Blueberry Markets is an Australian-based broker authorized and regulated by one of the strictest and most demanding regulating entities namely the ASIC. As a regulated broker, one of the requirements is that client funds be kept in segregated accounts. A platform can be a multi-asset one, which means that it allows clients to not only trade forex but also other asset classes like CFDs on stocks, stock indices, Underlying precious metals, and cryptocurrencies. Blueberry Markets has a low and competitive spread when compared to brokers. The spread list will be determined by the type of account the trader has in addition to the type of financial instrument being traded. A forex account is a trading account held by a trader with a company like Blueberry Markets that is primarily issued with the purpose of trading currencies.
We tried looking up your name on our records but we could not find you. Is it possible for you to reach out to our Support Team so that we can address your needs. Thank you for the honest assessment and we will use it as a springboard to improve our overall customer experience.
I’ve been trading with Blueberry for about six months and now recommend them to most of our clients. Traders will however need to ensure that they verify with their payment provider whether any transaction fees are waived. Commissions are charged at US Dollar 7 and are negotiable for high-volume traders. You should only trade in these products if you fully understand the risks involved and can afford losses without adversely affecting your lifestyle. If Blueberry’s website itself does not provide enough means, a trader should explore other informative websites and means to obtain that knowledge. Blueberry Markets are also a member of a compensation scheme or fund which pays out a certain amount to eligible clients in the case of company insolvency.
Forex Broker Reviews
Your account may also need to be verified in order to remove any transaction limits or restrictions depending on your country. However, countries such as the United States and Japan are excluded because of regulatory constraints, Counter-Terrorism Financing , or Anti-Money Laundering deficiencies. Some features may also not be available in specific countries as a result of other legal restrictions. Blueberry Markets is Australian ASIC Regulated Forex Broker providing access to MetaTrader 4 platform with ECN liquidity. Standard spread-only account is higher due to the costs that are included in the spread, so you’ll get around 1 pip for EUR USD, actually still considered a good proposal. Since then, Blueberry Markets has grown to over 30,000 traders.
Is day trading like gambling?
It’s fair to say that day trading and gambling are very similar. The dictionary definition of gambling is “the practice of risking money or other stakes in a game or bet.” When you place a day trade, you’re betting that the random price movements of a particular stock will trend in the direction that you want.
The financial market works with two primary entities, traders and financial service providers. There are sundry firms around, and one such https://forexinvestirovanie.ru/ firm is Blueberry Markets. You need to know everything about the firm before getting started as your choice reflects your profit size.
Great personalized service and swift responses to all my questions. As an Australian trader I value other Australian brokers, especially this young, energized company. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Withdrawals are processed within 24 hours and delays in funds reflecting in the trader’s bank account will depend on the banking institution. Deposits and withdrawals must be to and from the same account that the trader registers when opening a live account.
Although, I am not sure I understand what you mean by “Sells turning into Buys”— that is virtually impossible, with us or with any other platform. If you could please send through the video of the trade turning from a buy into a sell, we would really appreciate it. We spent some time looking into it, but could not find a scenario where this could have happened, so would be keen to have a look and resolve https://forexclock.net/ this for you. I’m just reposting my response to your Trustpilot review as you left exactly the same review here. We do operate under Eightcap’s licence, however, we are still two different companies operating separately. We have always publicly disclosed our relationship with Eightcap on our website, legal documentation, Help Center, email signatures, and every other client-facing communication.
In addition, Blueberry advanced platforms with free tools, in-depth trading history, and access to more capabilities are available exclusively to Blueberry Markets traders. Forex brokers tend to lure new traders with offers of attractive deposit bonuses. This can be useful, but it is essential to discern what a proper bonus is. Execution-only brokers, which is a broker that does not involve in any personal investment advice and gives traders complete control over how they trade the markets, tend to have lower commissions. MethodFeesBank TransfersPossible Depending On Your BankCredit Cards$0Debit Cards$0Skrill3-4%Neteller$0Deposits are withdrawals are processed extremely fast! There’s nothing worse than a broker taking a big percentage of your withdrawal as a beginner trader, so it’s nice that there is either a small or no fee here.
