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CompareForexBrokers

Blueberry Markets Review Of 2026

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.

Regulation
ASIC
Minimum Deposit
$100
Deposit/Withdrawal Fee
$0
Trading Fees
Commission + No-Commission Spreads
Fact Checked
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Our Verdict on 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 67 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.

Pros

  • MT4, MT5, cTrader, TradingView and Blueberry X (proprietary)
  • 24/7 support
  • ECN trading

Cons

  • Limited financial instruments
  • $100 minimum deposit
  • No statutory NBP for offshore (Vanuatu/Mauritius) clients

Blueberry Markets score breakdown

56/100

3/5 · Good

The overall rating is based on review by our experts

How is our rating calculated?
Trading Costs
6/10
Trading Experience
6/10
Trading Platform
5/10
Trust
4/10
Range of Markets
6/10
Customer Service
7/10

Blueberry Markets Summary

blueberry markets key features review

🗺️ Tier 1 RegulationASIC
🗺️ Tier 3 RegulationVFSC, FSC-M
💰 Trading FeesCommission + No-Commission Spreads
📊 Trading PlatformsMT4, MT5, cTrader, TradingView, Blueberry X, WebTrader
💰 Minimum Deposit$100
💰 Deposit/Withdrawal Fee$0
🛍️ Instruments OfferedCFD, Forex, Indices, Metals, Oils, Shares, Crypto

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 0.0 pips on majors, 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 SpreadsBlueberry MarketsAverage Spread
Overall0.300.69
EUR/USD0.030.23
USD/JPY0.030.31
GBP/USD0.30.44
AUD/USD0.10.37
USD/CAD0.20.49
EUR/GBP0.30.46
EUR/JPY0.30.65
AUD/JPY0.30.85
USD/SGD1.142.42

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 FeeUSDAUDGBPEUR
Blueberry Markets Commission Rate$3.50$3.50N/AN/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 1.2 pip. This option is great for beginners or anyone who prefers not to worry about calculating commission fees.

Standard Acount SpreadsEUR/USDUSD/JPYGBP/USDAUD/USDUSD/CADEUR/GBPEUR/JPYAUD/JPY
Blueberry Markets Average Spread1.21.51.41.51.51.321.8
Industry Average Spread1.11.41.51.41.71.41.92.0

Lowest Spread Forex Brokers

Forex VPS

Clients with a live account, whether Standard or Direct, may access the Blueberry Markets Forex VPS for free. Their VPS hosts your trading platform inside the same data centre as Blueberry Markets’ execution servers, which keeps round-trip latency under a minute and helps with EA-based strategies that are sensitive to network jitter.

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.

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 PlaformAvailable With Blueberry Markets
MetaTrader 4Yes
MetaTrader 5Yes
cTraderYes
TradingViewYes
Proprietary Platform (Blueberry X)Yes
WebTraderYes

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 4MetaTrader 5
Available InstrumentsIndices, Forex, Metals & EnergiesIndices, Forex, Metals, Energies, Cryptos & Shares
Time Frames921
Technical Indicators3038
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 runs on Windows, macOS, iOS, and Android, with the same login synced across all four.

MT4 Trading Platform

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.

MT5 Trading Platform

cTrader

Blueberry Markets offers cTrader, an ECN platform known for its depth-of-market pricing, fast order execution and advanced charting. It supports automated trading through cBots and suits traders who want transparent Level II pricing.

TradingView

Traders can also connect through TradingView, using its charting tools and indicators to analyse markets and place trades directly from the charts.

Blueberry X

Blueberry X is the broker’s proprietary multi-device platform. It supports expert advisors, demo trading and real-time trading across desktop and mobile, giving clients an in-house alternative to the MetaTrader suite. A browser-based WebTrader is available as well, so clients can trade without installing software.

Mobile Trading

Blueberry Markets supports both MT4 and MT5 mobile apps on iOS and Android, with the same charts and order types as the desktop versions.

