OspreyFX Review 2026
Established in 2019
•
Saint Vincent
• FSA Regulated
OspreyFX offers forex and CFD trading services with a 3.6/5 rating. Regulated by FSA, this broker offers spreads from 0.1 pips on EUR/USD with a minimum deposit of $10. Trade 120+ instruments including forex, CFDs, and more.
📊 OspreyFX Overview
OspreyFX (OspreyFX Ltd) is a well-established broker founded in 2019 headquartered in Kingstown, Saint Vincent. The broker operates under the supervision of FSA .
With access to 120+ tradable instruments including 55 forex pairs , 15 cryptocurrencies , and various indices, OspreyFX caters to diverse trading strategies.
| Legal Name | OspreyFX Ltd |
|---|---|
| Founded | 2019 |
| Headquarters |
Kingstown, Saint Vincent
|
| Primary Regulation | FSA (Tier 3 - Basic) |
| Instruments | 120+ assets |
| Min Deposit | $10 |
| Max Leverage | 1:500 |
📖 OspreyFX — In-Depth Introduction
Since launching in 2019, OspreyFX has established itself as a competitive option for forex traders. While OspreyFX is regulated by FSA, this offshore jurisdiction offers more limited investor protections compared to tier-1 regulators like the FCA or ASIC. Targeting active traders and scalpers, OspreyFX offers some of the tightest spreads in the market at 0.1 pips on EUR/USD.
Company Background
OspreyFX (legally OspreyFX Ltd) has been operating in the financial services industry for 7 years. Headquartered in Kingstown, Saint Vincent, the broker continues to build its reputation in the competitive online trading space.
The broker provides access to 120+ tradable instruments.
💸 OspreyFX Fees — Complete Cost Analysis
Trading costs at OspreyFX are exceptionally competitive, placing this broker among the most cost-effective options available. With EUR/USD spreads averaging 0.1 pips, active traders can significantly reduce their transaction costs compared to the industry average. OspreyFX's ECN accounts feature $3.0 commission per lot, combined with raw spreads. Total trading costs often work out lower than spread-only accounts for high-volume traders. For context, a day trader executing 5 round-turn trades daily at 1 lot each would pay roughly $5 in spread costs per day with OspreyFX. Over a month (22 trading days), that's $110.
Trading Costs Breakdown
💡 Cost Calculator: OspreyFX
Non-Trading Fees
| Fee Type | OspreyFX | Industry Average |
|---|---|---|
| Deposit Fee | Free | Free - $25 |
| Withdrawal Fee | Varies by method | $0 - $50 |
| Inactivity Fee | None | $10-50/month |
Want to compare fees with other brokers?
⚖️ Compare🛡️ Is OspreyFX Safe? — Complete Security Analysis
OspreyFX's Trust Score of 50/100 suggests moderate safety levels. While basic protections exist, traders should carefully consider their risk tolerance. Fund protection at OspreyFX may be more limited than tier-1 regulated brokers. We recommend not depositing more than you can afford to lose.
Regulatory Framework
Limited investor protection. Exercise caution and only invest what you can afford to lose.
Security Features Checklist
Understanding the Trust Score
Our 50/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use OspreyFX?
✅ Best For
- Beginners will appreciate OspreyFX's low $10 minimum deposit, free demo account, and educational resources. The learning curve is manageable, making it suitable for those just starting their trading journey.
- Scalpers and high-frequency traders should consider OspreyFX for its 0.1 pip spreads and rapid execution. Every fraction of a pip saved adds up when executing dozens of trades daily.
- Muslim traders can benefit from OspreyFX's swap-free Islamic accounts, which comply with Sharia principles. No interest is charged on overnight positions.
❌ May Not Suit
- Traders prioritizing maximum safety may prefer tier-1 regulated alternatives with stronger investor protection schemes.
Looking for alternatives?
📝 The Bottom Line on OspreyFX
OspreyFX is a decent option worth considering with a 3.6/5 rating.
📈 OspreyFX Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how OspreyFX performed in our rigorous testing:
OspreyFX is a decent choice but has areas that could be improved.
💰 OspreyFX Fees & Spreads
Understanding trading costs is crucial for profitability. OspreyFX uses a Raw/ECN spread model with commissions of $3.0 per lot round turn. The average EUR/USD spread is 0.1 pips — one of the lowest in the industry.
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | 0.1 | 0.1 pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | $3.0/lot |
| Deposit Fee | Free |
| Withdrawal Fee | Free (method dependent) |
| Inactivity Fee | None |
| Swap-Free (Islamic) | ✓ Available |
💡 Trading Cost Example
Trading 1 standard lot (100,000 units) of EUR/USD with OspreyFX:
- Spread Cost: 0.1 pips × $10/pip = $1.0
- Commission: $3.0 round turn
- Total Cost: $4.0 per lot
🛡️ OspreyFX Regulation & Safety
OspreyFX is regulated by FSA, a Tier 3 - Basic regulatory authority. While regulated, traders should be aware that offshore regulation may offer less protection than tier-1 jurisdictions.
