Starting again after a breach

A breach means a rule ended your account. Its status changes to breached, your open trades close and trading stops. We do not reopen the account.

Resets on smaller Venom 2.0 accounts

Venom 2.0 accounts of $1,250, $2,500 and $3,500 can be reset once: $15, $24 and $32 (85% of the price of a new account with the VENOM40 code). You see the offer in your breach email and on the Trading Accounts page next to that account. A reset gives you a brand-new account of the same size with a fresh starting balance.

• One reset per account, ever.
• Only for accounts that ended on a trading rule, not accounts ended by admin review.

Larger accounts

King Cobra, Venom 2.0 from $5,000 and other account types have no reset. You can buy a new account at any time. We may email you a discount code after a breach. It works only with your login and expires after 48 hours.

Before you start again

Most breaches come from one trade that was too big. Read your account's rules again on fundedcobra.com/rules and choose your first trade sizes from your loss limits, not from your leverage.