Blueberry Markets Broker Review

Written by Richard Perry

Richard Perry

Richard Perry is a recognised expert in technical analysis and market strategy, with significant experience in currency and equity markets. He has set up his own shingle called Perry Market Analysis, providing consultancy analysis of major markets, including research via webinars, videos and written analysis.

, | Updated: December 19, 2025

Blueberry Markets is a foreign-exchange and contracts-for-difference (CFD) broker that has steadily expanded its footprint since its establishment in 2016 in Australia. Originally built around a straightforward promise of competitive pricing on MetaTrader, the company now offers several advanced trading platforms, a deeper multi-asset line-up, two main retail account types, and round-the-clock customer service.

Blueberry Markets operates through different entities, each regulated by a specific financial authority, depending on the client’s country of residence. Australian residents trade with Blueberry Australia Pty Ltd, licensed under AFSL 535887. Blueberry Markets (Mauritius) Ltd holds a Global Business License issued by the Financial Services Commission of Mauritius, and Blueberry Markets (V) Ltd is regulated by the Vanuatu Financial Services Commission.

While that multi-entity structure broadens market reach and unlocks higher leverage for non-Australian customers, it also creates differences in consumer protection that traders must understand before funding an account. On the technology side, the broker sticks to the most popular third-party trading software: MetaTrader 4 and MetaTrader 5 on desktop, web, and mobile, along with TradingView and cTrader. A proprietary terminal, Blueberry X, is on offer, and Blueberry Social enables traders to mirror the strategies of top-performing traders. Blueberry’s Forex VPS keeps trading platforms running smoothly around the clock, reducing latency and helping traders achieve faster, more reliable trade execution.

Client sentiment appears positive on most public-facing platforms. At the time of writing (December 2025), the broker scores approximately 4.7 stars on Trustpilot from over 3,058 reviews. Traders frequently praise the broker’s live-chat responsiveness and the depth of personal account manager engagement. Less enthusiastic commentary tends to reference limited product scope, as Blueberry Markets does not yet support exchange-traded funds (ETFs) or options, as well as occasional minor issues related to ID verification delays.

Key Pros and Cons

If you are looking for a quick snapshot of Blueberry Markets, here are a few key pros and cons of trading with this broker. Information has been sourced exclusively from the broker’s official website and documentation, public regulatory filings, and a broad review of verified client feedback.

By weighing these strengths and weaknesses, we can conclude that Blueberry Markets excels in cost efficiency, day-to-day trade execution, and personalised support, while leaving room for improvement in broader asset coverage. Traders seeking tight FX and CFD pricing on the familiar MetaTrader platform may find these advantages compelling. Those requiring access to cash equities, listed options, or a more diversified product set will likely find better alternatives elsewhere.

Company Information

Ownership of Blueberry remains private and relatively concentrated. Founder Dean Hyde still acts as the managing director and frequently participates in educational webinars and market-outlook videos. The company has not raised public capital and has avoided the large-scale mergers common in the retail brokerage sector. That independence provides Blueberry with agility in rolling out policy or pricing changes, but also means its growth and operational stability are reliant on its own cash flow rather than a deep corporate balance sheet.

Note that Blueberry Markets Pty Ltd is an Australian corporate entity, not directly holding a financial license itself. The licensees represented by this entity include Acy Capital Pty Ltd, Blueberry Prime Partners Pty Ltd, and Eightcap Pty Ltd.

Additionally, Blueberry Prime Partners Pty Ltd., with registered address at Level 17/135 King St, Sydney NSW 2000, Australia, facilitates payment processing (ABN 57 140 275 860 AFSL 36411).

Blueberry Markets comprises the following trading entities, with their registered addresses and license numbers duly listed.

• Blueberry Australia Pty Ltd, trading as Blueberry, is regulated by the Australian Securities and Investments Commission (ASIC), with office address at Suite 701, Level 7, 107 Mount Street, North Sydney, NSW 2060, Australia; License number: AFSL 535887.
• Blueberry Markets (V) Ltd, regulated by the Vanuatu Financial Services Commission (VFSC) with office address at Govant Building, 1st Floor, BP 1276, Port Vila, Vanuatu; License number: (Company number: 700697) holding License Classes A, B and C under the Financial Dealers Licensing Act.
• Blueberry Markets (Mauritius) Ltd, regulated by the Financial Services Commission of Mauritius (FSC) with registered address at Silicon Avenue, 40 Cybersecurity The Cyberati Lounge, Ground Floor, The Catalyst, Ebene 72201, Mauritius; License number: Global Business Licence GB24203929.

