Blueberry Markets Review
4.3

Blueberry Markets Review

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Founded in 2016, Blueberry Markets is an Australian-based broker specializing in forex and CFD trading. It is regulated by ASIC, ensuring compliance with industry standards. They offer versatile trading platforms like MT4 and MT5, accessible through WebTrader, desktop, and mobile versions. With a diverse range of over 60 forex currency pairs and 1000+ CFDs, including market indexes, shares, futures, precious metals, oil, and cryptocurrencies, Blueberry Markets provides ample options for personal investment and trading. The company is dedicated to offering traders worldwide an exceptional platform featuring ultra-tight spreads backed by unwavering 24/7 client support.

About Blueberry Markets

Based in Sydney, Australia, Blueberry Markets is a globally esteemed brokerage firm. Founded in 2016, it is led by CEO Dean Hyde. The company offers traders highly favorable conditions, including tight spreads and minimal commission fees. Traders also have the flexibility to choose from two distinct account types for MT4 and MT5, accessible via WebTrader, desktop, and mobile versions. The platform facilitates trading across a wide array of instruments, including forex pairs, indices, shares, futures, precious metals, oil, and cryptocurrencies. With an experienced management team at the helm, Blueberry Markets is driven by a commitment to provide traders worldwide with a superior platform and a steadfast dedication to supporting clients 24/7.

Account Types

Blueberry Markets provides traders from all across the globe with the opportunity to choose between two distinct account types:

  • Standard Account Type
    • No restrictions on trading strategy (Scalping allowed)
    • Spreads starting at 1.0 pips
    • No commission fees
  • Direct Account Type
    • No restrictions on trading strategy (Scalping allowed)
    • Spreads starting at 0.0 pips
    • Low commission fees (3.5 USD per lot, per side)

Trading Instruments

Blueberry Markets offers traders a carefully curated range of trading instruments, providing them with entry to the globally recognized and highly liquid financial markets. This guarantees traders access to trading opportunities 24/7.

Trading InstrumentNumber of Trading Instruments
Forex37 Currency Pairs
SharesOver 2,000 Shares
Cryptocurrencies5 Cryptocurrencies
Commodities5 Commodities
Indices9 Indices

Trading Platforms

Blueberry Markets provides access to two widely renowned global trading platforms, MetaTrader 4 and MetaTrader 5. These platforms are accessible on both desktop and mobile devices, offering traders a high degree of flexibility in their choice of operating devices.

MetaTrader 4

MetaTrader 4 stands as an advanced trading platform that has established itself as a standard tool for experienced Forex traders, facilitating trade execution even in the absence of an active device. It is characterized by its intuitive user interface, an extensive array of technical analysis tools for prognosticating market trends, live updates on currency prices, and a host of additional features. Noteworthy components of MetaTrader 4 encompass mobile trading capabilities, access to trading signals, and comprehensive financial market insights, all of which serve to elevate and enrich the overall Forex trading encounter. Furthermore, it provides support to traders in more than 30 languages globally, along with three distinct trade execution modes, instant execution, execution on request, and execution on the market.

MetaTrader 5

MetaTrader 5 stands as a robust automated trading platform, providing sophisticated tools for meticulous trading analysis and execution in the realm of financial markets. Beyond its ability in Forex trading, the MetaTrader 5 platform extends its capabilities to trade Stocks, CFDs, and Futures. It boasts a diverse array of order types and execution modes, affording traders the capacity to implement tailored trading strategies even in offline settings. With the capability to simultaneously open up to 100 charts and access 21 distinct timeframes, the platform empowers users to conduct in-depth analysis of price movements, even based on minutes. Additionally, it offers a comprehensive suite of 80 technical indicators and 44 analytical objects, allowing you to enhance your trading experience.

Safety

Established in 2015, Blueberry Markets is a broker with regulatory oversight from various financial authorities around the world. These encompass the following two:

  • ASIC – Australian Securities and Investments Commission
  • SCB – Securities Commission of The Bahamas

Blueberry Markets offers the option to open a trading account with one or more of their authorized entities, depending on your country of residence. This is of significant relevance for individuals interested in setting up an account with Blueberry Markets, as the level of investor protection and regulatory supervision varies based on the particular entity you are affiliated with.

