Blueberry Markets Review

What is Blueberry Markets？

Blueberry Markets is an Australian broker, also a trading name used by a quite popular larger broker EightCap that offers transparent pricing and allows to benefit from industry-leading technology solutions through best liquidity providers.

The broker operates over a decade since 2009 and since then gained a great reputation among traders and industry itself. Blueberry Markets do provide not only tight spreads and light-speed execution but also tailored its solution towards ambitious traders that strive to become good players in a long term game.

Blueberry Markets Pros and Cons

Blueberry markets is a reputable, well-regulated broker with easy account opening, quality trading conditions, ECN trading environment and good education.

On the other hand, Blueberry has limited portfolio for trading instruments.

Awards

Blueberry Markets have also garnered collective recognition from award-giving bodies in the industry:

• Australasian Startup Awards 2018 – Best Bootstrapped Startup nominee

• Finder Innovation Awards 2020 – Best Online Customer Service finalist

Is Blueberry Markets safe or a scam

No, Blueberry markets is not a scam. Blueberry Markets being a trading name used by EightCap respectively regulated by the Australian ASIC, which is also a broker Blueberry Markets, therefore group operates a safe trading environment with low risk Forex and CFD trading.

Is Blueberry Markets legit？

In simple words, ASIC is a license received in Australia thus Blueberry Markets is a fully legit and regulated broker that also means trustable broker, as authority constantly oversees firms activity and trading service they provide, in reverse guaranteeing your safe investment. Australian Securities and Investments Commission (‘ASIC’), is also recognized world authority which regulated Forex and trading industry and is custom oriented regulator.

Therefore, Blueberry Markets and its EightCap company meets the highest standard of governance, financial reporting, and disclosure. All retail client funds are kept separately from business funds in segregated bank accounts while the broker also undertakes additional protection by the professional indemnity insurance policy.

Leverage

One of the great features of Forex trading and a part of Blueberry Markets Review and check it is an allowance to use leverage, which may increase your potential gains timely.

As regularly leverage ratios fall under regulatory restrictions, Blueberry Markets being an Australian brokerage still allows high leverage ratios up to

• maximum leverage 1:500 for Forex instruments

• default leverage 1:30 for AU resident clients

Which all in all bringing vast of opportunities specifically for retail traders, as your trading size may magnificently enlarge. Nevertheless, always learn deeply about how to use maximum leverage smartly as “unhealthy” use may increase your risk dramatically and demands some higher margins as well.

Account types

Blueberry markets designed two account types in order to bring better opportunity for traders that would like to trade regular size trading or either being a beginning trader a Standard account features 0$ commissions.

Alternatively, their Direct account gives you more transparency so you can see the raw market spread. We then charge our brokerage costs at the completion of each trade.

Or if youre a professional there is a possibility to trade through a professional account with better conditions and tailored solutions suitable for traders with experience and those that operate bigger size.

Deposits and Withdrawals

The number of payment methods to fund the trading account will allow you to transfer funds easily by the use of Visa/MasterCard, Skrill, POLi Payment, fasapay, and Bank Wire Transfers.

While you may choose a base account currency which will also assist in seamless transfer with no conversion fees.

Blueberry Markets minimum deposit

The minimum deposit amount requires 100$ if you apply for a Standard account based on spread only. For professionals and account with tailored solutions 2,000$ is a first deposit, considered a great opportunity for high-volume traders.

Blueberry Markets minimum deposit vs other brokers

Withdrawals

Blueberry Markets does not charge any internal fees for deposits or withdrawals, also including wide selection of payment methods. Yet, you should check with your payment provider in case any fees are waived due to international policies for money transfers, as some charges may be applicable, as well as regulatory requirements for Withdrawals to Bank Account only or so.

How long does it take to withdraw money from Blueberry Markets？

Typically, the broker process the withdrawal transactions within 24 hours.

Conclusion

Concluding Blueberry Markets review, we admit safe broker to trade with, also established with respect to Australian laws and competitive pricing. What we really appreciate in its offering, is a great balance between the trading conditions, environment and support Blueberry Markets provides. Also, both beginning and experienced traders may find its good may in possible long term trading success.