Blueberry Prop Firm Review – Blueberry Prop Firm is surely a rising star in the proprietary trading scene, offering opportunities to professional traders seeking a path towards obtaining funded account without risking their own money. With competitive profit shares, nominal fees for evaluation, rapid scaling, it will surely entice both novice and professional traders who seek growth. With a user-friendly platform and good customer support, Blueberry Prop Firm is becoming one of the go-to options for traders all over the world when flexible funding is required. In this review, we will consider the main features, advantages, and disadvantages so that you can conclude if Blueberry Prop Firm fits your needs in trading.
Trading Platforms
- MetaTrader 4
- MetaTrader 5
- DXTrade
Research Tools
- Market News & Analysis: Breaking news, and analysis every day from the Head Currency Analyst, plus exclusive articles written by industry leaders.
- Week Ahead Analysis: Have insight into the week in front of you before the trading week begins, plus a forward-looking perspective which will help in planning your trade.
- Economic Calendar: A fully featured economic calendar displaying all of the key economic events that may have an impact on the markets. Weekly Newsletter: A wrap of market trends, news, and analysis that will be conveniently delivered to the subscriber’s inbox.The Blueberry Markets YouTube channel offers daily video market analysis in three-minute segments, along with tutorials on trading platforms, chart reading techniques, and mastering trading strategies.
Educational Resources
- Trading Programs: Each of them caters to traders of all levels, complete beginners who may be entering a forex trade for the first time, intermediate traders looking to upgrade their knowledge to advanced traders in their quest for mastery of risk management and uncovering opportunistic areas. Each level is carefully planned so as to be progressively informational.
- Trading Platform Guides: Full explanation of how to use and maximize trading platforms like MetaTrader 4 and MetaTrader 5. This material is ideal for traders who seek to enhance their knowledge about all the functionalities of the platform in order to be more efficient in their trade.
- Video Lessons: It contains a wide variety of video lessons ranging in the most important topics from different skill levels. Beginners will learn forex basics, intermediates will explore trader types, and advanced tutorials will cover margin, leverage, and complex strategies.
Pros of Blueberry Prop Firm
Advanced Trading Platforms
Blue Guardian Prop Firm gives access to popular, highly reputed MetaTrader platforms: MT4 and MT5. The reliability and speed of these platforms make them superior, user-friendly, and at the same time fully equipped with state-of-the-art functionality. Both trading platforms provide tools like customizable charts, technical analysis indicators, and automated trading, enabling traders to fully execute their strategies and analyze the markets effectively.
Personalized GuidanceÂ
Every trader in this platform gets an account manager who will provide support and advice at every step. This professional navigates them through the platform, optimizes their strategies, and shares insights about market trends for a more personalized trading experience.
Demo Account Available
Blue Guardian knows that practice is a crucial key to trading. Therefore, the company provides access to a demo account for any trader. There, one may try oneself in real-life-like conditions without any risk. With this tool, you could get familiar with the interface of the platform, work out the most comfortable way for you to trade, and gain experience without losing money.
High Technology
Equipped with the most innovative trading platforms, at Blue Guardian, an efficient and qualitative trading experience is ensured. The trading platforms leverage the latest technology for fast execution, stable performance, and innovative features that simplify the trading experience.
Full Service: 24/7 Customer Service
Apart from online support, Blue Guardian offers full customer support 24/7. Whether it’s through live chat, email, or over the phone, the company has made it a point to ensure that support is attainable and guiding traders toward finding faster and more effective solutions.
Security And Assurance
Blue Guardian somewhat behaves like an insurance policy, covering any losses up to 20% of the initial deposit. It assures extra security, making the trader comfortable with less fear of a big financial loss while studying and developing his strategies.
Cons Of Blueberry Prop Firm
Limited Trading Instruments
Whereas Blue Guardian Prop Firm avails its customers with a variety of trading instruments, it doesn’t provide as many financial instruments as would some of its competitors. This limitation may affect traders looking to diversify across asset classes, leaving them vulnerable in trading opportunities.
$100 Minimum Deposit
With Blue Guardian, the minimum deposit amount is just $100, which means the barrier to entry is pretty low. The ease of entry like this will grant novice traders entrance into this game with less upfront capital, which could boost more traders into this particular area of prop trading.
Lack of Standard Bonus Offers
Unlike other prop firms, which from time to time would give some kind of promotional bonus to attract new traders, there are no standard bonus offers coming from Blue Guardian. This may discourage new traders seeking added value in their initial deposit or trading activity.
Limited bonuses for new traders
Blue Guardian offers relatively few bonuses to new traders, which might be much less exciting than the promotions from other prop firms. While bonuses boost initial trading capital, the limited incentives may deter some potential traders.
Fees Of Blueberry Prop Firm
I think that trading costs are among the most relevant criteria when choosing a broker because they directly affect the profitability of any business. Blueberry Markets offers traders the choice of two pricing environments: one commission-free and one commission-based. The minimum deposit requirement is $100 for both, but I would recommend the more affordable option with a commission. The commission-free Standard account has Forex spreads starting at 1.0 pips ($10 per lot), while the commission-based Direct account offers 0.0 pips with a $7 commission per lot. There’s no inactivity fee, and deposits are free; internal withdrawal fees apply only to bank wires.
Financial Instruments
Blueberry Markets provides investors with a diversified range of investment assets, primarily including forex currency pairs, commodities, indices, metals, energy, and CFDs.
Frequently Asked Questions (FAQs)
What is Blueberry Prop Firm?
Blueberry Prop Firm is one of the prop trading firms that finance traders to trade with their capital once they pass an evaluation. Popular for competitive splits of profit and low fees, it offers flexible account options allowing traders to scale with performance. Focused on forex and other assets, Blueberry provides strong support and education to ensure risk-free success.
Is there a refund if I fail the evaluation?
No, the fees for the evaluation are non-refundable, but traders may have options for discounted retakes.
Are there any hidden fees with Blueberry Prop Firm?
No, all fees are transparently listed, including evaluation fees and account retake fees.
How long does the withdrawal of the fund take?
The Blueberry Markets Finance Department processes your withdrawals within twenty-four hours, Monday to Friday. So if you withdraw over the weekend, it would be processed the following Monday.
Is negative balance protection available?
It was impossible for clients to access negative balance protection with the broker for quite a while. Now, ASIC Product Intervention keeps the ASIC client safe from a negative balance. Blueberry will absorb the negative amount and credit it back to you. SCB clients have negative balance protection too.
Does Blueberry Allow EA trading?
The firm supports bot and EA trading but restricts the use of HFT, latency arbitrage, and news scalping strategies.