Trader Agreement

Effective Date: May 1, 2026

This Trader Agreement (the "Agreement") sets out the rules that govern your participation in competitions and challenges on the TradeSport LLC platform (the "Service"). It works alongside our Terms of Service and Privacy Policy. If anything in this Agreement conflicts with the Terms of Service, the Terms of Service control on general matters and this Agreement controls on competition and challenge mechanics.

By entering a competition or challenge, you confirm that you have read this Agreement and agree to be bound by it.

1. Agreement to Compete

You agree to compete fairly under the published rules of each competition or challenge you enter. You acknowledge that participation is voluntary, that all trading on the Service is simulated (see Section 2), and that performance-based cash payouts (where applicable) are earned based on skill and performance against published rules.

You release TradeSport from claims for losses or perceived losses arising from your simulated trading performance, except where such release is not permitted by law.

1.1 Challenge Products — Overview

TradeSport offers Challenges, which are pass/fail evaluations rather than ranked competitions. Challenges are open-ended (no fixed start or end date) and pay out based on whether the trader meets the published rules, not on relative ranking against other traders. Two challenge formats are offered:

One-Phase Challenges. Trade directly on a simulated funded account from the moment of purchase. Pass by hitting the published profit target while respecting the published rules. The funded account pays out in exactly five (5) payouts before closing: payouts 1 through 4 each pay the published per-tier payout amount, and the fifth (and final) payout pays up to 50% of the funded account's profit above its starting balance, capped at the published per-tier fifth-payout maximum (which is larger than the regular per-payout amount) before the account closes. The trader receives whichever amount is lower — half of the accumulated profit above the starting balance, or the published per-tier fifth-payout cap. Three tiers — Beginner ($50,000), Intermediate ($100,000), Advanced ($150,000) — published on the /challenges page in the Service with full per-tier specifications. After the trader's first payout, the drawdown floor locks permanently at the starting balance plus $100 (see Section 1.1.1).

Reset-after-payout (one-phase). After each payout on a one-phase challenge, the following requirements reset for the next payout cycle: (a) winning days — the trader must again achieve at least five (5) winning days at or above the tier's published per-day profit threshold ($200+ Beginner / $250+ Intermediate / $300+ Advanced); (b) consistency rule — measured against the new profit target ($2,600 Beginner / $4,500 Intermediate / $6,000 Advanced), no single trading day's net profit may exceed 30% of that target; (c) profit target — the trader must accumulate the additional profit amount for that tier, measured from the post-payout account balance. The five-winning-day requirement is a minimum (not an exact count) — the trader may take more than five winning days to reach the additional profit target. Concrete example: a Beginner trader with a $50,000 starting balance who reaches $53,000 in account balance and takes a $1,500 payout (receiving $1,350 net at the 90/10 split) holds a remaining account balance of $51,500 and must accumulate an additional $2,600 of profit (reaching $54,100) — through at least five new winning days, with no single day above $780 — to qualify for the next payout.

Two-Phase Challenges. Start with an evaluation phase ("Eval" or "Phase 1"). Pass the eval by hitting the published profit target while respecting the published rules. After passing the eval, the trader clicks "Activate" on the dashboard to launch a simulated funded account ("Funded" or "Phase 2") at no additional charge — the entry fee covers the full cost of the funded account at the broker. The funded account pays out in five milestone payouts before closing — see Section 1.3. Three tiers — Beginner ($50,000), Intermediate ($100,000), Advanced ($150,000) — published on the /challenges page in the Service with full per-tier specifications.

Per-tier prices, profit targets, max loss limits, contract caps, payout amounts, and milestone schedules are published on the /challenges page and on each challenge's card in the Service. Those published values control if there is any discrepancy with this Agreement. The terms in this Section 1.1+ describe the framework common across all tiers; per-tier specifics are not duplicated here because the binding source is the live catalog.

1.1.1 Challenge Payouts — Common Rules (All Challenges)

The following rules apply to every payout on every challenge offered on the Service — both one-phase challenges (Section 1.1) and two-phase challenges (Section 1.3) — at every tier (Beginner, Intermediate, Advanced).

Trader payout split (90/10). Each payout amount displayed on a challenge card represents the trader's gross payout (the amount withdrawn from the funded account). TradeSport applies a 90/10 split to every challenge payout: the trader receives 90% of the displayed payout amount as cash; TradeSport retains 10% as platform revenue. The full 100% of the payout amount is deducted from the funded account's balance at the time of the withdrawal. Trader take-home is 90% of the displayed amount, paid to the trader's chosen disbursement channel. This split applies uniformly to all five payouts (one-phase) and all five milestone payouts (two-phase).

