Blueberry Funded Review 2026

The Broker-Backed Prop Firm — ASIC-Regulated Parent, Founding TPA Member, and the Most Permissive 2-Step in Its Class

★ 4.3/5
📅 April 2026 🎯 Traders prioritising broker-backed credibility and maximum rule flexibility on a sub-$50 entry
Visit Blueberry Funded

Last Updated: April 2026 MyPropGenius Rating: 4.3/5 Status: Active — Operating since August 2024 (prop arm) / 2017 (parent broker)

Quick Facts

Feature Details
Launched August 2024
Operating Entity Blueberry Markets LLC (St. Vincent & the Grenadines)
Backed By Blueberry Markets — ASIC-regulated Australian forex broker (8+ years operation)
Parent Broker Entity Blueberry Australia Pty Ltd, ABN 67 646 513 797, AFSL 000535887
Industry Affiliation Founding member of The Prop Association (TPA) since April 2025
Focus Forex, crypto, indices, commodities, metals
Asset Coverage FX pairs, gold, silver, oil, indices, crypto, plus custom synthetic indices
Evaluation Programmes 1-Step, 2-Step Prime, 2-Step Classic, Rapid, Instant Funding, 10-Day Rapid Challenge, Synthetic Challenge
Account Sizes $10,000 – $200,000 (scales to $2,000,000)
Profit Split Up to 80%; paid add-ons available for split upgrades
Entry Pricing From $25 (smallest $5K configuration) — among the cheapest in the industry
Platforms MetaTrader 4 (rare), MetaTrader 5, DXtrade, TradeLocker
Drawdown Type Static on Prime/Classic; varies by programme
Daily Drawdown (2-Step Prime) 4%
Maximum Drawdown (2-Step Prime) 10%
Profit Targets (2-Step Prime) 8% Phase 1, 6% Phase 2
Leverage 1:30
Time Limit None
Min Trading Days 5 (Prime); varies by programme
Consistency Rule None on 2-Step Prime
News Trading Allowed
Weekend Holding Allowed
EAs / Algo Trading Allowed
Martingale Allowed (Prime)
Scaling Plan $2M cap via 10% net profit over 3 consecutive months + 4 payouts in 3-month period
Payout Cadence 14-day cycle after first payout
Payout Processing 24 hours per firm site
Active Traders 15,000+
Documented Payouts $5M+ (homepage stat)
Discord Members 32,700+
Sister Arm Blueberry Futures (separate futures-focused product)
Trustpilot 4.1-4.3/5 from 600+ reviews — Trustpilot guideline-breach flag present
DealPropFirm Verdict 93/100 (3rd in 2026 rankings) — positive third-party
Restricted Countries US, Australia, Cuba, Iran, Iraq, Myanmar, North Korea, Russia, Somalia, Syria, UAE, Yemen, Afghanistan

What Is Blueberry Funded?

Blueberry Funded is the prop firm arm of Blueberry Markets, an ASIC-regulated Australian forex broker that has operated for 8+ years. The prop product launched in August 2024, registered through Blueberry Markets LLC in St. Vincent & the Grenadines. The broker-backed structure is the firm's defining feature — Blueberry Markets brings the operational infrastructure, liquidity relationships, and dispute resolution maturity that pure prop-only firms typically lack.

The firm operates under the regulated parent entity Blueberry Australia Pty Ltd (ABN 67 646 513 797, AFSL 000535887), with the prop arm itself in St. Vincent. This dual-jurisdictional setup is increasingly common — broker-regulated parent provides credibility and infrastructure; prop-arm offshore registration provides the operational flexibility to run challenge-based simulated accounts. The legal framing is similar to most modern prop firms: traders purchase access to evaluation and simulated funded accounts, with payouts contingent on rule compliance.

Blueberry Funded was a founding member of The Prop Association (TPA) when the industry self-regulatory body launched in April 2025 — a meaningful credibility signal indicating commitment to industry standards on dispute resolution, terms transparency, and trader protection.

