Blueberry Markets Review Australia 2026

Blueberry Markets at a glance: 17 key facts

Blueberry Australia Pty Ltd holds ASIC AFSL 535887 and opens both retail accounts from a A$100 minimum deposit. The 17 key facts in the table below cover the entity, the licence date and the fee schedule.

Two dates in that table mean different things. Australian operations date from 2015 under an authorised representative arrangement, and the broker’s own licence from 27 May 2024.

Blueberry Markets Direct account pricing, measured

Blueberry Markets Direct account pricing measured 0.19 pips across the eight-pair basket over May to June 2026, fourth tightest of the raw accounts we tested, with commission of US$3.50 per side and US$7.00 round turn per standard lot.

That commission is charged in US dollars rather than Australian dollars, confirmed on the broker’s own account page and checked 17 July 2026, so the Australian cost floats with the exchange rate at roughly A$10.00 round turn at the July 2026 rate.

The measured basket result ranked fourth tightest of the raw accounts we tested in the lowest spread brokers in Australia rankings, and the round-turn rate is compared in Australian dollar terms in the lowest commission forex brokers table.

Standard account for casual traders

The Standard account prices spread-only with no commission, and EUR/USD typically ranges from 1.0 to 1.4 pips. That spread is materially wider than Direct on the headline pair, so the commission-free framing costs more than it saves for anyone trading majors with frequency.

What it costs to trade with Blueberry Markets

Trading one standard lot on the Direct account costs US$7.00 in round-turn commission plus the measured spread, so what it costs to trade with Blueberry Markets lands around 0.7 pips equivalent on EUR/USD.

The US dollar commission is the part worth understanding before opening the account. Every other raw broker in this coverage except a handful bills commission in the account currency, so an Australian client here carries an exchange-rate exposure on the cost line that a comparable Pepperstone or Fusion Markets client does not.

The raw account pricing otherwise works the same way as the rest of the field. At A$10.00 round turn equivalent, the commission sits above Fusion Markets at A$4.50 and above Pepperstone at A$7.00.

Other fees AU traders should check

• Overnight swap rates apply on positions held past 5 PM New York time and vary with trade direction.
• No inactivity fee applies at any balance or duration, which counts for an occasional trader.
• Withdrawals cost A$0 on bank transfers and most e-wallets.
• Currency conversion applies to any instrument traded outside the account base currency.

Blueberry Markets trading platforms

Blueberry Markets trading platforms number four: MetaTrader 4, MetaTrader 5, native TradingView trading and the proprietary Blueberry X app. The platform list excludes cTrader entirely.

MetaTrader 4 and MetaTrader 5

The MT4 build connects to the same Direct pricing engine and supports hedging, partial closes and standard trailing stop logic, with the broadest third-party tool library in retail forex. The MT5 build covers the broader asset-class set natively across indices, stocks and futures, with a more modern strategy tester.

Blueberry Pulse and Blueberry X

Blueberry Pulse is a market-context add-on for both MetaTrader builds, layering sentiment, news, economic events and trade ideas onto the platform. Blueberry X is the proprietary mobile app, sitting alongside the MetaTrader mobile builds on iOS and Android.

Copy trading

Copy and social trading run through the offshore entity rather than the ASIC entity, so Blueberry Social, DupliTrade and Myfxbook AutoTrade are all unavailable to Australian clients. That copy trading gap is a genuine limitation rather than a technicality, and it is named in the cons, because a trader wanting copy trading on an ASIC-regulated account needs a different broker entirely.

Is Blueberry Markets safe? ASIC AFSL 535887

Blueberry Australia Pty Ltd holds ASIC AFSL 535887, current since 27 May 2024, which is the newest licence in this 32-broker coverage.

ASIC regulation and the licence date

Blueberry Australia Pty Ltd, ABN 67 646 513 797, holds AFSL 535887 and is the ASIC-regulated entity for retail Australian clients.

That licence date is the single largest reason the trust rating sits lowest of the six categories on this page. Australian operations date from 2015 under an authorised representative arrangement, which is a real regulatory relationship and a weaker one than holding the licence directly, because the responsible licensee rather than the broker carried the obligations.

The parent group also runs an offshore entity, which is where the copy and social trading products sit. Australian retail clients trade with the ASIC entity, so those products are out of reach here and the protections below apply in full.

History and ownership

Blueberry Markets was founded in Sydney in 2015 and remains privately held, positioned as a boutique alternative to the larger ASIC brokers with Asia-Pacific clients and personalised account management as the focus.

Blueberry Markets client money protection and AFCA membership

Blueberry Markets client money protection runs through segregated accounts at an Approved Australian Bank, with mandatory negative balance protection and AFCA membership carrying disputes at no cost to the client.

Client money accounts sit separate from company funds. AFCA hears claims up to A$1,263,000 and awards compensation up to A$631,500. The Compensation Scheme of Last Resort sits behind that with an A$150,000 cap, and it excludes CFD trading losses, so it covers unpaid awards for misconduct rather than losing trades. The retail standard is set out in the guide to retail negative balance protection.

One account carve-out matters before a trader chases leverage. The Wholesale and Professional account classification surrenders negative balance protection along with the ASIC leverage caps.

The retail protections are identical to those at every other licence holder in this coverage, because the regime sets them rather than the broker. A newer licence does not weaken them.

Public reviews

Blueberry Markets holds a Trustpilot rating of 4.5 out of 5 from 3,257 reviews, which Trustpilot labels excellent, captured August 2026. The profile has been claimed by the broker since April 2018.

The public rating panels carry the third-party scores for this broker, on a smaller review base than the major brokers attract. Recurring support praise covers the reply speed, the account manager helpfulness and the deposit and withdrawal turnaround.

What other review sites say

Blueberry Markets' iOS app rates 5.00 out of 5 from 2 ratings on the Australian App Store (August 2026).

TradingView users rate Blueberry Markets 4.3 out of 5 from 453 ratings (August 2026). 6.3K TradingView users have connected a Blueberry Markets account.

App Store AU

5.00

2 ratingsAugust 2026

TradingView

4.3

453 ratings6.3K Traders via TradingViewAugust 2026View on TradingView

Blueberry Markets account types and minimum deposit

Blueberry Markets account types number two, and the minimum deposit is A$100 on both, a low bar for a raw account against the A$0 at Fusion Markets.

Direct carries the raw spreads plus commission and Standard rolls the cost into the spread. The account range carries no third tier for retail clients.

Wholesale classification

Clients meeting the ASIC Sophisticated Investor test reach 500:1 leverage on forex, and they surrender the retail protections including negative balance protection to get it. That account trade is what the classification asks for.

Minimum deposit

The A$100 minimum deposit applies on both accounts alike. Fusion Markets opens a raw account at A$0 and IC Markets asks US$200, so this sits between them. The free demo account runs Direct pricing on either MetaTrader build.

Blueberry Markets funding methods and withdrawal times

Blueberry Markets funding methods number seven, all at A$0, from instant card and wallet payments to bank transfer in one to two business days.

Deposit methods (AU clients)

Four of the seven funding methods credit instantly. FasaPay is the unusual entry, a South East Asian wallet rare on Australian broker menus, and it reflects the Asia-Pacific client base this broker targets.

Withdrawals

Withdrawals cost A$0 on bank transfers and most e-wallets, and must use the same source as deposits wherever available, following standard anti-money-laundering practice.

Account opening

Account opening runs fully online and AUSTRAC-compliant, taking one identity document and one proof of address, and most Australian applications are reviewed within a business day.

Blueberry Markets markets and instrument counts

Blueberry Markets markets and instrument counts run across five asset classes led by 50 plus forex pairs, with share CFDs and indices at the narrow end.

Forex is the deep end and everything else is workable rather than best in class. Five asset classes is the narrowest range in this batch, and the list carries no direct ASX share investing at all.

Share CFDs and indices

Shares and indices are the range’s narrow end, and the cons pair them for that reason. The share CFD list covers a selection of US and ASX names as CFDs only, and the index set spans the ASX 200 plus the global majors. The range depth in either class is beaten by the multi-asset specialists. The equity CFD class is compared in the guide to share CFD coverage in Australia.

