Blueberry Markets Overview

Minimum Spread :   From 0.0
Foundation Year :   2016
Min Deposit $ 100
Broker Trusted Point+1
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Blueberry Markets Broker Review – Trade Easy, Dream Big: Blueberry Markets was established In 2016, after  taking the moderate, consistent development technique without the utilization of obligation. The brokers promoting technique centers around client input as the prime channel for customer pool advancement. Guests will meet with some foundation recordings that may give an impression the broker needs to get interactive. Directly from the beginning, the website highlights the fundamental selling purposes of Blueberry Markets, customer backing, and client evaluations.

Blueberry Markets Group is an exchanging name of Eightcap Pty Ltd (ABN 73 139 495 944). Eightcap is controlled and licensed by the Australian Securities and Investments Commission (ASIC) – AFSL number is 391441. This AFSL approved Eightcap to offer financial types of assistance to individuals in Australia.

Blueberry Markets Broker Account Types

Standard Account

  • Spreads: From 1.0 pips
  • Commission: $0
  • Minimum Deposit: $100
  • Maximum Leverage: 1:500
  • Minimum Trade Size: 0.01
  • Tradable Instruments: 54
  • Trading Platforms: MetaTrader 4 or MetaTrader 5

Professional Account

  • Spreads: From 0.0 pips
  • Commission: $7
  • Minimum Deposit: $1,000
  • Maximum Leverage: 1:500
  • Minimum Trade Size: 0.01
  • Tradable Instruments: 54
  • Trading Platforms: MetaTrader 4 or MetaTrader 5
  • Free: Live Forex Trading Room

Trading Platforms

Blueberry Markets offers MetaTrader 4 and 5. There is no mention of the MetaTrader 5 Trading Platform on the website. The account type determination doesn’t refer to MT5, merely the MetaTrader 4 platform. Strikingly, when customers apply for a live account, they will have a determination drop rundown to pick MT5 or MT4.

On the off chance that you select the MT5 alternative, you will get an email upon culmination with the connection to MT4.MT4 is resuscitated to the most recent structure and shows 260ms ping to the brokerage service servers. The trading platform comes with default settings along with some standard associations. A single tick trading catches are obvious with great four cash sets graphs. The execution time on the platform is around 340ms, which is a piece more delayed than anticipated for ECN representatives.

As one proceeds, they can see that the benefits determination window is demonstrating essential data for trading. The main thing that one forgets about is the swap calculation method. Symbols indicate metals, foreign currency, UK Oil, US Oil, and derivatives where all the Indices dwell.

Leverage

Blueberry Markets has extensible leverage from 1:1 to 1:500, for all trading account types. The clients can request to alter the leverage level at any time. For Foreign currency exotics, the leverage is up to 1:100 and 1:200 for Indices. Oil and Metals remain with the highest of 1:500 leverage. By default, Blueberry Markets offers leverage to 1:100.

Trade Sizes

The minimum trade size is in miniaturized scale parts or 0.01 parcels. The volume steps are additionally in miniaturised scale parcels.

The maximum trading volume is 100 parcels. For Indices it is somewhat extraordinary, 0.1 parts are the minimum trade size and the maximum at 40 parcels.

This plan for Indices additionally applies to Oil resources. Metals have indistinguishable trading sizes from foreign currency. The stop level is at 30 focuses on foreign currency, and Oil is at 1. The broker has a stop out level at half-edge levels which is, to some degree higher than different brokers in the business.

Trading Costs

The commission charged on the Professional Account is $7 per round. For the Standard Account, there are no commissions to the detriment of more extensive spreads. The website nor the legal documentations mention the swaps. For EUR/USD the swap is – 10.306 for long and 5.939 positive for short.

On the USD long side, one can expect to see a positive swap. Some different cash sets like EUR/HUF don’t have considerable levels on either side, – 3.489 long and 0.623 short.

USD/MXN has a fascinating swap, 6.2 short positive swaps and – 15.257 long. For the Metals, spot Gold has – 12.09 focuses swap for long and 6.527 for short. Silver has low-level swaps, – 0.891 long and 0.353 focuses long.

Assets

Blueberry Markets doesn’t have a broad scope of assets when contrasting with different brokers. The firm ignores Cryptocurrencies, commodities include Oil, and Stocks are additionally absent. There is an aggregate of 54 trading instruments, and a large portion of those are Forex money sets.

currencies have an aggregate of 48 cash sets, and it very well may be said that Blueberry Markets centres around this market. The firm records All the majors with a decent number of exotics like USD/MXN, USD/PLN, USD/TRY and Scandinavian monetary standards. The EUR joins with These extraordinary financial standards. The platform records Gold and Silver trade and restricts Metals offer.

Indices are available with ten discretionary trading assets. All are majors except EUSTX50, AUS 200 and Hong Kong 20. The rest of the trading assets are both Oil types, WTI and Brent.

Spreads

All spreads are drifting sort, and the levels rely upon the trading account type chosen. The Standard Account has spread from 1 pip. The Professional Account should highlight spread from 0.0 pips. However, the spread is 0.3 pips for the EUR/USD. It enlarges by 1 for USD/JPY, AUD/USD, EUR/GBP and EUR/JPY. The spread gets disproportionally more extensive as we check the cross sets. From the exotics, the spread is typical, USD/PLN has 440 focuses and USD/HUF 310 focuses. Gold has a sensible 28 pips, like spot Silver at 22 pips. The spreads on the Standard Account have around one pip markup on the more tight spreads included in the Professional Account.

Deposit Methods & Costs

The clients can deposit money into their account using any method mentioned below:

  • Visa credit and debit card
  • Mastercard credit and debit card
  • Bank wire transfer
  • Skrill
  • Poli Payment
  • China UnionPay
  • FasaPay

Withdrawal Method & Costs

The clients can withdraw money from their account using any method mentioned below:

  • Visa credit and debit card
  • Mastercard credit and debit card
  • Bank wire transfer
  • Skrill
  • Poli Payment
  • China UnionPay
  • FasaPay

Withdrawal Processing & Wait Time

The broker does not take longer than 24 hours to process the withdrawal request. The clients can request withdrawals via the client portal.

Bonuses & Promotions

Currently, the broker is not offering any bonuses or promotions. Introducing Programs are available.

Educational & Trading Tools

We can say Blueberry Markets Blog is the wellspring of all informational and trading material. There are six articles about some energizing exchanging subjects like “The Psychological Power of Trading” by Dean Hyde, Blueberry Markets originator. In the blend are the ongoing news across business sectors and money sets. The investigation incorporates graphs with help/opposition lines, patterns and some key-value levels.

There isn’t a lot of profundity to any of the referenced news-investigation articles, even though they spread a couple of the business sectors. Aside from this, Blueberry Markets don’t have any occasion schedule or instruments. The free VPS administration is accessible for merchants that can execute ten heaps of exchanging multi-volume months. The server supposedly has an excellent execution time of 2ms.

Customer Service

  • Tel: +61280397480
  • Email: support@blueberrymarkets.com
  • Address: 1/397 Pacific Highway, Crows Nest, NSW, Australia, 2065

Blueberry Markets Broker Review

Blueberry Markets is managed, based in Australia without seaward workplaces. Probably the most well-known forex trading coaches have suggested this broker. It is additionally an indication of substantial examination and investment into finding a quality traders pool that will continue trading. It lines up with the organisation vision.

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