Terms & Conditions

Terms And Conditions


ODCAPITAL.com, is pleased to provide you, the client, with the information, content, tools, products and services on ODCAPITAL.com. These Terms of Use also include important disclosures and information related to certain products and services. Your use of ODCAPITAL.com is subject to these Terms of Use.


These Terms of Use are a binding agreement between you, the client, and OD CAPITAL LIMITED (also referred to as the Company) . Your access to and use ODCAPITAL.com constitutes your acceptance of these Terms of Use and any other legal notices and statements contained on ODCAPITAL.com. ODCAPITAL.com may modify these Terms of Use at any time and without prior notice. Your continued access to and use of ODCAPITAL.com constitutes your acceptance of these Terms of Use as modified.


This Agreement is effective upon acceptance and upon the registration for newly registered Clients. If you do not agree to be bound by the terms and conditions of this Agreement, then do not use or access our services, and inform us in writing immediately.


All trading account is subjected to OD MARKETS LIMITED’S terms and conditions.

Before using our instruments or services on your website, please ensure that the product service does not violate the regulations and laws in your resident country. Our service is available only to persons where this service is legal in the person’s resident country.


All information, contents available in ODCAPITAL.com is for informational purposes only. The provided on ODCAPITAL.com is for personal, non- commercial use. The information and/or any opinion contained in ODCAPITAL.com does not constitutes a solicitation or offer by ODCAPITAL or its affiliates to buy or sell any securities or securities derivatives products of any kind or any investment advice or service. The information on ODCAPITAL.com is not intended to be used as the primary basis of investment decisions. ODCAPITAL.com does not provide specific investment advice to any individual viewing the content of the site and does not represent that the securities or services described herein are suitable for any specific investor. Investors are advised not to rely on any information contained in ODCAPITAL.com in the process of making a fully informed investment decision. Please note that investment involves risk, and that past performance does not guarantee future results.


The information provided on ODCAPITAL.com is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject ODCAPITAL or its affiliates to any registration requirement within such jurisdiction or country. Anyone reading this material should be aware that any rules and/or regulations applicable to the provision of financial services (and the resultant investor protection benefits that may be available), may not be applicable to interfacing conducted through the internet medium and its various applications, of which this material forms.


The information on ODCAPITAL.com is provided on a "as is" basis. ODCAPITAL does not guarantee the accuracy, completeness or timeliness of such information and such information is subject to change, either expressly or impliedly, for any particular purpose. ODCAPITAL expressly disclaims any warranties of merchantability or fitness for a particular purpose. ODCAPITAL will not be responsible for any loss or damage that could result from interception by third parties of any information made available to you via ODCAPITAL.com.


OD PREMIUM PACKAGE 1:


1. Commission Rebate (if any) will be distributed up to 300% inclusive of net principal amount, commencing from joining date and it shall cease on the date when the relevant company is successfully listed.


2. The bonus percentage (if any) of the month will be announced by the 7th of every calendar month. The percentage granted shall be at the sole discretion of ODCAPITAL.


3. The actual amount of commission rebate to client will be calculated based on the net equity in the client MT4 account. ODCAPITAL will not be responsible for the trading loses which may affect the commission rebate.


4. ODCAPITAL will treat the amount of the package subscribed by the client as Credit Facility in their MT4 accounts (the value equivalent to the purchased CPS [Convertible Preference Share]) for the client to trade in the capital market. The credit facility will be withdrawn by 50% when clients’ trading profit has reached 100% and fully withdrawn when the trading profit has reached 300%


5. ODCAPITAL offers trading rebate of USD10 per standard lot size up to 200% of the value package purchased without any time limit.


6. By default all accounts will be traded under the group managed by PAMM trading account. Manual Trading is permissable only with the consent and approval by OD Capital and subject to the compliance of the terms below:


6.1 The deposited funds for group managed PAMM trading account shall be rounded to the nearest USD 1,000(one thousand) dollars


6.2 Funds shall be transferred to group managed PAMM trading account on the 1st of the following calendar month.


6.3 Top Up value made within 15th-31st of the calendar month shall not affect the following month commission rebate.


Please note that commission rebate of the following month shall be calculate based on the MT4 trading account’s Net Equity or MT4 Credit Balance whichever is lower before any Top Up amount (if any) has been made.


