A Refund Fee refers to a policy where the firm refunds the initial fee paid by traders if certain conditions are met. This fee is usually associated with the evaluation process, where traders are given a demo account with a simulated balance to trade under specific rules and targets set by the firm. If the trader successfully meets these targets and adheres to the firm's risk management rules within the given time frame, the prop firm refunds the initial fee. This policy serves as an incentive for traders to trade responsibly and earn the refund. The refund fee arrangement also adds a level of trust and mutual benefit to the relationship between the traders and the firm, as it shows the firm's confidence in the value of their evaluation process and their commitment to supporting traders. The following list encompasses prop firms that offer a fee refund option: