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Oanda vs VT Markets 2026: which is better?

We compared Oanda and VT Markets on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.

Key differences

Comparison table

Comparison table Oanda Oanda Broker VT Markets VT Markets Broker
Licences FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG) Best FSCA, CMA, FSC (MU)
Minimum deposit $0 Best $50
Maximum leverage 1:888 1:500
Trading platforms MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App, VT Markets App
Markets Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices Forex, Stocks, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs)
Islamic account — ✓ Yes
Demo account ✓ Yes ✓ Yes
Copy trading ✓ Yes ✓ Yes
Founded 1996 2015
Read the review Read the review

Data is for information only and may change; always check the official website before opening an account.

Add a third broker to the comparison

Choose Oanda if you

  • want more licences from strong regulators
  • want to start with less money
Full Oanda review

Choose VT Markets if you

  • need a swap-free Islamic account
Full VT Markets review

Frequently asked questions

Which is better, Oanda or VT Markets?

We compared Oanda and VT Markets on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Oanda holds 7 licences from strong regulators, against 0 for VT Markets. The minimum deposit at Oanda is $0, against $50 at VT Markets. The best choice depends on your country and trading style, so check which licence your account will be opened under.

Are Oanda and VT Markets regulated?

Oanda licences: FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG). VT Markets licences: FSCA, CMA, FSC (MU).

What is the minimum deposit at Oanda and VT Markets?

Oanda: $0. VT Markets: $50.

Do Oanda and VT Markets offer an Islamic account?

Oanda: No. VT Markets: Yes.