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 account | 1.69 | 1.2 |
| All-in Cost EUR/USD - Active | 1.69 | 0.8 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing the range of investments, OANDA offers a broader lineup than VT Markets. Both brokers support forex trading, whether through CFDs or spot. OANDA lists 4,172 tradeable symbols and 69 currency pairs, while VT Markets offers 1,000 symbols and 39 pairs. If you want more markets and more forex pairs in one place, OANDA has the edge.
For shares, OANDA lets clients buy exchange-traded securities on U.S. exchanges as well as international markets, whereas VT Markets supports international exchange-traded stocks but not U.S. shares. Both brokers offer copy trading. In crypto, OANDA provides access to actual coins along with crypto CFDs; VT Markets offers crypto CFDs only. Based on these differences, ForexBrokers.com rates OANDA 4 stars (ranked 28th out of 63) for Range of Investments, versus VT Markets at 3.5 stars (ranked 40th).
| Feature |
OANDA
|
VT Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 1000 |
| Forex Pairs (Total) | 69 | 39 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | 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 and VT Markets both check key boxes for traders: each offers free demo (paper) accounts, web and Windows desktop platforms, chart trading, copy trading, and support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The main platform difference is that OANDA also provides its own proprietary platform built in-house, while VT Markets relies on third-party platforms. If you want an all-in-one experience with a broker-built platform plus MetaTrader, OANDA has the edge; if you’re focused purely on MT4/MT5 and copy trading, either broker will work.
Both brokers earn 4 stars for Trading Platforms and Tools, but OANDA ranks higher overall in this category: #15 out of 63 brokers on ForexBrokers.com versus VT Markets at #48. Indicator counts and watchlist field totals aren’t specified, but everyday needs—like fast web access, downloadable platforms, chart-based order entry, and demo testing—are covered by both. Choose OANDA if you prefer a broker’s own platform alongside MetaTrader; pick VT Markets if MetaTrader is your main priority and the feature set suits your style.
| Feature |
OANDA
|
VT Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 89 | 15 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
OANDA and VT Markets both offer mobile trading apps for iPhone and Android, complete with price alerts, 30 built-in technical studies, and the ability to draw trendlines on charts. Neither app currently syncs watchlists between the mobile app and your online account. A key difference is chart annotations: OANDA’s app auto-saves your drawings, while VT Markets does not.
For overall quality, OANDA earns 5 out of 5 stars and is ranked #7 of 63 brokers for Mobile Trading Apps by ForexBrokers.com. VT Markets receives 4 out of 5 stars and ranks #45 of 63. If autosaved chart work and higher-rated mobile performance matter to you, OANDA may be the better pick; VT Markets still covers the essentials for on-the-go forex trading.
| Feature |
OANDA
|
VT Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Both OANDA and VT Markets cover the basics for market research. Each provides daily market commentary, an economic calendar, and a sentiment tool that shows long/short positioning. They also stream forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, helping you track market-moving headlines in real time.
The main differences come down to third‑party research suites. OANDA includes Autochartist tools for pattern scanning and trade ideas, while VT Markets does not. VT Markets offers Trading Central analysis, which OANDA doesn’t. OANDA does not include TipRanks or Acuity Trading (Signal Centre); VT Markets’ access to TipRanks and Acuity Trading isn’t specified. For overall quality, ForexBrokers.com rates OANDA 5 stars for Research and ranks it #4 of 63 brokers, while VT Markets holds 3.5 stars and ranks #37. Choose OANDA if you want Autochartist scanning built in; pick VT Markets if Trading Central’s research is your priority.
| Feature |
OANDA
|
VT Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
OANDA vs VT Markets for beginner education: both brokers offer forex and CFD education with 10+ learning pieces, including at least 10 beginner-focused videos. OANDA adds monthly client webinars and a deeper catalog with 10+ advanced videos, while VT Markets does not host monthly webinars and lacks a similar set of advanced content. This makes OANDA a more complete path from getting started to tackling more complex topics.
Ratings back this up: 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 live sessions and room to grow, OANDA is the stronger choice; if you only need basic video lessons, VT Markets can still fit the bill.
| Feature |
OANDA
|
VT Markets
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
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
|
VT Markets
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 93 | 70 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
In an OANDA vs VT Markets comparison for cryptocurrency trading, OANDA allows buying actual delivered cryptocurrencies and trading crypto CFDs, while VT Markets supports only cryptocurrency CFDs and does not offer access to purchasing actual delivered crypto.
OANDA vs VT Markets: OANDA offers ACH/SEPA transfers, PayPal, Skrill, and bank wire options for deposits and withdrawals, while VT Markets does not support ACH/SEPA and provides no specified information on PayPal, Skrill, Visa/Mastercard, or bank wires.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | OANDA | VT Markets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 70 | |
| Winner | check_circle | ||
| Review | OANDA Review | VT Markets Review |
| Broker Screenshots | OANDA | VT Markets | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| 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, FSRA, or SCA Authorised) | No | Yes | |
| 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. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | 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 account | 1.69 | 1.2 | |
| All-in Cost EUR/USD - Active | 1.69 | 0.8 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | OANDA | VT Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | OANDA | VT Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | OANDA | VT Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 89 | 15 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | OANDA | VT Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | OANDA | VT Markets | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | OANDA | VT Markets | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | OANDA Review | VT Markets Review |
| Overall | OANDA | VT Markets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 70 | |
| Winner | check_circle | ||
| Review | OANDA Review | VT Markets Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill