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Blueberry Markets Regulation and Entity Explained (2026)

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By Ken Chigbo, founder of KenMacro, 2026-06-07. Regulation and entity explained. KenMacro is a Blueberry Markets affiliate partner.

At Blueberry Markets the entity you are onboarded under decides your leverage cap and your protection, and it depends on where you live. Australian retail clients sit under a Tier-1 ASIC licence. International clients are typically placed under an offshore Mauritius entity with lighter protection. Here is the honest detail.

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The entities, and what each one means

Entity Regulator Clients Protection Max retail leverage
Blueberry Australia Pty Ltd ASIC (AFSL 535887) Australian retail Negative balance protection, AFCA scheme 1:30 on major pairs
Offshore (Mauritius FSC) Mauritius FSC International clients No statutory compensation scheme Higher, verify at signup

What protection you actually get, and what you give up

  • Under ASIC (AFSL 535887): Tier-1 oversight, capital and client-money segregation rules, automatic negative balance protection, and access to the AFCA complaints scheme. Leverage is capped at 1:30 on major forex pairs.
  • Under the offshore Mauritius entity: higher available leverage and broader conditions, but no statutory compensation fund and lighter conduct rules. You have recourse through the regulator’s complaints process, not a guaranteed payout if the broker fails.
  • The trade-off is simple: the ASIC entity gives you the strongest protection and the lowest leverage; the offshore entity gives you more leverage and less protection. Neither is wrong, as long as you know which you are on.

How to check before you fund

  • Confirm which entity you are onboarded under during signup, it is set by your country of residence
  • Read the Product Disclosure Statement (PDS) for your entity before you deposit
  • Check the ASIC register for AFSL 535887 if you are an Australian client
  • Complete identity verification before funding, and fund and withdraw through the same method
  • Open through the KenMacro link so the desk can track and support your account

Understand the entity and happy with it? Open the right way, under the desk.

How KenMacro is paid. KenMacro is an affiliate partner of the brokers on this page and earns a commission when you open and fund through the links here, at no extra cost to you. It supports the free research. Broker terms, eligibility and entity rules still apply, and the desk has no control over your account decisions.

Frequently asked questions

Is Blueberry Markets regulated by ASIC?

Yes. Blueberry Australia Pty Ltd holds ASIC licence AFSL 535887, which covers Australian retail clients with Tier-1 protections including automatic negative balance protection and access to the AFCA scheme. International clients are typically onboarded under an offshore Mauritius entity instead.

What entity am I under if I am outside Australia?

International clients are typically placed under Blueberry’s offshore Mauritius FSC entity, which offers higher leverage but lighter protection and no statutory compensation scheme. Confirm your exact entity at signup before you fund.

Does Blueberry have negative balance protection?

Under the ASIC entity, automatic negative balance protection applies as a regulatory requirement. Under the offshore entity, verify the current terms directly with the broker, as offshore conditions differ. Confirm before funding.

Does KenMacro earn a commission?

Yes. Blueberry Markets is a CPA partner and the desk earns a commission on funded accounts opened through the links here, at no extra cost to you. Blueberry’s terms and entity rules still apply.

Risk warning. CFDs and spread bets are leveraged products and most retail accounts lose money. Only trade with capital you can afford to lose. This page is for information and education, not financial advice. Verify all current terms, minimums, leverage and conditions directly with the broker before you fund.

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