Terms of Service

These Terms and Conditions, presented at https://www.y3s.app/ (hereinafter referred to as the “Conditions”), govern the rules and obligations relating to the use of challenges and Services provided by UOwn Corporation s.r.o. to you (hereinafter referred to as the “Contracting Party” or “Customer”). UOwn Corporation s.r.o. is registered under the laws of the Czech Republic, with its registered office at Vojtěšská 211/6, Nové Město (Praha 1), 110 00 Prague, Czech Republic, identification number (IČO): 21975469, registered in the Commercial Register maintained by the Municipal Court in Prague, Section C, Insert 409265 (hereinafter referred to as “Y3S Challenges”, “Challenges”, “Evaluation” or “Services”, and collectively as the “Provider”). These Services are primarily available through the website https://www.y3s.app/ (hereinafter referred to as the “Website”).

The Customer is strongly encouraged to read these Conditions carefully. The Customer is not obligated to use the Services or to participate in Y3S Challenges if they disagree with or do not understand any part of these Conditions. It is essential that the Customer chooses to use the Services only where they fully understand and consent to these Conditions. By using our Services or participating in the Y3S Challenges that we offer, the Customer confirms their acceptance of these Terms and their commitment to comply with them.

By using our website and/or registering for any of the Challenges, the Customer agrees to be bound by the following Terms, as well as any additional terms and policies referenced herein and/or available through a hyperlink. These Terms and Conditions apply to all users of the website, including, but not limited to, visitors, sellers, consumers, merchants, and/or content creators.

Please read these Terms and Conditions carefully before entering or using our Website. By accessing or using any part of the website, the Customer agrees to be bound by these Terms and Conditions. If the Customer does not agree to all the Conditions of this agreement, they are not permitted to visit the website or use any Services. If these Terms and Conditions are deemed an offer, acceptance is strictly limited to these Terms and Conditions. Services are available exclusively to persons over the age of 18 who are resident in countries in which the Services are provided. Any additional features or tools added to the existing website (within the relevant accounts area) shall be subject to these Terms and Conditions in equal measure. The latest version of the Terms and Conditions is available on this page at all times. The Provider reserves the right to update, amend, or replace any part of these Terms and Conditions in accordance with the notification procedures stipulated in Article 23. The Customer will be informed of any material changes at least 14 days before they take effect. The Customer’s continued use of the Services after the effective date of any changes shall be deemed as acceptance of those changes. If the Customer does not accept the amended Conditions, they may terminate the contract without penalty prior to the effective date in accordance with Article 23.2.

1.1 Basic Conditions and Representations of the Customer

By accepting these Terms and Conditions, the Customer confirms that they meet the statutory age requirements in the state or province of their residence and that they have, in any case, reached the age of 18. As a condition of using the Services, the Customer undertakes not to engage in any unlawful or unauthorized activities, including, but not limited to, infringement of copyright. If the Customer breaches any of these Conditions, their access to the Services will be terminated immediately.

The Customer declares and warrants that:

(a) they have the legal capacity to enter into this agreement;
(b) they are not located in, under the control of, or a national or resident of any jurisdiction from which the Services are prohibited;
(c) they will not use the Services for any unlawful purpose;
(d) all information provided during registration is accurate, complete, and up to date.

1.2 Pre-Registration Disclosure of Information

1.2.1 Prior to completing registration, the Customer is required to carefully read these Conditions, the Privacy Policy, the Consumer Information document, and all information relating to assessment fees. By continuing with registration, the Customer confirms that they have read, understood, and accepted all applicable terms and conditions in their entirety.

1.2.2 The Customer acknowledges that the Provider makes the full text of these Conditions available on the Website at any time and that the Customer had a reasonable opportunity to familiarise themselves with such Conditions prior to entering into this agreement.

The Provider reserves the right to refuse, suspend, or terminate access to the Services on demonstrable grounds as set out in these Conditions, including, but not limited to:

(a) breach of these Terms;
(b) failure to meet KYC/AML verification requirements;
(c) non-compliance with applicable sanctions or regulatory obligations;
(d) fraudulent activity or false representation of identity.

2.1 Language of Communication

All communication between the Provider and the Customer shall be conducted in the English, Czech, or Slovak language. The Customer confirms that they possess sufficient knowledge of the English language to understand these Terms and all related documentation. In the event of any conflict between the language versions of these Terms, the English version shall prevail, unless the consumer protection law of the country of the Customer’s habitual residence provides otherwise.

2.2 Electronic Communication

By using the Services, the Customer agrees to receive electronic messages from the Provider. Such messages include important service notices relating to the Customer’s account and updates to the Services. Promotional and marketing messages will only be sent where the Customer has provided specific, explicit consent; the Customer may withdraw such consent at any time by clicking the unsubscribe link in any marketing email or by contacting ask@y3s.app, without any effect on the use of the Services. The Customer agrees that any notices, agreements, disclosures, or other messages delivered electronically satisfy all legal requirements as to the form of communication.

The Customer acknowledges that the services and content are provided “as is”, with all possible errors, deficiencies or limitations, and that their use is solely at the Customer’s own risk. Although the Provider endeavours to keep all information accurate and up to date, it acknowledges that technologies may have inherent limitations. The Customer therefore accepts these possible limitations and agrees to use the Services with full awareness thereof. To the maximum extent permitted by applicable law, the Provider disclaims all warranties — statutory, express, implied, or otherwise — including, but not limited to, warranties of merchantability, fitness for a particular purpose, or non-infringement of rights.

3.1 Market Data Disclaimer

Any market data, price quotations, charts, or other trading information displayed on the Platform is provided for informational purposes only and may be delayed, inaccurate, or incomplete. The Provider does not guarantee the accuracy, timeliness, or completeness of such data. The Customer should not rely solely on such information when making trading decisions.

3.2 Technical Requirements on the Customer’s Side and Connection

The Customer bears sole responsibility for ensuring that their technical equipment, internet connection, and software environment meet the minimum System Requirements published by the Provider at www.y3s.app/system-requirements (hereinafter referred to as “System Requirements”). The Provider does not guarantee uninterrupted or error-free access to the Platform in cases where outages originate from the Customer’s device, browser, internet service provider, or network connection.

The Customer acknowledges that the Platform relies on a continuous real-time WebSocket connection for the purposes of transmitting live market data and evaluating the rules of Challenges, including stop-loss, take-profit, daily loss, and maximum total loss parameters. These parameters are monitored and enforced server-side based on price data available to the Provider’s systems at the time of evaluation. In the event of a WebSocket disconnection or degraded connection on the Customer’s side, open positions may be closed and Challenge rules may continue to be evaluated on the basis of the last price data received by the Provider’s systems. The Provider shall bear no liability for any failure to satisfy a Challenge, any closure of a position, or any loss of Challenge status arising from the Customer’s failure to maintain a stable and adequate internet connection in accordance with the System Requirements.

The Customer further acknowledges that price data is transmitted across multiple system layers, which may result in latency. Trading decisions made on the basis of data displayed in the Customer’s browser may reflect a slight delay compared to data processed server-side by the Provider. This is an inherent technical characteristic of the Service and does not constitute a defect or breach on the part of the Provider.

Before completing any purchase, the Customer shall be required to actively confirm via a checkbox that their device meets the System Requirements published at www.y3s.app/system-requirements.

The Provider reserves the right to modify or discontinue the Service, subject to the following notification requirements:

(a) in the event of termination affecting active Challenges or Funded Accounts: written notice with a minimum period of at least thirty (30) calendar days, except where required by law, regulatory order, or force majeure as defined in Article 23A;
(b) in the event of temporary interruption due to maintenance: at least 48 hours' advance notice, where possible; Active Challenge periods will be suspended and drawdown timers will be paused for the duration of any unplanned outage exceeding two (2) hours.

4.1 Current Services Catalogue

The current offering of Challenge packages, their parameters, prices, categories, and specifications are published in real time on the Website (in particular at https://www.y3s.app/) and constitute an open commercial offer of the Provider. These details do not form part of these Conditions within the meaning of Article 23, and the Provider is entitled to modify, supplement, replace with new products, or remove them at any time without the need to amend these Conditions. Binding upon the Customer are exclusively those prices, parameters, and conditions of the relevant Challenge that were displayed on the Website upon completion of the order and confirmed by the Customer during the purchase process (“Purchase Parameters”). Purchase Parameters do not change after payment and activation of the Challenge.

4.2 Changes to Prices and Parameters

Changes to the prices and parameters of Challenge packages take effect at the moment of their publication on the Website. These changes apply exclusively to purchases made after they take effect and have no impact on the Purchase Parameters of customers with active Challenges or Funded Accounts within the meaning of Article 5. The Provider will endeavour to communicate material price changes through marketing communications where it deems this appropriate; however, such notification shall not be a condition for the effectiveness of such changes. Any changes to these Terms and Conditions shall be communicated to the Customer in accordance with Article 23.

The Provider reserves the right to restrict the sale of products or services to natural persons, geographic areas, or jurisdictions where required by applicable law, sanctions compliance, or regulatory requirements, with each case being assessed on an individual basis with documented justification. The Provider also reserves the right to limit the quantities of any products or services that it offers. Material changes to product descriptions or prices applicable to existing contractual relationships will be communicated in accordance with Article 23. The Provider reserves the right to discontinue any product, and shall be obliged to deliver written notice to Customers with active Challenges or Funded Accounts affected by such discontinuation at least thirty (30) calendar days in advance.

The discontinuation of a particular type of Challenge package offering for new purchases (i.e., the withdrawal of a product from the current offering on the Website) does not constitute a product discontinuation requiring 30-day notice pursuant to the preceding sentence, provided that Customers with already active Challenges of that type may continue their evaluation process in accordance with the Purchase Parameters.

Any offer of a product or Service published on this site is void where prohibited by law.

The Provider does not guarantee that the quality of any products, Services, information, or other materials purchased or obtained by the Customer will meet the Customer's expectations, nor does it guarantee that any errors in the Service will be corrected.

5.1 Nature of the Services

The Customer expressly acknowledges and agrees that:

(a) All trading conducted through the Platform is simulated trading utilizing exclusively virtual/fictitious funds;
(b) No real financial instruments are traded, bought, or sold;
(c) Any displayed “profits” or “losses” are hypothetical in nature and serve exclusively for evaluation purposes;
(d) The Services are designed to assess the Customer's trading skills in a risk-free environment of simulated trading;
(e) Performance-Based Rewards do not constitute profit from real trading, investment returns, or income from financial instruments — all trading takes place in a simulated environment exclusively using fictitious funds.

5.2 Nature of the Contractual Relationship

5.2.1 Services are offered exclusively to natural persons. The relationship between the Provider and the Customer is, at all stages, a business-to-consumer (B2C) relationship, governed by applicable EU law and the Czech Consumer Protection Act.

(a) Evaluation Challenge Phase: The purchase of an Evaluation Challenge product by a natural person acting outside the scope of their trade, business, or profession constitutes a business-to-consumer (B2C) transaction. Customers who qualify as consumers within the meaning of Directive 2011/83/EU on consumer rights are entitled to all mandatory consumer protection rights under applicable EU law and Czech law, including but not limited to the right of withdrawal under Article 19.3.1 of these Terms.
(b) Funded Account Phase: Upon successful completion of the Evaluation Challenge and activation of the Funded Account, the Customer continues to act as a natural person and the relationship remains a consumer relationship governed by applicable EU law and Czech consumer protection law. Performance-Based Rewards paid to the Customer pursuant to Article 5.4 constitute contractual payments for the provision of simulated trading activity and related data, and do not constitute income from investment activity, financial services, or dependent activity. The Provider may use data obtained from the Customer's simulated trading activity on its own separate accounts.

5.2.2 The relationship between the Provider and the Customer does not constitute, and must not be interpreted as, an employment relationship, a labour-law relationship, or any form of dependent work within the meaning of Act No. 262/2006 Coll. (Labour Code of the Czech Republic), as amended.

5.2.3 Customer acknowledges and agrees that:

(a) Customer acts as an independent party, and not as an employee, agent, or authorized representative of the Provider;
(b) Customer bears no liability for losses incurred during trading activity that exceed the fee paid for the relevant Challenge;
(c) all losses arising from simulated trading activity on funded accounts are borne exclusively by the Provider;
(d) no provision of these Terms limits or excludes the mandatory rights and protections afforded to the Customer as a consumer under applicable EU law and the law of the country of the Customer's habitual residence.

5.2.4 No provision of these Terms and Conditions, nor the conduct of any of the contracting parties, shall give rise to an employment relationship or a relationship analogous to an employment relationship. Any contrary claim is expressly excluded to the maximum extent permitted by applicable law.

5.2.5 Funded Account Agreement. Upon successful completion of all Challenge phases and KYC verification, the Provider may require the Customer to enter into a Funded Account Agreement as a condition for the activation of the Funded Account. The following rules apply:

(a) The Funded Account Agreement must comply with these Conditions and must supplement them. In the event of any conflict between the Funded Account Agreement and these Conditions, these Conditions shall prevail, unless the Funded Account Agreement expressly and specifically derogates from a specifically identified provision of these Conditions in favour of the Customer.
(b) The Customer shall be provided with the full text of the Funded Account Agreement at least forty-eight (48) hours before they are required to sign it.
(c) The Customer's right to withdraw from the Funded Account Agreement is governed by Article 19.3.1 of these Conditions.
(d) Refusal to sign the Funded Account Agreement does not entitle the Customer to a refund of Challenge fees that have already been paid, as the Challenge evaluation service was fully rendered. This applies provided that the Funded Account Agreement does not impose materially less favourable terms and conditions, additional fees, or trading restrictions beyond those published in these Terms and Conditions at the time the Customer made the initial purchase of Challenges. If the Funded Account Agreement contains such materially less favourable conditions and the Customer refuses to sign the agreement on those grounds, the Customer may submit written objections to the Provider within five (5) business days of receipt of the Agreement, whereupon the Provider shall assess such objections in accordance with Article 13.3.2.

5.3 Evaluation Process — Mandatory Fulfillment

5.3.1 Access to any simulated funded trading account is strictly subject to the Customer's successful and independent completion of a multi-phase evaluation process, which includes: (1) Phase 1 — risk discipline, (2) Phase 2 — performance consistency, and (3) Phase 3 — the funded trading phase, as set out in Articles 18.3 – 18.6. In cases where required, a verification test may be conducted as a condition of access to the Funded Account (Article 18.4). Furthermore, any additional interview requirement mandated by the Provider must be successfully fulfilled prior to access being granted. The Provider does not grant access to funded capital through any means other than the successful completion of the Challenge.

5.3.2 No benefit, voucher, token, promotional code, or any other instrument issued by the Provider or in connection therewith entitles the Customer to circumvent, bypass, or shorten any mandatory evaluation Phase. Specifically: (a) Phase reset vouchers (as defined in Article 20A.3) entitle the Customer to commence a new evaluation account from the beginning — they do not provide access to funded capital and do not relieve the Customer of the obligation to satisfy any evaluation requirement; (b) Drawdown Booster vouchers (as defined in Article 20A.3) adjust the risk parameters within an active evaluation account — they do not alter the requirement to complete all evaluation Phases; (c) Academy and AI Bot vouchers (as defined in Article 20A.3) provide access exclusively to educational and analytical tools — they do not confer any trading or evaluation advantage.

5.3.3 Any benefit or voucher purportedly providing direct access to a Funded Account without fulfilling the evaluation process is invalid and shall not be accepted by the Provider.

5.4 Profit Split Ratio

5.4.1 Rewards derived from the successful results of simulated trading on a funded account shall be distributed between the Customer and the Provider in accordance with the profit split ratio applicable to the relevant Challenge type, as set out in the Challenge specifications displayed on the Website and confirmed to the Customer prior to purchase during the order process. The applicable profit split ratio is binding for the duration of the relevant Phase 3 Funded Account period, subject to the Customer's full compliance with these Terms and Conditions, the Y3S Funded Score rule (Article 18.5.3), and all applicable withdrawal conditions.

5.4.2 Performance-Based Rewards are contractual payments to which the Customer is entitled upon fulfillment of all conditions set forth in Articles 18.3, 18.5.3, and 18.6.3. The Provider is not entitled to withhold rewards, provided that all relevant conditions have been objectively met. Rewards do not constitute profits from real trading, investment returns, or income from financial instruments.

If the Customer obtains a Drawdown Booster voucher (whether through purchase, NFT burning, or any promotional activity), the following restrictions apply, which form part of the Customer's obligations under these Terms and Conditions:

5A.1 The Drawdown Booster voucher increases the applicable drawdown limit on the designated evaluation account by the amount specified in the voucher (e.g., +1% daily drawdown or +1% Maximum Drawdown). The amended limits apply exclusively to the single account for which the voucher was activated.

5A.2 Non-accumulation rule (prohibition of stacking): The Customer may apply at most: (a) one (1) Drawdown Booster voucher for the daily drawdown per one evaluation account; and (b) one (1) Drawdown Booster voucher for the Maximum Drawdown per one evaluation account. Activation of more than one voucher of the same type on a single account is not permitted. Any attempt to apply a second voucher of the same type will be rejected by the system.

5A.3 Drawdown Booster vouchers do not constitute a return of capital, a refund of payment, or an investment instrument. These are functional tools that adjust evaluation parameters exclusively within the simulated trading environment.

5A.4 The prohibition on combining referred to in point 5A.2 is enforced at the system level. The Provider reserves the right to cancel any benefit or voucher applied in violation of this provision and to void any related account adjustments.

5B.1 General Provisions and Nature of Asset Classes

5B.1.1 This Article defines the tradable asset classes made available by the Provider to the Customer within the simulated trading environment on the Platform. The definitions and classification set out in this Article supplement and in no way limit the statements concerning the nature of the Services set forth in the preamble of these Terms and Conditions and in Article 5.1.

5B.1.2 The Customer expressly acknowledges and agrees that:

(a) all asset classes defined in this Article constitute exclusively simulated instruments, whose price performance is derived from reference market data of third parties and displayed in a virtual/demo environment using fictitious funds;
(b) no actual financial instrument, security, currency, Commodities, or any right derived therefrom is acquired, held, transferred, purchased, or sold through the Platform;
(c) the Customer does not acquire any ownership, voting, dividend, or other rights associated with the underlying assets from which the price development of the simulated instruments is derived;
(d) simulated trading of asset classes pursuant to this Article does not constitute the provision of an investment service or any other regulated financial service within the meaning of Directive 2014/65/EU (MiFID II) or any other applicable regulation, and no actual financial instrument within the meaning of the said Directive is traded through the Platform.