Blueberry Markets leverage and margin under ASIC rules

Blueberry Markets leverage and margin operate under a maximum retail leverage of 30:1 on major forex pairs, identical across the Direct and Standard accounts.

ASIC caps retail CFD leverage at 30:1 on major forex pairs, 20:1 on minor pairs, gold and major indices, 10:1 on commodities other than gold, 5:1 on share CFDs and 2:1 on crypto assets. The caps come from a product intervention order extended to 23 May 2027, so they apply at every ASIC broker rather than at Blueberry Markets alone.

Both retail accounts carry those caps without variation, so the Direct and Standard split changes pricing only. The wholesale tier reaches 500:1 on forex for clients meeting the Sophisticated Investor test, and surrenders the retail protections.

Retail margin close-out sits at 50%. ASIC requires every CFD issuer to close a retail client’s positions once account equity falls below half the total initial margin on all open positions, positions cannot be netted against each other to reduce that figure, and a gapping market can close a position below the 50% level. The leverage mechanics are set out in forex leverage fundamentals.

Blueberry Markets customer support

Blueberry Markets customer support replied on live chat in under 60 seconds during Australian business hours in testing, the fastest measured in this coverage, with an account manager call within four hours of opening the account.

That support speed is the strongest suit on this page and the clearest argument for choosing a boutique broker over a larger one. A 60-second chat reply and a proactive account manager call are the two things scale usually costs a client.

The live chat desk runs 24 hours a day, seven days a week, and is multilingual. The phone desk runs Monday to Friday, 8am to 5pm, which is narrower than the chat window and the one gap in the service offer.

The language range covers English, Mandarin and Arabic, with other regional languages on request, reflecting the Asia-Pacific client base rather than the Australian one alone.

Blueberry Markets research, tools and education

Blueberry Markets research, tools and education run to five components covering a daily commentary blog, MetaTrader charting tools, an economic calendar, beginner guides and selected webinars.

• Daily market commentary blog
• Standard MetaTrader charting and indicator tools
• Economic calendar
• Trading guides pitched at beginners
• Selected webinars, with frequency varying

Five research components is lighter than the larger brokers carry, and one of the five varies in frequency rather than running to a schedule. No in-house analyst desk and no third-party research integration such as Trading Central or Autochartist appear here.

The Blueberry Pulse add-on covered in the platform section does more of the analytical work than this list suggests, layering sentiment and trade ideas directly into the terminal rather than into a separate library.

That placement suits the audience. A boutique broker’s client is more likely to want a view inside the order ticket than a morning note to read, and the research rating reflects the library size rather than the in-platform tooling.

How Blueberry Markets compares to Eightcap and Fusion Markets

Blueberry Markets measured 0.19 pips across the eight-pair basket against 0.15 at Eightcap and 0.36 at Fusion Markets, on roughly A$10.00 round turn against A$7.00 and A$4.50. How Blueberry Markets compares to Eightcap and Fusion Markets is a service win against a cost and platform loss.

The Eightcap stack carries cTrader, 250 plus crypto markets and a longer licence record. Fusion Markets undercuts the commission by more than half and opens at A$0.

The 60-second chat reply and the account manager call are what neither rival matches, and that is the whole boutique case.

Should you open a Blueberry Markets account?

Blueberry Markets suits traders who want a smaller Australian broker with responsive service and Direct pricing measuring 0.19 pips across eight pairs. Traders who need platform breadth or the lowest tested cost are served better elsewhere than by a Blueberry Markets account.

Two groups of trader gain clear value from a Blueberry Markets account. The support desk reaches a 60-second chat reply and an account manager call, which no larger broker in this coverage matches. The funding menu carries a FasaPay rail and the desk carries multilingual cover, both built for an Asia-Pacific client base.

Two groups should look past a Blueberry Markets account. The platform list carries no cTrader and no copy trading on the Australian entity at all. The commission runs above Fusion Markets at more than double the rate, on a higher entry deposit.

Blueberry Markets ranks sixteenth among the leading Australian forex brokers on the 2026 scoring, held there by the licence age and the platform range rather than by service. The free demo runs Direct pricing, and AFSL 535887 is checkable on ASIC Connect before funding anything.

Advertiser disclosure: commercial arrangements on this page are set out in full.