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ORIGIN ECN Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-01-10 17:47

Abstract:ORIGIN ECN was founded in Australia in 2004 as a financial trading service company. ORIGIN ECN is a brand name of ORIGIN MARKETS LTD which holding a license issued by the ASIC (License No. 246943). However, the mentioned license is now marked as suspicious clone, please be aware of the risk!

  General Information &Regulation

  ORIGIN ECN was founded in Australia in 2004 as a financial trading service company. ORIGIN ECN is a brand name of ORIGIN MARKETS LTD which holding a license issued by the ASIC (License No. 246943). However, the mentioned license is now marked as suspicious clone, please be aware of the risk!

  Official Website Unavailable

  As of now, the website of ORIGIN ECN is not available. We can only get a rough idea of the information of the broker from some trader review portals.

  Market Instruments

  ORIGIN ECN provides numerous major instruments of financial markets including Forex, commodities, indices, precious metals, energy and cryptocurrencies.

  Accounts

  ORIGIN ECN provided three account types for investors: Standard, VIP and ECN accounts, which are scaled by the minimum deposit requirement ranging from $200 to $1,000.

  Leverage

  ORIGIN ECN allows its traders to use a maximum leverage ratio of up to 1:400. Leverage amplifies potential profits, but it also immensely boosts risks.

  Spreads

  With ORIGIN ECN, there are variable spreads that differ depending on trade plus what account the trader has with the broker. In specific, Standard Account charges typical floating spread ranged 2.2-2.8 pips; VIP account offers more competitive spread of 1.2-1.8 pips; and ECN Account is a pure ECN model option with interbank spreads from 0.0 pips.

  Trading Platform

  ORIGIN ECN offered its clients access to the world's financial markets via the MetaTrader 4 (MT4) platform. The platform is available in different versions that are suited to use in any device, PC, Mobile or through the Application.

  Deposit & Withdrawal

  ORIGIN ECN only has one method that can be used for deposits and withdrawals and that is by Bank Wire Transfer. There are no charges when depositing with ORIGIN ECN, but there are charges for withdrawal fees if withdrawals are below $200 which will then incur charges of $20, but other financial institutions costs could also apply. The currency used for deposits is USD/ AUD/ EUR.

  Customer support

  The customer support team of ORIGIN ECN can be reached via telephone, live chat and email and they are available 24 hours per day, five days per week. Users can contact ORIGIN ECN via info_asia@originecn.cn, as well as the hotline: +886255996123.

  Recent Updates

  As of the recent check and updates, ORIGIN ECN and its registered company Origin Markets Ltd no longer operate clients or held trading services. Its website address is also unavailable, meaning there is no intention of further service or possibility to renew operations. However, ASIC license remains active, while the company recently has changed its name and its details to ZANK CAPITAL LTD, which may develop further trading services company to continue providing trading solutions.

Related broker

Unverified
ORIGIN ECN
Company name:ORIGIN MARKETS LTD
Score
1.61
Website:http://originecn.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | Suspicious Overrun
Score
1.61

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