Blueberry Markets Review
Regulation and License
|
ASIC, SCB
|
HQ
|
Australia
|
Founding year
|
2016
|
Leverage range
|
1:1-1:500
|
Min deposit
|
100 USD
|
Platforms
|
MT4, MT5
|
Tradable instruments
|
Cryptocurrencies, Indices, Forex, Oil, Metal
commodities, Australian, and US Share CFDs
|
Demo account
|
Yes
|
Base currencies
|
Supports USD, AUD, SGD, CAD, EUR, NZD and GBP
|
Customer support
|
24/7 Support
|
Active clients
|
30,000+
|
publicly traded
|
No
|
Crypto
|
Yes
|
Website
|
https://blueberrymarkets.com/
|
Pros and cons
Pros
|
Cons
|
Easy account opening
|
Limited portfolio for trading instruments
|
ECN trading environment
|
|
Good education resources
|
|
Supports multiple currencies
|
|
24/7 customer support
|
|
Blueberry Markets Overview
Blueberry Markets is an Australian broker founded in
2016 that offers a wide range of trading platforms and instruments for traders
of all experience levels. With competitive leverage ratios, low minimum
deposits, and a variety of base currencies supported, this broker is an good
choice for anyone who is looking for great service, execution, and great
trading conditions.
In addition to traditional forex trading, Blueberry Markets
supports trading in CFD's on cryptocurrency, indices, commodities, oil, and metals.
And with a strong customer support team available at all times and an active
client base of over 30,000 traders, Blueberry Markets is a highly reliable and
trusted choice for trading the markets. The broker provides tight spreads and
executes trades quickly and efficiently.
Blueberry Markets is a top choice for anyone looking to
trade with confidence and success with transparent pricing and an easy-to-use
trading platform. EightCap Pty Ltd organization is authorized by ASIC
(Australia) registration — ABN 73 139 495 944 and AFSL 391441. Eightcap Global
Ltd is also authorized by SCB (Bahamas) SIA-F220. So, if anyone is wondering if
this platform is a scam or not, it's not a scam, and it offers legitimate &
regulated services.
Discussing Safety: Blueberry Markets
It is a reliable broker that keeps the clients' safety
in the first place by offering segregated accounts, Negative Balance
Protection, and other strict measures. Blueberry Markets is an
Australian-regulated broker. The company behind the brand, Eightcap Pty Ltd, is
authorized by the Australian Securities and Investments Commission (ASIC)
registration — ABN 73 139 495 944, AFSL 391441.
The company also holds a license from the regulatory
body in the Bahamas, the Securities Investment Business Authority (SIA-F220).
These are clear signs of legitimacy attest to Blueberry Markets' commitment to
providing reliable, trustworthy services for its clients. Furthermore, it is
also worth mentioning that Blueberry Markets supports negative balance protection,
which means traders cannot lose more than what they initially invested in their
trading account.
With ASIC, SCB regulations, segregated accounts, and
negative balance protection in place, Blueberry Markets is a safe and secure
choice for traders of all experience levels. So if you are looking to trade
with confidence and success, look no further than Blueberry Markets. The
company meets the highest standards of the Australian Securities and
Investments Commission ('ASIC') for the security of client money. It is also a
member of the Australian Financial Complaints Authority (‘AFCA’), ensuring that
any complaints are dealt with professionally and promptly. Moreover, retail
clients' funds are kept separately from the business fund and are held in accounts
with Australian banks and custodians.
Blueberry Markets Fees
Blueberry Markets feeds are based on a tight spread
from 0.0 pips for their professional account. In addition, the broker levies
zero commission on the standard account but they charge a higher spread with a
service mark-up. Moreover, the spreads are flexible and they can lean towards
0.0 pips as your account value grows larger. To understand fee structure
better, refer to the below table.
