Blueberry Markets Review 2023

The international Forex broker Blueberry Markets has been offering access to the financial and currency markets since 2016. It has representative offices in Australia and Vanuatu that operate under the control of ASIC (Australian Securities and Investments Commission) and VFSC (Vanuatu Financial Services Commission). With this brokerage company, you can trade more than 300 assets including currency pairs and CFDs, join copy trading platforms, and invest in MAM accounts. Blueberry Markets offers advanced analytics, three levels of training, and a free VPS server. In 2020 and 2021, the company has been a finalist for the Best Online Client Service Award, established by the Finder website with over 1 million users.To get more news about blueberry markets review, you can visit wikifx.com official website.

Spreads at Blueberry Markets are not as low as advertised on the website. But they cannot be such on standard accounts, because the broker must make a profit too. The fee per lot when trading currency is similar to that of its competitors. I like the conditions of the partnership program. The broker offers many payment methods, but there are restrictions for each country. The withdrawal of funds by bank transfer is expensive, so I advise you to choose alternative methods. I deposited and withdrew funds via Skrill, and its fees were fine for me: I paid $4 to withdraw $200. Blueberry Markets conditions are not the best, but they are normal, so you can trade.
I don't usually deal with offshore brokers, but Blueberry Markets is also controlled by ASIC, so I decided to try it. After trading for 5 months, I can evaluate the company positively, but I will still note a few minuses. Not all assets are available in MT4, and cryptocurrency trading is only possible 24/5. There are no restrictions on strategies, but only if you trade under the regulation of Vanuatu. In general, I am satisfied with the conditions of Blueberry Markets. Fees here are average, and the execution speed for intraday trades is suitable. They withdraw money quickly enough, but a lot depends on your bank. In the near future, I plan to invest in several MAM (Multi-Account Manager) accounts through this broker.
The broker Blueberry Markets works for me. Spreads, swaps, and fees for funds withdrawal are acceptable. Execution speed is also good. I trade using MT4. And although there are fewer assets available in it, I like this terminal more than MetaTrader 5. The support service always responds quickly, but the promptness does not affect the quality. No matter how many times I applied, they have always helped me. And even when the account was blocked due to inactivity, the chat operator solved my problem within 10 minutes. I am not looking for another broker yet, because Blueberry Markets honestly fulfills all its obligations.
The broker Blueberry Markets offers market execution. At the same time, all orders are executed in the GTC (Good Till Canceled) mode, that is, they remain open until they are canceled by the trader. Thus, the result of the transaction always depends on a decision by the client, not the company. The exception is the positions closed by Blueberry Markets due to insufficient capital.

Non-Australian clients are allowed to hedge and scalp. Moreover, the broker does not hold margins for hedged positions. ASIC bans hedging and the involvement of counselors that work on this strategy, so they cannot be used by traders in Australia. There are exceptions to this rule: Australian wholesale investors with the Blueberry Pro qualification can engage in hedge trading.

Many payment services are available for depositing and withdrawing funds, including cryptocurrencies. However, the company withdraws profits using the same method that the client used to fund the trading account. If the money was credited in several ways, then the trader will receive his profit on a Visa or MasterCard. Blueberry Markets employs the legal requirements imposed by KYC (Know Your Client/Customer) rules on fintech (financial technology) firms and brokers, so identity verification is mandatory. Also, the transfer of funds to and from third parties is strictly prohibited.
To receive passive income, Blueberry Markets offers copy trading platforms, trade by signals, and the use of robots and counselors to automate the process. Experienced traders can earn their fees by managing MAM accounts. Also, additional passive profits are available to clients who become partners of Blueberry Markets.