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Score
Australia
Regulated in Australia
Market Maker (MM)
MT4 Full License
Regional Brokers
High potential risk
Benchmark
Influence
Add brokers
Comparison
Quantity 6
Exposure
Score
Regulatory Index8.47
Business Index7.77
Risk Management Index0.00
Software Index9.99
License Index8.47
Single Core
1G
40G
Danger
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Company Name
BLUEBERRY MARKETS PTY LTD
Company Abbreviation
Blueberry Markets
Platform registered country and region
Australia
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
All the investment cannot be withdrawn when I need it.
I have been a victim of a scam broker with the name: BlueberryMarkets. When I had wanted to open an account, I spoke to an employee on their live chat and was explicitly told they were an ECN broker when I asked about it. Screenshot of the chat transcript is attached below.
Here's a cryptocurrency scam going around right now. They'll befriend you through social media and direct you here to make profit via day trading. As soon as you deposit the money is gone for good. They claim to be a trader of bluberry market
This company closed my account without unconditional notice. They're not fair, 5006940 5016017 5006979 they literally confiscated the $8000 I had in my trading accounts like a mafia. Stay away from these mafias.
this is a scam broker which manipulate the prices and when i tried to withdraw the funds from my account they prolonged processing and after a week i'm still waiting to get back my withdrawn amount.
They use a combination of tactics to ensure your money is gone (even when you’re profiting one way they will find a way to minimise or spike your stop loss). Their best used manipulation method is the games they play with their spreads and the way they increase those spreads as they please (reaches over 350 pips at one point). They will do price hikes that are not seen in any chart and suddenly your money is gone without a trace.
Blueberry MarketsReview Summary | |
Founded | 2015 |
Registered Country/Region | Australia |
Regulation | Regulated |
Market Instruments | Forex, CFD shares, crypto CFDs, commodities, metals, indices |
Demo Account | ✅ |
Leverage | Up to 1:500 |
Spread | From 1.0 pips (STANDARD) |
Trading Platform | MT4/MT5/web |
Min Deposit | $100 |
Customer Support | Live chat |
Contact form | |
24/7 customer support | |
Youtube, facebook, X, instagram, linkedin | |
Tel: +61 2 7908 3946 | |
Tel: +61 2 8039 7480 | |
Email: customer-care@blueberrymarkets.com | |
Regional Restrictions | US, Japan, Central African Republic, North Korea, Congo, Zaire, Indonesia, Iran, Iraq, Libya, Mali, Myanmar, Saipan, Somalia, South Sudan, Syria, Yemen, Ontario, and Russian Federation clients are not allowed |
Blueberry Markets is a regulated broker, offering trading on forex, CFD shares, crypto CFDs, commodities, metals and indices with leverage up to 1:500 and spread from 0.1 pips on MT4/MT5 and web-based trading platform. The minimum deposit requirement is $100.
Pros | Cons |
Tight spreads | US clients are not allowed |
Free $100,000 demo money | High minimum deposit requirement ($100) |
MT4/MT5 platform |
Yes. Blueberry Markets is regulated by ASIC to offer services.
Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
![]() | Australia Securities & Investment Commission | Regulated | BLUEBERRY AUSTRALIA PTY LTD | Market Maker (MM) | 000535887 |
![]() | Australia Securities & Investment Commission | Regulated | BLUEBERRY PRIME PARTNERS PTY LTD | Straight Through Processing (STP) | 000364411 |
![]() | Australia Securities & Investment Commission | Regulated | BLUEBERRY MARKETS PTY LTD | Appointed Representative(AR) | 001245440 |
Tradable Instruments | Supported |
Forex | ✔ |
CFD shares | ✔ |
Commodities | ✔ |
Indices | ✔ |
Crypto CFDs | ✔ |
Metals | ✔ |
ETFs | ❌ |
Bonds | ❌ |
Stocks | ❌ |
Here are two account types Blueberry Markets offers:
Account Type | Min Deposit |
Standard | $100 |
Raw | $100 |
Demo | ✅ |
The broker offers max leverage at 1:500. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.
Trading Fees
Account Type | Commissions |
Standard | $0 |
Raw | $7 |
Blueberry Markets Spreads
Account Type | Spreads |
Standard | From 1.0 pips |
Raw | From 0.0 pips |
Non-Trading Fees
The broker does not charge any fees for forex or CFD products apart from swaps, swap-free administration fees, and access fees for ASX200 (available upon request).
Clients who want to trade the ASX200 would have to pay AUD $28 per month, in addition to a 0.1% commission of the notional value traded.
If a trader's commission exceeds $28 over the course of a month, we will waive the monthly fee.
Swap Rates
Swaps apply to trades held past rollover (23:58 – 00:02 platform time). They are tripled on Wednesdays or Fridays, depending on the instrument.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Desktop, mobile | Beginners |
MT5 | ✔ | Desktop, mobile | Experienced trader |
WebTrader | ✔ | Desktop, mobile | / |
The broker accepts payments via bank transfer, VISA and mastercard. The minimum deposit amount is $100.
No minimum withdrawal amount defined. Withdrawals are processed within 24-48 business hours from the time the request is submitted in the Client Portal.
Blueberry Markets, a forex and contracts for differences (CFDs) broker, has announced the launch of its own prop trading services under the new brand, Blueberry Funded.
Blueberry Markets discontinues Data and Platform Services for prop trading, responding to MetaQuotes' regulatory demands. Shift reflects evolving market dynamics. Read more.
In this article, we will conduct a comprehensive examination of Blueberry Markets, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.
Artificial Intelligence (AI) has become vital in several industries, including trading, due to its ability to process large volumes of data, recognize patterns, and make informed decisions.
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User comment
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CommentsWrite a review