In this review, we'll explore BluSky Trading Company, a prop trading firm that offers funding opportunities to futures traders. BluSky aims to provide real capital to successful traders, allowing them to profit while growing their trading careers. With a focus on daily withdrawals and no minimum trade days, BluSky Trading Company stands out in the competitive prop trading landscape.
About BluSky
BluSky Trading Company is a prop trading firm that operates in the futures trading space. Their website highlights a team of experienced traders and software developers, indicating a commitment to both trading expertise and technological advancements. The company offers evaluation accounts with different funding options, allowing traders to choose the account size that best suits their needs and goals.
What's Unique about The BluSky Trading Company?
No minimum days until first withdrawal:
Unlike many other prop firms, BluSky Trading Company allows traders to withdraw their funds immediately after passing the evaluation stage, providing flexibility and quick access to profits.
Immediate withdrawal process:
BluSky facilitates daily withdrawals, ensuring that traders can access their earnings promptly, contributing to a favourable cash flow.
Daily loss on funded account doesn't fail your account:
Rather than terminating your account, BluSky Trading Company's system prevents you from trading for the day if you reach the daily loss limit. This approach allows traders to resume trading the next day, minimizing the impact of temporary setbacks.
One-time pro account fee with no monthly fees:
BluSky charges a one-time setup fee of $85 for funded accounts, eliminating the burden of recurring monthly fees commonly associated with prop trading.
Wide range of supported platforms:
BluSky Trading Company supports various trading platforms, including ATAS, Bookmap, Motivewave, NinjaTrader, Quantower, R | Trader, and Sierra Charts, catering to traders' preferences and ensuring a seamless trading experience.
Pros and Cons of The BluSky Trading Company
Pros:
No minimum days until first withdrawal, providing traders with immediate access to profits.
Daily withdrawals processed promptly, enabling traders to manage their finances efficiently.
One-time pro account fee instead of monthly fees, reducing ongoing costs.
Multiple supported platforms, accommodating traders' preferences and ensuring platform versatility.
Coaching opportunities available for traders to improve their strategies and professional growth.
Cons:
News trading not allowed, limiting certain trading strategies.
Overnight and weekend positions not permitted, which may restrict certain trading styles.
No MetaTrader platforms supported, potentially inconveniencing traders accustomed to MetaTrader functionalities.
BluSky Trading Company focuses exclusively on futures trading, limiting access to other asset classes.
No free trial available to test the program's features and evaluate its suitability.
The Final Score
BluSky Trading Company offers a compelling proposition for futures traders seeking funding opportunities. With features like no minimum days until the first withdrawal, daily withdrawals, and a one-time pro account fee, the firm emphasizes flexibility and accessibility for traders. While certain limitations, such as news trading restrictions and the absence of MetaTrader platforms, should be considered, BluSky Trading Company presents a viable option for aspiring and experienced futures traders.
Getting Started
To get started with BluSky Trading Company, follow these steps:
Click here to visit the BluSky Trading Company Website and automatically claim your Prop Up Trading Discount
Choose the evaluation account size that aligns with your trading goals.
Sign up and complete the evaluation phase, adhering to the specific trading rules and objectives.
After passing the evaluation, BluSky Trading Company will contact you and your brokerage partner to set up an account.
Finalize the necessary agreements and pay the $85 setup fee.
Once your account is funded, you can begin trading and enjoy the perks offered by BluSky Trading Company, such as daily withdrawals and coaching opportunities.
Disclaimer: Trading and investments involve significant financial risks, and it is important to do thorough research and seek professional advice before engaging in any trading activities. The step-by-step guide provided here is for informational purposes only and should not be considered as financial advice.
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