Home -

Introduction -

WikiFX Express

Exness

Compass Review - Is It a Reliable Solution Provider? - WikiFX

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
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
Customer Support	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.