Why Trade with Blueberry Markets?

Blueberry Markets strategically focuses its value proposition on the core requirements of active forex and CFD traders. The broker excels by concentrating on the pillars essential for success: transparent regulatory framework, attractive pricing, platform variety, quick and reliable funding processes, and personalised client support. While the offering delivers premium services in these crucial areas, the broker maintains a streamlined product line-up, prioritizing performance and depth in its core markets over broad, ancillary product diversification.

The table below summarises the core differentiators:

Regulation

Blueberry Markets’ regulatory picture is best understood by separating Australian residents from the rest of the world. For clients domiciled in Australia, the counterparty is Blueberry Australia Pty Ltd, trading as Blueberry (ABN 67 646 513797), operating under AFSL 535887.

ASIC places stringent obligations on licensed providers, including minimum net tangible assets, regular financial audits, and segregation of client money in trust accounts at authorised deposit-taking institutions (ADIs). Retail leverage is capped at 1:30 on major FX pairs and 1:20 on non-majors, in line with ASIC’s 2021 product-intervention order that mirrors ESMA’s European rules. However, Australia does not have a specific, government-backed financial compensation scheme for broker failure (unlike the UK’s FSCS). Negative Balance Protection is mandatory for all retail clients.

Blueberry Markets (Mauritius) Ltd, registered in Mauritius under Company Number 218548, holds a Global Business Licence GB24203929. This license, granted under the Financial Services Act, authorizes the company to operate as a Full Service Dealer, excluding underwriting services.

Blueberry Markets (V) Ltd (Company Number 700697) is regulated by the Vanuatu Financial Services Commission (VFSC). This entity holds Licenses for Classes A, B, and C under the Financial Dealers’ Licensing Act.

The requirements of these two offshore regulators are less stringent compared to those of ASIC. Capital requirements are lighter, leverage restrictions are minimal (Blueberry offers up to 1:500), and investor-compensation funds are not mandatory.

Here is a concise breakdown of Blueberry Markets’ trading licenses:

The broker does not accept customers from certain countries, including the US, Japan, the Central African Republic, North Korea, Congo, Zaire, Iran, Iraq, Libya, Mali, Saipan, Somalia, South Sudan, Yemen, Ontario, Indonesia, and Malaysia. European Economic Area (EEA) traders may open accounts, but they will have no access to Europe’s Investor Compensation Scheme or negative balance protection under ESMA rules.

Client funds are segregated from operational capital at top-tier banks, such as the Commonwealth Bank of Australia. These accounts are described as tier‑1 bank accounts, indicating they are with highly capitalised, well‑rated institutions rather than smaller regional banks. Negative balance protection is guaranteed for retail clients under the ASIC framework.

KYC Procedure for Account Creation and Depositing

Opening a live account with Blueberry Markets is a straightforward process, taking approximately 15 minutes. It begins with the ‘Sign Up’ form on the website, allowing quick registration via email and password or social accounts (Google, Facebook, Apple). The applicant then selects their country of residence and submits basic personal details like name, date of birth, and address.

Next, the applicant selects their account type: the commission-free Standard account or the Raw (Direct) account, which has commissions but tighter interbank spreads. This is followed by account configuration, where the client chooses their base currency, preferred trading platform (e.g., MT4/MT5), and leverage. Upon completion, the live account is established, reviewed by support, and login details are emailed to the trader.

A low minimum deposit of $100 is required to start live trading, making the platform accessible to all levels of traders. Clients can fund their account immediately, but full regulatory compliance and the removal of deposit limits are dependent on completing the Know Your Customer (KYC) verification process.

The crucial KYC procedure confirms the account holder’s identity and address for full access and regulatory compliance. While verification can be postponed after setup, it requires submitting two standard documents: a government-issued Photo ID for identity, and a recent Proof of Residence (such as a utility bill or bank statement) to confirm the address.

Completing the KYC documentation is vital for removing funding restrictions. Unverified accounts have a temporary deposit ceiling (up to $5,000). Successful verification of the Photo ID and Proof of Residence unlocks maximum account functionality and grants access to significantly higher funding limits, ensuring a secure and fully compliant start to trading.

