Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. We publish independent research, not investment advice. Risk disclosure
Blueberry Markets is a CFD broker with its head office in Sydney. Blueberry Australia Pty Ltd holds an ASIC licence for Australian clients, Blueberry Markets (V) Ltd (Vanuatu) and Blueberry Markets (Mauritius) Ltd serve international clients, Blueberry Prime Partners Pty Ltd (ASIC) processes payments, and Blueberry Financial Consultation LLC introduces clients in the UAE.
Research-based assessment This profile has not completed TTI’s on-site verification and 30-day platform review. How TTI verification works
Each licence was matched on the regulator’s own register on the date shown. Unverified claims are listed under Regulation and legal entities.
Assessment summary
Blueberry’s Vanuatu, Australian and UAE licences match the regulators’ records; we could not check the Mauritius licence. The Australian company holds client money in a segregated trust account that it does not use for hedging, and gives retail clients negative balance protection and access to AFCA. The Vanuatu and Mauritius agreements let client money be used for margining and hedging the companies’ own dealings, contain no negative balance protection and name no compensation scheme; Mauritius clients can go to the Financial Commission, Vanuatu clients only to the regulator. Blueberry does not say who owns it and publishes no financial statements. Its Australian site advertises leverage of 500:1, far above the retail limits its PDS applies, and it promises no dealing desk interference although its companies deal with clients as principal. The Securities Commission Malaysia lists blueberrymarkets.com on its Investor Alert List (2025).
Blueberry publishes the names, company numbers and addresses of the Vanuatu, Mauritius and UAE companies and the ABNs of the Australian companies; the Vanuatu and Mauritius details match GLEIF’s records and the Australian numbers match ASIC’s data and ABN Lookup.
Each company publishes a complaints policy with contact details and response times: acknowledgement within one business day and resolution within 30 days in Australia, and an attempt to resolve within five business days before a compliance review for the Vanuatu and Mauritius companies.
The client agreement is available before sign-up 13141629
The Vanuatu, Mauritius and Australian client agreements and related documents can be read on Blueberry’s websites without an account.
Every page of the international and Australian sites carries a risk warning, and none of the companies’ regulators requires the share of losing accounts.
Key concerns
Listed on the Securities Commission Malaysia Investor Alert List 22
Reduced the enforcement dimension by 2 points (low severity, 1.8 years before the review).
Not met No investor compensation scheme covers clients of the Australian, Vanuatu or Mauritius companies, and none is named. The Financial Commission’s fund only pays its own awards, up to €20,000 per client, if a member fails to pay.
Not met We found no financial statements or capital disclosures published by Blueberry for any of its companies.
Client-facing entities appear on the regulator’s register 1234
Partly met We matched Blueberry Markets (V) Ltd on the Vanuatu FSC’s list, Blueberry Australia Pty Ltd and Blueberry Prime Partners Pty Ltd in ASIC’s licensee data, and Blueberry Financial Consultation LLC in the UAE Capital Market Authority’s open data. We could not check the Mauritius company’s FSC licence.
Marketing claims are accurate and attributable 11314161728
Not met The Australian site advertises maximum leverage of 500:1, although its PDS applies ASIC’s retail limits of 30:1 or less. The international site promises “no dealing desk interference”, while the agreements say the companies deal with clients as principal and market maker, and says all client funds are held in segregated accounts, while the offshore agreements let client money be used for hedging. It calls Blueberry multi award-winning without naming any award and gives both 1,000+ and 300+ instruments.
Breakdown by dimension
Each dimension is scored from its criteria, then weighted. Dimensions without enough evidence are left out and the remaining weights are rescaled. Open a dimension to see every criterion, our rationale and the sources.
Regulatory status and licence verification 26% of score 79 out of 100
Whether the firm’s licences exist, are current and cover what it offers.
Partly met
Client-facing entities appear on the regulator’s register 1234
We matched Blueberry Markets (V) Ltd on the Vanuatu FSC’s list, Blueberry Australia Pty Ltd and Blueberry Prime Partners Pty Ltd in ASIC’s licensee data, and Blueberry Financial Consultation LLC in the UAE Capital Market Authority’s open data. We could not check the Mauritius company’s FSC licence.
