Written by ForexBrokers.com
In this head to head comparison of Vantage vs Octa, 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.
Vantage and Octa are popular online brokers established in the late 2000s and early 2010s. Vantage, founded in 2009, holds two Tier-1 licenses, indicating a high level of trust according to ForexBrokers.com. In contrast, Octa, which began operations in 2011, has one Tier-1 license. Both brokers hold an additional Tier-2 license, marking them as trusted, although Vantage is perceived as more secure based on the number of top-tier licenses.
Neither Vantage nor Octa is publicly traded or operates as a bank. When comparing regulatory trust, Vantage's ForexBrokers.com Trust Score is notably higher at 90 out of 99, designating it as highly trusted. Octa, with a Trust Score of 72, falls into the average risk category. This distinction points to Vantage as the more reliable choice for traders prioritizing security and regulatory compliance.
| Feature |
Vantage
|
Octa
|
|---|---|---|
| Year Founded | 2009 | 2011 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
When comparing Vantage and Octa for commissions and fees, both brokers offer a variety of account options that affect their pricing structures. Vantage features three account choices: the Standard STP account, with spreads reported at 1.30 pips for the EUR/USD pair in March 2023, and the RAW ECN and PRO ECN accounts, which are commission-based. The RAW account presents an average spread of 0.15 pips with a commission of $6 per round turn, equating to a total of 0.75 pips. For larger traders who meet specific requirements, Vantage’s PRO account offers the best rates at a $4 commission per round turn. Vantage boasts a 4.5-star rating and ranks 19th out of 63 brokers.
Octa, on the other hand, has made significant strides in pricing competitiveness, edging closer to the cost leaders among MetaTrader brokers. Octa claims that 97.5% of its orders face no slippage and charges no overnight carry fees, though it implements certain restrictions for high-frequency trading. Octa provides different account types depending on geographic regulations. In the EU, EUR/USD spreads average 0.5 pips, while foreign entities maintain a 0.9 pip average. It's important to recognize that these figures lack specific date references. Octa is rated 4 stars and is ranked 29th for commissions and fees.
In conclusion, Vantage and Octa both offer competitive rates, but Vantage might edge out with its slightly broader account benefits. Vantage’s active trader program provides additional rebates on the Standard account, though generally, it maintains higher spreads. Octa's gains in pricing have been noteworthy despite the lack of precise data timelines. Ultimately, choosing between these brokers should consider one’s trading volume, entity regulations, and the specific account requirements each broker demands.
| Feature |
Vantage
|
Octa
|
|---|---|---|
| Minimum Deposit | $50 | $25 |
| Average Spread EUR/USD - Standard | 1.30 | 0.9 |
| All-in Cost EUR/USD - Active | 0.75 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | 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.
When it comes to the variety of investments, both Vantage and Octa offer forex trading, available as CFDs or spot contracts. Vantage stands out with a greater selection of 1000 tradeable symbols and 61 forex pairs, compared to Octa's 300 tradeable symbols and 35 forex pairs. However, neither platform provides access to exchange traded securities on U.S. exchanges, where investors might directly buy shares like Apple. If international exchange access is crucial, Octa has an advantage by offering international securities, allowing you to invest in global companies such as Vodafone.
For those interested in cryptocurrency trading, both Vantage and Octa provide options for trading cryptocurrency derivatives, although neither platform supports purchasing actual cryptocurrencies. Investors looking for alternative trading strategies can explore copy trading, which is available on both platforms. Even though Vantage and Octa share similar ratings of 3.5 stars for investment range, Vantage is ranked slightly higher in this category according to ForexBrokers.com, positioned at #50 compared to Octa's #52.
| Feature |
Vantage
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 300 |
| Forex Pairs (Total) | 61 | 35 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | 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.
When comparing Vantage and Octa trading platforms, both brokers provide a range of options catering to different traders' needs. Each offers simulated trading with free virtual demo accounts, making it easy for beginners to practice without risking real money. They also provide proprietary platforms that are developed in-house, along with popular MetaTrader platforms, MT4 and MT5, for those who prefer industry-standard options. Additionally, both brokers offer web-based and Windows desktop platforms, along with copy trading capabilities. However, Vantage edges ahead slightly in versatility by also providing DupliTrade, whereas Octa does not. Neither brokers offer ZuluTrade, keeping their focus on their respective strengths.
Charting and analysis features are robust with each broker offering 15 drawing tools and the ability to trade directly from stock charts, making analysis intuitive and efficient. Watch lists are also detailed, with both platforms allowing seven columns to be customized to the trader's preferences. Both Vantage and Octa are rated four out of five stars for their trading platforms and tools, reflecting their offerings are well-regarded in the industry. However, according to ForexBrokers.com, Vantage scores slightly higher in the rankings, positioned at #21 among 63 brokers, compared to Octa's #37. This suggests that while both brokers provide solid tools for traders, Vantage might offer a slight edge in certain features and overall user experience.
| Feature |
Vantage
|
Octa
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | 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 |
| DupliTrade | Yes | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Vantage and Octa are well-regarded options for mobile traders, offering applications compatible with iPhones and Android devices. Users of either broker can benefit from price alerts on stocks or forex, ensuring they stay updated with market movements. Additionally, the apps provide equal access to 30 technical studies for charting, enabling investors to analyze trends effectively. Both Vantage and Octa support drawing trendlines and viewing multiple time frames on charts, ensuring versatility in analyzing stock or forex data. They even auto-save any drawings made on charts, ensuring that users don’t lose their technical analyses.
