Blufx

They are technically blufx out of business, as they hope to restructure and return, blufx, but they have ceased all trading blufx for the immediate future, blufx. 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.

BluFX has gone out of business since I wrote this blog post. BluFX is a prop firm located in London. It was founded in so it already has some experience with funding traders. There are four different types of accounts that you can apply to. Each one has two versions, the Package , and the Swap Free. They are:.

Blufx

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All financial markets are inherently risky, blufx. Your email address will not be published. What makes the BluFx situation different from other prop firm failures is that BluFX had a blufx track record with more than 10 years in the business and thousands of satisfied traders.

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.

BluFX is a foreign exchange broker that works in a slightly different way to traditional brokers by introducing a subscription-based model. In doing this, BluFX aims to make trading more accessible and flexible, to offer fairer barriers to entry, provide easier processes, more freedom, better risk management, and transparency. We will be going through the […]. We will be going through the services they offer to see what they really do offer and to see if this new style of broker could be the way forward. Account Types There are two different accounts available, and we have outlined them below along with their main features. You are not able to hold trades overnight and there is no account growth. You get trading support and access to 29 different trading products. Platforms BlueFX clients can enjoy the use of MetaTrader 4, one os the most used trading platforms around the world.

Blufx

Ranked out of Trading List Check out our top brokers List. Affiliate Disclosure. There is no evaluation or verification phase, and BluFX ran into operational difficulties reminiscent of a pyramid scheme. Is BluFX a trustworthy Forex prop firm or a scam? Evaluation Fees. Asset selection. Ease of Evaluation Approval. Pros Swap-free trading accounts No minimum trading days No demo trading.

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Prop firms, by definition, use their own capital. My favorite is Topstep. For traders who opt for the Lite Account, trading is only available 6 a. BluFX ran into regulatory issues, which led to liquidity provider issues, which ultimately forced them to close against their will. In I won a forex competition, with a real money account. Next statement date 5 June due by 19 June Our mission in forex trading is to achieve consistent profitability by making informed and disciplined trading decisions. BluFX is well loved for their trading support, simple trading requirements, weekly payouts, and more. Tell us what you think of this service link opens a new window Is there anything wrong with this page? Technically no, but they have closed all trader accounts.

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.

Once the FCA published their warning, BluFX lost their liquidity provider, which meant they could no longer execute their trades. BluFX has somehow managed a 4. Can anyone join 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. We'd also like to use analytics cookies so we can understand how you use our services and to make improvements. 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. Trading is completely aligned with that. Save my name, email, and website in this browser for the next time I comment. Maybe look to one of these firms instead. All financial markets are inherently risky. All things considered. What types of accounts does BluFX offer? Start with a 6-lesson Free Trading Course.