Account Types

Blueberry Markets keeps its account taxonomy refreshingly simple: two main retail account types, Standard and Raw:

• The Standard account, where all trading fees are covered by the spread.
• The Raw account, where spreads are much tighter, but commissions are charged on each trade.

Additionally, the broker supports sub-variations, such as swap-free (Islamic) accounts, MAM/PAMM accounts, and two tiers of professional accounts.

Let’s now have a look at each of these accounts.

Both core accounts are available on MT4, MT5, WebTrader, TradingView, and Blueberry X in all offered base currencies (AUD, USD, GBP, EUR, CAD, NZD, CHF, SGD). The minimum deposit for either account is $100.

Islamic Account (Swap-Free)

Swap-free accounts are available on both Standard and Raw variants, but exclude certain exotic pairs. The broker provides a list of regions where Islamic accounts are supported. If traders are Muslim from a non-eligible country, they are still eligible for an Islamic account by providing a Proof of Faith document. Keep in mind that Blueberry Markets applies a fixed administration fee, which varies by instrument.

Professional Accounts

High-volume or eligible “wholesale” clients can request a Professional account, which removes retail leverage caps. At Blueberry Markets, the professional account types are two: Blueberry Premium and Blueberry Premium +. Premium trading conditions are available for both account types, including a dedicated support team, exclusive experiences, and member-only offers. Traders need to meet the following conditions to get a professional account status:

• Maintain a balance above $10,000 (Premium) and $50,000 (Premium+).
• Quarterly trade volume of 500 lots of forex, indices, or commodities for Premium and 1,000 lots for Premium+.
• Quarterly notional volume of AU$50 million for Premium and AU$100 million for Premium+.

MAM/PAMM Accounts

Blueberry Markets offers PAMM and MAM accounts primarily for professional money managers. These managed account services allow skilled traders to oversee multiple client accounts, pooling funds for proportional profit and loss distribution while providing transparency and risk tools.

Demo Account

Blueberry Markets’ demo account is available for free and can be created by providing an email and setting a password. Traders pick their account type, base account currency, leverage, and initial balance. Once registered, they receive the demo account login details and instructions via email. The account enables traders to explore markets in a risk-free environment or test new strategies with no financial risk. Demo accounts expire within 30 days.

One notable omission is the availability of guaranteed stop-loss orders, a feature available at some competitors, such as IG. Blueberry Markets stops are subject to market gap risk, especially over weekends or major news, though slippage protection thresholds can be configured in MT5.

Trading Fees and Other Costs

Blueberry Markets publishes live prices for popular trading instruments on its website and updates them regularly. A demo account on the MT4 and MT5 platforms can give traders a better idea of spreads on all supported instruments. Here are the main expenses traders can anticipate with Blueberry Markets:

• Trading costs – spreads, commissions, and overnight financing rates;
• Non-trading costs – account management fees, deposit and withdrawal fees, non-activity fees.

Let us now examine the trading and non-trading fees that are available at Blueberry Markets.

Spreads

Blueberry Markets’ fee framework is transparent and highly competitive. Spreads are either variable plus markup (Standard account) or raw (Direct account) plus commission.

• Standard: Spreads start from 1.0 pip with no commission fee on forex.
• Raw: Spreads start from 0.0 pips and a commission fee on forex applies.

Let us take a look at the average spreads offered on the two main retail account types suitable for forex trading:

We can now compare the trading costs related to the Standard and Raw accounts at Blueberry Markets, taking as an example one standard lot EUR/USD position. Let us assume that the position is opened and closed at the same price. A price change of 1 pip equals $10.

Standard Account

• Spread – 1.00 pip
• TOTAL COST – 1.00 x $10 = $10.00 for one side and $20.00 per round-trip

Raw Account

• Spread – 0.0 pips
• Spread cost – 0.0 x $10 = $0.0
• Commission – $7.00 per round-trip
• TOTAL COST – ($0.0 x 2) + $7.00 = $7.00 per round-trip

Let us now also compare the average spreads for the Standard Account at Blueberry Markets to those offered by three other major brokers for major currency pairs.

Commissions

On its Raw account, Blueberry Markets charges a round-turn commission of $7.00 per standard lot ($3.50 per side).

