Legends Trading now spells out how resets work, where before the rules did not say. An account can be reset only once, and an account that has already been reset is not eligible again. The account also needs an active subscription. Once an Apprentice account is activated into a Master account, its subscription converts to a Master subscription and the original Apprentice account can no longer be reset.
A Banked Reset, a reset bought in advance, only works on an account of the same size and type: a 50K Apprentice Reset resets only a 50K Apprentice account. Resets are bought in the Trader Dashboard, are non-refundable, and do not change the renewal or expiration date.
Full rules are on the Legends Trading firm page.
Before and after
| What changed | Before | After |
|---|---|---|
| Resets per account | Not stated | One |
| Reset eligibility | Not stated | Active subscription required |
| Banked Resets | Not stated | Same size and type only |
| Reset refunds and renewal date | Not stated | Non-refundable, renewal date unchanged |
Figures as of 1 November 2026.