Can I Reset My Challenge?

Cove Funded strives to empower all our traders to succeed on our platform. In our Funded Account Challenges, when a requirement is violated, you will automatically be ineligible to obtain a Funded Account. We give all our traders the option to Reset their Funded Account Challenge anytime throughout Phase 1 (Evaluation Stage). 

How Does the Reset Help Traders?

We understand and appreciate that failing is not a good feeling. Our Reset Function allows our traders to change their trading approach and strategy and attempt the challenge again for 30% less than the original cost! You can use this feature if you fail your challenge or in your in-progress account when you realize you are not getting a good result. For traders who fail a challenge at stage 2 we offer a 15% discount when you repurchase your challenge. 

How Do I Reset My Challenge?

You can Reset your Funded Account Challenge by following this simple step-by-step process: 

  • Go to your Funded Account Dashboard. 
  • Select the Funded Account Challenge you want to Reset. 
  • Click the “Reset Challenge” option. 
  • A Pop-Up Window will appear highlighting the Discount. 
  • Select your preferred Payment Method. 
  • Click “Reset & Keep Trading” (or “Cancel” if you do not want to Reset). 

Once you have followed those steps, you will be all set to trade again!