ActiveTrades vs OspreyFX Compared in 2024

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ActiveTrades vs OspreyFX: In a Nutshell

ActiveTrades

ActivTrades is an online forex and CFD broker that offers MT4, MT5, and the ActivTrader proprietary web and mobile trading platforms. Alex Pusco founded ActivTrades as a stock brokerage in Switzerland in 2001. Later he moved to London in 2005. The broker added MetaTrader 4 in 2007. It also added CFDs on indices and commodities to its offer in 2008. ActivTrades offers over 45 currency pairs, Indexes, ETFs, as well as Commodities and Shares CFDs for your personal investment and trading options.

ActivTrades At a Glance

ActivTrades At a Glance
  • Founded In: 2005
  • Minimum Deposit: $10 
  • Maximum Leverage: 1:500
  • Regulations:FCA,CSSF,SCB
  • Trading platform: MT4, MT5, ActivTrader and Tradingview
  • Account Types: Professional, Individual, Demo and Standard Account
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Maestro, Ngan Luong, PayPal, Skrill, SOFORT
  • US Clients : Not Accepted

OspreyFX

Founded in 2018, OspreyFX is a regulated forex broker headquartered in Saint Vincent and the Grenadines. It operates as an offshore forex broker, offering leverage as high as 500:1. OspreyFX supports all trading styles; including scalping, hedging, news trading, copy trading, and algorithmic trading. Currently, it uses TradeLocker as its trading platform. The broker provides a wide range of trading instruments, such as forex, Indices CFDs, Metal CFDs, Commodities CFDs, Cryptos CFDs, and Share CFDs (US and EU). Being an offshore forex broker it can onboard clients from anywhere in the world, including the USA. However, the broker only accepts crypto deposits and withdrawals.

OspreyFX Overview

OspreyFX Overview
  • Founded In: 2019
  • Trading Instruments: 120+ including Forex, Crypto, Stocks, Indices, Commodities
  • Minimum Deposit: between $25 and $500 (Depending on Account Type) 
  • Maximum Leverage: 1:500
  • Regulations: None 
  • Trading Fees: Starting from 0.1 Pips
  • Deposit and Withdrawal Fees: $0 
  • Trading platform: TradeLocker
  • Account Types: 4 account types such as Standard ECN, Pro ECN, VAR, Mini
  • Payment Options: Bitcoin, Crypto, Credit/Debit Cards, and PayRedeem
  • US Traders: Accepted 

ActivTrades vs OspreyFX: Pros and Cons

ActivTrades

Pros
  • Regulated by FCA, SCB, CMVM.
  • There is no Minimum Deposit. You may deposit as low as possible
  • The maximum leverage is as high as 200:1.
  • Free deposit and withdrawal.
  • Allows scalping, news trading, and EA trading.
  • Has MT4, MT5, TradingView, and ActivTrades platforms.
  • Offers 1000+ trading instruments.
  • Spreads start from 0.5 pips.
  • Provides fast order execution.
  • Lloyds of London insurance up to $1,000,000.
  • Offers 24-hour customer support in 14 languages.
  • Supports a variety of bank accounts.
  • Available to customers in more than 140 countries
Cons
  • Not regulated by ASIC or CySEC.
  • Only forex and CFDs are offered; no real tradable instruments are available.
  • No passive investment programs like PAMM or MAM accounts.
  • Mediocre customer support.
  • Not authorized to trade real stocks.
  • Offers 24/5 support.
  • A bank wire withdrawal fee is applicable.
  • Wide spreads in crypto pairs.
  • An inactivity fee may be charged.
  • The minimum deposit for Brazilian and Chinese traders is $500.

OspreyFX

Pros
  • The Maximum Leverage is as high as 1:500  
  • ECN STP broker model
  • Faster Trade Execution with Tradelocker 
  •  Offers Multiple Account Types including, Demo accounts and Live Accounts 
  • Rebates and Rewards are Available for Live Trading Accounts 
  • Accounts can be funded with multiple crypto coins such as BTC, ETH, LTC, USDT, DOGE, etc.
  • Professional traders who can prove their competence may receive funded accounts up to $200,000 and earn up to 80% of their profits.
Cons
  •  Unregulated Offshore Forex Broker 
  •  No Metatrader (MT4, MT5) Trading Platfroms. 
  • Offers Only Tradelocker Trading Platform 
  •  Limited Deposit and Withdrawal Methods (Cryptos, PayRedeem) 
  •  No managed accounts or Social Trading (MAM, PAMM) Offered 
  •  Live chat is a bit complex. To contact the chat operator, you need to first answer a series of questions from the virtual bot each time.

ActivTrades vs OspreyFX: Side-by-Side Comparison

ActivTrades
OspreyFX
Product
Founded In
Founded In
2005
2019
Founded By
Founded By
Matthew Murphie
Not Found
Headquarters
Headquarters
London, E1W 1YN, United Kingdom.
St Vincent and the Grenadines.
Regulations
Regulations
FCA,CSSF,SCB, BACEN,CVM and CMVM
None
Min Deposit
Min Deposit
$10
$25
Max Leverage
Max Leverage
1:400
500:1
Tradable Assets
Tradable Assets
Forex, Shares, Indices, Cryptocurrencies, ETFs, Commodities.
Bitcoin, Crypto, Credit/Debit Cards, and PayRedeem
Fees
Fees
Spread from 0.5 pips
Spread from 0.1 pips
Platforms and Tools
Platforms and Tools
MT4, MT5, ActivTrader and Tradingview
MT4, MT5
US Traders
US Traders
Not Allowed
Allowed

ActivTrades Vs OspreyFX: Our Scores and Ratings

We rated both brokers, ActivTrades and OspreyFX, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.

ActivTrades :

9
ActivTrades Score
Regulation and Security (40%)9
Fees and Commissions (20%)9.3
Trading (15%)9.2
Trading tools (10%)9
Customer Support (10%)9
Trading Education (5%)8

OspreyFX:

4.4
OspreyFX Scores
Regulation and Security (40%)1.5
Fees and Commissions (20%)7
Trading (15%)6
Trading tools (10%)2
Customer Support (10%)8
Trading Education (5%)9

Final Verdict :

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

DisclosureAt Brokersway we're committed to delivering unbiased information. our opinions are our own and are not influenced by the payment we receive from our advertising partners. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money.

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