Blueberry Markets Review

Minimum Deposit: $100 VISIT BROKER
Margin trading involves a high level of risk and is not suitable for all investors.

Blueberry Markets Review

Summary

Blueberry Markets is a forex and CFD broker that is proud of its positive ratings and a strong priority on customer service, as seen by their good reviews on TrustPilot, Google Review, and Forex Peace Army. The broker was founded in 2016 in Australia by a former AxiTrader executive and has gained considerable popularity in a very short time. The broker is regulated by ASIC and SCB. Blueberry Markets has an impressive portfolio of more than 300 instruments across various asset classes: forex, CFDs, indices, commodities, and shares. The broker provides its trading services through the popular MetaTrader platforms. Blueberry Markets charges its customers with very tight variable spreads and standard commissions compared to its competitors in terms of fees. The broker has state of an art trading guide for every level of trader. From the trading environment to the broker’s safety, our research team has done its honest due diligence, considered every possible question a customer would like to ask, and compiled this broker’s review.

8.1Expert Score
Blueberry Markets Rating

Blueberry Markets provides active traders with favourable trading conditions on the popular MetaTrader platforms for desktop, web and mobile. Take advantage of fast execution speeds with minimal slippage, raw spreads from 0.0 pips and zero commission fees.

Investment Products
8
Commissions and Fees
8.5
Platforms and Tools
9
Research and Education
7
Deposit and Withdrawal
8

Blueberry Markets Review

Pros and Cons

Despite being a relatively newcomer in the financial trading industry when compare to some other brokerage firms, the broker has much to offer as it always gives value to its customers that can be seen on its social media reviews. The broker has a seamless account opening process and easy to use trading platforms. Tight spreads and fast order executions also provide an edge to its customers. On the other hand, the broker does not offer its services to US citizens. Moreover, the broker requires a minimum of $100 deposit to get started with trading.  

Positives
  • Tight Spreads
  • Standard Commissions
  • Fast Execution
  • MT4 & MT5 trading platforms
  • Free Virtual Private Server (VPS) for automated trading
  • Quick customer service
  • A good number of funding options
  • No deposit or withdrawal fees
  • Demo trading
  • Islamic accounts
  • No inactivity fees
Negatives
  • No services to Non-US clients
  • $100 Minimum Deposit
  • No proprietary trading platform
  • No Cryptocurrencies, Bonds or options offered
  • Customer Support available only 24/5

Blueberry Markets Review

Investment Products

Blueberry Marketplaces offers over 300 trading instruments in a variety of markets, including forex, commodities, indices, metals, energies, and CFDs. The broker lags in terms of offering cryptocurrency CFDs trading, and it does not offer shares trading on its MT4 trading platform. It would be great if the broker offered cryptocurrencies keeping in mind the increasing popularity of digital currency.

Blueberry Markets Instruments Summary

Instruments Blueberry Markets
Forex
Stocks
Indices
Commodities
Cryptosx
Optionsx
Bondsx
ETFsx
CFDs
Blueberry Markets Instruments

Blueberry Markets Review

Commission and Fees

Commission and Spread Fees

Blueberry Markets offers flexible spreads to its clients. A client can enjoy tight spreads starting from 1.0 pip on major forex instruments with a standard account, and he bears no other costs on trade other than the spread. On a raw ECN professional account, the customers can enjoy negligible spreads starting from zero and pay a commission of $7 per round per standard lot. However, the minimum deposit requirement for a professional account is a bit higher than the standard account. A traders trading strategy will decide the account type he chooses. Those who day trade or use automated systems may need tight spreads, whilst those who are position traders may prefer to trade without paying a commission. Keep in mind that depending on the asset being traded, the spreads and commission fees may differ. The broker does not offer any cash rebates at the time of writing this review.

FeeStandard AccountECN Professional Account
Commission (per standard lot per side)$0$3.5
Spreads from1.00.0
Blueberry Markets Fees

Deposit and Withdrawal Fees

Blueberry Markets offers a variety of payment methods to deposit and withdraw funds to its traders. However, there is no fee charged on deposits or withdrawals by the broker. However, you should check the payment method charges you are using, as some banks might charge a fee for wire transfers. Also, some electronic wallets charge a fee against each transaction.

Inactivity Fees

Blueberry Markets does not charge an inactivity fee from its clients who have not conducted any trading activity in a while.

