BlackBull Markets vs OANDA 2025

2. Better Trading Platform – BlackBull Markets

BlackBull markets and OANDA are strong contenders in the trading platform segment. BlackBull Markets excels with its support for MetaTrader 5 and cTrader, offering advanced tools for professional traders. Both provide MetaTrader 4 and TradingView, ensuring robust charting and analysis capabilities. OANDA stands out with its proprietary platform, known for its user-friendly interface and advanced features. These brokers cater to diverse trading preferences.

We have created a software questionnaire if you are unsure what platform best suits your trading style. Based on six simple questions, we can recommend the best trading software for your trading needs.

Metatrader

BlackBull Markets supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), offering advanced charting, algorithmic trading, and a vast range of analytical tools. MT5 adds enhanced features like more timeframes and better depth of market analysis, making it a robust choice for modern traders. OANDA, on the other hand, supports only MT4, which remains popular for its reliability but lacks MT5’s latest enhancements. Both leverage MetaTrader’s global community and tools to cater to diverse trader needs.

Advanced Platforms

BlackBull Markets takes the lead here by including cTrader and TradingView alongside MetaTrader. cTrader provides a user-friendly interface with advanced analytical tools and quick execution speed. TradingView integration offers top-notch charting and social networking for traders to share strategies globally. OANDA counters with a proprietary platform known for its simplicity, offering advanced tools. seamless functionality, and integration with TradingView, ensuring a high-quality trading experience.

Copy Trading

Both support copy trading, enabling users to replicate strategies from experienced traders. BlackBull Markets integrates Myfxbook, which is particularly favoured for its robust analytics and performance tracking. OANDA also offers accessible copy trading tools, ensuring inclusivity for traders seeking collaborative strategies. These features empower traders of all skill levels to leverage expertise from the community while personalising their trading approaches.

Our Better Trading Platform Verdict

Due to a better trading platform, BlackBull Markets edges ahead with its superior platform variety and advanced tools.

BlackBull Markets ReviewVisit BlackBull Markets

3. Superior Accounts And Features – OANDA

BlackBull Markets and OANDA cater to diverse trading needs with tailored account offerings. OANDA operates primarily as a spread-only broker, providing tight spreads starting from 0.92 pips and ECN-style trading in specific regions, with commission fees ranging from $7 to $10 per lot. BlackBull Markets excels in STP trading, offering spreads as low as 0.0 pips and a competitive commission of $3 per lot. Both deliver options suited to varying trading preferences.

OANDA stands out for its tight spreads on standard accounts, appealing to traders focused on minimising costs. BlackBull Markets, on the other hand, offers stronger features for STP trading, backed by competitive spreads and commissions that benefit active traders. Additional features such as SWAP-free accounts with BlackBull Markets provide flexibility, while OANDA enhances its appeal with spread betting options for UK residents. Each broker’s offerings contribute significantly to supporting traders’ strategies and improving overall trading efficiency.

OANDA takes the lead with its superior account structure, tight spreads, and diverse trading features, making it a strong choice for cots-conscious traders. BlackBull Markets impresses with its STP trading capabilities and SWAP-free account option, serving a wider range of preferences. Both excel in providing tailored solutions that enhance trading experiences across different profiles.

Our Superior Accounts and Features Verdict

Thanks to its superior accounts and features, OANDA takes the lead due to its robust account features and competitive spreads.

OANDA ReviewVisit OANDA

*Your capital is at risk ‘76.6% of retail CFD accounts lose money’

4. Best Trading Experience And Ease – OANDA

BlackBull Markets and OANDA cater to distinct trader preferences, offering unique trading experiences. BlackBull Markets shines with its high leverage and rapid execution speeds, making it an ideal choice for scalpers and day traders. Meanwhile, OANDA stands out for its user-friendly platform, tailored for beginner traders looking for a seamless introduction to forex trading. Both showcase their strengths in delivering efficient and accessible trading environments.

