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.
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- 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 is my trading account set up after purchase?After purchase, your simulated account is provisioned and your platform login credentials are emailed to you shortly after. You choose your connection at checkout: Rithmic (R|Trader Pro + free ATAS license), DXtrade (browser-based), or Volumetrica — all with real-time market data included.