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OspreyFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-04-30 14:32

Abstract:OspreyFX is a forex and CFD broker founded in 2019 and based in St. Vincent and the Grenadines. The company offers trading services in various financial markets, including forex, stocks, commodities, indices, and cryptocurrencies, through its ECN account type. OspreyFX allows trading on the popular MT4 and MT5 trading platform and offers high leverage of up to 1:500. The company provides multiple deposit and withdrawal options, including cryptocurrencies, with no fees charged for transactions. OspreyFX offers customer support via various channels, including email, social media, and call back.

OspreyFXReview Summary
Founded2018
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market Instruments120+, Forex, Metals, Cryptocurrencies, Indices, Shares, Energies, Futures
Demo Account✅
LeverageUp to 1:500
SpreadFrom 0.4 pips
Trading PlatformTradeLocker
Min Deposit$25
Customer SupportContact 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.

OspreyFX Information

Pros & Cons

ProsCons
Multiple account typesCommission charged
No deposit or withdrawal fee on most occasionsUnregulated
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.

Is OspreyFX Legit?

What Can I Trade on OspreyFX?

  OspreyFX assets to offer over 120 market instruments, including Forex, Metals, Cryptocurrencies, Indices, Shares, Energies, and Futures.

Trading AssetAvailable
forex✔
metals✔
cryptocurrencies✔
stocks /shares✔
indices✔
energies✔
futures✔
commodities❌
options❌
funds❌
ETFs❌
What Can I Trade on OspreyFX?

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 TypeTypical SpreadMin. DepositForex PairsCommission Per Lot
StandardFrom 0.8$5055$7.00
PROFrom 0.4$50055$8.00
VARFrom 1.2$25055$0.00
MiniFrom 1.0$2529$1.00
Account Types
Account Types

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 TypeCommission(USD/EUR/GBP/CAD/AUD)Commission(Bitcoin)
Standard7.001500 BIT
PRO7.001500 BIT
VAR00 BIT
Mini1.0015 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 PlatformSupported Available Devices Suitable for
TradeLocker✔Desktop, Mobile, Web/
MT5❌Desktop, Mobile, WebExperienced trader
MT4❌Desktop, Mobile, WebBeginner
Trading View❌Desktop, Mobile, Tablets, WebBeginner
Trading Platform

Deposit and Withdrawal

  Deposit Options

Deposit Options Min. Deposit Fees Processing Time
Cryptocurrency100%The same day
Credit/Debit Card100%The same day

  Withdrawal Options

Withdrawal Options Min. Withdrawal Fees Processing Time
Cryptocurrency100%The same day
Credit/Debit Card10-250%/
Wire Transfer10$25 for banking fees on withdrawals of up 5K1 business day
Deposit and Withdrawal

  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.

  

Related broker

No Regulation
OspreyFX
Company name:Osprey Limited
Score
1.56
Website:https://ospreyfx.com
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.56

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