Blueberry Markets Review Of 2025
Blueberry Markets, an Australian and Vanuatu-regulated broker, caters to various traders with both ECN-style and commission-free accounts, but the lack of published average spreads may raise transparency concerns.
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Verdict 
Fees 
Trading Platforms 
Safety 
Funding 
Product Range 
Support 
Market Research Blueberry Markets Summary
Why Choose Blueberry Markets
Tickmill maintains a mid-range presence in the global forex brokerage space. With approximately 49,500 monthly Google searches, it ranks as the 26th most popular forex broker among the 65 brokers analyzed. Similarweb data from February 2024 shows a consistent picture, positioning Tickmill as the 26th most visited broker with 614,000 global visits.
Founded in 2014, Tickmill has established a significant operational footprint. According to the company’s official website, Tickmill (across all subsidiaries combined) serves over 490,000 active clients with more than 940,000 registered accounts. The broker has executed over 668 million trades since its inception. Tickmill operates in more than 250 countries and territories worldwide, demonstrating its established global presence despite not ranking among the top 20 brokers by search visibility.
Tickmill is experiencing particularly strong growth in the MENA (Middle East and North Africa) region. Recent reports indicate that Tickmill’s trading volumes grew by 54%, surpassing $135 billion, while the total number of clients, including active ones, reached historic highs. This growth trajectory indicates Tickmill is expanding its market presence beyond its mid-tier search ranking position.
Our research found no dealing desk Forex broker Blueberry Markets products to be mostly generic and typical of a low cost broker. This means MetaTrader 4 and MetaTrader 5 platforms (which are good choices for manual and automated Forex trading), a Standard Account and a Direct (Raw) account so you can choose between no commission and ECN style trading and a wide range of CFD trading products. The broker likes to promote their social media presence as a measure of their value.
Personally we think there are better and more interesting brokers to choose . The broker doesn’t appear to have invested much into their overall product, there are no 3rd party tools for automation, social or copy trading and no Forex education. There are also numerous online complaints about the slow withdrawal of funds with this broker.
Blueberry Markets Pros and Cons
- MT4 and MT5 platforms
- 24/7 support
- ECN trading
- Limited financial instruments
- $100 minimum deposit
- No negative balance protection
Open Demo AccountOpen Live Account
Trading Fees
Blueberry Markets offer two main account types: a standard account with no commission, and a direct account with ECN style spreads plus commission.
1. Raw Account Spreads
The Direct Account provides traders with the benefit of raw spreads beginning at 0.1 pips, along with a commission fee of $3.50 per side, per 100k traded. This account is tailored for those who value transparency in their trading costs and appreciate the accuracy provided by ECN-style spreads.
Blueberry Markets offers lower spreads on most currency pairs than the industry average.
| Raw Account Spreads | Blueberry Markets | Average Spread |
|---|---|---|
| Overall | 0.6 | 0.75 |
| EUR/USD | 0.1 | 0.22 |
| USD/JPY | 0.3 | 0.38 |
| GBP/USD | 0.4 | 0.53 |
| AUD/USD | 0.3 | 0.47 |
| USD/CAD | 0.8 | 0.56 |
| EUR/GBP | 0.3 | 0.55 |
| EUR/JPY | 1 | 0.80 |
| AUD/JPY | 0.8 | 0.96 |
| USD/SGD | 1.4 | 2.29 |
2. Raw Account Commission Rate
Blueberry Markets’s Direct Account charges a commission of $3.50 per side (per 100k traded) for AUD and USD accounts.
| Commission Fee | USD | AUD | GBP | EUR |
|---|---|---|---|---|
| Blueberry Markets Commission Rate | $3.50 | $3.50 | N/A | N/A |
| Industry Average Rate | $3.44 | $3.32 | £2.44 | €2.91 |
3. Standard Account Fees
The Standard Account is designed for traders who prefer a straightforward approach to trading costs, with no commission fees and all costs built into the spread, starting from 1 pip. This option is great for beginners or anyone who prefers not to worry about calculating commission fees.
