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.
- Receive a position as a fund manager
- Receive $35,000 monthly salary
- Over 1k Trustpilot reviews with a great score of 4.2/5
- Instant funding
- Account growth feature
- Real accounts
- Maximum capital allocation $1,000,000
- Weekly payouts
- Overnight holding allowed
- Maximum position size for each trading instrument
- High monthly fees
- Profit share 50%
- A small amount of trading instruments (forex pairs & gold)
- Low leverage up to 1:3
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.
Who is the CEO of BluFX?
Yu Song is the founder and CEO of BluFX. In addition, he is also a leading Venture Capital investor within the Fintech and Whisky sectors. He has found success with investing in and launching cutting-edge financial trading operations with particular emphasis on technological innovation within the proprietary trading firm industry.
His second sector, the Whisky industry, has also been very successful. He has invested in several whisky projects, mainly in Scotland and a couple of other parts of the world. Yu Song holds a lot of experience in financing, operating, and branding, which he gained in many industries throughout the years. He also holds a Degree in Computing Science, which he obtained by finishing his education at King’s College in London.
Anyone interested in following Yu Song can do so by following his Twitter and LinkedIn. This way, you will be able to see more of his posts and what he’s up to on a daily basis.
Video review
Funding program options
BluFX offers its traders two instant funding program types to choose from:
- Instant funding program accounts
- Subscription package instant funding program accounts
- Swap-free subscription package instant funding program accounts
Note that the only difference between the subscription package and swap-free subscription package instant funding program accounts is the price and the fact that the swap-free subscription package instant funding program accounts have no swap fees on market rollovers.
Subscription package instant funding program accounts
BluFX’s subscription package instant funding program account allows traders to skip the evaluation and start earning from the start. You should only focus on not surpassing the 10% maximum loss rule. You are eligible to be awarded a 50% profit split every time you reach the withdrawal target of 5% while trading with up to 1:3 leverage.
It is important to note that the Mini Lite package and Lite package differentiate from the PRO package and the Super PRO package by the following trading objectives and rules:
| Trading Objectives | Mini Lite/Lite package | PRO/Super PRO package |
|---|---|---|
| Rapid growth | No scaling | Scaling up to $1M (4 steps) |
| Steady growth | No scaling | Scaling up to $1M (6 steps) |
| Trading hours (Monday to Friday) | 6 AM – 9 PM UTC | 24 hours |
| Price | $99/$159 per month | $369/$1,099 per month |
Subscription package instant funding program account scaling plan
Subscription package instant funding program accounts also have a scaling plan. However, only the PRO and Super PRO package instant funding program account. To become eligible to scale your account, the only requirement is to reach a profit target of 10%. You are eligible to scale your account when you reach the profit target. Note that you are able to scale your PRO or Super PRO package instant funding program account with Rapid Growth or Steady Growth.
Rapid Growth means that you can scale your instant funding program up to $1M capital in only four steps. You can do so by reaching a profit target of 10% and keeping the entire profit in your account to move to the next step.
| Stage | Starting Account Balance | Profit Target | Scaled Account Balance |
|---|---|---|---|
| Stage 1 | $50,000 | $5,000 | $105,000 |
| Stage 2 | $105,000 | $10,000 | $215,000 |
| Stage 3 | $215,000 | $20,000 | $1,035,000 |
| Stage 4 | $1,035,000 | – | – |
After reaching stage 4, you become a Fund Manager and are now able to request a profit split on anything above the trading balance, and you are also able to hold positions over the weekend. Additionally, you no longer have to pay the monthly subscription fee. Also note that by breaching the mandatory 10% maximum loss limit, you will be rolled back to a lower funding stage.
Steady Growth, on the other hand, means that you can scale your instant funding program up to $1M capital in six steps. You can do so by reaching a profit target of 10% and withdrawing 5% of the profits while keeping the other 5% in your account to move to the next step.
| Stage | Starting Account Balance | Profit Target (10%) | Scaled Account balance |
|---|---|---|---|
| Stage 1 | $50,000 | $5,000 | $75,000 |
| Stage 2 | $75,000 | $7,500 | $100,000 |
| Stage 3 | $100,000 | $10,000 | $150,000 |
| Stage 4 | $150,000 | $15,000 | $200,000 |
| Stage 5 | $200,000 | $20,000 | $300,000 |
| Stage 6 | $300,000 | $30,000 | $1,000,000 |
After reaching stage 6, you become a Fund Manager and are now able to request a profit split on anything above the trading balance, and you are also able to hold positions over the weekend. Additionally, you no longer have to pay the monthly subscription fee. Also note that by breaching the mandatory 10% maximum loss limit, you will be rolled back to a lower funding stage.
Trading instruments for the subscription package instant funding program accounts are forex pairs and gold.
Subscription package instant funding program account rules
- Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account. The profit target for withdrawal is 5%, while the profit target for scaling is 10%.
- Maximum loss is the maximum loss a trader can reach overall before the account is violated. All account sizes have a maximum loss of 10%.
- Lot size limit requires traders to follow specified lot sizes for specific trading instruments. These are most usually set based on the initial account balance of the prop firm account.
