Orbit Trading Credit Terms of Service

1. Description of the Service

Orbit Trading Credit is a trading benefit service provided by Orbit to eligible Clients. After opening a Trading Credit account, the Client may transfer its own funds into that account, and Orbit shall allocate trading credit to the Client at a set ratio in accordance with the platform rules.

Trading credit may be used solely as trading margin or trading benefit support for products designated by Orbit. It does not constitute assets genuinely owned by the Client and may not be withdrawn, transferred out or exchanged, nor used in any business scenario the platform has not opened.

Before applying for, opening or using the Trading Credit service, the Client shall read and fully understand these Terms of Service. Once the Client clicks to confirm, ticks to agree, opens a Trading Credit account or actually uses the Trading Credit service, the Client shall be deemed to have read, understood and agreed to be bound by these Terms.

2. Eligibility Requirements

To apply to open a Trading Credit account, the Client shall satisfy the requirements set by the Orbit platform, including but not limited to the following:

  1. the Client has completed the identity verification required by the platform;
  2. the Client’s account is in good standing and is not frozen or subject to trading restrictions, withdrawal restrictions or any other abnormal status;
  3. the assets held in the Client’s account meet the minimum asset requirement set by the platform;
  4. the country or region in which the Client is located supports the relevant Orbit trading services;
  5. the Client has not been identified by the platform’s risk control system as an abnormal, high-risk or non-compliant account;
  6. the Client agrees to and complies with these Terms of Service and the relevant rules of the Orbit platform.

Orbit reserves the right to adjust the requirements for opening a Trading Credit account in light of its business strategy, risk control, regulatory requirements or system rules, and to reject applications from Clients who do not meet those requirements.

3. Rules for the Allocation of Trading Credit

After the Client transfers its own funds into the Trading Credit account, Orbit shall allocate trading credit at the ratio then configured by the platform. The applicable allocation ratio, the minimum transfer amount, the trading credit cap per Client and the scope of eligible products shall be as displayed on the relevant page or announced by the platform.

Example: where the allocation ratio in force is 1:1 and the Client transfers 100 USDT into the Trading Credit account, the platform shall allocate 100 USDT of trading credit, and the total net value of the account shall be displayed as 200 USDT in accordance with the rules.

Once allocated, trading credit serves solely to increase the available margin or the account equity of the Client’s Trading Credit account and does not represent any grant by Orbit to the Client of assets that may be withdrawn.

4. Scope of Use

Trading credit may be used solely for the trading products designated by Orbit. Unless expressly permitted by the platform, trading credit shall not be used for the following purposes:

  1. withdrawal;
  2. transfer out to another account;
  3. exchange into other assets;
  4. assignment to another Client;
  5. trading in products that are not designated;
  6. arbitrage, cashing out, volume farming, wash trading or any other non-compliant conduct.

Where the Client makes non-compliant use of trading credit, Orbit reserves the right to restrict the Client’s further use of the service and to take measures in accordance with the platform rules, including reclaiming the trading credit, freezing the account, cancelling gains and restricting trading.

5. Rules on Profit and Loss

Where the Client trades through a Trading Credit account, the profit and loss arising from such trading shall be included in the overall net value of the credit account.

Where trading generates a profit, that profit shall belong to the Client after deduction of the trading credit to be reclaimed by the platform, the applicable fees and any other amounts payable. The amount that may actually be transferred out or withdrawn shall be as calculated by the platform’s system.

Where trading generates a loss, the loss shall affect the net value of the credit account. If the loss in the account reaches the risk control conditions set by the platform, Orbit reserves the right to take measures in accordance with the platform rules, including issuing risk reminders, restricting the opening of positions, reclaiming trading credit, carrying out forced liquidation and freezing the Trading Credit account.

6. Rules for Reclaiming Trading Credit

Upon the occurrence of any of the following events, Orbit reserves the right to reclaim all or part of the trading credit held in the Client’s Trading Credit account:

  1. the Client’s account triggers the platform’s risk control rules;
  2. the loss in the Trading Credit account reaches the threshold set by the platform;
  3. the Client engages in non-compliant trading, arbitrage, cashing out, volume farming, wash trading or other abnormal conduct;
  4. the Client’s account is determined to be an abnormal or high-risk account;
  5. the Client applies to close the Trading Credit account;
  6. the platform rules, business policies or regulatory requirements are adjusted;
  7. any other reasonable circumstance in which Orbit considers it necessary to reclaim the trading credit.

