Failed a Prop Firm Challenge? How to Restart Without Losing More Than You Must
An honest answer on free retries and resets, plus a cost plan for retaking a prop firm challenge without spending more than you need to.
OctoFunded Trading DeskUpdated ยท 8 min read
A prop firm free retry is a second attempt at a failed challenge at no extra cost, and OctoFunded does not offer one: if you breach a rule, that account ends and your next attempt is a new purchase.
We would rather say that in the first line than let you find it in the Terms. At OctoFunded, every challenge and funded account runs on simulated capital. What we can offer is a cheaper, calmer way to restart: no deadline on the evaluation, a fee refund on 1-Step and 2-Step with your first payout (subject to the program rules), and the public code OFF10 for 10% off a new attempt.
If you are still working out what went wrong, read our step-by-step recovery plan after a failed challenge first. This article is about the money side: how to restart without spending more than you must.
What is a prop firm free retry, and how is it different from a reset?
A free retry, a reset and a retake are three different things, and firms use the words loosely. Before you count on any of them, check which one the written rules actually describe.
| Term | What it usually means | Cost | Offered by OctoFunded? |
|---|---|---|---|
| Free retry | A new attempt at no charge, often only if you ended without breaching a rule | Free, with conditions | No |
| Paid reset | The same account restarts at its starting balance for a fee | A reset fee | No |
| Retake | You buy a new challenge after the old one ends | A new challenge fee | Yes, with OFF10 for 10% off |
Where free retries exist, they tend to cover a narrow case: the trader ran out of time while in profit and without a breach. That is a deadline problem. OctoFunded evaluations have no time limit, so that case never comes up here. A breach of a loss limit is a different matter, and almost no firm treats that as a free retry.
Does OctoFunded offer a free reset or retry?
No. OctoFunded does not offer a free reset, a paid reset or a free retry. When an account breaches a rule, that account ends. If you want to try again, you buy a new challenge.
Here is what that means in practice, side by side:
| Situation | What happens at OctoFunded |
|---|---|
| You breach the daily loss limit or max loss | The account ends. No reset, no retry. |
| You have not hit the target yet | Keep trading. There is no time limit. |
| You buy a new challenge | New one-time fee. OFF10 takes 10% off. |
| You reach your first payout on 1-Step or 2-Step | The challenge fee is refunded with it, subject to the program rules. |
| You reach your first payout on Instant Funded | No fee refund on this program. |
The honest upside is that the two things which protect you most on a restart are already built in. With no deadline, you never have to push size in the last week to beat a clock. With a fee refund on 1-Step and 2-Step, a successful attempt can recover what you paid for it. Neither is a promise of a result. Both remove pressure that has nothing to do with your trading.
For more on the deadline point, see prop firms with no time limit.
How much does it cost to retake a prop firm challenge at OctoFunded?
A retake costs the normal price of the challenge you choose, less 10% with OFF10. These are the classic market (forex, metals, indices, BTC and ETH CFDs) prices for 1-Step and 2-Step.
| Account size | 1-Step list | 1-Step with OFF10 | 2-Step list | 2-Step with OFF10 |
|---|---|---|---|---|
| $10,000 | $69 | $62.10 | $79 | $71.10 |
| $25,000 | $169 | $152.10 | $179 | $161.10 |
| $50,000 | $289 | $260.10 | $309 | $278.10 |
| $100,000 | $499 | $449.10 | $529 | $476.10 |
| $200,000 | $949 | $854.10 | $999 | $899.10 |
| $300,000 | $1,409 | $1,268.10 | $1,459 | $1,313.10 |
| $400,000 | $1,859 | $1,673.10 | $1,909 | $1,718.10 |
Prices checked 30 October 2026.
Perpetuals and futures markets have their own price lists. See OctoFunded prices for the full set, and OctoFunded coupon code for how OFF10 applies at checkout.
Should you restart at the same size or go smaller?
You should restart at the size whose loss limit you can respect in dollars, not the size that matches your last attempt. A smaller account costs less to retake and makes the same percentage mistakes cheaper.
