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BlueBerry Funded Review and Analysis

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Overview

BlueBerryFunded Proprietary Trading Firm

The firm stands out for its commitment to trader success through its sustainable challenges, which offer a clear path for skilled traders to prove their abilities and secure funding. With flexible account sizes reaching up to $200,000 and profit splits as high as 90%, Blueberry Funded offers traders the opportunity to maximize their earning potential while managing risk effectively.

Blueberry Funded supports trading across a wide range of financial instruments, including forex pairs, commodities, indices, and cryptocurrencies. This broad selection enables traders to diversify their strategies and take advantage of global market opportunities. Moreover, fast payouts and reliable infrastructure ensure that traders can focus on what they do best—trading.

Funded Accounts

BlueBerryFunded Firm Funded Account

How to Sign Up with Blueberry Funded

Signing up with Blueberry Funded is a smooth and straightforward process. The account setup begins with entering basic personal details and creating a password, followed by an instant email confirmation. No ID verification is required at this stage, which accelerates the process compared to many other firms.

The next step involves selecting a trading challenge. Blueberry Funded offers three options—1 Step, 2 Step, and Rapid—each clearly explained with details about profit targets, drawdown limits, and timelines. This makes it easy to compare options and choose the one that aligns with your trading goals. For example, I opted for the MT5 10K Two-Step Challenge, which suited my objectives.

Payment is simple, with options to pay via cryptocurrency or credit card (Visa and Mastercard). Although e-wallets like PayPal or Skrill are not supported, the available methods are secure and effective, and payment confirmation is prompt.

Once the payment is processed, you gain immediate access to the trading dashboard. The interface is clean and intuitive, displaying essential information like account metrics, drawdown, and profit targets. This simplicity makes it easy to track challenge progress, even for less experienced traders.

The trading experience itself is reliable and efficient. Trades execute smoothly, with no noticeable lag or slippage, even during high-volatility periods. Spreads are tight, particularly for forex pairs such as EUR/USD and GBP/USD, which helps keep trading costs low. This consistency ensures a dependable environment for traders, especially those using active or fast-paced strategies.

Challenge Overview

How to Pass the BlueBerry Funded Firm Challenge

Blueberry Funded offers three distinct challenge types tailored to accommodate traders with various experience levels and trading styles: the 1 Step Challenge, the 2 Step Challenge, and the Rapid Challenge. These challenges provide a clear path to accessing funded accounts with structured evaluations, achievable profit targets, and robust scaling opportunities.

1 Step Challenge

The 1 Step Challenge is a straightforward, single-phase evaluation. Traders are required to meet a 10% profit target with a static drawdown limit of 6%. This challenge has no time limits, allowing participants to progress at their own pace while ensuring a minimum of 3 active trading days during the evaluation.

Fees start at $40 for a $5,000 account and go up to $1,100 for a $200,000 account. This challenge is ideal for experienced traders with a defined strategy and strong risk management skills who value flexibility.

2 Step Challenge

The 2 Step Challenge is a multi-phase evaluation designed for traders seeking a gradual path to funding. Phase 1 requires achieving a 10% profit target, followed by Phase 2 with a reduced target of 5%. Both phases use a static drawdown of 10%, providing ample room for risk management while demanding consistent performance.

Fees range from $35 for a $5,000 account to $1,000 for a $200,000 account. This challenge is perfect for traders who prefer a structured and deliberate evaluation process, with time to refine their strategies across two stages.

Rapid Challenge

The Rapid Challenge is the fastest route to a funded account, offering a 7-day evaluation period with a 5% profit target and a trailing drawdown. This challenge is tailored to traders who excel under pressure and can quickly adapt to market conditions.

Account sizes start at $10,000 with a $50 fee, scaling up to $100,000 for $300. The rapid structure makes this challenge ideal for highly skilled traders looking for a condensed evaluation timeline.

Scaling Plans

Blueberry Funded’s scaling program allows traders to grow their accounts by 25% every three months if they achieve a 10% net profit and make at least four profit withdrawals during that period. Starting with a profit split of 80%, top-performing traders can scale up to 90%.

The maximum simulated capital allocation is $2,000,000, and traders can continue scaling indefinitely if they meet the criteria. This system supports sustainable account growth while maintaining original trading objectives.

For instance, a trader starting with a $200,000 account can grow their balance to $600,000 within two years by consistently meeting scaling goals.

Trading Rules

Blueberry Funded enforces responsible trading through clear rules. Strategies like Martingale, grid trading, and excessive scalping are prohibited, while traders are allowed to use Expert Advisors (EAs) and trade over weekends. These rules ensure fairness and promote sustainable trading practices.

Pros and Cons

Blueberry Funded provides a compelling platform for traders seeking funded opportunities, but like any firm, it comes with advantages and drawbacks. Here’s a closer look at the key pros and cons.

