At PIP Traders Funding LLC, we offer a Drawdown Reset for Certified PIP Traders using Sim Funded Accounts. This feature gives traders the opportunity to start fresh after significant losses or breaches, and continue developing within a professional trading environment.
⚠️ When Is a Drawdown Reset Available?
You may request a Drawdown Reset if:
✅ Your Sim Funded Account has been breached due to a drawdown violation (daily or overall drawdown), or
✅ Your account is currently at a -5% or greater loss, even if not officially breached yet
❌ Resets are not available if the account was breached due to violations unrelated to drawdown (e.g., copy trading, account management, or consistency abuse).
🛒 Where to Access the Drawdown Reset
The Drawdown Reset can be requested directly through the trader dashboard of any eligible Sim Funded Account.
Once payment is completed:
The system will automatically close the current account
A new Sim Funded Account will be created with all conditions reset
No need to contact support unless you encounter an issue
💰 Fee and Pricing Structure
✅ This is a one-time fee
❌ Discount codes are not accepted for Drawdown Resets
The price is calculated as:
Evaluation Price + 50% of that price
📌 Example:
If you passed a $100,000 Two-Step Evaluation, and the price of that evaluation was $598:
The Drawdown Reset fee would be: $598 + $299 = $897
🔄 Fees may vary depending on your evaluation type, account size, and current pricing at the time of the request.
🔁 What Happens During a Drawdown Reset?
Once activated:
You receive a brand new Sim Funded Account
All trading history is cleared
Your account is reset to a 70/30 profit split
The 30-calendar-day timer for your first reward restarts
Your daily and overall drawdown limits are refreshed
⚠️ The new account is treated as a completely new funding cycle. You must meet all standard reward requirements again, including 5 trading days and rule compliance.
✅ Summary
Item | Details |
Who can request it | Certified PIP Traders with Sim Funded Accounts |
When it's available | After drawdown breach OR if account is at -5% or worse |
Where to request it | Trader dashboard of the eligible account |
What it resets | New Sim Funded Account, cleared history, reset parameters |
Profit split after reset | 70/30 split resets |
Reward eligibility after reset | 30-day timer restarts; 5 trading days required |
Fee structure | Evaluation price + 50% (one-time fee) |
Example | $598 eval → reset fee is $897 ($598 + $299) |
Price notes | Price may vary based on account and current eval cost |
Discount code | Not eligible |
Processing | Fully automated; no open trades allowed at the time of reset |
Have questions? Contact [email protected] and our team will guide you.