Risk Warning: Your capital is at risk. 74-89% of retail investors lose money when trading CFDs.
You should consider whether you can afford to take the high risk.
Clarity Traders is a proprietary firm that was established in 2022. It’s registered in the United States. The owner is Anthony Alvarenga. He also goes by the name Mamba FX.
Clarity Traders Coupon Codes
During May, you can use a 10% off promo code MAY2024. This comes with a 200% refund on top of the discount.
Platforms for Trading at Clarity Traders
Clarity Traders offers two trading platforms, Tradelocker and MT5.
What Instruments Does Clarity Traders Offer?
Clarity Traders offers:
- Cryptocurrencies
- Forex
- Energies
- Indices
- Metals
Options for Payment at Clarity Traders
You can pay with Cryptocurrencies and Credit/Debit Cards.
Different Account Sizes at Clarity Traders
Clarity Traders has seven different account sizes available:
- $5k
- $10k
- $25k
- $50k
- $100k
- $200k
- $300k
Clarity Traders Approach to Profit Sharing
At Clarity Traders, you get to keep 90% of the profit.
Profit Goals at Clarity Traders
The 1-Phase challenge has a profit goal of 10% for all account sizes. The Traditional 2-Step account requires an 8% profit goal in the first step and 5% in the second. The Accelerated Challenge has the same profit goals as the 2-Step Challenge.
Clarity Traders: Loss and Drawdown Limits
The Daily loss limit:
- 1-Phase – 4% loss
- Traditional Challenge – 5% loss
- Accelerated Challenge – 5% loss
The maximum overall loss limit:
- 1-Phase – 6% loss
- Traditional Challenge – 8% loss
- Accelerated Challenge – 8% loss
Clarity Traders Minimum/Maximum Trading Day Requirements
The traditional and Accelerated Challenges require a minimum of 5 trading days, while the 1-Phase challenge requires one trading day.
Cost of Joining 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 |
Understanding Fees and Commissions at Clarity Traders
You’re charged a $7 commission per lot on Forex Pairs.
Are Fees at Clarity Traders Refundable?
Yes, fees are refundable after you pass the evaluation.
Trial Periods Available at Clarity Traders
There are no trial periods at Clarity Traders.
Frequency of Payouts
Payouts at Clarity Traders are done bi-weekly.
Pros vs. Cons based on Trustpilot reviews
- Good customer support
- Payouts are on time
- Cheap prices
- Reliable and Transparent
- High Spreads
Clarity Traders FAQ
Clarity Traders is a prop firm that offers up to $300k in capital to trade with.
EA BOTs are strictly forbidden.
How do I purchase a Funded Account Challenge?
Log into the dashboard
Click “Buy new challenge” or “New challenge”
Choose the account you want
Yes, you must get fully verified to get a funded account.
