IG
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79% of retail CFD accounts lose money.

Vs.

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

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

Updated Jul 12 2022

Visit

79% of retail CFD accounts lose money.

Visit

74-89% of retail CFD accounts lose money.

Overview

IG is a global broker established in 1974 that holds 10 reputable financial licenses and provides CFD trading on stocks, commodities, ETFs, indices, cryptocurrencies, bonds, futures, options along with real stocks through their share dealing account.

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 to exploit their customisable platform and broad asset offering
  • High volume traders that can offset their commission costs by trading in larger volumes
  • 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
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

7

Other Licenses

1

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • FCA (UK)
  • NFA (United States)
  • ADGM (United Arab Emirates)
  • FINMA (Switzerland)
  • MAS (Singapore)
  • FFAJ (Japan)
  • FSCA (South Africa)
  • ASIC (Australia)
  • SCB (Bahamas)
The Good
  • Broad platform offering with high customisability and integrated news feeds
  • Comprehensive asset offering with more than 10,000 + CFDs or real stocks and ETFs
  • Allows deposits using cryptocurrency USDT (Tether)
  • Leverage of up to 1:500 (for experienced traders)
  • Extremely competitive spreads
The Bad
  • There are too many small costs such as custody, in-and-out-commissions in some cases, management fees, etc
  • Their standard contracts can be too large some times for low volume traders
  • 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

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
1974 2015
💳 Minimum Deposit

0 for Bank Transfers, 300 € for Paypal and Debit / Credit cards.

$, €, £ - 100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Paypal
  • Skrill
  • USDT (Tether)
  • DragonPay
💵 Account Base Currencies
6 - AUD, EUR, GBP, HKD, SGD, USD. 7 - USD, CAD, AUD, EUR, SGD, NZD, GBP
🗽 Available to U.S Citizens
Yes (excluding CFDs) No
❌ Restricted Countries
SY, IR. 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
No Yes
📊 DMA Account
Yes No
📊 ECN Account
Yes No
Assets
📚 Available Assets
  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies indices and bonds.

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

📙 Stocks

10,000+ CFDs / Offering from 8 exchanges worldwide for real stocks

250
📘 Currency Pairs
210 45
📗 Commodities
37 5
📕 Indices
76 11
📔 ETFs
2,000 + both CFDs and real ETFs N/A
💸 Cryptocurrencies
15 5
📒 Bonds
19 N/A
📓 Options
Availability only for select countries. N/A
📗 Futures

Several contracts in commodities and indices with various expiration dates.

N/A
📝 Notes:

IG provides both CFD trading and real equity. US traders cannot trade CFDs.

All of Blueberry Markets assets are CFDs.

Trading Experience
📈 Minimum Stock Trade Size
1 Share 1 share
📉 Minimum ETFs Trade Size
1 ETF N/A
📈 Minimum Crypto Trade Size

0.01 Contracts (IG Provides a standard contract containing a particular quantity of an asset, for example, ADA’s contract has 100 ADA coins)

0.01
📉 Minimum FX Trade Size

1 Contract (IG Provides a standard contract containing a particular quantity of an asset, for example, 1 EUR / USD standard contract has 10,000 units)

$1,000
📈 Minimum Commodities Trade Size
1 Contract $1,000
📉 Minimum Bonds Trade Size
1 Contract N/A
📈 Minimum Futures Trade Size
1 Contract N/A
📉 Minimum Options Trade Size
Varies per option (usually 1 contract) N/A
💪 Retail Leverage
Up to 1:30 Up to 1:500
💪 Professional Leverage
Up to 1:500 N/A
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes No
📱 Android App
Yes No
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
No Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes No
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
Yes No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee

After 24 months of inactivity, IG charges an $18 monthly fee.

No
💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions

Yes, they charge depending on the client’s account base currency and exchange location of the shares being traded. For example, for some clients US shares can have a minimum charge of $10 in-and-out.

Yes, depending on account type:

  • Standard account has no commissions
  • Direct Account has a commission of $3.5 per lot
Spreads
📈 EUR/USD
Dynamic - From 0.9 Pips Dynamic - From 0.1 Pips to 1 Pip
📉 SP500
Dynamic - From 150 Pips Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 50 Pips Dynamic - From 10 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.03 Dynamic- From 18c
📈 XLK (ETF - CFD)
Dynamic - From 0 Pips N/A
📉 BTC
Dynamic - From $140 Dynamic - From $12
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes No
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
Yes No

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