• BlackBull Markets boasts the highest leverage among the brokers we’ve tested.
• OANDA is our top pick for beginners, ensuring a seamless introduction to forex trading.
• BlackBull Markets offers the fastest execution, a critical factor for day traders and scalpers.
• OANDA’s platform is intuitive, making it easy for traders to navigate and execute trades.

BlackBull Markets boasts industry-leading execution speeds, such as a 72ms limit order speed, making it a top pick for fast-paced traders seeking minimal delays. Its highest leverage options further enhance its appeal to active and experienced traders. OANDA, on the other hand, focuses on simplicity and ease of use with an intuitive platform that makes navigation and execution stress-free. These elements contribute significantly to the forex industry supporting seasoned professionals and those just entering the market.

Our Best Trading Experience and Ease Verdict

In light of their best trading experience and ease, OANDA steps ahead with its emphasis on ease and accessibility.

OANDA ReviewVisit OANDA

*Your capital is at risk ‘76.6% of retail CFD accounts lose money’

5. Stronger Trust And Regulation – OANDA

BlackBull Markets and OANDA differ significantly in trust and regulation. OANDA boasts tier 1 regulation in four major regions, including the U.S., UK, Canada, and Australia, ensuring comprehensive global oversight. BlackBull Markets, regulated locally in New Zealand (tier 2) and Seychelles (tier 3), focuses on regional traders. With a stellar reputation and over 26 years in operation, OANDA has a higher trust score, while BlackBull markets maintain localised credibility, ideal for specific markets.

Without any doubt, OANDA’s trust score is impressive at the rate of 96 compared to BlackBull Markets 50. But let us see how they fare with other features and platforms.

OANDA Trust Score

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BlackBull Markets Trust Score

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OANDA has four ‘tier 1’ regulators, including:

• CFTC (US Regulation)
• IIROC (Canadian Regulator)
• FCA (UK Regulator)
• ASIC (Australian Regulator)

BlackBull Markets has two regulators including:

• FMA (New Zealand) – ‘Tier 2’
• FSA (Seychelles) – ‘Tier 3’

BlackBull Markets won the best forex brokers in NZ award and is recommended for most NZ traders.

OANDA’s global reach is supported by robust tier 1 regulators, making it a top choice for traders prioritising security and international compliance. Its headquarters are in New York and consistent awards solidify its trusted position. BlackBull Markets excels in local regulation via New Zealand’s FMA, appealing to traders in the region. Despite fewer global recognitions, it has a TrustPilot rating of 4.7, higher than OANDA’s 3.7, showcasing positive user feedback. Both offer reliability but cater to different markets and trader expectations.

OANDA leads with its stronger regulatory framework, long-standing reputation, and global popularity, making it ideal for traders seeking trust and security across diverse markets. BlackBull Markets, while less extensive, shines for its regional expertise and excellent user ratings, positioning it as a reliable option for New Zealand traders. Both are well-equipped, depending on individual needs.

Our Stronger Trust and Regulation Verdict

OANDA ranks highest due to its superior global trust and regulation.

OANDA ReviewVisit OANDA

*Your capital is at risk ‘76.6% of retail CFD accounts lose money’

6. Top Product Range And CFD Markets – BlackBull Markets

BlackBull Markets and OANDA offer strong yet distinct product ranges tailored to diverse trader needs. BlackBull Markets excels with over 23,000 share CFDs, 64 forex Paris, and 11 cryptocurrencies, alongside higher leverage of up to 500:1. OANDA, with its multi-regulated trust, offers 62 forex Paris, 16 indices, and a limited but reliable selection of 4 cryptocurrencies and 5 spot commodities. Both caters to varied strategies, making them significant contenders in the forex industry.

