Blueberry Markets vs OANDA Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - Blueberry Markets or OANDA?
Our pick: Blueberry Markets
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Blueberry Markets looks preferable to OANDA.
Blueberry Markets scored 4.4/5 and ranks 17 in our all Forex brokers list, whereas OANDA has 4.3/5 and ranks 28.
This is not financial advice. See the full comparison below.
Who is Blueberry Markets suitable for?
Blueberry Markets is perfectly suited for active traders and investors who value reliability, low spreads, and high-quality client service.
Who is OANDA suitable for?
Oanda is suitable for beginners and experienced traders, thanks to quality analytics and various educational materials.
Comparison Table of Blueberry Markets and OANDA
| Broker | Blueberry Markets | OANDA |
|---|---|---|
| Rating | 4.4/5 | 4.3/5 |
| Foundation Year | 2016 | 2001 |
| Regulated in Countries | Vanuatu, Australia | United States, Australia, Canada, United Kingdom, Japan, British Virgin Islands, Singapore, Poland |
| Minimum Deposit |
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| Spread | from 0 points | from 0.5 points |
| Max Leverage | 1:500 | 1:200 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Blueberry Markets Review | OANDA Review |
Blueberry Markets Review
Blueberry Markets is a reliable and transparent broker offering competitive trading conditions, high-quality service, and robust support. It is ideally suited both for active traders who favor low ECN spreads and commissions, and for novice investors who value convenience and ease of use.
Pros and Cons of Blueberry Markets
Pros
- Blueberry Markets is regulated by the Australian Securities and Investments Commission (ASIC), ensuring a high level of client protection.
- Offers tight spreads starting from 0 pips on the Raw account and no commissions on the Standard account.
- Provides access to MetaTrader 4, MetaTrader 5, and WebTrader, offering trading flexibility.
- Over 1300 instruments available, including forex pairs, CFDs on stocks, indices, commodities, and cryptocurrencies.
- 24/7 customer support via chat, email, and phone.
Cons
- The lack of Islamic and cent accounts may not meet the needs of some traders.
- The scarcity of interactive courses and webinars could hamper the learning process for novice traders.
- Full access to analytical materials is available only to clients with deposits of at least $200, potentially limiting opportunities for beginners.
OANDA Review
Oanda is an excellent choice for traders seeking a reliable and regulated broker with competitive spreads and various trading assets.
With quality analytics and diverse educational materials, Oanda suits beginners and experienced traders.
Pros and Cons of OANDA
Pros
- Tight spreads.
- Diverse markets and products.
- Advanced trading platforms.
- Quality analytics.
- Extensive learning section.
Cons
- Limited trading account types.
- Inactivity fee.
- High swaps.
OANDA is in the top 10 of the following ratings:
Reliability
| Broker | Blueberry Markets | OANDA |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2016 | 2001 |
| Regulated in Countries | Vanuatu, Australia | United States, Australia, Canada, United Kingdom, Japan, British Virgin Islands, Singapore, Poland |
| Regulators | VFSC VFSC ASIC ASIC | NFA NFA CFTC CFTC ASIC ASIC CIRO CIRO FCA FCA JFSA JFSA BVIFSC BVIFSC MAS MAS KNF KNF |
Blueberry Markets
Blueberry Markets is a reliable broker regulated by ASIC and VFSC. Client funds are protected through segregated accounts and negative balance protection, although a compensation fund is absent.
Pros
- ASIC and VFSC regulation
- Segregated accounts
- Negative balance protection
Cons
- Absence of a compensation fund
OANDA
Oanda demonstrates a high level of reliability, evidenced by licenses from the world's leading regulators.
Account Opening
| Broker | Blueberry Markets | OANDA |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
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Blueberry Markets
The account opening process at Blueberry Markets is straightforward, fast, and convenient. The minimum deposit is accessible to most traders, and verification is completed in minimal time.
Pros
- Fast verification
- Minimum deposit of $100
- User-friendly interface
OANDA
Oanda offers a straightforward and structured registration process, ensuring convenience for clients.
Pros
- Clearly structured registration process.
- No minimum deposit, offering flexibility for traders.
Cons
- Additional documents may be required in some cases.
- Document verification can take from 1 to 2 working days.
Account Types
| Broker | Blueberry Markets | OANDA |
|---|---|---|
| Account Types | 3.5/5 | 3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.5 points |
| Max Leverage | 1:500 | 1:200 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Blueberry Markets
Blueberry Markets offers transparent conditions for STP and ECN accounts and excellent services for active traders, but the range of account types is limited to two. Islamic, cent, or fixed spread accounts are not available.
Pros
- STP and ECN accounts
- Premium programs for active traders
- Free demo and VPS
Cons
- Only two account types available
- No Islamic or cent accounts
OANDA
Oanda provides various trading accounts, but some specialized types are missing.
Pros
- Standard accounts are available.
- Demo accounts are offered.
- Swap Free accounts are available for traders following Islamic principles.
Cons
- Cent accounts are missing.
- No fixed spread accounts.
- No investment accounts are available.
Commissions
| Broker | Blueberry Markets | OANDA |
|---|---|---|
| Commissions | 3.7/5 | 3.5/5 |
| Spread | from 0 points | from 0.5 points |
| Average Spread (EURUSD) | 1.2 | 0.8 |
| Commission per Lot | $3.5 |
Blueberry Markets
Blueberry Markets offers competitive commissions: low ECN spreads, moderate swaps, and no inactivity fees. The trading conditions are well-suited for active traders.
Pros
- Tight spreads on ECN accounts
- No inactivity fees
- Free deposits/withdrawals
Cons
- High swap rates on certain pairs
OANDA
Oanda's fees are moderate, making this broker competitive.
Pros
- No fees for deposits and withdrawals.
