Prop firm Blueberry Funded has expanded its evaluation program to include CFD stock trading challenges, giving traders access to over 1,000 stocks through MetaTrader 5 and DXtrade platforms.

Blueberry Funded Expands Trading Challenges to Include CFD Stocks

The firm, which is backed by Australian broker Blueberry Markets, announced this month, broadening its challenge offerings beyond forex and other traditional CFD assets.

Traders can now participate in stock CFD challenges with account sizes ranging from $5,000 to $200,000, with successful participants earning up to 80% profit splits. The program includes options for one-phase, two-phase, and rapid evaluation formats.

“CFD stock trading got added recently to our Blueberry.Funded challenge option,” the company commented on social media. “Imagine buying the dip right now and holding it.”

It’s worth emphasizing that the challenge-based approach to CFD stocks is still relatively new. Among the larger and more popular prop firms, only Lark Funding, FXIFY, The Trading Pit, and Trade The Pool currently offer it.

Backed by Blueberry Markets

Participants in the challenges must meet profit targets between 5% and 10% while adhering to risk management parameters, including maximum drawdown limits typically set between 3% and 6%. Accounts can be scaled up to $2 million with the potential to increase profit shares to 90%.

The expansion leverages the infrastructure of Blueberry Markets, which was established in 2016 and holds regulatory licenses in Australia through ASIC, as well as in Vanuatu and Saint Vincent and the Grenadines.

Trading conditions for the challenges mirror those of Blueberry Markets, with forex and metals trades incurring a $7 per lot commission, while CFD trades on indices and stocks involve only spreads without additional commissions.

Prop Client to CFD Broker Client

The company is also rolling out new withdrawal options. By mid-April 2025, successful challenge participants will be able to withdraw payouts directly to Blueberry Markets accounts, creating what the firm describes as "a pathway to true financial freedom."

"This is what Broker-Backed truly means," the company noted in its March 31 announcement of the upcoming withdrawal feature.

Introducing the ability to trade CFD stocks through challenges, followed by the option to transfer winnings directly to Blueberry Markets, is an intriguing way to attract prop trading clients to the broker’s offerings. At the same time, it also helps retain capital within the platform.

Last year, the company appointed Marcus Fetherston as General Manager. He previously worked at Pepperstone, among other roles, as Operations Officer and Team Lead.

Source: Finance Magnates