BluFX Help Hub
BluFX FAQ
122 Real Questions Answered (2026)
BluFX pioneered the subscription-based prop trading model — pay a monthly fee for instant cTrader account access, no traditional evaluation. The brand operated under parent Blueprint Capital (established 2012); UK legal entity BLUFX LTD (Companies House 10819120) was incorporated on 14 June 2017. Four paid tiers — Mini Lite $99, Lite $159, Pro $369, Super Pro $1,099 — with 50/50 profit split, 10% static drawdown, and weekly payouts at 5% profit. Peak scale reached 20,000+ accounts across 140 countries. The FCA published a public warning on 5 December 2022; BluFX's liquidity provider then dropped the firm, and trading ceased on Friday, 10 March 2023. BLUFX LTD entered compulsory (court-ordered) liquidation on 13 November 2024 with the Official Receiver appointed — no voluntary restructure ever materialized. This page documents the historical model, the closure timeline, and what to do if you came here looking for an alternative. Last verified May 2026.
Model
Subscription (no eval)
Tiers
Mini Lite / Lite / Pro / Super Pro
Profit split
50% / 50%
Trustpilot (hist.)
4.1 / 5
Platform
cTrader only
Status (May 2026)
Compulsory liquidation
We strive for accuracy, but prop firm rules change frequently — always verify details on the official firm website before funding an account or trading.
BluFX Basics
12 answersWhat is BluFX and how did the prop firm model work?
BluFX was a London-based proprietary trading firm that pioneered the subscription-based prop model. Instead of paying an evaluation fee and passing a profit-target challenge, traders paid a recurring monthly subscription (Mini Lite $99, Lite $159, Pro $369, Super Pro $1,099) to access a live cTrader account with simulated capital up to $300K (Super Pro), a 10% static drawdown, weekly withdrawals at the 5% profit threshold, and a 50/50 split. The brand operated under parent Blueprint Capital; UK entity BLUFX LTD was incorporated 14 June 2017 (Companies House 10819120) and ceased trading on Friday, 10 March 2023.
Who founded BluFX and where was it headquartered?
Parent company Blueprint Capital was established in 2012 as a London-based algorithmic-trading operation. It launched the consumer-facing BluFX brand in the mid-2010s. The UK legal entity that ran the public business — BLUFX LTD, Companies House registration 10819120 — was incorporated on 14 June 2017 with a registered London address. The 2017 incorporation date is unambiguously verifiable on the UK Companies House public registry; the 2012 parent and the brand-launch year are distinct from the legal entity's formation.
When was BluFX founded?
There are three distinct dates worth separating. Blueprint Capital, the parent algorithmic-trading group, was established in 2012. The BluFX consumer brand launched in the mid-2010s (public references span 2015 to 2017 depending on the source). The UK legal operating entity, BLUFX LTD (Companies House 10819120), was incorporated on 14 June 2017 — this is the unambiguous, registry-verifiable founding date of the corporate vehicle. The firm was widely described as the world's first subscription-based prop trading platform.
Was BluFX regulated by the FCA?
No. BluFX operated as a proprietary trading firm offering a simulated-account product, which historically did not require FCA authorization. The UK's Financial Conduct Authority published a public warning on 5 December 2022 (last updated 16 February 2023) stating BluFX was not authorized to provide regulated financial services in the UK. The warning indirectly triggered the shutdown — it caused BluFX's liquidity provider to withdraw, which in turn forced trading to cease on Friday, 10 March 2023.
Was BluFX legit or a scam during its operating years?
Legit during its operating window. BluFX held a historical 4.1/5 ("Great") Trustpilot rating across archive snapshots (with one earlier snapshot at 4.5/5) and processed thousands of weekly payouts between launch and early 2023. Complaints focused on the subscription cost compounding before traders hit consistent profitability, plus the strict 10% drawdown. The 10 March 2023 closure was driven by the loss of BluFX's liquidity provider following the December 2022 FCA warning. BluFX pledged to honor outstanding obligations, but many traders later reported delayed or unpaid payouts; no verified mass-refund program was documented.
What was BluFX's Trustpilot rating?
4.1 / 5 ("Great") at most archive snapshots across the blufx.co and blufx.co.uk Trustpilot profiles during the operating years. An earlier snapshot showed 4.5/5. The page remains visible in archived form. Reviews split between traders who valued the no-evaluation instant-funded model and those frustrated by recurring fees while learning. Treat any claim of "4.4/5" as a likely error — the verifiable Wayback-Machine snapshots most consistently show 4.1/5.
How much did BluFX pay out cumulatively?
BluFX historically published weekly payout reports during its operating years. Cumulative payout numbers were not publicly itemized in a single audited figure, but Trustpilot screenshots and the firm's own weekly leaderboards documented thousands of individual withdrawals between 2015 and March 2023. No verified single cumulative number is available; treat third-party claims with skepticism.
How big was BluFX in its peak years?
At its pre-closure peak BluFX served 20,000+ accounts across 140 countries — figures the firm cited in its own marketing and that were corroborated by third-party prop-firm review trackers. It was one of the most recognizable subscription-prop names alongside the evaluation-style giants (FTMO, FundedNext). Most of that subscriber base was concentrated in 2020-2022 before the December 2022 FCA warning began to compress operations.
What made BluFX unique among prop firms?
Subscription-only access with no evaluation phase. Pay $99 to $1,099 a month (Mini Lite, Lite, Pro, or Super Pro), get a live cTrader account on day one, withdraw at 5% profit. No profit target, no minimum trading days, no time limit beyond your subscription staying active. The trade-off: 50/50 split (instead of the 80-90% evaluation-firm norm) and recurring fees that compound if you're not consistently profitable.
Did BluFX serve only forex traders?
Forex-first with gold (XAUUSD) added. BluFX did not offer indices, futures, commodities beyond gold, crypto, or stocks. The instrument list was narrow on purpose — major and minor FX pairs plus gold — matching the cTrader live feed from BluFX's liquidity partner.
What platforms did BluFX support?
cTrader only. No MT4, no MT5, no TradingView native integration. The firm chose cTrader for its level-II depth, native algorithmic trading via cAlgo / cBots, and clean API access. Traders coming from MT4/MT5 had to relearn the platform.
Did BluFX use real money or simulated capital?
