Blueberry Funded — Verified Deal (Apr 2026)
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About Blueberry Funded
Blueberry Funded is a broker-backed proprietary trading firm launched in 2024 by Blueberry Markets, an ASIC-regulated Australian broker with over 8 years in the industry. Registered as Blueberry Markets (SVG) LLC under VFSC (Company No. 700697) in St. Vincent and the Grenadines, the firm leverages its parent company's institutional-grade infrastructure to offer traders funded accounts scaling up to $2 million. With support for MT4, MT5, TradeLocker, and DXTrade, Blueberry Funded provides exceptional platform flexibility. The firm stands out with 7 distinct program types covering forex, stocks, crypto, synthetics, and indices — one of the broadest asset selections in the prop firm space. Entry starts from just $25 for a Synthetic $5K account, making it one of the most accessible funded trading platforms available. The firm has already onboarded over 50,000 traders globally and maintains over 15,000 active funded traders, with $7M+ in total payouts distributed. Raw spreads from 0.1 pips with $7 commission per lot and what they claim are the industry's smallest XAU/USD spreads position Blueberry Funded as a serious contender for traders who value execution quality. No consistency rule is enforced, giving traders freedom to adapt their strategies without artificial constraints.
Broker-backed prop firm by ASIC-regulated Blueberry Markets. 7 program types, 4 platforms, $2M scaling, entries from $25.
Blueberry Funded is a forex prop trading firm that provides traders with funded accounts up to $2000K. Traders keep up to 90% of their profits while trading with the firm's capital, making it an attractive option for both beginners and experienced traders looking to scale their operations without risking personal funds.
Blueberry Funded partners with Blueberry Markets as their brokerage provider, offering competitive spreads and reliable execution for all supported instruments.
Challenge Pricing — Blueberry Funded
Compare all Blueberry Funded challenge account sizes and pricing options below.
Instant Lite
| Account Size | Original Price |
|---|---|
| $1K | $37 |
| $3K | $56 |
| $5K | $83 |
| $10K | $125 |
| $25K | $188 |
| $50K | $375 |
| $100K | $750 |
Prime 2-Step
| Account Size | Original Price |
|---|---|
| $3K | $30 |
| $5K | $55 |
| $10K | $90 |
| $25K | $165 |
| $50K | $325 |
| $100K | $650 |
| $200K | $1,170 |
Instant Elite
| Account Size | Original Price |
|---|---|
| $3K | $100 |
| $5K | $200 |
| $10K | $400 |
| $25K | $800 |
| $50K | $1,500 |
1-Step
| Account Size | Original Price |
|---|---|
| $5K | $40 |
| $10K | $75 |
| $25K | $150 |
| $50K | $275 |
| $100K | $550 |
| $200K | $1,100 |
2-Step
| Account Size | Original Price |
|---|---|
| $5K | $35 |
| $10K | $60 |
| $25K | $125 |
| $50K | $250 |
| $100K | $500 |
| $200K | $1,000 |
Stock Challenge
| Account Size | Original Price |
|---|---|
| $5K | $33 |
| $10K | $65 |
| $25K | $170 |
| $50K | $325 |
| $100K | $650 |
Synthetic Challenge
| Account Size | Original Price |
|---|---|
| $5K | $25 |
| $10K | $50 |
| $25K | $170 |
| $50K | $350 |
| $100K | $700 |
Rapid 7-Day
| Account Size | Original Price |
|---|---|
| $10K | $50 |
| $25K | $100 |
| $50K | $200 |
| $100K | $300 |
Trading Rules — Blueberry Funded
Allowed Trading Strategies — Blueberry Funded
Trading Platforms — Blueberry Funded
Blueberry Funded supports 4 trading platforms, giving you flexibility to trade on the platform you are most comfortable with.
Payout Information — Blueberry Funded
Scaling Program — Blueberry Funded
Blueberry Funded offers a scaling program that allows successful traders to increase their account size over time, potentially reaching up to $2000K in funded capital. As you demonstrate consistent profitability, your allocation grows automatically.
