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 online brokers VT Markets and Octa based on their commissions and fees, VT Markets offers a choice between two account types: the Standard STP account, which is commission-free but features higher spreads, and the Raw ECN account, which offers more competitive spreads with a minimal commission. For the EUR/USD pair, VT Markets lists a typical spread of 1.2 pips for the Standard STP account and an effective spread of 0.83 pips for the Raw ECN account. VT Markets requires a minimum deposit of just $100 to start trading and has earned a 4.5-star rating, ranking #20 out of 62 brokers for commissions and fees according to ForexBrokers.com.
On the other hand, Octa has enhanced its pricing strategy to compete with some of the lower-cost MetaTrader brokers. Importantly, Octa boasts a 97.5% order fill rate free from slippage and waives overnight carry costs, although it does impose restrictions that might affect high-frequency traders. The pricing at Octa varies depending on the account type and the regulatory entity governing your account. European clients, trading under the EU entity, experience a slightly better average spread for the EUR/USD at 0.5 pips, while international clients, covered by other entities, see around 0.9 pips. Octa currently holds a 4-star rating and is positioned #29 out of 62 brokers for commissions and fees by ForexBrokers.com.
Overall, both VT Markets and Octa provide competitive trading conditions, though with distinguishing nuances. VT Markets' Raw ECN account offers more appealing spreads with a standard industry commission, whereas Octa has made strides in its pricing model, showing significant improvements but still lacking date transparency in its spread data. Each broker's fees and commissions are pivotal to their service offering, contributing to VT Markets' slight edge over Octa in industry rankings.
| 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.
When comparing VT Markets and Octa for their investment offerings, both brokers cater to forex traders with CFD and spot contract options. VT Markets provides access to an impressive 1,000 tradeable symbols, overshadowing Octa's 300 symbols. While VT Markets offers 39 tradeable forex pairs, Octa comes close with 35 pairs. Neither broker facilitates direct trading of U.S.-listed securities, however, both brokers enable trading of international exchange-traded securities, allowing clients to invest in companies like Vodafone on the London Stock Exchange.
Both VT Markets and Octa provide opportunities for copy trading, a useful feature for those who prefer to follow the strategies of successful traders. They also support cryptocurrency derivatives, yet neither offers the option to purchase actual cryptocurrencies. Rated at 3.5 stars for their range of investments, VT Markets is placed 39th out of 62 brokers by ForexBrokers.com, while Octa ranks 52nd. This assessment highlights VT Markets' broader investment range, despite similar general ratings to Octa.
| 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 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 comprehensive mobile trading apps compatible with iPhone and Android devices. Traders can enjoy essential features like stock and forex price alerts and the ability to create watchlists with real-time quotes on both platforms. While both apps provide 30 technical studies for charting and support drawing trendlines and viewing multiple time frames, they differ slightly in certain functionalities. Although neither app syncs watchlist symbols with the user's online account, Octa stands out by auto-saving chart drawings, a feature not available on VT Markets.
When it comes to user ratings, both VT Markets and Octa received a respectable four out of five stars for their mobile trading apps. However, their rankings by ForexBrokers.com show a slight difference, with VT Markets placed at #44, while Octa is ranked at a better position, #35, among 62 brokers. This ranking might reflect the additional convenience Octa offers with its auto-save feature for chart drawings, which could be a deciding factor for traders emphasizing enhanced utility when analyzing trades on-the-go.
| 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 #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
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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 | 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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