Blueberry markets review - Regulations, Platforms, Instruments & Ratings

4.474 • 239 REVIEWS
ACY Securities Pty Ltd ACY Capital Australia Limited
Updated: Mar 20, 2023

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 40 forex currency pairs, and over 215 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:, +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: (40+)
Cryptocurrencies: (5+) Bitcoin, Ethereum
CFD: (215+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities

Trading Conditions

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

Managed Accounts & Social Trading

MAM: βœ… Yes
Copy Trading: βœ… Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, BPAY, Dragonpay, Local Bank Deposits, Local Bank Transfers, Neteller, PayPal, Poli, Skrill
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, BPAY, Dragonpay, Neteller, PayPal, Poli, Skrill
4.474 • 239 REVIEWS

Traders Reviews

England, United Kingdom,
Dec 31, 2020,
Registered user

Good broker

Service use: Live Length of use: over 1 Year
24/7 customer service They have tight spreads and fast withdrawals. Overall a good broker.
Reply by Blueberry_Markets submitted Feb 15, 2021:
Thanks for taking the time to give us this review, mate. Cheers!
Kuala Lumpur, Malaysia,
Dec 28, 2020,
Registered user

Creditable and trustworthy

Service use: Live Length of use: over 1 Year
I have been with Blueberry markets for more than three years, feeling secured and comfortable. They are very professional, customer friendly and respond fast to your concern pertaining to trading. I just do not know what to write further, since all dealings with them is simple, just and most acceptable.

I am happy and will stick with Blueberry markets.
Reply by Blueberry_Markets submitted Feb 15, 2021:
Thanks for sticking with us, Hijazi. We're also speechless after reading your review here. Cheers!
Kenya, Kenya,
Dec 27, 2020,
Registered user

World class broker

Service use: Live Length of use: over 1 Year
Bluberry markets is a reliable broker, well regulated with a large capital base.Tight spreads, first execution and good customer services.
Reply by Blueberry_Markets submitted Feb 15, 2021:
We're grateful that you appreciate our services are appreciated all the way from Kenya! Sending you some love from down under, mate. Cheers!
Palm Beach, Aruba,
Dec 13, 2020,
Registered user

Best Broker for Seasoned Traders

Service use: Live Length of use: 3-6 Months
Blueberry Markets is one of the best brokers I have experienced being a seasoned trader. They are the best in its class with beyond exceptional customer service centered around the trader.
Reply by Blueberry_Markets submitted Feb 15, 2021:
Hi, mate. Yes, we always put our clients at the top of our priority. Many thanks for this review, cheers!
Dubai, UAE, United Arab Emirates,
Nov 28, 2020,
Registered user

Spread manipulation and off the charts price spikes

Service use: Live Length of use: over 1 Year
All the reviews you are reading here are from initial users and not long term users. They lure customers by the slick website and friendly initial customer service. The first thing you need to know is that this company (Blueberry Markets) is actually a facelift of the notoriously known scammers of EightCap and you can look at Eightcap reviews yourself. EightCap reviews are so bad that they had to come up with a new front called Blueberry Markets. They use EightCap back end system and even when you deposit money you are depositing to EightCap.

They use a combinations of tactics to ensure your money is gone (even when you’re profiting one way they will find a way to minimise or spike your stop loss). Their best used manipulation method is the games they play with their spreads and the way they increase those spreads as they please (reaches over 350 pips at one point). They will do price hikes that are not seen in any chart and suddenly your money is gone without a trace.

The best way I can describe them is that they are a fake shell front for a known serial scammer called EightCap.

Don’t be fooled by the initial reviews from new users and don’t be fooled by the below response that will eventually come from them.

I have taken my matters to the AFCA and guess what I’m dealing with EightCap not then (which again proves my point; go see EightCap reviews and you will be shocked - this Blueberry front should not even be allowed to happen to lure more innocent traders).

Next will be seeing them at court...
4 traders have found this review helpful
Reply by Blueberry_Markets submitted Dec 10, 2020:
Hi Pheniox! We take reviews and complaints of this nature seriously however considering your complaint is currently going through the dispute resolution process at the AFCA, we will not respond to the allegations in your review here. We do however wish to point out that Blueberry Markets is a trading name of Eightcap Pty Ltd. This is disclosed in our legal documents which you would have received and agreed to when you opened your account with us.
Uk, United Kingdom,
Nov 20, 2020,
Registered user

Laughable reviews

Service use: Live Length of use: over 1 Year
I find it extremely difficult and unbelievable reading the reviews I see here about blueberry forex broker, its either the review writers are paid to write it or those people are ghost(non existence) I have been trading with this broker for over three years now and boy have I ever made any gain or profit trading with them ...answer is big no,its just like they use some kind of AL or algorithms to monitor trades, as soon as you start going into profit all of a sudden everything will change, your platform will change and all your settings will disappear and from there on , no matter what strategy or system you use, you will keep losing trade until they clean you out.
In my opinion anybody that writes any good reviews about this broker is part of their scam trust me
5 traders have found this review helpful
Reply by Blueberry_Markets submitted Nov 24, 2020:
Hi, Anthony! We do not, and we will never pay anyone to leave us reviews. All our reviews are posted by real clients and are a genuine reflection of their experience with us. If you look closely, we do have a couple of negative reviews, just like any other company out there. It just so happens that the majority of our clients are pleased with our service and the negative ones are expected due to the fact that we simply cannot please everybody.