ASIC authorises Blueberry Australia to issue and make a market in derivatives and foreign exchange contracts for retail clients, the Vanuatu company holds a dealers licence in classes A, B and C, and the UAE company is licensed only to consult, introduce and promote, which matches its role. We could not see the Mauritius company’s permissions on a register.
Partly met
Regulatory claims on the website are accurate 12346
The ASIC, VFSC and UAE licences Blueberry lists match the registers, though the UAE register shows no licence number. We could not confirm the FSC Mauritius licence.
Partly met
Clients can tell which regulated entity serves them 1678
The footers name each company with its number, licence and address, and the Australian site names the Australian issuer. But the international site offers both the Vanuatu and the Mauritius company’s documents without saying which clients each serves.
Criteria and their weighting are explained in the methodology.
Corporate transparency and ownership 13% of score 68 out of 100
Whether you can find out who owns and runs the firm.
Blueberry publishes the names, company numbers and addresses of the Vanuatu, Mauritius and UAE companies and the ABNs of the Australian companies; the Vanuatu and Mauritius details match GLEIF’s records and the Australian numbers match ASIC’s data and ABN Lookup.
We found no statement or free public record that names who owns the Blueberry companies. GLEIF records no consolidating parent for any of them; the UAE register names Dean Hyde as board member of the UAE company.
The sites name the companies and their roles: the Vanuatu and Mauritius dealers, the Australian issuer, Blueberry Prime Partners for payment processing, the UAE introducer and Blueberry Markets Pty Ltd as copyright holder. They do not explain how the companies are owned or related.
The UAE register names Dean Hyde as the UAE company’s board member and its accredited head of category, but we found no directors or managers named on Blueberry’s websites or in its documents.
The Australian company holds client money in a segregated trust account and does not use it for margining, hedging or as capital. The Vanuatu and Mauritius agreements let client money in the trust account be used for margining and settling the company’s dealings with others and for hedging its own risk, and the Mauritius risk disclosure lets it be passed to third parties in omnibus accounts.
Partly met
Retail clients have negative balance protection 131415161718
Retail clients of the Australian company have negative balance protection under its PDS. The Vanuatu and Mauritius agreements and risk disclosures contain no such protection.
No investor compensation scheme covers clients of the Australian, Vanuatu or Mauritius companies, and none is named. The Financial Commission’s fund only pays its own awards, up to €20,000 per client, if a member fails to pay.
Partly met
Banking and custody arrangements are disclosed 131620
Blueberry says client funds are held with “top-tier banks like CBA”, without saying which company’s money is held there, and its PDS and agreements name no bank.
The funding page says withdrawals are processed within 24 hours on business days by bank transfer, card or e-wallet, and the Australian PDS charges AUD 25 for international payments, but we found no withdrawal fees or conditions for international clients.
Criteria and their weighting are explained in the methodology.
Enforcement and substantiated adverse findings 13% of score 98 out of 100
Regulator warnings, enforcement actions and final legal findings on record.
Starts at 100 and loses points for each substantiated adverse finding by severity and age. Allegations, complaints and clone
warnings never count. Total deducted: 2 points.
Met
Warning lists and enforcement records have been searched 2223
We searched ASIC, CySEC, FCA, CVM, KNF and Japan FSA records and the Indian and Malaysian alert lists, and ran web searches. We found the Securities Commission Malaysia’s 2025 alert-list entry and no enforcement action.
Regulator warning
Listed on the Securities Commission Malaysia Investor Alert List 22
1 Jan 2025. Reduced the enforcement dimension by 2 points (low severity, 1.8 years before the review).
Criteria and their weighting are explained in the methodology.
Complaint handling and documented resolutions 8% of score 86 out of 100
How the firm handles complaints, and what independent records show.
Each company publishes a complaints policy with contact details and response times: acknowledgement within one business day and resolution within 30 days in Australia, and an attempt to resolve within five business days before a compliance review for the Vanuatu and Mauritius companies.
