Independent review · checked 29 Aug 2026

Blueberry Markets review: which entity actually holds you

Blueberry Markets is one brand over four companies, and which one holds your account decides almost everything else. Australians get Blueberry Australia Pty Ltd under AFSL 535887, leverage capped at 30:1. Everyone else lands in Vanuatu or Mauritius at up to 500:1. Both accounts open at $100.

Go to the platform See the account types

18+ Outside Australia your account sits with a Vanuatu or Mauritius company.

By Editorial team, blueberrymarkets.radio.fmUpdated 6 Oct 2026

EURUSDEuro / US dollar · daily

Next close?5 Oct 2026

Real daily candles to 5 Oct 2026. A history lesson, not a signal.

Forex sessions

Sydney

Tokyo

London

New York

EURUSDForex

1.12095-0.36%

XAUUSDMetals

4,184.90+0.54%

US30Indices

51,177+0.49%

BTCUSDCrypto

86,042-0.51%

BRENTCommodities

102.41+0.16%

AAPLUS shares

333.69+1.02%

EURUSDForex

1.12095-0.36%

XAUUSDMetals

4,184.90+0.54%

US30Indices

51,177+0.49%

BTCUSDCrypto

86,042-0.51%

BRENTCommodities

102.41+0.16%

AAPLUS shares

333.69+1.02%

Daily closes, 5 Oct 2026. Reference only, not live prices.

Key facts

Blueberry Markets in eight numbers

4 companiesBrandone brand, four legal entities

AFSL 535887ASIC · currentBlueberry Australia Pty Ltd, since 27 May 2024, Australians only

AR 001245440Rep onlyBlueberry Markets Pty Ltd — no AFSL of its own

700697 · 218548OffshoreVanuatu and Mauritius (GB24203929) companies

$100Both accountsminimum deposit on both accounts

1.0 / 0.0 pipsStd · RawStandard / Raw spreads, plus $7 per lot round turn on Raw

500:1 vs 30:1Riskoffshore leverage vs Australian retail FX

$100,000Demovirtual funds on the demo account

The brand

Who Blueberry Markets is — and how many companies that means

Blueberry Markets is a forex and CFD broker with one name and one logo but several companies behind it. The international site, blueberrymarkets.com, carries the copyright of Blueberry Markets Pty Ltd, ABN 40 606 959 335. The Australian site, au.blueberrymarkets.com, is run by a separate company, Blueberry Australia Pty Ltd, ABN 67 646 513 797, trading as “Blueberry Markets Group” — and its own Financial Services Guide says the site and its services are not intended for anyone living outside Australia.

The other two companies sit offshore: Blueberry Markets (V) Ltd in Vanuatu and Blueberry Markets (Mauritius) Ltd in Mauritius. They take everyone who is not an Australian resident.

Neither the founding year nor the founders' names appear anywhere on the site. The closest checkable anchors are public records: the ABN of Blueberry Markets Pty Ltd has been active since 8 July 2015, and its appointment as an authorised representative starts on 21 July 2016.

AFSL 535887 · CURRENTAR 001245440 · REPRESENTATIVEVANUATU 700697 · VFSCMAURITIUS GB24203929 · FSCMIN DEPOSIT $100RAW FROM 0.0 PIPSSTANDARD FROM 1.0 PIPS$7 / LOT ROUND TURNLEVERAGE 500:1 OFFSHORELEVERAGE 30:1 AUSTRALIADEMO $100,000TRUSTPILOT 4.5 · 3,267AFSL 535887 · CURRENTAR 001245440 · REPRESENTATIVEVANUATU 700697 · VFSCMAURITIUS GB24203929 · FSCMIN DEPOSIT $100RAW FROM 0.0 PIPSSTANDARD FROM 1.0 PIPS$7 / LOT ROUND TURNLEVERAGE 500:1 OFFSHORELEVERAGE 30:1 AUSTRALIADEMO $100,000TRUSTPILOT 4.5 · 3,267

By the documents

Which entity holds your account

The answer comes from the broker's own documents, not its marketing. If you live in Australia, your account is opened by Blueberry Australia Pty Ltd, which holds AFSL 535887 in its own right. The licence covers general advice, dealing in derivatives and foreign exchange contracts and making a market in them, for retail and wholesale clients. Clause 1.7 of the Product Disclosure Statement limits the offer to people who receive it in Australia, are Australian residents and give an Australian address.

Everyone else is onboarded offshore. Blueberry Markets (V) Ltd, company 700697, holds a dealer licence of classes A, B and C under Vanuatu's Financial Dealers Licensing Act. Blueberry Markets (Mauritius) Ltd, company 218548, holds Global Business Licence GB24203929 as a Full Service Dealer, excluding underwriting.

That split matters more than the logo. AFCA membership and the Australian Client Money Rules belong to the Australian company; an account in Vanuatu or Mauritius does not come with them. The full chain is on our page on entities and licences.

ASIC professional registerdataset snapshot, 29 Aug 2026

Blueberry

Press search to pull the records.

Where do you live?Pick a country — see which company and rules you get.

The client portal, the login and what happens to your account

There is no separate Blueberry Markets login page to hunt for. Every account, demo or live, is reached through the client portal at portal.blueberrymarkets.com, which hands sign-in to a separate identity service at identity.blueberrymarkets.com. From the same portal you open a demo with $100,000 in virtual funds or a real account.

A real account is opened in AUD, USD, EUR, GBP, CAD, NZD, SGD or CHF. Choose with care: the Vanuatu client agreement allows a currency conversion fee of up to 2%, applied both when an open position is converted and when realised profit or loss is converted.

