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 | 2 | 1 |
When comparing Vantage and Octa for commissions and fees, both brokers offer unique advantages based on their account structures. Vantage provides a range of accounts, from the spread-only Standard STP to the commission-based RAW ECN and PRO ECN accounts. The Standard account charges typical spreads of around 1.30 pips on the EUR/USD pair, while the RAW account offers tighter spreads averaging 0.15 pips, plus a $6 per round-turn commission. The PRO account offers the most competitive pricing at $4 per round-turn but requires you to meet specific criteria, such as a minimum $10,000 deposit under the Cayman Islands entity. Vantage also features an active trader program offering rebates, albeit only on the Standard account. Vantage's commission and fees structure earned it a 4.5-star rating and it is ranked #18 out of 62 brokers by ForexBrokers.com.
On the other hand, Octa has recently improved its pricing model, making strides toward becoming one of the more affordable MetaTrader brokers. Noteworthy is their strategy of offering 97.5% execution without slippage and eliminating overnight carry costs, although they impose restrictions that may affect high-frequency traders. Octa's pricing varies by entity, with its EU arm offering an attractive average spread of 0.5 pips on the EUR/USD pair. However, keep in mind that Octa does not specify a date range for these rates, affecting their reliability for precise comparisons. Octa is rated 4 stars and is positioned as #28 out of 62 brokers by ForexBrokers.com for commissions and fees.
Both brokers offer different strengths in terms of costs and account options. Vantage suits traders who can navigate its structured accounts to find optimal pricing, while Octa appeals to those interested in competitive spreads without additional costs like overnight fees. Each broker has its pricing model intricacies, making the choice largely dependent on the trader's specific needs and trading style.
| 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 | No | 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 range of investments offered by Vantage and Octa, both platforms provide opportunities for forex trading as a CFD or spot contract, catering to traders interested in currency pairs. Vantage stands out with a broader offering of 1,000 tradeable symbols and 57 forex pairs, while Octa presents a more limited selection with 257 tradeable symbols and 35 forex pairs. However, Octa gives an edge to those seeking international exposure by offering direct access to exchange-traded securities on non-U.S. exchanges, a feature absent in Vantage's offerings.
Although neither platform provides the option to directly purchase shares on U.S. exchanges or actual cryptocurrencies, both facilitate the trading of cryptocurrency derivatives. Additionally, Vantage and Octa support copy trading, allowing users to mirror the strategies of successful traders. With both brokers rated at 3.5 stars for their range of investments, Vantage ranks slightly higher than Octa according to ForexBrokers.com, taking the 50th spot compared to Octa's 52nd place ranking among 62 brokers.
| Feature |
Vantage
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 257 |
| Forex Pairs (Total) | 57 | 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 a comprehensive suite of options to traders. Vantage and Octa each offer simulated trading in the form of free virtual demo accounts, allowing users to practice without financial risk. They both provide proprietary platforms, in addition to supporting popular platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Traders can take advantage of Windows-based desktop platforms, as well as web-based platforms accessible through any browser. Additionally, both brokers facilitate copy trading, enabling users to mirror the trades of successful traders. However, Vantage extends its offerings with DupliTrade and ZuluTrade, options not available with Octa.
In terms of charting, Vantage and Octa stand on equal footing, each offering 15 drawing tools that enable detailed chart analyses, and the ability to trade directly from stock charts. For those managing watch lists, both provide up to seven columns for optimal organization. Rating-wise, both brokers secure four out of five stars for their trading platforms and tools. Despite this similar rating, ForexBrokers.com ranks Vantage significantly higher, placing it at #15, while Octa sits at #37 out of 62 evaluated brokers, highlighting a stronger overall platform experience with Vantage.
| 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 | Yes | 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.
Vantage and Octa both provide comprehensive mobile trading experiences with apps available for iPhone and Android devices. Both apps support essential features such as stock and forex price alerts, the ability to draw trendlines, and multiple time frame views on charts. They also offer 30 technical studies for charting, which is crucial for traders who rely on detailed analytics. Additionally, the apps auto-save drawings and allow users to create watchlists with real-time quotes, though neither app allows for watchlist symbol syncing with their online accounts. This means watchlist updates on the app won't automatically reflect on the web platform and vice versa.
When it comes to user ratings, both Vantage and Octa earn commendable scores of 4 out of 5 stars for their mobile trading apps, affirming their reliability and user satisfaction. However, according to ForexBrokers.com, Vantage ranks higher at #26 among 62 brokers, while Octa trails slightly at #36, indicating a stronger endorsement for Vantage in the mobile app category. Whether you're looking at user ratings or industry rankings, Vantage holds a slight edge for those prioritizing mobile trading capabilities.
| 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.
Vantage and Octa stand out in the competitive landscape of online brokers by offering daily market commentary and timely forex news from reputable sources like Bloomberg and Reuters. However, their research tools differ significantly. Octa provides technical analysis via Autochartist, a respected firm in the field, while Vantage does not. Conversely, Vantage offers Trading Central's technical analytics, which are absent from Octa’s offerings. Additionally, Vantage features a sentiment-based trading tool that provides clients insights into market trends by showing the long or short positions across currency pairs, an option not available with Octa.
Both brokers enhance their usability with an economic calendar that keeps traders informed with current and upcoming global news events. Nevertheless, neither offers market research from TipRanks or tools from Acuity Trading. Rated equally with 4 out of 5 stars by ForexBrokers.com, Vantage and Octa are closely matched for research capabilities. Vantage is ranked 24th, while Octa trails slightly at 26th out of 62 brokers, highlighting their similar yet distinct standings in the realm of market research.
| Feature |
Vantage
|
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 at Vantage and Octa, both online brokers provide comprehensive materials to kickstart your trading journey. Vantage and Octa offer a wealth of educational content, including more than 10 pieces that focus on forex and CFDs. For those who enjoy learning through online webinars, both platforms host monthly live sessions that engage users in interactive ways. Furthermore, Vantage and Octa maintain a searchable archive of recorded webinars, allowing traders to watch past sessions at their convenience.
In terms of video content, Vantage and Octa both support beginners and advanced traders alike with over 10 specialized videos tailored to each skill level. Additionally, they offer an investor dictionary with definitions for more than 50 investing terms, which serves as a helpful resource for new traders. Both brokers are rated 4 stars for their educational offerings, although Vantage is ranked higher at #27 compared to Octa's #41 in the Education category according to ForexBrokers.com. Ultimately, whether you choose Vantage or Octa, you can expect a well-rounded educational experience that addresses the needs of novice and experienced traders.
| 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
|
|---|---|---|
| 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 | 2 | 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 | 257 | |
| Forex Pairs (Total) | 57 | 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 | No | 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 | Yes | 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 | No | 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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