OpoForex vs BlackBull Markets

Opofinance or BlackBull Markets – which is better for UK traders 2024? Compare Opofinance and BlackBull Markets in this detailed breakdown of their platforms, features and fees.

Opofinance vs BlackBull Markets Comparison Table 2024

Opofinance	BlackBull Markets
1.8	3.7
Opofinance is ranked #97 among CFD brokers.	BlackBull Markets is ranked #20 among CFD brokers.
Review	Review
Opofinance is an offshore forex and CFD broker, offering copy trading services and the MT4 platform.	BlackBull is a New Zealand-based CFD broker with trading opportunities on forex, stocks, indices, commodities and cryptos. The broker supports the MetaTrader 4 and 5 platforms as well as TradingView, cTrader and a proprietary mobile app. Clients can trade with high leverage and tight spreads from 0 pips on the broker's ECN accounts.
Pros
	CopyTrader, ZuluTrade, HokoCloud and Myfxbook copy trading Commission-free trading with spreads from 0.0 pips Superb range of platforms including TradingView Pro Responsive customer service during testing Excellent educational content for beginners $0 minimum deposit and 0.01 lot trades Huge range of 26,000+ instruments Autochartist plugin
Cons
	Withdrawal fees with some methods US traders not accepted
Awards
	Best ECN Broker 2022 Deloitte Fast 50 Index 2021 Best NZ Forex Broker 2021
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
Forex, commodities, cryptocurrencies, stocks, indices	Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos
Demo Account
Yes	Yes
Minimum Deposit
$100	$0
Payment Methods
Credit Cards Debit Card Neteller Skrill Wire Transfer	Credit Cards Debit Card FasaPay Mastercard Neteller Skrill Visa
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FINACOM	FMA, FSA
Mobile Apps
iOS & Android	iOS & Android
iOS App Rating
	3.7
Android App Rating
	3.7
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
No	Yes
cTrader
No	Yes
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	Yes
Autochartist
No	Yes
eSignal
No	No
Trading Central
No	No
STP Account
No	No
ECN Account
Yes	Yes
DMA Account
Yes	No
MAM Account
No	Yes
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader	Yes
Copy Trading
Yes	Yes
Copy Trading Platform
Opofinance offers copy and social trading through Fiboda.	Blackbull Markets offers an excellent selection of social and copy trading products on its CopyTrader system, plus HokoCloud, DupliTrade and Myfxbook. Traders can copy trades and strategies in a range of popular financial markets with user-friendly risk management tools.
Social Trading
Yes	Yes
Trade Signals
MT4
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
No	Yes
Account Currencies
USD	USD EUR GBP CAD AUD NZD JPY ZAR SGD
Commodities
Oil Silver Gold Natural Gas	Gold Silver Oil Gasoline Cocoa Wheat Corn Sugar Coffee Natural Gas
CFD
Opofinance offers leveraged CFDs on stocks, indices and commodities.	BlackBull Markets CFDs are offered on forex, stocks, indices, commodities and cryptos with tight spreads and high leverage. The ECN accounts offer fast execution and low slippage, and the broker provides traders with plenty of extra tools and features plus 24/7 customer support.
Leverage
1:1000	1:500
FTSE Spread
Variable	10.4
GBPUSD Spread<
Variable	0.8
Oil Spread
Variable	5.2
Stocks Spread
Variable	Variable
Forex
Opofinance offers 35+ spot currency pairs, covering all majors and top minors.	BlackBull offers 64 forex pairs with very competitive pricing through its ECN accounts, with the standard commission-free spread starting from 0.8 and spreads with commission starting from zero. The broker supports diverse trading platforms including MT4 and MT5, and provides leverage up to 1:500.
Assets
35+	64
GBPUSD Spread
Variable	0.8
EURUSD Spread
Variable	0.2
EURGBP Spread
Variable	0.8
Cryptocurrency
Opofinance offers trading on crypto/spot currency pairs, including BTC/USD.	BlackBull Markets traders can speculate on 11 cryptocurrencies including Bitcoin, Litecoin and Ethereum with up to 1:5 leverage. The crypto tokens are traded in pairs with USD and the broker offers a transparent pricing schedule.
Spread
Variable	Variable
Coins
BTC ETH LTC XRP BCH	BTC ETH BCH LTC XRP DOGE ADA DOT LINK EOS XLM
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Opofinance	BlackBull Markets
Review	Review
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