Blue Guardian's Strategic Acquisition

In a significant move to expand its service offerings, UK-based proprietary trading firm Blue Guardian is in the process of acquiring an Australian-licensed broker. This strategic acquisition will allow Blue Guardian to serve its client base directly, bypassing the need to act as an introducing broker to third-party brokers. Although the exact ASIC license holder being bought was not revealed, this move represents a significant change in the company's operating approach.

Enhanced Trading Platforms for US Clients

Adding to its suite of services, Blue Guardian is also integrating the DXtrade trading platform for its US clientele. Moreover, plans are underway to incorporate the Match-Trader multi-asset trading platform by March. These platforms are being adopted in response to recent challenges faced by retail prop trading firms, including Blue Guardian, which were directed by executing brokers and trading platform operators to stop accepting US-based clients.

Response to MetaQuotes' Restrictions

The move to diversify trading platforms comes after MetaQuotes, the operator of popular platforms MT4 and MT5, initiated steps to discontinue prop-firm initiated business. Blue Guardian, like other companies, has sought other trading platforms to provide continued services for its customers.

Operational Shifts and Rebranding

Blue Guardian, run by the Dubai-based Iconic Exchange FZCO, previously worked with the Australian broker Purple Trading through its offshore division, Purple Trading Seychelles. The firm now acts as an introducing broker for ThinkMarkets.com. However, with the upcoming acquisition, Blue Guardian is set to undergo a significant operational shift. CEO Sean Bainton announced via X (formerly Twitter) that the acquisition of an ASIC-regulated broker would be exclusively for his companies, hinting at a unique partnership that aims to mitigate the risk of shutdowns faced by other brokers in the prop space.

Commitment to Improved Trading Conditions

The transition to the new broker, expected to be finalized by the upcoming Wednesday, promises dedicated space and improved trading conditions specifically for Blue Guardian's non-US clients. Additionally, the firm is planning a rebranding to better align with its theme, ensuring a cohesive brand identity across its services.

Plans for US Clients

US-based clients of Blue Guardian are not left behind in these developments. Arrangements are being finalized to enable access to the DXtrade platform by this Friday, with a request for all traders to close their trades by 5 PM EST the preceding Monday. Furthermore, the launch of the Match-Trade platform in two weeks demonstrates Blue Guardian's dedication to offering diversified and fast trading solutions to its clients.

Smooth Transition and Future Developments

Blue Guardian is actively working to ensure a smooth transition for both its non-US and US clients to the new platforms and broker. The firm acknowledges the importance of client support in these changes and expresses gratitude for their continued cooperation. With these strategic moves, Blue Guardian is poised for exciting developments in the trading landscape, aiming to offer unparalleled service and trading conditions to its clients.

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