Simulated capital — BluFX's product was a sim-funded prop assessment. Orders priced against the real cTrader liquidity feed, but the capital was the firm's, and trader gains were paid out in real cash from BluFX's treasury. Standard structure for retail prop firms globally.
FCA Warning & Closure Status
10 answersIs BluFX still operating in 2026?
No. BluFX suspended all trading accounts on Friday, 10 March 2023 and has not resumed operations as of May 2026. The UK legal entity BLUFX LTD is in compulsory liquidation following a winding-up petition dated 25 September 2024 and a court order with winding-up commencing 13 November 2024; the Official Receiver is the appointed practitioner. The website has been intermittently online, but no new accounts are being sold. Treat any active "BluFX" signup page with extreme skepticism — copycat domains exist.
Why did BluFX close down?
The direct operational trigger was the loss of BluFX's liquidity provider, which exited the relationship after the FCA warning of 5 December 2022 (last updated 16 February 2023). BluFX briefly secured a replacement provider in early 2023, but the substitute arrangement also failed. With no liquidity feed and growing compliance pressure, trading was halted on Friday, 10 March 2023. BluFX's closure statement framed it as a pause to restructure — that restructure never happened, and the legal outcome was court-ordered compulsory liquidation in November 2024.
What did the FCA warning of December 2022 say?
The FCA published a public warning on 5 December 2022 (last updated 16 February 2023) noting that BluFX was operating in the UK without FCA authorization to provide regulated financial services. The notice told UK consumers to be cautious about dealing with the firm. The warning is still listed on the FCA website at fca.org.uk/news/warnings/blufx and remained the catalyst for BluFX's liquidity-provider withdrawal.
When exactly did BluFX stop trading?
Friday, 10 March 2023 — a specific date stated in BluFX's own closure communication. The firm emailed all existing subscribers and posted a public note announcing the immediate closure of trading accounts and the suspension of new signups. Some traders received final settlements; others reported delays in their last payouts. The closure was not a gradual wind-down — it happened over a single weekend, triggered by the loss of the liquidity provider.
Did BluFX promise to reopen?
Yes — the 10 March 2023 closure communication framed it as a temporary pause for restructuring. The firm said it hoped to return with a model that satisfied FCA expectations. No relaunch ever materialized. Eighteen months after the closure, in September-November 2024, BLUFX LTD was placed into court-ordered compulsory liquidation — the legal opposite of a successful voluntary restructure. As of May 2026, the entity is being wound up; no relaunch is in motion.
Is BLUFX LTD officially dissolved?
BLUFX LTD (Companies House 10819120) is in compulsory liquidation, not formally dissolved as of the latest Companies House filings. A winding-up petition was presented on 25 September 2024 and the court-ordered winding-up commenced on 13 November 2024 with the Official Receiver appointed as the practitioner. Liquidation is the wind-up phase where assets are realized and creditors are settled; strike-off and final dissolution typically follow once it concludes.
Did all BluFX traders get paid before closure?
No — not in any verifiable mass-payout sense. BluFX's 10 March 2023 closure note pledged to "make good on outstanding obligations," and some payouts were processed in the days that followed. However, BluFX itself acknowledged that approved payouts were severely affected, and many traders subsequently reported delayed or unpaid balances. No verified mass-refund program was documented. Traders with unresolved claims should file as creditors in the compulsory liquidation of BLUFX LTD (Companies House 10819120).
Can I still log into my BluFX account?
No. Active trading was disabled on 10 March 2023; subscriber portals were taken offline shortly after. If you had an unresolved balance, your only recourse is to contact the Official Receiver (the appointed practitioner in the compulsory liquidation of BLUFX LTD, Companies House 10819120) and file a creditor claim referencing the November 2024 winding-up.
Is the BluFX website still online?
Intermittently. blufx.io and the legacy blufx.co domains have appeared and disappeared over 2023-2026. Even when the site loads, no new accounts can be purchased. Be cautious — copycat domains using the BluFX name occasionally surface. Verify any current claim against Companies House and the FCA warning page before paying anything.
Are there clones of BluFX operating today?
Several smaller subscription-based prop firms have copied BluFX's monthly-fee model — but none have the original BluFX backing. If you came here looking for an active subscription prop, consider evaluation-style firms like FundedNext, The5%ers, or FTMO. Note: PickMyTrade (PMT) can automate FundedNext via MatchTrader or TradeLocker, and The5%ers via Match-Trader — but PMT cannot connect to FTMO (MT4/MT5/cTrader/DXtrade) or FundingPips (MT5/cTrader), as those platforms are not supported by PMT.
Subscription Model Explained
10 answersHow was BluFX different from FTMO or FundedNext?
Evaluation firms charge a one-time fee, require a profit target (8% / 5% / 5%), then graduate you to a funded account with 80-90% split. BluFX charged a recurring monthly fee, gave instant funded access, no profit target, 50/50 split, weekly withdrawals at 5% profit. The model traded discipline (no failure to "wash") for ongoing cost.
Was there a profit target on BluFX?
No fixed profit target. Traders could withdraw whenever the account hit 5% profit of the purchased capital tier. There was no "graduate the eval" step. The 5% withdrawal threshold doubled as the natural reset point: hit it weekly, withdraw, restart the balance.
How did the trial account work?
BluFX offered a free demo / trial environment so new traders could test cTrader execution and the firm's rule set before subscribing to a paid Mini Lite, Lite, Pro, or Super Pro tier. The trial mirrored the live conditions but produced no real payouts.
What was the demo account on BluFX?
The demo was a free practice account on cTrader that BluFX provided to walk traders through the platform and BluFX's drawdown mechanics. No subscription fee, no real-money payouts, no time limit. Used primarily for onboarding and EA testing before committing to paid tiers.
Was the subscription monthly or yearly?
Monthly subscription billed in 30-day cycles. No annual prepay discount was standardized. Traders could pause or cancel between cycles without penalty beyond losing live account access.
Could I pause and resume my BluFX subscription?
Yes. Subscribers could cancel at any monthly cycle, which deactivated live trading. Restarting required a fresh subscription cycle, and account balances reset on resume — you started at the tier's starting balance, not where you left off.
Did BluFX let you fail without losing the account?
