Frequently Asked Questions

• A proprietary trading algorithm that identifies trading opportunities, unburdened by the cognitive biases and fatigue often encounterd by human traders.
• It makes sense of large amounts of data, candlestick patterns, confluences of technical indicators for smarter price entries.
• Each trade has its own stop loss and take profit targets.
• No martingale strategy where one doubles down on a losing position, hoping for a recovery.
• No overnight trades.
• No trades before high impact news.
• No trades during bank holidays or public holidays.
• For 2024, it delievered >10% returns on an average week and has a winning ratio of >57%. Past performance is not an indication of future performance.
• Trades are executed via a Virtual Private Server and our broker, IC Markets
• Our trades are available for copying using IC Social. Search for "BluFX algo". There is a limit of 60 copiers.

We trade Gold (XAUUSD) exclusively. This choice is driven by its high liquidity and volatility, which offer numerous trading opportunities. Furthermore, considering the significant increase in money supply, we believe gold is a solid investment.

Over the past five years, gold has traded an average daily volume of around $149 billion USD. This surpasses the Dow Jones Industrial Average and is comparable to the trading volumes of US 1-3 year treasuries and T-Bills among primary dealers.

We don't have the licenses or desire to directly manage your money.

We are merely providing traders like yourself an opportunity to copy our trades after your own due diligence and knowing your own risk appetite. We are similar to thousands of many other individual traders who utilise platforms such as IC Social, Signalstart.com, ZuluTrade, eToro, HF Markets, FP Markets to earn performance fee by opening up their trades for copying.

Yes. Forex trading is very risky if you:

1) Trade with emotions and without a plan
2) No risk management

On the flip side, forex trading can be rewarding when a trader is sensible and take good trades.

From the perspective of our back test in 2024, we had 7 losing weeks out of 46 trading weeks:

While our max drawdown was -10.76%, you should expect a drawdown of 20% to happen a few times throughout the course of 2025.

In order to benefit from the algo, you need to take the losses along with the wins. If you see a bad day or two and drop out, you would miss out on the future gains. Our algo needs a reasonable runway to work.

Should this be undesirable for you, please stop following our strategy.

Do understand in further details, visit our blog post Historical Drawdown for 2024.

We prefer traders who:

1) Can handle portfolio volatility (20% decline) in a calm manner.
2) Can take responsibilities for their actions.
3) Have done proper financial planning and allocate capital which they can lose in the worst case scenario.

The information is available in this link.

Our trades are available for copying using IC Social. Search for "Blufxalgo".

We perform up to 20 - 30 trades per day.

We prioritize growing our own accounts and will limit the number of copiers to 60 to ensure optimal performance. Once this limit is reached, we'll stop accepting new copiers.

We charge a performance fee based on the total profits generated from copied trades. This The fee is determined as a percentage of the profits you earn from trading.

We’ve created a tiered fee structure to reflect our appreciation for your loyalty:

• For 0–60 copiers, the fee is 30%.

We’d feel uneasy about taking a large share if we haven’t truly earned it. For instance, if someone achieves an average return of 4% over the long term, a 20% performance fee would leave them with 3.2%. Similarly, with a 7% average return over the long term, a 30% fee would result in 4.9% for the copier.

Our goal is to ensure that what you keep feels meaningful and fair.

Think of it this way: would you prefer 70% of a generously sized cake or 80% of a smaller one? We’re focused on baking a bigger cake together.

Our interests are fully aligned—when you succeed, we succeed, and if you face losses, we feel them too.

Once you begin copying our trades, your fee rate will stay consistent, even if we adjust rates for new copiers down the line. We believe this approach fairly rewards our expertise while offering you substantial potential for growth.

Just like many social signal providers, we do not provide any frequent updates or explanations for our trades.

Any communication will be done via this website or t.me/blufxalgo.

We are focused on generating profits and running our algo efficiently.

The worst thing that could happen is that our trading strategy fails completely, and you lose all your money. While this is theoretically possible, it’s highly unlikely.

Why is it unlikely?

Our strategy is designed to manage risk. We typically risk 1 - 2% of our account on each trade. To lose your entire account, we’d need to have 228 consecutive losing trades for 2% risk per trade.

No strategy is perfect. Even the best strategies have losing trades. However, over time, as long as our strategy has a positive edge, we expect to make money.

Your funds remain secure in your own brokerage account. We have no access to them.

Reputable forex brokers, such as IC Markets, have strict procedures to safeguard your money and ensure that withdrawals are made to the correct account registered in your name. Email verifications are also needed.

When you copy our trades, your broker will automatically replicate our exact trading actions. We cannot make any changes to your account settings or perform any account management tasks.

No. After many years of building our own businesses, we want to invest more time back into our own families and pursue our own interests.

This desire was the catalyst for us to build this algorithmn. This is why our focus is growing our money through this algorithmn and allowing only 60 individuals to copy our trades.

Blufx.de and Blufx.co.uk are not related to us. We have zero connection with them.