounts rule. Signal providers, or anyone who posts trades publicly, also fall under the ban on sharing live trades.
Consistency rule
There is no consistency rule during evaluation and a 40% rule on funded accounts. A consistency rule of this kind usually caps how much of your total profit can come from your single best trading day. For example, if a funded account has $5,000 of profit in a payout period, a 40% cap means no single day may account for more than $2,000. If one day produced $3,000, you would need more profitable days, adding up to at least $7,500 in total, before that day fell back under 40%.
So a strategy that passes on one or two large days can still face payout delays once funded, until its profits are spread out.
Leverage
Leverage is set by asset class:
| Asset class | Leverage |
|---|---|
| Forex | 1:100 |
| CFD indices | 1:50 |
| CFD commodities | 1:24 |
| CFD crypto | 1:2 |
At 1:100, a $100,000 forex position needs about $1,000 of margin. At 1:2, a $10,000 crypto CFD position needs about $5,000. Crypto exposure is therefore tightly limited by margin, while on forex the drawdown rules usually set the practical limit on position size.
Payouts and withdrawals
Blue Guardian quotes several profit-split and payout-frequency values without tying each one to a program. By program:
- Instant $5K: 90% split, instant payouts
- Elite (all sizes): 90/10 split, payouts every 3 days
CFD funded-account payouts now require at least 14 calendar days from the first trade, while instant models follow separate eligibility schedules. Futures payouts follow their own policy on the futures help center.
Blue Guardian reports a one-hour processing time and $47 M+ in total payouts. That ranks 17th among 50 firms that publish a payout total and equals 0.7% of all reported payouts. The figure is self-reported. Blue Guardian Futures reports the same $46,000,000, so the two should not be added together.
Withdrawals go through Rise or crypto only, so a trader who cannot receive funds through either has no way to withdraw.
Trustpilot reputation
Blue Guardian has a 3.1 Trustpilot rating from 2,153 reviews. The distribution is split sharply:
- 5 stars: 1,322 (about 61%)
- 4 stars: 168
- 3 stars: 78
- 2 stars: 50
- 1 star: 535 (about 25%)
Very few reviews fall in the middle. The large one-star group pulls the average down to 3.1 even though most reviews are five-star.
Strengths and trade-offs
Strengths:
- 90% trader share on both the Elite and Instant $5K programs
- No time limit and no minimum trading days on the Elite and Instant programs
- News trading, weekend holding and EAs permitted
- Payouts every 3 days on Elite and instant payouts on the Instant $5K, with a firm-reported one-hour processing time
- No consistency rule during evaluation
- A low-cost entry point with the Instant $5K
- Five trading platforms, including TradingView and NinjaTrader
Trade-offs:
- The Instant $5K’s $250 trailing limit (5%) leaves very little room
- The $100K Elite drawdown of $3,500 against a $6,000 target gives a PT:DD of 1:0.58
- A 40% consistency rule applies once you are funded
- Long prohibited list, including bans on running one strategy across multiple evaluations and on mirroring trades to external accounts
- 14-calendar-day eligibility before CFD funded payouts
- Withdrawals only through Rise or crypto
- Strongly split reviews, with about a quarter at one star
How we checked Blue Guardian
We visited blueguardian.com on 13 November 2026, connecting from Tallinn, Estonia. We opened the home page and scrolled to the footer. It names Blue Guardian Limited at The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia, alongside Iconic Exchange FZCO at IFZA Business Park in Dubai, and lists Blue Guardian Marketing LLC as a non-operational support and administrative office. From there we read the About page and the Terms and Conditions, then clicked Start Challenge. That took us to checkout.
The home page showed two prices for each plan. The $100K Futures Elite listed $248.00 next to $330.00, with a $6,000 profit target, a $2,000 daily loss limit described as a soft breach and a $3,500 end-of-day maximum drawdown. On the CFD Instant side, the 5K account showed $54.00 and $72.00, and the 400K showed $1,650.00 and $2,200.00. The checkout page opened with prices and payment options. As far as our visit showed, it did not ask us to sign in or create an account first. Its terms say the site is operated by Iconic Exchange Limited trading as Blue Guardian, registered in England and Wales under company number 12087566. They also state leverage of 1:100 FOREX, 1:50 CFD Indices, 1:24 CFD Commodities, and 1:2 CFD Crypto. We stopped at the payment step and bought nothing.
Then we looked up that number. On 13 November 2026, Companies House returned ICONIC EXCHANGE LIMITED, company number 12087566. The record shows a private limited company in Solihull, incorporated 5 July 2019, with the status Dissolved. In other words, the UK company named in the checkout terms no longer exists as an active company. When we read Trustpilot on 13 November 2026, it showed 3/5 from 2,164 reviews, with 61% five-star and 25% one-star. The earliest Wayback Machine capture of the domain dates from 2007-08-30, which may predate the current brand.
Some things stayed out of reach. We did not check the Saint Lucia or Dubai entities in any register, and we did not request a payout. The $47 M+ payout total and the claim of 1 hour on average processing therefore remain the firm’s own figures.
Who Blue Guardian may suit
Blue Guardian fits discretionary or EA-based forex and index traders who:
- hold positions over weekends or trade news releases
- want frequent payout windows once funded
- can work within a 3.5% end-of-day trailing drawdown on the $100K Elite
It is a poor fit for:
- tick scalping, arbitrage and HFT strategies, which are banned
- traders who run one system across several evaluations or copy trades to an outside account
- anyone who relies on a few large winning days, because of the funded-stage 40% consistency rule
Alternatives
| Provider | Score | Fee | Split | Payouts | |
|---|---|---|---|---|---|
| 5.2/10 | $40 | Up to 100% | Weekly Available | Review | |
| 8.1/10 | $596 | Up to 90% | 14 days from the first day of trading | Review | |
| 7.1/10 | $101 | 90% | up to 4 times per month, after every 5 winning trading days of $200 profit or more | Review |
Sources
- help.blueguardian.com/en/articles/15618204-general-information-rules
- help.blueguardian.com/en/articles/9660857-how-do-payouts-work
- helpfutures.blueguardian.com/en/articles/15772960-payout-policy
- help.blueguardian.com/en/articles/14062186-1-step-standard-rules
- help.blueguardian.com/en/articles/14062291-2-step-standard-rules
- blueguardian.com/blogs/blue-guardian-25k-funded-account