Fees
|
Blueberry Markets
Fees
|
Deposit Fee
|
No
|
Withdrawal Fee
|
No
|
Inactivity Fee
|
No
|
Fee ranking
|
Low
|
Spread/Trading Fees
The broker doesn't charge any commission on the
standard account, but they levy a service mark-up. On their professional
account, the broker charges a commission of $7/lot round trip. The average
industry commission is $5-$10/lot round trip, so this broker's fees are
considered to be high when compared to other brokers in the industry.
However, the broker makes up for their high fees with
fast execution speeds and tight spreads. So, if you're looking to trade with a
broker that can provide you with quick and reliable executions, Blueberry
Markets is a great choice. To understand the fee structure, refer to the below
table:
Asset/ Pair
|
Blueberry Markets
Spread
|
EUR USD Spread
|
1 pips
|
Crude Oil WTI
Spread
|
4
|
Gold Spread
|
10
|
Fee ranking
|
Low
|
Swap fees charged by
Blueberry Markets
Blueberry Markets charges a swap fee based on the
interest differential between the two currencies being traded. For instance, if
you're trading EUR/USD, you will be charged for the overnight interest on US
dollars and credited for the overnight account in Euros. There are no fixed
fees to be paid, and it all depends on how much interest is charged or credited
to your account.
Blueberry Markets Deposits &
Withdrawals
This platform offers a variety of payment methods,
including Visa/MasterCard, Skrill, POLi Payment, fasapay, and Bank Wire
Transfers. With competitive leverage ratios and low minimum deposits, Blueberry
Markets makes it easy to fund your trading account quickly.
Methods of Deposit and
Withdrawal on Blueberry Markets
Visa/MasterCard, Skrill, POLi Payment, fasapay, Crypto,
PayPal, and Bank Wire Transfers are just a few of the payment options available
to fund your trading account. While you have the option of selecting a base
account currency, this will aid in a smooth transfer with no conversion costs.
Minimum Deposit at
Blueberry Markets
If you apply for a Standard account based only on
spread, the minimum deposit amount is $100. The initial deposit is $1,000
dollars for professionals and accounts with customized solutions, which is
regarded as a fantastic chance for high-volume traders.
When it comes to withdrawals, there are no fees charged
by Blueberry Markets. You will only be charged a fee if your bank charges you
for the transfer. Withdrawals are processed quickly and efficiently, and you
can expect to receive your funds within 1-3 business days. Overall, Blueberry
Markets is an excellent choice for anyone looking to trade the markets with a
reliable and trusted broker.
Minimum and Maximum
Deposit and Withdrawal
● Minimum
deposit: 100 USD
● Maximum
deposit: Unlimited
● Minimum
and maximum withdrawal: No limits
Tradable markets on Blueberry Markets
At Blueberry Markets, they offer traders access to a
wide range of trading instruments and platforms, including forex,
cryptocurrencies, CFDs on indices, commodities, oil, and metals. With
competitive leverage ratios and low minimum deposits, they make it easy for
traders of all experience levels to get started with trading the markets. They
have more than 300 instruments across major and most traded instruments, including:
● Forex:
majors, minors, and exotics
● Cryptocurrencies:
Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Monero,
Dash, Polkadot, Stella Lumens, and Ripple.
● CFDs on
Indices: S&P 500, NASDAQ 100, Dow Jones 30, FTSE 100
● Commodities:
Gold, Silver, Oil, Natural Gas
● Metals: Gold,
Silver, and Platinum
You can trade the markets using both MT4 and MT5
platforms and enjoy streamlined trading on the go. Overall, with high-quality
services and a commitment to providing traders with everything they need to be
successful in the markets, Blueberry Markets is an excellent choice for anyone
looking to trade confidently and successfully.
Even if you are a beginner, you will find the platform
easy to use. The Blueberry Markets trading platform is available in both
web-based and mobile versions. And with a variety of account types, leverage
ratios, and base currencies supported, they make it easy for everyone to find
an account that suits their needs.
Blueberry Markets leverage
Blueberry Markets offers competitive leverage ratios of
up to 1:500 on forex trading, making it one of the most accessible platforms
for those looking to trade with larger positions. Additionally, there are no
hidden fees or charges, and traders will find that Blueberry Markets is highly
transparent in its pricing and execution practices.
