The safety dossier

Safety first

Blueberry Markets review

Who regulates Blueberry Markets, under which licence, and what that means for your money.

Last checked

Blueberry Markets offers some protection if it fails and not all of it, which is the ordinary offshore trade-off: you gain leverage and lose the safety net. Regulated by ASIC (AFSL 535887); Mauritius FSC (GB24203929); Vanuatu VFSC (700697), offering MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry X, WebTrader.

Our rating

★★★★

One rating, identical across our sites - only the way it is shown changes. It averages six assessments: regulation, trading costs, platforms, markets, support and education.

Regulation and safety

Regulated by
ASIC (AFSL 535887); Mauritius FSC (GB24203929); Vanuatu VFSC (700697)
Regulator tier
Tier 1
Register entry
ASIC Professional Registers, AFSL 535887
Client money segregated
Yes
Held at
Commonwealth Bank of Australia (CBA)
Negative balance protection
Yes
Compensation scheme
No statutory investor compensation scheme
Audited by
Independent external auditors
Not available to
United States retail clients, Japan, Central African Republic, North Korea, Congo, DR Congo/Zaire, Iran, Libya, Mali, Northern Mariana Islands/Saipan, Somalia, South Sudan, Yemen, Ontario, Indonesia and Malaysia

The licence is what decides where your money sits and who is obliged to do something about it.

Blueberry Markets holds a tier-one authorisation from ASIC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

It also operates an offshore entity (VFSC and FSC). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.

ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.

Vanuatu's VFSC is an offshore licence with limited oversight and no compensation scheme. It is often the entity that offers the highest leverage.

An FSC licence (Mauritius or Belize, depending on the entity) is an offshore authorisation with lighter reporting duties than a tier-one regulator.

Check the licence yourself: ASIC Connect, the Mauritius FSC register of licensees.

The company behind the brand

Legal entity
Blueberry Australia Pty Ltd
Company number
ABN 67 646 513 797
Headquarters
Sydney, Australia
Founded
2016
Publicly listed
No
Parent company
Independent
Employees
201-500
Also trades as
Blueberry; Blueberry Markets

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
0.04 pips, Direct
GBP/USD spread
Approx. 0.2 pips, Direct
Commission
US$3.50 per side / US$7 round turn, Direct
All-in cost, EUR/USD
Approx. 0.74 pips
Spread type
Variable
Overnight swap
Both: overnight swaps apply; swap-free accounts available with fixed daily administration charges
Withdrawal fee
None for most methods; international bank transfer fees can apply
Currency conversion
Currency conversion applies; additional spread/fee may be applied

Cost is the last thing to weigh here, and never the thing that should decide it.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Blueberry Markets lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Platforms and tools

Platforms
MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry X, WebTrader
Own platform
Yes, Blueberry X
Mobile app
Both proprietary and third-party
Browser trading
Yes
Automated trading
Yes; EAs, cBots and algorithmic trading supported
Copy trading
Yes, Blueberry Social and cTrader Copy
Indicators
100+ through TradingView; 30+ MT4; 38+ MT5; custom cTrader indicators
Third-party tools
TradingView, Acuity, Blueberry Pulse
API access
Yes, via cTrader API

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

cTrader shows depth of market and level II pricing, and is usually paired with raw-spread accounts rather than fixed-spread ones.

TradingView integration lets you trade from charts you may already use, removing the need to run a second platform for analysis.

Markets and execution

Markets
Forex, Shares, Indices, Commodities, Metals, Cryptocurrencies
Currency pairs
60+
Total instruments
2,000+
Crypto CFDs
Yes
Maximum leverage
1:30
Execution model
ECN / no dealing desk
Execution speed
Approx. 100ms
Order types
Market, limit, stop, stop-limit, stop-loss, take-profit, trailing stop
Servers
Global financial data-centre infrastructure

Leverage is capped at 1:30, which is the retail limit under tier-one regulation. It is a protection rather than a restriction: it caps how quickly a position can move against your balance.

Blueberry Markets covers forex, shares, indices, commodities, metals, cryptocurrencies. A wider range matters less than depth in the instruments you actually trade.

Funding options: visa, mastercard, bank transfer, skrill, neteller, paypal, fasapay, poli, cryptocurrency and regional methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Accounts

Minimum deposit
$100
Account types
Standard, Direct/Raw, Swap-Free, Professional, Demo
Account currencies
AUD, USD, EUR, GBP, CAD, NZD, SGD, CHF
Islamic account
Yes
Demo account
Yes, $100,000 virtual funds
Professional account
Yes
Minimum trade size
0.01 lots
Time to open
Typically a few minutes

Deposits and withdrawals

Deposit methods
Visa, Mastercard, bank transfer, Skrill, Neteller, PayPal, FasaPay, POLi, cryptocurrency and regional methods
Withdrawal methods
Bank transfer, Visa/Mastercard, Skrill, Neteller, PayPal and supported e-wallet/local methods
Deposit time
Most electronic deposits instant; bank transfers typically 1-3 business days
Withdrawal time
Processed within 24 business hours; arrival typically 1-3 business days
Minimum withdrawal
$50
Local payment methods
BPAY; PayID; POLi; FasaPay; DragonPay and regional bank/e-wallet methods

Support and education

Support hours
24/7
Contact channels
Live chat, email, phone
Languages
Multilingual
Telephone
+61 2 8404 9486
Email
global@blueberrymarkets.com
Live chat response
Typically under 1 minute
Education
Extensive: educational articles, trading guides, platform tutorials, webinars and educational resources
Research
Blueberry Pulse, Acuity market data, market analysis, news and trading insights

Information is regularly updated. Last compiled from Blueberry Markets's own website on 26 August 2026.

Questions people ask about Blueberry Markets

What happens to my money if Blueberry Markets goes bust?

Blueberry Markets sits behind No statutory investor compensation scheme. A scheme covers eligible clients of the entity that holds the licence, so the entity you were onboarded to decides whether it covers you.

Which bank actually holds client money at Blueberry Markets?

Blueberry Markets holds client money with Commonwealth Bank of Australia (CBA), in accounts kept separate from the firm's own. Almost no comparison site publishes this, and it is the thing that decides how quickly you would see your money again if the broker failed.

Can I lose more than I deposit with Blueberry Markets?

Blueberry Markets provides negative balance protection, so a gap through your stop should not leave you owing money. It is usually a rule of the regulator rather than a favour from the broker, which means it can differ between the entities one brand operates.