Blueberry markets review - Regulations, Platforms, Instruments & Ratings

4.497 • 241 REVIEWS
ACY Securities Pty Ltd ACY Capital Australia Limited
Updated: Jun 9, 2023
BlueberryMarkets.com

5 star review by Clive66, United Kingdom

Opened an account with ease and received a call from my account manager at Blueberry Markets the next day to welcome me. Support are quick to respond to any questions should you need them. Shortly after opening my account I had a family emergency and had to withdraw funds, they were in my Bank the next day... impressive service!
If you want a top level broker and are happy to use MT4 you can't go wrong with Blueberry Market.

What is Blueberry Markets?

Blueberry Markets is an Australian forex and CFD broker established in 2016 and regulated by ASIC (Australia) and VFSC (Vanuatu).

Blueberry broker offers the MT4 and MT5 trading platforms available as a WebTrader and as desktop and mobile versions. Blueberry market trading instruments include over 60 forex currency pairs, and over 1000 CFDs on market indexes, shares, futures, gold, silver, oil, and cryptocurrencies for your personal investment and trading options.

Broker allows all trading styles including trading robots, scalping and spike trading. Also supported are both Copy Trading and managed account services.

Please read Blueberry Market Reviews below and share your live trading experiences with this broker.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $100
Established: 2016
Address: Level 4, 15 Blue St, North Sydney, New South Wales, 2060, Australia
Contact: global@blueberrymarkets.com, +61 280397480
Regional offices:
Regulators: ASIC #403863, VFSC #012868
Prohibited countries:
Trading platforms: MT4, MT5, WebTrader
Web Trading: βœ… Yes
Mobile Trading: βœ… Yes

Trading Instruments

Currencies: (60+)
Cryptocurrencies: (10+) Bitcoin, Ethereum
CFD: (2210+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities

Trading Conditions

Hedge: βœ… Yes
EAs/Robots: βœ… Yes
News Trading: βœ… Yes
Scalping: βœ… Yes

Managed Accounts & Social Trading

MAM: βœ… Yes
PAMM: βœ… Yes
Copy Trading: βœ… Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Credit/Debit Card, Cryptocurrency, Dragonpay, FasaPay, Local Bank Deposits, Local Bank Transfers, Neteller, PayTrust, PayTrust88, PerfectMoney, Poli, QR Payment, Skrill, SticPay, UnionPay
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Credit/Debit Card, Cryptocurrency, Dragonpay, FasaPay, Neteller, PayTrust, PerfectMoney, Poli, QR Payment, Skrill, SticPay, UnionPay
4.497 • 241 REVIEWS

Traders Reviews

P
Yishun, Singapore,
Sep 2, 2019,
Registered user

A reliable and honest forex broker

Service use: Live Length of use: 0-3 Months
Initially, when I read so many good reviews regarding Blueberry Markets broker performance, I am rather skeptical about the good ratings. Yet, I realize that the number of feedback are quite significant and do not confined to the same continent (Australia). Somehow, this broker crossed my path when I was shortlisting some Australian forex brokers as a backup to my current broker which was in the process of migrating their overseas clients from ASIC regulated accounts in Australia to CIMA regulated accounts in Cayman islands.

3 brokers were shortlisted: Axis Trader, Global Prime and Blueberry Markets. At the end of the day, I have chosen Blueberry Markets as my 2nd forex brokers in Australia based on the following reasons:

1) I was served by a senior sales executive for opening a demo trading account on 29th May 2019. I have a lot queries especially regarding the differences between ECN and non-ECN accounts. He would take great patience to answer and clarify all my doubts through email and by phone. The service I received from other brokers in Australia, Singapore, London and Cyprus pale in comparison to the one I receive from him based on demo trading account criteria.

2) His customer-oriented service remains consistent when I switch to live trading on 9th July 2019. He seems to know how to draw a fine line as to when to render me good support when I need the most and when to leave me alone when I no longer need his help. One point worth commending is that he often offers very flexible and practical solution/suggestions regarding how to get the most profit by taking the initiative to absorb the administrative cost associated with fund remittance or by suggesting broker to broker fund transfer if such an options are available with the other brokers.

