Key terms

Figures below reflect Blueberry Funded’s published plan terms as reported by independent review desks in 2026. Terms in this sector change frequently — verify directly with the firm before paying any fee.

• Profit split: 80% standard, scaling to 90% for traders who meet the growth conditions (TradingFinder).
• Maximum drawdown: 10% static on standard accounts; 4% maximum total drawdown on the Instant Elite programme.
• Daily drawdown: 4% static, measured on the higher of balance or equity at 17:00 Eastern Time; no daily drawdown limit on Instant Elite.
• Profit targets (2-Step): 8% in Phase 1, 6% in Phase 2, with no time limit.
• Leverage: 1:30 on the 2-Step evaluation.
• Payout cycle: bi-weekly, typically processed within two business days of approval.
• Payout conditions: three profitable trading days, at least $100 in net profit, and no open trades at the time of request (Coinspot review desk).
• Scaling: up to $2 million in allocation, with the split rising to 90% on 10% net profit across three consecutive months plus at least four payouts in that window.

Static drawdown is the reason to look at this firm

Almost every firm this desk has reviewed in the past fortnight uses a trailing drawdown of some description. Blueberry Funded does not on its standard accounts, and that single design choice changes the trading problem more than any headline profit split.

A trailing drawdown ratchets the failure threshold upward every time the account makes a new high, so a trader who is up 8% and gives back 3% can be closer to a breach than they were on day one. A static 10% drawdown is measured from the starting balance and stays there. Profit accumulates as genuine buffer. A trader up 8% on a static account has, in effect, an 18% cushion; on a trailing account they still have 10%.

The daily figure works the same way — 4% static, assessed on the higher of balance or equity at 17:00 Eastern Time. Using the higher of the two is the trader-favourable choice, because it means an account that closed the previous day in unrealised profit gets credit for it in the next day’s calculation rather than being measured from the lower realised figure.

The trade-off is that the numbers themselves are not especially generous. A 10% maximum with an 8% then 6% two-phase target is a conventional structure, and the Instant Elite programme tightens the maximum drawdown to 4% in exchange for removing the daily limit entirely. That is a genuine choice rather than a marketing distinction: traders who blow up on daily limits should look at Instant Elite; traders who need room over a longer horizon should not.

The payout cycle is the real constraint

Blueberry Funded pays bi-weekly, with processing typically inside two business days once approved. That is respectable but it is not the on-demand or 24-hour model that several competitors now advertise, and the qualifying conditions add friction on top of the calendar.

Three requirements must be met at the point of request: at least three profitable trading days, a minimum of $100 in net profit, and no open positions. The three-profitable-days condition is the one that catches traders, because it is a count of profitable days rather than a count of trading days. A trader who is net profitable over a fortnight but achieved it across two strong sessions and several small losing ones does not qualify, regardless of the total.

The no-open-trades condition is operationally significant for anyone running swing positions. It forces a flat book at the withdrawal point, which for a position trader means either closing a thesis early or skipping the cycle.

What could not be verified: Blueberry Funded publishes no audited payout totals, no evaluation pass rate, and no median time from request to receipt. This review could not establish the legal entity behind the prop arm, its jurisdiction of registration, or whether the funded accounts are held under the same corporate entity as the affiliated broker. Nor could it confirm the proportion of traders who satisfy the three-month, four-payout scaling condition — a figure that would materially change how the 90% split should be read.

Broker backing, and what it does and does not mean

Blueberry Funded launched in 2024 and is connected to Blueberry Markets, an established foreign-exchange broker with its own trading infrastructure and platform stack. In a sector where the modal structure is a newly incorporated offshore company with a payments entity in a second jurisdiction, an operating broker behind the product is a meaningful differentiator on execution quality and business continuity.

