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Blueberry Funded Review 2026

St. Vincent and the Grenadines; parent: Blueberry Markets (Australia, ASIC-regulated) flagSt. Vincent and the Grenadines; parent: Blueberry Markets (Australia, ASIC-regulated)Est. 202415,000 funded traders

Reviewed by Kamal Latai, Founder & Lead Analyst — Updated March 20, 2026

Operating 2+ years
4.3/5 Trustpilot (1,400 reviews)
15,000+ funded traders
Expert Score: 7.8/10
Verified by PropFirm Key
Max Allocation
$2M
Profit Split
90%
Starting From
$25
Daily Loss Limit
4%
Max Drawdown
10%
First Payout
14 days
Payout Frequency
Bi-weekly
Pass Rate
15%

About Blueberry Funded

Blueberry Funded was established in 2024 as the proprietary trading arm of Blueberry Markets, a well-known Australian brokerage regulated by ASIC (Australian Securities and Investments Commission). With over 8 years of operation in the retail brokerage space, Blueberry Markets brings institutional-level infrastructure, deep liquidity relationships, and proven technology to the prop trading arena. The prop firm operates through Blueberry Markets (SVG) LLC, registered with VFSC (Company No. 700697) in St. Vincent and the Grenadines. CEO Marcus Fetherston oversees operations from 3+ international offices. The firm has quickly gained traction, onboarding over 50,000 traders globally and distributing $7M+ in payouts to funded traders. Blueberry Funded's broker-backed model is a significant differentiator. Unlike standalone prop firms that rely on third-party technology providers, Blueberry Funded benefits from its parent company's proprietary trading infrastructure, including raw spreads from 0.1 pips and what they claim are the tightest XAU/USD spreads in the industry.

Headquarters
St. Vincent and the Grenadines; parent: Blueberry Markets (Australia, ASIC-regulated)
CEO / Founder
Marcus Fetherston
Market Type
forex
Status
active

Trading Platforms

MT4 logoMT4MT5 logoMT5TradeLockerDXTrade logoDXTrade

Tradable Assets

FXMetalsIndicesCommoditiesCryptoStocksSynthetics

Payment Methods

Credit CardCrypto

Trading Rules

Daily Loss Limit
4%

Based on static

Max Drawdown
10%

Static from initial balance

Profit Target
10%

instant,1-step,2-step

Min Trading Days
3

3 days required

Consistency Rule

none

Leverage: 1:30

Allowed Strategies

Scalping
Short-term quick trades
News Trading
Trade during economic events
Bots / EA
Automated trading bots
Copy Trading
Copy other traders
Hedging
Opposite positions
Weekend Holding
Hold over weekends
Martingale
Double-down strategy
HFT
High frequency trading

Challenges (45)

$1KInstant Lite
instant
Profit Target: 0%Max Loss: 4%
80%
$3KPrime 2-Step
2-step
Profit Target: 8% / 6%Max Loss: 10%
80%
$3KInstant Lite
instant
Profit Target: 0%Max Loss: 4%
80%
$3KInstant Elite
instant
Profit Target: 0%Max Loss: 10%
80%
$5KSynthetic Challenge
2-step
Profit Target: 10% / 5%Max Loss: 10%
80%
$5KStock Challenge
2-step
Profit Target: 10% / 6%Max Loss: 8%
80%
$5K2-Step
2-step
Profit Target: 10% / 5%Max Loss: 10%
80%
$5K1-Step
1-step
Profit Target: 10%Max Loss: 6%
80%
$5KPrime 2-Step
2-step
Profit Target: 8% / 6%Max Loss: 10%
80%
$5KInstant Lite
instant
Profit Target: 0%Max Loss: 4%
80%
$5KInstant Elite
instant
Profit Target: 0%Max Loss: 10%
80%
$10KRapid 7-Day
1-step
Profit Target: 5%Max Loss: 4%
80%
$10KSynthetic Challenge
2-step
Profit Target: 10% / 5%Max Loss: 10%
80%
$10K2-Step
2-step
Profit Target: 10% / 5%Max Loss: 10%
80%
$10KStock Challenge
2-step
Profit Target: 10% / 6%Max Loss: 8%
80%
$10K1-Step
1-step
Profit Target: 10%Max Loss: 6%
80%
$10KPrime 2-Step
2-step
Profit Target: 8% / 6%Max Loss: 10%
80%
$10KInstant Lite
instant
Profit Target: 0%Max Loss: 4%
80%

