TERMS AND CONDITIONS

The Thunder Trader – Performance Arena

Last updated: 20 May 2026

These Terms and Conditions (hereinafter, the “Terms”) govern access to and use of the The Thunder Trader platform (hereinafter, the “Platform”) and the Performance Arena programmes provided through it. The Platform is operated by LN17 ShapeFuture Limited, a company incorporated under the laws of Hong Kong with registered office at Flat D, 20/F, Eton Building, 288 Des Voeux Road Central, Sheung Wan, Hong Kong (hereinafter, “The Thunder Trader” or the “Operator”).

By creating an account, accessing the Platform or participating in a Performance Arena Event, the user (hereinafter, the “Participant”) declares that they have read, understood and fully accepted these Terms, agreeing to be bound by them. If the Participant does not agree with even a single clause, they must refrain from using the Platform.

1. Definitions

For the purposes of these Terms, the following definitions apply:

• Platform: the website thethundertrader.com, the reserved user area and the related services provided by The Thunder Trader.
• Performance Arena: a structured trading skill evaluation programme, ranking-based and conducted entirely in a simulated (demo) trading environment.
• Event: a single Performance Arena cycle with a predefined ruleset, duration and tier.
• Tier: the access level chosen by the Participant (Fighter, Gladiator, Titan, Legend), with its dedicated access fee, demo capital and maximum exposure.
• Platform Credits: prepaid digital units used exclusively to access Events. They do not constitute money, monetary deposits, financial instruments, electronic money or custodial accounts.
• Available Balance: single balance in the user area that collects both the Platform Credits purchased by the Participant (usable to access Events and refundable within the limits of clause 9) and the amounts credited as verified Performance Reward (withdrawable or usable to access new Events). The Thunder Trader internally tracks the origin of each amount in order to apply the relevant rules. The Available Balance is not a monetary wallet or a custodial account.
• Fee Credits: bonus credits arising from promotions or marketing initiatives, usable solely to reduce the access fee of an Event. They are not withdrawable, transferable or convertible into money.
• Fee Credits Balance: the balance of Fee Credits held by the Participant.
• Event Allocation: the total Event budget allocated to the distribution of Performance Rewards, equal to 80% of the access fees actually collected for that Event.
• Reward Allocation: the individual share of the Event Allocation calculated, based on the Participant’s final ranking position, according to the mathematical model described in clause 11.
• Performance Reward: discretionary economic recognition granted by The Thunder Trader to Participants who reach the highest positions in the final ranking of an Event, subject to the conditions set out in these Terms. The Performance Reward does not constitute remuneration, professional compensation, financial return, prize-contest payout or any sum attributable to gambling, betting or lottery. Once the verifications under clause 14 have been successfully completed, the corresponding amount is credited to the Participant’s Available Balance.
• P&L: net Profit and Loss generated by the Participant in the demo environment during the Event, calculated according to the criteria published before the Event starts.

2. Acceptance of the Terms and Amendments

2.1. Creating an account and/or participating in any Event constitutes full and unconditional acceptance of these Terms, the Privacy Policy and any specific Event ruleset published on the Platform.

2.2. The Thunder Trader reserves the right to amend these Terms at any time, by publishing the updated version on the Platform and, where appropriate, by email notice.

2.3. Amendments take effect on the date shown as “Last updated”. Continued use of the Platform after that date constitutes acceptance of the amendments. Should the Participant disagree with the amendments, the Participant must cease using the Platform and may request the closure of the account.

2.4. Amendments to these Terms do not apply to Events already started at the moment they enter into force: such Events shall continue to be governed by the conditions in force at the time of registration.

3. Nature of the Service

3.1. The Thunder Trader provides a trading skill evaluation service based exclusively on the Participant’s skill and on the results achieved in a simulated environment.

3.2. The Platform does NOT provide and does NOT constitute in any manner:

• investment services or portfolio management;
• financial intermediation, brokerage or order execution on real markets;
• financial, tax, legal or investment advice;
• access to real trading capital, funded accounts or third-party capital;
• payment services, money deposits, electronic money issuance or custodial accounts;
• gambling, betting, lottery, prize-contest or any other form of gambling activity.