It is important to be precise about what it does not mean. Broker backing is not the same as the prop entity being regulated. The funded accounts are simulated; the capital is the firm’s, not the trader’s; and no client-money segregation regime applies to a simulated balance. A trader in dispute with the prop arm does not automatically acquire the protections available to a retail client of the affiliated broker. Prospective traders should ask, in writing, which entity contracts with them and under which jurisdiction.

The contrast with the offshore model is stark and worth drawing explicitly. Elsewhere in this cluster we found firms registered in Saint Lucia routing payments through a separate United Arab Emirates entity — see the Blue Guardian review for that structure in detail. Neither arrangement is regulated, but they carry different continuity risk, and continuity risk is what determines whether an account still exists in two years.

How it compares

Term	Blueberry Funded	Funding Pips	Alpha Futures
Max drawdown basis	10% static (4% on Instant Elite)	Static drawdown	Published per plan
Daily drawdown	4% static on higher of balance or equity at 17:00 ET	Published per plan	Published per plan
Profit split	80%, scaling to 90%	Published per plan	Published per plan
Consistency rule	None published; payout gated on 3 profitable days	15% consistency rule	Published per plan
Payout cadence	Bi-weekly, ~2 business days to process	Published per plan	Published per plan
Corporate backing	Affiliated with an operating FX broker	Standalone prop entity	Standalone prop entity

Against Funding Pips, which also uses a static drawdown, Blueberry Funded’s advantage is the absence of an explicit consistency percentage — its payout gate is a day count instead, which is easier to satisfy for a trader with one large winning session. Against Alpha Futures, the differentiator is corporate structure rather than terms.

Regulatory posture

Blueberry Funded is not a regulated broker in its own right and holds no authorisation from the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC) or the Commodity Futures Trading Commission (CFTC) for its proprietary trading product. Accounts are simulated throughout the evaluation and funded phases.

Traders should not infer regulatory coverage from the affiliated broker’s status. The two are separate propositions, and the protections attaching to one do not extend to the other. This distinction is precisely what supervisors have begun probing across the sector, as covered in our analysis of how regulators are closing in on retail prop trading in 2026.

No named trader or Blueberry Funded executive is on the public record with a verbatim, attributable statement about the firm’s payout process, so this review does not carry a quote rather than paraphrase one.

FAQ

Is Blueberry Funded’s drawdown trailing or static?

Static on standard accounts — 10% maximum measured from the starting balance, with a 4% daily figure assessed on the higher of balance or equity at 17:00 Eastern Time. The Instant Elite programme uses a 4% maximum total drawdown and removes the daily limit. Static drawdown means accumulated profit becomes real buffer rather than a moving threshold.

How often does Blueberry Funded pay?

Bi-weekly, typically processed within two business days of approval. A request requires at least three profitable trading days, a minimum of $100 net profit, and no open positions at the time of the request.

What does it take to reach the 90% split?

The scaling plan requires 10% net profit across three consecutive months plus at least four processed payouts within that same three-month window. Allocation can scale toward $2 million. The four-payout condition means a trader must have been withdrawing steadily, not accumulating.

Is Blueberry Funded regulated because of its broker connection?

No. The affiliation with an operating foreign-exchange broker is a business and infrastructure relationship, not a regulatory one. The proprietary trading product is unregulated, accounts are simulated, and no client-money protection applies to a simulated balance.

What are the profit targets?

On the 2-Step evaluation, 8% in Phase 1 and 6% in Phase 2, with no time limit and 1:30 leverage. Blueberry Funded also offers 1-Step, Prime 2-Step, Rapid, Synthetic and instant-funding routes with differing parameters.

This review is independent editorial analysis and is not financial, investment, or trading advice, and is not an endorsement or solicitation. The Industry Spread has no affiliate or referral relationship with the firms covered. Proprietary trading challenges carry a fee that is generally non-refundable, most participants do not reach a funded account, and funded capital is the firm’s capital, not the trader’s. Terms change frequently — always verify current rules directly with the firm before paying any fee.