FXGiants vs OspreyFX

FXGiants or OspreyFX – which is better for UK traders 2024? Compare FXGiants and OspreyFX in this detailed breakdown of their platforms, features and fees.

FXGiants vs OspreyFX Comparison Table 2024
FXGiants OspreyFX
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FXGiants is ranked #92 among CFD brokers. OspreyFX is ranked #54 among CFD brokers.
FXGiants is a global CFD broker with FCA and ASIC regulation and hundreds of products available with STP or ECN execution. We like that the broker boasts several useful features, supporting always-on, ultra-fast automation via its dedicated fibre-optic VPS. OspreyFX is an ECN broker headquartered in St. Vincent and the Grenadines. Established in 2019, the firm offers 120+ forex and CFD assets with high leverage up to 1:500, tight spreads from 0.1 pips and round-the-clock customer support. OspreyFX also stands out for its funded trading accounts where traders can keep up to 70% of profits.
Pros
  • Users can launch MetaTrader 4, PAMM management systems, automation developers and private servers
  • FXGiants caters to all client types with both STP and ECN account choices and several hundred investment products
  • Traders outside the UK can benefit from the $25 no deposit bonus deal simply for verifying their email
  • Tier-one regulation from the UK's FCA and Australia's ASIC
  • Zero spreads on some account types
  • OspreyFX stands out with its funded account program, providing traders who can prove their skills with $200K and attractive profit splits, providing a fresh avenue to grow trading balances.
  • This broker’s execution model facilitates fast order executions with low latency and competitive, real-time pricing sourced from over 50 banks with spreads averaging 0.1 pips on EUR/USD.
  • OspreyFX offers an excellent selection of third-party platforms (MT4, MT5 and TradingView), especially compared to rival unregulated brokers, catering to day taders looking for advanced charting features and risk management tools.
Cons
  • There is a lack of educational material and helpful content, which would add value for new traders
  • Beyond automation functions, FXGiants does not offer any additional features to maximize the client experience
  • Traders seeking cryptocurrencies will need to look to other brokers
  • Despite offering 24/7 support, we encountered multiple issues during testing, especially when trying to connect to an agent on chat to enquire about forex trading conditions.
  • OspreyFX may have a professional looking website but there’s no escaping the fact it’s based offshore in St Vincent and the Grenadines, providing weak investor safeguards with no negative balance protection.
  • The around 120+ tradable assets is woeful, with a reasonable selection of currency pairs but a terrible suite of EU and US shares especially that make this broker unsuitable for serious stock traders.
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
Forex, CFDs, indices, shares, commodities, futures Forex, Cryptos, Indices, Stocks, Commodities
Demo Account
Yes Yes
Minimum Deposit
$100 $10
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, ASIC
Mobile Apps
Yes iOS & Android
Trading App

The Forex Squad app is a free education tool with beginner-friendly training and content on a range of topics, including fundamental analysis, forex strategy and trading psychology. The app is free to download.

iOS App Rating
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2.2
Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
Yes No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Yes Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
Yes No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • SEK
  • CHF
  • PLN
  • CZK
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
Commodities
  • Gold
  • Silver
  • Natural Gas
  • Gold
  • Silver
  • Natural Gas
  • Oil
  • Copper
  • Platinum
CFD
The 300+ instruments offered by FXGiants span seven asset classes, including indices, equities, futures and commodities. In particular, our team was impressed by the breadth of commodities, covering hard, soft and energy products. OspreyFX offers leveraged CFDs on forex, commodities, stocks, cryptos and indices. Deep liquidity is available from 50+ providers with a competitive ECN account that will suit active trading strategies, including scalping.
Leverage
1:300 (UK), 1:500 (Australia), 1:1000 (Global) 1:500
FTSE Spread
N/A 0.5 pts
GBPUSD Spread<
1.97 0.8 pips
Oil Spread
4.11 0.09 pips
Stocks Spread
Variable 0.4 pips
Forex
FXGiants offers a strong suite of 70 currency pairs, spanning major, minor and exotics. Forex can be traded through CFDs, offering long and short opportunities with leverage. OspreyFX offers more than 50 major, minor and exotic currency pairs. Spreads start from just 0.1 pips on the EUR/USD and the broker provides a suite of forex trading education for beginners, including partnering with Forex Squad for fresh insights.
Assets
84 55+
GBPUSD Spread
1.97 0.8
EURUSD Spread
1.74 0.5
EURGBP Spread
1.90 0.8
Currency Indices
  • USD
Cryptocurrency
OspreyFX offers a decent selection of crypto coins paired with USD, including Bitcoin. 1:10 leverage is available with starting deposits from just $10 and support for Expert Advisors (EAs).
Spread
Variable
Coins
  • BTC
  • DASH
  • EDO
  • EOS
  • ETH
  • IOTA
  • LTC
  • NEO
  • OMG
  • SAN
  • XMR
  • XRP
  • ZEC
  • DOGE
  • SHIB
  • ADA
  • SOL
  • DOT
  • AVA
  • XLM
  • TRON
  • ETC
  • BNB
  • BCH
  • BAT
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
FXGiants OspreyFX
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