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The broker holds a license from a recognised regulator, but this review found a problem it could not clear, such as a regulator warning in another country or a license claim that is not on the register. Read the regulation section before depositing.

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Blueberry Markets Review · 2026

Warning Broker

Review · 2026 Sydney, Australia · Founded 2016 · Operating as Blueberry Markets Pty Ltd

License verified 21 Sep 2026 Next re-scan Dec 2026 10+ years in operation Min. deposit $100 · Leverage 1:30 / 1:500

Key facts

Checked against ASIC register
Regulation
ASIC, FSC, VFSC
Headquarters
Sydney
Business model
Market Maker
Registration
Australia
Min. deposit
$100
Max leverage
1:30 / 1:500
Spread from
0.0 pip (Direct)
Founded
2016
Legal entity
Blueberry Markets Pty Ltd
Website
blueberrymarkets.com
Support email
support@blueberrymarkets.com
Phone
+61 2 7908 3946
Influence index
D · Australia

Active licenses

Checked on the regulator's public register, not the broker's website.

4 active
  • ASIC AU
    Active
    Entity
    Blueberry Australia Pty Ltd
    License ID
    535887
    Type
    Australian Financial Services Licence (AFSL)
    Checked
    21 Sep 2026
    Tier
    Tier 1 Full investor protection
  • ASIC AU
    Active
    Entity
    Blueberry Prime Partners Pty Ltd
    License ID
    364411
    Type
    Australian Financial Services Licence (AFSL)
    Checked
    21 Sep 2026
    Tier
    Tier 1 Full investor protection
  • FSC MU
    Active
    Entity
    Blueberry Markets (Mauritius) Ltd
    License ID
    GB24203929
    Type
    Full Service Dealer (excluding underwriting)
    Checked
    21 Sep 2026
    Tier
    Tier 2 Strong framework, partial protection
  • VFSC VU
    Active
    Entity
    Blueberry Markets (V) Ltd
    License ID
    700697
    Type
    Financial Dealer, Classes A, B and C
    Checked
    21 Sep 2026
    Tier
    Tier 4 Registration only, no real oversight

Score breakdown

Six dimensions, weighted per the published rubric.

Methodology →
Regulation 2.0/10
Weight 25%
License 2.0/10
Weight 20%
Risk Control 4.5/10
Weight 20%
Business 4.0/10
Weight 15%
Software 6.5/10
Weight 10%
Influence 1.5/10
Weight 10%

Strengths

6
  • ASIC-regulated Australian entity under AFSL 535887
  • Raw spreads from 0.0 pips with $7 round-turn commission
  • MT4, MT5, cTrader, TradingView, Blueberry X and WebTrader
  • More than 60 forex pairs and 300+ CFD instruments
  • $100 minimum deposit for Standard and Direct accounts
  • Client funds held in segregated accounts with tier-one banks

Weaknesses

5
  • FSC Mauritius license claimed but unverified in public records (scan date 2026-09-19).
  • Bappebti blocked its website for unlicensed futures activity in Indonesia in 2022.
  • International clients may be onboarded through offshore entities
  • Demo accounts expire after 30 days unless extended
  • Free VPS requires at least 15 lots traded each month

Fees & trading

Min. deposit $100 · Leverage 1:30 / 1:500

Trading platforms

  • MT4
  • MT5
  • cTrader
  • TradingView
  • Blueberry X
  • WebTrader

Account types

  • Standard
  • Direct
  • Cent

Deposit methods

  • Bank Transfer
  • Visa/Mastercard
  • Skrill
  • Neteller
  • Crypto

VPS hosting

Free with a $100 deposit and at least 15 lots traded each month.

Full review 7 min read Updated 21 Sep 2026

Blueberry Markets review 2026: MT4, MT5, cTrader, TradingView and raw spreads from 0.0 pips

Blueberry Markets is a Sydney-based market maker forex and CFD broker founded in 2016. Licensed by ASIC under AFSL 535887 and by the VFSC through Blueberry Markets (V) Ltd, it trades on MT4, MT5, cTrader, TradingView, WebTrader, and Blueberry X with Standard, Direct, and Cent accounts. Serves retail and professional clients across 60+ forex pairs and 300+ CFDs on indices, commodities, shares, and cryptocurrencies.

Blueberry Markets review

What is Blueberry Markets?

Blueberry Markets is a Sydney-based forex and CFD (Contract for Difference) broker founded in 2016. The brand operates through several legal entities rather than one company serving every client worldwide. Its Australian structure includes Blueberry Australia Pty Ltd and Blueberry Prime Partners Pty Ltd. International operations also reference entities in Mauritius and Vanuatu.

The broker uses a market maker model and provides more than 60 forex pairs plus over 300 CFD instruments. Its product range includes indices, commodities, shares, and cryptocurrency CFDs. The important structural point is that the legal entity behind an account can change the regulation, leverage limits, and available protections. The contracting entity therefore matters as much as the Blueberry Markets brand name.

