Are You Lost in the World of Proprietary Trading and wondering if Blue Guardian is the perfect match?
Selecting the right proprietary trading firm can be challenging, especially when considering Blue Guardian Alternatives. But stay calm! We’ve collected the details and created a list for you of the 11 Best Blue Guardian Alternatives. From well-known industry experts to fresh and innovative firms, these prop firms provide distinctive features, competitive rates, and a history of success.
We’ll explore the specifics of each Blue Guardian Alternatives. By the end of this article, you’ll have a clear understanding of your options and be equipped to make informed decisions.
So, let’s check out these excellent Blue Guardian Alternativesand discover the best fit for you!
📌 Top Blue Guardian Alternatives With Best Trading Conditions
FundingPips is a relatively new proprietary trading firm founded in 2022 based in Dubai, United Arab Emirates. The company was officially incorporated on August 25, 2022, under the legal name ANKH PROP – FZCO
Led by CEO Khaled Ayesh, FundingPips aims to discover trading talents and help them overcome funding challenges by offering the opportunity to trade up to $300,000
FundingPips distinguishes itself by offering an affordable entry into funded trading, with prices starting as low as $32 for a $5,000 account The firm provides access to popular trading platforms like cTrader, Match-Trader, and TradeLocker, allowing traders to trade a variety of instruments including forex, indices, commodities, and cryptocurrencies.
FundingPips Key Features
Profit Split: FundingPips offers up to 100% profit split for traders, while Blue Guardian offers up to 90%.
Payout Frequency: FundingPips provides more flexible payout options, including weekly, bi-weekly, monthly, and on-demand payouts. Blue Guardian offers bi-weekly payouts.
Trading Platforms: FundingPips supports multiple platforms including cTrader, Match-Trader, and TradeLocker. Blue Guardian primarily uses MetaTrader 5.
Evaluation Process: FundingPips has a two-phase evaluation with profit targets of 8% in Phase 1 and 5% in Phase 2. Blue Guardian’s profit targets are lower at 8% and 4% for their evaluation phases.
Maximum Funding: FundingPips offers account sizes up to $100,000, while Blue Guardian Alternatives provides options up to $400,000 with potential scaling to $2,000,000.
Drawdown Rules: FundingPips enforces a maximum total drawdown of 10% across all challenges. Blue Guardian uses a tool called Guardian Protector to manage drawdowns.
Company Age: FundingPips is a relatively new entrant, founded in 2022, while Blue Guardian appears to be more established.
Location: FundingPips is based in the United Arab Emirates, while Blue Guardian is UK-based.
Additional Features: FundingPips offers unique features like a consistency score for certain evaluations and a potential monthly salary for qualifying traders.
Trading Restrictions: FundingPips allows news trading during evaluation, while Blue Guardian seems to have fewer restrictions overall.
The Funded Trader (TFT) is a proprietary trading firm that offers traders the opportunity to manage large trading accounts without risking their own capital.
The Funded Trader aims to provide a comprehensive ecosystem for traders, combining funding opportunities with community support and educational resources. Its high-profit splits, flexible trading conditions, and strong community focus have made it a popular choice among prop trading firms.
Funded Trader Key Features
Evaluation Process: TFT uses a multi-phase evaluation process to assess traders’ skills.
This includes:
Standard Challenge: A two-phase evaluation with profit targets and risk management rules.
Rapid Challenge: A faster route to funding for experienced traders.
Royal Challenge: Offers higher account sizes and more flexible trading conditions.
Account Sizes: TFT offers account sizes ranging from $5,000 to $600,000, with the potential to scale up to $1.5 million.
Profit Split: Successful traders can earn up to 95% of their profits, which is higher than many competitors in the industry.
Trading Platforms: TFT supports popular platforms like MetaTrader 4, MetaTrader 5, and cTrader.
Trading Instruments: Traders can trade forex, indices, commodities, and cryptocurrencies.
Community Focus: TFT has built a strong community, particularly on Discord, with over 87,000 members. This community provides support, education, and networking opportunities for traders.
Educational Resources: The platform offers a comprehensive knowledge base and educational content to help traders improve their skills.
Competitions and Promotions: TFT regularly hosts free competitions and promotions, offering traders chances to win funded accounts and cash prizes.
