Blue Guardian Review

The short answer

Blue Guardian runs two catalogs, and the figures at the top of this page cover both. A CFD challenge lists at $32 to $2,200 depending on program and size. A futures plan lists at $64 to $824. The two sides share a name and very little else, so read only the half you are buying.

To pass a CFD challenge you need the profit target and the program minimums. On futures the cheaper Reserve setup carries a daily loss limit, $1,700 at $100,000, and the dearer one has none, which is the clearest example of how the price here buys a rule rather than a discount.

Once funded you keep 80% to 90% on the CFD side. The minimum payout is $100 by crypto or $500 by bank transfer, and Blue Guardian says payouts are processed within 24 business hours. Every CFD payout loses a 3% fee.

The thing to check before you buy is that some rules only start once you pass. Funded CFD accounts restrict news trading, and futures Standard adds a consistency rule that does not apply during the test.

How it works

Blue Guardian runs two catalogs that share a name and little else. The CFD programs are priced and limited in percentages of the account, the futures programs in dollars, and each side has its own platforms and payout rules. The two sections below set out each catalog program by program.

CFD programs

Blue Guardian sells three main CFD programs. They differ on how you qualify, how the loss limit moves and what you may trade once funded. The figures are percentages of the account balance.

Blue Guardian also sells cheaper Nano versions of the evaluation programs, a one-time $5,000 Instant Starter account and older legacy programs. This review covers the three main programs above.

Futures programs

Blue Guardian sells four futures programs. Each puts its hardest rule at a different stage, which is what separates them. The figures below are for a $100,000 account.

All four futures plans pay a 90% split and allow news trading. Every dollar limit in the table changes with account size, while the consistency percentages hold at the same rate at every size: on a $150,000 Standard account, for example, the target is $9,000, the overall limit $5,000 and the daily limit $3,000, and a $25,000 Standard account has no daily limit. At $100,000, positions are capped at 8 minis or 80 micros.

How much does Blue Guardian cost?

Prices below are list prices. Blue Guardian runs a promotion most of the time and shows the discounted figure beside the list one, so treat the list price as the real price and save the order summary when you buy. The CFD catalog:

The 1 Step costs less than the 2 Step at every size above $5,000, and more at $5,000 itself. There is also an Instant Starter, sold at $5,000 only, for $14.67 at checkout. It buys one payout, capped at $250, and it can be bought once per trader.

The futures catalog uses its own sizes, and its four plans are sold as five priced setups because Reserve comes two ways:

Two things in that table are worth a second look. The two Reserve columns are the same plan, and the cheaper one is the one that adds a daily loss limit, which runs $600, $1,200, $1,700 and $3,000 as the account size rises, so the extra money buys the removal of a rule. And Standard is dearer than Express at every size except $150,000, where the order flips.

Five more costs sit outside both tables:

• On futures Reserve, a lower price can mean an extra rule. The daily loss limit option is the cheaper setup at every size, and no limit costs more. That is a trade, not a discount.
• Instant and Direct charge for a funded account, not a test, so their prices are not comparable with the evaluation programs.
• Blue Guardian’s own pages disagree on refunds. Its refund policy says no refunds “under any circumstances” once login details are emailed. Its help center says the evaluation fee is refunded after your fourth payout, for accounts bought from 21 January 2026. Get the answer in writing before paying.

The Refund Policy closes the window at the moment the account is delivered:

Once a purchase has been made and the evaluation credentials have been emailed to the customer, no refunds under any circumstances will be accepted. Customers have the ability to “try before you buy” as noted above and can clearly have a full experience and know what to expect prior to purchasing a trading challenge.

The window closes when the credentials are emailed, so it is the delivery that ends it rather than any period of time. And the “try before you buy” the clause leans on is never set out: the phrase points back to something “noted above” that is not above it, and nothing in the Refund Policy, the Evaluation Terms or the Privacy Policy describes a trial of any kind. A buyer is told they have already had their chance to try the product, without being told what that chance was.

• Every CFD payout loses a 3% processing fee.
• Reset prices are not listed in Blue Guardian’s program rules.

Platforms and trading conditions

Blue Guardian lists seven platforms, but no buyer gets all seven. The CFD and futures sides use different ones:

The rules that matter

The rule that matters most at Blue Guardian is not the one you pass under. On both sides of the catalog, a rule can appear or tighten after you qualify. The two sections below show how that works on CFDs and on futures.

CFDs: passing can tighten the account

On 1 Step Standard, leverage halves from 1:100 to 1:50 once you are funded. On every funded CFD account, you may not open or close trades in the 5 minutes before and after high-impact news. The restriction appears only once you are funded, so a strategy built around announcements can pass the test and then be shut out of the events it was built for.

The overall loss limit is also different by program. On a $100,000 account:

The one-step program asks for more profit against less room, and its limit moves. A trader who closes a day $4,000 up has not banked $4,000 of safety on 1 Step, because the trailing line moves up with the account. On 2 Step the line stays where it started. Blue Guardian does not say what the trailing line follows (balance, equity or an intraday high), so ask before sizing positions.

Futures: a rule can appear after passing

Futures Standard has no consistency rule in the test and a 40% rule once funded. Reserve and Express do the reverse: a consistency rule in the test, none once funded. Direct has no test but raises its consistency rule with each payout.