Partly met
Independent dispute resolution is available 161924252627
Australian clients can go to AFCA, and Mauritius clients to the Financial Commission, which lists Blueberry Markets as an active member. The Vanuatu policy names only the VFSC, which is the regulator and not an independent dispute body.
Not determined
Independent complaint outcomes show no adverse pattern 23
Blueberry has no UK company, so there are no Financial Ombudsman Service decisions, and we did not find published decisions of other dispute bodies.
We found no complaint statistics published by Blueberry or by a regulator or ombudsman for its companies. AFCA publishes complaint figures for the financial firms that are its members, but its data site refused our requests, so we could not check the Australian company.
Criteria and their weighting are explained in the methodology.
Trading terms and operational transparency 8% of score 84 out of 100
Whether costs, execution and risks are disclosed before you sign up.
Blueberry publishes spreads and commissions by account type and asset class, and the Australian PDS the commission, swaps and international payment fee. Swap rates are only listed in the platform’s product specifications, the PDS reserves an unquantified fee or spread on currency conversion, and we found no statement about inactivity fees.
The agreements and the Australian PDS say the companies deal as principal and market maker and may hedge with counterparties, but Blueberry publishes no order execution policy explaining the execution factors, its counterparties or how conflicts of interest are managed.
Met
The client agreement is available before sign-up 13141629
The Vanuatu, Mauritius and Australian client agreements and related documents can be read on Blueberry’s websites without an account.
Partly met
Leverage and margin terms are disclosed 1314161728
The Australian PDS applies ASIC’s retail leverage limits with a margin call at 100% and close-out at 50%. The international account page gives maximum leverage of 500:1, but neither it nor the Vanuatu and Mauritius agreements give margin call or stop-out levels, and the Australian site also shows 500:1.
Every page of the international and Australian sites carries a risk warning, and none of the companies’ regulators requires the share of losing accounts.
Criteria and their weighting are explained in the methodology.
Public disclosures and communication 4% of score 45 out of 100
Whether public claims hold up and the firm communicates openly.
Not met
Marketing claims are accurate and attributable 11314161728
The Australian site advertises maximum leverage of 500:1, although its PDS applies ASIC’s retail limits of 30:1 or less. The international site promises “no dealing desk interference”, while the agreements say the companies deal with clients as principal and market maker, and says all client funds are held in segregated accounts, while the offshore agreements let client money be used for hedging. It calls Blueberry multi award-winning without naming any award and gives both 1,000+ and 300+ instruments.
Partly met
An address and working contact channels are published 391130
Blueberry publishes its Sydney head office, registered addresses, telephone numbers, email and live chat, and the Vanuatu and Mauritius addresses match GLEIF’s records. ASIC’s licensee data still gives North Sydney for both Australian licensees, which ABN Lookup shows moved to Sydney in November 2025.
The agreements give five days’ written notice of changes and documents carry issue dates, but several documents are published under file names with later dates than the issue dates they show, so clients cannot easily tell which version is current.
Criteria and their weighting are explained in the methodology.
On-site office verification 5% of score 0 out of 100
What our visit confirmed in person: a real, staffed office of the assessed entity, not a ghost address.
We have not checked this firm’s office in person, so this dimension scores zero. We check offices through our on-site verification programme.
Not met
Real office at the stated address, not a ghost address
Not met
Office of the assessed entity
Not met
Staffed and operating
Criteria and their weighting are explained in the methodology.
On-site assessment and platform testing 10% of score Not assessed: no on-site assessment yet
What our on-site checks and 30-day platform testing found.
We have not completed an on-site assessment of this firm, so this dimension does not count and its weight is shared among the others.
Not determined
Company identity
Not determined
Regulatory claims
Not determined
Office visit
Not determined
Account opening
Not determined
Platform usability
Not determined
Costs and disclosures
Not determined
Customer support
Not determined
Deposits and withdrawals
Not determined
Trading functions
Not determined
Complaints process
Criteria and their weighting are explained in the methodology.
Regulation and legal entities
A brand can trade through several companies, each licensed in a different place with different protections. Check which entity your
account would be with.
