Can I deposit through a third-party?

With the exception of crypto deposits, ALL deposits must be made from a payment account with the same name present on your trading account.

We highly discourage using another person’s payment account to fund your trading account as you may have issues with withdrawals— and we cannot guarantee successful processing if this is the case.

What is considered a third party?

 A third party typically refers to an entity or individual other than the trader and the brokerage firm. Any card, bank account, or e-wallet not held in the trader’s name (account holder’s name) is considered a third party. This also includes company/business credit cards, even the ones under the account holder’s name. 

Third-party deposit methods involve using an intermediary or a service provider to transfer funds from a source outside the trader’s direct control.

To understand a realistic third-party payment situation, consider the following example:

“I recently opened a trading account under my name. However, when I tried to fund my account using my father’s debit card, which is under his name, the transaction was declined. The card was flagged as third-party, and I couldn’t proceed with the deposit”.

 

This payment is considered third-party because it involves using a financial instrument (such as a credit card, debit card, or prepaid card) that is not directly associated with the individual trading account holder. 

Blueberry Markets supports numerous deposit methods

To ensure traders can quickly make deposits without involving any third parties, we support a wide range of deposit methods, including:

• VISA & MasterCard: Usually instant. Traders can deposit up to $10,000 at once, multiple times allowed. No daily deposit limit.
• Bank transfers: International transfers attract ~$25+ fee. Maximum deposit: $500,000.
• DragonPay: Exclusive to the Philippines, deposit up to $8,000. Converts to USD at the prevailing rate.
• Skrill: Supports various currencies, max deposit $10,000 per transaction. 
• KoraPay: Exclusive to Nigeria, Kenya, Ghana. Deposit up to 12,000 NGN, 450 KES, or 400 GHS per transaction.