BluSky Trading Company is a rising star in the proprietary trading industry, offering a streamlined evaluation process that’s remarkably swift. Traders can secure funding in as little as 8 days, a notable edge over competitors that often require a 10-day waiting period. The firm’s flexible withdrawal system allows traders to cash out daily without a minimum number of trading days, providing them with greater financial agility. BluSky’s business model centers on empowering traders by providing capital and focusing on keeping top performers on board.
Evaluation Process
Traders must complete a minimum of eight trading days, hitting designated profit targets throughout this period. Importantly, these targets must be met consistently across all eight days. To aid traders in this journey, each evaluation account includes a free NinjaTrader license and a digital mentoring service, offering valuable support and resources. Moreover, traders are allowed to trade during news events, giving them the flexibility to adapt their strategies as needed.
Traders have the option to choose from four different BluSky Trading Evaluation Programs:
- Advanced $25K
- Premium $50k
- Premium+ $100K
- Static Growth $150K
Trading Rules
One of the most important things to consider is in the duration of one trading day, total profits must not exceed 30% of their evaluation balance. If profits exceed this threshold, the trader is required to advance to the next evaluation level, effectively reducing the allowable profits for a single day. This rule is designed to maintain a balanced and sustainable trading environment while encouraging disciplined progression through the evaluation process.
To avoid failing the evaluation process, traders must not:
- Fall below the daily loss limit in. single trading day
- Fall below the minimum trailing balance
Once the evaluation process has been successfully completed, traders will benefit from the following:
- $0 Monthly Data Fees
- No minimum trading days
- Ability to withdraw daily via ACH, PayPal, Coinbase, Binance etc.
- A one-time $85 Setup Fee
- 80% – 90% Profit
Completion Of Evaluation
BluLive is one of the few proprietary trading firms that simplifies the transition from evaluation to a funded account through its newly introduced BluLive starting stage. This addition caters to traders who often find the leap to a funded account challenging.
After successfully completing the evaluation, traders can have their results verified instantly, allowing them to start trading without unnecessary delays. Moreover, the company offers a static drawdown in the BluLive account, providing a more predictable environment as traders embark on this crucial step in their careers.
Once traders reach their target fixed drawdown, the prop firm automatically transitions them into a brokerage account, ensuring a smooth transition to the next phase of their trading journey.
- Traders benefit from the following:
- No $85 assignment fee
- No daily loss limit
- Accounts can be created rapidly as there is no coordination with the brokerage
- Simulated executions permit traders to adapt to the platform quickly and easily
Objectives
Traders are only expected to be active for brief windows during the trading day, allowing for flexibility and efficient use of time. The platform’s evaluation process, set at eight days, serves as a quality checkpoint, reinforcing a sense of reliability. Additionally, the 30-day subscription does not entail an account balance reset, empowering traders to maintain their momentum and trade at their own pace.
The Evaluation Process
After paying the initial $85 start-up fee, traders gain access to an account with corresponding capital, allowing them to immediately start trading. All trading activity on these funded accounts occurs within real stock markets, reinforcing the need for users to approach them as genuine, fully-fledged accounts. Additionally, the platform offers unlimited and cost-free withdrawals, providing traders with flexibility and ease when accessing their earnings.
Digital Support
BluSky Trading Company benefits from the profits generated by traders, so the platform encourages them to succeed with their accounts by providing digital mentorship. By facilitating open communication among traders, the platform creates a collaborative environment where traders can exchange strategies and share insights to advance their careers. This underscores BluSky’s dedication to developing long-term relationships with its traders.
The Company doesn’t believe in a one-size-fits-all trading method; instead, it focuses on understanding each trader’s unique style to offer tailored guidance. This approach allows traders to refine their skills without being confined to rigid rules. The company creates a supportive framework with its team of coaches, whose expertise is valuable even to seasoned traders. However, BluSky also respects personal choice, allowing users to opt-out if they prefer. This balance between structured support and trader autonomy establishes BluSky as a platform where traders can thrive on their terms, making it a win-win for both the company and its traders.
Trading Rules and Conditions
Minimum trailing/static balance
Unlike the evaluation, the trailing minimum balance stops moving when you reach your profit target and converts to a static minimum balance for the lifetime of the account.
The minimum trailing balance increases with your highest unrealized balance. It increases with profits, but it does not decrease with losses.
Trading Strategies
All open positions are automatically liquidated 15 minutes before the market’s close. The system enforces a cap on the number of contracts that can be held, and orders exceeding this limit are not accepted. Once a trader earns a funded account, the risk level decreases significantly, granting them greater freedom with fewer constraints on their trades. To maintain an active status, traders must engage in at least one trading day each month. Failure to do so triggers multiple warnings, and persistent inactivity results in fines.
Multiple Accounts
Traders can hold up to two funded accounts at once, offering a flexible approach to portfolio management. However, there’s a strict rule against placing opposing trades—short and long—on the same product at the same time. Violating this policy leads to the immediate termination of the trader’s account. Additionally, it’s crucial for those with a $100k account to remember that it cannot be merged with any other account.
Profits and revenue
The basic principle is straightforward: higher earnings lead to greater profits for traders. In the proprietary trading industry, profit-sharing typically ranges from 80 to 90 percent, depending on the funded account size. BluSky Trading offers successful traders the opportunity to negotiate a personalized profit-sharing agreement. Consistent performers who maintain strong trading results over time can initiate direct discussions with the company to explore bespoke profit-sharing arrangements. Once you have reached your profit goal and the trading day is over, your account will change permanently to static.
For traders seeking greater flexibility and scalability, this company offers a generous solution: they will increase your maximum contract size without requiring a fresh evaluation, no matter what your initial account size was. This policy makes it easier for consistent traders to expand their operations and maintain momentum without additional hurdles.
Withdrawals And Payments
Traders can request withdrawals as soon as they hit their profit targets, with no minimum trading day requirements holding them back. If they submit a request before 12:00 PM EST on trading days, they’ll receive their payments within hours, ensuring a swift and efficient process.
The futures prop firm offers a comprehensive suite of international payment services, accommodating a broad range of payment methods. Not only does the firm support traditional options like PayPal, but it also embraces various cryptocurrencies, ensuring flexibility and convenience.
Trading Platforms
BluSky Trading Company leverages both Tradovate and Rithmic platforms to offer a comprehensive trading experience. Tradovate is known for its contemporary design and advanced technology tailored for futures trading, while Rithmic is a multi-asset trade execution solution. These platforms ensure traders have reliable access to the exchanges and swift order routing. This commitment to cutting-edge technology and performance underpins BluSky’s approach to delivering an efficient trading infrastructure.
Conclusion
BluSky Trading Company is a rapidly expanding proprietary futures trading firm, distinguished by its generous profit-sharing model that offers traders up to 90% of their earnings. This high-profit sharing is not entirely unique among prop firms, but BluSky’s commitment to a long-term scaling strategy sets it apart. What truly elevates the experience at BluSky is their personalized one-on-one coaching program, tailored for futures traders who seek to sharpen their skills and deepen their market understanding. Unlike some other prop firms, BluSky avoids restrictive targets and overly complex trading rules, creating a more flexible environment for traders.
The platform’s low entry fee makes it accessible to a wide range of traders, and its straightforward trading conditions are excellent. Although news and weekend trading are prohibited, BluSky differentiates itself by allowing funded accounts to request daily withdrawals and payouts—something quite rare among futures proprietary trading firms. This flexibility and focus on trader development make BluSky an appealing choice for those seeking a supportive prop trading environment.
Please refer to the following pages of our website to read about similar other Futures Prop Firms in the industry such as: Elite Trader Funding Review