5B.1.3 The specific list of available simulated instruments within the individual asset classes, as well as their parameters — in particular spreads, available leverage, any swap rates, margin requirements, trading sessions, and the minimum and maximum position size — are published in real time on the Website and in the Dashboard (the Platform interface) and form part of the current catalogue of Services within the meaning of Article 4.1. This information does not form part of these Terms and Conditions within the meaning of Article 23, and the Provider is entitled to amend, supplement, or remove it at any time.

5B.1.4 The availability of specific asset classes or individual instruments may vary depending on the type of Challenge, as stated in the Challenge specifications displayed on the Website and in the Platform interface.

5B.2 Definitions of Asset Classes

Definition: “Asset Class” means a category of simulated tradable instruments with common characteristics, the price performance of which is derived from a common type of underlying reference market.

5B.2.1 Stocks.

Definition: “Stocks” means a class of simulated instruments whose price performance is derived from the price quotes of shares of companies publicly traded on major global stock exchanges.

The simulated trading of Shares takes place generally from Monday to Friday within the trading sessions of the respective reference exchange. Positions opened during the trading week cannot remain open over the weekend, when the respective exchange is closed, and must be closed before the end of trading on Friday in accordance with Article 5C and the rule on holding positions over the weekend pursuant to Article 13.1.14. The Customer does not acquire any interest in the registered capital, any shareholder rights, or any entitlement to dividend payments; Any adjustments to the simulated price reflecting corporate events (such as dividend payments or stock splits) are of an exclusively technical nature within the scope of the simulation.

5B.2.2 Indices (Indices).

Definition: “Indices” refers to a class of simulated instruments whose price performance is derived from the value of stock exchange indices tracking the performance of a defined basket of shares or other market segment.

The Customer simulates trading the value of the index as a whole, without acquiring any interest in the individual components of the relevant index.

5B.2.3 Forex (Currency Pairs).

Definition: “Forex” refers to a class of simulated instruments whose price development is derived from the mutual exchange rate of two currencies forming a Currency Pair, whereby the first currency represents the base currency and the second the quote currency.

Currency Pairs are classified within the simulation into the following categories:

(a) major pairs (major) — pairs formed by the most liquid and most widely traded global currencies;
(b) minor pairs (minor) — pairs of major currencies against one another, without the participation of the currency that features in the majority of major pairs;
(c) exotic pairs (exotic) — pairs combining a major currency with the currency of a developing or less liquid market, which are generally characterized by higher spreads and greater volatility.

The specific Currency Pairs available within individual categories are published in the Platform interface pursuant to Article 5B.1.3. The simulated trading of Forex does not constitute an actual exchange of currencies, and no real monetary funds are moved in the process.

5B.2.4 Commodities (Commodities).

Definition: “Commodities” refers to a class of simulated instruments whose price performance is derived from the reference prices of commodities and raw materials, particularly from the categories of precious and industrial metals, energy commodities, and agricultural commodities.

The specific Commodities available within this class are published in the Platform interface pursuant to Article 5B.1.3. The Customer simulates trading of the price performance of the respective commodity without acquiring, taking physical delivery of, or holding any actual quantity of the given commodity or any right to its delivery.

5B.3 Common Provisions for All Asset Classes

5B.3.1 All asset classes are fully subject to the risk management parameters and restrictions set out in Article 18 (including drawdown limits, position size restrictions, and the obligation to place a stop-loss order), as well as the prohibited trading practices specified in Article 13.

5B.3.2 Trading hours, holding positions over the weekend, conduct during market holidays, and related trading restrictions for all asset classes referred to in this Article are governed by Article 5C.

5B.3.3 Since each asset class is characterized by distinct volatility, liquidity, trading sessions, and simulated execution parameters, the simulated execution of positions (including spreads and slippage) may vary across individual asset classes and instruments, in accordance with Article 16A.3.3.

5B.3.4 No provision of this Article shall constitute a representation or warranty by the Provider with respect to the availability, price, volatility, or marketability of any asset class or instrument, nor with respect to the accuracy of reference market data within the meaning of Article 3.1.

5C.1 Scope and Relationship to Other Provisions

5C.1.1 This Article governs the trading hours and trading restrictions applicable to the asset classes defined in Article 5B, i.e., Shares, Indices, Forex and Commodities (hereinafter collectively in this Article also referred to as the “asset classes under Article 5B”). The provisions of this Article supplement Article 5B, Article 13 and Article 16A.

5C.1.2 The trading hours and trading calendar of individual instruments are governed by the trading sessions and the availability of reference market data of the relevant underlying market. Where the relevant market is closed, current reference data required for the simulated execution of orders shall not be available for the given instrument.

5C.2 Trading Hours

Definition: “Trading hours” shall mean the time periods during which the opening and closing of positions is permitted for the given simulated instrument, corresponding to the trading sessions of the relevant underlying reference market.

5C.2.1 Specific trading hours and the trading calendar for each instrument may be published in the Platform interface pursuant to Article 5B.1.3. The following general provisions apply to individual asset classes:

(a) Equities and Indices — trading takes place during the trading sessions of the relevant reference exchange on business days, with sessions having defined daily opening and closing times, and trading does not take place during weekends or market holidays;
(b) Commodities — trading takes place during the trading sessions of the relevant reference market for the given commodity, which may vary depending on the specific instrument, and trading does not take place during weekends or market holidays;
(c) Forex — trading takes place continuously during business days (24/5 mode), from the opening of the market at the start of the trading week to its closure at the end of the business week; no trading occurs during the weekend.

5C.3 Closed Markets

5C.3.1 The Customer is solely responsible for adherence to the Trading Hours of the relevant market. Outside of Trading Hours, when the relevant market is closed, current reference data are unavailable, and accordingly, opening a new position on the given instrument is prohibited.

5C.3.2 Outside of Trading Hours, it may also not be possible to close or modify an existing position, as current reference market data for the given instrument are not available. Closing or modifying such a position is generally permitted only after the relevant market has reopened.

5C.3.3 While the relevant market is closed, Stop-Loss and Take-Profit orders are not evaluated. Their evaluation and any simulated execution occurs after the market reopens at the first available price, which may result in slippage including a price gap (gap), in accordance with Article 16A.3.1.

5C.4 Weekend Positions

5C.4.1 The relevant reference markets for asset classes under Article 5B are closed during the weekend — from the market close on Friday until their opening on the following business day. During this period, the provisions on closed markets under Article 5C.3 shall apply.

5C.4.2 The Customer is solely responsible for closing their open positions before the close of the relevant market on Friday, so that no position remains open over the weekend, in accordance with Article 13.1.14. Positions may not be automatically closed at the end of the trading week.

5C.4.3 Keeping a position open over the weekend constitutes a breach of the rules pursuant to Article 13.1.14. The Provider is entitled to evaluate such a breach retrospectively, in particular when assessing the Customer's results and their eligibility to advance to the funded phase, with the consequences of a rule breach under these Terms and Conditions applying accordingly.

5C.4.4 The Customer acknowledges that the opening price at the start of a new trading week may differ substantially from the closing price of the preceding week (price gap – weekend gap). Such a price gap may result in errors, such as Stop-Loss and/or Take-Profit orders being executed on a simulated basis at the first available price after the market reopens, which may differ significantly from the set level, in accordance with Article 16A.3.1.

5C.4.5 The Provider shall not be liable for simulated losses arising from price gaps or from holding positions during periods when the relevant market is closed, except in cases stipulated in Article 16A and mandatory consumer protection provisions.

5C.5 Market Holidays and Extraordinary Events

Definition: “Market Holiday” means a day on which the relevant underlying reference market is completely closed or operates in a reduced trading session due to a public holiday or other scheduled trading interruption on that market.

5C.5.1 During market holidays, current reference data are not available for the relevant instruments and trading is suspended or restricted to the extent that the relevant reference market is restricted. The provisions on closed markets under Article 5C.3 shall apply mutatis mutandis.

5C.5.2 The Customer is solely responsible for monitoring the trading calendar, trading hours, and market holidays of the relevant markets. The Provider shall not be liable for the inability to open, modify, or close a position during a market holiday or during a reduced trading mode, and shall not be obliged to specifically notify the Customer of market holidays.

5C.5.3 In the event of extraordinary events — in particular, an unplanned suspension of trading on the reference market, a failure of the market data provider, or a force majeure event pursuant to Article 23A — the provisions of Article 16A and Article 23A shall apply accordingly.

5C.6 Liquidity and slippage

5C.6.1 The Customer acknowledges that during periods around market opening and closing, as well as during periods of reduced liquidity, spreads may widen and slippage (both positive and negative) may be more pronounced.

5C.6.2 The simulated trading environment of the Platform may reflect such real market conditions, including reduced liquidity, widened spreads and price gaps, in accordance with Article 16A.3.3. Such conditions represent an inherent characteristic of the simulation and do not constitute a defect or breach on the part of the Provider.

Upon receipt of payment, a tax document (invoice) will be made available to the Customer in the user zone within fourteen (14) calendar days from the date of receipt of payment, in accordance with applicable Czech tax law. The Customer is responsible for ensuring that the billing details provided during the order process are accurate and up to date.

The Provider reserves the right to refuse any submitted order. At the sole discretion of the Provider, restrictions may be applied to the quantity of purchased items or the cancellation of an order per person, household, or order. These restrictions may be applied to orders placed using the same customer account, credit card, and/or billing or delivery address. If an order is modified or cancelled, the Provider shall endeavour to inform the Customer by contacting the email address and/or billing address or phone number provided at the time of purchase. Furthermore, the Provider reserves the right to restrict or refuse orders which, in its sole assessment, exhibit characteristics of orders placed by resellers, intermediaries, or distributors.

The Customer agrees to provide accurate, complete, and current purchase and account information for all transactions conducted on the Provider's platform. The Customer also undertakes to promptly update account details, such as email addresses, credit card numbers, and expiration dates, so as to enable the Provider to complete transactions and, where necessary, to contact the Customer.

6.1 Payment Processing

All payments may be processed through third-party payment processors. In such a case, the Provider shall not be liable for any fees, costs, or errors imposed by such third-party payment processors. The Customer agrees to comply with the terms and conditions of any third-party payment intermediary whose services are utilized.

6.2 Currency and Conversion

All fees are denominated in EUR, as set out in Article 18.1. In the event that a payment intermediary applies a currency conversion, the applicable exchange rate shall be determined by the payment intermediary at the time the transaction is executed. Amounts in USD or in any other currency are displayed exclusively for informational purposes. The Customer is responsible for any currency conversion fees or differences in exchange rates.

The Provider may grant the Customer access to third-party tools that the Provider neither controls nor monitors. The Customer acknowledges that such tools are provided on an as-is and as-available basis, without any warranties, guarantees, or representations of any kind. The Provider shall not be liable for any issues arising from or in connection with the Customer's use of these optional third-party tools.

Any use of optional tools provided through the site is at the sole risk and responsibility of the Customer, and the Customer is required to ensure that they understand and agree to the terms stipulated by the relevant third-party provider(s). The Provider may in the future introduce new Services and features on the Website, including new tools and resources, which shall be subject to these Terms and Conditions.

7.1 Flight Mode (Demo Preview)

The Provider may provide access to a demo preview mode ("Flight Mode"), which allows potential Customers to explore the Platform interface without registration or the purchase of a Challenge. Flight Mode is exclusively a demonstration feature and does not constitute a Challenge phase, does not trigger the thirty-day (30) activation period under Article 19.4, and creates no contractual obligation between the Customer and the Provider in connection with Challenge performance. Any activity carried out in Flight Mode has no effect on any Challenge account.

The Provider's Service may include third-party content, products, and services. Third-party links on the website may redirect the Customer to external websites that are not affiliated with the Provider. The Provider does not review or evaluate the content or accuracy of third-party websites and assumes no responsibility for the materials, websites, products, or services of third parties.

The Provider accepts no liability for any damages or losses arising in connection with the purchase or use of goods, Services, resources, content, or other transactions conducted through third-party websites. The Customer should carefully review the policies and procedures of third parties before carrying out any transactions. Any complaints, claims, or comments regarding third-party products must be addressed directly to the relevant third party.

The Provider is not obligated to:

(a) maintain the confidentiality of any comments;
(b) provide the Customer with any compensation for comments; nor
(c) respond to any comments.

The Provider may, but is not obligated to, monitor, edit, or remove content that, in its sole discretion, it considers to be unlawful, offensive, threatening, defamatory, obscene, or otherwise inappropriate, or that infringes upon the intellectual property rights of any party or these Terms and Conditions.

The Customer represents and warrants that their comments will not infringe upon the rights of any third party, including copyrights, trademarks, privacy, personality rights, or any other personal or proprietary rights. The Customer further warrants that their comments will not contain any defamatory, offensive, or unlawful material, nor any viruses or malware that could affect the operation of the Services or any related website. The Customer agrees not to use a false email address, impersonate another individual, or otherwise mislead the Provider or third parties as to the origin of any comments. The Customer bears sole responsibility for the content and accuracy of their comments. The Provider assumes no responsibility or liability for comments made by the Customer or third parties.

Both parties undertake to conduct all mutual interactions honestly and with respect, refraining from any action that could damage the reputation or legitimate interests of the other party. This obligation to refrain from harmful conduct shall remain in effect throughout the entire business relationship and following its termination. Any disputes shall be resolved in accordance with this agreement and the applicable laws and regulations. Violation of these provisions may result in immediate legal action, including the issuance of injunctions and the application of further legal remedies to protect the rights and interests of the affected party.

The provision of personal data through the website is governed by the Provider's Privacy Policy.

10.1 Compliance with GDPR

The Provider processes personal data in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation – GDPR). The Customer has the right to access their personal data, the right to rectification, erasure, restriction of processing, data portability, and the right to object to the processing thereof. For the purposes of exercising these rights, the Customer may contact the Provider using the contact details set out in Article 24. In the event of a transfer of personal data outside the European Economic Area (EEA), the Provider shall ensure the implementation of appropriate safeguards (such as standard contractual clauses) in accordance with the GDPR.

10.2 Data Controller

The legal basis for processing includes:

(a) performance of a contract;
(b) legitimate interests;
(c) compliance with legal obligations; and
(d) consent, where applicable.

Y3S.app is required to implement robust and comprehensive procedures in accordance with the legal and regulatory requirements relating to the Know Your Customer (KYC) principle, Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD).

11.1 AML/CFT Compliance

The Provider implements KYC/CDD/EDD procedures in accordance with Directive (EU) 2018/843 (5th Anti-Money Laundering Directive – AMLD5), Directive (EU) 2021/1139 (6th Anti-Money Laundering Directive – AMLD6) and any subsequent EU regulatory framework in the area of AML that comes into effect, as well as the relevant Czech AML legislation (Act No. 253/2008 Coll.).

11.2 Know Your Customer (KYC)

KYC verification procedures are aimed at:

11.2.1 Establishing an effective system for the identification and verification of prospective Customers.

11.2.2 Reducing the risk of money laundering through the collection and analysis of relevant information.

11.2.3 Identifying suspicious transactions through the detection of discrepancies in the information provided.

KYC verification must be performed exclusively by the account holder in person. Attempts by multiple individuals to verify a single account are strictly prohibited. In the event of a breach, the Provider reserves the right to immediately terminate the account.

11.3 Customer Due Diligence (CDD)

CDD is a mandatory process for initiating and maintaining relationships with Contracting Parties. CDD requirements include:

11.3.1 Collection of verifiable identification data to confirm the identity of the Customer.

11.3.2 Understanding the nature and purpose of the Customer's business activities, including their trading strategies and expertise in financial markets.

11.3.3 Ongoing monitoring of trading activities to ensure their compliance with the declared trading strategy, risk profile, and financial capacity.

11.4 Enhanced Due Diligence (EDD)

For business relationships or transactions identified as high-risk by the Provider's risk assessment, enhanced due diligence measures shall be applied beyond the standard CDD requirements. These measures include, but are not limited to:

11.4.1 Requesting additional identity verification documents where standard documentation is insufficient.

11.4.2 Conducting a detailed interview, or by video call as appropriate, for the purpose of assessing the legitimacy of the Customer.

11.4.3 Obtaining a more thorough understanding of the Customer's trading approach in order to ensure compliance with the Provider's risk tolerance and ethical standards.

11.4.4 Implementation of ongoing monitoring of trading activities in order to dynamically assess compliance with agreed procedures and risk parameters.

11.5 KYC Procedures Y3S.app

The Provider shall carry out KYC measures in relation to all proposed transactions and business relationships. General KYC measures include, but are not limited to:

11.5.1 KYC verification is initiated:

(a) upon the Customer's successful completion of all relevant phases of the Challenge, before the granting of Funded Account status;
(b) when selecting a cryptocurrency payment method at checkout, if required by the Provider's AML risk assessment;
(c) upon submission of any withdrawal request, if KYC has not been previously completed.

11.5.2 Provision of two verification methods: by scanning a QR code or by receiving an SMS verification link, with instructions provided based on the chosen method.

11.5.3 Submission of valid photo identification documents, such as: national identity card; passport; driver's licence.

11.5.4 Ensuring that invalid documents are not accepted, where the most current and valid documentation is required for the purposes of verification.

11.5.5 Redirecting the Customer to the 'Contract Signing' phase following the collection of documents, where they must provide their full name, address and agree to the Terms and Conditions. The verification process will then take place, typically within 48 – 72 hours.

11.5.6 Strict compliance with these procedures is required. Provider reserves the right to refuse or terminate any business relationship if the KYC, CDD, or EDD criteria are not satisfactorily met.

11.5.7 Failure to complete the KYC verification process will result in the rejection of the Customer's application for a Y3S Account.

