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Free Reset

Definition

A feature offered by some prop firms that allows traders to restart a failed challenge at no additional cost.

How It Works

Free resets let you try the evaluation again without paying another challenge fee. Some firms offer unlimited free resets, others offer one or two.

Conditions vary — some require you to have reached a minimum profit level before failing, while others reset automatically. Free resets can dramatically reduce the effective cost of getting funded, especially for traders who fail their first attempt.

When comparing firms, consider how many free resets are available and what the conditions are.

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