Blueberry Funded has been making noise in the prop firm space lately. Traders love the idea of having no time limits, cheap starting fees, and getting funded fast. But is opening a Blueberry Funded account really that simple?
This TRU Insight unpacks what it’s like to trade with Blueberry Funded. From every step of the challenges, their key features, prohibited strategies, pros, and cons are all here.
This comprehensive review is where you will have your expectations reassessed against reality. Curious if this blueberry is sweet or sour? Read more to find out.
What is a Prop Firm? Quick Knowledge Before the Review
A proprietary trading firm, or “prop firm” for short, uses its own capital to fund its traders’ trading needs.
In return, traders split a portion of their profits with the firm. This makes prop trading a win-win situation for both traders and prop firms.
However, here’s the deal breaker: You can’t just automatically get the funds whenever you want. The reality is that you need to prove yourself and surpass the prop firms’ certain evaluations before you get funded.
Before you open a Blueberry Funded account, it’s essential to go through an unbiased review of this prop firm.
Aside from reading this review, a smart move is to consider the first-hand review experiences of other traders in a reliable trading community like CommuniTrade. This is where millions of verified traders filter the hype and share trading sentiments.
See if Blueberry Funded is a good or bad prop firm on reputable communities like CommuniTrade.
What is Blueberry Funded?
Launched in 2024, Blueberry Funded is a new proprietary trading firm under Blueberry Markets (SVG) LLC. It operates from Saint Vincent and the Grenadines with Dean Hyde and Marcus Fetherston leading its team.
The Blueberry Funded prop firm offers traders-funded accounts up to $200,000 with an 80% profit split. Additionally, the no-time-limit challenges and flexible trading rules sound promising.
Additionally, Blueberry Funded recently announced the removal of its margin rule. This rule scrapped their strict 150% margin rule after traders pushed for more flexibility – a move that shows they actually listen.
With these benefits, a question arises—is this prop firm beginner-friendly? Its strict margin rules and limited educational tools might make you think twice.
Read more to weigh the risks and benefits.
Comprehensive Review of Blueberry Funded Overall Key Features
Blueberry Funded combines promising features, such as flexible challenges and diverse trading instruments. Nevertheless, taking a closer look at its respective key features is a safe precaution before committing.
Trading Instruments
Blueberry Funded offers over 60 forex pairs, indices such as NASDAQ and S&P 500, commodities like gold and oil, and major cryptocurrencies including BTC, ETH, and ADA. Additionally, its offered leverages range from 1:30 on forex to 1:2 on crypto.
This broad range supports varied strategies, but crypto traders may find the low leverage restrictive.
Trading Platforms
Traders can use MT4, MT5, TradeLocker, and DXtrade to trade using their Blueberry Funded account. These industry-standard platforms ensure fast execution.
Spreads and Commission Fees
Spreads start as low as 0.1 pips with a set $7 commission per standard lot for forex and gold trades, while commodities, indices, and crypto remain commission-free
Scaling Plan
Blueberry Funded’s scaling plan increases account size by 25% every three months, allowing traders to grow up to a maximum of $2 million if profit targets are met within drawdown limits.
Educational Resources
Blueberry Funded provides basic trading guides but lacks comprehensive webinars or advanced tutorials for beginners. This limitation often leaves new traders vulnerable to mistakes.
Customer Support
Blueberry-funded customer support is accessible via email and live chat, with mixed reviews on agent responsiveness. Some traders praised their prompt replies, while others faced delays.
Profit Split and Payout Structure
Blueberry Funded offers an 80% profit split, scalable up to 90% for consistent traders. This is also complemented by a bi-weekly payout procedure, which is typically processed within two business days.
However, payouts require three profitable trading days and at least $100 in net profit with no open trades before withdrawal.
Read more: Top Prop Firms South Africa 2025 + Forex Funding Guide
Blueberry Funded Evaluation Challenges: Fees, Split Profit, and Features
There are three evaluation evaluations of blueberry funded. Here’s a comprehensive review to help you assess which type of challenge is best suited for you.
1-Step Challenge
This is ideal for seasoned traders seeking a straightforward evaluation with no time restrictions and a competitive 80% profit split.
Account Size | One-Time Fee | Profit Target |
$5,000 | $40 | $500 |
$10,000 | $75 | $1,000 |
$25,000 | $150 | $2,500 |
$50,000 | $275 | $5,000 |
$100,000 | $550 | $10,000 |
$200,000 | $1,100 | $20,000 |
This challenge features a maximum total loss of 6%, a minimum of 3 active trading days, and allows traders to move at their own pace without deadlines.
