OspreyFX vs OctaFX

OspreyFX vs OctaFX Comparison Table 2023
OspreyFX	OctaFX
Review 3	Review 4.1
Traders from US not accepted	Traders from US not 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.	OctaFX offers commission-free multi-asset trading on MT4 & MT5 platforms with tight floating spreads. Users can also benefit from a proprietary copy trading service.
Bonus Offer
20% Discount [DayTrading.com Exclusive]	Up to 50% deposit bonus
Promotions
	Get A 50% Bonus On Each Deposit At OctaFX
Pros
Full range of investments MetaTrader 4 integration Low minimum deposit Demo account	Full range of investments Low minimum deposit Highly rated MetaTrader 4 and 5 Copy trading Commission-free trading Mobile app compatibility Negative balance protection (Within EU) No deposit & withdrawal fees Comprehensive educational content Bonuses and contests available (non-EU) High Leverage 1:500 (non-EU) Demo account with access to unlimited virtual funds Offers Islamic accounts
Cons
Weak regulation No copy trading	Few payment methods No global stocks trading Zero pip spreads unavailable The global entity is regulated offshore Small selection of tradeable instrument
Awards
	Most Secure Broker Indonesia 2022- International Business Magazine Best Global Broker Asia 2022- International Business Magazine Best Forex Broker Pakistan 2022- Global Brands Best Forex Broker India 2022- World Finance Best Mobile Trading Platform 2022- FXDailyInfo Best In Class For Social Copy Trading 2022- Forexbrokers.com Best Trading Conditions Asia 2021- World Business Outlook
Instruments
Forex, Cryptos, Indices, Stocks, Commodities	Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
$50	$100
Payment Methods
Bitcoin Payments Credit Card Debit Card PayRedeem Wire Transfer	Credit Card Debit Card FasaPay Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
0.01 lots	0.01 lots
Regulator
	SVGFSA, CySEC
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	Yes
eSignal
No	No
Trading Central
No	No
STP Account
Yes	No
ECN Account
Yes	Yes
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	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	Yes (iOS & Android)
Auto Trading
EAs (MT4 & MT5)	Yes
Copy Trading
No	Yes
Copy Trading Platform
	Copy trading in OctaFX is offered through a proprietary platform and mobile app, as well as integration via the MetaTrader suites. Users can easily diversify portfolios by copying the most profitable traders. Track professionals and their performance for live for smart investing, control your portfolio and view how your funds are invested and manage risks in real time.
Social Trading
No	Yes
Trade Signals
	Yes (EAs)
VPS Hosting
No	Yes
Tournaments
Yes	No
Demo Competitions
Yes	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	0
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD	USD EUR
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	Dow Jones FTSE UK Index Nasdaq
Commodities
Copper Gold Natural Gas Oil Platinum Silver	Gasoline Gold Natural Gas Oil Silver
CFD Trading
OspreyFX offers CFDs on forex, commodities, stocks, cryptos and indices.	Trade CFDs on the financial markets with floating spreads and flexible leverage.
Leverage
1:500	1:500 (Global), 1:30 (EU)
FTSE Spread
0.5 pts	1.8
GBPUSD Spread
0.8 pips	1.1
Oil Spread
0.09 pips	0.7
Stocks Spread
0.4 pips	Variable
Forex Trading
OspreyFX offers clients more than 50 major, minor and exotic currency pairs.	OctaFX offers leveraged trading on currencies with floating spreads from 0.6 pips.
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.	OctaFX offers a user-friendly trading platform that can be used to take positions on major and minor currency pairs. Copy trading is also available via the broker’s in-house mobile application.
GBPUSD Spread
0.8 pips	1.1
EURUSD Spread
0.5 pips	0.7
EURGBP Spread
0.8 pips	2.1
Assets
53	35
Cryptocurrency
OspreyFX offers a selection of crypto coins paired with USD.	Trade 30+ popular digital currencies paired with the USD.
Spread
Variable	Variable
Coins
BTC DASH EDO EOS ETH IOTA LTC NEO OMG SAN XMR XRP ZEC DOGE	BTC LTC ETH ZEC SOL ADA DOT ATOM LINK AVAX BTB MANA MATIC NEAR IOTA DOGE DASH ALGO AAVE
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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