Breaking News

BlueSuisse

BlueSuisse is a trade name of Blue Suisse Limited. It is authorised and regulated by the MFSA (Malta Financial Service Authority) under registration number C 59928.

The company offers over 130 assets for trading distributed into 80 currency pairs, more than 25 commodities, and over 15 indices for online trading. Blue Suisse announces on its webpage that it incorporates a transparent trade execution, getting pricing from over 20 liquidity providers and offers no delays, no rejects and no requotes.

There are three types of accounts that differ mainly in the minimum deposit sums. The Denim Blue account requires at least USD500 to open. You must invest at least USD5,000 to open a Sky Blue account and at least USD50,000 to open a Sapphire Blue account. The average spread for the EUR/USD pair is 2.1 pips, 1.8 pips and 1.5 pips for the three accounts, respectively. The leverage can be up to 1:200 (for professional clients only) and you can deposit by bank wire and credit or debit card.

Blue Suisse provides online trading on both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), two of the industry’s leading trading platforms. Both platforms are designed for all types of traders and offer user-friendly interfaces in a customizable trading environment. In addition, the company has developed its own platform called ProBlueTrader.

The legal documents show that Blue Suisse protects each retail client account from a negative balance by providing a guaranteed limit on loss. The Client Agreement reveals that when transmitting or executing a client order Blue Suisse will be dealing as an agent for a client and not as principal. This means that the company acts as a pure Straight Through Processing (STP) broker and it transmits each order to its liquidity provider. In this way, it benefits only from the spread and there is no conflict of interest like that of market makers.

Overall, BlueSuisse is a well-regulated European brokerage firm that offers the popular online trading platforms MetaTrader. There is negative balance protection, but the initial required sum is relatively high and there are no shares available for trading.

Leave a Reply

Your email address will not be published. Required fields are marked *