BluSky Trading Company is an up-and-coming proprietary trading firm based in Florida, US. Their business model works on funding and retaining successful traders; therefore, the company wants their customers to become successful funded traders. The prop firm gives you real capital when you pass their evaluation phase, not just another simulator. Traders can get funded in as little as 8 days and have withdrawals processed daily with no minimum trading days. BluSky Trader Funding Programs have removed some of the restrictive rules that crash your funded account to provide traders with a more flexible proprietary trading platform. Their main goal it to see traders succeed rather than fail.
Promo Code: FUNDEDPROGRAM20
Choose the funded account that best suits your needs. Trading is ideal when you feel most comfortable. If you can trade consistently and profitably for a prolonged period in your present funded account, BluSky Trading will assist you in raising your limits.
Trade Objectives
To successfully pass the BluSky Evaluation you must achieve the following three goals to pass the test:
- 1. Trade at least 8 days (A trading day starts at 6PM EST and ends at 5PM EST the following day.)
- 2. Reach the profit target
- 3. Have consistent profits
Trading Rules
Your total profits from a single trading day cannot exceed 30% of your completed evaluation balance. Your account will not fail as a result. If that is the case, you will simply need to reach a higher evaluation level to reduce the profit from one trading day if exceeding 30% profit of your evaluation target.
There are just two possible outcomes for failing the evaluation:
- Fall below the minimum trailing balance.
- Fall below the daily loss limit in a single trading day.
There are three different BluSky Trading Evaluation options for traders to choose from:
- $25K account
- $50K account
- $100K account
Each assessment account gives traders a complimentary NinjaTrader licence, one-on-one and digital mentoring, and even though the assessment objectives and rules vary, the cost of evaluation reset is $85. While in the review phase, you are allowed to trade the news if you wish.
Account | Advanced $25K | Premium $50K | Premium+ $100K |
Maximum Contracts | 4 mini / 40 micros | 10 mini / 100 micros | 14 mini / 140 micros |
Profit Target | $1,500 | $3,000 | $6,000 |
Minimum Trading Days | 8 | 8 | 8 |
Consistency Threshold | 30% | 30% | 30% |
Trailing Drawdown | $1,200 | $2,000 | $2,500 |
Daily Loss Limit | $600 | $1,000 | $2,000 |
Pricing | $120 | $152 | $232 |
The following benefits are yours after you a score a funded account and pass the evaluation phase:
- $0 Monthly Data Fees
- $85 (One-Time) Setup Fee – No Monthly Fees
- 80% Profit | Up to 90% Profit
- Ability to withdraw daily via Deel which supports ACH, PayPal, Coinbase, Binance and many more.
No minimum trading days to withdraw your earnings.
BluLive eases the transition to a funded account:
Many of their traders were having trouble transitioning into a funded trading account. Therefore, to help in the transition, the prop firm has recently established a less stressful starting stage when going funded. It’s called BluLive. Once you successfully pass the evaluation, the company will quickly verify your results and create your BluLive account. No more obstacles, goals, or requirement, just a fixed drawdown! Overall, this should help reduce the stress from traders.
- They have removed the $85 assignment fee.
- There is no longer a daily loss limit.
- No more daily loss limit: you can trade more comfortably.
- Simulated executions; knowing it’s not immediately a real live brokerage account lets you adapt more naturally.
- The account is created quicker because we do not have to coordinate with the brokerage yet.
Once you have reached a fixed drawdown in BluLive:
The prop firm will move you into a funded brokerage exactly where you left off, with no more goals or requirements.
Account Size | When you move to Brokerage | With Fixed Minimum Balance |
$25,000 | +$1,500 | +$300 |
$50,000 | +$3,000 | +$1,000 |
$100,000 | +$3,500 | +$1,000 |
Max contracts (50% while in BluLive)
$25,000 | 2 minis / 20 micros |
$50,000 | 5 minis / 50 micros |
$100,000 | 7 minis / 70 micros |
Promo Code: FUNDEDPROGRAM20
You are only required to trade a small part of the days at a time. BluSky Trading Company is attempting to be more reliable by setting the minimum trading days at 8, as opposed to many other prop firms who require a minimum of 10 days. After 30 days, your subscription will renew itself automatically. Following the renewal of your membership, they do not reset your account balance so you can trade your account at your own pace.
Pass the evaluation phase
To set up a funded account, BluSky Trading will get in touch with you and your brokerage partner. After paying the $85 start-up fee, your account will get credited with the appropriate risk. Then you can start trading.
Trade on the funded account
You must treat this funded account as if it was a real one because it is. Every action you perform on this funded account will occur on the markets. BluSky Trading encourages traders to succeed with this actual trading account since they eventually benefit from your success. You are also free to withdraw as much as you like whenever you like.
Follow-up funding support
BluSky Trading Company wants traders to reach out to them to talk about their trading strategies and see if they can provide any suggestions. Also, the prop firm believes that conversing with traders who share their interests is excellent for the development of one’s trading career. Even the most experienced traders can benefit from the perspective of having a coach. However, if you do not wish to be dealing with a coach, that is completely okay too.
Drawdown
Your largest unrealized balance increases the minimum trailing balance. It accurately traces that amount by your “Trailing Drawdown”. The daily loss limit is not trailing. It is depending on your beginning balance for that specific day.
The daily stop loss does not fail your funded account, unlike the evaluation stage. You will simply not be able to place any further trades that day, until the next trading day.