For AU residents, the default leverage is 1:30 while,
for wholesale clients the leverage can go up to 1:500, and with competitive
pricing and a wide range of trading instruments, Blueberry Markets is an
excellent choice for anyone looking to trade the markets with confidence and
success.
Trading platform and tools of Blueberry Markets
Blueberry Markets platform offers a variety of trading
tools and features, including Web-based, Desktop-based, and Mobile trading
platforms. The user-friendly design makes it easy to navigate the platform and
execute trades quickly and efficiently. In addition, the powerful technology
and ECN environment provide a reliable and stable trading experience for
traders of all levels.
Desktop trading on
Blueberry Markets
In addition to the web-based platform, Blueberry
Markets also offers a desktop trading terminal. The desktop terminal provides
access to all of the same features as the web platform and can be customized by
traders with features like expert advisors (EAs) and custom indicators. The
desktop platform is available for use on both Windows and Mac computers.
Mobile trading on
Blueberry Markets
For traders on the go, Blueberry Markets offers a
mobile trading app. The app is available for use on both iOS and Android
devices and provides all of the same features as the web and desktop platforms.
It is a convenient option for traders who are always on the go, as it allows
you to access the markets from anywhere with an internet connection.
Whether you are a new or experienced trader, Blueberry
Markets has everything you need to succeed in the fast-paced world of online
trading. With competitive spreads, powerful technology, and a wide range of
trading platforms and tools, we are confident that you will find everything you
need to trade the markets with success.
Blueberry Markets trading account
types
This broker offers several account types, including
Standard and Direct. The Standard account is designed for beginner traders and
offers low minimum deposits as well as access to standard trading features like
market execution, one-click order cancels, and expert advisor support.
For more advanced traders with larger funds available
for trading, the Direct account comes with additional benefits like guaranteed
stop-loss points, priority support, and unlimited trading.
Standard trading account
on Blueberry Markets
It's the primary account that is ideal for beginners,
and it offers all the essential trading features at a low minimum deposit of
only $100. The trading platform is user-friendly, and traders can access the
markets from anywhere with mobile trading support accessed through the web
terminal or native Blueberry Markets app. The standard account of Blueberry
Markets offers the following features:
Spreads
|
From 1.0 pips
|
Commission
|
$0
|
Minimum Deposit
|
$100
|
Maximum Leverage
|
9:20
|
Minimum Trade Size
|
0.01
|
Tradable
Instruments
|
300+
|
Trading Platforms
|
MT4, MT5, Web
Trader
|
Direct trading account on
Blueberry Markets
It is designed for experienced and advanced traders
with a larger deposit of $100, and it begins with 0.0 pips with no commission.
It is an excellent choice for those who want to trade with more significant
amounts and take advantage of possible best conditions. The account comes with
market execution, one-click order cancels, and expert advisor support.
Additionally, guaranteed stop-loss points and priority customer support are
available with this account type. Following are the features:
Spreads
|
From 0.0 pips
|
Commission
|
$7
|
Minimum Deposit
|
$1000
|
Maximum Leverage
|
1:500
|
Minimum Trade Size
|
0.01
|
Tradable
Instruments
|
300+
|
Trading Platforms
|
MT4, MT5, Web
Trader
|
How to open an account on
Blueberry Markets
To open an account with Blueberry Markets, you must
complete the online application form and provide some personal information.
Once your account has been approved, you will be able to fund your account and
start trading. You only need to select the account type to open and provide
your personal information like email, name, and phone number.
Once you open the account, link your bank details, and
deposit the minimum amount, you will be able to start trading right away.
Blueberry Markets customer support
One of the best aspects of Blueberry Markets is its
excellent customer support. With a responsive team available 24/7, you can rely
on quick and helpful support whenever you need it. In addition, you can contact
Blueberry Markets via live chat, email, phone, or by leaving a message via
their online contact form.