11.5.8 In the event that the Customer has accumulated Performance-Based Rewards in the Funded Account but does not complete KYC verification prior to payout, the following shall apply:

(a) accumulated rewards are suspended for a period of ninety (90) calendar days from the date of receipt of the notice of unsuccessful KYC verification;
(b) the Customer may resubmit documentation for KYC verification during the suspension period;
(c) if KYC verification is not successfully completed within the suspension period and after at least three (3) written contact attempts by the Provider, the Provider may forfeit the accumulated rewards exclusively in cases where: (i) there are reasonable grounds to suspect fraud or misrepresentation of identity; or (ii) applicable AML/KYC legislation requires their forfeiture. In all other cases, the Provider may suspend payouts until the successful completion of KYC verification; however, it may not forfeit accrued rewards solely on the grounds of a delay;
(d) The Provider shall notify the Customer within two (2) business days of any KYC failure affecting eligibility for payout.

11.6 Prohibited Jurisdictions and Sanctions Compliance

11.6.1 Y3S strictly prohibits access to its services by persons or entities located in, or citizens or residents of, jurisdictions subject to international sanctions or other restrictions under applicable laws and regulations.

11.6.2 The following jurisdictions are expressly excluded from accessing or using any Y3S services:

Islamic Republic of Iran; Democratic People's Republic of Korea (North Korea); Republic of the Union of Myanmar; Syrian Arab Republic; Cuba; Republic of Belarus; Russian Federation; Crimea, Donetsk and Luhansk regions of Ukraine; Venezuela; Afghanistan; Central African Republic; Democratic Republic of the Congo; Libya; Mali; Somalia; South Sudan; Sudan; Yemen; Zimbabwe.

11.6.3 This list is subject to updates in accordance with applicable international sanctions, including, but not limited to, those issued by the United Nations, the European Union, the United States, or the relevant national authorities. Y3S reserves the right to amend this list at any time without prior notice.

11.6.4 Y3S will screen all Contracting Parties and transactions against updated sanctions lists in order to ensure ongoing compliance with regulatory requirements.

11.6.5 The Customer represents and warrants that they are not listed on any sanctions list maintained by the United Nations, the European Union (including the EU Consolidated Financial Sanctions List), the United States of America (including the OFAC SDN List), or the United Kingdom.

11.6.6 The Customer is obliged to immediately notify the Provider in the event of any change to their sanctions status or upon becoming aware of any potential sanctions-related issues.

The Provider may cancel an order only in the event that:

(a) a material error in the price or description has occurred;
(b) the payment cannot be verified or has been declined;
(c) KYC/AML verification fails or cannot be completed;
(d) The Customer is located in a prohibited jurisdiction pursuant to Article 11.6.

If any discrepancies or deficiencies occur within the Service – for example, in connection with account data, transactions, or Service features – the Customer is obliged to report such matters to the Provider without undue delay. Timely reporting helps ensure that the Provider is able to effectively address and resolve any deficiencies, thereby maintaining the accuracy and integrity of the Service. Customers may report issues and request assistance via the live chat feature available on the dashboard or Website, or by sending an email to ask@y3s.app. The Provider reserves the right to take reasonable corrective measures to address any discrepancies in order to ensure that the Service operates as intended, in accordance with the established Terms.

13.1 Prohibited Trading Practices

13.1. The Customer is prohibited from executing any trades that are contrary to the provisions set out in this Article or in the FAQ section. Any trades in violation of these provisions are strictly prohibited. The Customer is obliged to comply with the rules and instructions set out in this Article, as well as the rules established in the FAQ section when using the Services. For the avoidance of doubt, where the FAQ is published on the Website, it shall form an integral part of these Terms and Conditions and shall be binding on the Customer to the extent that it does not contradict or extend the prohibitions set out in this Article.

13.1.1

The Customer must not, whether intentionally or unintentionally, employ trading strategies that exploit errors in the Services, such as inaccuracies in displayed prices or delays in their updates, including, but not limited to, practices commonly referred to as Latency Trading or High-Frequency Trading.

“High-Frequency Trading” (HFT) means any automated trading strategy that:

(a) executes a high number of trades within very short time intervals (typically milliseconds to seconds);
(b) uses algorithms to exploit small price discrepancies;
(c) generates more than fifty (50) trades or one thousand (1,000) messages on the server per day;
(d) maintains positions for a duration of less than one hundred and twenty (120) seconds on a daily average (calculated as the arithmetic mean of the durations of all positions within a single trading day; if the Provider calculates the average over a different period, this will be stated in the Dashboard or FAQ prior to the commencement of the relevant period).

13.1.2

The Customer is prohibited from executing trades through an external or delayed data source or from carrying out gap trading.

13.1.3

It is prohibited to engage, whether independently or in cooperation with other persons, in any trades or combinations of trades on linked accounts or accounts maintained within the Platform, if their purpose is the manipulation of trading, commonly referred to as “Group Trading”. Examples of such manipulation include, but are not limited to, the simultaneous entry into opposing positions.

“Group trading” includes any coordinated trading activity between two or more accounts, whether owned by the same person or different persons, the purpose of which is:

(a) securing positions across accounts;
(b) sharing profits or losses;
(c) circumventing risk management rules;
(d) manipulating the results of challenges in any other manner.

13.1.4

The Customer is prohibited from using any software, artificial intelligence, ultra-high-speed trading, high-frequency trading, or mass data entry that could manipulate or abuse the Provider's systems or Services, or provide an unfair advantage.

13.1.5

The Customer is prohibited from engaging in arbitrage (of any kind), including, but not limited to, triangular arbitrage, statistical arbitrage, latency arbitrage, market-making arbitrage, geographical arbitrage, pairs trading arbitrage, risk arbitrage, convertible arbitrage, volatility arbitrage, dividend arbitrage, tax arbitrage, yield curve arbitrage, or any other form of arbitrage that may exploit price differences between different markets or exchanges.

13.1.6

The Customer is prohibited from using strategies that guarantee the execution of limit orders during periods of low liquidity, as such practices do not reflect real market conditions and are therefore inconsistent with the realistic trading simulation standards maintained by the Provider.

13.1.7

The Customer is prohibited from executing trades that are contrary to typical operations on the cryptocurrency market or on any other financial market. The Customer must also avoid any activities that may cause financial or other harm to the Provider, including, but not limited to, excessive leverage, excessive exposure, one-sided betting, grid trading, tick scalping, or account rolling (the gradual transfer of funds between accounts). Engaging in any of these or other similar activities may raise legitimate concerns regarding the intentional infliction of harm upon the Provider.

Definition: “Martingale Strategy” means any trading approach that involves doubling (or otherwise significantly increasing) the position size after losses with the expectation of recovering all previous losses and achieving a profit, thereby creating an exponentially growing risk exposure.

Definition: “Grid Trading” means the placing of buy and sell orders at set intervals above and below a specified price, thereby creating a network of orders that generate profit based on price fluctuations, regardless of market direction.

13.1.8

The Customer is prohibited from engaging in copy trading, whereby trades mirror or replicate the trading activities of other traders or entities without the prior consent of the Provider.

13.1.9

The Customer, as well as any third party, is prohibited from participating in arrangements or cooperating with a third party for the purpose of executing trades on behalf of the Customer, regardless of whether such third party is a private individual or a professional, and from allowing any third party access to or trading on their Y3S Challenge Account.

“Account Management Services” include any arrangement whereby a person other than the registered account holder:

(a) accesses the trading platform;
(b) places, modifies, or closes trades;
(c) makes trading decisions;
(d) provides trading signals for direct execution, regardless of whether this is done for remuneration or gratuitously.

13.1.10

The Customer is prohibited from accessing any third-party Y3S Challenge Account, trading on behalf of any third party, or providing any account management Services or similar services under which the Customer undertakes to trade, operate, or manage a Y3S Account on behalf of another user, regardless of whether acting in a professional capacity or otherwise.

13.1.11 Disproportionate Position Sizing

The Customer is prohibited from opening positions whose size deviates substantially from the Customer's established trading pattern, specifically:

(a) any individual position size that exceeds five times (5x) the median position size of the Customer's last thirty (30) trades on the account, where such deviation is not consistent with a documented and stable per-trade risk approach (for example, approximately two percent (2%) of the account balance per trade, as set out in Article 18.2.2); and/or
(b) repeated alternation between very small positions and very large positions (including minimum size positions and near-maximum size positions), which is primarily intended to circumvent risk limits or assessment rules, rather than to manage actual market risk; and/or
(c) patterns in which the Customer substantially increases position size only following a series of losses or immediately before reaching profit targets, in a manner that is inconsistent with the Customer's prior risk profile and which the Provider reasonably considers to constitute gambling behaviour rather than controlled risk management.

For the avoidance of doubt, a gradual and transparent increase in position size that remains anchored to a consistent percentage risk per trade relative to account growth shall not, in and of itself, be deemed a violation of this provision.

13.1.12 Excessive Risk Strategies

The Customer is prohibited from using trading strategies that involve:

(a) the use of margin exceeding eighty percent (80%) of the available margin on a single position;
(b) leverage exceeding the maximum leverage established for the relevant Challenge type in the Dashboard or Client Section;
(c) any strategy that, by its intent, exposes the account to a risk of loss exceeding four percent (4%) of the account balance in a single trade (calculated as the potential loss from entry to stop-loss, including spreads, commissions, and reasonable slippage as determined by the Provider with regard to typical market conditions for the relevant instrument).

For the avoidance of doubt, the risk parameters set out in Article 18.2 apply cumulatively to the restrictions referred to in this provision.

13.1.13 Trading restrictions during news releases

The Customer is strictly prohibited from executing any new trade or closing any existing trade on the target instruments within two (2) minutes before and two (2) minutes after the release of high-impact macroeconomic news announcements. Any profits generated from trades executed within this restricted time window will be deducted from the account balance. Repeated violations will be deemed a material breach of these Terms and Conditions and will result in the immediate termination of the account. This restriction does not apply to Customers who hold an account type “Swing Account”, which explicitly permits trading during news releases.

13.1.14 Holding positions over the weekend

Unless explicitly permitted for specific account types, all positions must be closed before market close on Friday. Holding positions over the weekend exposes the account to gap risk and is generally prohibited unless explicitly stated otherwise.

13.1.15 Toxic order flow

“Toxic order flow” means any trading pattern that systematically exploits latency, price feed behaviour, or infrastructure vulnerabilities of the execution venue or the Provider's systems, rather than ordinary market volatility or standard trading activity. This includes, in particular, but not exclusively:

(a) latency arbitrage or similar strategies that consistently profit from micro-delays between quote updates and their execution;
(b) ultra-high-frequency tick scalping patterns that generate a significantly above-average execution advantage compared to ordinary market participants over an extended continuous period;
(c) any other conduct which the Provider, acting reasonably and in good faith, assesses as an attempt to 'game' the simulated execution rather than assuming genuine market risk;
(d) the use of third-party tools, data sources, or mirrored order flows designed primarily to exploit price discrepancies or latency differentials between trading platforms.

The presence of Toxic Order Flow does not automatically result in account termination; is however grounds for manual review of the account, adjustment or cancellation of trades and related performance results (including profits), and where appropriate, for the rejection or cancellation of performance-based rewards, payouts, or Funded Account status, with the aim of protecting the integrity of the evaluation environment.

13.1.16 Minimum Trade Duration (Scalping)

The Customer is prohibited from executing trades with a duration of less than fifteen (15) minutes. Any trade opened and closed within a time frame of less than fifteen (15) minutes shall be classified as prohibited “Scalping” and shall be deemed a breach of these Terms.

Exception: Trades closed within fifteen (15) minutes as a result of the activation of a Stop Loss (SL) or Take Profit (TP) order are exempt from this rule, provided that such trades do not exceed twenty percent (20%) of the Customer's total trades in any rolling thirty-day (30) period. If this threshold is exceeded, the Provider may, acting reasonably, reclassify the excess trades as violations of the Scalping rules.

13.1.17 Review of short-term trades

Trades with a duration of between fifteen (15) and thirty (30) minutes are subject to review by the Provider if they exceed fifty percent (50%) of the Customer's total trades in any rolling seven-day (7) period. Although not automatically prohibited, the Provider may review such trades. If the Provider determines, on the basis of objective trading data (including, but not limited to, entry/exit timing, position size patterns, and profit/loss distribution), that the Customer is using these short-term trades to circumvent the Minimum Trade Duration rule (13.1.16) or to exploit market inefficiencies rather than demonstrating genuine trading competence, such trades may be invalidated or the account may be subject to the escalating enforcement measures set out in Article 13.2.

13.2 Trading Restrictions and Account Measures

13.2.1 General Principle

The Provider may impose trading restrictions, adjust account parameters, or terminate trading accounts only for documented and legitimate reasons set out in this Article. The Provider may not exercise these rights arbitrarily and is obliged to act reasonably and in good faith.

13.2.2

The Provider may take a measure under this Article if, on the basis of objective and verifiable evidence, it determines that the trading strategy, behaviour, or a specific trade (trades) of the Customer presents a risk deemed excessive or unmanageable under current market conditions, and that such risk could adversely affect the Provider or its customers.

13.2.3

The Provider may take measures if it is determined that trading practices are incompatible with standard market operations or with the Provider's published risk management policies, including but not limited to the use of leverage exceeding published limits, excessive exposure surpassing the parameters set out in Article 18, or strategies that could potentially disrupt the operation of the Platform.

13.2.4

The Provider may take measures if material discrepancies arise in trading patterns, such as a deviation exceeding the threshold values specified in Article 13.1.11 from the Customer's historical trading behaviour, or if the Customer's trading behaviour materially deviates from the rules established in this Article and in Article 18.

13.2.5

The Provider may take measures if the Customer's trading activities could lead to financial harm or operational disruption on the side of the Provider or any third parties.

13.2.6

The Provider may impose restrictions in order to ensure compliance with applicable regulatory requirements, operational protocols, or published internal guidelines designed to maintain a secure trading environment.

13.2.7 Progressive application of sanctions

Unless immediate account termination is justified by fraud, false identification, or breach of sanctions regulations, the Provider shall apply the following progressive approach:

(a) First violation: Written warning via email and/or notification on the Platform (Dashboard), stating the nature of the violation and the required corrective action;
(b) Second violation (within 90 days of the first): Temporary suspension of trading (for up to 7 days) with a written explanation;
(c) Third violation (within 90 days of the second): Account termination with a written explanation and reference to the appeal procedure under Article 13.3.2.

In the event of serious violations (including, but not limited to, coordinated fraud, identity theft, or systematic exploitation of Platform vulnerabilities), the Provider may proceed directly to account termination, provided that a written justification is communicated to the Customer within five (5) business days of the enforcement of such measure.

13.3 Transparency and Review

13.3.1 Notification

The Provider shall notify the Customer in writing (by email to the registered email address and/or via the Platform) of any trading restriction, account modification or account termination within five (5) business days of the implementation of such measure, stating:

(a) the specific provision of these Terms and Conditions that was breached;
(b) a description of the relevant trading activity or trading pattern;
(c) the evidence relied upon (including relevant trading records, where applicable);
(d) the measure taken and the date of its entry into force;
(e) information on the Customer's right to submit an appeal pursuant to Article 13.3.2.

In cases where immediate action is required to protect the integrity of the platform (including suspicion of fraud or ongoing misuse of the system), the Provider may implement restrictions prior to sending a notification, provided that such notification shall be sent within five (5) business days.

13.3.2 Appeals Procedure

The Customer may submit a written appeal within fourteen (14) calendar days of receiving the notification pursuant to Article 13.3.1. The appeal shall be submitted by email to the designated support address published on the Website. The Provider:

(a) shall confirm receipt of the appeal within three (3) business days;
(b) shall assess the appeal in good faith, taking into consideration all evidence submitted by the Customer (including, but not limited to, screen recordings, trading logs, and alternative explanations of the flagged activity);
(c) will issue a final written decision within thirty (30) calendar days of receipt of the appeal, setting out the reasons for the decision;
(d) if the appeal is upheld, the Provider shall reinstate the Customer's account and/or lift any sanctions within five (5) business days of the decision.

The Provider's decision on the appeal is final. Nothing in this clause affects the Customer's right to seek redress under applicable consumer protection law, nor the right to initiate alternative dispute resolution proceedings.

13.3.3 Limitation of Liability

The Provider shall not be liable for any losses arising as a result of restrictions or termination imposed in good faith and in accordance with these Terms, except where such actions are the result of the Provider's gross negligence (gross negligence) or intentional wrongful conduct (intent). Nothing in this clause excludes or limits any liability that cannot be excluded or limited under applicable mandatory law, including, but not limited to, the Czech Civil Code and applicable EU consumer legislation.

13.4 Cross-Account Enforcement

If any or all of the Prohibited Trading Practices are carried out on one or more of the Customer's Y3S Challenge accounts or on the accounts of different Customers, or by a combination of trading through Y3S Challenge accounts and any Y3S accounts, the Provider is entitled to discontinue all Services and terminate all relevant contracts in relation to all of the Customer's Y3S Challenge accounts, subject to the notification and appeal procedures set out in Article 13.3. The Provider may take any of the measures referred to in Article 13.2 in accordance with the principles of proportionality and graduated enforcement (Article 13.2.7). In such a case, the Customer shall not be entitled to a refund of fees paid, unless the Customer successfully lodges an appeal against the decision pursuant to Article 13.3.2.

13.5 Repeated Violations

If the Customer repeatedly engages in any of the practices described in Article 13.1 and the Provider has previously notified them thereof in accordance with Article 13.3.1, the Provider may deny the Customer access to all or part of the Services, including access to the Dashboard and trading platform, without any compensation.

The Provider does not warrant that the Customer’s use of the Service will be error-free, timely, secure, or uninterrupted. The Provider also does not guarantee that the results obtained through the use of the Services will be accurate or reliable. The Customer acknowledges that the Provider may suspend or terminate the provision of the Services in accordance with the notification requirements set out in Article 4. The Customer agrees that the use of the Services, as well as the inability to make use thereof, is solely at the Customer’s own risk. The Services and all products and services provided through the Provider’s Services are offered “as is” and “as available”, without any warranties, guarantees, or conditions of any kind, whether express or implied. This includes all implied warranties or conditions regarding merchantability, quality, fitness for a particular purpose, durability, title, and non-infringement of third-party rights.

Nothing in this Article excludes or limits the liability of the Provider for:

(a) Performance-Based Rewards to which the Customer is entitled upon the objective fulfilment of all conditions pursuant to Article 18;
(b) the refund of payments to which the Customer is entitled pursuant to Article 19;
(c) death or personal injury caused by negligence;
(d) fraud or fraudulent misrepresentation;
(e) any other liability that cannot be excluded under applicable mandatory consumer protection law.

