EverBlue Trader Review and Analysis
Overview
EverBlue Trader is a proprietary trading firm founded in 2023, offering traders a structured two-phase evaluation model and funded accounts ranging from $10,000 to $200,000. Based in the United States and operating under EverBlue Technologies LLC, the firm positions itself as a professional yet accessible entry point for aspiring funded traders. Through its clear-cut rules, modest profit targets, and time-unrestricted challenge model, EverBlue Trader appeals to consistent and methodical traders who want to prove their discipline in exchange for capital and profit sharing. However, while the firm does many things well, it also has limitations that may not suit all trading styles or preferences.
EverBlue Trader stands out for its commitment to trader development through its no-time-limit challenges, transparent rules, and consistent support. With accounts scaling to six figures and multi-asset support, it offers a reliable funding opportunity for disciplined traders.
Using the TradeLocker platform, EverBlue Trader ensures smooth trade execution and detailed performance tracking. The system supports active traders by offering clear metrics on drawdown, targets, and profit generation — all accessible through a user-friendly interface.
Funded Accounts
How to Sign Up with EverBlue Trader
Getting started with EverBlue Trader involves selecting your desired challenge model and account size. Once the purchase is made, users gain access to the evaluation dashboard within TradeLocker. Traders benefit from clear targets, defined drawdown rules, and full transparency during both evaluation phases.
The firm offers two-phase challenges with no deadlines, allowing traders to move at their own pace. Funded accounts become available after successfully completing both steps while respecting all parameters.
Once funded, traders begin earning payouts based on performance, with scaling potential available for long-term success.
Challenge Overview
EverBlue Trader’s standout feature is its traditional two-step challenge format, offering a stable path toward funding without imposing arbitrary time constraints. Traders are expected to meet an 8% profit target in Phase 1 and a 5% target in Phase 2, while respecting a 5% daily loss limit and 10% overall drawdown rule. With no deadline, traders can take as long as needed to complete each phase — a refreshing approach that gives room for thoughtful, low-frequency, or part-time trading strategies to thrive.
The firm uses the TradeLocker platform, which provides access to a broad array of instruments including forex pairs, commodities, metals, cryptocurrencies, and US stocks. Leverage is capped at 1:30 during evaluations, and increases to 1:100 in the funded stage. This conservative leverage approach encourages proper position sizing and discourages overexposure. While some traders may find this restrictive, it aligns well with the firm’s overall emphasis on discipline and risk management.
EverBlue Trader allows the use of Expert Advisors (EAs), provided they are not being used for latency arbitrage, tick scalping, or other strategies the firm classifies as “unrealistic.” High-Frequency Trading (HFT) is not allowed, nor is any form of reverse copy trading or mirroring across multiple funded accounts. The firm is vocal about its rule enforcement — traders in breach of any of the platform's technical or ethical guidelines will be disqualified without payout. This clarity, while strict, ensures that traders know where they stand at all times.
Phase 1: Traders must reach an 8% profit target while staying within a 5% daily and 10% total drawdown limit. There are no time limits and no minimum number of trades required on any given day, but traders must log at least 5 trading days to complete the phase.
Phase 2: Once Phase 1 is passed, traders enter the second stage with a lower 5% profit target under the same risk parameters. Again, 5 trading days are required, but traders can complete the challenge at their own pace. This slower, more deliberate approach allows for thoughtful execution and appeals to traders who prioritize strategy over speed.
EverBlue Trader uses a two-step evaluation program:
Phase 1 – Evaluation
- Profit Target: 8%
- Max Daily Drawdown: 5%
- Max Overall Drawdown: 10%
- Minimum Trading Days: 5
- Time Limit: None
- Leverage: Up to 1:100
Phase 2 – Verification
- Profit Target: 5%
- Max Daily Drawdown: 5%
- Max Overall Drawdown: 10%
- Minimum Trading Days: 5
- Time Limit: None
- Leverage: Up to 1:100
This structure is designed to test traders fairly, without the pressure of time-based rules.
EverBlue Trader Challenges
| Challenge | Price | Account Size | Steps | Profit target | Profit Split | Max Daily Loss |
|---|
| $5,000 2-Step Evaluation | $80.1 | $5K | 2 | 8% / 5% | 80% | 5% |
| $10,000 2-Step Evaluation | $125.1 | $10K | 2 | 8% / 5% | 80% | 5% |
| $25,000 2-Step Evaluation | $170.1 | $25K | 2 | 8% / 5% | 80% | 5% |
| $50,000 2-Step Evaluation | $260.1 | $50K | 2 | 8% / 5% | 80% | 5% |
| $100,000 2-Step Evaluation | $449.1 | $100K | 2 | 8% / 5% | 80% | 5% |
| $200,000 2-Step Evaluation | $899.1 | $200K | 2 | 8% / 5% | 80% | 5% |
Pros and Cons
EverBlue Trader provides a transparent and flexible funding opportunity, though there are some limitations worth noting.
Pros:
- No time limits during evaluation
- Support for multiple asset classes including crypto
- High leverage and scaling potential
- TradeLocker dashboard with real-time metrics
Cons:
- Only supports TradeLocker (no MT4/MT5)
- Evaluation fees are not refundable
Evaluation Metrics
Overall metrics
- Challenge difficulty: Moderate – clear rules and reasonable profit targets without time pressure
- Customer support: Available through the TradeLocker portal; helpful during onboarding and funded transition
- Fee: Competitive pricing depending on account size
- Payout scheme: Payouts begin after passing both phases and receiving a funded account. Traders can scale with performance.
Meet the CEO
While the leadership team of EverBlue Trader remains anonymous publicly, their operations emphasize trader development and transparency. The focus is on empowering serious traders with a reliable path to professional funding.
Frequently Asked Questions (FAQs):
What platform does EverBlue Trader use?
Is there a time limit to complete the challenge?
No, there is no time restriction on either evaluation phase.
Are evaluation fees refundable?
No, evaluation fees are non-refundable.
What assets can I trade?
You can trade Forex, Crypto, Indices, Commodities, and Metals.
When do I receive my first payout?
After being funded and meeting the required metrics, payout scheduling begins.
How trusted is EverBlue Trader?
The trusted source of information on fintech matters SBO, gave EverBlue Trader a 3/ 5.00 rating based on analysing 20+ criteria and testing. EverBlue Trader is currently in 0th place in this ranking.
What is the EverBlue Trader fee?
Fees vary by account size and challenge type.
Does EverBlue Trader offer coupons for customers?
Yes, currently, there is one EverBlue Trader discount coupon TL10 available for customers.
How can I find EverBlue Trader discount coupons and promo codes?
What is the profit split for EverBlue Trader?
What is EverBlue Trader evaluation process?
Offers 1-Step and 2-Step evaluations.
How do I become an EverBlue Trader Trader?
What is an acceptable max drawdown for EverBlue Trader?
5% daily / 10% total Maximum Drawdown is the Distance between the highest and lowest points (maximum and minimum peak).
What is EverBlue Trader Trading Duration / Time restriction?
What is EverBlue Trader leverage?
What financial instruments can be traded at EverBlue Trader?
Forex, Crypto, Indices, Stocks
Can I trade news at EverBlue Trader?
Can I hold trades overnight or over the weekend?