You have ability to ask for this daily loss limit to be raised if you end a day with a balance above your profit target. To protect themselves against oneself until the end of the day, they recommend everyone to place daily stop losses. This protection can be set up by the brokerage firm for you
Trading Strategies
You are not allowed to trade the news, and all open positions will be liquidated around 15 minutes before the market closes. You cannot use too many contracts; their system limits your max contracts automatically and will safely reject orders that are too large.
You need to trade at least once per month to keep the account active or the brokerage firm will charge you a fee and issue warnings. Once you have earned a funded account and are outside the risk zone, the prop firm can let you trade freely without almost any restrictions.
Multiple Accounts
You may have up to two funded accounts open at the same time. Note that 100k account cannot be combined with a different size account. The company also forbids traders from placing simultaneous trades in the opposite direction (short & long) on the same product if you have two funded trading accounts. The brokerage will cancel your account permanently if such action occurs.
Account Size | Max Accounts | Trade Copier Allowed |
$25,000 | 2 | Yes |
$50,000 | 2 | Yes |
$100,000 | 1 | ✘ |
Max Accounts & Copy Trading
Reset
Most traders do not pass the evaluation on their first attempt. If you do not pass the evaluation the first time, you can reset it for an $85 fee and try again. Keep in mind that this does not change or extend your subscription billing cycle.
Promo Code: FUNDEDPROGRAM20
BluSky Trading’s business model is focused on retaining successful traders. Therefore, the more you earn, the more of that profit you get to keep. The profit share ranges from 80% to 90%, depending on the size of the funded trading account. This is in line with what is being offered in prop trading space. You can also negotiate a custom percentage directly with BluSky Trading if you have proven yourself as a talented trader for a sustain period.
Account lifetime profit withdrawals | Percentage of profit for trader |
0 – $20,000 | 80% |
$20,000 – $50,000 | 85% |
$50,000+ | 90% |
$100,000+ | Custom offer |
Scaling Plan
The scaling plan before reaching your profit targets are as follows:
Max Contracts | Daily Loss | Trailing drawdown | |
$25K | 2 minis / 20 micros | $600 | $1,200 |
$50K | 5 minis / 50 micros | $1,000 | $2,000 |
$100K | 7 minis / 70 micros | $2,000 | $2,500 |
Your account will permanently change to static after you achieve your profit goal, and the trading day is over.
Max Contracts | Daily Loss | Static minimum balance | |
$25K | 4 minis / 40 micros | Removable | Static at $26,000 |
$50K | 10 minis / 100 micros | Removable | Static at $51,000 |
$100K | 14 minis / 140 micros | Removable | Static at $101,000 |
BluSky Trading Company will be pleased to extend your max contract size without asking you to start a new evaluation again if you are consistently trading and need more space (independent of the initial account size).
There is no minimum number of days to trade when requesting a payout in your funded trading account. You only need to first attain your profit goal (unrealized or realized).
Account Size | Minimum Balance after withdrawal |
$25,000 | $26,200 |
$50,000 | $51,200 |
$100,000 | $101,200 |
Deel Payments
Deel.com is used for payouts. They provide payment services internationally and support a variety of payment methods such as ACH, PayPal, Coinbase, Binance, any many more.
On weekdays (excluding holidays), payout l requests made before 12 PM EST are handled the same day. Typically, ACH transfers take one to three business days to clear.
BluSky Trading Company supports any Tradovate and Rithmic platforms. Tradovate provides innovation to futures trading by building their platform efficiently for high speed and multi-device trading using technology designed for active futures traders. As for Rithmic, it develops multi-asset trade execution software while providing reliable exchange connectivity and fast order routing through these industry-leading trading platforms:
- Bookmap
- Jigsaw Trading
- Motivewave
- Ninja Trader
- Quantover
- Sierra Charts
- TradingView
- Tradovate
You can trade Futures & Options on Futures all in the same platform exchanges including the New York Mercantile Exchange (NYMEX), the Chicago Mercantile Exchange (CME), and the Chicago Board of Trade (CBoT).
Commission on the evaluation accounts are $2 per side for minis and $0.50 per side for micros. Funded Trading accounts commissions are priced by the brokerage but are usually less expensive than the evaluation.
Maximum Capital | $100,000 |
Profit Split | Up to 90% |
Scaling | Yes |
News Trading | ✘ |
Weekend Trading | ✘ |
Automated Trading | ✘ |
Free Trial | 1st Step Free |
Maximum Leverage | 1:2 |
- First step FREE!
- No minimum days until first withdrawal
- Up to 90/10 profit split
- Instant withdrawal process
- Daily loss on funded trading account does not fail your account, it just stops you from trading that day
- One-time pro account fee with no monthly recurring fees
- Trading the news not allowed
- Cannot hold overnight positions or weekends
- Futures trading only
Promo Code: FUNDEDPROGRAM20
Overall, BluSky Trading Company offers competitive funded programs with a scaling plan and generous 90% profit share. The objectives are simple and trading rules are straightforward. You can trade a wide selection of financial instruments on professional trading platforms with great trading conditions. Weekend trading and news trading are not allowed but BluSky Trading’s initial fee is affordable, and to our knowledge, it is the only futures prop firms allowing funded accounts to request daily and instant withdrawals. The trailing drawdown is quite rigorous, but profit targets are achievable. To conclude, we believe that BluSky Trading Company has the potential to become one of the leaders in the futures proprietary trading industry.