Blueberry Markets review

Spread from

0.0 pips

EUR/USD spread

0.04 pips, Direct

GBP/USD spread

Approx. 0.2 pips, Direct

Commission

US$3.50 per side / US$7 round turn, Direct

All-in cost, EUR/USD

Approx. 0.74 pips

Spread type

Variable

Overnight swap

Both: overnight swaps apply; swap-free accounts available with fixed daily administration charges

Withdrawal fee

None for most methods; international bank transfer fees can apply

Currency conversion

Currency conversion applies; additional spread/fee may be applied

Cost separates brokers who are otherwise level on the measures that decide the list.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Blueberry Markets lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Markets

Forex, Shares, Indices, Commodities, Metals, Cryptocurrencies

Currency pairs

60+

Total instruments

2,000+

Crypto CFDs

Yes

Maximum leverage

1:30

Execution model

ECN / no dealing desk

Execution speed

Approx. 100ms

Order types

Market, limit, stop, stop-limit, stop-loss, take-profit, trailing stop

Servers

Global financial data-centre infrastructure

Leverage is capped at 1:30, which is the retail limit under tier-one regulation. It is a protection rather than a restriction: it caps how quickly a position can move against your balance.

Blueberry Markets covers forex, shares, indices, commodities, metals, cryptocurrencies. A wider range matters less than depth in the instruments you actually trade.

Funding options: visa, mastercard, bank transfer, skrill, neteller, paypal, fasapay, poli, cryptocurrency and regional methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Platforms

MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry X, WebTrader

Own platform

Yes, Blueberry X

Mobile app

Both proprietary and third-party

Browser trading

Yes

Automated trading

Yes; EAs, cBots and algorithmic trading supported

Copy trading

Yes, Blueberry Social and cTrader Copy

Indicators

100+ through TradingView; 30+ MT4; 38+ MT5; custom cTrader indicators

Third-party tools

TradingView, Acuity, Blueberry Pulse

API access

Yes, via cTrader API

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

cTrader shows depth of market and level II pricing, and is usually paired with raw-spread accounts rather than fixed-spread ones.

TradingView integration lets you trade from charts you may already use, removing the need to run a second platform for analysis.

Regulated by

ASIC (AFSL 535887); Mauritius FSC (GB24203929); Vanuatu VFSC (700697)

Regulator tier

Tier 1

Register entry

ASIC Professional Registers, AFSL 535887

Client money segregated

Yes

Held at

Commonwealth Bank of Australia (CBA)

Negative balance protection

Yes

Compensation scheme

No statutory investor compensation scheme

Audited by

Independent external auditors

Not available to

United States retail clients, Japan, Central African Republic, North Korea, Congo, DR Congo/Zaire, Iran, Libya, Mali, Northern Mariana Islands/Saipan, Somalia, South Sudan, Yemen, Ontario, Indonesia and Malaysia

A licence is what puts a broker on this list at all; everything after it decides the position.

Blueberry Markets holds a tier-one authorisation from ASIC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

It also operates an offshore entity (VFSC and FSC). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.

ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.

Vanuatu's VFSC is an offshore licence with limited oversight and no compensation scheme. It is often the entity that offers the highest leverage.

An FSC licence (Mauritius or Belize, depending on the entity) is an offshore authorisation with lighter reporting duties than a tier-one regulator.

Check the licence yourself: ASIC Connect, the Mauritius FSC register of licensees.

Minimum deposit

$100

Account types

Standard, Direct/Raw, Swap-Free, Professional, Demo

Account currencies

AUD, USD, EUR, GBP, CAD, NZD, SGD, CHF

Islamic account

Yes

Demo account

Yes, $100,000 virtual funds

Professional account

Yes

Minimum trade size

0.01 lots

Time to open

Typically a few minutes

Deposit methods

Visa, Mastercard, bank transfer, Skrill, Neteller, PayPal, FasaPay, POLi, cryptocurrency and regional methods

Withdrawal methods

Bank transfer, Visa/Mastercard, Skrill, Neteller, PayPal and supported e-wallet/local methods

Deposit time

Most electronic deposits instant; bank transfers typically 1-3 business days

Withdrawal time

Processed within 24 business hours; arrival typically 1-3 business days

Minimum withdrawal

$50

Local payment methods

BPAY; PayID; POLi; FasaPay; DragonPay and regional bank/e-wallet methods

Support hours

24/7

Contact channels

Live chat, email, phone

Languages

Multilingual

Telephone

+61 2 8404 9486

Email

global@blueberrymarkets.com

Live chat response

Typically under 1 minute

Education

Extensive: educational articles, trading guides, platform tutorials, webinars and educational resources

Research

Blueberry Pulse, Acuity market data, market analysis, news and trading insights

Legal entity

Blueberry Australia Pty Ltd

Company number

ABN 67 646 513 797

Headquarters

Sydney, Australia

Founded

2016

Publicly listed

No

Parent company

Independent

Employees

201-500

Also trades as

Blueberry; Blueberry Markets