Breaching the 10% maximum drawdown reset the account — you didn't lose access entirely if your subscription was active. You restarted from the tier's starting balance and tried again. This is the "forgiveness" that subscription propping offered versus eval-firm hard failures.
How many times could I reset on BluFX?
As often as you kept paying. Each fresh month restored the account to its starting balance if you had breached. No documented reset cap — the cost was simply the monthly fee, which compounded if you reset repeatedly without profitable months in between.
Was the subscription model cheaper than evaluation firms?
It depended on speed-to-profitable. A trader who passed an FTMO $25K eval ($155 one-time) and stayed funded paid less long-term than a BluFX Mini Lite subscriber ($99 monthly) over 6+ months. BluFX won on instant access and on traders who would have repeatedly failed an evaluation.
Did BluFX have a lifetime account option?
No documented lifetime tier. The model was strictly recurring monthly. Promotional discounts (typically 5-15% off) appeared during seasonal sales, but no one-time lifetime fee replaced the subscription.
Lite, Pro, Super Pro & Other Tiers
13 answersWhat were the BluFX subscription tiers?
Four paid tiers at the closure-era lineup. Mini Lite at $99/month ($10,000 starting / $30,000 capital). Lite at $159/month ($25,000 / $75,000). Pro at $369/month ($50,000 / $150,000). Super Pro at $1,099/month ($100,000 / $300,000). Swap-free variants existed at $129, $189, $429, and $1,239 respectively. Each tier carried the same 10% static drawdown, 50/50 split, and 5% withdrawal threshold — only account size and monthly cost varied.
What was BluFX Mini Lite?
Mini Lite was the entry-level tier at $99/month (promo $94.05). Starting balance $10,000, scaling cap $30,000. Designed for traders testing the BluFX model with the lowest possible monthly commitment. Still entitled to the full 50/50 split and weekly withdrawals at 5% profit ($500 first payout).
What was BluFX Lite?
Lite was the mid tier at $159/month (promo $143.10). Starting balance $25,000, scaling cap $75,000. The most popular tier among consistent traders — large enough to generate meaningful profit at 5% ($1,250 first payout), small enough that the monthly fee was manageable.
What was BluFX Pro?
Pro was the upper-mid tier at $369/month (promo $313.65). Starting balance $50,000, scaling cap $150,000. 5% profit produced a $2,500 first payout. Pro suited experienced subscription-prop traders who wanted larger position sizing on the same 10% drawdown. Note: Pro was not the top tier at closure — Super Pro sat above it.
What was BluFX Super Pro?
Super Pro was BluFX's top published tier — $1,099/month with a $100,000 starting balance and a $300,000 scaling cap. The swap-free variant was $1,239/month. Super Pro was introduced on 30 September 2022 alongside Mini Lite, expanding the lineup from three to four tiers. 5% profit produced a $5,000 first payout (your half of $10,000 at 50/50). It targeted experienced subscription-prop traders willing to absorb a four-figure monthly fee in exchange for institutional-style sizing, on the same 10% static drawdown as every other tier.
Did Lite, Pro and Super Pro differ on rules?
No — same 10% static drawdown, same 50/50 split, same 5% withdrawal threshold, same cTrader-only platform, same forex + gold instrument list across Mini Lite, Lite, Pro, and Super Pro. The only difference was account size and monthly cost ($99 to $1,099, or $129 to $1,239 on swap-free variants). The structural rules were uniform across all four paid tiers.
How did account scaling work on BluFX?
Each tier had a starting balance and a scaling cap (Mini Lite $10K to $30K; Lite $25K to $75K; Pro $50K to $150K; Super Pro $100K to $300K). Consistent profitable performance grew the balance toward the cap; the cap was the hard maximum without upgrading the subscription tier.
Could I upgrade from Lite to Pro?
Yes. Subscribers could upgrade tiers mid-cycle; the new tier's rules and balance applied from the next billing cycle. Downgrades were similarly handled at month-end. Upgrades were paid as a delta against the existing month's billed amount.
Did BluFX offer multi-account discounts?
No documented multi-account bundle discount. Each subscription was billed independently. Traders running parallel accounts paid the full sticker monthly for each. PickMyTrade traders today who run multiple prop firms get the cost advantage instead by paying a check pickmytrade.io for current pricing for the automation layer regardless of broker count.
Were promo prices typical or rare?
Promo prices (5-15% off across tiers) appeared regularly on the BluFX dashboard and via affiliate codes. Black Friday and year-end produced deeper 15-25% discounts. Sticker prices were $99, $159, $369, and $1,099 for Mini Lite, Lite, Pro, and Super Pro respectively; promo discounts applied proportionally across the lineup. Swap-free variants priced $30-$140 higher per tier.
Were there higher tiers above Super Pro?
Not publicly. Super Pro at $100K starting / $300K scaling cap (introduced 30 September 2022) was the documented top of the standard catalog through closure. The firm occasionally referenced VIP arrangements with high-volume traders, but no published tier above Super Pro existed.
What was the "starting balance" vs "capital" on BluFX?
Starting balance = the day-one account equity you began trading with. Capital = the scaling cap, the maximum equity the account could grow to via profits before requiring a tier upgrade. Mini Lite was $10K start / $30K cap; Lite $25K / $75K; Pro $50K / $150K; Super Pro $100K / $300K.
Were monthly fees deductible against profits?
No. Subscription fees were a separate cost paid out of pocket. Profits paid out at the 50/50 split were calculated independently of the monthly subscription. For tax purposes, the subscription often qualified as a deductible trading-business expense — verify with a local tax pro.
Drawdown & Trading Rules
11 answersWhat was the BluFX maximum drawdown?
10% of the starting balance. On Mini Lite ($10K start) that was $1,000. On Lite ($25K start) $2,500. On Pro ($50K start) $5,000. On Super Pro ($100K start) $10,000. Breach reset the account to its starting balance — your subscription remained active and you could resume trading immediately.
Did BluFX have a daily loss limit?
No. BluFX did not impose a daily drawdown cap — only the static 10% overall drawdown. This was unusual among prop firms and one of the main reasons traders preferred BluFX: you could take a deep retracement in a single session as long as you didn't breach 10% total.
Was the drawdown trailing or static?
