Thinking about creating a trading partnership with Blueberry Markets? There are hundreds of forex brokers available online, as well as a large number of scammers, making it difficult to determine who can be trusted. Fortunately, we have thoroughly investigated and analyzed Blueberry Markets, including everything from the trading platforms to the account kinds and regulatory requirements. We have done a thorough investigation into all of the necessary facts so that you can determine whether or not this broker is a good fit for you.
Get started with Blueberry Markets.
Blueberry Markets is an Australian-based forex broker that was established in 2015. They provide over 50 forex pairs on MT4 and MT5, as well as ECN trading settings. They provide professional trading conditions, as well as leverage on trading accounts of up to 1:500 on certain accounts.
In addition to offering excellent trading conditions and tight spreads, Blueberry Markets enjoys an excellent reputation in the online trading community, despite the fact that they are fully regulated by the Australian Securities and Investments Commission (ASIC) and adhere to their client fund segregation rules.
Blueberry Markets is the trade name of Eightcap Pty Ltd, with the ABN 73 139 495 944. Blueberry Markets is operated by Eightcap Pty Ltd. Eightcap is regulated by the Australian Securities and Investments Commission (ASIC), with AFSL number 391441. Over the last several years, there have been numerous amazing brokers emerging from Australia, all of them provide excellent 1:500 leverage, in contrast to European brokers. At first appearance, this appears to be an excellent forex trading broker for people seeking a secure and professional trading environment.
Fortunately for us, Blueberry Markets is based in, and is controlled by, the Australian government. As a result, they are able to provide clients with 1:500 leverage, which is a HUGE benefit because it helps traders to build their accounts at a reasonable rate. If you are concerned about having high leverage, you may cut it all the way down to 1:1 in your client portal, which eliminates the possibility of losing a significant portion of your account in a single trading transaction.
You will have access to over 54 trading pairs, which is similar to the bulk of forex brokers available online these days. The majors, minors, indexes, commodities, and energy are all included, which is more than enough! If you wish to trade specialized markets, I would recommend opening a free sample account right away to check out the spread and circumstances on that particular pair. However, if you only want to trade conventional forex pairings, the conditions at Blueberry are more than adequate for your needs.
Trading spreads and expenses are critical considerations for traders, particularly scalpers, because this style of trading generates just a tiny number of pips every trade. Even swing traders must make certain that they are dealing with a forex broker that offers reasonable pricing.
As of right now, with this broker, the regular account charges no commissions each trade and has a variable spread of around one pip every transaction. In terms of costs, this is quite competitive; it is not the lowest on the market, but it is also not the most costly! There are no spreads on the professional account, and the cost is only $7 every 1 lot traded, which is incredibly low in comparison to other brokers.
The trading conditions provided by Blueberry marketplaces are unrivaled in the industry. I view the current market circumstances to be ideal for day trading FX instruments and even longer-term swing trading. The professional account is one of the most affordable options available on the market! If you can locate a forex broker that charges a slightly lower cost in the markets, the peace of mind that comes with dealing with a trusted forex broker that is authorized by the ASIC outweighs the extra $1 fee each lot exchanged.
This broker provides two real trading accounts, as well as a free demo account, to its customers. Traders of all types, from scalpers to swing traders, can benefit from having one of these accounts open. This is divided into two categories: the Standard Account and the Professional Account. In addition to 1:500 leverage, exceptionally narrow spreads, and minimal costs, each of these account types provide access to over 54 tradeable products on both MT4 and MT5.
For the vast majority of forex traders, I would strongly advise using the Standard trading account. You may enter the markets with a relatively little investment of only $100, take use of huge leverage, and yet benefit from extremely narrow spreads without having to pay any commissions.
If you are a professional trader with a large account balance, or even if you are a scalper, I would recommend the Professional Account, since having 0.0 pips spreads and only paying commission may be really beneficial! I use the Standard account and have had absolutely no problems with it all.
Overall, we were quite happy with Blueberry Markets and would suggest them to
anyone who is seeking for a trustworthy and competent FX brokerage firm.