Blueberry Markets (V) Ltd
Client-facing entity · Incorporated in Vanuatu · Company number 700697 · International clients (Vanuatu licence tab on blueberrymarkets.com)
Client-facing entity · Incorporated in Mauritius · Company number 218548 · International clients (Mauritius licence tab on blueberrymarkets.com), including clients introduced from the UAE
Affiliate · Incorporated in Australia · Company number ACN 140 275 869 · Facilitates payment processing for the Blueberry companies
Australian Securities and Investments Commission (ASIC) · Reference AFSL 3644113
General advice and dealing in deposit products, derivatives, foreign exchange contracts, managed investment schemes and securities, for retail and wholesale clients
Other · Incorporated in United Arab Emirates · Introduces clients in the UAE to Blueberry Markets (Mauritius) Ltd; does not open accounts or provide trading services
Capital Market Authority (CMA) · Reference 202000004514
Financial consultations, introduction and promotion (category 5)
Open-data record CP-0001636, established on 4 July 2025; the register displays no licence number, so 20200000451 is the number Blueberry gives.
Other · Incorporated in Australia · Company number ACN 606 959 335 · Named as copyright holder on the international websites; its role in the group is not stated
No licence recorded for this entity.
Dated findings
Warnings, enforcement actions, legal findings, allegations and complaint records are labelled separately. What each label means.
Regulator warningActive
Listed on the Securities Commission Malaysia Investor Alert List 22
· Securities Commission Malaysia · Malaysia · Last checked 26 Oct 2026
The Securities Commission Malaysia’s Investor Alert List includes “Blueberry Markets” (blueberrymarkets.com and its Facebook and X accounts) for carrying on unlicensed capital market activities of dealing in securities. The list records the entry under the year 2025 without a specific date; we use 1 January 2025. The entry was still on the list when we checked on 26 October 2026.
Company response
Firms can respond to their profile and to any finding. No response has been published for Blueberry Markets. How firms can respond.
Blueberry Markets Pty LtdCompany statementChecked 26 Oct 2026
The footer, copyright Blueberry Markets Pty Ltd, names Blueberry Markets (Mauritius) Ltd (company 218548, FSC global business licence GB24203929 as a full service dealer excluding underwriting, The Catalyst, Ebène), Blueberry Financial Consultation LLC (UAE Capital Market Authority category 5 licence 20200000451, Emaar Business Park, Dubai), Blueberry Markets (V) Ltd (VFSC, company 700697, licence classes A, B and C, Govant Building, Port Vila) and Blueberry Prime Partners Pty Ltd (ABN 57 140 275 869, AFSL 364411), which facilitates payment processing. It carries a general risk warning without a share of losing accounts, describes Blueberry as a “Multi Award-Winning Broker” without naming awards, and says Blueberry does not accept applications from the US, Japan, Ontario, Indonesia, Malaysia and other places.
Australian Securities and Investments CommissionRegulator recordChecked 26 Oct 2026Australia
Lists AFSL 535887 held by Blueberry Australia Pty Ltd (ABN 67 646 513 797) from 27 May 2024, authorising general advice on deposit products, derivatives and foreign exchange contracts, issuing derivatives and foreign exchange contracts, dealing on behalf of others and making a market in foreign exchange contracts and derivatives, for retail and wholesale clients. Also lists AFSL 364411 held by Blueberry Prime Partners Pty Ltd (ABN 57 140 275 869) from 10 November 2010, authorising general advice and dealing in deposit products, derivatives, foreign exchange contracts, managed investment schemes and securities, including issuing derivatives and foreign exchange contracts, for retail and wholesale clients. Both are recorded at North Sydney NSW 2060.
Capital Market Authority (UAE)Regulator recordChecked 26 Oct 2026United Arab Emirates
Lists Blueberry Financial Consultation L.L.C (CP-0001636) as active, established on 4 July 2025 in Dubai, with the website blueberryfinancial.ae and active licences for financial consultations, introduction and promotion. Dean Hyde (Australia) is its board member, and its head of category was accredited on 23 July 2026. The register does not display a licence number.
