A side by side comparison of BlackBull Markets and OANDA on regulation, spreads, platforms, minimum deposit and our independent scores, so you can pick the right broker for how you trade.
Overall, BlackBull Markets scores higher in our review (79 vs 79 out of 100). BlackBull Markets has the tighter typical EUR/USD spread, which suits scalpers and high-frequency traders. Both are regulated by recognised authorities.
| BlackBull Markets | OANDA | |
|---|---|---|
| MSP Score | 79/100 (B) | 79/100 (B) |
| Reputation score | 66/100 | 80/100 |
| Regulation | FMA, FSA | NFA/CFTC, FCA, ASIC |
| Founded | 2014 | 1996 |
| Headquarters | Auckland, New Zealand | New York, USA |
| Platforms | MT4, MT5, cTrader, TradingView | OANDA Trade (fxTrade), MT4, MT5, TradingView |
| MetaTrader 5 (MSP-ready) | Yes | Yes |
| Minimum deposit | $0 | $0 |
| Typical EUR/USD spread | 0.1 pips | 0.9 pips |
| Execution | ECN/STP | No dealing desk |
| Products | CFD, DMA, Invest / real shares | CFD |
| Min deposit currency funding | Card, Bank transfer, Skrill | Card, Bank transfer, PayPal |
One clear TRADE or NO-TRADE verdict on any MetaTrader 5 chart. Free 7-day trial, no card.
Start free trialFor the complete breakdown of each broker, including reputation and regulator notes, read our BlackBull Markets review and our OANDA review. You can also visit BlackBull Markets or OANDA directly.
BlackBull Markets scores higher overall in our review (79/100 vs 79/100), but the better choice depends on what you value. BlackBull Markets has tighter spreads. Compare the full table above to pick the right one for you.
BlackBull Markets has the tighter typical EUR/USD spread of the two, though final costs depend on your account type and any commission. Check current spreads on each broker's site.
Yes, both offer MetaTrader 5, so MSP runs on either.
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