14.1 Maximum Liability Cap

The liability cap set out in this Article does not apply to:

(a) Performance-Based Rewards to which the Customer is entitled upon the objective fulfilment of all conditions pursuant to Article 18;
(b) refund of payments pursuant to Article 19;
(c) liability that cannot be limited under applicable mandatory law.

With the exception of the cases set out in Article 14.2, the total liability of the Provider to the Customer for all claims arising out of or in connection with these Terms and Conditions shall not exceed the greater of the following amounts: (a) the total amount of fees paid by the Customer to the Provider during the twelve (12) month period immediately preceding the event giving rise to the claim, or (b) the amount of three hundred euros (300 EUR).

14.2 Preservation of Consumer Rights (EU/EEA Customers)

No provision of these Terms limits or excludes liability, including liability for:

(a) death or personal injury caused by negligence;
(b) fraud or fraudulent misrepresentation;
(c) any liability that cannot be limited under Directive 93/13/EEC on unfair terms in consumer contracts or applicable Czech consumer protection law.

Since certain states or jurisdictions do not permit the exclusion or limitation of liability for consequential or incidental damages, in such jurisdictions the Provider’s liability shall be limited to the maximum extent permitted by applicable law.

The Customer undertakes to indemnify the Provider, its parent company, subsidiaries, affiliated entities, partners, officers, directors, agents, contractual partners, licensors, service providers, subcontractors, suppliers, interns, and employees, and to hold them harmless from any claims or demands, including reasonable legal fees, asserted against them by any third party arising out of or in connection with the Customer’s breach of these Terms and Conditions, any referenced documents, or the Customer’s violation of any law or the rights of any third party.

15.1 Duration of the Indemnification Obligation

This indemnification obligation shall remain in force even after the expiration of these Terms and after the Customer discontinues use of the Services.

If any part of these Terms and Conditions is found to be unlawful, invalid, or unenforceable, said provision shall be enforceable to the maximum extent permitted by applicable law. The unenforceable part shall be deemed severed from these Terms, without affecting the validity and enforceability of the remaining provisions.

16.1 Replacement of Invalid Provisions

If any provision is found to be invalid or unenforceable, the parties shall negotiate in good faith to replace it with a valid and enforceable provision that, to the greatest extent possible, fulfils the original intent and economic effect of the invalid provision.

This Article governs the rights and obligations of the Provider and the Customer in relation to Platform errors, technical errors and service outages. Establishes a framework for reporting, investigating, remedying, and the consequences of the intentional exploitation of Platform errors.

16A.1 Definitions

For the purposes of this Article:

(a) “Critical Error” means a malfunction of the Platform that directly affects the outcome of Challenges, including, but not limited to: incorrect P/L calculation, incorrect evaluation of daily loss or maximum total loss rules, failure to execute Stop-Loss or Take-Profit, unexplained disappearance of an open position, or incorrect marking of Challenges as FAILED.
(b) “Non-Critical Error” means a malfunction of the Platform that does not directly affect the outcome of Challenges, but may have an impact on user experience, including, but not limited to: errors in the display of the user interface, notification delivery failures, language display issues, errors in the dashboard layout, or chart loading failures.
(c) “Service Outage” means a temporary inability to access or use the Platform, or any substantial part thereof, caused by a server outage, infrastructure failure, unavailability of third-party API interfaces (including market data providers), or network issues on the part of the Provider.
(d) “Technical Error” means any software defect, fault, or unintended behavior of the Platform that deviates from the intended functionality described in these Terms, in the FAQ section, and in the Challenge rules.
(e) “Exploit” refers to the intentional and deliberate use of a technical error for the purpose of gaining an advantage, circumventing the Challenge rules, manipulating trading results, or obtaining a payout or other benefit to which the Customer would not otherwise be entitled.

16A.2 Obligations of the Provider

16A.2.1 Critical Errors – Remedies. If the Provider confirms that a Critical Error has occurred which materially affected the Customer’s Challenge, the Provider shall, in accordance with the Customer’s statutory rights and depending on the nature and severity of the error, offer one or more of the following remedies:

(a) restart of the affected phase of the Challenge from the moment the error occurred, with the same parameters;
(b) extension of the Challenge time limit by a period corresponding to the duration of the interruption;
(c) full or partial refund of the Challenge fee;
(d) processing of the payout in the event that the Challenge was completed, however the payout was not activated due to the relevant error.

16A.2.2 Investigation Period. The Provider shall investigate each reported Critical Error and provide the Customer with a response within 72 hours of receiving the report. The investigation is based on server logs and records maintained by the Provider.

16A.2.3 Non-Critical Errors. Non-critical errors do not entitle the Customer to any refund, restart, or compensation. The Provider shall make reasonable efforts to ensure the timely resolution of reported Non-Critical Errors; however, it does not guarantee specific deadlines for their resolution.

16A.2.4 Service Outages. In the event of a Service Outage lasting more than 30 continuous minutes during business hours, which affects the Customer’s ability to manage open positions or complete a Challenge:

(a) The Provider shall notify the affected Customers without undue delay, as soon as reasonably practicable;
(b) The Provider shall extend the Challenge time limit by at least a period corresponding to the duration of the outage;
(c) if the outage directly caused the failure to complete the Challenge (e.g., inability to close a position prior to breaching the drawdown limit), the Provider shall offer a restart of the affected Phase or pro-rata compensation in accordance with applicable consumer protection law.

16A.3 Known Technical Limitations

The Customer acknowledges and accepts the following technical characteristics of the Platform:

16A.3.1 Execution of SL/TP. Stop-Loss and Take-Profit orders are monitored on the server side. Although an order is triggered at exactly the SL/TP price set by the Customer, the actual simulated execution will occur at the first available market price following its triggering, which may result in a positive or negative slippage due to simulated market liquidity and volatility. In rare cases (e.g., unavailability of the market data provider), a delay in the detection of SL/TP may occur.

16A.3.2 Market Data. Market data is sourced from third-party providers via WebSocket. The Provider shall not be liable for any temporary unavailability, delays, or inaccuracies in market data caused by a third-party provider. During data provider outages, position monitoring may be temporarily suspended.

16A.3.3 Simulated Execution. All trading is simulated. The Platform simulates realistic market conditions, including variable spreads and potential slippage. Execution conditions may differ from those on live markets.

16A.3.4 WebSocket Connection. The platform uses WebSocket connections for real-time data delivery. In the event of a connection loss, the client application will automatically attempt to reconnect. Server-side position monitoring (including SL/TP evaluation and rule compliance checks) operates independently of the client application’s connection status.

16A.3.5 Payout Processing. Payouts are processed manually by the Provider following verification that the Challenge conditions have been met. Payout processing times may vary. The Provider shall process legitimate withdrawals within a reasonable timeframe, typically within 14 business days of verification.

16A.3.6 Client-Side Storage. The main dashboard layout, chart settings, and other user interface preferences are stored locally on the Customer’s device (browser local storage). Clearing browser data or changing devices will result in the loss of these settings. The Provider does not back up data stored on the client side.

16A.4 Customer Obligations

16A.4.1 Duty to Report. The Customer is obliged to report to the Provider any technical error, mistake, or Service Outage without undue delay upon becoming aware of it. Reports shall be submitted via: (a) the Bug Report feature in the Client Section / on the main dashboard; or (b) by email to ask@y3s.app. Each report should include, to the greatest extent possible: a description of the issue, the time of its occurrence, the affected trading pair(s) or position(s), screenshots or screen recordings, and the Customer’s account ID.

16A.4.2 Prohibition of Abuse. The Customer must not:

(a) intentionally exploit any technical error, malfunction, or unintended behavior of the Platform in order to gain an unfair advantage, circumvent the rules of Challenges, or manipulate trading results;
(b) repeatedly trigger a known technical error with the intent to benefit from its effects;
(c) conceal or fail to report a technical error from which the Customer is actively deriving a benefit;
(d) share information about a technical error with third parties for the purpose of enabling its exploitation.

Intentional exploitation of a technical error constitutes a Prohibited Trading Practice within the meaning of Article 13.

16A.4.3 Consequences of Exploitation. If the Provider, on the basis of server logs and objective evidence, determines that the Customer has intentionally exploited a technical error, the Provider may:

(a) declare void any trades executed through the exploitation of a technical error;
(b) void any Challenge results obtained through abuse;
(c) withhold or recover any payment arising from abuse;
(d) terminate the Customer’s account in accordance with Article 17;
(e) deny the Customer access to future Services.

In serious cases, intentional abuse may lead to legal action, including civil claims on the grounds of unjust enrichment and reporting of the matter to the competent law enforcement authorities on suspicion of criminal liability under applicable law.

16A.5 Protection of Good-Faith Reporting

The Customer must not be sanctioned for the good-faith reporting of a technical error. If the Customer discovers a technical error and reports it promptly without intentional misuse, the Provider:

(a) shall impose no penalty or restriction, nor take any measure against the Customer’s account, solely on the basis of such report;
(b) shall investigate the reported issue and take reasonable steps toward its resolution;
(c) where the technical error has affected the Customer’s Challenge, shall offer a reasonable remedial measure in accordance with Section 16A.2.

16A.6 Evidence and Record-Keeping

16A.6.1 The Provider maintains server logs of all trading activities, including trade execution, profit and loss calculations, rule evaluations, balance updates, and position changes. These records shall constitute the primary evidence for the resolution of disputes.

16A.6.2 In the event of a dispute concerning a technical error or a Platform error, the Provider shall make the relevant excerpts from the logs available to the Customer upon a reasoned request, subject to the Provider’s obligation to protect the confidential information and personal data of other users.

16A.6.3 The Provider retains the relevant records for a minimum period of 30 days from the date of occurrence of the event. In the event of an active dispute, a chargeback request, or a suspicion of exploitation of a technical error, however, the Provider retains the relevant records and documentation until the matter has been fully and finally resolved with legal force.

16A.6.4 The Customer is advised to maintain their own documentation (screenshots, screen recordings, a trading journal) as supplementary evidence. Client-side evidence may be used to support server-side records, but not to replace them.

16A.7 Limitation of Liability

16A.7.1 The total liability of the Provider for all claims arising from technical errors, faults, or Service Outages under this Article shall not exceed the total amount of fees paid by the Customer for the specific Challenge concerned, or the amount stipulated in Article 14.1, whichever is the greater.

16A.7.2 The Provider shall not be liable for losses caused by:

(a) the Customer’s failure to report a known technical error;
(b) misuse of a technical error by the Customer;
(c) outages of third-party services that are beyond the reasonable control of the Provider; or
(d) the Customer’s failure to perform adequate maintenance of their own device, software, or internet connection in accordance with the Technical Requirements.

16A.7.3 Nothing in this Article limits liability that cannot be limited under applicable law, including liability for wilful misconduct, gross negligence, or statutory consumer protection rights under Directive 2019/770 and the Czech Civil Code.

All obligations and duties arising prior to the date of termination shall remain in force even after the termination of this agreement. These Terms and Conditions shall remain in force until terminated by the Customer or the Provider. The Customer may terminate these Conditions at any time by notifying the Provider that they no longer intend to avail themselves of the Services, or by ceasing to use this website. The Provider may terminate this agreement in accordance with the progressive enforcement and notification procedures set out in Article 13. In cases of serious or fraudulent breaches, immediate termination without prior notice remains permissible, as set out in Article 13.2.7. Upon termination, the Customer remains liable for all payments due up to and including the date of termination, and the Provider may deny the Customer access to the Services.

17.1 Effects of Termination

Upon termination:

(a) all licences and rights granted to the Customer shall immediately cease;
(b) the Customer must cease any use of the Services;
(c) any outstanding fees shall become immediately due and payable;
(d) provisions that by their nature should survive termination shall remain in force, including, but not limited to: limitations of liability, indemnification, governing law, and dispute resolution provisions.

18.1 Challenge Offerings and Their Sizes

The Provider offers trading challenges in various sizes and types (hereinafter referred to as “Challenge Sizes” or “Challenge Packages”). Current prices and specific parameters for each type of Challenge — including virtual account size, profit split, drawdown limits, minimum trading day requirements, profit targets, and other parameters — are displayed in real time on the Website and upon order completion. The Provider is entitled at any time and without prior notice to: (a) change the prices of existing Challenge Packages, (b) add new types of Challenge Packages, (c) remove existing types of Challenge Packages from the offering, (d) modify the parameters of Challenge Packages for future purchases, and (e) create time-limited promotional pricing campaigns. The Customer is bound exclusively by those parameters that were displayed upon order completion and confirmed by the Customer during the purchase process (“Purchase Parameters”); these shall remain unchanged after the Challenge is activated, except in cases stipulated in Article 4 or Article 23.

All prices are stated exclusive of VAT. Customers residing in EU member states will be charged VAT at the applicable rate in accordance with the One-Stop Shop (OSS) scheme under Directive 2006/112/EC, which will be displayed upon order completion prior to its confirmation.

18.1.1. All Challenge sizes relate exclusively to virtual/simulated capital and do not represent actual monetary value or investment capital.

18.2 Risk Management Parameters

18.2.1. Stop Loss Restrictions. The applicable drawdown limits for each Challenge type are set out in the Challenge specifications displayed on the Website and in the Dashboard. Unless otherwise specified for the relevant Challenge type, the following default parameters shall apply:

The Customer acknowledges and agrees that their participation in any Challenge will be terminated upon breach of the following risk parameters:

(a) Maximum Drawdown: A maximum drawdown of eight percent (8%) of the initial account balance (i.e., the balance at the time of commencement of the Challenge). It is calculated as the difference between the highest account balance achieved during the Challenge and the current account equity, and is measured in real time.
(b) Maximum Daily Loss: A maximum daily loss of four percent (4%) of the Marginal Balance, calculated at the beginning of each trading day (00:00 UTC).

Definition: “Marginal Balance” means the higher of the following values: (i) the account balance at the beginning of the trading day (00:00 UTC) or (ii) the account equity at the beginning of the trading day (00:00 UTC). The daily loss is measured as the decline from the Marginal Balance to the lowest point of account equity reached during the given trading day.

Termination pursuant to this provision is automatic and does not require prior notice, as it is triggered by objective, system-monitored parameters. The Customer shall receive notification via email and the Dashboard within twenty-four (24) hours of termination, including the specific parameter that was breached and the relevant values. The Customer may lodge an appeal against such termination under Article 13.3.2 if they believe the breach was caused by a Platform error or miscalculation.

18.2.2. Position Size Restrictions. The Customer is prohibited from opening any position where the risk exceeds two percent (2%) of the account balance at the time the position is opened.

Definition: “Risk” for the purposes of this provision means the maximum potential loss calculated as: (entry price – stop-loss price) × position size, including estimated spreads and commissions for the relevant instrument. If no stop-loss is set at the time the order is placed, the risk shall, for the purposes of the risk calculation, be deemed equal to one percent (1%) of the account balance. This provision does not authorize trading without a stop-loss — the obligation to set a stop-loss on every position remains in full force in accordance with Article 18.2.3.

Any violation of this restriction will result in a warning in accordance with the escalating enforcement measures stipulated in Article 13.2.7. Repeated violations (three or more within seven (7) days) will result in termination of the Challenge.

18.2.3. Use of the Stop-Loss Feature. The Customer is required to set a stop-loss order on every position no later than at the time of order entry. If a position is closed manually without a previously set stop-loss order:

(a) First instance: The Provider shall send a written warning via email and/or a Dashboard notification.
(b) Second instance (within the same Challenge): The Provider shall send a final warning.
(c) Third instance (within the same Challenge): The Challenge will be terminated.

Exception: A position closed manually within five (5) minutes of opening without a previously set stop-loss order shall not be considered a violation, provided that such early closures do not exceed ten percent (10%) of the Customer’s total number of trades during the Challenge.

18.2.4. Use of the Take-Profit Function. The Customer is strongly advised to set a take-profit order for each position. Although the use of take-profit orders is not mandatory, the Provider reserves the right to review accounts on which take-profit orders are consistently absent, as part of an overall assessment of the Customer’s risk management discipline.

For the avoidance of doubt, the mere absence of take-profit orders does not constitute a breach of these Terms and Conditions and shall not result in account termination.

18.2.5. Account Inactivity: The Customer must maintain active trading on their account. If no trade is executed during thirty (30) consecutive calendar days — whether during the Challenge phase or in the funded stage — the account will be classified as inactive. The Provider will notify the Customer by email at least seven (7) days prior to the closure of any inactive account. Following such notification, the Provider reserves the right to close the inactive account. If the Customer has accumulated Performance-Based Rewards satisfying all the Conditions for withdrawal pursuant to Article 18.6 prior to the delivery of the inactivity notice, the Customer may submit a withdrawal request during the (7)-day notice period referred to above. Withdrawal requests submitted after account closure will not be processed. Challenge fees are non-refundable in the event of account termination due to inactivity in accordance with Article 19.

18.2.6. Definitions of Challenge Account Statuses. For the purposes of these Terms and Conditions, the following account statuses apply:

(a) Passed: all requirements of Article 18.3 have been fulfilled; the account advances to the next Phase or to the status of a Funded Account;
(b) Failed: the account was automatically terminated pursuant to Article 18.2.1 or manually terminated pursuant to Article 13.2.7; no refund is due, subject to Article 19;
(c) Reset: the account balance, base drawdown value, and trading day counters have been restored to their initial values; The KYC status and any notices that have already been issued are not affected by the Reset;
(d) Cancelled: the account has been cancelled at the request of the Customer pursuant to Article 19.1 or by the Provider pursuant to Article 12 or 13.4; if the Provider initiates cancellation pursuant to Article 12, a full refund shall be due.

18.3 Minimum Activity and Profitability Requirements

To successfully complete any phase of the Challenge (Phase 1 or Phase 2), the Customer must satisfy the following activity and profitability criteria:

18.3.1. Minimum Number of Trading Days. The minimum required number of trading days may vary depending on the type of Challenge, as specified on the Website and in the Dashboard. Unless otherwise stipulated for the relevant type of Challenge, the default minimum shall be five (5) trading days, as set out below. The Customer shall trade a minimum of five (5) separate trading days.

