Blueberry Markets vs IC Markets Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - Blueberry Markets or IC Markets?
Our pick: IC Markets
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - IC Markets looks preferable to Blueberry Markets.
IC Markets scored 4.7/5 and ranks 3 in our all Forex brokers list, whereas Blueberry Markets has 4.4/5 and ranks 17.
This is not financial advice. See the full comparison below.
Who is Blueberry Markets suitable for?
Blueberry Markets is perfectly suited for active traders and investors who value reliability, low spreads, and high-quality client service.
Who is IC Markets suitable for?
IC Markets is suitable for traders looking for low spreads and ECN accounts and the ability to scalp and use expert advisors.
Comparison Table of Blueberry Markets and IC Markets
| Broker | Blueberry Markets | IC Markets |
|---|---|---|
| Rating | 4.4/5 | 4.7/5 |
| Foundation Year | 2016 | 2007 |
| Regulated in Countries | Vanuatu, Australia | Seychelles, Australia, Cyprus, Kenya |
| 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 | IC Markets Review |
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.
IC Markets Review
IC Markets is a reliable and versatile broker that offers a wide range of services and tools for trading in the financial markets. The company provides impressive trading instruments, high-quality trading platforms, advanced analytical tools, and valuable education for traders of all levels.
IC Markets is likely most suitable for experienced traders who value deep liquidity, tight spreads, and advanced trading tools. Beginner traders can also benefit from the educational materials offered by the company, but they should be prepared for some additional expenses and a higher minimum deposit requirement.
Pros and Cons of IC Markets
Pros
- A wide range of trading assets.
- Low spreads.
- Variety of trading platforms.
- Quality educational materials.
- Efficient customer support service.
Cons
- High minimum deposit.
IC Markets is in the top 10 of the following ratings:
Reliability
| Broker | Blueberry Markets | IC Markets |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2016 | 2007 |
| Regulated in Countries | Vanuatu, Australia | Seychelles, Australia, Cyprus, Kenya |
| Regulators | VFSC VFSC ASIC ASIC | SFSA SFSA ASIC ASIC CySEC CySEC CMA CMA |
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
IC Markets
IC Markets operates under the regulation of several jurisdictions, including ASIC in Australia, CySEC in Cyprus, and SFSA in the Seychelles, indicating a high degree of regulation.
Account Opening
| Broker | Blueberry Markets | IC Markets |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| 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
IC Markets
The account opening process at IC Markets is well-thought-out, transparent, and detailed, ensuring convenience and ease for clients. However, the high minimum deposit may deter many beginners.
Account Types
| Broker | Blueberry Markets | IC Markets |
|---|---|---|
| Account Types | 3.5/5 | 3.8/5 |
| 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
IC Markets
IC Markets' accounts are mainly aimed at experienced and professional traders.
Pros
- ECN accounts
- Ability to copy trades
- Access to VPS
Cons
- No cent accounts
- No fixed spread accounts
Commissions
| Broker | Blueberry Markets | IC Markets |
|---|---|---|
| Commissions | 3.7/5 | 4.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.2 | 0.62 |
| 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
IC Markets
IC Markets has low commissions. Fees for transactions on ECN accounts and spreads are acceptable to most traders, and the absence of charges for deposits/withdrawals and account inactivity is a significant advantage.
Deposit and Withdrawal
| Broker | Blueberry Markets | IC Markets |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| 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
IC Markets
IC Markets offers multiple options for depositing and withdrawing funds, but possible fees from banks and payment systems should be considered, along with some restrictions on withdrawal methods.
Markets and Products
| Broker | Blueberry Markets | IC Markets |
|---|---|---|
| Markets and Products | 4.5/5 | 5/5 |
| Forex | 63 | 61 |
| Indices | 17 | 25 |
| Precious Metals | 17 | 7 |
| Energy Carriers | 3 | 5 |
| Stocks | 1150 | 2175 |
| Cryptocurrency | 61 | 21 |
| Soft Commodities | - | 8 |
| ETF | - | 38 |
| Bonds | - | 10 |
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
IC Markets
IC Markets offers various trading instruments, including currency pairs, CFDs on metals, energy resources, commodities, indices, stocks, bonds, and cryptocurrencies.
Trading Platforms
| Broker | Blueberry Markets | IC Markets |
|---|---|---|
| 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
IC Markets
IC Markets provides powerful and functional trading platforms suitable for various trader categories.
Analytics
| Broker | Blueberry Markets | IC Markets |
|---|---|---|
| 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
IC Markets
IC Markets provides its clients with an extensive set of analytical tools and materials, which can assist them in successful trading in the financial markets.
Education
| Broker | Blueberry Markets | IC Markets |
|---|---|---|
| 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
IC Markets
IC Markets offers a wide range of educational resources, from interactive video lessons to webinars and podcasts, demonstrating care for their clients and a commitment to providing all the necessary resources for successful trading.
Customer Support
| Broker | Blueberry Markets | IC Markets |
|---|---|---|
| Rating | 5/5 | 4.7/5 |
| 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
IC Markets
IC Markets provides a variety of communication channels, ensuring support service accessibility for clients. Numerous client reviews indicate the support team's quick response and high professionalism.
Pros
- Positive reviews about professional support
- Multiple channels for support communication
- Support is available 24/7
Cons
- Only international call option is available
Comparisons of Blueberry Markets and IC Markets with other brokers
Blueberry Markets Comparisons
Conclusion
IC Markets stands out as the better overall pick, while Blueberry Markets trails on aggregate criteria.
IC Markets scored 4.7/5 and ranks 3 in our rating; Blueberry Markets has 4.4/5 and ranks 17.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Blueberry Markets or IC Markets?
IC Markets comes out ahead by overall rank (score 4.7/5, position 3) versus Blueberry Markets (score 4.4/5, position 17).
Which broker is better for beginners: Blueberry Markets or IC Markets?
IC Markets is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — Blueberry Markets or IC Markets?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with Blueberry Markets and IC Markets?
Blueberry Markets: MetaTrader 4, MetaTrader 5, WebTrader. IC Markets: MetaTrader 5, MetaTrader 4, cTrader, TradingView. See the “Platforms” section for details and selection tips.
What markets can you trade with Blueberry Markets and IC Markets?
Blueberry Markets: Forex, Indices, Precious Metals, Energy Carriers, Stocks, Cryptocurrency. IC Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Blueberry Markets and IC Markets?
Blueberry Markets: Standard, Raw. IC Markets: Standard, Raw Spread cTrader, Raw Spread. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Blueberry Markets and IC Markets?
Blueberry Markets: Google Pay, Skrill, Bank Transfer, Credit and Debit Cards. IC Markets: PayPal, Neteller, Skrill, Bpay, FasaPay, Klarna, Swift, SEPA, Visa, Mastercard, UnionPay, POLi, Rapidpay. Check method-specific fees/settlement times.
Which broker is safer — Blueberry Markets or IC Markets — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
