ActiveTrades vs OspreyFX Compared in 2024

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ActivTrades and OspreyFX are online forex brokers that offer their trading services to traders and investors. ActivTrades is a highly regulated and trusted forex broker. It is regulated by multiple regulatory authorities including SCB, FCA, CMVM, BACEN, and CVM. On the other hand, OspreyFX is an offshore forex broker which is not regulated by any regulatory bodies. Both the brokers have their own strengths and weaknesses.  

In this article, we will review and compare the brokerage services offered by ActivTrades and OspreyFX. We will explore options such as regulations, reputations, fees, features, leverage, and more. Additionally, we will analyze and rate the brokers based on macro and micro categories and options. By reviewing these aspects, you will get a clear idea of which broker suits you best for your trading journey.

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.

ActivTrade At a Glance

ActivTrade At a Glance
  • Founded In: 2001
  • Founder: Alex Pusco
  • Headquarters: London, UK
  • Minimum Deposit: No Minimum Deposit. However Chinese and Brazilian traders require a $500 Minimum Deposit. 
  • Maximum Leverage: 1:200 for retails traders, and 1:400 for Pro traders 
  • Regulations:FCA, SCB, CMVM, BACEN and CVM
  • Trading platform: MT4, MT5, ActivTrader and Tradingview
  • Account Types:  Professional Account, Retail 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 Features

ActivTrades

  • Trading Instruments: 1000+Trading instruments including Forex ( Major, minor, exotics), shares, Indices, cryptocurrencies, ETFs, Commodities, Bonds, etc 
  • Maximum leverage: 1:30 for retail traders of FCA, and CMVM, 1:200 for retail traders of SCB, and 1:400 for Pro Traders.
  • Minimum Deposit: No Minimum Deposit. However, for Chinese and Brazilian clients the minimum deposit is $500
  • Account Types: Two ( Professional, Retail) 
  • Trading Fees: ActiveTrades charges spread. The spread starts from as low as 0.5 pips. It does not charge any commission. 
  • PAMM/ MAM:  Available 
  • Zulutrade: Available
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed

OspreyFX

  • Trading Instruments: 120+ trading instruments including Forex (Major, Exotics, Crosses), Indices, Metals, Commodities, Cryptos, Shares (US, EU)
  • Maximum leverage: 500:1
  • Minimum Deposit: $10
  • Account Types: 3 (Standard, Pro, Var)
  • Trading Fees: Spread starting from 0.4 pips or commission from $1 to $8
  • PAMM/ MAM:  Not Available
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed

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 :

Both ActivTrades and OspreyFX offer similar trading services worldwide. However, there are differences in their regulations, reputation, and operation. ActivTrades is a highly regulated and trusted forex broker. It is regulated by top-tier regulatory authorities, including SCB, FCA, CMVM, BACEN, and CVM. On the other hand, OspreyFX is an unregulated offshore forex broker. ActivTrades provides Multiple trading platforms including MT4, MT5, ActivTrader and Tradingview. On the Contrary, OspreyFX does not offer MT4/MT5. It uses only TradeLocker as its trading platform. 

As ActivTrades is not licensed in the USA, it cannot accept US clients. Being an unregulated offshore forex broker, OspreyFX can onboard clients from anywhere in the world, including the USA. Therefore, non-US traders may opt for ActivTrades, while US traders looking for offshore forex brokers may consider OspreyFX. Trading with offshore forex brokers is always risky

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.

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