Country of ClientsLegal EntityRegulatorProtection Amount
AustraliaACY Capital Australia LLCASICNo protection
All other countriesBlueberry Markets LLCSCBNo protection

Blueberry Markets provides protection against negative balances. Should your account balance drop into the negative, you will be covered.

Customer Support

Blueberry Markets excels in delivering top-tier customer support via email, phone, and live chat, accessible 24/7 worldwide. Whether you prefer detailed emails, direct conversations, or real-time chats, Blueberry Markets tailors their support to your preferences.

  • Email Support

Blueberry Markets distinguishes itself with its exceptional email support, pledging clients a swift response within a 24-hour period of contact. This dedication to timely correspondence guarantees that clients promptly receive the assistance they require.

  • Live Chat Support

Alongside its superb email support, Blueberry Markets offers an exceptional live chat service. This feature connects you promptly with a well-informed agent committed to furnishing you with the specific information you’re looking for. This immediate, real-time support guarantees that you can make well-informed decisions swiftly and efficiently.

  • Phone Support

Finally, Blueberry Markets also extends phone support. Clients can anticipate receiving prompt and accurate responses to their inquiries, with a fast reaction time from the moment they get in touch. This commitment to rapid assistance underscores the company’s dedication to delivering seamless support through all communication avenues.

Exclusive: When Is Using a VPS & Trade Copier Beneficial?

Using VPS and Trade Copier services in financial market operations can prove highly beneficial in specific situations. Before going into specifics, it’s essential to first understand what a VPS and a Trade Copier actually are and the advantages they offer.

VPS

A VPS, short for virtual private server, is a system that houses the necessary software and data for operating an application or website. The term virtual indicates that it utilizes only a fraction of the underlying physical resources of the server, which are overseen by an external provider. Nevertheless, you have exclusive access to your allocated resources on this hardware.

When is Using a VPS Beneficial?

  • When trading with Expert Advisors (EAs)
  • When trading with multiple Brokers/Proprietary Trading Firms through a Trade Copier
  • When trading through a Mac device

Trade Copier

A trade copier is essentially a software tool employed to duplicate trades across numerous trading accounts. It stands out as the most convenient and effective method for simultaneously managing multiple trading accounts, allowing for the execution of identical trades across various trading platforms.

When is Using a Trade Copier Beneficial?

  • When trading with numerous Brokers
  • When trading with numerous Proprietary Trading Firms
  • When looking to spread risk between numerous trading accounts

Why should you connect a VPS and Trade Copier with numerous trading accounts?

As stated above, incorporating a VPS and Trade Copier into your trading activity can provide a wide range of advantages. For example, when pairing them with multiple trading accounts, you can strengthen the benefits they offer to an even larger extent.

Example of connecting five trading accounts, a VPS, and a Trade Copier

DeviceBenefits
VPS (Forex VPS)Provides Low Latency & 24/7 Connection
Trade Copier (Local Trade Copier)Provides Connection Between The 5 Trading Accounts
Trading AccountAccount SizeAccount Type
Broker Account #1€5,000 AccountMaster Account
Prop Firm Account #1$100,000 AccountCopier Account
Prop Firm Account #2$50,000 AccountCopier Account
Broker Account #2$8,000 AccountCopier Account
Prop Firm Account #3$300,000 AccountCopier Account
Trading AccountAccount SizeRisk per Position
Broker (IC Markets)€5,000 Account2% per trade (€100)
Prop Firm (FundedNext)$100,000 Funded Account0.6% per trade ($600)
Prop Firm (Funding Pips)$50,000 Evaluation Account0.5% per trade ($250)
Broker (Pepperstone)$8,000 Account4% per trade ($320)
Prop Firm (The Funded Trader)$300,000 Funded Account0.8% per trade ($2,400)

By utilizing a VPS server, you’ll ensure yourself a consistently low latency and a robust connection, ensuring uninterrupted operation of your Trade Copier 24 hours a day, 7 days a week. When integrated into your network of trading accounts linked by a Trade Copier, this can lead to substantial improvements in your trading outcomes. This is because you will no longer need to manually execute trades across all your accounts. Instead, simply execute the trade on your Master account, and the Trade Copier will automatically replicate it across all the connected Copier accounts. By employing this approach and configuring specific risk parameters for each linked trading account, you can enhance your risk management for each position, regardless of the current balance available in any of your trading accounts.

