OspreyFX Review 2025
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Updated:
Reason to avoid: Offshore
Listed Date: June 30, 2023
Top 3 Forex Brokers
Beware OspreyFX is a Non-Regulated Broker. It is NOT SAFE to trade.
Advertising Disclosure
Updated:
Reason to avoid: Offshore
Listed Date: June 30, 2023
Beware OspreyFX is a Non-Regulated Broker. It is NOT SAFE to trade.
It is not safe to sign in with OspreyFX. The main reason to stay away from the broker is its offshore registration. The Broker does not hold any serious license that provides a safe trading environment. Instead, it is registered in St. Vincent and the Grenadines. The latter is a well-known offshore zone that does not provide sufficient guidelines and rules.
🏢 Registered in | St. Vincent and the Grenadines |
🗺️ Type of License | Offshore |
🛡️ Is OspreyFX safe to trade? | No |
🗺️ Recommended Licenses | FCA in the UK 🇬🇧 and ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
Our research showed that OspreyFX is an ECN broker, located in St. Vincent and the Grenadines. The broker was established in 2019, and offers over 120 Forex and Contract for Difference (CFD) assets, also leverage that ranges up to 1:500.
Our research revealed issues regarding OspreyFX reliability and regulations, thus we do not rank positively OspreyFX, based on our Expert Opinion with over 10 Years of experience in Forex Trading.
Ranking | OspreyFX | Trading 212 | Interactive Brokers |
---|---|---|---|
Our Ranking | ⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
Is Broker safe? | No | Yes | Yes |
Advantages | None | Trading Conditions | Trading Platforms |
Based on the issues we were able to reveal regarding the safety and regulation of OspreyFX here are much better Alternatives to OspreyFX with good regulations and excellent conditions. We select Good Brokers and reliable options for your comparison below:
OspreyFX claims to offer a range of funding options including Bitcoin, Crypto, Credit/Debit Cards, and PayRedeem.
OspreyFX presents a selection of four distinct account types, each tailored with specific features and limitations:
Based on the information we were able to come up with about OspreyFX, we found that the broker is not reliable and trustworthy enough. Although the features and offerings of the broker are quite attractive, it is still registered in an offshore zone, huge red flag traders need to consider. Besides, trader feedback and reviews are another reason to hold back from signing with the broker.
Our recommendation, which is based on years of experience in the financial market, is to find a broker with a license from reputable authorities, such as FCA, ASIC, or CySEC. Some notable options to consider among reliable brokers with good standing include but are not limited to Go Markets, BlackBull Markets, and FP Markets.
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