Drawdown lock at starting balance + $100. Each funded challenge account is subject to an intraday trailing drawdown until the trader's first payout. After the first payout is taken — and only at that moment, on no other trigger — the drawdown floor locks permanently at the starting balance plus $100 ($50,100 for Beginner, $100,100 for Intermediate, $150,100 for Advanced) and ceases to trail. From that point forward, the locked drawdown floor remains in effect for the remaining payouts (payouts 2 through 5) until the account closes. This is the "lock-at-base" mechanic and is the defining structural feature of TradeSport's funded challenge accounts. No earlier trigger advances the lock — the lock fires exclusively on the first payout.

Fifth-payout formula. The fifth (and final) payout on every funded challenge account pays up to 50% of the funded account's profit above its starting balance, capped at the published fifth-payout maximum for that tier and product. The trader receives whichever amount is lower — half of the accumulated profit above the starting balance, or the published per-tier fifth-payout cap. The 90/10 split in this Section 1.1.1 is then applied to that calculated amount to determine trader take-home. After the fifth payout is taken, the funded account closes (see Section 1.5).

1.2 Challenge Fee Structure (Framework)

Challenge purchases follow this fee structure. Specific dollar amounts vary by tier and are published on each challenge card in the Service.

Item	Applies To	Notes
Entry fee	All challenges (one-phase and two-phase)	Charged at checkout. Grants one simulated trading account (one-phase) or one evaluation account that promotes at no additional charge to a funded account on eval pass (two-phase). Non-refundable.
Reset fee	All challenges	Equal to the entry fee for that tier. A reset purchases a fresh evaluation account (two-phase) or a fresh funded account (one-phase). Resets are unlimited but each requires a new purchase.

TradeSport does not charge activation fees on any challenge product. The entry fee paid at checkout is the only charge required to provision the funded account on a two-phase challenge; promotion from the evaluation phase to the funded phase is free.

Challenges may be discounted via published promotional codes in the Service. Discount levels and frequency are at TradeSport's discretion and may rotate over time.

1.3 Two-Phase Challenge Mechanics — Eval, Funded, and Milestone Payouts

This Section 1.3 describes the framework that applies to all two-phase challenge tiers. Per-tier specific values (profit targets, max loss limits, payout caps, winning-day thresholds) are published on each challenge card in the Service. Where this Section uses placeholder language such as "the published profit target" or "the published max loss," the binding values are those published on the active challenge card at the time of purchase.

Evaluation phase ("Phase 1"). After purchase, the trader receives a simulated evaluation account at the published starting balance for that tier. To pass the evaluation, the trader must:

Hit the published profit target without breaching the published max loss (intraday trailing drawdown).
Trade on at least the published minimum number of trading days.
Respect the consistency rule: no single trading day's net profit may exceed 40% of total net profit accumulated during the evaluation.

There is no time limit on completing the evaluation. The evaluation account remains open until the trader passes, blows the account by exceeding the max loss, or chooses to abandon and purchase a reset.

Activation. A trader who passes the evaluation may launch the funded account at any time by clicking "Activate" on the trader dashboard. Activation is free — the entry fee paid at purchase covers the full cost of provisioning the funded account at the broker. There is no deadline to activate, and a trader may choose to defer activation (for example, while holding another active funded account they want to take a payout on or close out first) until they are ready to begin trading the new account.

Funded phase ("Phase 2"). Once activated, the trader receives a simulated funded account at the published starting balance for that tier. The eval-phase rules carry into the funded phase except as noted below:

The intraday trailing drawdown remains active until the trader takes their first milestone payout. After the first milestone payout is taken, the drawdown floor locks permanently at the starting balance plus $100 ($50,100 / $100,100 / $150,100 by tier) and ceases to trail (see Section 1.1.1). The lock fires exclusively on the first payout; no earlier condition advances the lock. This is the "lock-at-base" mechanic and is the defining structural difference between TradeSport's two-phase product and many competitor products.
The 40% consistency rule applies throughout the funded phase, with the same mechanic as the eval: no single trading day's net profit may exceed 40% of total net profit accumulated within the current scoring window. The consistency-rule scoring window resets to zero at each milestone payout (alongside the winning-day counter and additional-profit progress); after a payout, the trader begins a fresh consistency window for the next milestone.
The trader must trade on at least the published minimum number of funded trading days before requesting any payout.

Milestone payout schedule. The funded account pays out in exactly five (5) milestone payouts before closing. Each milestone has a published cap and a published set of requirements. Milestones must be claimed in order (first, second, third, fourth, fifth), and each milestone requires the following before the trader is eligible to request the payout:

A minimum number of "winning days" — trading days on which the trader's closed P&L met or exceeded the published per-day winning-day threshold for that tier.
A minimum amount of additional profit, measured against the post-payout balance (or, for the first milestone, against the starting balance).