Education

Blueberry Markets provides its clients with an extensive array of valuable educational materials. These include a demo account, three tiers of trading programs: beginner, intermediate, and advanced, educational content tailored for trading on both MT4 and MT5, as well as a diverse selection of instructional video tutorials.

  • Beginner Trader Program

The Beginner Trader Program by Blueberry Markets is tailored for those taking their first steps in the world of trading. This comprehensive program provides foundational knowledge, covering essential concepts, trading strategies, and practical insights. Through structured lessons and hands-on exercises, beginners gain confidence and proficiency in navigating the financial markets. With Blueberry Markets’ guidance, novice traders can embark on their trading journey with a solid understanding and a strong foundation for future success.

  • Intermediate Trader Program

Blueberry Markets’ Intermediate Trader Program is designed for traders with some experience under their belt. This program takes your skills to the next level, delving deeper into advanced trading strategies, technical analysis, and risk management techniques. With a focus on refining your trading approach, participants gain the expertise needed to make more informed and calculated decisions in the financial markets. This program is a crucial stepping stone for traders looking to enhance their proficiency and take their trading to a higher level of success.

  • Advanced Trader Program

Blueberry Markets’ Advanced Trader Program is tailored for seasoned traders seeking to refine their strategies and optimize their performance in the financial markets. This program delves into intricate trading techniques, advanced risk management, and in-depth market analysis. Participants will gain the expertise and insights needed to navigate complex market conditions and make well-informed trading decisions. With Blueberry Markets’ advanced program, experienced traders can take their skills to new heights, positioning themselves for even greater success in their trading endeavors.

  • Trading on MT4 & MT5

Blueberry Markets’ Trading on MT4 and MT5 educational section is a comprehensive resource designed to assist traders using these popular platforms. It covers everything from platform navigation to advanced features, ensuring traders make the most of their MetaTrader experience. With clear tutorials and practical insights, users can harness the full potential of MetaTrader 4 and MetaTrader 5 for their trading endeavors.

  • Video Tutorials

Blueberry Markets’ video tutorial section is a valuable resource providing visual and practical guidance for traders. These tutorials cover a range of topics, including platform navigation, trading strategies, and market analysis.

Conclusion

In conclusion, Blueberry Markets distinguishes itself as a top-tier Forex broker in the industry, offering the powerful MetaTrader 4 and MetaTrader 5 trading platforms. Their smooth account opening process and competitive trading fees, including free deposits and withdrawals, set them apart. Providing a choice between two distinct account types, coupled with tight spreads and minimal commissions, underscores their commitment to creating favorable trading conditions for traders worldwide. Notably, their robust regulatory framework allows users to select authorized entities based on their country of residence, enhancing security for those partnering with Blueberry Markets. Furthermore, their extensive range of free educational resources, including beginner, intermediate, and advanced programs for traders of all levels, educational sections for trading with MT4 and MT5, and numerous video tutorials, showcases their dedication to providing essential knowledge. It’s important to note that Blueberry Markets also offers potential integration of VPS and Trade Copier services. In summary, Blueberry Markets emerges as a reputable broker dedicated to serving traders across all experience levels, solidifying its position as an excellent choice within the broker industry.

Blueberry Markets Review Details

Regulations
Trading Platforms
Base Currencies
Location
CEO
Incorporation Year
4.0
Technology
4.0
Trading Conditions
4.0
Safety
5.0
Customer Support
4.3 Overall Rating

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Blueberry Markets Review
4.3/5