(a) “Trading Day” means a day on which at least one new position is opened.
(b) In order for a position to be counted for the purposes of this requirement, it must comply with the Minimum Trade Duration rule set out in Article 13.1.16. Specifically, any trade opened and closed in a period of less than fifteen (15) minutes shall not count towards the five (5) trading days requirement.

18.3.2. Minimum Profitable Days. The Customer must achieve a minimum of five (5) Profitable Days during the relevant phase of the Challenge. These days do not need to be consecutive; they may be achieved at any time during the Phase.

(a) Definition: A “Profitable Day” is a trading day on which the net result equals or exceeds 0.5% of the initial account balance.

Example: For a Challenge of EUR 2,500, the minimum daily profit required to qualify as a Profitable Day is EUR 12.50 (0.5% × EUR 2,500).

(b) Calculation: The profit for a specific day is calculated according to the following formula:

Daily Profit = Min(Midnight Balance, Midnight Equity) – Previous Day Balance

where “Midnight Balance” and “Midnight Equity” refer to the respective values at 00:00 UTC.

(c) If the result of this calculation equals or exceeds 0.5% of the initial account balance, that day shall be recorded as a Profitable Day.

18.3.3. Profit Targets. To successfully complete each Phase, the Customer must achieve the following minimum profit targets, calculated as a percentage of the initial account balance:

(a) Phase 1: eight percent (8%) of the initial account balance;
(b) Phase 2: ten percent (10%) of the initial account balance.

The profit target shall be calculated as the difference between the current account balance and the initial account balance at the beginning of the respective phase. The Customer must achieve the profit target while simultaneously complying with all applicable drawdown limits set forth in Article 18.2.1 at all times.

18.3.4. Profit Target of the Funded Account. In Phase 3 (the funded trading stage), the Customer is not subject to a minimum profit target. However, the Customer must comply with the Y3S Funded Score rule set out in Article 18.5.3, pursuant to which the profit for any single trading day must not reach or exceed forty percent (40%) of the Customer’s total profits during the funded period.

18.4 Verification of Challenge Completion

18.4.1. The Provider may require the Customer to undergo a verification process prior to being granted Funded Account status. Verification may only be triggered if the Provider has reasonable grounds to believe that the completion of the Challenge involved:

(a) Toxic order flow as defined in Article 13.1.15;
(b) potential use of third-party trading services or account management services (Articles 13.1.9, 13.1.10);
(c) trading patterns that are materially inconsistent with the Customer’s performance during the Challenge (e.g., a sudden and unexplained change in strategy, position size, or risk profile);
(d) other specific, documented concerns regarding the integrity of the Challenge results.

18.4.2. Verification consists in the completion of one (1) additional Challenge by the Customer under the same parameters and rules. If the Customer fails the verification Challenge, the Provider may require one (1) additional attempt; the total maximum number of verification attempts shall be two (2).

18.4.3. The Customer shall not be charged any additional fee for verification Challenges.

18.4.4. The Provider shall notify the Customer in writing of the reasons for requesting verification prior to the commencement of the verification Challenge. The Customer may lodge an appeal against the verification request in accordance with Article 13.3.2.

18.4A Interview Requirements (if applicable)

18.4A.1. If the Provider requires the Customer to undergo an interview as a condition for access to the Funded Account (pursuant to Article 5.3.1), the Provider shall be obliged to:

(a) give written notice to the Customer at least five (5) business days in advance;
(b) provide written information setting out the criteria and subject matter of the interview prior to the conduct of the interview;
(c) conduct the interview by means of a video call or other documented method.

18.4A.2. The result will be communicated in writing within five (5) business days, with specific reasons provided in the event of a negative outcome.

18.4A.3. If the Customer does not pass the interview:

(a) the Customer may request one (1) repeat interview within thirty (30) calendar days;
(b) the repeat interview will be evaluated according to the same criteria;
(c) if the Customer does not succeed in the repeat interview, the Provider will offer a Phase Reset Voucher in a value corresponding to the fee originally paid for the Challenge, as the sole available remedy.

18.4A.4. The Customer may lodge an appeal against the result pursuant to Article 13.3.2, if the evaluation was conducted in violation of the criteria published pursuant to Article 18.4A.1(b).

18.5 Position Size Rules on the Funded Account

The following position size rules apply exclusively to Phase 3 after the Customer has successfully completed Phase 1, Phase 2, Verification, the Interview, and has entered into the Funded Account Agreement pursuant to Article 5.2.5.

18.5.1. Maximum Position Size. For one-step and two-step Challenges, the maximum position size per individual trade is twice (2×) the purchased account size (e.g., a EUR 2,500 account permits up to EUR 5,000 per trade). For Instant Funding Challenges, the maximum position size per individual trade is equal to the purchased account size (1×). Position size is calculated as the total notional value of a single trade, inclusive of leverage.

Violation of this rule will result in a warning being sent via email and through the Dashboard. If the position(s) are not adjusted to comply with the specified Conditions within five (5) minutes, the account will be flagged as being in a state of violation. This grace period for a soft violation is granted once per Challenge; any subsequent violation will result in immediate failure of the Challenge.

The Provider shall ensure that the notification is delivered through at least two channels (email and a notification on the Dashboard/Platform), in order to maximize the likelihood of its timely receipt.

18.5.2. Cumulative Exposure Limit. The cumulative exposure limit represents the total nominal value of all open positions on the Customer’s account combined, calculated as the sum of the nominal values (position size multiplied by the current market price) of each open position, without netting of hedged or offsetting positions.

(a) For Challenge accounts (including the Evaluation, Verification, and Funded Trader Phases), the maximum cumulative value of open positions must not at any time exceed three times (3×) the account balance. Violation of this rule will result in a warning being sent via email and through the Dashboard. If the position(s) are not adjusted to comply with the specified Conditions within five (5) minutes, the account will be flagged as being in a state of violation. This grace period for a soft violation is granted once per Challenge; any subsequent violation will result in immediate failure of the Challenge.

The Provider’s Platform records and calculations of nominal exposure and account balance are binding for the purposes of this rule, except in the case of manifest error. In the event of a dispute concerning a calculation, the Customer may request a review pursuant to Article 13.3.2, and the Provider shall provide the relevant trading records and calculation methodology within five (5) business days of receipt of the request. The reporting requirements under Article 18.5.1 apply equally to this provision.

18.5.3. Y3S Funded Score. Y3S Funded Score is a rule applied exclusively in the funded phase. The profit for any single trading day must not reach or exceed forty percent (40%) of the Customer’s total profits during the funded period. If any trading day records a profit equal to or exceeding forty percent (40%) of total profits, the Funded Account remains active; However, the Customer must continue trading until the profit attributable to that individual trading day represents less than forty percent (40%) of total profits, whereupon withdrawals may be processed only after this condition has been satisfied.

For the purposes of this rule: (i) “trading day” means 00:00–23:59 UTC; (ii) “profit” means the realised net profit (after spreads, commissions, and swaps) derived exclusively from closed positions; (iii) “total profits” means the aggregate of all realised net daily results during the funded period (i.e. the total net profit of the account, comprising only profitable days); (iv) “funded period” means the period commencing from the last account reset following a payout, or from the activation of Phase 3 if no payout has yet been made, until the submission of a withdrawal request; and (v) if a withdrawal request is pending, the calculation shall be performed as of the moment of submission of such request.

The Provider’s Platform records shall be authoritative for the purposes of this rule, unless a manifest error is demonstrated. The Provider shall make available in the Dashboard a real-time indicator of the Customer’s current Y3S Funded Score in order to ensure full transparency of payout eligibility at all times.

This rule does not result in an account breach or its termination; affects only the eligibility for payout until the settlement of the profit distribution.

18.6 Payout Policy from the Funded Account (Payouts — Phase 3)

18.6.1. Applicability. The provisions of this Article apply exclusively to Phase 3 — the active phase of funded trading, which commences upon the successful completion of Phase 2, the Datacheck review (business verification of trading data), the interview, and the conclusion of the Funded Account Agreement pursuant to Article 5.2.5. Performance-Based Rewards are not payable during Phase 1 or Phase 2.

18.6.2. Frequency of Payouts. The Customer is entitled to request their first payout no earlier than fourteen (14) calendar days from the date of placing the first trade in Phase 3. The Customer is entitled to submit subsequent payout requests on a bi-weekly basis (every fourteen (14) calendar days), provided that all Conditions set out in Article 18.6.3 are met.

18.6.3. Conditions for Payout Request. For a payout request to be valid, ALL of the following conditions must be met at the time of submission:

(a) no breach of the daily loss limit (4%) or the Maximum Drawdown (8%) within the meaning of Article 18.2.1;
(b) no ongoing breaches of trading rules, including trading during news releases (Article 13.1.13), excessive position volume, or hedging;
(c) all trading positions closed — no open trades or pending orders at the time of filing the request;
(d) the total closed net profit exceeds 0.5% of the account balance, which is sufficient to cover the applicable Platform fees;
(e) a minimum of two (2) Profitable Days has been achieved, each reaching a net result of at least +0.5% of the account balance within the meaning of Article 18.3.2;
(f) the Consistency Rule is satisfied — the profit from no single trading day equals or exceeds 40% of total profits within the meaning of Article 18.5.3;
(g) KYC verification has been completed in accordance with Article 11;
(h) the account has not been inactive for thirty (30) or more consecutive calendar days, as stipulated in Article 18.2.5.

18.6.4. Minimum withdrawal limits. The minimum payout amount that can be requested is:

(a) €50 (or equivalent) for cryptocurrency withdrawals;
(b) €20 (or equivalent) for standard bank transfers.

If the Customer’s profit share does not meet the applicable minimum limit, the profit remains in the account and may be paid out in the next payout cycle once this limit is reached.

18.6.5. Payout methods and fees. Payouts may be made via bank transfer or cryptocurrency (USDC). Cryptocurrency transaction fees of 1–3% are borne by the Customer.

18.6.6. Deduction of Profit for Violations. Any profit achieved during the violation window — including, but not limited to, the restricted news trading window pursuant to Article 13.1.13 — shall be deducted from the account balance prior to the processing of any withdrawal request.

18.6.7. Reset Following Withdrawal. Following each approved withdrawal, the balance of the Customer’s funded account shall be reset to the initial balance of the Funded Account and all drawdown limits shall be recalculated from the reset balance. The Customer may continue trading in Phase 3 immediately after the reset.

18.6.8. Payout Processing Times. The Provider will process approved payout requests within the following indicative timeframes:

(a) 0–5 business days for internal approval;
(b) an additional 0–14 calendar days for bank transfer;
(c) an additional 0–5 calendar days for cryptocurrency transfer.

Processing times may vary due to delays caused by third-party payment service providers that are outside the Provider’s control.

18.6.9. Rejected Withdrawal Requests. If a withdrawal request is rejected, the Provider shall notify the Customer of the reason for the rejection by email within five (5) business days of submitting the request. The Customer may resubmit the corrected request in the next payout cycle.

19.1 Termination by the Customer

If the Customer wishes to terminate their Challenge, Agreement, or cancel the Client Section and/or Trading Platform, they must submit a request to ask@y3s.app. This request expresses the intention to terminate the contractual relationship, resulting in the loss of access to all Services, including the Client Section and the Trading Platform. The Provider will confirm receipt of the contract termination request by email, upon which the contract will be officially terminated. In this situation, the Customer waives any claim to a refund of fees or costs previously paid, except for the Customer's statutory rights of withdrawal under Article 19.3.1 and the payment refund conditions under Article 19.6.

19.2 Material Breaches

If the Customer engages in prohibited activities of a serious nature, the Provider reserves the right to immediately restrict access to all Services and cancel the Customer's account without any right to compensation. This step may be taken without prior notice and no refund will be provided for fees already paid.

19.3 Activation of Services

Upon payment of the Y3S Challenge program, the Customer will receive login credentials. By activating the voucher, the Customer acknowledges that the provision of the digital content service has commenced.

19.3.1 EU Consumer Right of Withdrawal

Customers who qualify as consumers under EU law and are resident in the EU/EEA have the right to withdraw from this agreement within fourteen (14) days without giving any reason (the “withdrawal period”). The withdrawal period shall expire fourteen (14) days from the date of conclusion of the contract. If you wish to exercise your right of withdrawal, you must inform us (UOwn Corporation s.r.o., Vojtěšská 211/6, Nové Město (Praha 1), 110 00 Praha, Czech Republic, ask@y3s.app) of your decision to withdraw from the contract by means of an unequivocal statement (e.g., a letter sent by post or by email).

However, by actively ticking the confirmation checkbox at the moment of voucher activation, you expressly request the immediate commencement of the provision of the digital content service and acknowledge that you thereby forfeit your right of withdrawal from that moment, in accordance with Article 16(m) of Directive 2011/83/EU and, for Customers residing in the Czech Republic, § 1837(l) of Act No. 89/2012 Coll. (the Czech Civil Code). This consent is recorded with a timestamp and your account identifier and constitutes evidence of your waiver of the right of withdrawal for the purposes of any dispute or chargeback proceeding.

19.4 Non-Activation

If the Customer does not activate the Y3S Challenge within 30 calendar days of purchase, access will be suspended. The day of purchase is considered the day on which the Customer's payment for the Challenge was successfully processed and received by the Provider. The Customer may request restoration of access by email at ask@y3s.app, in accordance with the applicable Terms and Conditions.

19.5 Disputes and Chargebacks

In cases where the Customer initiates an unsubstantiated dispute regarding a charge or a chargeback, the Provider reserves the right to terminate the provision of Services and to refuse the provision of future Services at its sole discretion.

19.6 Refund Requests

Any request for a refund must be submitted within fourteen (14) days of purchase, provided that the voucher has not been activated. Upon activation of the voucher and upon the Customer's confirmation of the commencement of the digital content service in accordance with Article 19.3.1, all fees become non-refundable. This applies regardless of the level of trading activity carried out after activation.

The Provider's decision not to enforce any right or provision of these Terms and Conditions shall not be deemed a waiver of such right or provision. A waiver of rights is valid only if it is made in writing and signed by the Provider. These Terms and Conditions, together with any policies or operating rules published by the Provider on this site or in connection with the Service, constitute the complete and exclusive agreement between the Customer and the Provider. This agreement governs the Customer's use of the Service and supersedes all prior or contemporaneous agreements, communications, and proposals, whether oral or written, between the Customer and the Provider (including any prior versions of the Conditions). Should any ambiguities or questions arise regarding intent or interpretation, they shall be resolved neutrally and not automatically to the detriment of the party that drafted the Conditions. This is without prejudice to any statutory rights that the Customer may have under applicable consumer protection laws and which cannot be waived by contract.

20A.1 Scope and Applicability

20A.1.1 This Article governs the use of the NFT-based utility programme operated by Seif Finance and made available to the Customer exclusively through the Seif Finance domain (burn.seif.finance or such other domain as Seif Finance may designate at the relevant time). The provisions of this Article apply exclusively to Customers who choose to participate in the NFT burning programme and do not affect the rights or obligations of Customers who do not use NFT-based features.

20A.1.2 NFT collections eligible for use within this programme ("Club NFTs") were issued by a third-party entity domiciled outside the European Union ("Issuer"). The Provider — UOwn Corporation s.r.o. — was not involved in the creation, issuance, or original sale of any Club NFT. The burning mechanism is operated exclusively by Seif Finance through the Seif Finance domain. The role of the Provider is limited to receiving confirmed burning events and crediting the corresponding benefits to the Customer's account within the y3s.app application. Nothing in this Article constitutes or implies any representation by the Provider regarding the value, legality, or suitability of any NFT as an investment or otherwise.

20A.1.3 Participation in the NFT burning program is voluntary. The Customer is not required to burn any NFTs in order to gain access to the standard Challenges Services.

20A.2 Technical Mechanism

The burning process works as follows:

(a) The Customer initiates a burn transaction on the relevant smart contract via the Seif Finance domain;
(b) the Seif Finance system monitors the blockchain, detects the confirmed burn event and, upon its confirmation, notifies the Provider;
(c) upon confirmation, the relevant voucher or benefit is credited to the Customer's account in the y3s.app application.

20A.2.2 The burning transaction is executed by the Customer directly on the blockchain. The Provider shall not take into safekeeping, hold, transfer, or execute any transactions in connection with the Customer's NFT. The role of the Provider is limited to receiving confirmed burn event notifications from Seif Finance and crediting the corresponding off-chain benefits to the Customer's account on y3s.app.

20A.2.3 The burning transaction is irreversible. Upon confirmation of the burning transaction on the blockchain, the NFT is permanently destroyed. The Provider has no technical ability to cancel, reverse, or compensate a burn transaction, regardless of the circumstances.

20A.3 Definitions

For the purposes of this Article, the following definitions apply:

Definition: "Voucher" — A non-transferable or transferable (as applicable) digital entitlement credited to the Customer's account on y3s.app upon completion of a burn transaction, which guarantees the Customer a specific benefit as described in Article 20A.4.

Definition: "Phase Reset Voucher" — A voucher that entitles the Customer to start a completely new evaluation account from the beginning (Phase 1, zero balance, standard parameters). The Phase Reset Voucher does NOT constitute a refund of any fee, a reimbursement of any amount, or a right to reinstate a previously failed or terminated account. The Customer commences the evaluation process anew with a new account.

Definition: "Drawdown Booster Voucher" — A voucher that increases the drawdown limit on one designated evaluation account by the percentage specified in the voucher (e.g., +1% daily drawdown). Subject to the prohibition on accumulation pursuant to Article 5A.2.

Definition: "Academy Voucher" — A voucher providing access to educational content (courses, materials) on the y3s.app platform for the duration of the active operation of the Platform. Academy Vouchers are non-cumulative — a Customer who holds an active Academy Voucher may not obtain another Academy Voucher conferring an incremental benefit.

Definition: "AI Bot Voucher" — A voucher providing a licence to use artificial intelligence tools for trading analysis made available by the Provider, for the duration of the active operation of the Platform. AI Bot Vouchers are non-cumulative — see Article 20A.6.

Definition: "Lifetime Access" — If a Voucher is marked as providing "lifetime access", this shall mean access for the duration of the active operation of the relevant Service or Platform feature by the Provider. The term "lifetime" does not imply permanent or unconditional access. Termination provisions are set out in Article 20A.7.

