Find out the major disadvantages of OspreyFX Proprietary Trading Firms and alternatives with lower fees and more security. Unbiased OspreyFX Alternatives reviews.
So which Proprietary Trading Firms are better than OspreyFX? Want to jump straight to the answer? FunderPro is the best alternative prop firm to OspreyFX for April 2024 .

Rating breakdown

Challenge Assessment
60%
3.0/5
Support
70%
3.5/5
Trading Fees
60%
3.0/5
Payout Scheme
60%
3.0/5

Things we didn't like:

 Relatively new player in the funded account offering
 An 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

Rating breakdown

Challenge Assessment
90%
4.5/5
Support
100%
5.0/5
Trading Fees
100%
5.0/5
Payout Scheme
90%
4.5/5

Things we liked:

 Exclusive Discount Code (20% Off Exclusive Offer)
 Minimal rules & unlimited time for completion
 Two-part assessment leading to $200,000 in funding
 Scaling plan & fast-track funding opt

Things we didn't like:

 A Relatively New player in the funded account offering

#1
FunderPro Overview

Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.

4.1 / 5

Rating breakdown

Challenge Assessment
90%
4.5/5
Support
70%
3.5/5
Trading Fees
70%
3.5/5
Payout Scheme
100%
5.0/5

Things we liked:

 FTMO charges a one-time fee only
 FTMO has generous conditions for its traders

Things we didn't like:

 Complaints about the platform freezing
 Complaints about lack of customer support

#2
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.

3.9 / 5

Rating breakdown

Challenge Assessment
70%
3.5/5
Support
70%
3.5/5
Trading Fees
90%
4.5/5
Payout Scheme
80%
4.0/5

Things we liked:

 Let you trade with leverage of up to 1:30

Things we didn't like:

 5%ers Challenge fee is on the higher end of the spectrum
 There are other holes in the 5%er offer

#3
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.

OspreyFX Alternatives Frequently Asked Questions (FAQs):

Are there any sites like OspreyFX?
Yes, there are many sites offering similar services to OspreyFX. These include FunderPro, SabioTrade, Topstep and many more. If you are looking for an alternative to OspreyFX,  FunderPro is currently rank as the number one on the list of top Forex Prop Firms.
Who are OspreyFX Top Competitors?
OspreyFX 's top competitors in April 2024 are: FunderPro, FTMO, the5ers and more. FunderPro is currently rank as the number one on the list of top Forex Prop Firms.

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