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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.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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