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No Regulation

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/10

Blue Dragon

Saint Vincent and the Grenadines | 2-5 years |

Suspicious Regulatory License | MT5 Full License | Regional Brokers | High potential risk

https://www.bd-fx.com/en/

Website

Open Account Time Machine

Rating Index

MT4/5 Identification

MT4/5

Full License

BlueDragon-Demo

United States

MT5

Influence

Influence index NO.1

Japan 2.64

MT4/5 Identification

Full License

Server Name

BlueDragon-Demo MT5

Server Location

United States

Influence

Influence index NO.1

Japan 2.64

Surpassed 21.10% brokers

Biz Area Search Statistics Advertising Social Media Index

Contact

support@bd-fx.com

https://www.bd-fx.com/en/

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!

2025-11-02

It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

Saint Vincent and the Grenadines

Operating Period

2-5 years

Company Name

Blue Dragon LLC

Customer Service Email Address

support@bd-fx.com

Company Website

https://www.bd-fx.com/en/

Related Software

Biz Area

Website

Genealogy

Relevant Enterprises

Company Summary

Wiki Q&A

Comment

MT4/5

Full License MT5

MT4 Servers

MT5 Servers

162.50

Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5

Perfect

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Details

Official website

Website

bd-fx.com

207.246.124.236

Server Location

United States
ICP registration

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Relevant Enterprises

Blue Dragon LLC(Virginia (United States))

Active

United States

Registration No. S6229332

Established 2021-12-23

Related sources Website Announcement

Company Summary

Blue Dragon Review Summary
Founded	2021
Registered Country/Region	SAINT VINCENT AND THE GRENADIES
Regulation	No regulation
Market Instruments	Forex, CFDs
Demo Account	❌
Spread	/
Leverage	Up to 200x
Minimum Deposit	$100
Trading Platform	MT5
Customer Support	Contact form
	Email: info@bd-fx.com; support@bd-fx.com
	Address: Suite 305, Griffith Corporate Centre,Beachmont, Kingstown,Saint Vincent and the Grenadines
	Vietnam Office: 22nd Floor, Ngoc Khanh Plaza Building, No. 1 Pham Huy Thong Street, Ngoc Khanh Ward, Ba Dinh District, Hanoi City, Vietnam.

Blue Dragon Information

Blue Dragon is a brokerage company with its domain registered in 2021. It was registered in SAINT VINCENT AND THE GRENADIES and has an office operating in Vietnam. It mainly focuses on trading services in forex and CFDs.

However, though the company offers the user-friendly MetaTrader 5 platform and trading tools like economic calender to convenience clients, it does not disclose much information about its products and trading conditions.

What's more, the broker is currently not being well-regulated by any official authorities, which further degrades its credibility and trustworthiness.

Pros and Cons

Pros	Cons
MetaTrader 5 platform	No regulation
Affordable minimum deposit	Limited transparency on trading conditions
	Withdrawal fees charged

Is Blue Dragon Legit?

The most important factor in measuring the safety of a brokerage platform is whether it is formally regulated. Blue Dragon is an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Investors should choose Blue Dragon with caution.

What Can I Trade on Blue Dragon?

Per its website, Blue Dragon is a broker who mainly focuses on forex and CFDs trading.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Bonds	❌
Options	❌
ETFs	❌

Account

Blue Dragon did not disclose much of its account types, what we can extract from its non-informative website is that the broker requires a minimum deposit of $100 to open an account and does not charge any account opening fees.

The same amount applies for withdrawals. No withdrawal fee for up to one withdrawal in the same month; after the second withdrawal, a withdrawal fee of 30 dollars will be charged.

Leverage

Blue Dragon sets maximum leverage level at 200 times, regardless of the amount of funds under management.

Trading Platform

Blue Dragon also offers the industry-leading and reliable MetaTrader 5 platform, which has robust functionalities such as automate trading and technical analysis. This is undoubtedly shinning point of this company, but when choosing a broker to trade, you should always combine the highlights and lowlights.

Trading Platform	Supported	Available Devices	Suitable for
MT4	❌	/	Beginners
MT5	✔	Web/Windows/iOS/Android	Experienced traders

Keywords

2-5 years
Suspicious Regulatory License
MT5 Full License
Regional Brokers
High potential risk

Wiki Q&A

Yousef47

1-2 years

What is the spread of Blue Dragon?

WikiFX Reply

Blue Dragon does not provide specific details on its spreads, and this lack of transparency is something I find concerning. As a trader, I would want to know the spread to understand my trading costs. Without this information, I’d be hesitant to make any Blue Dragon investments.

Is Blue Dragon a safe and legit broker?

WikiFX Reply

While Blue Dragon offers the MetaTrader 5 platform, which is a positive feature, the fact that it is unregulated makes it less safe in my opinion. I’d suggest caution when considering Blue Dragon investments, as there is no regulatory oversight to ensure that your funds are protected. For me, safety comes first, and this lack of regulation raises some red flags.

What trading instruments are available on Blue Dragon?

WikiFX Reply

Blue Dragon offers forex and CFDs for trading. They do not offer stocks, options, ETFs, or bonds. Personally, I prefer a wider range of instruments, as it helps with diversification. If you’re focused on forex and CFDs, then Blue Dragon might suit your needs, but if you're looking for more variety in your Blue Dragon investments, this might not be the best option.

What are the pros of Blue Dragon?

WikiFX Reply

One of the main pros I see with Blue Dragon is its affordable minimum deposit requirement of just $100. I also like the MetaTrader 5 platform they offer. It’s versatile and available on multiple devices like Web, Windows, iOS, and Android, which I appreciate for flexibility. If you're looking to make an initial Blue Dragon login, I think this platform is user-friendly.