Score

1.58 /10
Danger

ORIGIN ECN

Australia

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index7.57

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

ORIGIN MARKETS LTD

Company Abbreviation

ORIGIN ECN

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
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ORIGIN ECN · Company summary

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.

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