BluFx Review (15% cashback)
4.0

BluFx Review (15% cashback)

BluFX instantly funds their traders in exchange for a monthly subscription, making them unique compared to other prop firms requiring different challenge completions. You can choose from two different account sizes. Join the BluFX revolution.
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BluFX is a proprietary firm that has started developing in 2015. The company owner is Yu Song, who has had quite a journey with trading and has acquired a lot of experience throughout the years.

Pros
  • Receive a position as a fund manager
  • Receive $35,000 monthly salary
  • Excellent Trustpilot rating of 4.3/5
  • Instant funding
  • Account growth feature
  • Real accounts
  • Maximum capital allocation $1,000,000
  • Weekly payouts
  • Overnight holding allowed
Cons
  • Maximum trade size for each trading instrument
  • Low leverage
  • High monthly fees
  • Profit share 50%
  • A small amount of trading instruments (forex pairs & Gold)
  • Low leverage 3:1

Traders at BluFX are encouraged to succeed in their careers. The main priority that they expect from their clients is that they are disciplined individuals who focus on long-term consistency. They allow them to earn high profits by managing real account sizes up to $1,000,000 and taking home profit splits of up to 50%. They can achieve this by trading Forex pairs and Gold.

Once you reach 1,000,000 USD of capital you become their Fund Manager with a salary of 35,000 USD per month.

Who are BluFX?

BluFX is a proprietary firm incorporated on the 14th of June, 2017. They are located in London, UK, and offer undercapitalized traders up to $1,000,000 in funding with a profit split of 50%. You can start with a $10,000, $25,000, $50,000, or $100,000 real account, which you then continue to scale. They are partnered with a tier-1 liquidity provider that gives direct market access as their broker.

They are an officially registered UK company based in London, which you can see on Companies’ house records.

They were incorporated on the 14th of June 2017 by Yu Song.

Video review

Funding program options

BluFX offers its clients instant funding with a chance to choose a real account with a balance of $10,000, $25,000, $50,000, or $100,000. You can choose between the following account packages:

  • Mini lite package; $10,000 account for $99 per month,
  • Swap-free mini lite; $10,000 account for $129 per month,
  • Lite package; $25,000 account for £159 per month,
  • Swap-free lite; $25,000 account for £219 per month,
  • PRO package; $50,000 account for £369 per month,
  • Swap-free PRO; $50,000 account for £489 per month,
  • Super PRO; $100,000 account for $1,099 per month,
  • Swap-free Super PRO; $100,000 account for $1,239 per month.

Mini Lite package, Lite package, PRO package, and Super PRO package are basic instant funding accounts. You can scale up the PRO package accounts to $1,000,000. You should consider the trading hours between 6 am – 9 pm for the Lite packages. To scale up the PRO package accounts, you are required to reach a Profit Target of 10% to do so with a withdrawal target of 5%, meaning that you need at least a Profit of 5% to make a withdrawal request. You are rewarded with a profit split of 50% while trading forex pairs and gold with 3:1 leverage. Overnight positions are allowed.

Swap-free Mini Lite, Swap-free lite, Swap-free PRO, and Swap-free Super PRO packages are instant funding accounts that differ from the other two basic instant funding accounts by having a swap-free feature. You can scale up the Swap-free PRO accounts to $1,000,000. You should consider the trading hours between 6 am – 9 pm for the Swap-free lite accounts. To scale up the PRO package accounts, you are required to reach a Profit Target of 10% to do so with a withdrawal target of 5%, meaning that you need at least a Profit of 5% to make a withdrawal request. You are rewarded with a profit split of 50% while trading forex pairs and gold with 3:1 leverage. Overnight positions are allowed.

They are offering two scaling features: 

  • Rapid Growth

Rapid Growth features a scaling plan to reach a $1,000,000 account in balance by completing four stages. For each step, you are required to achieve a Profit Target of 10% while not going below the maximum drawdown of 10%. After reaching stage four, you no longer have to pay the subscription fee, you will also become eligible for withdrawals of a minimum of 5% profit, and you can hold positions over the weekends. By breaching the mandatory 10% maximum drawdown limit, you will be rolled back to lower funding stages.

  • Steady growth

Steady Growth features a scaling plan to reach a $1,000,000 account in balance by completing six stages. For each step, you are required to achieve a Profit Target of 10% while not going below the maximum drawdown of 10%. Each time you complete a stage and hit a profit target of 10%, you withdraw 5% at a profit split of 50% and keep the other 5% to move on to the next stage. After reaching stage six, you become a fund manager, you no longer have to pay the subscription fee, and you can hold positions over the weekends. By breaching the mandatory 10% maximum drawdown limit, you will be rolled back to lower funding stages.

What makes BluFX different from any other prop firm?

BluFX is different from most industry-leading prop firms due to having instant funding with two various growth features. Unlike most firms, BluFX doesn’t have a one-time fee for their accounts but has a fixed monthly subscription fee that every client is obliged to pay depending on the account they choose. Another significant difference is that they offer real accounts, not demo accounts.