As for the changes with your settings, any settings on someone's platform have nothing to do with us as we don't have the ability to change anyone's settings. Platform settings are locally set and external to Blueberry, meaning we have no control over your platform configuration once installed with the exception of automatic updates from MetaQuotes.

We looked up our records and did not find any Anthony from the UK who has traded with us for over 3 years. We want to get in touch with you to discuss this and sort out whatever issues there may be. Kindly reach out to us at, and we will look into this for you as soon as we receive it. :)

Hanna A.
Client Experience Manager
Lancs, United Kingdom,
Nov 18, 2020,
Registered user


Service use: Live Length of use: 0-3 Months
This is an update will give a more informed and fairer review. After the initial shock of reading their response to my withdrawal request, I was spitting feathers and in an attempt to stop my stomach ulcer from exploding I fired back with a few negative reviews. However after numerous emails and phone calls and a few sleepless nights, my complaint was taken on by Ben, the accounts manager. To be fair he was very apologetic and very helpful and with one swish of his magic wand he made all the nonsense go away and the money was back in my acount within a day:-) I think everyone deserves a second chance so I have kept a small amount in my account and will continue trading with them in the hope that this was just a one off mistake, and who knows, in time I may get rid of the remaining feather stuck in my gullit and offer them that elusive 5th star. I know It is difficult when trying to pick the right broker but if anything this broker has show that if misakes are made, they are willing to put things right quickly, so fair play...hence the 4 stars. Once again many thanks to Ben for sorting this mess out in such a speedy fashion.

Nov 16, 2020 - 1 Star I was highy reccommened this by a guy, it was his top rated broker. Do not be swayed by all the 5 star ratings as these are probably refering to the initial customer service interactions, hence the one star. They are a wolf in sheeps clothing and will kiss your butt until you make a deposit. Read any review on here regarding a withdrawal and if its genuine it will get a one star at most. All I will say is IF you do manage to get a refund it will take at least three months, assuming they are still around.I have contacted my bank and there has been no attempt to transfer the money and there are no restrictions on my card, used to deposit. My card was Authorized the minute they accepted the deposit.

Hi Paul,

We have received your withdrawal request, however, Finance was unable to process as they could not authenticate your card through our bank. In order to process, please contact your bank and ensure refunds from us are enabled on Master 55734...750.

We encountered the following error upon attempting the refund: Declined 58-Transaction not Permitted to Terminal

If we still cannot process the withdrawal to your card, we may instead send to your bank account. All we need from you is a bank statement copy showing your name, account details, and deposit(s) made to your trading account on 8th to 14th Nov 2020.

Unfortunately, due to risk of considerations we can only send to your bank account 90 days after the deposit was made. You can then resubmit your withdrawal request after 10th Feb 2021. If your bank account is with the same bank as the card issuer, we may be able to process within this time-frame.

Also, please keep in mind that banks and intermediaries charge approximately $20 USD for international bank wire transfers.

Let me know if you have any questions.

Kind Regards,

Reply by Blueberry_Markets submitted Feb 15, 2021:
Hi Paul, we appreciate your patience regarding your past issue with us and for updating your review. Truly, Ben is our man. Hopefully in the next few years, we'll earn that 5-star review from you. Please don't hesitate if you encounter any other problems in the future. Cheers!
Accra, Ghana,
Nov 14, 2020,
Registered user


Service use: Live Length of use: 0-3 Months
I am so HAPPY and HIGHLY IMPRESSED with Blueberry Markets due to the following reasons:

1)Withrawals was faster than i expected (Bankwire tranfer took less than two days.....what a SHOCK!!)
2)Customer service personnels are well trained and offer professional services.
3)You have a feeling of high security trading with blueberry markets.
4)low swap charges compared to FXTM
5)All processes from registration to withdrawals very simple as long required documents are provided


Please i would recommed you expand payment systems to accomodate Paypal and African solutions (mobile money) for african users
Reply by Blueberry_Markets submitted Feb 15, 2021:
Hiya, deikod. Wow, thanks for this awesome list – we really appreciate it! We also appreciate you taking the time to write down your suggestions. Hopefully, we'll be able to integrate these in the near future to better cater to our clients in Africa. Cheers!
Tokyo, Japan,
Oct 29, 2020,
Registered user

Solid customer support

Service use: Live Length of use: 3-6 Months
I’ve been a customer with Blueberry markets for the past few months.

Their customer service is top notch and having an assigned account manager (Ben) who will go out of their way to support you promptly is a major plus. I also like the fact that he calls me regularly to see if there’s anything I need.

Their spreads and number of markets provided are also very good. I also like their daily video content (such as trade ideas) provided to all customers by their in-house head analyst.
Reply by Blueberry_Markets submitted Feb 15, 2021:
We're glad that you also appreciate our daily video content on our YouTube – shout out to John Kibbler, our Head Currency Analyst and of course, Ben! Hope everything's well in Japan, mate.
Nairobi, Kenya,
Oct 27, 2020,
Registered user

Withdrawal difficulties

Service use: Live
I withdrew funds using my Visa card on 21st of October and the amount never reflected to my my bank account.
I just confirmed with my bank and the issue has been declined,is this a legitimate broker or a scan because I don't think it's helping me relocate my funds??
Reply by Blueberry_Markets submitted Oct 29, 2020:
Hi Pocqueue, as we have explained to you over email, it normally takes 1-7 business days for a credit card withdrawal to be posted. Please note that the funds were returned to your credit card, not your bank account. Also, we've provided transaction slips that you can show to your card provider if you wish to make a follow-up with them. Please respond to our emails if you have any further questions. :)

-Hanna A.
Page 7 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:

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:

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).