OspreyFX vs Bybit
| OspreyFX | Bybit |
|---|---|
3
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3.1
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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. |
Bybit is an established crypto exchange aimed at online traders. Clients can speculate on leading tokens like Bitcoin, access crypto staking and loans, or trade NFTs using the firm's digital marketplace. Millions of users have signed up with the firm since it launched in 2018. |
| Bonus Offer | |
| 20% Discount [DayTrading.com Exclusive] | Up To 4030 USDT Welcome Bonus |
| 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." | "Bybit is a good choice for active traders who want a fast and straightforward way to buy crypto tokens and trade crypto derivatives." |
| Pros | |
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| Cons | |
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| Instruments | |
| Forex, Cryptos, Indices, Stocks, Commodities | Cryptos, Futures |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.001 Lots |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| Yes | Yes |
| 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 | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | Yes |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| iOS & Android | Yes (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 | Via 3rd party software |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| Use the Top Traders leaderboard to follow experienced crypto investors. Mirror positions on Bitcoin, Ethereum and more for a small charge. | |
| Social Trading | |
| No | No |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| Yes | No |
| Demo Competitions | |
| Yes | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | |
| 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. |
|
| 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). | Buy dozens of crypto tokens with one click, or choose between hundreds of tokens to trade on spot markets, with more options than many alternatives. Crypto derivative products include perpetual futures and options. |
| Spread | |
| Variable | Market maker, derivatives fee: 0.01%, spot fee: 0.1% Market taker: derivatives fee: 0.06%, spot fee: 0.1% |
| Coins | |
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| Crypto Lending | |
| No | Yes |
| Crypto Mining | |
| No | Yes |
| Crypto Staking | |
| No | Yes |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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OspreyFX vs |
Bybit vs |