Blueberry Markets Spreads, Fees, and Commissions

Written by Emmanuel Ifeanyi

Emmanuel Ifeanyi

Emmanuel Ifeanyi Ekwomadu is a financial content writer specialised in Forex, Stock and Crypto trading. He is the person behind most of the brokers reviews that you will find on BestBrokers.com

, | Updated: December 19, 2025

Launched in 2016, Blueberry Markets has rapidly established itself as a trusted partner for thousands of traders globally. The broker offers a comprehensive portfolio of over 2,000 financial instruments, all tradable via Contracts for Difference (CFDs), spanning key asset classes such as forex, shares, cryptocurrencies, commodities, metals, and indices.

Before proceeding with a live account, traders are strongly advised to thoroughly familiarize themselves with the supported account types and all associated trading and non-trading expenses. This review will examine the broker’s two main retail account types in detail, along with an analysis of all related costs, including spreads, commissions, overnight funding charges (swap rates), administrative fees, funding/withdrawal costs, account maintenance charges, and Virtual Private Server (VPS) fees.

Blueberry Markets Trading Costs

Blueberry Markets offers two main retail account types, the Standard and Raw (Direct) accounts, both featuring transparent pricing. The Standard account is designed for traders who prefer an all-inclusive, commission-free model with costs built into a wider spread. Conversely, the Raw account is tailored for high-volume traders who benefit from tighter, raw spreads (starting from 0.0 pips) combined with a fixed commission per lot. Beyond these foundational options, the broker offers a Swap-Free (Islamic) account to ensure compliance with Sharia law, the fees for which will be analyzed in detail.

Furthermore, the company maintains two tiers of Premium accounts, which are specifically structured to cater to the advanced trading needs and volumes of experienced clients. For all clients, a risk-free demo account is available for practicing strategies and familiarizing oneself with the platforms.

Blueberry Markets Standard Accounts Forex Trading Costs

Our cost analysis begins with the key trading conditions of Blueberry Markets’ Standard account. As mentioned above, this account utilizes a commission-free model where all trading costs are integrated into the spread. It features a minimum deposit threshold of $100 and a minimum trade size of 0.01 lot. Please note that while the values below reflect market conditions at the time of writing, live spreads are subject to fluctuation.

To illustrate these costs, consider a trade on the highly liquid EUR/USD pair with a typical spread of 1.0 pip. For a standard lot (100,000 base currency units), where one pip is valued at $10, a one-way trade incurs a cost of $10.00, totaling $20.00 for a full round-trip. For traders utilizing micro lots, a minimum order of 0.01 lot (1,000 base currency units) results in a pip value of $0.10. Consequently, a $1.0 pip spread equates to a cost of $0.10 per side, or $0.20 for a complete round-trip trade.

*For simplicity purposes, average costs were calculated for $100,000 and $1,000 trades without leverage. All spread costs are listed in US dollars and reflect your expenses upon opening a position (i.e., a single direction of a trade).

Blueberry Markets Raw Account Forex Trading Costs

The Raw account shares several specifications with the Standard account, including a minimum deposit requirement of $100 and a minimum trade size of 0.01 lot. However, the primary distinction lies in its pricing structure: while spreads for major forex pairs can drop as low as 0.0 pips, traders are charged a commission of $3.50 per side ($7.00 round-trip). It is important to note that these ultra-low spreads primarily apply to forex and gold, whereas all other asset classes carry the same spreads as the Standard account.

To calculate the total cost for an equivalent EUR/USD trade on a Raw account, we must combine the spread and the commission. For a standard lot (100,000 base currency units), a 0.0 pip spread results in zero spread-related costs. When the $7.00 round-trip commission is added, the total trading cost is $7.00. This represents a significant saving compared to the $20.00 total cost on the Standard account for the same volume.

Micro-lot trading follows a proportional cost structure. For a minimum order of 0.01 lot, the round-trip commission is reduced to just $0.07. Assuming a 0.0 pip spread remains constant, the total cost for a complete round-trip trade on a micro lot is $0.07, maintaining the cost-efficiency of the Raw account for smaller position sizes.

*The second value corresponds to the commission charged per micro lot each way. The cost per lot includes the combined spread and commission expenses.