Key Details
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Blueberry Funded Complete Guide 2026 — Overview
Blueberry Funded is a relatively new proprietary trading firm, established in 2026, that aims to provide traders with the capital and resources needed to succeed in the financial markets. Backed by Blueberry Markets, an ASIC-regulated Australian broker with over 8 years of experience, Blueberry Funded offers a range of funding programs designed to cater to various trading styles and risk appetites. The firm is registered as Blueberry Markets (SVG) LLC under VFSC (Company No. 700697) in St. Vincent and the Grenadines. Blueberry Funded distinguishes itself by offering a substantial maximum allocation of up to $2,000,000 to successful traders, coupled with a competitive profit split of up to 90%. This combination of significant capital and favorable profit-sharing makes Blueberry Funded an attractive option for experienced traders seeking to scale their operations.
The firm supports a diverse range of trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5), as well as TradeLocker and DXTrade, providing traders with flexibility in their platform choices. Blueberry Funded also boasts a wide array of tradable instruments, encompassing forex, stocks, crypto, synthetics, and indices, allowing traders to diversify their portfolios and capitalize on various market opportunities. With challenge entry prices starting from as low as $25 for a Synthetic $5,000 account, Blueberry Funded aims to be accessible to traders with varying levels of capital.
Blueberry Funded emphasizes a trader-friendly environment by allowing a wide range of trading strategies, including scalping, the use of trading bots/EAs, news trading, weekend holding, hedging, and copy trading. However, High-Frequency Trading (HFT) is not allowed. This flexibility empowers traders to implement their preferred strategies without unnecessary restrictions. The firm also offers a scaling program, enabling traders to progressively increase their allocated capital as they demonstrate consistent profitability. Payouts are processed bi-weekly via Crypto and RiseWorks, with the first payout occurring after 14 days.
According to the firm, they have onboarded over 50,000 traders globally and maintain over 15,000 active funded traders, with over $7M in total payouts distributed. Blueberry Funded also claims raw spreads from 0.1 pips with a $7 commission per lot and the industry's smallest XAU/USD spreads. The absence of a consistency rule further enhances the firm's appeal, allowing traders to adapt their strategies without artificial constraints. With live chat support available, Blueberry Funded aims to provide traders with the assistance they need to navigate the challenges of prop trading.
Company Background — History, Founding, Headquarters, Leadership
Blueberry Funded is a relatively new player in the proprietary trading firm landscape, having been founded in 2026. Despite its recent establishment, the firm benefits from the backing and expertise of its parent company, Blueberry Markets, an ASIC-regulated Australian broker with over 8 years of experience in the financial industry. This connection provides Blueberry Funded with a solid foundation and access to institutional-grade infrastructure.
The firm's CEO is Marcus Fetherston. The registration details show that Blueberry Funded operates as Blueberry Markets (SVG) LLC, registered under VFSC (Company No. 700697) in St. Vincent and the Grenadines. This location is a common choice for forex brokers and prop firms due to its regulatory environment. While the parent company, Blueberry Markets, is regulated by the Australian Securities and Investments Commission (ASIC), Blueberry Funded itself operates under the regulatory framework of St. Vincent and the Grenadines.
The decision to establish Blueberry Funded as a separate entity in St. Vincent and the Grenadines likely stems from a desire to offer a wider range of services and trading conditions than might be permissible under ASIC regulation. This allows Blueberry Funded to offer higher leverage, a wider range of tradable instruments, and more flexible trading rules to its clients.
Blueberry Markets' experience in the brokerage industry likely plays a significant role in shaping Blueberry Funded's operational practices and risk management strategies. The firm's access to Blueberry Markets' technology infrastructure and market expertise provides a competitive advantage in the prop trading space. The stated goal of Blueberry Funded is to provide traders with the capital and resources they need to succeed in the financial markets. By leveraging its parent company's experience and infrastructure, Blueberry Funded aims to offer a comprehensive and supportive environment for traders of all skill levels. The firm's commitment to providing a wide range of trading platforms, flexible trading rules, and a generous profit split reflects its dedication to empowering traders to achieve their financial goals.
