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Terms & Conditions

Last updated: November 3, 2026

Key points in plain English

  • All trading is simulated. You never trade real money, and account balances aren't yours to withdraw.
  • Fees are non-refundable once your account is issued, unless you bought the Refund Guarantee add-on.
  • Hitting the daily or max loss limit ends the account straight away.
  • To request a payout you need verified ID (KYC), 7 trading days on your funded account, and 14 days since your last request (7 with Express Payouts).
  • You keep 70%, then 80%, then 90% from your third payout, or 100% with the add-on. Payouts are in USDT (ERC-20).
  • Not allowed: trades under 60 seconds, hedging across accounts, high-frequency trading or latency arbitrage, or letting someone else trade your account.

This summary is for convenience. If it differs from the full Terms below, the full Terms apply.

These Terms & Conditions (the "Terms") are an agreement between you and Clarity Traders LLC, a Delaware limited liability company with its registered office at 8 The Green, Suite B, Dover, Delaware 19901, USA ("Clarity Traders," "we," "us" or "our").

They apply when you use www.claritytraders.com, app.claritytraders.com, prop.claritytraders.com, or any other site, dashboard or service we operate (the "Services"). By creating an account, buying an Account, or using the Services, you agree to these Terms, our Privacy Notice and our Risk Disclaimer. If you don't agree, don't use the Services.

Summaries elsewhere on our website, including the Trading Rules and How Payouts Work pages, are for convenience. If anything in a summary differs from these Terms, these Terms apply.

Important notice: simulated trading only

ALL TRADING ON CLARITY TRADERS TAKES PLACE IN A SIMULATED ENVIRONMENT. WE ARE NOT A BROKER, INVESTMENT ADVISER OR FINANCIAL INSTITUTION, AND NOTHING WE PROVIDE IS INVESTMENT, TRADING, TAX OR FINANCIAL ADVICE.

You never deposit money for trading, never trade real capital, and never own any balance shown in your Account. Fees you pay buy access to a simulated trading program, not an investment.

1. Definitions

  • Account: a simulated trading account you buy from us, of one of the Account Types below.
  • Account Type: Instant, One Step or Two Step, as described in Section 3.
  • Evaluation: the phase or phases of a One Step or Two Step Account in which you must reach a Profit Target to qualify for a Funded Account.
  • Funded Account: a simulated account you receive after passing an Evaluation, or from the start with an Instant Account. A Funded Account is still simulated.
  • Starting Balance: the simulated account size you bought, for example $50,000.
  • Reward: a payment we make to you, at our own expense, calculated by reference to simulated profit in a Funded Account under Section 8. A Reward is a performance fee for using our program, not a share of real trading profit.
  • Add-on: an optional feature bought at checkout, such as Express Payouts, the 100% Reward Split, the Refund Guarantee, Expert Advisors or Trade on Weekends.
  • Trading Day: a day on which you open or close at least one trade.
  • Dashboard: your account area at app.claritytraders.com.

2. Eligibility and your account

2.1 You must be at least 18 years old, or the age of majority where you live if higher, and able to form a binding contract.

2.2 The Services are not offered in countries subject to US, UN, EU or UK sanctions, or in [list of restricted countries / link]. You may not use a VPN or other means to hide your location. We may close Accounts opened from a restricted country and refund the fee where the law requires it.

2.3 Your registration details must be accurate and kept up to date. You must pass identity verification (KYC) before any Reward is paid, and we may ask for it at any other time.

2.4 Each Account is personal to you. You may not share login details, let anyone else trade your Account, or buy an Account for someone else to trade. [You may hold up to [X] Accounts or $[X] of total simulated capital at once.]

2.5 You are responsible for keeping your login details secure and for all activity in your Account. Tell us right away at support@claritytraders.com if you think someone else has accessed it.

2.6 We may refuse to sell an Account or open a Dashboard to anyone, for any lawful reason.

3. Account Types and purchases

3.1 Instant: no Evaluation; you trade a Funded Account from the start.

3.2 One Step: one Evaluation phase with a single Profit Target, then a Funded Account.

3.3 Two Step: two Evaluation phases with a Profit Target in each, then a Funded Account.

3.4 Accounts are offered in sizes from $5,000 to $200,000. Prices, sizes and Add-ons are shown at checkout. The parameters in force when you buy an Account apply to that Account for its life, unless a change is required by law or is to your benefit.

3.5 Discount codes are valid only for the period and products stated, cannot be combined unless we say so, and have no cash value. We may cancel an order that used a code in error or against its terms.

3.6 Add-ons apply only to the Account they are bought with and cannot be transferred or added after purchase unless we offer that option.

4. Fees, refunds and chargebacks

4.1 You pay a one-time fee for each Account and any Add-ons, in full at checkout. Fees are for access to the program and are not deposits, margin or investments.