20A.4 Voucher Benefits by NFT Collection

The following benefits are available upon the burning of the relevant NFT collection. Provider reserves the right to amend the benefits plan upon 30 days' written notice to the affected Customers. Any such changes shall apply exclusively on a prospective basis to future burn transactions and may not reduce or otherwise adversely alter benefits already credited to a Customer on the basis of a previously confirmed burn:

Futures NFT — BURN — Trading course credit (value €1,000) + Academy Lifetime voucher
DeFi NFT — BURN — +1 % daily drawdown booster + +1 % maximum drawdown booster + Academy Lifetime voucher
AI NFT — BURN — AI Bot Lifetime voucher + Academy Lifetime voucher
Bullrun NFT — BURN — All Futures + DeFi + AI benefits + Phase 2 Reset Voucher
VIP AI NFT — BURN — All Futures + DeFi + AI benefits + Phase 1 Reset Voucher + Phase 2 Reset Voucher + Voucher to Start from Phase 2

Important: The benefit designated as "Start from Phase 2" is available exclusively to holders of AI VIP NFT burn vouchers. Activation is subject to the condition that the risk parameters pursuant to Article 18 remain fully valid throughout the entirety of Phase 2. No advantage entitles the Customer to bypass any mandatory evaluation phase. See Article 5.3.

20A.5 General Rules for Vouchers

20A.5.1 Non-Refundable: All vouchers are non-refundable. Once a burn transaction has been confirmed on the blockchain, no refund, credit, or compensation will be provided, regardless of whether the voucher was subsequently used, transferred, or allowed to expire without use.

20A.5.2 Validity: Vouchers shall expire six (6) months from the date of issuance (i.e., the date of confirmation of the burn transaction). Expired vouchers cannot be renewed, extended, or exchanged. The Customer is solely responsible for monitoring voucher expiration dates.

20A.5.3 Transferability: Vouchers are transferable between registered y3s.app accounts, in accordance with the GDPR provisions set out in Article 20A.9. Academic vouchers and AI Bot vouchers are non-cumulative and may not be transferred to an account that already holds an active voucher of the same type.

20A.5.4 No monetary value: Vouchers have no monetary value, cannot be exchanged for cash, and do not constitute a financial instrument, security, or investment product.

20A.5.5 Taxes: The burning of an NFT in exchange for a voucher may constitute a taxable event in the jurisdiction of the Customer's tax residence (e.g., as a barter transaction giving rise to income under applicable tax law). The Customer is solely responsible for determining and fulfilling all applicable tax obligations. The Provider does not provide tax advice. The Customer is strongly advised to consult a qualified tax advisor before completing any burn transaction.

20A.6 Non-Cumulative Benefits — Duplicate Burn Warning

20A.6.1 Academy Vouchers and AI Bot Vouchers are non-cumulative. If the Customer already holds an active Voucher of the same type, performing an additional burn transaction with an NFT from the same collection will not provide any further benefit.

20A.6.2 The Platform shall display a warning message prior to confirming any burn transaction where the Customer already holds an active Voucher of the same type. The warning shall read substantially as follows: "You already have an active [Academy / AI Bot] Voucher. Burning an additional NFT of this type will neither increase nor extend your existing benefit. This Voucher is non-cumulative. Do you wish to proceed?"

20A.6.3 The Provider shall bear no liability for any loss or wasted burn transaction where the Customer proceeds after having received the warning referred to in Article 20A.6.2.

20A.7 "Lifetime Access" — Duration and Termination

20A.7.1 "Lifetime Access", as used in connection with Academy vouchers and AI Bot vouchers, means access to the relevant Service for the period during which the Provider actively operates the given Service. It does not mean permanent, unconditional, or irrevocable access.

20A.7.2 The Provider reserves the right to terminate the operation of any Service or Platform feature at any time, provided that:

(a) Customers who hold an active Academy or AI Bot voucher will receive written notice of the termination of operations at least ninety (90) days in advance, delivered by email to their registered address;
(b) upon termination of operations, the Provider shall issue to the affected Customers a pro-rata credit compensation in the form of a y3s platform credit, calculated on a pro-rata basis assuming a standard reference period of twelve (12) months from the date of voucher issuance. The credit value shall be calculated as follows: (remaining months / 12) × the nominal value of the benefit as published in the benefit list at the time of voucher issuance.

20A.7.3 The Provider's obligation under Article 20A.7.2 shall not apply where the interruption is required by law, a regulatory order, or a force majeure event (as defined in Article 23A).

20A.8 Consumer Rights — Burn Transaction

Prior to the completion of any burn transaction, the Customer shall be required to actively confirm via the burn interface on the Seif Finance domain that:

(a) they acknowledge that the burn transaction is irreversible and that the NFT will be permanently destroyed upon confirmation;
(b) acknowledges that the Voucher(s) received will expire six (6) months from the date of issue and are non-refundable; and
(c) explicitly agrees to the immediate commencement of the provision of the digital content service and acknowledges that, in doing so, they lose their statutory right of withdrawal from the contract under the applicable consumer protection law.

Tax Notice (mandatory display): The Burn interface shall also display a notice that completing a burn transaction involving an NFT in exchange for a Voucher may constitute taxable income under applicable tax law (e.g., § 10 of the ITA CZ for Czech tax residents), and recommends consulting a qualified tax advisor prior to completing the transaction.

20A.8.2 By completing the confirmations referred to in clause 20A.8.1, the Customer waives their right of withdrawal from the contract under the applicable consumer protection legislation in their jurisdiction (including § 1837(l) of Act No. 89/2012 Coll. (the Czech Civil Code) for customers resident in the Czech Republic, and equivalent provisions of consumer protection legislation of other EU Member States). This waiver applies exclusively to digital content services provided as a result of a specific burning transaction and does not affect any other rights the Customer may have.

20A.8.3 The confirmations referred to in clause 20A.8.1 are recorded by the Provider together with a timestamp and the Customer's account identifier. This record serves as evidence of the Customer's consent for the purposes of the applicable consumer protection legislation and personal data protection legislation.

20A.9 Transfer of Voucher — Compliance with GDPR Regulation

20A.9.1 In the event that the Customer decides to transfer a voucher to another person (the "Recipient"), the Customer is obliged to provide the Recipient's e-mail address via the transfer interface on the y3s.app Platform.

Before completing the transfer, the Customer shall be required to actively confirm via the transfer interface on the Platform that:

(a) they have obtained the explicit consent of the Recipient to provide their e-mail address to the Provider for the purpose of delivering the Voucher;
(b) they have informed the Recipient that they will be contacted on a one-time basis by the Provider for the purpose of delivering the Voucher; and
(c) they have read and understood the Provider's Privacy Policy regarding the processing of personal data of third parties.

20A.9.3 The Provider shall use the Recipient's e-mail address exclusively for the purposes of delivering the Voucher. The Recipient's e-mail address shall not be used for marketing communications nor shared with third parties, except as required by law.

20A.9.4 The Customer warrants that they have a lawful basis for providing the Recipient's personal data to the Provider, in accordance with Article 6(1) a) of Regulation (EU) 2016/679 (GDPR). The Customer shall indemnify the Provider against any claim, loss, or liability arising from the Customer's failure to obtain the Recipient's consent.

20A.10 Holding Benefits

20A.10.1 Certain NFT collections provide benefits based on holding a token in a linked wallet ("Holding Benefits"), without the need to burn the token. In cases where such benefits are available, they are described in the relevant collection documentation published by the Provider on the Website.

20A.10.2 Holding Benefits are strictly conditional upon the Customer continuously maintaining verifiable and uninterrupted ownership of the relevant NFT at the wallet address linked to the Customer's account on y3s.app. The Provider verifies ownership through read-only, non-custodial monitoring of the relevant blockchain address. The Provider does not manage any NFTs held in the Customer's wallet and has no ability to transfer them or interact with them in any manner whatsoever.

20A.10.3 Automatic Termination: If an NFT is transferred to another wallet, sold, or burned, all associated Hold Benefits cease immediately and automatically, without any prior notification obligation on the part of the Provider. It is the sole responsibility of the Customer to ensure that the connected wallet retains the relevant NFT throughout the entire duration of any Hold Benefit period.

20A.10.4 Hold Benefits are temporary in nature and do not establish any permanent entitlement. Provider reserves the right to modify or terminate any Hold Benefits program upon delivery of thirty (30) days' written notice to the affected Customers.

20A.10.5 Hold Benefits have no monetary value, are non-transferable, and do not constitute a financial instrument, security, or investment product.

20B.1 General Provisions

20B.1.1 Provider operates an affiliate program (the "Affiliate Program"), under which registered participants ("Affiliate Partner") may earn financial remuneration for referring new customers to the Platform.

20B.1.2 Participation in the Affiliate Program is voluntary, free of charge, and is not a condition for the use of the Services under these Terms.

20B.1.3 The Affiliate Program is accessible to natural persons over the age of eighteen (18) and to legal entities that do not have their registered office or place of business in jurisdictions excluded pursuant to Article 11.6.

20B.1.4 Registration in the Affiliate Program is subject to a separate application and approval by the Provider. The Provider reserves the right to refuse registration without stating a reason. Approval of the application does not create any entitlement to attain any specific level of rewards.

20B.1.5 The Provider may, within the Platform, make optional marketing tools and materials available to Affiliate Partners. The use of some of these tools may be subject to specific conditions or may require the payment of additional costs on the part of the Affiliate Partner; these conditions will always be clearly announced in advance.

20B.1.6 The relationship between the Provider and an Affiliate Partner acting outside the scope of their trade or other business activity is governed by the applicable EU consumer legislation and Czech consumer protection law. If the Affiliate Partner acts within the scope of their business activity, the relationship shall be governed exclusively by commercial law regulations.

20B.2 Conditions for Entitlement to Commission

20B.2.1 Entitlement to commission arises exclusively upon the simultaneous fulfilment of ALL of the following conditions:

(a) The referred Customer has purchased a Challenge or Service through a monetary payment method;
(b) The referred Customer used the unique affiliate link or code assigned to the Affiliate Partner by the Provider at the time of purchase, and said link remained active throughout the validity period of the affiliate link;
(c) The Referred Customer activated the relevant voucher;
(d) The Affiliate Partner was a registered and active participant of the Affiliate Program at the time of activation;
(e) The Referred Customer's payment is fully settled and, at the time the commission falls due, is not subject to any chargeback, payment reversal, or fraud investigation.

20B.2.2 The entitlement to commission arises at the moment of voucher activation by the Referred Customer, not at the moment of purchase.

20B.2.3 In the event that a chargeback or payment reversal occurs after the commission has been disbursed, the Provider is entitled to:

(a) deduct the corresponding amount from the Affiliate Partner's future payments, or
(b) require the direct repayment of such amount, due within fourteen (14) days of receipt of a written demand, whereby the Provider's right to reclaim the paid commission shall lapse upon expiry of one hundred and eighty (180) days from the date of payment of such commission; this shall not apply in cases of fraudulent conduct, where such right continues for the full limitation period under applicable laws governing claims arising from unjust enrichment.

20B.2.4 An Affiliate Partner may not recommend the Platform to themselves, to persons economically connected to them, or through controlled third-party accounts for the purpose of artificially generating commission entitlements. A breach of this prohibition shall be deemed fraud within the meaning of Article 20B.10.1(c).

20B.3 Commission Structure

20B.3.1 Direct Commission — Level 1. The Affiliate Partner earns a direct commission of twenty percent (20%) of the net price (excluding VAT) of the Challenge or Services purchased by a Customer who was directly referred by the Affiliate Partner.

20B.3.2 Indirect Commission — Level 2. If an Affiliate Partner has referred another Affiliate Partner to the Affiliate Program (a "Level 2 Sub-Affiliate Partner") and such Level 2 Sub-Affiliate Partner has generated a qualifying sale within the meaning of Article 20B.2 through their own affiliate activity, the Affiliate Partner shall receive an indirect commission of five percent (5%) of the net price of the respective sale.

20B.3.3 Indirect Commission — Level 3. If a Level 2 Sub-Affiliate Partner has referred a further Affiliate Partner to the Affiliate Program (a "Level 3 Sub-Affiliate Partner") and such Level 3 Sub-Affiliate Partner has generated a qualifying sale within the meaning of Article 20B.2 through their own affiliate activity, the original Affiliate Partner shall receive an indirect commission of two percent (2%) of the net price of the respective sale.

20B.3.4 The commission network is limited to three (3) levels. Sales made at the fourth and any subsequent levels of the Sub-Affiliate Partner hierarchy do not give rise to any further commission entitlement.

20B.3.5 Indirect commissions under Articles 20B.3.2 and 20B.3.3 arise under the same conditions as direct commissions under Article 20B.2 and are tied to actual trading activity, not to the mere act of recruiting Sub-Affiliate Partners.

20B.3.6 Relationship to Discount Codes. If a Referred Customer applies a Discount Code pursuant to Article 20D upon purchase, the Affiliate Partner's commission shall be calculated on the actual net price paid following application of the discount, and not on the original list price. This rule applies equally to direct commissions pursuant to Article 20B.3.1, indirect commissions pursuant to Article 20B.3.2 and Article 20B.3.3, as well as to the calculation of turnover for the purposes of the Blitz Bonus (Article 20B.4) and the Commission Pool (Article 20B.5).

20B.3A Individual Affiliate Agreements (Strategic Partner Agreement)

20B.3A.1 The Provider reserves the right to negotiate an individual agreement (a "Strategic Partner Agreement" or "SPA") with selected Affiliate Partners, which may contain different commercial terms and conditions compared to the standard scheme pursuant to Articles 20B.3 through 20B.5, including, but not limited to:

(a) different rates of direct and/or indirect commissions;
(b) different threshold values and conditions of the Blitz Bonus pursuant to Article 20B.4 or other performance bonuses, including the complete exclusion of the Blitz Bonus from the scope of the SPA;
(c) different conditions for inclusion in the Commission Pool pursuant to Article 20B.5, including complete exclusion from participation in the Commission Pool from the scope of the SPA or replacement by an equivalent mechanism;
(d) specific one-off bonuses, hybrid combinations of a fixed component and a performance-based component of remuneration;
(e) different conditions of payment, frequency of payments and minimum amounts;
(f) special marketing, reporting and KPI obligations;
(g) territorial, product-related or sectoral exclusivity or restrictions;
(h) a different attribution window length and sales attribution rules.

20B.3A.2 The Strategic Partner Agreement is intended primarily for:

(a) legal entities operating call centres, media agencies, performance marketing agencies, or similar commercial entities;
(b) Affiliate Partners with demonstrable historical performance exceeding the standard parameters of the Affiliate Programme;
(c) strategic business partners for whom individualised contractual terms are economically justified by the nature of their activity, capital inputs, or the volume of generated sales;
(d) partners meeting the Provider's additional requirements (financial stability, compliance certification, professional qualifications of employees, etc.).

20B.3A.3 A Strategic Partner Agreement may be concluded in any form permissible under applicable law. The contracting parties may conclude an SPA in written form, in electronic form, or orally, it being understood that written form is not a condition for the validity or effectiveness of the SPA. The content and Conditions of the SPA are at all times recorded internally by the Provider in its administration system or a comparable internal record. The provisions of the SPA shall take precedence over the provisions of this Article 20B to the extent that they depart therefrom. All other provisions of these Conditions remain in force unless expressly excluded or modified by the SPA.

20B.3A.4 The conclusion of an SPA is the sole and exclusive right of the Provider. No Affiliate Partner shall have any legal entitlement to the conclusion of an SPA or to any specific terms contained therein. The Provider is not obliged to disclose information regarding the existence, content, or number of concluded SPAs to other Affiliate Partners, as such information is considered a trade secret within the meaning of Section 504 of Act No. 89/2012 Coll. (Czech Civil Code).

20B.3A.5 An Affiliate Partner who is a party to the SPA is obliged to:

(a) maintain confidentiality regarding the contents of the SPA towards third parties, including other Affiliate Partners, except where disclosure is necessary for the fulfilment of statutory obligations (tax, accounting, audit) or necessary for professional advisors bound by a duty of confidentiality;
(b) comply with all obligations arising from the general provisions of the Affiliate Program under this Article 20B, in particular the obligations under Article 20B.6, AML/KYC obligations under Article 20B.13, obligations relating to the protection of personal data under Article 20B.15, and the cashback prohibition under Article 20B.14, unless the SPA expressly provides otherwise and to the extent that such exclusion does not conflict with the binding provisions of applicable law;
(c) ensure that its employees, contracted workers, subcontractors, and other persons acting on its behalf comply with all applicable obligations of the Affiliate Partner, with the Affiliate Partner bearing full responsibility for their actions.

20B.3A.6 If the Affiliate Partner, within the scope of the SPA, engages in active communication with potential customers through telephone calls, video calls, or other forms of direct communication, the following applies:

(a) The Affiliate Partner is solely responsible for compliance with all consumer protection regulations, including Act No. 634/1992 Coll. (Czech Republic), Act No. 250/2007 Coll. (Slovak Republic), Directive 2005/29/EC on unfair commercial practices, and Directive 2002/58/EC (ePrivacy), including obligations relating to unsolicited commercial communications;
(b) Affiliate Partner is responsible for obtaining all necessary prior consents of the data subjects pursuant to Article 6 of the GDPR;
(c) Affiliate Partner is obliged, in every contact with a Customer, to transparently disclose that it acts as an intermediary of the Provider and not as an employee or direct representative of the Provider;
(d) Affiliate Partner is responsible for the completeness and accuracy of the information provided to potential Customers regarding the Platform and Services, and must not provide any guarantees of returns or make any other statements contrary to Article 20B.6 and the regulatory disclaimer set out in the introduction to these Terms and Conditions;
(e) The Provider is entitled to request regular reports on the activities carried out, samples of call recordings (in accordance with applicable personal data protection regulations) and further documentation demonstrating fulfilment of compliance obligations.

20B.3A.7 Processing of personal data. If the Affiliate Partner processes personal data of potential or existing customers of the Provider under the SPA, the contracting parties shall regulate their mutual rights and obligations in the area of personal data protection in accordance with Regulation (EU) 2016/679 (GDPR), in particular by means of a Data Processing Agreement (DPA) pursuant to Article 28 of the GDPR or a Joint Controller Agreement pursuant to Article 26 of the GDPR, where applicable to the relationship in question. The form and manner of regulating these rights and obligations are not restricted by this article, and the parties may agree upon them in a manner that corresponds to the nature of the processing and the requirements of applicable personal data protection law.

