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

Vs.

Alvexo
Visit

77.88% of retail CFD accounts lose money.

Blueberry Markets Vs. Alvexo - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Dec 22 2022

Visit

74-89% of retail CFD accounts lose money.

Visit

77.88% of retail CFD accounts lose money.

Overview

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

Alvexo is a Cypriot broker founded and regulated in 2014 that specialises in CFDs trading via MT4 and their proprietary trading platform. As of August 3rd 2022, Alvexo's CySec license is partially suspended making them unavailable in French territory.

Best For
  • 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
  • At the moment, no user category is best served by Alvexo
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

1

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • SCB (Bahamas)
  • CySec (Cyprus)
  • FSAS (Seychelles)
The Good
  • Allows deposits using cryptocurrency USDT (Tether)
  • Leverage of up to 1:500 (for experienced traders)
  • Extremely competitive spreads
  • Very simple and easy to use proprietary platform along with MT4
  • Trading Singals offered (untested)
The Bad
  • 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
  • High minimum deposit without any benefits for the requirement
  • Amongst the highest spreads we have seen for brokers in the same category
  • Asset offering is low (below 500 instruments)
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
2015 2014
💳 Minimum Deposit Range
$100 500
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Paypal
  • Skrill
  • USDT (Tether)
  • DragonPay
  • Credit Card
  • Debit Card
  • Bank Transfer
  • Neteller
💵 Account Base Currencies
7 - USD, CAD, AUD, EUR, SGD, NZD, GBP. 3 - EUR, USD, GBP
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

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.

US, CA, SY, IR.

📊 STP Account
Yes No
📊 DMA Account
No No
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
316 443
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
250 337
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
45 54
📗 Commodities
0 0
📗 Commodities CFDs
5 13
📕 Indices
0 0
📕 Indices CFDs
11 15
📔 ETFs
0 0
📔 ETFs CFDs
0 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
5 22
📒 Bonds
0 0
📒 Bonds CFDs
0 2
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
1 Share 1 Share
📉 Minimum ETFs Trade Size
Unavailable Unavailable
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable 1 Bond
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
500 30
💪 Professional Leverage
Unavailable 300
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
No Yes
📱 Android App
No Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes No
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
No Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee
None

$10 monthly after 3 months of inactivity.

💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 Commissions

Depending on account type:

  • Standard account has no commissions
  • Direct Account has a commission of $3.5 per lot
None
Spreads
📈 EUR/USD
Dynamic - From 0.1 Pips to 1 Pip From 2.9 Pips to 14 Pips
📉 SP500
Dynamic - From 50 Pips From 175 Pips to 100 Pips
📈 GOLD
Dynamic - From 10 Pips From 90 to 50 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1 From $1.91 to $1.41
📈 XLK (ETF - CFD)
Unavailable Unavailable
📉 BTC
Dynamic - From $12 From $192.21
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
No Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No
📡 Educational Content
No Yes
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
No Yes
📡 Account Management
Yes Yes
📡 Webinars
No Yes