This means that:

• For one standard lot (100,000 units), you will pay a $7.00 commission to open and close the position.
• For one mini lot (10,000 units), you will pay $0.70 to open and close the position.
• For one micro lot (1,000 units), you will pay $0.07 to open and close the position.

A round-turn commission of $7.00 per standard lot is within the industry average. For an equivalent trade on a zero-spread account with Fusion Markets, traders pay $2.25 each way, or $4.50 in total. At Pepperstone, the equivalent trade on a zero-spread account incurs a $7.00 round-turn commission.

Financing Charges

Financing charges, also known as swap rates or overnight funding fees, occur when a trading position is held open past the end of the trading day. This charge is based on the overnight interest rate differential between the two currencies in the forex pair being traded and the direction of the position (whether it is a long or short position). Swap charges on Blueberry Markets follow the usual convention of tripling on Wednesday night to account for weekend settlement.

At Blueberry Markets, Islamic accounts charge administrative fees that apply daily and vary by instrument. Note that, as there is no grace period for admin charges, they apply immediately to any positions held overnight on Islamic accounts.

Swap rates are subject to change. At the time of writing, swap rates for the EUR/USD pair are as follows: -8.4668 points for long positions held overnight and 3.02 points for short positions held overnight.

In order to view the swap rates on Blueberry Markets’ MetaTrader4 platform, traders should:

1. First, open the Blueberry Markets MT4 platform and locate the desired forex pair in the Market Watch window.
2. Second, right-click on the forex pair and select Specification from the menu.
3. Third, view the Swap long and Swap short values in the contract specifications.

Deposit Fees

Blueberry Markets supports several safe and convenient deposit methods, all of which do not incur deposit fees on behalf of the broker. In the sections below, we provide further information on the supported methods, processing times, and limits. For additional details, see Deposit Methods.

Withdrawal Fees

Withdrawals, too, do not entail additional costs. They are free on the broker’s side, though third-party processors may charge their own fees. International transfers typically attract a fee of approximately $25 imposed by banking intermediaries. For further information, see Withdrawal Methods.

Inactivity Fees

At Blueberry Markets, accounts are automatically archived if there is no trading activity within 90 consecutive days and if the balance is less than $100. On the bright side, the broker does not charge any inactivity fees, thus minimizing traders’ operational expenses.

Currency conversion fees apply in certain situations, for example, when a trader’s deposit currency differs from their trading account currency. Commissions are charged in US dollars, meaning currency conversion applies to non-USD accounts. The applicable conversion rate depends on the deposit method and account type. To minimize these costs, traders should consider trading in their account’s base currency whenever possible.

Overall on Fees

Blueberry Markets fares excellently in terms of both trading and non-trading fees. The broker offers competitive spreads and commissions, and no additional mark-ups are applied to overnight financing charges beyond the standard swap rates. With regard to non-trading expenses, such as deposit, withdrawal, or inactivity fees, Blueberry Markets does not charge any, helping traders keep overall costs to a minimum.

Desktop Trading Platforms

Blueberry Markets supports several third-party trading platforms alongside its proprietary trading software. MetaTrader 4 and MetaTrader 5 are both available, as well as WebTrader, enabling customers to trade conveniently directly from their browser. The broker also supports TradingView for advanced charting and cTrader for more sophisticated forex and CFD trading tools. In addition, Blueberry Markets’ proprietary platform, Blueberry X, is designed for a streamlined trading experience, while Blueberry Social enables traders to follow and copy the strategies of top-performing traders.

MetaTrader 4

MetaTrader 4 remains popular with algorithmic traders thanks to its lightweight footprint and enormous ecosystem of third-party Expert Advisors. With Blueberry Markets, traders can register for a live or demo account and start trading with MT4. Those lacking experience can use the broker’s guides and tutorials to learn more about the platform’s features.

Benefits and features

• Four types of pending orders
• Nine standard timeframes
• 30 built-in technical indicators
• 24 analytical objects
• Automated trading with Expert Advisors (EAs)

MetaTrader 5

MetaTrader 5 (MT5) significantly builds upon the successful MetaTrader 4 (MT4) foundation, offering a more powerful architecture and expanded functionality suitable for both algorithmic and discretionary traders. While the predecessor MT4 was primarily focused on the forex market, MT5 is a true multi-asset platform, catering to traders who wish to diversify into various markets beyond forex, including stocks, share CFDs, cryptocurrencies, and commodities.