📜 Regulatory Licenses
- FSA SVG 25167
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- — Publicly Traded
🎯 Trust Score: 50/100
Lower Trust: Exercise caution and verify all regulatory claims independently.
🖥️ OspreyFX Trading Platforms
OspreyFX offers 2 trading platforms, giving traders flexibility in how they access the markets. Mobile apps are also available for iOS and Android.
MetaTrader 4
The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.
- ✓ Expert Advisors (EAs)
- ✓ Custom Indicators
- ✓ One-Click Trading
- ✓ Mobile & Desktop
📋 Platform Comparison
| Feature | MT4 | MT5 | cTrader |
|---|---|---|---|
| Available | ✓ | ✗ | ✗ |
| Copy Trading | ✗ | ✗ | ✗ |
| Algo Trading | ✓ | ✗ | ✗ |
| VPS Available | Not offered | ||
| API Access | Not available | ||
🌐 OspreyFX Tradable Instruments
OspreyFX offers access to 120+ tradable instruments across multiple asset classes. This includes 55 forex pairs , 15 cryptocurrencies .
👤 OspreyFX Account Types
OspreyFX offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice. Swap-free Islamic accounts are also available for Muslim traders.
Practice with virtual funds
Compliant with Sharia law
Not available
Not available
Not available
💳 OspreyFX Deposits & Withdrawals
OspreyFX requires a minimum deposit of $10 — one of the most accessible in the industry.
📥 Deposit Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets (Skrill, Neteller)
📤 Withdrawal Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets
⚖️ OspreyFX Pros & Cons
✅ Pros
- Ultra-low spreads from 0.1 pips on EUR/USD
- Regulated by FSA with investor protection
- Free demo account available for practice
- Low minimum deposit of just $10 makes it accessible
- Negative balance protection for retail traders
- Swap-free Islamic accounts available
❌ Cons
- Offshore regulation offers less protection than tier-1 jurisdictions
- No copy trading feature
- Limited educational resources for advanced traders
📚 OspreyFX Education & Research
OspreyFX's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 OspreyFX Customer Support
OspreyFX offers customer support to assist traders with their queries.
⭐ OspreyFX User Reviews
📝 User reviews will be displayed here. Share your experience with OspreyFX!
Write a Review🏆 OspreyFX — Our Verdict
OspreyFX is a decent broker with some limitations. With FSA regulation, 0.1 pips EUR/USD spreads, and a $10 minimum deposit, this broker is particularly accessible for beginners .
Best for: Scalpers and high-frequency traders , Beginners with limited capital
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
❓ OspreyFX — Frequently Asked Questions
Is OspreyFX a safe and regulated broker?
Yes, OspreyFX is regulated by FSA, which is a Tier 3 - Basic regulatory authority. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at OspreyFX?
The minimum deposit at OspreyFX is $10. This is considered low and accessible for beginners.
What trading platforms does OspreyFX offer?
OspreyFX offers the following trading platforms:
- MetaTrader 4 (MT4) — The most popular forex trading platform
- Web Platform — Trade directly from your browser
- Mobile Apps — Available for iOS and Android
What are OspreyFX's spreads on EUR/USD?
OspreyFX offers EUR/USD spreads with an average of 0.1 pips. The broker uses Raw/ECN spreads. On ECN accounts, there's a commission of $3.0 per lot round turn.
How long do withdrawals take at OspreyFX?
Withdrawal processing times at OspreyFX depend on the payment method:
- E-wallets: 0-24 hours
- Credit/Debit Cards: 2-5 business days
- Bank Transfers: 3-7 business days
Does OspreyFX offer a demo account?
Yes, OspreyFX offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.
What is OspreyFX's maximum leverage?
OspreyFX offers maximum leverage of 1:500. However, note that leverage limits vary by region due to regulatory requirements:
- EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
- Professional traders: Higher leverage may be available upon qualification
- Other jurisdictions: Leverage up to 1:500 may be available
Higher leverage increases both potential profits and potential losses.
Can I use OspreyFX in ?
OspreyFX accepts traders from . The broker operates under FSA regulation. Always verify current availability and applicable regulations on the broker's website.
Does OspreyFX offer Islamic (swap-free) accounts?
Yes, OspreyFX offers Islamic (swap-free) accounts that comply with Sharia law. These accounts do not incur swap charges for positions held overnight. Contact OspreyFX's support to request an Islamic account.
What instruments can I trade with OspreyFX?
OspreyFX offers access to 120+ tradable instruments:
- 55 Forex currency pairs
- 15 Cryptocurrencies
- 10 Index CFDs
- 8 Commodities
