Comparison of Alvexo and Blueberry Markets
| Feature | Alvexo | Blueberry Markets |
|---|---|---|
| Broker | ||
| Year Founded | 2014 | 2016 |
| Broker Type | STP | ECN |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | SFSA | VFSC, ASIC |
| Platforms | Alvexo WebTrader, Mobile | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | ⬈ High | ⬊ Low |
| Maximum Leverage | 1:400 | 1:500 |
| Minimum Deposit | $500 | $100 |
| Base Currencies | USD, EUR | USD, CAD, AUD, EUR, SGD, NZD, CHF, GBP |
| Funding Methods | Bank Wire, Credit/Debit Cards, PayPal, Apple Pay, Google Pay, Skrill | Bank Wire, Credit Card, Debit Card, Skrill, USDT (Tether), USDC (USD Coin), BTC (Bitcoin), ETH (Ethereum), XRP (XRP) |
| Inactivity Fee | Tiered up to $2 500/mo after 30 days idle | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | - | - |
| Protection Size | - | - |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✔ |
| Copy Trading | ✖ | ✔ |
| VPS | ✖ | ✔ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✖ | ✖ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, Commodities, Cryptocurrencies, Bonds | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies |
| Review | Alvexo Review | Blueberry Markets Review |
About Alvexo
Founded in 2014, Alvexo is a multi-asset CFD broker regulated by the Seychelles FSA. Traders get 450+ instruments across FX, stocks, indices, commodities and crypto, plus a proprietary WebTrader and full-featured mobile app. Four live account tiers (Classic to Elite) offer progressively tighter spreads and higher leverage. Education is a key focus: Alvexo Plus delivers daily signals, webinars and market commentary. Despite strong education and platform choice, entry costs are steep: the Classic account starts at $500 and spreads from 2.9 pips; meaningful price-quality improvements demand deposits of $10 000+. A $100 inactivity fee kicks in after one month, and overall pricing is less competitive than top-tier STP brokers.
Pros
- 450+ tradable instruments and multi-asset coverage
- Rich education and daily trading signals
Cons
- High minimum deposits for better pricing
- Wide spreads on Classic account
- Monthly inactivity fee after 1 month
- Offshore FSA licence
- No cent or PAMM/MAM accounts
About Blueberry Markets
Blueberry Markets is an Australia-based forex and CFD broker regulated by ASIC that targets both active traders and beginners with a straightforward, low-cost trading environment. Clients can choose between a RAW ECN account with spreads from 0.0 pips plus commission, or a commission-free Standard account with slightly wider pricing. More than 1,300 instruments are available across forex, stocks, indices, commodities and crypto, all tradable on MT4, MT5 or the browser-based WebTrader. A low minimum deposit of 100 AUD, leverage up to 1:500, fee-free funding options and 24/7 multilingual support make Blueberry Markets attractive for anyone seeking a secure yet flexible brokerage partner.
Pros
- ASIC regulation ensures strong client fund protection
- Choice of RAW (0-pip spreads + commission) or Standard (no-commission) account types
- Access to MT4, MT5 and WebTrader on desktop, web and mobile
- 1,300+ tradable instruments, including forex, stocks, indices, commodities and cryptocurrencies
- Low 100 AUD minimum deposit and leverage up to 1:500
- Fast, fee-free deposits and withdrawals plus 24/7 customer support
Cons
- No proprietary platform or cTrader option for traders who prefer alternatives to MetaTrader
- Educational content is limited compared with larger global brokers
- No EU licence-clients in certain regions may face restrictions or lack local investor protection
- Crypto funding methods are not currently supported
Alvexo & Blueberry Markets Regulation
| Feature | Alvexo | Blueberry Markets |
|---|---|---|
Companies | HSN Capital Group Ltd | Blueberry Markets (V) Ltd, Blueberry Markets Pty Ltd |
Countries | Seychelles | Vanuatu, Australia |
Regulators | SFSA | VFSC, ASIC |
Investor Protection | - | - |
Investor Protection Size | - | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Alvexo | Blueberry Markets |
|---|---|---|
Market Maker Account | ||
| Account Name | Classic | — |
| Min Deposit | $500 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 2.9 | — |
| Fee | No | — |
| Max Leverage | 1:100 | — |
| Stop Out | 40% | — |
| Margin Call | 75% | — |
STP Account | ||
| Account Name | Gold | — |
| Min Deposit | $10 000 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 2.2 | — |
| Fee | No | — |
| Max Leverage | 1:200 | — |
| Stop Out | 35% | — |
| Margin Call | 75% | — |
ECN Account | ||
| Account Name | — | Standard |
| Min Deposit | — | $100 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1 |
| Fee | — | No |
| Max Leverage | — | 1:500 |
| Stop Out | — | 50% |
| Margin Call | — | 100% |
Zero Account | ||
| Account Name | — | Raw |
| Min Deposit | — | $100 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0 |
| Fee | — | $7 per 1 lot |
| Max Leverage | — | 1:500 |
| Stop Out | — | 50% |
| Margin Call | — | 100% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | Alvexo | Blueberry Markets |
|---|---|---|
Base currencies | USD, EUR | USD, CAD, AUD, EUR, SGD, NZD, CHF, GBP |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards, PayPal, Apple Pay, Google Pay, Skrill | Bank Wire, Credit Card, Debit Card, Skrill, USDT (Tether), USDC (USD Coin), BTC (Bitcoin), ETH (Ethereum), XRP (XRP) |
Inactivity fee | Tiered up to $2 500/mo after 30 days idle | |
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
| Feature | Alvexo | Blueberry Markets |
|---|---|---|
Trading Platforms | Alvexo WebTrader, Mobile | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Execution Speed | - | 30 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | high | low |
Trading Assets
| Asset | Alvexo | Blueberry Markets |
|---|---|---|
Currencies | 58 | 63 |
Indices | 15 | 17 |
Stocks | 330 | 1150 |
Cryptocurrencies | 22 | 61 |
Bonds | 2 | 0 |
Metals | 5 | 17 |
Energies | 5 | 3 |
Soft Commodities | 4 | 0 |
ETFs | 12 | 0 |
Education and Analytics
| Feature | Alvexo | Blueberry Markets |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
| Contact | Alvexo | Blueberry Markets |
|---|---|---|
Email | support@alvexo.com | customer-care@blueberrymarkets.com |
Phone | +41449746327 | +61279083946 |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | ||
Twitter |
Which Broker is Better?
After comparing Alvexo and Blueberry Markets, Blueberry Markets comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.