Licenses for Blueberry Markets include the following: EightCap Pty Ltd - authorized by ASIC (Australia) registration ABN 73 139 495 944 AFSL 391441 Eightcap Global Ltd. - authorized by SCB (Bahamas) SIA-F220 Eightcap Pty Ltd - authorized by ASIC (Australia) registration ABN 73 139 495 944 AFSL 391441 Eightcap Pty Ltd - authorized by ASIC (Australia) registration ABN 73 139 495 9
A broker based in Australia, Blueberry Markets (also known as EightCap) is a trading name used by a larger broker of the same name that is quite popular in the United States. Blueberry Markets provides transparent pricing and allows clients to benefit from industry-leading technology solutions provided by the best liquidity providers.
Concluding Blueberry Markets study, we acknowledge safe broker to trade with, also established with regard to Australian regulations and competitive price. What we truly love in its offering, is a perfect balance between the trading circumstances, atmosphere and assistance Blueberry Markets gives. Also, both new and expert traders may discover its good may in prospective long term trading success.
Sites like Blueberry Markets in the UAE
Here is a list of quality Forex, CFD, Stock and Crypto Brokers for new and professional traders living in the UAE:
- Olymp Trade - People simply love this one (Olymp Trade Review)
- Binance - World's largest cryptocurrency e-wallet and exchange that also has an online trading platform, where their members can invest or trade in virtually hundreds of cryptocurrencies and new tokens. (Binance Review)
- IG Markets UAE - UK broker located at Tower 2, Level 27, Al Fattan Currency House, DIFC. (IG Markets UAE Review)
- City Index Middle East - London-city broker with a branch in the UAE. (City Index Middle East Review)
- eToro - Social trading platform, but much better options are available out there. (eToro Review)
- Swissquote - It's a Swiss bank that offers an online trading platform for forex and CFD trading. (Swissquote Review)
- easyMarkets - Israeli brand that is big all over. (easyMarkets Review)
- Forex.com - Google ranks them in the top 10 for the term "forex". (Forex.com Review)
- Plus500 - UK brand that has its own platform, OK for CFDs, with mediocre reviews. (Plus500 Review)
- AvaTrade - Regulated by ADGM's Financial Services Regulatory Authority (FSRA) in Abu Dhabi. (AvaTrade Review)
- FXCM.com - Oldest brand when it comes to retail online forex trading. (FXCM.com Review)
- Mashreq Neo - An online trading platform provided by Mashreq Bank. (Mashreq Neo Review)
- ForexTime (FXTM) - Owned by Andrey Dashin from the Alpari broker fame. (ForexTime FXTM Review)
- Noor Capital - Licensed and Regulated by the UAE Central Bank and SCA. (Noor Capital Review)
- XM.com - XM broker is big in Africa and South East Asia, and now promoting themselves hard in the UAE. (XM.com Review)
- Saxo Bank - Danish Investment Bank with a long history of catering for premium forex investors. It also provides crypto trading facility. (Saxo Bank Review)
- Pepperstone - Originally Australian, but licensed locally by Dubai Financial Services Authority. (Pepperstone Review)
- CMC Markets - UK-based broker that is popular among CFD traders. (CMC Markets Review)
- ETX Capital - UK broker that has a decent reputation among Arab investors. (ETX Capital Review)
- Interactive Brokers - American online-trading broker that is expanding into Asian and Arab markets nowadays. (Interactive Brokers Review)
- Rakuten Securities - Japanese broker that usually looks out for large institutional investors. (Rakuten Securities Review)
- Dukascopy Bank SA - Swiss bank that offers online forex trading on its own proprietary platform. (Dukascopy Bank SA Review)
- IQ Option - It's a below-average broker with no Dubai office, but does have a toll-free virtual number for UAE: 800 032 0891 -> No Arabic, English only. (IQ Option Review)
Reviewed by Arpita Singh
Arpita Singh is the main writer at ForexBroker.ae. As a senior investment professional with 10+ years of experience working at top-tier Private Equity and Sovereign Wealth Fund; she is also responsible for fact-checking concepts, reviews, and related details about brokers and exchanges listed on this website. Full Bio.