Blueberry Markets vs FOREX.com 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 FOREX.com
| Broker | Blueberry Markets | FOREX.com |
|---|---|---|
| Rating | 4.4/5 | 4.1/5 |
| Foundation Year | 2016 | 2000 |
| Regulated in Countries | Vanuatu, Australia | Cayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, Australia |
| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:500 | 1:50 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Blueberry Markets Review | FOREX.com Review |
Blueberry Markets is perfectly suited for active traders and investors who value reliability, low spreads, and high-quality client service.
FOREX.com is suitable for traders of all levels due to its reliability, wide range of assets, and excellent customer service.
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.
FOREX.com Review
FOREX.com is an excellent broker for trading in the Forex and CFD markets. They offer fast execution speeds, a wide selection of currency pairs, and other assets for trading. Their customer service is outstanding, and multiple financial authorities regulate them.
Pros and Cons of FOREX.com
Pros
- Broker with many years of history and a global reputation.
- A variety of deposit methods.
- A wide variety of available markets and products.
- Advanced analytical tools and daily updates from the company's professionals.
- Comprehensive educational materials for all levels of traders.
Cons
- Lack of specialized accounts.
- High transaction fee on DMA Account.
FOREX.com is in the top 10 of the following ratings:
Reliability
| Broker | Blueberry Markets | FOREX.com |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2016 | 2000 |
| Regulated in Countries | Vanuatu, Australia | Cayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, Australia |
| Regulators | VFSC VFSC ASIC ASIC | CIMA CIMA FCA FCA CIRO CIRO CySEC CySEC NFA NFA CFTC CFTC SFC SFC JFSA JFSA MAS MAS ASIC ASIC |
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
FOREX.com
The company is strictly regulated, has a long-standing market presence, and is open to investors.
Pros
- Broad global regulation.
- Long-term market presence.
- Parent company traded on NASDAQ.
Account Opening
| Broker | Blueberry Markets | FOREX.com |
|---|---|---|
| Account Opening | 5/5 | 4/5 |
| Minimum Deposit |
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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
FOREX.com
The account opening process at FOREX.com is quite standard but potentially prolonged due to required verification.
Pros
- Transparent registration process.
- Strict verification for security.
Cons
- Verification may take time.
- A lot of information is required.
Account Types
| Broker | Blueberry Markets | FOREX.com |
|---|---|---|
| Account Types | 3.5/5 | 3.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:500 | 1:50 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| 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
FOREX.com
FOREX.com offers standard account types that satisfy most traders, but some essential accounts are missing.
Pros
- Direct Market Access account available.
- Demo account for strategy testing.
- The ability to trade on behalf of a company.
Cons
- No cent accounts.
- No Islamic accounts.
- No options for passive investing.
Commissions
| Broker | Blueberry Markets | FOREX.com |
|---|---|---|
| Commissions | 3.7/5 | 2.2/5 |
| Spread | from 0 points | from 0.1 points |
| Average Spread (EURUSD) | 1.2 | 1.3 |
| Commission per Lot | $3.5 | $6.48 |
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
FOREX.com
FOREX.com's commissions are above average. Conditions can be improved for traders with high volumes.
Pros
- Potential reduction in commissions with increased trading volume.
- Rebate program for major American traders.
- No fees for deposits and withdrawals.
Cons
- High transaction commission on DMA accounts.
- Inactivity fee.
- High swaps.
Deposit and Withdrawal
| Broker | Blueberry Markets | FOREX.com |
|---|---|---|
| Rating | 4.5/5 | 4.3/5 |
| Account Funding Methods |
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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
FOREX.com
FOREX.com provides diverse and convenient methods for depositing and withdrawing funds with low costs and reasonable processing times.
Markets and Products
| Broker | Blueberry Markets | FOREX.com |
|---|---|---|
| Markets and Products | 4.5/5 | 4.5/5 |
| Forex | 63 | 91 |
| Indices | 17 | 54 |
| Precious Metals | 17 | 16 |
| Energy Carriers | 3 | 14 |
| Stocks | 1150 | 5500 |
| Cryptocurrency | 61 | 12 |
| Soft Commodities | - | 22 |
| ETF | - | 318 |
| Bonds | - | 14 |
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
FOREX.com
Although its leverage is relatively low, FOREX.com offers an extensive selection of markets and products.
Trading Platforms
| Broker | Blueberry Markets | FOREX.com |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Trading Platforms |
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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
FOREX.com
FOREX.com provides a wide choice of trading platforms, including MT4, its proprietary platform, NinjaTrader, and TradingView, supporting all formats - online, desktop, and mobile applications.
Analytics
| Broker | Blueberry Markets | FOREX.com |
|---|---|---|
| Rating | 4/5 | 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
FOREX.com
Analytics at FOREX.com is a powerful tool for traders, providing extensive information and in-depth market analysis.
Education
| Broker | Blueberry Markets | FOREX.com |
|---|---|---|
| Rating | 4.5/5 | 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
FOREX.com
FOREX.com offers a rich educational program suitable for all levels of traders, enhancing the user experience.
Customer Support
| Broker | Blueberry Markets | FOREX.com |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| 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
FOREX.com
FOREX.com provides excellent technical support with fast and professional service, available 24/7.
