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OspreyFX

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Operating status: SCAM

Website: https://ospreyfx.com/

Broker violations and abnormal records
  • 2021-06-17 BrokersView has reviewed that OspreyFX is currently a non-regulated broker
    BrokersView found OspreyFX is currently a non-regulated broker and is in the process of applying for a license. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
    BrokersView found OspreyFX is currently a non-regulated broker and is in the process of applying for a license. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

Related Complaints

Q&A Complaints

I wanna know real OspreyFX reviews.

Opra
Canada
2024-08-15
ANSWER Dear Investor,We are concerned that OspreyFX is a scam.OspreyFX is operated by Osprey Ltd, which claims to be registered with the Financial Services Authority of St. Vincent and The Grenadines (SVG FSA) under registration number 25288 BC 2019. However, it is important to note that St. Vincent and The Grenadines is a popular offshore jurisdiction known for its lax regulations. The SVG FSA does not regulate, monitor, supervise, or license forex brokers. Therefore, OspreyFX's claim of being registered with the SVG FSA does not constitute authorization to offer financial services or products in the forex market. In essence, OspreyFX is not regulated.Therefore, we strongly advise against using OspreyFX. We frequently receive complaints from individuals who have dealt with forex brokers registered solely with the SVG FSA, and these brokers often have poor reputations.
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Is OspreyFX regulated??

Mohammad Abdullah
Costa Rica
2023-03-07
ANSWER OspreyFX is an unregulated trading platform even though it states offers that look good to be true.As is mentioned in its "Terms & Conditions", OspreyFx belongs to Osprey Ltd which is registered in St. Vincent and the Grenadines. We then did find this company's records in St Vincent and the Grenadines Fiancial Services Authority (SVG FSA). However, it should be noted that SVG FSA is not a regulatory body for forex markets.The truth is, OspreyFX is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like OspreyFX and trade with licensed brokers.
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27 comments

Abdalla A Abiya
I am writing this review after a long time, usually I don't drop any reviews but this broker made me to share. I read about them in the forum section around 6 months back and decided to check them as I was already in search of a regulated broker who is lite on pocket and can make withdrawals within a day. Though I have no issues regarding the reliability but it’s my anxiety that I want my funds back in my account at the day end. I had tested them with a small account at first and then decided to stay. So far I have not encountered any issues while trading with them and can hope for the same to be continued.
2024-11-08
Reply
Wiwit Aryani
I started trading live with Fxview last month and the experience so far is pretty good. Trading conditions are quite competitive, especially the commissions. I also tried withdrawing a few bucks just to check them and it got processed within 12 hours.
2024-10-12
Reply
arshid
I have been into forex and stock trading with fxview for quite a while and pretty satisfied with them in terms of trading conditions. And recently they have started allowing crypto trading. And that’s what I was expecting from a long time and they have made it. Glad they are upgrading themselves gradually. Now they are my all in one broker for forex, stocks and cryptos.
2024-09-27
Reply
Jovila
When I started with this broker, they were pretty new in the market. I decided to try them because their trading conditions seem lucrative to me. And now it's been more than 3 years I am still using them. Besides trading conditions, support guys are also super active. Strongly recommended!
2024-09-24
Reply
Jahaga
Nearly 8 years of experience trading stocks and forex. After hearing someone mention Fxview. Have to admit that knowing their commission is $2/RT, I was intrigued and decided to go live. Happy that I have found a good broker with a solid trading condition and mainly, low commission.
2024-09-06
Reply
Rodney
I would not lie but this is one of the best brokers that I have come across in my trading journey. I started with them through demo trading and now they have become my only one broker which I use for trading in forex and cryptos, the trading conditions on both are good plus the withdrawals are done quickly, would highly suggest them if you are looking for one.
2024-09-02
Reply
bilal ahmad
Out of the three brokers I have been trading with, fxview has been the best one so far. Hoping to see more crypto options so I don't have to use multiple brokers. All in all, my experience has been quite pleasant with them.
2024-08-30
Reply
renry
Combining MT5's tools and other capabilities here with the exclusive trading conditions here was a game changer for me. Imagine being able to trade pairs like AUDCAD, EURCHF or even GBPNZD in microlots with spreads below 0.001 pips. It's unbelievable. Well done.
2024-08-26
Reply
MUHAMMAD NAVEED
I can't remember where I dug out this company, but actually these days I trade here. Overall conditions are awesome. Even though I have a one year experience, the info about automated and copy trading styles confused me. It's not conveyed transparently. Novices can easily get confused.
2024-07-05
Reply
sewa
I've been trading forex for about two years now and I've been with FXview for the past seven months. I can say that FXview offers a powerful trading platform with some advanced tools and features. I can't praise much else here. Most especially the single account idea. It really isn't one size fits all here; different traders, different needs. Should be better.
2024-06-12
Reply

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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