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BuoyTrade is a proprietary trading firm founded with the goal of providing deserving traders with access to significant capital. As traders ourselves, we understand the struggles of starting with a small account and the potential for growth with access to additional funding. Our Institutional A-Book model offers a unique partnership opportunity for skilled traders to take their proprietary trading to the next level. Don't miss out on this exciting opportunity and join us on our journey to success.
Who are BuoyTrade?
BuoyTrade is a proprietary trading firm founded in February 2021. They are headquartered in Singapore and offer their traders the opportunity to work with capital balances of up to $1,024,000, earning 50% profit splits. They are partnered with Eightcap, an Australian broker, to provide access to the institutional A-Book model.
Overview
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MT4
Bank Transfer, Bitcoin, Visa, Wise
Bank Transfer, Paypal
$1,000, $10,000, $16,000, $2,000, $4,000, $5,000
Commodities, Forex, Indices
Eightcap
1:10, 1:2.5, 1:20, 1:5
$1,024,000
Pros and Cons
Pros
Cons
Challenges Introduction
BuoyTrade offers its traders two different account options to choose from: Apex edition and Standard edition funding program accounts. The Apex edition offers traders the opportunity to work with capital up to $1,024,000 in balance and earn 50% profit splits. The Standard edition offers traders the opportunity to work with capital up to $256,000 in balance and earn 30% profit splits. Both account options are partnered with Eightcap, a broker located in Australia.
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Customer Reviews on Trust Pilot
I love blue guardian capital because they are very transparent and honest. I have received payout from their evaluation program and I can say that their customer support is really fast. This is one of the few prop I see where support work for 24hours and ready to assist anytime anyday.
Hi I just purchase an account with help of discount blackfriday and that was nice ! The process is simple and secure receive credential, platform link, receipt immediately in resume it was easy to take. Thanks
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 2 weeks. So far they has been professional but could reply quicker. Customer service confirmed I will be getting my first payout in the next few weeks which I’m pretty happy about. Positives:- Cheaper than other prop firms (FTMO, AlphaChain etc)- Good Trading Interface- Clear rules, easy to follow, solid FAQ page- Professional Customer Service Negatives:- Customer service can be slow- Does not allow purchases in £ Pound Stirling (local currency)- No educational section such as help videos on trading
Trades, withdrawals and anything related to forex has a name! Blue Guardian Capital! I work professionally with forex, cryptocurrencies, nft! At Blue Guardian I got funds for forex trading with a very small and derisory fee!! The site is completely reliable, the support leaves nothing to be desired, I did procedures safely and I can prove it!! Recommended to friends who had great experiences!! Thanks!!
Trading Instruments
Forex
Commodities
Indices
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Crypto
Disclosure:
The trading instruments displayed above are examples of what this prop firm offers, and not all instruments may be shown or the correct brokers may be listed.
Trading Fees
Forex
Commodities
Indices
Crypto
What makes BuoyTrade different from other prop firms?
BuoyTrade is a unique proprietary trading firm offering two direct funding programs, Apex edition and Standard edition. Unlike other industry-leading firms, BuoyTrade has no maximum daily loss rule and no maximum trading period requirements. This allows traders to have almost no restrictions on their trading style, including the ability to trade during news, hold trades overnight, and during the weekends.
The BuoyTrade Apex edition funding program offers a direct funding account with a profit target of 5% for scaling. However, traders can receive a profit split if they reach a profit target of 10%. The two main rules to follow are the 5% maximum loss and one minimum trading day per week. There are no maximum daily loss and maximum trading period rules. This account allows traders to use leverage of up to 1:10.
The BuoyTrade Standard edition funding program also offers a direct funding account with a profit target of 5% for scaling. Again, traders can receive a profit split if they reach a profit target of 10%. The two main rules to follow are the 5% maximum loss and one minimum trading day per week. There are no maximum daily loss and maximum trading period rules. This account allows traders to use leverage of up to 1:20.