7. Credit Facility Bonus entitlement during promotional period will be excluded from monthly commission rebate Calculation.


8. Credit Facility Bonus entitlement is to strengthen and increase trading equity only. Upon loss from trading, MT4 Balance or Net Credit Facility shall be deducted before the deduction of Credit Facility Bonus.


9. Monthly Profit generate from PAMM trading performance will be distributed / shared in the following ratio - 70 % to Client : 30% to OD Capital


10. Upon 95% loss of Net Equity in PAMM trading account, ODCAPITAL shall compensate and recover 50% of capital as Credit Facility to client.


11. Bullion Exchange Terms and Conditions:


11.1 Gold prices shall be determined by the authorised gold dealer in Ringgit Malaysia or local currency and then shall be converted to the latest published exchange rate to purchase the ODCAPITAL credit lots (1 lot = USD500). After the price conversion, the client has the option to top up to the nearest lot difference. For example, after price conversion, the gold price is USD890, the client has an option to top up USD110 to purchase 2 credit lots.


11.2 If after the price conversion, the client chooses not to top up the difference, then OD Capital will not pay the client the extra value. For example, after the price conversion, the gold price is USD1,100 and the client chooses not to top up USD400, the client shall only be entitled to 2 lots and shall not be entitled to any reimbusement of the difference ie USD100.


11.3 The contractual term (duration) for this package is 6 months from the date of purchase. The client is entitled to redeem (buy back) their Gold at the same price within the 7 days from the date of the expiry of the contract. In the event the client fails to redeem the Gold during the stipulated period, this contract will be automatically extended for another 6 months. In the event the client fails to redeem the Gold after the expiry of 12 months, the Gold will be considered as part of their investment and the client shall not entitled to redeem the Gold.


11.4 The Gold that client redeems will be the same class as 999.9 pure gold but not necessary the original Gold that is received by the OD Capital from the client.


12. Withdrawal Terms and Condition. (Applicable for OD Premium 1 and 2)


For a successful withdrawal, all information provided during the initial registration and information given on the client profile must be true and accurate. The company will verify the client’s ID, Name, Bank Account Details and Email Address. The information given must be similar to the information provided by the client during the initial registration. The Company will only approve a withdrawal request after the client’s details have been successfully verified. Clients with multiple IDs under the same name can request for withdrawal only from one ID at one time per batch. The Company has the rights and discretion to reject any withdrawal request in the event the company is unable to verify the identity of the client and the funds will be returned to client’s cash wallet.


OD Capital would like to bring to your attention that we do not encourage clients to operate on multiple IDs under the same name as this action violates the company’s policies and the same will affect the allocation of company shares in the future.


13. Others


Clients are strictly prohibited from using OD Capital’s logo and name on their website, presentation file, leaflets and any forms of promotional materials in connection with our offering of our goods, services including to OD Premium 1 and 2 packages. We reserve our rights to take all necessary actions including legal action in relation to such infringements and violation of our rights and we will forthwith terminate or close the offending client’s account.


OD Capital shall put up statements and announcements from time to time at ODCAPITAL.com. All announcements and statements made at ODCAPITAL.com are official statements. All Clients are strongly advised to regularly update themselves with our announcements and statements from ODCAPITAL.com.


OD Capital reserves their rights to modify these Terms of Use at any time and without prior notice.


10% MT4 CREDIT FACILITY: 


1. Clients are entitled to withdraw profits generated from the trading account. 


2. Withdrawal of 100% profits shall be subject to a deduction of 50% from the MT4 Credit Facility and withdrawal of 200% profits shall be subject to a deduction of 100% from the MT4 Credit Facility


Example


Client has credit facility of USD300 in the 10% MT4 Credit Facility Account. There is a profit of USD300 (100% ) and the Client is allowed to withdraw the profit to the Cash Wallet. ODCAPITAL shall deduct 50% of the MT4 Credit Facility. The new MT4 Credit Facility balance will now be USD150. 


Clients are only entitled up to 300% bonus (Based on deposit) for both manual trading and fund managed account.  ODCAPITAL.com or any of its affiliate companies will at any time solicit funds, assets, or property for its own investment purposes, receive or control funds, assets, or property for its own investment purposes, or employ, procure, or engage any compensated person to solicit, receive or control funds, assets or property for its own investment purposes. All the trading accounts are from individuals, partnerships, corporation who voluntarily and willingly seek ODCAPITAL.com to manage on their behalves.


