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Blueberry Markets Exposed 2025 No License Broker
Blueberry Markets claims to be a reputable Australian broker under ASIC regulation. However, our investigation at ScamBrokersReview.com found that the broker uses dual-entity operations, routing global traders to unregulated offshore structures while leveraging its ASIC license for credibility.
🏛️ 1. Company Overview
Blueberry Markets is a brand of Eightcap Pty Ltd, regulated by ASIC in Australia.
However, traders outside Australia are served through Blueberry Markets Global Ltd, an offshore arm not covered by ASIC rules.
This allows Blueberry Markets to claim regulation while avoiding responsibility for international traders.
⚠️ 2. Trader Complaints & Red Flags
- WikiFX: 2.7 / 10 – “Dual entity structure, inconsistent regulation.”
- Trustpilot: Users report delayed withdrawals and suspicious price movements.
- Forex Peace Army: Complaints about fake ECN claims and price manipulation.
Several users confirmed their accounts were re-verified or frozen after profitable trades — a classic offshore broker tactic.
đź’¸ 3. How Blueberry Markets Operates
- Promotes ASIC license on marketing materials.
- Registers international clients under unregulated entities.
- Delays withdrawals and blames “internal audits.”
- Blocks accounts when traders profit too quickly.
The ASIC name acts merely as window dressing.
🌍 4. Offshore Loopholes & Risk Exposure
Offshore entities face no auditing, no compensation scheme, and no oversight.
If Blueberry Markets Global fails, clients lose everything.
This structure mirrors other brokers like FXOpen and AfterPrime, which use dual jurisdictions to protect themselves, not the trader.
đź“Š 5. Comparison: Blueberry Markets vs Regulated Brokers
| Feature | Regulated Brokers | Blueberry Markets |
|---|---|---|
| Licensing | ASIC, FCA | ASIC + Offshore |
| Oversight | Active | Weak |
| Withdrawals | Smooth | Delayed |
| Fund Safety | Segregated | Unclear |
| Client Protection | Yes | Limited |
🧠6. What Traders Should Do
- Verify which entity your account belongs to.
- Stop depositing funds if under offshore jurisdiction.
- Save all communication records.
- Report issues to ASIC and your local regulator.
- Leave reviews on Trustpilot and Forex Peace Army.
- Read: How to Recover Funds from Scam Brokers.
âś… 7. Final Verdict
Blueberry Markets hides behind its ASIC registration while routing most clients through unregulated offshore channels.
This dual structure puts non-Australian traders at serious risk.
Verdict: Blueberry Markets is a dual-entity broker — partially regulated, but unsafe for global traders.
