Score
OspreyFX
https://ospreyfx.com
Website
Rating Index
Influence
Influence
C
Influence index NO.1
Contact
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
Account
- Environment--
- Currency--
- Maximum Leverage1:500
- SupportedEA
- Minimum Deposit$10
- Minimum Spread--
- Depositing Method--
- Withdrawal Method--
- Minimum Position0.01
- Commission--
- Products--
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Website
- ospreyfx.com 172.67.173.88Server Location- United States ICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
| OspreyFXReview Summary | |
| Founded | 2018 | 
| Registered Country/Region | Saint Vincent and the Grenadines | 
| Regulation | Unregulated | 
| Market Instruments | 120+, Forex, Metals, Cryptocurrencies, Indices, Shares, Energies, Futures | 
| Demo Account | ✅ | 
| Leverage | Up to 1:500 | 
| Spread | From 0.4 pips | 
| Trading Platform | TradeLocker | 
| Min Deposit | $25 | 
| Customer Support | Contact Form | 
| Social Media: Facebook, Instagram, Twitter, Discord, Telegram | |
OspreyFX Information
OspreyFX is an unregulated online trading platform that provides access to multiple financial instruments, such as Forex, Metals, Cryptocurrencies, Indices, Shares, Energies, and Futures. Alongside its four main account types based on an ECN account, the platform also offers a demo account for practice trading.

Pros & Cons
| Pros | Cons | 
| Multiple account types | Commission charged | 
| No deposit or withdrawal fee on most occasions | Unregulated | 
| Wide range of tradable assets | |
| Demo account available | 
Is OspreyFX Legit?
No. OspreyFX is not a licensed broker, which makes it risky to invest in this platform.

What Can I Trade on OspreyFX?
OspreyFX assets to offer over 120 market instruments, including Forex, Metals, Cryptocurrencies, Indices, Shares, Energies, and Futures.
| Trading Asset | Available | 
| forex | ✔ | 
| metals | ✔ | 
| cryptocurrencies | ✔ | 
| stocks /shares | ✔ | 
| indices | ✔ | 
| energies | ✔ | 
| futures | ✔ | 
| commodities | ❌ | 
| options | ❌ | 
| funds | ❌ | 
| ETFs | ❌ | 

Account Types
OspreyFX offers various account types on its platform.
- Demo account for users to test the platform without risking money.
- Four ways to trade using an ECN TradeLocker account.
| Account Type | Typical Spread | Min. Deposit | Forex Pairs | Commission Per Lot | 
| Standard | From 0.8 | $50 | 55 | $7.00 | 
| PRO | From 0.4 | $500 | 55 | $8.00 | 
| VAR | From 1.2 | $250 | 55 | $0.00 | 
| Mini | From 1.0 | $25 | 29 | $1.00 | 


Leverage
OspreyFX offers a leverage ratio of up to 1:500, which means that traders can open positions up to 500 times the value of their account balance.
Fees
Account Commission
| Account Type | Commission(USD/EUR/GBP/CAD/AUD) | Commission(Bitcoin) | 
| Standard | 7.00 | 1500 BIT | 
| PRO | 7.00 | 1500 BIT | 
| VAR | 0 | 0 BIT | 
| Mini | 1.00 | 15 BIT | 
Deposit and Withdrawal charges
OspreyFX charges $25 for banking fees for withdrawals of up to 5K.
Trading Platform
The trading platform OspreyFX offers is TradeLocker, which is a widely recognized platform in the forex industry, famous for its advanced charting capabilities, technical analysis tools, and customizable interface.
| Trading Platform | Supported | Available Devices | Suitable for | 
| TradeLocker | ✔ | Desktop, Mobile, Web | / | 
| MT5 | ❌ | Desktop, Mobile, Web | Experienced trader | 
| MT4 | ❌ | Desktop, Mobile, Web | Beginner | 
| Trading View | ❌ | Desktop, Mobile, Tablets, Web | Beginner | 

Deposit and Withdrawal
Deposit Options
| Deposit Options | Min. Deposit | Fees | Processing Time | 
| Cryptocurrency | 10 | 0% | The same day | 
| Credit/Debit Card | 10 | 0% | The same day | 
Withdrawal Options
| Withdrawal Options | Min. Withdrawal | Fees | Processing Time | 
| Cryptocurrency | 10 | 0% | The same day | 
| Credit/Debit Card | 10-25 | 0% | / | 
| Wire Transfer | 10 | $25 for banking fees on withdrawals of up 5K | 1 business day | 

Note: There may be fees associated with the payment method provider themselves with an incoming transaction. Processing fees apply to cryptocurrency deposits originating from their respective processing networks. OspreyFX is not responsible for any network fees deducted from any transactions.
Keywords
- 5-10 years
- Suspicious Regulatory License
- High potential risk
News

Exposure Is OspreyFX Safe and Legit? OspreyFX Login & Regulation
Many websites highlight this fact that OspreyFX is a Unregulated broker . Reviews from users are mixed - some positive, others raising concerns. Now, we're presenting an article based on thorough research that will reveal the reality of this platform. Read the article until the end and be cautious.

