How is BluFx different to other Forex firms?
Our main motivation for the BluFX platform is not limited to subscriptions or profit splits from the traders at stage 1. We also provide a product for our investors which is based on AI that follows the promoted traders in stages 3 and 4. It works on consensus to determine which traders are ‘in the zone’ and offers a consistent profit with very low drawdown on a 2-1 leverage basis. We have actually just been regulated and are about to offer this on a copy basis to retail investors.
This provides the motivation to provide our funded accounts indiscriminately to traders with different strategies, ability and backgrounds within the set parameters. These parameters are designed to filter those able to apply the behaviour required for low leverage/low drawdown/consistent return that we guarantee our big investors. Therefore the parameters are quantitatively designed to achieve our objectives for the BluFX project.
The harder the challenge at stage 1, the more robust our results with our investor product BluCo - and the more profit for the promoted trader who still pays the same subscription amount at the later stages.