Sponsored Challenge Program Conditions

These Sponsored Challenge Program Conditions (the “Program Terms”) govern the HyroTrader Sponsored Challenge Program (the “Program”). “HyroTrader” is a brand under which the Service is provided by HYRO TECHNOLOGIES FZ-LLC (“HyroTrader”, the “Provider”, “we”, “our”, or “us”), a Free Zone Limited Liability Company incorporated in the Ras Al Khaimah Economic Zone (RAKEZ), United Arab Emirates, with company number FDBC5283, commercial licence number 47034334, and registered address Compass Building, Al Shohada Road, Al Hamra Industrial Zone – FZ, Ras Al Khaimah, United Arab Emirates. The Provider is your sole contracting party in respect of the Program and is solely responsible to you for it. Hyro Finance, j. s. a. acts only as the Provider’s EEA Commercial Agent for card and other fiat payments, as described in §P.3 of the Terms and Conditions; it is not a party to these Program Terms and owes you no obligation in respect of the Program.

These Program Terms supplement the HyroTrader Terms and Conditions (the “Terms and Conditions”), the Privacy Policy and the Trading Rules, and are to be read together with them. Capitalised terms used but not defined here have the meaning given to them in the Terms and Conditions. These Program Terms continue to apply to every participant whose sponsored challenge has been issued, whether or not the Program is open to new applications at the time. By applying for or participating in the Program you acknowledge that you have read, understood and agreed to these Program Terms.

The HyroTrader Sponsored Challenge Program allows qualified traders to apply for a fully sponsored HyroTrader evaluation account without placing a Refundable Challenge Deposit. Because no Deposit is placed for a sponsored challenge, nothing falls to be returned to you or retained by the Provider under §8 of the Terms and Conditions, and the Deposit-return milestone in §8.3(a) of the Terms and Conditions does not apply to it.

Sponsored challenge accounts are provided solely at HyroTrader’s discretion and are intended to identify skilled, disciplined traders based on merit. The Program is not a giveaway, contest, lottery, sweepstakes, or game of chance.

To be eligible for the Program, applicants must:

• Be at least 18 years of age.
• Have the legal capacity to enter into binding agreements.
• Not be resident in, or accessing the Program from, a Restricted Jurisdiction as listed in §12 of the Terms and Conditions.
• Submit complete, truthful, and accurate application information.
• Demonstrate genuine trading experience.
• Agree to these Program Terms.
• Successfully complete KYC/AML verification if selected.

HyroTrader reserves the right to determine eligibility at its sole discretion.

Applicants may submit one or more forms of trading evidence, including but not limited to:

• Exchange trading history
• Exchange account statements
• Read-only exchange API access
• Trading journal exports
• Screenshots of trading dashboards
• Prop firm dashboards or certificates
• Verified public track records
• Other documentation requested by HyroTrader

Applicants are encouraged to provide at least three (3) months of verifiable trading activity, although exceptions may be made at HyroTrader’s discretion. Providing falsified, manipulated, misleading, or incomplete information may result in immediate rejection or permanent exclusion from the Program.

Applications are individually reviewed by the HyroTrader team.

Selection is based on multiple factors, including:

• Trading experience
• Consistency of results
• Risk management
• Quality of submitted trading proof
• Authenticity and verifiability of submitted information
• Trading strategy and approach
• Overall quality of the application

Past prop firm experience may improve an application but is not required. Selection is based solely on merit.

HyroTrader intends to sponsor up to 100 evaluation challenge accounts per monthly application cycle, subject to available capacity.

HyroTrader may:

• increase or decrease the number of available sponsored accounts;
• close applications early;
• extend an application cycle;
• postpone reviews; or
• discontinue the Program entirely.

Submitting an application does not guarantee selection.

Applications exceeding available capacity may be:

• waitlisted,
• deferred to a future review cycle,
• or declined.

HyroTrader aims to review complete applications within approximately 7 business days, although review times are not guaranteed.

Incomplete applications or requests for additional documentation may extend the review period.

If selected, applicants must:

• complete KYC/AML verification within the requested timeframe, through the verification provider identified in §11.3 of the Terms and Conditions;
• comply with the HyroTrader Terms and Conditions;
• comply with the Trading Rules published on the Platform;
• comply with any additional onboarding requirements communicated by HyroTrader.

Failure to complete onboarding within the required timeframe may result in forfeiture of the sponsored challenge.

Upon successful verification, the sponsored evaluation account will be activated.

Sponsored challenge accounts are subject to the same Trading Rules as standard HyroTrader evaluation accounts unless otherwise stated. A sponsored challenge is issued under one of the evaluation programmes offered on the Platform — Zero-Step, One-Step or Two-Step — and the parameters that apply to it are those published in the Trading Rules for that programme at the time the sponsored challenge is issued, including the profit target, the daily loss limit, the maximum loss limit and the minimum number of trading days. All loss limits are static: each is calculated from the initial balance of the account and does not trail your equity or your profit.

