Blueberry Markets vs Deriv Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of Blueberry Markets and Deriv
| Broker | Blueberry Markets | Deriv |
|---|---|---|
| Rating | 4.4/5 | 4.3/5 |
| Foundation Year | 2016 | 2020 |
| Regulated in Countries | Vanuatu, Australia | Malaysia, British Virgin Islands, Vanuatu, Saint Vincent and the Grenadines, Jersey, Malta |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0.5 points |
| Max Leverage | 1:500 | 1:4000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | Blueberry Markets Review | Deriv Review |
Blueberry Markets is perfectly suited for active traders and investors who value reliability, low spreads, and high-quality client service.
Deriv may be suitable for beginners looking for a user-friendly platform, a low entry threshold, and the opportunity to trade binary options or CFDs.
Blueberry Markets Review
Blueberry Markets is a reliable and transparent broker offering competitive trading conditions, high-quality service, and robust support. It is ideally suited both for active traders who favor low ECN spreads and commissions, and for novice investors who value convenience and ease of use.
Pros and Cons of Blueberry Markets
Pros
- Blueberry Markets is regulated by the Australian Securities and Investments Commission (ASIC), ensuring a high level of client protection.
- Offers tight spreads starting from 0 pips on the Raw account and no commissions on the Standard account.
- Provides access to MetaTrader 4, MetaTrader 5, and WebTrader, offering trading flexibility.
- Over 1300 instruments available, including forex pairs, CFDs on stocks, indices, commodities, and cryptocurrencies.
- 24/7 customer support via chat, email, and phone.
Cons
- The lack of Islamic and cent accounts may not meet the needs of some traders.
- The scarcity of interactive courses and webinars could hamper the learning process for novice traders.
- Full access to analytical materials is available only to clients with deposits of at least $200, potentially limiting opportunities for beginners.
Deriv Review
Deriv is an appealing choice for a wide array of traders, particularly those who are just beginning or are at an intermediate level. Its user-friendly approach, diverse platforms, and low-cost structure make it ideal for individuals seeking a straightforward trading experience. While it may not fully satisfy the needs of highly advanced traders due to some limitations in educational and analytical resources, Deriv's overall offering is solid, making it a reliable and accessible broker for most trading requirements.
Pros and Cons of Deriv
Pros
- Simple and fast account opening process.
- A wide variety of account types cater to different trading needs.
- Low commission structure.
- A wide range of trading platforms.
- High-quality technical support with fast and effective responses.
Cons
- Some essential asset classes are absent, and a limited number of CFDs on stocks exist.
- Educational materials are confined to a blog and lack comprehensive learning resources.
Deriv is in the top 10 of the following ratings:
Reliability
| Broker | Blueberry Markets | Deriv |
|---|---|---|
| Reliability | 5/5 | 4.2/5 |
| Foundation Year | 2016 | 2020 |
| Regulated in Countries | Vanuatu, Australia | Malaysia, British Virgin Islands, Vanuatu, Saint Vincent and the Grenadines, Jersey, Malta |
| Regulators | VFSC VFSC ASIC ASIC | LFSA LFSA BVIFSC BVIFSC VFSC VFSC SVGFSA SVGFSA JFSC JFSC MFSA MFSA |
Blueberry Markets
Blueberry Markets is a reliable broker regulated by ASIC and VFSC. Client funds are protected through segregated accounts and negative balance protection, although a compensation fund is absent.
Pros
- ASIC and VFSC regulation
- Segregated accounts
- Negative balance protection
Cons
- Absence of a compensation fund
Deriv
Broker Deriv is relatively reliable, with licenses from various global regulators.
Account Opening
| Broker | Blueberry Markets | Deriv |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
Blueberry Markets
The account opening process at Blueberry Markets is straightforward, fast, and convenient. The minimum deposit is accessible to most traders, and verification is completed in minimal time.
Pros
- Fast verification
- Minimum deposit of $100
- User-friendly interface
Deriv
The account opening process at Deriv brokerage is quite simple and fast.
Account Types
| Broker | Blueberry Markets | Deriv |
|---|---|---|
| Account Types | 3.5/5 | 4.5/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0.5 points |
| Max Leverage | 1:500 | 1:4000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Demo Account | ||
| Swap-free Account |
Blueberry Markets
Blueberry Markets offers transparent conditions for STP and ECN accounts and excellent services for active traders, but the range of account types is limited to two. Islamic, cent, or fixed spread accounts are not available.
Pros
- STP and ECN accounts
- Premium programs for active traders
- Free demo and VPS
Cons
- Only two account types available
- No Islamic or cent accounts
Deriv
A wide variety of accounts on Deriv satisfies the needs of different traders, although there are certain limitations.
Pros
- A sufficiently wide selection of account types.
- The ability to trade binary options and multipliers.
Cons
- No accounts with fixed spreads.
