- Is Blueberry Markets safe or a scam?
- Trading Platform
- Deposits and Withdrawals conditions with a minimum deposit and withdrawal fee
What is Blueberry Markets?
Blueberry Markets is an Australian broker, also a trading name used by a quite popular larger broker EightCap that offers transparent pricing and allows to benefit from industry-leading technology solutions through best liquidity providers.
The broker operates over a decade since 2009 and since then gained a great reputation among traders and industry itself. Blueberry Markets do provide not only tight spreads and light-speed execution but also tailored its solution towards ambitious traders that strive to become good players in a long term game.
Is Blueberry Markets safe or a scam?
Blueberry Markets being a trading name used by EightCap respectively regulated by the Australian ASIC, therefore operate a safe trading environment for your benefit. In simple words, a regulated broker means trustable broker, as authority constantly oversees firms activity and trading service they provide, in reverse guaranteeing your safe investment.
Australian Securities and Investments Commission (‘ASIC’), is also recognized world authority which regulated Forex and trading industry and is custom oriented regulator.
Therefore, Blueberry Markets and its EightCap company meets the highest standard of governance, financial reporting, and disclosure. All retail client funds are kept separately from business funds in segregated bank accounts while the broker also undertakes additional protection by the professional indemnity insurance policy.
The next step in our Blueberry Markets Review is a definition of the platforms through with you will access the trading environment itself. Blueberry Markets uses MetaTrader4 and MetaTrader 5 its newer version as a platform, and the choice is not a surprise as its numerous features and tools bringing the perfect combination to the technological execution. The platforms are available for almost any devices including desktop and Mobile apps.
Eventually, both platforms do not require much saying, as being an “industry standard” software bringing powerful capabilities though great chart features, numerous add-on, automation over trading and much more. In addition, Blueberry advanced platforms with free tools, in depth trading history and access to more capabilities available exclusively to Blueberry markets traders.
Blueberry Markets Costs and Accounts
Blueberry markets designed two account types in order to bring better opportunity for traders that would like to trade regular size trading or either being a beginning trader with a Standard account features 0$ commissions. Or with a possibility to trade through a professional account with better conditions and tailored solutions suitable for traders with experience.
So getting to Blueberry Markets spreads offering itself, and as already mentioned based on tight spread offering from 0.0 pips for professionals, also broker applies 0 commission on a standard account. Yet, if you trade with a professional account, there is a commission charge $7, which is also may be lowered for high-volume traders.
For instance, you may see below some of the recent spreads, as well compare Blueberry fees to another popular broker FP Markets
Also, always consider overnight fee as a cost also referred to as Rollover rate, an interest for holding positions open overnight in foreign exchange trading. It is determined by the overnight interest rate and is a differential between two involved in trade currencies.
One of the great features of Forex trading and a part of Blueberry Markets Review and check it is an allowance to use leverage, which may increase your potential gains timely.
As regularly leverage ratios fall under regulatory restrictions, Blueberry Markets being an Australian brokerage still allows high leverage ratios up to 1:500 for Forex instruments bringing vast of opportunities specifically for retail traders.
What Methods of Payment Blueberry Markets uses?
The number of payment methods to fund the trading account will allow you to transfer funds easily by the use of Visa/MasterCard, Skrill, POLi Payment, fasapay, and Bank Wire Transfers.
The minimum deposit amount requires only 100$ if you apply for a Standard account based on spread only. It is indeed a fantastic opportunity for the beginning traders, while professionals would prefer account of a tailored solution designed for an experienced trader. This professional account demands 2,000$ as a first deposit, considered a great opportunity for high-volume traders as well.
Also, Blueberry Markets promises seamless withdrawal, while typically broker does not charge any internal fees for deposits or withdrawals. Yet, you should check with your payment provider in case any fees are waived due to international policies for money transfer.
Concluding Blueberry Markets review, we admit an authorized, hence safe broker to trade with, also established with respect to Australian laws and competitive pricing.
And of course, we would be glad to know your personal opinion about Blueberry Markets, share your experience or refer to us for some additional information on the comment area below.
No news available.