Blueberry Markets Review

Platforms and Tools

MetaTrader4 and MetaTrader5 are the platforms offered by Blueberry Markets, and they are available for almost all devices, including desktop and mobile devices. Both platforms offer many features, including excellent charting, several add-ons, trading automation, and much more. Blueberry’s easy to use trading platforms, including free tools, in-depth trading histories, and access to additional features, are available to the broker’s clients. The broker does not charge anything for using its trading platforms. The broker also offers free VPS service on some conditions.

MetaTrader 4 (MT4)

Blueberry Markets’ MT4 comes with a comprehensive collection of technical analysis tools (including 30 technical indicators and charting tools) as well as extensive customisation possibilities. Clients also get access to tens of thousands of online resources and Expert Advisors. However, clients cannot trade in shares on MT4. Here are some salient features of MT4:

  • Easily customisable
  • Flexible
  • Various Technical indicators and drawing objects
  • User-friendly
  • On-click Trading
  • EA automated trading
  • Profiles and custom chart templates
  • Faster order executions
  • Price alert notifications
  • Windows, Mac OS, iOS and Android versions
  • Hedging & scalping allowed
  • Six order types
Blueberry Markets MetaTrader 4 (MT4)
Blueberry Markets MetaTrader 4 (MT4)

MetaTrader 5 (MT5)

The broker’s MT5 platform allows its customers to hedge their positions and gives comprehensive analytics, pending orders and access to more asset classes and trading tools. Greater specifically, Blueberry Markets’ MT5 offers quicker processing times and more customisable properties while trading CFDs, Share CFDs, and Commodities. Here are some benefits of using the MT5 platform with Blueberry Markets:

  • Trade Forex, Share CFDs, Commodities in one place
  • Flexible pending orders
  • Technical indicators
  • Analytical objects
  • 21 timeframes
  • Faster order execution
  • Easily customisable platform
  • An economic calendar
  • One-Click Trading
  • Windows, Mac OS, iOS and Android versions
Blueberry Markets MetaTrader 5 (MT5)
Blueberry Markets MetaTrader 5 (MT5)

VPS

Clients that trade a minimum of 10 lots every round turn in a calendar month are eligible for a free VPS from Blueberry Markets. A VPS is important because it allows you to operate the trading platform 24 hours a day, seven days a week, without having to turn on your own computer. Traders that need to use automated trading systems around the clock and desire a 1-millisecond latency to the Blueberry Markets trade servers may find this handy. The VPS offers technical help via live chat and email 24 hours a day, seven days a week.

Blueberry Markets Virtual Private Server (VPS)
Blueberry Markets Virtual Private Server (VPS)

Blueberry Markets Platforms Summary

PlatformBlueberry Markets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTraderx
Proprietaryx
Desktop
Web
Mobile
Social Tradingx
Other x
Blueberry Markets Platforms

Blueberry Markets Review

Research and Education

Before engaging in speculative trading, traders should always conduct as much research as possible. Trading with confidence and success relies on market information and expertise. Thus, research and education options provided by brokers are important to consider when selecting the right broker to trade with. The broker does not provide any research tools for traders other than the Blueberry Blog, which publishes articles, and Blueberry News. Their Forex library has a variety of free and downloadable reading materials on topics such as Forex trading indicators, share CFD trading, and more. These tools are designed for novice, intermediate and experienced traders who want to have long-form knowledge. Official how-to manuals and Forex principles, as well as novice trader seminars, can help new traders. If you’re an experienced trader trying to improve your trading skills, these intermediate and advanced subjects are for you. The broker also provides video tutorials for its MT4 and MT5 trading platforms.

Blueberry Markets Research and Education Summary

ResourcesBlueberry Markets
Market Analysis
Guides
Videos
Webinarsx
Autochartistx
Trading Centralx
Economic Calendar
Otherx
Blueberry Markets Resources

Blueberry Markets Review

Deposit and Withdrawal

The broker offers seven base currencies to its customers and charges no conversion fee. Blueberry Markets offers almost all the commonly used payment methods to its clients, including bank transfer, debit and credit cards and popular electronic wallets. However, the availability of a specific payment method depends on the location of the client. The broker has not included cryptocurrencies in its payments methods, so this is a bit of a disadvantage for the traders who wish to use crypto wallets for their transactions. Deposits and withdrawals can take anywhere from instantly to 3-7 business days to complete depending on the payment method used.