The platform facilitates this diversification through support for faster order execution, a more advanced strategy-testing environment, and an enhanced Depth-of-Market display that provides greater transparency into available liquidity with multiple price levels. Blueberry Markets enables traders to explore MT5’s functionalities risk-free by providing a demo account access.

Benefits and features

• Six types of pending orders
• 21 timeframes
• 38 built-in technical indicators
• 44 analytical objects
• Integrated economic calendar
• Multi-threaded strategy tester with support for multi-currency EAs

MetaTrader WebTrader

Bluevberry’s WebTrader platform provides traders with direct access to MetaTrader 4 or 5 features through any internet browser, completely removing the need to download or install software. This web-based solution is compatible across various operating systems, including Windows, Mac, and Linux, requiring only a stable internet connection. It ensures traders can manage positions, analyze markets, and execute trades in real-time with superior speed and convenience.

Benefits and features

• Access the full feature set of MT4 and MT5 remotely, without requiring software installation
• Users stay ahead of market movements with current data and rapid execution capabilities
• One-click trading
• Broad browser support
• Cross-platform compatibility

TradingView

Blueberry Markets offers seamless integration with the TradingView platform, allowing traders to utilize its supercharged charting and analytical tools directly with their brokerage account. This connection gives users access to over 20 professional chart types, 110+ drawing tools, and 400+ built-in indicators, all highly customizable for in-depth technical analysis.

Traders can execute trades directly on the TradingView chart, which synchronizes instantly with their Blueberry X or dedicated TradingView account for real-time order management. Furthermore, the platform offers powerful analysis tools, including market screeners and the ability to create custom strategies using Pine Script™.

Benefits and features

• 20+ professional chart types
• 110+ drawing tools
• Market screeners with 100+ criteria
• 400+ built-in indicators
• Ability to link several tabs with the same symbols

cTrader

Blueberry Markets offers the cTrader platform, a professional-grade solution designed for advanced forex and CFD trading, which features a clean interface and robust execution capabilities. The platform provides comprehensive charting tools with advanced bar types like Renko and Tick bars, allowing for detailed technical analysis and customization of layouts and themes.

CTrader is highly valued for its integrated copy trading function, enabling users to mirror the strategies of experienced traders in a social trading environment. Furthermore, the platform includes real-time economic news and an integrated calendar to help traders stay informed about key market events.

Benefits and features

• cTrader includes Renko, Range, and Tick bars with comprehensive tools and customizable layouts.
• Integrated social trading feature
• Integrated economic calendar and live news feeds
• Adjust chart layouts, color themes, and custom indicators for a personalized experience
• CTrader supports cTrader Automate (cBots) for algorithmic execution and custom strategy development.

Blueberry X

Blueberry Markets’ proprietary trading platform, Blueberry X, is yet another powerful trading platform supported by the broker. It offers both live and demo trading on secure Standard and Direct accounts, letting users analyse markets, execute trades, and manage positions with flexibility. Blueberry X features an easy-to-use interface with powerful search functions and tracker widgets, such as Sessions and User Management, to streamline the trading experience.

Benefits and features

• Ability to set up a Blueberry X demo account
• Standard and Direct account options
• Great customization options
• Seamless fund transfers
• One-click trading

Blueberry Social

Blueberry Social is a copy-trading service that lets users mirror the strategies of top-performing traders with a single click, suitable for both beginners and experienced traders. To start using Blueberry Social, traders need to navigate to https://portal.blueberry-social.com/ and log in using their MT4 or MT5 login details. They will be prompted to browse through the profiles of experienced traders and examine their performance metrics. Once they pick an expert, they can replicate their strategies with the help of automatic real-time copying. Blueberry Social supports multi-asset trading across forex, commodities, stocks, indices, and cryptocurrencies, and offers 24/7 customer support.

