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Blueberry Markets Review

Blueberry Markets is a global forex broker based in Sydney, Australia that offers online trading of currencies, indices, commodities, stocks, and cryptocurrencies. Blueberry Markets Group is a trading name of Eightcap Pty Ltd, a financial company holding an Australian Financial Services License (AFSL) number 391441. The website is operated by Eightcap Pty Ltd. Blueberry Markets claims to provide good conditions, meeting the needs of different types of traders.

The “Blueberry Standard Account” provides instrument trading with a spread starting at 1.0 pips and USD 0 commission, while the “Blueberry Direct Account” offers asset trading with zero spread and USD 7 commission. The broker offers over 300 trading instruments across 5 asset classes via 2 popular trading platforms – MetaTrader 4 and MetaTrader 5. Customers have unlimited access to a demo account. The minimum startup deposit required is USD 100.

The maximum leverage allowed for retail forex trading depends on where the account is registered – with the broker’s ASIC-regulated Australian branch or its Vanuatu Offshore Branch (VFSC). In Australia, ASIC imposes leverage of 30:1 on forex trading, while the VFSC allows leverage of up to 500:1 but clients are required to deposit a minimum of USD 500 to take advantage of the maximum leverage ratios.

Clients can choose between two powerful trading platforms – MetaTrader 4 (MT4) and MetaTrader 5 (MT5). They are supported on multiple devices to implement their strategies – browser-based, desktop, mobile and tablet. MT4 – offers easy customization and flexibility, and MT5 – provides clients with next-level trading capabilities.

Blueberry Markets offers over 300 financial instruments grouped into 5 asset classes:

Currency Pairs – You can trade CFDs on 38 currency pairs including majors, minors, and exotics.

Indices – 10 CFDs are available on major indices such as the UK100, US30 and DAX 40.

Commodities – 5 CFDs on metals and energy products, including Gold and Oil.

Shares – CFDs of 50 US and nearly 200 Australian shares are available.

Cryptocurrencies – CFDs on the most traded cryptocurrencies such as BTC, ETH, etc.

Blueberry Markets requires a minimum deposit of USD 100 to open an account, and the brokerage claims that it does not charge any fees for deposits and withdrawals. Customers can deposit in 9 currencies through multiple methods such as credit/debit card, bank transfer, e-wallets such as Skrill, FasaPay, Neteller and more. All withdrawals are processed within one business day.

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