Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
6/10 · HighASIC licence 535887 protects only Australian clients. Others sign with a Vanuatu or Mauritius company, and regulators in Malaysia and Indonesia list blueberrymarkets.com.
Identity & transparency
2/10 · LowBlueberry names each company with its number and address. ASIC lists blueberrymarkets.com as the licensee's website and warns about impostors copying Blueberry Australia.
Withdrawals & conduct
6/10 · High13 specific reports describe profits reversed, accounts closed or withdrawals held, mostly from March to October 2026. Blueberry answers each report and cites its trading terms.
Reputation
5/10 · Moderate3,291 Trustpilot reviews average 4.5 stars, but profit-reversal complaints continue and regulators in Malaysia and Indonesia list blueberrymarkets.com.
Website claims
3/10 · LowLicence numbers and scopes on the site match the registers. The Indonesian-language site conflicts with the footer, which excludes clients from Indonesia.
Operational history
2/10 · LowBlueberry Markets Pty Ltd and blueberrymarkets.com both date from July 2015, and archived pages show the same business in 2016, 2022 and 2023.
Who they are
A quick desk file on the company behind the brand.
- Brand: Blueberry, also known as Blueberry Markets.
- Head office: Level 17, 135 King Street, Sydney NSW 2000, Australia.
- Brand owner: Blueberry Markets Pty Ltd, ACN 606 959 335, registered in Australia on 8 July 2015.
- Legal entity for clients outside Australia: Blueberry Markets (V) Ltd, Vanuatu company 700697, or Blueberry Markets (Mauritius) Ltd, Mauritius company 218548.
- Legal entity for Australian clients: Blueberry Australia Pty Ltd, ACN 646 513 797.
- Registered: Govant Building, Kumul Highway, Port Vila, Vanuatu, and The Catalyst, Silicon Avenue, Ebène, Mauritius.
- Website: blueberrymarkets.com and au.blueberrymarkets.com, with regional sites blueberryid.com (Indonesian), bbmvn.co (Vietnamese) and blueberry.eg (Egypt).
- Australian licences: ASIC licence 535887, held by Blueberry Australia Pty Ltd, and ASIC licence 364411, held by Blueberry Prime Partners Pty Ltd.
- Offshore licences: a Vanuatu dealer licence from the VFSC and a Mauritius investment dealer licence from the FSC, with no investor compensation scheme behind either.
- UAE: Blueberry Financial Consultation LLC in Dubai holds only a Category 5 licence from the Capital Market Authority, which covers advice, introductions and promotion, not trading.
- Offers: forex and CFDs (contracts that follow a price without owning the asset) on shares, indices, commodities and crypto, on MetaTrader 4 and 5, cTrader, TradingView and the Blueberry X platform.
- Not accepted: the United States, Japan, Ontario, Indonesia, Malaysia and several sanctioned countries, according to the site footer.
- Age claim: the site states no founding year. Company and domain records date the brand to July 2015.
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: Yes
We confirmed this broker on a genuine regulator’s register.
Licences the broker publishes
Australian Securities and Investments Commission (ASIC)
Australian Securities and Investments Commission (ASIC)
Financial Services Commission, Mauritius (FSC)
Vanuatu Financial Services Commission (VFSC)
Capital Market Authority (CMA), United Arab Emirates
Why we reached this verdict
How the evidence adds up.
Blueberry is a real brokerage with a record that goes back to 2015, so we do not call Blueberry a scam. We rate Blueberry high risk because of the findings below, which mostly affect clients outside Australia.
- Offshore contract: Clients outside Australia open accounts with Blueberry Markets (V) Ltd in Vanuatu or Blueberry Markets (Mauritius) Ltd. No investor compensation scheme sits behind the Vanuatu or Mauritius licence. Blueberry Australia Pty Ltd and Blueberry Prime Partners Pty Ltd belong to AFCA, the Australian Financial Complaints Authority, which handles complaints for free. We found no similar independent complaints service named for the offshore companies.
- Regulator alerts in Asia: The Securities Commission Malaysia added blueberrymarkets.com to its Investor Alert List in 2025 for unlicensed dealing in securities. Bappebti, Indonesia's commodity futures regulator, blocked blueberrymarkets.com in 2024 because Blueberry had no Bappebti licence. Neither regulator says that Blueberry took client money.
