Blueberry Markets vs eToro Forex Broker Comparison
A head-to-head comparison of Blueberry Markets and eToro 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
Best-in-class social and copy trading on a clean proprietary web/mobile platform. FCA / CySEC / ASIC regulated.
Our Verdict
Too close to call0.1 pts apart
Blueberry Markets and eToro are extremely closely matched with scores of 4.3/5 and 4.2/5. The right choice depends on your individual trading priorities.
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 1 pips for eToro, reducing trading costs.
Best for safety & regulation
Recommended
eToro 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
It's a tie
Both equally suited
Both brokers offer an equivalent platform selection with similar exclusive and proprietary options.
Best for beginners
Recommended
Blueberry Markets edges out eToro with a higher editorial score (4.3/5 vs 4.2/5), indicating a stronger overall experience for new traders.
Blueberry Markets vs eToro: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.3/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 4.3 / 5 |
Fees & Spreads 30% weight | 4.3 / 5▲ | 3.9 / 5 |
Platforms & Tools 20% weight | 4.4 / 5 | 4.4 / 5 |
Customer Support 10% weight | 4.1 / 5 | 4.2 / 5▲ |
| Founded | 2016 | 2007 |
| Headquarters | Sydney, Australia | Tel Aviv, Israel |
| Min deposit | $100 | $50 |
| Spreads from | 0 pips | 1 pips |
| Commission / lot | $8/lot | N/A |
| Max leverage | 500:1 | 30:1 |
| Withdrawal fee | Free | USD 5 per withdrawal |
| Regulators | ASIC VFSC | FCA ASIC AMF CySEC CMVM FSRA Finansinspektionen Finanstilsynet CMA ASF FSC CNB MNB KNF Finanstilsynet HCMC MFSA FSA Seychelles |
| Platforms | MetaTrader 4 MetaTrader 5 cTrader | Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit Blueberry Markets | Visit eToro |
Blueberry Markets vs eToro 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
Social and copy trading leader
Multi-asset (stocks, crypto, FX)
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
Mobile trading app available
Proprietary trading platform available
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
Wider FX spreads
Withdrawal fee
No raw spread account option
Inactivity fee applies
No MetaTrader support
Limited charting capabilities
Pricing transparency could be improved
No phone support
Blueberry Markets vs eToro: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
5
Blueberry Markets
criteria wins
3
eToro
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Blueberry Markets | eToro |
|---|---|---|
| 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 | Fail |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| 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 |
Blueberry Markets vs eToro: Frequently Asked Questions
Based on our independent editorial scoring, Blueberry Markets ranks higher with a score of 4.3/5 vs 4.2/5 for eToro. The best choice still depends on your individual trading needs; Blueberry Markets and eToro may each suit different trader profiles.
Blueberry Markets offers tighter spreads starting from 0 pips, compared to eToro's spreads from 1 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
eToro has a lower minimum deposit of $50, while Blueberry Markets requires at least $100. This makes eToro more accessible for traders with limited starting capital.
Both Blueberry Markets and eToro 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: eToro has a lower minimum deposit ($50), 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 eToro 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 eToro offers Proprietary Web/Mobile; Blueberry Markets exclusively offers MetaTrader 4, MetaTrader 5, cTrader; eToro exclusively offers Proprietary Web/Mobile.
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Score 4.2 / 5
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