Two ECN brokers square off on trust, safeguards, and pricing. AMarkets and Blueberry clash over regulation, protections, and cost structures.
Blueberry Markets is the winner on trust & regulation and negative balance protection, while AMarkets lacks both safeguards.
Find out which broker best suits your trader profile.
Choose AMarkets if…
Choose AMarkets if you value phone support and multilingual assistance.
Choose Blueberry Markets if…
Choose Blueberry Markets if you want ASIC regulation and negative balance protection.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Both brokers offer spreads from 0.00 pips.
| Editorial score | 3.8/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.4 / 5 | 4.5 / 5▲ |
Pros
MT4, MT5, and cTrader all available
Competitive $6 round-turn ECN commission
Mature PAMM platform with full performance transparency
No inactivity fee
Client funds held in segregated accounts
Raw spread account available
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | AMarkets | Blueberry Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Fail |
Blueberry Markets rates 4.3/5 versus 3.8/5 for AMarkets. Blueberry Markets edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Both AMarkets and Blueberry Markets start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Both AMarkets and Blueberry Markets require a minimum deposit of $100 to open a live trading account.
Blueberry Markets holds top-tier regulation (ASIC, VFSC), providing stronger investor protections. AMarkets may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, Blueberry Markets provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each broker's site before deciding.
AMarkets lists maximum leverage of 3000:1, while Blueberry Markets lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
AMarkets charges $6 per lot, lower than Blueberry Markets's $8 per lot. Lower commissions benefit active traders who execute many trades per day.
AMarkets supports cTrader, MetaTrader 5, MetaTrader 4, while Blueberry Markets supports cTrader, MetaTrader 5, MetaTrader 4. Both provide cTrader and MetaTrader 5 and MetaTrader 4.
Blueberry Markets wins for safety & regulation due to ASIC regulation and negative balance protection.
Blueberry Markets wins for active traders with advanced charting tools.
AMarkets is better suited for scalpers: lower commission ($6/lot).
AMarkets is better for beginners due to multilingual support and phone assistance.
Blueberry Markets wins instrument variety with 300 options.
Blueberry Markets wins for platform choice thanks to advanced charting capabilities.
Fees & Spreads 30% weight | 4.0 / 5 | 4.3 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.1 / 5 | 4.4 / 5▲ |
|---|
Customer Support 10% weight | 3.9 / 5 | 4.1 / 5▲ |
|---|
| Founded | 2007 | 2016 |
|---|
| Headquarters | Kingstown, Saint Vincent and the Grenadines | Sydney, Australia |
|---|
| Min Deposit | $100 | $100 |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $6/lot▼ lower | $8/lot |
|---|
| 0.6 pips▼ lower | 0.8 pips |
| Max Leverage | 3,000:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerWebMoneyCrypto | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerWebMoneyCrypto | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | SVGFSA | ASIC VFSC |
|---|
| Platforms | cTrader MetaTrader 5 MetaTrader 4 | cTrader MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
ASIC-regulated with Tier 1 investor protections
MT4, MT5, and cTrader all available
Raw ECN Direct account with published execution statistics
No bonus marketing, pure execution focus
Client funds held in segregated accounts
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Cons
SVG FSA registration only, no meaningful retail investor protection
No EU or Tier 1 licensed entity
Very high leverage (3000:1) is a risk amplifier
No top-tier regulatory licence
No negative balance protection
No investor compensation scheme
No proprietary platform
Limited charting capabilities
Cons
$100 minimum deposit required
Limited product range, forex, indices, commodities, crypto only
No copy trading or social features
ECN commission slightly above the cheapest competitors
No investor compensation scheme
No proprietary platform
No phone support
Support available in limited languages
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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