Blueberry’s easy to use trading platforms, including free tools, in-depth trading histories, and access to additional features, are available to the broker’s clients. The broker does not charge anything for using the platforms as they earn via the spreads and commissions that you are charged when you trade. Blueberry Markets has much to offer as it always gives value to its customers in terms of fees and free resources to get the most out of your trading. The broker has a seamless account opening process and easy to use trading platforms for manual and automated trading strategies.
Additional Features
This account is probably most suitable for traders who prefer traditional spread pricing. On the other hand, the Direct account has super-tight spreads starting from 0.0 pips and the commission following every turn being $7. Investors that are looking for raw spreads and fixed commissions will find this account type more interesting.
- 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.
- In this section, Blueberry Markets offer trading courses, information regarding trading platforms, and video tutorials.
- However, the minimum deposit requirement for a professional account is a bit higher than the standard account.
- This diverse range of assets allows traders to trade on the assets that they can analyze best and diversify their portfolios and take advantage of opportunities across different markets.
Opening an Account
- Blueberry Markets is based in Australia and operates under Australian regulatory supervision (ASIC).
- With even more types of pending orders, built-in indicators, analytical objects, and timeframes, it gives traders an advantage over the entire competition.
- Blueberry Markets is an Australian owned, client focused and multi-regulated online brokerage offering you the popular MetaTrader platforms for trading 350+ instruments.
It offers a neat variety of trading instruments at competitive spreads and sizable (albeit proportionately risky) leverage. Moreover, you can get the lowest possible starting spreads if you use a direct account. Speaking of accounts, the platform offers only two and could do with more; extra accounts would make things more flexible for traders. The broker only lists 300+ trading instruments on its main assets page, but it blueberry markets reviews can offer 2200+ trading instruments altogether. On the standard account spreads start from 1 pip and there is no commission charged as broker costs are included within the spread. It has a minimum position size requirement of 0.01 lots and has access to all trading instruments on the MetaTrader platform.
Blueberry Markets Account Types
Traders can choose between the commission-free Standard account or the commission-based Direct alternative. The premium account upgrade for qualifying traders lowers trading fees further. The minimum deposit is $100 for both, and the minimum trade size is 0.01 lots. Blueberry Markets only offers US Dollar accounts but accepts AUD, USD, CAD, GBP, NZD, EUR, and SGD as deposit currencies. A swap-free Islamic account does not exist, and my review found no restrictions on trading strategies.
What is the minimum deposit for Blueberry Markets?
In order to become a Premium client with Blueberry Markets, you must cross a volume threshold as described below. You can even deposit using cryptocurrencies such as Bitcoin (BTC) and Tether (USDT). Blueberry Markets are rated 5 stars with FPA, Trustpilot, and Google Reviews. As of the time of writing this article, there are no Quora entries on this broker.
Raw Account Spreads
You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money. As an “Introducing Broker,” you can earn a commission for each new trader you refer. The final option is the Funds Manager program, which gives you access to MAM/PAMM software, custom commission and performance fees, and a dedicated account manager. You can do it by accessing the platform website and following the steps we have laid out for opening a desktop trading account.
If your country is not accepted, you can find an alternative using our broker comparison tool. At Rationl FX, we prioritize clarity and transparency in all our interactions. Our services are available to everyone free of charge, but we do receive compensation from some of our partners for referring clients to them.
Although MT5 was released after MT4, a still prefer to use the older platform. That is probably because it was the latest version when I got started trading online. However, I do use MT5 from time to time but just find MT4 more user-friendly in general. I think it is more than capable of being enough if you are a casual trader.
Your trading strategy will probably be the deciding factor on the account type that you opt for. Those who day trade or use automated systems may need tight spreads, whilst those who are position traders may prefer to trade without paying a commission. Keep in mind that depending on the asset being traded, the spreads and commission fees may differ. The broker does not offer any cash rebates at the time of writing this review. Pepperstone can give you a volume based discount if you are trading signficant lot sizes. The broker operates an ECN trade execution model and provides a free VPS and quality trading conditions, including tight spreads and competitive commissions.
Yes, Blueberry Markets provides a free VPS service to clients who meet specific deposit and trading volume requirements. The minimum deposit to open a trading account at Blueberry Markets is $100. The VIP Trading Room offers a significant advantage for active traders seeking professional support, personalized recommendations, and exclusive analytical content. However, there is relatively little in-depth daily technical overview or freely available trading recommendations, which might not satisfy experienced traders. These programs are designed for professional traders focused on optimizing trading costs and receiving personalized service. For those who are not ready to spend time on independent trading, Blueberry Markets offers a developed ecosystem of copy-trading and in-built MetaTrader signals.
Account verification at Blueberry Markets is mandatory, as this broker fully complies with global AML/KYC requirements. Most traders will satisfy it by uploading a copy of their government-issued ID and one proof of residency document. Blueberry Markets may ask for additional information on a case-by-case basis. He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.