Online Capital Update: the minimum deposit is $30
By aqhlok
@aqhlok (69)
China
December 14, 2006 6:17pm CST
I received a letter from Online Captital yesterday.
Please take a moment to read our latest update as we
hope this information will be helpful
(Version: English; charset: UTF-8)
Hello Ray,I want to ask you to elaborate on the specific functions
of your program. You member's are a little complicated.
Sure, no problem. We do understand that, however one
has to find a perfect balance between functionality and
usability. I guess we're still getting there.
On the whole, it's rather intuitive. Once you get
the hang of it - it'll be much easier to use. But
surely, we're open to suggestions and comments.
We have already implemented several features, which were
necessary for our members.
Ok, the first question is: Can I re-deposit my interest
into the account automatically? If so how can this be
done?It works this way. Once you withdraw part of your
earned profit the remaining amount is reinvested and you
begin to earn interest like on a new deposit. This is
done to increase your earnings.
Very convenient, I must say.
Can I withdraw my deposited amount and interest? No. You may withdraw your interest only. The reason for
this is obvious. Once you deposit your funds, our
traders start working with it. Therefore, your money is
already invested in the FOREX market.
Is there a minimum balance that should be in the
account at all times?At present, the minimum balance is $30. However, we
would like you to take notice of the fact, that the
term "minimum deposit" was engaged on November 22, 2006.
Therefore, at the moment, the minimum account balance
is $30.
So the minimum deposit is also $30?Yes, you're quite right.
How do I change the investment type, for example change
the investment from daily to monthly? We're sorry, but these kind of operations are forbidden.
The interest is accumulated on each of your deposits
separately. If you deposited all of your funds in a
daily plan, it won't be possible to later change the
plan to monthly. Please, also keep in mind that your
funds are being transferred to the trading pools, where
they are being invested. Hence the lack of flexibility
of changing account types.
Can I transfer funds to an International Bank, example
a Bank located in Jamaica?Sure. We can transfer your funds to any bank in any
country.
Are there any guarantees on my deposit? Please understand that dealing with financial
operations on the markets involves certain risk.
Therefore we can only guarantee your initial
deposit, not the interest gained. We do use several
risk management strategies, analysis software and most
importantly the experience of our traders.
We're ready for any challenges we might face dealing
with the market.
After making a deposit, how long does it last (how long
do you pay interest on it)? The so called deposit lifetime is 12 months. This period
is enough for your funds to generate profit, and for us
to understand that you are a serious investor and you
would stay with us after that. After 12 months, you can
withdraw your initial deposit.
What is the difference between your "Daily" and
"Monthly" Plan? The only difference is that in a Daily
plan you can withdraw at any time, while in a Monthly
plan only after 30 days. Hence, the "Monthly" Plan
provides us the most flexibility with your funds.
Hence we can generate more profit of it and therefore
the interest rate is higher.
How long have you been in operation?We have launched recently - and once again, we're being
true to people out there. We're not hiding it. Most of
the programs claim that they have been in business ever
since heavens knows when. The official launch date is
November 6, 2006. You can use various site to verify
this information (www.alexa.com, for example).
Who are the principals of the company?Due to a strict company policy, internal information is
available only on personal meetings. We don't want our
competitors abusing this information.
Do you have any track record of performance?Of course, our traders log data on a periodical basis.
If you wish to receive such data, please send a request
to vince.campbell@online-capital.com.
Do you have any references that you can forward to me?We're sorry, but we have an NDA signed with all of our
partners.
Hence, we can't disclose any information to third
parties. You can obtain some information from various
forums.
Please contact us at vince.campbell@online-capital.com
for business references.
Are you endorsed by any of the HYIP Internet watchdog
organizations?Not at the moment. We might be being overly cautious
about such organizations. However, we will consider any
proposal from the
abovementioned organization for our company's status
verification.
Any information you can provide me to do proper due
diligence would be greatly appreciated.
It depends on what kind of information you need. Some
people just ask for copies of registration documents
and they're happy with that. The ones who are familiar
with the FOREX market, request trading logs for
us, so that they could verify on real trades taking
place.
Please send your requests along with your Letter of
Intent to vince.campbell@online-capital.com
How many members do you have so far?At the moment - 22,848 and counting.
How many employees does your company have?Currently, we employ 31 people. Although we're already
discussing the fact, that we need more man-power.
If you think you can be an asset to our organization you
can contact Vince about the position in the company.
Are you planning to open foreign offices in other
countries such as Switzerland or Cyprus?We will open an office in Canada very soon.
Are you planning to get a mutual fund license in
Austria?No, for certain reasons we believe that Denmark is a
better place for this kind of activity.
Are you planning to get a banking license in
Austria? I think I've already answered that question. We are
planning to get all the required licenses in Denmark.
Are you planning to launch a debit card program?Yes, in fact year 2007 is going to bring lots of
positive changes to our company and the program.
I'm sure all of our members won't be disappointed
--
Cordially yours,Online Capital Support
Support: support@online-capital.com
info@online-capital.com
Tel: +43 19280081
Fax: +43 19280079
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