BlackBull Markets stands out with its extensive range of CFDs, including equities, commodities, and futures, appealing to traders seeking portfolio diversity. With a maximum leverage of 500:1, it’s particularly attractive to high-leverage traders. OANDA focuses on a simpler yet effective product offering, primarily centred on forex and indices, with limited options for cryptocurrency CFDs and spot commodities. Its streamlined approach suits traders in the USA, where CFD trading is restricted, ensuring compliance with regulatory requirements. Both enhance forex trading, providing tailored options to address trader preferences globally.

BlackBull Markets takes the lead with its comprehensive product range and CFD offerings, making it ideal for traders seeking extensive market access. Meanwhile, OANDA provides a regulated and trusted environment, catering to traders who prioritise simplicity and compliance. These brokers elevate the trading experience by addressing varied trader needs with their unique strengths.

Our Top Product Range and CFD Markets Verdict

BlackBull Markets secure success in this category due to top product range and CFD markets.

BlackBull Markets ReviewVisit BlackBull Markets

7. Superior Educational Resources – OANDA

Education is a priority for BlackBull markets and OANDA, as they invest heavily in equipping traders with valuable resources. BlackBull markets cater to a broad audience, offering advanced trading strategy guides for experienced traders alongside content for beginners. OANDA, however, takes a more structured approach, presenting beginner-friendly webinars, tutorials,   and a streamlined portal for traders to access relevant material. Both provide demo accounts for practice, helping traders build confidence before entering live markets.

BlackBull Markets excels in delivering in-depth educational content, tailored for traders advancing their strategies in complex markets. OANDA shines with its intuitive and beginner-oriented offerings, such as interactive quizzes and structured learning paths that simplify trading for novices. Both ensure comprehensive access to insights, including market analysis and expert tips, fostering growth for traders at every level. Their focus on accessible education enhances the overall forex trading experience by promoting well-informed decision-making.

Here’s a breakdown of what each broker can offer:

• BlackBull Markets provides comprehensive educational content catering to both beginners and experienced traders.
• OANDA, recognized as the best for beginners, offers a structured learning path with webinars, tutorials, and articles.
• BlackBull Markets’ resources delve deep into advanced trading strategies, ensuring traders are well-equipped to navigate the markets.
• OANDA’s educational portal is user-friendly, allowing traders to easily find and consume content relevant to their trading level.
• Both brokers offer demo accounts, enabling traders to practice their strategies without risking real money.
• Interactive quizzes, market analysis, and expert insights are also part of the educational offerings from both brokers.

OANDA emerges as the leader in this segment with its superior, structured educational resources that provide a seamless entry point for beginners. BlackBull Markets remains a strong contender with its focus on advanced trading knowledge, catering to seasoned traders. Both significantly contribute to enhancing forex education, addressing the diverse needs of their trader communities.

Our Superior Educational Resources Verdict

Due to OANDA’s superior educational resources, they win this distinction.

OANDA ReviewVisit OANDA

*Your capital is at risk ‘76.6% of retail CFD accounts lose money’

8. Superior Customer Service – OANDA

Customer service is a top priority for both BlackBull Markets and OANDA, offering multiple communication channels such as live chat, email, and phone support. BlackBull Markets emphasises swift response times and knowledgeable staff, providing support during active trading hours (24/6). OANDA delivers a global presence with support teams in various regions, ensuring seamless assistance through its multilingual support and 24/5 availability. Both showcase their commitment to reliable customer service.

BlackBull markets cater to traders seeking prompt and effective solutions, emphasising a knowledgeable team and availability throughout key trading hours. Its quick support response builds trust and ensures a positive experience for users. OANDA, with its localised and global presence, ensures traders from multiple regions receive tailored assistance. Its multilingual capabilities further enhance accessibility, providing an inclusive service for a global clientele. These brokers demonstrate the importance of reliable customer care in the competitive forex trading world.

OANDA takes the lead with its globally localised approach, ensuring unmatched accessibility and comprehensive support. BlackBull Markets impresses with fast response times and a strong team that delivers efficient service during trading hours. Both contribute to trader satisfaction and address user concerns, making customer support a defining factor in their competitive edge.