Let’s talk about the good stuff …

  • Generous Profit Splits: Blueberry Funded offers traders an impressive profit-sharing model, starting with an 80% split. For top performers, this can increase to 90%, ensuring traders retain the lion’s share of their hard-earned profits.
  • Diverse and Flexible Account Options: The firm caters to various trading styles and experience levels with three distinct challenges:
    • The 1 Step Challenge is straightforward, with no time constraints, allowing traders to work at their own pace.
    • The 2 Step Challenge is ideal for those who value a structured, multi-phase evaluation with extra time to showcase consistency.
    • The Rapid Challenge appeals to fast-paced traders who can meet targets in a short, 7-day period.
  • Encouragement of Risk Management: Blueberry Funded enforces clear drawdown limits to promote disciplined and sustainable trading. This ensures traders remain focused on responsible strategies.

...and the bad

  • Complexity of Multi-Phase Evaluations: While the 2 Step Challenge offers a gradual approach, it may be too demanding for traders seeking immediate access to funded accounts. The two-phase process requires patience and consistent performance, which might deter those looking for quicker results.
  • Higher Costs for Instant Funding: Fees for instant funding accounts are on the higher side, which could be a drawback for budget-conscious traders. This pricing structure might limit access for those unwilling to invest heavily upfront.
  • Limited Educational Resources: Blueberry Funded lacks structured educational content such as tutorials or training videos. While the Discord community and 24/5 customer support provide valuable insights, traders looking for formal learning resources might find this aspect lacking.

Evaluation Metrics

Overall metrics

  • Challenge difficulty: Blueberry Funded provides versatile challenges to match different trading styles. The 1 Step Challenge offers simplicity, the 2 Step Challenge allows for a gradual evaluation, and the Rapid Challenge caters to fast-paced traders. With clear scaling plans up to $2 million and profit splits reaching 90%, Blueberry Funded creates strong opportunities for sustained growth and success.
  • Customer support: Blueberry Funded offers reliable 24/5 customer support via email and live chat, ensuring prompt assistance during the trading week. The comprehensive FAQ section addresses most common queries, making it a helpful resource. However, weekend inquiries may face up to 24-hour delays, and the firm lacks extensive educational tools, relying mainly on Discord and a limited YouTube presence. While effective for immediate support, broader resources and weekend availability could enhance the experience.
  • Fee: Blueberry Funded offers some of the best trading conditions in the industry, with raw spreads and clear commissions that cater well to active and high-volume traders. While forex and gold traders benefit the most, spreads on pairs like USD/CAD and USD/JPY could be more competitive.
  • Payout scheme: Traders with funded accounts through the Two-Step, One-Step, or Rapid Challenges are eligible for payouts. The first payout is available 14 days after achieving funded status, with subsequent payouts every 14 days. To qualify, traders must complete a minimum of 3 active trading days within each payout period. Profit splits start at 80% and can increase to 90% based on account performance.

Frequently Asked Questions (FAQs):

Who are the founders of BlueBerryFunded?
Marcus Fetherston has been appointed General Manager at Blueberry Funded.
Which broker does BlueBerryFunded use?
Blueberry Funded is backed by globally recognized broker Blueberry Markets.
Does Blueberry Offer CFD Trading?
Yes, Blueberry offers CFD and forex trading through Blueberry Markets.
How trusted is BlueBerry Funded?
The trusted source of information on fintech matters SBO, gave BlueBerry Funded a 4.25/ 5.00 rating based on analysing 20+ criteria and testing. BlueBerry Funded is currently in 3rd place in this ranking. FunderPro is currently rank as the number one.

BLUEBERRY FUNDED Social proof

BLUEBERRY FUNDED Social proof is the reviews, testimonials, and social shares that customers provide about BLUEBERRY FUNDED that help lead others to make any purchase decisions. Last Updated Date: 21/08/2024
Channel BlueBerry Funded Social proof
Instagram Account with 4.2k followers
Facebook
Twitter Account with 7k followers
Youtube
Telegram Does not have a Telegram channel
Discord Account with 14.9k followers

Traders comments and Reviews about BLUEBERRY FUNDED

Sites like Trustpilot provide excellent third-party social proof. Please be aware that there is no guarantee whether or not fake reviews are or are not present. These can lead to bias and compromise the reliability of reviews.
TrustPilot BlueBerry Funded TrustPilot Customer Reviews, Feedback and Complaints
Trustpilot On Trustpilot, BlueBerry Funded has currently 72 number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.10/5.00. Reviewers embracing BlueBerry Funded most frequently mention Great trading conditions and fast payouts. BlueBerry Funded also has a fast and reliable support team that will provide you with all the necessary information you require from them or if you are unsure of anything.

BlueBerry Funded firm's reply behavior to negative reviews is up to the standard having replied to 86% negative reviews with a response time to their negative reviews in less than 14 days.

BlueBerry Funded  Read TrustPilot Customer Reviews, Feedback and Complaints

Real Benefits according to the Positive Users' Reviews

  • Great trading conditions and fast payouts

Main Complains according to the Users' Reviews

  • Comissions ARE HUGE
I lost $105 from actual trades and found out that I ALSO lost $175 ONLY from comissions. That's insane!! Most of your profits become comissions, so you can fail more easily of course.

TrustPilot Reviews' Key takeaway

Are you Satisfied with what They Offer?

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