High profit split
Flexible funding models
Rapid evaluation accounts
Competitive fees
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Who Are Blueberry Funded?
Blueberry Funded was established in August 2024 and is based in Saint Vincent and the Grenadines. The firm operates as a proprietary trading firm under Blueberry Markets, offering an excellent balance between flexibility and growth for traders aiming to manage larger funds. This broker-supported benefit provides traders with access to a dependable and high-performing trading infrastructure, elevating the standards of trust and security within the prop trading industry.
Blueberry Funded sets itself apart from competitors by prioritizing a professional, growth-oriented trading atmosphere that emphasizes lasting achievement over quick profits.
Drawing on nearly ten years of brokerage experience and extensive knowledge of prop firm operations, Blueberry Funded delivers top-tier technology and optimal trading conditions for its traders.
Profit Split
Profit split is 80% and can increase to 90%, depending on trader performance.
Leverage
For trading Forex, you can leverage up to 1:30 on 1 Step Evaluation or 1:50 on 2 step Evaluation.
Profit Targets/Drawdown
1-Step Evaluation Accounts:
Profit Target: 10%
Max Drawdown: 6%
Max Daily Loss: 4%
2-Step Evaluation Accounts:
Profit Target: Phase 1: 10%, Phase 2: 2.5%
Max Drawdown: 10%
Max Daily Loss: 5%
Rapid Evaluation Accounts:
Profit Target: 5%
Max Drawdown: 4%
Max Daily Loss: 3%
Commissions
Trading commissions are set at $7 per lot. BlueBerry Funded offer raw spreads starting as low as 0.1 pips. A commission of USD $7 per standard lot is charged on FX currency pairs.
Trading Platforms
Blueberry Funded supports popular trading platforms such as MetaTrader 4, MetaTrader 5 and DXTrade.
Account Types & Fees
Blueberry Funded imposes a maximum simulated capital allocation of $400,000 per individual, which can be a single account or split across multiple accounts.
Key Features
Broker Backed Firm
Ensures that traders benefit from a dependable and secure trading infrastructure, raising the bar for trust and reliability in the prop trading industry.
90% Upgraded Profit Share
Traders starting with a $200k account and who meet the scaling criteria will benefit from an upgraded profit share of up to 90%.
Ongoing Scaling
Increases to funded account every 3 months if objectives are met, with trading objectives remaining the same as your original plan on increased balance.
Rigorous and Sustainable Evaluations
The firm emphasizes a structured and sustainable evaluation process to ensure traders are adequately prepared to handle live capital. This focus helps build long-term trading success rather than short-term gains.
Pros and Cons
Pros
- Generous Profit Split: An 80% profit share on all accounts, with up to 90% given for upgraded accounts.
- Flexible Account Types: The 1 Step Challenge is simple and has no time restrictions, while the 2 Step Challenge allows more time to demonstrate consistency. The Rapid Challenge is designed for traders who can achieve targets quickly.
- Clear Risk Management: Strict drawdown limits to encourage disciplined trading.
Cons
- Evaluation Challenge: The two-phase evaluation can be challenging for traders who prefer faster access to live accounts.
- Higher Fees for Instant Funding: The cost for instant funding accounts is higher, which may be a deterrent for some traders.
- Lack of Educational Content: The primary learning resource is the Discord community, as there are no trading tutorials or educational videos. While customer support is available 24/5 and is beneficial, the lack of structured educational materials might be a downside for those seeking more formal learning resources.
Evaluation Process Breakdown
The 1 Step Challenge offers a single-phase evaluation where traders need to reach a 10% profit target with a 6% static drawdown limit. Without any time constraints, traders can move at their own pace, but they must have at least 3 active trading days during the evaluation.
The 2 Step Challenge is divided into two phases, with separate profit goals for each stage. In Phase 1, traders must achieve a 10% profit target, followed by Phase 2, which has a reduced target of 5%. This challenge features a 10% static drawdown, providing flexibility while demanding consistent performance over both phases.
The Rapid Challenge is the fastest route to funded trading, with a 7-day evaluation period and a 5% profit target. It utilizes a trailing drawdown, which adjusts with account performance, emphasizing the importance of effective risk management.
Scaling Opportunities
Compared With Other Forex Props
Compared to FTMO:
Blueberry Funded offers a more affordable evaluation process and faster payout cycles, which may attract traders seeking quicker access to capital. However, FTMO’s well-established platform, wider variety of trading platforms, and tools make it a favorite for more experienced traders who value consistency and structured evaluations.
