OspreyFX vs ForexChief

OspreyFX vs ForexChief Comparison Table 2023
OspreyFX ForexChief
WINNER
ForexChief is the better broker
Not Yet Rated
3.3

ForexChief is #14 in our broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

OspreyFX is an offshore forex and CFD broker with a range of tradeable assets, competitive leverage rates and access to the MT4 and MT5 trading platforms.

ForexChief is a foreign exchange and CFD broker with offshore regulation and access to both MT4 and MT5 trading platforms.

Pros
  • Full range of investments
  • MetaTrader 4 integration
  • Low minimum deposit
  • Demo account
Cons
  • Weak regulation
  • No copy trading
Bonus
20% Discount [DayTrading.com Exclusive] $100 no deposit
Instruments
Forex, Cryptos, Indices, Stocks, Commodities Stocks, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$50 $10
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
VFSC
Margin Trading
Yes Yes
Margin Rate
0.1%
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
Yes Yes
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
No Yes
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 iOS & Android
Auto Trading
EAs (MT4 & MT5) Yes
Copy Trading
No Yes
Social Trading
No No
Trade Signals
Yes
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 Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • USD
  • EUR
  • GBP
  • JPY
  • CHF
Stock Exchanges
Commodities
CFD Trading
OspreyFX offers CFDs on forex, commodities, stocks, cryptos and indices. ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals.
Leverage
1:500 1:1,000
FTSE Spread
0.5 pts 80
GBPUSD Spread<
0.8 pips 0.9
Oil Spread
0.09 pips 12
Stocks Spread
0.4 pips 50
Forex Trading
OspreyFX offers clients more than 50 major, minor and exotic currency pairs. ForexChief supports spot foreign exchange trading on all account types for 40 major, minor and exotic currency pairs on both MT4 and MT5.
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 0.9
EURUSD Spread
0.5 pips 0.4
EURGBP Spread
0.8 pips 0.9
Assets
53 40
Cryptocurrency
OspreyFX offers a selection of crypto coins paired with USD. ForexChief supports crypto CFD trading with five major digital currencies paired against the US dollar.
Spread
Variable Variable
Coins
  • BTC
  • DASH
  • EDO
  • EOS
  • ETH
  • IOTA
  • LTC
  • NEO
  • OMG
  • SAN
  • XMR
  • XRP
  • ZEC
  • DOGE
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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