Written by ForexBrokers.com
In this head to head comparison of VT Markets 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.
VT Markets, founded in 2016, and Octa, established in 2011, are both online brokers offering a range of trading services. Neither broker is publicly traded or operates as a bank. They share a similar regulatory standing, each holding one Tier-1 license, which is highly trusted according to ForexBrokers.com, and one Tier-2 license, indicating they are trusted. These licenses ensure a level of confidence to users exploring their trading platforms.
Despite their regulatory similarities, there is a slight difference in their trust scores. VT Markets holds a Trust Score rating of 70 out of 99 from ForexBrokers.com, representing an average risk. On the other hand, Octa scores slightly higher with a Trust Score of 72, also indicating an average risk level but with a bit more assurance. Both platforms offer a reasonably secure trading environment for users navigating the world of online trading.
| Feature |
VT Markets
|
Octa
|
|---|---|---|
| Year Founded | 2016 | 2011 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When comparing VT Markets and Octa for commissions and fees, there are notable differences to consider. VT Markets offers two account types: the Standard STP account, which is commission-free but has higher spreads, and the Raw ECN account, which involves commissions but offers more competitive spread pricing. With a minimum deposit requirement of just $100, VT Markets provides decent accessibility for traders. It lists a typical spread of 1.2 pips on the EUR/USD pair for its Standard STP account and 0.83 pips for the Raw ECN account, which includes a 0.6 round-turn commission. This makes the Raw ECN account standard for the industry while the spread for the Standard STP is considered less attractive. Rated at 4.5 stars for its commissions and fees, VT Markets is ranked #20 out of 63 brokers by ForexBrokers.com.
Octa has made significant strides in improving its pricing, aiming to compete with other low-cost MetaTrader brokers. A key advantage of trading with Octa is the absence of slippage on 97.5% of executed orders and no overnight carry costs, although certain restrictions may limit high-frequency trading. Octa's pricing and fees vary depending on the account type and entity that regulates the account. For European clients using Octa's EU entity, the average spread for the EUR/USD pair stands at 0.5 pips, which offers slightly better pricing compared to 0.9 pips from its non-EU entities. However, it's important to note that Octa does not provide specific date ranges for its spread data, rendering some uncertainty in making precise comparisons. With a 4-star rating for commissions and fees, Octa is ranked #29 out of 63 brokers by ForexBrokers.com.
Overall, VT Markets and Octa have distinct offerings in terms of pricing and fees. VT Markets leads with an overall higher rating and rank, offering a straightforward choice between its two account types, depending on your preference for spread versus commission. Octa, on the other hand, provides a competitive landscape for traders looking for a broker with no slippage on most trades and no overnight fees, although the lack of precise spread data may pose a limitation for those seeking transparency. Both brokers present viable options depending on a trader's specific needs and preferences, making it crucial to consider these aspects when choosing a trading platform.
| Feature |
VT Markets
|
Octa
|
|---|---|---|
| Minimum Deposit | $100 | $25 |
| Average Spread EUR/USD - Standard | 1.2 | 0.9 |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | 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.
VT Markets and Octa both provide opportunities for forex trading, allowing clients to trade forex as CFDs or spot contracts. When it comes to the variety of tradeable symbols, VT Markets stands out with a selection of 1,000 symbols, significantly surpassing Octa's offer of 300 symbols. In terms of forex pairs, VT Markets slightly edges out Octa with 39 options compared to Octa's 35. However, both brokers fall short in offering actual securities from U.S. exchanges such as NASDAQ, but notably both allow trading of international exchange-traded securities like Vodafone shares. Furthermore, both platforms support copy trading, but neither provides the option to purchase actual cryptocurrencies, only cryptocurrency derivatives.
Despite some differences, both VT Markets and Octa are rated equally at 3.5 stars for their range of investments. However, VT Markets ranks higher at #39 on ForexBrokers.com for this category, compared to Octa's position at #52, underscoring VT Markets' wider range of investment offerings. This ranking reflects a broader access to diverse assets on VT Markets, although both platforms align closely in their overall investment range quality, as indicated by their identical star ratings.
| Feature |
VT Markets
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 300 |
| Forex Pairs (Total) | 39 | 35 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | 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 VT Markets and Octa, both online brokers offer a range of trading platforms and tools that cater to diverse trading needs. Each broker provides a free demo account, which allows traders to practice without risking real money. While Octa boasts a proprietary platform, VT Markets does not, yet both brokers offer popular choices like MetaTrader 4 and MetaTrader 5. Whether you prefer a Windows-based desktop application or a convenient web-based platform, both VT Markets and Octa accommodate these preferences. Additionally, copy trading is supported by both brokers, making it easier to mimic successful strategies.