| Standard Acount Spreads | EUR/USD | USD/JPY | GBP/USD | AUD/USD | USD/CAD | EUR/GBP | EUR/JPY | AUD/JPY |
|---|---|---|---|---|---|---|---|---|
| Blueberry Markets Average Spread | 1.2 | 1.5 | 1.4 | 1.5 | 1.5 | 1.3 | 2.0 | 1.8 |
| Industry Average Spread | 1.2 | 1.5 | 1.6 | 1.6 | 1.9 | 1.5 | 2.1 | 2.3 |
Forex VPS
Clients with a live account, whether Standard or Direct, may access the Blueberry Markets Forex VPS for free. Their VPS provides the best experience possible by executing trades with greater speed and accuracy through high-performance external servers. It also allows low-latency trading by hosting the client’s system inside the same data centre as Blueberry Markets’ main trading servers, ensuring that the client’s trades are executed in 1 minute or less.
The use of their free Forex VPS is subject to application.
Use the calculator below to compare Blueberry Markets’ trading costs with competitors such as Pepperstone, Eightcap and CMC Markets, adjusting for trade size, currency pair, and base currency.
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4. Other Fees
There are no inactivity fees, and you won’t be charged for making deposits. However, note that there are internal withdrawal fees that apply exclusively to bank wire transfers of up to $25.
Verdict on Blueberry Markets Fees
Blueberry Markets have mostly lower spreads than the average broker but you need to look out for the higher commission fees.
Trading Platforms
| Trading Plaform | Available With Blueberry Markets |
|---|---|
| MetaTrader 4 | Yes |
| MetaTrader 5 | Yes |
| cTrader | No |
| TradingView | No |
| Proprietary Platform | No |
The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs. I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform.
Blueberry Markets offers its clients the choice between two leading trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), each supporting a range of devices including desktop, mobile apps, tablet, and web browsers.
| MetaTrader 4 | MetaTrader 5 | |
|---|---|---|
| Available Instruments | Indices, Forex, Metals & Energies | Indices, Forex, Metals, Energies, Cryptos & Shares |
| Time Frames | 9 | 21 |
| Technical Indicators | 30 | 38 |
| One click Trading | ✔ | ✔ |
| Expert Advisors (EAs) | ✔ | ✔ |
| One-click Trading | ✔ | ✔ |
| Economic Calendar | ✘ | ✔ |
MetaTrader 4
MT4 is renowned for its customisability and user-friendly interface, featuring a comprehensive set of technical analysis tools, including 30 technical indicators and various charting tools. It supports algorithmic trading through Expert Advisors (EAs), offers one-click trading, multiple order types, and a rich trading history database.
MT4 is accessible on Windows, macOS, iOS, and Android devices, ensuring traders can monitor and execute trades from anywhere.
MetaTrader 5
MT5 extends the capabilities of MT4, introducing advanced analytics, more order types, and cryptocurrency CFD trading.
It includes 38 technical indicators, 44 analytical objects, and the ability to view up to 100 charts simultaneously. MT5 also features an enhanced MQL5 environment for developing and backtesting EAs, a built-in economic calendar, and web trading capabilities across various operating systems.
Mobile Trading
Blueberry Markets ensures that traders can access the financial markets at any time, from anywhere, through its comprehensive mobile trading solutions. By leveraging the MetaTrader 4 and MetaTrader 5 mobile apps, clients can enjoy a seamless trading experience on their smartphones and tablets.
These apps offer full functionality, allowing traders to execute trades, analyse markets using technical indicators, and manage their accounts on the go. The convenience of mobile trading with Blueberry Markets means that traders never have to miss a market opportunity, regardless of their location.
DupliTrade for Copy Trading
Blueberry Markets partners with DupliTrade, an innovative copy trading platform that enables traders to automatically replicate the trades of experienced traders.
With a minimum deposit of $2,000 USD, clients can access DupliTrade’s portfolio of leading strategy providers, trading directly on their MT4 accounts. For beginners or those looking to test strategies, demo accounts can be utilised before live trading.