The first payout is the smallest. The second through fourth payouts are equal in size and larger than the first. The fifth and final payout is the largest, calculated under the fifth-payout formula in Section 1.1.1: up to 50% of the funded account's profit above its starting balance, capped at the published fifth-milestone cap for that tier — the trader receives whichever amount is lower. After the fifth payout is taken, the funded account closes. The trader may purchase a new evaluation at any time to start a fresh two-phase challenge.

Reset-after-milestone-payout (two-phase). Each of the five milestones is a fresh evaluation window on the funded account. After each milestone payout (and parallel in shape to the one-phase reset clause in Section 1.1), the following requirements reset for the next milestone cycle: (a) winning days — the trader must again achieve at least five (5) new winning days at or above the tier's published per-day profit threshold ($150+ Beginner / $200+ Intermediate / $250+ Advanced for two-phase funded). Five is the minimum, not a cap — the trader may take more than five winning days to reach the next milestone's profit requirement; (b) consistency rule — the 40% rule applies to that milestone's additional-profit requirement (not lifetime profit, and not the account balance), per the consistency-window reset described in the Funded-phase bullets above; (c) profit requirement — measured from the starting balance for milestone 1, and from the post-payout balance for milestones 2 through 5. The published additional-profit amounts (per the live challenge card) apply equally to every milestone: Beginner $1,500, Intermediate $3,000, Advanced $6,000. Each milestone is evaluated on its own cycle; satisfaction of a prior milestone does not carry forward into the next.

Trader payout split. Each milestone payout displayed on the challenge card represents the trader's gross payout amount (the amount withdrawn from the funded account). TradeSport applies the 90/10 split described in Section 1.1.1 to every two-phase milestone payout: the trader receives 90% of the displayed amount as cash; TradeSport retains 10% as platform revenue. The full 100% of the displayed amount is deducted from the funded account's balance at the time of the withdrawal. Trader take-home is 90% of the displayed amount, paid to the trader's chosen disbursement channel. The split applies uniformly to all five milestone payouts.

Maximum lifetime payout. The lifetime cap per two-phase funded account is the sum of the five published milestone caps for that tier (gross). Trader take-home is up to 90% of that lifetime cap (the actual amount paid in any single payout is governed by §1.1.1). After the fifth payout, no further withdrawals from that funded account are possible — the account is closed.

Partial withdrawals. A trader may withdraw less than the published cap at any milestone. Doing so does not advance the milestone counter — the trader is still considered to have taken that milestone payout, and the next milestone's additional-profit requirement is measured against the post-withdrawal balance. The unused portion of the cap is forfeited and does not roll forward.

1.4 Challenge Reset Policy

A reset on a challenge account purchases a new account; it does not extend, repair, or restore the prior account. The prior account remains in its terminal state (blown, abandoned, etc.) and the new account starts fresh at the published starting balance with all eval-phase rules in force.

The reset price equals the entry price for the tier (see Section 1.2). For two-phase challenges, a reset purchase always begins in the evaluation phase regardless of which phase the prior account was in — there is no mechanism to "reset back to the funded phase." If a trader's funded two-phase account closes (for example, after the fifth milestone payout), the trader may purchase a new entry to start a new evaluation.

1.5 Challenge Account Closure

A challenge account is considered closed when one of the following occurs:

The trader takes the fifth and final payout on a one-phase funded account (per Section 1.1).
The trader takes the fifth and final milestone payout on a two-phase funded account (per Section 1.3).
The trader breaches the max loss limit ("blows" the account).
The trader is disqualified for a violation of this Agreement (see Section 5).
TradeSport closes the account in connection with broker integration changes, regulatory requirements, or other operational reasons (in which case any unearned entry fees attributable to the closed account will be addressed at TradeSport's reasonable discretion, including refunds where appropriate).

A closed challenge account is not restored. The trader may purchase a new entry at any time, subject to the active-account limit in Section 3.

1.6 Trade League v1 — Calendar-Monthly Competitions

In addition to Challenges, TradeSport offers Trade League — a calendar-monthly ranked competition format. Beginning with the January 2027 competition, TradeSport competitions follow a calendar-monthly cadence. Each Trade League competition:

Starts at 12:00 AM ET on the 1st day of the calendar month.
Closes ("tournament close") at 4:00 PM ET on the last Friday of the same calendar month. Final ranked balances and the revenue share lock at that moment.
Has an entry / reset purchase window that opens at 12:00 AM ET on the 1st of the month and closes at 11:59 PM ET on the Wednesday of the final week of the competition (the Wednesday immediately before the closing Friday). No new entries or resets can be purchased on the Thursday or Friday of close week.

Trade League competition entries are not a subscription. Each monthly competition is a separate, one-time entry. There is no recurring billing, no automatic renewal, and no "cancellation" mechanic — a trader who does not want to participate in a future month simply does not re-enter.

1.7 Fee Schedule (Trade League v1)

The following fees apply to Trade League competitions starting with the January 2027 competition. The fees published on each competition's detail page in the Service control if there is any discrepancy.

Item	Price (USD)	Notes
Entry	$75.00	One-time charge per monthly competition entry. Grants one simulated trading account for that month's Trade League.
Reset	$50.00	Restores the simulated account to its starting balance. Available during the entry / reset purchase window. Up to 10 paid resets per entry.
Bundle (Entry + 3 reset vouchers)	$195.00	One-time charge. Includes one entry plus three pre-paid reset vouchers, redeemable any time during the entry / reset purchase window for the same competition. Saves $30 versus buying entry + three resets unbundled ($225).

Bundle vouchers are tied to the entry purchased with the bundle. Unused vouchers expire at entry close (11:59 PM ET on the Wednesday of the final week) and are not refundable, redeemable for cash, or transferable to another competition.

1.8 Trade League Resets

Trade League allows up to 10 paid resets per entry. Resets may be purchased and applied at any time during the entry / reset purchase window (12:00 AM ET on the 1st of the month through 11:59 PM ET on the Wednesday of the final week of the competition). Once that window closes, no further resets are available; if your account is blown out after entry close, the account forfeits revenue share eligibility for that month's competition.

Each reset restores the simulated account balance to its starting balance and clears its open positions. Resets do not extend the competition window or alter the tournament close moment.

1.9 Revenue Share and Distribution

For Trade League competitions:

Funding. The Trade League revenue share is funded by a uniform 90/10 split applied to all Trade League entry and reset revenue, after TradeSport's actual costs. Specifically: from the sum of entry fees and reset fees collected during the competition, TradeSport deducts (i) data fees (TradeSea + CME, per active user), (ii) platform infrastructure costs ($10 per entry and $10 per reset), (iii) any affiliate commissions paid out under the Affiliate Agreement, and (iv) third-party payment-processing fees. 90% of the remainder is allocated to the Trade League revenue share and 10% is retained by TradeSport as net margin. Stated as a formula: Trade League revenue share = 0.9 × (entry fees + reset fees − data fees − platform costs − affiliate commissions − payment-processing fees). The full per-dollar breakdown is published on each competition's View Details page in the Service.
Payout-eligible field. The top finishers of each Trade League competition are the top 10% of paid entries as ranked by final simulated account balance at tournament close (4:00 PM ET on the last Friday of the month).
Top-10% rounding. When 10% of paid entries is not a whole number, the payout-eligible field is rounded up to the nearest whole entry. For example, with 1,005 paid entries, 10% = 100.5, rounded up to 101 payout-eligible traders (which is approximately 10.05% of the field).
Tier curve. TradeSport publishes the per-tier dollar split (or the formula used to compute it) on each competition's detail page in the Service before tournament close. Tier curves scale with expected participation and are designed to reward depth of field as participation grows.
Lock moment. Final rankings, the Trade League revenue share total, and the per-tier dollar amounts lock at tournament close (4:00 PM ET on the last Friday). No further trades, resets, or eligibility changes are processed after that moment.

The exact tier-by-tier dollar split for each competition is published on that competition's View Details page in the Service. Tier curves are designed by TradeSport per competition and scale with expected participation; as participation grows, the lower tiers are smoothed to increase equity for lower-ranking top finishers. Because the Trade League revenue share is funded by actual entry and reset volume during the month, indicative per-rank dollar figures are intentionally not published in this Agreement — the published curve on the competition's View Details page is the binding tier schedule for that month, and final per-tier dollar amounts lock at tournament close per the rule above.

1.10 Trade League Broker Account Closure

All simulated trading accounts associated with a given month's Trade League competition are closed by TradeSport at the end of that competition. Specifically, every Trade League broker-side account is closed before the moment that ends the last calendar day of the month — i.e., before the 12:00 AM ET / 24:00 ET boundary that begins the first day of the next month. This close-out is operationally driven by data and platform fees that TradeSport pays per active simulated account.

You do not retain access to a Trade League trading account after tournament close. Each month is a fresh competition and a fresh simulated account; if you re-enter the next month, you receive a new simulated account for that month's competition.

This closure does not affect:

Payout eligibility for the just-closed competition (see Section 6) — eligibility is determined at tournament close, not at account closure.
The Trader's account on TradeSport (your login, identity, payment, and history records remain).
Any prior, unrelated agreements or balances on the Service.

2. Simulated Trading Acknowledgment and Third-Party Data Providers

2.1 Simulated Funds Only

All accounts on the Service use simulated (virtual) funds in a simulated trading environment. No real capital of yours is at risk in trades placed on the Service beyond the entry fees and reset fees you have paid.

Simulated trading results may not reflect real-world market conditions. You agree not to rely on your simulated trading performance as a basis for real-world investment decisions.

2.2 Third-Party Trading Platforms and Market Data

TradeSport uses third-party simulated trading platforms powered by industry-standard market data providers. Those platforms and data providers are independent third parties. TradeSport does not own, operate, or control them.

You acknowledge that:

Market data, fills, latency, and platform behavior are partly determined by these third parties.
Outages, bad ticks, pricing errors, or platform issues at the third-party level can affect your account.
TradeSport is not responsible for the underlying market data or for the conduct of these third parties, but we will use commercially reasonable efforts to remedy issues fairly when they occur (see Section 8).

2.3 No Direct Claims Against Third-Party Vendors

The third-party vendors referenced in Section 2.2 — including, but not limited to, TradeSea (operated by Tradium Inc.), Rithmic, LLC, the CME Group, and any other infrastructure, data, or service providers used to deliver the Service (collectively, the "Third-Party Vendors") — are not parties to this Agreement, are not your contractual counterparties, and owe you no direct duty under this Agreement or otherwise.

You acknowledge and agree that:

Your sole recourse for any claim, dispute, or grievance arising out of or relating to the Service, the simulated trading platform, market data, order routing, account performance, payouts, or any other aspect of your use of the Service is against TradeSport, not against any Third-Party Vendor.
You waive, to the maximum extent permitted by applicable law, any and all claims, demands, suits, causes of action, and proceedings of any kind that you may now have or may in the future have against any Third-Party Vendor (including their respective affiliates, officers, directors, employees, and agents) arising out of or relating to your use of the Service.
This waiver applies regardless of the legal theory asserted, including contract, tort, statute, or any other basis.
You will not initiate or join any action, arbitration, or other proceeding against a Third-Party Vendor in connection with the Service. If you do, TradeSport reserves the right to disqualify you from any pending or future competitions and challenges and to forfeit any pending payouts on your account.

This Section 2.3 reflects the structure of the technology that powers the Service. TradeSport contracts with the Third-Party Vendors so you don't have to. Your relationship is with TradeSport, and TradeSport stands behind the Service to you within the limits set out in this Agreement and our Terms of Service.

3. Account Limits

You may hold up to five (5) active simulated accounts on the Service at any time. An account is "active" if it is currently in a competition or challenge that has not been completed, failed, or otherwise closed.

You may purchase additional accounts beyond the five-active cap. Those additional accounts wait until a slot opens (when an existing active account hits its final payout, fails, or is closed by you) before becoming active and tradable.

3.1 Household Exception

We recognize that legitimate situations exist where multiple traders share a single residence — couples, roommates, family members. If more than five active accounts are needed across a single household, the household members must request prior written approval from TradeSport before purchasing additional accounts under that address.

Approval requires a video verification call with each named individual to confirm separate identities. Approved households are flagged in our admin systems and receive additional manual review on each payout request (including, but not limited to, hedging-pattern detection across the related accounts). This review is a fair-play safeguard that protects the integrity of the contest for all participants — it is not a presumption of fraud, and approved-household traders receive payouts on the same cadence and terms as any other trader.

To request a household exception, contact mason@trade-sport.com with the names of the household members and a brief description of the relationship. We will respond with verification scheduling within 5 business days.

3.2 Circumvention

Attempts to circumvent the active-account limit — for example, by registering additional accounts under a different name, address, payment method, or device, without going through the household exception process described in Section 3.1 — are grounds for disqualification (see Section 5).

4. Prohibited Conduct

The following activities are prohibited on the Service. They are listed roughly in order of frequency and severity. This list is not exhaustive; we may treat other conduct as a violation if it undermines the integrity of a competition or challenge.

4.1 Hedging

Hedging is prohibited. Hedging means holding opposing positions in the same instrument, or in correlated instruments, in a way designed to offset risk. The prohibition applies to opposing positions held:

Within a single account
Across multiple accounts owned or controlled by the same user
Across accounts owned by household members
Across accounts owned by users acting in coordination with you (see Section 4.4)

Hedging undermines the skill-based design of the Service because it converts a directional trading challenge into a no-risk arbitrage of TradeSport's rules. It is the most common violation we see. Don't do it.

4.2 Multi-Account or Account Stacking

You may not exceed the five-active-account limit (see Section 3), and you may not register multiple accounts in different names, addresses, payment methods, or devices to circumvent that limit, evade prior disqualification, or coordinate trading.