By the numbers: $5M+ in documented payouts (homepage stat), 15,000+ active traders, 32,700+ Discord members, and seven challenge types covering nearly every evaluation style in the industry. Account sizes from $10,000 to $200,000 with scaling to $2,000,000. Pricing starts at $25 on the smallest configuration — among the cheapest entry points in the industry.

The 4.3/5 MyPropGenius score reflects the broker-backed credibility, the founding TPA membership, the multi-platform availability (including the rare MT4 support), and the industry-low entry pricing — balanced against the documented Trustpilot guideline-breach flag, the negative reviews citing "Toxic Trading" account terminations under clauses 12.2/12.3, the under-2-year operating track record on the prop arm specifically, and the disputed handling of weekend gap stop-losses ("stop loss is only a trigger" per some review responses).

The Seven Evaluation Programmes

Blueberry Funded offers seven distinct challenge types — one of the broadest evaluation menus in the industry. Programme choice matters significantly: drawdown type, time limits, and rule sets vary substantially across the lineup.

2-Step Prime (most popular, broker-grade rules)

Two-phase evaluation with broker-grade rule simplicity. Phase 1: 8% profit target. Phase 2: 6% profit target. 4% daily drawdown. 10% maximum drawdown (static). 5 minimum trading days. 1:30 leverage. No consistency rule. No time limit. Up to 80% profit split (paid add-ons available for higher splits). Allows news trading, weekend holding, EAs, and martingale strategies. The 2-Step Prime is the cleanest evaluation in Blueberry's lineup and the closest to the ruleset traders coming from FTMO or The5ers will find familiar.

2-Step Classic

Traditional two-phase evaluation with industry-standard parameters. Static drawdown. The Classic positioning targets traders comparing to FTMO Standard, FundedNext Stellar 2-Step, and similar conventional 2-Step structures.

1-Step Challenge

Single-phase evaluation for traders who want a faster path to funded. Specific targets and drawdown vary by configuration tier.

Rapid (speed-focused)

Speed-funding option for confident traders. Lower profit targets and tighter rules in exchange for faster funding. The Rapid is Blueberry's competitive answer to E8's E8 One real-time configurations and FXIFY's 1-Phase Rapid.

Instant Funding

Skip the evaluation entirely. Pay an upfront fee for immediate access to a simulated funded account with stricter rules. Used as the no-evaluation entry point for traders with strong existing strategy confidence.

10-Day Rapid Challenge

Time-bounded variant. 10-day window to hit profit targets. Designed for traders who thrive under time pressure and want challenge structure rather than open-ended evaluation.

Synthetic Challenge

Distinctive offering using custom synthetic volatility indices rather than real market instruments. Designed for traders specifically running synthetic-index strategies. The Synthetic Challenge is rare in the prop firm space — Deriv's volatility indices are the closest comparable product, but Blueberry's offering is integrated into its broader prop ecosystem.

Programme choice guidance: the 2-Step Prime is the recommended starting point for most traders — broker-grade rules, no consistency requirement, generous trading flexibility. The Synthetic Challenge is highly specialised. The Rapid and 10-Day Rapid Challenge are for confident traders willing to trade time pressure for cheaper or faster funding. Instant Funding is the highest-friction option due to its compressed rule structure.

Profit Splits, Payouts & The Scaling Pathway

Profit split structure. Default is up to 80%, with paid add-ons available to upgrade splits. The split scaling is less aggressive than competitors offering 90% or 100% via scaling milestones (Funded Trading Plus, FundedNext Pro tier, FXIFY with split add-ons), and reaching higher splits typically requires upfront fee increases rather than performance-based scaling.

Payout cadence. First payout cycle on standard programmes; subsequent payouts on a 14-day cycle. The firm's site advertises 24-hour payout processing for compliant traders. Trader reports across positive Trustpilot reviews generally confirm 24-72 hour processing for clean, in-rule withdrawals. Negative reviews dispute this — some traders report payout disputes 3 days before scheduled disbursement, with associated support delays.

Scaling plan. Scaling to $2,000,000 maximum capital requires:

The dual-criteria scaling structure is more demanding than firms scaling on simpler milestones (e.g., Funded Trading Plus's 10% per scale milestone). The 3-month consecutive profit requirement specifically rewards consistency over single-month spikes — a structurally cleaner scaling path but slower to reach the top tier.

