Clarity Traders is a prop firm started in 2022 in the USA. The owner is Anthony Alvarenga, also known as Mamba FX.
Clarity Traders: Coupons
During May, a promo code MAY2024 is available for 10% off plus a 200% refund.
Clarity Traders Available Trading Platforms
You can use Tradelocker and MT5 as trading platforms.
Trading Instruments Offered at Clarity Traders
Trading instruments offered by Clarity Traders:
- Cryptocurrencies
- Forex
- Energies
- Indices
- Metals
Payment Options at Clarity Traders
You can pay with Crypto and Credit/Debit Cards.
Account Size Varieties at Clarity Traders
You can choose from seven different account sizes at Clarity Traders:
- $5k
- $10k
- $25k
- $50k
- $100k
- $200k
- $300k
Profit Share Dynamics in Clarity Traders
The profit share at Clarity Traders is 90:10.
Profit Targets Across Challenges
The 1-Phase challenge has a profit target of 10% for all account sizes. The Traditional 2-Step account requires 8% profit in the first step and 5% in the second. The Accelerated Challenge, with no consistency rule, has the same profit targets as the 2-Step Challenge.
Max Daily/Total Loss and Drawdown Rules at Clarity Traders
The Daily drawdown limit:
- 1-Phase – 4% loss
- Traditional Challenge – 5% loss
- Accelerated Challenge – 5% loss
The maximum overall drawdown limit:
- 1-Phase – 6% loss
- Traditional Challenge – 8% loss
- Accelerated Challenge – 8% loss
Maximum/Minimum Trading Days Policy at Clarity Traders
In the 1-Phase challenge, you need to trade for at least one day. The Traditional and Accelerated Challenges require a minimum of 5 trading days.
How to Pass Clarity Traders Challenges
To pass Clarity Traders challenges, understand the rules, and develop a strategy. Follow your plan consistently, monitor your performance, and adjust as needed. Stay informed about market news and keep emotions in check. Make sure to never risk capital by making decisions based on emotions.
Challenge Participation Fees
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 |
Clarity Traders Fee and Commission Details
Some Forex Pairs have a $7 commission per lot.
Are Fees Refundable at Clarity Traders
Yes, fees are refundable once you pass the evaluation process.
Does Clarity Traders Offer Free Trials?
No, there are no free trials offered.
Payout Intervals at Clarity Traders
All payouts at Clarity Traders are done bi-weekly.
Breaking Down Clarity Traders Pros and Cons (According to Community Reviews)
- Great customer support
- Payouts are always on time
- Prices are cheap
- The prop firm is reliable and transparent
- Traders think that the spreads are high
Clarity Traders FAQ Section
Clarity Traders is a proprietary firm that is searching for quality traders. They offer up to $300k in capital to trade with.
EA BOTs are forbidden.
Log into your dashboard
Click “Buy new challenge”
Choose the account
You’re done
Yes. To get a funded account, you must fully verify your account.