Static — calculated against the starting balance, not a trailing high-water mark. Profits built a buffer that protected against the 10% breach. On a $25K Lite account up at 5% ($26,250), the breach threshold remained $22,500 — the static $25K starting balance minus 10%.
Was there a minimum trading days rule?
No documented minimum trading days requirement. You could hit the 5% profit threshold in a single trading day and withdraw at the next weekly cycle. This was another differentiator versus evaluation firms that imposed 4-10 day minimums.
Was there a consistency rule on BluFX?
No published best-day consistency cap of the kind used by funded futures firms (40-50% best-day rule). BluFX's only consistency-style rule was the 5% withdrawal cap per request — beyond that, you could trade however you wished as long as 10% drawdown held.
Could I hold trades over the weekend on BluFX?
Yes — weekend holding was permitted on standard accounts. BluFX did not force position closure before Friday market close. Gold and major FX pairs could be held through the weekend at the trader's risk.
Was news trading allowed on BluFX?
Yes — news trading was permitted with no published windowed restriction around high-impact events. Traders could hold positions through NFP, FOMC, CPI, and ECB releases at their own risk. Some traders reported spread widening during news, which was a function of the cTrader feed rather than a rule.
Was hedging allowed on BluFX?
Same-account hedging on the same instrument was tolerated within cTrader's position-netting structure. Cross-account hedging (long EUR/USD on account A, short on account B) was not explicitly published as banned but was discouraged. Today's prop industry treats cross-account hedging as a hard violation; BluFX's policy in 2015-2023 was less stringent.
Did BluFX prohibit copy trading?
Personal use of automation tools — running your own EA / cBot or your own alert-routing setup — was permitted. Commercial copy trading services that mass-mirrored one signal to many BluFX accounts were discouraged. PickMyTrade fits the "personal automation" category: you, your TradingView strategy, your own broker account.
Were EAs and cBots allowed on BluFX?
Yes — cBots (cTrader's native automation) and external EA / alert systems were allowed. Many BluFX subscribers ran personal cBots for entry/exit automation. The combination of cTrader's API and BluFX's liberal automation policy made it one of the most algo-friendly props of its era.
Was scalping allowed on BluFX?
Yes. Scalping was permitted with no published minimum-hold-time rule. cTrader's low-latency execution suited scalping. The only constraint was the 5% weekly profit cap on withdrawals; scalpers who exceeded 5% in a week banked at the cap and rolled the rest into the next week's balance.
Payouts & Profit Splits
10 answersWhat was the BluFX profit split?
50% / 50% across all tiers. This was lower than evaluation-firm splits (80-90% standard) and reflected the model: traders effectively traded a higher split for instant access and the recurring-fee structure. Splits were uniform — Mini Lite, Lite, Pro, and Super Pro all paid 50%. The trader's 50% was transferred to an equity account on each successful withdrawal request.
How often could I withdraw on BluFX?
Weekly — once the account hit 5% profit of the starting balance. The published mechanic was: requests submitted by Thursday were paid on Friday. There was no documented limit on the number of weekly withdrawal requests beyond hitting the 5% threshold each time. When a request was approved, the 5% was removed from the trading account; the trader's 50% share moved to an equity account for payout.
What was the minimum withdrawal on BluFX?
5% of the starting balance. Mini Lite = $500 first payout (your half of $1,000 profit at 50/50). Lite = $1,250 first payout (half of $2,500). Pro = $2,500 first payout (half of $5,000). Super Pro = $5,000 first payout (half of $10,000). No fractional below 5% — you had to hit the trigger before requesting.
Was there a maximum weekly withdrawal?
No hard maximum on the number of weekly withdrawal requests — you could request whenever the 5% threshold was met. The 5% threshold itself acted as the per-request size: each successful request removed 5% of the starting balance from the trading account and transferred the trader's 50% share to the equity account. Requests submitted by Thursday were paid on Friday.
What payout methods did BluFX support?
Bank transfer (GBP, USD, EUR) was the primary method. Some periods supported PayPal and crypto (BTC). The available methods varied year-to-year depending on BluFX's payment-processor relationships. Bank wire was the most consistent option.
Were there fees on BluFX payouts?
BluFX did not publish a withdrawal fee on its own side. Standard wire-transfer charges from receiving banks applied (typically $15-$40 international wire). Crypto payouts incurred network fees only. Trustpilot reviews flagged occasional currency-conversion losses on cross-border bank wires.
How fast were BluFX payouts?
Weekly cycle — request by the cutoff, processed in the next batch. Bank wires typically arrived within 2-5 business days of processing. Crypto payouts arrived same-day to next-day. Total wait from profit-target hit to funds-in-account was typically 1-2 weeks at most.
Did the 50% split ever change?
No — 50/50 was constant across BluFX's operating years until the 10 March 2023 closure. The firm did not run promotional 70%, 80%, or 100% split campaigns the way evaluation firms periodically do. The split was a structural feature of the subscription model and applied uniformly across Mini Lite, Lite, Pro, and Super Pro.
Did BluFX withhold taxes from payouts?
No — BluFX paid gross to traders. UK traders received payment as trading business income reportable on HMRC self-assessment. EU and international traders were responsible for declaring in their home jurisdictions. No 1099 / W-9 / EU equivalent withholding was performed at source.
Where can I see BluFX historical payout proof?
Trustpilot blufx.co and blufx.co.uk pages (historical 4.1/5 aggregate, "Great") retain a paper trail of payout-style reviews from the operating years through early 2023. Wayback Machine archives of the BluFX site preserve weekly leaderboard screenshots. Third-party prop-firm review sites also screenshot historical payout posts. Use these for forensic context; nothing represents current activity, and many post-closure reviews flag unpaid balances.
cTrader Platform
9 answersDid BluFX support MT4 or MT5?
No. BluFX was cTrader-only from day one through closure in 2023. MT4 and MT5 were never on the platform menu. Traders coming from MetaTrader had to learn cTrader's interface, depth-of-market display, and cBot scripting (C# rather than MQL).
Why did BluFX choose cTrader over MetaTrader?
cTrader offered level-II depth, a cleaner API surface for the firm's risk-monitoring infrastructure, and a more modern interface than MT4. Spotware (cTrader's vendor) also worked closely with brokers on liquidity routing, which aligned with BluFX's technical needs. Algo traders generally found cTrader's cAlgo / cBot environment more capable than MT4's MQL4.
