A head-to-head comparison of Blueberry Markets and Libertex across regulation, trading costs, platforms, and editorial scoring.
Pure 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.
Long operational history since 1997, zero spread commission model, and very low $10 minimum deposit - though limited to CySEC regulation and restricted markets.
Blueberry Markets edges ahead with a score of 4.3/5 vs Libertex's 3.9/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Both brokers offer spreads from 0 pips.
Both brokers show an equally strong safety profile across regulation, fund protection, and client safeguards.
Blueberry Markets has a cost edge: raw/ECN spreads.
Libertex offers more exclusive platform options: Proprietary Web/Mobile, a proprietary platform.
Blueberry Markets edges out Libertex with a higher editorial score (4.3/5 vs 3.9/5), indicating a stronger overall experience for new traders.
| Editorial score | 4.3/ 5 | 3.9/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 3.8 / 5 |
Fees & Spreads 30% weight | 4.3 / 5▲ | 4.0 / 5 |
Platforms & Tools 20% weight | 4.4 / 5▲ | 3.9 / 5 |
Customer Support 10% weight | 4.1 / 5▲ | 3.8 / 5 |
| Founded | 2016 | 1997 |
| Headquarters | Sydney, Australia | Limassol, Cyprus |
| Min deposit | $100 | $10 |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $8/lot | N/A |
| Max leverage | 500:1 | 999:1 |
| Withdrawal fee | Free | Free |
| Regulators | ASIC VFSC | CySEC |
| Platforms | MetaTrader 4 MetaTrader 5 cTrader | MetaTrader 4 MetaTrader 5 Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit Blueberry Markets | Visit Libertex |
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
Very low $10 minimum deposit
Zero spread commission model - transparent cost per trade
Long operational history since 1997
MT4, MT5, and proprietary Libertex platform
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
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
Only CySEC regulated - limited jurisdiction coverage
Commission multiplier model can be confusing for new traders
Not available in many major English-speaking markets
No top-tier regulatory licence
No raw spread account option
Inactivity fee applies
Limited charting capabilities
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Blueberry Markets | Libertex |
|---|---|---|
| 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 | 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 | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Fail | Pass |
Based on our independent editorial scoring, Blueberry Markets ranks higher with a score of 4.3/5 vs 3.9/5 for Libertex. The best choice still depends on your individual trading needs; Blueberry Markets and Libertex may each suit different trader profiles.
Both Blueberry Markets and Libertex offer spreads starting from 0 pips, making them equivalent on this metric. Consider commissions and account types when evaluating total trading costs.
Libertex has a lower minimum deposit of $10, while Blueberry Markets requires at least $100. This makes Libertex more accessible for traders with limited starting capital.
Blueberry Markets holds top-tier regulation (ASIC, VFSC), providing stronger investor protections. Libertex may be regulated but does not hold top-tier status in our data. Always verify regulatory status with the broker directly before depositing funds.
For beginners: Libertex has a lower minimum deposit ($10), 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 Libertex offers up to 999:1. 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 Libertex offers MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile; both support MetaTrader 4, MetaTrader 5; Blueberry Markets exclusively offers cTrader; Libertex exclusively offers Proprietary Web/Mobile.
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