When I request his help to open multiple currencies trading accounts for example, he would get it done efficiently within 10 mins although there is a time lag of a few hours due to the difference in time zone between Singapore and Australia. While other account managers/sales executives from other brokers try to complicate matters, he only simplifies it so that you can focus on your trading instead of getting frustrated dealing with all the unnecessary administrative work. His good follow-up skills ensure that all the loose-end are well taken care of and you don’t have to waste time entertaining it.

Thanks to his excellent support and recommendation of using low spread ECN Professional trading account , my USD and SGD denominated accounts have been growing steadily with positive returns since I started trading live in July.

3) Recently, I have tried withdrawing funds using credit card method. I am pleasantly surprise to learn that the fund was transfer to my account the following day as per what their website claim. Another point worth highlighting is that funds deposit takes less than a minute using credit card method. Trade execution is normally fast and the spread is observed to be low most of the time except during the initial few hours when Australian market trading hour starts.

Frankly speaking, I have worked with a number of forex brokers from different parts of the world and it is rare to have one who has excelled with high score in every aspect you would consider very important (customer service, reliability, ease of fund deposit/withdrawal ….etc.). Although you can never find one broker that is perfect, this broker is second to none. I am convinced that this is a broker that really wants you to succeed.

If you are skeptical about my review, you are welcome to give their demo account a try and assess how excellent their service are.
1 trader has found this review helpful
P
Reply by Blueberry_Markets submitted Apr 24, 2020:
I can’t even begin to explain how much your review meant to us. Thank you so very much, patguay! We will continue to delight you as much as we can!

Hanna A. | CS Lead | Blueberry Markets
G
Cape Town, South Africa,
Sep 2, 2019,
Registered user

Great experience so far!

Service use: Live Length of use: 0-3 Months
Trustworthy broker, haven't had any issues with them.
Quick response time when you've got questions, really helpful staff as well.
5/5
G
Reply by Blueberry_Markets submitted Apr 27, 2020:
Thank you so much for the review! We promise to always be helpful as much as we can. :)

Hanna A. | CS Lead | Blueberry Markets
J
Jay
Cape Town, South Africa,
Aug 25, 2019,
Guest

Awesome!

Service use: Live Length of use: 0-3 Months
Blueberry markets is absolutely great, they are always willing to help if you have questions and they respond within seconds on the site chat room. They're extremely helpfull and i would definately recommend them.
J
Reply by Blueberry_Markets submitted Apr 27, 2020:
We certainly are always helpful! So is there anything I can help you with that will also help us earn the one missing star from you? :D Let me know by reaching out to support@blueberrymarkets.com.

Hanna A. | CS Lead | Blueberry Markets
K
KAMTE
MARSEILLE, France,
Aug 24, 2019,
Guest

They really care, even about the small individual trader.

Service use: Live Length of use: 0-3 Months
With zero deposit, even before They opened my account, I had sent them some mails on personnal issues. By their answers, I could tell that they had carefully studied my case. I really appreciated.
Other things I like with Bluberry are the "Daily confirmation" and the "Monthly statement". I find these two services so important and I had not experienced them with my former brokers. I also appreciate the closeness impression I have with my account manager.
What I like less are the spreads (high) with my trades but I can understand and tolerate because I trade very late in the night, with very low volumes.
K
Reply by Blueberry_Markets submitted Apr 27, 2020:
Couldn't agree more! With Blueberry Markets, every trader is treated the same – with care, respect, and excellent service no matter what their trading volume is. :)

Hanna A. | CS Lead | Blueberry Markets
U
duisburg, Germany,
Aug 22, 2019,
Registered user

Worst Broker

Length of use: 0-3 Months
Repainting broker. Lets you think you win but takes all your money. BIG NO. Don't fall for this guys. Search good brokers/ This is for sure not the one you search for. I've spent you a lot of headaches and money if you listen to me. Do not use this broker
4 traders have found this review helpful
U
Reply by Blueberry_Markets submitted Aug 25, 2019:
Dear U1traV1rus,

We're sorry to hear of your negative experience with Blueberry. I'd like to work with you personally to resolve the issue, to do so please contact me directly via email on sebastian.morgan@blueberrymarkets.com or call +61 2 8404 9485.