The fact that Blueberry Funded is backed by an ASIC-regulated broker adds a layer of credibility to the firm. While Blueberry Funded itself is not directly regulated by ASIC, the association with a regulated entity provides traders with a degree of assurance regarding the firm's financial stability and operational integrity.
How Blueberry Funded Works — Evaluation Process, Steps, What to Expect
Blueberry Funded offers a variety of challenge options designed to evaluate a trader's skills and risk management abilities. The evaluation process varies depending on the specific challenge chosen, with options ranging from instant funding to one-step and two-step evaluations. The core concept remains the same: traders must demonstrate their ability to generate profits while adhering to specific risk parameters.
Instant Funding:The Instant Funding challenges offer immediate access to a funded account without the need to pass through a traditional evaluation phase. These challenges typically have lower profit targets (0.0% in Phase 1) and stricter risk management rules, such as lower daily loss limits. The Instant Elite and Instant Lite challenges fall under this category. Traders are expected to manage risk effectively from the outset.
One-Step Evaluation:The One-Step evaluation process requires traders to pass a single phase to qualify for a funded account. In this phase, traders must achieve a specified profit target while adhering to the daily loss limit and maximum loss parameters. These challenges generally offer a balance between risk and reward, providing traders with a reasonable opportunity to demonstrate their skills. The 1-Step and Rapid 7-Day challenges fall under this category.
Two-Step Evaluation:The Two-Step evaluation process involves two distinct phases, each with its own profit target and risk management rules. In Phase 1, traders must achieve a specified profit target while adhering to the daily loss limit and maximum loss parameters. Upon successfully completing Phase 1, traders advance to Phase 2, where they must achieve a second profit target while continuing to adhere to the risk management rules. The 2-Step, Prime 2-Step, Stock Challenge, and Synthetic Challenge fall under this category. This type of evaluation is designed to assess a trader's consistency and ability to maintain profitability over an extended period.
General Expectations:Regardless of the challenge type, traders are expected to demonstrate consistent profitability and effective risk management. The specific rules and parameters vary depending on the challenge chosen, but the underlying principle remains the same: traders must prove their ability to generate profits while protecting capital.
Key Metrics:- Profit Target: The percentage of the account balance that traders must achieve to pass each phase of the evaluation.
- Daily Loss Limit: The maximum amount that traders can lose in a single trading day.
- Maximum Loss: The maximum total loss that traders can incur on the account.
- Minimum Trading Days: The minimum number of days that traders must trade to complete the evaluation.
- Realistic Goals: The profit targets and risk management rules are designed to be challenging but achievable for skilled traders.
- Fair Evaluation: The evaluation process is designed to assess a trader's skills and risk management abilities in a fair and objective manner.
- Support and Guidance: Blueberry Funded provides traders with access to live chat support to assist them with any questions or issues they may encounter during the evaluation process.
- Funded Account: Upon successfully completing the evaluation process, traders are granted access to a funded account with a specified allocation of capital.
By offering a variety of challenge options and providing traders with the support and resources they need to succeed, Blueberry Funded aims to create a level playing field for traders of all skill levels. The evaluation process is designed to identify talented traders who can generate consistent profits while adhering to sound risk management principles.
