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BluSky Futures prop firm review – Promising futures prop firm

BluSky

licences

Headquarters:

United States

minimum_deposit

Max Funding:

200,000 USD

maximum_leverage

Platforms:

All Tradovate, TradingView, and Rithmic platforms including NinjaTrader (paid by the firm)

spread

Year founded:

2022

bonus

Promo Code:

N/A

clients

Min Funding:

25,000 USD

BluSky Futures prop firm review – Promising futures prop firm

BluSky prop firm is a futures prop trading company offering funded accounts for futures traders. The range of funding options includes 25k to 200k USD buying power options. The pricing starts from 151 dollars for 30 days. The firm just like many other futures prop firms has monthly subscription fees for its funded challenges. Profit sharing is 90% and payouts can be requested every day from Monday to Friday. Since the firm’s offerings seem so attractive, let’s conduct its unbiased analysis.

In today’s BluSky review, we will assess the firm’s most critical features including safety, rules, funding options and types, assets, fees, support, and more.

Pros & cons of BluSky prop firm

Pros

Cons

Provides access to all Tradovate, TradingView, and Rithmic platforms Lacks trader reviews on the FPA and 8% of reviews on Trustpilot are 1-star evaluations
No funded consistency or minimum-day payout rules Only offers futures assets for trading
Same-day account activation after passing Evaluation Most trading is done on simulated funded accounts
Provides 1 on 1 training Lacks multilingual support

Quick rating of BluSky and its features

FPA Score Not rated yet
Year founded 2022
Headquarters United States
Minimum audition fee 151 USD per month
Fees on withdrawals 0 USD
Minimum funded amount 25,000 USD
Maximum funded amount 200,000 USD
Allowed daily loss 2%
Profit target 6%
Maximum trailing drawdown 2.5%
Profit sharing (Payouts) 90%
Trading Platforms All Tradovate, TradingView, and Rithmic platforms including NinjaTrader (paid by the firm)
Available trading markets Futures

Safety of BluSky – 1.5

When it comes to safety, BluSky reviews are lacking on the FPA, which is usually a red flag. On Trustpilot, the firm managed to receive around 300 reviews and only 8% are 1-star evaluations, indicating that the firm has some issues but is overall decent. Another crucial aspect when evaluating the firm’s safety is its experience in the prop trading industry. BlueSky was launched in 2022, which gives it a decent amount of experience in the industry.

BluSky

The firm gets a 1.5 score in this section, as it has experience in the field.

BluSky Funding and Maximum Capital Allocation – 2.5

BluSky funded programs are divided into two evaluations, premium evaluations, and static evaluations. Premium challenges offer funding options of 25k, 50k, and 100k USD amounts, while the static accounts include 150k and 200k USD options.

BluSky funding options lack smaller amounts such as 10k or 5k, which is a major downside for beginners. However, in the USA where the firm is located, it is common to have at least 20k USD for day trading activities.

BluSky challenges have very well-defined rules and objectives which are listed for both account types, making it easy to check every trading condition before purchasing and starting the challenge.

BluSky scaling plan is available at the moment and when trader shows consistency they can cooperate with the firm to start the scaling plan. The firm does not require additional challenges or targets to enable scaling plans for its traders.

Overall, the firm gets a 2.5 score in this section.

BluSky Assets – 1.5

BluSky prop trading is possible by speculating on futures markets. There are a multitude of assets offered in the form of futures such as currencies, commodities, equities, and so on. Each funded option allows for a limited position size or contract. 25k USD challenge allows 4 mini / 40 micros, 50k USD 10 mini / 100 micros, 100k USD 14 mini / 140 micros, 150k USD Eval: 10 Micros / 1 Minis, Funded: Up to 20 Minis, and 200k USD allows Eval: 20 Micros / 2 Minis, and Funded: Up to 30 Minis.

Overall, the firm gets a 1.5 score in this section for offering only one asset class for trading.

BluSky Trading rules and limitations – 0.9

BluSky rules are clearly explained on the website where funded accounts are offered, which is flexible. Let’s list the most important requirements set by the BluSky prop firm:

  • Profit target – 6%
  • Daily loss limit – 2%
  • Maximum drawdown – 2.5%
  • Consistency – 30%
  • NinjaTrader license – Yes

The consistency rule is 30% which prevents gambling behavior by limiting the percentage of single trade profit when compared to total profits. The firm allows news trading, which might be attractive for traders who are scaling news events for profits, but they still have to follow the consistency rule.

Overall, the firm gets a 0.9 score in this section, as it has very strict daily and maximum drawdown limits.

BluSky Fees – 2.5

The pricing is monthly subscription-based with BluSky which is common with prop firms. Let’s list funding options and their respective monthly fees for 30 days:

  • Funded amount: 25k USD – Monthly fee: 151 USD
  • 50k USD – 204 USD
  • 100k USD – 305 USD
  • 150k USD – 215 USD
  • 200k USD – 395 USD

BluSky free trial is not offered at the moment and the BluSky free repeat is not available either. Traders have to be careful when developing strategies, as they won’t be able to test their methods before purchasing challenges.

The firm gets a 2.5 score in this section.

BluSky Platforms – 3.5

The firm allows access to all Tradovate, TradingView, and Rithmic platforms including NinjaTrader (paid by the firm). This allows traders to select their favorite futures trading platform including NinjaTrader which is offered for free as the firm covers all its fees for the trader. These platforms are advanced and allow all functionalities, which is very useful. Mobile trading is also available, as well as web trading. These platforms offer a large base of custom indicators and support automated trading capabilities. This is especially true for TradingView and NinjaTrader.

Overall, the firm gets a 3.5 score in this section.

BluSky Profit-Sharing – 3

BluSky profit split is 90% which is very attractive. This is a very competitive amount.

Payouts can be requested every day from Monday to Friday, which is also very flexible. Withdrawals are processed within 1-3 business days, which is slightly slower than the industry average of 1-2 business days. However, since traders can request daily payouts, this is a minor inconvenience.

Overall, the firm gets a 3 score, losing 2 points for slightly slower payout processing times.

Education and trading tools at BluSky – 2.5

The firm offers traders the ability to conduct 1 on 1 training with the firm’s expert trainers. This is very useful especially in the niche trading sector such as futures trading as these asset classes are unique and require a different approach than traditional online training such as Forex.

Overall, the firm gets a 2.5 score in this section.

Customer Support at BluSky – 3.6

Customer support is critical in prop trading and BluSky offers all popular options including live chat, email, and phone support. There is also a Discord support channel available. The only minor downside with the firm is the absence of multilingual support and a website.

Overall, the firm gets a 3.6 score in this section.

Frequently Asked Questions on BluSky

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Is BluSky a good prop firm?

What is the minimum BluSky fee?

Profit Target

6%

Maximum Daily Loss

2%

Maximum Loss

2.5%

Profit Split

90%

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