Clarity Traders Review

Clarity Traders Review

Clarity Traders is a forex prop firm with an attractive Two-step challenge. They offer up to $200,000 in funding to traders.

Clarity Traders is a forex prop firm with an attractive Two-step challenge. They offer up to $200,000 in funding to traders.

  • Scaling Plan available
  • OTrust Pilot Reviews rating of 4.1+
  • 24/7 Live Chat support
  • Various challenge types tailored for different trader skill levels
  • Payout within 7 days
  • Access to 1 Phase Challenge
  • Insufficient training materials

What is Clarity Traders?

Clarity Traders is a proprietary trading firm that operates out of Delaware and Denver. The organization provides potential traders with a carefully crafted sequence of challenges to find and develop trading talent. In addition to receiving rewards, top-performing traders are provided with a clear path for managing a funded trading account.

Clarity Traders claims that their unique funding mechanism and creative strategy demonstrate their dedication to enabling the upcoming generation of trading stars. The company is more than just a test platform because of the impact of well-known YouTuber MambaFX, who has made a name for himself in the trading world. 

His knowledge and perceptions are beneficial to Clarity Traders’ associates as well as his YouTube audience. The prop firm’s performance and development have been greatly influenced by the owner’s vision and leadership.

logo of Clarity Traders

Clarity Traders Funding Programs and Challenges: Rules and Requirements 

Clarity Traders provides three distinct trading accounts, each with unique pricing and regulations: the 1 Phase Challenge, the Traditional Challenge, and the Accelerated Challenge. These accounts have varying restrictions and regulations tailored to different trading objectives.

The 1 Phase Challenge consists of two distinct stages: Evaluation and Funding. Both stages implement a 4% Maximum Daily Drawdown and a 6% Maximum Overall Drawdown. The Evaluation phase includes a 10% Profit Target and enforces a 30% Consistency Rule, which is absent in the Funded phase.

Traders must complete two levels, Stage 1 and Stage 2, in the Traditional Challenge before advancing to the Funded phase. This account type enforces a Maximum Daily Drawdown of 5% and a Maximum Overall Drawdown of 8% for Stages 1 and 2, which subsequently rises to 10% during the Funded period.

The profit goal is 8% for Stage 1, decreases to 5% for Stage 2, and is removed for the Funded phase. Stages 1 and 2 have a 30% Consistency Rule, which does not apply to the Funded trader.

The Accelerated Challenge has the same Maximum Daily and Overall Drawdown restrictions and Profit Targets in all phases. Consistency Rules are not enforced throughout Stages 1 and 2.

What are Forex Prop Challenges?

Forex prop challenges are a form of evaluation procedure put up by proprietary trading businesses (prop firms) to find exceptional traders and allow them to trade with the firm’s funds. These challenges are intended to put a trader’s capacity to earn profits while properly managing risk to the test, with a set of trading rules and objectives to adhere to over a specific period.

A forex prop challenge normally has two primary stages:

1. The challenge phase: During this initial phase, traders are given a demo account with a fixed balance and are asked to meet a certain profit objective within a set timeframe, often a month or two, while adhering to maximum drawdown restrictions and other trading guidelines. This phase evaluates the trader’s capacity to earn profits within specified risk constraints.

2. The Verification Phase: Traders who successfully met their profit objectives and followed the regulations during the challenge phase advance to the verification phase. This stage is similar to the challenge phase, although it often lasts longer and may include somewhat different profit objectives or criteria. The goal of this phase is to confirm the trader’s consistency and expertise across a longer time frame.

After completing both steps, traders are often awarded a funded account. This implies that the prop business sets aside a portion of its funds for the trader to handle. The profit gained by trading this capital is split between the trader and the prop business according to a predetermined split.

Forex prop challenges need a cost, which varies for each prop business. This charge covers the expense of the review procedure and guarantees that traders are committed to the offer.

The particular criteria aims, and structure of prop challenges might differ significantly between businesses. Traders are expected to match the following common parameters:

Profit targets: A predetermined proportion of the account balance that traders must meet.

Drawdown limits: The maximum permissible percentage loss from the account’s peak amount, both daily and cumulatively.

