Following up on our exclusive report of August 4, that former AxiTrader exec Dean Hyde is launching a new Retail Forex brokerage, LeapRate has learned that the operation – called Blueberry Markets – has now indeed gone live and has begun taking on clients.
One of the questions we were asked by our readers after the first article was simply: How does a new regulated broker launch in Australia given that ASIC hasn’t issued a new AFSL license to a retail forex broker in more than two years?
The answer is also simple: piggyback off another regulated broker’s license. Blueberry Markets will be beginning its life as an authorized representative of ASIC-regulated broker EightCap Pty Ltd, which operates eightcap.com. All clients onboarded by Blueberry will technically be opening their accounts with EightCap, with Blueberry receiving a revenue share.
In this manner, Blueberry Markets can build a name and reputation (and client list) out of the gate with minimal capital. Assuming that all of the aforementioned continue to grow, Blueberry can later launch independently by either buying an existing AFSL broker or applying for its own license.
The press release issued by Blueberry Markets reads as follows:
Blueberry Markets, the Global FOREX Trading Company, Launched Its Offering, A Unique Trading Experience That Affords Clients Freedom
Blueberry Markets announces its much anticipated launch Monday, the 22nd of August. The firm operates in FOREX and CFDs markets and offers an unparalleled trading experience to its selective clientele. www.blueberrymarkets.com
(Sydney, Australia) – Blueberry Markets, the pioneer FOREX and CFDs trading company, is pleased to announce a successful launch on Monday, August 22nd.
FOREX and CFDs are extremely popular among traders worldwide. Now, Blueberry Markets is promising to offer a unique trading experience that affords clients’ freedom due to an intuitive client portal allowing them clarity to focus on their trading. Clients have the ability to trade FOREX and CFDs on MetaTrader4 with exclusive trading conditions.
Among the superior services the company offer institutional grade liquidity which allow for cost effective trading and a dark pool of liquidity. Moreover, Blueberry Markets provides low latency conditions achieved with ground breaking infrastructure and a highly experienced client service team. A suite of funding methods is also available to satisfy even the most advanced trading needs.
Blueberry Markets is 100% client oriented and provides the ability for the client to self-administer their trading account with an intuitive and innovative client portal. As Dean Hyde, Founder at Blueberry Markets emphasizes “We aim at providing superior quality FOREX and CFDs trading services using cutting edge technology and infrastructure.” Interesting, right?
For further information and to use their ultra-trader friendly platform visit Blueberry Markets today.
Blueberry Markets, based in Sydney, Australia offers worldwide FOREX and CFDs trading. The company aims at providing superior quality services to its selective clientele and the ability to trade on MetaTrader4 with exclusive trading conditions.