Background
Blueberry Markets is an Australian trading firm with a focus on the forex and CFD industries. The broker is especially known for its completely transparent business dealings plus outstanding customer service. Established in the year 2016, the broker is fully recognized and regulated by the Australian Securities and Investments Commission (ASIC). Blueberry Markets serves traders at all levels in this sector. Users are entitled to operate a wide range of tradable instruments and gain competitive spreads, besides availing industry-leading trading platforms like MetaTrader 4 and MetaTrader 5.
Merits and Defects
Merits:
- High-Tech Platforms
- Wide Range of Research/Education Tools
- Easy account opening
- ECN trading environment
- Good education resources
Demerits:
- Limited Country Range
- Limited information about the trading conditions
- Withdrawal processing time may vary
Security
Blueberry Markets places emphasis on protecting its clients through robust regulation:
- Regulation: Abides by strict financial regulations as stipulated in ASIC's regulation.
- Segregated Accounts: Keeps revenue and the client's funds apart.
- SSL Encryption: Protects transactions and client data.
Tradable Instruments
Blueberry Markets offers an extensive portfolio of financial instruments:
- Currency Pairs: Fx trading on over 50 pairs - majors, minors, and exotics.
- Commodities: Includes gold, silver, oil, gas, and agricultural commodities.
- Indices: CFDs on indices across the globe, with NASDAQ, S&P 500, and FTSE 100.
- Stocks: CFDs on equity shares of leading global corporations.
- Cryptocurrencies: Bitcoin, Ethereum, and Ripple.
| Available tools | Forex, shares/stocks, indices,metals, energy, cryptocurrencies |
|---|---|
| Cryptocurrencies | BTC, ADA, ETH, LTC, XRP, BTC Cash, DASH, XMR, USDT, BNB, LINK, EOS, DOT, DOGE, XLM,ZEC, TRX, Neo, VeChain |
| CFD | Cryptocurrency: 14 Stocks: 100 |
Account Types
Standard
| Minimum deposit | 0 |
|---|---|
| Commission | 1.0 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:500 |
| Margin call level | 100 |
| Stop-out level | 50 |
DirectFX
| Minimum deposit | 0 |
|---|---|
| Commission | 0.0 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:500 |
| Margin call level | 100 |
| Stop-out level | 50 |
Fees and Commissions
Blueberry Markets maintains proceeds congruently very clear:
- Spreads: Starting from 1.0 pips on Standard Accounts and 0.0 pips on ECN Accounts.
- Commissions: $7 round trip per lot on ECN Accounts.
- Non-Trading Fees: No deposit or withdrawal fees; generally, inactivity fees apply after prolonged dormancy.
Trading Platforms
| Available tools | Forex, shares/stocks, indices,metals, energy, cryptocurrencies |
|---|---|
| Cryptocurrencies | BTC, ADA, ETH, LTC, XRP, BTC Cash, DASH, XMR, USDT, BNB, LINK, EOS, DOT, DOGE, XLM,ZEC, TRX, Neo, VeChain |
| CFD | Cryptocurrency: 14 Stocks: 100 |
It furnishes trading applications as well:
- MetaTrader 4 (MT4): Customary for forex trading with its advanced visualization equipment and automated trading.
- MetaTrader 5 (MT5): More asset classes and facilitates better trading features.
- Mobile Trading: Both MT4 and MT5 apps are available for iOS and Android.
- WebTrader: Trading that is available without installation of any software through your browser.
Customer Support
Known for excellent customer service, Blueberry Markets foster exceptional client relationships through:
- Live Chat: Accessible round the clock, 24/5 to offer immediate assistance.
- Email Support: Email queries will be answered within 24 hours.
- Phone Support: Access to support members directly by making calls during business hours.
- Educational Resources: The lessons include webinars, short clips of tutorials, and market analysis for traders.
Opening an Account with Company
Registration is simple and easy:
- Fill up the online form at Blueberry Markets for registration.
- Provide identification exigencies for verification.
- Deposit monies by following requisite payments through any of the ways provided.
Deposit and Withdrawal
Blueberry Markets offers trading with convenience and cost-effectiveness:
- Bank wire, credit, and debit cards for payment modes, Skrill, Neteller as well as some more e-wallets.
- Deposits happen instantly, but withdrawals take anywhere between one and three business days.
- No deposit and withdrawal fees applied except for most payment channels.
FAQ
Does Blueberry Markets fall under a regulated company?
Yes, Blueberry Markets is regulated by the Australian Securities and Investments Commission (ASIC).
What trading platforms are available?
Blueberry Markets offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for desktop, mobile, and web trading.
How much is required to open an account as a minimum deposit?
The minimum deposit required for a Standard Account is 100 dollars.
What is the maximum leverage that people can use?
Leverage safely extends to 1:500 at Blueberry Markets for forex trading.
This detailed study used cases, facts, and figures to give people all the data they need covering aspects of Blueberry Markets on fees and touches on how to trade on it. At times, outside sources were used, such as personal experiences, other reviews, and so on, to make this in-depth research more comprehensive.