BluFX have just made upgrades to their growth plan by adding another option for traders!

 

Originally, there was only one option of account growth, that being the 4 stage growth plan, now called Rapid Growth:

  • Stage 1 – you start with a $50,000 Pro Account.
  • Stage 2 – you have to gain 10% of the $50,000 account, which is $5,000 bringing your account up to $55,000, and then be eligible to scale up to $100,000 which will be $105,000 net. The 10% amount of $5,000 must be maintained in your account and may not be withdrawn. This is independent of any 5% profit withdrawals as you have to separately maintain the 10% for the growth target.
  • Stage 3 –  you have to gain 10% of the $100,000 account, which is $10,000 bringing your account to $115,000 net, and then be eligible to scale up to $200,000 which will be $215,000 net. Again, the $15,000 must be kept in the account.
  • Step 4 – you have to gain 10% of the $200,000 account, which is $20,000 bringing your account to $235,000 net, and then you will receive a total funding of $1,000,000, where you will no longer pay for a monthly subscription.

With the rapid growth, you can withdraw your 5% profit withdrawals at any time. However, if you withdraw any part of the growth amounts retained along the way your funded forex account will be rolled back to the lower levels. Therefore, you may withdraw your share of the retained profit at any point of this path, however, you will not be able to grow further without reaching the net figures for each stage.

You will not be rolled back to lower funding levels unless you breach the mandatory 10% drawdown limit.

BluFX Rapid Growth Plan Scailing

The idea with the new addition is that you can withdraw and still grow your funded account to $1,000,000!

Steady Growth:

  • Stage 1 –  you have to gain 10% of the $50.000 account, growing your account to $55,000. You can withdraw 5% and have your account scaled up to $75,000. The 5% amount of $2,500 must be maintained in your account and may not be withdrawn.
  • Stage 2 – you have to gain 10% of the $75,000 account, growing your account to $82,500. You can withdraw 5% and have your account scaled up to $100,000. The 5% net amount of $6,250 must be maintained in your account and may not be withdrawn.
  • Stage 3 – you have to gain 10% of the $100,000 account, growing your account to $110,000. You can withdraw 5% and have your account scaled up to $150,000. The 5% net amount of $11,250 must be maintained in your account and may not be withdrawn.
  • Stage 4 – you have to gain 10% of the $150,000 account, growing your account to $165,000. You can withdraw 5% and have your account scaled up to $200,000. The 5% net amount of $18,750 must be maintained in your account and may not be withdrawn.
  • Stage 5  – you have to gain 10% of the $200,000, growing your account to $220,000. You can withdraw 5% and have your account scaled up to $300,000. The 5% net amount of $28,750 must be maintained in your account and may not be withdrawn.
  • Stage 6 – you have to gain 10% of the $300,000, growing your account to $330,000. You can withdraw 5% and have your account scaled up to $1,000,000.                                                                                                                                                              Now you will be a fund manager with a net total value of $1,043,750, and get a profit split on anything above your trading balance, you also stop paying monthly subscriptions and you can hold over the weekend.

BluFX Steady Growth Scaling Plab

 

So, in a nutshell, this addition was introduced because BluFX understands that there are traders who trade for their withdrawals, and some trade for growth, with this new addition, you can do both!
Existing BluFX Pro account traders will remain on the same 4-stage growth structure as before, which is now known as Rapid Growth, alternatively, steady growth is now available to both new & existing BluFX Pro account traders. Existing traders can change from ‘rapid growth’ to steady growth within their trading dashboard.If you have not signed up with BluFX yet, then do so here.
What are your thoughts on this new addition that BluFX have released? Will you be trying out the Steady Growth plan?
Let us know in the comments below!

 

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