OspreyFX vs Trader’s Way
OspreyFX | Trader's Way |
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3
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1.3
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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. |
Trader's Way is an offshore broker offering highly leveraged trading on dozens of forex pairs as well as cryptocurrencies and commodities through the MetaTrader 4, MetaTrader 5 and cTrader platforms. The broker has a decade of experience serving retail traders and provides 24/7 customer support. |
Bonus Offer | |
20% Discount [DayTrading.com Exclusive] | 100% deposit bonus up to $5,000 |
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." | "Trader's Way is best for traders interested in social investing with a low starting deposit and crypto funding solutions." |
Pros | |
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Cons | |
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Instruments | |
Forex, Cryptos, Indices, Stocks, Commodities | Forex, cryptocurrencies, commodities |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $10 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Margin Trading | |
Yes | 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 | No |
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. |
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Android App Rating | |
2.2 |
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Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Yes |
Copy Trading | |
No | Yes |
Copy Trading Platform | |
Use market signals from experienced traders to start copy trading alongside established investors. cTrader in particular offers an easy way to start mirroring the strategies of other users. | |
Social Trading | |
No | Yes |
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 | |
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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. | CFDs are available on metals, energies and cryptocurrency pairs with flexible leverage, NDD/STP execution and no strategy restrictions. On the negative front, the selection of commodities is limited and market research trails the best brokers. |
Leverage | |
1:500 | 1:1000 |
FTSE Spread | |
0.5 pts | N/A |
GBPUSD Spread | |
0.8 pips | 0.5 |
Oil Spread | |
0.09 pips | 0.1 |
Stocks Spread | |
0.4 pips | N/A |
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. | 42 forex pairs are available on three powerful trading platforms, including MT4 and MT5. The broker offers some of the highest leverage we have seen up to 1:1000, alongside competitive spreads from 0.5 pips on majors like the EUR/USD. |
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. |
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GBPUSD Spread | |
0.8 pips | 0.5 |
EURUSD Spread | |
0.5 pips | 0.5 |
EURGBP Spread | |
0.8 pips | 0.6 |
Assets | |
57 | 42 |
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). | Traders can access nine crypto pairs including BTC/USD, ETH/USD and XRP/USD with leverage up to 1:20. However the selection is narrower than many rivals. |
Spread | |
Variable | Floating |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
More Comparisons | |
OspreyFX vs |
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