In this article, you will learn about the key differences between BluFX vs FTMO, including the trading instruments offered, account types and maximum account size, and the 100k account challenge/evaluation prices and rules, to help them decide which platform best fits their needs.
BluFX and FTMO are both prop trading firms that offer different features and options for traders. BluFX offers a smaller range of trading instruments and has four different account plans with a maximum account size of $50,000, but with the option to increase to $1,000,000 with their scaling plan.
FTMO, on the other hand, offers a wider range of trading instruments and has two-phase challenge before funding, with the option to choose between a Normal or Aggressive challenge. The maximum account size for FTMO starts at $200,000 and is capped at $400,000.
Both firms charge monthly fees for their services, with BluFX having a higher monthly fee for their $50,000 Pro account and FTMO having a lower fee for their $100,000 Normal challenge plan. Ultimately, the choice between BluFX and FTMO will depend on the trader’s individual needs and preferences.
Prop Firm Review
BluFX is one of the best prop trading firm that offers a limited range of trading instruments, including 29 major and minor forex pairs and gold.
They have four different account plans available, including two swap-free Lite and Pro plans, and the maximum account size is $50,000, but with the option to increase to $1,000,000 with their scaling plan.
One of the benefits of BluFX is that there is no challenge required for funding, but there is a monthly fee for their services.
FTMO is a well-known prop trading firm that offers a wide range of trading instruments including commodities, indices, forex pairs, crypto, stocks and bonds.
The firm requires traders to complete a two-phase challenge before they can be funded, with the option to choose between a Normal or Aggressive challenge. The maximum account size for FTMO starts at $200,000 and is capped at $400,000.
Once the challenge is completed, traders have the option to select between a Regular funded account or a Swing account with no restrictions on holding positions overnight, over the weekend or trading the news. FTMO also have lower monthly fee for their $100,000 Normal challenge plan compared to other firms.
Blufx VS FTMO
BluFX and FTMO are both reputable prop trading firms that offer different features and options for traders.
BluFX has a smaller range of trading instruments and a simpler funding process with a maximum account size of $50,000, while FTMO offers a wider range of instruments and requires traders to pass a two-phase challenge before funding, with a maximum account size of $400,000.
Both firms have monthly fees for their services, but FTMO have lower fees for their $100,000 Normal challenge plan.
Leverage
Feature | BluFX | FTMO |
---|---|---|
Maximum Leverage | 3:1 | 1:20 |
BluFX offers a maximum leverage of 3:1, while FTMO offers a maximum leverage of 1:20.
Fees
Feature | BluFX | FTMO |
---|---|---|
Monthly Fees | £249 for $50,000 Pro account | €540 for $200,000 Normal Challenge Plan |
Account Opening Fees | None | €540 for $200,000 Normal Challenge Plan, €1,080 for $200,000 Aggressive Challenge Plan |
BluFX charges a monthly fee of £249 for their $50,000 Pro account, while FTMO charges a one-time account opening fee of €540 for their $200,000 Normal Challenge Plan, and €1,080 for the $200,000 Aggressive Challenge Plan.
Profit Split
Feature | BluFX | FTMO |
---|---|---|
Profit Margin | Up to 50% | Up to 90% |
Challenge
Feature | BluFX | FTMO |
---|---|---|
Challenge | None | 2-phase challenge with Normal and Aggressive options |
Challenge Fees | N/A | €540 for $200,000 Normal Challenge Plan, €1,080 for $200,000 Aggressive Challenge Plan |
Challenge Rules | N/A | Varies depending on the challenge plan and rules |
luFX does not have a challenge process and traders can start trading immediately after paying the monthly fee, while FTMO has a two-phase challenge that traders must pass before they can be funded.
The challenge process at FTMO has two options, the Normal and Aggressive challenge plans, which have different fees and rules.
The Normal challenge costs €540 for a $200,000 trading balance and the Aggressive challenge costs €1,080 for the same balance.
