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BLUE DRAGON Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 23:13

Abstract: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.

Blue Dragon Review Summary
Founded2021
Registered Country/RegionSAINT VINCENT AND THE GRENADIES
RegulationNo regulation
Market InstrumentsForex, CFDs
Demo Account❌
Spread/
Leverage Up to 200x
Minimum Deposit$100
Trading PlatformMT5
Customer SupportContact 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.

Blue Dragon's homepage

Pros and Cons

Pros Cons
MetaTrader 5 platformNo regulation
Affordable minimum depositLimited 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.

No license

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 PlatformSupported Available Devices Suitable for
MT4❌/Beginners
MT5✔Web/Windows/iOS/AndroidExperienced traders
MT5 platform

Related broker

Not Regulated
BLUE DRAGON
Company name:Blue Dragon LLC
Score
2.13
Website:https://www.bd-fx.com/en/
2-5 years | Questionable Regulatory License | MT5 Full License | Regional Brokers
Score
2.13

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