Is Blueberry Funded legit?
Short answer
Blueberry Funded is a real, operating prop firm — founded in 2023 in Melbourne, Australia, 3 years of continuous operation, and payouts that we can trace to dated evidence. Our payout-evidence score is 82/100 and the composite health score is 77/100 (watch). "Legit" is not the same as "safe for your whole balance", though: Blueberry Funded pays, but we would still withdraw often rather than let profit accumulate.
Operating since
2023 (3 yrs)
Payout evidence
82/100
Trust score
84/100
Health status
watch
What "legit" actually means for a prop firm
In this industry the scam question is rarely binary. Almost no prop firm takes your evaluation fee and disappears — the failure mode is subtler: the firm is solvent while volumes grow, then a rule is reinterpreted, a payout is delayed, and the balance you thought you owned turns out to be simulated profit on a spreadsheet you do not control. That is what killed MyForexFunds and what put The Funded Trader through a months-long payout freeze. So we do not score firms on whether they are a scam. We score them on how much of your money we would let them hold, and for how long.
For Blueberry Funded the practical read is this: the firm is still young (3 years), so it has not yet been stress-tested by a full industry shock, the drawdown model is static, and the payout cadence is bi-weekly with the first eligible withdrawal around 14 days after funding. Blueberry Funded pays reliably in the cases we can verify, but the public evidence trail is thinner than the market leaders.
Evidence we can actually verify
Every claim below is something we can point at — a dated payout receipt, a dashboard screenshot, a published rulebook clause or a firm statement on the record. Marketing totals with no date attached do not count towards the score.
- Published payout reports: Blueberry Funded publishes payout announcements but not a full audited ledger, so we verify against trader receipts.
- Trader-submitted receipts: We collect withdrawal screenshots with visible dates and amounts. Blueberry Funded currently scores 82/100 on evidence volume and consistency.
- Complaint tracking: Open cases, if any, are listed in our complaint database with the firm's response.
- Payout cadence: Bi-weekly. First eligible payout lands roughly 14 days after funding.
Red flags on file
Blueberry Funded has no retroactive rule change on file in our register. Rule changes it has made were announced forward-looking, which is what a well-run firm does.
The friction points below are the ones traders actually report. None of them make the firm a scam; all of them are reasons a specific withdrawal gets held up.
- Consistency rule applies: None
How Blueberry Funded makes money — and why that matters
Understanding the business model tells you when a firm's incentives point away from paying you. Blueberry Funded is the structurally safest firm we track, and the reason is its parent: Blueberry Markets, an ASIC-regulated Australian broker. Almost every other prop firm is a standalone company with no regulated entity behind it — Blueberry runs its evaluations on real broker infrastructure with transparent corporate ownership.
The revenue mix matters because a firm funded mostly by evaluation fees needs a steady flow of failures to stay solvent, while a firm that hedges real flow can afford winners. The two-step evaluation is a slower gate, which usually means the firm is less dependent on rapid fee churn.
Our verdict
Blueberry Funded is paying and behaving, but one input is thin — usually published evidence or history at 3 years. Run it as a primary account and withdraw on every eligible cycle rather than accumulating.
The counterparty risk story is the best in the industry. Choose it if a regulated parent matters more than the flashiest split.
FAQ
Is Blueberry Funded a scam?
No. Blueberry Funded has operated since 2023 and we can trace dated payout evidence to it, scoring 82/100 on evidence quality. The real question is how much unpaid balance you should let it hold — on this firm's record, withdraw early rather than accumulating.
Has Blueberry Funded ever failed to pay traders?
Consistency rule applies: None
Is Blueberry Funded regulated?
No prop firm of this type is regulated as a broker, and Blueberry Funded is no exception. You are buying a simulated-account service agreement, not a regulated brokerage product. That is exactly why payout evidence and rule stability matter more than any licence claim on a homepage.
What happens to my balance if Blueberry Funded shuts down?
Unpaid simulated profit is a contractual claim against the company, not segregated client money. If the firm fails, you join the queue of unsecured creditors. This is the core reason we tell traders to withdraw on every eligible cycle rather than compounding inside a funded account.