- Profit reversals: We counted 13 specific client reports of profits removed, accounts closed or withdrawals held. 12 reports appeared on Trustpilot between March and October 2026, and 1 appeared on BrokersView in October 2024. The amounts include USD 5,000, USD 7,800 and USD 15,664. Blueberry answered each Trustpilot report and in most cases said the trading broke its terms.
- Wide powers in the terms: Clause 16.7 of the Mauritius client agreement lets Blueberry void trades and cancel profits, rebates and bonuses without prior notice. Blueberry can use clause 16.7 if Blueberry decides that a client exploited delayed or stale prices. Clause 16.7 also lets Blueberry withhold money in the account as far as needed to apply clause 16.7.
- Indonesian site: Blueberry runs blueberryid.com, an Indonesian-language site registered in July 2025. The footer of blueberryid.com says Blueberry does not accept applications from Indonesia.
- What holds the score down: ASIC licence 535887 lets Blueberry Australia Pty Ltd make a market for retail clients, and ASIC lists blueberrymarkets.com as the website of Blueberry Australia. Blueberry Markets Pty Ltd and blueberrymarkets.com both date from July 2015. Archived pages show Blueberry as an authorised representative of Eightcap in 2016 and of ACY Capital in 2022. An authorised representative is an agent that works under another firm's licence.
- Kept separate: We did not count complaints about Blueberry Funded, a prop-trading brand that uses the Blueberry name. Blueberry says Blueberry Funded operates separately from the broker.
Taken together, the findings describe a real broker with weak protection for most of its clients, not a fake operation.
Evidence ledger
Every finding, with its source and how strongly it points.
E1ASIC's Professional Registers list Blueberry Australia Pty Ltd (ACN 646 513 797) under licence 535887. The ASIC entry gives blueberrymarkets.com as the principal website and Level 17, 135 King St, Sydney as the address. The licence conditions allow advice, dealing and market making in derivatives and foreign exchange for retail and wholesale clients. ASIC shows AFCA membership number 105220.
Hard proofASIC Professional RegistersE2ASIC lists licence 364411 under Blueberry Prime Partners Pty Ltd (ACN 140 275 869). ASIC records the company's former name, Global Prime Partners (Australia) Pty Ltd, used until July 2023. The ASIC entry shows Blueberry Markets Pty Ltd as an authorised representative, number 001245440, from January 2024. The licence conditions cover advice and dealing in derivatives and foreign exchange for retail and wholesale clients, without market making.
E3ASIC's Moneysmart Investor Alert List warns about an impostor website, pc.blueberry-market.com, that copies Blueberry Australia Pty Ltd. ASIC states that Blueberry Australia has no connection with the impostor. ASIC first added the alert on 3 March 2025.
E4The FSC Mauritius Online Public Register lists Blueberry Markets (Mauritius) Ltd as an Investment Dealer (Full Service Dealer excluding Underwriting). The FSC entry names Legacy Capital Co Ltd as management company and gives an address at The Catalyst, Silicon Avenue, Ebène. The FSC entry shows no website. The register has no link per firm, so search the name Blueberry.
ModerateFSC Mauritius Online Public RegisterE5The VFSC Financial Dealers Licensee List includes BLUEBERRY MARKETS (V) LTD, company number 700697, with licence classes A, B and C.
E6The UAE Capital Market Authority lists Blueberry Financial Consultation L.L.C with 3 permitted activities: financial consultations, introduction and promotion. A CMA notice on the entry says a Category 5 licence does not allow trading, portfolio management or executing client orders in derivatives or spot FX.
E7The Securities Commission Malaysia Investor Alert List names Blueberry Markets, with blueberrymarkets.com and Blueberry's Facebook and X pages, under 2025. The remark reads: carrying on unlicensed capital market activities of dealing in securities. The entry concerns unlicensed activity in Malaysia, not impersonation or fraud.
E8Bappebti's press release of 31 December 2024 attaches a list of websites of entities without a Bappebti licence that Bappebti blocked in 2024. Entry 6 on the list is https://blueberrymarkets.com/. The same list includes coinbase.com and bitget.com, so the block concerns licensing in Indonesia.
