Terms of Service — Spike Funded

1. Parties and definitions

These Terms of Service (the "Terms") form a binding agreement between you (the "Participant", "you") and Tedafunded LLC, a limited liability company registered in Wyoming, United States (Filing ID 2025-001817067), with its registered address at 1309 Coffeen Avenue STE 1200, Sheridan, WY 82801 (the "Company", "we", "us"). Spike Funded is a trading name of Tedafunded LLC.

In these Terms:

"Evaluation Program" means the skill-assessment service described in Section 2.
"Simulated Account" means a virtual trading environment funded with virtual capital, in which no real-money orders are executed.
"Evaluation Fee" means the one-time fee paid to access an Evaluation Program.
"Performance Reward" (or "payout") means a contractual payment made under the independent contractor arrangement described in Section 6.

2. Nature of the services

The Company operates trader evaluation programs conducted exclusively on Simulated Accounts using virtual capital. Orders placed by Participants are recorded in a simulated environment; they are not routed to any exchange, broker or counterparty, and no real-money position is opened on your behalf.

The Evaluation Fee purchases access to an evaluation service only. It is not a deposit, a subscription to a financial product, an investment, a contribution of capital, or a managed-account arrangement. The Company does not hold, safeguard, pool, manage or trade any money belonging to Participants at any time.

3. No regulated financial services

The Company is not a broker-dealer, investment adviser, futures commission merchant, commodity trading advisor or commodity pool operator, and is not supervised by the Securities and Exchange Commission, the Commodity Futures Trading Commission, FINRA, the NFA or any comparable authority. Nothing on this site or within the platform constitutes investment advice, a recommendation, or a solicitation to buy or sell any security, derivative or other financial instrument. The Company provides no brokerage, no investment advice and no asset management.

4. Eligibility

You must be at least 18 years old and have legal capacity to enter into this agreement.
You must provide accurate, current and complete information, and keep it up to date.
One account per person. Creating or controlling multiple accounts is prohibited.
The Evaluation Programs are not available to residents of restricted jurisdictions [[TO_CONFIRM: restricted country list — default: OFAC-sanctioned jurisdictions]]. You represent that you are not located in, or a resident of, such a jurisdiction, and that you are not subject to applicable sanctions lists.

5. Program rules

Each Evaluation Program is governed by published program rules, which are incorporated into these Terms by reference and may include profit targets, maximum drawdown limits, daily loss limits and minimum trading days [[TO_CONFIRM: exact rule values]].

The following practices are prohibited and are grounds for immediate termination:

Latency arbitrage or any exploitation of delays, gaps or errors in simulated pricing.
Strategies whose profitability depends on limitations of the simulation rather than on market analysis.
Coordinated trading across multiple accounts, including group or copy arrangements designed to hedge outcomes.
Account sharing, transfer or sale, and use of another person's identity.

6. Funded stage and contractor relationship

Participants who satisfy the program rules may be offered engagement as an independent contractor under a separate written agreement. Under that agreement, the contractor continues to operate a Simulated Account and may become entitled to Performance Rewards calculated by reference to simulated results.

Performance Rewards are contractual payments for services. They are not investment returns, profits on customer capital, interest, or the withdrawal of any balance belonging to the Participant. Identity verification (KYC) must be completed before any Performance Reward is released; see our AML / KYC Policy. Performance Rewards are administered through our payout partner and are subject to the terms of the contractor agreement.

7. Fees, billing and chargebacks

Evaluation Fees are payable in advance and are stated at the point of purchase. Payments are processed by our payment providers; we do not store full payment card details. Refund eligibility is governed by our Refund Policy. Where a refund is due, it is processed by the original payment processor back to the original payment method.

Chargebacks. If you believe a charge is incorrect, you must contact us first at contact@spikefunded.com. Initiating a chargeback or payment dispute instead of following the refund process is a material breach of these Terms and is grounds for immediate termination of your account and forfeiture of any pending Performance Reward, without prejudice to our other rights.

8. Intellectual property

The platform, its software, analytics, dashboards, trademarks, logos and content are owned by the Company or its licensors and are protected by intellectual property law. You receive a limited, non-exclusive, non-transferable and revocable licence to use the platform for the purpose of participating in an Evaluation Program. You may not copy, reverse engineer, scrape, resell or create derivative works from any part of the platform.

9. Termination

You may close your account at any time. We may suspend or terminate your access, with or without notice, where you breach these Terms or the program rules, where we suspect fraud, abuse, sanctions exposure or unlawful conduct, or where required by law or by one of our providers. Termination does not entitle you to a refund except as provided in the Refund Policy.

10. Disclaimers and limitation of liability

The platform is provided "as is" and "as available", without warranties of any kind, express or implied, including merchantability, fitness for a particular purpose and non-infringement. We do not warrant that the platform will be uninterrupted, error-free, or that simulated pricing will match any live market. Please read our Risk Disclosure.

To the maximum extent permitted by law, the Company shall not be liable for indirect, incidental, special, consequential or punitive damages, or for lost profits, lost opportunities or lost data. The Company's total aggregate liability arising out of or relating to these Terms shall not exceed the total fees you paid to the Company in the twelve (12) months preceding the event giving rise to the claim.

11. Indemnification

You agree to indemnify and hold harmless the Company, its members, officers, employees and providers from any claim, loss, liability, cost or expense (including reasonable legal fees) arising out of your use of the platform, your breach of these Terms or the program rules, or your violation of any law or third-party right.

12. Governing law and dispute resolution

These Terms are governed by the laws of the State of Wyoming, United States, without regard to conflict-of-laws principles.

[[TO_CONFIRM: arbitration seat/rules — default: binding arbitration, Wyoming, AAA rules, class action waiver]] Any dispute arising out of or relating to these Terms shall be resolved by binding arbitration seated in Wyoming, administered under the rules of the American Arbitration Association. You and the Company waive any right to participate in a class, collective or representative action.

13. Changes to these Terms

We may update these Terms from time to time. The "Last updated" date above reflects the current version. Material changes will be notified by email or in-platform notice. Continued use after the effective date constitutes acceptance.

14. Contact

Tedafunded LLC, 1309 Coffeen Avenue STE 1200, Sheridan, WY 82801, United States.
Email: contact@spikefunded.com — see also our contact page.