Blueberry Markets Review

Overview

Blueberry Markets is a legitimate CFD and forex broker with competitive advertised pricing, a strong platform selection and an ASIC-regulated Australian entity. However, the quality of its regulatory protection depends heavily on which Blueberry legal entity actually holds your account.

For Australian retail traders onboarded through Blueberry Australia Pty Ltd, the regulatory position is considerably stronger. International customers may instead deal with Blueberry entities in Mauritius or Vanuatu, so you should verify the entity named in your account agreement before depositing money.

Our verdict is positive but not unconditional. Blueberry Markets makes the most sense for active forex and CFD traders who want MetaTrader 4, MetaTrader 5, TradingView or Blueberry X, particularly if they can access the Australian entity. The main reservations are jurisdiction-dependent protection, a lack of published average spread data on the pages reviewed, and a minority of recent customer complaints concerning withdrawals and account restrictions.

Blueberry Markets is best for: active forex and CFD traders who value platform choice, raw-spread pricing and 24/7 support.

Blueberry Markets is less suitable for: investors wanting to own the underlying shares or cryptocurrencies, traders who require the strongest possible domestic regulation outside Australia, and beginners tempted primarily by high leverage.

> Review basis: This review uses current regulatory disclosures, Blueberry Markets' published trading conditions and current third-party customer feedback. It does not claim to be based on a live funded-account execution test.

Blueberry Markets at a glance

Blueberry's international account page advertises more than 300 CFD instruments, a $100 minimum deposit and leverage of up to 500:1. Product access, leverage and regulatory protection vary by jurisdiction.

Is Blueberry Markets legit?

Yes. Blueberry Markets is a real brokerage group operating through disclosed legal entities, including an ASIC-regulated Australian company and a Vanuatu entity listed as active by the Vanuatu Financial Services Commission.

Blueberry Australia Pty Ltd has Australian Business Number 67 646 513 797 and identifies Australian Financial Services Licence 535887 on its Australian website and Financial Services Guide. Australia's ABN register confirms that Blueberry Australia Pty Ltd is an active Australian private company.

Blueberry Markets (V) Ltd appears on the Vanuatu Financial Services Commission's financial dealer list with company number 700697 and licence classes A, B and C.

Blueberry also states that Blueberry Markets (Mauritius) Ltd, company number 218548, holds Global Business Licence GB24203929 as a Full Service Dealer excluding underwriting.

That is sufficient evidence to distinguish Blueberry Markets from an anonymous or unlicensed broker operation.

It does not mean every Blueberry customer receives identical investor protections.

Is Blueberry Markets safe?

Blueberry Markets has a more substantial regulatory setup in Australia than through its offshore entities. The entity named in your account agreement is therefore central to the safety assessment.

For Australian customers, Blueberry Australia's client agreement says that client funds are held in a client-money trust account and kept separate from Blueberry's own funds. The agreement also says those funds are not available to Blueberry's general creditors if the company enters receivership or liquidation.

Australian retail CFD rules impose leverage limits and negative balance protection requirements. Blueberry's Australian materials describe leverage limits from 30:1 down to 2:1, depending on the underlying asset.

The international offering is different. Blueberry's global website discloses Mauritius and Vanuatu entities and advertises leverage of up to 500:1. That leverage can reduce the capital needed to open a position, but it can also increase losses quickly.

Check the legal entity in your application and client agreement before depositing. The Blueberry Markets brand alone does not guarantee ASIC protection.

Blueberry Markets regulation explained

A trader choosing a broker for investor protection should assess the contracting entity rather than count the regulators connected to the wider brand.

Blueberry Markets fees and spreads

Blueberry offers two main account structures: Standard and Raw. The Raw account is also called Direct on parts of the broker's website.

Standard Account

The Blueberry Standard Account has no separate trading commission. The trading cost is included in the spread. Blueberry advertises:

Blueberry currently advertises:

• Spreads from 1.0 pip
• $0 commission
• $100 minimum deposit
• 0.01-lot minimum trade size
• Up to 500:1 leverage on the international offering
• MT4, MT5, WebTrader, TradingView and Blueberry X access

Raw or Direct Account

The Raw Account separates the spread from the commission. Blueberry advertises:

Blueberry currently advertises:

• Raw spreads from 0.0 pips
• $7 USD commission per standard lot round turn on forex
• $100 minimum deposit
• 0.01-lot minimum trade size
• Up to 500:1 leverage on the international offering
• MT4, MT5, WebTrader, TradingView and Blueberry X access

Is Blueberry's Raw Account cheaper than Standard?