Benefits and features

• Automatic, real-time copying of expert traders’ strategies
• Manage and customize copied trades with ease
• A wide range of financial instruments is available from one unified platform.
• 24/7 customer support

Mobile Trading Platforms

Blueberry Markets relies on the official MetaTrader 4 and MetaTrader 5 mobile apps for both Android and iOS. These apps are developed by MetaQuotes, not by the broker, which means Blueberry’s influence on feature rollout is limited. Functionally, traders receive full account management: opening/closing positions, modifying orders, charting with 30 technical indicators, push notifications, and secure OTP (one-time password) integration. Synchronisation of watchlists across desktop and mobile is seamless via the MetaQuotes ID.

Traders can also opt for the mobile versions of the TradingView and cTrader platforms, available for devices running on Android and iOS via Google Play and the App Store. The TradingView mobile app focuses on advanced charting and market analysis, offering hundreds of built-in indicators, drawing tools, multiple chart types, real-time price alerts, and seamless synchronisation of layouts, watchlists, and alerts across devices. The cTrader mobile app is more execution-centric, providing fast order placement, advanced order types (including market, limit, stop, and trailing stops), detachable charts, depth-of-market (Level II) views, and integrated trade statistics, allowing traders to monitor performance and manage positions efficiently while on the move.

The table below provides more information about Blueberry Markets’ proprietary mobile app, Blueberry X, available for download from Google Play and the App Store.

Trading Instruments

Blueberry Markets supports over 2,000 financial instruments across five main asset classes, including forex, share CFDs, crypto CFDs, commodities and metals, and indices. The broker provides detailed product lists for the supported asset classes under its Help Center section. While this product list is extensive enough, Blueberry Markets states that it is not exhaustive. Traders can refer to the Market Watch in MT4 and MT5 and other trading platforms to have a look at the most updated list of instruments.

Starting with forex, clients have access to 65 major, minor, and exotic currency pairs. The extensive Commodity offering features a total of 23 instruments, including key energy contracts like Spot Brent Crude Oil, Spot WTI Crude Oil, and Natural Gas. Precious metals, such as Gold and Silver, are tradable against several major currencies, while a diverse selection of other metals (including Palladium, Platinum, Aluminium, Copper, Lead, Nickel, and Zinc) are primarily paired with the US dollar. This selection is further enhanced by soft commodities like Coffee, Cotton, Cocoa, and Sugar, all traded against the US dollar.

For digital assets, the broker offers an above-average portfolio comprising 60 cryptocurrencies traded against the US dollar. Traders can also access 18 global indices, covering popular benchmarks such as the AU200, GER40, NAS100, SP500, and UK100. Finally, Share CFDs, available exclusively through the MT5 platform, grant access to major international exchanges, including the NASDAQ, NYSE, LSE (London), FWB (Frankfurt), ENX (Paris), and BME (Madrid).

Leverage parameters vary by regulatory entity. Under ASIC, leverage aligns to 1:30 on major FX pairs, 1:20 on minors, major indices, and gold, 1:10 on commodities other than gold, 1:5 on individual equities, and 1:2 on crypto. Clients registered under the Mauritius and VFSC entities can trade with leverage of up to 1:500 on forex and metals, 1:200 on major indices, 1:100 on energies, 1:5 on share CFDs, and 1:10 on crypto for MT4 and 1:20 for MT5. Contract sizes on FX are standard 100,000 units, and micro-lot trading (0.01 lots) is permitted on all pairs.

Forex

Currency trading remains the broker’s flagship offering, with 65 major, minor, and exotic pairs available for trading. All major and minor pairs are available, with margin requirements tiered so that majors receive the best rates. Exotics such as USD/MXN and USD/ZAR are present but carry wider spreads and lower maximum leverage, reflecting their off-exchange liquidity constraints.

Maximum leverage varies by regulatory jurisdiction for forex trading. Under ASIC regulation (Australia), retail traders are capped at 1:30 leverage on major forex pairs. Clients trading under Mauritius (FSC) and Vanuatu (VFSC) entities can typically access higher forex leverage, often up to 1:500, reflecting the looser regulatory frameworks in these offshore jurisdictions.

CFD Shares

With Blueberry Markets, traders have access to the world’s most popular shares through CFDs. The Product List includes more than 1,800 share CFDs across major international exchanges, including NASDAQ and NYSE (New York), London Stock Exchange (London), FWB, Frankfurt Stock Exchange (Frankfurt), Euronext (Paris), and BME, Bolsas y Mercados Españoles (Madrid).

