30/07/ · Verdict. Blueberry Markets is a great choice for beginner, intermediate and professional forex traders. Their biggest advantage is definitely their low spreads on currency I have been with Blueberry markets for more than three years, feeling secure and comfortable. They are very professional, customer friendly and respond fast to your concern pertaining to 12/05/ · In summary, our Blueberry Markets review found that this ASIC-regulated broker is one of the best trading platforms in the market right now. Not only can you trade heaps of 1 review CA 22 Aug Invited Recommended Trading Platform Great platform to trade on for beginners and experts. Excellent customer service coupled with providing a suitable Trading 07/07/ · 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 ... read more
Are you thinking about trading with Blueberry Markets? There are hundreds of forex brokers online and a huge amount of scams so it can be really hard to know who you can trust.
Luckily, we have extensively researched and tested Blueberry Markets, everything from the trading platforms, to the account types and regulation. We have taken a really deep dive into all of the relevant information so you can make a decision whether this broker is for you or not. They offer professional trading conditions, paired with up to leverage on trading accounts.
Alongside their great trading conditions and tight spreads, Blueberry markets has a perfect reputation in the online trading community whilst being fully regulated by ASIC and abiding by their client fund segregation rules.
Blueberry Markets is actually the trading name of Eightcap Pty Ltd, ABN 73 Eightcap is regulated by ASIC, AFSL number Over the last few years there have been some amazing brokers coming out of Australia, all offering great leverage, unlike European brokers.
Luckily for us, Blueberry Markets is based out of, and regulated in Australia. For this reason they are able to offer leverage to clients , which is a HUGE bonus as this allows traders to grow accounts at a nice pace. If you are worried about having high leverage, you are able to reduce it right down to in your client portal, so there is no risk of losing a large percentage of your account in just one trade. Like the majority of forex brokers online these days, you will have access to over 54 trading pairs.
This includes majors, minors, index, commodities and energies — more than enough! If you want to trade specific markets I would advise creating a free demo account now to test the spread and conditions on that pair, but if you are just trading standard forex pairs then the conditions at Blueberry are more than good enough!
Spreads and costs are extremely important for traders, especially scalpers, as this type of trading nets just a small amount of pips per trade. Even swing traders really need to ensure they have a competitively priced forex broker. This is fairly competitive in terms of fees, not the cheapest in the market but far from being expensive!
The professional account has a spread from 0. In summary, the trading conditions offered by Blueberry markets are second to none. I find the conditions absolutely perfect for day trading forex instruments and even longer term moves. The professional account is one of the cheapest in the market! This broker offers 2 live trading accounts, alongside a free demo account.
These accounts are perfect for a range of different traders from scalpers to swing traders. This is split up into a Standard Account and a Professional Account.
Both of these account types come with leverage, very tight spreads, low commissions and over 54 tradeable instruments on MT4 and MT5! In summary, I would highly recommend the Standard account for the majority of forex traders. If you are a professional trader coming in with a big account size, or even a scalper, I would recommend the Professional Account, as having 0.
I use the Standard account and have absolutely no issues at all! You can sign up for a demo account here. If you are new to forex I would definitely recommend giving the demo account a go whilst perfecting your analysis, or even just to test the conditions at Blueberry markets if you are an experienced trader.
If a broker is completely unregulated, you leave yourself exposed to spreads being manipulated, deposits going missing, withdrawal issues and all types of problems that result in your losing your capital. In adherence to the regulations within Australia, all client funds are held in a separate account at the bank of Australia NAB.
Also, withdrawals are processed the same or the next working day, with an easy withdrawal option in your client portal. In short, they are regulated by ASIC and keep clients funds segregated meaning your capital is safe with this broker.
If anything changes, I will make sure to update this article with the latest regulatory news. Blueberry markets also have an entity in Vanuatu, which is regulated by VFSC. This also abides by the client capital segregation rules and has the exact same processes, fees and support structure as the main Australian arm.
This broker offers a great selection of trading platforms for retail traders, very similar to most brokers in the markets right now. These include:. I would highly recommend downloading the MT4 platform onto a laptop or computer to do your actual on chart analysis, as it can be really hard to see the detail on a mobile device.
MT5 is much more advanced than MT4 in terms of the tools, order execution and the options offered. I would definitely recommend at least testing out MT5 before committing to only using MT4, as at some point MT4 will be discontinued and the majority of forex brokers will stop offering that platform and push traders onto the newer platforms like MT5 and cTrader.
Financial Licenses. Top-tier Licenses. Provided by TheTradingBible. Another very healthy indicator was our overall scan of user reviews across the web in several forums where traders share their opinion and definitely Blueberry Markets is living up to its promise of outstanding customer service.
