VCIntroduction to Blueberry Funded
Blueberry Funded launched in August 2024 as the prop trading arm of Blueberry Markets — an ASIC-regulated forex broker with an established reputation in the retail trading space. This broker-backed structure is the firm’s defining credential: unlike standalone prop firms, Blueberry Funded operates from a foundation of regulatory oversight and institutional-grade infrastructure that most prop firm startups cannot match.
With 15,000+ active traders and $8M+ in payouts at under a year old, the growth trajectory is strong. The five-program structure — from beginner instant accounts to a Prime 2-Step challenge — gives traders more entry options than most competitors.
Who Is Blueberry Funded For?
Blueberry Funded suits forex and multi-asset traders who value the credibility of a broker-backed firm over lower fees or faster payouts. The ASIC-regulated parent company brings compliance standards and infrastructure that independent prop firms typically lack — a meaningful differentiator for traders who have concerns about firm legitimacy.
The firm also stands out for permitting martingale and grid trading strategies — approaches banned at most prop firms. If your strategy relies on these methods, Blueberry Funded is one of very few funded trading programs that will accept your application.
Challenge Programs
Blueberry Funded offers five paths to funding:
- 1-Step: Single phase, 10% profit target, 4% daily drawdown, 6% max drawdown. Tighter rules, faster path. Leverage up to 1:50 on forex.
- Prime 2-Step: Phase 1: 8%, Phase 2: 6%. 4% daily drawdown, 10% max drawdown. The most balanced option — moderate targets with forgiving max drawdown.
- 2-Step: Phase 1: 10%, Phase 2: 5%. 5% daily drawdown, 10% max drawdown. Standard evaluation model.
- Instant Elite: No evaluation — trade funded immediately. No daily drawdown limit, 10% max drawdown. First payout requires 5 days of trading.
- Instant Lite: Entry-level instant access. Tight rules: 2% daily drawdown, 4% max drawdown. Suitable for very conservative strategies.
Account sizes from $1,250 to $200,000 across all programs. No time limits on any challenge phase.
Trading Rules
- Permitted: News trading, martingale strategies, grid trading, EAs/automated systems
- Not permitted: External signals, copy trading from third-party sources, account sharing
- Max risk per trade: 1.5% on funded accounts
- Leverage: Forex up to 1:30 standard (1:50 on 1-Step), Indices/Metals 1:10, Crypto 1:2
- No time limits on any phase
- Minimum trading days: 0.5% daily equity profit required to count as a trading day
Platforms and Instruments
Blueberry Funded supports four platforms: MT4, MT5, DXtrade, and TradeLocker — one of the broader platform selections available, catering to both legacy MetaTrader users and traders on newer platforms. Instruments cover forex pairs, metals, indices, commodities, and crypto.
Payouts and Scaling
- Default payout: Every 14 days
- Faster options: 7-day and on-demand payouts available
- Processing time: 1–2 business days
- Minimum withdrawal: $100
- Methods: Cryptocurrency and Rise
- Starting split: 80%, scaling to 90%
- Scaling plan: 25% account size increase every 3 months — requires 10% net profit over 3 consecutive months plus 4+ payouts. Maximum allocation: $2,000,000
Our Verdict
Blueberry Funded earns a 7.6 BestProp score. The ASIC-regulated broker backing is the headline feature — it provides structural credibility that independent prop firms cannot replicate, and for traders who prioritise legitimacy above all else, that matters. The martingale and grid permission is also genuinely rare and valuable for traders who use those approaches.
The trade-offs are a 4.1/5 Trustpilot rating (below the industry leaders), a 14-day default payout cycle, and relatively low crypto leverage (1:2). Founded in August 2024, the track record is still building. As the firm matures under its regulated parent, these scores should improve — Blueberry Funded is one to watch as much as one to join now.