Was cTrader mobile available for BluFX?
Yes. cTrader iOS and Android apps connected to BluFX accounts using the same credentials as the desktop client. Mobile execution mirrored desktop. Heavy algo / EA users still ran the desktop or VPS-hosted client for cBots that required full uptime.
Could I use TradingView with BluFX directly?
Not natively — BluFX did not appear on TradingView's broker integration list. Traders who wanted to fire TradingView alerts into BluFX cTrader accounts had to route through a webhook bridge. Note: PickMyTrade does not currently support cTrader connections — this is a historical note only. BluFX is closed (BLUFX LTD in compulsory liquidation since November 2024), so this path is no longer available regardless.
Did BluFX provide custom charts or indicators?
BluFX shipped accounts with stock cTrader — same indicators, same chart engine as any other cTrader broker. The firm did not develop proprietary indicators or custom workspace layouts. Traders downloaded community cTrader indicators or wrote their own cBots for proprietary studies.
What instruments were on the BluFX cTrader feed?
Major FX pairs (EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, NZD/USD, USD/CAD) and most cross-rate minors. Gold (XAUUSD). No silver, no indices, no crypto, no stocks. Narrow by design, matching BluFX's liquidity partner's offering.
How were BluFX spreads on the cTrader feed?
Variable spreads — typical institutional cTrader feed during London / New York liquidity overlap. EUR/USD 0.5-1.2 pips average. GBP/USD 1.0-1.8 pips. Gold 30-50 cents. Asian session and news events widened materially. No commission published — spreads embedded the firm's cost.
Was BluFX execution market or instant?
Market execution on the cTrader feed. Orders priced against live liquidity-provider quotes. Slippage occurred during news and illiquid sessions, similar to any retail cTrader broker. No instant-execution / dealing-desk style requoting was documented.
Could I run a VPS for my BluFX cBots?
Yes — VPS hosting of the cTrader desktop client and cBots was permitted. Many algo subscribers used a Forex VPS to ensure 24/5 uptime for their automation. Some used cTrader's built-in cloud-execution mode for cBots, which offloaded the runtime to Spotware's infrastructure.
Trading Rules, EAs & Strategy
10 answersWhat leverage did BluFX provide?
1:100 leverage on forex pairs was the historical standard. Gold leverage was lower, in line with cTrader institutional conventions. The 10% drawdown was the practical risk constraint regardless of leverage — even at 1:100, a single large position could breach drawdown quickly.
What was the maximum lot size on BluFX?
No published hard lot cap. The practical maximum was constrained by the 10% drawdown — exceeding 0.5-1 lot per $10K of starting balance on major pairs put the account at material breach risk. Pro traders ($50K start) commonly sized 1-2 lots on EUR/USD; Super Pro traders ($100K start) up to roughly 4 lots within prudent risk.
Could I martingale or grid trade on BluFX?
Martingale and grid strategies were permitted within the 10% drawdown constraint. Many traders ran simple grid cBots — they tended to blow up against the static 10% drawdown sooner or later. The firm did not police strategy style as long as the drawdown held.
Did BluFX have a stop-loss requirement?
No mandatory stop-loss rule. Traders could leave positions open without a hard SL — though prudent risk management was strongly encouraged. The lack of a stop-loss requirement was one of BluFX's most discussed risk policies.
Could I run multiple BluFX accounts in parallel?
Yes — traders could subscribe to multiple tiers simultaneously, paying the subscription fee for each. Cross-account hedging between them was discouraged. Many subscribers ran one Lite and one Pro (or, after 30 September 2022, a Super Pro) in parallel to multiply effective payouts from a single strategy. Note: BluFX is closed (BLUFX LTD in compulsory liquidation since November 2024). PickMyTrade supports broadcasting one TradingView alert to multiple prop firms — via MatchTrader and TradeLocker; PMT does not currently support cTrader connections.
Did BluFX restrict swing trading?
No. Swing trades held for days or weeks were permitted. Swap charges (overnight rollover) applied per cTrader broker convention. Many BluFX traders ran swing strategies precisely because the model favored time-in-market without an evaluation deadline.
What strategies worked best on BluFX historically?
Strategies that produced 5-10% returns weekly with manageable drawdown — typical 1-3% risk per trade, 60%+ win rate, defined R-multiple. Trend-following EUR/USD and GBP/USD setups during London-NY overlap were popular. Scalping XAUUSD on New York open ran well. Grid and martingale systems tended to fail against the 10% static cap.
What killed most BluFX subscribers?
Overleveraging into the 10% drawdown breach, then paying for another month and repeating. The cumulative monthly cost of resets eroded total profitability faster than the trader could build a buffer. The model rewarded disciplined low-leverage trading and punished aggressive sizing.
Did BluFX allow trading during all sessions?
Yes — 24/5 trading across Sydney, Tokyo, London, and New York sessions. The cTrader feed went live at the Sydney open Sunday and closed Friday at New York close. No session restrictions, no platform downtime windows beyond standard cTrader maintenance.
Was crypto trading available on BluFX?
No. The BluFX instrument feed never included crypto CFDs. Forex majors, minors, and gold were the full menu. Traders wanting crypto had to look elsewhere — eval firms like FundedNext and FTMO added crypto CFDs later, but BluFX never did.
KYC, Refunds & Country Eligibility
8 answersDid BluFX accept US-based traders?
Yes during operation — US traders were among BluFX's subscriber base. The firm did not enforce a US block the way some EU-regulated brokers did, because BluFX was a sim-funded prop, not a regulated forex dealer subject to NFA / CFTC retail-forex rules.
Did BluFX accept Indian / Pakistani / Nigerian traders?
Generally yes for India and Nigeria. Pakistan was sometimes restricted; verify at signup. The firm did not publish an exhaustive country whitelist but did block sanctioned jurisdictions (Iran, North Korea, Syria, etc.) standard across the prop industry.
What KYC documents did BluFX require?
Standard prop-firm KYC: government photo ID (passport / national ID / driver's license), proof of address (utility bill or bank statement under 3 months old), and selfie verification before the first payout. KYC was triggered at the payout-request step, not at subscription signup.
Was KYC required to start a BluFX subscription?