It’s worth stating that they do not offer any support in the way of education/resources for clients, which can put some people off. Personally this doesn’t bother me at all as there are thousands of really good trading educational resources online for free these days, like Babypips for instance or 5 minute forex on YouTube. They have an amazing reputation within the industry for being one of the best forex trading brokers.
As prolific traders, we’re well placed to provide informed reviews on dozens of brokers. Today we’d like to offer you our honest review of Blueberry Markets. The financial service provider provides trading on just 50 assets, including forex, commodities, metal and indices. Pipbear.com is a blog website dedicated to financial markets and online trading. Please note that trading, especially margin trading contains high risks of losing a deposit. These products may not be suitable for everyone and you should ensure that you understand the risks involved.
If you are still wondering whether this is a safe option, you can cancel the contract at any given time. For those who want to join and upgrade their investment strategy, Yield Nodes is the solution. Another issue we have with Blueberry Markets is in terms of actual owners of the platform. Anonymity is playing a major role in ensuring no culprits are caught.
- The problem with this website is security as they don’t make it a priority.
- To improve your techniques, you need to dedicate enough time and effort, but the simple layout and design of the platform make the experience a lot better.
- The longest processing time is bank transfers which can take up to 2 business days.
- What we really appreciate in its offering is a good balance between trading conditions, the environment and the support provided by Blueberry Markets.
- If there was anything wrong with my trading way then why they didn’t informed or contacted when i was trading .
Great customer service with there being the possibility of fast executions on trades. Regardless, we would like to look into your trades and investigate them for you as we want you to receive a detailed explanation. We’d reach out to you, however, we can’t recognise you by your FPA username alone. If you could email us at or contact us on our 24/7 live chat, we’ll immediately launch an investigation for you.
Blueberry Markets Review And Tutorials
Due to the inaccuracy of this pricing and end result for clients, Blueberry Markets has deemed such trading on your account as incorrect. This has been ratified by liquidity providers of ours that have deemed your trading as illegitimate. This is the reason why adjustments have been made on your trading accounts. Blueberry Markets does not charge any internal fees for deposits or withdrawals, also including wide selection of payment methods. Blueberry markets is a reputable, well-regulated broker with easy account opening, quality trading conditions, ECN trading environment and good education. I spent a great deal of time researching different brokers.
No one has been able to make withdrawals with this platform. Another issue we noticed with this platform is how the demo account produces only successful trades. Once you place a trade with the demo account, chances of winning are in the 98th percentile. And this is a plot to entice users to believe the actual platform produces the same high results. No trading platform on earth can produce such a high profit margin.
This means that all of your deposits have been refunded or returned back to your card. Also, as you may know, we strive to maintain the highest level of service quality possible, which is one of the major things we are known for. So your feedback about us not responding to your email makes me wonder if we simply missed it or have not received it at all. Either way, we would love to find that email and address any concerns you may have. Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.
Top 100 Brokers
Forex is renowned for being one of the trickiest markets in the world. With around 80-90% of traders losing, surely there cannot be any logic or edge involved, right? Thanks so much for giving us your take on how we are doing. We are so happy to hear that our our customer service were up to par with your expectations.
I wanted a regulated one that I could trust for the long term and also high leverage so decided to try blueberry markets. Introductions to trading are offered to beginners through the demo account to teach them common terminology and the functions of various terms risk-free. There are a variety of ways you can deposit and withdraw money to and from your account. https://forexaggregator.com/ Convenient methods, which may not be available for all countries, include credit card, bank wire, and online payments through other systems such as UnionPay or Skrill. Blueberry Markets offers a choice between commission-free accounts that include a marked up spread or an ECN account with a tighter spread and includes a competitive charge on commission.
When it comes to depositing funds, the platform has this process well-covered. You must first sign up to view the depository channels which is a bit odd. Some of the depository channels include Bank transfer, Credit/debit card, China Union Pay, FasaPay, Skrill, and more.