Blueberry Financial Consultation LLCCompany statementChecked 26 Oct 2026United Arab Emirates
Says the company is licensed under category 5 by the UAE Capital Market Authority to provide financial consultation and introducing services, and introduces clients to Blueberry Markets (Mauritius) Ltd, which provides the trading services.
Blueberry Australia Pty LtdCompany statementChecked 26 Oct 2026Australia
Says Blueberry Australia Pty Ltd, trading as Blueberry (ABN 67 646 513 797, AFSL 535887), is the issuer of the products in its PDS and that payment processing is facilitated by Blueberry Prime Partners Pty Ltd (AFSL 364411). The risk warning says clients could lose substantially more than their initial deposit.
Blueberry Markets Pty LtdCompany statementChecked 26 Oct 2026
Publishes separate tabs for the Vanuatu and Mauritius licences, each with a client agreement, complaints handling policy, risk disclosure policy and copy trading and PAMM agreements, without saying which clients each company serves. No order execution policy is listed.
Blueberry Markets Pty LtdCompany statementChecked 26 Oct 2026
For each of Blueberry Markets (V) Ltd and Blueberry Markets (Mauritius) Ltd gives the office address and Direct (Raw) account spreads and commissions by asset class, for example forex from 0.0 pips with USD 3.50 commission per side.
Australian Business RegisterOfficial filingChecked 26 Oct 2026Australia
Blueberry Australia Pty Ltd (ACN 646 513 797), an Australian private company active since 16 December 2020, with its main business location in NSW 2000 since 28 November 2025 (NSW 2060 before).
Australian Business RegisterOfficial filingChecked 26 Oct 2026Australia
Blueberry Prime Partners Pty Ltd (ACN 140 275 869), active since 29 October 2009, was named Global Prime Partners (Australia) Pty Ltd until 6 July 2023; its main business location has been NSW 2000 since 28 November 2025.
Global Legal Entity Identifier FoundationRegulator recordChecked 26 Oct 2026
Records Blueberry Markets (Mauritius) Ltd (C218548, created 4 March 2025, The Catalyst, Ebène), Blueberry Markets (V) Ltd (700697, Govant Building, Port Vila), Blueberry Australia Pty Ltd, Blueberry Prime Partners Pty Ltd (formerly Global Prime Partners (Australia) Pty Ltd) and Blueberry Markets Pty Ltd. Each record reports that the company has no consolidating parent; none names an owner.
Australian Business RegisterOfficial filingChecked 26 Oct 2026Australia
Blueberry Markets Pty Ltd (ACN 606 959 335), an Australian private company active since 8 July 2015, with the business name BB Markets and its main business location in NSW 2000 since 28 November 2025.
Blueberry Markets (V) LtdCompany documentPublished 1 Jan 2024Checked 26 Oct 2026Vanuatu
Published under a file name dated August 2026, the document is dated January 2024. The company enters each contract as principal and market maker and may hedge with hedging counterparties. Client money is deposited in the licensee’s client moneys trust account, but may be used for margining, guaranteeing or settling the company’s dealings with other parties, including on behalf of other clients, and for hedging the company’s own risk, and amounts withdrawn for those purposes belong to the company. The agreement contains no negative balance protection and no external dispute body, and the company may amend it on five days’ written notice.
Blueberry Markets (Mauritius) LtdCompany documentPublished 1 May 2026Checked 26 Oct 2026Mauritius
Issued by Blueberry Markets (Mauritius) Ltd (company 218548, licence GB24203929). Its client money, principal dealing, amendment and dispute terms are the same as the Vanuatu agreement: client money in a trust account that may be used for margining and hedging the company’s dealings, no negative balance protection, internal dispute resolution only and amendment on five days’ written notice.
Says the company may pass client money to a third party such as an intermediate broker, bank or OTC counterparty, which may hold it in an omnibus account, leaving the company with only an unsecured claim if that party fails. It contains no negative balance protection.
