Clarity Traders Review and Analysis
Overview
Clarity Traders is a Delaware-based proprietary trading firm established in 2022 by Anthony Alvarenga, also known as Mamba FX. The firm offers traders the opportunity to manage funded accounts ranging from $5,000 to $300,000, with the potential to earn up to 100% of the profits generated. Clarity Traders provides three evaluation programs—Single-Phase, Traditional Two-Phase, and Accelerated Two-Phase—designed to assess a trader's consistency and risk management skills. The firm supports trading on MetaTrader 4, MetaTrader 5, and TradeLocker platforms, offering access to various financial instruments, including forex, indices, commodities, and cryptocurrencies.
Funded Accounts
How to Sign Up with Clarity Traders
To get started with Clarity Traders, follow these steps:
- Visit the Clarity Traders website and choose a challenge that fits your trading objectives.
- Register an account by providing your personal details.
- Select your preferred payment method—options include Credit Card, Debit Card, and Cryptocurrencies—and pay the evaluation fee.
- Upon payment confirmation, you'll receive access to a demo account to complete the chosen challenge.
- Successfully passing the challenge grants you access to a funded account, where you can trade and earn profits based on the firm's profit-sharing model.
Challenge Overview
Clarity Traders' evaluation programs are structured to test a trader's ability to achieve specific profit targets while adhering to strict drawdown limits.
The Single-Phase Challenge requires a 10% profit target with a 4% daily and 6% overall drawdown limit.
The Traditional Two-Phase Challenge involves an 8% profit target in Phase 1 and a 5% target in Phase 2, both with a 5% daily and 8% overall drawdown limit.
The Accelerated Two-Phase Challenge mirrors the Traditional Challenge but exempts the highest profit day rule in Phase 1.
All challenges have no time limits, allowing traders to progress at their own pace. However, traders must adhere to the 30% consistency rule, which stipulates that profits earned in a single trading day must not exceed 30% of the overall profit earned.
Clarity Traders does not permit the use of Expert Advisors (EAs) or automated trading strategies.
Clarity Traders offers three main challenge types:
Accelerated Challenge
- Steps: 2
- Profit Targets: 8% (Step 1), 5% (Step 2)
- Max Daily Loss: 5%
- Max Total Drawdown: 8%
- Payout Frequency: Bi-weekly
- Account Sizes: $5,000 to $500,000
Traditional Challenge
- Steps: 2
- Profit Targets: 8% (Step 1), 5% (Step 2)
- Max Daily Loss: 5%
- Max Total Drawdown: 8%
- Payout Frequency: Bi-weekly
- Account Sizes: $5,000 to $500,000
One Phase Challenge
- Steps: 1
- Profit Target: 10%
- Max Daily Loss: 4%
- Max Total Drawdown: 6%
- Payout Frequency: Bi-weekly
- Account Sizes: $5,000 to $500,000
Each challenge is designed to evaluate a trader's ability to manage risk and achieve consistent profitability. Successful traders can access funded accounts and participate in the firm's profit-sharing model.