News Is OspreyFX MT4 Good for Scalping and Day Trading?
This article discusses whether OspreyFX MT4 is suitable for scalping and day trading.

Exposure OspreyFX's Sudden Shift from MT4/MT5 to TradeLocker Stirs Discontent
OspreyFX sparked controversy by making a bold move this week: opting to replace the well-established MetaTrader 4 and 5 (MT4/MT5) with its in-house platform, TradeLocker. Despite being marketed as an advanced trading experience, this transition has triggered a wave of complaints from users, casting doubt on the broker's future and signalling potential concerns.

Exposure Alert: OspreyFX Unexpected Account Locked & Server Issues
Beware of the challenges faced by OspreyFX users, including account lockouts, login issues, and withdrawal limits, in this insightful article. Learn about the risks of unregulated online trading platforms and discover key steps for safe trading.

News HOW ARE EXCHANGE RATES CALCULATED?
When we talk about foreign exchange markets, they are very hard to predict than stock or bond markets. Predicting the success of entire economies requires forecasting the FOREX rate. When it comes to knowing FX rates, a plethora of factors come into play. This article outlines and describes some of the key elements that impact FX rate.

News WIKIFX REPORT: Dow Gains in Broad Stock Rally Following Fed Minutes
Investors applauded the Federal Reserve's minutes, which showed that central bankers are willing to be flexible when it comes to raising interest rates. The markets reflected the optimistic sentiment. Stocks ended the day higher, with the Dow Jones Industrial Average rising 191.66 points, or 0.6 percent. The S&P 500 finished the day up 1%, while the Nasdaq Composite gained 1.5 percent.
Wiki Q&A
Does OspreyFX charge any commission?
Yes, OspreyFX charges commissions depending on the account type. For example, the Standard and PRO accounts have a commission of $7-$8 per lot, while the VAR account doesn’t charge any commission. I need to consider which account type aligns with my trading needs and fee preferences.
What platforms does OspreyFX provide for trading?
OspreyFX offers the TradeLocker platform, which I find great for its charting and technical analysis tools. While I like the platform, they don’t offer MT4 or MT5, which might be a limitation for traders who are used to those platforms. However, TradeLocker is still functional and provides a solid trading experience.
What is the spread for the PRO account on OspreyFX?
The spread for the PRO account starts from 0.4 pips, which is ideal for me if I want tighter spreads. This helps lower the overall cost of trading, especially if I plan to make frequent trades. The Standard account has a spread starting at 0.8 pips, so the PRO account is a better choice for lower costs.
What trading instruments can I use on OspreyFX?
OspreyFX offers over 120 instruments, including Forex, Metals, Cryptocurrencies, Shares, Indices, Energies, and Futures. I have plenty of options to diversify my portfolio and explore different markets. Unfortunately, commodities and ETFs are not available, but there’s still a wide range of instruments to choose from.
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FX3739673730
Philippines
They will promise that withdrawals are simple, but in reality it is impossible. I'm sure they are good to some customers to stay effective, but they stole my money directly and did the same to many others. They even changed my password to clear my account and acted as if nothing happened. More than 50 emails, still no solution.
Exposure
逸金
Hong Kong
Don't information. This platform is a liar
Exposure
FX5994775392
Canada
This image is OspreyFX compared with a legit broker at the same time! You can see the difference in market price. They manipulate spread anyhow they want, they’ll either blame news event (even though there’s no news) or market volatility. Beware guys
Exposure
FX1220277098
Nigeria
I have been trading with OspreyFX for two weeks and so far, I haven’t met any problems. I especially love its customer service, always available to give me assistance.
Positive
泉水45282
Singapore
osprey forex has cheat my friend out of almost 6k USD by suspending her account. According to osprey, she violated the AML policy, buy that's totally nonsense!
Neutral
呵呵61923
Australia
however, compared with this so-called reward, one's inner motivation is more significant, which can bring us great desire to lear, arouse our passion for the promising future and help them keep moving forward.
Neutral
struggle11307
Colombia
OspreyFX is registered in Saint Vincent and the Grenadines and does not have any regulatory license. I do not recommend anyone to trade with this company.
Positive