Kind regards,
Sebastian Morgan - Head of Client Experience at Blueberry Markets
W
South Africa, South Africa,
Aug 21, 2019,
Registered user

Excellent!

Service use: Live Length of use: 3-6 Months
BY far the best service i had no problems opening a account and they even understood all my documentation right of the block. My account manager was a great help and explained everything perfectly. Funding the account is easy and withdrawals are even better!
W
Reply by Blueberry_Markets submitted Apr 27, 2020:
Thank you so much! We will strive to stay being the best for you. ;)

Hanna A. | CS Lead | Blueberry Markets
T
South Island, New Zealand,
Aug 21, 2019,
Registered user

So far so good with Blueberry

Service use: Live Length of use: 3-6 Months
They're living up to the reviews so far, which I'm very pleased about. NZ changed the rules a few months back and I had to close my account with Oanda. A couple of weeks of searching and reading reviews led me to Blueberry and a couple of others - it was really a coin toss between them, but Blueberry won and no issues at all.

I've had the Blueberry account for a few months now and my account manager has been there when I've needed anything. My expectations have been met and I'll be considering making them my main account over the next few months.
T
Reply by Blueberry_Markets submitted Apr 27, 2020:
Thank you so much! We hope to be your main account for good, so if there's anything you need, just let us know. :)

Hanna A. | CS Lead | Blueberry Markets
T
Soshanguve block L 1374, South Africa,
Aug 20, 2019,
Registered user

Best broker

Service use: Live Length of use: 3-6 Months
Honestly I really thought they are too good to be true but once I familiarized myself with the way they operate I'm very impressed they actually save you from yourself and that's what we need as trader's especially new one's.
T
Reply by Blueberry_Markets submitted Apr 28, 2020:
Thank you for your kind words, Tisetso1374. This means a lot!

Hanna A. | CS Lead | Blueberry Markets
B
Auckland, New Zealand,
Aug 20, 2019,
Registered user

Good spreads and liquidity

Service use: Live Length of use: 0-3 Months
Recently signed up with Blueberry Markets after Tallinex folded but already I see much improved spreads and liquidity.

Signing up was made easy by an account manager. Happy to recommend.
B
Reply by Blueberry_Markets submitted Apr 28, 2020:
Yes, our account managers (and the customer support team) always aim to make everything from application to withdrawal a smooth process for every trader. Thank you for the review!

Hanna A. | CS Lead | Blueberry Markets
O
Medellin, Colombia,
Aug 20, 2019,
Registered user

Blueberry is a honest broker.

Service use: Live Length of use: 6-12 Months
Good afternoon. Blueberry is a serious, honest broker and has low spreads. They have excellent managers. Thank you.
O
Reply by Blueberry_Markets submitted Apr 28, 2020:
Indeed, we are. We want to be as transparent as possible with everything. :) Thank you for the review!

Hanna A. | CS Lead | Blueberry Markets
Page 14 of 26

Frequently Asked Questions

What is Blueberry Markets?

Blueberry Markets is a forex broker, which means it allows traders to try to make money by trading the exchange rates between currencies.

Blueberry offers the MT4 and MT5 trading platforms. In addition to currencies, Blueberry Markets also allows clients to trade stock indexes, metals and other CFDs.

Is Blueberry Markets a good forex broker?

The best way to answer if Blueberry Markets a good forex broker is to read the unbiased traders reviews on ForexPeaceArmy here: https://www.forexpeacearmy.com/forex-reviews/13312/blueberrymarkets-forex-brokers

Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

Additionally, we recommend to check recent Blueberry Markets community discussions: https://www.forexpeacearmy.com/community/tags/blueberry-markets/

Are Blueberry Markets regulated?

Yes, Blueberry Markets is regulated. It is under Australia's ASIC regulation with AFSL number 391441 (as ACY Securities Pty Ltd) and the Vanuatu Financial Services Commission (VFSC), number 012868 (as ACY Capital Australia Limited).