Clarity Traders Challenges
| Challenge | Price | Account Size | Steps | Profit target | Profit Split | Max Daily Loss |
|---|
| 5,000 Traditional Challenge | $37.5 | $5K | 2 | 8% / 5% | 100% | 4% |
| 5,000 Accelerated Challenge | $47.25 | $5K | 2 | 10% / 5% | 100% | 5% |
| 10,000 Traditional Challenge | $74.25 | $10K | 2 | 8% / 5% | 100% | 4% |
| 10,000 Accelerated Challenge | $93.75 | $10K | 2 | 10% / 5% | 100% | 5% |
| 25,000 Traditional Challenge | $111.75 | $25K | 2 | 8% / 5% | 100% | 4% |
| 25,000 Accelerated Challenge | $141.75 | $25K | 2 | 10% / 5% | 100% | 5% |
| 50,000 Traditional Challenge | $219 | $50K | 2 | 8% / 5% | 100% | 4% |
| 50,000 Accelerated Challenge | $279 | $50K | 2 | 10% / 5% | 100% | 5% |
| 100,000 Traditional Challenge | $369 | $100K | 2 | 8% / 5% | 100% | 4% |
| 100,000 Accelerated Challenge | $469.5 | $100K | 2 | 10% / 5% | 100% | 5% |
| 200,000 Traditional Challenge | $711.75 | $200K | 2 | 8% / 5% | 100% | 4% |
| 200,000 Accelerated Challenge | $906.75 | $200K | 2 | 10% / 5% | 100% | 5% |
| 300,000 Traditional Challenge | $1049.25 | $300K | 2 | 8% / 5% | 100% | 4% |
| 300,000 Accelerated Challenge | $1336.5 | $300K | 2 | 10% / 5% | 100% | 5% |
| 500,000 Traditional Challenge | $1660.5 | $500K | 2 | 8% / 5% | 100% | 4% |
| 500,000 Accelerated Challenge | $2112.75 | $500K | 2 | 10% / 5% | 100% | 5% |
| 5,000 One Phase Challenge | $44.25 | $5K | 1 | 10% | 100% | 4% |
| 10,000 One Phase Challenge | $87.75 | $10K | 1 | 10% | 100% | 4% |
| 25,000 One Phase Challenge | $132.75 | $25K | 1 | 10% | 100% | 4% |
| 50,000 One Phase Challenge | $261.75 | $50K | 1 | 10% | 100% | 4% |
| 100,000 One Phase Challenge | $469.5 | $100K | 1 | 10% | 100% | 4% |
| 200,000 One Phase Challenge | $849.75 | $200K | 1 | 10% | 100% | 4% |
| 300,000 One Phase Challenge | $1253.25 | $300K | 1 | 10% | 100% | 4% |
| 500,000 One Phase Challenge | $1979.25 | $500K | 1 | 10% | 100% | 4% |
Pros and Cons
Pros:
- Profit splits up to 100%
- Multiple challenge types and account sizes
- Support for EAs and copy trading
- News trading allowed
- 24/7 customer support
Cons:
- Evaluation fees are non-refundable
- No balance scaling options
- Payouts only via cryptocurrencies
Evaluation Metrics
Overall metrics
- Challenge difficulty: Moderate – achievable profit targets with defined drawdown limits
- Customer support: Available 24/7 via email and Discord
- Fee: Competitive evaluation fees, varying by account size and challenge type
- Payout scheme: Profit splits up to 100%, with bi-weekly payouts
Meet the CEO
Information about the founders or executive team of Clarity Traders is not publicly disclosed.
Frequently Asked Questions (FAQs):
What asset types can I trade with Clarity Traders?
Forex, Crypto, Indices, Commodities, and Stocks.
Are Expert Advisors (EAs) allowed?
Is news trading allowed?
Yes, news trading is allowed.
What are the payout methods?
Payouts are made via cryptocurrencies.
Is the evaluation fee refundable?
No, evaluation fees are non-refundable.
How trusted is Clarity Traders?
The trusted source of information on fintech matters SBO, gave Clarity Traders a 3/ 5.00 rating based on analysing 20+ criteria and testing. Clarity Traders is currently in 0th place in this ranking.
What is the Clarity Traders fee?
Fees vary by account size and challenge type.
Does Clarity Traders offer coupons for customers?
Yes, currently, there is one Clarity Traders discount coupon TL25 available for customers.
How can I find Clarity Traders discount coupons and promo codes?
What is the profit split for Clarity Traders?
What is Clarity Traders evaluation process?
Offers 1-Step and 2-Step evaluations.
How do I become an Clarity Traders Trader?
What is an acceptable max drawdown for Clarity Traders?
5% daily / 10% total Maximum Drawdown is the Distance between the highest and lowest points (maximum and minimum peak).
What is Clarity Traders Trading Duration / Time restriction?
What is Clarity Traders leverage?
What financial instruments can be traded at Clarity Traders?
Forex, Crypto, Indices, Stocks
Can I trade news at Clarity Traders?
Can I hold trades overnight or over the weekend?
