About Blueberry
Overview of Blueberry Markets
Blueberry Markets is an Australian forex and CFD broker founded on 28 November 2018 and headquartered in Sydney, NSW. The broker operates under the legal entity BLUEBERRY MARKETS PTY LTD, with its registered address at Level 17/135 King St, Sydney NSW 2000 Australia.
Blueberry Markets provides trading services in forex, CFD shares, crypto CFDs, commodities, metals, and indices. The broker is known for offering competitive trading conditions and a choice of MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, catering to both novice and experienced traders.
Regulation and Licensing
Blueberry Markets is regulated by the Australian Securities and Investments Commission (ASIC), holding two licenses: a Market Making License (MM) under number 535887 and a Forex Execution License (STP) under number 364411. ASIC is a respected financial regulator known for its strict oversight and investor protection measures.
Traders can verify the broker's regulatory status by checking the ASIC public register. The dual licensing indicates that Blueberry Markets offers both market making and straight-through processing execution models, providing flexibility depending on the account type chosen.
Account Types and Trading Conditions
Blueberry Markets offers two main account types: Raw and Standard. The Raw account features spreads from 0.0 pips with a $7 commission per lot, while the Standard account has spreads from 1.0 pip with no commission. Both accounts require a minimum deposit of $100 and offer maximum leverage up to 1:500.
Traders can access over 300 financial instruments across forex, indices, commodities, metals, and cryptocurrencies. The broker supports both demo and live accounts, allowing traders to test strategies before committing real funds.
Trading Platforms and Tools
Clients can trade using MetaTrader 4 and MetaTrader 5, which are widely recognized for their advanced charting capabilities, automated trading via Expert Advisors (EAs), and user-friendly interfaces. Both platforms are available for desktop, web, and mobile devices.
Blueberry Markets emphasizes fast execution speeds and reliable server performance, which are critical for active traders. The broker also offers additional tools such as economic calendars and market analysis to support trading decisions.
Fees and Spreads
The broker advertises low spreads and competitive fees. For the Raw account, spreads start from 0.0 pips, making it suitable for scalpers and high-volume traders, although a commission of $7 per lot applies. The Standard account offers commission-free trading with spreads from 1.0 pip.
No inactivity or deposit fees are mentioned in the provided data, but traders should review the broker's fee schedule for full transparency. The broker's spreads on gold and major forex pairs are frequently highlighted as particularly low.
Deposits and Withdrawals
Blueberry Markets supports a range of deposit and withdrawal methods, though the exact methods are not fully detailed in the available data. The broker claims to process deposits and withdrawals quickly, with many users reporting instant deposit crediting and fast payouts.
Withdrawals are generally processed within 24-48 hours, though some users report delays during high-volume periods. The broker does not charge internal fees for withdrawals, but third-party fees may apply depending on the method used.
Customer Support and Resources
Blueberry Markets offers customer support via live chat, email, and phone. Support is available 24/5 and is praised for being responsive and knowledgeable. The broker also provides a comprehensive FAQ section and educational resources, including webinars and trading guides.
Negative feedback about support primarily relates to dispute resolution when issues like withdrawal blocks occur. Overall, the broker aims to provide a supportive trading environment with dedicated account managers for certain clients.
Overview compiled by FXCanary from regulatory records and public data. full Blueberry review