Blueberry Funded Forex prop firm review

Blueberry Funded Forex prop firm review

Blueberry Funded prop firm is a proprietary company that advertises itself as a leading firm backed by a regulated broker, which we will explore in more detail. The firm is powered by Blueberry Markets. The funded options range from 5k to 200k USD and traders can get up to 2 million USD in funding using the scaling plan. There are three funded account types 1-step, 2-step, and Rapid. The Rapid Challenge has only a 5% profit target which is attractive. Pricing starts at 35 dollars for the 5k 2-step challenge. The profit split is 80% for all three challenges.

In this unbiased Blueberry Funded review, we will assess the firm’s rules, funded options and types, pricing, platforms, support, and more. 

Pros & cons of Blueberry Funded prop firm

 

ProsCons
Ability to withdraw with $0 feesAround 17% of reviews are 1-star evaluations on Trustpilot
Most payment options are free and instantDoes not offer access to MetaTrader 4, MetaTrader 5 platforms
Fast and digital account opening/verificationDoes not provide educational resources
Cheap fees start at 35 USD for a 5k 2-step challenge 

Quick rating of Blueberry Funded and its features

FPA ScoreNo rating yet
Year founded2024
HeadquartersAustralia
Minimum audition fee35 USD
Fees on withdrawals0 USD
Minimum funded amount5,000 USD
Maximum funded amount200,000 USD
Allowed daily loss3-5%
Profit target10%
Maximum trailing drawdown10%
Profit sharing (Payouts)80%
Trading PlatformsDXTrade
Available trading marketsForex, commodities, indices, cryptos

Safety of Blueberry Funded

Blueberry Funded reviews are not available on the Forex Peace Army (FPA), which is a serious downside. The firm has around 110 reviews and 17% of them are 1-star evaluations, indicating some serious issues in the firm’s quality of services. This is a serious percentage of traders who evaluate the firm negatively, making it risky to sign up with this firm. When it comes to experience, Blueberry Funded was established in 2024, which makes it inexperienced in the prop trading industry. The firm claims to be backed by the regulated Forex and CFDs broker, Blueberry Markets, which is a very well-known broker.

The firm gets a 1.5 score in this section.

Blueberry Funded Funding and Maximum Capital Allocation

Blueberry Funded funded programs are diverse and include 1-step, 2-step, and Rapid challenges. The Rapid Blueberry Funded challenge is a 1-step account that has a low profit target of 5%, making it possible to get funded quicker than with the other two accounts. The list of Blueberry Funded funding options includes 5k, 10k, 25k, 50k, 100k, and 200k USD. This is true for 1-step and 2-step challenges. However, the Rapid Challenge offers only 10k, 25k, 50k, and 100k USD options. There is no instant Blueberry Funded challenge, which is a minor downside. 

Blueberry Funded scaling plan allows traders to get up to 2 million USD in funded account balance. 

Overall, the firm gets a 3 score in this section.

Blueberry Funded Assets

Blueberry Funded prop trading assets include Forex, Crypto, Metals, Energy, and Index products. These products are available at Blueberry Markets. The leverages vary depending on the asset type:

  • Forex 1:30 on 1 Step Evaluation or 1:50 on 2-step Evaluation. 
  • Metals/Commodities 1:10
  • Indices 1:10
  • Crypto 1:2

The firm gets a 3 score in this section for offering diverse markets but still lacking access to stocks and other popular asset classes. 

Blueberry Funded Trading rules and limitations

Blueberry Funded rules vary depending on the funded account type selected. To see how restrictive or flexible these rules are, let's compare all three accounts.