Compared to The 5%ers:
The 5%ers emphasizes low risk with no time constraints on evaluations, ideal for traders focused on long-term growth and sustainability. In contrast, Blueberry Funded provides a faster-paced evaluation process, making it more suitable for traders aiming to access funds quickly. The 5%ers caters to conservative traders, while Blueberry Funded appeals to those looking for speed and efficiency.
Compared to Funded Trading Plus:
Both Blueberry Funded and Funded Trading Plus offer user-friendly evaluations and flexible profit splits. Blueberry Funded stands out with its quicker payout cycles and lower costs, which are beneficial to traders wanting swift financial rewards. Funded Trading Plus, however, offers more flexibility in terms of trading style and conditions, appealing to traders looking for variety and adaptability in their prop trading journey.
Compared to FundedNext:
Blueberry Funded features simpler evaluation processes with fewer trading restrictions, making it easier for beginners. FundedNext, however, offers higher leverage options and multiple evaluation models, catering to traders who want more flexibility and larger capital access. Blueberry Funded appeals to traders looking for a streamlined, no-frills approach, while FundedNext supports a wider range of trading styles.
Quickly compare specific features across multiple prop firms at a glance, or explore a comprehensive side-by-side comparison of all key features using our prop firm comparison tool.
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Currency Pairs
Prohibited Trading Practices
Blueberry Funded outline certain prohibited trading strategies as follows:
- No News Trading Policy: Restricts trading during significant economic news releases to prevent excessive market volatility and ensure a fair trading environment for all clients. The trader must refrain from opening or closing trades (This includes setting pending orders whether buy/sell stops or limits that get triggered) 10 minutes before and 10 minutes after high-impact (red folder) news events on both evaluation and earning accounts.
More details on their website: Do you allow News Trading? | Blueberry Funded Help Center
- Excessive Scalping: This refers to holding 50% or more of your trades for less than one minute.
- Martingale Strategy: This involves maintaining five open positions that are in drawdown on the same currency pair simultaneously.
- “All In”: Executing a trade in one direction without risk management (e.g., no stop-loss), where the outcome either passes or fails the challenge in one attempt, is discouraged. The firm strongly suggest maintaining margin above 150% to maintain effective trade flow.
- Grid Trading: This involves opening multiple trades at predetermined intervals, forming a grid-like pattern, often without a defined risk management strategy.
Payout Information
Initial Payout:
You can request your first payout 14 days after making your first trade in your Earnings Account, as long as you have met all the requirements displayed in your dashboard and complied with the applicable rules and guidelines.
Subsequent Payouts:
Future payouts can be requested 14 days after your previous payout has been approved, provided all the dashboard requirements are fulfilled and you continue to follow the rules and guidelines.
Payouts typically take between 1-2 business days to process.
Payment Methods
Blueberry Funded are partnered with RiseWorks to provide traders with a range of different payout options.
Cryptocurrency Payouts: Can be made by USDC and USDT-TRC-20.
Marcus Fetherston is the General Manager of Blueberry Funded.
His background in the financial sector includes several leadership roles. Prior to joining Blueberry Funded in August 2024, he was the Director and Chief Product Officer at PropTradeTech, a Melbourne-based firm focused on trading technology, from 2023 to 2024. Before that, he held the position of Director of Operations at Eightcap, another financial firm in Melbourne, from 2020 to 2023. He also worked at Pepperstone, where he advanced through roles from Operations Officer to Operations Team Lead between 2017 and 2020.
At Blueberry Funded, Fetherston emphasizes the firm’s commitment to innovation and supporting traders with up to $400,000 in simulated capital and access to popular trading platforms like MT4, MT5, and DX Trade. He has also contributed to industry discussions, such as his participation in a panel at the Finance Magnates London Summit 2023, where he spoke about the convergence of prop trading and retail brokerage services.
Key Takeaway
If you’re seeking a prop trading firm with a fast-paced evaluation process, low-cost entry, and quick payouts, Blueberry Funded could be the perfect fit. It’s designed for traders who want simplicity and efficiency, making it ideal for those looking to access capital quickly without complex restrictions. Those who seek higher leverage or more diverse evaluation models may want to explore alternatives.
If Blueberry Funded sounds like the right match for you, visit their site and gain access to up to $400,000 in simulated capital, a high profit split, and an infrastructure built on trust and reliability
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