Despite their similar offerings, certain distinctions exist between VT Markets and Octa. For instance, VT Markets provides more charting flexibility with 30 drawing tools compared to Octa's 15. However, both platforms allow direct trading from stock charts and offer seven columns for watch lists, aiding in streamlined market analysis. Each broker is rated four out of five stars for their trading platforms and tools, though Octa holds an edge with a higher industry ranking, being placed 37th out of 63 brokers, while VT Markets stands at 47th according to ForexBrokers.com. These factors offer traders a helpful perspective in choosing between the two brokers.
| Feature |
VT Markets
|
Octa
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| 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 |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 15 | 30 |
| Charting - Drawing Tools (Total) | 30 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both VT Markets and Octa offer mobile trading apps available for iPhone and Android devices, ensuring that users can trade on the go regardless of their smartphone choice. For those keen on staying informed, both platforms provide stock and forex price alerts, helping traders stay updated with market fluctuations. While neither app supports watchlist symbol syncing between the mobile and online accounts, users can still set up watchlists with real-time quotes easily. Charting enthusiasts will appreciate that both VT Markets and Octa offer 30 technical studies and the ability to draw trendlines on stock or forex charts. Plus, they can view multiple timeframes, whether daily, weekly, or intraday. However, only Octa’s app automatically saves drawings on charts, which could be a decisive factor for some users.
Looking at user ratings, VT Markets and Octa each earn a respectable 4 out of 5 stars for their mobile trading apps. However, in ForexBrokers.com's ranking, Octa comes out ahead at #36 compared to VT Markets' #44 out of 63 brokers. This slight difference could imply a better overall user experience on Octa's platform. Nonetheless, both apps deliver essential functionalities that cater to traders seeking flexibility and comprehensive mobile trading features. Whether you're setting alerts or diving into technical analysis, both VT Markets and Octa provide solid options for mobile traders.
| Feature |
VT Markets
|
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 | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of VT Markets and Octa, both brokers provide daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. However, they differ in their technical and analytical toolsets. VT Markets shines with its tools from Trading Central, offering technical analytics and sentiment-based trading tools that show a ratio of long and short positions across various currency pairs. Octa, on the other hand, leverages Autochartist-based research tools but lacks the sentiment analysis that VT Markets provides.
Both VT Markets and Octa offer economic calendars that display pertinent global news events, providing traders with key insights into market-moving events. Despite the similarities, Octa has a slight edge in research capability, reflected in its higher research rating of 4 stars compared to VT Markets' 3.5 stars. According to ForexBrokers.com, Octa ranks #27 out of 63 brokers in the Research category, while VT Markets stands at #36, highlighting Octa's stronger emphasis on market research features.
| Feature |
VT Markets
|
Octa
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | 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 available for beginners, both VT Markets and Octa provide a solid foundation with more than 10 educational pieces focusing on forex and CFDs. They each offer at least 10 beginner-friendly videos to get newcomers up to speed. Both brokers also feature an investor dictionary with over 50 investing terms, which aids in understanding the trading landscape. However, differences start to emerge when looking beyond the basics. While VT Markets offers essential learning materials, it doesn't host monthly webinars or archive them for later viewing, unlike Octa, which does provide these opportunities.
Octa further enhances its educational offerings with an archive of recorded webinars and a selection of advanced educational videos designed for more experienced traders, areas where VT Markets falls short. These additional resources contribute to Octa's slightly higher education rating of 4 stars compared to VT Markets' 3.5 stars. In rankings by ForexBrokers.com, Octa finds itself in the 42nd position out of 63 brokers for education, ahead of VT Markets, which is placed at 55th. For beginners seeking comprehensive and ongoing learning opportunities, Octa stands out as the more favorable choice.
| Feature |
VT Markets
|
Octa
|
|---|---|---|
| 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 | 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 VT Markets is better than Octa. VT Markets finished with an overall rank of #44, while Octa finished with an overall rank of #47.
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.
| Feature |
VT Markets
|
Octa
|
|---|---|---|
| Overall Rating |
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| Trust Score | 70 | 72 |
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Both VT Markets and Octa do not offer the option to buy actual delivered cryptocurrency, but they each provide the ability to purchase cryptocurrency derivatives.
VT Markets and Octa both do not support ACH, SEPA, or PayPal for fund transactions, but they do offer Skrill, Visa, Mastercard, and bank wires as options for depositing or withdrawing account funds.
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 | VT Markets | Octa | |
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| Trust Score | 70 | 72 | |
| Winner | check_circle | ||
| Review | VT Markets Review | Octa Review |
| Broker Screenshots | VT Markets | Octa | |
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| Regulation | VT Markets | Octa | |
|---|---|---|---|
| Trust Score | 70 | 72 | |
| Year Founded | 2016 | 2011 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | VT Markets | 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) | No | 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) | VT Markets | 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 | VT Markets | Octa | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 300 | |
| Forex Pairs (Total) | 39 | 35 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | VT Markets | Octa | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | 0.9 | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | VT Markets | Octa | |
|---|---|---|---|
| Minimum Deposit | $100 | $25 | |
| PayPal (Deposit/Withdraw) | No | 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 | VT Markets | Octa | |
|---|---|---|---|
| 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 | No | No |
| Trading Tools | VT Markets | Octa | |
|---|---|---|---|
| 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 Trading | VT Markets | 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 | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | VT Markets | Octa | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | VT Markets | Octa | |
|---|---|---|---|
| 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 | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | VT Markets | 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 | VT Markets Review | Octa Review |
| Overall | VT Markets | Octa | |
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| Trust Score | 70 | 72 | |
| Winner | check_circle | ||
| Review | VT Markets Review | Octa Review |
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