E9IOSCO's I-SCAN alert network shows 1 alert that names blueberrymarkets.com, from the Securities Commission Malaysia. The other Blueberry alerts name different websites: an impostor at blueberry-global.com (New Zealand FMA, May 2025) and blueberrygrouptl.com (Spain's CNMV, September 2026).
ModerateIOSCO I-SCANE10Trustpilot's page for blueberrymarkets.com shows 3,291 reviews with a 4.5 score: 87% 5-star, 7% 4-star and 5% 1-star. Blueberry replies to negative reviews. The 5-star reviews that Blueberry shows on its own home page thank named support staff, a pattern typical of invited reviews.
ModerateTrustpilotE11Trustpilot 1-star reviews from March to October 2026 include 12 clients who report profits reversed, accounts closed, withdrawals held or deposits deducted. The reports give amounts such as USD 1,183, USD 5,000 and USD 7,800 in removed profit. Blueberry replied to each review, often citing latency abuse, off-quote prices, bonus terms or a compliance review.
E12A BrokersView complaint published on 31 October 2024 describes a client whose first withdrawal was paid. The client says Blueberry then closed the account and deducted USD 989 in profit after a second withdrawal request, with no reason given.
ModerateBrokersViewE13Clauses 16.6 and 16.7 of Blueberry's Mauritius client agreement (May 2026, version 2) ban exploiting latency, price-feed delays or stale quotes. If Blueberry decides a client did so, Blueberry may void trades, cancel profits, rebates and bonuses, and withhold funds without prior notice. The Vanuatu agreement has a similar close-out clause.
E14The Indonesian-language site blueberryid.com, registered on 3 July 2025, carries a footer saying Blueberry does not accept applications from Indonesia. Bappebti had blocked blueberrymarkets.com in 2024.
Moderateblueberryid.com home pageE15ASIC's company data lists Blueberry Markets Pty Ltd, ACN 606 959 335, as registered on 8 July 2015. The same data lists Blueberry Australia Pty Ltd from 10 December 2020 and Blueberry Prime Partners Pty Ltd from 29 October 2009.
E16Verisign's registry record shows blueberrymarkets.com registered on 5 July 2015, 3 days before Blueberry Markets Pty Ltd.
ModerateVerisign RDAPE17An archived copy of blueberrymarkets.com from 28 October 2016 shows Blueberry Markets as an authorised representative (CAR 1245440) of EightCap Pty Ltd, AFSL 391441. ASIC lists the same representative number, 001245440, under licence 364411.
ModerateWayback Machine, October 2016E18An archived copy from 29 December 2023 says Blueberry Markets (SVG) LLC introduced clients to ACY Capital Australia LLC, a Saint Vincent and the Grenadines company. The same footer says Saint Vincent gives ACY Capital Australia LLC no specific licence for forex and CFDs. A December 2022 copy shows Blueberry Markets Pty Ltd as an authorised representative of ACY Capital Pty Ltd.
The other side
The strongest case in this broker’s favour.
The strongest case for Blueberry rests on its Australian base and its long, continuous record.
- ASIC licence 535887 is a full dealing and market-making licence for retail clients, and ASIC lists blueberrymarkets.com as the licensee's website. ASIC records the same Sydney address, Level 17, 135 King Street, that Blueberry gives as its head office.
- ASIC registered Blueberry Markets Pty Ltd on 8 July 2015. The domain blueberrymarkets.com dates from 5 July 2015, 3 days earlier. Archived pages from 2016 show the same brand and the same Sydney phone number, +61 2 8039 7480, that appears on Blueberry's contact page.
- Impostors copy the Blueberry name, which usually happens to known, real brands. ASIC warns about pc.blueberry-market.com, and New Zealand's FMA warns about blueberry-global.com.
- Most of the 3,291 Trustpilot reviews are positive, and Blueberry replies in public to negative reviews.
- The Malaysian and Indonesian notices concern selling without a local licence. The same Bappebti list also names coinbase.com and bitget.com. Blueberry's footer excludes Malaysia and Indonesia.
