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Blueberry Funded Announces $2.3 Million in First-Year Payouts to Traders

Proprietary trading firm Blueberry Funded announced that
it paid out $2.3 million to traders in its first year of operation, according
to figures released this week. The firm, which launched in mid-2024, operates
as a subsidiary of Australian brokerage Blueberry.

Broker Expands into Prop Trading Space

Blueberry Funded is under Blueberry Markets, a forex
and contracts for differences (CFDs) broker that previously provided services
to several proprietary trading firms.

The company announced last year that it had launched its own prop trading services under the brand Blueberry Funded. Blueberry
Markets is headquartered in Australia and is locally regulated by ASIC.

Previously, Blueberry Markets was among the brokers
that offered technological infrastructure—such as grey-labelled MetaTrader
licenses—to proprietary trading firms.

However, that arrangement was disrupted after
MetaQuotes, the developer of MetaTrader, began restricting the platform’s use
by prop firms operating in the United States.

More Brokers Embrace Prop Trading

At some point, Blueberry Markets abruptly ceased its
services to these firms, leading to temporary outages across multiple prop
trading platforms as they scrambled to integrate alternative solutions.

Now, Blueberry
Markets has joined a growing list of brokers entering the proprietary trading
business directly. The move follows similar launches by ThinkMarkets, IC
Markets, Traders Trust, and Trade.com, all seeking to capitalize on the rising
popularity of funded trader programs.

Expect ongoing updates as this story evolves.

Proprietary trading firm Blueberry Funded announced that
it paid out $2.3 million to traders in its first year of operation, according
to figures released this week. The firm, which launched in mid-2024, operates
as a subsidiary of Australian brokerage Blueberry.

Broker Expands into Prop Trading Space

Blueberry Funded is under Blueberry Markets, a forex
and contracts for differences (CFDs) broker that previously provided services
to several proprietary trading firms.

The company announced last year that it had launched its own prop trading services under the brand Blueberry Funded. Blueberry
Markets is headquartered in Australia and is locally regulated by ASIC.

Previously, Blueberry Markets was among the brokers
that offered technological infrastructure—such as grey-labelled MetaTrader
licenses—to proprietary trading firms.

However, that arrangement was disrupted after
MetaQuotes, the developer of MetaTrader, began restricting the platform’s use
by prop firms operating in the United States.

More Brokers Embrace Prop Trading

At some point, Blueberry Markets abruptly ceased its
services to these firms, leading to temporary outages across multiple prop
trading platforms as they scrambled to integrate alternative solutions.

Now, Blueberry
Markets has joined a growing list of brokers entering the proprietary trading
business directly. The move follows similar launches by ThinkMarkets, IC
Markets, Traders Trust, and Trade.com, all seeking to capitalize on the rising
popularity of funded trader programs.

Expect ongoing updates as this story evolves.

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