The Raw Account can be cheaper for active forex traders, but “0.0 pips” does not mean a trade costs nothing. The $7 round-turn commission must be added to the live spread.

Consider EUR/USD. One pip on a standard 100,000-unit EUR/USD position is approximately $10.

Using Blueberry's advertised minimum pricing:

That produces a useful break-even point. Based purely on the advertised figures, Blueberry's Raw Account needs an EUR/USD spread below roughly 0.3 pips to beat a Standard Account trading at exactly its 1.0-pip advertised floor.

This is not evidence that one account will always be cheaper. Spreads are variable, and Blueberry warns that they can widen during illiquid periods and high-impact news events. The broker publishes minimum “from” spreads, so typical or average all-in trading costs cannot be inferred from the headline 0.0-pip figure alone.

For scalpers and frequent day traders, the Raw Account is the more logical account to test. For lower-frequency traders who value simpler cost accounting, Standard is easier to understand.

What trading platforms does Blueberry Markets offer?

Blueberry Markets offers MetaTrader 4, MetaTrader 5, TradingView, WebTrader and Blueberry X on its main international account offering.

Its listed platforms are:

• MetaTrader 4
• MetaTrader 5
• WebTrader
• TradingView
• Blueberry X

Blueberry also promotes cTrader, Blueberry Social and Blueberry Pulse. Availability can vary by account and jurisdiction.

TradingView suits traders who prefer its charting tools and want to place trades through an integrated broker connection. Blueberry says connected accounts can place trades directly through TradingView and synchronise them with Blueberry X.

MetaTrader 4 and MetaTrader 5 remain the natural choices for traders who use Expert Advisors, custom indicators or existing MetaTrader workflows.

What can you trade with Blueberry Markets?

Blueberry Markets offers leveraged CFD exposure rather than ownership of the underlying asset.

The available markets include:

• Forex
• Share CFDs
• Stock index CFDs
• Gold and other metal CFDs
• Oil and commodity CFDs
• Cryptocurrency CFDs

The international account page advertises more than 300 instruments.

A Tesla share CFD does not give you ownership of Tesla shares. It is a derivative contract whose value follows the underlying market.

Investors who want to build a long-term portfolio of real shares or ETFs should use a securities broker instead of selecting Blueberry because it offers share CFDs.

How long do Blueberry Markets withdrawals take?

Blueberry says withdrawal requests are generally processed within 24 hours on business days, but processing time is not the same as the time required for funds to arrive in your bank account or payment method.

Blueberry supports bank transfers, cards and selected electronic payment methods, with availability depending on the customer's location and account.

Customer feedback is worth considering here.

Blueberry currently has a 4.5 out of 5 Trustpilot score from around 3,270 reviews. Trustpilot's current summary says customers frequently praise Blueberry's support and platform experience, while some users report withdrawal delays, verification difficulties and execution concerns. Approximately 5% of the reviews shown were one-star reviews when checked.

Several 2026 reviews specifically allege delayed withdrawals or account restrictions. Blueberry has responded publicly to some complaints, including cases where it says accounts were reviewed or closed under its trading terms. These user reports are allegations, not regulatory findings, so they should not be presented as proof of systemic misconduct. They are still a legitimate due-diligence signal.

A sensible risk-management approach is to test the complete funding cycle with a modest amount before committing substantial capital.

Blueberry Markets customer reviews: what do traders actually say?

The overall customer-review picture is more positive than negative.

At the time of this review, Trustpilot showed:

• 4.5/5 overall rating
• Around 3,270 reviews
• 87% five-star reviews
• 7% four-star reviews
• 5% one-star reviews

Positive reviews repeatedly mention responsive customer support, straightforward onboarding and satisfactory trading conditions. Negative reviews are concentrated more heavily around withdrawal processing, account verification and account restrictions.

That distribution is more useful than simply quoting the 4.5-star headline.

It tells us Blueberry appears to satisfy the large majority of reviewers, but the small negative tail concerns issues that matter enormously when dealing with a financial broker. Withdrawal and account-control complaints deserve more weight than complaints about minor interface design.

Blueberry Markets pros and cons

Who should use Blueberry Markets?

Blueberry Markets is most suitable for active forex and CFD traders who want platform choice and can confirm that the available regulatory entity meets their needs.

