What is the Retake Plan at MyFundedCapital?

At MyFundedCapital, we’re dedicated to supporting traders’ growth, which is why we offer a Retake Plan for eligible 1-Step and 2-Step Challenge accounts with balances of $25,000, $50,000, or $100,000. If you breach the account rules during the Evaluation phase of an eligible challenge, you’ll receive an automatic second chance to start over. This second chance applies only during the Evaluation phase, is granted just once per challenge, and does not require any additional action—your Retake Account will be generated instantly, and login details will be emailed directly to you so you can quickly resume your trading journey.

Which accounts are eligible for the Retake Plan?

The Retake Plan is available exclusively for traders who have purchased a 1-Step or 2-Step Challenge with a balance of $25,000, $50,000, or $100,000. Accounts with balances of $5,000 or $10,000 are not eligible for the Retake Plan. By using the Retake Plan, you gain an opportunity to apply lessons from your previous challenge attempt, helping you refine your strategy and improve your performance with a fresh account.

Profit Split on Retry Account

For retry accounts, the initial profit split will be set at 50%. This adjustment applies only to retry accounts granted through the Retake Plan and ensures a fair and balanced start after a second-chance attempt.

Account Adjustments for Challenges and Live Accounts

For enhanced risk management and consistency, MyFundedCapital has specific adjustments for each type of account:

• Two-Step Challenge Accounts:

• Daily Loss Limit: Adjusted from 5% to 3%.

• Total Allowable Drawdown: Adjusted from 10% to 8%.

• These limits apply throughout the Evaluation phase and carry over if you reach a Live Account.

• One-Step Challenge Accounts:

• Total Allowable Drawdown: Adjusted from 6% to 5%.

• Daily Loss Limit: Adjusted from 5% to 3%.

• These limits also apply to Live Accounts once the challenge is successfully completed.

Are there any special requirements or conditions for the Retake Plan?

The Retake Plan activates automatically upon a rule breach during the Evaluation phase for eligible accounts ($25,000, $50,000, or $100,000). Please note, however, that this benefit is limited to one Retake Account per challenge. For Live Accounts, the Retake Plan does not apply; any breaches during the Live phase will require purchasing a new challenge.