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Challenge Options and Pricing — Detailed Breakdown
Blueberry Funded offers a diverse range of challenge options to cater to different trading styles, risk appetites, and capital levels. Each challenge has its own unique set of parameters, including the account size, price, evaluation steps, profit targets, risk management rules, and profit split. Here's a detailed breakdown of each challenge:
| Challenge Name | Account Size | Price | Evaluation Steps | Phase 1 Target | Phase 2 Target | Daily Loss | Max Loss | Profit Split |
| Instant Lite | $1,250 | $37.0 | Instant | 0.0% | N/A% | 2.0% | 4.0% | 80.0% |
| Prime 2-Step | $2,500 | $30.0 | 2-Step | 8.0% | 6.0% | 4.0% | 10.0% | 80.0% |
| Instant Elite | $2,500 | $100.0 | Instant | 0.0% | N/A% | 0.0% | 10.0% | 80.0% |
| Instant Lite | $2,500 | $56.0 | Instant | 0.0% | N/A% | 2.0% | 4.0% | 80.0% |
| 1-Step | $5,000 | $40.0 | 1-Step | 10.0% | N/A% | 4.0% | 6.0% | 80.0% |
| 2-Step | $5,000 | $35.0 | 2-Step | 10.0% | 5.0% | 5.0% | 10.0% | 80.0% |
| Prime 2-Step | $5,000 | $55.0 | 2-Step | 8.0% | 6.0% | 4.0% | 10.0% | 80.0% |
| Stock Challenge | $5,000 | $32.5 | 2-Step | 10.0% | 6.0% | 4.0% | 8.0% | 80.0% |
| Synthetic Challenge | $5,000 | $25.0 | 2-Step | 10.0% | 5.0% | 4.0% | 10.0% | 80.0% |
| Instant Elite | $5,000 | $200.0 | Instant | 0.0% | N/A% | 0.0% | 10.0% | 80.0% |
| Instant Lite | $5,000 | $83.0 | Instant | 0.0% | N/A% | 2.0% | 4.0% | 80.0% |
| 1-Step | $10,000 | $75.0 | 1-Step | 10.0% | N/A% | 4.0% | 6.0% | 80.0% |
| 2-Step | $10,000 | $60.0 | 2-Step | 10.0% | 5.0% | 5.0% | 10.0% | 80.0% |
| Prime 2-Step | $10,000 | $90.0 | 2-Step | 8.0% | 6.0% | 4.0% | 10.0% | 80.0% |
| Rapid 7-Day | $10,000 | $50.0 | 1-Step | 5.0% | N/A% | 3.0% | 4.0% | 80.0% |
| Stock Challenge | $10,000 | $65.0 | 2-Step | 10.0% | 6.0% | 4.0% | 8.0% | 80.0% |
| Synthetic Challenge | $10,000 | $50.0 | 2-Step | 10.0% | 5.0% | 4.0% | 10.0% | 80.0% |
| Instant Elite | $10,000 | $400.0 | Instant | 0.0% | N/A% | 0.0% | 10.0% | 80.0% |
| Instant Lite | $10,000 | $125.0 | Instant | 0.0% | N/A% | 2.0% | 4.0% | 80.0% |
| 1-Step | $25,000 | $150.0 | 1-Step | 10.0% | N/A% | 4.0% | 6.0% | 80.0% |
| 2-Step | $25,000 | $125.0 | 2-Step | 10.0% | 5.0% | 5.0% | 10.0% | 80.0% |
| Prime 2-Step | $25,000 | $165.0 | 2-Step | 8.0% | 6.0% | 4.0% | 10.0% | 80.0% |
| Rapid 7-Day | $25,000 | $100.0 | 1-Step | 5.0% | N/A% | 3.0% | 4.0% | 80.0% |
| Stock Challenge | $25,000 | $170.0 | 2-Step | 10.0% | 6.0% | 4.0% | 8.0% | 80.0% |
| Synthetic Challenge | $25,000 | $170.0 | 2-Step | 10.0% | 5.0% | 4.0% | 10.0% | 80.0% |
| Instant Elite | $25,000 | $800.0 | Instant | 0.0% | N/A% | 0.0% | 10.0% | 80.0% |
| Instant Lite | $25,000 | $188.0 | Instant | 0.0% | N/A% | 2.0% | 4.0% | 80.0% |
