What are our spreads and commissions? | Help Center - Blueberry Markets (2024)

FAQs

What are our spreads and commissions? | Help Center - Blueberry Markets? ›

Spread is the difference between the buy (ask) and the sell (bid) price quoted for an underlying instrument. Spreads on our Standard Accounts range from 1 pip, whereas on our Direct Accounts, they can be as little as 0.0. Direct Accounts also incur a commission of USD $7 per standard lot per round turn.

Blueberry Markets was a finalist for Finder's Innovation awards for the Best Online Customer service award category in 2020 and 2021. CFDs carry a high risk of investment loss.

Blueberry Markets is regulated by the Australian Securities and Investments Commission and the Vanuatu Financial Services Commission (VFSC). As mentioned, Blueberry Markets is governed by ASIC and the SCB.

Blueberry Markets cannot provide services to clients in the US due to laws and regulations.

Spread is the difference between the buy (ask) and the sell (bid) price quoted for an underlying instrument. Spreads on our Standard Accounts range from 1 pip, whereas on our Direct Accounts, they can be as little as 0.0. Direct Accounts also incur a commission of USD $7 per standard lot per round turn.

Blueberry Markets was founded in 2016 by Dean Hyde, who wanted to launch a new Retail Forex brand known for its low spreads and high level of client service.

Blueberries Market size was valued at USD 9,372.8 million in 2023 and is poised to grow at a CAGR of 4.7% over the forecast period (2024-2030). Blueberries are an extensively distributed and widespread group of perennial flowering plants with blue or purple berries.

We do not provide guaranteed stop-losses. We operate an automated 'margin call' mechanism to mitigate the risk of an account falling into a negative balance.

How long does it take to withdraw funds? We aim to process withdrawals within 24 hours on weekdays after a request has been made through the Client Portal, but this can be delayed in some cases. Withdrawals are handled by our Finance Department, which operates from 9 AM to 6 PM AEST/AEDT, Monday to Friday.

How long does it take to withdraw money from blueberry? ›

We process withdrawals between Mondays and Fridays within 24 hours of the request being made through the Client Portal.

Blueberry Markets is #96 in our rankings of CFD brokers. Blueberry Markets is an Australian-based CFD and forex broker offering 300+ instruments on the MT4 and MT5 platforms. Account holders also get access to DupliTrade, a low-latency VPS and educational materials.

What is the minimum and maximum volume I can trade? You can trade as low as 0.01 lots (or 1000 units of the base currency), and up to 40 lots (4,000,000 units of the base currency) on all currency pairs.

impressive service! If you want a top level broker and are happy to use MT4 you can't go wrong with Blueberry Market.

We allow scalping and hedging on our platforms. We do not charge any margin for hedged positions, which means the platform will only show an account's net position margin rather than the total amount of an account's combined hedged positions.

Blueberry Automated Market is not a trusted broker because it is not regulated by a financial authority with strict standards. We would not open an account for ourselves with them. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.

Withdrawals are handled by our Finance Department, which operates from 9 AM to 6 PM AEST/AEDT, Monday to Friday. Requests submitted after 4 PM AEST/AEDT will be processed on the next business day. Withdrawals made on weekends will be processed on the following Monday.