- No weekend holding means that traders are not allowed to hold open positions during the weekends. Only Fund managers are able to hold positions over the weekend.
- No copy trading allowed means that traders are not allowed to use any type of copy trading services.
- No EAs allowed means that traders are not allowed to use any type of EA services.
Swap-free subscription package instant funding program accounts
BluFX’s swap-free subscription package instant funding program account allows traders to skip the evaluation and start earning from the start. You should only focus on not surpassing the 10% maximum loss rule. You are eligible to be awarded a 50% profit split every time you reach the withdrawal target of 5% while trading with up to 1:3 leverage.
It is important to note that the swap-free Mini Lite package and swap-free Lite package differentiate from the swap-free PRO package and the swap-free Super PRO package by the following trading objectives and rules:
| Trading Objectives | Swap-free Mini Lite/Lite package | Swap-free PRO/Super PRO package |
|---|---|---|
| Rapid growth | No scaling | Scaling up to $1M (4 steps) |
| Steady growth | No scaling | Scaling up to $1M (6 steps) |
| Trading hours (Monday to Friday) | 6 AM – 9 PM UTC | 24 hours |
| Price | $99/$159 per month | $369/$1,099 per month |
Swap-free subscription package instant funding program account scaling plan
Swap-free subscription package instant funding program accounts also have a scaling plan. However, only the swap-free PRO and swap-free Super PRO package instant funding program account. To become eligible to scale your account, the only requirement is to reach a profit target of 10%. You are eligible to scale your account when you reach the profit target. Note that you are able to scale your swap-free PRO or swap-free Super PRO package instant funding program account with Rapid Growth or Steady Growth.
Rapid Growth means that you can scale your instant funding program up to $1M capital in only four steps. You can do so by reaching a profit target of 10% and keeping the entire profit in your account to move to the next step.
| Stage | Starting Account Balance | Profit Target (10%) | Scaled Account Balance |
|---|---|---|---|
| Stage 1 | $50,000 | $5,000 | $105,000 |
| Stage 2 | $105,000 | $10,000 | $215,000 |
| Stage 3 | $215,000 | $20,000 | $1,035,000 |
| Stage 4 | $1,035,000 | – | – |
After reaching stage 4, you become a Fund Manager and are now able to request a profit split on anything above the trading balance, and you are also able to hold positions over the weekend. Additionally, you no longer have to pay the monthly subscription fee. Also note that by breaching the mandatory 10% maximum loss limit, you will be rolled back to a lower funding stage.
Steady Growth, on the other hand, means that you can scale your instant funding program up to $1M capital in six steps. You can do so by reaching a profit target of 10% and withdrawing 5% of the profits while keeping the other 5% in your account to move to the next step.
| Stage | Starting Account Balance | Profit Target (10%) | Scaled Account Balance |
|---|---|---|---|
| Stage 1 | $50,000 | $5,000 | $75,000 |
| Stage 2 | $75,000 | $7,500 | $100,000 |
| Stage 3 | $100,000 | $10,000 | $150,000 |
| Stage 4 | $150,000 | $15,000 | $200,000 |
| Stage 5 | $200,000 | $20,000 | $300,000 |
| Stage 6 | $300,000 | $30,000 | $1,000,000 |
After reaching stage 6, you become a Fund Manager and are now able to request a profit split on anything above the trading balance, and you are also able to hold positions over the weekend. Additionally, you no longer have to pay the monthly subscription fee. Also note that by breaching the mandatory 10% maximum loss limit, you will be rolled back to a lower funding stage.
Trading instruments for the swap-free subscription package instant funding program accounts are forex pairs and gold.
Swap-free subscription package instant funding program account rules
- Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account. The profit target for withdrawal is 5%, while the profit target for scaling is 10%.
- Maximum loss is the maximum loss a trader can reach overall before the account is violated. All account sizes have a maximum loss of 10%.
- Lot size limit requires traders to follow specified lot sizes for specific trading instruments. These are most usually set based on the initial account balance of the prop firm account.
- No weekend holding means that traders are not allowed to hold open positions during the weekends. Only Fund managers are able to hold positions over the weekend.
- No copy trading allowed means that traders are not allowed to use any type of copy trading services.
- No EAs allowed means that traders are not allowed to use any type of EA services.
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 unique 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 type and size that they choose.
Compared to other prop firms, BluFX has instant funding programs. You can choose between a subscription package and a swap-free subscription package instant funding program accounts. These accounts have a withdrawal profit target of 5%, a scaling profit target of 10%, and a 10% maximum loss limit. Additionally, you should note that you have a lot size limitation rule. You also aren’t allowed to hold trades during the weekends while also not being able to use any copy trading services or EAs. Both instant funding programs have a scaling plan with two different growth systems. Compared to other industry-leading proprietary trading firms, they have a monthly subscription fee and very low leverage. However, they do have a very attractive scaling plan.
In conclusion, BluFX differs from other industry-leading prop firms by offering two instant funding program types that traders can choose from. In addition, when it comes to prices, they have a monthly subscription fee for all of their instant funding accounts, while traders have a lot size limitations and can trade with low leverage of 1:3.