20B.3A.8 The termination of the SPA is governed by the conditions agreed upon in the SPA itself. In the event that the SPA does not regulate termination in a specific manner, the provisions of Articles 20B.9 and 20B.10 shall apply mutatis mutandis. The termination of the SPA shall not affect the duration of the Affiliate Partner's general participation in the Affiliate Program, unless the SPA stipulates otherwise; Following termination of the SPA, the standard Conditions of the Affiliate Program shall apply to the Affiliate Partner.

20B.3A.9 Tax and AML Aspects. For Affiliate Partners under the SPA, the provisions of Articles 20B.8 (Tax Obligations), 20B.13 (AML/KYC), and 20B.15 (Personal Data Protection) shall apply in full, unless the SPA stipulates stricter or additional obligations. The Strategic Partner Agreement may not reduce the level of compliance obligations below the minimum required by law.

20B.4 Blitz Bonus

20B.4.1 An Affiliate Partner who, within a single calendar month (from 00:00 UTC on the first day to 23:59 UTC on the last day of the month), generates a minimum of five (5) qualified direct sales pursuant to Article 20B.2, shall be entitled to the Blitz Bonus for that month. For the purposes of this article, a qualified sale is counted towards the calendar month in which the activation of the relevant voucher by the Referred Customer took place pursuant to Article 20B.2.2, regardless of the date of purchase.

20B.4.2 The Blitz Bonus consists of an increase in the direct commission rate to twenty-five percent (25%) for all qualified direct sales made in the respective calendar month, including sales made prior to reaching five (5) sales.

20B.4.3 Upon reaching the activation threshold of five (5) qualified direct sales, the increased Blitz Bonus rate (25%) shall apply retroactively to all qualified direct sales made in the respective calendar month. The difference between the standard rate (20%) and the increased rate (25%) for sales completed prior to reaching the activation limit shall be remitted as a supplementary payment within the nearest payment cycle following the end of the relevant calendar month.

20B.4.4 The Blitz Bonus applies exclusively to direct Level 1 commissions. It does not apply to indirect commissions of Levels 2 and 3.

20B.5 Commission Pool

20B.5.1 Activation. An Affiliate Partner who has cumulatively generated qualified sales with a total net value (excluding VAT) of fifty thousand euros (EUR 50,000) and simultaneously satisfies the conditions pursuant to Article 20B.5.2 is entitled to apply for inclusion in the Commission Pool.

20B.5.2 Conditions for Inclusion. For inclusion in the Commission Pool, BOTH of the following conditions must be simultaneously satisfied as of the date of submission of the application:

(a) a cumulative turnover of qualified sales in the amount of EUR 50,000 — this turnover may be comprised of a combination of direct sales (Level 1) and sales generated by Sub-Affiliate Partners of Levels 2 and 3;
(b) a minimum of five (5) qualified direct Level 1 sales generated by the Affiliate Partner itself, irrespective of their respective values.

20B.5.3 Commission Pool and Its Amount. The Commission Pool represents three percent (3%) of the net monthly Affiliate turnover and shall be distributed monthly among all active members of the Commission Pool. For the purposes of this article, 'net monthly Affiliate turnover' means the total revenues of the Provider for the respective calendar month derived exclusively from sales of Challenges and Services that were generated through the Affiliate Program (i.e., qualifying sales pursuant to article 20B.2 at all levels 1 through 3), after deduction of VAT, verified payment gateway fees, processed refunds and chargebacks, and any other demonstrably associated costs.

20B.5.4 Calculation of Share. The share of each active member of the Commission Pool is determined by a proportional calculation according to the following formula:

Member's Share = (Member's Sales over the Last 30 Days ÷ Total Sales of All Active Members over the Last 30 Days) × Commission Pool

where 'Member's Sales over the Last 30 Days' means the sum of the net value of all qualified sales generated by the given member at Levels 1, 2, and 3 over the last thirty (30) calendar days, or the calendar month, as applicable.

20B.5.5 Active Member and Entitlement to a Share. An active member of the Commission Pool is a member who has generated at least one (1) qualified sale at any of levels 1 through 3 within the last ninety (90) calendar days prior to the end of the relevant settlement month. If a member fails to satisfy this condition in the given settlement month, such member's share of the Commission Pool for that month shall be zero and shall not carry over to subsequent periods. Membership in the Commission Pool shall not be terminated as a result thereof.

20B.5.6 Suspension for prolonged inactivity. If a member of the Commission Pool does not satisfy the active member requirement pursuant to Article 20B.5.5 continuously for a period of twelve (12) consecutive months, the Provider is entitled to suspend their membership in the Commission Pool. The member will be notified of the suspension in writing. Upon once again satisfying the active member requirement (i.e., generating at least one qualified sale), the suspension shall be automatically lifted and the member shall once again be entitled to a share in the next immediately following settlement cycle.

20B.5.7 Adjustment of the Commission Pool Amount. The amount of the Commission Pool (3% of net turnover) may be changed by the Provider exclusively under the following conditions:

(a) any reduction of the share requires written notice delivered to all active members at least thirty (30) days in advance;
(b) a reduction may be implemented at most once every twelve (12) months;
(c) the minimum share amount must not fall below one percent (1%) of the Platform's net monthly turnover derived from the Affiliate programme.

20B.6 Obligations of the Affiliate Partner

20B.6.1 The Affiliate Partner is obliged to:

(a) promote the Platform exclusively through truthful, accurate, and verifiable statements;
(b) clearly and in advance inform the recipients of its commercial communications of its status as an Affiliate Partner, in accordance with the requirements of Directive 2005/29/EC on unfair commercial practices and applicable national regulations, including the obligation to label sponsored content;
(c) refrain from making any statements guaranteeing a specific level of income or returns from participation in the Platform;
(d) comply with applicable legal regulations governing advertising, consumer protection and competition law in the jurisdiction of its activities;
(e) not use spam, unsolicited bulk mail or other forms of commercial communication prohibited by applicable law.

20B.6.2 The Affiliate Partner must not:

(a) artificially generate commission claims (fake accounts, self-purchases, coordinated transactions);
(b) use paid search advertisements utilising the Provider's trademarks without the prior written consent of the Provider;
(c) perform any activity capable of damaging the reputation of the Provider.

20B.7 Payment of Commissions

20B.7.1 Commissions are paid upon request, generally within fifteen (15) business days following the submission of the payment request.

20B.7.2 The minimum payout amount is one hundred euros (100 EUR).

20B.7.3 Payouts are made by bank transfer or cryptocurrency (e.g. USDC); cryptocurrency transaction fees of 1–3% are borne by the Affiliate Partner.

20B.7.4 A condition for the disbursement of any amount is:

(a) completed KYC verification of the Affiliate Partner;
(b) provision of valid and current invoicing or banking details;
(c) absence of any unresolved disputes or ongoing fraud investigations.

20B.8 Tax Obligations of the Affiliate Partner

20B.8.1 The Affiliate Partner is solely responsible for determining and fulfilling all tax obligations arising from its participation in the Affiliate Program in the jurisdiction of its tax residence, including in particular income tax, VAT or other indirect taxes, and social and health insurance contributions.

20B.8.2 The Provider does not act as a tax payer or withholding agent in relation to commissions paid to Affiliate Partners to the extent permitted by the legal framework of the jurisdiction of the Affiliate Partner's tax residence. If applicable law imposes upon the Provider an obligation to withhold or remit taxes, the Provider is entitled to effect such withholding and to notify the Affiliate Partner in writing of the amount thereof.

20B.8.3 An Affiliate Partner who is registered as a VAT payer is obliged to issue the relevant tax invoice and to notify the Provider of this fact prior to payment.

20B.8.4 The Provider shall not be liable for any tax obligations, fines, or penalties incurred by the Affiliate Partner in connection with their participation in the Affiliate Program.

20B.8.5 Self-billing. The Affiliate Partner hereby grants the Provider consent to issue accounting and tax documents (invoices) on their behalf and for their account in relation to commissions paid pursuant to this article, in accordance with the procedure under Art. 224 of Directive 2006/112/EC, § 28 para. 2 of Act No. 235/2004 Coll. on value added tax (CZ), or relevant local provisions on self-billing. Each document issued in this manner will be delivered to the Affiliate Partner electronically (via the dashboard and/or email). If the Affiliate Partner does not raise a written objection within fourteen (14) days of delivery, the document shall be deemed accepted. The Affiliate Partner undertakes not to issue its own invoice for these transactions. The Affiliate Partner is obliged to notify the Provider without delay of any change in its VAT payer status and of the assignment or cancellation of its VAT identification number.

20B.8.6 VAT Regime for Cross-Border Commissions. If the Affiliate Partner is a taxable person established in another EU Member State and registered for VAT, the intermediation service shall be deemed to have been supplied with the place of supply determined in accordance with the registered seat of the recipient of the service (Provider) under the reverse-charge mechanism. For Affiliate Partners outside the EU and for non-VAT payers, the document shall be issued without VAT in accordance with applicable local legislation.

20B.9 Termination of Participation and Extinguishment of Claims

20B.9.1 The Provider is entitled to terminate the participation of the Affiliate Partner in the Affiliate Program in the event of breaches pursuant to point. (a) and (b) below only after the relevant written notice to remedy with a period of fifteen (15) days, if the remedy is not effected within such period; in the event of a breach pursuant to point (c) with immediate effect and without the relevant notice, in the case of:

(a) breach of obligations under Article 20B.6;
(b) breach of any other provision of these Terms and Conditions;
(c) proven fraud or artificial generation of commission entitlements.

20B.9.2 Upon termination pursuant to Article 20B.9.1 letter (c) all outstanding (pending) commission claims and membership in the Commission Pool shall lapse without entitlement to payment. Upon termination pursuant to 20B.9.1 letter (a) and (b) the Provider shall pay duly accrued (due) commissions after offsetting any proven damages caused by the Affiliate Partner's breach of obligations.

20B.9.3 If the Affiliate Partner voluntarily terminates their participation, or if the Provider terminates the Affiliate Program pursuant to Article 20B.10, the Provider shall pay the Affiliate Partner all duly accrued and as yet unpaid commissions within thirty (30) days of termination.

20B.10 Amendments and Termination of the Affiliate Program

20B.10.1 The Provider reserves the right to modify the Conditions of the Affiliate Program at any time, subject to the following minimum notice periods:

(a) change in the commission rate amounts (Article 20B.3): thirty (30) days;
(b) change in the Conditions of the Blitz Bonus (Article 20B.4): thirty (30) days;
(c) change in the Conditions of the Commission Pool, including the share amount (Article 20B.5): thirty (30) days.

20B.10.2 The Provider may fully terminate the Affiliate Program subject to a notice period of fifteen (15) days for regular Affiliate Partners and thirty (30) days for members of the Commission Pool, with all duly accrued entitlements to outstanding commissions being preserved.

20B.10.3 An Affiliate Partner who does not agree with the proposed amendments to the conditions is entitled to terminate their participation prior to the effective date of such amendments without any penalty, and shall be paid all duly accrued and outstanding commissions.

20B.11 Limitation of Liability

20B.11.1 The Provider shall not be liable for the amount of income of an Affiliate Partner arising from their participation in the Affiliate Program. Any illustrative examples of commission calculations serve solely for informational purposes and do not constitute a guarantee, promise, or prediction of future earnings.

20B.11.2 The Affiliate Partner acknowledges that the amount of their commissions depends on factors beyond the Provider's control, including overall activity on the Platform and the conversion rate of referred Customers.

20B.12 Records, Statements and Objections

20B.12.1 The Provider maintains electronic records of all qualified sales, commissions and payments through the Affiliate dashboard, which shall be made accessible to each Affiliate Partner. Each month, the Provider shall make available to the Affiliate Partner a statement containing: a list of recognized sales by tier, the amount of commissions accrued, any cancelled items, and the status of the Commission Pool, available in the dashboard.

20B.12.2 The evidentiary basis for determining the amount of a commission is the Provider's records. The Affiliate Partner is entitled to raise a written objection against the monthly statement within thirty (30) days of it being made available, failing which the statement shall be deemed approved. The Provider is obliged to respond to the objection within fifteen (15) working days and, in the event that an error is proven, shall correct the statement.

20B.13 AML/KYC and Limits

20B.13.1 The Provider applies procedures for the prevention of money laundering and terrorist financing in accordance with Directive (EU) 2015/849, as amended, and the applicable local regulations (in the Czech Republic, Act No. 253/2008 Coll.). KYC verification of the Affiliate Partner is mandatory prior to the first payout and upon exceeding a cumulative payout of one thousand euros (1,000 EUR) within a calendar year.

20B.13.2 In the case of legal entities, the Affiliate Partner is obliged to identify the ultimate beneficial owner and to inform the Provider of any change without undue delay. The Provider is entitled to suspend payments pending the completion of the KYC/AML check; the duration of such suspended payments shall not count towards the time limit set out under 20B.7.1.

20B.13.3 The Affiliate Partner is obliged to notify the Provider without undue delay of any change in the jurisdiction of its tax residence or registered office; if the Affiliate Partner moves to a jurisdiction excluded pursuant to Article 11.6, its participation in the Affiliate Program shall automatically terminate as of the date of such change.

20B.14 Prohibition of Cashback and Rebating

20B.14.1 The Affiliate Partner must not offer or provide referred customers with any form of cashback, rebate, partial commission refund, or any other financial or non-financial benefit contingent upon the use of its affiliate link, where such benefit effectively reduces the price paid by customers for the Challenge or Services below its officially published price.

20B.14.2 A breach of the prohibition under 20B.14.1 shall be deemed a material breach of the Affiliate Partner's obligations and shall constitute grounds for termination of participation pursuant to Article 20B.9.1, as well as entitling the Provider to reclaim any improperly paid commissions.

20B.15 Personal Data Protection

20B.15.1 The processing of personal data of the Affiliate Partner and referred customers within the Affiliate Programme is governed by Regulation (EU) 2016/679 (GDPR) and the Provider's standalone Privacy Policy. The legal basis for processing is the performance of a contract (Art. 6(1)(b) GDPR), compliance with legal obligations (Art. 6(1)(c) GDPR, in particular accounting, tax and AML obligations), and the legitimate interest of the Provider in fraud prevention and the recording of affiliate activity (Art. 6(1)(f) GDPR).

20B.15.2 The Affiliate Partner acts as an independent controller within the meaning of the GDPR in its communications with referred customers and is responsible for the lawfulness of its own marketing activities, including the obtaining of consents for direct marketing in accordance with Directive 2002/58/EC.

20C.1 General Provisions

20C.1.1 The Provider may make available within the Platform an educational module designated as Y3S Academy (the "Academy"), through which educational materials, courses, and additional content focused on trading in financial markets, risk management, and related topics are made available to Customers.

20C.1.2 The availability and current scope of the Academy content are published on the Platform. The Provider reserves the right to amend or discontinue the Academy content offering at any time.

20C.2 Individual Consultations — Mentoring Call

20C.2.1 Within the Academy, Customers may be offered individual consultations with the Provider's lecturers or experts designated by the Provider ("Mentoring Call"). Mentoring Calls are available exclusively through a separate purchase for monetary consideration.

20C.2.2 The current prices and availability of individual types of Mentoring Calls are displayed on the Platform during the order process before the Customer confirms any purchase. Prices may be listed excluding VAT; Customers residing in EU member states will be charged VAT at the applicable rate, displayed prior to order confirmation. The Provider reserves the right to modify the prices and availability of Mentoring Calls at any time.

20C.2.3 The reservation of a Mentoring Call takes place exclusively through the booking system available on the Platform. The contractual relationship for a specific Mentoring Call is established upon the Provider's confirmation of the reservation and the Customer's payment of the applicable price.

20C.3 Conditions of Redemption and Cancellation

20C.3.1 The Mentoring Call is a service provided exclusively at the agreed scheduled time. In the event of the Customer's non-attendance at the reserved time slot without prior cancellation in accordance with the cancellation policy published on the Platform, the Customer shall not be entitled to a replacement appointment or a refund of the paid price.

20C.3.2 The Customer acknowledges that the Mentoring Call constitutes an individual service agreed for a specific date and time. The Customer expressly agrees that, at the moment of confirming the reservation and completing payment, they request the immediate commencement of preparation of the service, and acknowledges that upon completion of the session or upon the lapse without use of the reserved time slot without prior cancellation, they forfeit the right to withdraw from the contract within the meaning of § 1837 lit. a) of Act No. 89/2012 Coll. (Civil Code). The Customer shall confirm this consent by actively checking the relevant checkbox during the reservation process prior to its completion.

20C.3.3 The Customer may cancel the reservation free of charge no later than 24 hours before the agreed appointment; after the expiry of this period, the paid price is forfeited.

20C.4 Nature of Educational Services

20C.4.1 The Academy, its content and Mentoring Calls are exclusively educational Services. No content provided within the Academy or Mentoring Calls constitutes investment advice, trading recommendations or any other regulated financial services within the meaning of Directive 2014/65/EU (MiFID II) or any other applicable regulation.

20C.4.2 The Provider does not guarantee that completing the Academy content or the Mentoring Call will lead to the successful completion of a Challenge or to the achievement of any specific trading outcome.

20D.1 General Provisions

20D.1.1 The Provider is entitled to issue and operate discount codes and promotional campaigns ("Discount Codes") enabling Customers to apply a pricing or bonus benefit when purchasing Challenges or other Services through the Platform.

20D.1.2 A discount code is a single-use or reusable alphanumeric identifier assigned by the Provider, which, when applied during the order process, grants the Customer a specific benefit published alongside the code or within the relevant promotional campaign.

20D.1.3 The issuance, distribution, and parameters of Discount Codes are the exclusive right of the Provider and do not form part of these Terms and Conditions pursuant to Article 23. The Provider is entitled at any time and without prior notice to create new Discount Codes, modify their parameters, extend or shorten their validity, restrict their use, or deactivate them entirely. Early termination of the validity of a Discount Code does not affect purchases that were successfully completed with the given code prior to its deactivation.

20D.2 Types of Discount Codes

20D.2.1 The Provider may issue, including but not limited to, the following types of Discount Codes:

(a) Percentage discounts — the code provides a discount expressed as a percentage of the price of the relevant product (for example, "10% off");
(b) Fixed discounts — the code provides a discount expressed as a fixed amount in EUR (for example, "-20 EUR");
(c) Bonus codes — a code providing an additional benefit without a direct impact on the price (for example, a free Drawdown Booster, access to Academy content, or a combination of such bonuses);
(d) Combined codes — a code providing several of the above-mentioned benefits simultaneously.

20D.2.2 The specific type, value, Conditions of application, and restrictions of the Discount Code are published at the time of its distribution and/or during the order process prior to its application.

20D.3 Targeting and Distribution

20D.3.1 The Provider may issue Discount Codes under the following distribution categories:

(a) Public codes — codes available to an unlimited range of persons (for example, published through marketing campaigns);
(b) Individualised codes — unique codes issued to a specific Customer or an unaffiliated person;
(c) Segment codes — codes intended for a pre-defined group of persons (for example, for students, military veterans, or other categories of consumers).

20D.3.2 Individualised and segment Discount Codes do not constitute a 'publicly announced discount from the standard price' within the meaning of Section 12a of Act No. 634/1992 Coll. (CZ) or equivalent regulations, but rather constitute a pricing offer directed at a specific customer or a pre-determined group. This distinction is relevant to the Provider's obligations regarding the disclosure of discounts under applicable consumer protection law.

20D.4 Application of a Discount Code

20D.4.1 A Discount Code is applied during the order process prior to its confirmation. Following the confirmation of an order without the application of a Discount Code, it is not possible to retroactively apply the code or to request reimbursement of the corresponding portion of the price paid.

20D.4.2 The maximum discount amount provided by a Discount Code may be set at a level ranging from one percent (1%) to one hundred percent (100%) of the price of the relevant product. A discount code providing a 100% discount ("Free voucher") entitles the Customer to obtain the relevant product free of charge; however, the Customer remains subject to all other provisions of these Terms and Conditions, including KYC, AML, and trading rules.

20D.4.3 Unless expressly stated otherwise, each Discount Code is applicable:

(a) only once per Y3S account, in the case of an individualised code;
(b) without limitation on the number of redemptions, in the case of a public code explicitly designated as "reusable";
(c) within the validity period published alongside the code or within a promotional campaign.

20D.4.4 The validity period of the Discount Code is determined individually at the time of its creation. The validity of the Discount Code is tied to the moment of its application (order confirmation), not to the moment of activation of the purchased Challenge.

20D.5 Combinability with the Affiliate Programme and Other Benefits

20D.5.1 Discount Codes are, by default, combinable with the Affiliate Programme pursuant to Article 20B under the following conditions:

(a) The Customer may use an Affiliate link or an Affiliate Partner's code at the time of purchase and simultaneously apply a Discount Code;
(b) The Affiliate Partner's commission pursuant to Article 20B.3 shall be calculated on the basis of the net price after application of the Discount Code (i.e., the amount actually paid, exclusive of VAT), and not on the basis of the original list price;
(c) This rule applies equally to direct Level 1 commissions, indirect Level 2 and Level 3 commissions, as well as to the calculation of turnover for the purposes of the Blitz Bonus (Article 20B.4) and the Commission Pool (Article 20B.5).

20D.5.2 Discount Codes cannot be combined with one another, unless explicitly stated otherwise for a specific code. When attempting to apply two or more Discount Codes within a single order, the system shall apply only one code at the Customer's selection.

20D.5.3 Discount Codes cannot be combined with benefits from the NFT Burn programme under Article 20A (vouchers granted on the basis of NFT burn transactions), unless explicitly stated otherwise for a specific code or voucher.

20D.6 Payment Refund and Chargeback

20D.6.1 In the event of a payment refund or refund of a purchase made using an applied Discount Code, the Customer is entitled exclusively to a refund of the amount actually paid (after the discount), and not the original list price prior to the discount.

20D.6.2 Following a payment refund, the relevant Discount Code shall be considered unused only where it is a one-time individualized code and the Provider decides, at its sole discretion, to restore the Customer's access to said code. The Provider shall be under no obligation to reinstate the code.

20D.7 No Monetary Value

20D.7.1 Discount codes have no monetary value, cannot be exchanged for cash, do not constitute a financial instrument, security, or investment product, and cannot be transferred to another person, unless expressly stated otherwise for a specific code.

20D.8 Compliance with § 12a of Act No. 634/1992 Coll. (Omnibus Directive)

20D.8.1 The Provider is obliged, in every discount announcement relating to a specific Challenge package, to state the lowest price at which the given product was offered during the 30-day period prior to the application of the discount, in accordance with § 12a of Act No. 634/1992 Coll., implementing Directive (EU) 2019/2161 (Omnibus). This does not apply to individualized and segmented Discount Codes pursuant to Article 20D.3.1 letter (b) and (c), as these do not constitute a publicly announced discount from the standard price.

20D.8.2 The method and details of implementation of the historical price record-keeping are set out in the internal procedures of the Provider.

20D.9 Misuse of Discount Codes

20D.9.1 The Customer is prohibited from:

(a) obtaining Discount Codes by fraudulent means (for example, by false identification within segmented categories);
(b) resell or commercially distribute individualized Discount Codes;
(c) automatically generate or "scan" potential codes for the purpose of finding valid codes;
(d) create multiple Y3S accounts for the purpose of repeatedly redeeming a one-time Discount Code.

20D.9.2 A breach of provision 20D.9.1 shall be considered a material breach of these Terms and Conditions and shall constitute grounds for the immediate cancellation of the relevant purchases, termination of the Customer's Y3S account, and the enforcement of claims pursuant to Article 13.

20D.10 Tax Aspects

20D.10.1 For VAT and tax record-keeping purposes, the taxable amount shall be constituted by the sum actually paid following the application of the Discount Code, in accordance with Directive 2006/112/EC and Act No. 235/2004 Coll. (CZ).

20E.1 Educational Streams

20E.1.1 Nature of Streams. The Provider may, within the Platform or through integrated streaming channels, organize educational streams ("Streams"), during which the Provider or persons authorized by the Provider ("Streamers") present educational content related to simulated trading, risk management, use of the Platform, and related topics. Streams are part of the Provider's educational activities and serve as a complementary extension of the Academy in accordance with Article 20C.

20E.1.2 Accessibility. Streams are generally freely accessible to registered Customers of the Platform, or to the public, as applicable. Participation in a Stream is voluntary. The Provider reserves the right to restrict access to certain Streams for a specific group of users (for example, holders of a particular type of Challenge) or to make access conditional upon a separate purchase, whereby any such restrictions will be published prior to the start of the Stream.

20E.1.3 No Investment Advice. Streams and their content do not constitute investment advice, an investment recommendation, or a regulated financial service within the meaning of Directive 2014/65/EU (MiFID II) or any other applicable regulation. The content of Streams is exclusively educational and demonstrative in nature and is subject to all disclaimers set out in the introduction to these Terms and in Article 5.1. Any statements, forecasts, or market opinions expressed by a Streamer represent their personal views, not the position of the Provider, and shall not be construed as an instruction to execute any transaction.

20E.1.4 Position of the Streamer. The Streamer does not act as a representative, proxy, or agent of the Provider in entering into contractual relationships with Customers and is not authorised to amend these Conditions or to conclude agreements on behalf of the Provider, unless expressly authorised to do so in writing by the Provider.

20E.2 Voluntary Contributions ("Donations")

20E.2.1 Nature of the Contribution. A person watching the Stream ("Donor") may, through the payment gateway integrated into the Platform or Stream, provide the Provider with a voluntary monetary contribution ("Donation"). Donation represents a voluntary unilateral payment by the Donor in favour of the Provider without any consideration on the part of the Provider and without any entitlement of the Donor to any goods, service, digital content, benefit, or other performance. Donation is not a payment for any Service of the Provider, educational content, or digital product, and does not constitute the settlement of any debt of the Donor towards the Provider.

20E.2.2 Recipient of Funds. Donations are received directly by the Provider (UOwn Corporation s.r.o.) as its own income. The Streamer has no automatic entitlement to a share from any Donation, and the relationship between the Provider and the Streamer in connection with the organisation of Streams is governed by a separate agreement between them and shall have no effect on the rights and obligations of the Donor under this Article.

20E.2.3 No consideration and no digital content. The Donor expressly acknowledges and agrees that:

(a) in connection with a Donation, the Donor shall receive no goods, services, digital content, access, benefits, status, contractually guaranteed expression of gratitude, or any other consideration from the Provider;
(b) any public acknowledgement, display of the Donor's name, a 'shout-out' by the Streamer, or any other similar gesture is solely an expression of goodwill on the part of the Streamer or the Provider, not a contractual obligation of the Provider, and the Donor has no legal claim thereto;
(c) for the same reason, a Donation does not constitute a contract for the supply of digital content or a service within the meaning of Directive 2011/83/EU or Directive 2019/770, and the Donor has no right of withdrawal in connection therewith pursuant to § 1837 of Act No. 89/2012 Coll. (Czech Civil Code), as no such contract is formed.

20E.2.4 Age and Jurisdictional Restriction. A Donation may be made exclusively by a natural person:

(a) over the age of eighteen (18) years;
(b) who is not a resident, national, or otherwise located in jurisdictions excluded pursuant to Article 11.6 of these Terms;
(c) who is domiciled in a member state of the European Union or the European Economic Area.

The Provider may refuse or return Donations originating from sources outside the European Economic Area without stating a reason.

20E.2.5 Method of Payment. Donations are processed through certified third-party payment intermediaries listed in Article 2. The Provider does not store the payment details of the Donor. Donations may be made by credit or debit card, or by other methods supported by the payment intermediary.

20E.2.6 Donation Amount and AML Threshold Values. The Donation amount is determined by the Donor at their own discretion, subject to the following threshold values for the purposes of compliance with anti-money laundering regulations:

(a) Standard Mode: Donations up to one hundred euros (100 EUR) per single transaction and simultaneously up to a cumulative amount of five hundred euros (500 EUR) within the last thirty (30) calendar days from the same Donor — no KYC verification requirement applies; standard verification is carried out through the payment intermediary.
(b) Extended Mode: A Donation in an individual amount exceeding one hundred euros (100 EUR), or one that would cumulatively exceed five hundred euros (500 EUR) within the last thirty (30) calendar days from the same Donor — the Provider is entitled to require KYC verification of the Donor in accordance with Article 11 of these Terms and Conditions prior to accepting the Donation. Pending completion of KYC verification, the payment may be suspended or returned.
(c) EDD mode: Donation in a single amount exceeding one thousand euros (1,000 EUR) — the Provider applies enhanced due diligence measures pursuant to Article 11.4, including verification of the origin of funds. The Provider reserves the right to refuse any such Donation without providing a reason.

20E.2.7 Non-Refundability. A Donation is non-refundable upon its successful receipt by the Provider. The Donor acknowledges that upon confirmation of the transaction, they shall have no entitlement to a refund of the amount nor to any other form of compensation. This provision shall not apply in the following cases:

(a) a demonstrable technical error in payment (for example, a duplicate withdrawal of an amount);
(b) unauthorised use of a payment card (resolved through the chargeback procedure via the payment system);
(c) cases in which the mandatory consumer law of the country of habitual residence of the Donor expressly requires the return of the amount;
(d) cases where the Provider refuses to accept a Donation pursuant to Article 20E.2.4 or 20E.2.6.

20E.2.8 Processing of Personal Data of the Donor. Upon the making of a Donation, the Provider processes the personal data of the Donor to the extent necessary for payment processing, tax and accounting purposes, fraud prevention, and compliance with AML regulations, in accordance with Regulation (EU) 2016/679 (GDPR) and the Provider's Privacy Policy.

Public Display of the Donor's Name. Unless the Donor indicates otherwise during the process of making a Donation, the Provider and the Streamer are entitled to publicly display the name or username ("username") provided by the Donor at the time of the Donation, as well as the amount of the Donation, within the Stream or associated communication channels (e.g., chat, on-screen display). The Donor has the right to request anonymous processing of the Donation by actively selecting the relevant option ("opt-out") in the process of making the Donation prior to its confirmation; in such a case, neither the name nor the nickname of the Donor will be publicly displayed. The Provider processes the public display of the Donor's name on the basis of the Provider's legitimate interest in maintaining transparent and interactive communication during the Stream pursuant to Art. 6(1)(f) of the GDPR; the Donor may object to such processing at any time.

20E.2.9 Tax aspects for the Donor. The Provider is a commercial company and the Donation constitutes its taxable income pursuant to Act No. 586/1992 Coll. (Czech Income Tax Act, hereinafter "ITA"). The Provider is not a public benefit taxpayer within the meaning of Section 17a of the ITA and does not issue Donors with donation receipts entitling them to a reduction of the tax base pursuant to Section 15(1) and Section 20(8) of the ITA. The Donor is solely responsible for assessing and fulfilling any tax obligations that may arise for them from making the Donation in the jurisdiction of their tax residence. The Provider does not provide tax advisory services.

20E.2.10 No investment or commitment character. A Donation shall not under any circumstances constitute:

(a) a deposit, investment, or loan provided to the Provider;
(b) a share in the profit, financial results, or commercial assets of the Provider;
(c) a security, financial instrument, or any form of investment product;
(d) an advance payment, prepayment, or payment of future consideration;
(e) the fulfilment of any obligation of the Donor towards the Provider.

Donation does not establish a contractual or obligatory relationship between the Donor and the Provider beyond the mere acceptance of the payment.

20E.2.11 Active Confirmations of the Donor. Prior to completing any Donation, the Donor shall be required to actively confirm via a checkbox in the payment interface that:

(a) they are over eighteen (18) years of age and are not a resident or national of the prohibited jurisdictions pursuant to Article 11.6;
(b) they acknowledge that the Donation is non-refundable and is made without entitlement to any consideration whatsoever;
(c) acknowledges the information on the processing of personal data and (where relevant) has accepted the anonymity option pursuant to Article 20E.2.8.

These confirmations are recorded with a timestamp and serve as evidence of consent for the purposes of applicable law.

20E.2.12 Rights of the Provider. The Provider reserves the right to:

(a) refuse acceptance of a specific Donation without stating a reason, whereby the received amount shall be returned to the Donor without undue delay;
(b) suspend or fully terminate the Donations functionality at any time without prior notice;
(c) to modify the technical parameters, thresholds, and procedural rules of Donations, whereby such changes shall not be deemed material amendments to these Conditions pursuant to Article 23 and shall take effect upon their publication on the Website or within the payment interface;
(d) to decline or return a Donation in respect of which there is a suspicion of fraud, money laundering, terrorist financing, or any other violation of applicable legislation.

21.1 These Terms and Conditions are governed by and construed in accordance with the laws of the Czech Republic, without regard to its conflict of laws provisions.

21.2 For Customers who are consumers within the meaning of EU consumer protection law and who have their habitual residence in an EU/EEA member state, the mandatory consumer protection provisions in force in the country of their residence shall apply to the extent that they afford a higher level of protection than Czech law.

21.3 No provision of these Terms shall deprive consumers of the protection afforded by the mandatory provisions of the law of the country of their habitual residence, in accordance with Article 6 of Regulation (EC) No 593/2008 (the Rome I Regulation).

The Customer is required to be fully informed of all local laws and regulations pertaining to their participation in the Y3S Challenge and to comply therewith. The Customer acknowledges that they are engaging in the Services entirely at their own risk and accepts full responsibility for their participation. By using the Services, the Customer confirms that they are at least 18 years of age and acknowledges that the Provider shall bear no liability for any actions taken by the Customer that may violate applicable local laws. The Customer bears sole responsibility for any such violations.

22.1 Tax Obligations

The Customer is solely responsible for determining what taxes apply to the Performance-Based Rewards received, as well as for withholding, collecting, reporting, and remitting the correct taxes to the relevant tax authorities. The Provider is not responsible for determining whether taxes apply to the Customer's Performance-Based Rewards, nor for their collection, reporting, or remittance to the relevant authorities.

Customers will be notified of any material changes at least 14 days prior to their entry into force, except in cases where:

(a) the change is required by law or regulation;
(b) the change is necessary to address a security issue;
(c) the change is beneficial to the Customer.

23.2 Customers shall be deemed to have accepted the changes if they continue to use the Services after the effective date of the relevant changes. If the Customer does not agree with the amended Terms, they are obliged to cease using the Services before the date of their entry into force and are entitled to terminate the contract without any penalty.

23.3 Notice of amendments to these Terms will be delivered to Customers via email or by updating the already published Terms on the Provider's Website.

23A.1 Neither party shall be liable for any failure or delay in the performance of its obligations under these Terms where such failure or delay arises from circumstances beyond the reasonable control of that party, including, but not limited to: acts of God, natural disasters, war, terrorism, civil unrest, embargo, acts of civil or military authorities, fire, floods, accidents, pandemic, epidemics, strikes, or shortages of transportation, facilities, fuel, energy, labour, or materials.

23A.2 The affected party is obliged to notify the other party immediately of the force majeure event and to make reasonable efforts to mitigate its consequences. If a force majeure event continues uninterrupted for more than 60 days, either party shall be entitled to terminate these Conditions by delivering written notice to the other party.

23B.1 Informal Resolution: Prior to initiating any formal dispute resolution proceedings, the parties undertake to attempt to resolve any dispute informally by contacting the Provider at ask@y3s.app. The parties shall have a period of 30 days from the date of receipt of the notice of dispute in which to attempt its informal resolution.

23B.2 Jurisdiction of the court: Subject to Article 23B.3, any dispute arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts of the Czech Republic, specifically the courts having jurisdiction according to the registered seat of the Provider.

23B.3 Alternative Dispute Resolution (ADR/ODR) for consumers in the EU: For Customers who are consumers residing in the EU/EEA:

(a) You may have access to alternative dispute resolution (ADR) procedures. The Czech Trade Inspection Authority (Česká obchodní inspekce – ČOI) is the competent alternative dispute resolution body for consumer disputes. Website: www.coi.cz
(b) No provision of these Terms limits Your right to bring an action before the courts of the country of Your residence, where the applicable consumer protection law so permits.

Provider: UOwn Corporation s.r.o.

Registered office: Vojtěšská 211/6, Nové Město, 110 00, Praha 1, Czech Republic

Identification Number (IČO): 21975469

VAT Number: CZ21975469

Commercial Register: Maintained by the Municipal Court in Prague, Section C, Insert 409265

E-mail: ask@y3s.app