3.3. All operational activity within the Performance Arena takes place exclusively in a simulated (demo) trading environment. No operation is executed on real financial markets. No third-party capital is employed. No risk of capital loss is borne by the Participant in connection with the trading activity.

3.4. The Thunder Trader is not a prop firm, does not offer funded accounts or real capital allocations, and does not promise in any way the achievement of returns, profits or revenues.

4. Eligibility Requirements

4.1. To create an account and participate in Events, the Participant must:

• have reached the age of majority under the law of their jurisdiction of residence and, in any case, be at least 18 years old;
• have full legal capacity and capacity to act;
• not reside or be located in territories subject to restrictions under clause 6;
• not be listed in international sanctions lists (EU, UN, OFAC, UK HM Treasury);
• provide truthful, accurate, complete and up-to-date registration information.

4.2. The Thunder Trader reserves the right to refuse registration, suspend or close accounts that do not meet the eligibility requirements, even after registration, where false, misleading or incomplete declarations are found.

5. Account and Registration

5.1. Each Participant may hold only one platform account, registered in their own name and linked to their verified identity. The creation or management of multiple platform accounts is expressly prohibited and constitutes grounds for disqualification and immediate closure of all linked accounts, with consequent forfeiture of balances and of any Performance Reward not yet disbursed.

5.2. Through the same platform account, the Participant may enter an unlimited number of Performance Arena Events in parallel, including across different tiers. Each entry corresponds to a distinct Event demo account, autonomous in terms of demo capital, operational limits, ranking and Performance Reward calculation. It is expressly prohibited to hold more than one Event demo account within the same Event.

5.3. The account is strictly personal, non-assignable and non-transferable. The Participant is solely responsible for the safekeeping of their access credentials and for any activity carried out from their account.

5.4. In case of suspected unauthorized use of the account, the Participant must promptly notify The Thunder Trader. The Thunder Trader is not liable for any damage arising from failure or delay in providing such notice.

5.5. The Thunder Trader may request, at any time, suitable documentation to verify the identity, residence and ownership of the Participant’s payment method (see clause 14).

5.6. The Participant is required to keep their personal and contact information up to date. Communications sent by The Thunder Trader to the most recent known email address are deemed validly received.

6. Territorial Restrictions

6.1. The Platform is not intended for users residing, domiciled or present in jurisdictions where the offer or use of the service is prohibited, subject to licensing or restricted by applicable law.

6.2. Unless otherwise indicated on the Platform, the service is not available to residents or citizens of:

• Iran, North Korea, Cuba, Syria, the Crimea region, the Donetsk and Luhansk regions;
• residents, domiciliaries or citizens of Hong Kong (HKSAR), in light of specific local regulations on contests, skill and consumer protection;
• any other jurisdiction subject to relevant international sanctions (EU, UN, OFAC, UK);
• the following States of the United States of America: Hawaii (HI), Nevada (NV) and Washington (WA), in light of specific local regulations on contests, skill and consumer protection.

6.3. The Participant declares and warrants that they do not fall within the categories listed in clause 6.2 above and undertakes to promptly notify The Thunder Trader of any change.

6.4. The Thunder Trader may update the list of excluded jurisdictions at any time, including for compliance or regulatory reasons. For Events already started before the update, Participants already registered shall continue to be governed by the conditions in force at the time of registration, subject to mandatory legal obligations.

7. Platform Credits and Balances

7.1. The Participant’s user area features two distinct balances: Available Balance and Fee Credits Balance, each with its own nature, purpose and rules of use. The Thunder Trader internally tracks the origin of the amounts present on the Available Balance (purchased Platform Credits or verified Performance Reward) for the purposes of applying the refund, withdrawal and use rules.

7.2. Platform Credits are prepaid digital units. The purchase of Platform Credits constitutes the acquisition of a digital good and not a deposit of money with The Thunder Trader. Platform Credits do not bear interest, are not transferable between users and cannot be converted into money outside of the mechanisms set out in these Terms.

