Written by ForexBrokers.com
In this head to head comparison of OANDA vs VT Markets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 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.
OANDA and VT Markets both serve as reputable online brokers but differ significantly in terms of their regulatory credentials. Founded in 1996, OANDA holds seven Tier-1 licenses, which places it among the highly trusted brokers with a Trust Score of 93 according to ForexBrokers.com. Although not a publicly traded company or a bank, OANDA’s regulatory credentials affirm its commitment to maintaining a secure trading environment for its clients.
In contrast, VT Markets, established in 2016, holds just one Tier-1 license and one Tier-2 license. Its ForexBrokers.com Trust Score is 70, categorizing it as having an average risk profile in terms of trustworthiness. Like OANDA, VT Markets is neither publicly listed nor a bank, but its fewer regulatory licenses and lower trust score suggest a more cautious approach is warranted when assessing its trading platform.
| Feature |
OANDA
|
VT Markets
|
|---|---|---|
| Year Founded | 1996 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
Comparing commissions and fees, VT Markets typically comes out cheaper than OANDA for most forex traders. VT Markets earns 4.5 stars and ranks #21 of 63 for Commissions and Fees, while OANDA earns 4 stars and ranks #35 of 63. On EUR/USD, VT Markets’ Raw ECN account shows an effective cost of about 0.83 pips (0.23 pip spread plus a 0.6 pip round‑turn commission), and its commission‑free Standard STP account averages about 1.2 pips. By contrast, OANDA’s default pricing has averaged about 1.61 pips on EUR/USD (July 2024), and its Core pricing averages roughly 1.4 pips all‑in when you add the commission to the tighter spread.
OANDA offers two pricing routes: commission‑free “default” pricing with wider spreads, and “Core” pricing with lower spreads plus a $10 per round‑turn commission per standard lot ($5 per side per $100,000 traded). Core pricing requires a $10,000 minimum deposit, and in the example above trims the all‑in EUR/USD cost to about 1.4 pips versus roughly 1.6 pips on the default setup. OANDA is not a discount broker, but it does provide automated trade execution, extremely small trade sizes (down to 1 unit), and an Elite Trader program with rebates of $5–$17 per million for high‑volume clients. It also publishes trailing average spreads, though it doesn’t post fixed‑period averages, which makes apples‑to‑apples comparisons harder.
VT Markets keeps things simple with a low $100 minimum deposit for both accounts. The Standard STP account is commission‑free but carries wider spreads (about 1.2 pips on EUR/USD), while the Raw ECN account combines a small spread with a commission for an effective cost near 0.83 pips. In practical terms, traders focused on minimizing trade costs will usually find VT Markets’ Raw ECN pricing cheaper than OANDA’s Core and default pricing, while casual traders who prefer no commission might compare VT’s 1.2‑pip Standard STP spread to OANDA’s roughly 1.6‑pip default spread.
| Feature |
OANDA
|
VT Markets
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average Spread EUR/USD - Standard | 1.69 | 1.2 |
| All-in Cost EUR/USD - Active | 1.69 | 0.8 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing the range of investments, OANDA lists 4,172 tradeable symbols and 69 forex pairs, while VT Markets offers about 1,000 symbols and 39 forex pairs. Both online brokers let you trade forex as CFDs or spot. OANDA provides access to exchange-traded securities on both U.S. and international exchanges, whereas VT Markets offers exchange-traded securities on international exchanges but not in the U.S. Copy trading is available at both brokers. For crypto, each supports derivatives, but only OANDA also lets you buy actual cryptocurrency.
On ForexBrokers.com’s Range of Investments category, OANDA is rated 4 stars and ranked #28 out of 63 brokers; VT Markets is rated 3.5 stars and ranked #40. In short, OANDA suits traders seeking a larger menu of markets plus U.S. stocks and delivered crypto, while VT Markets covers key markets with copy trading and a smaller, simpler lineup.
| Feature |
OANDA
|
VT Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 1000 |
| Forex Pairs (Total) | 69 | 39 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
OANDA vs VT Markets: both offer free demo (paper) accounts, web platforms, Windows desktop platforms, and copy trading. Each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5). OANDA also provides an in-house proprietary platform, while VT Markets uses third-party platforms only. Neither broker connects to DupliTrade or ZuluTrade. Both let you place trades directly from charts.
