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Definition

Reset (challenge reset)

Paying to restart a failed or in-progress evaluation, often at a discount, keeping the same program.

Resets monetise near-misses: after a breach (or before one, to erase a bad start) you pay a reduced fee and the account restarts fresh.

Discounted resets are also a marketing surface — reset codes circulate exactly like challenge discount codes.

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General industry definitions — individual firms define terms differently in their own ToS; the decoded rulebook for each firm is the source of truth. Educational, not financial advice.

FundedWiki

Every prop-firm rule decoded — get funded, never get voided, get paid.

Informational and comparison content only — not financial advice, and not affiliated with the firms covered. Rules change often; always verify against a firm's official terms before relying on any detail. FundedWiki may earn a commission from links to firms.