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Blueberry Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-06-06 15:38

Abstract：Trade Forex, CFD shares, crypto CFDs, commodities, metals, indices on MT4/MT5 at Blueberry Markets. Access demo accounts, low fees, and professional tools. Regulated for safe trading.

Blueberry MarketsReview Summary
Founded	2015
Registered Country/Region	Australia
Regulation	Regulated
Market Instruments	Forex, CFD shares, crypto CFDs, commodities, metals, indices
Demo Account	✅
Leverage	Up to 1:500
Spread	From 1.0 pips (STANDARD)
Trading Platform	MT4/MT5/web
Min Deposit	$100
Customer Support	Live chat
	Contact form
	24/7 customer support
	Youtube, facebook, X, instagram, linkedin
	Tel: +61 2 7908 3946
	Tel: +61 2 8039 7480
	Email: customer-care@blueberrymarkets.com
Regional Restrictions	US, Japan, Central African Republic, North Korea, Congo, Zaire, Indonesia, Iran, Iraq, Libya, Mali, Myanmar, Saipan, Somalia, South Sudan, Syria, Yemen, Ontario, and Russian Federation clients are not allowed

Blueberry Markets Information

　　Blueberry Markets is a regulated broker, offering trading on forex, CFD shares, crypto CFDs, commodities, metals and indices with leverage up to 1:500 and spread from 0.1 pips on MT4/MT5 and web-based trading platform. The minimum deposit requirement is $100.

Pros and Cons

Pros	Cons
Tight spreads	US clients are not allowed
Free $100,000 demo money	High minimum deposit requirement ($100)
MT4/MT5 platform

Is Blueberry Markets Legit?

　　Yes. Blueberry Markets is regulated by ASIC to offer services.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	Australia Securities & Investment Commission	Regulated	BLUEBERRY AUSTRALIA PTY LTD	Market Maker (MM)	000535887
	Australia Securities & Investment Commission	Regulated	BLUEBERRY PRIME PARTNERS PTY LTD	Straight Through Processing (STP)	000364411
	Australia Securities & Investment Commission	Regulated	BLUEBERRY MARKETS PTY LTD	Appointed Representative(AR)	001245440

What Can I Trade on Blueberry Markets?

Tradable Instruments	Supported
Forex	✔
CFD shares	✔
Commodities	✔
Indices	✔
Crypto CFDs	✔
Metals	✔
ETFs	❌
Bonds	❌
Stocks	❌

Account Type

　　Here are two account types Blueberry Markets offers:

Account Type	Min Deposit
Standard	$100
Raw	$100
Demo	✅

Leverage

　　The broker offers max leverage at 1:500. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Blueberry Markets Fees

　　Trading Fees

Account Type	Commissions
Standard	$0
Raw	$7

　　Blueberry Markets Spreads

Account Type	Spreads
Standard	From 1.0 pips
Raw	From 0.0 pips

　　Non-Trading Fees

　　The broker does not charge any fees for forex or CFD products apart from swaps, swap-free administration fees, and access fees for ASX200 (available upon request).

　　Clients who want to trade the ASX200 would have to pay AUD $28 per month, in addition to a 0.1% commission of the notional value traded.

　　If a trader's commission exceeds $28 over the course of a month, we will waive the monthly fee.

　　Swap Rates

　　Swaps apply to trades held past rollover (23:58 – 00:02 platform time). They are tripled on Wednesdays or Fridays, depending on the instrument.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, mobile	Beginners
MT5	✔	Desktop, mobile	Experienced trader
WebTrader	✔	Desktop, mobile	/

Deposit and Withdrawal

　　The broker accepts payments via bank transfer, VISA and mastercard. The minimum deposit amount is $100.

　　No minimum withdrawal amount defined. Withdrawals are processed within 24-48 business hours from the time the request is submitted in the Client Portal.