Overall, if you are looking for a reliable and trusted
broker to trade with confidence and success, Blueberry Markets is excellent.
With competitive pricing, low minimum deposits, and a wide range of trading
platforms and instruments available, this broker has everything you need to
succeed in the markets.
Blueberry
Markets customer support phone number: +61 2 7908 3946, +61 2 8039 7480
Zoom info page: https://www.zoominfo.com/c/blueberry-markets/374767481
Research tools of Blueberry Markets
platform
This platform offers a wide range of research tools
that you can use to enhance your trading experience. Some of the research tools
include real-time market analysis and data, news feeds, economic calendars, and
educational resources. These tools enable you to make more informed decisions
when trading and help you stay on top of all the latest market developments. So
if you want to trade with confidence and success, Blueberry Markets is a
platform that you can rely on.
Fundamental analysis
provided by Blueberry Markets
Blueberry Markets provides an economic calendar that
covers all the key events and releases that can impact the markets. This is a
valuable tool that you can use to stay on top of all the latest market news and
make more informed trading decisions.
In addition, Blueberry Markets also offers a range of
educational resources that you can use to learn more about trading. These
resources include webinars, tutorials, and e-books. So if you are new to
trading or want to learn more about how to trade the markets, Blueberry Markets
is a great platform to use.
Technical analysis
provided by Blueberry Markets
Blueberry Markets also offers a range of technical
analysis tools that you can use to help you make more informed trading
decisions. These tools include real-time market data and charts, as well as a
range of indicators and studies.
Blueberry Markets Forex
calculator
Blueberry Markets also offers a handy forex calculator
that you can use to calculate your profits and losses. This is a valuable tool
that you can use to manage your risk and ensure that you are always in control
of your trading.
Informational and educational content
on Blueberry Markets:
Blueberry Markets platform offers a variety of
informational content and educational resources that you can use to enhance
your trading experience. These resources include ebooks, webinars, tutorials,
market news and analysis, trading tips, and much more. So if you are looking
for a platform that offers all the tools and support you need to succeed in the
markets, Blueberry Markets is an excellent choice.
MT4 training from
Blueberry Markets Broker:
Blueberry Markets offers an in-depth MT4 training
program that can help you get started with the platform quickly and easily.
This comprehensive training program covers everything you need to know about
using MT4, from setting up your account to accessing the tools and features of
the platform.
MT5 training from
Blueberry Markets Broker:
Along with MT4 training, Blueberry Markets also offers
a comprehensive MT5 training program that can help you get started with this
platform quickly and easily. This program covers everything you need to know
about using MT5, from understanding the key features and tools of the platform
to accessing market data and making trades.
Educational videos from
Blueberry Markets
Blueberry Markets also offers a wide range of
educational videos that you can use to learn more about trading the markets.
These videos cover everything from market analysis, fundamental and technical
analysis, forex basics, and many other topics. So if you are looking for an
easy way to improve your trading skills and knowledge, Blueberry Markets is a
great platform.
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Blueberry Markets review in a
nutshell
Overall, Blueberry Markets is a trusted and reliable broker
that offers traders everything they need to succeed in the markets. With
competitive pricing, low minimum deposits, and a wide range of trading
platforms and instruments available, this is an excellent choice for anyone
looking to trade with confidence and success. So if you are looking for a
reliable broker that offers all the tools and resources you need to succeed,
then Blueberry Markets is an excellent choice.
Blueberry Markets Broker Review FAQs
:
1. What are the documents
needed to open a Blueberry Markets trading account?
To open a trading account with Blueberry Markets, you
will need to provide some basic personal information, including your name,
email address, and phone number. You will also need to provide proof of
identity and residency, such as a copy of your passport or driver's license and
a recent utility bill. Finally, you will need to provide details of your
deposit method, such as the account and routing numbers for a bank transfer or
your credit card information.
2. How to open a live
forex trading account at BlueBerry Markets?
If you want to open a live forex trading account, you
will need to provide some basic personal information and fund your account.