Commissions
| Broker | Blueberry Markets | Deriv |
|---|---|---|
| Commissions | 3.7/5 | 4.3/5 |
| Spread | from 0 points | from 0.5 points |
| Average Spread (EURUSD) | 1.2 | 0.5 |
| Commission per Lot | $3.5 |
Blueberry Markets
Blueberry Markets offers competitive commissions: low ECN spreads, moderate swaps, and no inactivity fees. The trading conditions are well-suited for active traders.
Pros
- Tight spreads on ECN accounts
- No inactivity fees
- Free deposits/withdrawals
Cons
- High swap rates on certain pairs
Deriv
Deriv's commissions are low.
Pros
- No commission for account funding and withdrawal.
- Low spreads and swaps on Financial type accounts.
Cons
- Fee for account inactivity.
Deposit and Withdrawal
| Broker | Blueberry Markets | Deriv |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Account Funding Methods |
|
|
Blueberry Markets
Blueberry Markets offers a wide range of deposit and withdrawal options with minimal fees and quick processing times.
Pros
- Multiple deposit and withdrawal options
- No transaction fees for most operations
- Fast processing of requests
Cons
- Limited availability of certain methods in specific countries
- Possible delays when using bank transfers
Deriv
Broker Deriv offers various convenient methods for account funding and withdrawal without commission.
Markets and Products
| Broker | Blueberry Markets | Deriv |
|---|---|---|
| Markets and Products | 4.5/5 | 3.8/5 |
| Forex | 63 | 57 |
| Indices | 17 | 63 |
| Precious Metals | 17 | 11 |
| Energy Carriers | 3 | 2 |
| Stocks | 1150 | 57 |
| Cryptocurrency | 61 | 31 |
| ETF | - | 31 |
Blueberry Markets
Blueberry Markets offers a robust selection of assets: forex, CFDs on stocks, indices, commodities, and cryptocurrencies. However, bonds and soft commodities are absent.
Pros
- 1300+ trading instruments
- Forex and cryptocurrencies
- CFDs on stocks and indices
Cons
- No bonds
- No soft commodities
Deriv
A wide range of assets in many segments.
Pros
- A large selection of assets for trading.
- Ability to trade synthetic indices 24/7.
Cons
- Absence of some important asset classes.
- Limited number of CFDs on stocks.
Trading Platforms
| Broker | Blueberry Markets | Deriv |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Trading Platforms |
|
|
Blueberry Markets
Blueberry Markets provides time-tested platforms MT4 and MT5 along with WebTrader, ensuring stable and functional trading for clients.
Pros
- Full-featured support for MT4 and MT5
- WebTrader for access without software installation
- Compatibility with Windows, macOS, iOS, and Android
Cons
- Lack of a proprietary platform
Deriv
Broker Deriv offers a wide range of trading platforms to meet the needs of traders of different levels.
Pros
- A variety of platforms for different types of trading.
- The ability to build trading robots without programming knowledge.
- Has its own mobile application.
Analytics
| Broker | Blueberry Markets | Deriv |
|---|---|---|
| Rating | 4/5 | 3.5/5 |
Blueberry Markets
Blueberry Markets offers quality analytics, though premium content is reserved for high deposit VIP traders. Complimentary analytics are average by market standards.
Pros
- Regular market reviews
- Personalized analysis (VIP)
Cons
- No daily signals
- High deposit requirement for full analytics
Deriv
Deriv offers robust analytics with practical calculators and insightful market analysis, yet there's room for more real-time data tools.
Pros
- Detailed market insights on the Deriv Blog.
- Convenient risk management calculators.
Cons
- Lack of an economic calendar.
- Limited real-time data analytics.
Education
| Broker | Blueberry Markets | Deriv |
|---|---|---|
| Rating | 4.5/5 | 2.5/5 |
Blueberry Markets
Blueberry Markets provides quality educational resources in the form of articles and videos suitable for traders at all levels, though webinars and interactive courses are lacking.
Pros
- Structured academy
- High-quality video tutorials
- Materials for all levels
Cons
- No webinars
- No interactive courses
Deriv
Deriv's educational materials are limited to a blog, which restricts opportunities for comprehensive learning.
Customer Support
| Broker | Blueberry Markets | Deriv |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
|
|
| Hotline Phones |
| — |
| Social Media |
YouTube
Facebook
Twitter
LinkedIn
InstagramBlueberry Markets
Blueberry Markets' technical support is available round the clock and responds swiftly to inquiries. Users highly commend its quality and responsiveness.
Pros
- 24/7 support
- Online chat and phone access
- Staff professionalism
Deriv
Technical support at Deriv operates at a high level, providing fast and quality responses.
Pros
- Wide selection of communication channels.
- Quality and constructive responses.
Cons
- No information on the support schedule is available on the website.
- Some clients complain about the technical support service.