The broker offers tight spreads, leverage caps that align with regulators’ guidelines, and a seamless trading experience. A maximum leverage of 1:5 applies to share CFDs across all of the broker’s entities. For US share CFDs, spreads start from 0.5 pips, with a commission of $2 per side, per trade.

Cryptocurrencies

More than 60 crypto pairs are offered against the US dollar, including BTC/USD, as well as many altcoins, such as ETH/USD, ADA/USD, and DOGE/USD. Spreads are competitive for a CFD environment, starting from 0.5 pips for certain crypto pairs and $0 commission across all accounts.

Leverage on crypto CFDs is sensibly dialled down to a maximum of 1:2 for retail Australian clients, mirroring industry caution around volatility. Clients registered under the VFSC and Mauritius entities can use leverage of up to 1:10 for MT4 and 1:20 for MT5. Trading is available 24/7.

Commodities and Metals

Energy contracts for Spot Brent Crude Oil, Spot WTI Crude Oil, and Natural Gas are available. Silver can be traded against AUD, EUR, SGD, and USD, whereas gold can be traded against AUD, CNH, EUR, GBP, SGD, THB, and USD. XAU/USD spreads start from 0.5 pips plus a $3.5 commission per side on the Direct account. The spreads for other commodities also start from 0.5 pips with no commission. Agricultural commodities comprise coffee, cocoa, cotton, and sugar, all traded in pairs against the US dollar.

ASIC leverage is limited to 1:20 on gold and 1:10 on other commodities. Offshore leverage reaches 1:500 on gold and other metals, and 1:100 on energies.

Indices

The broker lists 18 index CFDs covering North America, Europe, and Asia-Pacific. Some popular instruments in this asset class include AU200, FR40, GER40, JP 225, NAS100, UK100, and SP500, among others. Minimum spreads start from 0.5 pips, with no added commissions across all account types.

Leverage is capped at 1:200 under offshore entities and 1:10 under ASIC. These cash-settled CFDs reflect daily adjustments for dividends applied to the underlying index components. Trading for most major indices is available virtually 24/5, allowing traders to capitalize on global market movements across different time zones.

What You Cannot Trade

• Exchange-traded funds (ETFs)
• Listed options or futures
• Physical equities
• Bonds or interest-rate futures
• Spread-betting contracts (UK specific)

Those omissions are unlikely to bother forex traders, but matter if you are looking for a single platform to run multi-asset, long-term portfolios.

Trade Execution

Blueberry Markets describes its execution model as “no-dealing-desk ECN”, meaning client orders are routed to a pool of liquidity providers. While not expressly naming counterparties, the broker references “tier-one banks and non-bank liquidity generators”.

Blueberry Markets offers a high-performance Forex VPS designed to minimize latency by strategically positioning servers near their main trading hubs, allowing for trade executions in just 1-3 milliseconds. This service ensures 24/7 operational continuity, enabling automated trading strategies to run uninterrupted without the risk of local hardware failure or internet downtime. Traders can even access this premium VPS for free by maintaining a minimum deposit of $100 and trading at least 15 lots per month.

Blueberry Markets operates under different regulatory frameworks depending on the entity. While the initial step is to contact the 24/7 support team, formal escalation procedures and resolution timelines vary by jurisdiction. Traders can review each entity’s Complaints Handling Policy on the broker’s website, which details acknowledgement and resolution timelines as well as the relevant external escalation bodies if issues remain unresolved. Across all entities, the recommended steps include contacting support via live chat or email and providing your name, account number, a clear description of the issue, and the desired resolution.

Deposit Methods

Blueberry Markets accepts deposits in eight base currencies: AUD, USD, EUR, GBP, CAD, NZD, SGD, and CHF. Choosing the same base currency as your funding currency avoids the small conversion fee levied by card networks or e-wallet providers. All deposits credit the trading account in real time once the payment clears the broker’s account, and you can hold multiple sub-accounts in different currencies at no extra cost.

Payment methods include Visa/Mastercard, bank wire, Skrill, Google Pay, and a selection of cryptocurrencies. Local payment methods vary by jurisdiction. Minimum deposit is universally $100 or currency equivalent, with certain variances across different payment processors. The broker does not charge any internal deposit fee, although international wires can carry intermediary bank fees outside Blueberry’s control.

