Blueberry Markets vs MultiBank Group: Which Is Better?
A side-by-side look at regulation, trading conditions, and fees for Blueberry Markets and MultiBank Group, pulled from the same data as their individual reviews.
Key Differences
- • Blueberry Markets holds the higher overall rating: 9.4/10 vs 6.6/10 for MultiBank Group.
- • MultiBank Group has the lower minimum deposit: $50 vs $100 at Blueberry Markets.
- • MultiBank Group lists more regulators: ASIC (Australia), CySEC (Cyprus), BaFin (Germany), MAS (Singapore), CMA (UAE), FSC (British Virgin Islands, offshore), CIMA (Cayman Islands, offshore), VFSC (Vanuatu, offshore) vs ASIC, VFSC, SCB for Blueberry Markets.
- • Risk tier: Blueberry Markets is Tier A, MultiBank Group is Tier B.
Overview
Rating
9.4/10
6.6/10
Trustpilot
4.7/5 · 3,000+ reviews
—
WikiFX Score
High / Validated
1.69 / 10 (low-score warning)
Best For
Elite, human-driven customer service
Low $50 entry with ECN and swap-free options (check your entity first)
Regulators
ASIC, VFSC, SCB
ASIC (Australia), CySEC (Cyprus), BaFin (Germany), MAS (Singapore), CMA (UAE), FSC (British Virgin Islands, offshore), CIMA (Cayman Islands, offshore), VFSC (Vanuatu, offshore)
Terms & Fees
Min Deposit
$100
$50
Max Leverage
1:500
1:1000
Spreads From
0.0 Pips
0.0 Pips
Execution Model
ECN-style / STP routing
ECN / no dealing desk on ECN accounts; some entities hold market-maker licences
Commission
$7.00 round trip on Direct accounts
Standard and Pro: no commission. ECN: the broker's website does not state the commission; ForexBrokers.com (2025) reported about $3 per lot round turn, CompareForexBrokers (2026) lists $6 per lot, about $7 round turn. Confirm the current figure in a live account.
Swap / Islamic
Standard swap rates apply; Islamic accounts available for qualifying regions
A swap-free (Islamic) account is available: the broker's site links a Swap-Free Trading Account Agreement and BrokerChooser confirms the account type. Swap rates for other accounts are not published in the sources we read.
Platforms
MT4, MT5
MT4, MT5, MB Trader (web), Social Trading
Crypto Deposits
Yes
Yes
Pros
What's good
- + Unassailable customer support
- + Highly transparent financing, zero hidden fees
- + Standard account opens from $50, with a swap-free (Islamic) account available
- + Three account types: Standard (1.5 pips, no commission), Pro (from 0.8 pips) and ECN (from 0.0 pips)
- + Entities listed with several regulators, including ASIC, CySEC, BaFin and MAS
- + MT4 and MT5 plus social/copy trading; deposits by card, bank transfer and crypto (BTC, USDT)
Cons
Watch out for
- – Lacks cTrader and TradingView
- – Spread widening during Asian session
- – Trustpilot shows no TrustScore for the company and reports of delayed or blocked withdrawals are frequent
- – WikiFX score is 1.69 out of 10, with 'frequent complaints' and 'offshore regulation' tags
- – Which regulator protects you depends on the entity your account is with; much international business runs through BVI, Cayman and Vanuatu entities
- – The broker's own risk warning says you can lose more than you deposit
- – $60 monthly inactivity fee after 90 days without trading (per ForexBrokers.com and CompareForexBrokers)
- – High minimum deposits for Pro ($1,000) and ECN ($10,000)