OspreyFX vs BakerySwap
OspreyFX | BakerySwap |
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3
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Not Yet Rated
BakerySwap is #30 in our crypto broker rankings. |
Traders from US not accepted
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Traders from US accepted |
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. |
BakerySwap is a DeFi platform operating on the Binance Smart Chain that follows the trend in food-themed exchanges. |
Bonus Offer | |
20% Discount [DayTrading.com Exclusive] | None |
Comment by Reviewer | |
"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 | |
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Cons | |
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Instruments | |
Forex, Cryptos, Indices, Stocks, Commodities | Cryptos |
Demo Account | |
Yes | No |
Minimum Deposit | |
$10 | $0 |
Trading Platforms | |
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Payment Methods | |
Cryptocurrency | |
Minimum Trade | |
0.01 Lots | $0 |
Margin Trading | |
Yes | No |
STP Account | |
Yes | No |
ECN Account | |
Yes | No |
DMA Account | |
No | 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 | Yes |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Mobile Apps | |
iOS & Android | No |
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. |
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Android App Rating | |
2.2 |
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Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
No | |
VPS Hosting | |
No | No |
Tournaments | |
Yes | No |
Demo Competitions | |
Yes | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
Yes | No |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
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. | CFD trading not offered |
Leverage | |
1:500 | |
FTSE Spread | |
0.5 pts | |
GBPUSD Spread | |
0.8 pips | |
Oil Spread | |
0.09 pips | |
Stocks Spread | |
0.4 pips | |
Forex 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 trading not offered |
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. |
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GBPUSD Spread | |
0.8 pips | |
EURUSD Spread | |
0.5 pips | |
EURGBP Spread | |
0.8 pips | |
Assets | |
57 | |
Currency Indices | |
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Cryptocurrency | |
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). | As a DeFi exchange, BakerySwap allows traders to exchange their owned crypto for alternative tokens for a low fee. |
Spread | |
Variable | N/A |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | Yes |
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