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.
Receiving capital from instant funding program accounts is realistic since you can choose from standard subscription and swap-free subscription accounts where you can start earning from the start when you reach your first withdrawal profit target. The instant funding program requires you to hit a profit target of 10% while not surpassing the 10% maximum loss rule.
After considering all of that, BluFX is an excellent choice to get funded since you have two instant funding programs you can choose from that have realistic trading objectives to follow and conditions to receive payouts with the potential to scale up to $1,000,000 in capital.
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:
In addition, you can also find payment proof on their Discord channel:
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 1:3 leverage.
| FOREX: | EURUSD | EURGBP | EURJPY | EURCAD | EURCHF |
| USDJPY | USDCAD | USDCHF | CHFJPY | CADCHF | CADJPY |
| GBPUSD | GBPJPY | GBPCAD | GBPCHF | EURAUD | EURNZD |
| GBPAUD | GBPNZD | AUDUSD | AUDNZD | AUDCAD | AUDCHF |
| AUDJPY | NZDUSD | NZDJPY | NZDCHF | NZDCAD |
| METALS: | XAUUSD |
Trading fees
Trading commission:
| Assets | Fee terms |
|---|---|
| FOREX | 0 USD / LOT |
| METALS | 0 USD / LOT |
Spread:
In order to check the live spreads login to the trading account below:
| Platform | Server | Login number | Password | Download 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 great feedback from reviews.
On Trustpilot, they have a large variety of their community commenting and giving positive feedback with a great score of 4.2/5 out of 1,055 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 trading firm that offers traders a chance to choose between two instant funding programs: Standard subscription and Swap-free subscription packages.
Both instant funding program types are actually direct funding programs that allow you to skip the evaluation period and jump directly into trading a funded account and earning weekly profit splits. However, note that you have a withdrawal profit target of 5% and a scaling profit target of 10% on both instant funding program types. With instant funding programs, you can earn 50%profit splits while also being able to scale your accounts. However, you are only able to scale your PRO and Super PRO package accounts of both subscription types. Note that the only difference between the subscription package and swap-free subscription package instant funding program accounts is the price and the fact that the swap-free subscription package instant funding program accounts have no swap fees on market rollovers.
I would recommend BluFX to anyone who is looking for a prop firm with instant funding programs. They are a reputable proprietary trading firm with great conditions for traders worldwide. After considering everything BluFX has to offer, we can easily say that they are a very attractive proprietary trading firm for anyone who is looking for an instant funding program to trade on.
This review about BluFX was lastly updated on 25.05.2023 at 08:21 (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?
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Thumbs up for the review; thoroughly enjoyed. However, allow me to chip in some updates..
1. Lite account subscribers can now hold trades overnight..
2. Ea’s, Robots and Scripts are not allowed.
3. BluFx uses a broker named Eternity Global; spreads on this broker varies from 1-3 pips depending on the currency pairs you’re trading. Broker charge swaps but no commissions.
4. Traders can pay for a package via bank card, crypto, paypal and perfect money. They can also withraw via bank wire transfer, paypal, perfect money, USDT or ERC20 address.
5. BluFx do not place restrictions on traders geographically. They have traders from over 140 countries. It is up to the trader to make sure of compliance with local regulations.
Cheers…
Thank you for your comment!
Outstanding comment 👍
Only would like to point out to ForexPropReviews team that the information regarding overnight holding hasn’t been rectified: all accounts are entitled to hold positions overnight – actually not only that but also manage any positions overnight (i.e. adjust SL/TP, close partially or fully…).
What isn’t allowed (on the Mini/Lite accounts) is opening any new positions from 21:00 to 06:00 UTC (i.e London time at this time, one hour behind London Summer Time).
In short, and unless things have changed a lot and somehow I’m actually out of the loop here, from personal experience I can attest that this rule has always been as described above – on mini/lite accounts, overnight holding (but not over weekend) is totally allowed 24/5 – as long as the position was opened on a long or short trade executed within the allowed trading hours; clearly they are fine with swing trades on all accounts, even more so considering their super low leverage, and the only restriction is that the two lower-capital accounts don’t allow freely trading during the Asian session (and also don’t offer scaling up), however as long as the trade was executed and the position opened during trading hours, keeping it open e.g. from 6 AM UTC on Monday until one minute prior to the Friday close, that is totally allowed (overweekend restriction applies to everyone, and is only lifted for fund managers i.e. fully scaled up traders).
You are correct. We have updated the trading rules regarding the overnight holding accordingly, thank you for your comment.
I am very happy with BluFx, only leverage could be higher. I would rate it with 4.5/5 star 🙂
Just received my REAL account, 5 min after payment.
Great instant funding firm
awesome scaling plan. this firm has very good potential
Very good prop firm and legit!
cTrader is an excellent addition to their funding program, best trading platform for sure
Hands down the best scaling plan in the industry
Very good scaling plan, I just wish they would up the leverage…
I love what BluFX has to offer!
The only two cons for me are the monthly fees and the low leverage…
great additional $10k account size
however $100k account is very expensive
what is the lot size for $10000 mini lite package on blufx