No — subscription signup was lightweight (email + payment). Full KYC verification was required only before processing the first weekly payout. This made trial signups fast, but traders had to plan KYC time before expecting their first withdrawal.
Could I get a refund on my BluFX subscription?
BluFX's standard policy treated the monthly subscription as non-refundable once a billing cycle started. Cancellation prevented future billing but did not refund the current cycle. Some chargebacks were processed via payment processors at the trader's initiative; case-by-case outcomes.
How did BluFX's cancellation policy work?
Cancel anytime via the dashboard. The cancellation stopped the next billing cycle; the current cycle ran to completion with live account access. No early-termination fee. Reactivating later required a fresh subscription and a reset starting balance.
Could BluFX accounts be transferred or sold?
No. Accounts were strictly personal — non-transferable. Sharing credentials, account farming, and selling funded accounts were all prohibited. KYC at payout-request time backed up the personal-use requirement.
Did BluFX require tax forms at signup?
No tax forms at signup or payout. As a UK-based sim-funded prop, BluFX paid gross to traders and let individuals handle their own jurisdiction. UK traders self-assessed via HMRC; US traders received gross payments and self-reported on Schedule C as trading-business income. No 1099 / W-9 / IR3 was issued.
Subscription vs Evaluation Firms
9 answersBluFX vs FTMO — which model wins?
FTMO (founded 2015) charges a one-time evaluation fee (€155 for €10K, €540 for €100K), enforces 5% / 10% drawdown with a 5% daily, 10% profit target, and pays 80-90% split on funded accounts. BluFX charged $99-$369 monthly with no eval, 10% static drawdown, no daily cap, no profit target, 50% split. FTMO wins on long-run economics; BluFX won on instant access and forgiveness. FTMO is active in 2026; BluFX is not.
BluFX vs FundedNext
FundedNext runs the Stellar 1-Step, Stellar 2-Step, and Stellar Lite challenges with traditional eval fees, 80-90% splits, and platform choice (MT4 / MT5 / cTrader / MatchTrader / TradeLocker). BluFX was subscription-based and cTrader-only. FundedNext is active and growing in 2026 with 30K+ Trustpilot reviews; BluFX is closed. PickMyTrade can automate FundedNext accounts on MatchTrader or TradeLocker — PMT does not support cTrader, MT4, or MT5.
BluFX vs The5%ers
The5%ers also runs an evaluation model with single-step and multi-step pathways and a scaling program reaching $4M. The5%ers pays up to 100% on certain accounts and is FCA-aware. BluFX was subscription. The5%ers is active in 2026; BluFX is closed.
BluFX vs FundingPips
FundingPips is a newer-generation evaluation firm with aggressive pricing (eval fees as low as $19 on $5K plans), MT5 and cTrader support, and competitive splits. BluFX was the original subscription pioneer; FundingPips represents the modern eval direction. FundingPips is active; BluFX is closed. Note: PickMyTrade cannot connect to FundingPips — FundingPips runs MT5 and cTrader only, neither of which are currently supported by PMT.
Was BluFX's subscription model copied elsewhere?
Yes — several smaller props attempted subscription models after BluFX's success (some still operate today at smaller scale). None reached BluFX's peak Trustpilot footprint. The evaluation model proved more durable economically, which is why most 2026-active firms (FTMO, FundedNext, FundingPips, The5%ers, Apex) use it.
Why did the subscription model lose traction?
Three structural pressures: (1) evaluation firms aggressively dropped eval fees, narrowing the cost advantage; (2) regulators became more attentive to recurring-fee retail trading products; (3) traders preferred one-time costs over open-ended monthly fees that compounded during learning curves. BluFX's 2023 closure capped the model's mainstream era.
If I liked BluFX, what should I try in 2026?
For instant-style funding, FundedNext Stellar 1-Step is closest in spirit (single-phase, no time pressure). For longevity, FTMO and The5%ers are the deepest-pocketed alternatives. For low cost-of-entry, FundingPips is the modern budget eval. Note: PickMyTrade can automate FundedNext (via MatchTrader or TradeLocker) and FundingPips (via MatchTrader only), but cannot connect to FTMO (MT4/MT5/cTrader/DXtrade) or The5%ers (MT5 only — not PMT-supported).
Can I get a BluFX-style 10% static drawdown elsewhere?
Yes — most modern eval firms offer 10% overall drawdown options. The5%ers and several FundedNext plans support static (non-trailing) drawdown. The difference from BluFX is the upfront eval phase: pass a profit target first, then trade with the 10% static. PickMyTrade can automate FundedNext (via MatchTrader or TradeLocker) — PMT does not support MT4, MT5, cTrader, or DXtrade. Note: The5%ers uses MT5 only and is not PMT-supported.
Is any 2026 firm a direct BluFX replacement?
No exact 1:1 successor exists — the subscription-prop niche emptied after 2023. The closest functional substitute is a fast 1-step eval with no time limit (FundedNext Stellar 1-Step, The5%ers Bootcamp). PickMyTrade can automate FundedNext (via MatchTrader or TradeLocker) — giving you TradingView automation on this BluFX-alternative firm. Note: The5%ers uses MT5 only and is not PMT-supported. The model is different, but the "trade now, no deadline" experience is preserved.
Automation & PickMyTrade
12 answersDid PickMyTrade support BluFX historically?
No — and this question is now moot regardless. BluFX ran on cTrader only, and PickMyTrade does not currently support cTrader connections. Additionally, BLUFX LTD has been in compulsory liquidation since November 2024, so no active BluFX accounts exist. For active forex prop firms, PickMyTrade supports Match-Trader and TradeLocker platforms — firms like FundedNext and FundingPips (MatchTrader) are accessible via PMT on those platforms. Note: The5%ers uses MT5 only and is not PMT-supported.
Can PickMyTrade automate my current prop firm if BluFX closed?
Yes. PickMyTrade supports active prop firms that run on PMT-integrated platforms: Match-Trader and TradeLocker on the forex side (firms like FundedNext, FundingPips via MatchTrader), plus Tradovate, Rithmic, Interactive Brokers, TradeStation, and ProjectX on the futures side. PMT does NOT support MT4, MT5, cTrader, or DXtrade. Note: The5%ers uses MT5 only and is not PMT-supported. check pickmytrade.io for current pricing covers unlimited routing and unlimited prop firm accounts on the supported platforms.
