PROP NAVI
FIRM REVIEW

BluFX (Closed)

Caution
United Kingdom (ceased operating in 2023) · Founded 2018 · ★ 1.2 / 5 · Last reviewed July 31, 2026

Specifications

Profit split—
Max funding—
Challenge fee—
Payout track record—
Payout cycle—
EvaluationInstant
Drawdown modelStatic
Max leverage1:3
Sources[1][2][3][4]
Websitehttps://blufx.io/

Trustpilot: No rating (981 reviews) — the profile closed along with the company and no rating is displayed (checked 2026-07-31)

Strengths

    Watch-outs

    • The UK FCA published an unauthorised-firm warning in December 2022
    • Ceased operating in March 2023 and has not resumed
    • The old domain now redirects to a third-party site; the service cannot be bought

    Payout claim vs verification

    VerificationStale — firm not operating
    ClaimedNo figure publishedNo figure retrievable. blufx.io no longer resolves — the domain returns no DNS records and whois reports "Domain not found".
    Independently checkableNothing checkable
    RailNot establishedThe most complete form of unverifiability: there is no longer a site to read. blufx.com resolves but refuses connections. Its Trustpilot profile retains 981 reviews. No payout claim, past or present, can be checked at source.
    SourceBluFX — official domain (no DNS records on the check date)Checked: 2026-08-05

    See every firm in the Payout Verification Tracker →

    BluFX (now closed)

    BluFX was a UK-based firm that sold an “instant funding” product: no evaluation, just a monthly subscription in exchange for a simulated funded account.

    In December 2022 the UK Financial Conduct Authority (FCA) published a warning naming the firm as possibly providing financial services without authorisation. BluFX ceased operating in March 2023 and has not resumed since. The product can no longer be bought, and we do not recommend it.

    Timeline

    WhenWhat happened
    2017–2018Launched with the instant-funding subscription model (Trustpilot profile created May 2017)
    December 2022FCA published an unauthorised-firm warning
    March 2023Ceased operating
    August 2023Last review posted to Trustpilot
    NowThe old blufx.co.uk domain redirects to a third-party site (propfirmswitch.com). The Trustpilot profile is closed and displays no rating

    Why we label this “caution”

    Our methodology reserves the “caution” label for firms with a regulatory action or enforcement history, or firms whose service has stopped. BluFX meets both conditions, so “caution” is the label the criteria produce.

    There is also no third-party rating to cite. The Trustpilot profile closed along with the company, and as of 2026-07-31 it displays no score (the 981 reviews remain). Trustpilot’s internal figure during the firm’s operating life was 3.9, but that is an aggregate frozen before closure and says nothing about current standing.

    What the case shows

    First, being UK-based does not mean being authorised by the UK regulator. In BluFX’s case the FCA was the party issuing the warning, precisely on the grounds of a lack of authorisation. Most prop firms are unregistered operators selling simulated trading; the strictness of the home jurisdiction and whether a specific firm is authorised there are two different questions.

    Second, a monthly subscription offers no protection when the operator stops. Each individual payment looks small next to a one-off evaluation fee, but the cost is recurring by design, so what is lost at closure is the accumulated total.

    Third, third-party scores disappear with the company. A high score displayed before closure is not evidence that a firm will still be there next year.