While both apps excel in several aspects, there is a notable limitation: neither supports syncing watchlists between the mobile app and the online account. As such, changes made in one location won't automatically appear in the other. Both apps facilitate the creation of watchlists with real-time quotes, helping users track their preferred stocks or currency pairs easily. Despite sharing a four-star rating, Vantage edges ahead by ranking #28 as per ForexBrokers.com, compared to Octa’s #36 ranking. This slight edge may influence users who prioritize performance metrics when selecting a mobile trading app.
| Feature |
Vantage
|
Octa
|
|---|---|---|
| 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 | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Vantage to Octa in terms of market research offerings, both online brokers provide daily market commentary and access to forex news from top-tier sources such as Bloomberg, Reuters, and Dow Jones. They also both utilize Autochartist for technical and fundamental analysis tools. However, Vantage holds an edge with its inclusion of Trading Central's technical analytics tools and a sentiment-based trading tool, allowing traders to see the ratio of long and short positions across different instruments. In contrast, Octa lacks these particular offerings. Both brokers do not provide services from TipRanks or Acuity Trading.
For traders seeking a comprehensive view of global markets, both Vantage and Octa offer economic calendars to keep clients updated on forthcoming economic events worldwide. In terms of ratings, both brokers achieve a solid 4 out of 5 stars for their research capabilities. Nevertheless, in the broader landscape of 63 brokers analyzed by ForexBrokers.com, Vantage is ranked slightly higher at 21st place compared to Octa's 27th place ranking. This suggests Vantage may offer a marginally enhanced market research experience relative to Octa, despite sharing several similar features.
| Feature |
Vantage
|
Octa
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources for beginners offered by Vantage and Octa, both brokers provide a comprehensive array of materials for new traders. Each broker offers more than 10 educational pieces such as articles and videos specifically focused on forex and CFDs. Beginners will find engaging webinars available every month from both brokers, along with an easily searchable archive of past webinars. Additionally, Vantage and Octa each present at least 10 beginner-friendly videos that cover essential trading topics, ensuring a strong foundation for anyone new to trading. Both brokers are well-equipped with learning tools, including an investor dictionary filled with over 50 key investing terms.
While both Vantage and Octa are rated four stars for their educational offerings, they differ slightly in their rankings on ForexBrokers.com. Vantage is ranked #24 out of 63 brokers in the Education category, while Octa holds the #42 position. Despite the similar overall rating, Vantage's higher rank may suggest a more favorable reception among users specifically seeking top-tier educational resources. Both brokers dedicate resources to cater to both novice and experienced traders, with a set of advanced videos available for those delving deeper into trading complexities. Overall, beginning traders will find substantial and useful learning materials with either broker.
| Feature |
Vantage
|
Octa
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| 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 Vantage is better than Octa. Vantage finished with an overall rank of #26, while Octa finished with an overall rank of #47.
Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education.
| Feature |
Vantage
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Octa
|
|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 72 |
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Both Vantage and Octa provide the ability to trade cryptocurrency derivatives, but neither platform supports the purchase of actual delivered cryptocurrencies.
Vantage and Octa both do not support ACH or SEPA transfers for account deposits or withdrawals, but while Vantage offers PayPal as a payment option, Octa does not; both brokers accept Skrill, Visa, Mastercard, and bank wire transfers for financial transactions.
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 | Vantage | Octa | |
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| Trust Score | 90 | 72 | |
| Winner | check_circle | ||
| Review | Vantage Review | Octa Review |
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| Regulation | Vantage | Octa | |
|---|---|---|---|
| Trust Score | 90 | 72 | |
| Year Founded | 2009 | 2011 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | Vantage | Octa | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Vantage | Octa | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Vantage | Octa | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 300 | |
| Forex Pairs (Total) | 61 | 35 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | 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 | Vantage | Octa | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.30 | 0.9 | |
| All-in Cost EUR/USD - Active | 0.75 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Vantage | Octa | |
|---|---|---|---|
| Minimum Deposit | $50 | $25 | |
| 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 | No | No |
| Trading Platforms | Vantage | Octa | |
|---|---|---|---|
| Proprietary Platform | Yes | 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 | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Vantage | Octa | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Vantage | Octa | |
|---|---|---|---|
| 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 | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Vantage | Octa | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | Octa | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Vantage | Octa | |
|---|---|---|---|
| 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 | Vantage Review | Octa Review |
| Overall | Vantage | Octa | |
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| Trust Score | 90 | 72 | |
| Winner | check_circle | ||
| Review | Vantage Review | Octa Review |
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