Blueberry Funded Account Types and Drawdown

Blueberry funded account types and drawdown offers a range of account types suited to the various demands of traders on a stable, adaptable proprietary trading platform. Blueberry Funded is a well-known broker-backed prop firm that provides traders with a systematic approach to manage sizable simulated funds and earn a cut of the gains. It is intended to attract disciplined, experienced traders looking to optimise their trading without jeopardising their personal assets. This is achieved through a variety of Blueberry funded account types and drawdowns, robust evaluation tasks, and well-defined drawdown criteria. This article covers the varieties of Blueberry funded account types and drawdowns, challenge structures, and other characteristics that set the firm apart in the prop trading market.

Blueberry Funded: Overview of the Firm

The Blueberry Group, a respectable broker with more than eight years of experience in the field, includes Blueberry Funded. By completing one of several challenge programs, traders can access up to $2,000,000 in simulated capital through the firm's prop trading platform. With account sizes ranging from $5,000 to $200,000, these programs are designed to accommodate a range of trading styles and skill levels. Blueberry Funded offers extensive market access and diversification choices by supporting trading across equities, commodities, indices, currencies, and cryptocurrencies.

Blueberry Funded Account Types and Challenge Frameworks

The 1-Step Challenge, 2-Step Challenge, and Rapid Challenge are the three primary challenge formats offered by Blueberry Funded. Each is intended to evaluate traders' abilities to manage risk, maintain discipline, and be profitable under various circumstances.

1-Step Challenge

Structure:

• Single-phase evaluation
• Profit target: 10% of starting balance
• Maximum total loss (static drawdown): 6%
• Maximum daily loss: 4%
• No time limit to complete the challenge
• Minimum of 3 active trading days required
• Leverage: 1:30 for forex
• Account sizes: $5,000 to $200,000
• Evaluation fees: $40 (for $5,000) to $1,100 (for $200,000)
• Profit split: 80% (can scale to 90%)
• Copy trading allowed
• Trading during news and over weekends is permitted

Ideal for:
Seasoned traders seeking a simple, adaptable assessment with no time constraints and a transparent risk approach.

2-Step Challenge

Structure:

• Two-phase evaluation
• Phase 1: 10% profit target
• Phase 2: 5% profit target
• Maximum total loss (static drawdown): 10%
• Maximum daily loss: 5%
• No time limit for either phase
• Minimum of 3 active trading days per phase
• Leverage: 1:50 for forex
• Account sizes: $5,000 to $200,000
• Evaluation fees: $35 (for $5,000) to $1,000 (for $200,000)
• Profit split: 80% (can scale to 90%)
• Copy trading allowed
• Trading during news and over weekends is permitted

Ideal for:
Traders who favour a methodical, progressive assessment procedure that allows for greater flexibility in risk management and strategy improvement.

Rapid Challenge

Structure:

• Single-phase, fast-track evaluation
• Profit target: 5%
• Maximum trailing loss: 4%
• Maximum daily loss: 3%
• 7-day trading period
• No minimum trading days
• Leverage: 1:30 for forex
• Account sizes: $10,000 to $200,000
• Evaluation fees: $50 (for $10,000) to $300 (for $100,000)
• Profit split: 80% (can scale to 90%)
• Copy trading allowed
• Trading during news and over weekends is permitted

Ideal for:
Highly competent traders who can produce outcomes fast in a short evaluation period and who flourish under pressure.

Funded Accounts and Scaling

After successfully completing the selected task, traders are given a funded simulated account with the same risk criteria as their challenge, sign a contract, and finish KYC. According to Blueberry Funded scaling plan, traders who generate at least 10% net profit and take four or more profit withdrawals during that time frame can raise their simulated capital by 25% every three months. For regularly profitable traders, the profit split can rise from 80% to 90%, and the maximum simulated capital allocation per trader can exceed $2,000,000.

An Explanation of The Drawdown Rules

At Blueberry Funded, drawdown is the primary risk-control mechanism that helps traders manage losses and avoid risky tactics. The firm employs both static and trailing drawdown models, depending on the challenge type.