Documented payouts: $5M+. Per Blueberry's homepage. This is meaningfully smaller than the top-tier prop firms (FTMO at $200M+, FundedNext at $261M+, Funded Trading Plus at $19.5M+), reflecting Blueberry Funded's under-2-year operating history. The $5M+ figure indicates a real, functioning prop firm with actual payout flow — but not yet at the scale of established competitors.

Active traders: 15,000+. Less than top-tier firms but consistent with a 2024-launched prop arm scaling steadily. The Discord community of 32,700+ members suggests a meaningful trader engagement footprint beyond the active funded-trader population.

Sister arm: Blueberry Futures. Operates as a separate futures-focused product with distinct rules and account structure. Not interchangeable with Blueberry Funded forex/crypto/indices accounts.

Payout method. Standard processing through the broker-backed payment infrastructure. Bank transfer and cryptocurrency typically supported.

Drawdown Rules & Stop-Loss Execution

Blueberry Funded's drawdown rules vary by programme, but the headline programmes (2-Step Prime, 2-Step Classic) use static drawdown calculated from initial balance — a structural advantage over competitors using trailing models. This is consistent with broker-backed prop firms that mirror live-account risk management rather than challenge-driven trailing equity tracking.

2-Step Prime drawdown rules:

The static drawdown advantage. On a $50,000 2-Step Prime account, the maximum drawdown floor is locked at $45,000 regardless of how much profit you make. A trader who reaches $55,000 doesn't see the floor move up to a "trailing" level — it remains at $45,000, providing genuine cushion as profits accumulate. This is structurally significantly more forgiving than trailing models on E8 One, FXIFY 1-Phase, or GFT.

Programme drawdown variations. Other Blueberry programmes (1-Step, Rapid, Instant, 10-Day) use programme-specific drawdown rules. Verify your specific programme's parameters before purchase — the static drawdown advantage applies most clearly to 2-Step Prime and 2-Step Classic.

Floating losses count. Drawdown calculations include unrealised losses on open positions. A trade $1,000 underwater intraday counts toward the drawdown floor even if it later closes profitable.

Weekend gap stop-loss handling — disputed. Multiple negative reviews document stop-losses not being honoured during weekend gap events, with the firm responding that "stop loss is only a trigger" rather than a guaranteed execution. This is broker-grade language (stop-loss orders execute at next available price after triggering, not at the trigger price itself, particularly during gap events) but creates trader friction when accounts breach during weekend gaps that exceed expected stop-loss execution.

Leverage: 1:30. Lower than competitors offering 1:50 or 1:100 — reflects the broker-backed regulatory infrastructure rather than the challenge-driven leverage models common at offshore-only prop firms. The 1:30 leverage is consistent with what ASIC-regulated retail accounts at the parent broker would offer, and is appropriate for risk-sensitive trading. Aggressive leverage seekers may find competitors more permissive, but 1:30 is structurally safer.

Trading Rules & The 'Toxic Trading' Clauses

Blueberry Funded's rule sets vary by programme but headline programmes are notably permissive compared to other broker-backed firms. The 2-Step Prime in particular is one of the most flexible rule structures in the industry.

News trading. Allowed. No window restrictions or profit caps around event-driven trading on most programmes.

Weekend holding. Allowed.

EAs and automated trading. Allowed across most programmes.

Martingale strategies. Allowed on Prime — meaningfully unusual for a broker-backed firm. Most regulated-broker-backed prop firms restrict martingale due to the regulatory association with retail account blow-ups; Blueberry's permissive stance indicates the prop arm's offshore registration provides the rule flexibility that a pure ASIC-regulated product couldn't.

Consistency rule. None on 2-Step Prime. Many competitors enforce 30-50% best-day consistency caps; Blueberry doesn't on the headline product. This is a meaningful advantage for traders whose strategies produce concentrated single-session returns.

Time limits. None on most programmes. The 10-Day Rapid Challenge is the time-bounded exception.