7.3. When a Participant accesses an Event, the system automatically debits first the available Fee Credits — up to a maximum of 50% of the Event fee — and the remaining portion from the Available Balance.

Example: Event fee $500 — Fee Credits available $100 → $50 debited from the Fee Credits Balance, $450 debited from the Available Balance.

7.4. The Thunder Trader does not operate monetary wallets or custodial accounts. The balances shown in the user area represent only internal records of digital credits or of amounts accrued as Performance Reward.

8. Welcome Bonus and Promotions

8.1. Upon the first deposit, each new Participant receives a bonus equal to 50% of the deposited amount, credited entirely as Fee Credits.

8.2. The Welcome Bonus is subject to the following conditions:

• it applies exclusively to the first deposit;
• the Fee Credits arising from the bonus may be used for a maximum of 5 Performance Arena Events;
• once the limit of 5 Events is reached, the remaining Fee Credits arising from the bonus are automatically cancelled;
• the 5-Event limit applies to ensure fairness among Participants, regardless of the deposited amount;
• Fee Credits are not withdrawable, transferable or convertible into money.

8.3. The Thunder Trader may launch additional promotions or marketing initiatives, the specific terms of which will be published on the Platform. In case of conflict, the conditions of the individual promotion prevail with regard to its subject matter.

8.4. Any fraudulent or abusive use of bonuses and promotions is prohibited, including — by way of example — bonus hunting, the use of multiple accounts, the use of unauthorized third-party payment methods. Violation results in the cancellation of Fee Credits, disqualification and account closure.

9. Refund Policy

9.1. The right of refund applies exclusively to Platform Credits purchased by the Participant and not used. The Participant may request the refund of purchased and unused Platform Credits within 14 days from the date of purchase, provided they have not been used to access an Event or any other Platform service. Amounts credited to the Available Balance as verified Performance Reward are not refundable and are governed by the disbursement rules set out in clause 13.

9.2. After the 14-day period, or in case of even partial use of the Platform Credits, no refund is due.

9.3. Fee Credits — including those arising from the Welcome Bonus and any other promotion — are in no case refundable.

9.4. Refund requests are submitted through the official Platform support channel. The refund, if due, is processed using the same payment method employed for the purchase, unless otherwise agreed.

9.5. Any transaction costs applied by the payment provider or by financial intermediaries are borne by the Participant.

9.6. In case of a chargeback initiated by the Participant without prior contact with customer service, The Thunder Trader reserves the right to immediately suspend the account, to offset the disputed amounts against any existing balances and to take any protective action.

10. Performance Arena – Operational Rules

10.1. Available tiers and operational limits:

Tier	Fee	Demo Capital	Forex (lots max)	Crypto (notional max)
Fighter	$150	$100,000	2	$50,000
Gladiator	$250	$100,000	5	$100,000
Titan	$500	$250,000	10	$250,000
Legend	$1,000	$300,000	20	$500,000

10.2. General operational rules:

• any lawful trading strategy is permitted (scalping, swing, news trading, EA/bot);
• no daily or total drawdown limits apply: the operational limit coincides with the full demo capital of the tier;
• it is prohibited to manipulate prices, exploit bugs or vulnerabilities of the Platform or of the data feed, execute abusive latency arbitrage operations, use off-market quotes or carry out similar practices;
• trades must be executed exclusively on the instruments made available within the Event;
• the final ranking is based on net P&L (profits minus losses), calculated according to the criteria published before the Event starts;
• the demo account must be used exclusively by the holder of the registration, on a personal and non-delegable basis.

10.3. Minimum operational requirements:

• weekly Events: minimum 3 operational sessions and 6 closed trades;
• daily Events: minimum 1 operational session and 4 closed trades.

Failure to meet the minimum requirements results in exclusion from the final ranking, regardless of P&L.

10.4. Event capacity:

• minimum number of Participants per Event: 10;
• maximum number of Participants per Event: 500.

