Blueberry Markets

Blueberry Markets has been operating since 2016 and is known among professional traders for its no dealing desk (NDD) execution, competitive spreads and support for platforms such as MetaTrader, TradingView and cTrader. Its final score on Teagle is above 4, but its regulation status and services for Iranians come with points you should know before deciding. This overview is based on Teagle's data.

What kind of broker is Blueberry Markets?

Blueberry Markets is a broker with about 10 years of history, and its country is listed as Australia in Teagle's data. The broker emphasizes transparency, fund safety and execution quality, and with its no dealing desk approach it executes orders quickly. Teagle's table lists more than 300 instruments for it across forex, indices, commodities, stocks and cryptocurrencies. Specialized 24/7 support, educational resources and the Blueberry Premium program for loyal clients are other features of Blueberry Markets. If you are not familiar with order execution models, the article What Are A-Book and B-Book Brokers explains the difference between them.

Blueberry Markets licenses and credibility

According to Teagle's latest review, Blueberry Markets holds two active licenses:

• FSC (Financial Services Commission), license number GB24203929;
• Vanuatu VFSC with license number 700697, which is an offshore and weak license.

Although the broker's country is listed as Australia and its profile carries a "Full license" label, no ASIC license or any other tier-1 regulation is listed for it on Teagle. For this reason, the license section of Teagle's risk index received a low safety score. To understand how these licenses differ from top-tier oversight, read the article Offshore vs Onshore Brokers .

Does Blueberry Markets serve Iranians?

No. According to the Teagle team's review, the most important limitation of Blueberry Markets for Iranian users is that it does not officially accept residents of Iran. Access for users from sanctioned countries is restricted, access from Iran requires changing your IP, and there is no Persian support. As a result, Iranian traders cannot use this broker's services officially and reliably, and signing up with false documents carries the risk of account blocking. To learn more about this risk, see the article Brokers Banned for Iranians and How to Choose a Safe Broker .

Blueberry Markets trading accounts

Blueberry Markets offers two accounts, both with a minimum deposit of $100, leverage up to 1:500, an 80% margin call, a 50% stop-out and no requotes:

• Direct / Raw account: raw spreads from 0.0 pips and a commission of $7 per lot; suitable for scalpers and high-volume traders.
• Standard account: no commission and floating spreads from 1.0 pips.

According to Teagle's table, neither account has an Islamic (swap-free) version. To compare the costs of raw and standard accounts, read the article ECN Accounts and How They Differ from Other Accounts .

Blueberry Markets platforms and services

Blueberry Markets offers plenty of platform choices: MetaTrader 4, MetaTrader 5, WebTrader, TradingView, cTrader and its proprietary Blueberry X platform. The TradingView connection is a major plus for those who want analysis and execution in one place; see how to set it up in the guide to connecting a broker account to TradingView . Scalping, hedging, news trading and instant verification are also allowed. Additional services include bonuses, cashback, rebates, education, copy trading and social trading, PAMM, expert advisors, VPS, a trading API and an IB program.

Deposits and withdrawals at Blueberry Markets

According to Teagle's table, the minimum deposit via Skrill and Neteller, bank wire, credit card, Google Pay and Apple Pay, and JetonWallet is $50; crypto deposits (USDT, BTC, etc.) start from $100, with a minimum withdrawal of $20. Most methods, including crypto and e-wallets, take about 30 minutes to 1 hour, while bank wires take 1 to 7 business days. The broker charges no fee for bank wires, but an intermediary bank may deduct about $25. E-wallets and cards incur MDR fees and transfer costs, and withdrawals to cards are processed as refunds.

Blueberry Markets score and risk on Teagle

Blueberry Markets' final score on Teagle is 4.08 out of 5: Trustpilot 4.5, Forex Peace Army 4.11, Teagle expert 4 and WikiFX 3.7; Teagle users have not posted any reviews yet. However, the Teagle Eye risk index for this broker is 43 out of 100, in the "medium risk" category; high credibility scores and a 10-year history count in its favor, while the lack of a tier-1 license counts against it. See where it stands in the low-commission broker rankings .

Pros and cons of Blueberry Markets

• Pro: fast order execution with no dealing desk
• Pro: a variety of platforms, including MT4, MT5, TradingView and cTrader
• Pro: high scores on review sources and more than 300 trading instruments
• Con: does not officially accept residents of Iran and has no Persian support
• Con: its only active licenses are FSC and VFSC, and it has no Islamic account
• Con: premium services require more capital, and CFD and leveraged trading carries high risk

Who is Blueberry Markets suitable for?

Blueberry Markets suits traders who live in the countries it serves and want fast execution, competitive spreads and professional platforms. It is not a good option for users living in Iran or those who need Persian support or verification with Iranian documents. If you are outside Iran, weigh it up in the Blueberry Markets vs TMGM comparison .

Conclusion

Blueberry Markets has a good track record in execution quality and platform variety, but it does not officially accept Iranians, and its active licenses are not tier-1. If you live in another country, start with a small amount, make a test withdrawal and follow the latest warnings on the investment risk warning page .