Verdict
Blueberry Markets equips traders with MetaTrader 4 and MetaTrader 5, leading platforms for desktop and mobile trading, alongside DupliTrade for copy trading, catering to a wide range of trading preferences and strategies.
Is Blueberry Markets Safe?
Blueberry Markets is considered a safe broker with a a trust score of 28 and tier-1 regulation.
1. Regulation
Blueberry Markets is regulated by the Australian Securities and Investment Commission (ASIC) for Australian residents, and for its international clients, the online broker is regulated by the Vanuatu Financial Services Authority (FSA).
ASIC regulation ensures high safety standards for Australian traders, including transparent operations and secure handling of funds. In contrast, FSA regulation provides global access with different levels of investor protection. Clients should consider their location and the relevant regulatory body when choosing Blueberry Markets, as it affects the protection and oversight of their investments.
| Blueberry Markets Safety | Financial Regulators |
|---|---|
| Tier-1 | ASIC |
| Tier-2 | X |
| Tier-3 | SVG-FSA |
2. Reputation
Founded in 2016 and headquartered in Sydney, Australia, Blueberry Markets has maintained a clean regulatory record, with no issues reported. The broker shows a moderate presence in the online trading landscape. With approximately 22,200 monthly Google searches, which is significantly lower compared to leading Australian brokers like IC Markets, which receives 246,000 searches.
Although it ranks as the 38th most popular forex broker among the 65 brokers analyzed. Web traffic data from Similarweb in February 2024 positions it slightly lower as the 43rd most visited broker, with 265,000 global visits.
| Country | 2025 Monthly Searches |
|---|---|
| France | 1,600 |
| Canada | 1,600 |
| India | 1,300 |
| United Kingdom | 1,300 |
| Australia | 1,000 |
| United States | 880 |
| Germany | 880 |
| Singapore | 480 |
| Malaysia | 390 |
| South Africa | 320 |
| Indonesia | 320 |
| New Zealand | 320 |
| Thailand | 260 |
| Philippines | 260 |
| Italy | 260 |
| Netherlands | 260 |
| Nigeria | 210 |
| Spain | 210 |
| Pakistan | 170 |
| Austria | 170 |
| Brazil | 140 |
| Turkey | 140 |
| Vietnam | 140 |
| United Arab Emirates | 140 |
| Switzerland | 140 |
| Egypt | 110 |
| Sweden | 110 |
| Bangladesh | 90 |
| Ireland | 90 |
| Poland | 70 |
| Morocco | 70 |
| Hong Kong | 70 |
| Portugal | 70 |
| Kenya | 70 |
| Argentina | 50 |
| Mexico | 50 |
| Japan | 50 |
| Ghana | 50 |
| Greece | 50 |
| Cyprus | 40 |
| Colombia | 30 |
| Algeria | 30 |
| Saudi Arabia | 30 |
| Uganda | 30 |
| Tanzania | 20 |
| Uzbekistan | 20 |
| Chile | 20 |
| Taiwan | 20 |
| Sri Lanka | 20 |
| Dominican Republic | 20 |
| Cambodia | 20 |
| Botswana | 20 |
| Peru | 10 |
| Venezuela | 10 |
| Ecuador | 10 |
| Bolivia | 10 |
| Jordan | 10 |
| Uruguay | 10 |
| Costa Rica | 10 |
| Ethiopia | 10 |
| Mongolia | 10 |
| Panama | 10 |
| Mauritius | 10 |
 France | 1,600 1st |
 Canada | 1,600 2nd |
 India | 1,300 3rd |
 United Kingdom | 1,300 4th |
 Australia | 1,000 5th |
 United States | 880 6th |
 Germany | 880 7th |
 Singapore | 480 8th |
 Malaysia | 390 9th |
 South Africa | 320 10th |
3. Reviews
Customer feedback is overwhelmingly positive, with Blueberry Markets achieving a rating of 4.7 out of 5 stars on Trustpilot, based on 2,881 reviews. This indicates a high level of client satisfaction with the services provided.