Can you make 20 a day trading?
Making 10% to 20% is quite possible with a decent win rate, a favorable reward-to-risk ratio, two to four (or more) trades each day, and risking 1% of account capital on each trade.
Instead, you will be ‘trading’ the CFD asset class by speculating on whether its price will rise or fall. As the underlying financial instrument does not exist – this gives Blueberry Markets the freedom to offer a huge library of assets. Our Blueberry Markets review found that they are under the same Eightcap license in Australia as the ASIC . Meaning they have complete regulatory protection that ASIC requires a broker to provide.
Post Your Own Review
There is a minimum deposit of $100 which is relatively low compared to other online brokers, ideal for traders who want to start with small investments. Forex trading is one of the most popular financial markets, giving you plenty of options when it comes to finding online brokers. However, not all online brokerages offer the same level of services, so it’s always worth taking a look around to see which provider is best suited to your needs. We created this Blueberry Markets review to help you decide if they’re a suitable choice for you.
Why can’t we get the actual names of people running the show? These are professional scam artist who don’t want their names to be exposed for obvious reasons. They are afraid of the vindictive nature they would get from victims. You can use your preferred platform directly on the Blueberry Markets website. Alternatively, you can also access your account via the MT4/5 desktop software and mobile app. In a nutshell, you should have no concerns regarding safety when you sign up with Blueberry Markets.
If it’s not too much to ask, please send me an email at as I’d love to hear more from you so we can ensure your long-term satisfaction with our services. Let other traders know if this service is worth checking or should be avoided. Execute all your trades more quickly than your computer with a Blueberry Markets VPS. Get it for free when you open a live account today. Broker allows all trading styles including trading robots, scalping and spike trading. Also supported are the Copy Trading and managed account services. All information on 55brokers.com is only published for general information purposes.
The virtual coins are one of the common and most popular options to maximise gains still the broker does not find it relevant to incorporate it in its trading portfolio. It is high time the broker should work on its weak areas to stand in the tough competition with other brokerage firms. Below is a list of the most common review questions that traders ask about this currency trading broker. Blueberry Markets was founded by Dan Hyde, a former Axi-Trader executive.
Which trading is most profitable?
When it comes to stocks, traders need volatility, trading volume, and trend trades. Although it’s hard to claim that one type of trading is more fruitful than another, most active traders prefer day trading stocks due to their high profitability.
Blueberry Markets has a variety of payment methods that are supported with the exception that some methods are reserved depending on the account the trader has, whether it is USD-based or AUD-based. This account gives traders more transparency so you can see the raw market spread. Brokerage costs are charged at the completion of each trade. Forex broker services are also provided for institutional clients and large companies such as investment banks. Standard account – Spreads of roughly 1 pip on most pairs, with $0 commission.
Please ensure you fully understand the risks and seek independent advice if needed. This website is free for you to use but we may receive commission from the companies we feature on this site. The only negative is limited regulation for EU-based traders who prefer a local regulator and no cTrader offering. Our Direct account gives you more transparency so you can see the raw market spread.
You can now deposit some funds into your Blueberry markets account. Choose your preferred payment type from the list of supported deposit methods. This includes debit/credit cards, a bank wire, and e-wallets. All reliable brokers should have a demo account to allow you to practice your techniques first. You are given $50,000 in virtual funds to play within this risk-free account.
Like many brokers, they don’t charge deposit or withdrawal fees which is great if you want to transfer a small amount of money or a more significant sum. As mentioned, if you have a standard account, you will not have to pay commission fees, but as a result, there will be higher spreads. On the other hand, the direct account does charge commission fees, but a lower spread is offered. Our Blueberry Markets review shows that the platform is relatively simple to use for traders of all skill levels. The online site is easy to navigate and uses the advanced MetaTrader 4 and MetaTrader 5 as available trading platforms. These platforms make trading easier for users, particularly MT4 if you decide to trade forex, as it has the tools and equipment designed to improve the Blueberry Markets experience and rating.