Flexible Trading Conditions: The platform allows for various trading styles, including scalping, day trading, and swing trading.
Affiliate Program: TFT offers an affiliate program that allows users to earn commissions by referring new traders to the platform.
Global Reach: The platform caters to traders from various countries and offers support in multiple languages.
Transparency: TFT encourages funded traders to share their success stories and proof of payments, fostering trust within the community.
Founded in March 2022 by Syed Abdullah Jayed, is a cutting-edge proprietary trading firm that has quickly established itself as a leader in the industry. Based in the United Arab Emirates, this innovative company offers traders the opportunity to access substantial capital and earn significant profits without risking their own funds.
FundedNext Key Features
Generous Funding: FundedNext provides traders with accounts ranging from $6,000 to $300,000, allowing them to trade with significant capital.
High-Profit Split: Traders can earn up to 95% of their profits, which is among the highest in the industry.
15% Profit Share in Challenge Phase: Uniquely, FundedNext offers a 15% profit share during the evaluation phase, allowing traders to start earning immediately.
Multiple Trading Platforms: Traders can choose between MetaTrader 4, MetaTrader 5, and cTrader platforms, catering to various preferences.
Balance-Based Drawdown: This feature allows traders to hold positions more comfortably, reducing stress during volatile market conditions.
No Time Limit: Traders can complete challenges at their own pace, without the pressure of strict time constraints.
News Trading Allowed: FundedNext permits news trading, enabling traders to capitalize on significant market movements.
FTUK, founded in 2021 by CEO Haeem Gafer, is a global proprietary trading firm that’s making waves in the forex trading industry. With its innovative approach to funding and trader support, FTUK offers a unique opportunity for traders to leverage their skills and potentially earn significant profits without risking their own capital.
FTUK’s Trading Programs
One-Step Program: This program offers a straightforward path to funding with a single evaluation phase.
Two-Step Program: This includes a challenge phase followed by a verification phase, providing a more comprehensive evaluation.
Instant Funding: For experienced traders, this program offers immediate access to live trading accounts.
FTUK Key Features
Instant Funding: FTUK provides traders with immediate access to funded accounts, allowing them to start trading quickly.
Scalable Accounts: Traders can access accounts ranging from $10,000 to an impressive $6.4 million, with the potential to scale up rapidly.
High-Profit Share: Successful traders can keep up to 80% of their profits, making FTUK an attractive option for skilled forex traders.
Flexible Account Types: FTUK offers one-step, two-step, and instant funding accounts to suit different trader preferences and experience levels.
Transparent Rules: The firm prides itself on clear, upfront rules and guidelines, fostering trust among its traders.
Refundable Fees: Traders who hit their evaluation targets can get their initial fee refunded, reducing the financial barrier to entry.
Advanced Trading Technology: FTUK provides access to cutting-edge trading platforms, ensuring fast execution across various devices.
Global Reach: With traders from 133 countries, FTUK has built a diverse and thriving global community.
Quick Payouts: The average payout time is just 1 hour, allowing traders to access their earnings quickly.
Customizable Features: Traders can tailor their accounts with add-on features to match their trading style.
Smart Prop Trader is a cutting-edge proprietary trading firm that has quickly established itself as a leader in the forex funding industry. Founded in 2022 by experienced trader and finance veteran Blake Olson. With a commitment to transforming the way people interact with their finances, Smart Prop Trader offers traders the opportunity to access substantial capital and earn significant profits without risking their own funds.
Smart PropTrader Key Features
Generous Funding: Smart Prop Trader provides traders with account sizes ranging from $10,000 to $200,000, allowing them to trade with significant capital.
High-Profit Split: Traders can earn up to 95% of their profits, which is among the highest in the industry. The default payout ratio starts at 75:25 and can increase to 95:5 through their Scaling Plan.
Two-Phase Evaluation Process:
Phase 1: 7% profit target.
Phase 2: 5% profit target.
Flexible Trading Conditions
No minimum trading days.
No restrictions on holding positions over weekends.
News trading allowed.
Up to 1:30 leverage (with optional upgrade to 1:100).
Risk Management:
4% daily drawdown limit.
8% maximum drawdown limit.
