Blueberry Funded - Prop Firm Review
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- Prop arm of Blueberry Markets, an ASIC-regulated Australian broker (since 2016); simulated forex/CFD on MT4/MT5/TradeLocker/DXtrade
- Signature: real regulated-broker parentage — genuine infrastructure and longevity most standalone props lack
- Permissive rules: no consistency rule, no time limit, split 80% up to 90%, scaling to a simulated $2M
- Catch: ASIC covers the broker, not the challenges (offshore); documented breach-at-payout complaints
- 1-/2-/3-step + Instant Funding; sizes $5K–$200K; swap-free available; no US traders
Table of contents
TL;DR: Blueberry Funded in 30 seconds
- What it is: the prop arm of Blueberry Markets, an established ASIC-regulated Australian broker (since 2016). Simulated forex/CFD on MT4, MT5, TradeLocker and DXtrade.
- Signature: real, regulated-broker parentage - genuine broker infrastructure and longevity behind the challenges, which most standalone props lack.
- Terms: permissive on paper: no consistency rule, no time limit, base split 80% rising to 90%, scaling to a simulated $2M.
- The catch: the ASIC licence covers the broker, not the challenges (run through an offshore entity), and there’s a documented pattern of discretionary breach-at-payout complaints.
- Models: 1-, 2- and 3-step, plus Instant Funding; sizes $5K-$200K; swap-free accounts available. No US traders.
- Bottom line: above-average credibility from the broker backing, permissive rules - but read the payout-breach clauses carefully and know the challenges themselves are unregulated.
Last reviewed: 15 July 2026. Checked against Blueberry Funded’s own help centre (a new ruleset took effect March 2026). Terms change - confirm current numbers on the firm’s site before buying.
Pricing snapshot
CFD pricing
| Program | Account size | Price | Billing | Notes |
|---|---|---|---|---|
| Listed challenge | $10K | USD 79 | One-time | Migrated from existing JoinProp product price field. |
| Listed challenge | $25K | USD 149 | One-time | Migrated from existing JoinProp product price field. |
| Listed challenge | $50K | USD 249 | One-time | Migrated from existing JoinProp product price field. |
| Listed challenge | $100K | USD 449 | One-time | Migrated from existing JoinProp product price field. |
| Listed challenge | $200K | USD 799 | One-time | Migrated from existing JoinProp product price field. |
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What Blueberry Funded is
Blueberry Funded (blueberryfunded.com) is the proprietary-trading arm of Blueberry Markets, a retail broker operating since 2016 whose Australian entity is ASIC-regulated. That parentage is the whole pitch, and it’s a legitimate one (more below). You trade a simulated forex/CFD product - forex, indices, metals, energies and crypto CFDs - on an unusually broad platform set: MT4, MT5, TradeLocker and DXtrade. The firm is actively operating (a new ruleset took effect in March 2026) and pays traders. Two honest qualifications frame everything else: the ASIC licence applies to the broker, not to the simulated challenges (which are reportedly run through an offshore St. Vincent entity), and Blueberry Funded does not accept US traders.
The feature that defines it: real regulated-broker backing
Most prop firms are standalone startups with no brokerage behind them. Blueberry Funded plugs into an established, ASIC-regulated broker’s liquidity, pricing infrastructure and multi-platform technology. In a sector full of two-year-old brands that appear and vanish, having a real broker with a near-decade track record behind the operation is a meaningful, above-average credibility signal - and it’s the firm’s main differentiator.
The point where readers must be careful - and where the marketing can mislead - is what that regulation actually covers. The ASIC licence protects the broker’s live retail clients. It does not extend to Blueberry Funded’s challenges, which are simulated products run through an offshore entity, and it does not make your challenge fees regulated or protected. So “backed by a regulated broker” is true and genuinely valuable for infrastructure and longevity, but it is not the same as your funded account being regulated. Hold both ideas at once.
Rules, split and the payout caveat
On paper the rules are refreshingly permissive. The current 1-Step ruleset uses a 10% target, 6% static maximum drawdown and a 4% daily loss limit, with a 3-day minimum, no maximum trading days and no consistency rule - no best-day cap. The base split is 80%, rising to 90% on qualification, with a 14-day first-payout activation and then a 14-day cycle (7-day or on-demand via paid add-ons), paid fee-free by crypto or RiseWorks. There’s a funded-account 1.5% risk-per-trade-idea cap, high-impact news trading is barred, and scaling runs up to a simulated $2M. Swap-free (Islamic) accounts are available.
The caveat to weigh honestly: the most common real-world complaint is not slow payment but discretionary breaches applied right at payout - accounts closed after a trader becomes profitable, citing broad terms around “toxic trading,” grid or martingale-style entries. Payouts do happen and the infrastructure is real, so this isn’t an exit-scam situation, but the gap between the friendly marketed ruleset and the enforcement experience is real. Read the prohibited-strategy clauses closely before you scale up.
Who it suits
Blueberry Funded suits a non-US trader who wants the reassurance of real broker backing, permissive rules (no consistency cap, no time limit), a wide platform choice and a swap-free option, and who will read the payout-breach terms carefully. It suits less well US traders (not accepted) or anyone who assumes the ASIC regulation protects their challenge account - it doesn’t.
Frequently Asked Questions
Is Blueberry Funded regulated?
Blueberry Funded is the prop arm of Blueberry Markets, an ASIC-regulated Australian broker operating since 2016, and it uses that broker for liquidity and execution. However, the ASIC regulation covers the broker and its live retail clients, not Blueberry Funded’s simulated challenges, which are reportedly run through an offshore St. Vincent entity and are unregulated. The broker backing is real and valuable for infrastructure, but it does not make your funded account regulated.
What makes Blueberry Funded different from other prop firms?
Its main differentiator is genuine regulated-broker parentage. Most prop firms are standalone startups, whereas Blueberry Funded plugs into an established ASIC-regulated broker’s liquidity, pricing and multi-platform technology (MT4, MT5, TradeLocker, DXtrade), with a near-decade track record behind it. In a sector full of short-lived brands, that longevity and infrastructure is an above-average credibility signal.
What are Blueberry Funded’s rules and profit split?
The current 1-Step ruleset uses a 10% target, 6% static maximum drawdown and a 4% daily loss limit, with a 3-day minimum, no maximum trading days and no consistency rule. The base split is 80%, rising to 90% on qualification, with a 14-day activation before the first payout and then a 14-day cycle, plus paid 7-day or on-demand add-ons. There is a funded-account 1.5% risk-per-trade-idea cap and high-impact news trading is barred.
Does Blueberry Funded pay out reliably?
Payouts do happen and the infrastructure is real, so it is not an exit scam. However, the most common complaint is discretionary breaches applied right at payout, where accounts are closed after a trader becomes profitable, citing broad terms around toxic trading or grid and martingale entries. Read the prohibited-strategy clauses closely before you scale up.
Does Blueberry Funded accept US traders, and does it offer swap-free accounts?
No, Blueberry Funded does not accept US traders, consistent with its parent broker excluding US retail clients. It does offer swap-free Islamic accounts, and scaling runs up to a simulated 2 million dollars. Account sizes range from 5,000 to 200,000 dollars across 1-Step, 2-Step, 3-Step and Instant Funding models.
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