10.5. Should the minimum of 10 Participants not be reached, the Event is automatically cancelled. Access fees are fully restored by credit to the Available Balance, without any action required from the Participant.

10.6. The Performance Reward structure, the ranking calculation criteria and the operational rules of the Event are set before its start and cannot be modified while the Event is in progress.

11. Ranking Calculation and Reward Allocation

11.1. The final ranking is determined exclusively by the net P&L generated by the Participant in the demo environment during the Event, in compliance with the minimum operational requirements set out in clause 10.

11.2. Tiebreaker: in case of P&L tie between two or more Participants, the Participant who first reached, in chronological order, the contested performance result prevails.

11.3. Distribution of Performance Rewards based on the number of Participants:

Participants	Positions receiving Reward	Number of Rewards
10 – 19	Top 3	3 positions
20 – 49	30% of Participants	variable
50+	35% of Participants	variable

11.4. The total budget allocated to the distribution of Performance Rewards (Event Allocation) is equal to 80% of the access fees actually collected for the Event. The remaining 20% is retained by The Thunder Trader as a platform service fee.

11.5. Calculation of individual Reward Allocation:

• weightᵢ = 1 / (i^1.15), where i is the ranking position;
• weights are normalized over the total sum to return the percentage of Event Allocation assigned to each position;
• individual amounts are always rounded down (floor).

11.6. The complete distribution structure, including numerical examples for scenarios from 10 to 500 Participants, is published and available on the Platform. The structure applicable to an Event is the one in force at the time of the Event’s start.

12. Performance Reward

12.1. For the purposes of these Terms, Performance Reward means the discretionary economic recognition granted by The Thunder Trader to Participants who reach the highest positions in the final ranking of an Event, according to the modalities and criteria defined by these Terms and by the ruleset of the specific Event.

12.2. The Performance Reward does NOT constitute and CANNOT be qualified as:

• remuneration, professional compensation or consideration for work performance;
• financial return, interest, dividend or fruit of an investment;
• prize-contest payout, gambling winning, betting winning, lottery winning or prize-competition winning under applicable law;
• proceeds attributable to operations executed on real financial markets.

12.3. Eligibility for the Performance Reward is subject to full compliance with the Event ruleset and these Terms, as well as the successful outcome of the verifications under clause 14.

12.4. The Thunder Trader reserves the right to withhold, reduce, postpone or cancel the Performance Reward in case of violations of the ruleset, of these Terms, trading anomalies, suspected fraud, abuse, collusion or any other improper conduct.

12.5. Participation in Events does not in any way guarantee the receipt of a Performance Reward.

13. Performance Reward – Disbursement Methods

13.1. Once the Participant’s eligibility for the Performance Reward has been verified and the verifications under clause 14 have been completed, the corresponding amount is credited to the Participant’s Available Balance. The Thunder Trader internally records the origin of the amount as verified Performance Reward, for the purposes of applying the disbursement rules set out in the following paragraphs.

13.2. Amounts arising from verified Performance Reward credited to the Available Balance may, at the Participant’s choice, be:

• withdrawn via the external payment method selected by the Participant among those made available by the Platform; or
• retained on the Available Balance and used as Platform Credits to access new Performance Arena Events.

13.3. Disbursement is, as a rule, executed within 72 hours of the completion of verifications, subject to the timeframes of payment circuits and any financial intermediaries involved.

13.4. Any commissions applied by payment providers or financial intermediaries are borne by the Participant and may be deducted from the disbursed amount. The Thunder Trader publishes on the Platform the cost conditions applicable to each payment method.

13.5. The Participant is solely responsible for the accuracy of the payment data provided. The Thunder Trader is not liable for errors, delays or failed disbursements arising from inaccurate or incomplete information.

13.6. The Participant is solely responsible for fulfilling any tax, contribution or reporting obligation connected with the Performance Reward in their jurisdiction of residence. The Thunder Trader does not act as a withholding agent and does not provide tax advice.

