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 the commissions and fees of VT Markets and Octa, traders will find distinct differences between these two brokers. VT Markets offers two types of accounts—Raw ECN and Standard STP—each with its own pricing model. The Standard STP account is commission-free but has higher spreads, with a typical spread on the EUR/USD at 1.2 pips, whereas the Raw ECN account comes with a lower effective spread of 0.83 pips. Both accounts require a minimum deposit of $100. VT Markets is rated 4.5 stars for commissions and fees and ranks #20 out of 62 brokers according to ForexBrokers.com.
Octa, on the other hand, has shown improvement in its pricing structure, providing competitive offerings among MetaTrader brokers. Octa also prides itself on no slippage for 97.5% of executed orders and does not charge overnight carry costs, though it maintains some restrictions that might deter high-frequency trading. Octa's spreads vary by entity, with the European Union entity offering a more favorable average spread of 0.5 pips on the EUR/USD pair compared to 0.9 pips from its foreign institutions. Despite these improvements, Octa does not provide a date range for its listed spread data. Octa is rated 4 stars for commissions and fees, with a ranking of #28 out of 62 brokers.
In summary, VT Markets and Octa cater to different trader preferences, with VT Markets offering straightforward choices between commission-free and low-commission accounts, while Octa boasts enhanced pricing and a broad selection of account entities. The brokerage rating and ranking highlight VT Markets’ slight edge in the commission and fees category, benefiting traders who prefer clear, date-referenced pricing data.
| 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 offer forex trading as CFDs or spot contracts, making them viable choices for forex enthusiasts. VT Markets provides a wider selection with 1,000 tradeable symbols and 39 forex pairs, slightly more than Octa’s 257 tradeable symbols and 35 forex pairs. Neither broker offers exchange-traded securities on U.S. exchanges, but both enable trading on international exchanges, allowing clients to buy shares like Vodafone on the London Stock Exchange. Additionally, VT Markets and Octa support copy trading, providing opportunities for investors to follow and replicate successful traders' strategies.
Although neither broker offers actual cryptocurrencies, both enable trading cryptocurrency derivatives, which can serve as an alternative for crypto interest. In terms of overall range of investments, both VT Markets and Octa receive 3.5 stars out of five. However, they differ in their rankings by ForexBrokers.com; VT Markets holds the #39 spot, while Octa comes in at #52 out of 62 brokers. This may reflect the broader range of tradeable symbols VT Markets offers, which could appeal to traders seeking extensive options.
| Feature |
VT Markets
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 257 |
| 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 the trading platforms and tools offered by VT Markets and Octa, both brokers cater to various needs with a range of features. Both provide simulated or paper trading through free virtual demo accounts, making them accessible to both new and experienced traders who wish to test their strategies risk-free. They support popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). While VT Markets lacks a proprietary trading platform, Octa makes up for this by offering its own in-house developed options. Both brokers offer Windows-based desktop platforms and web-based platforms, enabling flexible access to trading on different devices.
Additionally, both VT Markets and Octa allow for copy trading, appealing to users who wish to follow other traders. However, they do not support platforms like DupliTrade or ZuluTrade. In terms of charting tools, VT Markets offers more variety with 30 drawing tools compared to Octa's 15, though both allow for trading directly from charts. Watch list customization is identical between the two, offering 7 columns each. Despite both receiving a 4-star rating for their trading platforms and tools, Octa ranks higher in the ForexBrokers.com list, positioned at #37 compared to #47 for VT Markets.
| 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 for iPhone and Android devices, providing traders with access to stock and forex price alerts. Both platforms have included rich charting capabilities with 30 technical studies and allow users to draw trendlines and view various time frames like daily, weekly, or intraday charts. While both apps facilitate the creation of watchlists with real-time quotes, they do not support syncing watchlist changes between the mobile app and online account. Additionally, VT Markets lacks the auto-save feature for chart drawings, whereas Octa users benefit from this functionality.
For mobile trading app performance, both VT Markets and Octa have received a solid 4-star rating. However, in a ranking of 62 brokers by ForexBrokers.com, Octa edges out VT Markets slightly, coming in at #36 compared to VT Markets' #44. Overall, both platforms offer dependable mobile trading services with slight differences that may sway a trader's choice based on priorities like chart drawing convenience and feature integration.
| 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.
VT Markets and Octa both excel in providing daily market commentaries and forex news sourced from top-tier platforms like Bloomberg, Reuters, and Dow Jones, ensuring traders stay informed on current market dynamics. While Octa is ahead with the inclusion of Autochartist’s technical and fundamental research tools, VT Markets holds an edge with its Trading Central analytics, providing clients with a different depth of insight. Furthermore, VT Markets offers a sentiment-based trading tool, which presents traders with a detailed ratio of long or short positions across various instruments, a feature Octa does not provide. However, both brokers lack research support from companies like TipRanks and Acuity Trading, highlighting a gap in some specialized research tools.
In terms of available resources, both VT Markets and Octa present economic calendars detailing essential global news events, aiding traders in tracking economic shifts. Despite these offerings, Octa slightly surpasses VT Markets in overall research ratings, scoring 4 out of 5 stars compared to VT Markets' 3.5. This higher rating reflects Octa's advantageous position at #26 in research rankings by ForexBrokers.com as opposed to VT Markets' #36 position. These distinctions provide traders with critical considerations when choosing a broker tailored to their research needs.
| 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 at VT Markets and Octa, both brokers provide a good selection of materials such as articles, videos, and archived webinars centered on forex and CFDs. Each offers at least 10 educational pieces, ensuring that new traders have access to various learning tools. Both VT Markets and Octa supply more than 10 beginner-friendly educational videos to help newcomers get acquainted with trading topics. Additionally, their investor dictionaries contain definitions for over 50 investing terms, which can be a valuable resource for understanding financial jargon.
However, Octa takes the lead by offering more advanced educational content, such as webinars held monthly, and a searchable archive of past sessions, which VT Markets lacks. Furthermore, Octa provides over 10 advanced educational videos tailored to experienced traders. This more comprehensive offering results in Octa receiving a higher rating of 4 stars for education, compared to VT Markets' 3.5 stars. According to ForexBrokers.com, Octa ranks higher in the Education category, positioning 41st out of 62 brokers compared to VT Markets' 55th place. These distinctions make Octa a more attractive option for beginners seeking extensive educational support.
| 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 62 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 #45, 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
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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 | 257 | |
| 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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