IG
Blueberry Markets
IG vs Blueberry Markets
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
IG and Blueberry Markets are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. IG, founded in 1974 and headquartered in London, UK, is regulated by FCA, ASIC, MAS, BaFin and offers spreads starting from 0.6 pips with a minimum deposit of $250. Blueberry Markets, established in 2016 in Melbourne, Australia, holds licenses from ASIC with spreads from 0.0 pips and a $100 minimum deposit. In our hands-on testing across 8 scoring categories, IG scored 9.2/10 overall compared to Blueberry Markets's 7.3/10, making it the stronger pick for most traders. That said, Blueberry Markets holds its own with overall value, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
IG scores 9.2/10 overall vs 7.3/10 for Blueberry Markets — a 1.9-point difference.
- 💵
Blueberry Markets requires just $100 to start, while IG needs $250 — Blueberry Markets is 3x more accessible.
- 📈
IG offers 17,000+ instruments vs 300+ at Blueberry Markets — a massive gap in market coverage.
- 🖥️
IG runs on IG Platform, MT4, ProRealTime, L2 Dealer, while Blueberry Markets uses MT4, MT5 — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Research & Analysis: IG scores 9.5 vs 6.5 for Blueberry Markets — a 3.0-point difference.
Our Verdict
IG
Score: 9.2/10 · Wins 8 categories- You want lower spreads and trading fees
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
Blueberry Markets
Score: 7.3/10 · Wins 0 categories- You prefer a low minimum deposit ($100)
- You prefer Blueberry Markets's trading environment overall
IG takes the lead with an overall score of 9.2/10 compared to 7.3/10, winning in 8 out of 8 scoring categories. IG stands out for lower trading costs and better trading platforms, while Blueberry Markets remains a solid alternative.
Detailed Verdict
After testing both brokers with real accounts, IG comes out ahead with a 9.2/10 overall rating, winning 8 out of 8 categories. Its strongest area is Regulation & Trust where it scores 10.0/10. IG holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Blueberry Markets is not without merit — it scores 7.3/10 overall and excels in Trading Costs (8.0/10). For a complete breakdown, read our full IG review and Blueberry Markets review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
IG wins by 0.5 points
IG wins by 2.0 points
IG wins by 2.5 points
IG wins by 2.5 points
IG wins by 1.0 points
IG wins by 3.0 points
IG wins by 0.5 points
IG wins by 3.0 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 9.2/10 ✓ | 7.3/10 |
| Min Deposit Lower is better | $250 | $100 ✓ |
| Max Leverage | 1:200 | 1:500 |
| Spreads From | 0.6 pips | 0.0 pips |
| Platforms | IG Platform, MT4, ProRealTime, L2 Dealer | MT4, MT5 |
| Regulation | FCA, ASIC, MAS, BaFin | ASIC |
| Founded Older track record highlighted | 1974 ✓ | 2016 |
| Markets | 17,000+ ✓ | 300+ |
Fees & Costs
When it comes to trading costs, IG has the edge with a score of 8.5/10 versus 8/10 for Blueberry Markets. IG offers spreads starting from 0.6 pips, while Blueberry Markets starts from 0.0 pips. The minimum deposit at IG is $250, compared to $100 at Blueberry Markets. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
IG scores 9.5/10 for platforms compared to 7.5/10 for Blueberry Markets. IG provides IG Platform, MT4, ProRealTime, L2 Dealer, while Blueberry Markets offers MT4, MT5. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. IG is regulated by FCA, ASIC, MAS, BaFin (Tier 1), while Blueberry Markets holds licenses from ASIC (Tier 1). IG scores 10/10 and Blueberry Markets scores 7.5/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, IG leads with 9/10 compared to 6.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. IG and Blueberry Markets both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
IG offers 24/5 Live Chat, Email, Phone and scores 8.5/10, while Blueberry Markets provides 24/5 Live Chat, Email, Phone with a score of 7.5/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
IG scores 8/10 for deposits and withdrawals, while Blueberry Markets scores 7.5/10. IG accepts Bank Transfer, Credit Card, PayPal, and Blueberry Markets supports Bank Transfer, Credit Card, Skrill, Neteller. Processing times, fees, and available currencies vary. IG requires a minimum deposit of $250 versus $100 for Blueberry Markets. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose IG if you...
- You want lower spreads and trading fees
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
Choose Blueberry Markets if you...
- You prefer a low minimum deposit ($100)
- You prefer Blueberry Markets's trading environment overall
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is IG better than Blueberry Markets?
IG scores higher overall (9.2/10 vs 7.3/10), winning 8 of 8 categories. However, Blueberry Markets remains competitive. The best choice depends on what matters most to your trading style.
Which has lower fees, IG or Blueberry Markets?
IG scores higher for trading costs. IG offers spreads from 0.6 pips with a $250 minimum deposit, while Blueberry Markets starts from 0.0 pips with $100 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is IG safe to trade with?
IG is regulated by FCA, ASIC, MAS, BaFin and scores 10/10 for regulation. Blueberry Markets is regulated by ASIC with a score of 7.5/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, IG or Blueberry Markets?
IG scores 9.5/10 for platforms. IG offers IG Platform, MT4, ProRealTime, L2 Dealer, while Blueberry Markets provides MT4, MT5. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for IG vs Blueberry Markets?
IG requires a minimum deposit of $250, while Blueberry Markets requires $100. Blueberry Markets has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.