The rules for these two plans vary, for example the Normal Challenge requires a profit target of 10% for Phase 1 and 5% for Phase 2, while the Aggressive Challenge requires a profit target of 20% in Phase 1 and 10% in Phase 2.
Account Types
Feature | BluFX | FTMO |
---|---|---|
Account Types | Lite, Pro, Pro Plus, Pro Elite | Regular funded account, Swing account |
Account Size
Feature | BluFx | FTMO |
Maximum Account Size | $50,000 with the option to increase to $1,000,000 with their scaling plan | $200,000 to $400,000 |
BluFX and FTMO are two prop trading firms that offer different maximum account sizes for their traders. BluFX offers a maximum account size of $50,000, with the option to increase to $1,000,000 with their scaling plan.
On the other hand, FTMO’s maximum account size starts at $200,000 and is capped at $400,000. This means that traders who are looking to trade with a larger account size may find FTMO to be a better option, while those looking for a smaller account size may prefer BluFX.
Trading Instruments
Feature | BluFX | FTMO |
---|---|---|
Trading Instruments | Forex, Gold | Commodities, Indices, Forex, Crypto, Stocks, Bonds |
BluFX is a prop firm that allows the trading of 29 major, and minor forex pairs as well as gold. With FTMO, you can trade a wider range of instruments including commodities, indices, forex pairs, crypto, stocks, and bonds.
Founding Date
Date | BluFX | FTMO |
---|---|---|
Formation Date | 2015 | 2014 |
Founders
Feature | BluFX | FTMO |
---|---|---|
Founders | Yu Song | Otakar Šuffner |
Blufx Pros and Cons
Pros of BluFX:
- No challenge process required for funding.
- Offers a simpler and straightforward funding process.
- Specializes in trading forex and gold.
- Has a maximum account size of $50,000 with the option to increase to $1,000,000 with their scaling plan.
- Has different account plans available.
Cons of BluFX:
- Offers a limited range of trading instruments.
- Has a higher monthly fee for their $50,000 Pro account.
- Does not allow weekend trading.
FTMO Pros and Cons
Pros of FTMO:
- Offers a wide range of trading instruments including commodities, indices, forex pairs, crypto, stocks, and bonds.
- Has a maximum account size of $200,000 to $400,000.
- Has lower monthly fees for their $100,000 Normal Challenge Plan.
- Allows weekend trading for Swing account.
- Gives traders the option to select between a Regular funded account or a Swing account with no restrictions on holding positions overnight, over the weekend, or trading the news.
Cons of FTMO:
- Requires traders to pass a two-phase challenge before funding.
- Has higher fees for their $200,000 Aggressive Challenge Plan.
- There is a profit target that must be achieved to pass the challenge, which can be challenging for some traders
Trust Pilot Rating
Feature | BluFX | FTMO |
---|---|---|
Trustpilot Rating | 4.4 based on 965 reviews | 4.9 based on 3,977 reviews |
Scaling Plan
Feature | BluFX | FTMO |
---|---|---|
Scaling Plan | Available | Available |
Total Traders
Feature | BluFX | FTMO |
---|---|---|
Traders | 90,000+ | 74,000+ |
Trading Platforms
Feature | BluFX | FTMO |
---|---|---|
Trading Platforms | CTRADER | Meta4 Trader, Meta5 Trader, CTRADER |
Withdrawal Frequency
Feature | BluFX | FTMO |
---|---|---|
Withdrawal | Weekly | Monthly |
How much is a BluFX account?
BluFX has four plans including two swap-free Lite and Pro plans that cost £139 for $25,000 and £329 for $50,000 respectively. The plans that charge you for swaps cost £99 for $25,000 for the Lite plan and £249 for $50,000 for the Pro plan
Which prop firm is the cheapest?
BluFX has four plans costing from £99 to £329 respectively. u003cbru003eu003cbru003eFTMO requires you to complete a two-phase challenge before you can get funded and you can choose the rules of the game you wish to play. The Normal challenge costs €540 for the $200,000 trading balance and the Aggressive challenge costs €1,080 for the same balance.