Blueberry Markets has developed a strong reputation as an Australian based Forex Broker. What to find out more? Compare our offering. We offer tight spreads, lightnin-fast trade executions, zero commission on a standard account and hassle-free withdrawals within 24 hours giving you quicker access to your funds.

Our platform offers low trading costs and competitive spreads. Open your forex account and start your trading journey with us today. Blueberry Markets offer world class customer support for Forex traders of all skill levels, 24 hours a day, 7 days a week. Not ready to start trading with real money? We also offer a free demo account for you to learn your own market strategies without risking your funds. Both MT4 and MT5 offer an easily customisable platform with thousand of online tools to plug-in, one-click trading, instant order execution, powerful charting tools and work across Mac, PC and mobile.

No further fees are payable.

Once you have created a Live Account, contact your Account Manager to verify your eligibility. Our Direct account gives you more transparency so you can see the raw market spread. We then charge our brokerage costs at the completion of each trade. Not sure where to start? Trade Easy. Dream Big. Start your journey towards reaching all your financial goals right here.

First Name. Last Name. Learn to trade, without the risk. Helena St. Kitts St. Hear from our traders : Excellent service from Dean and his team at blueberry markets. Setting up my live account and verification was a breeze in the park. Would highly recomm Experienced Trader. I have been extremely happy with Blueberry as my broker the staff is excellent.

Their support from the very beginning has and is above what I expected Dean and his team have been very helpful in assisting me with the setup of the live account. Impressed with the level of their customer service, they Have spent my whole working life in service industries, so I know what Good service looks like, This company exceeds my expectations!

Thank You! Excellent service from Blueberry Markets. Sign up and verification was a painless exercise, and I have found their follow up customer service to be gr I've been testing Blueberry with a small account over the past 3 weeks and found the spreads to be favourable execution time good and customer service Excellent broker with very good customer service and support. Very contented with their service. I started with Blueberry Markets couple of weeks ago and I really am pleasantly surprised by their flexibility, quick decisions and the level of custo Best performance of any broker I have encountered hands down!

Very competitive spreads, low latency servers. Blueberry Markets is an honest business w Blueberry markets is my first broker and I used it because it came with an forex course. The service is excellent. You always get a reply within half Hi Folks. I 'm a newbie here and should like to say "hi". I should also like to say how impressed I've been this past week with Blueberry Markets I am a small oversea's investor of Blueberry Markets recently.

Cautiously, I tried the services offered and platform trading simplicity. A pleasant su No complaints.

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Great broker. They could expand on their range of things to trade. Thus, the Sri Lanka Forex Association SLFA was established in to promote the innovation and development of the financial market and attracting human resources to it. And what is more important, the government tries its best to make Forex trading in Sri Lanka legal. Thus, every brokerage that is eager to start its operations on the territory of the country, is obliged to first undergo the evaluation of CBSL — Central Bank of Sri Lanka.

Foreign currency, in turn, falls under the trusting gaze of the Exchange Control Department ECD which is tasked with regulating everything connected to foreign currency exchange within Sri Lanka. Thus, that would be fair to state that Forex trading in Sri Lanka is almost fully transparent and trustworthy. When we say almost, we mean that, of course, there still are some brokers that are trying to operate without regulations and later turned out that those were simply scams. We will definitely highlight the topic in more details later in the article. As one of the potential Forex traders in Sri Lanka, you might claim that Sri Lankan brokers have a good relationship with India and will allow you to deposit in Rupees.

However, you will be surprised because nearly every broker is confined to allowing deposits of only the major currencies and Sri Lankan Rupees LKR. Also please consider the fact that if you decide to exchange the sum you withdraw to LKR, it will cost you a small fee. But still, you shall consider trading only with the reliable Forex brokers Sri Lanka which you might find in the list below. The ECD has approved a list of more than 50 approved Forex brokers in Sri-lanka, that can offer you services in Forex trading, however, we both know that approval is not equivalent to quality.

Many brokers have offshore bases and operate within Sri Lanka remotely. In the list below you can check Forex brokers in Sri Lanka that have been already checked by financial institutions. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Automated withdrawals, stable spreads and transparent price history. Back in , the Monetary Law Act set the Central Bank operations which proclaimed the establishment of the monetary system in Sri Lanka. That is when the Forex in Sri Lanka became a thing and since then everything started evolving quite fast. That financial institution has a wide range of duties and responsibilities like:.

Therefore, it was decided to establish an Exchange Control Department that will regulate the foreign exchange matters only. The department was established as a result of the Exchange Control Act No. That was done in order for Forex trading Sri Lanka to reach the level of other Forex giants on the market. Moreover, in , the Foreign Exchange Act was introduced. That meant that yet another regulatory body appeared that is responsible for the control of foreign exchange transactions flow.

Those are:. The first group consists of banks mainly, either private or public ones. The second group represents the bodies that were officially prohibited by the CBSL from carrying out any financial operations. So, you need to understand when it comes to Forex regulation, Sri Lanka has an impressive hierarchical structure of governmental bodies that are responsible for dealing with such. As that might become a tricky thing to do there. The government of the country made sure that Forex trading would be as transparent as possible.

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• How to Find the best Forex brokers in Sri Lanka and avoid the scammers.

In order to do that, it is of utmost importance not to let the scammers and fraudulent brokerages to start their operations on the market. But to do that, they need to meet an extensive list of requirements. It is highly demanded by the regulatory body of Sri Lanka that when the broker is disclosing information or making a report that they use clear terminology and always state conditions on which transactions will be based on. CBSL will have the full mandate when it comes to finding out information it has deemed as suspiciously hidden away. The ECD has also noted the fact that many Forex brokers in Sri Lanka harder unqualified personnel and were costing their customers money and time.

Therefore, the rules dictate that every broker needs to hire only the most qualified and competent staff within the country. Please also note the fact that you will not be able to become the CEO or even a member of a brokerage firm if you have any records of conviction in debt repaying or moral crime. The lack of academic papers also disqualifies any potential candidates for senior positions in the firm.

All of the best Forex traders in Sri Lanka are already familiar with the penalties and certain fees that will be required to be paid by CBSL in case of any failure. Therefore, in order to start trading in Sri Lanka, you need to educate yourself about such queries first. First, you need to understand that CBSL has all rights to check on you. And in case if there is any resistance from the side of the trader, or some of the documents were suspicious, the representative of CBSL can make an application to the Magistrate Court and obtain a Court Order.

If that happens again, then the fine will be increased to Rs. But if you are a broker and there were some suspicious actions from your side noticed by the central bank, then CBSL may either revoke your license or keep you from providing brokerage service for up to 12 months. If you are third-party and violated any of the Act provisions, you will be fined with Rs. Scamming has been around roughly the same amount of time that humans have been around.