14. Verification, KYC and Compliance

14.1. The Thunder Trader, also for purposes of fraud and abuse prevention and anti-money-laundering (AML), may request the Participant to provide:

• a valid identity document;
• proof of residence (e.g. utility bill, bank statement);
• proof of ownership of the payment method used;
• any further documentation reasonably necessary to verify the Participant’s identity and the legitimacy of the operations carried out.

14.2. The disbursement of the Performance Reward may be subject to the successful completion of the verifications. Timeframes and modalities are communicated to the Participant in writing.

14.3. Failure to submit the requested documentation within a reasonable deadline indicated by The Thunder Trader, or submission of false or altered documentation, results in the suspension of disbursement, possible account closure and the adoption of any protective measure.

14.4. The Thunder Trader may report suspicious transactions to the competent authorities under applicable AML law, without obligation of prior notice to the Participant.

15. Prohibited Conduct and Disqualification

15.1. The Participant is expressly prohibited from:

• creating or managing multiple platform accounts, also through intermediaries;
• colluding with other Participants, including through operational coordination, copy or mirror trading between demo accounts of different Participants (with or without mutual consent), splitting of demo capital or sharing of the Performance Reward;
• using third-party copy-trading services, paid signals or mirror-trading platforms external to the Platform to automatically replicate operations on their own demo account;
• exploiting bugs, pricing errors, latency, malfunctions of the data feed or of any Platform component;
• executing operations at incorrect quotes (off-market) or unrelated to real market conditions;
• using tools, software, scripts or technologies aimed at altering the operation of the Platform or obtaining advantages not provided for in the ruleset;
• transferring, sharing, selling or granting the use of their credentials to third parties;
• participating on behalf of unidentified third parties or acting as a nominee;
• committing any fraudulent, deceptive act or one harmful to the rights of The Thunder Trader or other Participants.

15.2. Violation of any of the conducts referred to in the preceding paragraph results, at The Thunder Trader’s discretion, in: exclusion from the ongoing Event without right to refund of the access fee, loss of the accrued and not yet disbursed Performance Reward, account closure, zeroing of balances not subject to mandatory legal refund and the adoption of any initiative to protect The Thunder Trader and other Participants.

15.3. Decisions taken by The Thunder Trader on conduct and disqualification matters are made in good faith on the basis of the evidence collected. The Participant may submit a reasoned complaint following the procedure indicated on the Platform.

16. Multiple Accounts, Collusion and Detection

16.1. The Thunder Trader monitors the Platform with automated and manual tools aimed at detecting multiple accounts, collusion, coordinated behaviour and trading anomalies.

16.2. The following are considered indicators of multiple accounts or collusion, by way of example:

• use of the same device, IP address, browser fingerprint or payment method by distinct platform accounts;
• symmetrical or mirrored operational patterns between demo accounts attributable to different Participants (it being understood that the use of the same automated system by the same Participant on their own demo accounts of distinct Events does not, in itself, constitute an indicator of anomaly);
• direct or indirect transfers of Platform Credits, Fee Credits or Performance Reward between Participants;
• inconsistent personal declarations or falsified documentation;
• use, by the Participant, of third-party copy-trading or mirror-trading services external to the Platform.

16.3. The detection of such indicators entitles The Thunder Trader to apply the measures set out in clause 15.2.

17. Suspension and Account Closure

17.1. The Thunder Trader may suspend or close the Participant’s account, in whole or in part, in case of:

• violation of these Terms or the ruleset of an Event;
• failure to respond or false response to verification requests (clause 14);
• well-founded suspicion of fraud, abuse, collusion or money laundering;
• requests from competent authorities;
• reasons of security, integrity or service continuity;
• prolonged account inactivity as communicated on the Platform.

17.2. The Participant may request closure of their account at any time through the official support channel. Closure does not automatically entail refund of balances: the rules under clause 9 (Refund Policy) and the provisions on already accrued Performance Rewards apply.

17.3. Account closure, unless otherwise required by law or by an authority’s order, entails cessation of access to services and deletion of the Participant’s operational data within the timeframes set out in the Privacy Policy.

