By Alex Firdaus · Updated September 21, 2026 · Data checked September 21, 2026 against Blue Guardian's competition rules page, last revised March 13, 2026
Short version: Blue Guardian runs a free trading competition every month, capped at 5,000 traders. The top 50 on the leaderboard win Instant Funded accounts worth $850,000 in total, and the top three also split $1,000 in cash. You trade a simulated account on Match-Trader or MT5 under an 8% max loss and a 4% daily loss. No entry fee, no profit target, no algos.
Buying a paid challenge instead? Code FT10 takes 10% off.
Table of Contents
This month's competition
A new Blue Guardian competition opens on the first day of every month at 08:00 UTC and closes on the 30th at 22:00 UTC. Registration happens on the Competitions page inside the Blue Guardian dashboard, and it stays open until the 5,000 seats are gone.
The September 2026 competition closes on 30 September at 22:00 UTC. If you are reading this in the last week of the month, register for October instead. Entering late leaves you fewer trading days than everyone above you on the leaderboard, and the ranking is based on gain, so time is the one thing you cannot claw back.
Prize breakdown, all 50 places
Fifty places win something. Three of them win cash. The other 47 win an account, which is funding rather than money in your pocket.
| Finish | Cash | Account |
|---|---|---|
| 1st | $500 | $200,000 Instant Account |
| 2nd | $300 | $100,000 Instant Account |
| 3rd | $200 | $50,000 Instant Account |
| 4th to 5th | None | $50,000 Instant Account |
| 6th to 10th | None | $25,000 Instant Account |
| 11th to 25th | None | $10,000 Instant Account |
| 26th to 50th | None | $5,000 Instant Starter Account |
Add the accounts up and the monthly pool is $850,000 in Instant funding against $1,000 in cash. Blue Guardian reviews the top 50 after the month ends and emails winners within three business days.
Competition rules and trading conditions
The risk rules mirror a live Blue Guardian account, which is the point. Breaking one does not cost you money, it just ends your month.
| Rule | Setting |
|---|---|
| Max overall drawdown | 8% of the starting balance, measured on equity including floating positions |
| Max daily drawdown | 4% of the starting balance, reset at the 5pm EST day change |
| Profit target | None. Ranking is by performance, not a fixed target |
| Minimum trading days | None published for the competition |
| EAs and copiers | Banned |
| News trading | Allowed |
| Lot size cap | None. Margin is the only limit |
| Overnight and weekend holds | Allowed, including crypto over the weekend |
| Platform | Match-Trader and MT5 only |
| Accounts per trader | One, by email and by IP address |
| Age | 18 and over |
How the 4% daily loss is actually calculated
This is the rule that catches people, because it is not a simple 4% off your balance. At 5pm EST, Blue Guardian takes the higher of your balance or your equity and subtracts 4% of the initial balance from that figure. That number is your floor for the next day.
On a $100,000 account sitting on a $2,000 floating profit at 5pm EST, equity is $102,000 and your floor for tomorrow is $98,000. Sitting on a $2,000 floating loss instead, the balance of $100,000 is higher than the $98,000 equity, so the floor is $96,000. Holding a winner through the day change tightens your limit. Holding a loser does not loosen it.
Leverage by asset class
How to enter
Four steps, none of which cost anything.
| Step | What to do |
|---|---|
| 1 | Create or log into a Blue Guardian account |
| 2 | Open the Competitions page in the dashboard and register for the upcoming month |
| 3 | Wait for the welcome email with your Match-Trader or MT5 username and password |
| 4 | Log in at platform.blueguardian.com and trade from the first of the month |
A "DQ" marker on your dashboard means you broke a rule and your month is finished. Support cannot undo it, so there is no point contacting them. Register again next month.
Is it worth entering?
For a trader who was going to trade a demo anyway, yes. The cost is a registration form, the rules match a real Blue Guardian account, and finishing in the top 50 skips the evaluation entirely.
The catch is what a leaderboard does to behaviour. You are not ranked against a target, you are ranked against 4,999 other people, and somewhere in that group is a trader running 1:100 on forex with no lot cap. Beating them means taking risk you would not take on your own money. The 8% and 4% limits stop the account, not the habit. Plenty of traders win a funded account in a competition and then blow it inside a fortnight because the approach that got them onto the leaderboard is the approach that gets them a breach.
Pros
- Free, with no card and no challenge fee
- Top 50 get Instant Funded, not another evaluation to pass
- News trading allowed and no lot size cap
- Same 8% and 4% risk model as a paid Blue Guardian account, so it doubles as practice
Cons
- 47 of the 50 prizes are accounts, not money
- Ranking by gain rewards oversized risk
- No EAs or copiers, so algo traders are out
- One account per IP catches households and shared offices
- Blue Guardian's own rules page still says 25 winners in one place and 50 in another
Competition vs paying for a challenge
These two routes get you to the same place by opposite odds. A challenge is a private test you pay to take, where nobody else's result affects yours. A competition is a public race where your result only counts relative to everyone else.
| Monthly competition | Paid challenge | |
|---|---|---|
| Cost | Free | Fee per account size |
| You are judged against | Up to 4,999 other traders | A fixed profit target |
| Odds | 50 winners from up to 5,000, so 1% at best | Depends only on your own trading |
| Timing | One month, fixed start and end | Start any day, trade at your own pace |
| Outcome | Instant Funded account, or nothing | Funded account, or a reset fee |
Enter the competition because it costs nothing and you learn where you sit against a large field. Do not treat it as a funding plan. If funding is the actual goal, the challenge is the route with odds you control, and you can check Blue Guardian's payout record before committing to one.
Blue Guardian discount code
The competition is free, so this only applies if you go the paid route.
Offer: 10% off any Blue Guardian challenge.
FAQ
Is the Blue Guardian competition free?
Yes. Entry costs nothing. The scarce thing is a seat, not the fee, because each month is capped at 5,000 participants.
How many people win?
The published prize table pays the top 50. Blue Guardian's help page still opens by describing 25 winners, which contradicts its own table. Confirm the depth on the Competitions page before the month starts.
Is there a minimum number of trading days?
No. Blue Guardian's competition rules set no minimum trading day requirement. Minimum trading days apply to some evaluation accounts, not to the monthly competition.
Can you use an EA or a copier?
No. Expert Advisors and trade copiers are banned for the whole competition, and using one is grounds for immediate disqualification.
What platform does it run on?
Match-Trader and MT5. Blue Guardian states it does not switch platforms for competitions, so there is no cTrader or TradingView option.
Can you re-enter after a disqualification?
Not in the same month. Disqualification is final for the running competition and support cannot reverse it. Register again for the following month.
What do the top 50 actually receive?
Instant Funded accounts from $5,000 to $200,000 depending on finish. Only first, second and third also get cash, at $500, $300 and $200. An account is funding, not a payout, so you still have to trade it under Blue Guardian's payout rules to see money.
Are traders from restricted countries eligible?
Blue Guardian's current competition rules do not repeat the restricted-country clause its older terms carried. Since the firm restricts some countries at account level, check its terms for your country before you register rather than after you place.
Register before the seats run out
Free entry, 5,000 places, and the leaderboard resets on the first of every month.
Go to the Competitions page
