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.
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 Instrument | Leverage |
---|---|
Indices | 1:200 |
Crypto | 1:100 |
FX | 1:100 |
Gold | 1:200 |
Commodities | 1:200 |
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 Size | Cost |
---|---|
$5k | $66 |
$10k | $132 |
$25k | $199 |
$50k | $299 |
$100k | $499 |
$200k | $959 |
$300k | $1429 |
Traditional Challenge
Account Size | Cost |
---|---|
$5k | $50 |
$10k | $99 |
$25k | $149 |
$50k | $292 |
$100k | $492 |
$200k | $949 |
$300k | $1399 |
Accelerated Challenge
Account Size | Cost |
---|---|
$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
- Seven account sizes available
- Fair profit split
- Three challenge options
- Refundable fees
- Bi-weekly payouts
- No free trials
Clarity Traders FAQ Section
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.
After you sign up, log into your dashboard, click “Buy new challenge” or “new Challenge” and choose the account size you want.
Yes, to get a funded account after the evaluation phase, you will have to fully verify your account.