Comparison between Blue Guardian Capital and The Funded Trader Program

In this article, we will compare Blue Guardian Capital and The Funded Trader Program in general and what they offer to forex traders.

Home Β» Comparison between Blue Guardian Capital and The Funded Trader Program

In this article, we will go through what Blue Guardian Capital and The Funded Trader Program have to offer. We will compare the firms in general and what they offer to forex traders.

1. Company incorporation

Blue Guardian CapitalThe Funded Trader Program
Incorporation dateSeptember 2021May 2021πŸ’š

Blue Guardian Capital and The Funded Trader Program are legitimate proprietary trading firms. Blue Guardian Capital was incorporated in September 2021 and has become one of the most successful firms in the industry. The Funded Trader Program, on the other hand, is a relatively new proprietary trading firm incorporated in May 2021. However, despite the short period they are operating, they have made an excellent reputation for themselves and are attracting attention from forex traders worldwide.

2. Funding program options

Funding program optionsBlue Guardian CapitalThe Funded Trader Program
Two-phase evaluationβœ…βœ…

Blue Guardian Capital and The Funded Trader Program have the following funding program options that their community can choose from. Blue Guardian Capital has a two-phase evaluation, while The Funded Trader Program has a standard two-phase, rapid two-phase, and royal two-phase evaluation.

Let’s look at the comparison between their two-phase evaluation programs since both proprietary trading firms are offering them.

Two-phase funding program comparison:

Rule/GuidelineBlue Guardian CapitalThe Funded Trader Program StandardThe Funded Trader Program RapidThe Funded Trader Program Royal
Phase 1 profit target6%πŸ’š10%8%8%
Phase 2 profit target6%5%πŸ’š5%πŸ’š5%πŸ’š
Daily drawdown4%6%πŸ’š5%5%
Overall drawdown10%12%πŸ’š8%10%
Leverage100:11:60 or 1:2001:30 or 1:1001:200πŸ’š
Minimum trading days5 calendar days3 calendar daysNo minimum trading daysπŸ’š5 calendar days
Phase 1 trading period30 calendar days35 calendar daysπŸ’š35 calendar daysπŸ’š35 calendar days
Phase 2 trading period60 calendar days60 calendar days60 calendar days60 calendar days
Profit split85%80% up to 90%πŸ’š80% up to 90%πŸ’š80% up to 90%πŸ’š

Now that we have gone through their rules and guidelines for their two-phase evaluation challenges we are going to go through pricing for different account sizes.

Account sizeBlue Guardian CapitalThe Funded Trader Program StandardThe Funded Trader Program RapidThe Funded Trader Program Royal
$25,000$189❌❌❌
$50,000$306$315$299$289πŸ’š
$100,000$497πŸ’š$549$499$489πŸ’š
$200,000$897πŸ’š$949$899$939
$300,000❌❌❌$1,399
$400,000❌$1,898❌❌

3. Broker and trading platform

Now that we have gone through all of the funding programs that they are offering. Let’s compare which brokers and trading platforms you can use with each prop trading firm.

Blue Guardian CapitalThe Funded Trader Program
BrokerPurple Trading SeychellesEightcap, Purple Trading SeychellesπŸ’š
Trading platformMetaTrader 4MetaTrader 4

4. Trading instruments

Another important factor are trading instruments. Let’s see which trading instruments you can trade with Blue Guardian Capital and which with The Funded Trader Program.

Trading instrumentBlue Guardian CapitalThe Funded Trader Program
Forex pairsβœ…βœ…
Commoditiesβœ…βœ…
Indicesβœ…βœ…
Cryptoβœ…βœ…

5. Traders’ comments

The last thing we will go through is the feedback from Blue Guardian Capital and The Funded Trader Program prop firms. The reviews we will be looking at are from Trustpilot.

Trustpilot statisticsBlue Guardian CapitalThe Funded Trader Program
Rating4.4/54.9/5πŸ’š
Number of reviews862,311πŸ’š

Blue Guardian Capital has a rating of 4.4/5, while The Funded Trader Program has 4.9/5. However, the number of reviews differs immensely. Blue Guardian Capital has 86 reviews, while The Funded Trader Program has 2,311. One of the reasons behind such a significant difference is that The Funded Trader Program has been operating for almost half a year more than Blue Guardian Capital.

6. Conclusion

In conclusion, Blue Guardian Capital and The Funded Trader Program are two relatively new but excellent proprietary trading firms. The Funded Trader Program has been incorporated almost half a year before Blue Guardian Capital, which can be seen from the number of reviews on Trustpilot. Besides that, the other significant difference would be the funding options. Blue Guardian Capital offers only a two-phase evaluation, while The Funded Trader Program has a standard two-phase, rapid two-phase, and royal two-phase evaluation.

Check our discount codes and reviews about the presented proprietary trading firms to end the comparison:

Blue Guardian Capital 10% discount code: forexpropreviews

The Funded Trader Program 10% discount code: forexpropreviews

This comparison was lastly updated on 06.10.2022 at 14:08 (CE(S)T).

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