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 |
Vantage offers three types of trading accounts that affect its commission and fee structure: the spread-only Standard STP account, and the commission-based RAW ECN and PRO ECN accounts. Generally, its pricing aligns with the industry average but lags behind top-tier brokers like Saxo, IG, and CMC Markets. The Standard account lists typical spreads of 1.30 pips for EUR/USD, while the RAW account offers average spreads of 0.15 pips plus a $3 commission per side, totaling an effective cost of 0.75 pips. The PRO account stands out with competitive pricing, charging just a $2 commission per side, but requires either a wholesale client status or a $10,000 deposit depending on the regulatory entity. Active traders can benefit from rebates on the Standard account; however, eligibility for these rebates starts at a minimum account balance of $10,000.
Octa has significantly improved its fee structure, positioning itself among low-cost MetaTrader brokers. While offering no slippage on 97.5% of executed orders and no overnight carry costs, it features different account types based on regulations by its EU, South African, or offshore entities in Mwali. Octa's EU entity offers slightly more competitive spread pricing at 0.5 pips for the EUR/USD pair, whereas other entities average 0.9 pips. However, without a detailed date range for these spreads, a direct comparison with competitors is challenging. Despite this, Octa's overall improvements in pricing allow it to stay competitive with other cost-effective brokers in the market.
In terms of ratings, Vantage scores a commendable 4.5 out of 5 stars for commissions and fees, ranking 19th out of 62 brokers according to ForexBrokers.com. Meanwhile, Octa earns a 4-star rating, coming in at 28th place. Both brokers cater to different trading needs, with Vantage providing a broader range of account options and Octa focusing on no-slippage and no overnight costs, making them suitable for traders with specific priorities.
| 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.
Both Vantage and Octa provide mobile trading apps for iPhone and Android devices, making it easy for traders to stay connected on the go. Users of either app can set up stock or forex price alerts to stay informed about market movements. Both apps allow traders to draw trendlines and view multiple time frames, such as daily or weekly, directly on their charts. The apps also feature 30 technical studies for in-depth analysis, and they automatically save any drawings made on the charts. Moreover, users can craft watchlists with real-time quotes, adding convenience to their mobile trading experience.
Despite these shared features, neither Vantage nor Octa offers the option to sync watchlists between the mobile app and online account, which might be a consideration for some traders. When it comes to user ratings, both apps receive a solid 4 out of 5 stars for their mobile trading platforms. However, in rankings by ForexBrokers.com, Vantage takes a slight edge, standing at the 27th spot out of 62 brokers, while Octa is in the 35th position. This subtle difference might influence the choice for traders who prioritize app reputation and rankings.
| 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 comparing the educational resources available for beginners, Vantage and Octa both excel in providing comprehensive educational materials for those eager to learn forex or CFDs trading. Each platform offers a wealth of educational content, including over ten articles, videos, and archived webinars mainly focused on forex and CFDs. Both Vantage and Octa maintain a calendar of online educational webinars, ensuring users have ongoing opportunities to enhance their trading knowledge with fresh, interactive sessions monthly. Additionally, both platforms house a searchable archive of past webinars, making it easy for beginners to access valuable information at their convenience.
With a commitment to nurturing both novice and advanced traders, Vantage and Octa each provide at least ten beginner-specific educational videos exploring fundamental trading concepts, as well as ten advanced videos tailored to more experienced traders seeking deeper insights. Both brokers also feature an investor dictionary containing definitions of over 50 key investing terms, providing users with a foundational understanding of trading terminology. Despite their similarities in educational offerings, Vantage and Octa are distinguished by their rankings. Vantage holds a slightly higher education rating, ranked 24th out of 62 brokers according to ForexBrokers.com, while Octa sits at 41st position. Both brokers boast an impressive education rating of four out of five stars, reflecting their dedication to providing quality educational resources for traders at all levels.
| 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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2 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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