Account Reset Explained

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Definition

Some firms allow traders to reset a failed evaluation or funded account for a fee, returning the account to starting balance and rules. Cheaper than purchasing a new eval outright, but still costs money.

Explanation

Account resets typically cost 20-40% of the original evaluation fee, making them more economical than starting fresh. The reset restores your original account balance and resets all rule violations, giving you a clean slate. Most firms offer this option within 30-60 days of a breach, though some have unlimited reset windows.

Example

If you breach a $100k evaluation account that originally cost $500, an account reset might cost $150-200 instead of paying the full $500 for a new evaluation.

Why It Matters

Resets provide a cost-effective way to recover from rule violations without losing your entire investment in the evaluation process.

Common Misconceptions

  • Account resets are always available immediately after a breach

    Reality: Many firms have waiting periods or limited time windows when resets can be purchased

  • Resetting preserves your trading history and progress

    Reality: Resets completely wipe your account history and return you to day one of the evaluation