We provide a funded account with an Australian VFSC Broker. You do not require any funds of your own. The account and all funds remain ours. We give you the login credentials and full access to the account. In return, we will share equally with you the profits you make. At the same time, you are not liable for any losses you may have.
We will provide you with a live MT4 trading platform.
Our buying power is kept $150,000 for Pro and $75,000 for Lite. This level forces a trader to develop real trading skills and to rely on those skills rather than rely on lady luck.
Psychology plays a very big part in trading success. Fear of unlimited personal loss, fear of personal ruin, fear of running out of capital are the various thought processes that overcome traders with unwanted and harmful emotions. Having access to funded accounts without personal liability is a very big step towards objective trading. This is one of the main motivators behind the BluFX Project.
Profit sharing allows the trader to be part of a team. Our interests are your interests. We are on your side.
For the Lite account our trading hours correspond to the London and New York market sessions Monday - Friday 6am to 9pm UK time. For the Pro account, traders are able to trade 24 hours Monday-Friday
The only parameter we insist on is the maximum amount of loss before we conclude that the relationship is not working. Beyond 10% loss most traders should take a big break and reconsider the whole thing
Overnight positions are available to all our Traders.
For most retail traders, turning the corner to profitability is just the start of a long journey. As there is always a cost associated with trading, making a profit regularly is not enough. One has to grow an account balance to increase profitability after the corner is turned. However, most traders would need to withdraw profits to pay for expenses.
Therefore, there is a payoff between withdrawing profits or increasing the account balance in order to take bigger positions and realise bigger profits. It's very hard to do both without taking excessive risk (usually by increasing leverage).
At BluFX you can have both. You can get paid each time you hit 5% AND we will double your account size each time you hit 10%. Growing your account by 100% now requires you to make only 10%. You will be trading a 1 million dollar fund in 4 steps. And withdrawing profits to pay expenses along the way.
Our professional traders get paid once a month like any regular job. This brings a certain stability to the sometimes chaotic lifestyle of the trader. There is no longer the urge to 'go for broke' at any given moment. The monthly accounting period helps traders set their goals and target realistic outcomes.
Why trade alone? Benefit from trader support, risk management and a knowledgeable trading community right behind you when you need it most.
You can trade any of 28 major and minor currency pairs plus Gold from your PC or your mobile devices.