Blueberry Markets Review 2026: Is It the Right Broker for You?
Blueberry Markets is an ASIC-regulated forex and CFD broker offering spreads from 0.0 pips, a $100 minimum deposit, and access to MT4, MT5, TradingView, and cTrader. In this review, we cover its real trading costs, regulation, account types, platforms, and how eligible traders can earn up to $9 per lot cashback through FXPayback.
Quick Verdict: Blueberry Markets is a safe, low-cost broker with competitive spreads and strong regulatory backing. It is best suited for active traders, scalpers, and gold traders who want a reliable trading environment and want to reduce costs through cashback rebates.
The Mistake Most Traders Make When Choosing a Broker
Most traders compare spreads and regulation — which is a good start. But the real cost of trading includes commissions, swap fees, execution quality, and slippage. A broker that looks cheap on paper can end up costing more in live conditions.
That’s exactly why Blueberry Markets deserves a closer look. Its combination of raw pricing, platform variety, and cashback eligibility makes it stand out among low-cost brokers in 2026.
What Is Blueberry Markets?
Blueberry Markets is an Australian forex and CFD broker founded in 2016 and headquartered in Sydney. It serves traders in more than 150 countries and offers access to over 300 instruments across forex, commodities, indices, shares, and cryptocurrencies.
Is Blueberry Markets Safe? Regulation and Fund Security
Blueberry Markets Regulatory Licenses
- ASIC (Australia) – ABN No. 57 140 275 869
- VFSC (Vanuatu) – Licence No. 700697
- Mauritius FSC – Licence No. GB20025835
Blueberry Markets is regulated by multiple authorities, with ASIC serving as its primary regulator. This multi-jurisdictional oversight helps ensure compliance, client fund protection, and access to international markets.
Client Fund Protection
- Client funds held in segregated accounts
- Negative balance protection available
- Margin call at 100%, stop-out at 50%
- No Dealing Desk (NDD) execution model
Based on its regulatory record and operational history since 2016, Blueberry Markets is a legitimate and well-regulated broker.
My Personal Experience Testing Blueberry Markets
I opened a Raw account to test real trading conditions — not just marketing claims.
Account registration was simple, but the verification process was stricter than expected. Proof of address was the most challenging step; some documents required resubmission before approval. While this adds friction, it reflects a compliance-focused approach.
Once verified, I funded the account and started trading. On XAUUSD, spreads were competitive during active sessions. On EURUSD, pricing matched what I expected from a Raw account environment. Order execution was smooth with no noticeable delays.
Customer support stood out — live chat responses were quick and helpful on multiple occasions.
Blueberry Markets Account Types: Which One Should You Choose?
| Feature | Standard Account | Raw Account |
| Spread | From 1.0 pips | From 0.0 pips |
| Commission | None | $7 per lot (round turn) |
| Minimum Deposit | $100 | $100 |
| Maximum Leverage | Up to 500:1* | Up to 500:1* |
| Minimum Trade Size | 0.01 lots | 0.01 lots |
| Instruments | 300+ | 300+ |
| Platforms | MT4, MT5, TradingView, cTrader, Blueberry X, WebTrader | Same |
*Leverage depends on the regulatory entity and location.
Standard Account — no commission, spread-inclusive pricing. Suitable for beginners and casual traders.
Raw Account — tight spreads with a flat $7/lot commission. Better value for active traders, scalpers, and gold traders.
Pro Tip: Raw account instruments appear with a .i suffix on the platform (e.g., XAUUSD.i). This is normal.
Blueberry Markets Spreads and Trading Costs
| Instrument | Account | Typical Spread | Commission | Est. Total Cost (1 Lot) |
| EURUSD | Standard | ~1.0 pip | $0 | ~$10 |
| EURUSD | Raw | ~0.1 pip | $7 | ~$8 |
| XAUUSD (Gold) | Standard | ~0.20 | $0 | ~$20 |
| XAUUSD (Gold) | Raw | ~0.10 | $7 | ~$17 |
| GBPUSD | Standard | ~1.3 pips | $0 | ~$13 |
| GBPUSD | Raw | ~0.2 pips | $7 | ~$9 |
The Raw Account typically offers lower total costs despite the commission, especially for active traders. Spreads can widen during high-impact news events or low-liquidity periods.