Verdict
Blueberry Markets is deemed a secure choice for traders, backed by tier-1 ASIC regulation and positive client feedback, reflecting its reliability and commitment to customer satisfaction.
Deposit and Withdrawal
Blueberry Markets’ requires a low minimum deposit across all account types, accompanied by diverse base currencies and fee-free deposit and withdrawal methods, providing traders with flexibility and convenience.
What is the minimum deposit at Blueberry Markets?
Blueberry Markets requires a low minimum deposit of $100 for all account types and regulatory environments, whether under ASIC or FSA regulation.
For traders interested in copy trading with DupliTrade, a minimum deposit of $2,000 USD is required to access the platform.
Account Base Currencies
Blueberry Markets supports an eight different base currencies including AUD, CAD, CHF, EUR, GBP, NZD, USD, and SGD. This variety allows traders to choose a currency that best suits their financial situation and minimises currency conversion fees.
Deposit Options and Fees
Blueberry Markets offers fee-free deposit methods, including credit card, bank transfer, and e-wallets, catering to a wide range of financial preferences.
However, availability and restrictions on deposit methods can vary by region and whether the you are registered with the CFD brokers ASIC or FSA regulated branch.
| Deposit Method | Branch | Availability | Currencies | Minimum Deposit | Fees |
|---|---|---|---|---|---|
| Commonwealth Bank | ASIC (Australia) | Australia | AUD | $100 | $0 |
| Credit Card | ASIC (Australia) | Australia | AUD, CAD, CHF, EUR, GBP, NZD, USD, SGD | $100 | $0 |
| Credit Card (Checkout) | FSA (International) | Global | AUD, CAD, CHF, EUR, GBP, NZD, USD, SGD | $50 | Fees for currency exchange may appl |
| Bank Wire (Currency Cloud) | FSA (International) | Global | AUD, CAD, CHF, EUR, GBP, NZD, USD, SGD | $50 | May incur third party fees from bank |
| Skrill | FSA (International) | Global | USD, CAD, EUR, GBP | $50 | $0 |
| PaymentAsia PHP (DragonPay) | FSA (International) | Philippines | PHP | $50 | $0 |
| PaymentAsia IDR | FSA (International) | Indonesia | IDR | $50 | $0 |
| PaymentAsia VNPAY | FSA (International) | Vietnam | VND | $50 | $0 |
| PaymentAsia FPX | FSA (International) | Malaysia | MYR | $20 | $0 |
| PaymentAsia THB | FSA (International) | Thailand | THB | $15 | $0 |
| KoraPay Bank Wire | FSA (International) | Kenya, Ghana, Nigeria | KES, GHS, NGN | $50 | $0 |
| Finrax (altcrypto) | FSA (International) | Global | ETH, BTC, XRP, USDT (TRC20, BEP20, ERC20), LTC, BCH, USDC | $50 | Network fees may apply depending on crypto exchange |
| CoinPayments (crypto) | FSA (International) | Global | USDT.TRC20, LTC, BTC | $100 | Network fees may apply depending on crypto exchange |
Withdrawal Options and Fees
Blueberry Markets facilitates withdrawals through various methods such as bank transfer, credit card, and specific e-wallets, without imposing any withdrawal fees.
While the broker ensures a broad availability of withdrawal options across both ASIC (Australia) and FSA (International) branches, it’s important for traders to be aware that currency exchange, intermediary, and standard SWIFT fees may still apply, especially for international bank wires and credit card withdrawals.
