Old company page Reviews 32

TrustScore 4 out of 5

4.2

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Rated 5 out of 5 stars

I am currently doing the verification steps which has been pretty smooth so far. The FAQ’s explain quite a lot of questions but I had to contact customer service various times over the last... See more

Rated 1 out of 5 stars

Blue guardian is a big Scam! Passed my phase 2 of the 200k challenge 17 days ago! And didn’t receive my funded account. They said that the account was flagged but without any reason. I respecte... See more

Company replied

Rated 5 out of 5 stars

HI i just purchase an account with help of discount blackfriday and that was nice ! The process is simple and secure I receive credential, platform link, receipt immediately in resume it was easy... See more

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4.2

Great

TrustScore 4 out of 5

32 reviews

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Rated 1 out of 5 stars

Blue guardian is a big Scam

Blue guardian is a big Scam! Passed my phase 2 of the 200k challenge 17 days ago! And didn’t receive my funded account. They said that the account was flagged but without any reason. I respected all rules

They clearly don’t want profitable trader. I will be filing a complaint against the CEO “ Bainton Sean finbar and against the company itself called iconic Exchange limited


The customer service is not answering anymore.

It’s simple: DONT INVEST IN BLUE GUARDIAN!!!

July 18, 2022
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Reply from Old company page

Dear Matthias,

Thank you for your review as we will take the points mentioned above into consideration.

As oppose to a key point you mentioned above, "passed the challenge 17 days ago". First of all, your phase 2 evaluation account only traded for 3 trading days (trades executed on the 1/06, 15/06 and 01/07) hence the 5 min. trading days were never met in the first place.

Secondly, with the 3 trades that were traded, 80-85% of the profit were solely made on one single trade. Although we do not have a consistency rule and this will not lead to a violation of the evolution, it is extremely difficult for the account analysis and risk management team to understand your strategy based on such small sample size of 3 trades. Due to rejecting your funding a 100% refund was processed for you.

BGC is a proprietary firm seeking for profitable traders who can demonstrate their skills via a series of trades they execute, and not "traders" who attempts to pass the challenge leveraging high risks.

Rated 1 out of 5 stars

Oh It's so bad to hear your feedback

Oh It's so bad to hear your feedback. I can provide your chat with me so I can re-evaluate for you once you have paid me and I did it for you in the hope that you will quickly change the system to make it better. . But received your reply again. I write here so others don't waste money and time for irresponsible companies like you. I also don't need to get your refund back and I DON'T WANT TO CONTINUE WORKING WITH YOU. I think you should choose another major because this job is not suitable for you

June 13, 2022
Unprompted review
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Reply from Old company page

Dear Thuy,

You were a funded trader with us who received their first payout. After requesting your bank details we sent the payment and everything was fine as we were waiting for you to confirm receiving the payment. After a week you said you never received and started blaming us and staying we never sent it to you.

After many weeks back and forth you apologised saying you had in-fact sent us the incorrect bank details and requested us to send the payment to the new one. By this time you had already defamed us in many groups and on trust pilot.

We honoured your original profit and contacted our bank and managed to get the payment reverted and sent to you after many extra working hours and fees.

We decided after this headache we no longer wanted to work with someone who blamed us for their own mistakes.

Your refund should've been send along with that payment you received. If you made the original payment with paypal please reach out to billing@blueguardiancapital.com and we get the refund sent as we no longer use this as a payment provider.

We wish you all the best going forward and hope another firm can handle your needs.

Rated 1 out of 5 stars

Blue Guardian Capital refused to fund…

Blue Guardian Capital refused to fund me after I passed their challenge. The reason was I placed 0.01 lot for pass 5 minimum trading day. The problem is there is no consistency rule on their websites. So it's like a hidden rule. Beware with this kind of prop firms.

May 27, 2022
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Reply from Old company page

Hello,

We mention in our FAQ that we require you to trade the same strategy for the 5 minimum trading days. We allow you to reduce you risk after reaching the profit target but want you to continue to place trades the same way as you would've before.

Rated 1 out of 5 stars

My Experience with BGC

No need to chat or email them as getting credentials was quick and smooth. Love the clear and well thought out dashboard. The low profit targets of just 6 percent in both phases is one of the lowest in the industry.

UPDATE: May 23, 2022 Be aware there are subjective consistency rules that are not clearly outlined in the FAQs or rules page. I met the 6% target on my first trading day of Phase 2, then entered micro lots on four consecutive days to complete the five day minimum requirement in order to pass. After a review, which took six business days to complete, my trading style/strategy was deemed inconsistent with their goals for accepting a trader. Obviously they are worried I would enter micro lots as a funded trader. I was under the assumption that prop firms were primarily attempting to find talented traders to be able to copy their trades in order to generate revenue to pay their traders. I will say they graciously agreed to refund my registration fee.

Update, Jun 11, 2022: BGC offered to refund my subscription fee stating it should be done in 5-7 days. After 15 business days that has not happened. When you become "persona non grata" they won't answer emails. I thought they needed more staff because they are so slow to respond but really, they are mismanaged and unprofessional. Don't let a 15% discount entice you to trade for them. The best prop firm out there is Funded Trading Plus. Take a look at their scaling plan. Don't waste your time with BGC. They really are a joke.

Update June 24, '22... After 25 business days I received the refund as promised. End of story.

May 7, 2022
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Reply from Old company page

Dear Ana,

Apologise for the delay. This refund situation was due to us no longer using paypal therefore the refund never actually went through after we initiated it. It was marked complete on our side so we didn't follow up.

After realising this I have personally reached out in order to get a different payment method so you can receive the refund. Additionally, we will be adding compensation due to this delay and hassle.

Thanks for understanding.

Dylan

Rated 1 out of 5 stars

Scam .

Scam .. stay away from this ppl. After you pass they will come up with random reasons to fail you

Next Funding Talent

Read the full details below

I have passed 200K Phase II on Friday and sent email to them and today I got email saying same trades placed in different account and they rejected my funding account and they Sent me one screen shot which shows similar trades being placed... I never used copier or copied my trade to anyone ...

Doubt I am getting is I use a breakout EA which place trade during high volume time and after breakout.. close of the trade is based on time I set as input. this EA is purely developed my me and never shared to anyone

Everyday I change lot size to different numbers 1.51,1.83,2.21 this kind of random number with close time as 64 Sec, 73 Sec like that.

when I asked for identity and IP address of another account they are not providing. if they say copy trading IP should be same for both traders which they refused to give

I am strongly believe that they themselves copy traders trade to their dummy account and using that as reason to fail ppl or they takes their own time to create the PDF which has same trade for couple of days as me and sent it.

If ppl passing they need to payout from own money until they copy our trades so they don't want ppl that are passing instead they gave refund and trying to run business with failed challenge people as their profit split is very less for them from the funded trader

February 17, 2022
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Reply from Old company page

Dear Vinoth,

We are sorry for your bad experience with our company but our rules are strict with copy trading to avoid over exposure.

We wish you all the best and success on your future endeavours.

For more information please email our support@blueguardiancapital.com

Rated 3 out of 5 stars

Blue Guardian Capital

So after not choosing to continue after i passed the challenges and a large storm over my options on my review. I offered to keep trading with them to help prove they are a serious company. They choosen they dont want and i have to respect that. So i cant say if they are real or not as i cant finalize review. One think i can confirm after many many days wait finaly got my refund back. the 15% extra they offered i sent back as many know me i dont accept bribes or extra to change my reviews. So to conclude refund did finally return and i will be closing the book on this and hopefully in the future someone can help prove if they are serius or not. Happy New years and trade safe all.

December 21, 2021
Unprompted review
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