In this article, I will cover the Blueberry Funded Prop Firm, a proprietary trading firm that has experienced considerable growth, providing traders with instant access to funded accounts.
They offer the Rapid Challenge and a multitude of trading accounts that provide a variety of benefits. Blueberry Funded balances both experienced and novice traders to work with actual capital and maintain their rigorously controlled draws for sustainable growth.
What is Blueberry Funded Prop Firm?
Blueberry Funded Prop Firm is a highly regarded trading firm that allows traders to take advantage of funded accounts, which enable them to take part in trading activities without putting their money at risk.
To cater to both novice and professional traders, Blueberry offers account options with various risk management rules, a competitive profit-sharing structure, and ample leverage.
Traders in possession of accounts can trade Forex, Cryptocurrency, and Indices, and benefit from customer support and rapid payment processes.
Blueberry Funded Prop Firm has a unique approach to developing traders, which incorporates nurturing talent with a wealth of opportunity, specialized support, and proprietary resources.
To an aspiring trader, this is appealing since it allows them to hone their abilities and earn on a consistent basis from funded trading accounts.
Key Points Overview
| Feature | Details |
|---|---|
| Account Types | Multiple funded account options with varying sizes |
| Markets Offered | Forex, Crypto, Indices, Commodities |
| Leverage | Flexible leverage depending on account type |
| Profit Split | Competitive profit-sharing structure |
| First Payout | Typically after meeting initial profit targets |
| Subsequent Payouts | Regular payouts based on performance |
| Risk Management Rules | Clearly defined rules to protect capital |
| Customer Support | Email, live chat, and educational resources |
| Trading Tools | Access to trading platforms and analysis tools |
| Unique Advantage | Allows traders to grow without risking personal funds |
How to Get Started with a Blueberry Funded Prop Firm
Visit the Official Website
Visit the company’s website, blueberryfunded.com, and see the different account options. Select an account size and type for the account that best reflects your trading experience and goals.
Sign Up and Create an Account
To get started, you’ll need to sign up for an account, providing basic details like your personal name, email, and setting up a password. Then, you need to confirm your email so that you can use the account.
Select Your Funded Account
You need to select the blueprint of the funded account that best suits your trading style. Blueberry has various account sizes with different leverage options for both beginners and advanced traders.
Complete Verification
You need to provide some personal information for KYC Know Your Customer verification for trading compliance and security purposes.
Start the Evaluation (if applicable)
You can also initiate an evaluation if your account type includes features that require demonstrating your trading and risk management skills.
Deposit (if needed) and Fund Access
If you have some accounts, you may need to pay a small fee for approval. Then, you will have access to the trading capital.
Start Trading
According to the company laws, utilize the available trading platforms and tools to make all the necessary trades. Keep track of your activities and adhere to the predetermined risk management principles.
Payouts
Once the profit objectives have been achieved, you may ask for your first payout. Subsequent payouts will be automatically processed and paid out according to the profit-sharing plan associated with your account.
Blueberry challenge
| Criteria | Rapid Challenge |
|---|---|
| Profit Target | 5% |
| Max Total Loss | 4% |
| Daily Loss | 3% |
| Profit Share | 80% |
| Drawdown Type | Trailing |
| Time Limit | 7 Days |
| Leverage* | FX 1:30 |
| Evaluation Min Trading Days | 0 |
| Funded Min Trading Days | 3 |
| Payout Frequency | 14 Days |
| Account Copy Trading | Yes |
Spreads & Commissions at Blueberry Funded
Spreads
The traders associated with Blueberry Funded can access raw spreads from as low as 0.1 pips for major pairs including EURUSD, AUDUSD, and GBPUSD. These spreads are very beneficial for scalpers and day-traders as they allow for lower costs of trading.
Apart from this, spreads also depend on the instrument and market. For example, USD/JPY, with its spreads of 0.6 pips, and USD/CAD, with its 1.2 pips, are pretty standard and above the market’s average.
Commissions
Blueberry Funded has a simple and clear commission policy:
- Forex and Gold (XAU/USD): A flat $7 per standard lot round-turn (i.e., $3.50 per side).
- US Stocks: A flat $2 per standard lot round-turn.
- Indices, Commodities, and Cryptocurrencies: No commission fees.
Scaling plan
At Blueberry Funded we believe that a traders’ development is an ongoing journey, which is why we give our earning account traders the ability to scale their trading over time further. Simulated capital increments on the Blueberry Funded Account can occur every 3 months. To qualify for a capital increase, the trader must at least 10% net profit over 3 consecutive months. Additionally, the trader must process at least 4 payouts within the 3 months.
Scaling plan overview
- Upgraded Profit Split of up to 90%
- Balance Scale up of 25% every 3 months
- Ongoing Increases every 3 months if objectives are met
- Trading Objectives remain the same as your original plan on increased balance
- Maximum Allocation per trader of $2 million
Blueberry Funded Payouts
Key Features of the Blueberry Funded
Rapid Challenge Program
With shortened qualifying periods, traders can gain access to funding much quicker!
Profit Target
(Pass the challenge) – Achievement of a 5% profit target.
Max Total Loss Limit
4% maximum drawdown to protect capital.
Daily Loss Limit
3% daily loss to manage risk.
Profit Sharing
A funded trader can earn as much as 80% of profits.
Trailing Drawdown Option
Risk can be managed more freely as profits increase.
Leverage
FX leverage on trading accounts of up to 1:30.
Evaluation & Funded Days Requirement
0 days for evaluation & 3 days for qualifying for the funded account.
Pros & Cons
| Pros | Cons |
|---|---|
| Fast evaluation with the Rapid Challenge program | Relatively short time limit (7 days) may pressure new traders |
| High profit share of 80% | Strict daily and total loss limits can be challenging |
| Trailing drawdown allows flexible risk management | FX leverage limited to 1:30 may restrict larger strategies |
| Low minimum trading days to qualify for funded account | Limited information on non-FX instruments |
| Suitable for both beginner and experienced traders | Some traders may find rules strict compared to other prop firms |
Conclusion
Blueberry Funded is a properly organized prop trading firm that aims to serve both novice and professional traders. Its Rapid Challenge program, high profit share of 80%, and adaptable trailing drawdown all offer flexible paths to funding while adhering to conservative risk management.
Blueberry Funded is responsive and has a low minimum trading day requirement, further improving the trader experience. While Blueberry’s Funded challenges like short evaluation periods and strict loss limits, they have proven to be worthwhile and reliable, and support traders aiming to get lightning fast funding with rest assured rules.
FAQ
What are the profit-sharing terms?
Traders can earn up to 80% profit share on their earnings. Additionally, Blueberry Funded offers a scaling plan that allows traders to increase their account size over time, with a maximum allocation of $2 million. To qualify for scaling, traders must achieve a 10% net profit over 3 consecutive months and process at least 4 payouts within that period.
Are there any commissions or fees?
Yes, Blueberry Funded charges the following:
$7 commission per lot on all assets except stocks.
$2 commission per lot specifically for stocks.
Swap fees apply to positions held overnight.
Is there a time limit to pass the challenge?
Yes, each challenge has a set timeframe and trading rules detailed at purchase. It’s essential to review these before starting to ensure compliance.
