FP Markets
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70.70% of retail CFD accounts lose money

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

Updated Nov 25 2021

Visit

70.70% of retail CFD accounts lose money

Visit

Your Capital is at risk

Overview

FPMarkets is a leading Australian broker with a 10,000+ asset offering accompanied by a great variety of tech options such as deploying your own VPS and accessing ENC / DMA pricing.

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

Best For
  • Professional traders looking for DMA pricing on their stocks
  • Professional traders looking to set up a dedicated VPS
  • High volume share traders that benefit from DMA pricing
  • 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
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The Good
  • Customisable or removable leverage
  • Broad asset offering (10,000 +)
  • Competitive forex commissions
  • Allows deposits using cryptocurrency USDT (Tether)
  • Leverage of up to 1:500 (for experienced traders)
  • Extremely competitive spreads
The Bad
  • No ETFs are offered
  • Stock trading commissions are expensive when compared to similar brokers
  • Website is slow and confusing
  • Fees for the majority of deposit and withdrawal methods
  • 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
Australian Securities and Investments Commission
Cyprus Securities and Exchange Commission
Financial Services Authority - St. Vincent and the Grenadines
Australian Securities and Investments Commission
Securities Commission of the Bahamas
📍 Year Founded
2005 2015
💳 Minimum Deposit
$100 $100
💰 Payment Methods
Visa
Mastercard
Bank Transfer
Neteller
Paypal
Skrill
Visa
Mastercard
Bank Transfer
Neteller
Paypal
Skrill
DragonPay
USDT (Tether)
💵 Account Base Currencies
10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD. 7 - USD, CAD, AUD, EUR, SGD, NZD, GBP
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, JP, BE, NZ, SY. 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
Yes Yes
📊 DMA Account
Yes No
📊 ECN Account
Yes No
Assets
📚 Available Assets
Stocks
Cryptos
Commodities
Currencies
Indices
CFDs
Stocks
Currencies
Commodities
Indices
Cryptos
CFDs
📙 Stocks
10,000 + 250
📘 Currency Pairs
65 45
📗 Commodities
13 5
📕 Indices
14 11
📔 ETFs
N/A N/A
💸 Cryptocurrencies
4 5
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:
All FPMarkets assets are CFDs. All of Blueberry Markets assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
Varies by Stock 1 share
📉 Minimum ETFs Trade Size
N/A N/A
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (Eg: 0.01 BTC) 0.01
📉 Minimum FX Trade Size
$1,000 - 0.01 Lots $1,000
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounces of Gold) $1,000
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 Up to 1:500
💪 Professional Leverage
Up to 1:500 N/A
✍ Customisable Leverage
Yes Yes
🎲 Deleveraged Trading
Yes 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
Yes Yes
👬 Copy Trading
Yes No
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
No No
💰 Deposit Fees
Yes depending on method (Eg: Not for credit cards) No
💰 Withdrawal Fees
Yes depending on method (Eg: Not for credit cards) No
💰 Commissions
Standard account is free, Raw account is $3 per lot per trade. For stocks there are several account types with hybrid fees such as $10 minimum and additional 0.1%. $7 per lot round turn
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.2 Pips Dynamic - from 0.1 Pip
📉 SP500
Dynamic - From 40 to 60 Pips Dynamic from 50 Pips
📈 GOLD
Dynamic - From 0 to 31 Pips Dynamic- from 10 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic from 18c
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
Dynamic - From $9 to $21 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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