E
Eightcap
3.6 / 5Score: 2 / 3
Three tier-1 regulators and a 2009 founding date give Eightcap the trust and track record most traders look for.
- Min deposit
- $100
- Max leverage
- 1:500
- Spread from
- 0 pips
- Regulators
- ASIC, FCA, CySEC
Reviewed by Experts Updated 10/11/2026
Eightcap vs Blueberry Markets: Which Australian Broker Wins in 2026?
Eightcap and Blueberry Markets are both Australian-born forex and CFD brokers offering MT4/MT5 and tight spreads. But when we stack them side by side, one clearly pulls ahead on regulation, fees, and overall trust.
BM
Blueberry Markets
3.2 / 5Score: 1 / 3
A lean, ASIC-regulated broker offering slightly lower commissions for cost-conscious Australian traders.
- Min deposit
- $100
- Max leverage
- 1:500
- Spread from
- 0 pips
- Regulators
- ASIC
Overall Winner
Eightcap
Best for Beginners
Eightcap
Lowest Fees
Eightcap
Top Regulation
Eightcap
Side-by-side comparison
Core features compared head-to-head.
| Feature | E Eightcap | BM Blueberry Markets |
|---|---|---|
| Overview | ||
| Rating | 3.6 / 5 | 3.2 / 5 |
| Founded | 2009 | 2016 |
| Headquarters | Melbourne, Australia | Sydney, Australia |
| Regulation | ASIC, FCA, CySEC | ASIC |
| Fees & Limits | ||
| Min Deposit | $100 | $100 |
| Spreads From | 0 pips | 0 pips |
| Commission | $3.5/lot | $3/lot |
| Max Leverage | 1:500 | 1:500 |
| Platforms & Markets | ||
| Trading Platforms | MT4, MT5 | MT4, MT5 |
| Markets Offered | Forex, Cfd, Crypto, Indices, Commodities | Forex, Cfd, Indices, Commodities, Crypto |
Trading & non-trading fees
Min Deposit
Eightcap
$100
Blueberry Markets
$100
Spreads From
Eightcap
0 pips
Blueberry Markets
0 pips
Commission
Eightcap
$3.5/lot
Blueberry Markets
$3/lot
Deposit Fees
Eightcap
None
Blueberry Markets
None
Withdrawal Fees
Eightcap
None
Blueberry Markets
None
Pros & cons
E
Eightcap
Pros
- Holds three tier-1 regulatory licences (ASIC, FCA, CySEC)
- Longer established track record dating back to 2009
- Higher overall rating of 3.6/5 in our research
- No fees charged on deposits or withdrawals
- Competitive spreads from 0 pips
- Supports both MT4 and MT5 for flexible trading styles
- Wide market access spanning five major asset classes
Cons
- Commission of $3.5/lot is slightly higher than Blueberry Markets
- Headquartered in only one primary location (Melbourne)
- Minimum deposit may still be a barrier for micro-budget beginners
- No proprietary platform alternative to MT4/MT5
- Leverage of 1:500 carries elevated risk for inexperienced traders
BM
Blueberry Markets
Pros
- Slightly lower commission at $3/lot versus Eightcap's $3.5/lot
- Straightforward ASIC regulation for Australian traders
- No fees on deposits or withdrawals
- Identical minimum deposit of $100 keeps entry accessible
- Matching 1:500 leverage for active trading strategies
- Full MT4 and MT5 platform support
Cons
- Only regulated by a single authority (ASIC), unlike Eightcap's three licences
- Lower overall rating of 3.2/5 in our research
- Shorter operating history, founded in 2016
- No tier-1 regulation outside Australia for international traders
- Narrower regulatory safety net reduces global trader confidence
Our expert verdict
Editor's verdict
Overall winner Eightcap
Lowest fees Eightcap
Best regulation Eightcap
Better for beginners Eightcap
Eightcap is our recommended pick in this comparison, earning a 3.6/5 overall rating versus Blueberry Markets's 3.2/5. Eightcap's edge comes from its broader regulatory footprint — including ASIC, FCA, and CySEC licences — plus a longer track record dating back to 2009. Blueberry Markets remains a credible, ASIC-regulated alternative, but Eightcap delivers a stronger all-around package for most forex and CFD traders.
Regulation & Safety
Regulation is often the single most important factor when choosing a broker, and this is where Eightcap separates itself most clearly from Blueberry Markets. Eightcap is licenced by three tier-1 and respected regulators: ASIC in Australia, the FCA in the United Kingdom, and CySEC in Cyprus. This multi-jurisdictional coverage gives traders flexibility and an extra layer of oversight no matter where they're based.
Blueberry Markets, by contrast, is regulated solely by ASIC. While ASIC is a well-respected tier-1 regulator and Blueberry Markets clients in Australia enjoy solid protections, the lack of additional licences means traders outside Australia have less regulatory recourse compared to Eightcap's global clients.
For traders who prioritize safety above all else, Eightcap's three-licence structure is a meaningful advantage. Blueberry Markets is still a legitimate, properly supervised broker, but it offers a narrower regulatory safety net.
Fees, Spreads & Commissions
Both brokers advertise spreads starting from 0 pips, so on headline pricing they appear evenly matched. The real difference shows up in commission structure: Eightcap charges $3.5 per lot on its raw spread accounts, while Blueberry Markets undercuts slightly with a $3 per lot commission.
