Blueberry Markets Enters Prop Trading with $2.3M First-Year Payout

Proprietary trading firm Blueberry Funded has reported payouts totalling USD $2.3 million to its traders in its first year of operation, according to figures released by the company this week. The firm launched in mid-2024 and operates as a subsidiary of Blueberry Markets, an Australian-based brokerage regulated by the Australian Securities and Investments Commission (ASIC).

Blueberry Funded was established after Blueberry Markets transitioned from serving prop trading firms to launching its own proprietary trading offering. Prior to this, Blueberry Markets had provided trading infrastructure and grey-labelled MetaTrader licences to various prop firms.

This arrangement was disrupted following policy changes by MetaQuotes, the developer of MetaTrader, which began restricting access to the platform for proprietary trading firms operating in the United States. The restrictions led to service interruptions across multiple firms that relied on MetaTrader for their trading infrastructure.

Subsequently, Blueberry Markets ceased providing support to external prop firms and entered the prop trading space independently under the Blueberry Funded brand. This move followed similar steps by other brokers including ThinkMarkets, IC Markets, Traders Trust, and Trade.com, all of which launched in-house proprietary trading programmes.

Since its launch, Blueberry Funded has expanded the scope of its offerings. In addition to its core evaluation programme for forex traders, the firm has introduced contracts for difference (CFD) stock trading challenges, providing access to more than 1,000 individual stocks via the MetaTrader 5 and DXtrade platforms. The company also recently introduced trading in synthetic indices.

These developments position Blueberry Funded among a growing number of broker-led proprietary trading firms that offer funded accounts to retail traders based on performance during evaluation phases. The model allows traders to access capital without using their own funds, while firms share in the trading profits.

The $2.3 million in payouts reported by Blueberry Funded reflects the firms first year of activity, during which it has sought to establish its presence in the proprietary trading segment. No further breakdown of payout distribution or trader performance data has been provided at this stage.

The proprietary trading sector continues to evolve, particularly as more brokers integrate funded trading models into their service portfolios. The shift follows increased demand from retail traders for alternative access to capital, as well as regulatory and technological changes that have affected third-party prop firms.

Blueberry Markets has not disclosed any future roadmap for Blueberry Funded but stated that it continues to develop its offerings and infrastructure in line with market demand and regulatory requirements.