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

Vs.

Nextmarkets
Visit

63.10% of retail CFD accounts lose money.

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

Updated Dec 22 2022

Visit

74-89% of retail CFD accounts lose money.

Visit

63.10% 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.

Nextmarkets is a german broker founded in 2014 that specialises in commission free stocks and ETFs trading through their proprietary platform which offers an expert advisory service via live coaches that suggest their trading ideas.

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 investors and traders looking to explore their social and copy trading offering via live coaches
  • New investors and traders looking for a simple and friendly mobile app for commission-free investing in stocks or equities
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

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • SCB (Bahamas)
  • MFSA (Malta Financial Services Authority)
The Good
  • Allows deposits using cryptocurrency USDT (Tether)
  • Leverage of up to 1:500 (for experienced traders)
  • Extremely competitive spreads
  • Their “trading ideas” and “live coaches” offering is quite interesting and provides a lot of value for new traders
  • Their proprietary platform is very simple and easy to use
  • Their equities offering is completely commission-free
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
  • Asides from stocks and ETFs, their asset offering lacks variety
  • Their web platform is completely impractical to use for professional trading
  • They don’t let you enjoy your demo trading experience in peace, there is a constant pop-up asking you to fund your account at all times
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 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Paypal
  • Skrill
  • USDT (Tether)
  • DragonPay
  • Visa
  • Mastercard
  • Bank Transfer
💵 Account Base Currencies
7 - USD, CAD, AUD, EUR, SGD, NZD, GBP. 2 - EUR, 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 Yes
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs Hybrid
Total Asset Offering
316 18,037
Exchange Access
0 0
📙 Real Stocks
0 8,000
📙 Stock CFDs
250 8,000
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
45 22
📗 Commodities
0 0
📗 Commodities CFDs
5 5
📕 Indices
0 0
📕 Indices CFDs
11 5
📔 ETFs
0 1,000
📔 ETFs CFDs
0 1,000
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
5 4
📒 Bonds
0 0
📒 Bonds CFDs
0 1
📓 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 1 ETF
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots) Varies per Cryptocurrency (eg: 0.1 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) Varies per commodity (eg: 1 contract of Gold - 1 ounce)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
500 30
💪 Professional Leverage
Unavailable 100
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
No Yes
🎓 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 Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee
None None
💰 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 Dynamic - From 0.6 Pips
📉 SP500
Dynamic - From 50 Pips Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 10 Pips Dynamic - From 40 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1 Dynamic - From $2
📈 XLK (ETF - CFD)
Unavailable Dynamic - From $0.1 to 0.3
📉 BTC
Dynamic - From $12 Dynamic - From $125
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
No No
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No
📡 Educational Content
No Yes
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
No Yes
📡 Account Management
Yes No
📡 Webinars
No Yes