Blueberry Markets Funding Summary

Payment MethodDepositWithdrawal
Wire Transfer
Credit/debit Card
Electronic Wallets
Cryptosxx
Blueberry Markets Funding Options

Blueberry Markets Review

Regulation and Safety

Blueberry Markets is authorised and regulated by the Australian Securities and Investment Commission (ASIC) for Australian clients and by the Security Commission of Bahamas (SCB) for non-Australian clients. To comply with the regulatory authority rules, the broker keeps its customer’s investments separate from its operational costs in a separate bank account at National Australian Bank.

Blueberry Markets Regulation Summary

RegulatorBlueberry Markets
ASIC (Australia)
IIROC (Canada)x
CySEC (Cyprus)x
SFC (Hong Kong)x
JFSA (Japan)x
MAS (Singapore)x
FINMA (Switzerland)x
FCA (UK)x
CFTC (USA)x
Other (SCB)x
Blueberry Markets Regulators

Blueberry Markets Safety

Blueberry Markets has mostly positive ratings available online. But it does not disclose its financial statements in public. Neither the broker is traded on any stock exchange, nor does it hold a banking licence. The broker is a member of a compensation system or fund that pays out a certain sum to qualified clients in the unlikely event that the firm goes bankrupt. Keeping its positive online ratings on big names like Trust Pilot, Google Reviews, and Forex Peace Army can be a bit helpful to gain the trust of new customers.

Blueberry Markets Review

Client Support

Blueberry Markets offers first-class customer care 24/5 to its customers. Customer support is available by phone, email, and online live chat and is really responsive. Despite being available only on weekdays, its customer service has gained popularity like none other. The customers can go through the help centre page to find a quick answer to their question regarding account opening, deposit or withdrawal, or trading platforms or start a live chat instantly.

Blueberry Markets Review

Conclusion

Blueberry Markets is a client-focused, multi-regulated online brokerage based in Australia that offers the popular MetaTrader platforms for trading 300+ products with variable spreads and commissions. They provide commission-free accounts with a marked-up spread or ECN accounts with a narrower spread and a lower commission price. With a highly efficient support crew, the broker is client-focused. The broker offers excellent trading conditions, easy payment methods, and even a free virtual private server.

Everything that you find on InvestingBrokers.com is based on information and data that is readily available from each broker that we have reviewed. We combine our 15+ years of industry experience with research, analysis and user feedback. This enables us to give an impartial and reliable broker rating. You can read more about our broker review process here.

Blueberry Markets Review

FAQs

When was Blueberry Markets founded?

The broker was founded in 2016.

Where is Blueberry Markets located?

The broker is located in Australia.

Is Blueberry Markets regulated?

Yes, the broker is regulated by ASIC and SCB.

What trading instruments does Blueberry Markets offer?

The broker offers more than 300 instruments across various asset classes forex, CFDs, commodities and shares.

What is Blueberry Markets minimum deposit?

The broker requires a $100 minimum deposit.

What investing platforms does Blueberry Markets offer?

The broker offers MT4 and MT5 trading platforms.

What is Blueberry Markets commission fee?

The broker charges a $7 commission per standard lot traded.

Does Blueberry Markets charge an inactivity fee?

No, the broker does not charge any inactivity fee from its clients.

What are Blueberry Markets spreads?

The broker offers very tight spreads starting from zero pip spread on the professional account and one on the standard one.

What funding options does Blueberry Markets offer?

Blueberry Markets offers a lot of funding options, including wire transfers, debit/credit cards and electronic wallets.

Does Blueberry Markets offer demo trading?

Yes, the broker offers demo trading.

Does Blueberry Markets offer Islamic accounts?

Yes, the broker offers Islamic accounts to its clients from the Muslim Faith.

How do I contact Blueberry Markets customer support?

You can contact the broker’s customer support via live chat, phone or email 24/5.
Blueberry Markets Review
Blueberry Markets Review
Minimum Deposit: $100
Richard Montana

Richard Montana

Richard has spent many years researching, testing, comparing and reviewing brokers. He has an extensive knowledge when it comes to understanding what to look for in a broker for trading and investing online.

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