Based on the calculations above, the total costs for one standard lot of EUR/USD are summarized as follows: $20.00 for the Standard account and $7.00 for the Raw account. Despite the fixed $3.50 commission charged each way, the Raw account remains substantially more cost-effective. By eliminating the spread markup found in the Standard account, traders can reduce their total execution costs by approximately 65% (for the EUR/USD pair), making the Raw account the superior choice for high-volume or high-frequency trading strategies.

Blueberry Markets Overnight Funding Costs

Forex swap rates, also known as overnight financing or rollover fees, represent the interest earned or paid for holding a trading position open beyond the trading day’s close. These rates are derived from the interest rate differential between the two currencies in a pair. Depending on whether you are long or short and the specific interest rates involved, the swap can result in either a credit to your account (positive swap) or a debit (negative swap).

Blueberry Markets calculates these fees based on standard contract sizes of 100,000 units. For example, a long position in EUR/USD carries a swap rate of -8.4668 points, while a short position earns 3.02 points. Because one point for EUR/USD equals $1.00 for a standard lot, a long position costs $8.47 per night and a short position earns $3.02 per night.

A critical factor in swap management is the triple swap on Wednesdays. Since the market is closed over the weekend but interest still accrues, brokers apply triple the standard rate on Wednesday nights to cover the upcoming Saturday and Sunday. This significantly increases the overnight cost or credit. For instance, a long EUR/USD position would see a $25.41 deduction, while a short position would receive a triple credit of $9.06.

*Swap rates are indicative and subject to change.

Swap-Free Trading Costs at Blueberry Markets

Beyond its Standard and Raw accounts, Blueberry Markets offers Islamic accounts, also known as swap-free accounts. They are designed to answer the trading needs of traders of Islamic faith, which prohibits the payment or receipt of interest. The broker provides a comprehensive list of countries where Sharia-compliant accounts are available. This list includes 30 countries, and traders can refer to it by navigating to the Help Center.

If traders are from a non-eligible country, they can still open a swap-free account, as long as they provide a Proof of Faith document. While Islamic accounts do not accrue interest swaps, there are associated administrative charges for maintaining swap-free positions. These charges are applied to cover the costs of holding positions overnight without interest and are outlined in the table below. The fees are per standard lot traded, and the amounts are in USD.

It is important to note that these administrative fees apply immediately to any positions held overnight. Unlike some brokers that may offer a grace period for a specific number of days, Blueberry Markets applies these charges from the first night a position is rolled over. These fees are designed to cover the costs of holding positions without interest and are detailed in the broker’s fee schedule.

Blueberry Markets Non-Trading Costs

Non-trading fees at Blueberry Markets are reduced to a minimum. This section covers all non-trading costs, which include deposit and withdrawal fees, account opening fees, inactivity fees, and VPS Hosting fees. There are no account opening fees, which aligns with the industry standard.

Deposit and Withdrawal Fees

The broker charges no internal fees on deposits and withdrawals. Third-party processors, however, may charge their own fees, which are out of the broker’s control. International bank wires, for example, incur a fee of approximately $25, imposed by banking institutions.

VPS Hosting Fees

For traders requiring low-latency execution and 24/7 connectivity for automated strategies, Blueberry Markets offers a specialized forex VPS service. While the service typically carries a monthly fee, it is provided free of charge to clients who meet a minimum monthly trading volume of 15 standard lots. This VPS environment ensures that Expert Advisors (EAs) remain active even when the trader’s personal computer is powered off, significantly reducing the risk of downtime during critical market movements.

If this trading requirement is not met, a $20.00 monthly fee applies. This charge is pro-rated based on the actual number of lots traded and the remaining days in the month. Additionally, traders must maintain an initial account balance of at least $100.

Inactivity Fees

Blueberry Markets has a clear and straightforward policy on inactive accounts. If an account has been inactive for a period of more than 90 consecutive days and has a balance of less than $100, the broker archives the said account. Importantly, no inactivity fees are charged on these accounts.

Closing Thoughts on Blueberry Markets Fees

By providing two distinct retail account structures, the commission-free Standard and the spread-optimized Raw account, Blueberry Markets caters effectively to both novice and high-frequency traders. Transparency remains a key strength, evidenced by clear disclosure of swap rates, administrative fees for Islamic accounts, and pro-rated VPS costs. With competitive pricing, no hidden inactivity fees, and a low $100 entry threshold, Blueberry Markets delivers a cost-efficient and accessible environment for traders navigating contemporary financial markets.

Written by E. Ifeanyi