Blueberry Standard vs Raw (Direct) Account 2026

Broker Audit, 2026

By Ken Chigbo, Founder, KenMacro, 18+ years across discretionary and systematic strategies, UK macro desk.

Find Ken on X @realkenchigbo · YouTube @Realkenchigbo · MACRO MASTERY Discord

Updated 2026-05-23

The two accounts, in one line each

Standard: the entire cost sits inside a wider spread, no commission charged at execution. Direct: Blueberry’s official name for what most traders call the raw-spread account. You get a near-interbank spread from 0.0 pips on EUR/USD and pay a flat commission of $7 per standard lot round-turn ($3.50 per side). Both accounts start at $100 minimum. Both support the same four platforms. The only thing that differs is how the cost is structured. Understanding that distinction is the whole job of this page.

The real all-in cost, worked through

A $7 round-turn commission on a standard lot of EUR/USD is approximately 0.7 of a pip equivalent, calculated by dividing the dollar cost by the per-pip value of a standard lot. Add that to Direct’s 0.0 pip raw spread and the all-in cost sits at roughly 0.7 pips. Standard’s all-in sits at roughly 1.0 pip with no commission layered on top. The gap is around 0.3 pips per trade. At low frequency that difference is immaterial. Once you are placing multiple trades per day, or running an algo, those fractions compound across your monthly volume. The desk states these as approximations: spreads float, and your actual executed cost will vary with market conditions.

Which account suits which trader

Standard is the right starting point for beginners and lower-frequency swing traders. You see one number in your platform, you pay it, there is no separate commission line to track. The wider spread means your cost is slightly higher per trade, but the simplicity is worth it at lower volumes. Direct is the better fit for active traders, scalpers and anyone running algorithmic strategies. Raw spread plus a transparent per-lot commission produces a lower all-in cost as volume rises, and most serious execution-focused traders prefer to see the two components separately. If you are placing fewer than a handful of standard lots per month, Standard is adequate. Past that level, the arithmetic favours Direct.

What is identical on both

The $100 minimum deposit applies to both accounts. Platform access is the same: MT4, MT5, cTrader and TradingView are all available on Standard and Direct. The same leverage tiers apply by entity: 30:1 for ASIC-regulated Australian clients (AFSL 535887), and up to 500:1 for international clients via the offshore entity (Mauritius FSC GB24203929, Vanuatu VFSC). Negative balance protection is in place on both. The instrument range is the same. Blueberry does not gate instruments, copy trading access or platform features behind one account type versus the other. The split is purely about cost structure.

The desk’s pick, and how to choose

Most traders past the beginner stage are better off on Direct. The all-in cost is lower at any meaningful trading frequency, the commission is transparent and easy to model, and the raw spread gives you an honest picture of execution quality. Standard remains a sensible choice if you are just starting, prefer a simpler P+L reconciliation, or trade at genuinely low volume where the 0.3-pip difference does not move the needle on monthly performance. The desk’s practical suggestion: open a demo account on each type before committing real capital. Run your usual strategy for a week on both, calculate your real all-in cost at your actual volume, and let that number make the decision for you.

Frequently asked

What is the difference between Blueberry Standard and Direct?

Standard bakes the entire cost into a wider spread from 1.0 pip on EUR/USD with no separate commission. Direct is Blueberry’s official name for the raw-spread account: spread from 0.0 pips on EUR/USD plus a $7 per standard lot round-turn commission ($3.50 per side). The choice is about cost structure. Standard is simpler; Direct is typically cheaper at any meaningful trading volume.

Is the Blueberry Direct (raw) account cheaper than Standard?

Generally yes, once you factor in both components. Direct’s 0.0 pip raw spread plus the $7 round-turn commission works out to roughly 0.7 of a pip equivalent on EUR/USD. Standard sits at roughly 1.0 pip all-in. The 0.3-pip difference is small per trade but compounds at higher frequency. At very low volume the difference is negligible and Standard’s simplicity may outweigh the marginal saving.

What is the commission on the Blueberry Direct account?

$7 per standard lot, charged as a round-turn (the full cost for an open and a close). This breaks down as $3.50 per side. The commission is charged at execution on both the opening and closing leg of the trade. On EUR/USD, that $7 round-turn is roughly equivalent to 0.7 of a pip on a standard lot, which is the figure the desk uses to calculate Direct’s all-in cost.

What is the minimum deposit for each Blueberry account?

$100 on both Standard and Direct. There is no higher minimum to access the raw-spread Direct account. Platform access (MT4, MT5, cTrader, TradingView), leverage by entity and negative balance protection are also identical across both account types. The only meaningful difference between the two is the cost structure: all-in spread versus raw spread plus commission.

Which Blueberry account is best for scalping?

Direct. Scalping depends on tight execution costs across a high number of trades, and Direct’s raw spread from 0.0 pips on EUR/USD gives a lower all-in cost per trade than Standard’s all-in spread from 1.0 pip. The $7 round-turn commission is transparent and easy to model into a scalping strategy. Standard’s wider spread would erode scalping edge much faster over a typical session volume.

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.