Blueberry Marketsvs
FXCMForex Broker Comparison
This matchup pits cost, regulation, and platform choices between Blueberry Markets and FXCM. Each emphasizes different strengths, setting up a decision where the axis of tension matters.
Our Verdict
Blueberry Markets winsby 0.2 pts
Blueberry Markets is the editorial winner with a higher score of 4.3 to 4.1. FXCM remains FCA- and ASIC-regulated with client funds held in segregated accounts.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Blueberry offers raw spreads from 0 pips; FXCM has no raw spread option.
- 2Blueberry provides MT4, MT5 and cTrader; FXCM has MT4 plus a proprietary Trading Station.
- 3FXCM is FCA-regulated while Blueberry uses ASIC alongside VFSC.
Who should choose Blueberry Markets vs FXCM?
Find out which broker best suits your trader profile.
Choose Blueberry Markets if…
Blueberry Markets: You get raw spreads from 0 pips with an $8/lot commission on the Direct ECN account. You can trade on MT4, MT5, and cTrader. FXCM: You benefit from strong API access (REST, FIX) and a proprietary Trading Station. Phone support is available and you have 400 instruments to trade.
Choose FXCM if…
Blueberry Markets: You get raw spreads from 0 pips with an $8/lot commission on the Direct ECN account. You can trade on MT4, MT5, and cTrader. FXCM: You benefit from strong API access (REST, FIX) and a proprietary Trading Station. Phone support is available and you have 400 instruments to trade.
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 0.40 pips for FXCM, reducing trading costs.
Best for safety & regulation
Recommended
Blueberry Markets vs FXCM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.3/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 4.1 / 5 |
Blueberry Markets vs FXCM 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 FXCM: 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
FXCM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Blueberry Markets | FXCM |
|---|---|---|
| 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 FXCM: Frequently Asked Questions
The scores are close: Blueberry Markets rates 4.3/5 and FXCM 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 FXCM's 0.4 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
FXCM has $50, while Blueberry Markets requires at least $100. This makes FXCM more accessible for traders with limited starting capital.
Both Blueberry Markets and FXCM 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: FXCM requires a lower minimum deposit ($50), 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 FXCM lists up to 400:1. 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 FXCM are not currently available. Check their website for up-to-date pricing.
Blueberry Markets supports cTrader, MetaTrader 5, MetaTrader 4, while FXCM supports ZuluTrade, Proprietary Web/Mobile, MetaTrader 4, NinjaTrader. Both provide MetaTrader 4. Blueberry Markets has exclusive access to cTrader and MetaTrader 5. FXCM has exclusive access to ZuluTrade and Proprietary Web/Mobile and NinjaTrader.