Breaching the daily loss limit, the maximum loss limit or the minimum trading days requirement will result in termination of the sponsored challenge in accordance with the Trading Rules and §10 of the Terms and Conditions.

Where a sponsored challenge satisfies the objectives of the evaluation programme under which it was issued, and the participant is offered and enters into the Funded Trader Agreement, the participant holds the funded account on the same terms as any other funded trader. The Funded Trader Agreement governs that phase in full, and the profit split is eighty per cent (80%) of net simulated profit to the participant and twenty per cent (20%) to the Funded Trader Entity.

One exception applies to a sponsored funded account: it is limited to one payout. The participant may make one Reward Request under the Funded Trader Agreement and, when the Reward for that request is paid, the sponsored funded account is closed and no further Reward Request may be made on it. That limit applies in place of the Funded Trader Agreement, which otherwise places no maximum on the number of Reward Requests. It does not affect the Reward itself, which is calculated and paid in accordance with clauses 11.1 to 11.2C and Schedule 3 of that agreement, including the limit of 5% of the initial account balance on the net simulated profit taken into account in any one Reward Request.

Closure of a sponsored funded account under this §8 ends the Funded Trader Agreement in respect of that account. It records no failure against the participant, and the participant may enter a standard HyroTrader challenge at any time afterwards.

Applicants who are not selected may:

• submit a new application during a future monthly cycle;
• provide updated trading history or improved trading proof;
• purchase a standard HyroTrader challenge at any time.

Generally, only one application per applicant per monthly cycle is permitted.

HyroTrader may reject duplicate or abusive submissions.

Sponsored challenge accounts:

• are provided solely for participation in the HyroTrader evaluation program;
• are non-transferable;
• cannot be exchanged for cash;
• cannot be sold, assigned, or redeemed.

It is not a price, a fee, or purchase consideration, it is not payable to you or on your behalf, and no amount is credited to you in respect of it. This §10 concerns the sponsored challenge account itself. It does not affect a Reward payable to you under the Funded Trader Agreement if you reach the funded phase, which is governed by §8 above and by that agreement.

HyroTrader may reject, suspend, terminate, or permanently ban any applicant or participant who:

• submits fraudulent or altered documents;
• misrepresents trading history;
• uses another person’s trading records;
• attempts to manipulate the application process;
• creates multiple accounts to increase selection chances;
• violates HyroTrader policies;
• engages in abusive or dishonest conduct.

HyroTrader may request additional verification at any stage of the application process.

Applicants may receive communications regarding:

• application status;
• future sponsored challenge cycles;
• promotional offers;
• discounts;
• educational content; or
• HyroTrader products and services,

subject to applicable privacy laws and communication preferences.

HyroTrader reserves the right, at any time and without prior notice, to:

• modify these Program Terms;
• change eligibility requirements;
• change evaluation criteria;
• adjust the number of sponsored accounts;
• suspend the Program;
• terminate the Program;
• reject any application for any lawful reason.

Such decisions are final, subject to §15 below and to the complaints and dispute-resolution provisions of the Terms and Conditions.

HyroTrader shall not be liable for:

• unsuccessful applications;
• technical issues during submission;
• delayed reviews;
• lost documentation;
• failure to be selected;
• suspension or cancellation of the Program.

Participation in the Program is entirely voluntary.

These Program Terms supplement, and do not replace:

• HyroTrader Terms and Conditions
• HyroTrader Privacy Policy
• Trading Rules published on the Platform

the HyroTrader Terms and Conditions shall prevail

These Program Terms and any non-contractual obligations arising out of or in connection with them are governed by the laws of the Emirate of Ras Al Khaimah and the applicable federal laws of the United Arab Emirates, without regard to conflict-of-laws principles.

Subject to §23 of the Terms and Conditions (US-user carve-out) and to §25 of the Terms and Conditions (dispute resolution), the parties submit to the jurisdiction of the competent courts of the Emirate of Ras Al Khaimah, United Arab Emirates. A dispute arising out of or in connection with the Program is dealt with under the three-tier process in §25 of the Terms and Conditions, and a complaint may be submitted at any time by email to [email protected] under §24.2 of the Terms and Conditions.

If you are a consumer, this choice of law does not deprive you of the protection afforded to you by the provisions of the law of your country of habitual residence that cannot be derogated from by agreement. Nothing in these Program Terms, including §13 and §14, excludes or limits any liability or any right of yours that cannot lawfully be excluded or limited, and where such a right conflicts with these Program Terms that right prevails to the extent of the conflict.

Questions regarding the Sponsored Challenge Program may be directed to: Email: [email protected]

Provider (contracting party) — HYRO TECHNOLOGIES FZ-LLC, Company No. FDBC5283, Licence No. 47034334, Compass Building, Al Shohada Road, Al Hamra Industrial Zone – FZ, Ras Al Khaimah, United Arab Emirates.