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OspreyFX vs Kraken

OspreyFX vs Kraken Comparison Table 2023
OspreyFX Kraken
Review
3
Review
3.9

Kraken is #20 in our crypto 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.

Kraken is a top-rated cryptocurrency trading exchange offering the largest tokens and altcoins by market cap.

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] Lower fees when trading volume exceeds $50,000 in 30 days
Instruments
Forex, Cryptos, Indices, Stocks, Commodities Cryptos
Demo Account
Yes Yes
Minimum Deposit
$50 $10
Payment Methods
Minimum Trade
0.01 lots Varies upon the crypto traded
Regulator
FCA, FinCEN, FINTRAC, AUSTRAC, FSA
Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No Yes
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No 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 No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android Yes
Auto Trading
EAs (MT4 & MT5) Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin
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
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
Stock Exchanges
Commodities
CFD Trading
OspreyFX offers CFDs on forex, commodities, stocks, cryptos and indices. 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 clients more than 50 major, minor and exotic currency pairs. 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
53
Cryptocurrency
OspreyFX offers a selection of crypto coins paired with USD. Trade over 65 cryptocurrencies including Bitcoin
Spread
Variable 0-0.26% average
Coins
  • BTC
  • DASH
  • EDO
  • EOS
  • ETH
  • IOTA
  • LTC
  • NEO
  • OMG
  • SAN
  • XMR
  • XRP
  • ZEC
  • DOGE
  • AAVE
  • ALGO
  • ANT
  • REP
  • REPV2
  • BAT
  • BAL
  • XBT
  • BCH
  • ADA
  • LINK
  • COMP
  • ATOM
  • CRV
  • DAI
  • DASH
  • MANA
  • XDG
  • EWT
  • EOS
  • ETH
  • ETC
  • FIL
  • FLOW
  • GNO
  • ICX
  • KAVA
  • KEEP
  • KSM
  • KNC
  • LSK
  • LTC
  • MLN
  • XMR
  • NANO
  • OCEAN
  • OMG
  • OXT
  • PAXG
  • DOT
  • QTUM
  • XRP
  • SC
  • XLM
  • STORJ
  • SNX
  • TBTC
  • USDT
  • XTZ
  • GRT
  • TRX
  • UNI
  • USDC
  • WAVES
  • YFI
  • ZEC
  • BNB
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No Yes
Auto Market Maker
No No
Review
Review
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