Managed Account Review: Blue Trading

Today I’m looking at a new managed trading account service promising to watch traders accounts live 24 hours a day, Blue Trading. The developers of this service claim that they utilize “four separate trading systems that it been tested through all market conditions to be consistently profitable.” They believe that by utilizing multiple trading strategies, that they can provide traders with aggressive returns.

Owned and operated by the Blue Group, founded in 2015 by Richard Anderson, they are located at 6-2-30 Roppongi, Roppongi Hills Tower, Minato-ku, Tokyo, 100-0032, Japan. For support, they have 16 different numbers, serving Europe, Asia, Australia, Canada, Germany, Hong Kong, Indonesia, Ireland, Italy, Malaysia, Qatar, Saudi Arabia, Singapore, South Africa, Switzerland and United Arab Emirates. I’m not going to list all of these numbers, so if you’re looking for phone support, I recommend getting the direct number from the BT website. For general info, or to reach the support desk traders can email info@bluetrading.com.

Blue Trading Review

The creators of the Blue Trading managed account service promise the Forex community that the use of vested analytical models to ensure that only the highest probability trades are taken. They use sophisticated money management principles, and proprietary trading strategies that are “monitored 24 hours to ensure safety of client funds.”

The benefits of the managed account are highlighted by the trading team with 40 years of combined experience, and a diversified strategy that uses 5 traders and more than 10 trading strategies. All of their strategies are proprietary, so they have full ownership of their trading approach, and different methodologies that they use to inform their decisions. I always prefer developers like these that are creating their own systems, instead of relying on the work of other traders. They have 40 years of experience, so it’s important that they are taking advantage of that.

The managed account service works by utilizing an advanced MirrorTrader’s master platform, which allows for the management of thousands of accounts simultaneously, while still keeping all accounts segregated from each other. This is much in line with the approach of many Forex Social Trading Networks, except that this management firm is in full control of the trades so traders don’t have to pick through hundreds of accounts, trying to find what suits their needs. In this case, the vendor does all the work for you.

Breakdown

• Type: Managed Trading Accounts
• Founded: 2015
• Location: Japan
• Minimum Investment: €3,000
• Performance Fee: 12-18%

In order to take advantage of the Blue Trading managed account program, traders are required to invest a minimum of €3,000. This entitles traders to the standard account, which comes with an 18% performance fee, no spread markups, immediate withdrawals, and 24 hour support. There is also a VIP account, which requires a minimum investment of €12,500, which comes with a 12% performance fee, 24 hour access to the trading dashboard to view trades and a 45 day new account trial period where no performance fees are charged.

Trading Results

As mentioned in the breakdown, traders have access to the Blue Trading platform at all times via computer, smart phone or tablet. This platform allows traders to monitor and analyze all trades that are being taken on their behalf.

With that being said, let’s take a closer look at the actual track record of this managed account service. The developers provide us with a table labeled “full compounded performance since inception,” that shows the service is gaining anywhere between 500-800% per year. These are some very impressive numbers, and it’s clear that the strategic team is using some effective Forex money management tactics to utilize each winning trade to fuel the next.

The compounded performance numbers are backed up with a large collection of Myfxbook accounts. They currently provide traders with 13 different trading accounts to show their clients the multitude of strategies available. Where other networks rely on the community to provide trading accounts, and strategies, the BT vendors are dedicated to building their own systems and methods to ensure that the community has options. Below you can see one of the thirteen accounts, which has a low drawdown at 17% and a monthly gain of nearly 10%. This low risk account, is just one of many examples that prove the viability of this managed service.

It’s always good to see a company that is doing everything they can to provide a high level of transparency with their track record.

Client Feedback

In doing additional research, I came across multiple positive reviews that have surfaced in the last month. The two latest reviews are showing 5 star returns with clients doting on the aggressive approach, which has led to impressive monthly gains.

Conclusion

The Blue Trading managed account service comes across as professional, transparent and strategically minded. While, my main focus has never been managed accounts, the BT team deserves my recommendation.

Thank you for reading the review, and please let me know if you have anything you would like to add.