Account reset

What it means

In a prop firm, a reset lets a trader restart the same evaluation without buying a new one. It is common at futures firms and increasingly offered elsewhere, typically at a discount to the full fee and sometimes only within a set number of days of a breach.

A free retake (or free retry) is a related offer: the trader gets another attempt at no charge if they end a time-limited phase in profit without reaching the target and without breaching any rule. Firms that dropped time limits often dropped free retakes with them.

Resets and retakes affect reporting. Decide whether a reset counts as a new evaluation in pass-rate and revenue figures, and keep the definition fixed.