AvaTrade
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71% of retail CFD accounts lose money.

Vs.

Blueberry Markets
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74-89% of retail CFD accounts lose money.

AvaTrade Vs. Blueberry Markets - Compare and Choose the Right One

Updated Jul 12 2022

Visit

71% of retail CFD accounts lose money.

Visit

74-89% of retail CFD accounts lose money.

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
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

6

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • FFAJ (Japan)
  • CBI (Ireland)
  • IIROC (Canada)
  • CySec (Cyprus)
  • FSCA (South Africa)
  • ADGM (United Arab Emirates)
  • ISA (Israel)
  • ASIC (Australia)
  • SCB (Bahamas)
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

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

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.

📍 Year Founded
2006 2015
💳 Minimum Deposit
$, €, £ - 100 $, €, £ - 100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Paypal
  • Skrill
  • USDT (Tether)
  • DragonPay
💵 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

CFDs on stocks, cryptocurrencies, commodities, currencies, ETFs, indices, shares, options and bonds.

CFDs on stocks, commodities, currencies, cryptocurrencies and indices.

📙 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 of Blueberry Markets 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
💻 Proprietary 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

Yes, depending on account type:

  • Standard account has no commissions
  • Direct Account has a commission of $3.5 per lot
Spreads
📈 EUR/USD
Dynamic - From 0.9 Pips Dynamic - From 0.1 Pips to 1 Pip
📉 SP500
Dynamic - From 50 Pips Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 34 Pips Dynamic - From 10 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.92 Dynamic- From 18c
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
Dynamic - From $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