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 the commissions and fees of Vantage and Octa, crucial differences emerge, tailored to the account each broker offers. Vantage provides three account options: the spread-only Standard STP, and the commission-based RAW ECN and PRO ECN accounts. Generally, Vantage’s pricing aligns with industry averages but falls short of leading brokers like Saxo, IG, and CMC Markets. Vantage's Standard account features average spreads of 1.30 pips on EUR/USD, while its RAW account offers tighter spreads averaging 0.15 pips, with an additional $6 commission per round turn, totaling 0.75 pips. The PRO ECN account is Vantage's most competitively priced offering, requiring a minimum account balance tied to its regulatory entities, and features a reduced $4 round-turn commission.
In contrast, Octa has made strides in pricing, gradually catching up with low-cost MetaTrader brokers. Octa claims no slippage on 97.5% of executed orders and lacks overnight carry costs, although certain restrictions affect high-frequency traders. The commissions and fees are contingent on the account type and the Octa entity under which your account is regulated. European clients are offered only the MT5 platform with the EU entity, while international clients have access to both MT4 and MT5 through other entities. Octa’s spreads vary by entity, with the EU entity offering an average spread of 0.5 pips for the EUR/USD pair, slightly more favorable than the 0.9 pips from foreign entities. Though the improvements are notable, Octa's lack of a date range for its spread data makes it challenging to precisely compare to competitors.
Vantage earns a commendable 4.5-star rating for commissions and fees, ranking 19th out of 62 brokers on ForexBrokers.com, while Octa receives a 4-star rating, placing 29th. Both platforms offer a range of account types designed to cater to different trading preferences, but Vantage stands out for its lower overall commission costs, especially for those meeting high account minimums. Conversely, Octa’s improvements have enhanced its competitiveness, though its variable spreads and lack of date-specific data warrant careful consideration.
| 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 comparing the investment offerings of Vantage and Octa, both brokers provide opportunities to trade forex as CFDs or spot contracts, but Vantage stands out with a larger selection. Vantage offers 1,000 tradeable symbols, including 61 forex pairs, while Octa offers 300 tradeable symbols with 35 forex pairs. However, when it comes to trading exchange-traded securities, neither broker allows clients to buy U.S. stocks like Apple. Octa, though, offers access to international shares such as Vodafone on the London Stock Exchange, which Vantage does not.
In terms of cryptocurrency investments, both brokers offer derivatives rather than actual cryptocurrencies, and both provide copy trading features for clients interested in mirroring the strategies of successful investors. Despite these similarities and differences, both Vantage and Octa receive a rating of 3.5 stars for their range of investments. According to ForexBrokers.com rankings, Vantage is positioned at #50 and Octa at #52 out of 62 brokers, indicating a competitive but relatively similar scope in the investment products they provide.
| 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 for their trading platforms and tools, both brokers provide traders with comprehensive options. For those looking to practice without financial risk, both Vantage and Octa offer free virtual demo accounts. Users will appreciate that each broker has developed its own proprietary platform, available as a Windows desktop download and accessible through a web-based browser. Additionally, each broker supports popular trading platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) and includes copy trading as part of their services. While Vantage offers additional functionality with DupliTrade, neither broker currently supports ZuluTrade.
For charting tools, Vantage and Octa are neck and neck, each providing 15 drawing tools and the ability to trade directly from stock charts. Both brokers equip users with configurable watch lists containing seven customizable columns. According to ForexBrokers.com, Vantage and Octa are both rated four out of five stars for their trading platforms and tools, though Vantage secures a higher rank, coming in at 21 out of 62 brokers compared to Octa's position at 37. This ranking advantage could be a deciding factor for traders weighing their options between these two online brokers.
| 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.
When it comes to mobile trading apps, both Vantage and Octa provide comprehensive solutions for traders on-the-go. Available for both iPhone and Android devices, these apps allow users to stay connected with the markets anytime and anywhere. Both platforms offer essential features such as stock and forex price alerts, the ability to draw trendlines, and support for multiple time frames, whether daily, weekly, or intraday. Furthermore, each app provides 30 technical studies for chart analysis and ensures that any drawings made are automatically saved, supporting seamless user experience. With the ability to create real-time watchlists, traders can effectively monitor their chosen stocks or forex pairs.
A notable point for improvement in both apps is the lack of watchlist symbol syncing between the mobile and online accounts, which could enhance the overall convenience for users. Despite this minor setback, both Vantage and Octa have earned a respectable 4-star rating for their mobile trading apps. However, in terms of rankings by ForexBrokers.com, Vantage is positioned slightly higher at #28 out of 62 brokers, compared to Octa's rank of #35. This slight edge might be a deciding factor for traders weighing their options between these two reliable trading platforms.
| 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 the market research offerings of online brokers Vantage and Octa, both brokers provide valuable tools for traders. Each platform offers daily market commentary and access to forex news from renowned sources like Bloomberg and Reuters. Additionally, traders can take advantage of Autochartist tools offered by both brokers for technical and fundamental analysis. However, Vantage stands out by also providing tools from Trading Central, whereas Octa does not. Moreover, Vantage offers a sentiment-based trading tool, showing long and short position ratios across various instruments, which is not available on Octa.
Both Vantage and Octa include an economic calendar feature that highlights important global news events. However, neither broker includes market research from TipRanks or tools from Acuity Trading. Despite these similarities and differences, both brokers achieve a solid research rating of four out of five stars. In terms of ranking among 62 brokers evaluated by ForexBrokers.com, Vantage secures the 21st position, slightly ahead of Octa, which ranks 26th. Overall, both brokers provide comprehensive research tools, but Vantage offers a few more features that may benefit some traders.
| 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 it comes to educational offerings for beginners, both Vantage and Octa deliver quality resources to guide newcomers through the world of forex and CFDs. Each platform provides more than 10 educational materials, such as articles and videos, dedicated to these subjects. They also host monthly webinars aimed at enhancing client understanding, and maintain archives of past sessions for future reference. Beginners can access over 10 instructional videos specially crafted to ease their entry into trading, while more seasoned traders can benefit from advanced video content available on both platforms. Furthermore, aspiring investors have access to a dictionary with explanations for over 50 investing terms, making the learning process even more straightforward.
Despite their similarities in educational support, there are subtle distinctions in how they rank among brokers. Both platforms achieve a commendable four-star rating for their education-related efforts. However, Vantage holds a higher position, sitting at #24, compared to Octa's place at #42 in the education category among 62 brokers rated by ForexBrokers.com. This ranking suggests that while both are solid options for beginners, Vantage might have a slight edge in overall educational offerings.
| 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 62 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
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|---|---|---|
| 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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