Our Superior Customer Service Verdict

OANDA claims the title in this segment due to superior customer service.

OANDA ReviewVisit OANDA

*Your capital is at risk ‘76.6% of retail CFD accounts lose money’

9. Better Funding Options – OANDA

BlackBull markets and OANDA provide diverse funding methods to accommodate traders’ varying needs. BlackBull Markets offers Neteller, Skrill, UnionPay, and FassaPay, catering to traders who prefer modern e-wallets. OANDA, on the other hand, includes popular options like PayPal and BPay, ensuring a globally accessible and user-friendly experience. Both prioritise flexibility, helping traders manage their accounts with ease.

BlackBull markets excel in offering a broad range of funding options, particularly with its inclusion of multiple e-wallet services such as Skrill and Neteller, which appeal to tech-savvy traders. OANDA’s inclusion of PayPal adds. convenience for traders familiar with this global payment platform. SEPA transfers and traditional bank transfer options are available with both brokers, ensuring accessibility for traders worldwide. These varied funding methods contribute significantly to enhancing the overall trading experience, enabling seamless account management.

The table below provides a comprehensive comparison of the funding options available with BlackBull Markets and OANDA:

OANDA takes the lead in this segment with its globally recognised payment methods such as PayPal, which ensure better accessibility for traders across different regions. BlackBull Markets remains a competitive option with its wider range of e-wallet offerings. Both succeed in providing efficient and diverse funding solutions, emphasising trader convenience and flexibility in managing accounts.

Our Better Funding Options Verdict

OANDA’s better funding options achieve victory here.

OANDA ReviewVisit OANDA

*Your capital is at risk ‘76.6% of retail CFD accounts lose money’

10. Lower Minimum Deposit – A Tie

BlackBull Markets and OANDA offer $0 minimum deposits, providing traders with cost-effective entry points. Blackbull Markets employs a tiered system, m making $0 deposits available for its ECN Standard account, while higher-tier accounts require $2,000 to $25,000. OANDA simplifies its structure with $0 minimum deposits for Spread Only and Core Pricing accounts. These features ensure flexibility and accessibility for various trader profiles.

BlackBull Markets appeals to traders seeking advanced account types with its tiered deposits and additional features like ECN Prime and Institutional accounts. OANDA focuses on simplicity, offering lower minimum deposits across its account types with no complex tiers. Both provide $0 minimum deposits for bank wire transfers and accessible thresholds for other payment methods, including Trustly for OANDA and Sskrill for BlackBull Markets. By accommodating diverse deposit requirements, both make forex trading more approachable for all levels.

BlackBull Markets

OANDA

BlackBull Markets offers a tiered minimum deposit system based on the type of account:

• ECN Standard: $0
• ECN Prime: $2,000
• ECN Institutional: $25,000

On the other hand, OANDA keeps it simple with:

• Spread Only: $0
• Core Pricing: $0

This category ends in a tie, as both BlackBull Markets and OANDA excel in offering $0 minimum deposit options to traders. BlackBull Markets caters to those aiming for advanced trading setups, while OANDA simplifies processes with accessible accounts and straightforward deposits. They empower traders by reducing barriers to entry and enhancing the overall trading experience.

Our Lower Minimum Deposit Verdict

Both BlackBull Markets and OANDA are tied in this category for having lower minimum deposit.

BlackBull Markets ReviewVisit BlackBull Markets

So Is OANDA or BlackBull Markets The Best Broker?

In most key areas we have evaluated, OANDA takes the lead due to its consistency, while BlackBull Markets offers a comprehensive trading experience for its users.

The table below summarises the key information leading to this verdict:

BlackBull Markets: Best For Beginner Traders

BlackBull Markets offers a more user-friendly and comprehensive platform, making it the better choice for starters and beginner in the trading world.

OANDA: Best For Experienced Traders

For having advanced tools and features such as MetaTrader 5 and cTrader, and top product range and CFDs, OANDA dominates in this category as the preferred broker for seasoned traders.