Is Blueberry Markets regulated? Verification check

Regulation is split across Australia, Vanuatu, and a claimed Mauritius authorization. ASIC (Australian Securities and Investments Commission) oversight applies to Blueberry Australia Pty Ltd under AFSL 535887. Blueberry Prime Partners Pty Ltd also holds AFSL 364411 and is identified in the broker structure for payment processing.

The Vanuatu entity is Blueberry Markets (V) Ltd, registered with the Vanuatu Financial Services Commission under number 700697. Its disclosed authorization covers Classes A, B, and C under the Financial Dealers Licensing Act. Vanuatu regulation does not provide the same investor-protection framework as Australian ASIC supervision.

Blueberry Markets also discloses Blueberry Markets (Mauritius) Ltd and Global Business Licence GB24203929. That Mauritius license claim could not be independently verified in the regulator public records during the prior verification scan on September 19, 2026. The claim should therefore not be treated as confirmed regulatory coverage in this review.

Trading platforms

Trading platform coverage is one of the broker's broadest operational features. The verified profile includes MT4 and MT5, meaning MetaTrader 4 and MetaTrader 5, plus cTrader, TradingView, Blueberry X, and WebTrader. MT4 and MT5 support automated strategies through Expert Advisors, while TradingView adds browser-based chart trading and Pine Script tools.

Blueberry X is the broker's proprietary platform option. cTrader provides another interface for forex and CFD execution, while WebTrader removes the need for a desktop installation. This platform mix lets traders separate execution preferences from account pricing. The broker also advertises a VPS, or virtual private server, for automated trading. Free VPS access requires a $100 deposit and at least 15 lots each month.

Red flags and warning signs

Blueberry Markets has verified Australian regulation, but its international structure creates several points that require separate checks. The principal concerns are not based on anonymous accusations. They come from the regulatory and licensing record used for this review.

  • The Mauritius authorization disclosed as GB24203929 was not independently confirmed during the September 19, 2026 scan.
  • Bappebti blocked the Blueberry Markets website in Indonesia for unlicensed futures activity in 2022 (source: Bappebti blocked-domain list, 2022).
  • International clients can fall under offshore entities instead of the ASIC-regulated Australian entity.

These findings do not erase the Australian AFSL registrations. They mean the phrase "regulated broker" needs an entity-level explanation. An ASIC-regulated Australian account and an offshore Vanuatu account do not carry identical regulatory safeguards.

What is the minimum deposit?

The minimum deposit in the verified broker profile is $100. That amount applies to the main Standard and Direct account structures. A low entry threshold changes the amount needed to activate an account, but it does not change the regulatory entity assigned to that account.

The broker's pricing profile separates spread-only and raw-pricing structures. A spread is the difference between the bid and ask price. Standard pricing incorporates costs into the spread, while Direct pricing starts from 0.0 pip. A pip is a standard unit used to measure small forex price movements. Direct pricing carries a $7 round-turn commission per standard lot.

Is the broker on any regulator warning lists?

The identified public regulatory action is the Indonesian Bappebti domain block. Bappebti included Blueberry Markets among websites associated with commodity futures activity conducted without the required Indonesian authorization in 2022 (source: Bappebti blocked-domain list, 2022). The finding relates to authorization in Indonesia rather than cancellation of the Australian AFSL registrations.

The distinction matters because a country-specific block is not the same as a global license revocation. The prior research did not identify an active revocation of ASIC AFSL 535887 or AFSL 364411. Blueberry Markets also states that it does not accept applications from Indonesia, which is consistent with treating Indonesia as a restricted market rather than an operating jurisdiction.

What do user complaints say?

User complaints require different evidentiary treatment from regulator findings. FXSharp's verified research for this review did not contain an approved user-aggregate score or a validated complaint count. Individual posts therefore cannot be presented here as established facts about withdrawal performance, account closures, or trade execution.

The practical distinction is straightforward. A regulator action can be reported as a documented event, while an individual review remains an allegation unless independently established. The verified disadvantages in this profile instead focus on the unconfirmed Mauritius authorization, the Indonesian domain block, entity-dependent regulation, the 30-day demo limitation, and the VPS trading requirement.

How to verify the broker for yourself

License verification starts with the legal company name, not the marketing brand. A regulator database search for only "Blueberry Markets" can miss records held under related corporate entities. The following identifiers are the relevant checkpoints from the verified profile:

  1. Search ASIC records for Blueberry Australia Pty Ltd and AFSL 535887.
  2. Search ASIC records for Blueberry Prime Partners Pty Ltd and AFSL 364411.
  3. Check the Vanuatu Financial Services Commission for Blueberry Markets (V) Ltd and number 700697.
  4. Check the Mauritius Financial Services Commission for Blueberry Markets (Mauritius) Ltd and licence GB24203929.

The company name and license number should match the regulator record together. A matching brand name alone is insufficient because several corporate entities can operate under the same commercial identity.

How does customer support work?

