Find out which broker best suits your trader profile.
Choose if…
Choose Blueberry Markets if you want MT4/MT5 and cTrader with raw spreads and low commissions.
Choose if…
Choose Plus500 if you prefer a proprietary platform with zero commissions and broad regulator coverage.
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 0.60 pips for Plus500, reducing trading costs.
| Editorial score | 4.3/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 4.2 / 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 | Plus500 |
|---|---|---|
| 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 | 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 |
The scores are close: Blueberry Markets rates 4.3/5 and Plus500 rates 4/5. 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 Plus500's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Both Blueberry Markets and Plus500 require a minimum deposit of $100 to open a live trading account.
Both Blueberry Markets and Plus500 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, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
Blueberry Markets lists maximum leverage of 500:1, while Plus500 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 Plus500 are not currently available. Check their website for up-to-date pricing.
Blueberry Markets supports cTrader, MetaTrader 5, MetaTrader 4, while Plus500 supports Proprietary Web/Mobile. Blueberry Markets has exclusive access to cTrader and MetaTrader 5 and MetaTrader 4. Plus500 has exclusive access to Proprietary Web/Mobile.
Plus500 wins for safety and regulation due to FCA/CySEC/MAS oversight and investor compensation coverage.
Blueberry Markets wins for active traders with MT4/MT5 and ECN raw spreads.
Blueberry Markets is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
Blueberry Markets wins for platform choice with MT4/MT5 and cTrader.
Plus500 wins for beginners with an intuitive proprietary platform.
Plus500 wins for instrument variety with 2000 available instruments.
Fees & Spreads 30% weight | 4.3 / 5▲ | 4.0 / 5 |
|---|
Platforms & Tools 20% weight | 4.4 / 5▲ | 3.7 / 5 |
|---|
Customer Support 10% weight | 4.1 / 5▲ | 3.9 / 5 |
|---|
| Founded | 2016 | 2008 |
|---|
| Headquarters | Sydney, Australia | Haifa, Israel |
|---|
| Min Deposit | $100 | $100 |
|---|
| Spreads From | 0 pips▼ lower | 0.6 pips |
|---|
| Commission / lot | $8/lot | N/A |
|---|
| 0.8 pips | N/A |
| Max Leverage | 500:1▲ higher | 30:1 |
|---|
| Inactivity Fee | None | $10/month (after 3 months) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit card | Bank transferCredit cardDebit cardPayPalSkrillApple Pay |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transferCredit cardPayPalSkrill |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC VFSC | FCA MAS ASIC CySEC CMA |
|---|
| Platforms | cTrader MetaTrader 5 MetaTrader 4 | Proprietary Web/Mobile |
|---|
| 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
LSE-listed providing strong institutional credibility
Zero commission on all trades
Intuitive proprietary platform with a clean mobile app
Negative balance protection across all accounts
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
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
Cons
No MT4 or MT5 support
Limited research tools and market analysis
US residents not accepted
No copy trading
No raw spread account option
Inactivity fee applies
Blueberry Markets and Plus500 face off in a clash of execution versus simplicity. The comparison weighs regulation, costs, and platform choice across a varied instrument set.
Blueberry Markets edges Plus500 on the editorial score. The lead comes from stronger regulation and broader platform availability (MT4/MT5/cTrader versus Plus500's proprietary platform).
Investor compensation scheme coverage
No deposit fees
Transparent pricing with clear cost disclosure
24/5 live chat support
Multilingual customer support
No phone support
Support available in limited languages
No MetaTrader support
Limited charting capabilities
No phone support
Dig deeper into each broker’s features, fees, and regulation.
Score 4.3 / 5
Score 4 / 5
Personalised recommendation
Answer 6 quick questions and we’ll match you with the brokers that best fit your trading style, experience level, and country.
