The proprietary trading industry continues to evolve rapidly. New firms enter the market, some disappear, while others gradually build a stronger reputation and operational track record among traders.

One company currently attracting attention is Blueberry Funded.

At IFTC – Funded Trading Commission, we believe the firm presents several characteristics that deserve consideration. There are encouraging elements surrounding its business model, alongside certain points that would require further verification before IFTC could reach a more definitive conclusion.

So, is Blueberry Funded a legitimate prop firm? At this stage, the most appropriate answer is: it deserves a closer look.

A Different Positioning From Many Prop Firms

One of the first interesting aspects of Blueberry Funded is its positioning as a broker-backed prop firm. Blueberry Funded publicly documents a relationship with Blueberry Markets, a broker that has operated within the online trading industry for several years.

This connection to an established brokerage ecosystem is worth considering. However, being associated with or supported by a broker should not, by itself, be interpreted as a guarantee regarding the financial strength, payouts or commercial practices of a prop firm.

Every proprietary trading company should ultimately be assessed on its own structure, rules, payout procedures, risk controls and treatment of traders.

Nevertheless, in an industry where some prop firms can be launched relatively quickly with limited infrastructure, the presence of a broader and more established professional ecosystem around the brand is a potentially positive factor.

A Relatively Structured Offering

Blueberry Funded offers several account models and provides documentation explaining many of its trading conditions. Traders can access information concerning trading objectives, drawdown limits, prohibited strategies, payout procedures and the conditions attached to different programs.

From a transparency perspective, this is encouraging. For an independent organization such as IFTC, the accessibility and clarity of trading rules are among the first elements considered when evaluating a proprietary trading firm. Our guidance on how to verify if a prop firm is legitimate sets out the same starting point.

But written rules represent only one part of the assessment. The more important question is: how are those rules applied when traders become profitable and request payouts?

This is where operational history becomes particularly important.

The Trustpilot Warning: A Point Requiring Attention

Any review of Blueberry Funded should acknowledge the recent situation surrounding its Trustpilot profile. Trustpilot has displayed a warning concerning Blueberry Funded and stated that it identified and removed reviews it considered to be non-genuine.

This is clearly something that deserves attention. However, it should also be interpreted with appropriate context.

Review platforms rely on their own detection and moderation systems. Businesses across many industries have challenged the removal of reviews they believe were genuine, and automated or internal moderation systems are not necessarily an infallible measure of a company's overall legitimacy.

The financial trading and proprietary trading industries present an additional challenge. Traders who experience disputes, account closures or payout problems may naturally be more inclined to publish reviews than customers whose experience proceeds normally. At the same time, artificially generated positive reviews can also exist within the industry.

For this reason, a Trustpilot rating — whether positive or negative — should never be considered sufficient evidence on its own to certify or disqualify a proprietary trading firm. It should instead be treated as one indicator among several.

Questions Around Recent Payout Experiences

Some recent public reviews have also raised concerns regarding payout delays. Blueberry Funded has publicly responded to some of these cases and has referred to changes or upgrades to its payment infrastructure that may have temporarily increased processing times.

Importantly, there are also cases in which traders who initially reported delayed payments subsequently confirmed that they ultimately received their payouts. This distinction matters.

A delayed payout does not automatically mean that a company is insolvent or deliberately refusing to pay profitable traders. However, when several similar reports appear within a relatively short period, an independent review should seek to understand the reasons behind them.

The relevant questions include whether the delays were temporary, whether affected traders were ultimately paid, how disputes were communicated, and whether the underlying operational issue has now been resolved.

Is Blueberry Funded Legitimate?

Based on the information currently available, IFTC believes it would be premature to provide a categorical answer.

There are several potentially positive indicators surrounding Blueberry Funded, including its broker-backed positioning, its professional ecosystem, the availability of documented trading rules and public reports from traders who have successfully received payouts.

At the same time, recent concerns surrounding review-platform warnings, payout processing and certain risk-control decisions justify additional verification.

Our position is therefore neither to recommend Blueberry Funded nor to automatically discourage traders from using the firm. Our conclusion is more measured: Blueberry Funded appears to be a prop firm worth examining in greater detail.

Current IFTC assessment

Status: Under review / Not yet listed

Blueberry Funded presents several potentially positive indicators but requires additional independent verification before IFTC could reach a definitive conclusion regarding possible Registry inclusion. The firm has not yet undergone a complete IFTC verification process, and this status does not indicate a failed assessment.

Could Blueberry Funded Join the IFTC Registry?

IFTC – Funded Trading Commission is an independent private initiative promoting transparency and better practices within the proprietary trading industry. The IFTC Prop Firm Registry operates without affiliate links, referral codes or commissions generated when traders purchase challenges from listed firms.

When a proprietary trading company is considered for inclusion in the Registry, several areas may be examined, including:

  • Corporate and legal structure
  • Management and operational background
  • Trading rules and prohibited strategies
  • Payout procedures and historical payout performance
  • Risk-review procedures
  • Account termination policies
  • Dispute-handling processes
  • Communication with traders
  • Overall operational transparency

In the case of Blueberry Funded, a more detailed review could help clarify some of the questions currently visible in public feedback while also allowing the firm's positive characteristics to be assessed more accurately. Our explainer on prop firm certification versus regulation describes what such a review does and does not represent.

IFTC would therefore welcome contact from Blueberry Funded's management or compliance team to provide additional information and explore whether the firm could qualify for inclusion in the Registry.

Represent Blueberry Funded?

IFTC would welcome additional information from Blueberry Funded's management or compliance team. A direct review can help clarify publicly available information and determine whether the firm may qualify for inclusion in the IFTC Registry.

Contact IFTC Apply for Commission Review

Verification Matters More Than Reputation

A proprietary trading firm should not be judged solely on a small number of negative reviews. But it should not automatically be considered trustworthy simply because it is popular, well marketed or associated with an established financial brand.

The proprietary trading industry is still developing. Independent verification, transparency and accountability will therefore become increasingly important as the sector matures. Readers can also consult our overview of prop firm certification in 2026.

Blueberry Funded presents several characteristics worth examining. The next step is verification. And that is precisely what IFTC exists to encourage.

This article is provided for informational purposes only. IFTC – Funded Trading Commission is an independent private initiative and is not a government authority or financial regulator. Inclusion or non-inclusion in the IFTC Registry does not constitute financial advice, regulatory approval, or a guarantee of performance, payouts or solvency.