For charting tools, OANDA lists 74 drawing tools versus 30 at VT Markets; the number of built-in indicators isn’t specified for either. Watch lists allow six columns at OANDA and seven at VT Markets. Both brokers earn 4 stars for Trading Platforms and Tools, but OANDA ranks higher at ForexBrokers.com (#15 of 63) compared to VT Markets (#48 of 63), which may matter if platform features and tools are priorities.
| Feature |
OANDA
|
VT Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 89 | 15 |
| Charting - Drawing Tools (Total) | 74 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
OANDA and VT Markets both deliver mobile trading apps for iPhone and Android. Each app supports price alerts and lets you create watchlists with real-time quotes. One thing neither broker offers is watchlist syncing between the mobile app and the web platform, so changes made in one place won’t carry over to the other.
For charting on the go, both apps include 30 technical studies, trendline drawing, and multiple time frames (intraday to weekly). The key difference is that OANDA auto-saves your chart drawings, while VT Markets does not. That convenience shows up in the scores: OANDA earns 5 stars and ranks #7 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while VT Markets earns 4 stars and ranks #45. If mobile charting and overall app quality matter most, OANDA has the edge; VT Markets still covers the core tools many traders need.
| Feature |
OANDA
|
VT Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
OANDA and VT Markets both cover the basics for market research: daily market commentary, top-tier forex news from sources such as Bloomberg, Reuters, or Dow Jones, sentiment tools that show long/short positioning, and a global economic calendar. Their toolkits diverge in key places: OANDA integrates Autochartist for pattern-based technical ideas but does not include Trading Central, TipRanks, or Acuity Trading. VT Markets, by contrast, offers Trading Central but not Autochartist; availability of TipRanks or Acuity Trading wasn’t specified.
In independent testing by ForexBrokers.com, OANDA earned 5 stars for Research and ranked #5 out of 63 brokers, while VT Markets received 3.5 stars and ranked #37. If you want Autochartist-style insights, OANDA is the stronger pick; if you rely on Trading Central’s analytics, VT Markets could be the better fit.
| Feature |
OANDA
|
VT Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing OANDA vs VT Markets on education, both brokers provide plenty of forex and CFD learning materials, including 10+ articles and videos. Each offers at least 10 beginner-friendly videos and an investor dictionary with 50+ terms. The key differences show up in live learning and depth: OANDA hosts monthly client webinars and keeps a searchable archive of past sessions, while VT Markets does not. OANDA also supplies 10+ advanced video lessons, whereas VT Markets lacks that volume of advanced content.
These gaps are reflected in ratings: OANDA earns 5 stars for Education and ranks #19 out of 63 brokers on ForexBrokers.com, while VT Markets holds 3.5 stars and ranks #56. If you want frequent webinars, on-demand replays, and more advanced videos as you progress, OANDA is the stronger choice. If your needs are basic—beginner videos and a helpful glossary—both brokers can get you started.
| Feature |
OANDA
|
VT Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that OANDA is better than VT Markets. OANDA finished with an overall rank of #12, while VT Markets finished with an overall rank of #44.
A trusted global brand, OANDA stands out for its reputation and quality market research. Its regulatory track record is strong, and its support for third-party features bolsters its overall offering.
| Feature |
OANDA
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VT Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 70 |
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OANDA provides the option to buy actual delivered cryptocurrencies and cryptocurrency derivatives, while VT Markets only offers the ability to purchase cryptocurrency derivatives.
OANDA stands out from VT Markets in terms of deposit and withdrawal options by offering ACH, SEPA, and PayPal, whereas both platforms share similar features, such as accepting Skrill, Visa, Mastercard, and bank wire transfers.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | OANDA | VT Markets | |
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| Trust Score | 93 | 70 | |
| Winner | check_circle | ||
| Review | OANDA Review | VT Markets Review |
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| Regulation | OANDA | VT Markets | |
|---|---|---|---|
| Trust Score | 93 | 70 | |
| Year Founded | 1996 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | OANDA | VT Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | OANDA | VT Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | OANDA | VT Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4172 | 1000 | |
| Forex Pairs (Total) | 69 | 39 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | OANDA | VT Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.69 | 1.2 | |
| All-in Cost EUR/USD - Active | 1.69 | 0.8 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | OANDA | VT Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | OANDA | VT Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | OANDA | VT Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 89 | 15 | |
| Charting - Drawing Tools (Total) | 74 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | OANDA | VT Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | OANDA | VT Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | OANDA | VT Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | OANDA | VT Markets | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | OANDA Review | VT Markets Review |
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| Trust Score | 93 | 70 | |
| Winner | check_circle | ||
| Review | OANDA Review | VT Markets Review |
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