Account resets provide traders the opportunity to restart a challenge or funded account after exceeding drawdown limits. This feature allows you to maintain your relationship with YRM Prop even after experiencing trading setbacks.
Reset Eligibility
You may reset your account in the following scenarios:
Your account has hit the maximum drawdown limit
Your account has exceeded the daily loss limit
You wish to voluntarily reset to implement a new trading strategy
Reset Fee Structure for Challenge Accounts
YRM Prop offers discounted reset fees for the first three resets per account:
Account Size | Discounted Reset Fee | Regular Reset Fee |
$50K Challenge | $85 | $149 |
$100K Challenge | $159 | $249 |
$150K Challenge | $219 | $349 |
After your second reset, the fee reverts to the regular monthly entry fee for that account tier.
How to Request an Account Reset
Log in to your YRM Prop dashboard
Navigate to the "My Accounts" section
Select the account you wish to reset
Click the "Reset Account" button
Review the reset fee and terms
Complete payment for the reset fee
Receive new account credentials within 24 hours
Reset Account Rules
When your account is reset:
You receive a fresh start with the original account balance
Your profit target remains the same as the original challenge
All trading rules and parameters remain unchanged
Previous trading history is archived but remains visible in your dashboard
The minimum trading days requirement starts over
Reset Limitations
Discounted resets are limited to 3 per account
Reset requests must be submitted within 30 days of account closure
Accounts cannot be reset if closed due to rule violations other than drawdown limits
Strategic Considerations for Resets
Consider these factors before resetting your account:
Review what went wrong - Analyze your trading mistakes before starting fresh
Adjust your strategy - Use the reset as an opportunity to refine your approach
Manage your capital - Budget for potential reset fees in your overall trading plan
Consider account size - You may choose to reset to a smaller account size if appropriate