Challenges
Challenge resets are unlimited and cost the same as your tier's entry fee. Each reset is a brand-new account with a new account ID — the old account stays closed. Two-Phase resets always start back in the evaluation phase.
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If your challenge account is closed — usually because you exceeded the max loss — you can buy a reset and start again. There is no cap on resets: they are unlimited.
How resets work:
- Price: a reset costs exactly the same as the entry fee for your tier — One-Phase: $440 / $600 / $725 list; Two-Phase: $165 / $265 / $400 list. Promo codes apply to resets the same way they apply to entries.
- A reset is a brand-new account. It gets a new account ID and starts fresh at the published starting balance with all rules in force. It does not extend, repair, or restore your old account — the prior account stays in its closed state.
- Two-Phase resets always begin in the evaluation phase, no matter which phase your previous account was in. There is no way to reset directly back into a funded account.
- One-Phase resets start a fresh funded account, same as a new entry.
A reset is optional — you can also simply walk away, or buy a different tier or format as a new entry instead. Reset fees, like entry fees, are non-refundable once the account is provisioned.
Let us know if this article answered your question.
- Are challenges real money or simulated?Challenge accounts use simulated (virtual) funds against real-time market data — none of your capital is at risk beyond the fees you pay. The payouts, however, are real cash: you keep 90% of every payout, issued by Prop Account, LLC and disbursed via Rise, typically within 24–48 hours of request.
- Can I run multiple challenges at once?Yes — you can hold up to $1,000,000 in combined active simulated accounts at a time, in any mix of formats and tiers (roughly 20 × $50K accounts). Purchases above the limit wait on hold and activate when a slot opens. One user profile per person.
- Challenge payout amountsEvery challenge account pays out exactly 5 times, then closes. One-Phase pays $1,500–$3,000 per payout by tier with lifetime caps of $9,000–$19,000. Two-Phase milestones range from $500 to a $9,000 final cap with lifetime caps of $6,500–$20,500. You keep 90% of every payout.
- Challenge vs. Trade League: what's the difference?Challenges are individual funded-account products with no timer and published payout amounts — payouts 1–4 are fixed dollar amounts and the 5th pays up to a published cap. Trade League is a monthly ranked tournament where everyone trades an identical $50,000 account and the top 10% of paid entries share a revenue-share pool.
- How much does a One-Phase challenge cost?One-Phase list pricing is $440 ($50K), $600 ($100K), and $725 ($150K). Current promotions may reduce the price — enter the promo code at checkout and the discounted price shows before you pay. Resets cost the same as entry. One-time payment by card, no subscriptions, no activation fees.