Why is Blueberry migrating from VFSC to MFSC?
Blueberry is transitioning from VFSC to MFSC. This move provides stronger alignment with international standards and a more robust regulatory framework. As part of this process, client accounts will be migrated under MFSC.
Importantly, your trading account, access details, and trading conditions (MT4/MT5, DXtrade, TradingView, Client Portal, etc.) will remain the same.
Will this affect how I use my account?
No. You will continue to:
Log in through the same Blueberry Client Portal.
Access MT4/MT5, DXtrade, and TradingView as normal.
Trade under the same account number and password.
Enjoy the same spreads, leverage, and trading instruments.
What is the effective date of this change?
The novation to MFSC takes effect on 8 September 2025.
Do I need to open a new account?
No. All existing accounts will be transferred seamlessly to MFSC.
You don’t need to reapply or open a new account.
Where will my funds be held?
All client funds will remain in segregated bank accounts, held on trust and managed in line with best practice standards.
Funds are reconciled daily, never used for operational purposes, and subject to external audits.
Will I still be able to deposit and withdraw normally?
Yes. Deposits and withdrawals will continue as normal without any interruption.
Will there be any changes to my leverage or instruments?
No. All leverage, instruments, and trading conditions will remain the same unless new products are introduced in the future.
Who is the Mauritius Financial Services Commission (MFSC)?
The MFSC oversees non-banking financial institutions and global businesses, ensuring compliance with international standards.
The MFSC’s role includes:
Issuing licences for financial service providers
Supervising compliance with financial regulations
Conducting inspections and reviews
Promoting integrity and transparency in the financial sector
🔗 Learn more: www.fscmauritius.org
Will my complaints process change?
There may be minor updates to the Complaints Handling Policy to reflect the MFSC entity.
You will continue to raise complaints through the same Blueberry channels (live chat, email, or phone).
Updated policies and Client Agreement:
What happens if I don’t accept the novation?
By continuing to trade with Blueberry, you acknowledge the novation to MFSC.
If you disagree, your account will unfortunately need to be closed. You will be required to withdraw your funds before closure.
I am an Introducing Broker/Affiliate. How will this affect me?
There will be no change to the way you or your clients are serviced, other than accounts being transferred under MFSC.
Will my open trades be affected by the migration?
No. All open trades will remain active and unaffected.
Do I need to sign anything to accept the migration?
No action is required unless you opt out.
By continuing to use your Blueberry account after 8 September 2025, you are deemed to have accepted the novation.
Will fees, spreads, or commissions change under MFSC?
No. Your trading costs and account conditions remain exactly the same.
Is MFSC considered a strong regulator?
Yes. MFSC operates under international standards and is recognised for its robust financial oversight.
Will this migration affect my tax reporting or residency status?
No. This is a licensing change only.
Will there be downtime during the novation?
No, there will be no downtime on Monday, 8 September 2025, when the migration takes effect.
However, over the preceding weekend, crypto trading will be temporarily disabled while the migration takes place. All other trading and account access will remain unaffected.
What happens to my personal data during this transition?
Your data will be securely transferred under the MFSC entity and remain protected under Blueberry’s Privacy Policy.
Can I still use DXtrade and TradingView?
Yes. All supported platforms remain available with no changes.