OctaFX vs VantageFX

OctaFX vs Vantage Comparison Table 2024
OctaFX	Vantage
Review 4.1	Review 4.7

OctaFX is an award-winning forex and CFD broker, founded in 2011. The Cyprus-based entity is regulated by the CySEC while the offshore branch is registered with SVGFSA. The ECN broker offers competitive trading conditions on its 80+ financial instruments, with tight spreads from 0.2 pips, fast execution speeds of 0.1 second and flexible leverage. OctaFX also offers two industry-leading platforms in MetaTrader 4 and MetaTrader 5, plus an in-house copy trading solution.	Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to over 900,000 clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC-regulated and client funds are segregated. Copy traders will also appreciate the range of social trading tools.
Customer Reviews
	4.3 Based on 3 Vantage customer reviews
Bonus Offer
Up to 50% deposit bonus	50% Welcome Deposit Bonus, earn redeemable rewards in the Vantage Rewards scheme
Comment by Reviewer
"OctaFX is a great pick for traders of all experience levels. Seasoned day traders will appreciate the ECN model with fast execution and tight spreads, while beginners will rate the user-friendly copy trading platform and low minimum deposit."	"Vantage remains an excellent option for CFD traders seeking a tightly-regulated broker with access to the reliable MetaTrader platforms. The fast sign-up process and $50 minimum deposit make it very straightforward to start day trading quickly."
Pros
Demo account with access to unlimited virtual funds Bonuses and contests available (non-EU) Negative balance protection (Within EU) Comprehensive educational content High Leverage 1:500 (non-EU) Excellent copy trading service No deposit and withdrawal fees Offers Islamic accounts Low minimum deposit Highly rated broker MT4 and MT5 integration Commission-free trading Mobile app compatibility	Vantage maintains its high trust score thanks to its strong reputation and top-tier regulation from the FCA and ASIC The ECN accounts are very competitive with spreads from 0.0 pips and a $1.50 commission per side There’s an excellent suite of day trading software, including the award-winning platforms MT4 and MT5 The broker has recently made efforts to expand its suite of CFDs providing further trading opportunities Vantage caters to hands-off investors with beginner-friendly social trading via ZuluTrade & Myfxbook The low minimum deposit of $50 and zero funding fees make this broker a great choice for new traders There are no short-term strategy restrictions with hedging and scalping permitted It’s quick and easy to open a live account – taking less than 2 minutes
Cons
No stock trading Few payment methods Zero pip spreads unavailable The global entity is regulated offshore	It's a shame that some clients will need to register with the offshore entity, which offers less regulatory protection A steep $10,000 deposit is needed for the best trading conditions, which include the $1.50 commission per side The average execution speeds of 100ms to 250ms are slower than alternatives based on tests Unfortunately, cryptos are only available for Australian clients
Awards
Most Secure Broker Indonesia 2022- International Business Magazine Best Global Broker Asia 2022- International Business Magazine Best Forex Broker Pakistan 2022- Global Brands Best Forex Broker India 2022- World Finance Best Mobile Trading Platform 2022- FXDailyInfo Best In Class For Social Copy Trading 2022- Forexbrokers.com Best Trading Conditions Asia 2021- World Business Outlook	Best Broker Australia - Ultimate Fintech Awards 2022 Best In CFD Trading 2022 - The European Global Banking & Finance Awards 2022 Best Trading App - Professional Trader Awards 2022 Best Trade Execution - Global Forex Awards 2023
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds
Demo Account
Yes	Yes
Minimum Deposit
$100	$50
Trading Platforms
MT4 MT5 AutoChartist	ProTrader MT4 MT5 TradingView DupliTrade
Payment Methods
Credit Card Debit Card FasaPay Mastercard Neteller Skrill Visa Wire Transfer	AstroPay BPAY Credit Card Debit Card FasaPay JCB Card Neteller Skrill Swift UnionPay Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
SVGFSA, CySEC	FCA, ASIC, FSCA, VFSC
Margin Trading
Yes	Yes
STP Account
No	Yes
ECN Account
Yes	Yes
DMA Account
No	No
MAM Account
No	Yes
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
Yes (iOS & Android)	iOS & Android
App Review
OctaFX offers a user-friendly trading platform that can be used to take positions on major and minor currency pairs. Copy trading is also available via the broker’s in-house mobile application.	Vantage offers one of the most complete trading apps we’ve used. The crisp design and slick interface makes analyzing markets and placing trades straightforward. Changing to horizontal mode offers an optimal charting view, though frustratingly it can take a few seconds for the app to respond. Fortunately, this minor drawback is outweighed by the ease of overlaying indicators and drawing tools, plus the integrated economic calendar, newsfeed, market analysis, and even FX TV.
