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Payout Terms

Reset Fee

A discounted fee to restart a failed evaluation from the beginning instead of purchasing a brand new challenge.

A reset fee allows traders who failed an evaluation to restart from a fresh account at a reduced cost compared to buying a completely new challenge.

How It Works

  1. You fail an evaluation (breach drawdown, etc.)
  2. Instead of buying a new challenge at full price, you pay a reset fee
  3. Your account resets to starting balance with a fresh evaluation
  4. All previous trading history is cleared

Cost Comparison

| Account Size | New Challenge | Reset Fee | Savings |

|-------------|--------------|-----------|----------|

| $50K | $167 | $80 | 52% |

| $100K | $207 | $80 | 61% |

| $150K | $297 | $100 | 66% |

When to Use a Reset

  • You're close to the profit target but breached on a bad day
  • You made a rule violation (not a strategy problem)
  • You still believe in your strategy and trading approach

When NOT to Use a Reset

  • You've failed multiple times — reassess your strategy first
  • The breach was due to fundamental issues (oversizing, no stop losses)
  • You're "revenge resetting" — paying emotionally rather than rationally

Free Resets

Some firms offer one or more free resets as part of the challenge package, or as promotional offers. This effectively gives you multiple attempts for a single fee.

Reset vs New Challenge

A reset is identical to a new challenge — same rules, same starting balance. The only advantage is the lower price.

Related Terms

Breach (Account Violation)
When a trader violates one or more of a prop firm's rules, resulting in the account being closed or suspended.
Challenge Phase
The evaluation period where a trader must meet specific profit targets and follow risk rules to qualify for a funded account.
Funded Account
A simulated trading account provided by a prop firm after passing their evaluation, where you trade with the firm's capital.

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