BlackBull Markets vs OANDA
Head-to-head comparison of fees, platforms, regulation, and trading conditions to help you choose the right EU broker in 2026.
CFD risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs.
Quick Verdict
BlackBull Markets scores higher overall at 8.7/10 vs 8.6/10.
Score Comparison
Trading Conditions
| Condition | BlackBull Markets | OANDA |
|---|---|---|
| Min Deposit | None | None |
| EUR/USD Spread | 0.0 pips (ECN Prime), 0.8 pips (Standard) | 0.6 pips average |
| Commission | $3.00 per lot per side (ECN Prime), None (Standard) | None (Standard), varies (Core Pricing) |
| Leverage (Retail) | 30:1 | 30:1 |
| Leverage (Pro) | 500:1 | 200:1 |
| Swap-Free | Yes | No |
| Withdrawal Fee | Free | Free |
Platform Comparison
BlackBull Markets Platforms
- MetaTrader 4
- MetaTrader 5
- cTrader
- TradingView
Standard, ECN Prime, ECN Institutional
OANDA Platforms
- OANDA Platform
- MetaTrader 4
- MetaTrader 5
- TradingView
Standard, Core Pricing, Premium
Regulation & Safety
BlackBull Markets Regulation
FMA
FSANo EU compensation scheme (NZ-regulated)
OANDA Regulation
FCA
ASIC
NFAFSCS up to GBP 85,000 (UK entity)
Overall Verdict
BlackBull Markets takes the overall win with a score of 8.7 vs 8.6, winning 5 out of 7 individual categories compared to OANDA's 2.
In terms of costs, BlackBull Markets also leads on fees. On the regulatory front, BlackBull Markets though OANDA has a regulatory edge.
Choose BlackBull Markets if you prioritise its strengths in the categories where it leads. Choose OANDA if you value the specific areas where it scores higher, such as regulation and education.
CFD Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.