TLDR: At FundedNext Futures, traders can reset their Challenge at any time, even without breaching, to restart with a fresh account at a lower cost than buying a new one. A reset restores the initial balance, clears trading metrics, and refreshes the loss limits. Reset fees depend on the Challenge model and size. Resets remain unlimited up to the maximum allocation and do not count toward the monthly 15-new-Challenge limit. If a Challenge is breached, traders can reset at the reduced fee: after a maximum loss limit breach, trading can be resumed immediately once the reset is processed, while after a daily loss breach, trading resumes at the next trading session open at 5 PM CT.
At FundedNext Futures, traders can reset their Challenges at any time. This allows traders to start fresh, even if they haven’t breached their Challenge, and provides a cost-effective way to refine strategies. Reset fees vary by Challenge type and size.
What happens when I reset my account?
When you reset your Challenge, you will receive a new Challenge with everything starting from the beginning, as if you are beginning fresh:
Your balance returns to the initial amount.
Your trading metrics are cleared.
Your loss limit is refreshed.
Note: If you had your previous Challenge connected to a trade copier or trading journal, that connection will no longer be active. You will need to reconnect using your New Account Name before you resume trading.
This applies to any third-party platform or tool that references your Tradovate Account Name.
Reset Fees for FundedNext Futures Challenge
Reset fees vary by Challenge type and size.
Model | Current Price | Reset Price |
Rapid 25K | $99.99 | $91.99 |
Rapid 50K | $199.99 | $183.99 |
Rapid 100K | $279.99 | $257.99 |
Legacy 25K | $79.99 | $73.99 |
Legacy 50K | $149.99 | $137.99 |
Legacy 100K | $249.99 | $229.99 |
Bolt 50K | $99.99 | $91.99 |
How it works:
Example: If your $50K Legacy Challenge originally cost $149.99, the reset fee is $137.99.
Example: If your $50K Rapid Challenge originally cost $199.99, the reset fee is $183.99.
Example: If your $50K Bolt Challenge originally cost $99.99, the reset fee is $91.99.
Resetting is cheaper than starting a brand-new Challenge!
Note: Resets will remain unlimited up to the maximum allocation. Resets do not count toward your monthly limit of 15 new Challenges. To learn more about how many accounts you can hold with FundedNext Futures, please click here.
What are the reset Challenge reset rules?
If your account is breached due to a loss limit violation, you may reset the Challenge at a reduced cost. The timing for when you can resume trading depends on the type of breach:
Maximum Loss Limit Breach: If you reset after a maximum loss breach, you can resume trading immediately.
Daily Loss Limit Breach: If you reset after a daily loss breach, you can resume trading at the start of the next trading session (5 PM CT).
Example Scenario:
If you breach a limit and reset on May 1st:
Max Loss Limit Breach: You can start trading again on May 1st as soon as the reset is processed.
Daily Loss Limit Breach: You must wait until the market reopens at 5 PM CT on May 1st to begin your next session.