How does PickMyTrade route TradingView alerts to prop firm accounts?
PickMyTrade exposes a webhook URL that TradingView calls when your alert fires. PMT parses the alert JSON, applies your symbol-mapping, position-sizing, and risk rules, then submits orders into your connected prop firm account via the broker's API. PMT supports Match-Trader and TradeLocker on the forex side, and Tradovate, Rithmic, Interactive Brokers, TradeStation, and ProjectX on the futures side. Note: PickMyTrade does not currently support cTrader — BluFX ran on cTrader only, so PMT could not have connected to BluFX.
What does PickMyTrade cost?
the PMT subscription (see pickmytrade.io for pricing) per month for the full platform. No per-account fees, no per-trade fees, no volume tiers. One subscription covers all your TradingView alerts to all your connected prop firms simultaneously — FundedNext, FundingPips (via MatchTrader), Apex, Topstep, MFFU, Tradeify, and 20+ others on PMT-supported platforms (Match-Trader, TradeLocker, Tradovate, Rithmic, IB, TradeStation, ProjectX, Tradier, Binance, Bybit). Note: PMT does not support MT4, MT5, cTrader, or DXtrade — FTMO and The5%ers use only those platforms.
Does PickMyTrade work with cTrader specifically?
No — PickMyTrade does not currently support cTrader. On the forex side, PMT integrates with Match-Trader and TradeLocker. PMT also does not support MT4, MT5, or DXtrade. Since BluFX ran exclusively on cTrader, PMT could not connect to BluFX. For active forex props, look for firms offering Match-Trader or TradeLocker accounts — FundedNext and FundingPips (MatchTrader) offer these. Note: The5%ers uses MT5 only and is not PMT-supported.
Can I broadcast one TradingView alert to multiple prop firms?
Yes — this is one of PickMyTrade's core features. A single TradingView alert can fan out to FundedNext, FundingPips (MatchTrader), Apex, Topstep, and any other PMT-connected accounts simultaneously. Risk-diversifies firm-specific events (rule changes, outages). All at the same check pickmytrade.io for current pricing. Note: FTMO and The5%ers are not PMT-supported (FTMO uses MT4/MT5/cTrader/DXtrade; The5%ers uses MT5 only), so they cannot be included in PMT alert routing.
Does PickMyTrade enforce per-firm rules automatically?
PickMyTrade applies per-account position sizing, max-position counts, and risk-percentage caps you configure. It does not directly enforce firm-side rules (the firm's own risk engine does that), but PMT's per-account risk parameters help you stay inside drawdown rails on each connected firm.
Is PickMyTrade allowed under typical prop firm rules?
Personal automation tools — running your own TradingView strategy through a webhook router into your own broker account — fall under permitted use at all major prop firms (FundedNext, FundingPips via MatchTrader, Apex, Topstep, MFFU, Tradeify, and others). What firms ban is commercial copy-trading, not personal alert routing. Note: PMT can only automate firms on its supported platforms (Match-Trader, TradeLocker, and futures platforms) — not FTMO (MT4/MT5/cTrader/DXtrade only) or The5%ers (MT5 only).
Can PickMyTrade replicate a BluFX-style weekly payout setup?
PickMyTrade is the automation layer, not the funding source. Pair it with a prop firm that supports weekly or on-demand payouts (FundedNext, FundingPips via MatchTrader) and you reproduce the "trade-this-week, withdraw-next-week" rhythm BluFX traders enjoyed. PMT routes the alerts via Match-Trader or TradeLocker; the firm pays the profits. Note: The5%ers uses MT5 only and is not PMT-supported.
How do I migrate from a closed firm to PickMyTrade-supported props?
Three steps. (1) Pick a 2026-active prop firm that runs on a PMT-supported platform — Match-Trader or TradeLocker on the forex side (FundedNext and FundingPips via MatchTrader are common picks), or futures platforms like Tradovate or Rithmic. (2) Sign up at PickMyTrade, get your webhook URL. (3) Update your TradingView alerts to point at the new webhook with the new symbol mapping for the new firm. Your strategy logic stays identical; only the destination changes. Note: PMT does not support cTrader, MT4, MT5, or DXtrade — The5%ers (MT5 only) and FTMO are not valid migration targets on PMT.
Does PickMyTrade support Pine Script strategies?
Yes — any TradingView alert (Pine Script strategy alert, indicator alert, or drawing-tool alert) can be wired into PickMyTrade. PMT consumes the alert webhook payload and routes it. Your Pine logic doesn't care that BluFX is gone — point the alert at your new prop's PMT webhook and you're live.
Where do I sign up for PickMyTrade?
Visit pickmytrade.com/signup. Free trial available. After signup, connect your prop firm Match-Trader or TradeLocker account (forex) — or Tradovate / Rithmic / Interactive Brokers / TradeStation / ProjectX account (futures) — paste the PMT webhook into TradingView, and your alerts go live. check pickmytrade.io for current pricing covers everything once the trial ends. Note: PMT does not support cTrader, MT4, MT5, or DXtrade.
Misc & Where to Go Today
8 answersWill BluFX ever come back?
Effectively no. Three years after the 10 March 2023 closure, BLUFX LTD is in compulsory (court-ordered) liquidation — the legal opposite of a successful relaunch. The FCA warning is still live, and the promised 2023 "restructure" never happened. The subscription-prop niche has also lost mindshare since 2023. Industry consensus treats BluFX as a closed chapter.
If I have an old BluFX account balance, what should I do?
Contact the Official Receiver, who is the appointed practitioner in the compulsory liquidation of BLUFX LTD (Companies House registration 10819120; petition 25 September 2024, winding-up commenced 13 November 2024). File a creditor claim with documentation: subscription receipts, payout statements, account screenshots, and the date of your last withdrawal request. Compulsory-liquidation timelines often run 18-36 months and recovery rates vary by claim size and realized asset value.
Can I trust other subscription-style props in 2026?
Some smaller subscription props operate in 2026, but the category lost its largest player when BluFX closed. Treat any new monthly-fee prop with extra due diligence: regulator filings, Trustpilot review history, ownership transparency, payment-processor reputation. The evaluation model dominates 2026 because it survived FCA scrutiny.
