Blueberry Markets

Why should you choose it. The full review.

You’ve probably heard of Blueberry Markets. It is a well-established broker, founded in 2016, and is already the best rated Retail Broker in Australia for its quality services, which include low commissions and full-time support.

Blueberry Markets has partnered with us to offer special terms for NNFX Algo Tester users that can’t be found anywhere else. And we are delighted to be partnering with a reputable trading broker that you can really trust.

So, Blueberry Markets is a stranger to nobody, but what makes it stand out when there are so many brokers available?
Well, there are several reasons:

• Safety / Regulations
  Making sure your money is protected is perhaps the most important concern when choosing a trading broker. Many traders have lost all their capital or had their accounts blocked when relying on disreputable companies established outside the major financial markets.
  So it makes sense to look for a broker that is regulated and supervised by the main government institutions (ASIC, ESMA, FCA, CySEC, etc.), which guarantee that your money is safe even if the company goes bankrupt. Blueberry Markets is a multi-region regulated broker, supervised by the Australian Securities and Investments Commission (ASIC) and Security Commission of Bahamas (CSB). Your funds will be ring fenced in accounts with trusted Australian banks. In the unlikely event that Blueberry were to go bankrupt, your funds would always be protected.
  
  
• Fast Withdrawls
  Having your money in your trading account without being able to withdraw it immediately is not a good sign. On Blueberry you can withdraw funds from your trading account to your bank account in 24 hours. There are no blocking periods, and no having to wait days to access your money.
  Withdrawals can be made using credit card, debit card, PayPal, bank transfer, Skrill, and many other methods.
  
  
• Quality Support / Customer Service
  Customer service is something we don’t think about until it’s really necessary, and at that time it’s vital that the company has a good support system in place, especially when our money is at stake. Blueberry Markets provides 24/7 quality support to all clients, so if there is ever a problem, you can get in touch right away. Blueberry Markets’ customer service is one of the features most praised in its customer reviews.
  
  
• Great Reviews
  Blueberry Markets has accumulated more than 2,750 five-star reviews, which shows how happy its customers are with the service they receive.
  It is rare to find a broker with so many positive reviews, as you can see for yourself at  Trustpilot, Google, and ForexAcadamy.

Does that all look good? We think so. But what about the trading experience? Does Blueberry
Markets stand out?
Again, yes. Blueberry Markets provides everything you need in a straightforward way. They don’t clutter things up with additional services that you are unlikely to want or need, such as courses or trading signals, complicated tools or platforms that are supposedly “free” but which you end up paying for in increased fees. There are no unnecessary extras here – just everything
you need.

Here are some of the most important points:

• Trading Instruments
  As well as Forex, Blueberry Markets has several instruments accessible directly from MT4 including Cryptocurrencies, Indices, Commodities and Metals.
  You can trade all 28 major pairs plus some SGD and exotic pairs (44 in total). In addition, you have access to 10 of the main cryptocurrencies, 12 world indices, and other commodities such as oil, gold and silver. On the MT5 they also offer the top 50 US shares, as well as 200 ASX shares.
  
  
• Lower Fees
  Most major brokers today already offer very low commissions, and Blueberry Markets is no different. Starting at 0.0 pips, the spread is around 1.0 pip on majors, and 2.5 on currency crosses. This allows you to take advantage of Interbank direct pricing.
  There are no commissions on the standard account; the only fees you pay are the spreads.
  
  
• Demo Accounts
  Demo trading before starting trading with real money is critical, and most brokers nowadays understand this and provide free demo accounts to their customers. The problem is that many demo accounts are limited to just a few months’ use, forcing you to open a real account or create a new demo account, so losing all your progress records.
  At Blueberry Markets you can use your Demo account for an unlimited time. You just need to contact your account manager and they will arrange it for you.
  
  
• Good historical data without weird Sunday Candles
  Another point that makes Blueberry Markets stand out is that up to 8 years of historical data is available for Forex pairs (daily time frame). Most brokers offer only 3 to 5 years.
  Also, Blueberry uses the New York Close time, which means that there are no weekend candles. Weekend candles can change the way our indicators and algorithms work, so it’s best to avoid them. You won’t have that problem with Blueberry.
  
  
• Trading Plataforms
  MT4 is all you need (besides love...). But seriously, the last thing you want is a complex trading platform that needs a training course just to understand it. Blueberry offers MetaTrader 4 and MetaTrader 5, the two most used trading platforms by far, both of which are very simple to use.
  And, of course, the NNFX Algo Tester is fully compatible with the Blueberry Markets version of MT4. What more can you ask for?