Their current deposit and withdrawal methods are:. A very positive point for Blueberry Markets is definitely allowing USDT deposits as this attracts a very particular audience of cryptocurrency investors that wish to experiment in Forex without having to exchange their USDT for fiat first. Having many choices in terms of base currencies is great, as it allows traders from different countries to avoid the loss in conversion fees every time everything is handled in USD or any other major currency alone.
To solve this problem they have a separated client area which can be accessed through the homepage. Here's how it looks:. Blueberry Markets offers two different accounts: Standard Account and Direct Account.
The difference in plain english between both accounts is that the Standard account has the classic markup on the spread and the Direct account offers Raw spreads with a fixed commission. For high volume forex traders, the Blueberry Markets Direct Account makes sense as it will provide great value in the long term. Blueberry Markets charges spreads depending on the asset and the account type and overnight fees on leveraged positions. BlueBerry Markets offers extremely competitive spreads in Forex, being the area where they specialise.
Clearly, Blueberry Markets has the edge when it comes to Forex trading against their similar competitors. No, but they do charge currency conversion fees. So far during our review, we came to the conclusion that Blueberry Markets strongest selling point is their low spreads on their Standard account 0.
Blueberry Markets offers approximately a little more than tradable instruments which of course, compared to their competitors is a low figure. Clearly, Blueberry Markets is designed for professional Forex traders looking to take advantage of their low costs, but when it comes to stocks or other assets, there are many better options out there. Currently they offer the possibility to trade with them via:. A very interesting point to note is that Blueberry Markets also offers a free forex VPS Virtual private server , which is a great solution for professional traders looking to host their MetaTrader in Blueberry Markets servers to ensure there is no latency upon execution.
A little disadvantage of Blueberry Markets is that some actions that are usually simple and self-executable in the majority of brokers become dependent on their customer support department. In their own website, they provide forex trading courses for levels beginner, intermediate and advanced in the form of text.
On their youtube channel they provide the same courses in video format along with some very helpful MetaTrader 4 and 5 tutorials for beginners. Their educational offering, while it's not comprehensive or packed with life-changing resources, serves the purpose of guiding a new customer through their first steps when trading with them. Blueberry Markets is a great choice for beginner, intermediate and professional forex traders.
On the negative side, Blueberry Markets needs to improve their account management process to provide a smoother and more integrated experience where customers are not dependant on customer support for simple actions such as:.
When it comes to anything other than currency trading, there is a lot of work to be done for them as their current asset offering is very limited when compared to similar brokers. In conclusion, Blueberry Markets is a still young company with a good track record and steady growth in their area of expertise FX Trading.
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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 the best liquidity providers. The broker has been operating for over a decade and since then has gained a great reputation among traders and the 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 is a reputable, well-regulated broker with easy account opening, quality trading conditions, an ECN trading environment, and good education. Blueberry Markets have also garnered collective recognition from award-giving bodies in the industry:. No, Blueberry Markets is not a scam. Blueberry Markets is 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.
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.
Therefore, Blueberry Markets and its EightCap company meet 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.
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.
This all in all brings vast opportunities specifically for retail traders, as your trading size may magnificently enlarge. 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. Obviously, you should follow the opening account or sign-in page and proceed with the guided steps.
Also, you would be advised to upload a copy of your ID and residence in order to prove your identity, once the account is confirmed you will get access to your Client Portal where all your account management is happening and proceed with the first deposit. Blueberry Markets spreads offering itself, and as already mentioned Blueberry Markets fees based on tight spread offering from 0.
Standard accounts with the spread-only spreads are higher, due to costs that are inbuilt in the spread, so you will get around 1 pip for EUR USD, which is actually still considered a good proposal.
For instance, you may see below some of the recent spreads, as well compare Blueberry fees to another popular broker FP Markets.
Also, always consider overnight fee as a cost also referred to as Rollover rate, an interest for holding positions open overnight in foreign exchange trading. It is determined by the overnight interest rate and is a differential between two involved in trade currencies. The marker range also includes access to vast trading instruments offered from Blueberry ECN including Forex, Oil and Metal commodities, Indices, Cryptocurrencies, and Australian and the US Share CFDs.
The total number is around instruments across major and most traded instruments. While you may choose a base account currency which will also assist in seamless transfer with no conversion fees. 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.
The next step in our Blueberry Markets Review is a definition of the platforms through which you will access to the trading environment itself. Blueberry Markets uses MetaTrader4 and MetaTrader 5 its newer version as a platform , and the choice is not a surprise as its numerous features and tools bring the perfect combination to the technological execution.
The platforms are available for almost any device including Web versions , desktop, and Mobile apps. In addition, Blueberry desktop advanced platforms are packed with free tools, in-depth trading history and access to more capabilities available exclusively to Blueberry markets traders, which is great for both beginners and professionals.
Also, you may use Blueberry Markets mobile app that gives you full capacity of control over your orders or an account. Applications are available for both MetaTrader versions and suitable for any smartphone along with push notifications and great customization. Their answers are quick and relevant, so you can count on good support and understanding of your concerns at any time. You can contact customer service via Live chat, emails, phone lines or leave a message with the contact form.
