Account resets provide traders the opportunity to restart a challenge after exceeding drawdown limits or daily loss limits. This feature allows you to maintain your relationship with YRM Prop even after experiencing trading setbacks.
Reset Eligibility You may request a reset in the following scenarios:
Your challenge account has hit the maximum drawdown limit
Your challenge account has exceeded the daily loss limit
Reset Fee Structure for Challenge Accounts YRM Prop offers discounted reset fees for the first two 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 discounted reset, any subsequent resets will be at the regular monthly entry fee for that account tier.
How to Request an Account Reset
Contact our support team through your trader dashboard or email support
Explain your reset request and which account needs to be reset
Receive a discount code from our support team (if eligible for discounted pricing)
Purchase a new challenge using the provided discount code
Receive new account credentials within 24 hours of purchase
Reset Account Rules
When you purchase a new challenge after a 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 in your original account
The minimum trading days requirement starts over
Reset Limitations
Discounted resets are limited to 2 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 requesting a reset:
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 purchase a smaller account size if appropriate
Understanding and properly utilizing the reset procedure can help you maintain your journey with YRM Prop despite inevitable trading setbacks that all traders experience.