Blueberry Markets Review Australia 2026

Verdict

Blueberry Markets is a Sydney-based boutique broker that won’t be familiar to most Australian traders, and that’s worth saying upfront. It doesn’t have the brand profile of CMC, IG or Pepperstone. It hasn’t won the awards-circuit recognition of IC Markets or FP Markets. What it does have is a decade of operating history, ASIC oversight, and a customer service operation that punched well above its size in our testing.

For Australian traders, the honest pitch is this. If you’re shopping on price alone, the Direct account is competitive (EUR/USD from 0.0 pips plus AUD 7 round-turn), but it’s not the cheapest in the country. If you’re shopping on platform breadth, MT4 and MT5 are the only two platforms here. No cTrader, no TradingView. Where Blueberry actually earns its place on the shortlist is in the gap between the price-leader RAW brokers and the multi-asset incumbents. It’s a smaller shop where support replies in minutes, the onboarding feels like a person walked you through it, and the Asia-Pacific trading hours are properly covered.

It’s not the broker most Australian forex traders will pick first. But for traders who value responsive support and a tight Asia-Pacific operation more than the absolute cheapest pip, it’s a credible option.

Quick facts

Trading costs and fees

Direct account for active traders

The Direct account is Blueberry’s RAW-style offering. EUR/USD spreads start at 0.0 pips with a commission of approximately AUD 7 round-turn per standard lot. Total cost equivalent on EUR/USD typically lands around 0.7 pips once you factor in the commission and average spread. That’s competitive with the broader AU market, though not the absolute cheapest.

Standard account for casual traders

The Standard account uses spread-only pricing with no commission, and EUR/USD typically ranges from 1.0 to 1.4 pips.

Other fees AU traders should check

• Overnight swap rates apply on positions held past 5 PM New York. Direction-dependent.
• Inactivity fee: none. This is a meaningful win for occasional traders.
• Withdrawal fees: $0 on bank transfers.
• Currency conversion applies if you trade an instrument in a currency other than your account base.

Trading platforms

Blueberry runs MetaTrader 4 and MetaTrader 5 only. There’s no cTrader, no TradingView trading, no proprietary platform.

MetaTrader 4

MT4 remains the default for retail forex EAs and the broadest library of third-party tools. Blueberry’s MT4 build is connected to the same Direct pricing engine and supports hedging, partial closes, and the standard trailing stop logic.

MetaTrader 5

MT5 supports the broader asset class set (indices, stocks, futures natively) and a more modern strategy tester.

MyFXBook AutoTrade

Blueberry integrates with MyFXBook AutoTrade, which lets you mirror the trades of selected signal providers automatically. It’s a copy-trading layer that sits on top of MT4.

Mobile apps

Standard MT4 and MT5 mobile apps for iOS and Android. Biometric login supported on both. No proprietary mobile app.

Trust and safety

Trust score: 7.5/10.

Regulation

Blueberry Markets Pty Ltd operates under AFSL 334590 (verify on ASIC Connect). Blueberry has historically been associated with Eightcap Pty Ltd (AFSL 391441) under an Authorised Representative arrangement, and the current licence structure should be confirmed before publishing. Whichever way the licence is held, Blueberry operates as an ASIC-regulated entity for retail Australian clients.

History and ownership

Founded in Sydney in 2015. Privately held. The broker has positioned itself as a boutique alternative to the larger ASIC brokers, focusing on Asia-Pacific clients and personalised account management.

TrustPilot and public reviews

Blueberry carries a TrustPilot score of 4.6/5 from a smaller review base than the major brokers. Common positives in the reviews: support speed, account manager helpfulness, deposit and withdrawal turnaround.

Account types and minimum deposit

Funding and withdrawals

Deposit methods (AU clients)

Withdrawals

$0 fee on bank transfers and most e-wallets. Withdrawals must use the same source as deposits where possible.

Account opening

Fully online and AUSTRAC-compliant. One ID document, one proof of address. Most AU applications are reviewed within a business day. Onboarding test score: 11/15.

Product range

Blueberry’s range is forex-led with a sensible spread of CFDs across the major asset classes.

• Forex: 50+ pairs including all major AUD crosses
• Indices: major global indices including ASX 200, S&P 500, NASDAQ, FTSE 100, DAX, Nikkei, Hang Seng
• Commodities: gold, silver, oil (WTI and Brent), natural gas, agricultural softs
• Cryptocurrencies: major crypto CFDs including BTC, ETH, XRP. Note ASIC’s 2:1 leverage cap on crypto CFDs.
• Share CFDs: selection of US and ASX shares as CFDs

There’s no direct ASX share investing here. If you want to hold actual shares, look at CMC Markets or Interactive Brokers.

Customer service

This is where Blueberry differentiates. Our test cycle measured an average live chat response under 60 seconds during AU business hours, and an account manager phone call within four hours of opening the account.

Hours: 24/5, Monday to Friday Sydney time. Closed weekends.

Support languages: English, Mandarin, Arabic, plus other regional languages on request.

Research and education

Blueberry’s research and education stack is lighter than the larger brokers. You get:

• A daily market commentary blog
• Standard MT4/MT5 charting and indicator tools
• Economic calendar
• Trading guides for beginners
• Selected webinars (frequency varies)

How Blueberry Markets compares to alternatives

If you value…	Consider
Tighter raw spreads	IC Markets or Pepperstone
Broader product range	CMC Markets or IG Markets
cTrader or TradingView trading	Pepperstone or Eightcap
Direct ASX share investing	CMC Markets or Interactive Brokers
Copy trading	eToro
Lower minimum on a RAW account	Fusion Markets ($0)

Bottom line

Blueberry Markets isn’t the broker we’d put first on the shortlist for most Australian traders. Pepperstone, IC Markets, CMC and IG win on different metrics, and they win clearly. What Blueberry offers is a smaller, more personal alternative for traders who genuinely value support response and Asia-Pacific service over the absolute cheapest pip.

Verify the current AFSL structure on ASIC Connect before opening an account, run the Direct account through a demo for a fortnight, and compare the total cost of trading against IC Markets or Pepperstone before committing real money.

Open a Blueberry Markets demo → (affiliate link, see our advertiser disclosure)