Starting again after a breach

When an account breaches, its status changes to breached, open positions are closed and trading stops. The account is not reopened.

Resets on smaller Cobra Venom accounts

Cobra Venom accounts of $500, $1,250 and $3,500 can be reset once at a reduced price: $12, $24 and $55. The offer appears in your breach email and on the Trading Accounts page next to the breached 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 breached on a trading rule, not accounts ended by admin review.

Larger accounts

$5,000 and $9,000 Cobra Venom accounts, Cobra Prime and the evaluations do not have a reset. You can buy a new account at any time. A discount code may be offered by email after a breach; it is tied to your login and expires after 48 hours.

Before you start again

Most breaches come from one oversized trade. Re-read the three rules on fundedcobra.com/rules and size the first trades from your loss limits, not from the leverage.