Basic Information
Registered Region 
United Kingdom
United KingdomOperating Period
1-2 years
Company Name
Blu Markets
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
0
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8
9
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0
1
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8
9
0
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9
/10
Blu Markets
United Kingdom
|
1-2 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
https://blumarkets.co/
Website
Rating Index
Influence
Influence
C
Influence index NO.1
United States 3.57Surpassed 12.30% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
https://blumarkets.co/
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2
Account
Biz Area
Website
Company Summary
Wiki Q&A
Comment
Account
- Environment--
- Currency--
- Maximum Leverage1:500
- SupportedEA
- Minimum Deposit$25,000
- Minimum Spread--
- Depositing Method--
- Withdrawal Method--
- Minimum Position--
- Commission$0
- Products--
Updated：
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Official website
Website
- 141.193.213.21Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
| Blu Markets Review Summary | |
| Founded | 2023 |
| Registered Country/Region | United Kingdom |
| Regulation | No regulation |
| Market Instruments | Forex, indices, energy, cryptos, metals |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | / |
| Trading Platform | TradeLocker |
| Minimum Deposit | $10 |
| Customer Support | Live chat, contact form |
Blu Markets Information
Blu Markets is an unregulated broker, offering trading on forex, indices, energy, cryptos and metals with leverage up to 1:500 on TradeLocker trading platform. The minimum deposit requirement is only $10.
Pros and Cons
| Pros | Cons |
| Demo accounts | Inaccessible website |
| Various trading products | No regulation |
| Low minimum deposit | No MT4/MT5 platform |
| Commission fees charged | |
| Limited payment options |
Is Blu Markets Legit?
No. Blu Markets currently has no valid regulations. Please be aware of the risk!
What Can I Trade on Blu Markets?
Blu Markets offers trading on forex, indices, energy, cryptos and metals.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Energy | ✔ |
| Cryptos | ✔ |
| Metals | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Apart from risk-free demo accounts, Blu Markets also offers two live account types, including Standard and Day Trader account.
| Account Type | Minimum Deposit |
| Standard | $10 |
| Day Trader | $25,000 |
Leverage
Blu Markets offers maximum leverage at 1:500 for all account types. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.
Blu Markets Fees
| Account Type | Spread | Commission |
| Standard | Very tight | $8.00 per lot |
| Day Trader | Raw | $0 per lot |
| Demo | Very tight | $8.00 per lot |
Blu Markets says that it offers tight spreads and raw spreads for accounts, but no clear information provided.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| TradeLocker | ✔ | Mobile, pad | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
Blu Markets accepts payments via Bitcoin, Ethereum, Litecoin, Ripple, Dogecoin and Tether. Blu Markets does not charge fees for withdrawals.
Deposit Options
| Deposit Options | Minimum Deposit | Deposit Fees | Deposit Time |
| Bitcoin | $10 | 0% | 1-3 hours |
| Bitcoin via Debit/Credit Card | $10 | 0% | 1-3 hours |
| Cryptocurrencies (USDT/DOGE/ETH/LTC/USD Coin/Ripple) | $10 | 2.5% | 1-3 hours |
Withdrawal Options
| Withdrawal Options | Minimum Withdrawal |
| Bitcoin | $100 |
| USDT | $100 |
Keywords
- 1-2 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Wiki Q&A
Serious74 
1-2 years
What trading instruments are available on BluMarkets?
BluMarkets offers more than 120 assets across multiple asset classes, including forex pairs, cryptocurrencies, stocks, indices, and commodities like gold, silver, and oil.
Broker Issues
Platform
Instruments
Leverage
Account
07-30
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Solotim
1-2 years
What is the minimum deposit at BluMarkets?
The minimum deposit for the Standard and Demo accounts is not specified. However, the Day Trader account requires a minimum deposit of $25,000.
Broker Issues
Deposit
Withdrawal
07-27
United States
zack18
1-2 years
What are the deposit methods available on BluMarkets?
BluMarkets supports a variety of deposit methods, including credit/debit cards and several cryptocurrencies, such as Bitcoin, Ethereum, USDT, and more.
Broker Issues
Withdrawal
Deposit
07-21
United States
zack18
1-2 years
Can I know the details about BluMarkets fees?
BluMarkets charges an $8 commission per lot on the Standard and Demo accounts. The Day Trader account offers $0 commission but requires a minimum deposit of $25,000. It also has very tight spreads for most assets.
Broker Issues
Fees and Spreads
07-10
United States
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