Express tightens after you pass: its daily limit drops from $1,500 to $1,250 and its overall limit from $3,000 to $2,500. Standard’s daily loss limit is labeled a “soft breach”, and Blue Guardian does not define what that means, so do not assume it is only a warning.

Getting paid: how does Blue Guardian pay out?

You keep 80% to 90% on the CFD side, depending on the program and whether you buy the add-on. The minimum payout is $100 by crypto or $500 by bank transfer through Rise, and crypto is only available below $5,000. Blue Guardian says payouts are processed within 24 business hours, and that an eligible payout running late earns an extra 10% on your share.

How often you can ask is what really differs between the programs, and the two tables below set it out. Every CFD payout loses a 3% fee, your account has to be flat when you ask, and it stays read-only until the payout is approved.

• Processing: Blue Guardian states 24 business hours. It says an eligible payout that runs late earns an extra 10% profit share, except over weekends, holidays or during reviews.
• Your account must be flat, with no open trades, when you ask, and it is read-only until the payout is approved.
• On $200,000 to $400,000 accounts, the first two payouts are capped at $10,000 each.
• The late-payout guarantee does not say which accounts it covers. Rise onboarding delays, and anything still waiting on your own documents, also pause its clock.

The futures plans set their own payout terms on each plan card:

What can end your account

These rules can end a Blue Guardian CFD account or cost you its profits. Each comes from the firm’s CFD help center:

• Breaching the overall or daily loss limit. On CFDs that is 6% trailing or 8% static overall, and 3% or 4% daily.
• Closing trades in under 2 minutes. Blue Guardian treats it as tick scalping.
• Using more than 80% of your margin in open trades, which it calls gambling. It can reject the payout, remove profit or end the account.
• Triggering the Guardian Shield. On funded accounts, trades close automatically at a 1% floating loss on Instant and 2% on the evaluation programs. On Instant accounts, the first trigger cuts your split to 50% for good and the second ends the account.
• Hedging between separate accounts, or trading from a device or VPS shared with other accounts.
• Changing your account password, which Blue Guardian does not allow.
• Not trading for 30 days. The account is breached, counted from when it was created.

Blue Guardian says not every breach is caught automatically, and some are found only in a manual review when you ask for a payout. The futures plans allow news trading; their other conduct rules are not set out on the plan cards, so check the terms before trading them.

Who can join

On its CFD programs, Blue Guardian does not accept traders under 18, or residents of Afghanistan, Albania, Algeria, Cuba, Iran, Jordan, Libya, Myanmar, North Korea, the Philippines, Senegal, Syria and Vietnam.

Its funded accounts are simulated, and on the CFD programs KYC is required before your first payout.

Who you are dealing with

Blue Guardian’s own pages name four companies. The Terms and the Refund Policy name Iconic Exchange FZCO, while the Privacy Policy names a differently formed company, Iconic Exchange Limited. The table shows each name and where it appears.

The three documents a buyer signs do not agree on which company they are signing with:

[Terms] are comprised of various web pages operated by Iconic Exchange FZCO t/a Blue Guardian. […] [Privacy Policy] Iconic Exchange Limited t/a Blue Guardian (“BLUE GUARDIAN”) respects your privacy […] […] [Refund Policy] In this Refund Policy, “us,” “our,” and “we” shall mean ICONIC EXCHANGE FZCO t/a BLUE GUARDIAN (“Blue Guardian”)

An FZCO and a Limited are differently constituted companies. Neither is given a registration number anywhere on the site, so a trader with a claim has no way to identify from the documents which company it lies against.

• The legal pages give no registration number, and no address labeled as registered.
• A free-zone company (FZCO) is a type of company, not a financial license.
• Disputes go to binding arbitration seated in Dubai, before a single arbitrator under the International Centre for Dispute Resolution’s rules, and the Terms waive class actions. A claim starts with a notice sent by certified mail to Iconic Exchange FZCO. The courts of Dubai take only what arbitration does not resolve, and the Terms say arbitration may not apply to consumers in the EU or the UK.
• The funded accounts are simulated.

Why this grade

Blue Guardian is cheap to enter and its trading rules are reasonable. The points it loses come from who you would be dealing with if something went wrong.

Two companies appear in its paperwork, constituted differently, and neither carries a registration number anywhere on the site. If you had a claim, you could not tell from its own pages which company you were bringing it against.

The refund is the other thing. There is a refund window on paper, and it closes the moment the firm emails your login details, which on a normal purchase is minutes after you pay. Its help center and its Refund Policy page also disagree about whether the fee comes back after your fourth payout.

Which of its two companies would actually pay you is the open question, and no withdrawal has yet answered it. Its support desk sits behind the same uncertainty.

Blue Guardian’s grade draws its evidence from its forex accounts. Its futures products have not yet contributed to the grade.

Our verdict

Blue Guardian offers real choice across CFDs and futures, but the rules you trade under once funded are often stricter than the ones you pass under, and the company that owes your payout is not settled in its own documents.

Best for

• Traders who know whether they want CFDs or futures before they arrive.
• Traders who will read the funded-stage rules, not just the test rules.
• CFD traders who want a static loss limit: 2 Step Standard keeps its line where it started.

Avoid if

• You trade the news. Funded CFD accounts are restricted for 5 minutes either side of high-impact news.
• You need the rules you pass under to stay the same after you pass.
• You want every legal page to name the same company, with a registration number.

Questions traders ask

Facts checked: 17 August to 17 September 2026. No payout independently verified.