To reset your The5%ers challenge, you need to purchase a new evaluation. The5%ers does not offer free resets.
Here are the costs to start a new 2-step evaluation:
- -$20,000 account: $95
- -$60,000 account: $245
- -$100,000 account: $375
The reset process: 1. Your current account is terminated when you hit drawdown or violate a rule 2. Purchase a new evaluation from https://the5ers.com 3. You receive fresh credentials for MT5 4. Start the 2-step evaluation from scratch
You will need to hit the profit target again ($1,200 for $20,000 up to $6,000 for $100,000).
Tip: Before resetting, review what caused you to fail. Common reasons include hitting the 4% max drawdown or the 4% daily loss limit.