It may suit you if you:

• Want MetaTrader 4 or MetaTrader 5
• Trade through TradingView
• Prefer raw spreads plus transparent commission pricing
• Trade forex, indices, commodities or CFDs actively
• Want a relatively low $100 entry requirement
• Are an Australian trader eligible for the ASIC-regulated entity

For higher-frequency trading, the Raw Account is the account structure I would investigate first.

Who should avoid Blueberry Markets?

Blueberry Markets is not the right product for everyone.

I would look elsewhere if:

• You want to buy and hold real shares or ETFs
• You do not fully understand leveraged CFD trading
• Your overriding priority is top-tier domestic regulation and you would be onboarded through an offshore entity
• You live in a jurisdiction Blueberry does not serve
• You are likely to use trading techniques that could interact with broker restrictions without first checking the client agreement

Blueberry explicitly restricts retail access in several jurisdictions. Its global website currently states that applications are not accepted from a list of locations including the United States for ordinary retail customers, Japan and Malaysia, among others.

Is Blueberry Markets good for beginners?

Blueberry Markets has beginner-friendly account access, but leveraged CFD trading itself is not beginner-friendly.

The $100 minimum deposit, Standard Account, demo account and major trading platforms lower the operational barrier to entry. Blueberry's demo account provides $100,000 of virtual capital and uses market-based pricing, although the broker correctly notes that demo execution and liquidity may differ from a live environment.

The bigger issue is leverage.

International customers can potentially access leverage of up to 500:1. At that level, relatively small market movements can produce disproportionately large changes in account equity.

A new trader should therefore view Blueberry's demo account as a useful testing environment, not view high leverage as a benefit to maximise.

Is Blueberry Markets a scam?

There is no reasonable basis from the current evidence reviewed here to describe Blueberry Markets as a scam. Blueberry operates identifiable legal entities, the Australian company holds AFSL 535887, and Blueberry Markets (V) Ltd appears on the Vanuatu Financial Services Commission's active dealer list.

That answer should not be confused with saying Blueberry Markets is risk-free.

Broker legitimacy, regulatory protection, trading risk and customer-service quality are separate questions.

Blueberry passes the basic legitimacy test. Traders should still investigate which entity will hold their account, read the trading restrictions, understand the withdrawal process and decide whether the available regulatory protection is sufficient for the capital they intend to deposit.

Blueberry Markets review: final verdict

Blueberry Markets is a credible choice for forex and CFD traders, especially Australian traders who can open an account with the ASIC-regulated Blueberry Australia Pty Ltd entity.

Its strongest features are the combination of Standard and Raw account pricing, a $100 minimum deposit, MetaTrader and TradingView support, broad CFD market access and highly rated customer service.

The reason this is not an unconditional recommendation is equally clear.

Blueberry's regulatory structure differs by country, advertised spreads are minimum rather than average costs, and there is enough recent negative feedback around withdrawals and account restrictions that serious traders should investigate the terms rather than relying on the overall review score.

Before depositing significant capital, check three things:

• Confirm the exact Blueberry legal entity named in your account agreement.
• Read the withdrawal and prohibited-trading provisions applicable to that entity.
• Test a modest deposit, several representative trades and a withdrawal before scaling the account.

For the right trader, Blueberry Markets is a legitimate and competitive broker. For the wrong jurisdiction or trading style, there may be better-regulated or more suitable alternatives.

CFDs and leveraged forex products carry a high risk of loss. This review is general information and is not personal financial advice.

Frequently asked questions

What is the minimum deposit at Blueberry Markets?

Blueberry Markets currently lists a $100 minimum deposit for both Standard and Raw trading accounts.

What is the Blueberry Markets Raw Account commission?

Blueberry advertises a $7 USD commission per standard lot round turn on its Raw forex account. That is equivalent to $3.50 per side, plus the applicable raw spread.

Does Blueberry Markets offer MetaTrader 5?

Yes. Blueberry Markets supports MetaTrader 5 as well as MetaTrader 4, TradingView, WebTrader and Blueberry X on its main international account offering.

Is Blueberry Markets regulated in Australia?

Yes. Blueberry Australia Pty Ltd trades as Blueberry and identifies Australian Financial Services Licence 535887. Its ABN is 67 646 513 797.

Does Blueberry Markets offer 500:1 leverage?

Blueberry's international account pages advertise leverage of up to 500:1, but the available leverage depends on the jurisdiction and instrument. Australian retail clients are subject to substantially lower regulatory leverage limits.