Our Verdict
Real broker infrastructure (ASIC-regulated Blueberry Markets), the cheapest challenges in the industry ($25 entry), and named leadership. But the payout disputes are too serious to ignore — a $12K denial required a public FPA complaint to resolve, and the social media coercion case is unique in how brazen it is. Good bones, questionable execution on the money-out side. The 6.8 reflects strong infrastructure undermined by trust issues on payouts.
Blueberry Funded launched in 2024, backed by Blueberry Markets — an Australian forex broker regulated by ASIC. That's the headline: unlike most prop firms running on demo servers with no regulated entity behind them, Blueberry Funded has actual brokerage infrastructure. The prop firm itself is registered in St. Vincent and the Grenadines (standard offshore for prop firms), but the parent broker holds an ASIC license. That matters.
The firm is led by Marcus Fetherston, whose background includes PropTrade Tech and Eightcap — both legitimate fintech operations. He's not anonymous, and the company isn't hiding behind a PO box.
Blueberry Funded offers more challenge types than most firms: 1-Step, 2-Step, Instant Funding, a 10-Day Rapid Challenge, and a Synthetic Challenge. Entry fees start as low as $25 for rapid evaluations, making it one of the cheapest ways to get a funded account in the space.
Account sizes range from $10K to $200K. Profit split starts at 80% with scaling to 90%. Payouts are on a 14-day cycle with an optional upgrade for faster cycles. Scaling adds 25% every three months after hitting 10% net profit over three consecutive months.
The platform runs on real broker infrastructure through Blueberry Markets, which means you're getting actual market execution — not the demo-server simulation that most prop firms operate.
Despite the strong infrastructure, Blueberry Funded has a pattern of complaints that deserves honest scrutiny.
The most concerning documented case: a trader passed a $200K challenge, made $12,092.50 in profits on the funded account, and was denied payout. Blueberry refused to reinstate the account or release profits. This was escalated to Forex Peace Army and eventually marked "RESOLVED" — but the fact that it took a public complaint on an industry watchdog site to get resolution is not a good look.
There's also a documented case where Blueberry offered to keep a trader's profits only if they promoted the company on social media with discount codes and affiliate commissions. The trader described this as "commercial coercion." We've never seen another prop firm do this.
Other traders report accounts terminated for vague reasons — "group trading" and "toxic trading" — with no evidence provided despite 20+ email exchanges.
Traders who want the cheapest possible entry into a broker-backed prop firm. If you trade forex or crypto and want real execution without paying $150+ for a challenge, Blueberry's rapid challenges starting at $25 are the most accessible option in the market. But manage your expectations on payouts — the infrastructure is good, the execution is good, but the payout dispute track record adds risk.
The industry leader for a reason — and the OANDA acquisition widens the gap. $200M+ in verified payouts, a decade of operation, and regulated infrastructure no competitor can match. The rating is 8.4 and not higher because of one persistent issue: the gap between what support tells traders and what compliance enforces. The 1% risk expectation and one-sided betting rules need clearer documentation. For disciplined traders who match the profile, FTMO remains the strongest choice in 2026.
The broker-backed model is FXIFY's real edge — FXPIG execution on a prop firm account is genuinely different from the demo-server standard. $30M+ paid across 200K+ payouts in two years is a strong track record for a young firm. The add-on pricing gets expensive and the Rise KYC issues need solving, but the fundamentals are solid. A 7.8 that could climb to 8+ if they fix the payment pipeline.
A genuinely trader-friendly futures prop firm with the best drawdown mechanics in the space — daily balance-based trailing instead of equity-peak. The 4.9 Trustpilot from 2,500+ reviews is earned, not manufactured. But the KYC interview gate, the 70% starting split on Standard, and the connection to Alpha Capital Group keep it from the top tier. The Zero plan at 90% with no activation fee is the sweet spot.