Important pre-launch activities related to competition giveaways are explicitly outlined in this section. Participation in any giveaway does not guarantee funding or selection as a winner. Winners are selected solely at the firm’s discretion, based on an independent assessment of which traders are deemed most likely to generate a surplus on the firm’s margin accounts. AuraXtail does not accept payments from traders and will not collect any evaluation fees until the firm has been officially launched. Currently, the firm generates revenue from its giveaways through commissions earned via structured partnerships with brokerage firms. These commissions serve as a primary revenue source, along side trader payouts [profit splits], and are also utilized to mitigate risks associated with funding traders with live A-Book capital. Winners will not be announced until the specified number of traders for a giveaway have completed their evaluation process (e.g., 2,000 traders completing the 2-lot requirement). Once the winners are announced, the firm will wire funds to their designated margin accounts to support trader-funded accounts. Upon completion of wire transfers and establishment of margin provisions, traders will be granted access to the appropriate trading platforms, enabling them to control their segregated portion of the margin accounts (liquidity pool) through their funded accounts (i.e., they will be issued their funded account). Once traders are funded, they will receive their trader allocation contracts, which will provide further details on the terms set forth by the firm and margin custodians.

The firm is legally accountable and obligated to pay traders their profit share generated on funded accounts. The firm’s obligation to make such payments is contingent upon the firm’s ability to execute trades and withdraw funds from margin accounts. The only circumstances in which the firm is released from all their obligations to traders; are those arising from an "act of God," including but not limited to:

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• The collapse of a brokerage or failure of a brokerage or other entity to remit payments to the firm;

• The firm being a victim of theft or fraud;

• A malfunction or technical issue with software affecting the firm's ability to execute trades on live margin accounts;

• Any unforeseen event or circumstance that negatively impacts the firm's ability to withdraw funds from margin accounts and facilitate payment to traders.

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In the event of an act of God, the firm will make every reasonable effort to provide impacted traders with official documentation detailing the nature of the situation that occurred. Although, traders that use the firms services agree to not hold the firm liable in anyway under an act of God. The firm shall not be held liable for any losses, damages, or consequences arising from errors, mistakes, or omissions made in the normal course of business, including those made by the firm’s officers or representatives, provided that such actions were not the result of gross negligence, willful misconduct, or intentional fraud. This includes, but is not limited to, errors in executing trades, mismanaged funds, or technical failures. In the event of such errors, the firm will make reasonable efforts to correct the mistake and mitigate any negative impact on affected traders, but the firm’s liability for any losses or damages shall be limited to the extent permitted by applicable law. The firm will not be liable for any indirect, incidental, or consequential damages, including loss of profits, arising from the firm’s actions or inactions, except where such damages result from fraud or gross negligence on the part of the firm or its officers. In the event that a trader engages in rude behavior, harassment, bullying, or makes any threats toward the firm, its officers, or its staff, the firm reserves the right to revoke the trader’s access to funding and suspend their use of the firm’s services. Additionally, the firm retains the right to suspend any trader from funding based on any other reasonable cause or action deemed necessary by the firm. Both the trader and the firm agree to act in good faith and uphold a professional standard of conduct throughout their engagement.

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Any dispute, claim, or controversy arising out of or in connection with these Terms and Conditions, including any breach, termination, or validity thereof, shall be resolved exclusively through binding arbitration, rather than through court litigation, except as otherwise provided by applicable law. The arbitration shall be conducted in accordance with the rules of the International Centre for Dispute Resolution (ICDR), a division of the American Arbitration Association (AAA), and shall be held in Calgary, Alberta, Canada, unless otherwise agreed by both parties. The arbitration proceedings will be conducted in English. The arbitration will be overseen by a single arbitrator, mutually agreed upon by the parties, or, if the parties cannot agree, appointed by the ICDR. The arbitrator’s decision will be final and binding, and any judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction. Both parties agree that arbitration is the exclusive means for resolving any disputes and agree not to seek or pursue remedies through litigation or class actions. Each party shall bear its own costs and expenses related to the arbitration, except as otherwise determined by the arbitrator. This arbitration clause shall survive the termination of these Terms and Conditions.