Customer support is available through the broker's published contact channels. The verified profile lists support@blueberrymarkets.com and the international telephone number +61 2 7908 3946. Online support is also integrated into the broker's website infrastructure.

Support becomes particularly relevant when confirming the contracting entity before funding. A useful regulatory question is not simply whether Blueberry Markets is regulated. The precise question is which legal entity will hold the account and which regulator covers that entity. The answer determines whether the relationship falls under ASIC, the Vanuatu structure, or another disclosed entity.

Where is the broker actually based?

The operational headquarters in the verified profile is Sydney, Australia. The group structure extends beyond Australia through entities registered in Vanuatu and Mauritius. Blueberry Prime Partners Pty Ltd also has an Australian corporate presence and is associated with payment processing.

This geographic split explains why the website can display one brand while different customers receive different legal documentation. An Australian headquarters does not automatically place every international account under Australian regulation. The account agreement should identify the contracting company. That entity name is the reference point for determining regulatory protection, complaint routes, and applicable trading conditions.

Account types and bonus terms

The verified profile lists Standard, Direct, and Cent account types. Standard accounts use spread-based pricing, while Direct accounts use raw pricing from 0.0 pip plus commission. Cent accounts provide another account denomination structure. The profile does not confirm an Islamic account as a standard account type.

Leverage, meaning the exposure controlled relative to deposited margin, is listed as 1:30 / 1:500. The two ratios show why entity selection matters. Higher leverage is associated with different eligibility or offshore conditions rather than one universal setting for every client. Demo accounts expire after 30 days unless extended.

Feature Blueberry Markets Information
Founded 2016
Headquarters Sydney, Australia
Disclosed regulators ASIC 535887, ASIC 364411, VFSC 700697, Mauritius FSC GB24203929 claimed
Registration verified ASIC and VFSC verified in profile; Mauritius claim not independently verified
Trading platforms MT4, MT5, cTrader, TradingView, Blueberry X, WebTrader
Minimum deposit $100
Maximum leverage 1:30 / 1:500
Account types Standard, Direct, Cent
Islamic account Not disclosed in verified profile
Customer support Email, phone, online support
Deposit methods Bank transfer, Visa/Mastercard, Skrill, Neteller, crypto

Is Blueberry Markets safe? Honest assessment

Blueberry Markets has a mixed regulatory profile rather than a simple regulated-or-unregulated classification. The Australian business includes ASIC-regulated entities, and the broker provides a broad platform set with MT4, MT5, cTrader, TradingView, and Blueberry X. Standard and Direct accounts start from a $100 minimum deposit.

The main qualification concerns international entity selection. The Mauritius licence claim was not independently verified in the prior public-record scan, while Vanuatu provides a lighter offshore framework. Bappebti also blocked the website in Indonesia in 2022 for unlicensed futures activity. The regulatory protection attached to an account therefore depends on the exact company shown in the client agreement.

Forex and derivative products carry high leverage; some or all invested capital may be lost. This content is for information only, not investment advice. Verify the broker's current regulation status with the relevant authority's official site before any investment decision.

FXSharp Editorial Team
Published 21 Sep 2026 · Last verified 21 Sep 2026 · Sources: ASIC register, FSC register, VFSC register, blueberrymarkets.com

Frequently asked questions

Blueberry Markets operates through several regulated and offshore entities. Blueberry Australia Pty Ltd holds ASIC AFSL 535887, while Blueberry Prime Partners Pty Ltd holds AFSL 364411. Blueberry Markets (V) Ltd is registered in Vanuatu under number 700697. The claimed Mauritius licence GB24203929 was not independently verified during the September 19, 2026 research scan.
Blueberry Markets is not accurately described as wholly unregulated because its Australian entities hold ASIC financial services licences. The risk profile is mixed because international accounts can involve offshore entities, the Mauritius licence claim was unverified in the prior scan, and Bappebti blocked its website in Indonesia in 2022 for unlicensed futures activity.
Blueberry Markets appears in a 2022 Bappebti blocked-domain list covering websites conducting commodity futures activity without the required Indonesian authorization. That action relates to Indonesia and does not itself cancel ASIC AFSL 535887 or AFSL 364411. The verified profile did not record an active revocation of those Australian financial services licences.
Blueberry Markets licence verification requires searching by legal entity and licence number. Check Blueberry Australia Pty Ltd with ASIC under AFSL 535887, Blueberry Prime Partners Pty Ltd under AFSL 364411, and Blueberry Markets (V) Ltd under Vanuatu number 700697. The Mauritius claim should be checked under Blueberry Markets (Mauritius) Ltd and GB24203929.
Blueberry Markets is headquartered in Sydney, Australia, but the group uses multiple legal entities. Australian operations include Blueberry Australia Pty Ltd and Blueberry Prime Partners Pty Ltd, while international structures reference Vanuatu and Mauritius. The company named in a client's agreement determines which regulator and legal jurisdiction apply to that specific account.

User reviews & complaints

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