OspreyFX vs Coinbase

OspreyFX vs Coinbase Comparison Table 2024
OspreyFX	Coinbase
Review 3	Review 1.4

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.	Coinbase is a leading cryptocurrency exchange that provides access to 18,000+ crypto assets that can be traded on the marketplace, stored in a wallet or borrowed via the brand's DeFi function. The US-based firm has over 10 million clients and offers educational support to individual traders and tailor-made derivative products for businesses.
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Bonus Offer
20% Discount [DayTrading.com Exclusive]	£5/$5 in BTC. Terms and Conditions Apply. See Review
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."	"Coinbase is a good option for dedicated crypto investors who want a vast selection of established and low-market-cap tokens. The platform makes it straightforward for new crypto investors to buy and sell Bitcoin in a few clicks."
Pros
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	Powerful purpose-built crypto trading platform with backtesting capabilities Well-regarded crypto exchange with thousands of tokens available One of the most trusted brands in the crypto space Fast execution speeds on the trading software Slick app with excellent customer feedback Margin trading available in some countries You can sign up in three quick steps
Cons
Weak regulation Bank transfer deposit fee US clients not accepted Difficult to connect to customer service through chatbot	Coinbase trades don't take place anonymously Occasional bugs have caused issues on the system Lower safety score vs established crypto brokers
Instruments
Forex, Cryptos, Indices, Stocks, Commodities	Cryptos
Demo Account
Yes	No
Minimum Deposit
$10	$0
Trading Platforms
MT4 MT5	AlgoTrader
Payment Methods
Bitcoin Payments Credit Card Debit Card Mastercard PayRedeem Visa Wire Transfer	ACH Transfer Apple Pay Credit Card Debit Card Google Wallet iDeal PayPal Sofort Visa Wire Transfer
Minimum Trade
0.01 Lots	0.0001 XBT
Regulator
	CBoI
Margin Trading
Yes	Yes
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	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	Yes
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
Copy Trading
No	No
Social Trading
No	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
Inactivity Fee
	$0
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD AUD
Stock Exchanges
CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index IBEX 35 Japan Exchange Group Nasdaq S&P 500
Commodities
Copper Gold Natural Gas Oil Platinum Silver
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
USD
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).	With some 18,000 digital assets available to trade, Coinbase is one of the leading exchanges in the crypto world with a wider selection of tokens than most alternatives. Traders access crypto markets through a powerful platform and can enjoy margin trading in some jurisdictions. Maker and taker fees are low and there are no hidden account charges.
Spread
Variable	BTC 0.1%, ETH 0.1%
Coins
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	BCH BTC ETH LTC XRP IOTA NEO EOS XMR FIL WBTC SHIB BNB
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	Yes
Auto Market Maker
No	No

Review	Review
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