- Many market makers use similar rules against latency trading. Each disputed case may turn on trading data that only Blueberry and the client can see.
- Blueberry's site names each company with its number, address and licence scope, including the narrow UAE licence.
What would change this
What we would need to see to revise the verdict.
These developments would move our rating down or up.
- Lower risk: The Securities Commission Malaysia removes Blueberry from its alert list, or Blueberry stops marketing in countries where Blueberry holds no licence.
- Lower risk: Blueberry offers clients outside Australia an account with a company under a stronger regulator, or joins an independent complaints service for offshore accounts.
- Lower risk: Profit-reversal complaints stop, or Blueberry publishes how Blueberry decides latency cases and how clients can appeal.
- Higher risk: Clients report withdrawals refused without any trading-terms reason, or a demand for a fee before Blueberry releases funds.
- Higher risk: ASIC takes action against a Blueberry company, or another regulator names blueberrymarkets.com.
- Higher risk: Complaints rise sharply within a few weeks, which can point to a payment problem.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
ASIC register: Blueberry Australia Pty Ltd (licence 535887)
Shows the licensee, its website and what the licence permits.
ASIC register: Blueberry Prime Partners Pty Ltd (licence 364411)
Shows the former name Global Prime Partners (Australia) and the representative Blueberry Markets Pty Ltd.
VFSC financial dealers licensee list
Find Blueberry Markets (V) Ltd, company number 700697.
UAE Capital Market Authority: Blueberry Financial Consultation
Lists the permitted activities and the regulator's notice that this licence excludes trading.
Securities Commission Malaysia Investor Alert List
Search the page for Blueberry Markets.
Bappebti list of websites blocked in 2024 (PDF)
Entry 6 on page 3 is blueberrymarkets.com.
ASIC Moneysmart alert about a Blueberry impostor
Warning about the fake site pc.blueberry-market.com.
IOSCO I-SCAN alerts for Blueberry
Shows which alerts name blueberrymarkets.com and which name impostor domains.
Blueberry legal documents
Client agreements for the Vanuatu and Mauritius companies.
Trustpilot reviews of blueberrymarkets.com
Read the 1-star reviews as well as the overall score.
Frequently asked questions
Quick answers about this broker’s safety.
Is Blueberry Markets a scam?
No. Blueberry Markets is a real broker based in Sydney, and its brand company and main website both date from July 2015. We still rate Blueberry high risk for clients outside Australia, who sign with an offshore company. Regulators in Malaysia and Indonesia also list blueberrymarkets.com, and some clients report cancelled profits.
Is Blueberry Markets a fraud?
We found no evidence of fraud. We found no regulator finding of fraud and no enforcement action naming a Blueberry company. ASIC's own alert treats Blueberry Australia Pty Ltd as the real firm that impostors copy. The Malaysian and Indonesian notices concern unlicensed selling, not fraud.
Is Blueberry Markets regulated?
Yes, in Australia: ASIC licence 535887 belongs to Blueberry Australia Pty Ltd, and ASIC licence 364411 belongs to Blueberry Prime Partners Pty Ltd. Clients outside Australia deal with Blueberry companies in Vanuatu and Mauritius, where protection is much weaker. Blueberry Financial Consultation LLC in Dubai holds only a Category 5 licence, which covers advice, introductions and promotion, not trading.
Which Blueberry company holds my money?
The answer depends on where you live. Australian residents sign with Blueberry Australia Pty Ltd. Clients elsewhere sign with Blueberry Markets (V) Ltd in Vanuatu or Blueberry Markets (Mauritius) Ltd. Check the company name in your client agreement before you deposit.
Why is Blueberry Markets on Malaysia's investor alert list?
The Securities Commission Malaysia lists Blueberry Markets for carrying on unlicensed capital market activities of dealing in securities. The 2025 entry names blueberrymarkets.com and Blueberry's Facebook and X pages. Blueberry's footer says Blueberry does not accept clients from Malaysia.
Did Indonesia block Blueberry Markets?
Yes. Bappebti, Indonesia's commodity futures regulator, blocked blueberrymarkets.com in 2024 as the website of a firm without a Bappebti licence. Blueberry still runs an Indonesian-language site, blueberryid.com, while the blueberryid.com footer says Blueberry does not accept clients from Indonesia.
