CMC Markets vs Blueberry Markets

CMC Markets vs Blueberry Markets Comparison Table 2023
CMC Markets Blueberry Markets
4.7
3
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

CMC Markets is a trustworthy brand authorized by tier-one regulators including the FCA and ASIC. Advanced trading tools, excellent market research and low fees help the broker stand out from rivals. The no minimum deposit, free demo account and social trading service have also made CMC Markets popular with aspiring traders.

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.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Comment by Reviewer
"CMC Markets is a great option for active traders with thousands of instruments, spreads from 0.0 pips and an award-winning trading platform." "Blueberry Markets is a good option for traders familiar with MetaTrader and beginners looking to copy trade on popular financial markets."
Pros
  • Easy to use proprietary platform with intuitive features including a pattern recognition scanner and 40+ indicators and drawing tools
  • Transparent pricing model with lower spreads than alternatives and no deposit or withdrawal fees
  • Comprehensive suite of market research tools and analyst insights to help make informed trading decisions
  • CMC Alpha loyalty scheme with great perks for high-volume traders including premium support and 5% to 28.6% discounts on spreads
  • A hugely respected broker listed on the London Stock Exchange with 300,000+ clients
  • Responsive and knowledgeable support team available 24/5 to help new traders get started quickly
  • 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
Cons
  • A $10 monthly inactivity fee that kicks in after 12 months of no activity
  • Spread betting is only available in the UK
  • US clients are not accepted
  • No proprietary trading app
  • Limited bonuses for new traders
  • Narrow selection of CFDs in some asset classes
Awards
  • Best Trading App 2023 - DayTrading.com
  • No.1 Platform Technology 2022
  • No.1 New Tool 2022
  • No.1 Most Currency Pairs 2022
  • Best Trade Execution 2021
  • Best Forex Broker For Beginners 2021
  • Most Transparent Forex Broker Europe 2020
  • Best Trading Platform 2020
  • Best Trading App 2019
  • Best Customer Service 2018
  • Finalist - Best Online Customer Service 2020 & 2021 - Finder Awards
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting Stocks, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$0 $100
Trading Platforms
  • MT4
  • MT4
  • MT5
  • DupliTrade
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, ASIC, MAS, CIRO ASIC, SCB
Margin Trading
Yes Yes
Margin Rate
1%
STP Account
No No
ECN Account
No Yes
DMA Account
No No
MAM Account
No Yes
PAMM Account
No 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
Yes No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS & Andriod
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No 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.
Social Trading
Yes Yes
Trade Signals
Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Inactivity Fee
$10 $0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • SEK
  • PLN
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SGD
Stock Exchanges
Commodities
CFD Trading
CMC Markets offers leveraged CFDs on an extensive list of 12,000+ instruments with transparent pricing, powerful trading software and ultra-fast execution speeds. Out-of-hours trading on CFD indices is also available, plus 24/5 award-winning customer support. 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.
Leverage
1:30 (Retail), 1:500 (Pro) 1:30 (ASIC), 1:500 (SCB)
FTSE Spread
1 pt From 0.0 pips
GBPUSD Spread
0.9 From 0.0 pips
Oil Spread
3.5 From 0.0 pips
Stocks Spread
0.02 From 0.0 pips
Forex Trading
CMC Markets offers a superb list of 330+ forex pairs with tight spreads and ultra-fast executions. The selection of currencies is significantly wider than rivals. 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.
Forex App

CMC Markets deliver an award-winning app, compatible with most major mobile and tablet operating systems. Trade more than 9300 assets via the app on their Next Generation platform. Includes advanced charting with 12 chart types and 40 technical indicators.

GBPUSD Spread
0.9 From 0.0 pips
EURUSD Spread
0.7 From 0.0 pips
EURGBP Spread
1.1 From 0.0 pips
Assets
330+ 40+
Currency Indices
  • USD
  • EUR
  • GBP
  • JPY
  • CAD
  • AUD
  • NZD
  • CHF
Cryptocurrency
CMC Markets offers trading on popular digital tokens and crypto indices for broader exposure to the market. There is minimal slippage and an excellent 99.9% fill rate. 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.
Spread
from 1.3 From 0.0 pips
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • EOS
  • TRON
  • NEO
  • ADA
  • XLM
  • BTC
  • LTC
  • ETH
  • XRP
  • BCH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
More Comparisons
CMC Markets
vs
Blueberry Markets
vs