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OspreyFX
Unregulated
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OspreyFX

Saint Vincent and the Grenadines
2018/7/4
1.73
Rating Index
Legal Environment
6.394
License Value
0
Risk Management
1.2
Investor Protection
5.71
Regulatory Policy
0
Industry Classification
C
Poor
Trading Platforms
TradeLocker

Basic Information

  • Registered Region
    Saint Vincent and the Grenadines
  • Operation Status
    Suspected of fraud
  • Operating Period
    2018/7/4
  • Deposit Methods
    OspreyFX supports various deposit methods, including Bitcoin, other cryptocurrencies, and credit/debit cards. Bitcoin deposits offer the advantage of tracking transaction progress on blockchain.info.
  • Website
  • Market Type
    120+, Forex, Metals, Cryptocurrencies, Indices, Shares, Energies, Futures
  • Support Languges
    Britain
  • Main Business
    Forex, Metals, Cryptocurrencies, Indices, Shares, Energies, and Futures.
  • Business Type
    Brokerage
  • Social Media
  • Contact Details
  • Type of Accounts
    Standard accounts, demo accounts
  • Trading Platforms
    TradeLocker
  • Withdraw Methods
    The platform provides three withdrawal methods: credit/debit cards, Bitcoin, and wire transfer. For wire transfers below $5,000, a $25 fee applies, with a processing time of 1-6 business days, which may present delays as these transactions are not processed instantly.
Pros Multiple account types No deposit or withdrawal fee on most occasions Wide range of tradable assets Demo account available Cons Commission charged Unregulated
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.
Client funds are segregated. OspreyFX keeps client deposits in separate bank accounts, strictly separating its own funds from client funds. In extreme circumstances (such as company bankruptcy), client funds will not be used to pay OspreyFX's debts. Regarding banking partnerships, OspreyFX collaborates with Tier-One banks to ensure the security and speed of fund deposits and withdrawals.
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.
OspreyFX charges $25 for banking fees for withdrawals of up to 5K.
The official OspreyFX website states that investors have two options for trading software: iOS Version of Tradelocker Android Version of Tradelocker These options allow investors to trade seamlessly on both iOS and Android devices, providing flexibility and accessibility for mobile trading.
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.
The platform offers forex education for all levels, covering strategies for successful trading. However, the resources lack in-depth risk management content, which may lead beginners to underestimate potential risks and face losses.
Knowledge Base: OspreyFX has a knowledge base platform covering frequently asked questions about account opening, funds, trading, TradeLocker usage, security, and withdrawals.
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Rating Instructions
Rating Index
OspreyFX
OspreyFX
Unregulated
Legal Environment
6.394
License Value
0
Risk Management
1.2
Investor Protection
5.71
Regulatory Policy
0
  • Legal Environment

    Evaluates the regulator's legal foundation, organizational structure, leadership experience, and enforcement capacity. Focuses on whether it enforces strict regulations, maintains transparency and fairness, and engages in international cooperation and technological supervision.

  • Regulatory Policy

    Analyzes the regulator's policy framework, decision-making process, and enforcement transparency, including rule-making, internal control, and policy implementation effectiveness.

  • License Value

    Assesses the market value of the licenses issued by the regulator, including entry thresholds, compliance costs, approval duration, and overall global recognition and influence.

  • Risk Management

    Evaluates the regulator's financial stability and risk management capacity, including budgeting, reserves, revenues, expenditures, and ability to respond to market or financial shocks.

  • Investor Protection

    Examines the regulator's complaint-handling and investor protection systems, assessing fairness, responsiveness, and enforcement effectiveness in safeguarding investor rights.

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