3. Do Blueberry Markets
offer a demo account?
Yes, Blueberry Markets does offer a demo account for
forex trading. To open a demo account, simply visit the Blueberry Markets
website and click on the "Open Demo" button. You will then be
prompted to provide some basic information about yourself and your trading
experience, after which you can begin using the demo account to test out your
strategies and get comfortable.
4. Does Blueberry Markets
accept clients from all countries?
Please visit the website to access the full list of
countries that Blueberry Markets accepts clients from. Generally speaking,
however, most countries are eligible to open a trading account with Blueberry
Markets.
5. Do I need a bank
account to operate at Blueberry Markets?
Yes, you will need a bank account to deposit and
withdraw funds from your trading account. You can also use a credit or debit
card to fund your account. For
6. What type of customer
support does Blueberry Markets offer?
Blueberry Markets offers 24/7 customer support via Live
chat, email, phone, and contact form. You can also visit the online knowledge
base and educational resources to find more information about trading.
7. Is Blueberry Markets
profitable?
Honestly, we can not predict whether you will be
profitable in your trading. However, we can say that Blueberry Markets is a
reliable and trusted broker that offers low costs, competitive pricing, and a
wide range of trading platforms and instruments.
8. Is Blueberry Markets
regulated?
Yes, Blueberry Markets is regulated by a number of
reputable financial regulators, including the Financial Conduct Authority (FCA)
in the UK and the Australian Securities & Investments Commission. This
means that they are held to strict standards in terms of transparency and
security, so you can trade with confidence knowing that your funds are
protected.
9. How much does it cost
to open an account with Blueberry Markets?
The minimum deposit is $100, and there is no commission
on deposits or withdrawals. However, there may be fees charged by your bank or
credit card provider.
10. Can I trade with
Blueberry Markets on my mobile device?
No, they don’t have dedicated mobile applications as of
now.
11. What trading
instruments do Blueberry Markets offer?
Blueberry Markets offers a wide range of forex pairs,
CFDs, and commodities for trading. Even if you're a beginner, you can find a
trading instrument that suits your level of experience and expertise.
12. Do Blueberry Markets
offer affiliate programs?
Yes, Blueberry Markets does offer an affiliate program.
If you refer a friend to the broker, you can get CPA up to $1,000.
13. Is Blueberry Markets
a scam?
No, Blueberry Markets is not a scam. The broker is
regulated by a number of financial authorities and offers a secure trading
environment with transparent pricing and low costs.
14. Does BlueBerry
Markets offer forex VPS?
Yes, Blueberry Markets does offer forex VPS. You can
get started with them by quickly creating an account.
15. What is the leverage
for Blueberry Markets?
The maximum leverage for Blueberry Markets is 1:500.
16. Can I trade with
Blueberry Markets on MetaTrader 4 (MT4)?
Yes, you can trade with Blueberry Markets on MetaTrader
4 (MT4). The broker also offers a mobile trading app for both Android and iOS
devices so that you can trade on the go.
17. Does Blueberry
markets offer an active trader program?
Yes, Blueberry Markets offers an active trader program.
You can get started with them by filling out a quick online form to apply for
the program. Once approved, you'll need to maintain a specific trading volume
per month to maintain your account level and access the benefits that come with
it.
18. What kinds of trading
accounts are available with this broker?
Blueberry Markets offers a variety of different trading
accounts, including standard, active trader, and ECN. Each account type comes
with its own set of features and benefits, so you'll need to carefully consider
which one is best suited to your needs when opening an account.
19. What are the benefits
of the Blueberry Markets active trader program?
Some of the benefits of the Blueberry Markets active
trader program include lower spreads, faster trading execution, larger leverage
limits, and access to exclusive webinars and other educational resources. In
addition, you'll enjoy better customer support and personalized account
management from a dedicated account manager.
20. How do I get in touch
with Blueberry Market's customer service?
There are a few ways to get in touch with Blueberry Market's customer service. You can get in touch by filling out the form or emailing them at support@blueberrymarkets.com.