Blueberry Markets is an Australian-based broker that offers online trading to a worldwide client base. They offer a limited range of about 50 tradable instruments across different asset classes, including forex, indices, metals, energies, and other commodities, through the very popular MetaTrader 4 (MT4) platform. The broker operates an ECN model of trade execution and provides a free VPS and quality trading conditions, including tight spreads and competitive commissions. However, their trading tools and educational resources are lacking.
Blueberry Markets Review Introduction
In this Blueberry Markets review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Blueberry Markets.
Blueberry Markets Platforms & Tools
Blueberry Markets provides clients with one of the most widely used trading platforms, the MT4 platform. The broker has made available the three versions:
- A non-downloadable and installable web terminal that runs directly on most modern web browsers like Safari, Chrome, Edge, and Firefox
- Installable desktop applications for Windows and Mac computers
- Mobile trading apps that are compatible with Android and iOS devices
MT4 has a user-friendly interface and a wide range of trading tools, including 30+ built-in technical analysis indicators, 23 analytical objects, and support for automated trading with expert advisors (EAs). The only additional tool the broker provides, aside from the ones that come with the platform, is a free VPS.
Blueberry Markets Research & Education
Being a relatively new broker, Blueberry Markets does not currently have any educational resources on their website, but this might change in the future.
Blueberry Markets Trading Accounts
Blueberry Markets offers two main account types: standard account and professional account.
- Standard Account: The minimum opening deposit required for this account type is $100. Spreads start from 1 pip, and there is no commission charged — it is already included in the spread. The minimum position size that can be opened with this account is 0.01 lots.
- Professional Account: The Raw ECN professional account has spreads that start from 0 pip and a competitive commission of $7 charged per standard lot per round turn. It has a minimum position size requirement of 0.01 lots and has access to all trading instruments on the MT4 platform. The minimum opening deposit is $1,000.
There is also a demo account for those who want to practice in a risk-free environment.
Blueberry Markets Account Funding
The broker allows clients to fund and withdraw from their accounts using a variety of convenient payment methods, including bank wire, credit card, and online payment processors, such as Skrill and POLi. Some methods may not be available to specific countries.
Blueberry Markets Customer Service
Blueberry Markets offers a top-class customer support service. The support team is available 24 hours a day, 5 days a week, and they can be reached via phone, email, and online live chat.
Blueberry Markets Regulation
The Blueberry Markets Group is an online brokerage brand of Eightcap Pty Ltd, which is a fully registered financial service firm in Australia. The broker is licensed and regulated by the Australian Securities and Investments Commission (ASIC) with AFSL number, 391441.
Blueberry Markets Review Summary
Blueberry Markets is an Australian-based and regulated online broker that offers trading on about 50 tradable instruments through the MT4 trading platform. They offer two account types and accepts a number of payment methods.
It is worth mentioning that some of the trading products and services in this Blueberry Markets review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Blueberry Markets broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.