Free Reset

Rules

A free reset lets a trader restart a failed evaluation without paying again. Used as a competitive differentiator by some firms.

Free reset is the ability to restart a failed evaluation without paying the challenge fee again. Some firms offer it as a one-time benefit on every account; others bundle it into premium evaluation tiers; some require a paid reset (typically 50–80% of the original fee).

Reset mechanics vary. The most common: after breaching a drawdown rule, the trader can elect to reset the account back to starting balance and try again, retaining the original purchase. Less common: the trader can reset the timer/day-count without resetting the equity.

Free resets are a meaningful comparison point for risk-averse traders. An evaluation with a $200 fee and a free reset effectively gives two attempts for one fee — materially better expected value than the same evaluation without a reset. Some firms have made free resets a primary marketing feature; others avoid them entirely because the pass-rate economics depend on the cost of failure.

Confirm whether the reset is automatic on first breach or requires a manual request, how many resets are available per purchase, and whether the reset preserves any progress (it usually does not).

Keep going

Put this term to work