Blueberry Markets EUR/USD Spread Compared to Top Competitors



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Your location is United States
The average spread for the EUR/USD across more than 200 brokers that offer ECN and Raw Spread accounts showed it is 0.17 pips. The average spread of Blueberry Markets for the EUR/USD currency pair is 0,2, which corresponds to a High level
How Does Blueberry Markets EUR/USD Spread Compare to top Competitors?
The average EUR/USD spread among over 200 researched Forex brokers on ECN accounts is 0.17 pips All spreads mentioned are based on the analysis of publicly available sources and data provided by the brokers. . We also compared the spreads and per-lot fees of Blueberry Markets with top competitors that accept clients from your country.
Blueberry Markets | Plus500 | Pepperstone | |
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EUR/USD | 0,2 | 0,1 | |
GBP/USD | 0,4 | 0,15 | |
ECN commission (per lot) | 3,5 | 3 | |
Supported Currency pairs | 40 | 60 | 90 |
Open an account Your capital is at risk. |
Open an account Your capital is at risk. |
Open an account Your capital is at risk.
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What Other Fees Does Blueberry Markets Charge?
We also compared the spreads of Blueberry Markets on Standard account types with those of competitors, as well as non-trading fees such as inactivity fees and withdrawal fees.
Blueberry Markets | Plus500 | Pepperstone | |
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EUR/USD, min pips | 0,2 | 0,5 | 0,5 |
EUR/USD, max pips | 1,0 | 0,9 | 1,5 |
GBP/USD, min pips | 0,2 | 0,5 | 0,4 |
GBP/USD, max pips | 1,0 | 1,0 | 1,4 |
Blueberry Markets | Plus500 | Pepperstone | |
---|---|---|---|
Deposit fee, % | 0 | 0 | 0 |
Withdrawal fee, % | 0 | 0 | 0 |
Withdrawal fee, USD | 0 | 0 | 0 |
Inactivity fee, $ | 0 | 10 | 0 |
Blueberry Markets ECN/Raw Spread Account vs Standard Account: Where is the Lower Spread?
According to calculations by Traders Union based on the analysis of over 300 brokers, the average cost of executing a trade of 1 standard lot of EUR/USD on an ECN/RAW account, including spread and commission, is $5.20. In contrast, the average spread on a Standard account is 0.8 pips, which is equivalent to $8 per lot. It is also worth noting that ECN/RAW accounts generally offer faster order execution and allow trading with bots, making them more suitable for active traders.
The average Blueberry Markets EUR/USD spread is 0,2, which equal to 2$, plus you will need to pay a commission per lot of ECN 3,5$. Blueberry Markets Standard account spread is 0,2, which equal to 0,2; however, there is no extra commission to pay in this case.
What Other Factors Directly Affect Blueberry Markets EUR/USD Spread?
Several factors directly impact Blueberry Markets the overall cost of executing trades in EUR/USD, beyond just the average spread. Here are some key considerations:
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Liquidity and Daily Turnover:
Higher liquidity and larger daily turnover generally result in tighter spreads and better trade execution. Brokers with higher liquidity can offer more competitive pricing and faster order execution, which is crucial for active traders.
Top 3 Forex Brokers by Trading Turnover Average Daily Turnover for All Currency Pairs $B IC Markets 29 Open an account Your capital is at risk.Saxo Bank 20,01 Open an account Your capital is at risk.StoneX 18,6 -
Blueberry Markets Order Execution Speed:
Faster order execution reduces the likelihood of slippage, ensuring that trades are executed at the expected prices. This is especially important for scalpers and high-frequency traders. Typically, order execution speed is better on ECN accounts. Blueberry Markets is an ECN forex broker, which means it offers high.
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Time of Day:
- Best Times to Trade EUR/USD is Peak Activity: 8:00 AM to 12:00 PM EST (1:00 PM to 5:00 PM GMT). During the overlap of the London and New York sessions, liquidity is highest and spreads are usually the tightest.
- Worst Times to Trade EUR/USD: 5:00 PM to 10:00 PM EST (10:00 PM to 3:00 AM GMT). Spreads widen during this period due to low liquidity when major markets are closed.
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Commission Fees
In addition to spreads, commission fees per trade can significantly impact the total cost. ECN/RAW accounts often charge a commission per lot, which needs to be factored into the overall trading cost.
Blueberry Markets Commison Per Lot is 3,5$
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Non-Trading Fees:
Inactivity fees, withdrawal fees, and other non-trading charges can add up and impact your overall profitability. It is essential to review all potential fees associated with the broker.
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VPS (Virtual Private Server) Services:
Utilizing a VPS can enhance your trading by providing a stable and high-speed internet connection, reducing latency and potential slippage. This is particularly beneficial for automated trading systems and high-frequency traders, as it ensures your trades are executed as quickly as possible, minimizing execution costs.
Blueberry Markets Extra Services For Active Traders Vs Competitors Blueberry Markets Plus500 Pepperstone Free VPS Yes No Yes API Yes No Yes Signals (alerts) No Yes Yes TradingView integration No Yes Yes Trading bots (EAs) Yes Yes Yes Scalping Yes Yes Yes One click trading Yes Yes Yes
Blueberry Markets Regulation and Other Important Trading Conditions
Regulation | ASIC, VFSC |
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Minimum deposit | $100 |
Trading platform | MT4, МТ5, WebTrader |
Accounts | Demo, Blueberry Standard account, Blueberry Direct account |
Account currency | USD, EUR, GBP, AUD, NZD, SGD, CAD |
Replenishment / Withdrawal | Bank Wire, credit cards Visa and MasterCard, Neteller, Perfect Money, Skrill, China UnionPay, Dragonpay, FASA, PayTrust, STICPAY, THB QR Payment, Cryptocurrency, Poli (deposits only) |
Trading features | Dynamic leverage; Trading limitations for Australian users; Advisers on all trading platforms. |
Instruments | Forex, CFDs (commodities, cryptocurrencies, stock, indices) |
How does Blueberry Markets Make Money From EURUSD Spread
On a Standard account, Blueberry Markets makes money by charging a spread, which is the difference between the bid (buy) and ask (sell) price. The spread is typically marked up by the broker, meaning that Blueberry Markets includes a profit margin in the spread that you pay when opening or closing a EUR/USD trade.
On an ECN/Raw account, the broker doesn't mark up the spread but instead charges a small commission per trade. In this case, the spread is usually much tighter, often close to zero, as it reflects real market conditions. Blueberry Markets makes money primarily from the commission fees 3,5$ per lot.