LonghornFX vs OspreyFX

LonghornFX vs OspreyFX Comparison Table 2024
LonghornFX	OspreyFX
Review 3	Review 3

LonghornFX is a forex and CFD broker offering over 150 instruments with leverage up to 1:500. The firm is registered in Saint Vincent and the Grenadines and was launched in 2020. Clients can access a strong selection of cryptos, alongside forex, indices, commodities and stocks. With ECN/STP processing, this offshore broker promises tight spreads and fast execution.	OspreyFX is an ECN broker headquartered in St. Vincent and the Grenadines. Established in 2019, the firm offers 120+ forex and CFD assets with high leverage up to 1:500, tight spreads from 0.1 pips and round-the-clock customer support. OspreyFX also stands out for its funded trading accounts where traders can keep up to 70% of profits.
Bonus Offer
	20% Discount [DayTrading.com Exclusive]
Comment by Reviewer
"LonghornFX is ideal for experienced traders looking for ECN spreads and high leverage. Hedgers and scalpers can also trade without restrictions on the MetaTrader 4 platform."	"We recommend OspreyFX for day traders seeking a true ECN broker with high leverage, low spreads and ultra-fast execution speeds. The firm is also a good option for traders looking for funded accounts with a three-step process to secure funding and competitive profit splits."
Pros
True ECN broker MetaTrader 4 platform Multiple asset classes Flexible leverage up to 1:500 Customer support is available 24/7 Integrated step-by-step user videos Demo account with unlimited virtual funds	Funded accounts up to $200k with 70/30 profit split Full range of investments including cryptos MetaTrader 4 and MetaTrader 5 integration Range of base currencies including USD Low latency with fast order executions Tight spreads and low commissions High leverage up to 1:500 24/7 customer support
Cons
Unregulated No copy trading Only one account type Bitcoin withdrawals only No bonuses or financial incentives	Weak regulation Bank transfer deposit fee US clients not accepted Difficult to connect to customer service through chatbot
Awards
Best Newcomer Broker - 2020 Best New Forex Broker - 2020
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Cryptos	Forex, Cryptos, Indices, Stocks, Commodities
Demo Account
Yes	Yes
Minimum Deposit
$0	$10
Trading Platforms
MT4	MT4 MT5
Payment Methods
Bitcoin Payments Credit Card Debit Card Wire Transfer	Bitcoin Payments Credit Card Debit Card Mastercard PayRedeem Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Margin Trading
Yes	Yes
STP Account
Yes	Yes
ECN Account
Yes	Yes
DMA Account
Yes	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS & Android	iOS & Android
App Review
	The Forex Squad app is a free education tool with beginner-friendly training and content on a range of topics, including fundamental analysis, forex strategy and trading psychology. The app is free to download.
Android App Rating
	2.2
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
Yes	No
Tournaments
No	Yes
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP	USD EUR GBP CAD AUD
Stock Exchanges
CAC 40 Index France DAX GER 40 Index Dow Jones FTSE UK Index IBEX 35 Japan Exchange Group Nasdaq S&P 500	CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index IBEX 35 Japan Exchange Group Nasdaq S&P 500
Commodities
Gold Natural Gas Oil Palladium Platinum Silver	Copper Gold Natural Gas Oil Platinum Silver
CFD Trading
Trade a decent range of markets via CFDs, with commissions of $6 per lot. There is also a reasonable $10 minimum deposit and 24/7 customer support for new traders.	OspreyFX offers leveraged CFDs on forex, commodities, stocks, cryptos and indices. Deep liquidity is available from 50+ providers with a competitive ECN account that will suit active day trading strategies, including scalping.
Leverage
1:500	1:500
FTSE Spread
7.7	0.5 pts
GBPUSD Spread
1.4	0.8 pips
Oil Spread
0.8	0.09 pips
Stocks Spread
Variable	0.4 pips
Forex Trading
Go long or short on over 50 currency pairs with spreads from 0.6 pips on EUR/USD. Traders can access market-leading forex tools in the MT4 platform, including customisable forex charts and algorithmic trading.	OspreyFX offers more than 50 major, minor and exotic currency pairs. Spreads start from just 0.1 pips on the EUR/USD and the broker provides a suite of forex trading education for beginners, including partnering with Forex Squad.
Forex App
	The Forex Squad app is a free education tool with beginner-friendly training and content on a range of topics, including fundamental analysis, forex strategy and trading psychology. The app is free to download.
GBPUSD Spread
1.4	0.8 pips
EURUSD Spread
0.6	0.5 pips
EURGBP Spread
1.5	0.8 pips
Assets
55+	57
Currency Indices
	USD
Cryptocurrency
An impressive selection of 35 crypto pairs are on offer, including BTC/USD and DOGE/USD. There is also high leverage up to 1:100 for experienced crypto traders, which is more than you will find at most competitors.	OspreyFX offers a decent selection of crypto coins paired with USD, including Bitcoin. 1:10 leverage is available with starting deposits from just $10 and support for Expert Advisors (EAs).
Spread
Variable	Variable
Coins
BTC DASH ETH LTC BCH XRP NEO IOTA	BTC DASH EDO EOS ETH IOTA LTC NEO OMG SAN XMR XRP ZEC DOGE SHIB ADA SOL DOT AVA XLM TRON ETC BNB BCH BAT
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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