OspreyFX Spreads, leverage, minimum deposit Revealed

OspreyFX Information

　　OspreyFX is an unregulated online trading platform that provides access to multiple financial instruments, such as Forex, Metals, Cryptocurrencies, Indices, Shares, Energies, and Futures. Alongside its four main account types based on an ECN account, the platform also offers a demo account for practice trading.

Pros & Cons

Is OspreyFX Legit?

　　No. OspreyFX is not a licensed broker, which makes it risky to invest in this platform.

What Can I Trade on OspreyFX?

　　OspreyFX assets to offer over 120 market instruments, including Forex, Metals, Cryptocurrencies, Indices, Shares, Energies, and Futures.

Account Types

　　OspreyFX offers various account types on its platform.

• Demo account for users to test the platform without risking money.
• Four ways to trade using an ECN TradeLocker account.

Leverage

　　OspreyFX offers a leverage ratio of up to 1:500, which means that traders can open positions up to 500 times the value of their account balance.

Fees

　　Account Commission

　　Deposit and Withdrawal charges

　　OspreyFX charges $25 for banking fees for withdrawals of up to 5K.

Trading Platform

　　The trading platform OspreyFX offers is TradeLocker, which is a widely recognized platform in the forex industry, famous for its advanced charting capabilities, technical analysis tools, and customizable interface.

Deposit and Withdrawal

　　Deposit Options

　　Withdrawal Options

　　Note: There may be fees associated with the payment method provider themselves with an incoming transaction. Processing fees apply to cryptocurrency deposits originating from their respective processing networks. OspreyFX is not responsible for any network fees deducted from any transactions.