The broker does not publish MT4 or MT5 server names, so treat any third-party “server list” with suspicion. Support runs a 24/7 multilingual chat and support@blueberrymarkets.com. Download and sign-in notes are on our platforms page.

Demo balance 100,000.00 USD Virtual funds · no deposit

Account currency

Costs and leverage

What a trade costs, and how much leverage you actually get

Both accounts open with a $100 minimum deposit and a minimum trade of 0.01 lots. Standard has spreads from 1.0 pips and no commission. Raw has spreads from 0.0 pips and charges $7 per standard lot per round turn. On Raw the commission depends on the market — per side of a trade the broker lists the prices below.

Leverage is where one brand splits into two products. Offshore accounts go up to 500:1. Australian accounts follow ASIC's Product Intervention Order 2020/986, and the broker's PDS works its examples at 30:1 for margin FX, 20:1 for index CFDs and 5:1 for share CFDs. Full tables are on our page on accounts and costs.

Same $100 margin, one price move

Offshore · 500:1 · $50,000 position$100.00

Australia · 30:1 · $3,000 position$100.00

Press the button to move the price against both positions.

0.00%

Forex, Raw0.0 pips + $3.5

Indices, Raw0.5 pips + $0

Gold XAUUSD, Raw0.5 pips + $3.5

US shares, Raw0.5 pips + $2

Crypto, Raw0.5 pips + $0

Min trade, both0.01 lot

Standard

Spread: from 1.0 pips
Commission: $0
Min deposit: $100
Max leverage: 500:1 offshore

Raw called “Direct” in the broker's FAQ

Spread: from 0.0 pips
Commission: $7 / lot round turn
Min deposit: $100
Max leverage: 500:1 offshore

EURUSD ticketlast close 1.12095

1.00 lot

Standard, from

Raw, round turn

Notional

Margin at 500:1

Margin at 30:1

Read against itself

Four claims on the site that do not line up

We read the broker's own pages against each other on 29 August 2026. Four statements contradict each other or stand without any support. None of them changes the licence picture above, but each one tells you how far to trust the marketing copy around it.

0 / 4contradictions found

01Instruments

blueberrymarkets.com

2000+instruments in the homepage headline

blueberrymarkets.com/trading/account-types/

300+instruments listed on both accountsDoesn’t match

02Account name

…/account-types/ · comparison cards

Rawthe commission account

…/account-types/ · FAQ, same page

Directthe very same accountDoesn’t match

03Awards

blueberrymarkets.com · banner

Multi-award“Multi Award-Winning Broker”, with a trophy

search the whole site

0 namedawards, publishers or yearsDoesn’t match

04Restricted countries

blueberrymarkets.com · footer

Not acceptedapplications from Indonesia and Malaysia

blueberryid.com · careers

Local siteIndonesian site; hiring in Kuala LumpurDoesn’t match

The site also says client funds are held with “tier-one banks” — without naming a single bank.

Questions

FAQ

Is Blueberry Markets regulated by ASIC?

One company in the group is. Blueberry Australia Pty Ltd, ABN 67 646 513 797, has held AFSL 535887 in its own right since 27 May 2024, and its Financial Services Guide names it as the providing entity for Australian clients. The brand's international arm, Blueberry Markets Pty Ltd, has never held an AFSL of its own — it operates as authorised representative 001245440.

Which company will hold my account?

Australian residents are onboarded by Blueberry Australia Pty Ltd through au.blueberrymarkets.com, and clause 1.7 of the PDS limits that offer to Australian residents providing an Australian address. Everyone else is onboarded by Blueberry Markets (V) Ltd in Vanuatu, company 700697, or Blueberry Markets (Mauritius) Ltd, company 218548 under Global Business Licence GB24203929.

What is the minimum deposit?

$100 on both account types. The Standard account has spreads from 1.0 pips and no commission; the Raw account, which the site's own FAQ calls Direct, has spreads from 0.0 pips and charges $7 per standard lot per round turn. Minimum trade size is 0.01 lots on both.

How much leverage will I get?

Up to 500:1 on an offshore account. On an Australian account leverage is capped by ASIC's Product Intervention Order 2020/986, and the broker's own PDS works its examples at <span class="chip ok">30:1</span> for margin FX, 20:1 for index CFDs and 5:1 for share CFDs. Same brand, two very different risk profiles.

Are there fees on deposits and withdrawals?

The site publishes no withdrawal fee schedule and states that most deposits reflect instantly while withdrawals are processed within 24 hours on business days. The one documented broker charge is in the Vanuatu client agreement: a currency conversion fee of up to 2 per cent, applied both to converting an open position and to converting realised profit or loss.

Verdict

What you can check, and what you take on trust

Checkable

Four companies with their numbers
AFSL 535887 and its start date
The representative chain in the ASIC dataset
Tariffs and leverage in two regimes
The 2% conversion fee

Company claims

2000+ or 300+ instruments
Unnamed awards
“Tier-one banks”
Founding year — not stated at all

3,267 reviews · 29 Aug 2026

5★

87%

4★

3★

<1%

2★

<1%

1★

The company answers every negative review; the recurring complaint is disputed stop-loss execution.

Go to the platform How Blueberry Markets works

18+

Risk note

Trading CFDs with leverage can lose you the whole amount you deposit. At 500:1, a price move of less than a quarter of one per cent against your position wipes out the margin. AFCA and the Australian Client Money Rules do not cover an account held by the Vanuatu or Mauritius company. Read our risk notice.