Run the arithmetic before you buy. On a 1-Step account the daily loss limit is 4% and the max loss is 8%:
| 1-Step size | Daily loss limit | Max loss | Price with OFF10 |
|---|---|---|---|
| $25,000 | 4% = $1,000 | 8% = $2,000 | $152.10 |
| $50,000 | 4% = $2,000 | 8% = $4,000 | $260.10 |
| $100,000 | 4% = $4,000 | 8% = $8,000 | $449.10 |
Prices checked 30 October 2026.
Two $25,000 attempts with OFF10 cost $152.10 x 2 = $304.20. One $100,000 attempt costs $449.10. If you are not yet sure your fix works, testing it at $25,000 first is the cheaper experiment. If it holds, you can move up later.
This is about cost control, not a forecast. A smaller account does not make passing more likely. It only makes each lesson cheaper.
How do you decide whether to retake now or wait?
Retake when you can name the rule that ended your last account and the change you made to stop it happening again. If you cannot, wait.
Use this short check before you pay:
- Name the breach. Was it the daily loss limit, the max loss or another rule? Write it down.
- Find the trade or day that caused it. Most breaches trace back to one oversized position or one revenge session.
- Set a dollar risk per trade. Fix a number before the first trade. Our guide to risk per trade on a funded account shows how.
- Set a daily stop below the firm's limit. Your own stop should hit before the firm's does.
- Re-read the rules for the program you are buying. If anything is unclear, see the program rules or ask support first.
For the patterns behind most breaches, read why traders fail prop firm challenges.
How does the fee refund work on your next attempt?
On OctoFunded 1-Step and 2-Step, the challenge fee is refunded with your first payout, subject to the program rules. It applies to the attempt that reaches a payout, not to accounts that ended earlier.
So if your second attempt on a $25,000 1-Step reaches a first payout, the $152.10 you paid for that attempt comes back with it. The earlier failed attempt is not refunded. Instant Funded has no fee refund at all, which is worth knowing if you are tempted to switch programs after a breach. The full mechanics are in how the challenge fee refund works.
What should you change before you buy again?
Change one thing you can measure, then buy. Common changes that cost nothing:
- Smaller size per trade. Cut your position size until a full losing day stays well inside the daily limit.
- Fewer trades per day. A cap on trades stops a bad morning from becoming a breach.
- A written stop for the day. Close the platform when you hit it.
- No trading to "win it back". The loss is already counted. Chasing it adds to the count.
With no time limit, you can trade slowly on the new attempt. That is the main practical gift of the rule set: you decide the pace, not a calendar.
FAQ
Does OctoFunded offer a free retry?
No. OctoFunded does not offer a free retry or a free reset. If an account breaches a rule, that account ends, and a new attempt is a new purchase. The public code OFF10 takes 10% off that new attempt.
What is the difference between a prop firm reset and a free retry?
A reset usually restarts the same account for a fee, while a free retry is a new attempt at no extra cost, normally only under conditions the firm sets. Both are firm-specific, so read the written rules before you count on either.
Can I retake a prop firm challenge straight away?
You can buy a new challenge whenever you choose, but waiting until you know which rule ended your last account usually costs less than retaking on the same day. Fix the cause first, then buy.
Do I get my fee back if I fail?
No. On OctoFunded 1-Step and 2-Step, the fee is refunded with your first payout, subject to the program rules. A failed account has no payout, so there is no refund on that attempt. Instant Funded fees are not refunded.
Is there a time limit on my next attempt?
No. OctoFunded evaluations have no time limit, so a new attempt cannot fail because a deadline ran out. The loss limits and other program rules still apply.
Restart on your terms
There is no free retry here, and we will not pretend otherwise. There is a plain way to restart: pick a size whose loss limit you can respect, take 10% off with OFF10, trade without a deadline and, on 1-Step or 2-Step, get the fee back with your first payout, subject to the program rules. Read the Terms before you buy.
