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104 brokers measured81 pricedmedian 7.0 USDformula v1.0Data captured 02.11.2026Some links are partner links. They never change a score or a position.

Recalculated 2026-11-02 · Established 2016 · Served via offshore Blueberry Markets (M

Blueberry Markets — South Africa

Blueberry Markets is rated 2.91 out of 5 by our formula (Rank #46 of 70) for traders in South Africa: round turn 7 USD, residents accepted — Through an offshore entity.

Suits you if a swap-free account is available · it runs 4 trading platforms · it has been trading for 10 years

Look elsewhere if the minimum is 100 USD against 50 USD in this market · it holds no licence issued in South Africa · you are onboarded by an offshore entity, not a local one

Key facts (8)

Who actually onboards you
Served via offshore Blueberry Markets (Mauritius) Ltd / Blueberry Mark
Licence number
GB24203929
Established
2016group
Min deposit, USD
100 USD
Platforms
MT4 · MT5 · TradingView · Blueberry X
Local funding
No ZAR-specific rails verified; Visa/Mastercard,
Max leverage
500geo
EURUSD
1.0 pipsgroup

Accounts (2)

2 of 2 accounts with a published cost per lot

2 of 2 shown

Click a column heading to sort. Figures are list terms, no promo codes.

Broker · accountMin deposit, USDSpreadCommissionCost per lotSwap-free
Blueberry MarketsStandard1001advertisedAnyper standard lot10round turn, USD—
Blueberry MarketsDirect1000advertised7per standard lot7round turn, USD—

This broker against the South Africa middle (81 of 104)

Blueberry MarketsSouth Africa median
Round turn, USD7.0 USD7.0 USD
Min deposit, USD100 USD50.0 USD
Max leverage500geo500.0geo
Withdrawal, h24-48 business hoursgroup24.0 h
EURUSD, standard1.0 pipsgroup1.0 pips
EURUSD, raw0.0 pipsgroup0.0 pips
Established2016group2009.0
Platforms43.0
Through an offshore entity

Onboards residents through an offshore entity

Offshore-regulated only; not authorised by South Africa's FSCA.

56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about Blueberry Markets.

Who actually onboards you
Served via offshore Blueberry Markets (Mauritius) Ltd / Blueberry Markets (V) Ltd, not the
Licence number
GB24203929
Local licence
no
Checked
2026-07-09

Score (6/6 axes)

2.91of 5

A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.

Trader reviews25%4.2
Round-turn cost20%4.5
Licence and entity20%0.0
Withdrawal speed15%3.0
Track record10%2.5
Platforms and programs10%2.5

Check:25.0% × 4.25+ 20.0% × 4.50+ 20.0% × 0.00+ 15.0% × 3.00+ 10.0% × 2.50+ 10.0% × 2.50= 2.91

Ranked against brokers measured on every axis

Licence check

Licence number
GB24203929
Checked
2026-07-09

Source

Who actually onboards you

Served via offshore Blueberry Markets (Mauritius) Ltd / Blueberry Markets (V) Ltd, not the Australian entity.

Offshore entity

What each account gives you

Standard (spreads from ~1.0 pip, no commission) and Direct/Raw (0.0 pip + ~USD 7 round-turn); min USD 100.

Cost per round turn, and the South Africa middle (81 of 104)

Round turn, USD
7.0 USD
Median
7.0 USD

raw+commission

Client-money protections

Min USD 100; cards, e-wallets, bank wire, crypto; no broker deposit fees.

What the broker publishes about payouts

Withdrawal, h
24-48 business hoursgroup

Trading software and asset classes (4)

MT4 · MT5 · TradingView · Blueberry X

300+ instruments: FX, indices, gold, oil, commodities, shares, crypto CFDs.

Reviews

Reviews
4.7/5 from 3,235 reviewsgroup

rated "Excellent" with 4.7 / 5 on Trustpilot

Where it wins, where it loses

Pros (1)

  • Swap-free account available

Cons (2)

  • Round turn 7.0 USD against a South Africa median of 7.0
  • No local licence: the client is onboarded by a foreign entity

Where it does not serve

United States, Malaysia

Methodology

the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%

Methodology

Sources (3)

3 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.

  1. The broker's own documents
  2. 1blueberrymarkets.comblueberrymarkets.com · domainBroker
  3. Aggregators and directories
  4. 2fxscouts.co.zafxscouts.co.za · domainAggregator
  5. 3sashares.co.zasashares.co.za · domainAggregator

FAQ (5)

Does Blueberry Markets accept residents of South Africa?

Through an offshore entity.

Which entity onboards a South Africa client of Blueberry Markets?

Served via offshore Blueberry Markets (Mauritius) Ltd / Blueberry Markets (V) Ltd, not the Australian entity.

What licence does Blueberry Markets hold for South Africa?

Licence GB24203929.

What does one EURUSD lot cost at Blueberry Markets?

7.0 USD per round turn against a South Africa median of 7.0 USD, measured on 81 of 104 brokers.

How long does a withdrawal from Blueberry Markets take?

Blueberry Markets publishes 24-48 business hours. Their own wording: “processes all requests within 24-48 business hours”.