AvaTrade Visit

71% of retail CFD accounts lose money

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BlueberryMarkets Visit

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AvaTrade Vs. BlueberryMarkets - Compare and Choose the Right One

Updated Oct 21 2021

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71% of retail CFD accounts lose money

Visit

Your Capital is at risk

Overview

AvaTrade is a top-tier multinational broker with more than 7 financial regulators specialising in FX and options trading with their own proprietary platforms.

Blueberry Markets is a young Australian broker founded in 2015 offering CFDs on all the basic asset classes with competitive low spreads.

Best For
  • New traders looking for a more advanced forex and options platform
  • Experienced traders looking to take advantage of their fixed spreads
  • Experienced traders looking to trade FX options
  • Cryptocurrency investors wishing to deposit with USDT to trade CFDs on traditional financial markets
  • Experienced traders interested in trading particular instruments using a big leverage factor
Trust
Our signature verification badge. This broker is safe to use.
The Good
  • AvaProtect feature for negative trades payback
  • Great variety of platforms (proprietary ones, MT4 & MT5)
  • Smooth platform experiences and easy account management
  • Custom Options trading platform
  • Allows deposits using cryptocurrency USDT (Tether)
  • Leverage of up to 1:500 (for experienced traders)
  • Extremely competitive spreads
The Bad
  • Lack of variety in stocks, ETFs and bonds
  • Expensive inactivity fees
  • No multi-chart tools
  • High trade minimums in all assets except forex
  • All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
  • Their available asset offering is very low with less than 350 tradable assets
Status
Operational Operational
Recent News
N/A N/A
Key Data
Account Opening Time
1 day 1 Day
Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

Financial Regulators
Central Bank of Ireland
Financial Futures Association of Japan
Australian Securities and Investments Commission
Investment Industry Regulatory Organization of Canada
Cyprus Securities and Exchange Commission
South African Financial Sector Conduct Authority
ADGM Financial Services Regulatory Authority
Israel Securities authority
Australian Securities and Investments Commission
Vanuatu Financial Services Commission
Year Founded
2006 2015
Minimum Deposit
$, €, £ - 100 $100
Payment Methods
Visa
Mastercard
Bank Transfer
Paypal
Visa
Mastercard
Bank Transfer
Neteller
Paypal
Skrill
DragonPay
USDT (Tether)
Account Base Currencies
4 - USD, GBP, EUR, CHF. 7 - USD, CAD, AUD, EUR, SGD, NZD, GBP
Available to U.S Citizens
No No
Restricted Countries
US, BE, IR. AF, AS, AZ, BS, BI, CF, CN, CD, CG, CY, ET, ER, GU, IR, IQ, JP, KP, XK, LB, LY, MM, MP, PS, PR, SL, SO, SS, SD, SY, TT, SH, TN, UM, US, VI, VE, VN (can be accepted when referred by a partner), EH, YE, ZW
STP Account
No Yes
DMA Account
No No
ECN Account
No No
Assets
Available Assets
Stocks
Cryptos
Commodities
Currencies
ETFs
Indices
Bonds
Options
CFDs
Stocks
Currencies
Commodities
Indices
Cryptos
CFDs
Stocks
626 250
Currency Pairs
55 45
Commodities
27 5
Indices
33 11
ETFs
59 N/A
Cryptocurrencies
17 5
Bonds
2 N/A
Options
44 N/A
Futures
N/A N/A
Notes:
Most of AvaTrade's assets are CFDs. All BlueberryMarkets assets are CFDs.
Trading Experience
Minimum Stock Trade Size
Depends on Stock price, from 1 to 10 or 100 units. 1 share
Minimum ETFs Trade Size
Depends on ETF price, from 1 to 10 or 100 units. N/A
Minimum Crypto Trade Size
Depends on cryptocurrency, for BTC 0.01, for ETH 0.1 units. 0.01
Minimum FX Trade Size
$1,000 $1,000
Minimum Commodities Trade Size
Varies by Commoditty (Eg: 1 Troy ounce of Gold) $1,000
Minimum Bonds Trade Size
10 Bond contracts N/A
Minimum Futures Trade Size
N/A N/A
Minimum Options Trade Size
10,000 FX Option contracts N/A
Retail Leverage
Up to 1:30 Up to 1:500
Professional Leverage
Up to 1:500 N/A
Customisable Leverage
No Yes
Deleveraged Trading
No No
Demo Account
Yes Yes
IOS App
Yes No
Android App
Yes No
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
Web trader
Yes Yes
TradingView Platform
No No
Propietary Platform
Yes No
Multi-chart Tools
No Yes
Copy Trading
No No
Social Trading
No No
Guaranteed Stop-loss
No No
Trailing Stop-loss
No Yes
Fees
Inactivity Fee
Yes, $50 per quarter after 3 months of inactivity. No
Deposit Fees
No No
Withdrawal Fees
No No
Commissions
No $7 per lot
Spreads
EUR/USD
0.9 Pips Dynamic - from 0.1 Pip
SP500
50 Pips Dynamic from 50 Pips
GOLD
34 Pips Dynamic- from 10 Pips
TSLA (Stock CFD)
$1.92 Dynamic from 18c
XLK (ETF - CFD)
N/A N/A
BTC
$137.31 Dynamic - From $12
Research and Analysis
Watchlists
Yes Yes
Stock Screener
No No
Economic Calendar
Yes No
Integrated Newsfeed
No No
Reuters Feed
No No

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