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Blueberry Markets Review
Overall rating
4.0/5
Minimum deposit
$100
EUR/USD spread
From 0.0 pips (Raw, + commission) / from 1.0 pips (Standard)
Use this review to validate safety, fees, platform fit, and where this broker falls short.
Written by
BrokerAnalysis Research Desk
Fact Checked by
BrokerAnalysis Editorial Team
Updated
Jul 18, 2026
Is Blueberry Markets a good broker?
Sources & References
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
Should you choose Blueberry Markets?
Use this short answer before you dive into the full review.
Best for
No dealing-desk ECN model
Not ideal for
Self-excludes Indonesia, Malaysia, New Zealand and Japan
Top alternatives to compare
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Trust Score: 80/100
Based on regulatory status, company history, and financial transparency
Blueberry Markets Score Breakdown
- ASIC-Regulated AU Entity
- Raw Spreads from 0.0 Pips
- No Restrictions on Scalping/EAs
- MT4 & MT5 Only
Founded
2015
Headquarters
Adelaide, Australia
Why choose Blueberry Markets
Blueberry Markets is an Australian ECN/Raw-spread forex and CFD broker built around MetaTrader 4/5, popular with scalpers and algorithmic traders because it places no restrictions on trading style. Australian retail clients are served by the ASIC-regulated entity; international clients are onboarded through an offshore entity with different leverage and protection terms. Blueberry self-excludes Indonesia, Malaysia, New Zealand, and Japan — it will not onboard clients from those markets regardless of interest.
Pros
- ASIC-regulated for Australian clients
- Genuinely low raw spreads
- No trading-style restrictions (scalping, hedging, EAs all allowed)
Cons
- Self-excludes Indonesia, Malaysia, New Zealand and Japan
- No proprietary platform or TradingView integration
- International clients trade under a separate offshore entity with weaker protections than the ASIC entity
Blueberry Markets
Fast decision summary
Min Deposit: | $100 |
Regulated: | Yes |
Inactivity Fee:
No inactivity fee reported on dormant accounts.
See how the best brokers compare to Blueberry Markets
Blueberry's Raw account is commission-based with spreads from 0.0 pips; the Standard account is commission-free with spreads built in. Both are competitive for an ECN-style broker, but always confirm the current commission schedule and non-trading fees on Blueberry's own site before funding, since these are the figures most likely to change year to year.
| Instrument | Standard | Raw/Pro |
|---|---|---|
| EUR/USD | 1.0 pips | 0.0 pips + commission |
| GBP/USD | 1.3 pips | 0.2 pips + commission |
| Gold (XAU/USD) | 0.35 | 0.15 + commission |
Deposit
Free
Withdrawal
Free (bank/processor fees may apply)
Non-trading fees
Deposit fee
None
Withdrawal fee
None (intermediary bank/processor fees may apply)
Inactivity fee
No inactivity fee reported on dormant accounts.
Fees and conditions last verified: July 2026.
Fees may vary depending on account type and jurisdiction. We aim to keep this data updated regularly.
Australian retail clients are protected by ASIC's regulatory framework, including negative balance protection. International clients are onboarded via Blueberry's offshore entity, which does not carry the same statutory investor protections as the ASIC entity — this is disclosed here explicitly because it is the single most important distinction for a non-Australian reader deciding whether to open an account.
Regulatory Status
| Regulator | Country | Tier |
|---|---|---|
| ASIC | Australia | 1 |
Safety Features
| Segregated Accounts | Yes |
| Negative Balance Protection | Yes |
| Investor Protection | Negative balance protection for the ASIC-regulated entity; international (offshore-entity) clients should confirm their specific protections before depositing. |
Compare Blueberry Markets with top alternatives
Use the side-by-side comparison tool once you have checked fees and safety.
Blueberry supports standard funding methods including bank transfer, cards, and common e-wallets. Processing is typically fast for card and e-wallet methods; bank wire is slower, as is standard across the industry.
Deposit Options
| Method | Processing Time | Fee | Min. Deposit |
|---|---|---|---|
| Credit/Debit Card | Instant | Free | $100 |
| Bank Transfer | 1-3 Days | Free | $100 |
| E-wallets | Instant | Free | $100 |
Withdrawal Options
| Method | Processing Time | Fee | Min. Withdrawal |
|---|---|---|---|
| Same as deposit method | 1-2 Business Days | Free | $0 |
Base Currencies
USD, AUD, GBP, EUR
Account opening is digital, with Standard and Raw (ECN) account types available on both MT4 and MT5. Islamic swap-free accounts are available on request.
Account Types
| Account Type | Min. Deposit | Key Features |
|---|---|---|
| Standard | $100 |
|
| Raw (ECN) | $100 |
|
Verification Steps
- Time to open: Same day (subject to verification)
- Demo Account: Yes
- Islamic Account: Yes
Blueberry relies on the standard MetaTrader 4 and MetaTrader 5 mobile apps rather than a proprietary app — functional and familiar to anyone who has used MetaTrader elsewhere, but without any Blueberry-specific mobile features.
App Features
- Full MT4/MT5 order types
- Price alerts
- Chart trading
MetaTrader 4 and MetaTrader 5 only — no cTrader, no TradingView integration, and no proprietary desktop platform. This is a deliberate simplicity choice, not an oversight, but it does mean traders who want cTrader-style DOM or TradingView charting need to look elsewhere.
Supported Platforms
- MetaTrader 4: The most widely supported EA/indicator ecosystem in the industry.
- MetaTrader 5: Newer MetaTrader generation with more timeframes and a built-in economic calendar.
Compare platform providers:
Blueberry's product range is forex-and-CFD focused, with a smaller but usable spread of indices, commodities, and crypto CFDs alongside its core currency-pair offering.
Available Instruments
| Forex Pairs | 50 |
| Indices | 10 |
| Stocks | 0 |
| Commodities | 10 |
| Cryptos | 15 |
Leverage Limits
| Instrument | Max Leverage |
|---|---|
| Forex | Up to 1:500 (offshore entity) / 1:30 (ASIC retail) |
| Indices | Varies by entity |
| Crypto | Lower leverage, confirm current limits |
Got Questions?
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Frequently Asked Questions
Review Team
Why Traders Shortlist Blueberry Markets
Key points from our latest editorial review and testing process.
- ASIC-Regulated AU Entity
- Raw Spreads from 0.0 Pips
- No Restrictions on Scalping/EAs
- MT4 & MT5 Only
Compare Blueberry Markets before you commit
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Compare AlternativesWhy this review is trustworthy
- Freshness dates and fact-checking are shown on the page.
- Broker scoring follows our public methodology and disclosure standards.
- Country-specific differences still matter, so compare the exact entity before you deposit.
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Our Verdict
Blueberry Markets is recommended for No dealing-desk ECN model
Use this final check alongside the fee, safety, platform, and funding sections above. If Blueberry Markets still fits your country, account size, and risk tolerance, open the account through the tracked broker route below.
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Risk Warning: Forex/CFD trading involves significant risk. 68-80% of retail accounts lose money.|Affiliate Disclosure: We may earn commissions from listed partners.|Not Advice: For educational purposes only.
Broker terms can differ by region and entity, but this review shows the most recent figures captured in our research workflow.Methodology |Editorial Policy |Data Sources |Full Disclaimer