Blueberry Markets Review

Blueberry Markets offer a wide range of 300+ tradable instruments across different asset classes, including forex, commodities, shares CFDs, cryptocurrency CFDs, and indices through the very popular MetaTrader platforms. The broker operates an ECN trade execution model and provides a free VPS and quality trading conditions, including tight spreads and competitive commissions. The broker also helps its clients’ education by providing a quality market analysis and overview. You can open an account with a minimum deposit of $100 or practice trading online with a risk-free demo trading account.

Blueberry Markets is an entity name of Eightcap Pty Ltd, an Australian-based broker that offers online trading to a worldwide client base. The broker was founded in 2016 by a former AxiTrader. Blueberry Markets is authorised and regulated by the ASIC and the SCB.

This Blueberry Markets review will look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms and tools, research and education, account funding options, customer support, and broker regulation.

Instruments

Blueberry Markets offer 300+ financial products on a wide range of asset classes such as forex, CFDs of shares, commodities, and cryptocurrencies and indices. However, the broker lags a bit in providing other popular asset classes such as options, ETFs, and bonds for trading. It would be nice to see those asset classes on board as well.

Platforms

Blueberry Markets offers the most praised and user-friendly trading platforms from MetaQuotes. The traders can use the most trader-friendly MetaTrader 4 or take their trading experience to the next level with the multi-asset MetaTrader 5 platform with additional features. In addition, the traders who use expert advisors and dedicated plugins on their trading platforms can also avail a forex VPS service that Blueberry Markets provides.

Blueberry Markets Trading Platforms
Blueberry Markets Trading Platforms

Let’s discuss the details of these trading platforms.

MetaTrader 4

Blueberry Markets provides clients with one of the most widely used trading platforms, the MT4 platform from MetaQuotes. 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

Salient features of the desktop version of MT4 are as follows:

  • 3 chart types and 11 timeframes
  • Trader-friendly
  • Fully customisable chart templates
  • Automated trading with Expert Advisors (EAs)
  • Impressive number of technical indicators and charting objects
  • Price alerts
  • Market and pending orders
  • Trade from charts with one-click trading
  • MetaQuotes marketplace to buy or sell plugins
  • Easy to navigate interface and settings
  • Market watch
  • News
  • Strategy tester with a good amount of historical data
Blueberry Markets MT4 Platforms
Blueberry Markets MT4 Platforms

MetaTrader 5

Their MT5 platform provides enhanced analytics and pending orders and access to more asset classes and trading tools, and the ability to hedge positions. In particular, Blueberry Markets’ MT5 platform enables trading of Cryptocurrency CFDs, Share CFDs, and Commodities with quicker processing times and more customisation options.

Here are some cool features of the MT5:

  • Multi-asset trading
  • 6 pending orders in addition to the usual market orders
  • technical indicators and analytical objects
  • 21-time frames
  • One-click trading
  • View up to 100 charts
  • Superior MQL5
  • Economic Calendar
  • Ability to set up alerts
Blueberry Markets MT5 Platforms
Blueberry Markets MT5 Platforms

WebTrader

Blueberry Markets offers trading on all popular web browsers by accessing web versions of MetaTrader 4 and MetaTrader 5. So you just need a device with an internet connection to access your MT4 or MT5 account without the hassle of downloading any additional software or app. However, there might be some features that are not available in web versions.

Mobile Trading

Blueberry Markets provides its client the ease of trading on the go. Users can now access their trading accounts with mobile iOS and Android versions of their MT4 or MT5 accounts. They can open, manage or close their positions with any hand-held device with an internet connection by downloading these simple trading platforms. Mobile versions of MT4 and MT5 have almost all the important features you can enjoy the desktop version.

Tools

Blueberry Markets VPS
Blueberry Markets VPS

Virtual Private Server (VPS)

Whether Standard or Direct, clients having a live account are eligible for free access to the VPS service. Blueberry Markets’ VPS offers the greatest possible experience by completing transactions with increased speed and precision via high-performance external servers. It also supports low-latency trading by hosting the client’s system in the same data centre as Blueberry Markets’ primary trading servers, guaranteeing that deals are performed in one minute or less.

Education

Blueberry Markets offers a dedicated educational section. The broker does not offer any popular technical research tools like AutoChartist, Trading Central, trading calculators, or an economic calendar. In addition, the broker also does not conduct any webinars or seminars for its trading community. These factors may only affect you if you’re a newbie to trading. But if you are intermediate to the advanced trader, it shouldn’t be a considerable problem for you.

The broker has two sections that conclude the educational resources.

Learn

In this section, Blueberry Markets offer trading courses, information regarding trading platforms, and video tutorials.

Trading Courses

Blueberry Markets offer trading courses for all levels of traders. Whether you are a beginner, intermediate, or advanced trader with considerable experience, you will find a trading course for each level. These trading courses are designed to help traders make informed decisions.

Video Tutorials

The same goes for the video section. Blueberry Markets offers educational videos for beginners, intermediate or advanced traders but also video tutorials of the trading platforms. So you can learn from basics to advanced trading techniques with the help of these videos.

Market Analysis

Blueberry Markets has a section for market analysis that provides a comprehensive outlook on both fundamentals and technical. In addition, you can browse the news articles and subscribe to a weekly newsletter addressing the major market news.

Conclusion

Blueberry Markets is a fully regulated online broker operating from Australia that provides the popular MT4 and MT5 trading platforms for trading in over 300 different trading products. Traders can choose between commission-free accounts with tight spreads and accounts with a low commission fee. The trading environment is favourable with excellent trade execution, substantial liquidity and user-friendly trading platforms. Various funding options with no deposit or withdrawal fees are also plus points for the broker. In addition, trading courses help users to make informed decisions. On the other hand, the broker does not accept clients from the US. Blueberry Markets requires a minimum deposit of $100 to open an account. The broker does not offer real shares trading. There are no research tools available for its clients, which is also a drawback.

Blueberry Markets

8

Markets

8.0/10

Platforms

8.5/10

Tools

8.5/10

Education

7.0/10

Pros

  • User-friendly trading platforms and apps
  • Good range of trading instruments
  • Real time trading signals
  • Free low latency VPS available
  • Around the clock customer support
  • Free demo trading accounts

Cons

  • Cannot accept USA traders
  • Average educational resources
  • Minimum $100 deposit
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