BrokerRatingBlackBull Markets vs Oanda 2026: which is better?
We compared BlackBull Markets and Oanda on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- BlackBull Markets offers a swap-free Islamic account; Oanda does not.
- BlackBull Markets offers cTrader, which Oanda does not.
- Oanda holds 7 licences from strong regulators, against 1 for BlackBull Markets.
- Oanda offers Web Trader, Mobile App, which BlackBull Markets does not.
Comparison table
| Comparison table |
BlackBull Markets
Broker
|
Oanda
Broker
|
|---|---|---|
| Licences | FMA, FSA | FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG) Best |
| Minimum deposit | $0 | $0 |
| Maximum leverage | 1:500 | 1:888 |
| Trading platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView, BlackBull CopyTrader, BlackBull Invest | MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices |
| Islamic account | ✓ Yes | — |
| Demo account | ✓ Yes | ✓ Yes |
| Copy trading | ✓ Yes | ✓ Yes |
| Founded | 2014 | 1996 |
| Headquarters | Auckland, New Zealand | — |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose BlackBull Markets if you
- need a swap-free Islamic account
- use cTrader
Choose Oanda if you
- want more licences from strong regulators
- use Web Trader, Mobile App
Frequently asked questions
Which is better, BlackBull Markets or Oanda?
We compared BlackBull Markets and Oanda on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. BlackBull Markets offers a swap-free Islamic account; Oanda does not. BlackBull Markets offers cTrader, which Oanda does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are BlackBull Markets and Oanda regulated?
BlackBull Markets licences: FSA, FMA. Oanda licences: FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG).
What is the minimum deposit at BlackBull Markets and Oanda?
BlackBull Markets: $0. Oanda: $0.
Do BlackBull Markets and Oanda offer an Islamic account?
BlackBull Markets: Yes. Oanda: No.