The table below provides information on some of Blueberry Markets’ supported methods, their processing time, fees, and limits

Withdrawal Methods

Withdrawal requests are placed from within the secure client portal, usually back to the original funding source in line with anti-money-laundering rules. Blueberry Markets processes all requests within 24-48 business hours. Requests submitted before 4:00 PM AEST/AEDT are typically processed on the same day, while those submitted over the weekend are handled on the following Monday or the next business day. No internal withdrawal fees apply, although card issuers sometimes categorise refunds as “cash-advance” and levy a modest handling charge, something outside the broker’s control.

Blueberry Markets supports several withdrawal methods, including bank cards, crypto, bank wires, Skrill, Neteller, and various regional options. For cards, refunds cannot exceed the total amount originally deposited via that card. Profits must flow by bank wire or e-wallet. Skrill and Neteller withdrawals arrive within hours after the broker releases the funds, whereas international wires can take two to five business days. Minimum withdrawal is $50 for bank wires, though the broker recommends at least $100 due to international wire fees of approximately $25. There is no specific minimum for eWallets mentioned in the broker’s standard withdrawal methods.

Customer Support Contacts

Blueberry Markets offers 24/7 customer support, accessible via live chat, phone, and email. You can get in touch with the team through any of the following channels:

1. The live chat feature, accessible from every page of the website, connected us to a chatbot in under 30 seconds. Platform-specific and policy-specific questions were answered accurately, and more complex spread-calculation queries were escalated to the trading-desk team within minutes.
2. Telephone support is offered via two lines: +61 2 7908 3946 or +61 2 8039 7480. The telephone support agents are available Monday to Friday, 8 a.m. to 5 p.m.
3. Traders can reach out to the broker’s friendly team via email, at support@blueberrymarkets.com, with queries typically answered within several hours.
4. The help-centre knowledge base provides much-needed guidance, helping traders make the most of their Blueberry trading experience. There are several sections, providing extensive information on several categories, including general queries, account opening, platforms, client portal, payments, and fees, among others.

Research and Educational Materials

Blueberry Markets offers help and education articles under its ‘Knowledge Hub’ section. These are organized into several subcategories, including:

• Market Analysys
• Academy
• Video Tutorials
• Trade with MetaTrader

Research

The ‘Market news and analysis’ includes articles covering various financial instruments, daily forex analysis, Economic Indicator, and more. The ‘Week Ahead’ subsection provides forex analysis for traders to stay updated on the market developments.

Education

Traders can elevate their skills with Blueberry Academy, offering various articles across three levels: advanced, expert, and intermediate. The ‘Video Guides’ subsection provides materials to beginner, intermediate, and advanced traders, as well as platform tutorials. The ‘Trade with MetaTrader’ offers download links and several frequently asked questions related to the popular third-party platforms.

Security and Money Guarantees

Client funds belonging to Australian residents are held in segregated trust accounts at tier-one deposit-taking institutions, fully separated from the broker’s operating capital. According to ASIC’s Client Money Reporting Rules 2017, clients’ funds are combined into one account. ASIC-regulated entities must reconcile client money daily and monthly, with written records of the monthly reconciliations being sent to ASIC.

International clients’ money is also kept separate from corporate funds but under lighter reporting requirements. There is no statutory investor-compensation scheme akin to the UK’s FSCS or Cyprus’s ICF. Negative balance protection is provided under the ASIC entity. The Product Disclosure Statement clearly states that the broker will provide NBP for retail clients. This means that Blueberry limits customers’ maximum losses up to the value of their trading account equity. However, under the ‘Client Agreement’ documents associated with the Vanuatu and FSc entities, there is no explicit mention of NBP.

On the technical front, the client portal uses RSA digital signatures and encrypts all data, IP addresses included.

Conclusion

Blueberry Markets is a reputable broker known for tight spreads, fast execution, and excellent live human assistance. Its tier-1 Australian licence offers genuine peace of mind to domestic clients, while the offshore entity unlocks higher leverage for those comfortable with reduced regulatory backup.

Strengths lie in consistently competitive pricing on the Direct account, rapid same-day withdrawals, and a genuinely responsive support team. Weaknesses include a lighter educational library and lower levels of statutory protection for offshore clients.

For active traders operating within the MetaTrader ecosystem, the combination of raw spreads, free VPS, and personable service makes Blueberry Markets a compelling option to shortlist.

Written by R. Perry