4.3 / 5
Rating breakdown
Things we didn't like:
Relatively new player in the funded account offeringAn entry fee to sign up for the challenge.
Why would you want an alternative to OSPREYFX?
New platforms like OspreyFX that are fresh off the prop firm boat may not yet have built up a successful or eminent reputation being quite “green.” Just as age doesn’t necessarily go hand in hand with quality, so the newer prop firms without a reputation as yet may also be worth holding judgement and investing time and a one-off fee to test.
What to look for in a OSPREYFX Alternative?
With the above in mind, here is what we would suggest as an alternative to OspreyFX funded trading account: a propriety trading firm which fills in the gaps above. Ideally you want to a company behind this funded trading account scheme that appears to be rather credible and enjoys a good reputation, scoring high on Trustpilot
Best OSPREYFX alternatives – Proprietary Trading Firms like (or better than) OSPREYFX
3.6 / 5
Rating breakdown
Things we liked:
FTMO charges a one-time fee onlyFTMO has generous conditions for its traders
Things we didn't like:
Complaints about the platform freezingComplaints about lack of customer support
FTMO Overview
FTMO is the latest in a burgeoning series of scouting programs. Propriety trading firms or “prop firms” put traders to the test (for a fee) through evaluations and challenges. The lucky few who pass are then funded with capital, and successful trades are split down a percentage with the broker. As scouting firms go, FTMO is an excellent all-rounder. Alongside a decent 80% payout for successful traders, FTMO equips users with webinars, workshops, and coaching.
3.5 / 5
Rating breakdown
Things we liked:
it takes a low percentage cut on your profitsThings we didn't like:
Not one-off paymentChallenges perceived to be too hard or pointless
Topstep Overview
Founded in 2012, TopstepForex has become one of the biggest proprietary trading sites online. Topstep FX is based in the USA, but it is available for everyone to use worldwide. Traders are invited to join their "forex funded trader program," which gives them the chance to use Topstep FX's money (and gain a healthy cut of the profits), without risking their capital.
2.6 / 5
Rating breakdown
Things we liked:
Let you trade with leverage of up to 1:30Things we didn't like:
5%ers Challenge fee is on the higher end of the spectrumThere are other holes in the 5%er offer
the5ers Overview
The 5%ers is a prop trading firm founded by Gil Ben Hur and Snir Chiel. Both former forex day traders, Gil and Snier, experienced first-hand the frustrations that lack of capital bring to experienced traders ready to play the markets. Hence, the 5%ers Funding Program was born: a platform to reward worthy traders with significant capital, with profits shared in a win-win outcome.