No, even though BDO is more action-based than other MMOs, it is still an MMO at heart when it comes to how things interact during combat.
It will be missing that feeling of actually hitting an opponent because the game is accounting for latency, so you'll be doing flashy moves to little reaction and almost no friction.
If you have ever played Skyrim then played ESO, the difference is almost the same between those two.
The only MMOs that actually involve the same type of friction and physics like a single player game are the ones that are instanced, like Vindictus.