4.2 Fees are non-refundable once the Account has been issued, whatever the outcome, except: (a) if you bought the Refund Guarantee Add-on, we refund the Account fee [excluding Add-on fees] together with your first approved Reward from that Account; (b) where we close an Account under Section 2.2 or for our own error and the law requires a refund; or (c) where applicable consumer law gives you a right that cannot be waived.

4.3 If you have not yet started trading, you may ask us to cancel an order within [14] days of purchase for a full refund. [Confirm with counsel.]

4.4 If you start a chargeback or payment dispute instead of contacting us first, we may suspend your Accounts while it is reviewed. If the chargeback is not upheld, we may close your Accounts and refuse future purchases. Contact support@claritytraders.com first; most billing issues are resolved there.

5. The simulated environment

5.1 All Accounts, including Funded Accounts, are simulated. Balances, equity and profits shown are virtual, have no cash value, and cannot be withdrawn, transferred or used for anything except calculating Rewards under Section 8.

5.2 Simulated prices, spreads, swaps, commissions and execution are designed to reflect live market conditions but may differ from them. A simulated fill is not proof that the same order could have been filled in a live market.

5.3 We may, at our discretion, copy or mirror simulated trades into accounts we or third parties hold. You have no interest in those accounts or their results, and their results do not affect your Rewards.

6. Trading rules

6.1 Parameters by Account Type. Percentages are of your Starting Balance.

RuleInstantOne StepTwo Step
Profit TargetNoneFunded from the start10%8% then 5%Phase 1, then Phase 2
Daily loss limit3%Trailing4%5%
Max loss, Evaluation–No Evaluation6%8%
Max loss, Funded5%10%10%
Consistency rule10%20%20%

No Account Type has a minimum number of Trading Days or a time limit to pass an Evaluation. The consistency rule applies to Funded Accounts when you request a Reward.

6.2 Daily loss limit. Your equity, including open positions, may not fall below your balance at the start of the trading day minus the daily loss limit. The trading day resets at [time and time zone]. On Instant Accounts the daily limit is trailing: [describe how it trails].

6.3 Max loss. Your equity, including open positions, may not at any time fall more than the max loss percentage below your Starting Balance.

6.4 Breach. Reaching either loss limit ends the Account immediately (a "Hard Breach"). Open positions may be closed and the Account cannot be reinstated. Any Reward already approved before the breach is still paid.

6.5 Passing an Evaluation. You pass a phase when your closed balance reaches the Profit Target without a Hard Breach or a violation of Section 7. We issue the next phase or your Funded Account after a review, normally within [X] business days.

6.6 Allowed. Subject to Section 7, you may trade the news, hold positions overnight and over weekends, and use any trading style including scalping, day trading and swing trading.

6.7 Add-on features. Expert Advisors and other automated tools may be used only with the Expert Advisors Add-on. Trading on weekends is available only with the Trade on Weekends Add-on.

6.8 Inactivity. You must place at least one trade every 60 days. An Account with no trade for 60 days is closed as inactive.

7. Prohibited practices

The following are not allowed on any Account, in Evaluation or Funded, and are a material breach:

  1. High-frequency trading, latency arbitrage, tick scalping, or exploiting price feed errors, delays or other platform faults.
  2. Holding trades for less than 60 seconds.
  3. Hedging, opposite-direction or coordinated trading across accounts, including accounts held by other people or at other firms.
  4. Copy trading, signal services or trade-copying between accounts, except your own trades copied between your own Accounts [confirm policy].
  5. Letting anyone else trade your Account, or trading someone else's Account.
  6. Using third-party "passing services" or account management.
  7. Gap trading or other strategies designed to profit from the difference between simulated and real execution rather than from market moves.
  8. Market manipulation, or any strategy we reasonably determine is designed to exploit the program rather than show trading skill.

We decide in good faith, based on trade data, whether a practice falls under this Section. We will tell you which rule we believe was breached and give you an opportunity to respond before we make a final decision on a Reward.

8. Rewards and payouts

8.1 Eligibility. You may request a Reward from a Funded Account when all of these are true:

  • You have completed KYC.
  • The Funded Account has at least 7 Trading Days.
  • At least 14 days have passed since the Funded Account was issued or since your last Reward request (7 days with the Express Payouts Add-on).
  • No single Trading Day's profit is more than the consistency percentage in Section 6.1 of the total profit you are requesting.
  • The Account has no Hard Breach and no unresolved review under Section 7.

8.2 Reward split. Your Reward is a percentage of the simulated profit you request: 70% on your first Reward from an Account, 80% on the second, and 90% on the third and later. With the 100% Reward Split Add-on, it is 100% from the first Reward.

8.3 Consistency rule. If one Trading Day is above the limit, you may keep trading and request once your total profit is large enough. For example, under a 20% rule with a best day of $1,000, you may request once the requested profit is $5,000 or more.