Blueberry Australia Pty LtdCompany documentPublished 1 Jun 2024Checked 26 Oct 2026Australia
Gives Level 17, 135 King St, Sydney. Blueberry acts as principal and hedges with hedging counterparties. Client money is held in a pooled trust account, segregated from company funds, reconciled daily and not used for margining, hedging or as capital. Retail clients have negative balance protection and margin under ASIC’s product intervention order, with a margin call at 100% and close-out at 50% of the margin requirement. Costs: spreads, a Direct account commission of AUD 7 per round turn, swaps listed on the platform, a possible fee or spread on currency conversion and AUD 25 for each international payment. Complaints can go to AFCA (membership 26427).
Blueberry Australia Pty LtdCompany statementChecked 26 Oct 2026Australia
The Australian site shows maximum leverage of 500:1 for both its Standard and Raw accounts, and its FAQ says all CFD accounts include negative balance protection.
Financial CommissionRegulator recordChecked 26 Oct 2026
The Financial Commission, a private dispute resolution organisation, lists Blueberry Markets as an active member since 6 May 2024, with a compensation fund of €20,000 per client that pays its own awards if a member fails to; the page does not name the member company.
Blueberry Markets Pty LtdCompany statementChecked 26 Oct 2026
Says most deposits are reflected instantly and withdrawals are processed within 24 hours on business days, by bank transfer, credit or debit card and supported e-wallets. The page gives no fees.
Securities Commission MalaysiaRegulator recordChecked 26 Oct 2026Malaysia
Includes an entry dated 2025 for “Blueberry Markets” (blueberrymarkets.com and its Facebook and X accounts) for carrying on unlicensed capital market activities of dealing in securities. It is not marked as a clone.
Cyprus Securities and Exchange Commission; and othersRegulator recordChecked 26 Oct 2026
On 26 October 2026 we searched ASIC’s licensee data, CySEC’s 1,173 board decisions, the FCA’s list of investment firms and its warnings, the CVM’s declaratory acts, KNF’s lists, the Japan FSA’s list of warned unregistered firms (23 October 2026), the Securities Commission Malaysia and Bank Negara Malaysia alert lists and the RBI alert list (19 November 2025) for Blueberry Markets and its company names, and ran web searches for actions by ASIC, the VFSC, the FSC Mauritius, Consob and others. We found only the Securities Commission Malaysia entry.
Blueberry Markets (V) LtdCompany documentPublished 17 Jan 2024Checked 26 Oct 2026Vanuatu
Complaints go by email to support@blueberrymarkets.com on a complaint form; Blueberry aims to resolve them within five business days, then assigns a compliance officer and sends a final response. Unresolved complaints may be referred to the VFSC, the regulator; the policy also mentions referral to “the FSA”.
Blueberry Markets (Mauritius) LtdCompany documentPublished 1 Jan 2024Checked 26 Oct 2026Mauritius
Published under a file name dated August 2026, the document is dated January 2024 and calls itself a client agreement. Complaints follow the same process as in Vanuatu; unresolved complaints may be referred to the Financial Commission.
Blueberry Australia Pty LtdCompany documentPublished 1 Jun 2024Checked 26 Oct 2026Australia
Complaints by email, telephone, post, social media or live chat are acknowledged within 24 hours or one business day and resolved within 30 calendar days, after which clients can go to AFCA.
Blueberry Markets Pty LtdCompany statementChecked 26 Oct 2026
Standard accounts from 1.0 pips without commission and Raw accounts from 0.0 pips with USD 7 commission per round turn, both with a USD 100 minimum deposit and maximum leverage of 500:1. The page says Blueberry is “fully licensed and regulated”, that all client funds are held in segregated accounts with tier-one banks, that there is “no dealing desk interference in your trades”, and gives both “1,000+” tradable instruments and “300+ CFD instruments”. No margin call or stop-out level is given.
Blueberry Australia Pty LtdCompany documentPublished 1 May 2026Checked 26 Oct 2026Australia
Prepared by Blueberry Australia Pty Ltd, which it says trades as Blueberry Markets Group (AFSL 535887). Unresolved disputes can go to AFCA, and the company may amend the agreement on five days’ written notice.
Blueberry Markets Pty LtdCompany statementChecked 26 Oct 2026
Gives the head office at Level 17, 135 King St, Sydney NSW 2000, two Australian telephone numbers, email and 24/7 live chat, and the registered addresses of the Vanuatu and Mauritius companies.
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