Minimum trading days. 5 on 2-Step Prime; varies by programme.

Country restrictions. Significant geographic restriction list:

The US and Australia exclusions are particularly relevant — many traders coming from US-friendly competitors like Funded Trading Plus or BluSky Trading Co will find Blueberry inaccessible. UAE residents are also excluded, despite the prop industry's heavy UAE marketing presence.

Account terminations under clauses 12.2/12.3. Multiple negative Trustpilot reviews document account terminations citing "Toxic Trading" under terms clauses 12.2 and 12.3. The cited reasons in trader complaints typically involve aggressive scaling, news exploitation, or strategy patterns the firm interprets as gaming the rules — but trader disputes contest whether the cited behaviour was actually rule-violating. This is a documented friction point that traders should understand: Blueberry retains termination discretion under broad "toxic trading" clauses, and the firm uses this discretion at its own interpretation.

Stop-loss execution language. Per documented negative review responses, "stop loss is only a trigger" — meaning stop orders trigger an execution attempt but execute at next available price during gap events. This is standard broker behaviour but stricter than the implicit "guaranteed stop" expectation some traders have. Plan position sizing around realistic gap risk on weekend-held positions.

Inactivity policy. Verify with current Blueberry terms. Industry-standard inactivity periods range from 30-90 days.

Trustpilot Sentiment: The Honest Picture

4.1-4.3/5 Trustpilot rating from 600+ reviews as of early 2026. Trustpilot has flagged the company for guideline breaches — a documented red flag, though less severe than competitors with full review-removal patterns. The score range (4.1-4.3) reflects month-over-month variance and the impact of the guideline-breach flag on score weighting.

What positive reviews praise:

What negative reviews complain about:

Third-party verdicts. DealPropFirm scored Blueberry Funded 93/100 and ranked it 3rd in 2026 prop firm rankings — a strongly positive third-party signal. ForexPeaceArmy reviews are more mixed, with documented negative trader experiences alongside positive payout reports.

The honest read: Blueberry Funded is a structurally credible firm with broker-backed operational infrastructure, founding TPA membership, and documented payouts to 15,000+ active traders. The negative pattern concentrates around (a) the "Toxic Trading" termination clauses, (b) weekend gap stop-loss execution disputes, and (c) the Trustpilot guideline-breach flag. The 4.3/5 MyPropGenius score reflects this honestly — meaningful broker-backed credibility balanced against documented friction points that traders should understand before committing.

How Blueberry Funded Stacks Up Against Competitors

FeatureBlueberry FundedFunded Trading PlusFXIFYFundedNext
Broker BackingBlueberry Markets (ASIC-regulated, 8+ years)Eightcap (ASIC) and ThinkMarketsFXPIGFundedNext Markets (CySEC)
Profit SplitUp to 80% (paid add-ons for higher)80% → 90% → 100% (via scaling)80% base, 90% with add-on80% → 90% (95% via add-on)
Evaluation Variety7 paths (Prime, Classic, 1-Step, Rapid, Instant, 10-Day, Synthetic)3 core (Master + 1-Step + 2-Step)7 paths4 CFD + 3 Futures models
Drawdown TypeStatic (Prime/Classic); varies by programmeStatic or trailing variesStatic or trailing variesStatic (5% daily, 10% max)
Time LimitUnlimited (most paths)UnlimitedUnlimitedUnlimited
Consistency RuleNone on 2-Step PrimeNone on mostNone on mostNone on CFDs
Leverage1:30Up to 1:100VariableUp to 1:100
News TradingAllowedAllowed (not on Master)Allowed (not on Instant)Allowed
MartingaleAllowed (Prime)RestrictedRestrictedRestricted
EAs / AutomationAllowedAllowedAllowedAllowed
PlatformsMT4, MT5, DXtrade, TradeLockerMT4, MT5, cTrader, DXtradeMT4, MT5, DXtrade, TradeLockerMT4, MT5
Min Trading Days (Prime)5None on Master4 typical5 benchmark days (1-Step)
Total Paid (Reported)$5M+ (homepage)$19.5M+$30M+ trailing 12 months$261M+
Trustpilot4.1-4.3 (600+; guideline-breach flag)4.4-4.5 (2.6K+)4.3 (4K+)4.6 (30K+)
Operating History (Prop Arm)Since August 2024Since 2021Since 2023Since 2022
Industry AffiliationTPA founding member (April 2025)IndependentIndependentIndependent