| 1-Step | $50,000 | $275.0 | 1-Step | 10.0% | N/A% | 4.0% | 6.0% | 80.0% |
| 2-Step | $50,000 | $250.0 | 2-Step | 10.0% | 5.0% | 5.0% | 10.0% | 80.0% |
| Prime 2-Step | $50,000 | $325.0 | 2-Step | 8.0% | 6.0% | 4.0% | 10.0% | 80.0% |
| Rapid 7-Day | $50,000 | $200.0 | 1-Step | 5.0% | N/A% | 3.0% | 4.0% | 80.0% |
| Stock Challenge | $50,000 | $325.0 | 2-Step | 10.0% | 6.0% | 4.0% | 8.0% | 80.0% |
| Synthetic Challenge | $50,000 | $350.0 | 2-Step | 10.0% | 5.0% | 4.0% | 10.0% | 80.0% |
| Instant Elite | $50,000 | $1500.0 | Instant | 0.0% | N/A% | 0.0% | 10.0% | 80.0% |
| Instant Lite | $50,000 | $375.0 | Instant | 0.0% | N/A% | 2.0% | 4.0% | 80.0% |
| 1-Step | $100,000 | $550.0 | 1-Step | 10.0% | N/A% | 4.0% | 6.0% | 80.0% |
| 2-Step | $100,000 | $500.0 | 2-Step | 10.0% | 5.0% | 5.0% | 10.0% | 80.0% |
| Prime 2-Step | $100,000 | $650.0 | 2-Step | 8.0% | 6.0% | 4.0% | 10.0% | 80.0% |
| Rapid 7-Day | $100,000 | $300.0 | 1-Step | 5.0% | N/A% | 3.0% | 4.0% | 80.0% |
| Stock Challenge | $100,000 | $650.0 | 2-Step | 10.0% | 6.0% | 4.0% | 8.0% | 80.0% |
| Synthetic Challenge | $100,000 | $700.0 | 2-Step | 10.0% | 5.0% | 4.0% | 10.0% | 80.0% |
| Instant Lite | $100,000 | $750.0 | Instant | 0.0% | N/A% | 2.0% | 4.0% | 80.0% |
| 1-Step | $200,000 | $1100.0 | 1-Step | 10.0% | N/A% | 4.0% | 6.0% | 80.0% |
| 2-Step | $200,000 | $1000.0 | 2-Step | 10.0% | 5.0% | 5.0% | 10.0% | 80.0% |
| Prime 2-Step | $200,000 | $1170.0 | 2-Step | 8.0% | 6.0% | 4.0% | 10.0% | 80.0% |
- Account Sizes: Blueberry Funded offers account sizes ranging from $1,250 to $200,000, catering to traders with varying capital requirements.
- Pricing: The price of each challenge varies depending on the account size and evaluation steps, ranging from $25 to $1500.
- Evaluation Steps: Blueberry Funded offers instant, one-step, and two-step evaluation processes, providing traders with flexibility in their approach.
- Profit Targets: Profit targets vary depending on the challenge type and phase, ranging from 0.0% to 10.0%.
- Risk Management: Daily loss limits range from 0.0% to 5.0%, while maximum loss limits range from 4.0% to 10.0%, emphasizing the importance of risk management.
- Profit Split: All challenges offer an 80.0% profit split, except for the Instant Lite challenges, which also offer an 80.0% profit split.
- Challenge Types: Blueberry Funded offers standard challenges (1-Step, 2-Step), as well as specialized challenges like Prime 2-Step, Stock Challenge, Synthetic Challenge, Rapid 7-Day, Instant Elite and Instant Lite.
- Instant Lite: These challenges offer instant funding with lower daily loss limits and a 4.0% maximum loss. The Phase 1 target is 0.0%.
- Instant Elite: These challenges offer instant funding with a 0.0% daily loss limit and a 10.0% maximum loss. The Phase 1 target is 0.0%.