After trading credit has been reclaimed, the platform shall adjust the asset display, available margin, position status and related transaction records of the Client’s Trading Credit account accordingly, in line with the actual circumstances.

7. Forced Liquidation and Risk Control

The Client understands and agrees that, while the Trading Credit service may increase the available margin in the account, it may equally amplify trading risk.

Where the net value, margin ratio, loss ratio or any other risk control indicator of the Trading Credit account reaches a risk threshold set by Orbit, Orbit shall be entitled, without obtaining any further confirmation from the Client, to take measures including but not limited to the following:

  1. issuing a risk reminder;
  2. restricting the Client from opening further positions;
  3. reclaiming all or part of the trading credit;
  4. carrying out forced liquidation of the positions held in the Trading Credit account;
  5. freezing or closing the Trading Credit account;
  6. taking any other risk control measure the platform considers necessary.

Owing to market volatility, insufficient liquidity, network latency, system processing time, price gapping and similar causes, the outcome of a forced liquidation may differ from the Client’s expectations, and any loss so arising shall be borne by the Client.

8. Undertakings of the Client

When using the Trading Credit service, the Client undertakes to:

  1. provide true, accurate and complete account information;
  2. refrain from using trading credit for any unlawful, non-compliant or abnormal trading conduct;
  3. refrain from circumventing the platform rules by means of multiple accounts, related accounts, false identities or similar methods;
  4. refrain from obtaining improper benefits by means of arbitrage, cashing out, volume farming, manipulation of trading or similar methods;
  5. assess trading risks for itself and bear the results of its trading independently;
  6. comply with all relevant rules, announcements and risk warnings published by the Orbit platform.

Where the Client breaches any of the undertakings set out above, Orbit reserves the right to withdraw the Client’s eligibility to use trading credit and reserves the right to pursue any related liability.

9. Adjustment and Termination of the Service

Orbit reserves the right to adjust, suspend or terminate the Trading Credit service in light of business developments, market conditions, risk control, regulatory requirements or system maintenance needs, including but not limited to:

  1. adjusting the eligibility requirements;
  2. adjusting the allocation ratio;
  3. adjusting the scope of eligible products;
  4. adjusting the risk control thresholds;
  5. suspending use by some or all Clients;
  6. terminating the Trading Credit service.

Where the rules of the service are materially adjusted, Orbit shall notify Clients by way of page notices, in-platform messages, announcements or other reasonable means. A Client who continues to use the Trading Credit service shall be deemed to have agreed to the adjusted rules.

10. Disclaimer

The Trading Credit service does not constitute investment advice, a guarantee of returns, a promise of principal protection or any undertaking to cover risk. The Client should participate in trading prudently and in accordance with its own risk tolerance.

To the extent permitted by law, Orbit shall not be liable for any loss suffered by the Client as a result of the following:

  1. loss caused by the Client’s own trading decisions;
  2. loss caused by severe fluctuations in market prices;
  3. loss caused by the Client’s failure to monitor the risk status of the account in good time;
  4. trading credit being reclaimed or the account being restricted as a result of the Client’s breach of the platform rules;
  5. network failure, system maintenance, malfunction of third-party services and other causes not attributable to the platform;
  6. laws and regulations, regulatory policy, force majeure or any other circumstance beyond the platform’s reasonable control.
11. Interpretation and Application of these Terms

These Terms of Service form part of the Orbit platform user agreement, trading rules, risk disclosures and other related rules. In the event of any inconsistency between these Terms and any other rules, the rules dedicated to the Trading Credit service shall prevail.

Orbit reserves the right, to the extent permitted by law, to interpret, amend and update these Terms of Service. The Client should keep track of the relevant pages, announcements and notices of the platform. A Client who continues to use the Trading Credit service shall be deemed to have accepted the updated Terms.

12. Risk Warning

Trading involves risk, and the use of trading credit may amplify fluctuations in the profit and loss of the account. Trading credit does not constitute assets genuinely owned by the Client, may not be withdrawn or transferred out, and does not represent any guarantee by the platform as to the Client’s trading results.

Before opening and using the Trading Credit service, the Client should fully understand the relevant rules and risks and decide prudently in light of its own circumstances.