Minimum trading days: The number of active trading days required throughout the challenge period.

Trade style restrictions: Some companies may have regulations about trading strategies, such as forbidding high-frequency scalping or overnight positions.

Aside from the initial challenge fee, forex prop challenges provide traders with access to considerable trading capital without putting their cash at risk. However, participants must carefully evaluate the terms and circumstances of these challenges, since the criteria established by prop businesses are stringent and intended to test traders’ discipline, risk management, and trading acumen.

Clarity Traders Broker: Do They Use a Reliable Platform? 

It’s normal to wonder if funding is possible when looking for proprietary trading companies. Obtaining money is possible with Clarity Traders, just like it is with any respectable proprietary trading organization; nevertheless, it is contingent upon the trader’s proficiency, reliability, and compliance with the firm’s policies and standards. While Clarity Traders presents opportunities, it is imperative to acknowledge that true proprietary enterprises have rather different requirements.

The ‘consistency rule’ is a vital financial guideline that some proprietary corporations have devised to help reduce risk. It’s common for traders with funded accounts, like a $100,000 account, to be obliged to stick to a fixed profit target (like 10% or $10,000) during an evaluation period. 

To avoid high-risk and unsustainable trading practices, this often means that no single trading day should contribute more than 30% towards this profit target.

Clarity Traders Fees: How Much Do They Charge? 

Tight spreads and competitive trading conditions are two advantages that Clarity Traders provides to traders. They will begin charging $7 a lot as a commission for other Forex pairings on November 16, 2023. The minimum step for each pairing is 0.01 and the contract size is 100,000. GBPJPYx, EURUSDx, and AUDCADx are just a few of the many currency pairs to which this pricing structure is applicable.

Clarity Traders provides trading alternatives for indices and commodities in addition to Forex. Interestingly, the prop business does away with commissions on indexes like NAS100, GER40, and AUS200, as well as commodities like NGAS, WTI, and BRENT.

Traders should be aware that this fee structure could change at any time and without warning. As a result, it is advised that traders contact the support team with any questions to stay updated about any potential modifications.

Therefore, Forex prop trading fees refer to the costs associated with participating in a proprietary (prop) trading firm’s program, particularly those that offer traders the opportunity to trade the firm’s capital. These fees are a critical aspect of the business model for many forex prop firms, especially those that run challenge or evaluation programs to vet potential traders. Here’s a breakdown of the types of fees that traders might encounter:

1. Challenge Fees

These are upfront fees paid to enter into a trading challenge or evaluation program. The challenge is essentially a test that evaluates a trader’s ability to generate profits while adhering to specific risk management rules. If successful, the trader is usually offered the opportunity to trade with the firm’s money. Challenge fees can vary significantly depending on the firm, the size of the demo account provided for the challenge, and the complexity of the challenge itself.

2. Account Setup or Administration Fees

Some prop firms may charge a one-time setup fee for creating and managing a trader’s account. This fee might cover the administrative costs associated with setting up the trading infrastructure, account monitoring, and other backend services necessary for the trader to begin trading.

3. Monthly Desk Fees

Desk fees are akin to rental fees for the physical or virtual space and resources (like software, data feeds, and trading tools) provided by the prop firm. While more common in traditional prop firms that offer physical trading desks, some online forex prop firms might also charge a monthly fee for access to premium trading platforms or tools.

4. Profit Split

While not a fee per se, the profit split arrangement is a significant financial consideration in prop trading. After successfully passing a challenge, traders are allowed to trade with the firm’s capital, and any profits generated are split between the trader and the firm according to a predetermined ratio. Common splits might be 70/30 or 80/20, favoring the trader. It’s essential to understand the profit split terms as they directly affect the trader’s potential earnings.

5. Software or Data Fees

In some cases, traders might need to pay additional fees for access to specialized trading software, real-time data feeds, or analytical tools that are not included in the basic package offered by the prop firm.

6. Education or Training Fees

Some prop firms also offer educational courses, mentoring programs, or trading workshops. These might be optional or required parts of the trading program, with fees varying widely based on the content’s depth and duration.

Key Considerations

– Value for Money: Traders must assess whether the fees charged by a prop firm offer good value for the services provided, especially in terms of the trading capital access, technology, and support offered.