- Prime 2-Step: These challenges follow a two-step evaluation process with Phase 1 and Phase 2 profit targets of 8.0% and 6.0%, respectively. The daily loss limit is 4.0%, and the maximum loss is 10.0%.
- 1-Step: These challenges require traders to pass a single phase with a 10.0% profit target. The daily loss limit is 4.0%, and the maximum loss is 6.0%.
- 2-Step: These challenges follow a two-step evaluation process with Phase 1 and Phase 2 profit targets of 10.0% and 5.0%, respectively. The daily loss limit is 5.0%, and the maximum loss is 10.0%.
- Rapid 7-Day: These challenges require traders to pass a single phase within 7 days with a 5.0% profit target. The daily loss limit is 3.0%, and the maximum loss is 4.0%.
- Stock Challenge: These challenges follow a two-step evaluation process with Phase 1 and Phase 2 profit targets of 10.0% and 6.0%, respectively. The daily loss limit is 4.0%, and the maximum loss is 8.0%.
- Synthetic Challenge: These challenges follow a two-step evaluation process with Phase 1 and Phase 2 profit targets of 10.0% and 5.0%, respectively. The daily loss limit is 4.0%, and the maximum loss is 10.0%.
Trading Rules and Risk Management — Daily Loss, Max Loss, Drawdown Type, Min Trading Days
Blueberry Funded places a strong emphasis on risk management, implementing a set of trading rules designed to protect both the firm's capital and the trader's account. These rules govern key aspects of trading, including daily loss limits, maximum loss limits, drawdown type, and minimum trading days.
Daily Loss Limit:The daily loss limit represents the maximum amount that a trader can lose in a single trading day. This limit is expressed as a percentage of the initial account balance. The daily loss limits vary depending on the specific challenge chosen, ranging from 0.0% to 5.0%.
- 0.0% Daily Loss Limit: The Instant Elite challenges have a 0.0% daily loss limit, meaning that traders cannot incur any losses in a single trading day.
- 2.0% Daily Loss Limit: The Instant Lite challenges have a 2.0% daily loss limit.
- 3.0% Daily Loss Limit: The Rapid 7-Day challenges have a 3.0% daily loss limit.
- 4.0% Daily Loss Limit: Most challenges, including the Prime 2-Step, 1-Step, Stock Challenge, and Synthetic Challenge, have a 4.0% daily loss limit.
- 5.0% Daily Loss Limit: The 2-Step challenges have a 5.0% daily loss limit.
Exceeding the daily loss limit will result in the termination of the challenge or funded account.
Maximum Loss:The maximum loss represents the total amount that a trader can lose on the account. This limit is also expressed as a percentage of the initial account balance. The maximum loss limits vary depending on the specific challenge chosen, ranging from 4.0% to 10.0%.
- 4.0% Maximum Loss: The Instant Lite and Rapid 7-Day challenges have a 4.0% maximum loss.
- 6.0% Maximum Loss: The 1-Step challenges have a 6.0% maximum loss.
- 8.0% Maximum Loss: The Stock Challenge has an 8.0% maximum loss.
- 10.0% Maximum Loss: The Prime 2-Step, 2-Step, Synthetic Challenge, and Instant Elite challenges have a 10.0% maximum loss.
Exceeding the maximum loss limit will result in the termination of the challenge or funded account.
Drawdown Type:Blueberry Funded utilizes a static drawdown type. This means that the drawdown is calculated based on the initial account balance and does not fluctuate with the account's profit or loss. This provides traders with a clear and consistent understanding of their risk exposure.
Minimum Trading Days:Traders are required to trade for a minimum of 3 days. This requirement ensures that traders actively engage with the market and demonstrate their trading skills over a period of time.
Importance of Risk Management:Blueberry Funded's emphasis on risk management is designed to protect both the firm's capital and the trader's account. By adhering to the daily loss limit and maximum loss parameters, traders can minimize their risk exposure and increase their chances of long-term success. The static drawdown type provides traders with a clear and consistent understanding of their risk exposure, allowing them to make informed trading decisions. The minimum trading days requirement encourages traders to actively engage with the market and demonstrate their trading skills over a period of time.
