Blueberry Markets vs CMC Markets Forex Broker Comparison
A head-to-head comparison of Blueberry Markets and CMC Markets across regulation, trading costs, platforms, and editorial scoring.
Score 4.3 / 5
2 bonusesPure ASIC-regulated ECN broker with raw spreads from 0.0 pips and a $8 round-turn commission on the Direct account - a straightforward professional-grade execution desk without the marketing overhead of larger brokers.
VS
Score 4.5 / 5
2 bonusesFCA-regulated and LSE-listed with one of the best proprietary platforms in retail FX and CFDs.
Our Verdict
CMC Markets winsby 0.2 pts
CMC Markets edges ahead with a score of 4.5/5 vs Blueberry Markets's 4.3/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
Blueberry Markets offers tighter spreads from 0 pips vs 0.7 pips for CMC Markets, reducing trading costs.
Best for safety & regulation
Recommended
CMC Markets has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for active traders
Recommended
Blueberry Markets has a cost edge: raw/ECN spreads, tighter spreads from 0 pips.
Best for platform choice
Recommended
CMC Markets offers more exclusive platform options: Proprietary Web/Mobile, a proprietary platform.
Best for beginners
Recommended
CMC Markets edges out Blueberry Markets with a higher editorial score (4.5/5 vs 4.3/5), indicating a stronger overall experience for new traders.
Blueberry Markets vs CMC Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.3/ 5 | 4.5/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5 | 4.6 / 5▲ |
Fees & Spreads 30% weight | 4.3 / 5 | 4.4 / 5▲ |
Platforms & Tools 20% weight | 4.4 / 5 | 4.5 / 5▲ |
Customer Support 10% weight | 4.1 / 5 | 4.2 / 5▲ |
| Founded | 2016 | 1989 |
| Headquarters | Sydney, Australia | London, United Kingdom |
| Min deposit | $100 | No minimum |
| Spreads from | 0 pips | 0.7 pips |
| Commission / lot | $8/lot | N/A |
| Max leverage | 500:1 | 30:1 |
| Withdrawal fee | Free | Free |
| Regulators | ASIC VFSC | FCA ASIC DFSA BaFin FMA |
| Platforms | MetaTrader 4 MetaTrader 5 cTrader | MetaTrader 4 Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit Blueberry Markets | Visit CMC Markets |
Blueberry Markets vs CMC Markets Forex Broker Pros & Cons
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
Pros
FCA-regulated, LSE-listed
Excellent proprietary platform
MT4 also available
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
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
Phone support available
Multilingual customer support
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
Cons
Inactivity fee after 12 months
No raw spread account option
Blueberry Markets vs CMC Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Blueberry Markets
criteria wins
4
CMC Markets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Blueberry Markets | CMC Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Fail | Pass |
Blueberry Markets vs CMC Markets: Frequently Asked Questions
Based on our independent editorial scoring, CMC Markets ranks higher with a score of 4.5/5 vs 4.3/5 for Blueberry Markets. The best choice still depends on your individual trading needs; Blueberry Markets and CMC Markets may each suit different trader profiles.
Blueberry Markets offers tighter spreads starting from 0 pips, compared to CMC Markets's spreads from 0.7 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
CMC Markets has a lower minimum deposit of no minimum required, while Blueberry Markets requires at least $100. This makes CMC Markets more accessible for traders with limited starting capital.
Both Blueberry Markets and CMC Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: CMC Markets has a lower minimum deposit (no minimum), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Blueberry Markets offers maximum leverage of 500:1, while CMC Markets offers up to 30:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Blueberry Markets charges $8 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
Blueberry Markets supports MetaTrader 4, MetaTrader 5, cTrader and CMC Markets offers MetaTrader 4, Proprietary Web/Mobile; both support MetaTrader 4; Blueberry Markets exclusively offers MetaTrader 5, cTrader; CMC Markets exclusively offers Proprietary Web/Mobile.
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Score 4.3 / 5
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