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. DupliTrade and Blueberry Social are offered under the international (Vanuatu and Mauritius) entity only. Australian ASIC-regulated clients do not have access to copy or social 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 46 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 Commission (VFSC) and the Mauritius Financial Services Commission (FSC Mauritius).

ASIC regulation ensures high safety standards for Australian traders, including transparent operations and secure handling of funds. In contrast, the offshore VFSC (Vanuatu) and FSC Mauritius entities provide 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.

The broker operates through three legal entities. Australian residents are served by Blueberry Australia Pty Ltd (ABN 67 646 513 797), which holds AFSL 535887. International clients are served by Blueberry Markets (V) Ltd, registered with the VFSC (Co. 700697) at Govant Building, 1st Floor, Kumul Highway, Port Vila, Vanuatu, and by Blueberry Markets (Mauritius) Ltd, which holds GBL GB24203929 from the FSC Mauritius at Silicon Avenue, 40 Cybercity, Ground Floor, The Catalyst, Ebene 72201, Mauritius.

ASIC-regulated retail clients receive mandatory negative balance protection. Wholesale clients and offshore VFSC and Mauritius clients do not have statutory negative balance protection, though Blueberry applies a 50 percent stop-out level across all entities to reduce the risk of accounts going negative.

Blueberry Markets SafetyFinancial Regulators
Tier-1ASIC (Australia) - Australian Securities and Investments Commission
Tier-2X
Tier-3VFSC (Vanuatu) - Vanuatu Financial Services Commission FSC (Mauritius) - Mauritius Financial Services Commission (GBL GB24203929)

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 18,100 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 46th most popular forex broker among the 67 brokers analyzed. Web traffic data from Similarweb in February 2026 also positions it as the 46th most visited broker, with 179,147 global visits.

Country2026 Monthly SearchesRank
India2,4001st
France1,9002nd
United Kingdom1,6003rd
Canada1,6004th
Australia8805th
United States5906th
Thailand4807th
Germany4808th
New Zealand4809th
Italy39010th
Show all 65 countries
Country2026 Monthly Searches
Singapore390
Malaysia320
South Africa320
Pakistan320
Netherlands320
Philippines210
United Arab Emirates210
Spain210
Brazil170
Turkey170
Indonesia140
Nigeria140
Austria140
Vietnam110
Switzerland110
Cyprus90
Portugal90
Sweden90
Colombia70
Bangladesh70
Argentina70
Hong Kong70
Morocco70
Kenya70
Mexico50
Japan50
Ireland50
Poland40
Egypt40
Saudi Arabia40
Taiwan40
Chile40
Ghana40
Greece40
Algeria20
Ecuador20
Dominican Republic20
Sri Lanka20
Uganda20
Peru10
Venezuela10
Tanzania10
Uzbekistan10
Jordan10
Ethiopia10
Cambodia10
Bolivia10
Botswana10
Costa Rica10
Mongolia10
Uruguay10
Guatemala10
Panama10
Mauritius10
Honduras10

3. Reviews

Customer feedback is overwhelmingly positive, with Blueberry Markets achieving a rating of 4.5 out of 5 stars on Trustpilot, based on 3,267 reviews. This indicates a high level of client satisfaction with the services provided.

Blueberry Markets Trustpilot rating September 2026

Screenshot of Blueberry Markets’s Trustpilot profile, captured September 2026. We recapture these monthly, so the figure above is the one on the profile at that date rather than a number typed in once and left to age.

Verdict

Blueberry Markets sits in the safer broker bracket, with tier-1 ASIC regulation and an above-average client review history.

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 offshore (VFSC and FSC Mauritius) 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 offshore VFSC / FSC Mauritius regulated branch.