Neither broker charges deposit or withdrawal fees, which is a welcome point in favor of both platforms and keeps the overall cost of trading transparent for active and casual traders alike.
In practice, the fee difference between the two is marginal. High-frequency traders executing large lot volumes may find Blueberry Markets's slightly lower commission shaves a small amount off trading costs over time, but it's not substantial enough to outweigh Eightcap's stronger regulatory profile.
Trading Platforms & Markets
Eightcap and Blueberry Markets both run on the industry-standard MetaTrader 4 and MetaTrader 5 platforms, meaning traders get the same familiar charting tools, expert advisor support, and order execution environment regardless of which broker they choose.
Market access is also broadly similar. Eightcap offers Forex, CFDs, Crypto, Indices, and Commodities, while Blueberry Markets offers the same five asset classes in a slightly different order of emphasis. Neither broker holds a decisive edge in sheer market breadth.
Since the platform experience is essentially a tie, this category comes down to execution quality and account types, areas where both brokers are competitive but Eightcap's longer operating history gives it a slight edge in platform stability and third-party tool integrations.
Account Requirements & Accessibility
Both brokers set an identical minimum deposit of $100, making them equally accessible to beginner and intermediate traders who don't want to commit large sums upfront.
Maximum leverage is also matched at 1:500 for both brokers, giving active traders significant buying power — though this level of leverage also carries elevated risk and should be used cautiously.
With deposit requirements and leverage caps being identical, accessibility is not a differentiating factor in this matchup. The decision instead hinges on regulation, trust, and the small commission gap discussed earlier.
Company Background & Track Record
Eightcap was founded in 2009 and is headquartered in Melbourne, Australia, giving it roughly seven additional years of operating history compared to Blueberry Markets, which was founded in 2016 and is based in Sydney.
A longer track record doesn't automatically guarantee a superior trading experience, but it does typically correlate with more mature internal processes, deeper liquidity relationships, and more tested infrastructure during volatile market events.
Blueberry Markets has built a respectable reputation in its shorter time in the industry, but Eightcap's additional years in business is a point in its favor for risk-conscious traders.
Our Verdict
When all factors are weighed together, Eightcap comes out ahead with a 3.6/5 overall rating compared to Blueberry Markets's 3.2/5. The deciding factors are Eightcap's broader regulatory coverage across three jurisdictions and its longer, more established operating history.
Blueberry Markets is far from a weak option — its ASIC regulation, identical leverage, matching minimum deposit, and slightly cheaper commission make it a genuinely competitive broker, particularly for Australia-based traders who value simplicity.
For most traders, however, Eightcap's stronger regulatory backbone and established reputation make it the safer, more well-rounded choice in 2026.
Verdict summary
The bottom line — category winners and our final pick based on ratings.
Editor's verdict
Eightcap wins overall
Eightcap edges out Blueberry Markets overall based on our expert rating score.
E
Highest Rated
Eightcap
3.6 / 5 / 5
Category winners
Overall winner
Based on overall expert rating (3.6/5).
EightcapBetter for beginners
Stronger onboarding and educational resources.
EightcapLower trading costs
More competitive spreads and baseline commissions.
EightcapStronger regulation
Higher trust based on tier-1 regulatory oversight.
Eightcap
Frequently asked questions
Based on our independent rating system, Eightcap scores higher overall at 3.6/5 compared to Blueberry Markets's 3.2/5. Eightcap's advantage stems largely from its broader regulatory coverage and longer operating history, though Blueberry Markets remains a solid choice for traders who prefer its specific commission structure.
Both brokers advertise spreads from 0 pips, but their commissions differ slightly. Eightcap charges $3.5 per lot while Blueberry Markets charges $3 per lot, making Blueberry Markets marginally cheaper on a per-trade commission basis.
Both brokers require an identical minimum deposit of $100, so there is no cost-of-entry advantage between the two platforms when it comes to getting started.
Eightcap is regulated by ASIC, FCA, and CySEC, giving it coverage across three tier-1 jurisdictions. Blueberry Markets is regulated solely by ASIC, meaning it offers a narrower regulatory footprint compared to Eightcap.
Both brokers support the widely used MetaTrader 4 and MetaTrader 5 platforms, giving traders access to the same charting tools, automated trading capabilities, and order execution environments regardless of broker choice.
Yes, nothing prevents a trader from holding accounts with both brokers simultaneously. Many traders diversify across multiple platforms to access different liquidity pools, tools, or regulatory environments.
Eightcap was founded in 2009, giving it roughly seven more years of operating history than Blueberry Markets, which was founded in 2016. This longer track record contributes to Eightcap's slightly stronger trust profile.
Both brokers offer access to Forex, CFDs, Crypto, Indices, and Commodities, giving traders a comparable range of asset classes to diversify their strategies across either platform.
No, neither Eightcap nor Blueberry Markets charges fees on deposits or withdrawals, which keeps the overall cost structure transparent and predictable for traders moving funds in and out of their accounts.
Both brokers offer maximum leverage of 1:500, giving active traders significant buying power. However, this level of leverage also increases risk exposure and should be managed carefully regardless of which broker you choose.
Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.