- Low spreads on major currency pairs.
Cons
- Inactivity fee is charged.
- Swaps may be high for some currency pairs.
Deposit and Withdrawal
| Broker | Blueberry Markets | OANDA |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| Account Funding Methods |
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Blueberry Markets
Blueberry Markets offers a wide range of deposit and withdrawal options with minimal fees and quick processing times.
Pros
- Multiple deposit and withdrawal options
- No transaction fees for most operations
- Fast processing of requests
Cons
- Limited availability of certain methods in specific countries
- Possible delays when using bank transfers
OANDA
Oanda offers flexible conditions for depositing and withdrawing funds, but payment system commissions and currency conversion costs may apply.
Pros
- The broker does not charge a fee for deposits and withdrawals.
- A wide selection of payment systems is available.
- No restrictions on the amounts of deposits and withdrawals.
Cons
- High commission fees for certain methods by payment systems.
- Withdrawal request processing time may be long.
- Cryptocurrencies are not available as a payment method.
Markets and Products
| Broker | Blueberry Markets | OANDA |
|---|---|---|
| Markets and Products | 4.5/5 | 4.4/5 |
| Forex | 63 | 48 |
| Indices | 17 | 18 |
| Precious Metals | 17 | 3 |
| Energy Carriers | 3 | 3 |
| Stocks | 1150 | 1607 |
| Cryptocurrency | 61 | 18 |
| Soft Commodities | - | 4 |
Blueberry Markets
Blueberry Markets offers a robust selection of assets: forex, CFDs on stocks, indices, commodities, and cryptocurrencies. However, bonds and soft commodities are absent.
Pros
- 1300+ trading instruments
- Forex and cryptocurrencies
- CFDs on stocks and indices
Cons
- No bonds
- No soft commodities
OANDA
Oanda offers an extensive set of markets and products, making it a versatile choice for traders of different levels.
Pros
- A wide range of currency pairs.
- A large selection of stocks and indices.
- Access to cryptocurrency trading.
Cons
- Maximum leverage is only up to 1:200.
Trading Platforms
| Broker | Blueberry Markets | OANDA |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Trading Platforms |
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Blueberry Markets
Blueberry Markets provides time-tested platforms MT4 and MT5 along with WebTrader, ensuring stable and functional trading for clients.
Pros
- Full-featured support for MT4 and MT5
- WebTrader for access without software installation
- Compatibility with Windows, macOS, iOS, and Android
Cons
- Lack of a proprietary platform
OANDA
Oanda provides high-quality trading platforms with deep functionality and integration with TradingView.
Pros
- Access to classic platforms MT4 and MT5.
- The fxTrade mobile app with integration with MT5.
- Integration with TradingView.
Cons
- No MetaTrader alternatives for desktop devices.
Analytics
| Broker | Blueberry Markets | OANDA |
|---|---|---|
| Rating | 4/5 | 5/5 |
Blueberry Markets
Blueberry Markets offers quality analytics, though premium content is reserved for high deposit VIP traders. Complimentary analytics are average by market standards.
Pros
- Regular market reviews
- Personalized analysis (VIP)
Cons
- No daily signals
- High deposit requirement for full analytics
OANDA
The Oanda broker's analytical section offers many tools that help traders make informed decisions.
Education
| Broker | Blueberry Markets | OANDA |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
Blueberry Markets
Blueberry Markets provides quality educational resources in the form of articles and videos suitable for traders at all levels, though webinars and interactive courses are lacking.
Pros
- Structured academy
- High-quality video tutorials
- Materials for all levels
Cons
- No webinars
- No interactive courses
OANDA
Oanda provides an extensive range of educational resources, catering to new and experienced traders, focusing on leveraged trading.
Pros
- Comprehensive coverage of fundamental and technical analysis.
- Variety of resources including webinars, workshops, and live market analysis.
- Free access to premium content for live account holders.
Cons
- Some advanced topics may not be covered in depth.
Customer Support
| Broker | Blueberry Markets | OANDA |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
YouTube
Facebook
Twitter
LinkedIn
InstagramBlueberry Markets
Blueberry Markets' technical support is available round the clock and responds swiftly to inquiries. Users highly commend its quality and responsiveness.
Pros
- 24/7 support
- Online chat and phone access
- Staff professionalism
OANDA
Oanda's technical support provides extensive communication options and round-the-clock service, ensuring the professionalism and efficiency of the solutions provided.
Comparisons of Blueberry Markets and OANDA with other brokers
Conclusion
Blueberry Markets stands out as the better overall pick, while OANDA trails on aggregate criteria.
Blueberry Markets scored 4.4/5 and ranks 17 in our rating; OANDA has 4.3/5 and ranks 28.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Blueberry Markets or OANDA?
Blueberry Markets comes out ahead by overall rank (score 4.4/5, position 17) versus OANDA (score 4.3/5, position 28).
Which broker is better for beginners: Blueberry Markets or OANDA?
Blueberry Markets is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — Blueberry Markets or OANDA?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with Blueberry Markets and OANDA?
Blueberry Markets: MetaTrader 4, MetaTrader 5, WebTrader. OANDA: MetaTrader 5, MetaTrader 4, TradingView, fxTrade. See the “Platforms” section for details and selection tips.
What markets can you trade with Blueberry Markets and OANDA?
Blueberry Markets: Forex, Indices, Precious Metals, Energy Carriers, Stocks, Cryptocurrency. OANDA: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Blueberry Markets and OANDA?
Blueberry Markets: Standard, Raw. OANDA: Standard, Swap Free. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Blueberry Markets and OANDA?
Blueberry Markets: Google Pay, Skrill, Bank Transfer, Credit and Debit Cards. OANDA: Skrill, Neteller, Swift, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — Blueberry Markets or OANDA — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