Profit Split and Payouts — Split Percentage, Frequency, Methods, First Payout Timeline
Blueberry Funded offers a competitive profit split and a structured payout system designed to reward successful traders. The profit split, payout frequency, payout methods, and first payout timeline are key aspects of the firm's compensation structure.
Profit Split:Blueberry Funded offers a profit split of up to 90%. The standard profit split for most challenges is 80.0%. This means that traders retain 80% of the profits they generate on the funded account, while Blueberry Funded receives the remaining 20%. The 90% profit split is the maximum allocation.
Payout Frequency:Payouts are processed bi-weekly. This means that traders receive their share of the profits every two weeks. This frequent payout schedule provides traders with a consistent stream of income and allows them to reinvest their earnings or withdraw them as needed.
Payout Methods:Blueberry Funded offers two payout methods:
- Crypto: Traders can receive their payouts in various cryptocurrencies. This provides a fast, secure, and convenient way to receive funds.
- RiseWorks: RiseWorks is a platform that facilitates international payments. This option is suitable for traders who prefer to receive their payouts in fiat currencies.
The first payout is processed 14 days after the trader becomes funded. This waiting period allows Blueberry Funded to verify the trader's account and ensure compliance with all trading rules and regulations. After the first payout, subsequent payouts are processed bi-weekly.
Key Considerations:- Profitability: Traders must generate profits on their funded account to be eligible for payouts.
- Compliance: Traders must comply with all trading rules and regulations to receive payouts.
- Verification: Traders may be required to verify their account information before receiving their first payout.
Blueberry Funded's profit split and payout system are designed to incentivize traders to generate consistent profits while adhering to sound risk management principles. The competitive profit split, frequent payout schedule, and diverse payout methods make Blueberry Funded an attractive option for experienced traders seeking to maximize their earnings potential.
Trading Platforms and Tools — Each Platform Explained, Broker Relationship
Blueberry Funded provides traders with access to a range of popular and versatile trading platforms, catering to different preferences and trading styles. The available platforms include MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradeLocker, and DXTrade. These platforms are provided through Blueberry Markets, the firm's parent broker.
MetaTrader 4 (MT4):MetaTrader 4 is a widely used and highly regarded trading platform known for its user-friendly interface, extensive charting capabilities, and support for automated trading through Expert Advisors (EAs). MT4 is particularly popular among forex traders due to its comprehensive suite of tools and indicators specifically designed for analyzing currency pairs.
- Key Features:
* User-friendly interface
* Advanced charting tools
* Support for Expert Advisors (EAs)
* Wide range of technical indicators
* Customizable platform
* Mobile trading apps
MetaTrader 5 (MT5):MetaTrader 5 is the successor to MT4, offering enhanced features and capabilities. MT5 supports a wider range of asset classes, including stocks, futures, and options, in addition to forex. The platform also boasts improved charting tools, order execution capabilities, and a more advanced programming language for developing custom indicators and EAs.
- Key Features:
* Support for multiple asset classes
* Advanced charting tools
* Improved order execution
* Enhanced programming language (MQL5)
* Economic calendar
* Mobile trading apps
TradeLocker:TradeLocker is a relatively new trading platform that offers a modern and intuitive interface. It focuses on social trading features, allowing traders to connect with and learn from other traders. TradeLocker also provides advanced charting tools and risk management features.
- Key Features:
* Modern and intuitive interface
* Social trading features
* Advanced charting tools
* Risk management features
* Mobile trading apps
DXTrade:DXTrade is a multi-asset trading platform designed for both retail and institutional traders. It offers a customizable interface, advanced charting tools, and a wide range of order types. DXTrade also supports FIX API connectivity for algorithmic trading.