8.4 Review. Each request is reviewed for KYC and compliance with these Terms. We aim to complete reviews within [X] business days. We may ask for more information, and the review period pauses until you provide it.

8.5 Payment. Approved Rewards are paid in USDT on the Ethereum network (ERC-20) to the wallet address in your Dashboard. You are responsible for the address being correct and able to receive ERC-20 USDT; payments sent to an address you gave cannot be recovered. [State who pays network fees.]

8.6 After a Reward. When a Reward is paid, the simulated profit requested is removed from the Account and the balance resets to the Starting Balance. [Confirm.]

8.7 Withholding. We may delay, reduce or refuse a Reward only where we reasonably find a breach of Section 2, 6 or 7, fraud, or a sanctions or KYC problem. We will tell you the reason. A Reward is not reduced for any other reason.

8.8 Taxes. You are responsible for any taxes on Rewards. We may ask for tax forms where the law requires it.

9. Suspension and termination

9.1 You may stop using the Services at any time. Unused Accounts are not refunded except under Section 4.

9.2 We may suspend or close an Account, without refund, if you materially breach these Terms, including Sections 2, 7 or 4.4. Where practical we will give notice and the reason first.

9.3 We may stop offering the Services, or any Account Type, on 30 days' notice. If we do, we will let you finish active Accounts or refund fees for Accounts that have not started trading.

9.4 Sections 4, 5, 8.7, 10 to 17 and any approved but unpaid Reward survive termination.

10. Platforms and third-party services

10.1 Accounts are traded on third-party platforms such as TradeLocker and MetaTrader 5. Their own terms also apply. We don't control them and aren't responsible for their outages, errors or data.

10.2 If a platform or price-feed error affects your Account, report it to support@claritytraders.com within [48 hours]. We may correct trades, balances or breaches caused by a clear technical error, in your favor or ours.

10.3 Links to other websites, including Clarity FX and Clarity Tracking, are provided for convenience. Clarity FX is a separate broker, and live trading there uses real money.

11. Intellectual property

The website, Dashboard, content, trademarks and software are owned by or licensed to Clarity Traders. You may use them only to take part in the program. You may not copy, resell, scrape or reverse-engineer them. Feedback you send us may be used without restriction or payment.

12. Publicity

We may display your first name or username, country and Reward amounts on our leaderboard and marketing. You can opt out at any time by emailing support@claritytraders.com.

13. Disclaimers

THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE." TO THE EXTENT THE LAW ALLOWS, WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT. We don't promise the Services will be uninterrupted or error-free, or that you will pass an Evaluation or earn a Reward. Past results of other traders do not predict yours.

14. Limitation of liability

TO THE EXTENT THE LAW ALLOWS: (a) WE ARE NOT LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, OR FOR LOST PROFITS, INCLUDING SIMULATED PROFITS; AND (b) OUR TOTAL LIABILITY FOR ALL CLAIMS RELATING TO THE SERVICES IS LIMITED TO THE FEES YOU PAID US IN THE 12 MONTHS BEFORE THE CLAIM, PLUS ANY APPROVED BUT UNPAID REWARD. Nothing in these Terms limits liability that cannot be limited by law.

15. Indemnity

You agree to cover our reasonable losses and legal costs arising from your breach of these Terms, your misuse of the Services, or your violation of any law or third-party right.

16. Governing law and disputes

16.1 These Terms are governed by the laws of the State of Delaware, USA, without regard to conflict-of-law rules.

16.2 Before starting any claim, email support@claritytraders.com with "Dispute" in the subject and a description of the issue. Both sides will try in good faith to resolve it within 30 days.

16.3 If it isn't resolved, the state and federal courts located in Delaware have exclusive jurisdiction, unless the law where you live gives you a non-waivable right to bring a claim there. [Counsel to consider arbitration and a class-action waiver.]

17. Changes and general terms

17.1 Changes. We may update these Terms. For material changes we will post the new version with a new "Last updated" date and email active customers at least [14] days before they take effect. Changes don't alter the parameters of Accounts already bought, except as Section 3.4 allows.

17.2 Entire agreement. These Terms, the Privacy Notice and the Risk Disclaimer are the whole agreement between us about the Services.

17.3 Order of precedence. If these Terms conflict with any other page, FAQ, email or support message, these Terms apply. If a translation conflicts with the English version, the English version applies.

17.4 Severability, waiver, assignment. If any part is unenforceable, the rest still applies. Not enforcing a right is not a waiver of it. You may not transfer your Accounts or these Terms; we may transfer them to an affiliate or successor.

17.5 Force majeure. We aren't liable for delays or failures caused by events outside our reasonable control, including market closures, exchange or liquidity provider failures, blockchain network congestion, or outages at third-party platforms.

17.6 Notices. We send notices to the email on your account. You send notices to support@claritytraders.com.

18. Contact

Clarity Traders LLC
8 The Green, Suite B, Dover, DE 19901, USA
support@claritytraders.com