Blufx

BluFX has gone out of business since I wrote this blog post. BluFX is a prop firm located blufx London. It was founded in so it already has some experience with funding traders, blufx.

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Blufx

As of early , BluFX has yet to return in any form, and I think it is safe to say that it will not do so. Over the course of about five months, BluFX went from an industry leader with more than 20, accounts in countries to its undignified end. Once the FCA published their warning, BluFX lost their liquidity provider, which meant they could no longer execute their trades. In mid-December, BluFX suspended accounts and asked for patience while they found a new provider. Eventually they did, but by this point traders had been stuck on the sidelines for more than a month. When they finally did get up and running again, BluFX was faced with a number of withdrawal requests, very few if any new traders, and a tarnished reputation. There was also still no resolution with the FCA, which took the additional step of shutting down the blufx. BluFX tried to limp on with blufx. In March , BluFX closed all trading accounts. They pledged to make good on any outstanding obligations to traders and hope to reopen some day with a restructured business model that will presumably not run afoul the FCA. Technically no, but they have closed all trader accounts. Apparently they are holding out hope that they will be able to reorganize and reopen, but in the meantime they have ceased all operations. BluFX ran into regulatory issues, which led to liquidity provider issues, which ultimately forced them to close against their will. What makes the BluFx situation different from other prop firm failures is that BluFX had a proven track record with more than 10 years in the business and thousands of satisfied traders.

BlueFX is more oriented to scalpers and day traders, so you may want to search for a different prop firm if you have a different trading style, blufx. In mid-December, BluFX suspended accounts and asked for patience while they found a new provider, blufx. Blufx to content.

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.

Because the forex market offers such high leverage, it can draw many newer traders with significantly lower trading money. It can take a while to build up trading money to the point where you can truly make a living from the forex markets or trade full-time, and most traders will never succeed in doing so. Prop firms step in at this point to provide capital for forex traders in exchange for a cut of the earnings One of the top prop firms in the world, BluFX offers a subscription model in exchange for immediate account financing, which sets it apart from other prop firms on the market. Hopefully this can help you to decide if this is the right funded trading program for you. BluFx, a forex prop firm founded in , has attracted a lot of interest from the sector in recent months. Yu Song is the owner of the business, according to the website.

Blufx

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. Diversify your investment portfolio with us! Be the professional with BlueFX The professional team will provide you with trading strategies, analysis methods and much more. Financial Markets by TradingView. Install the mobile application on your iOS or Android device to access the financial markets whenever you want!

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What it takes to stop losing trading. It's all about freedom. Privacy Policy Terms Of Service. About Pedro. As part of their anniversary, however, BluFX has added a limited-time account option that allows you to immediately trade real funds after paying a one-time fee. This is a good time to look at other great prop firms. BluFX is also ideal for those who value simplicity. Trading is completely aligned with that. Your email address will not be published. BluFX tried to limp on with blufx. For instance, if a prop firm suddenly changes the trading parameters to make it much more difficult to pass their evaluation or maintain a funded account, they could be running out of capital.

BluFX has gone out of business since I wrote this blog post. BluFX is a prop firm located in London.

Signs of a prop firm in distress Legal troubles Withdrawal issues Drastic rule changes How to avoid prop firm failures. Do you know of any similar ones? Maybe look to one of these firms instead. For these account types, traders can only open trades during the European session. All financial markets are inherently risky. Vision Blufx's vision is centered around empowerment, indicating the company's commitment to helping clients take control of their financial futures. Warning BluFX has gone out of business since I wrote this blog post. It is registred in Schweiz. Accounts overdue. Know More. BluFX earns high marks in this section for the simplicity of their trading objectives.