Dear valued clients,
Please be advised that we have received numerous inquiry from clients in regards to the newly established broker – Fintech, which the company is in relations with Odin Management. This announcement is to announce that Odin Management has no business corporation with Fintech and therefore Odin Management will not be responsible for any matters in regards to Fintech.
If you have any queries or request, please do not hesitate to contact us, we are most happy to assist.
Odin Management Customer Support Team
The size of the leverage in our company ranges up to 1:1000 *. Due to this condition Odin Forex margin requirements are some of the most versatile to date.
At Odin Forex the value of the maximum possible leverage depends on the type of order execution that is relevant for the given trading account. In Forex Micro and Forex Standard trading accounts, orders are executed using Instant execution technology. Market execution technology, which ensures direct access to interbank liquidity, is used in Forex ECN accounts.
In 2012, Odin Forex made significant changes to the conditions of how it provides financial leverage for Forex Micro accounts. If the amount of client funds in such an account does not exceed 100 USD (or its equivalent in another currency), then this account is eligible for a maximum financial leverage of 1:1000. If the amount of funds in the Forex Micro account is in the 100 USD to 1,000 USD range (or its equivalent in another currency), the maximum amount of financial leverage available to clients will be 1:500. Such a significant reduction in margin requirements allows traders to effectively implement a wide range of trading strategies.
Margin requirements increase when the funds available in a client's account increase. This is due to the increasing costs of hedging open orders. Consequently, the size of the provided leverage changes.
The company establishes the following maximum value of financial leverage depending on the amount of funds in the account:
|50,000$ <||1：50 or Negotiable|
|Leverage will automatically be adjusted up or down as the client's account equity changes.|
Please note: Leverage will automatically be adjusted up or down as the client's account equity changes.
Please note: Any change in the value of the financial leverage may take some time and require repeated authorization in the terminal or its reboot to refresh the parameters displayed therein, depending on the value of the leverage.
* A maximum value of leverage of 1:1000 is only available for Forex Micro accounts.