The minimum withdrawal amount is set at $50, allowing traders flexibility in managing their funds.
| Withdrawal Method | Branch | Availability | Minimum Withdrawal | Fees |
|---|---|---|---|---|
| Commonwealth Bank | ASIC (Australia) | Australia | $50 | $0 |
| Credit Card | ASIC (Australia) | Australia | $50 | $0 |
| Credit Card | FSA (International) | Global | $50 | Fees for currency exchange may appl |
| Bank Wire (Currency Cloud) | FSA (International) | Global | $50 | May incur third party fees from bank |
| PaymentAsia IDR | FSA (International) | Indonesia | $50 | $0 |
| PaymentAsia VNPAY | FSA (International) | Vietnam | $50 | $0 |
| PaymentAsia FPX | FSA (International) | Malaysia | $50 | $0 |
| KoraPay Bank Wire | FSA (International) | Kenya, Ghana, and Nigeria | $50 | $0 |
| Finrax (altcrypto) | FSA (International) | Global | $65 | Network fees may apply depending on crypto exchange |
| CoinPayments (crypto) | FSA (International) | Global | $100 | Network fees may apply depending on crypto exchange |
Verdict
Blueberry Markets offers a straightforward and accessible funding process with a $100 minimum deposit, diverse base currencies, and fee-free deposit and withdrawal options.
Product Range
Blueberry Markets provides a diverse trading environment with thousands of CFD products across five key asset classes: forex, shares, indices, commodities, and cryptocurrencies.
| Asset Class | Number of Products |
|---|---|
| Forex | 39 |
| Shares | 2,000 + |
| Indices | 30 + |
| Commodities | 4 |
| Cryptocurrency | 5 |
CFDs
Traders have the opportunity to engage with 39 forex pairs, tapping into major, minor, and exotic markets. The online broker also offers an extensive selection of shares, with access to more than 2,000 global stocks, allowing traders to participate in the performance of leading and emerging companies worldwide.
For those interested in broader market trends, Blueberry Markets covers over 30 indices, including major global benchmarks. This enables you to speculate on the overall direction of stock markets without having to select individual stocks.
Commodities trading is another cornerstone of Blueberry Markets’ offering, with 4 key commodities available, providing a way to diversify portfolios and hedge against inflation or currency devaluation.
Cryptocurrency trading, available exclusively on the MT5 platform, includes five digital currencies like Bitcoin, Ethereum, Litecoin, Dash, and Ripple.
Verdict
Blueberry Markets offers a comprehensive and versatile trading experience with access to over 2,000 CFD products across forex, shares, indices, commodities, and cryptocurrencies, catering to a wide range of trading strategies and preferences.
Customer Service
Blueberry Markets provides 24/7 customer support, ensuring traders can access assistance at any time through live chat, email, and a detailed help centre. This service setup is designed to offer timely and effective support to traders, covering various aspects of their trading experience.
The help centre is a key resource for traders, offering information on a range of topics including how to start with Blueberry Markets, using the client portal, and managing deposits and withdrawals. It also provides guidance on trading platforms MetaTrader 4 and MetaTrader 5, catering to both new and experienced traders seeking operational support.
Premium Traders
For high volume traders, the Blueberry Premium status presents a specialised service tier, enhancing the trading experience significantly. This exclusive status not only offers the advantage of reduced spreads and commissions, which are crucial for maintaining cost efficiency in high-volume trading but also ensures personalised support through a dedicated Account Manager. Premium traders gain invaluable insights with access to expert market analyses, enabling informed trading decisions.
Additionally, membership in the Premium Club opens doors to exclusive hospitality events, fostering a sense of community among activ traders.
Research and Education
Blueberry Markets offers a comprehensive selection of research tools and educational materials designed for traders across all levels of experience.
Research Tools
- Market News & Analysis: Daily updates and analyses from the Head Currency Analyst, including exclusive articles from industry leaders.
- Week Ahead Analysis: Insights into the upcoming trading week, providing a forward-looking perspective to help plan trading strategies.
- Economic Calendar: A detailed economic calendar highlighting important economic events that could influence the markets.
- Weekly Newsletter: A digest of the latest market trends, news, and analysis, conveniently delivered to subscribers’ inboxes.
- Blueberry Markets YouTube Channel: Features daily market analysis videos condensed into three-minute segments, plus tutorials on using trading platforms, understanding chart reading techniques, and mastering trading strategies.
Educational Resources
- Trading Programs: Designed for traders at all levels, from beginners venturing into forex for the first time, to intermediates looking to level up their knowledge, and advanced traders aiming to master risk management and uncover hidden opportunities. Each level is meticulously crafted to provide progressive learning.