18. Force Majeure and Technical Events

18.1. The Thunder Trader is not liable for delays, suspensions, malfunctions or interruptions of the Platform arising from:

• force majeure events, natural disasters, wars, terrorist acts, civil unrest, pandemics, strikes;
• interruptions or malfunctions of telecommunication networks, data feeds or third-party services;
• cyber attacks, intrusions, DDoS attacks, malicious behaviour by third parties;
• scheduled or extraordinary maintenance interventions;
• measures from public authorities.

18.2. In case of a technical event such as to compromise the integrity or fairness of an Event, The Thunder Trader may, at its reasonable discretion:

• temporarily suspend the Event and resume it under equal conditions;
• cancel the Event and fully restore the access fees by credit to the Available Balance;
• re-determine the ranking by neutralizing, on the basis of objective criteria, the tick sequences or operations affected by the anomaly.

18.3. Decisions taken under the preceding paragraph are communicated to Participants via the Platform and/or by email and, subject to mandatory legal obligations, constitute exhaustive resolution of the Participants’ claims relating to the technical event.

19. Disclaimer and Limitation of Liability

19.1. The Platform is provided “as is” and “as available”. While committing to the maintenance and development of the service, The Thunder Trader does not guarantee uninterrupted continuity, absence of errors or compatibility with any hardware or software configuration of the Participant.

19.2. No content published on the Platform, by official The Thunder Trader channels, in educational or promotional materials constitutes investment, tax or legal advice.

19.3. To the extent permitted by applicable law, the overall liability of The Thunder Trader towards the Participant for any claim connected with the service:

• is limited, on an aggregate basis, to the total amount paid by the Participant to The Thunder Trader in the 12 months preceding the event giving rise to the claim;
• in any case excludes indirect, consequential damages, loss of opportunity, loss of data, loss of profit, loss of reputation.

19.4. The limitation under the preceding paragraph does not apply in cases of wilful misconduct or gross negligence of The Thunder Trader, nor in cases of mandatory liability under applicable law.

20. Intellectual Property

20.1. All Platform contents — including, by way of example, trademarks, logos, distinctive names, software, source code, interfaces, design, texts, graphics, images, videos, educational materials, rulesets, reward structures — are the exclusive property of The Thunder Trader or its respective licensors and are protected by intellectual property laws.

20.2. The trademarks “Thunder Trader”, “The Thunder Trader”, “Performance Arena” and the related logos may not be used without the prior written consent of The Thunder Trader.

20.3. It is prohibited to reproduce, distribute, modify, decompile, reverse engineer or use in any form the Platform contents for purposes other than the normal use of the service.

20.4. The Participant grants The Thunder Trader a non-exclusive, royalty-free and revocable licence to use nicknames, ranking positions, aggregate statistics and content voluntarily published by the Participant, solely for the purposes of service management, rankings, communication and marketing of the Platform.

21. Privacy and Data Processing

21.1. The processing of the Participant’s personal data is governed by the Privacy Policy published on the Platform, which forms an integral part of these Terms.

21.2. The Thunder Trader processes personal data in compliance with Regulation (EU) 2016/679 (GDPR), for Participants falling within its scope, the Personal Data (Privacy) Ordinance (Cap. 486) of Hong Kong and any other applicable data protection law.

21.3. The Participant is informed that, for purposes of fraud and abuse prevention, AML controls and Event integrity, data relating to devices, IP address, approximate geolocation, browser fingerprint and similar technical data may be processed.

22. Communications

22.1. Communications from The Thunder Trader to the Participant are made, as a rule, by email to the address registered in the account and/or by notices published on the Platform.

22.2. Communications from the Participant to The Thunder Trader are sent through the official support channel or to the contact details indicated in clause 27.

22.3. Communications are deemed received at the moment of sending to the most recent contact details communicated by the counterparty.

23. Assignment

23.1. The Participant may not assign, transfer or grant the use of, in whole or in part, the rights and obligations arising from these Terms without the prior written consent of The Thunder Trader.

