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The Origin ECN minimum deposit amount to open a real trading account is 200 (Two Hundred) US Dollars. The Minimum Deposit for 1st-time traders might vary based on the trading account type selected. Deposit activation can be up to 72 hours*
Finding a reputable list about Origin ECN minimum deposit local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.
Below is an in-depth Minimum Deposit Review regarding this regulated Forex company, which will assist traders to make an informed decision, when it comes to funding your trading account.
Origin ECN has a minimum deposit requirement of $200.
This minimum deposit amount is equivalent to 3015.71 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.
Origin ECN is a broker that is authorized and regulated by strict regulatory entities such as ASIC, and as a regulated broker, one of the requirements is that client funds be kept in segregated accounts.
In complying with this, amidst several other strict rules and regulations, all client funds are required to be kept separate from the broker account, therefore, these funds can only be utilized by the trader when conducting trading activities.
Deposit fees and deposit methods
The minimum deposit requirements for opening an Origin ECN live account is extremely competitive when compared to the industry standards and other brokers.
However, Origin ECN has a limited amount of payment methods when it comes to making deposits, as traders are only able to transfer funds through Bank Wire Transfers.
Deposit currencies that are accepted include:
When making use of Credit or Debit Cards, traders must ensure that they have verified whether their financial institution waives its own fees as there may be additional fees payable. These fees will often depend on the payment method used as well as the amount which is deposited into the trading account.
Step by step guide to depositing the minimum amount
After having registered a live trading account and it has subsequently been approved, traders will be able to deposit the minimum amount required.
To accomplish this, traders can follow these steps:
- Log into their personal area, client portal or trading platform using their account credentials.
- Select the option for deposits from their account.
- Select the amount, currency, and deposit method.
- Follow the instructions to make a deposit into their trading account.
Before registering for a live trading account, traders need to verify all fees that they may be subjected to.
It is essential that traders ensure that they have selected the correct deposit currency before they make a deposit. Funds are required to be transferred in the same currency as the trading account which they are sending it to. Should this not be done, traders may be subjected to currency conversion fees.
Pros and Cons
|✔️ PROS||❌ CONS|
|Competitive trades||No US clients|
|Variety of accounts|
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What is the minimum deposit for Origin ECN?
The minimum deposit for Origin ECN is $200.
How do I make a deposit and withdrawal with Origin ECN?
Bank wire transfer.
Does Origin ECN charge withdrawal fees?
Origin ECN charges withdrawal fees if withdrawals are below $200 which will then incur charges of $20, but other financial institutions’ costs could also apply.
How long does it take to make a withdrawal?
The period when making withdrawals will be dependent on the method of payment that was used; therefore, the period may be anywhere from 30 minutes up to a few working days.