Blueberry Markets vs TMGM

Blueberry Markets vs TMGM Comparison Table 2024
Blueberry Markets TMGM
3
3.4

Blueberry Markets is an Australian-based CFD and forex broker offering 300+ instruments on the MT4 and MT5 platforms. Account holders also get access to DupliTrade, a low-latency VPS and educational materials.

TMGM is an ASIC-regulated forex and CFD broker with a vast range of tradeable assets covering forex, stock, index, crypto and commodity markets. The account types on offer provide a flexible choice between no commission or zero spreads, with competitive pricing all-round.

Bonus Offer
Point-based loyalty system
Comment by Reviewer
"Blueberry Markets is a good option for traders familiar with MetaTrader and beginners looking to copy trade on popular financial markets." "TMGM is a great all-round choice thanks to its huge range of assets, diverse account types and platform choices, plus competitive pricing."
Pros
  • Multiple payment methods offered making the broker accessible to global traders
  • MetaTrader 4 integration through desktop software, web trader and mobile app
  • Free demo account for prospective users
  • Good execution speed reducing slippage
  • Copy trading through DupliTrade
  • Low minimum deposit of $100
  • 24/7 customer support
  • Forex VPS available
  • Huge range of assets including 10,000 global stocks
  • Well-regulated and reputable brand with a solid client base
  • Excellent platform support with MetaTrader 4, MetaTrader 5 and IRESS
  • Low trading fees with spreads from 1 pip on the classic account and from zero with $7 round-turn commissions on the raw spread account
  • Good range of rewards and bonuses offered through a points-based loyalty system
  • Accommodates new and time-poor traders with copy trading support from HUBx
  • Free VPS for automated trading
Cons
  • No proprietary trading app
  • Limited bonuses for new traders
  • Narrow selection of CFDs in some asset classes
  • Weak regulatory oversight through the VFSC for global clients
  • Shares are only available on the IRESS account, and not tradeable via MT4 and MT5
  • $30 fee levied monthly on accounts which are inactive for 6 months or have a balance below $500
Awards
  • Finalist - Best Online Customer Service 2020 & 2021 - Finder Awards
Instruments
CFDs, Forex, Stocks, Cryptos, Commodities CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Trading Platforms
  • MT4
  • MT5
  • DupliTrade
  • MT4
  • MT5
  • TradingView
  • TradingCentral
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, VFSC ASIC, FMA, VFSC
Margin Trading
Yes Yes
STP Account
No No
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
Yes Yes
PAMM Account
Yes Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Andriod iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
Yes Yes
Copy Trading Platform
Copy the trades of pro investors via the DupliTrade platform. Select, modify, or remove strategies from your portfolio with just a few clicks. Copy trading is available through HUBx, a service designed to help investors automatically mirror the positions of successful traders. This is ideal if you want hands-off access to popular financial markets.
Social Trading
Yes No
Trade Signals
MT4 Expert Advisors (EAs)
VPS Hosting
Yes Yes
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SGD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
Stock Exchanges
Commodities
CFD Trading
Blueberry Markets offers access to 300+ CFD products, spanning commodities, stocks, indices and currencies. These products are available with leverage rates up to 1:500, with competitive STP and ECN pricing models. Trade CFDs on a broad range of asset classes including forex, energies, precious metals, company shares, indices and cryptos. The excellent trade execution and opportunity to trade with direct market access pricing sets this broker apart from rivals.
Leverage
1:30 (ASIC), 1:500 (VFSC) 1:500
FTSE Spread
From 0.0 pips 4.0
GBPUSD Spread
From 0.0 pips 1.4
Oil Spread
From 0.0 pips 0.0
Stocks Spread
From 0.0 pips Variable
Forex Trading
Blueberry Markets clients can speculate on more than 40 forex pairs, encompassing all major and minor crosses, plus some exotic pairings. We found that all orders are executed at market price, with commission-based or spread markup pricing options. Trade 50+ forex pairs, including popular major, minor and exotic pairs. This is a decent selection, but traders will have a choice between the attractive MT4, MT5 or IRESS platforms and regulatory cover from ASIC. The VPS will also suit automated forex trading strategis.
GBPUSD Spread
From 0.0 pips 1.4
EURUSD Spread
From 0.0 pips 0.3
EURGBP Spread
From 0.0 pips 0.2
Assets
40+ 50+
Cryptocurrency
Invest in a modest selection of popular digital currencies including Bitcoin with no hidden fees. However, we have seen many other firms provide access to hundreds of different tokens, so it isn't best for serious crypto investors. Trade CFDs on 12 major cryptocurrencies including BTC and ETH in pairs with USD and with leverage up to 1:20. The dozen tokens on offer is very respectable for a CFD broker, though crypto traders looking for emerging tokens will prefer an exchange or dedicated crypto broker.
Spread
From 0.0 pips Variable
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • BCH
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BNB
  • DOT
  • EOS
  • LINK
  • UNI
  • XTZ
  • XLM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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