Disclosure: This page contains affiliate links. We may earn a commission if you sign up through our links — at no extra cost to you. It never affects our reviews or the public Trust Score.
Prop Firm Reset Option: What It Is And When To Use It |
Written by Renan Filho, Technology & AI specialist. Expiry dates and activation fees are always visible.
Quick Answer: A prop firm reset option lets you restart a failed evaluation for a fee, usually 10-20% of the original cost. It's a second chance, not a freebie. You lose the fee but keep the account size. Use it when you were close to profit targets, not when you blew the account. Smart traders treat it as insurance, not a habit.
Key Facts for US Traders (2026)
| Market | Detail | Source |
|---|---|---|
| US indices | S&P 500, NASDAQ, Dow Jones | NYSE / NASDAQ |
| Regulator | CFTC (futures) / SEC (securities) | Official |
| Prop firm model | Funded evaluations with profit split 70-95% | Vendor terms |
| Verification | Updated regularly | PropFirmDiscountApp |
| Best deal today | Code DISCOUNTAPP — up to 90% off | Updated regularly |
How reset options work across US-friendly prop firms
FTMO charges a reset fee equal to 30% of the original evaluation cost, but you must have lost less than 50% of your max drawdown. Apex Trader Funding offers a free reset once per account, but only if you hold the account for at least 7 days. Topstep gives you a 'reset' by buying a new combine at a 50% discount if you passed the first phase. FundedNext has a 'reset' for 15% of the fee, but you must have traded at least 5 days. True Forex Funds charges 20% and requires a 10-day minimum. The5ers and E8 Markets offer no reset—you just buy a new plan. My take: Apex's free reset is the best deal, but read the fine print on timing.
Reset vs. starting over: which saves you more money?
Compare numbers. A $100K FTMO evaluation costs $540. Reset costs $162. A new evaluation costs $540 again. So reset saves $378. Apex 50K costs $137, reset is $0 (first time). New plan costs $137. Topstep 50K combine costs $165; reset via discount is $82.50. FundedNext 100K costs $499; reset is $75. True Forex 100K costs $389; reset is $78. If you fail three times, resets cost less than one new evaluation. But if you fail early (first week), buying a new plan might be cheaper if the firm offers a sale. Always check promo codes. My opinion: reset is worth it only if you passed at least 50% of the profit target. Otherwise, start fresh.
When to hit the reset button—and when to walk away
Use reset when: you're within 20% of the profit target, or you lost less than 30% of your drawdown. Don't use reset if you blew the account in the first 3 days—you'll likely fail again. Also, avoid reset if your strategy has a losing streak—fix that first. Apex's free reset is a no-brainer, but only once. FTMO's reset is good if you were close. If you're consistently failing, stop resetting. Save the money. Take a break. Review your risk management. A reset is not a strategy. It's a band-aid. Use it sparingly, or you'll burn cash.
Cost comparison table: reset fees and conditions
Here's a quick breakdown of reset costs for popular US-friendly prop firms. Fees are for a $100K account (or closest size). Conditions vary, so check the latest rules. I've ranked them by value for money, not by brand loyalty.
Pitfalls that turn a reset into a money pit
First, some firms require you to meet a minimum trading day count before reset—if you miss it, no reset. Second, resets often reset your profit target, but not your drawdown—so you have less room. Third, some firms charge a 'reset' but then give you a new account with a lower leverage. That's a rip-off. Fourth, watch out for hidden fees: Apex charges a $10 'reset activation' fee, even on the free one. Fifth, never reset on a Friday—you'll have to wait through the weekend, and the market might gap against you. My advice: treat resets like a tool, not a crutch. Use them once, max twice, then change your approach.
Quick Comparison
| Firm | Reset fee (100K account) | Conditions |
|---|---|---|
| FTMO | $162 (30% of $540) | Loss <50% of max drawdown |
| Apex | $0 (first time) | Hold account 7+ days |
| Topstep | $82.50 (50% discount) | Passed phase 1 |
| FundedNext | $75 (15% of $499) | Traded 5+ days |
| True Forex | $78 (20% of $389) | Traded 10+ days |
| The5ers | N/A | No reset, buy new plan |
| E8 Markets | N/A | No reset, buy new plan |
Frequently Asked Questions
Can I reset my prop firm account more than once?
Most firms allow multiple resets, but some like Apex only give one free reset. After that, you pay full price for a new evaluation.
Does resetting my account affect my profit split?
No, your profit split stays the same. But check if your drawdown resets—sometimes it doesn't, which makes it harder.
Is a prop firm reset option cheaper than buying a new evaluation?
Usually yes, by 50-80%, but only if you were close to passing. If you failed early, buying a new plan during a sale might be cheaper.
What happens to my trading stats after a reset?
All stats reset to zero. You start fresh, but your past performance is still visible to the firm, so don't expect a clean slate for evaluation.
Can I reset after I've been funded?
No, resets only apply to evaluation accounts. If you lose funded status, you must reapply from scratch.
Conclusion
Reset options are a solid safety net, but they aren't free money. Apex's free reset is the best deal, FTMO's is fair, and The5ers' lack of reset hurts. Use a reset only when you've shown real progress. If you fail twice, stop and fix your strategy. Don't throw good money after bad. Now, check your firm's reset policy and decide if it's worth it for your next attempt.
All firms · Today's offers · FTMO vs Apex
Discount codes and expiry dates are always shown before checkout. See how we rank firms on our methodology page.
PropFirmDiscountApp · Discount codes with expiry dates · See today's offers
Related Articles
Risk warning: Trading involves substantial risk of loss and is not suitable for every investor. Past performance is not indicative of future results. Prop firm evaluations are simulations, not regulated brokerage accounts.