Blueberry Markets provide their clients with daily Forex market updates via their official YouTube page with the help of our Head Currency Analyst, Jonathan Kibbler. They also update their trading blog daily which is accessible via their website. Bluberry Markets will support only with good research tools that are inbuilt into the platforms and available for free use. Also, there are copy trade options so you can get some trading ideas as well.
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.
Yes we accept clients from Nigeria! You are very welcome to reach out to us at support blueberrymarkets. We have a very friendly and responsive support team who can walk you through the application process. Why are there only 2 metals to trade namely gold and silver? What about copper and palladium and the other less well metals? Money withdrawal is annoying. Terrible process!
Such a waste of time. Had to contact support several times even the bank wire transfer is within Australia. If you had finally received your withdrawal then why are you going around complaining in every platform? No broker is perfect. So let them be! I have not yet opened an account with them, but I have read lots of reviews about them. Hi Pasindu, we are incredibly sorry for your negative experience.
We tried looking up your name on our records but we could not find you. Is it possible for you to reach out to our Support Team so that we can address your needs. Thank you for the honest assessment and we will use it as a springboard to improve our overall customer experience. Hi from Philippines. Yes they have very good customer support all doubtful question on my mind answered clearly.
Thank you very much. Keep it up guysss. Hi, Roberto. Great question! Our clients will have their own dedicated account managers who will help them with their trades whenever they sign up for an account with us.
Hi, ALi. We accept clients based in Malaysia. For the full list of requirements, please visit our website at blueberrymarkets. Do they accept client from uae? There are fx brokers here but most of them are fraudulent..
So anyone can tell if they accept client from uae?? Hi, Ali. Thank you for reaching out. Yes, we do accept clients based in UAE. You may visit our website at blueberrymarkets.
com to open an account 🙂. hi iam basically from india but currently working in mauritius so can i able to do trade with your system. Hi, Jubin. Thank you for showing interest in our platform. Yes, you may open an account with us. Please visit our website at blueberrymarkets. com for more information. I notice you looking for a Tax number for Irish traders. Does the account get reported to the Irish revenue.
Hi I have an account with Burberry and need to make a withdrawal so could you tell me where I can do that please. Your email address will not be published.
Save my name, email, and website in this browser for the next time I comment. Skip to content. Blueberry Markets Review. Open an Account. Leverage: Regulation: ASIC, SCB Min. Blueberry Markets Licenses EightCap Pty Ltd - authorized by ASIC Australia registration ABN 73 AFSL Eightcap Global Ltd.
Our Review Blueberry Markets User Reviews Blueberry Markets News What is Blueberry Markets? Blueberry Markets Pros and Cons Is Blueberry Markets safe or a scam? Leverage Accounts Fees Spread Market Instruments Deposits and Withdrawals Trading Platform Customer Support Education Conclusion What is Blueberry Markets?
Blueberry Markets Pros and Cons Blueberry Markets is a reputable, well-regulated broker with easy account opening, quality trading conditions, an ECN trading environment, and good education. On the other hand, Blueberry has limited portfolio for trading instruments.
Fees Blueberry Markets Fees AvaTrade Fees eToro Fees Deposit Fee No No No Withdrawal Fee No No No Inactivity Fee No Yes Yes Fee ranking Low Average High.
I have been with Blueberry markets for more than three years, feeling secure and comfortable. They are very professional, customer friendly and respond fast to your concern pertaining to join Blueberry Markets. reviews reviews reviews Hassle-free deposit and withdrawal options globally We're fast and transparent with transactions. Plus, the 1 review CA 22 Aug Invited Recommended Trading Platform Great platform to trade on for beginners and experts. Excellent customer service coupled with providing a suitable Trading 30/07/ · Verdict. Blueberry Markets is a great choice for beginner, intermediate and professional forex traders. Their biggest advantage is definitely their low spreads on currency 12/05/ · In summary, our Blueberry Markets review found that this ASIC-regulated broker is one of the best trading platforms in the market right now. Not only can you trade heaps of 07/07/ · 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 ... read more
Alongside that, they are fully regulated by the ASIC and have a perfect reputation within the industry. Spreads from 0. I have a very nice experience trading with this broker. It is mandatory to procure user consent prior to running these cookies on your website. Get in the trade at the price level you set with our platform. They also update their trading blog daily which is accessible via their website.More than 30, traders trust our platform We are a highly-rated broker with a 4. Blueberry Market has everything you can ask for, Blueberry market review super happy it has been recommended to me as my first broker. When it comes to anything other than currency trading, there is a lot of work to be done for them as their current asset offering is very limited when compared to similar brokers. I notice you looking for a Tax number for Irish traders, blueberry market review. We accept clients based in Malaysia. Broker Database. As you will be trading CFDs, you can go long or short on your chosen market.