Blueberry Funded is a broker-backed prop trading firm offering traders access to robust evaluation programs, competitive trading conditions, and a transparent path to funded accounts. With a focus on sustainability and disciplined trading, the firm provides features like account scaling, dynamic risk management tools, and a diverse range of tradable instruments. However, strict policies on trading styles, news trading, and account management reflect its commitment to professionalism and fairness in the prop trading industry.
Blueberry Funded is a broker-backed prop trading firm offering traders access to robust evaluation programs, competitive trading conditions, and a transparent path to funded accounts. With a focus on sustainability and disciplined trading, the firm provides features like account scaling, dynamic risk management tools, and a diverse range of tradable instruments. However, strict policies on trading styles, news trading, and account management reflect its commitment to professionalism and fairness in the prop trading industry.
- Broker-backed for added reliability.
- Comprehensive risk management tools.
- Wide range of tradable instruments.
- Transparent evaluation process.
- Account scaling opportunities up to $2 million.
About Blueberry Funded
Blueberry Funded, established in 2024, operates as a prop trading firm within the Blueberry family of brands, which also includes Blueberry Markets and Blueberry Partners. The firm leverages its connection with Blueberry Markets to provide advanced trading platforms and a reliable infrastructure, ensuring a stable and professional environment for traders.
Location and Operations
The firm contracts traders via its entity in St. Vincent and the Grenadines while maintaining a global staff presence to support its international client base. This allows Blueberry Funded to offer comprehensive support to its traders regardless of their geographical location.
Partnership with Blueberry Markets
Blueberry Funded is not a broker itself but has partnered with Blueberry Markets, a globally recognized brokerage. This partnership provides the trading platforms and infrastructure necessary for prop trading, allowing Blueberry Funded to focus on its core goal of promoting sustainable trading practices.
Accessing the Blueberry Funded Dashboard
Traders can access their Blueberry Funded Dashboard by using their email address as the username and the password provided via email upon evaluation purchase. The dashboard is accessible through the unique URL https://dashboard.blueberryfunded.com, which is exclusively for Blueberry Funded users.
What Sets Blueberry Funded Apart?
Blueberry Funded positions itself as a broker-backed prop trading firm focused on sustainability and trust. By leveraging the regulatory expertise and infrastructure of Blueberry Markets, it aims to foster long-term trading careers through rigorous evaluations and comprehensive training programs. This approach emphasizes sound risk management and promotes a secure and professional trading environment, setting Blueberry Funded apart in the competitive prop trading market.
Evaluation Process
Blueberry Funded employs a rigorous evaluation process as the first step for traders aiming to join its Earning Account program. This evaluation serves to assess trader competence, promote sustainable trading practices, and ensure sound risk management. Successful traders gain access to funded accounts, sharing profits earned through a performance fee structure. This process not only filters skilled traders but also provides valuable feedback, enabling continuous improvement.
Minimum Trading Days
Traders must meet minimum trading day requirements during evaluations and in earning accounts. To qualify, a trader must achieve a profit of at least 0.5% of the initial balance in a single trading day. For example:
- Initial Balance: $10,000 – Minimum Profit: $50/day.
- Initial Balance: $50,000 – Minimum Profit: $250/day.
Adhering to these requirements ensures smooth progression through evaluations or maintenance of earning accounts.
Account Setup and Start
Account credentials are issued immediately upon purchase, allowing traders to begin trading without delay. Evaluations officially commence with the placement of the first trade. For Phase 2 or Earnings accounts, credentials are typically issued within 24 hours after successful completion of the evaluation.
Trading Parameters and Rules
Blueberry Funded implements clear and structured trading rules to maintain a professional and disciplined trading environment. Key rules include:
Drawdown Rules
Daily drawdown limits are calculated as a percentage of the starting balance or equity, whichever is higher at the start of the day. Examples:
- 1-Step Challenge: 4% daily drawdown.
- 2-Step Challenge: 5% daily drawdown.