Showing 18 of 45 challenges

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Trading Features

Scaling Plan
Live Chat Support

Payout Process

Evaluation
Pass the challenge
Sim Funded
First payout in 14d
Live Funded
Unlock full payouts
Payout Schedule

Frequency: Bi-weekly

Processing: 1-2 days

Payout Methods
CryptoRiseWorks

Scaling Program

Scale Up Your Account

Grow your allocation over time with consistent trading

Increment
25%
Frequency
quarterly
Max Allocation
$2M
$2M$2Mvia 25% increments

Pros & Cons

Pros

  • Backed by ASIC-regulated Blueberry Markets with 8+ years in operation
  • 7 distinct program types covering forex, stocks, crypto, and synthetics
  • Entry from just $25 — one of the most accessible in the industry
  • 4 trading platforms: MT4, MT5, TradeLocker, DXTrade
  • 1,000+ US Stock CFDs and 52 crypto pairs available
  • No consistency rule on any account type
  • Raw spreads from 0.1 pips with competitive commissions
  • Scaling to $2M with 90% profit split

Cons

  • Fees are non-refundable across all program types
  • Does not accept US, Australian, Russian, or UAE traders
  • Relatively new in the prop firm space (launched 2024)
  • 2-minute news trading restriction around high-impact events
  • Maximum scaling capped at $2M (vs $4M at some competitors)

Expert Review

Kamal Latai
Founder & Lead Analyst
7.8
/10
Overall Score
Based on 5 evaluation criteria
🛡Trust & Reputation8.5
📋Trading Rules7.5
💰Payout Process7.2
💎Value for Money8.5
Platform & Tools9.0

Quick Summary

Blueberry Funded is backed by ASIC-regulated Blueberry Markets, offering 7 different program types including 1-Step, 2-Step, Prime, Rapid, Stock, Synthetic, and Instant Funded accounts. With 4 trading platforms, 1,000+ US Stock CFDs, 52 crypto pairs, and unique synthetic indices, it provides one of the broadest trading ecosystems in the prop firm industry. Scaling reaches $2M with 90% profit split.

01Company Background

Blueberry Funded was established in 2024 as the proprietary trading arm of Blueberry Markets, a well-known Australian brokerage regulated by ASIC (Australian Securities and Investments Commission). With over 8 years of operation in the retail brokerage space, Blueberry Markets brings institutional-level infrastructure, deep liquidity relationships, and proven technology to the prop trading arena. The prop firm operates through Blueberry Markets (SVG) LLC, registered with VFSC (Company No. 700697) in St. Vincent and the Grenadines. CEO Marcus Fetherston oversees operations from 3+ international offices. The firm has quickly gained traction, onboarding over 50,000 traders globally and distributing $7M+ in payouts to funded traders. Blueberry Funded's broker-backed model is a significant differentiator. Unlike standalone prop firms that rely on third-party technology providers, Blueberry Funded benefits from its parent company's proprietary trading infrastructure, including raw spreads from 0.1 pips and what they claim are the tightest XAU/USD spreads in the industry.

02Challenge Types & Pricing

Blueberry Funded offers an unusually diverse selection of 7 program types, more than almost any other prop firm. The 1-Step Challenge is the simplest evaluation: 10% profit target, 4% daily drawdown, 6% max drawdown, minimum 3 trading days, unlimited time, and leverage up to 1:30 on forex. Account sizes range from $5K ($40) to $200K ($1,100). The 2-Step Challenge provides more generous drawdown limits: 10%/5% profit targets across two phases, 5% daily and 10% max drawdown, with 1:50 forex leverage. Prices range from $35 ($5K) to $1,000 ($200K). The Prime 2-Step features 8%/6% targets with 4% daily and 10% max drawdown, requiring 5 minimum trading days. Available from $2.5K ($30) to $200K ($1,170). The Rapid Challenge is a 7-day sprint: 5% target, 3% daily trailing drawdown, 4% max trailing drawdown. Only available for $10K-$100K accounts. The Stock Challenge is dedicated to US Stock CFDs with 1:10 leverage: 10%/6% targets, 4% daily, 8% max drawdown. The Synthetic Challenge offers 24/7 trading on 12 custom indices with no lot size restrictions, starting at just $25 for a $5K account. Instant Elite and Instant Lite provide immediate funded accounts without evaluation, with trailing drawdown models.