Scaling Plan: Successful traders can increase their account balance by 25% every 3 months, with an additional 2% increase in maximum drawdown allowance.
Fast Processing: Traders can receive funding in as little as one day after passing the evaluation.
On-Demand Payouts: Traders can request payouts on their preferred schedule, with the first payout possible just 24 hours after the initial post-evaluation trade.
Community and Support
Smart Prop Trader has built a strong community of traders, with over $5 million in payouts shared among its members.
The firm offers
24/7 customer support.
Educational resources and trading insights.
A vibrant Discord community for networking and knowledge sharing.
Topstep was founded in 2012 by a team of traders and entrepreneurs, including its CEO, Michael Patak is a leading proprietary trading firm that has revolutionized the way aspiring futures traders access capital and develop their skills. With over 12 years of experience in funding futures traders, Topstep has established itself as a trusted platform for traders looking to take their careers to the next level.
Impressive Track Record
Over $40,354,668 in payouts since 2020
47,360 funded accounts in August 2024 alone
Ability to earn a trading account in as little as 2 days
Topstep Key Features
The Trading Combine: Topstep’s flagship program evaluates traders for funding, helping them build better skills, discipline, and habits. Successful traders can earn a Funded Account in as little as two days.
Generous Funding: Topstep offers account sizes ranging from $50,000 to $150,000, allowing traders to access substantial capital without risking their own funds.
Simple Payout Policy: Funded Traders can earn payouts by achieving just five winning days of +$200 or more.
Multiple Accounts: Traders can earn and take payouts from up to five Express Funded Accounts, maximizing their earning potential.
Fast Payout Processing: Topstep processes payouts daily, ensuring traders can access their earnings quickly.
Global Accessibility: The platform supports multiple currencies, including USD, EUR, GBP, AUD, CAD, JPY, and more, making it accessible to traders worldwide.
Community and Support: Topstep places a strong emphasis on trader development and community support.
Prep-Trade-Reflect: A guided approach to help traders develop a consistent trading routine.
Coach T: Provides personalized stats and tips to improve trading performance.
Free Group Coaching: Daily Q&A sessions on TopstepTV and Discord.
Education Courses: In-depth lessons on trading strategies and market analysis.
TopstepTV: Live streaming Monday-Friday, featuring market discussions, trading tips, and community updates.
Discord Community: A platform for traders to connect, share insights, and find accountability partners.
Industry Recognition
Topstep’s achievements have been recognized by trusted companies in the financial industry, highlighting its credibility and impact in the futures trading space.
Lux Trading Firm is a proprietary trading company founded in 2020 by a team of experienced traders and financial professionals that offers traders the opportunity to manage substantial capital and build a real career in trading. With a focus on providing traders with real funding, real liquidity, and the potential to manage up to $10,000,000, Lux Trading Firm stands out in the competitive world of prop trading.
Elite Program
Lux Trading Firm offers an Elite Program for traders seeking additional support and resources.
This program includes
Daily trading streams
Comprehensive education
Personal mentoring
Professional trading software
Access to a risk desk
Trading workshops
The Elite Program aims to provide traders with the same level of support typically found in big banks or hedge funds, making it accessible to traders at all experience levels.
Unique Selling Points
Stable Salary: Traders can earn a stable income, allowing them to focus on good risk management.
Audited Track Record: Lux provides traders with verified track records, opening doors to opportunities with banks, hedge funds, or family offices.
Advanced Dashboard: The firm offers a proprietary dashboard solution powered by the same data used by their Risk Analysts.
Integrated Live Trading Room: Elite traders have access to daily livestreams through the dashboard.
Lux Trading Firm Key Features
Flexible Trading Environment: Traders are free from time limits or pressure to make quick profits, allowing for a more sustainable approach to trading.
Diverse Asset Classes: Lux offers trading in Forex (majors, minors, exotics), Indices (S&P 500, NASDAQ, and more), Commodities (metals, oil, gas), Futures, and Stocks (1000 US and HK stocks).
Multiple Account Sizes: Traders can choose from $50,000, $200,000, or $1,000,000 initial account sizes, each with a unique growth path of $10,000,000.
Scaling Opportunities: The firm provides a clear path for account growth, with multiple stages allowing traders to increase their account size based on performance.
