Blu Markets
Extracto： Blu Markets is an unregulated broker, offering trading on forex, indices, energy, cryptos and metals with leverage up to 1:500 on TradeLocker trading platform. The minimum deposit requirement is only $10.
| Blu Markets Review Summary | |
| Founded | 2023 |
| Registered Country/Region | United Kingdom |
| Regulation | No regulation |
| Market Instruments | Forex, indices, energy, cryptos, metals |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | / |
| Trading Platform | TradeLocker |
| Minimum Deposit | $10 |
| Customer Support | Live chat, contact form |
Blu Markets Information
Blu Markets is an unregulated broker, offering trading on forex, indices, energy, cryptos and metals with leverage up to 1:500 on TradeLocker trading platform. The minimum deposit requirement is only $10.
Pros and Cons
| Pros | Cons |
| Demo accounts | Inaccessible website |
| Various trading products | No regulation |
| Low minimum deposit | No MT4/MT5 platform |
| Commission fees charged | |
| Limited payment options |
Is Blu Markets Legit?
No. Blu Markets currently has no valid regulations. Please be aware of the risk!
What Can I Trade on Blu Markets?
Blu Markets offers trading on forex, indices, energy, cryptos and metals.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Energy | ✔ |
| Cryptos | ✔ |
| Metals | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Apart from risk-free demo accounts, Blu Markets also offers two live account types, including Standard and Day Trader account.
| Account Type | Minimum Deposit |
| Standard | $10 |
| Day Trader | $25,000 |
Leverage
Blu Markets offers maximum leverage at 1:500 for all account types. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.
Blu Markets Fees
| Account Type | Spread | Commission |
| Standard | Very tight | $8.00 per lot |
| Day Trader | Raw | $0 per lot |
| Demo | Very tight | $8.00 per lot |
Blu Markets says that it offers tight spreads and raw spreads for accounts, but no clear information provided.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| TradeLocker | ✔ | Mobile, pad | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
Blu Markets accepts payments via Bitcoin, Ethereum, Litecoin, Ripple, Dogecoin and Tether. Blu Markets does not charge fees for withdrawals.
Deposit Options
| Deposit Options | Minimum Deposit | Deposit Fees | Deposit Time |
| Bitcoin | $10 | 0% | 1-3 hours |
| Bitcoin via Debit/Credit Card | $10 | 0% | 1-3 hours |
| Cryptocurrencies (USDT/DOGE/ETH/LTC/USD Coin/Ripple) | $10 | 2.5% | 1-3 hours |
Withdrawal Options
| Withdrawal Options | Minimum Withdrawal |
| Bitcoin | $100 |
| USDT | $100 |
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