What is the Cleo backtesting and trading environment?

Cleo is a professional trading environment built specifically for crypto prop traders. It is one of two platforms available for Mubite challenges, alongside Bybit.

Live Trading on Cleo

Cleo sources Binance market data through its own licensed integration and simulates execution, spreads, and order book depth that mirror live Binance market conditions. Orders are matched within Cleo's simulated venue, giving traders a realistic experience that closely reflects professional crypto trading without executing directly on Binance.

Backtesting Tools

Beyond live trading, Cleo also provides backtesting functionality. Traders can replay historical market conditions, refine their strategies, and stress-test ideas before putting capital at risk. This makes Cleo particularly valuable for traders who want to validate a strategy thoroughly before running it on a live challenge.

Who Should Use Cleo?

Cleo is a strong choice for traders who prefer Binance market conditions or want access to backtesting tools as part of their preparation. Traders who prefer a live exchange environment can opt for Bybit instead. Both platforms are available across all Mubite challenge plans.

To learn more about why Mubite uses both platforms, see the Cleo and Bybit FAQ.