Maximum drawdown remains static from the starting balance (e.g., 6% for 1-Step and 10% for 2-Step challenges).
Trading Style Guidelines
Traders must avoid prohibited practices such as overleveraging, news scalping, or excessive one-sided bets. Violations may result in account suspension or denial of payouts. While no strict maximum lot size exists, traders are encouraged to exercise prudent risk management.
Additional Rules
- Weekend and overnight positions are allowed.
- Inactivity for over 30 days results in account suspension.
- Hedging is permitted within the same account but prohibited between different accounts.
- Bot and EA trading is allowed, excluding HFT and latency arbitrage strategies.
Country Restrictions
Blueberry Funded restricts evaluation purchases from several countries, including the United States, Australia, and Russia. Traders residing in restricted regions but holding residency in non-restricted areas may still qualify under certain conditions.
Dynamic and Trailing Drawdown (Rapid Challenge)
In the Rapid Challenge, drawdowns are calculated dynamically:
- Daily Drawdown: Adjusted daily based on a percentage of the starting equity.
- Trailing Max Drawdown: Follows the highest equity achieved during the day, trailing dynamically as equity increases.
These rules provide flexibility while maintaining risk parameters to ensure sustainable trading practices.
Payouts and Earnings Management
Blueberry Funded provides traders with a structured and transparent payout process to manage and withdraw their earnings. Here’s an overview of how traders can request payouts, meet eligibility requirements, and take advantage of features like account scaling.
How to Request a Performance Fee Payout
To request a performance fee payout, traders must fulfill the following conditions:
- Possess an Earnings Account meeting all requirements.
- Ensure 14 days have passed since receiving the account.
- Maintain a simulated profit of at least $100 above the initial balance.
- Close all open trading positions before initiating a payout request.
- Comply with all trading rules and guidelines.
Once eligible, traders can submit a payout request directly through the trader dashboard.
Processing Time and Payment Methods
Payout requests are typically processed within 1-2 business days. Blueberry Funded offers the following payment methods:
- RiseWorks Partnership: Ensures secure and efficient payouts through the RiseWorks network.
- Cryptocurrency Payouts: Available via USDC and USDT-TRC-20 for payouts up to $2,000. Larger amounts are processed through RiseWorks.
Traders should monitor emails and social media for updates on additional payment methods.
Tax Responsibilities
As independent contractors, traders are responsible for reporting and paying taxes on their profits in accordance with their jurisdiction’s tax regulations. Blueberry Funded does not deduct taxes from payouts.
Payout Frequency
Performance fees can be withdrawn under the following conditions:
- Initial Payout: Eligible 14 days after the first trade in the Earnings Account.
- Subsequent Payouts: Available 14 days after the approval of the previous payout request.
Verification Requirements
Before requesting payouts, traders must complete the following verification steps:
- Submit a government-issued ID for the KYC process.
- Sign the simulated funded trader contract.
- Enable two-factor authentication (2FA) for added account security.
Accurate and timely submission of documents ensures a smooth payout process.
Features for Managing Profits
Balance Protector
The Balance Protector safeguards profits in Rapid Evaluations. Key features include:
- Activation: Triggered when profits reach 4%, locking drawdown at the initial starting balance.
- Trailing Drawdown: Ensures a 1% cushion to avoid breaching the account post-payout.
This feature helps traders maintain account security while withdrawing profits.
Account Scaling Plan
Blueberry Funded offers a robust scaling plan for traders demonstrating consistent performance. Highlights include:
- Simulated capital increases every 3 months, with a 25% balance increment.
- Eligibility requires a 10% net profit over 3 months and 4 payouts during the period.
- Profit splits can increase up to 90%, with maximum account scaling up to $2 million.
Consistent objectives ensure traders can scale without altering trading conditions.
Refund Policy
Blueberry Funded does not offer refunds on trading evaluations, emphasizing its commitment to fostering a professional and sustainable trading environment over short-term gains.