Android App Rating
4.3	3.9
iOS App Rating
4.5	3.6
Auto Trading
Yes	Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	Yes
Copy Trading Platform
Copy trading at OctaFX is offered through a proprietary platform and mobile app, as well as integration via the MetaTrader suites. Users can easily diversify portfolios by copying the most profitable traders. Track professionals and their performance live for smart investing, control your portfolio and view how your funds are invested and manage risks in real time.	Traders enjoy social and copy trading at Vantage with the MetaTrader packages, DupliTrade, ZuluTrade and Myfxbook. ZuluTrade is one of the best social trading communities, using a sophisticated algorithm to rank top signal providers.
Social Trading
Yes	Yes
Trade Signals
Yes (EAs)	Yes
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
Yes	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$0
Islamic Account
Yes	Yes
Account Currencies
USD EUR	USD EUR GBP CAD AUD NZD JPY HKD SGD PLN
Stock Exchanges
Dow Jones FTSE UK Index Nasdaq	Australian Securities Exchange (ASX) Bombay Stock Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq National Stock Exchange Of India S&P 500
Commodities
Gasoline Gold Natural Gas Oil Silver	Cocoa Coffee Copper Cotton Gasoline Gold Natural Gas Oil Orange Juice Palladium Platinum Silver Sugar Wheat
CFD Trading
OctaFX offers leveraged CFDs on popular asset classes spanning forex, indices, commodities and cryptos. Traders benefit from ultra-fast execution speeds, reliable trading tools and zero commissions. There are also no restrictions on strategies, including hedging, scalping and automated trading.	Traders can speculate on 1000+ financial markets with high leverage up to 1:500. You can bet on rising and falling prices in currencies, commodities, indices, shares, and more without owning the underlying asset. With the comprehensive choice of CFD trading platforms, users can also switch between desktop, web and mobile for a seamless trading experience.
Leverage
1:30 (EU), 1:500 (Global)	1:500
FTSE Spread
1.8	1.0
GBPUSD Spread
1.1	0.5
Oil Spread
0.7	0.01
Stocks Spread
Variable	0.01
Forex Trading
OctaFX offers leveraged trading on dozens of currencies with competitive spreads that average 0.9 pips on the EUR/USD. Clients also benefit from high-quality research from the team's analysts with insights into forex trends and news events, alongside technical analysis.	Vantage offers 55+ currency pairs - above the industry average, so experienced traders can explore plenty of opportunities. Vantage's deep liquidity pool provides forex spreads from 0.0 pips in the ECN account, lower than many alternatives. There are also no commissions, deposit fees or hidden charges.
Forex App
OctaFX offers a user-friendly trading platform that can be used to take positions on major and minor currency pairs. Copy trading is also available via the broker’s in-house mobile application.
GBPUSD Spread
1.1	0.5
EURUSD Spread
0.7	0.0
EURGBP Spread
2.1	0.5
Assets
35	55+
Currency Indices
	USD
Cryptocurrency
Trade 30+ popular digital currencies paired with the USD, including big tokens like Bitcoin and Ethereum. EU traders can access 1:2 leverage while global traders can access rates of up to 1:25 on major tokens. Cryptos can be traded around the clock, including on weekends.	You can trade cryptos 24/7, including Bitcoin, with up to 1:200 leverage and zero overnight fees. Various risk management tools are also available, including price alerts and stop losses. The Vantage app also offers an excellent live news feed so you can keep track of the crypto market whilst on the go.
Spread
Variable	Floating
Coins
BTC LTC ETH ZEC SOL ADA DOT ATOM LINK AVAX BTB MANA MATIC NEAR IOTA DOGE DASH ALGO AAVE	ADA AVA BTC DOG EOS ETH LTC NEO SHB SOL TRX UNI XRPandmanymore
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
More Comparisons
OctaFX vs	Vantage vs