4.3 VPS / VPN Exploitation

A "VPS" is a virtual private server. A "VPN" is a virtual private network. Using either to gain a trading advantage is prohibited. The most common abusive pattern is feed-lag arbitrage: running a delayed market data feed in one window and a real-time feed in another, then placing orders against the lagged feed to capture risk-free moves.

Our enforcement approach (graduated):

We do not automatically deny payouts the moment we see VPN or VPS traffic on an account. Many users legitimately have a VPN running on their home network or use a VPS for stable connectivity. When we detect VPS or VPN traffic associated with an account, we review the underlying activity:

Incidental use (for example, a home VPN that happens to be on, or a VPS used for connectivity but not exploitation): we may issue a warning and ask you to disable or change the configuration. No forfeiture.
Deliberate exploitation (for example, feed-lag arbitrage, latency arbitrage, or coordinated multi-feed schemes): the account is disqualified and payouts and entry fees are forfeited.

This graduated approach is intentional. We do not want to penalize legitimate users for ordinary network configurations, and we will not.

4.4 Copy Trading and Coordinated Trading

You may not use identical or near-identical strategies across accounts owned by different individuals to arbitrage TradeSport's rules. This includes the use of trade-copying software, coordinated manual trading, and "syndicates" that share signals across multiple accounts.

4.5 Trading from a Delayed or Non-Standard Data Feed

You may not place trades based on a market data feed that is delayed relative to, or otherwise different from, the feed used by the Service. This includes deliberately running a slower feed alongside the official feed to spot opportunities (a variant of Section 4.3).

4.6 Account Sharing

Only the registered account holder may trade on the account. You may not share your password, log in for someone else, or allow another person to place trades on your account. Account sharing is grounds for immediate disqualification.

4.7 Fraudulent Registration

You may not register using a false identity, false location, false documents, or another person's payment method without authorization. Falsifying KYC documents (see Section 7) is grounds for permanent ban and may result in legal action.

4.8 Abusive Conduct

You may not harass, threaten, or abuse TradeSport staff, contractors, or other users. Abusive conduct toward our team or any community member is grounds for suspension or ban. See Section 9.1 for the full Community Conduct policy that applies to TradeSport-operated community spaces (Discord, social channels, hosted forums, etc.).

4.9 Exploiting Platform Errors or Vulnerabilities

If you discover a bug, vulnerability, or pricing error on the Service or in the underlying trading platform, you must report it promptly to mason@trade-sport.com. Trading the bug is a violation. Reporting in good faith is not, and we welcome responsible disclosure.

4.10 Automated Trading Without Approval

You may not run automated trading systems, bots, or algorithmic strategies without our prior written approval. Discretionary use of standard platform tools (alerts, brackets, etc.) is fine.

4.11 Multiple Accounts to Circumvent Limits

You may not create new accounts to circumvent suspension, ban, or any limit set by these rules.

5. Disqualification and Forfeiture

If we determine that you have violated this Agreement, we may disqualify you from the affected competition or challenge. Disqualification means:

Forfeiture of all payouts earned or claimed in connection with the disqualified account
Forfeiture of entry fees and reset fees paid for the disqualified account
Possible suspension or permanent ban of your TradeSport account (at our discretion, see Section 10)

Disqualification decisions are at our sole discretion. We will, where possible, share the reason for disqualification so you understand what happened.

6. Payout Eligibility and Claim Process

All payouts on the Service are performance-based, earned by your documented satisfaction of the published performance criteria for the specific product on which the payout was generated (profit targets, milestone requirements, winning-day thresholds, leaderboard ranking, consistency-rule compliance, and any other rule published on the active competition or challenge card at the time you entered). Payouts are not salary, wages, employment compensation, an investment return, or a guaranteed disbursement. All payouts are made at the sole discretion of TradeSport LLC, subject to the eligibility conditions in this Section 6, the rule-violation provisions in Section 6.1, and the rest of this Agreement. Submission of a payout request initiates a discretionary review by TradeSport; the request alone does not entitle you to payment.

To be eligible to receive a payout, you must meet all of the following:

Completed identity verification (KYC) via Sumsub
Signed all required agreements (Terms of Service, this Trader Agreement, and a tax form where required)
Account in good standing (not suspended, banned, or under disqualification review)
Met the minimum performance thresholds published for the specific competition or challenge:
- Trade League competitions: finishing in the top 10% of paid entries by final ranked simulated balance at tournament close (see Section 1.9).
- One-phase challenges: hitting the published profit target while respecting the published rules, including any minimum-winning-day requirement (see Section 1.1).
- Two-phase challenges: for funded-account activation, passing the eval phase per Section 1.3; for each milestone payout, satisfying the milestone's published requirements (winning days plus additional profit) per Section 1.3. Activation itself is free — see Section 1.3.
Claimed the payout within the timeframe published for that competition or challenge (typically 30 days from the date the payout becomes available)

If you do not meet all of these conditions within the published claim window, the payout is forfeited.

Payouts are processed by TradeSport (or its payment partners) and may take up to several business days to settle, depending on payout method.

6.1 Right to Deny a Payout for Rule Violations

TradeSport reserves the right to deny any payout request — in whole or in part — where TradeSport determines, in its reasonable discretion and based on the information available at the time of review, that you violated any rule applicable to the account on which the payout was generated. This denial right includes (without limitation) violations of:

The published rules of the specific competition or challenge on which the payout was generated, including profit-target rules, max-loss / drawdown rules, position-size rules, allowed-symbol rules, trading-hour rules, consistency-rule limits, winning-day requirements, additional-profit-between-payouts requirements, and any other rule published on the active competition or challenge card at the time you entered;
The prohibited-conduct, disqualification, and enforcement provisions of this Agreement (Sections 4, 5, and 10);
Any anti-fraud, anti-manipulation, anti-hedging, multi-account-coordination, or anti-collusion provision in any active rule set or in this Agreement;
The KYC, tax-form, and good-standing requirements set out above in this Section 6 and in Section 7.

A denial under this Section 6.1 is not a refund event and does not entitle you to refund of any fees previously paid.

Determinations under this Section 6.1 are made in TradeSport's sole discretion based on the rules in force at the time of the underlying activity. TradeSport will provide a written explanation of the basis for any denial where reasonably possible. Nothing in this Section 6.1 limits the carve-out in Section 9.1 (Community Conduct), which expressly preserves pending payouts earned at the time of a Section 9.1-only violation.

7. KYC Requirements

Before any payout is paid, you must complete identity verification ("KYC") through our verification partner, Sumsub. KYC typically requires:

Government-issued photo identification
A live photo or selfie for biometric matching
A proof of address (recent utility bill, bank statement, or similar)

You must complete KYC within 30 days of becoming eligible for a payout, or the payout is forfeited.

KYC is a regulatory and anti-fraud requirement. We do not control the timing of Sumsub's verification, but typical turnaround is 24-72 hours.

8. Account Reset Rights

This Section 8 governs TradeSport-initiated resets — resets that we perform, on our own initiative, to remedy a technical issue or to enforce the rules. Trader-initiated paid resets purchased during a Trade League competition are governed by Section 1.8 and the fee schedule in Section 1.7.

We may reset specific accounts, trading days, or platform-wide balances in response to:

Data-provider outages, bad ticks, or pricing errors
System-level errors that affect account balances or trade execution
Detected abuse or rule violations

When a reset happens because of a data-provider or system issue, we restore balances to the last known good state (typically the beginning-of-day balance or the balance immediately before the issue began). We do this so that one user is not unfairly enriched, and another is not unfairly punished, by an external technical problem.

We will not be liable for losses arising from a reset performed in good faith to remedy an external technical issue or abuse. We will communicate the reason for any platform-wide reset.

8.1 No Obligation to Refund or Reset for Third-Party Vendor Issues

The reset rights in Section 8 give us the option to restore accounts when external issues affect them. They do not create an obligation to do so. To be clear, TradeSport is not obligated to provide:

refunds of entry fees, reset fees, or any other amounts paid;
account resets or balance restorations;
P&L adjustments, position re-fills, or simulated trade restorations;
extensions of competition or challenge windows;
compensation for hypothetical profits you believe you would have earned;
or any other remedy or compensation,

in the event of:

Third-Party Vendor data feed outages, delays, or inaccuracies;
Third-Party Vendor order routing failures or delays;
Third-Party Vendor platform outages, maintenance, or unavailability;
CME Group, exchange, or regulatory-driven trading interruptions;
Force Majeure events (including widespread internet or utility outages, cyberattacks, and failures of vendor-managed infrastructure); or
any other event caused or contributed to by a Third-Party Vendor (as defined in Section 2.3).

We may, at our sole and absolute discretion and as a matter of goodwill, elect to provide a remedy in such events. Any such voluntary remedy:

does not create an obligation or precedent for any future event;
does not waive our rights under this Section 8.1; and
is not subject to challenge, appeal, or claim of unequal treatment by any other user.

Entry fees, reset fees, and any other fees paid to TradeSport remain non-refundable in all events covered by this Section.