Static Drawdown

• Definition: The maximum loss allowed is a fixed percentage of the starting balance and does not increase as the account grows.
• 1-Step Challenge: 6% static drawdown (e.g., on a $100,000 account, the account is breached if the balance drops to $94,000).
• 2-Step Challenge: 10% static drawdown (e.g., on a $100,000 account, the account is breached if the balance drops to $90,000).
• Daily Loss Limit: 4% (1-Step), 5% (2-Step) of starting balance.

Trailing Drawdown

• Definition: The highest account balance attained is “trails” by the maximum loss permitted. The drawdown limit increases in proportion to the account's growth.
• Quick Challenge: 4% trailing drawdown, meaning that the trailing loss limit is $96,000 if the account peaks at $100,000.
• The daily loss limit is 3% of the initial balance.

Daily Drawdown 

• Enforce in every task to avoid disastrous losses in a single day.
• Determined using the equity or starting amount at the start of the day.
• If the daily loss or total drawdown exceeds the limit, the funded account will be closed, or the challenge will be immediately disqualified.

Trading Rules and Prohibited Strategies

Blueberry Funded enforces strict trading rules to promote fair and sustainable trading:

• The Following are prohibited: Tick/latency arbitrage, martingale, grid trading, overleveraging, all-in trades, excessive scalping, high-frequency trading, reversal trading following losses, and signal copying from third parties.
• A minimum of three trading days must pass between each evaluation and funding step.
• Trading during news, using Expert Advisors (EAs), and copy trading (within specified bounds) are all permitted.
• Inactivity: Prolonged inactivity can lead to account suspension or closure.

Account Sizes, Fees, and Payouts

• Payouts: The minimum withdrawal amount is $100; payouts are processed every 14 days.
• Profit Split: For high performers, it might increase to 90% from the initial 80%.
• Commissions: extremely low forex spreads; zero commission on indices and cryptocurrencies.

Practical Example: Navigating Drawdown

Let's say you have a $50,000 account and decide to take the 1-Step Challenge. Your account must never drop below $47,000 because your static drawdown is 6% ($3,000). You have a 4% ($2,000) daily loss cap. Your challenge ends if you lose more than $2,000 in a single day or more than $3,000 in total. If your maximum balance in the Rapid Challenge is $60,000, your daily loss cap is $1,800 (3%), and your trailing drawdown is $57,600 (4% below the peak).

Why Choose Blueberry Funded?

• Industry-leading infrastructure supported by brokers and directly connected to tier 1 liquidity sources.
• All trading styles and skill levels can benefit from the variety of account types and challenges offered.
• Profit splitting and generous scaling: generate up to 90% of profits while growing up to $2 million in simulated capital.
• Clear trading conditions and prompt, dependable payouts.
• Only disciplined, reliable traders are certain to succeed with strict but equitable risk control.

Conclusion

Blueberry Funded provides a thorough, adaptable, and transparent prop trading environment. With three different Blueberry funded account types and drawdown, each with its own profit targets, drawdown structure, and evaluation guidelines, traders can choose the one that best suits their approach and risk tolerance.  In addition to daily loss limits, the company's static and trailing drawdown procedures promote sound risk management and consistently reward profits. Blueberry Funded offers a straightforward, organised, and lucrative path to significant virtual capital and market-leading profit shares for traders who are prepared to demonstrate their abilities and advance their trading careers. 

Frequently Asked Questions About Blueberry Funded Account Types and Drawdown

Can I keep positions over the weekend and trade amid news events?

Yes, trading during news releases and maintaining positions over the weekend are permitted on Blueberry Funded for all challenge categories.</span>

Are copy trading and expert advisors (EAs) permitted?

EAs: Permitted on every account.

Copy trading is allowed between Blueberry Funded user accounts.

What are the payout schedules and profit splits?

For regular traders, profit splits can scale up to 90% from an initial 80%.

Payouts are processed every 14 days.

Minimum withdrawal amount is typically $100.