Reduce Your Trading Costs with FXPayback Cashback
Opening a Blueberry Markets account through FXPayback makes eligible traders entitled to cashback rebates paid on every lot traded — whether the trade is profitable or not.
For XAUUSD (Gold), FXPayback currently offers up to $9 cashback per lot.
Cashback does not affect your spreads, execution quality, or trading conditions. It is funded by FXPayback sharing part of its IB commission with you.
Example Cashback Earnings (XAUUSD)
| Lots Traded | Cashback Per Lot | Total Cashback |
| 5 Lots | $9 | $45 |
| 10 Lots | $9 | $90 |
| 20 Lots | $9 | $180 |
| 50 Lots | $9 | $450 |
| 100 Lots | $9 | $900 |
A trader who does 10 lots of gold per week could earn approximately $360 per month in rebates.
How to Get Cashback
New clients: Register through the FXPayback referral link → complete verification → fund account → start trading. Cashback is tracked automatically.
Existing clients: Contact FXPayback support to check if your account qualifies for linking.
Important: Cashback rates may vary by instrument. Accounts must be linked before trading begins — rebates are not retroactive.
👉 Open Your Blueberry Markets Account Through FXPayback and Start Earning Cashback
Blueberry Markets Trading Platforms
| Platform | Best For |
| MetaTrader 4 (MT4) | Forex trading, Expert Advisors, familiar interface |
| MetaTrader 5 (MT5) | Multi-asset trading, advanced tools, more timeframes |
| TradingView | Technical analysis, chart-focused traders |
| cTrader | Scalping, advanced order management |
| Blueberry X | Modern interface, simplified experience |
| WebTrader | Browser-based access, no download needed |
All platforms are available on iOS and Android for mobile trading.
What Can You Trade on Blueberry Markets?
- Forex: Major, minor, and selected exotic pairs (EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD)
- Metals & Commodities: Gold (XAUUSD), Silver (XAGUSD), US Crude Oil, Brent Crude, Copper
- Share CFDs: Apple, Amazon, Tesla, NVIDIA, Netflix
- Indices: DJ30, NAS100, GER30, UK100, US2000
- Crypto CFDs: Bitcoin, Ethereum, Ripple, Litecoin, Solana
Not currently available: ETFs, options trading, cent accounts.
Deposits and Withdrawals
| Feature | Details |
| Deposit Methods | Bank Transfer, Visa, Mastercard, selected e-wallets |
| Deposit Fees | None (by Blueberry Markets) |
| Withdrawal Processing | Typically within 24 business hours |
| Withdrawal Fees | None (by Blueberry Markets) |
| Minimum Deposit | $100 |
Third-party payment providers may apply their own charges. Withdrawal times can vary depending on the method and location.
Blueberry Markets vs Other Popular Forex Brokers
| Feature | Blueberry Markets | Pepperstone | IC Markets | Exness |
| Regulation | ASIC, VFSC, FSC | ASIC, FCA, CySEC | ASIC, CySEC | CySEC, FCA* |
| Minimum Deposit | $100 | $10 (Recommended $200) | from $20 | from $10 |
| Raw EURUSD Spread | From 0.0 pips | From 0.0 pips | From 0.0 pips | From 0.0 pips |
| Raw Commission | $7/lot | ~$6/lot | $7/lot | ~$7/lot |
| Trading Platforms | 6 platforms | MT4, MT5, cTrader, TV | MT4, MT5, cTrader | MT4, MT5 |
| Gold Cashback (FXPayback) | Up to $9/lot | Up to $9/lot | Up to $3.6/lot | Up to $6.48/lot |
| Trustpilot Rating | 4.5★ | 4.3★ | 4.8★ | 4.7★ |
Blueberry Markets competes well on platform variety, deposit requirements, and cashback availability. For most forex and gold traders, the differences in raw spreads across these brokers are minor — platform preference and cashback programs often matter more.
