Current prop trading customers who use MT via the broker are not impacted. It has been noted that the brokerage is not included in the MetaTrader programme.

Blueberry Markets' recent decision to restrict the grey-labelling of its MetaTrader licenses to prop trading organizations presents another obstacle for the prop trading sector. Many of these companies have attested to the broker's request for them to stop accepting new clients on MetaTrader.

It has been said that the move has no immediate effect on current clients who use MetaTrader on Blueberry Markets, notwithstanding the upheaval among several prop trading organizations. There won't be any interruptions to these clients' use of the platform.

The service outage has a negative impact on customers of prop trading companies outside of the US. There are now no brokerages that support prop trading firms that offer MetaTrader to US customers following MetaQuotes' purported crackdown last month.

Blueberry Markets' decision was unexpected, according to Jon Alexander, CTO of prop business Maven Trading, especially in light of the broker's lack of presence on the MetaTrader app.

"We are temporarily halting new purchases for MT products," Alexander stated. They have requested that we cease bringing new customers onto MT products until they have more information from MT regarding the reason their brokerage isn't showing up in the MT app. BBM has informed us that current MT clients can continue trading without any issues.

Other prop firms, like MyFundedFX, Funded Engineer, and Funded Nation, have all stated that new onboarding through Blueberry Markets has been suspended. Through their relationship with Blueberry, MyFundedFX has recently confirmed the resumption of MetaTrader platforms for non-US customers; however, this has since been disrupted.

One of the few brokers serving the prop trading business is Blueberry Markets. Many companies in this industry have shifted to Blueberry Markets as a result of Purple Trading, Eightcap, and ThinkMarkets' recent decision to stop providing MetaTrader to prop trading firms. Prop trading organizations can still get alternative MetaTrader solutions from Purple Trading and ThinkMarkets.

In addition to being governed locally by ASIC and having its headquarters in Australia, Blueberry Markets is also licensed to operate overseas, first in Vanuatu and then in St. Vincent and the Grenadines. Govinda Pathak was recently hired to serve as the Head of Marketing.