Blueberry Markets and Deriv clash on regulation strength, pricing, and platform ecosystems. The tension centers on raw spreads, licensing quality, and platform breadth.
Blueberry Markets edges Deriv in the editorial score, reflecting stronger trust/regulation and platform capabilities. Deriv remains competitive with MFSA and other licenses and 24/5 support, but the gap persists.
Find out which broker best suits your trader profile.
Choose Blueberry Markets if…
Choose Blueberry Markets if you want advanced charting, ASIC-regulated trust, and a larger instrument set.
Choose Deriv if…
Choose Deriv if you need multilingual support and a proprietary platform with synthetic indices.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Blueberry Markets offers tighter spreads from 0.00 pips vs 0.50 pips for Deriv, reducing trading costs.
| Editorial score | 4.3/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 4.0 / 5 |
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Blueberry Markets | Deriv |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| 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 | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Fail |
| Multilingual support | Fail | Pass |
The scores are close: Blueberry Markets rates 4.3/5 and Deriv rates 4.1/5. Blueberry 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 Deriv's 0.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Deriv has $5, while Blueberry Markets requires at least $100. This makes Deriv more accessible for traders with limited starting capital.
Blueberry Markets holds top-tier regulation (ASIC, VFSC), providing stronger investor protections. Deriv 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, two factors stand out: Deriv requires a lower minimum deposit ($5), lowering the barrier to entry, 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 Deriv lists up to 1000:1. 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 Deriv are not currently available. Check their website for up-to-date pricing.
Blueberry Markets supports cTrader, MetaTrader 5, MetaTrader 4, while Deriv supports MetaTrader 5, Proprietary Web/Mobile, DXtrade. Both provide MetaTrader 5. Blueberry Markets has exclusive access to cTrader and MetaTrader 4. Deriv has exclusive access to Proprietary Web/Mobile and DXtrade.
Blueberry Markets wins for regulation with ASIC Tier 1 protections and segregated client funds.
Blueberry Markets suits active traders with raw spreads and direct ECN pricing.
Blueberry Markets is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
Deriv offers MT5, DXtrade and a proprietary platform, expanding trading choices.
Deriv attracts beginners with a low $5 minimum deposit.
Blueberry Markets offers 300 instruments versus 200 at Deriv.
Fees & Spreads 30% weight | 4.3 / 5▲ | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.4 / 5▲ | 4.2 / 5 |
|---|
Customer Support 10% weight | 4.1 / 5▲ | 3.9 / 5 |
|---|
| Founded | 2016 | 1999 |
|---|
| Headquarters | Sydney, Australia | Birkirkara, Malta |
|---|
| Min Deposit | $100 | $5▼ lower |
|---|
| Spreads From | 0 pips▼ lower | 0.5 pips |
|---|
| Commission / lot | $8/lot | N/A |
|---|
| 0.8 pips | N/A |
| Max Leverage | 500:1▲ higher | 1,000:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit card | Bank transferCredit cardDebit cardSkrillNetellerFasaPayCrypto |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transferCredit cardSkrillNetellerFasaPayCrypto |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC VFSC | FSC BVI LFSA MFSA VFSC |
|---|
| Platforms | cTrader MetaTrader 5 MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile DXtrade |
|---|
| Active bonuses |
|---|
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
Synthetic indices trade 24/7, unique offering unavailable at mainstream brokers
Very low $5 minimum deposit
Multi-platform: DTrader, MT5, Deriv X, SmartTrader
MFSA (Malta/EU) licensing for European clients
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
Proprietary trading platform available
Transparent pricing with clear cost disclosure
24/5 live chat support
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
Synthetic indices are proprietary instruments, not conventional regulated assets
Regulatory quality varies significantly by entity (MFSA vs VFSC/FSC BVI)
Customer support can be slow during peak periods
No top-tier regulatory licence
No investor compensation scheme
No raw spread account option
Limited charting capabilities
No phone support
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
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