JTX MARKETS · LEGAL

Challenge Rules

DRAFT — not yet effective

> DRAFT — pending counsel review. The plain-English version of these rules is at /rules. This document is the formal legal version that controls in case of conflict.

1. Definitions

Terms used in this document have the meaning set out in the Terms of Service and, in addition:

•"Challenge" means a paid one-phase evaluation account offered by JTX Markets.

•"Evaluation Balance" means the notional starting balance of the Challenge, as displayed at purchase.

•"Funded Account" means a live-capital account made available to the trader after successful completion of a Challenge.

•"Daily Loss Limit" means the maximum percentage negative profit-and-loss permitted on any calendar day, computed against the balance at 00:00 UTC that day.

•"Maximum Drawdown" means the maximum percentage negative profit-and-loss permitted from the Evaluation Balance, computed on a static basis.

•"Profit Target" means the percentage positive profit-and-loss required to pass the Challenge.

2. Rule Parameters by Program

Rule parameters for each program (Classic, Pro, Turbo, One Rule) at each account tier ($5K, $10K, $25K, $50K, $100K, $200K) are set out on the Challenges page and are incorporated into this document by reference. In the event of conflict between this document and the Challenges page, this document controls.

3. Rule Enforcement

Rules are enforced automatically by the matching engine in real time. On breach, the affected account is closed immediately and no further trading is permitted on that account. A full audit trail is generated and made available to the trader.

4. Disputes

A trader may dispute a rule enforcement action by opening a support ticket within 7 days of the enforcement. JTX Markets will investigate and issue a written determination within 5 business days. The determination is final subject to arbitration under Clause 15 of the Terms of Service.

5. Prohibited Practices

Cross-account hedging, copy-trading between accounts, third-party managed trading, latency arbitrage of scheduled economic data releases and market manipulation are prohibited. See /rules for the full list. Violation forfeits the affected accounts and any accrued profit share.

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Counsel review required before launch.