– Transparency: Reputable prop firms are transparent about their fee structure, with no hidden charges. Traders should thoroughly review all terms and conditions before committing.

– Risk: While paying fees for a chance to trade with significantly more capital can be appealing, traders should consider the risk of not passing the challenge and the potential loss of the fee paid.

Forex prop trading offers a unique opportunity for traders to leverage more substantial capital than they might otherwise access. However, understanding the fee structure is crucial to making an informed decision about which prop firm to engage with.

Clarity Traders Proof of Payment:

Users of Clarity Traders can takes use of a systematic withdrawal process that has been approved by a Dumb Little Man trading expert. When a user makes their first trade on a Funded Account, they can expect to get their withdrawals within 14 days.

In addition, traders have to wait 14 days for profit distributions after the first withdrawal. Notable is the fact that all transactions are made in USDT (Tether), a stablecoin backed by the US dollar.

Clarity Traders Customer Support: 

Clarity Traders is committed to offering its customers top-notch customer service. The company is dedicated to upholding this philosophy, and Dumb Little Man has given them great feedback on their dealings with the customer support staff of Clarity Traders.

Customers can easily contact the support staff with any questions or concerns they may have. Numerous channels are accessible for accessing support services, such as the live chat option on the company website and email at The goals of these communication alternatives are to meet the demands and preferences of the customers.

Consisting of 8 The Green Suite B, Dover, Delaware 19901, Clarity Traders provides 24-hour assistance. They guarantee that their clients receive help throughout their learning and trading journey by being available around-the-clock, Monday through Sunday.

What Makes Clarity Traders Unique? 

Security is a top priority for Clarity Traders. On their website, they have clearly published a full risk warning. Prospective clients are advised by this advisory to be aware that trading activities have risks that could result in losses greater than the initial investment.

Before engaging in any trading activity, the business advises customers to obtain clarity from an independent financial advisor. Additionally, it is advised that individuals hold off on trading until they have a complete understanding of these hazards.

Investment advice and suggestions are not given by Clarity Traders to highlight its dedication to moral and open trading practices.

Clarity Traders Reviews: What Do Their Customers Say?

On Trustpilot, Clarity Traders has 4.0 stars out of 5 stars, and a total of 35 customers reviewed them there.

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#1. Lewis Carroll claims that failed three times before receiving $25,000 in funding. The first two tasks were one-phase tasks, and the third was an expedited task. They should use an accelerated account since it has no consistency rule if they wish to increase their chances of passing. received a little payment that would have covered five more challenges before he busted the funded account. Overall, he thinks it’s easier or better than some other firms.

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#2. Riley Carter expressed his happiness at the beginning of his path to get funded and noted that Clarity Traders is simple to use and understand. Everything was really thorough.


#3. Ron claims that he was using your DEMO account and that his Live account had been terminated. He lost the challenge yesterday, according to the system. Does the DEMO trade utilize his LIVE Funds or is it a genuine DEMO system using paper money? He also observed that his 30- and 15-second charts are inoperable. It was explained to him that the platform included fully functional 15- and 30-second charts that integrated with TradingView. It would be extremely appreciated if they could offer any assistance. He is grateful.


#4. Mike Ameer says he doesn’t endorse Clarity Traders since they constantly enter the trade at a disadvantage and have an excessive spread. This adds to the stress and frustration of trading. As they may easily lose 15 pip in a single trade, it appears that they developed their platform intending to make them lose money rapidly.

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For traders that have a methodical approach to honing their trading strategies and the capacity to manage big sums of money, Clarity Traders offers a singular chance. The trading specialists at Dumb Little Man recognize these benefits, emphasizing the global reach and extensive duties intended to improve traders’ abilities. 

People can profit from developing their abilities through programs like Asia Forex Mentor to succeed with Clarity Traders. This course is well known for its ability to train both new and seasoned traders, greatly increasing the probability of passing the demanding assessment procedure of Clarity Traders.

Clarity Traders Review Details

Trading Programs

Account size starts from:
1 phase challenge available
*Choose your account type and start trading

Trading Platforms
Deposit and Withdrawal
Customer Support
3.5 Overall Rating

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