For OD PREMIUM 1 package, clients are NOT permitted to withdraw the funds deposited, whether under Company Managed trade or Manual Trading, before the expiry of 6 months from the date of the deposit. In the event the Client exercises his/her option to close the trading account after the expiry of 6 months, the client is only entitled to receive up to a maximum of 50% of the Client’s net capital. [Initial capital X 50% - (Commission rebate + 5% ODCAPITAL management fee)]. After closing the trading account, all CPS issued shall be forfeited forthwith.


For Manual Trading account, the Client’s CPS will be forfeited if the client has lost all the credit facilities. The client may secure the CPS by topping up the losses amount using cash.The Client’s trading account will be automatically closed after capital withdrawal. In order for the client to be entitled to a monthly commission rebate, the client is required to perform a minimum of one trading transaction per month.


The value of an investment and any income generated from the client’s investment will be affected by how the fund’s portfolio is invested, market and any currency movements and by other political, social and economic developments, as well as by fee levels and taxes and other specific matters relating to the assets in which the fund invests. If the website contains statements or information which relate to projections, plans or objectives or future economic performance you should be aware that these projections are only predictions and that actual events or results may differ materially. Past performance should not be taken as a guide to the future and there is no guarantee that an investment in a fund will make a profit; a loss may be made. Any opinions stated are honestly held but are not guaranteed and should not be relied upon. You are responsible for ensuring that any investment is suitable for your purposes.


OD Premier 2


This package offers a fixed monthly commission rebate to our clients. ODCAPITAL reserves the rights to alter and change the offer from time to time without notice to clients for new incentives. The package that was purchased by the client shall remain unchanged should there be a revision or change to the package or incentives. The client will received their commission rebate 30 days after the activation of the package purchased. The commission rebate will be paid to the client’s Cash Wallet in the following manner, 70% of the commission rebate will be paid into cash wallet and the remainder 30% to the Company MT4 trading account. (Trading report which reflects profits or lossess will be shown to client every 3 months, if the trade is making a profit, OD Capital will debit into the client’s cash wallet within 7 working days).This package does not come with a CPS offer, however the Client is given an option to purchase the CPS at special price when the relevant Company is listed at the stock exchange. The CPS offerred is calculated in relation to the client’s volume of investment.


The Client will receive commission rebate for an indefinate period of time. OD Capital has the sole discretion to determine the time frame for the commission rebate pay out. Upon its expiry, the package shall automatically expire and the 30% MT4 trading account shall be automatically terminated.


It is a strict condition that clients are NOT permitted to withdraw the funds deposited before the expiry of 3 months from the date of the deposit. In the event the Client exercises his/her option to close the trading account after the expiry of 3 months, the client is only entitled to receive up to a maximum of 50% of the Client’s net capital. [Initial capital X 50% - (Commission rebate + 5% ODCAPITAL management fee)].


Managed Account Authorization and Risk Disclosure


All Clients who designate an Authorized Trading Agent, defined as any person other than Clients, who is given the ability to control, manage or direct trading decisions in the Account (as defined below), must read and agree to the following document by signing and dating before Authorization will be granted by OD MARKETS LIMITED (OD MARKETS).


The Client(s) authorizes:


I/we designate Trading Agent OD CAPITAL.com as Agent and attorney-in-fact for the purpose of buying and selling margined foreign currency lots for the undersigned Client's Account (the "Account"), and at the Client's sole risk through OD MARKETS. The Client hereby indemnifies and holds harmless OD MARKETS for losses, indebtedness, and all other liabilities that arise directly or indirectly therefore.


The Client acknowledges and understands that OD CAPITAL may provide the Trading Agent with monetary compensation for purchases and sales done on behalf of the Client's Account on a per trade basis. As such, Client acknowledges that such purchases and sales by the Agent may create a conflict of interest, as the Agent may have a financial incentive to trade, including on behalf of the Client’s Account. Client accepts this conflict by OD CAPITAL and Trading Agent and waives all objections to such an arrangement.