- Trading Platform Guides: These guides offer detailed insights into navigating and maximising the potential of trading platforms, such as MetaTrader 4 and MetaTrader 5. Ideal for traders who wish to deepen their understanding of platform functionalities to improve their trading efficiency.
- Video Tutorials: A diverse collection of video tutorials is available, covering essential topics for all proficiency levels. Beginners can learn about forex trading basics, intermediates can explore types of forex traders and advanced concepts like margin and leverage in forex, and advanced tutorials delve into sophisticated strategies and analysis techniques.
Final Verdict on Blueberry Markets
Overall, our Blueberry Markets review concludes that this brokerage trading firm offers moderately good trading conditions for its clients. While Blueberry Markets may not be the best forex broker for active traders, you can still use their trading platform (MT4 or MT5) to trade throughout the day.
Some things that have weighed negatively in our review include the limited number of CFD instruments, no proprietary trading platform, and mobile trading App, higher markup spreads, no additional trading tools, and no FCA licence.
We found their support extremely responsive, and all our inquiries were answered in a timely manner. However, the major focus of our review was the assessment of Blueberry Markets online trading service, which is not on the same level as the services provided by forex brokers like Pepperstone and FXCM.
FAQs
What is the minimum deposit at Blueberry Markets?
At Blueberry Markets, the minimum deposit requirement is $100 for all account types and regulatory environments, regardless of whether you are under ASIC or FSA regulation. This low entry point ensures accessibility for traders of varying financial capacities, allowing them to start trading with a manageable initial investment.
What leverage does Blueberry Markets offer?
Blueberry Markets offers leverage up to 30:1 for forex trading under ASIC regulation in Australia, and up to 500:1 through its FSA-regulated branch offshore. Leverage varies by asset class, with ASIC imposing caps of 30:1 for major forex pairs, 20:1 for minor fx pairs and gold, 10:1 for other commodities, 5:1 for stocks, and 2:1 for cryptocurrencies.
What demo account does Blueberry Markets offer?
Blueberry Markets offers demo accounts on both the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, providing users with a risk-free environment to practice trading with a $100,000 virtual balance. Users can benefit from access to a range of trading tools, insights, and educational resources, making the MT4 and MT5 demos invaluable for traders of all levels to refine their trading strategies and skills.
Is Blueberry Markets a safe broker?
Blueberry Markets is considered a safe broker with a trust score of 31 and tier-1 regulation. Regulated by the Australian Securities and Investment Commission (ASIC) for Australian residents and by the Vanuatu Financial Services Authority (FSA) for international clients, Blueberry Markets adheres to stringent regulatory standards ensuring transparency and secure handling of funds.
With a clean regulatory record since its establishment in 2016 and overwhelmingly positive customer feedback, including a 4.6 out of 5-star rating on Trustpilot based on 1,679 reviews, Blueberry Markets demonstrates a commitment to client satisfaction and safety.
Does Blueberry Offer Prop Trading
Yes, Blueberry has a prop trading division called Blueberry Funded. You can visit our specialist prop website where we have a comprehensive Blueberry Funded review and also comparison tables of the providers available.
About the Review
At CompareForexBrokers, our reviews are aimed at helping traders discover the ideal forex broker for their needs. We meticulously evaluate 40 brokers across eight key categories, focusing on platform features, trade costs, and execution speeds. Our team of traders and industry experts conducts thorough research and testing using automation tools like Expert Advisors, Indicators, and Scripts.
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Ask an Expert
Does Blueberry Markets charge fees for you to access leverage?
No, using leverage is a risk but it is not a direct cost. You don’t pay to access leverage, you do pay to make a trade regardless of whether you use leverage or not.
What is the difference between using EightCap or Blueberry Markets in Australia?
Blueberry Markets is a registered business name of Eightcap. This means Blueberry uses the same trading infrastructure as Eightcap and the same regulatory licences.
What is the maximum lot size in Blueberry markets?
Standard Lots