Blueberry Markets Spreads and Fees 2026
Broker Audit, 2026
By Ken Chigbo, Founder, KenMacro, 18+ years across discretionary and systematic strategies, UK macro desk.
Updated 2026-05-22
The quick verdict
Blueberry Markets runs two cost structures. Standard accounts are commission-free with the broker’s margin built into the spread. Raw accounts offer near-zero spreads on majors during liquid sessions plus a per-lot commission. For active traders with a defined edge, the Raw structure typically wins on total cost at volume. ASIC regulated under AFSL 535887 for Australian retail clients, offshore Mauritius FSC for international. Desk rating 4.3 out of 5. The desk earns a commission on referrals, which does not change the cost analysis below.
How Blueberry Markets charges you: the two models
Blueberry Markets runs a straightforward dual-structure. Standard accounts are commission-free: the cost is built entirely into the spread, so your buy-sell difference at execution is wider than the raw interbank price. Raw accounts strip the markup from the spread and apply a per-lot commission instead. The commission rate should be verified at signup as it can be updated. Every cost analysis starts here. If you do not know which model you are on, check your account type in the client portal before placing trades.
Open an account, by trader type
Blueberry Markets
Standard and Raw ECN accounts, ASIC regulated under AFSL 535887, tight spreads on majors. Verify current commission rates and swap schedules at signup before funding.
Blueberry Markets
See live Raw spreads on EUR/USD and other majors directly in the platform. Compare against your current broker before switching capital.
Standard account: what the all-in cost looks like
On a Standard account, a EUR/USD trade at a typical quoted spread of 1.0 to 1.5 pips means you are paying that margin on entry. There is no separate commission line. For traders who hold positions for hours or days, or who trade lower frequency, this structure is clean and predictable. The total cost is visible at trade entry. It suits part-time traders and anyone who wants simplicity in their profit and loss accounting. The per-pip cost is higher than Raw at face value, but there is no mental overhead from commission tracking.
Raw account: breaking down the real cost
Raw account spreads on major pairs can sit near zero during peak London and New York session overlap. You then pay a per-lot commission on top. The all-in cost at that point is spread plus commission per round turn. For scalpers, high-frequency discretionary traders, or anyone running strategies that rely on tight entry precision, this structure is typically cheaper than commission-free at any meaningful volume. The critical step is calculating your all-in cost per lot before assuming the Raw account is cheaper for your specific trade frequency and size.
Swaps and overnight holding costs
Swap fees apply to both account types on any position held past the daily rollover, typically at 17:00 New York time. Swap rates vary by instrument and direction (long vs short) and are set by interbank conditions plus the broker’s own charge. They are not fixed. For position traders holding days or weeks, swaps can outweigh the spread or commission cost as the dominant drag. Verify current swap rates in the MT4, MT5, or TradingView platform before entering any overnight position. The desk does not publish live swap rates as they change regularly.
Honest take on where Blueberry sits on cost
Blueberry Markets is not the absolute cheapest option for ultra-high-volume institutional-scale operations. For retail and semi-professional traders, the Raw account is competitive, and the Standard account is fairly priced for its simplicity. The desk’s 4.3 out of 5 rating is built partly on cost competitiveness and substantially on service quality and regulation (ASIC AFSL 535887). Where Blueberry earns its position is in the combination of tight execution, strong support, and a regulated structure, not by being the lowest single number in a cost table.
What works
- Raw account offers near-zero spreads on majors during liquid sessions
- Standard account provides a simple, all-in commission-free cost structure
- Tight execution quality keeps slippage cost low in normal conditions
- ASIC regulated under AFSL 535887, Tier-1 oversight for Australian retail clients
- MT4, MT5, and TradingView all supported for cost monitoring and execution
- Award-winning customer support if you have fee or execution disputes
The honest caveats
- Raw account adds commission overhead that needs to be factored into every trade
- Not the rock-bottom cost option for ultra-high-volume institutional scalpers
- Swap rates vary and must be verified in platform before holding overnight
- International clients use the offshore Mauritius FSC entity, lighter protection
- Product range narrower than the largest multi-asset brokers
Two brokers the desk routes traders to
Blueberry Markets
ASIC regulated, AFSL 535887, tight raw spreads, award-winning support, copy trading via Myfxbook AutoTrade and DupliTrade.
VT Markets
Leverage up to 1:1000, 50 dollar entry, copy trading from about 10 dollars, MT4, MT5 and TradingView-grade charting. Offshore Mauritius FSC.
Frequently asked
What are Blueberry Markets spreads on EUR/USD?
On the Raw account, spreads on EUR/USD can sit near zero during peak session liquidity. On the Standard account, the spread is wider as it includes the broker’s margin in place of a commission. Exact live figures should be verified in the platform or at signup as they are not fixed.
Does Blueberry Markets charge commission?
The Raw/ECN account charges a per-lot commission in exchange for near-zero raw spreads. The Standard account is commission-free, with costs built into the spread. Verify the current Raw commission rate at signup as it can be updated.
Which Blueberry account is cheaper: Standard or Raw?
It depends on your trade frequency and hold time. For high-frequency or short-duration trades, the Raw account is generally cheaper at volume. For lower-frequency traders or those holding positions for hours or longer, the Standard account’s simplicity can be more cost-effective. Calculate your all-in cost per lot before choosing.
Does Blueberry Markets charge swap fees on overnight positions?
Yes. Swap fees apply to both Standard and Raw accounts for any position held past the daily rollover. Rates vary by instrument and direction. Check current rates in the MT4, MT5, or TradingView platform before entering a position you plan to hold overnight or longer.
Are there any deposit or withdrawal fees at Blueberry Markets?
Blueberry Markets generally does not charge deposit fees, though payment processor charges may apply depending on the method. Withdrawal terms should be verified directly at signup, as conditions can vary by payment method and region.
Open an account, by trader type
Blueberry Markets
Standard and Raw ECN accounts, ASIC regulated under AFSL 535887, tight spreads on majors. Verify current commission rates and swap schedules at signup before funding.
Blueberry Markets
See live Raw spreads on EUR/USD and other majors directly in the platform. Compare against your current broker before switching capital.
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KenMacro has commercial partnerships with one or more of the brokers referenced and may earn a commission if you open an account. Scores and rankings are editorial and independent of commission. Educational analysis only, not financial advice. Trading leveraged products carries a high risk of loss. Verify regulation by entity and current terms on the broker’s own site before funding any account.
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