Deposit MethodBranchAvailabilityCurrenciesMinimum DepositFees
Commonwealth BankASIC (Australia)AustraliaAUD$100$0
Credit CardASIC (Australia)AustraliaAUD, CAD, CHF, EUR, GBP, NZD, USD, SGD$100$0
Credit Card (Checkout)VFSC / FSC Mauritius (International)GlobalAUD, CAD, CHF, EUR, GBP, NZD, USD, SGD$50Fees for currency exchange may appl
Bank Wire (Currency Cloud)VFSC / FSC Mauritius (International)GlobalAUD, CAD, CHF, EUR, GBP, NZD, USD, SGD$50May incur third party fees from bank
SkrillVFSC / FSC Mauritius (International)GlobalUSD, CAD, EUR, GBP$50$0
PaymentAsia PHP (DragonPay)VFSC / FSC Mauritius (International)PhilippinesPHP$50$0
PaymentAsia IDRVFSC / FSC Mauritius (International)IndonesiaIDR$50$0
PaymentAsia VNPAYVFSC / FSC Mauritius (International)VietnamVND$50$0
PaymentAsia FPXVFSC / FSC Mauritius (International)MalaysiaMYR$20$0
PaymentAsia THBVFSC / FSC Mauritius (International)ThailandTHB$15$0
KoraPay Bank WireVFSC / FSC Mauritius (International)Kenya, Ghana, NigeriaKES, GHS, NGN$50$0
Finrax (altcrypto)VFSC / FSC Mauritius (International)GlobalETH, BTC, XRP, USDT (TRC20, BEP20, ERC20), LTC, BCH, USDC$50Network fees may apply depending on crypto exchange
CoinPayments (crypto)VFSC / FSC Mauritius (International)GlobalUSDT.TRC20, LTC, BTC$100Network 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 VFSC / FSC Mauritius (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 MethodBranchAvailabilityMinimum WithdrawalFees
Commonwealth BankASIC (Australia)Australia$50$0
Credit CardASIC (Australia)Australia$50$0
Credit CardVFSC / FSC Mauritius (International)Global$50Fees for currency exchange may appl
Bank Wire (Currency Cloud)VFSC / FSC Mauritius (International)Global$50May incur third party fees from bank
PaymentAsia IDRVFSC / FSC Mauritius (International)Indonesia$50$0
PaymentAsia VNPAYVFSC / FSC Mauritius (International)Vietnam$50$0
PaymentAsia FPXVFSC / FSC Mauritius (International)Malaysia$50$0
KoraPay Bank WireVFSC / FSC Mauritius (International)Kenya, Ghana, and Nigeria$50$0
Finrax (altcrypto)VFSC / FSC Mauritius (International)Global$65Network fees may apply depending on crypto exchange
CoinPayments (crypto)VFSC / FSC Mauritius (International)Global$100Network 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 ClassNumber of Products
Forex39
Shares2,000 +
Indices30 +
Commodities4
Cryptocurrency5

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

Forex customer Support

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.

Blueberry Market ratings

Premium Traders

For high volume traders, the Blueberry Premium status presents a specialised service tier, enhancing the trading experience significantly. Premium status drops both spreads and commissions, which adds up if you’re trading high volume, and gets you a dedicated relationship manager through a dedicated Account Manager. Premium traders gain invaluable insights with access to expert market analyses, enabling informed trading decisions.

Premium Club members also get invited to hospitality events, which is unusual for a broker this size and tends to attract 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.

Blueberry News

Final Verdict on Blueberry Markets

Forex Brokers Review

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, 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.

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.

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 offshore (VFSC and FSC Mauritius) 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 offshore VFSC and FSC Mauritius regulated branches. 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 40 and tier-1 regulation. ASIC handles Australian residents while the VFSC (Vanuatu) and FSC Mauritius cover international clients. The ASIC entity is the stricter of the two, particularly around segregation of client funds. Blueberry Markets has held a clean regulatory record since 2016 and carries a 4.5 out of 5 Trustpilot rating across 3,257 reviews, which suggests fewer client disputes than smaller competitors.
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 author

Justin Grossbard, Co-Founder of CompareForexBrokers

Justin Grossbard

Justin Grossbard is the CEO & Co-Founder of CompareForexBrokers established in 2014, along with Noam Korbl and works as Strategic Head Of Research.

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