Client acknowledges, assents and understands that the above authorized Trading Agent will have access and will be given copies of any statements, notices and correspondence relating to Client's Account and that the Trading Agent is hereby given authorization to acknowledge and approve the correctness of any such statements and other documentation on behalf of the Client. OD MARKETS strongly suggests that the Client should scrutinize all activity and Account information and should contact OD MARKETS immediately with any questions. OD MARKETS will endeavour to provide the Client with online access to all Account information including, but not limited to, the Cash on Account, Unrealized Profit and Loss on Open Positions, Account Value, as well as a record of all prior trade details including but not limited to Realized Profit and Loss, the Date of the Transaction, Amount and Deal Price.


Client acknowledges and understands that trading in margined foreign exchange is very risky and may result in losses that equal to or exceed the amount of margin deposited with OD MARKETS. Client should only trade or give authorization to trade on Client's behalf, Risk Capital, which is defined as that capital which if lost would not alter the lifestyle of Client, Client's family and/or the solvency of the corporation for which Client or Client's Authorized Trading Agent trades.


Client acknowledges that neither OD MARKETS nor any Trading Agent can guarantee profits or avoid the risk of loss or, under some circumstances, even limit the extent of the potential loss under. Client is solely and exclusively responsible for understanding the trading objectives and risks of the Trading Agent and acknowledges and agrees that OD MARKETS is not responsible for any transactions that may or may not conform to those objectives. By granting Trading Authority, Client understands that OD MARKETS does not endorse nor vouch for any Trading Agent's objectives or to any representations that the Trading Agent may claim or make to the Client.


Client acknowledges and understands that Trading Agent Authorization will cease only upon written revocation by the Client or by the Trading Agent who is given the Authorization. Revocation for whatever reason shall not effect or limit the obligations and liability resulting from transactions or Contracts that were initiated before the effective date of revocation.


Client acknowledges that the Client has read and understands the OD MARKETS Risk Disclosure Document and agrees to all of its terms.


By agreeing this Limited Power of Attorney, the Client acknowledges that Client has carefully read, understand and agree to the Limited Power of Attorney, Managed Account Authorization document and provisions contained therein.


Compensation Acknowledgement


NOTICE: the purpose of this section is for you, the client, to advise OD MARKETS LIMITED as to the compensation you have agreed to pay your designated Trading Agent and/or your Introducing Broker. Please be advised that OD MARKETS LIMITED is not responsible for calculating incentive fees or management fees and will assume the calculations provided to it by the Trading Agent or Introducing Broker to be correct. Please also note that if your IB has requested OD MARKETS LIMITED to mark up the spread (widen the spread on the prices) being streamed to you, that OD MARKETS LIMITED does not participate in the additional pip(s) being added to the pricing and that the mark-up will not be reflected on your trading statement as a separate line item. Further, please be advised that if your Introducing Broker or designated Trading Agent is charging a commission and managing your account under a limited power of attorney that there is an inherent conflict of interest in that arrangement.


I hereby agree to, authorize and acknowledge that the following fee(s) will be charged to my account and paid to the introducing broker or the authorized trading agent as set forth below: USD 30 Dollars per standard lot round turn traded for commission. 40% of the Net Equity gain* calculated and paid on a monthly basis.


All Net Equity losses will be carried forward indefinitely until offset by Net Equity gains for the consecutive month/s.


* Net Equity gain/losses will always be NET of trading and other commissions taking into account all realized and unrealized gains and losses.


I hereby agree that the Net Equity gain/loss shall be calculated by my designated Trading Agent or Introducing Broker and that I have authorized him/her to trade my account under a limited power of attorney


The monthly Net Equity gain/loss shall be calculated as follows: The Equity in my account, at 5 p.m. EST (USA) on the last business day of the month, will be adjusted by taking into account the deposits and withdrawals during the month and the Equity at the beginning of the month (being equal to the Equity in my account, at 5 p.m. EST (USA) on the last business day of the previous month) will be subtracted from it. The result will be the monthly Net Equity gain/loss, which has to be decreased by sum of all previous Net Equity Losses, if any. (Any additional commission/s, fees, charges {if any} should also be subtracted from the Net Equity gain/loss.)


To avoid any misunderstanding, the Equity in my account, at 5 p.m. EST (USA) on the last business day of the month will be calculated by adjusting my current cash on deposit with the value of the unrealized P&L of my open positions. The unrealized P&L of my open positions will be calculated based on the market price for each particular currency pair (in which there is an open position) taken in the interval between 4.30 and 5 p.m. (3.30 and 4 p.m. if it is Friday). This market price should be within the daily high and low for each particular currency pair.