9. Conduct Standards

In addition to the prohibited conduct in Section 4, you agree to:

Treat TradeSport staff and other users with basic respect
Not impersonate TradeSport staff or other users
Not spam community channels (Discord, in-app chat, support, etc.)
Not attempt to gain unauthorized access to TradeSport systems or other users' accounts

9.1 Community Conduct

TradeSport operates official community spaces (including a Discord server, social channels, and any forums we host or moderate) for traders to share market commentary, discuss strategy, and engage with our team.

Hate speech, threats, harassment, or aggressive language directed at other users or TradeSport staff will not be tolerated under any circumstances. Conduct of this kind includes — but is not limited to — slurs based on race, ethnicity, religion, gender, gender identity, sexual orientation, disability, or national origin; threats or intimidation; sustained harassment; and aggressive language clearly intended to attack rather than engage.

Reported violations of this Section 9.1 are investigated before any consequence is imposed. Possible consequences include permanent removal from all TradeSport community spaces and, in severe or repeated cases, suspension or termination of your TradeSport account.

Carve-out specific to this Section 9.1 (community conduct only). Because community-conduct violations are not direct trading violations, the consequences here are narrower than those that apply to other categories of violation under this Agreement:

Pending payouts already earned at the time of the violation will still be issued. No payout forfeiture applies under this Section 9.1.
If your TradeSport account is terminated as a result of a Section 9.1 violation, any active simulated trading accounts at the time of termination will be refunded in full (entry, reset, and bundle fees attributable to those active accounts).

This carve-out applies only to violations of this Section 9.1. It does not apply to disqualification under Section 5, enforcement under Section 10, or to any other category of violation under this Agreement or the Terms of Service. The standard pending-payout forfeiture rules and the non-refund rules elsewhere in this Agreement and in the Terms of Service continue to apply in full to all violations outside this Section 9.1.

We may, but are not required to, issue a warning before acting on a Section 9.1 violation. Severe or repeated violations may result in immediate termination without prior warning.

10. Enforcement Discretion

We use a graduated approach to enforcement, but we reserve the right to escalate immediately when conduct is severe.

Warning. For minor or first-time violations, we may issue a warning and ask you to correct the conduct.
Suspension (temporary). For moderate violations, repeated minor violations, or violations after a warning, we may suspend the account for a defined period.
Permanent ban. For serious violations, repeated violations, fraud, or violations after a suspension, we may permanently ban the account and forfeit pending payouts.

For severe conduct (including fraud, multi-account schemes, deliberate VPS/VPN exploitation, identity fraud, and threats), we may skip warning and suspension and proceed directly to permanent ban.

Enforcement decisions are at our sole discretion. We will explain our reasoning where reasonably possible, but we are not required to disclose internal investigation methods.

11. Modifications

This Agreement may be updated from time to time. The same retroactivity protection that applies to our Terms of Service also applies here. (See Section 6 of the Terms of Service.)

In short: any modification that adds or tightens user obligations applies only to accounts purchased on or after the effective date of the modification. Active accounts at the time of a modification continue to be governed by the version of this Agreement in effect when they were purchased, until those accounts close or complete. Modifications that loosen restrictions or improve user benefits apply immediately to all accounts.

12. Effective Date

This Agreement is effective May 1, 2026.

13. Acceptance and Electronic Signature

This Agreement is accepted electronically. When you check the "I accept" box during registration, at checkout, or at any other point where the Service prompts you to confirm acceptance of an updated version, your click is your binding signature on this Agreement.

What we record. At the moment of acceptance, TradeSport records: (a) the version of this Agreement that you accepted, (b) the date and time of acceptance, (c) the IP address from which the acceptance was submitted, and (d) the TradeSport user ID associated with the acceptance. Together, these records identify you as the signer and bind you to the version of this Agreement in effect at that time.

Legal effect. Your electronic acceptance has the same legal force as a handwritten signature on a paper copy of this Agreement under the federal Electronic Signatures in Global and National Commerce Act (E-SIGN Act, 15 U.S.C. § 7001 et seq.) and Georgia's Uniform Electronic Transactions Act (O.C.G.A. § 10-12-1 et seq.). You agree to do business with TradeSport electronically and to receive notices, agreements, and records from TradeSport in electronic form.

Paper copy on request. You may request a paper copy of this Agreement, or of your specific acceptance record, by emailing mason@trade-sport.com. We will provide it at no charge within a reasonable time.

Withdrawing consent. You may withdraw your consent to electronic acceptance at any time by closing your TradeSport account. Withdrawal does not undo any acceptance you have already given; it stops further electronic acceptance going forward. Because the Service is delivered exclusively online, withdrawing consent ends your ability to use the Service.

Hardware and software. To accept this Agreement electronically, you need a device with internet access, a current web browser, and an email account that can receive messages from TradeSport. If your browser cannot display this Agreement in full, contact us at the email above and we will provide an alternative format.