Does PickMyTrade affiliate with any active firm equivalent?
PickMyTrade is an independent automation platform — not affiliated with any prop firm, broker, or BluFX successor. PMT routes your TradingView alerts to whichever active 2026 firm you choose. The check pickmytrade.io for current pricing covers all your firms together; you pick the firm relationship separately.
Where can I read historical BluFX reviews?
Trustpilot blufx.co and blufx.co.uk pages still display historical reviews (~4.1/5 aggregate at most snapshots, with one earlier snapshot at 4.5/5). Independent prop-firm review sites — Living From Trading, MD Financial Skills, Traders Union, FinTelegram, Wikibit, WikiFX, GlobeGain — preserved long-form 2020-2023 reviews. Most are now updated with closure notes referencing the 10 March 2023 shutdown and the November 2024 compulsory liquidation.
Did BluFX have an affiliate program?
Yes during operation. Affiliates earned commissions on referred monthly subscriptions, typically 10-20% of the recurring fee. The program closed with the March 2023 shutdown; affiliate payouts ceased alongside trader payouts.
Did BluFX have any awards or industry recognition?
BluFX was widely credited as the world's first subscription-based prop firm and influenced the design of several successors. The firm did not collect headline industry awards on the scale of FTMO or Apex, but its historical Trustpilot reputation (~4.1/5) and peak scale of 20,000+ accounts across 140 countries cemented its place in prop-firm history before the March 2023 closure.
What's the safest active prop firm choice for 2026?
No prop firm is risk-free, but the most established 2026 options are FTMO (founded 2015, large balance sheet), FundedNext (massive Trustpilot footprint), FundingPips (modern aggressive pricing), and The5%ers (long-running). For PickMyTrade automation: PMT can connect to FundedNext (via MatchTrader or TradeLocker) and FundingPips (via MatchTrader only) — check pickmytrade.io for current pricing. FTMO and The5%ers are not PMT-supported — FTMO uses MT4/MT5/cTrader/DXtrade; The5%ers uses MT5 only.
Automate Your Prop Firm with TradingView
BluFX is closed, but the automation playbook lives on. PickMyTrade routes TradingView alerts into FundedNext, FundingPips (MatchTrader), Apex, Topstep, and 25+ active prop firms on supported platforms (Match-Trader, TradeLocker, and futures platforms). check pickmytrade.io for current pricing covers everything. Note: PMT cannot connect to FTMO (MT4/MT5/cTrader/DXtrade only) or The5%ers (MT5 only).
Start Free TrialDisclaimer
This FAQ is for informational and educational purposes only and is not financial, legal, or tax advice. BluFX rule references are compiled from the historical BluFX help center (blufx.io, blufx.co, blufx.co.uk), the UK Financial Conduct Authority public warning page at fca.org.uk/news/warnings/blufx (published 5 December 2022, last updated 16 February 2023), the UK Companies House registry for BLUFX LTD (registration 10819120, incorporated 14 June 2017), Trustpilot historical reviews of www.blufx.co and www.blufx.co.uk (~4.1/5 aggregate at most archive snapshots, with one earlier snapshot at 4.5/5), and independent prop firm review sites including Living From Trading, MD Financial Skills, Forex Prop Reviews, Traders Union, FinTelegram, Wikibit, WikiFX, GlobeGain, TradingCritique, and ReviewTradingFirms. BluFX ceased trading on Friday, 10 March 2023; rules described here apply to the pre-closure historical product.
BluFX was a subscription-based proprietary trading firm operating under parent Blueprint Capital (established 2012). UK legal entity BLUFX LTD was incorporated on 14 June 2017 and headquartered in London, England. At peak the firm served 20,000+ accounts across 140 countries. The closure-era lineup had four paid tiers (Mini Lite $99/month, Lite $159/month, Pro $369/month, Super Pro $1,099/month — with swap-free variants at $129, $189, $429, and $1,239) plus a free Trial/Demo, with a static 10% maximum drawdown, no daily loss cap, weekly withdrawals at the 5% profit threshold (requests by Thursday paid Friday), a 50/50 profit split, and a cTrader-only platform. The product was simulated capital with real cash payouts.
Recent status as of May 2026: BluFX has not resumed operations since the 10 March 2023 closure. BLUFX LTD is in compulsory liquidation following a winding-up petition presented 25 September 2024 and a court-ordered winding-up commencing 13 November 2024, with the Official Receiver appointed as the practitioner — this is a court-ordered wind-up, not a voluntary restructure. The closure was operationally triggered by the loss of BluFX's liquidity provider after the FCA warning; a replacement provider was briefly secured in early 2023 but did not last. BluFX pledged to "make good on outstanding obligations," but the firm itself acknowledged approved payouts were severely affected, and many traders later reported delayed or unpaid balances; no verified mass-refund program was documented. Any active site or signup flow using the BluFX name in 2026 should be independently verified against Companies House and the FCA warning page before payment. Traders with unresolved historical balances should file a creditor claim with the Official Receiver in the BLUFX LTD compulsory liquidation.
PickMyTrade is an automation bridge for active 2026 prop firms. PMT supports Match-Trader and TradeLocker on the forex side (plus Tradovate, Rithmic, Interactive Brokers, TradeStation, ProjectX, Tradier, Binance, and Bybit); PMT does NOT support cTrader, MT4, MT5, or DXtrade. Since BluFX ran exclusively on cTrader, PickMyTrade could not connect to BluFX. PickMyTrade is not a broker, not a prop firm, and not affiliated with BluFX, Blueprint Capital, or any BluFX successor. PMT does not hold customer funds, does not place trades without your alert, and does not guarantee trade outcomes.
Past performance does not predict future results. Prop firm trading carries a real risk of loss, including the risk of firm closure and compulsory liquidation as the BluFX example demonstrates. Prop firm accounts are simulated assessment programs. Consult a licensed financial advisor and a tax professional before trading.
"BluFX," "Blueprint Capital," "cTrader," "cBot," "cAlgo," "Spotware," "MetaTrader," "MT4," "MT5," "TradingView," "Pine Script," "FTMO," "FundedNext," "FundingPips," "The5%ers," "Apex Trader Funding," "Topstep," "PickMyTrade" are trademarks of their respective owners.
Last updated: May 2026.