The above calculation guidelines are to be observed by my Trading Agent while calculating the monthly Net Equity gain/loss. It is the sole responsibility of my Trading Agent to calculate the monthly Net Equity gain/loss and/or management fee accurately and in good faith, with the intent to preserve my interest, and also to present his/her calculations to me and to OD MARKETS LTD by the 5th of every month for the previous month.


I hereby specifically acknowledge and agree that there is an inherent conflict of interest in paying my Trading Agent as per Copyright©2006 - 2013 ODCAPITAL.com. All rights reserved. Page 4 of 5 trade commission. The more trades made in my account the more commission I will pay regardless of the profit or loss on those trades.


I also understand and agree that OD CAPITAL LIMITED does not calculate the monthly Net Equity gain/loss or management fee nor will OD MARKETS LIMITED be obliged to check or verify in any way the monthly Net Equity gain/loss or management fee figures presented by my Trading Agent. I hereby indemnify and hold OD MARKETS LIMITED harmless against any and all losses, costs and expenses incurred in my account and/or errors made in calculating the monthly Net Equity gain/loss.


NAME OF DESIGNATED TRADING AGENT or INTRODUCING BROKER: ODCAPITAL.com


Except as provided below, neither ODCAPITAL.com, our affiliates, holding company, shareholders nor any of our associated companies, agents, licensors or delegates or our or their directors, officers or employees will have any liability to you whatsoever (whether in contract, tort, including but not limited to negligence), breach of statutory duty, restitution or otherwise, for any direct, indirect or consequential loss (all three of which terms include, without limitation, pure economic loss, loss of profits, loss of data, loss of business, depletion of goodwill and like loss). Neither ODCAPITAL.com nor any of its affiliates, directors, officers or employees, nor any third party vendor will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or interruption of ODCAPITAL.com, or resulting from the act or omission of any other party involved in making ODCAPITAL.com or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the site or these materials, whether or not the circumstances giving rise to such cause may have been within the control of ODCAPITAL or of any vendor providing software or services support. In no event will ODCAPITAL, its affiliates or any such parties be liable to you for any direct, special, indirect, consequential, incidental damages or any other damages of any kind even if ODCAPITAL or any other party have been advised of the possibility thereof.


We reserve the right to amend any changes of the content from time to time by posting the new version on the website. It is your responsibility to check regularly this page for the latest changes and updates.


ODCAPITAL.com is committed to combating financial crime and the prevention of Money Laundering. Accordingly ODCAPITAL.com may need to verify your identity and carry out appropriate security checks.


NOTICE: The purpose of this document is for you, the client, to acknowledge and understand that the OD PREMIUM Promotion granted is exclusively to clients introduced by the Trading Agent or Introducing Broker, OD CAPITAL Limited (hereafter referred as “Introducing Broker”) on the following terms and conditions.


I the undersigned client, hereby acknowledge, agree and understood that I have selected the OD PREMIUM and is granted on the terms and conditions set by the Introducing Broker. OD PREMIUM promotions are granted in accordance to Introducing Broker’s marketing promotions approved by the Introducing Broker from time to time. The value OD PREMIUM’S promotion is solely proposed and granted by the Introducing Broker.


OD MARKETS LIMITED (hereafter referred as “OD MARKETS”) solely acts as the trading platform provider and does not participate in this Credit Bonus promotion and merely credits the Credit Bonuses to my trading account upon receiving instructions from the Introducing Broker, OD Capital shall also process instructions from the Introducing Broker on Credit Bonuses transfer between accounts and Credit Bonus redemptions. I understand that to redeem the credit bonuses, my trading account shall need to perform the required 200 (Two Hundred) rounds turn lots closed trades for investment amount of USD 1,000. A pro-rata basis shall be applied for every subsequent amount of USD1, 000.In case, I wish to make full withdrawal or cancellation of my trading account after the first 6 calendar months from the date of my MT4 trading account activation, I shall entitled to withdraw only up to 50%(Fifty Per cent) of the current equity in my trading account.


I indemnify and hold OD CAPITAL Limited harmless against any and all losses, costs and expenses incurred in my trading account and/or errors made in Credit Bonuses. I shall always clarify and confirm the terms and conditions with the Introducing Broker from time to time.