Blueberry Introduces Innovative Reporting System In Australia
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Blueberry, a Forex and CFD broker, has shared exciting news about a new reporting system in Australia. The broker, which used to be called Blueberry Markets, is now using TRAction’s reporting solution along with the popular MetaTrader 4 (MT4) platform.
This new system is made to help Blueberry follow the rules set by the Australian Securities and Investments Commission (ASIC).
Blueberry Adapts To Market Changes With New Platform And Services
Blueberry is also changing with the times! The firm launched this new reporting system along with its rebranding. Blueberry dropped “Markets” from its name and gave itself a fresh logo and platform design.
Earlier this year, Blueberry asked some prop trading firms to stop bringing on new clients on MT platforms. The firm made this choice because regulators were paying more attention to MetaQuotes’ popular trading tools in the U.S.
Taking this chance, Blueberry decided to create its own trading platform called Blueberry Funded, which started in the summer of 2024.
The prop trading market is getting busier, with many brokers now offering similar services. Companies like Trade.com, Traders Trust, IC Markets, and ThinkMarkets have also started their own prop trading services, following the early movers like OANDA, Hantec Markets, and Axi.
Overall, Blueberry’s new partnership with TRAction and the use of MT4 is a big step to follow the rules and make trading better for clients. With these changes, Blueberry hopes to build trust and provide great services in the ever-changing money world.
Blueberry Wants To Enhance Client Service Through New Reporting System
Recently, Blueberry Australia Pty Ltd got permission from ASIC to operate as a retail CFDs brokerage. This new setup will help Blueberry manage the growing number of rules in the financial industry.
Quinn Perrott, co-Chief Executive Officer at TRAction, said this partnership shows their strong promise to provide smooth and easy solutions. He explained it will make trade reporting easier, letting teams help clients more.
The new system allows TRAction to gather data directly from MT4, which means reporting can be right and done on time. This is super important because of new rules, like updates to the EU EMIR Refit, and more rules coming soon in places like Singapore, Australia, and the UK.
Dean Hyde, the Founder and Managing Director of Blueberry, stated that good data reporting is key for their promise of trust and transparency. He pointed out that this is very important for a global broker with clients and regulators.
He also said this integration with TRAction and MT4 makes reporting easier and helps them keep up with changing rules. This way, Blueberry can keep giving a great trading experience.
