Blufx

BluFX has blufx out of business since I wrote this blog post. BluFX is a prop firm located in London.

As of early , BluFX has yet to return in any form, and I think it is safe to say that it will not do so. Over the course of about five months, BluFX went from an industry leader with more than 20, accounts in countries to its undignified end. Once the FCA published their warning, BluFX lost their liquidity provider, which meant they could no longer execute their trades. In mid-December, BluFX suspended accounts and asked for patience while they found a new provider. Eventually they did, but by this point traders had been stuck on the sidelines for more than a month. When they finally did get up and running again, BluFX was faced with a number of withdrawal requests, very few if any new traders, and a tarnished reputation. There was also still no resolution with the FCA, which took the additional step of shutting down the blufx.

Blufx

They are technically not out of business, as they hope to restructure and return, but they have ceased all trading operations for the immediate future. As much as I love BluFx, they have had some recent issues that give me pause. In December they lost their liquidity provider and traders were unable to execute trades for nearly three weeks. This is a good time to look at other great prop firms. Most traders who sign up with BluFX do so because they love how quickly they get funded, but BluFX is also ideal for traders looking for a long term partnership. BluFX is also ideal for those who value simplicity. BluFX keeps traders in the game and gives them more of a chance to prove their abilities than most prop firms. Although BluFX has a good trading support team to guide you through any problems you may encounter, they do not offer any sort of beginner level education for brand new traders. Learn the forex market first, then sign up with BluFX. BluFX was founded by Yu Song, who wanted to give the best traders access to capital regardless of their financial or socioeconomic backgrounds. In the 10 years since Yu Song started BluFX they have funded more than 20, traders in different countries. BluFX works a lot like any prop firm that offers funded accounts, although BluFX tends to keep things much simpler than most of their competitors. Most prop firms make things so complicated that this is usually one of the longest sections of my reviews, but with BluFX, the explanation is simple. Make the first of your monthly subscription payments and send the necessary documentation.

BluFX works a lot like any prop firm that offers funded accounts, although BluFX tends to keep things much simpler than most blufx their competitors. Mision Our mission in forex trading is to achieve consistent profitability by making informed and disciplined trading decisions, blufx.

Our success is centred around miscellaneous core values. Values that include providing competitive brokerage fees through tight spreads, ensuring lightning-fast execution, access to advanced trading platforms with an extensive portfolio of financial products, and exceptional customer service.. Your investments are shielded from any financial turmoil that may affect our company. Regular audits and reporting confirm. Our mission in forex trading is to achieve consistent profitability by making informed and disciplined trading decisions. Excellence is at the core of Blufx's vision. The company aspires to provide top-tier trading services, excellent customer support.

Because the forex market offers such high leverage, it can draw many newer traders with significantly lower trading money. It can take a while to build up trading money to the point where you can truly make a living from the forex markets or trade full-time, and most traders will never succeed in doing so. Prop firms step in at this point to provide capital for forex traders in exchange for a cut of the earnings One of the top prop firms in the world, BluFX offers a subscription model in exchange for immediate account financing, which sets it apart from other prop firms on the market. Hopefully this can help you to decide if this is the right funded trading program for you. BluFx, a forex prop firm founded in , has attracted a lot of interest from the sector in recent months. Yu Song is the owner of the business, according to the website. He outlines the journey he underwent while learning to trade as well as the adventure he underwent when expanding the business. Instead of having to complete a skill-based challenge as you would with FTMO, BluFx gives huge accounts to forex traders in exchange for a monthly subscription. Because of this, they stand out from the competition and have received a lot of support from the internet community.

Blufx

BlueFX never stands still, continually innovating to make the trading experience seamless, intuitive and user-friendly. BlueFX offers Electronic Communication Network technology, which seeks to guarantee that traders always trade under the best trading conditions. Any asset is within your reach BlueFX offers a variety of over assets including Currencies, metals, Cryptocurrencies and Stocks. Diversify your investment portfolio with us! Be the professional with BlueFX The professional team will provide you with trading strategies, analysis methods and much more. Financial Markets by TradingView. Install the mobile application on your iOS or Android device to access the financial markets whenever you want! BlueFX contributes to the Maltese Investor Compensation Scheme, which serves as a limited safety net for certain classes of investors in the event of a participant, such as BlueFX, becoming insolvent.

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London time on weekdays. Trade the Global markets with us. This site and its educational mission are funded by affiliate commissions. With LivingFromTrading I'm passing to you all the knowledge that I wished to have received when I was struggling to crack the markets. Log In Get Started. Start with a 6-lesson Free Trading Course. Good prop trading firms are pretty amazing when you think about it. You can though modify, close or carry positions overnight. BluFX gives you access to a popular trading platform used by Forex brokers, cTrader, which is a great platform. Sorry for disturbing you. Prop firms, by definition, use their own capital.

In this first table, we compare the year where each prop firm was founded, where their offices are located, and how much balance you can get to trade after scaling when applicable. I divided the list into two parts to show CFDs products and Futures products.

For their anniversary, BluFX is offering a special account that charges a one-time fee, which differs from their typical subscription model. BluFX is a prop firm located in London. How can I start without money to be part of your trading Reply. Of course, since BluFX charges a monthly subscription fee, it can add up, particularly if you are languishing just below profitability for months at a time. I personally put a lot of faith in BluFX and hope that they can make good on their promise to pay off any outstanding trader balances. For instance, most firms charge a one-time fee. News and Information. What are BluFX trading hours? Testimonials: Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success. Values that include providing competitive brokerage fees through tight spreads, ensuring lightning-fast execution, access to advanced trading platforms with an extensive portfolio of financial products, and exceptional customer service..