In conclusion, BuoyTrade is a unique proprietary trading firm offering two direct funding programs that allow traders to trade without maximum daily loss and maximum trading period rules. This allows traders to have almost no restrictions on their trading style and the ability to trade during news, hold trades overnight, and during the weekends.
Is getting BuoyTrade capital realistic?
It’s essential to see how realistic the trading requirements are when looking at prop firms that best suit your forex trading style. For example, a company offering a high % profit split on a highly funded account sounds great, but if they expect high % gains per month with low % maximum drawdowns, your chances of success become close to zero.
Receiving capital from apex edition funding programs accounts is realistic since they are direct funding programs where you can start earning from the start while working with 1:10 leverage. You have average profit targets (5% to scale and 10% to scale and withdraw) to reach while being able to request your withdrawal on a bi-weekly basis.
Receiving capital from standard edition funding programs accounts is realistic since they are direct funding programs where you can start earning from the start while working with 1:20 leverage. You have average profit targets (5% to scale and 10% to scale and withdraw) to reach while being able to request your withdrawal on a bi-weekly basis.
After considering all of that, BuoyTrade is an excellent choice to get funded since you have two different direct funding programs you can choose from that have realistic trading objectives to follow and conditions to receive payouts.
Payment proof
BuoyTrade was founded in February 2021. They offer bi-weekly payouts to their clients. Direct accounts have the option of either a profit target of 5% without profit splits or a profit target of 10% with profit splits. Funded verified trader accounts do not have a minimum profit target.
Which broker does BuoyTrade use?
BuoyTrade has partnered with Eightcap, an ASIC-regulated broker based in Melbourne, Australia. Founded in 2009, Eightcap has a mission to provide exceptional financial services to its clients. The company has five offices around the world and regulations in multiple locations, enabling clients worldwide to trade in a variety of markets, including forex, indices, commodities, and shares. Eightcap has an average risk level, with a Trust Score of 73 out of 99. The broker offers forex and CFD trading, as well as cryptocurrency and social trading/copy-trading. It has a total of 326 tradeable symbols and 45 forex pairs. Eightcap offers two account types: Raw and Standard. The commissions and fees will vary depending on the account type chosen. Standard accounts have built-in spreads, while Raw accounts have built-in commissions. An overnight fee, which is an interest charge for holding an open position overnight, is another fee to consider. Eightcap is a MetaTrader-only broker and offers MetaTrader 4 and MetaTrader 5 platforms from MetaQuotes Software Corporation. The company has been recognized for its personalized trading experience and efficient technology infrastructure, winning the Best Global Forex MT4 Broker 2020 at the Global Forex Awards.
Support
If you have questions, you may be able to find answers on BuoyTrade's FAQ page. If you need further assistance, their support team is available through their social media accounts or by email at support@buoytrade.com. Their business hours are Monday-Friday from 8:30 AM to 5:30 PM (local time GMT+8). Additionally, their live chat support team is available during the following times: local time (GMT+8): 8:00 AM-9:00 PM, New York (EST): 8:00 PM-9:00 AM, Central Europe Summer Time (CEST): 2:00 AM-3:00 PM. You can also visit their Discord channel, which has a Support channel for any support or technical issues you may encounter.
Conclusion
In conclusion, BuoyTrade is a legitimate proprietary trading firm that offers two different direct funding programs: Apex and Standard edition. The Apex edition program allows traders to skip the evaluation period and start trading a funded account with the potential to earn bi-weekly profit splits. This program has a 5% maximum loss rule and requires at least one day of trading per week, with leverage of up to 1:10. Apex edition accounts also offer the opportunity to earn 50% profit splits and to scale accounts. The Standard edition program has the same benefits and requirements, but allows for leverage of up to 1:20. Overall, BuoyTrade is a good option for traders looking for a prop firm with direct funding programs and clear rules. They are a newer firm, but have attractive conditions and two different programs that cater to a wide range of traders.
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