Trading Guidelines and Policies
Blueberry Funded offers a comprehensive trading environment with structured policies and tools to ensure professional and sustainable trading practices. Here’s an overview of how to connect to the trading platform, risk management tools, and trading policies.
Connecting to the Trading Platform
Traders can connect to the platform by following these steps:
- Log in to the trader dashboard using your credentials.
- Download the Blueberry Markets or DXtrade platform from the dashboard.
- Install the trading platform on your system or access DXtrade on the web.
- Use the login credentials provided in your trader dashboard to start trading.
For assistance, refer to support resources available in your dashboard or contact customer support.
Supported Instruments
Blueberry Funded provides access to a wide range of instruments, including:
- Forex
- Cryptocurrencies
- Metals
- Energy
- Indices
Visit Blueberry Markets for detailed trading conditions.
Leverage Options
Leverage levels vary based on the instrument and evaluation type:
- Forex: 1:30 (1-Step Evaluation) or 1:50 (2-Step Evaluation).
- Metals/Commodities: 1:10.
- Indices: 1:10.
- Cryptos: 1:2.
Maximum Simulated Capital Allocation
Each trader or household can allocate up to $400,000 in simulated capital. This allocation can be spread across multiple accounts, ensuring balanced risk management.
Trading Style Rules
Blueberry Funded prohibits specific trading behaviors to maintain data integrity and ensure skill-based trading:
- Excessive Scalping: Holding 50%+ trades for less than a minute.
- Martingale: Simultaneous positions in drawdown on the same pair.
- All In: Risking entire balance without stop-loss.
- Grid Trading: Placing trades without a clear risk management plan.
Violations may result in account suspension or disqualification from payouts.
Risk Management Tools
Blueberry Funded emphasizes disciplined trading with tools such as:
- Stop Loss: Optional but recommended for effective risk management.
- Lot Size Calculation: Ensure margin levels remain above 150% to avoid breaches.
For detailed guidelines, refer to the trader dashboard or online calculators.
Prohibited Trading Strategies
Some strategies are not allowed on the platform, including:
- High-frequency trading.
- Latency arbitrage.
- Tick scalping.
- Reverse hedging or arbitrage.
These practices disrupt market conditions and are flagged as policy breaches.
Commissions and Fees
Blueberry Funded offers competitive commission rates:
- Forex and Gold: $7 per standard lot.
- Additional Fees: Spreads and swap fees apply based on market conditions.
Trading commissions are charged at the time of trade execution and closure.
No News Trading Policy
Trading is restricted during high-impact economic news releases. Traders must avoid opening or closing positions 10 minutes before and after major announcements, such as:
- Central bank rate decisions.
- Employment and GDP reports.
Violations may result in profit removal or account breaches.
Trading on Weekends
Crypto trading is available 24/7, allowing for weekend trading opportunities.
IP Rules and Account Integrity
Each account must operate from a unique IP address. Shared IP usage is prohibited to maintain fairness and integrity.
Hyperactivity Rule
Excessive server requests (20,000+ per day) may result in account disabling. Adjust automated trading systems to avoid excessive messaging.
VPN and VPS Usage
VPN and VPS services with static IPs are permitted for secure trading.
Conclusion
Blueberry Funded provides a comprehensive and structured trading environment designed to foster sustainable and professional trading practices. By leveraging its partnership with Blueberry Markets, the firm offers traders access to reliable trading platforms, diverse instruments, and competitive conditions. Its clear trading rules, robust risk management tools, and transparent evaluation processes ensure that only skilled and disciplined traders progress to funded accounts. While the firm’s policies may seem stringent, they are aimed at maintaining fairness, data integrity, and long-term sustainability for both traders and the prop trading model. With features like account scaling, dynamic risk management, and a focus on continuous trader development, Blueberry Funded positions itself as a trustworthy option for aspiring prop traders looking for a broker-backed platform to grow their trading careers. For traders seeking a professional and well-regulated trading environment, Blueberry Funded offers a solid foundation for building a successful trading journey.