Profit Sharing: Successful traders can earn up to 75% profit share on live accounts.
Advanced Trading Platform: Lux utilizes TradingView charting and trading platform, widely used in the financial industry
E8 Markets has emerged as a dynamic player in the proprietary trading industry, offering aspiring traders access to substantial virtual capital and a path to trading mastery. Founded in 2021, this relatively young company has quickly made a name for itself with its flexible evaluation programs and trader-centric approach.
E8 Funding Key Features
Generous Virtual Capital: E8 Markets provides traders with access to up to $400,000 in virtual capital, allowing them to trade significant positions without risking their own funds.
Flexible Evaluation Programs: Traders can choose from 1-step, 2-step, or 3-step evaluation processes, catering to different experience levels and risk appetites.
No Time Constraints: Unlike many competitors, E8 Markets imposes no minimum or maximum trading days, giving traders the freedom to execute their strategies at their own pace.
Rapid Payouts: Successful traders can request their first payout in as little as 8 days, with subsequent payouts available every 14 days.
Competitive Trading Conditions: E8 Markets boasts superior market conditions with zero commissions or markups on virtual funds.
Scaling Opportunities: The platform offers an unprecedented scaling system, allowing traders to increase their account balance with each consecutive payout, up to $1,000,000 in virtual funds.
Evaluation Process
Registration: Traders sign up and choose an evaluation plan that suits their trading style.
Evaluation: Participants must demonstrate their ability to manage risk and generate profit while adhering to account objectives.
Earning: Successful traders gain access to an E8 Traders account, where they can earn up to 100% of their profits.
Scaling: Traders can increase their account balance through consistent performance and withdrawals.
Impressive Track Record
Since its establishment in 2021, E8 Markets has:
Processed over $35 million in total payouts
Attracted more than 200,000 users to its E8X platform
AquaFunded is an innovative proprietary trading firm founded by CEO Mushegn Tovmasyan, in 2021 that offers traders the chance to access substantial capital without risking their own funds. With a focus on providing a supportive environment for traders to showcase their skills and potentially earn significant profits, AquaFunded has quickly become a popular choice in the prop trading industry.
AquaFunded Key Features
Generous Funding: AquaFunded offers traders access to accounts ranging from $5,000 to $200,000, with the potential to scale up to $2,000,000.
High-Profit Split: Successful traders can earn up to 95% of their profits, which is among the highest in the industry.
Flexible Evaluation Process: Traders can choose between one-step, two-step, or three-step evaluation programs, catering to different experience levels and trading styles.
No Time Limits: Unlike many competitors, AquaFunded imposes no time constraints on their challenges, allowing traders to prove their skills at their own pace.
Multiple Trading Platforms: The firm supports popular platforms like cTrader, Match-Trader, and TradeLocker, providing traders with familiar and powerful tools.
Fast Payouts: AquaFunded offers a payout guarantee, promising to process withdrawals within 48 hours or provide a 100% profit split on the next payout.
Trader-Friendly Rules: The company emphasizes clear, straightforward rules without hidden restrictions, making it easier for traders to focus on their strategies.
Evaluation Process
AquaFunded’s evaluation process, known as “The Wave” for the one-step program and “The Wave and The Ripple” for the two-step program, allows traders to demonstrate their skills and risk management abilities. Successful traders become “Aqua Traders” and gain access to funded accounts.
Community and Support
The company prides itself on its responsive customer support, with traders praising the quick and helpful assistance they receive. AquaFunded also maintains an active community, providing a platform for traders to share insights and experiences.
Environmental and Social Responsibility
Uniquely, AquaFunded ties its business to environmental causes. By choosing AquaFunded, traders contribute to efforts to clean oceans and provide drinking water to people in need, adding a philanthropic aspect to their trading journey.
Trader Testimonials
AquaFunded has garnered positive reviews from its traders, with many praising the company’s trustworthiness, excellent customer service, and fair rules. The firm boasts a combined Trustpilot and Prop Firm Match score of 9.1 out of 10, reflecting high satisfaction among its users.
The 5%ers is a leading proprietary trading firm that has revolutionized the way forex traders access capital and build their careers. Founded in 2016 by Gil Ben Hur, a passionate independent forex day trader since 2007, The 5%ers offers a unique platform for traders to showcase their skills and potentially earn significant profits without risking their own capital.
