Clarity Traders Review
4.3

Clarity Traders Review

✔ Accounts: $5k - $300K
✔ Profit Split: 90%
✔ Profit Targets: 10%, 8%, 5%

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Clarity Traders is a prop firm established in 2022. The company’s registration address is 8 The Green Suite B, Dover, Delaware 19901, United States. The owner of Clarity Traders is Anthony Alvarenga. He’s also known as Mamba FX. Clarity Traders is quite cheaper than most big competitors like FTMO, Fundednex, etc.

Clarity Traders Review forexbonuses

Coupon Code for Clarity Traders

During May, there is a 10% off promo code MAY2024 available, with a 200% refund on top of the discount.

Trading Platforms at Clarity Traders

You can use Tradelocker and MT5 as trading platforms at Clarity Traders.

Instruments Available with Clarity Traders

Clarity Traders offers the following trading instruments:

  • Cryptocurrencies
  • Forex
  • Energies
  • Indices
  • Metals

How to Make Payments at Clarity Traders

At Clarity Traders, you can pay using Cryptocurrencies and Credit/Debit Cards.

Account Sizes Available at Clarity Traders

There are seven account sizes to choose from $5k to $300k.

Profit Splits in Clarity Traders

The profit split at Clarity Traders is 90%. You keep 90%, and they keep the remaining 10% as a profit split.

Profit Targets for Clarity Traders:

The profit target for the 1-Phase challenge is 10% for all account sizes. The Traditional 2-Step account has a profit target of 8% in the first step, and 5% in the second. The Accelerated Challenge with the no consistency rule has the same profit target as the 2-step Challenge.

Maximum Daily Drawdown and Loss at Clarity Traders

Daily loss limit:

  • 1-Phase – 4% loss
  • Traditional Challenge – 5% loss
  • Accelerated Challenge – 5% loss

Maximum overall loss limit:

  • 1-Phase – 6% loss
  • Traditional Challenge – 8% loss
  • Accelerated Challenge – 8% loss

Minimum/Maximum Trading Days Required at Clarity Traders

The Traditional and Accelerated Challenges have a minimum of 5 trading days. The 1-Phase challenge has a minimum of 1 trading day.

Clarity Traders Customer Support

You can contact Clarity Traders via Live chat, ticketing system, and by email:[email protected].

Clarity Traders: Rules and Challenges

There are three challenge types to choose from at Clarity Traders 1-Phase, 2-Phase, and Accelerated. The consistency rule is applied at 30%, except for the Accelerated challenge.

Trading InstrumentLeverage
Indices1:200
Crypto1:100
FX1:100
Gold1:200
Commodities1:200

Steps Available in Clarity Traders Challenge

The 1-Phase Challenge has only one step, while the Traditional and Accelerated Challenges consist of 2 steps.

Pricing for Clarity Traders Challenge

1-Phase Challenge

Account SizeCost
$5k$66
$10k$132
$25k$199
$50k$299
$100k$499
$200k$959
$300k$1429

Traditional Challenge

Account SizeCost
$5k$50
$10k$99
$25k$149
$50k$292
$100k$492
$200k$949
$300k$1399

Accelerated Challenge

Account SizeCost
$5k$63
$10k$125
$25k$189
$50k$372
$100k$626
$200k$1209
$300k$1782

Commissions and Fees at Clarity Traders

There is a $7 commission per lot on specific Forex Pairs.

Clarity Traders: Refund Policies

You’ll get refunded once you pass the evaluation phase.

Trial Offers at Clarity Traders

Clarity Traders doesn’t offer free trials.

Payout Schedules of Clarity Traders

All payouts are done bi-weekly.

Evaluating Clarity Traders: Advantages and Disadvantages

Advantages
  • Seven account sizes available
  • Fair profit split
  • Three challenge options
  • Refundable fees
  • Bi-weekly payouts
Disadvantages
  • No free trials

Clarity Traders FAQ Section

What is Clarity Traders?

Clarity Traders is a prop firm searching for quality traders. They’re offering the opportunity to trade with up to $300k in capital.

EA BOTs
EA BOTs are not allowed.

How do I purchase a Funded Account Challenge?

After you sign up, log into your dashboard, click “Buy new challenge” or “new Challenge” and choose the account size you want.

Is Identity Verification required?

Yes, to get a funded account after the evaluation phase, you will have to fully verify your account.

Starting Fees: $50 - $1782
Challenge Types: 2-step
Payout: Bi-Weekly
4.0
Licensing & Safety
4.0
Markets
5.0
Bonuses & Promotions
4.0
Customer Support
4.3 Overall Rating

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Clarity Traders Review
4.3/5