However, the strict daily loss limits and static drawdown require disciplined risk management despite its seemingly simple structure. It suits traders confident in hitting high-profit targets without the pressure of evaluation timeframes.
2 Step Challenge
This is suited for traders who prefer gradual evaluation, focusing on consistency and controlled risk across two assessment phases.
Account Size | Phase 1 Target | Phase 2 Target |
$5,000 | $500 | $250 |
$10,000 | $1,000 | $500 |
$25,000 | $2,500 | $1,250 |
$50,000 | $5,000 | $2,500 |
$100,000 | $10,000 | $5,000 |
$200,000 | $20,000 | $10,000 |
The fees range from $35 to $1,000 depending on account size, with a 10% static drawdown providing flexibility.
This structured two-phase evaluation develops risk management habits suitable for long-term, funded trading. However, achieving both profit targets without violating daily loss limits can be challenging for beginners unfamiliar with phased assessments.
Rapid Challenge
This challenge targets aggressive traders who thrive under time pressure, with just a 7-day evaluation period, a 5% profit target, and a trailing drawdown system.
Account Size | One-Time Fee | Profit Target |
$10,000 | $50 | $500 |
$25,000 | $100 | $1,250 |
$50,000 | $200 | $2,500 |
$100,000 | $300 | $5,000 |
This enforces strict risk parameters, making it ideal for scalpers and day traders who are confident in their short-term market execution.
Despite its fast-track nature, the trailing drawdown can quickly liquidate accounts if traders fail to maintain consistent profit while controlling drawdowns relative to balance peaks.
What are the Prohibited Trading Strategies in Blueberry Funded?
Blueberry Funded enforces strict trading restrictions to maintain fair and responsible trading practices for all traders.
Prohibited strategies include:
- Overleveraging
- One-sided bets
- Hyperactive trading
- Martingale strategy
- All-in approach
- Grid trading
- Excessive scalping (holding 50% or more trades for less than a minute)
- Reverse-hand trading after losses
- Automated scalping or layering
By banning high-risk and exploitative strategies, Blueberry Funded protects its funded accounts and builds an environment focused on long-term trader success.
What are the Pros and Cons of Blueberry Funded?
Here’s a quick overview of what you need to take note of. Reassess whether it aligns with your ideals and risk appetite.
Pros | Cons |
Offers multiple challenge types | Strict drawdown rules |
High profit split up to 80% | No instant funding options |
No time limits on challenges | Limited leverage on crypto (1:2) |
Fast bi-weekly payouts | Increased fees for larger accounts |
Access to MT4, MT5, and TradeLocker | Few educational resources are available |
Funding scales up to $2 million | No free challenge retakes |
Low trading costs with tight spreads | Customer support is limited to email and chat |
Allows copy trading | Non-refundable evaluation fee |
Read more: Choosing the Best Proprietary Trading Firms in South Africa
FAQ
Is Blueberry Funded Regulated, and Safe?
Yes, it’s safe. At its core, prop trading firms, like Blueberry Funded, don’t provide broker-dealing services. With this, prop firms are not necessarily mandated to adhere to the regulatory laws of financial authorities.
Nevertheless, their partnership with ASIC-regulated Blueberry Markets backs the credibility of Blueberry Funded.
Is Blueberry a Good Investment?
For performance-focused traders, Blueberry Funded can offer strong returns—but it’s not a passive investment, as success relies on meeting strict drawdown and profit target rules.
Conclusion: Is Blueberry Funded Worth It?
Blueberry Funded makes prop trading clear and transparent with every detail and information they publish. From their promising features, expectations for every evaluation challenge, and even their rules for every prohibited strategy.
Overall, its no-time-limit policy and scaling plans support long-term growth for its funded members. On the other hand, strict trading rules and few educational resources require careful consideration.
After all, its worth depends on your trading discipline and risk management approach within this prop firm landscape.
The best thing you can do is equip yourself with knowledge and support to overcome the prop firm’s challenges. CommuniTrade is a platform where traders hone their financial literacy across forex, stocks, and crypto. You can access all of these perks in a safe environment while collaborating with your fellow trade geeks.
Before taking up the challenge of any prop firm, make sure you’re backed by knowledge, strategy, and a community that empowers your trading journey.