Blueberry Markets
Visit

74-89% of retail CFD accounts lose money.

Vs.

AvaTrade
Visit

71% of retail CFD accounts lose money.

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

Updated May 13 2022

Visit

74-89% of retail CFD accounts lose money.

Visit

71% 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.

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

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
  • 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
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

6

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • SCB (Bahamas)
  • ASIC (Australia)
  • FFAJ (Japan)
  • CBI (Ireland)
  • IIROC (Canada)
  • CySec (Cyprus)
  • FSCA (South Africa)
  • ADGM (United Arab Emirates)
  • ISA (Israel)
The Good
  • Allows deposits using cryptocurrency USDT (Tether)
  • Leverage of up to 1:500 (for experienced traders)
  • Extremely competitive spreads
  • 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
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
  • Lack of variety in stocks, ETFs and bonds
  • Expensive inactivity fees
  • No multi-chart tools
  • High trade minimums in all assets except forex
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.

📍 Year Founded
2015 2006
💳 Minimum Deposit
$, €, £ - 100 $, €, £ - 100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Paypal
  • Skrill
  • USDT (Tether)
  • DragonPay
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
💵 Account Base Currencies
7 - USD, CAD, AUD, EUR, SGD, NZD, GBP 4 - USD, GBP, EUR, CHF.
🗽 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, BE, IR.
📊 STP Account
Yes No
📊 DMA Account
No No
📊 ECN Account
No No
Assets
📚 Available Assets

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

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

📙 Stocks
250 626
📘 Currency Pairs
45 55
📗 Commodities
5 27
📕 Indices
11 33
📔 ETFs
N/A 59
💸 Cryptocurrencies
5 17
📒 Bonds
N/A 2
📓 Options
N/A 44
📗 Futures
N/A N/A
📝 Notes:

All of Blueberry Markets assets are CFDs.

Most of AvaTrade's assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
1 share Depends on Stock price, from 1 to 10 or 100 units.
📉 Minimum ETFs Trade Size
N/A Depends on ETF price, from 1 to 10 or 100 units.
📈 Minimum Crypto Trade Size
0.01 Depends on cryptocurrency, for BTC 0.01, for ETH 0.1 units.
📉 Minimum FX Trade Size
$1,000 $1,000
📈 Minimum Commodities Trade Size
$1,000 Varies by Commoditty (Eg: 1 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
N/A 10 Bond contracts
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A 10,000 FX Option contracts
💪 Retail Leverage
Up to 1:500 Up to 1:30
💪 Professional Leverage
N/A Up to 1:500
✍ 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 Yes
💻 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
No Yes, $50 per quarter after 3 months of inactivity.
💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions

Yes, depending on account type:

  • Standard account has no commissions
  • Direct Account has a commission of $3.5 per lot
No
Spreads
📈 EUR/USD
Dynamic - From 0.1 Pips to 1 Pip Dynamic - From 0.9 Pips
📉 SP500
Dynamic - From 50 Pips Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 10 Pips Dynamic - From 34 Pips
📉 TSLA (Stock CFD)
Dynamic- From 18c Dynamic - From $1.92
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
Dynamic - From $12 Dynamic - From $137.31
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
No Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

By using TheTradingBible.com's website you agree to the use of cookies.