23.2. The Thunder Trader may assign these Terms, including together with other contractual relationships, to another group company or to third parties in the context of extraordinary transactions (merger, demerger, transfer of business branch, corporate reorganization), by giving notice to the Participant with reasonable advance.

24. Service Modifications

24.1. The Thunder Trader may, at any time, introduce, modify or suspend functionalities, tiers, Event formats, payment methods or technical components of the Platform, by giving notice to Participants.

24.2. For Events already started at the time of the modification, the conditions in force at the time of registration continue to apply, unless the modification is imposed by mandatory rules or for security reasons.

25. Governing Law and Dispute Resolution

25.1. These Terms are governed by the law of Hong Kong (HKSAR), without prejudice to the mandatory consumer-protection provisions of the law of the Participant’s habitual residence.

25.2. Any dispute arising out of these Terms or in connection with the service shall fall within the exclusive jurisdiction of the courts of Hong Kong (HKSAR), without prejudice to the right of the consumer Participant to bring proceedings before the courts of their habitual residence where mandatory law so provides.

25.3. Before resorting to judicial authorities, the parties undertake to attempt in good faith an amicable settlement of the dispute, including through The Thunder Trader’s official support channel.

25.4. For consumer Participants residing in the European Union, the European Commission’s Online Dispute Resolution (ODR) platform is available at https://ec.europa.eu/consumers/odr.

25.5. Special provisions for Participants residing in the United States of America. For Participants residing or domiciled in the United States of America (hereinafter, “US Participant”), notwithstanding clauses 25.1 and 25.2 above, any dispute arising out of these Terms or in connection with the service shall be resolved exclusively by binding and individual arbitration, according to the following rules:

(a) the arbitration is administered by the American Arbitration Association (AAA) under its Consumer Arbitration Rules in force at the time of commencement of the proceeding;

(b) the seat of the arbitration is New York, NY (USA), unless otherwise agreed. The hearing may be conducted by telephone, video conference or in documentary form, where AAA rules so permit;

(c) the US Participant and The Thunder Trader expressly waive: (i) participation in any class action, collective arbitration or representative proceeding, as plaintiff or class member; (ii) the right to seek consolidation of their claims with those of other Participants; (iii) the right to trial by jury (jury trial waiver);

(d) the arbitral award is final and binding and may be enforced before any competent court.

25.6. Right to opt out. The US Participant may opt out of the mandatory arbitration set out in clause 25.5 by sending written notice to legal@thethundertrader.com within 30 days of account creation. A valid opt-out notice does not affect the other rights of the Participant nor the validity of the contractual relationship.

25.7. Arbitration costs. AAA administrative costs and arbitrator fees are governed by the AAA Consumer Arbitration Rules. Should the US Participant’s claims relate to amounts below USD 10,000, The Thunder Trader advances the administrative costs and the arbitrator’s fees, unless otherwise allocated in the final award.

26. General Provisions

26.1. Entire agreement. These Terms, together with the Privacy Policy and the rulesets of individual Events, constitute the entire agreement between The Thunder Trader and the Participant in relation to the subject matter, superseding any prior understanding.

26.2. Partial invalidity. Should any clause of these Terms be invalid, illegal or ineffective, this shall not affect the validity of the remaining clauses, which shall continue to be fully effective.

26.3. Forbearance. Failure to exercise or delay in exercising a right by The Thunder Trader does not constitute a waiver of that right.

26.4. Languages. These Terms are published in Italian and in English. In case of discrepancy between the versions, the Italian version prevails, unless the law of the Participant’s jurisdiction provides otherwise.

27. Contacts

For any communication, support request or complaint:

Platform Operator: LN17 ShapeFuture Limited

Registered office: Flat D, 20/F, Eton Building, 288 Des Voeux Road Central, Sheung Wan, Hong Kong

Company Number (CR No.): 80441068

Business Registration Number (BR No.): 80441068-000-05-26-A

Website: https://thethundertrader.com

Customer service: https://thethundertrader.com/customer-service/

Legal address (US opt-out, clause 25.6): legal@thethundertrader.com