Blueberry Markets vs FXOpen 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 FXOpen
| Broker | Blueberry Markets | FXOpen |
|---|---|---|
| Rating | 4.4/5 | 4.3/5 |
| Foundation Year | 2016 | 2004 |
| Regulated in Countries | Vanuatu, Australia | United Kingdom, Cyprus, Australia |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Blueberry Markets Review | FXOpen Review |
Blueberry Markets is perfectly suited for active traders and investors who value reliability, low spreads, and high-quality client service.
Broker FXOpen is suitable for professional traders and scalping enthusiasts but may not be ideal for beginners due to the lack of training.
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.
FXOpen Review
FXOpen is a highly regulated broker with licenses from leading international bodies, which guarantees the safety of investments and compliance with strict standards. The broker offers a wide range of trading instruments, allowing traders to diversify their portfolios. Low spreads and commissions make FXOpen an attractive choice for those looking for a cost-effective trading environment. The availability of various platforms gives traders the flexibility to choose a trading instrument.
FXOpen is ideal for experienced traders who can analyze the market independently and make informed trading decisions without significant educational support. The broker is especially attractive to those who seek variety in trading tools and prefer to use advanced trading platforms.
Pros and Cons of FXOpen
Pros
- Wide range of trading assets.
- Low spreads and commissions.
- Support for various trading platforms.
Cons
- Lack of educational materials.
FXOpen is in the top 10 of the following ratings:
Reliability
| Broker | Blueberry Markets | FXOpen |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2016 | 2004 |
| Regulated in Countries | Vanuatu, Australia | United Kingdom, Cyprus, Australia |
| Regulators | VFSC VFSC ASIC ASIC | - FCA FCA CySEC CySEC 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
FXOpen
FxOpen is a reliable and regulated broker, licensed in many countries, ensuring the safety of funds and a high standard of services.
Account Opening
| Broker | Blueberry Markets | FXOpen |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| 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
FXOpen
FxOpen provides a simple and convenient account opening process, with an emphasis on security and compliance with regulatory requirements.
Account Types
| Broker | Blueberry Markets | FXOpen |
|---|---|---|
| Account Types | 3.5/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:500 |
| 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
FXOpen
FxOpen offers a wide selection of trading accounts and additional services.
Commissions
| Broker | Blueberry Markets | FXOpen |
|---|---|---|
| Commissions | 3.7/5 | 3/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.2 | 1.2 |
| Commission per Lot | $3.5 | $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
FXOpen
FxOpen's commissions are average in the market, with competitive spreads, but high swap rates and inactivity fees.
Deposit and Withdrawal
| Broker | Blueberry Markets | FXOpen |
|---|---|---|
| Rating | 4.5/5 | 4.2/5 |
| 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
FXOpen
FxOpen offers a variety of deposit and withdrawal methods.
Pros
- A large selection of payment systems and cryptocurrencies.
- Fast processing of withdrawal requests.
Cons
- No bank transfer option.
- High commissions for credit cards from the provider.
Markets and Products
| Broker | Blueberry Markets | FXOpen |
|---|---|---|
| Markets and Products | 4.5/5 | 4.6/5 |
| Forex | 63 | 66 |
| Indices | 17 | 12 |
| Precious Metals | 17 | 3 |
| Energy Carriers | 3 | 3 |
| Stocks | 1150 | 553 |
| Cryptocurrency | 61 | 41 |
| ETF | - | 56 |
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
FXOpen
FxOpen offers a good selection of assets but without soft commodities.
Trading Platforms
| Broker | Blueberry Markets | FXOpen |
|---|---|---|
| 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
FXOpen
FXOpen offers a wide range of trading platforms, catering to different types of traders.
Analytics
| Broker | Blueberry Markets | FXOpen |
|---|---|---|
| Rating | 4/5 | 4/5 |
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
FXOpen
FXOpen provides a solid package of analytical tools, offering traders valuable resources for making trading decisions.
Education
| Broker | Blueberry Markets | FXOpen |
|---|---|---|
| Rating | 4.5/5 | 2/5 |
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
FXOpen
FXOpen invests little in trader education, offering only basic articles and a glossary of terms.
Customer Support
| Broker | Blueberry Markets | FXOpen |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
YouTube
Facebook
Twitter
LinkedIn
Instagram
Telegram
WhatsappBlueberry 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
FXOpen
FXOpen offers reliable support, and a variety of communication channels adds flexibility.
