Trading with Blueberry Funded offers a great opportunity, but it’s essential to know the rules before diving in. These guidelines will help you avoid any trouble and ensure a smooth trading experience. Let's go through them in simple terms.

Holding Positions Overnight and Over the Weekend :-

One of the benefits of trading with Blueberry Funded is that you’re allowed to keep your trades open overnight and even over the weekend. This is particularly useful if you prefer to hold onto trades for longer periods. However, be cautious, as the market can change significantly during the times it’s closed, which can affect your open trades.

Countries Where Trading Is Not Allowed :-

Before you start trading, it’s important to ensure that your country is allowed to participate. Blueberry Funded does not permit traders from several countries, including the United States, Australia, Cuba, Iran, Iraq, Myanmar, North Korea, Russia, Somalia, Syria, United Arab Emirates, and Yemen. If you reside in any of these countries, unfortunately, you won’t be able to trade with Blueberry Funded.

Using Bots and EAs for Trading :-

Blueberry Funded allows the use of automated trading systems like bots and Expert Advisors (EAs). However, they have restrictions on certain types of EAs. For instance, they do not allow High-Frequency Trading, which involves placing and canceling trades very quickly. They also prohibit Latency Arbitrage, where traders take advantage of delays in price feeds, and News Scalping, which is making fast trades around news releases. Another restricted practice is Reverse Hedging, where traders open opposite positions in different accounts to manipulate the system. Understanding these restrictions is key to ensuring your trading activities comply with Blueberry Funded's rules.

The Gambling Rule :-

Blueberry Funded is strict about avoiding any trading practices that resemble gambling. For example, overleveraging, where you use too much leverage, is not allowed because it can lead to significant losses. Additionally, they discourage one-sided bets, which involve repeatedly betting in the same direction without proper market analysis. Hyperactive trading, or making too many trades too quickly without careful consideration, is also frowned upon. Engaging in these activities could result in losing your account because they are considered too risky.

Copy Trading Rule :-

If you want to use copy trading, where your trades are automatically copied from another account, Blueberry Funded has specific rules. You are only allowed to copy trades from your own accounts, even if they are on different trading platforms. This rule is in place to ensure fairness and compliance with their policies.

Requesting a Payout :-

When it’s time to withdraw your profits, there are a few rules you need to follow. First, you can only request a payout after 14 days have passed since your account became eligible. Second, you must have earned at least $100 in profit before making a payout request. Finally, make sure that no trades are open when you submit your payout request. Following these steps will help you avoid any issues when withdrawing your money.

Withdrawal Options :-

Blueberry Funded offers two main options for withdrawing your profits. The first option is RiseWorks, a financial service platform that handles payouts. The second option is through cryptocurrency, which allows you to receive your profits in digital currency. You can choose the option that best suits your needs.

What You Can Trade :-

When trading with Blueberry Funded, you have access to a wide range of tradable instruments. This includes Forex, where you trade currency pairs, and Cryptocurrency, which involves trading digital currencies like Bitcoin. You can also trade Metals, such as gold and silver, and Energy products like oil and gas. Additionally, they offer Index products, allowing you to trade market indexes like the S&P 500. This variety gives you plenty of options to diversify your trading portfolio.

Trading Strategies You Can’t Use :-

Certain trading strategies are prohibited by Blueberry Funded because they are considered too risky or akin to gambling. For example, excessive scalping, where most of your trades are held for less than a minute, is not allowed. Martingale strategies, which involve holding multiple losing positions on the same currency pair simultaneously, are also banned. Another prohibited strategy is the "all in" approach, where you place a trade in one direction without any risk management, like using a stop-loss. Finally, grid trading, which involves placing multiple trades at fixed intervals without a clear plan, is also not permitted.

Using Trading Robots :-

While Blueberry Funded allows the use of Expert Advisors (EAs) or trading robots, there are several practices that are restricted. These include signal trading through copy traders, where you follow another trader’s signals, and account management by third-party copy traders. High-frequency trading is also restricted, along with data feed manipulation, which involves altering the data received from the market. Other restricted practices include tick scalping, latency arbitrage, reverse arbitrage, hedge arbitrage, and the use of emulators. Being aware of these restrictions is important to ensure that your trading activities remain within the platform's guidelines.

Rules for Trading During News Events :-

Trading during major news events can be risky because the market can move quickly and unpredictably. To protect traders and ensure fair play, Blueberry Funded has specific rules about news trading. You are not allowed to start or close trades 10 minutes before or after a high-impact news event. This includes any trade execution or closure, even if you placed the trade before the news was released. Following these rules can help you avoid unexpected losses and keep your account in good standing.

Closing Trades During News Events :-

Just as you’re restricted from opening new trades during high-impact news events, you’re also prohibited from closing any existing trades within that 10-minute window before and after the news. This rule is in place to prevent traders from taking advantage of sudden price movements that often occur during such events. Even if your trade was placed before the news, you should avoid closing it during the restricted period to comply with Blueberry Funded’s policies.

What Happens If Someone Trade During Restricted Times? :-

If you trade during these restricted times, there are serious consequences. For starters, any profits you earn from trades executed during these periods will be removed when you request a payout. If you violate this rule three or more times in a single payout request, the entire payout could be voided, and your account might be reset to its starting balance. Repeated violations could even lead to Blueberry Funded breaching your earnings account, which means you could lose your account altogether. It’s crucial to adhere to these rules to protect your trading account and profits.

Conclusion

Trading with Blueberry Funded can be highly rewarding, but it’s essential to follow their rules carefully. Make sure to manage your trades wisely, avoid risky practices, and stick to the guidelines set by the platform. By doing so, you’ll have a better chance of success and can enjoy a smooth trading experience without any hiccups.