The Blueberry Markets vs IC Markets: Which Is Better?
A side-by-side look at regulation, trading conditions, and fees for Blueberry Markets and IC Markets, pulled from the same data as their individual reviews.
Key Differences
- • IC Markets holds the higher overall rating: 9.6/10 vs 9.4/10 for Blueberry Markets.
- • Blueberry Markets has the lower minimum deposit: $100 vs $200 at IC Markets.
- • IC Markets is regulated by more authorities: ASIC, CySEC, FSA, SCB vs ASIC, VFSC, SCB for Blueberry Markets.
Overview
Rating
9.4/10
9.6/10
Trustpilot
4.7/5 · 3,000+ reviews
4.8/5 · 55,000+ reviews
WikiFX Score
High / Validated
High / Validated
Best For
Elite, human-driven customer service
Algorithmic trading, EAs & Scalping
Regulators
ASIC, VFSC, SCB
ASIC, CySEC, FSA, SCB
Terms & Fees
Min Deposit
$100
$200
Max Leverage
1:500
1:5000
Spreads From
0.0 Pips
0.02 Pips
Execution Model
ECN-style / STP routing
ECN/STP (No Dealing Desk) — aggregates ~25 liquidity providers
Commission
$7.00 round trip on Direct accounts
Raw Account: $3.50 per lot per side ($7.00 round trip); Standard: $0
Swap / Islamic
Standard swap rates apply; Islamic accounts available for qualifying regions
Highly competitive; Islamic (Swap-Free) accounts available for qualifying residents
Platforms
MT4, MT5
MT4, MT5, cTrader, TradingView
Crypto Deposits
Yes
Yes
Pros
What's good
- + Unassailable customer support
- + Highly transparent financing, zero hidden fees
- + Equinix NY4 integration for low-latency
- + Zero non-trading fees
- + Swap-free accounts available
Cons
Watch out for
- – Lacks cTrader and TradingView
- – Spread widening during Asian session
- – Stringent KYC/AML bottlenecks
- – No US/Canada/Japan clients