Can I withdraw my money from Blueberry Markets?
Most of the 3,291 Trustpilot reviews of blueberrymarkets.com are positive, with an average of 4.5 stars. We also counted 13 specific reports of profits reversed, accounts closed or withdrawals held, mostly from 2026. Blueberry linked most of the 13 cases to breaches of its trading terms. Test a small withdrawal before you deposit a large amount.
Why does Blueberry cancel profits?
Clause 16.7 of the Mauritius client agreement lets Blueberry void trades and cancel profits, rebates and bonuses without prior notice. Blueberry can use clause 16.7 if Blueberry decides that a client exploited delayed or stale prices, which is called latency trading. Several clients in the complaints dispute Blueberry's findings.
How old is Blueberry Markets?
ASIC registered Blueberry Markets Pty Ltd on 8 July 2015, and the domain blueberrymarkets.com dates from 5 July 2015. Archived pages show Blueberry as an authorised representative of Eightcap in 2016 and of ACY Capital in 2022. An authorised representative is an agent that works under another firm's licence.
Is Blueberry Markets a clone?
No. ASIC lists blueberrymarkets.com as the website of Blueberry Australia Pty Ltd, the holder of licence 535887. Clones of Blueberry do exist: ASIC warns about pc.blueberry-market.com, and New Zealand's FMA warns about blueberry-global.com. Use only blueberrymarkets.com and au.blueberrymarkets.com.
Who owns Blueberry Markets?
The brand belongs to Blueberry Markets Pty Ltd, an Australian company with its head office at Level 17, 135 King Street, Sydney. The companies that open client accounts sit in Australia, Vanuatu and Mauritius, and Blueberry Financial Consultation LLC in Dubai handles promotion and introductions. The public registers we read name the companies but not their shareholders.
Is my money safe with Blueberry Markets?
Clients of Blueberry Australia Pty Ltd fall under ASIC client money rules and can complain for free to AFCA. No investor compensation scheme sits behind accounts with the Vanuatu or Mauritius companies. Blueberry says it keeps client money in segregated accounts, kept apart from company money, at banks such as the Commonwealth Bank of Australia. We could not confirm where Blueberry holds client money.
What is Blueberry Funded?
Blueberry Funded is a prop-trading brand that uses the Blueberry name. A prop firm sells trading challenges and pays traders a share of profits made on the firm's money. Some Blueberry Funded customers report accounts closed before payout. Blueberry says Blueberry Funded operates separately from the broker.
What should I check before depositing with Blueberry Markets?
Check the company name on your client agreement and whether your own regulator warns about the broker. Read clauses 16.6 and 16.7 on prohibited trading. Start with a small deposit and test a withdrawal. Use only blueberrymarkets.com and au.blueberrymarkets.com.
What we recommend
The practical takeaway from everything above.
Before you deposit, check which Blueberry company will hold your account and what your own regulator says.
- Read the company name in your client agreement. Australian residents sign with Blueberry Australia Pty Ltd, and other clients sign with the Vanuatu or Mauritius company.
- If you live in Malaysia or Indonesia, note that your regulator lists or blocks blueberrymarkets.com. Your local law may not help you in a dispute.
- Read clauses 16.6 and 16.7 of the client agreement before you scalp, which means opening and closing trades within seconds, or trade the news. Blueberry can cancel profits that Blueberry links to delayed prices.
- Avoid bonuses and trade credits. 2 of the complaints involved profits removed under bonus or credit terms.
- Start with a small deposit and request a small withdrawal before you add more money.
- Use only blueberrymarkets.com and au.blueberrymarkets.com. Impostor sites such as pc.blueberry-market.com and blueberry-global.com copy the Blueberry name.
- Blueberry's site gives licence numbers but no links to the registers, so check the numbers yourself on ASIC's Professional Registers.
- Keep your own records: screenshots of trades, account statements and every email with support.
- Australian clients can take an unresolved complaint to AFCA, the free complaints service, because Blueberry Australia Pty Ltd is an AFCA member.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed November 11, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
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