The 1-step Blueberry Funded challenge requires the following:

  • Profit target - 10%
  • Daily loss limit - 4%
  • Maximum drawdown - 6% 
  • Drawdown type - Static
  • Time limit - Unlimited
  • Minimum trading days - 3 days 
  • Funded minimum trading days - 3 days 
  • Copy trading - Allowed

The 2-step Blueberry Funded challenge rules are as follows:

  • Profit target - 10%, 5% (phase 1 and 2)
  • Daily loss limit - 5%
  • Maximum drawdown - 10% 
  • Drawdown type - Static
  • Time limit - Unlimited 
  • Minimum trading days - 3 days 
  • Funded minimum trading days - 3 days 
  • Copy trading - Allowed

The Rapid Blueberry Funded challenge has the following rules:

  • Profit target - 5%
  • Daily loss limit - 3%
  • Maximum drawdown - 4%
  • Drawdown type - Trailing
  • Time limit - 7 days
  • Minimum trading days - 0 days
  • Funded minimum trading days - 3 days 
  • Copy trading - Allowed

The Rapid challenge requires traders to hit the profit target in 7 days to get funded. News trading is not allowed. Expert Advisors (EAs) are allowed and traders can trade cryptos on weekends. 

The firm gets a 2.5 score in this selection.

Blueberry Funded Fees

The pricing is very competitive at Blueberry Funded starting at 35 dollars for the 5k USD 2-step challenge, enabling traders to trade cheaper. Let’s compare the pricing for all three account types to see a clearer picture.

The 1-step Blueberry Funded challenge requires the following one-time fees:

  • Funded amount: 5k USD - One-time fee: 40 USD
  • 10k USD - 75 USD
  • 25k USD - 150 USD
  • 50k USD - 275 USD
  • 100k USD - 550 USD
  • 200k USD - 1,100 USD

The 2-step Blueberry Funded challenge fees are as follows:

  • Funded amount: 5k USD - One-time fee: 35 USD
  • 10k USD - 60 USD
  • 25k USD - 125 USD
  • 50k USD - 250 USD
  • 100k USD - 500 USD
  • 200k USD - 1,000 USD

The Rapid Blueberry Funded challenge has the following pricing:

  • Funded amount: 10k USD - One-time fee: 50 USD
  • 25k USD - 100 USD
  • 50k USD - 200 USD
  • 100k USD - 300 USD

As we can see, the firm has very competitive pricing on all three account types. The 50 USD price mark is very cheap for the 10k Rapid challenge, enabling traders to get funded in 7 days if they have a suitable strategy. 

Blueberry Funded free trial is not offered and the Blueberry Funded free repeat is not available, which is a downside.

The firm gets a 4 score in this section as a result. 

Blueberry Funded Platforms

The firm allows access only to DXTrade at the moment, which is a popular prop trading platform. The platform has many built-in indicators but does not support custom indicators or Expert Advisors (EAs), which is a serious downside. Mobile trading is available. The firm does not allow access to advanced trading platforms like MT4 and MT5, which are offered by its broker, Blueberry Markets. 

The firm gets only a 2.1 score in this section.

Blueberry Funded Profit-Sharing

Blueberry Funded profit split is 80% for all funded accounts, allowing traders to withdraw a significant portion of their profits. Traders can increase their profit sharing to 90% using the scaling plan, which is very competitive. Withdrawals take 1-2 business days to get processed, which is competitive. Withdrawals incur no fees, which is very beneficial. 

The firm gets a 5 score in this section for offering high-profit split and commission-free withdrawals. 

Education and trading tools at Blueberry Funded

When it comes to educational resources the firm falls short here. There are no webinars, video guides, or trading courses available. There are no tools available either, to allow traders to measure their performance or increase trading accuracy, which is a downside. 

As a result, the firm gets a 0 score in this section. 

Customer Support at Blueberry Funded

Customer support is one of the most important aspects of prop trading after safety. The firm offers live chat and email support options. There is no phone support, which is a serious downside. The live chat is pretty advanced and has a help center and FAQs built-in, which is very flexible. Both the website and support options of the firm are available in the English language only, which is a minor drawback. 

Overall, the firm managed to get only a 2.4 score in this section. 

Frequently Asked Questions on Blueberry Funded

Is Blueberry Funded legit?

Blueberry Funded scam is still a possibility as the firm has many negative comments from traders accounting for almost 20% of total reviews, which is a serious red flag.

Is Blueberry Funded a good prop firm?

The firm offers many attractive features such as cheap challenges and diverse markets, but lacks educational resources and proper safety measures. 

What is the minimum Blueberry Funded fee?

The smallest one-time fee starts at just 35 dollars for the smallest 5k USD 2-step challenge, which is very cheap.