Compared to other prop firms, BluFX also offers a low 3:1 leverage and a profit target of 10% to scale up your PRO packages, or Swap-free PRO accounts up to $1,000,000. Comparing that to other firms that have 2 Phase Evaluation Processes like FTMO, My Forex Funds, and True Forex Funds, this makes it less difficult to achieve successfully and start getting weekly withdrawals.

Another difference from most prop firms is that you can request your payouts weekly if you have hit the 5% withdrawal target, which means every seven days with a profit split of 50%.

In conclusion, many different strategies can acquire funding from BluFX, but you are required to consider their rules and the fact that you have to pay a monthly subscription fee depending on the account that you choose.

Is getting BluFX capital realistic?

It’s essential to see how realistic the trading requirements are when looking at prop firms that best suit your forex trading style. For example, a company offering a high % profit split on a highly funded account sounds great, but if they expect high % gains per month with low % maximum drawdowns, your chances of success become close to zero.

After considering all of that, BluFX is a great choice to get funded with. Since you get instant funding with no evaluation phases, you can scale your PRO account types up to $1,000,000.

The rules of the scaling process are pretty simple. You have a Rapid and a Steady growth feature in which you need to complete four stages for Rapid and six stages for Steady to get a balance of $1,000,000. You have to respect the 10% maximum drawdown rule while also trading overnight. After getting to the $1,000,000 mark, you become a fund manager and can withdraw your funds every time you reach a profit of 5% while also trading over the weekends.

Payment proof

BluFX was incorporated on the 14th of June, 2017. Traders are eligible for weekly payouts upon hitting their 5% withdrawal limit.

You can watch interviews with their traders for additional payment proof on their Youtube channel. For example, watch the two videos listed below:

Which brokers does BluFX use?

BluFX doesn’t trade with common broker brands. They trade directly through a tier-1 liquidity provider that gives direct market access as their broker.

As for trading platforms, they allow you to trade on cTrader.

Trading instruments

BluFX allows you to trade forex pairs and gold with 3:1 leverage.

FOREX:EURUSDEURGBPEURJPYEURCADEURCHF
USDJPYUSDCADUSDCHFCHFJPYCADCHFCADJPY
GBPUSDGBPJPYGBPCADGBPCHFEURAUDEURNZD
GBPAUDGBPNZDAUDUSDAUDNZDAUDCADAUDCHF
AUDJPYNZDUSDNZDJPYNZDCHFNZDCAD
METALS:XAUUSD

Trading fees

Trading commission:

AssetsFee terms
FOREX 0 USD / LOT
METALS 0 USD / LOT

Spread:

In order to check the live spreads login to the trading account below:

PlatformServerLogin numberPasswordDownload platform
cTrader

Education & Support for traders

BluFX does not provide any educational content on its website.

On the other hand, they have a lot of educational content on their Youtube channel where you can find various interviews with their traders, weekly market analyses, and some general educational videos about specific trading knowledge.

While BluFX doesn’t have their thread on ForexFactory, they have been mentioned numerous times in another thread named ‘’PROP FIRM HUB’’ made by a user named Masterrmind.

To see the mentioned thread click here.

Traders’ comments about BluFX

BluFX has excellent feedback from reviews.

On Trustpilot, they have a large variety of their community commenting and giving positive feedback with a great score of 4.5/5 out of 861 reviews. They also have a reliable support team that will provide you with all the necessary information you require from them or if you are unsure of anything.

Their clients mention their excellent customer support service and their prompt reaction to their requests, which is always a significant bonus for every trader.

Another positive feature their traders praise is the weekly payout system, which allows them to withdraw each week upon hitting the 5% withdrawal profit target.

Social media statistics

BluFX can also be found on social media.

They have a:

  • Facebook page with 371,702 followers,
  • Instagram account with 11,1k followers,
  • Youtube channel with 21,8k subscribers and 249 uploaded videos, and
  • 8 Telegram accounts.

In addition, BluFX also has a Discord channel made for their community, so be sure to join them.

Support

BluFX has a FAQ page where you might find the missing information.

The support team is available on their social media, or you can directly contact them on their email info@blufx.co.uk.

Conclusion

In conclusion, BluFX is a legitimate proprietary firm offering instant funding for traders worldwide. With a chance to choose a funding account of $10,000, $25,000, $50,000, or $100,000 with an opportunity to scale up to $1,000,000 while being rewarded with a 50% profit split. Upon successfully reaching the 5% withdrawal profit target, you are also eligible for weekly payouts.

I would recommend BluFX to anyone who has been reaching consistent results for a while and is looking to scale up his capital. They offer excellent conditions with instant funding and a straightforward scaling plan. Compared to FTMO, My Forex Funds, Lux Trading Firm, and True Forex Funds, this is a significant difference since all of them require the completion of some sort of an Evaluation Process.

This review about BluFX was lastly updated on 09.11.2022 at 09:38 (CE(S)T).

So, what do you think about the layout of the Proprietary Trading firm? Does BluFx have the instruments that you want to trade?

Let us know if you enjoyed our BluFx Proprietary Trading firm review!

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BluFx Review (15% cashback) Details

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4.0
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