- Key Features:
* Customizable interface
* Advanced charting tools
* Wide range of order types
* FIX API connectivity
* Risk management features
Broker Relationship:Blueberry Funded's trading platforms are provided through Blueberry Markets, its parent broker. This relationship ensures that traders have access to reliable and stable trading infrastructure. Blueberry Markets is an ASIC-regulated Australian broker, providing a degree of assurance regarding the firm's financial stability and operational integrity.
Platform Choice:The availability of multiple trading platforms allows traders to choose the platform that best suits their individual needs and preferences. Traders can select the platform that offers the features, tools, and interface that they are most comfortable with.
Allowed Trading Strategies — Detailed Section on Each Strategy
Blueberry Funded allows a wide range of trading strategies, providing traders with the flexibility to implement their preferred approaches. The firm explicitly allows scalping, the use of trading bots/EAs, news trading, weekend holding, hedging, and copy trading. However, High-Frequency Trading (HFT) is not allowed.
Scalping:Scalping is a trading strategy that involves entering and exiting trades within a very short timeframe, typically seconds or minutes, to capture small profits from minor price fluctuations. Blueberry Funded explicitly allows scalping, enabling traders to utilize this high-frequency strategy.
Trading Bots/EAs:Trading bots, also known as Expert Advisors (EAs), are automated trading programs that execute trades based on pre-defined rules and algorithms. Blueberry Funded allows the use of trading bots/EAs, providing traders with the ability to automate their trading strategies and potentially improve their efficiency.
News Trading:News trading involves capitalizing on the price volatility that often occurs around the release of economic news announcements or other market-moving events. Blueberry Funded allows news trading, enabling traders to take advantage of these opportunities.
Weekend Holding:Weekend holding refers to the practice of holding trades open over the weekend, when the markets are closed. Blueberry Funded allows weekend holding, providing traders with the flexibility to maintain their positions over the weekend if they believe it is advantageous.
Hedging:Hedging is a risk management strategy that involves taking offsetting positions in related assets to reduce potential losses. Blueberry Funded allows hedging, enabling traders to protect their portfolios from adverse price movements.
Copy Trading:Copy trading involves automatically replicating the trades of another trader. Blueberry Funded allows copy trading, providing traders with the opportunity to learn from and potentially profit from the strategies of more experienced traders.
High-Frequency Trading (HFT):High-Frequency Trading (HFT) is a type of algorithmic trading characterized by extremely high speeds, high turnover rates, and the use of sophisticated technology to gain a competitive advantage. Blueberry Funded does NOT allow HFT.
Key Considerations:- Strategy Compatibility: Traders should ensure that their chosen trading strategy is compatible with the trading platform and the firm's rules and regulations.
- Risk Management: Regardless of the trading strategy employed, traders should always prioritize risk management to protect their capital.
By allowing a wide range of trading strategies, Blueberry Funded aims to provide traders with the flexibility to implement their preferred approaches and maximize their potential for success. The firm's explicit allowance of scalping, trading bots/EAs, news trading, weekend holding, hedging, and copy trading reflects its commitment to empowering traders to utilize a variety of techniques. The prohibition of HFT suggests a focus on strategies that are more sustainable and less reliant on exploiting fleeting market inefficiencies.
Scaling Program — If Available, Explain How It Works
Blueberry Funded offers a scaling program designed to reward consistent profitability and responsible risk management. The specifics of the scaling program are not detailed in the provided data, but the existence of the program itself is confirmed.
General Principles of Scaling Programs:While the exact details of Blueberry Funded's scaling program are unavailable, scaling programs in the prop trading industry typically operate on the following principles:
- Profitability Threshold: Traders must achieve a certain level of profitability to be eligible for scaling. This threshold is often expressed as a percentage of the account balance.
- Consistency: Traders must demonstrate consistent profitability over a period of time to qualify for scaling.
- Risk Management: Traders must adhere to the firm's risk management rules to be eligible for scaling.
- Account Increase: Upon meeting the scaling criteria, traders are granted an increase in their account balance.
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