Blueberry Marketsvs
CMC MarketsForex Broker Comparison
Two regulated brokers clash on regulation, costs, and platforms, highlighting divergent strengths for traders seeking execution style versus product breadth.
Our Verdict
CMC Markets winsby 0.2 pts
CMC Markets edges Blueberry Markets on the editorial score (4.5 vs 4.3) due to higher regulation and better platform score.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Blueberry offers 300 instruments; CMC offers about 12,000.
- 2CMC provides a proprietary platform; Blueberry relies on MT4/MT5/cTrader.
- 3CMC is FCA-regulated with investor compensation; Blueberry is ASIC/VFSC.
Who should choose Blueberry Markets vs CMC Markets?
Find out which broker best suits your trader profile.
Choose Blueberry Markets if…
Choose Blueberry Markets if you want ASIC-backed trust and transparent pricing with raw spreads from 0 pips on the Direct ECN account. It provides MT4, MT5, and cTrader plus segregated funds and 24/5 live chat, with a $8/lot commission.
Choose CMC Markets if…
Choose CMC Markets if you value regulation breadth with FCA oversight, investor compensation, and a larger instrument universe. It offers a best-in-class proprietary platform alongside MT4 and a multilingual, 24/5 support structure for traders worldwide.
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 0.00 pips vs 0.70 pips for CMC Markets, reducing trading costs.
Best for safety & regulation
Recommended
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▲ |
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
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
The scores are close: Blueberry Markets rates 4.3/5 and CMC Markets rates 4.5/5. CMC Markets has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Blueberry Markets starts from 0 pips, tighter than CMC Markets's 0.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
CMC Markets has no minimum deposit, 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. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: CMC Markets has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Blueberry Markets lists maximum leverage of 500:1, while CMC Markets lists up to 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Blueberry Markets charges $8 per lot on commission-based accounts. Commission details for CMC Markets are not currently available. Check their website for up-to-date pricing.
Blueberry Markets supports cTrader, MetaTrader 5, MetaTrader 4, while CMC Markets supports ProRealTime, Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 4. Blueberry Markets has exclusive access to cTrader and MetaTrader 5. CMC Markets has exclusive access to ProRealTime and Proprietary Web/Mobile.
