Blue Guardian

Blue Guardian is a proprietary trading firm headquartered in the United Kingdom that provides retail traders with access to significant trading capital without requiring them to risk their own funds. To qualify, traders must first complete a structured two-phase evaluation challenge that measures their ability to achieve consistent profits while adhering to defined risk management parameters, including daily and overall drawdown limits.

The evaluation process is straightforward: Phase 1 requires traders to hit an 8% profit target while keeping daily drawdown below 5% and maximum drawdown below 10%. Phase 2 reduces the profit target to 5% under the same risk rules. Once both phases are passed, traders receive a live funded account and retain 80% of all profits generated, with the evaluation fee refunded upon receiving their first payout.

Blue Guardian supports trading across forex pairs, major indices, metals, and select commodities using MetaTrader 4 and MetaTrader 5. The firm explicitly permits expert advisors (EAs) and automated strategies, which sets it apart from more restrictive prop firms and makes it particularly attractive to algorithmic traders. Account sizes range from $10,000 up to $200,000, giving traders flexibility based on their experience level and risk appetite.

While Blue Guardian has earned positive feedback for its transparent ruleset and responsive customer support, it operates in a highly competitive prop firm landscape. Prospective clients should review the firm's news trading policy, restricted instruments list, and consistency rules carefully before purchasing a challenge, as violations can lead to immediate account termination. Overall, it is a solid option for disciplined forex and multi-asset traders seeking a credible funded account program.