03Trading Rules Analysis

Blueberry Funded maintains a trader-friendly rule set with no consistency rule on any account type. News trading is allowed with a restriction: traders cannot open or close trades 2 minutes before or after high-impact news events, though holding existing positions through news is permitted. Expert Advisors (EAs) are allowed provided they don't employ restricted strategies. Copy trading through personal accounts is permitted. Scalping is allowed but tick scalping and excessive scalping (50%+ positions under 1 minute) are prohibited. Weekend position holding and overnight holding are allowed. Prohibited strategies include high-frequency trading (HFT), latency arbitrage, reverse/hedge arbitrage, grid/martingale on some challenges, and account sharing. A 1.5% Risk Per Trade rule applies to newer accounts on 1-Step, 2-Step, Instant Lite, and Instant Elite programs, replacing traditional lot size restrictions.

04Payout Process

Blueberry Funded processes payouts bi-weekly (every 14 days). To qualify for a payout, traders must have at least 3 trading days with 0.5%+ closed profit each. The minimum withdrawal is $100, and payouts are processed within 1-2 business days with no withdrawal fees. Payouts up to $2,000 are handled via crypto (USDC or USDT-TRC-20). For amounts above $2,000, payouts are processed through RiseWorks, which offers both bank transfer and crypto options. The standard profit split is 80%, increasing to 90% when the scaling plan is activated. The scaling plan rewards consistent performance: 10% net profit over 3 consecutive months with minimum 4 payouts triggers a 25% balance increase and upgrade to 90% profit split.

05True Cost Analysis

Blueberry Funded offers some of the most competitive entry prices in the industry. The Synthetic $5K account at $25 is one of the cheapest ways to start prop trading. Standard 2-Step challenges are priced below market average: $60 for $10K and $500 for $100K. The 80% profit split is industry-standard, rising to 90% with scaling, which matches or exceeds most competitors. Fees are non-refundable, which is a consideration for traders who may need multiple attempts. However, the low entry prices offset this — a $10K 2-Step at $60 is affordable enough for multiple tries without significant financial pressure.

06Who Should Use Blueberry Funded?

Blueberry Funded is ideal for traders who value broker-backed infrastructure and institutional-grade execution. The ASIC-regulated parent company provides a level of credibility that standalone prop firms cannot match. Traders who want access to diverse asset classes — forex, stocks, crypto, synthetics — will find Blueberry Funded's 7 program types unmatched. Budget-conscious traders will appreciate entry points from just $25. Stock traders benefit from 1,000+ US Stock CFDs, while crypto enthusiasts can trade 52 pairs 24/7. The Synthetic Challenge offers unique opportunities for traders interested in custom indices independent of real market conditions.

07Alternatives

Traders considering Blueberry Funded should also look at FXIFY for its $4M scaling and 90% base split, FundedNext for its 95% profit split at scale, and The5ers for instant funding with 100% profit split potential. For stock trading specifically, Trade The Pool offers a dedicated stock prop firm experience. Blueberry Funded's unique advantage is the ASIC-regulated broker backing and the sheer variety of 7 program types. No single competitor matches this breadth. The synthetic indices trading is also unique among prop firms.

Final Verdict

7.8/10 — Good
PropFirm Key Expert Rating
Blueberry Funded delivers a compelling proposition backed by real brokerage infrastructure. The ASIC-regulated Blueberry Markets parent company provides credibility that most prop firms lack. With 7 distinct program types, 4 trading platforms, and one of the broadest asset selections in the industry, it caters to virtually every trading style. The entry barrier is remarkably low at $25, and the no-consistency-rule policy gives traders genuine freedom. The main considerations are the non-refundable fees and the relatively newer presence in the prop firm space. However, the broker backing, competitive pricing, and institutional-grade execution make Blueberry Funded a strong choice for traders of all levels.

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FAQ

8 questions about Blueberry Funded

Yes, Blueberry Funded is the prop trading arm of Blueberry Markets, an Australian broker regulated by ASIC. The parent company has over 8 years of operation in the financial services industry.

Terms & Conditions Summary

Legal Entity
Blueberry Markets (SVG) LLC
Jurisdiction
St. Vincent and the Grenadines
Governing Law
St. Vincent and the Grenadines
Address
VFSC Company No. 700697, St. Vincent and the Grenadines

Disclaimer: This summary is provided for informational purposes only and does not constitute legal advice. Terms may change without notice. Always read the full Terms & Conditions on the official website before making any purchase. Last reviewed: 2026-03-19.

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