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VT Markets vs OctaFX 2023

ForexBrokers.com

Written by ForexBrokers.com

December 27, 2022

Is VT Markets better than OctaFX? In our analysis of 23 international regulators across 62 of the best forex brokers, VT Markets is considered average-risk, with an overall Trust Score of 71 out of 99. OctaFX is considered high-risk, with an overall Trust Score of 67 out of 99. Learn more about Trust Score.

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Overall RatingVT MarketsOctaFX
Overall Rating 4/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Offering of Investments 3.5/5 Stars 3/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 4/5 Stars
Education 3/5 Stars 3.5/5 Stars
Trust Score 71 67
Winner check_circle
Review VT Markets Review OctaFX Review
RegulationVT MarketsOctaFX
Trust Score 71 67
Year Founded 2016 2011
Publicly Traded (Listed) No No
Bank No No
Authorised in European Union No info Yes info
Tier-1 Licenses 1 0
Tier-2 Licenses 0 1
Tier-3 Licenses 0 0
Tier-1 Licenses (High Trust)VT MarketsOctaFX
ASIC Authorised (Australia) Yes No
IIROC Authorised (Canada) No No
SFC Authorised (Hong Kong) No No
CBI Authorised (Ireland) No No
FSA Authorised (Japan) No No
MAS Authorised (Singapore) No No
FINMA Authorised (Switzerland) No No
FCA Authorised (U.K.) No No
CFTC Registered (USA) No No
FMA Authorised (New Zealand) No No
Tier-2 Licenses (Average Trust)VT MarketsOctaFX
CBRC Authorised (China) No No
CySEC Authorised (Cyprus) No Yes
SEBI Authorised (India) No No
ISA Authorised (Israel) No No
CBR Authorised (Russia) No No
FSCA Authorised (South Africa) No No
SEC Authorised (Thailand) No No
DFSA / Central Bank Authorised (UAE) No No
Tier-3 Licenses (Low Trust)VT MarketsOctaFX
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No No
CIMA Authorised (Cayman Islands) No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands) No No
FSC Authorised (Mauritius) No No
VFSC Authorised (Vanuatu) No No
InvestmentsVT MarketsOctaFX
Forex Trading (Spot or CFDs) Yes Yes
Tradeable Symbols (Total) 168 80
Forex Pairs (Total) 39 40
U.S. Stock Trading (Non CFD) No No
Int'l Stock Trading (Non CFD) No No
Social Trading / Copy Trading Yes Yes
Cryptocurrency (Physical) No No
Cryptocurrency (CFD) 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).
CostVT MarketsOctaFX
Average Spread EUR/USD - Standard 1.2 (September 2021) 0.6 (August 2021)
All-in Cost EUR/USD - Active 0.8 (September 2021) N/A
Active Trader or VIP Discounts No No
Execution: Agency Broker No Yes
Execution: Market Maker Yes Yes
FundingVT MarketsOctaFX
Minimum Initial Deposit $200 $25
PayPal (Deposit/Withdraw) No No
Skrill (Deposit/Withdraw) Yes Yes
Visa/Mastercard (Credit/Debit) Yes Yes
Bank Wire (Deposit/Withdraw) Yes Yes
Trading PlatformsVT MarketsOctaFX
Proprietary Platform No Yes
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 Yes No
Trading ToolsVT MarketsOctaFX
Virtual Trading (Demo) Yes Yes
Alerts - Basic Fields Yes Yes
Watchlists - Total Fields 7 7
Charting - Indicators / Studies (Total) 15 30
Charting - Drawing Tools (Total) 30 15
Charting - Trade From Chart Yes Yes
Charts can be saved Yes Yes
Mobile TradingVT MarketsOctaFX
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 No Yes
Forex Calendar Yes Yes
ResearchVT MarketsOctaFX
Daily Market Commentary Yes Yes
Forex News (Top-Tier Sources) Yes Yes
Autochartist No Yes
Trading Central (Recognia) Yes No
Social Sentiment - Currency Pairs No No
Economic Calendar Yes Yes
EducationVT MarketsOctaFX
Has Education - Forex or CFDs Yes Yes
Client Webinars No Yes
Client Webinars (Archived) No Yes
Videos - Beginner Trading Videos Yes Yes
Videos - Advanced Trading Videos No No
Investor Dictionary (Glossary) Yes Yes
Major Forex PairsVT MarketsOctaFX
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 VT Markets Review OctaFX Review
OverallVT MarketsOctaFX
Overall Rating 4/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Offering of Investments 3.5/5 Stars 3/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 4/5 Stars
Education 3/5 Stars 3.5/5 Stars
Trust Score 71 67
Winner check_circle
Review VT Markets Review OctaFX Review
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VT Markets vs OctaFX Comparison

Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare VT Markets vs OctaFX.

Does VT Markets or OctaFX offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, VT Markets offers better pricing overall for traders.

Is VT Markets or OctaFX safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. VT Markets holds 1 global Tier-1 licenses, while OctaFX holds 0. OctaFX holds 1 global Tier-2 licenses, while VT Markets holds 0. In our analysis of 23 international regulators across 50 brokers, VT Markets earned a higher Trust Score than OctaFX.

Which trading platform is better: VT Markets or OctaFX?

To compare the trading platforms of both VT Markets and OctaFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, OctaFX offers a better experience. With research, OctaFX offers superior market research. Finally, we found OctaFX to provide better mobile trading apps.

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both VT Markets and OctaFX offer MetaTrader 4 (MT4).VT Markets and OctaFX both offer copy trading.

How many forex pairs and CFDs are available to trade?

OctaFX provides traders 40 currency pairs (e.g., EUR/USD) compared to VT Markets's 39 available pairs. Forex pairs aside, VT Markets offers traders access to 168 CFDs while OctaFX has 80 available CFDs, a difference of 88.

Can I trust VT Markets?

VT Markets is not publicly traded and does not operate a bank. VT Markets is authorised by one tier-1 regulators (high trust), one tier-2 regulators (average trust), and zero tier-3 regulator (low trust). VT Markets (through its parent company) is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).

Can I trust OctaFX?

OctaFX is not publicly traded and does not operate a bank. OctaFX is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust).

Is VT Markets good?

VT Markets benefits from being part of the Vantage Group of companies, and provides access to the MetaTrader suite of platforms as well as its own VT Pro trading app.

Is OctaFX good?

OctaFX offers a basic, low-cost MetaTrader platform experience alongside its social copy-trading platform.

Overall winner: VT Markets

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