Where Blueberry wins: Broker-backed credibility through ASIC-regulated parent (8+ years operating), founding TPA membership, MetaTrader 4 support (rare in modern prop offerings), industry-low $25 entry pricing, no consistency rule on 2-Step Prime, permissive rule set including martingale, static drawdown on headline programmes, and seven evaluation programme variety including the unique Synthetic Challenge.

Where Blueberry loses: Under-2-year prop arm operating history (vs FTMO's decade+, FundedNext's 4+ years, Funded Trading Plus's 5+ years), $5M+ documented payouts is meaningfully smaller than competitors at $19.5M-$261M+, the Trustpilot guideline-breach flag, the documented "Toxic Trading" account terminations and stop-loss execution disputes, US/Australia/UAE restrictions excluding major trader segments, 1:30 leverage below competitors at 1:50-1:100, and higher-tier profit splits gated behind paid add-ons rather than performance scaling.

Pros

Cons

Who Should Use Blueberry Funded?

Blueberry Funded is the right pick for traders who value broker-backed credibility, want maximum rule flexibility, and accept the under-2-year prop-arm track record in exchange for the $25 entry pricing and TPA membership signal. Specifically:

Who Should Avoid Blueberry Funded?

Blueberry Funded is the wrong pick for traders prioritising track record depth, requiring high leverage, located in restricted jurisdictions, or running strategies the firm has terminated under "Toxic Trading" clauses. Specifically:

Frequently Asked Questions

Is Blueberry Funded legit? Yes. Blueberry Funded is operated by Blueberry Markets — an ASIC-regulated Australian forex broker (Blueberry Australia Pty Ltd, ABN 67 646 513 797, AFSL 000535887) that has operated for 8+ years. The prop arm launched in August 2024, registered through Blueberry Markets LLC in St. Vincent. The firm is a founding member of The Prop Association (TPA), DealPropFirm scores it 93/100 with 3rd place in 2026 rankings, and the firm has documented $5M+ in payouts to 15,000+ active traders. The credibility framework is real. The friction points are documented — Trustpilot's guideline-breach flag, the 'Toxic Trading' clause terminations, and the weekend gap stop-loss disputes — but the underlying operation is structurally credible.

What is the 2-Step Prime ruleset? Blueberry's headline 2-Step programme. Phase 1 requires 8% profit, Phase 2 requires 6% profit. Daily drawdown 4%, maximum drawdown 10% (static, calculated from initial balance). 5 minimum trading days. 1:30 leverage. No consistency rule. No time limit. Up to 80% profit split. Allows news trading, weekend holding, EAs, and martingale strategies. The 2-Step Prime is one of the most permissive rule structures in the industry.

What are clauses 12.2 and 12.3? Blueberry's terms include 'Toxic Trading' clauses (12.2 and 12.3) that grant the firm discretion to terminate accounts whose trading patterns it considers exploitative or rule-evading. Multiple negative Trustpilot reviews document accounts terminated under these clauses with traders disputing the cited justifications. The clauses cover behaviour like news exploitation, pattern abuse, or strategy interpretation that the firm considers gaming the rules. Traders running aggressive or unconventional strategies should understand these clauses grant Blueberry termination discretion.

Why are stop-losses sometimes not honoured? Per documented negative review responses, Blueberry's terms describe stop-loss orders as triggers rather than guaranteed executions — meaning during gap events (typically weekends), stop orders trigger an execution attempt but execute at next available price rather than at the trigger price. This is standard broker behaviour for non-guaranteed stops, but stricter than the implicit 'guaranteed stop' expectation some traders have. Plan position sizing around realistic gap risk on weekend-held positions.

How does Blueberry compare to FTMO? FTMO has a longer track record (a decade vs Blueberry's under-2-year prop arm), much higher documented payout volume ($200M+ vs $5M+), Trustpilot reputation depth (4.8/5 from 41K+ reviews vs 4.1-4.3/5 from 600+ with guideline-breach flag), and similar broker-grade rule simplicity. Blueberry offers broader programme variety (7 paths vs FTMO's 1-Step or 2-Step), MT4 support, the unique Synthetic Challenge, and lower entry pricing. Choose FTMO for proven scale and reputation depth; choose Blueberry if the rule flexibility, programme variety, and TPA membership signal matter more than the track record.

How does the scaling work? Scaling to $2M maximum capital requires two simultaneous criteria: (1) 10% net profit accumulated over 3 consecutive months, AND (2) 4 payouts received within a 3-month period. The dual-criteria structure rewards consistency over single-month spikes. Most traders won't reach the $2M cap; the realistic mid-tier ceiling for sustained performers is in the $50K-$200K range based on the scaling cadence.

What is the Synthetic Challenge? A distinctive Blueberry offering that uses custom synthetic volatility indices rather than real market instruments. The Synthetic Challenge is rare in the prop firm space — Deriv's volatility indices are the closest comparable product. Designed for traders specifically running synthetic-index strategies who want prop-firm capital allocation against this asset class. Outside of synthetic-index specialists, most traders should choose Blueberry's standard programmes (2-Step Prime particularly).

Are payouts actually delivered? Yes, for compliant traders. The firm advertises 24-hour payout processing, and trader reports across positive Trustpilot reviews generally confirm 24-72 hour processing for clean withdrawals. The friction concentrates in (a) the 14-day payout cycle requiring patience between requests, (b) payout disputes 3 days before scheduled disbursement reported in some negative reviews, and (c) account terminations under 'Toxic Trading' clauses that prevent payouts for disputed strategy patterns. Reading the rules and operating within Prime's permissive-but-defined framework is the most effective protection.

Can I trade if I'm in the US? No. The United States is on Blueberry's restricted countries list. Australia, UAE, and other jurisdictions are also restricted. US traders should look at competitors like Funded Trading Plus, Topstep, BluSky Trading Co, or other US-friendly options. The US restriction is consistent across most offshore-registered prop arms despite Blueberry's ASIC-regulated parent.

Final Verdict

Blueberry Funded is the broker-backed prop firm with one of the broadest evaluation menus in the industry, founding TPA membership, ASIC-regulated parent broker credibility, and the most permissive 2-Step rule structure in its category. The combination of $25 entry pricing, MetaTrader 4 support (rare in modern prop offerings), the unique Synthetic Challenge, static drawdown on Prime/Classic, and the absence of consistency rules on the headline programme creates structural advantages competitors with simpler menus or stricter rules don't have.

The honest concessions are real and concentrated. The prop arm launched only in August 2024 — under two years of operating history doesn't compare to FTMO's decade, FundedNext's 4+ years, or Funded Trading Plus's 5+ years. The $5M+ documented payouts is meaningfully smaller than top-tier competitors at $19.5M-$261M+. Trustpilot's guideline-breach flag is documented. Negative reviews citing "Toxic Trading" account terminations under clauses 12.2/12.3 indicate Blueberry retains broad termination discretion. The weekend gap stop-loss execution disputes are real friction points for traders depending on guaranteed stops. The 1:30 leverage is below offshore-only competitors. The US, Australia, and UAE restrictions exclude meaningful trader segments.

Bottom line: Blueberry Funded is the right pick for traders who value broker-backed credibility, founding TPA membership, and the most permissive rule structure in the broker-backed prop category — and who can accept the under-2-year prop-arm track record in exchange. The 4.3/5 MyPropGenius score reflects honestly: a structurally credible firm with broker backing, real industry affiliation, and demonstrably permissive rules, balanced against the under-2-year prop track record, the documented termination clause friction, and the smaller payout volume than top-tier competitors. If you trade discretionary strategies on the 2-Step Prime, accept 1:30 leverage as a structural feature, and aren't located in restricted jurisdictions, Blueberry's combination of broker backing and rule flexibility is hard to match elsewhere.

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