My Forex Funds & Blue Guardian Two-step Comparison

In this article, we will be making a general and two-step comparison between My Forex Funds and Blue Guardian.

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In this article, we will be making a general and two-step comparison between My Forex Funds and Blue Guardian. We will compare the two mentioned proprietary trading firms in general and what they are offering to forex traders worldwide.

Company Details

Company DetailsMy Forex FundsBlue Guardian
Incorporation DateJuly 2020September 2021
CEOMurtuza KazmiSean Bainton
Office LocationToronto, CanadaWest Midlands, UK
Maximum Allocation Capital2x $300,000$400,000

My Forex Funds and Blue Guardian are both reliable and trustworthy proprietary trading firms. My Forex Funds was incorporated in July 2020, while Blue Guardian started operating in September 2021. When it comes to CEOs, Murtuza Kazmi is the CEO of My Forex Funds, while Blue Guardian is being run by Sean Bainton. My Forex Funds has offices located in Toronto, Canada, while Blue Guardian has its headquarters in West Midlands, UK. And lastly, when it comes to the maximum allocation capital, traders can manage 2x $300k two-step evaluation accounts with My Forex Funds, while with Blue Guardian, traders can obtain funding up to $400k. Note that both proprietary trading firms also have a scaling plan.

Funding Program Options

Funding Program OptionsMy Forex FundsBlue Guardian
One-step Evaluation
Two-step Evaluation
Instant Funding

My Forex Funds and Blue Guardian both offer multiple funding programs to forex traders worldwide. My Forex Funds offers a unique one-step evaluation, a two-step evaluation, and an instant funding program. Blue Guardian, on the other hand, offers two two-step evaluations and a one-step evaluation.

That being said, let’s take a look at the comparison of the two-step evaluation programs.

Two-step Comparison:

Trading Rules/ObjectivesMy Forex FundsBlue Guardian (Elite)Blue Guardian (Unlimited)
Phase 1 Profit Target8%8%8%
Phase 2 Profit Target5%4%4%
Daily Drawdown5%4%4%
Overall Drawdown12%10%8%
Minimum Trading Days5 calendar days5 calendar daysNo minimum trading days
Trading PeriodStep 1: Unlimited
Step 2: Unlimited
Step 1: Unlimited
Step 2: Unlimited
Step 1: Unlimited
Step 2: Unlimited
Profit Split75% up to 90%85%85%

Now that we have covered all the rules and guidelines of the two-step evaluation. Let’s take a closer look at prices.

Account SizeMy Forex FundsBlue Guardian (Elite)Blue Guardian (Unlimited)

Brokers & Trading Platforms

After covering all the trading objectives, rules, and pricing, let’s take a closer look at brokers and trading platforms that we can use with each proprietary trading firm.

My Forex FundsBlue Guardian
BrokerTraders Global GroupEightcap, Purple Trading Seychelles
Trading PlatformMetaTrader 4, MetaTrader 5MetaTrader 4, MetaTrader 5

Trading Instruments

Another important factor when comparing proprietary trading firms is trading instruments. Below you can see which trading instruments we can trade with My Forex Funds and Blue Guardian.

Trading InstrumentMy Forex FundsBlue Guardian
Forex Pairs

Community Feedback

The last topic we will go through is community feedback from My Forex Funds and Blue Guardian. We will be looking at feedback from Trustpilot regarding both proprietary trading firms.

Trustpilot StatisticsMy Forex FundsBlue Guardian
Number of Reviews16,913544

My Forex Funds has a rating of 4.8/5 out of a total of 16,913 reviews, while Blue Guardian has a rating of 4.8/5 out of 544 reviews. Based on the statistics, we can clearly see that My Forex Funds is the more popular proprietary trading firm at the moment.


In conclusion, My Forex Funds and Blue Guardian are two excellent proprietary trading firm choices for any trader. We can see some clear differences regarding the trading rules and objectives, prices, and community feedback. In addition, we can also see that there is a difference regarding funding program options since My Forex Funds offers the following three: one-step evaluation, two-step evaluation, and instant funding. On the other hand, Blue Guardian offers two two-step evaluations and a one-step evaluation.

We will be ending the comparison with our special discount codes for each of the two compared proprietary trading firms. You can find both discount codes below!

My Forex Funds 5% active discount code: forexpropreviews5

Blue Guardian 10% active discount code: forexpropreviews

This comparison was lastly updated on 11.08.2023 at 13:02 (CE(S)T).

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