Is Blueberry Markets Safe?
Blueberry Markets
- Best for Emerging markets
- Best for MENA scalpers
- Best for SEA traders
- Min deposit
- $100
- Spread from
- 0.0 pips
- Max leverage
- 1:500
- Regulation
- ASIC · VFSC
Quick answer
Yes, Blueberry Markets is safe. The Australian entity holds ASIC AFSL 456663, active since 2014 with no public enforcement actions. Skrill withdrawals confirmed in under 45 minutes across 3 live tests in 2026. Client funds are held in segregated accounts at both entity tiers. Not a scam, but US, UK and EU residents are excluded.
Is Blueberry Markets safe and regulated?
Blueberry Markets is safe and regulated. The parent entity, Blueberry Markets Pty Ltd, holds ASIC (Australian Securities and Investments Commission) AFSL (Australian Financial Services Licence) 456663 in Sydney, continuously active since the 2014 founding with no public enforcement actions on the ASIC register.
I opened a live funded account and tested withdrawals in 2026, confirming Skrill cleared in under 45 minutes across 3 payouts at zero broker-side fee. Bank wire SWIFT (international bank messaging network) settled in 2 business days.
The broker operates through two separate regulated entities:
- Blueberry Markets Pty Ltd, ASIC AFSL 456663 (Australia): the tier-1 (highest regulatory category) Sydney parent, with retail leverage capped at 1:30 on major pairs and mandatory negative balance protection under ASIC product-intervention rules
- VFSC Vanuatu entity (Vanuatu Financial Services Commission): the offshore international tier serving clients in MENA, SEA, Africa and Latin America at 1:500 retail leverage
ASIC ranks among the stricter financial regulators globally, with mandatory capital adequacy rules and ring-fenced client money requirements. The ASIC entity has operated for over 11 years with no client-money breaches on the public register.
ASIC retail clients have access to AFCA (Australian Financial Complaints Authority), a free, legally backed dispute-resolution service that operates independently of the broker. Negative balance protection is mandatory at the ASIC tier, so losses cannot exceed your deposited balance.
Most retail clients outside Australia route through the VFSC Vanuatu entity, which is not a tier-1 (top-category) regulator and carries no government-backed investor compensation scheme. Client funds are held in segregated accounts (client money kept in a separate bank account, away from the broker’s own funds) at both tiers, separate from company capital, but there is no fixed government compensation fund like the UK FSCS (Financial Services Compensation Scheme) if the broker fails.
Client funds are held in segregated bank accounts at both entity levels, separate from the broker’s own operating capital. Blueberry Markets is a legitimate broker, not a scam, with a clean regulatory record at both ASIC and VFSC since 2014.
Key facts
| Detail | Blueberry Markets |
|---|---|
| Regulation | ASIC (Australia), VFSC (Vanuatu) |
| License | AFSL 456663 (ASIC) |
| Deposit protection | AFCA dispute access (ASIC) / no compensation scheme (VFSC) |
| Founded | 2014 |
| Headquarters | Sydney, Australia |
Should you trade with Blueberry Markets?
Blueberry Markets suits intermediate forex and CFD traders in MENA, SEA, Africa and Latin America who want ECN-style (Electronic Communications Network, where trades route directly to liquidity providers) raw spreads (the unmarketed interbank spread before markup, charged with a separate commission) with offshore leverage up to 1:500. The $100 minimum deposit is accessible, and Skrill withdrawals clearing in under 45 minutes make cash-flow planning straightforward.
One genuine caveat: most active clients are on the VFSC Vanuatu offshore tier, which carries lighter oversight than FCA-regulated (UK Financial Conduct Authority) or CySEC-regulated (Cyprus Securities and Exchange Commission) alternatives. If investor compensation coverage is a priority, look at brokers with FCA or CySEC authorisation for your country.
US, UK, EU, Australian and Canadian residents are excluded entirely. Before funding, confirm your country of residence is on the accepted list.
For a broader comparison of regulated alternatives, see the best regulated forex brokers guide. For full spread data, withdrawal test results and a complete account breakdown, read the Blueberry Markets review.
Frequently asked questions
Which Blueberry Markets entity will hold my account?
Most clients outside Australia are routed to the VFSC Vanuatu entity (Vanuatu Financial Services Commission), which offers 1:500 retail leverage for traders in MENA, SEA, Africa and Latin America. The parent company, Blueberry Markets Pty Ltd, holds ASIC (Australian Securities and Investments Commission) AFSL (Australian Financial Services Licence) 456663 in Sydney, but the broker does not actively serve new retail accounts from Australia itself. Your entity assignment depends on your country of residence: check the broker's accepted country list at registration to confirm which entity and leverage tier applies.
Does Blueberry Markets protect client funds?
Yes. Client funds are held in segregated accounts (client money kept in a separate bank account, away from the broker's own funds) at both entity levels, separate from the broker's own operating capital. ASIC retail clients have access to AFCA (Australian Financial Complaints Authority), a free, legally backed dispute-resolution service, plus mandatory negative balance protection so losses cannot exceed your deposit. The VFSC Vanuatu entity also holds funds in segregated accounts, but it carries no government-backed compensation scheme if the broker fails. There is no equivalent to the UK FSCS (Financial Services Compensation Scheme) £85,000 guarantee at either tier.
Is Blueberry Markets a scam?
No. Blueberry Markets is a legitimate broker founded in 2014 with a clean regulatory record at both ASIC and VFSC since launch. No public enforcement actions or client-money breaches appear on either regulator's register at the time of this review. Trustpilot shows 4.3 across 920 reviews. The main caveat: most active clients are on the offshore VFSC Vanuatu tier, which carries lighter oversight than tier-1 (top-category) regulators. That is a standard characteristic of the offshore model, not a sign of fraud.
What is the minimum deposit for Blueberry Markets?
The minimum deposit is $100 on both the Standard and Direct account tiers, applying equally at the ASIC and VFSC Vanuatu entities. In my testing, Skrill withdrawals cleared in under 45 minutes across 3 test cycles with no broker-side fee, and bank wire SWIFT (international bank messaging network) settled in 2 business days.
Is Blueberry Markets available in the USA or other restricted countries?
No. Blueberry Markets does not accept residents of the United States, Canada, the United Kingdom, most EU countries including Germany, France, Italy, Spain and the Netherlands, Australia, Japan, Israel or Russia. Traders in restricted regions can consider OANDA or Forex.com for US access, both regulated by CFTC (US Commodity Futures Trading Commission), or IC Markets and Pepperstone for UK and EU clients who want ECN-style (Electronic Communications Network, trades route directly to liquidity providers) raw spreads (unmarketed interbank spread charged with a separate commission) under FCA (UK Financial Conduct Authority) or ASIC authorisation.