IC Markets
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73.59% of retail CFD accounts lose money

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

Updated Nov 25 2021

Visit

73.59% of retail CFD accounts lose money

Visit

Your Capital is at risk

Overview

ICMarkets is an Australian broker with a global presence specialising in Forex trading. One of their greatest advantages is providing RAW spread accounts with interbank 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 Interbank rates
  • High volume traders that will save great amounts of costs with their low spreads and commissions
  • 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 leverage per asset before opening trades
  • Interbank rates and low commissions
  • Great platform variety
  • Allows deposits using cryptocurrency USDT (Tether)
  • Leverage of up to 1:500 (for experienced traders)
  • Extremely competitive spreads
The Bad
  • Avaliable assets are limited (Also No ETFs)
  • No ability to purchase real stocks or cryptocurrencies, only CFDs
  • 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
Cyprus Securities and Exchange Commission
Australian Securities and Investments Commission
Financial Services Authority Seychelles
Australian Securities and Investments Commission
Securities Commission of the Bahamas
📍 Year Founded
2007 2015
💳 Minimum Deposit
$200 $100
💰 Payment Methods
Visa
Mastercard
Bank Transfer
Bitcoin
Sofort
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, CA, IL. 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
No No
📊 ECN Account
Yes No
Assets
📚 Available Assets
Stocks
Cryptos
Commodities
Currencies
Indices
CFDs
Stocks
Currencies
Commodities
Indices
Cryptos
CFDs
📙 Stocks
1600 + 250
📘 Currency Pairs
61 45
📗 Commodities
22 5
📕 Indices
25 11
📔 ETFs
N/A N/A
💸 Cryptocurrencies
18 5
📒 Bonds
11 N/A
📓 Options
N/A N/A
📗 Futures
4 N/A
📝 Notes:
All ICMarkets 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
Varies by Bond N/A
📈 Minimum Futures Trade Size
Varies by Future 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
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
No 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
No No
💰 Withdrawal Fees
No No
💰 Commissions

No commissions in standard accounts but rather a 1 Pip spread markup on interbank prices received. For Raw spreads accounts, $7 per lot round turn.

$7 per lot round turn
Spreads
📈 EUR/USD
Dynamic - From 0 to 0.6 Pips Dynamic - from 0.1 Pip
📉 SP500
Dynamic - From 20 to 45 Pips Dynamic from 50 Pips
📈 GOLD
Dynamic - From 30 Pips Dynamic- from 10 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic from 18c
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
Dynamic - From $8.7 to $42 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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