Cleared funds refer to funds that have been verified and are available for use by a recipient. In forex trading, when funds are transferred from one account to another, they need to be cleared before they can be used for trading. This is to ensure that the funds are legitimate and that there are no issues with the transaction, such as fraud or insufficient funds. Clearing typically involves verifying the funds and checking for any potential issues, such as payment disputes or fraudulent transactions. Once the funds have been cleared, they are considered available for use and can be used for forex trading.