Extra Features Worth Knowing
- Demo Account — Practice with virtual funds before going live
- Free VPS Hosting — Available for eligible traders running EAs or automated systems
- Copy Trading — Via DupliTrade and Blueberry Social
- Islamic (Swap-Free) Accounts — Available for eligible traders; terms apply
- MAM Accounts — Multi-account management for money managers
- Blueberry Academy — Trading guides, video tutorials, and market analysis
Customer support is available via live chat and email. Response quality during my own testing was consistently fast and professional.
Blueberry Markets Pros and Cons
Pros
- ✅ Regulated by ASIC — one of the world’s top financial regulators
- ✅ Raw spreads from 0.0 pips with competitive total costs
- ✅ Low $100 minimum deposit
- ✅ Six trading platforms including TradingView and cTrader
- ✅ No deposit or withdrawal fees
- ✅ Withdrawals processed within 24 business hours
- ✅ Copy trading, VPS, and Islamic account options
- ✅ Strong Trustpilot rating and positive trader reviews
- ✅ Cashback available through FXPayback for eligible accounts
Cons
- ❌ Verification process can be stricter than some competing brokers
- ❌ No cent accounts for micro-lot beginners
- ❌ No ETF or options trading
- ❌ Maximum leverage varies by regulatory entity
How to Open a Blueberry Markets Account
- Register through FXPayback — ensures your account is linked for cashback eligibility
- Complete the application — name, email, country, date of birth
- Choose your account type — Standard or Raw
- Select your platform — MT4, MT5, TradingView, cTrader, Blueberry X, or WebTrader
- Verify your identity — passport or national ID plus proof of address
- Fund your account — minimum $100 via bank transfer, card, or e-wallet
- Start trading — cashback is tracked automatically once your account is linked
If cashback matters to you, link your account through FXPayback before placing any trades. Rebates are not applied retroactively.
👉 Open Your Blueberry Markets Account Through FXPayback to Earn Cashback on Eligible Trades
Final Verdict — Is Blueberry Markets Worth It?
Yes, Blueberry Markets offers competitive spreads, ASIC regulation, six trading platforms, and a straightforward fee structure. When combined with FXPayback cashback — up to $9/lot on XAUUSD — it becomes one of the more cost-efficient options for active forex and gold traders in 2026.
✔ Best for: Active traders, gold traders, scalpers, and traders looking for cashback rebates
❌ Not ideal for: Traders who need cent accounts, ETF trading, or options
👉 Open a Blueberry Markets Account Through FXPayback to Earn Cashback on Eligible Trades
Disclaimer: This content is for educational and informational purposes only. Forex and CFD trading involves significant risk. Cashback rates may vary by instrument and account type. FXPayback operates as an Introducing Broker (IB) and receives commission from partner brokers, a portion of which is shared with clients as cashback rebates. Always review the broker’s full terms before opening an account.
Frequently Asked Questions
Is Blueberry Markets safe?
Yes, It is regulated by ASIC, VFSC, and Mauritius FSC, with client fund segregation and negative balance protection in place.
What is the minimum deposit?
$100 for both Standard and Raw accounts.
Is Blueberry Markets available in Pakistan?
Yes, Pakistani traders can register through the broker’s international entity.
How does FXPayback cashback work?
Open your account through FXPayback and earn rebates based on trading volume. Cashback is paid regardless of trade outcome.
Does cashback affect spreads or execution?
No, Your trading conditions remain unchanged.
Which account is best for gold trading?
The Raw Account — lower spreads reduce total cost per lot, especially for high-frequency gold traders.
How fast are withdrawals?
Most requests are processed within 24 business hours.
Is scalping allowed?
Yes, Scalping is permitted, and the Raw Account is well-suited for it.
What platforms are supported?
MT4, MT5, TradingView, cTrader, Blueberry X, and WebTrader.