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Blueberry Markets Review
Blueberry Markets is an Australian founded broker with its own ASIC licence plus offshore entities in Vanuatu and Mauritius. Some clients report slow withdrawals.
Min Deposit
$100
Spreads From
Around 0.8 pips Standard, 0.0 pips plus $7 commission on Direct/ECN
Max Leverage
1:500 via Vanuatu and Mauritius entities, 1:30 for ASIC clients
Platforms
MetaTrader 4, MetaTrader 5
Pros
- Holds its own ASIC licence, AFSL 535887, since 2024
- Low $100 minimum deposit across its regulated entities
- Wide platform choice: MT4, MT5, cTrader, and Blueberry X
- Raw spread account starts near 0.0 pips on major pairs
Cons
- Several traders report slow withdrawals and extra document checks
- 1:500 leverage only applies through the Vanuatu and Mauritius entities
- Offshore VFSC and Mauritius licences offer weaker cover than ASIC
- Some reviewers say accounts were disabled during a withdrawal request
Blueberry Markets started in Sydney in 2016, first as an authorised representative of another ASIC broker. Blueberry Australia Pty Ltd now holds its own ASIC licence, AFSL 535887, since 2024. The group also runs entities in Vanuatu and Mauritius, which serve most clients outside Australia.
You can open an account from $100 and trade forex, indices, commodities, shares, and crypto CFDs on MetaTrader 4, MetaTrader 5, cTrader, and its own Blueberry X platform. Standard spreads run near 0.8 to 1.2 pips on EUR/USD, and a raw spread account starts near 0.0 pips plus a $7 commission. Leverage reaches 1:500 offshore, but ASIC caps Australian retail clients at 1:30.
Blueberry runs a 20 percent trading credit bonus for new clients, though ASIC rules block this kind of bonus for Australian retail clients. Online reviews are mixed. Several traders report slow withdrawals and extra document requests, while others describe fast support and smooth payouts.
Min. Deposit
USD 100
Max Leverage
1:500 via Vanuatu and Mauritius entities, 1:30 for ASIC clients
Spreads From
Around 0.8 pips Standard, 0.0 pips plus $7 commission on Direct/ECN
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