5%ers Key Features
Generous Funding: The firm provides traders with accounts ranging from $5,000 to $250,000, with the potential to scale up to $4 million.
Flexible Evaluation Process: Traders can choose from 1-step, 2-step, or 3-step evaluation programs, catering to different experience levels and trading styles.
High-Profit Split: Successful traders can earn up to 95% of their profits, which is among the highest in the industry.
Scaling Opportunities: The platform offers a unique scaling system, allowing traders to double their account size at every milestone.
Trader-Friendly Conditions: The 5%ers allow overnight and weekend holding for forex and metals, news trading, and algo trading.
Advanced Trading Platform: Traders use MetaTrader 5 with high-quality market execution and external performance statistics.
Supportive Community: The firm provides access to a community of successful traders, daily trading rooms, education, and webinars.
Transparent Pricing: There are no subscription fees, hidden costs, or recurring charges.
SabioTrade is a proprietary trading firm that has quickly established itself as a leading player in the prop trading industry. Founded in October 2020 and based in Dublin, Ireland, SabioTrade offers traders the opportunity to access substantial capital without risking their own funds.
SabioTrade Key Features
Generous Funding: SabioTrade provides traders with accounts ranging from $20,000 to $200,000, with the potential to scale up to $2,000,000.
High-Profit Split: Successful traders can earn up to 90% of their profits, which is among the highest in the industry.
One-Step Evaluation: SabioTrade uses a single-phase evaluation process with a 10% profit target, making it more straightforward for traders to qualify for funding.
Flexible Trading Conditions: The platform allows for various trading styles, including news trading and overnight positions (except weekends).
Advanced Trading Platform: SabioTrade utilizes the QuadCode Platform, which offers advanced charting tools and over 100 technical indicators.
Diverse Asset Classes: Traders can access forex, commodities, indices, stocks, ETFs, and cryptocurrencies.
Educational Resources: SabioTrade offers a comprehensive education section with ebooks, webinars, tutorials, and articles to help traders improve their skills.
Community Support: The platform provides a supportive environment for traders to learn and grow.
Unique Selling Points
No minimum trading days requirement
The unlimited trading period during the evaluation
Competitive profit split (up to 90%)
Free trial feature to test trading conditions
Affordable evaluation prices compared to industry averages
Quick Answers on Blue Guardian Alternatives
Which Prop Firm offers the highest potential profit split?
FundingPips offers up to a 100% profit split.
What unique feature does AquaFunded offer that ties into environmental causes?
AquaFunded contributes to efforts to clean oceans and provide drinking water to people in need.
Which firm was founded by Gil Ben Hur, a forex day trader since 2007?
The 5%ers was founded by Gil Ben Hur in 2016.
What is the maximum account size offered by Lux Trading Firm?
Lux Trading Firm offers the potential to manage up to $10,000,000.
Which prop firm specializes in futures trading?
Topstep specializes in futures trading.
What is the name of FTUK’s program that offers immediate access to live trading accounts?
FTUK offers an Instant Funding program for experienced traders.
Which prop firm uses a tool called Guardian Protector to manage drawdowns?
Blue Guardian uses a tool called Guardian Protector to manage drawdowns.
📌 End Note
Whether you’re a seasoned trader looking for more flexibility or a newbie eager to dip your toes into the prop trading world, there’s something here for everyone.
From FundingPips with its jaw-dropping 100% profit split to Topstep’s specialized futures trading, each of these firms brings something unique to the table. It’s like a buffet of trading opportunities, and you get to pick what suits your taste! Remember how we talked about Blue Guardian’s limitations? Well, these alternatives are here to shake things up. Higher profit splits, more flexible evaluation processes, diverse trading instruments – you name it, they’ve got it.
But here’s the thing: there’s no one-size-fits-all solution. The best choice for you depends on your trading style, risk tolerance, and career goals. Maybe you’re drawn to AquaFunded’s environmental focus, or perhaps The 5%ers’ scaling opportunities catch your eye. It’s all about finding your perfect match.
Aditya actively trades major and minor currency pairs, commodities and indices. His blog covers practical trading tutorials, best practices, tips and current market outlooks.
