21 Best cTrader Forex Brokers – ( Reviewed ) 2020

cTrader Brokers

cTrader Brokers

 

According to research in South Africa, cTrader is a trading platform which was developed by Spotware Systems Ltd who was established in 2010 and is used by many forex traders and brokers alike.  cTrader provides users with a responsive and easy-to-use trading platform with a clean layout and a wide range of multiple tools.  cTrader offers users a variety of drawing tools and over 60 indicators pre-installed.

The mobile versions of cTrader are built for use on Android devices as well as iOS devices including the iPhone and iPad and allows traders to trade forex with cTrader on the go. The cTrader mobile apps can be downloaded from Google Play for Android and App Store for iOS.

 

A review about Pepperstone
 

 

Pepperstone

 

Regulations:                       ASIC, FCA

Minimum deposit:          $200

Platforms:                           MT4, MT5, cTrader, cAlgo

 

Pepperstone has been in operation since 2010 and has quickly become one of the best forex brokers in South Africa and across the globe. Pepperstone also has many awards, and it is widely appreciated by investors and traders alike.  Pepperstone is well-regulated by both the FCA and ASIC.

 

Pepperstone is one of the few forex brokers who offer Direct Market Access implementation and ECN access through cTrader and traders trading with Pepperstone can open either a Pepperstone Razor account, or a standard account. Both accounts offer a wide range of options and features.

 

A review of IC Markets
 

IC Markets

 

Regulations:                       ASIC

Minimum deposit:          $200

Platforms:                           MT4, MT5, cTrader

 

IC Markets is one of the fastest growing forex brokers in the world and is an ECN broker, with headquarters in Sydney, and operating offices all over the world. IC Markets offers users high leverage ratios, low spreads, no commission on withdrawals, the number of available trading platforms including cTrader. IC Markets is regulated by both ASIC and CySEC.  Both a standard and a raw account is on offer and both of these account types are available with no minimum deposit.

 

A review of FIBO Group
 

Fibo Group

 

Regulations:                       CySEC

Minimum deposit: ¬†¬†¬†¬†¬†¬†¬†¬† ‚ā¨100

Platforms:                           MT4, MT5, cTrader

 

Fibo Group has been in operation since 1998 and has offices all over the world. Customer support is offered in a variety of languages and they offer up to 8,000 stocks, ETF, CFD, Forex, and metals. Fibo Group offers users several account types to choose from.  cTrader is available, but traders should note that this platform is only available outside the EU to Fibo Group traders.

 

A review of RoboForex

 

RoboForex

 

Regulations:                       CySEC, ISFC

Minimum deposit:          No

Platforms:                           MT4, MT5, cTrader, rTrader, RoboForex Terminals

 

RoboForex addresses private individuals and businesses through a range of Forex trading services, ECN business accounts via cTrader, business accounts, high leverage ratios and Cent Accounts.  RoboForex offers users a selection of more than 200 negotiable assets and several trading platforms to work with and choose from and services are available in English, Indonesian, Malay, Russian and Chinese.

 

RoboForex is a CySEC and IFSC regulated broker.

 

A review on OctaFX
 

Octafx

 

Regulations:                       FCA

Minimum deposit:          $5

Platforms:                           MT4, MT5, cTrader

 

OctaFx allows trading of major currency pairs, alongside gold and silver. OctaFx is well-recognized as a top ECN broker and traders who open a cTrader ECN account, can trade in 28 currency pairs.

 

A review of Fondex
 

Fondex

 

Regulations:                       CySEC

Minimum deposit:          $250

Platforms:                           cTrader

 

Fondex is an EU broker based in Cyprus and has been operating in the trading sector for over 10 years. Fondex carries a CySEC regulation and this cTrader ECN STP broker is well known for fast and efficient execution speeds.  Traders will have more than 1,000 assets available to trade.

 

A review of Tradeview
 

Tradeview Forex

 

Regulations:                       CIMA

Minimum deposit:          $100

Platforms:                           cTrader

 

Tradeview Forex was founded in 2004 and offers customers the ability to operate on the forex market. Tradeview Forex is regulated by CIMA.  This ECN/STP broker brings fast execution of trades and a good degree of accessibility to the table, with cTrader available as a trading platform.

 

A review of Kimura Trading
 

Kimura Trading

 

Regulations:                       MFSA

Minimum deposit:          no

Platforms:                           cTrader

 

Kimura Trading is a cTrader ECN/STP broker based in, and regulated by the authorities in Malta through the MFSA regulatory body. The cTrader trading platform is available through Webtrader and through the platform and trading options available with Kimura, traders will have access to a wide range of markets in forex, commodities, energies, cryptocurrency, and indices trading.

 

A review of FXPIG
 

FXPIG

 

Regulations:                                       FSC

Minimum deposit:                          $500

Platforms:                                           MT4, cTrader

 

FXPIG offers traders a choice of 40 types of Forex pairs paired with excellent customer support, available 24/7 in the trading week via phone, email, skype, and live chat. FXPIG offers the cTrader platform.

 

A review of Trader's Way
 

Trader’s Way

 

Regulations:                       Unregulated

Minimum deposit:          $10

Platforms:                           MT4, MT5, cTrader, cAlgo, cMirror

 

Trader’s Way is a cTrader ECN/STP broker that was established in 2011 and are based in Roseau, Dominica. Traders can open an account for excellent value with a $10 minimum deposit and a range of markets including forex, commodities, energies, stocks, and crypto is on offer.

 

Why should a trader pick cTrader?

 

The cTrader platform stands out above the rest because it has been custom designed for use with ECN brokers. cTrader has become the platform of choice for several other leading ECN brokers, including those named in the list thus far.

 

Here are 5 Reasons Why Traders Should consider using cTrader include:

 

  • Global Recognition & Branding

 

cTrader is trusted by thousands of traders across the globe and is offered by multiple top tier brokers.

 

  • Easy Launch

 

An in-house team of experts ensure a fast and easy launch and thanks to cTrader’s open and scalable architecture, traders can easily and effortlessly connect to any liquidity providers, integrate with 3rd party apps, adjust the platform to industry trends and grow their business professionally.

 

  • All in One Platform

 

cTrader offers their clients a technically advanced trading platform equipped with everything needed. Superior trading, charting and technical analysis tools for manual trading, algorithmic trading features, copy trading service suitable for PAMM managers, a native IB Program and much more.

 

  • Powerful Management Tools

 

  • Ongoing Support

 

From the very beginning, traders will have a ‚Äúgood feel‚ÄĚ for cTrader due to its looks, layout and user-friendly manner. In comparison with the MetaTrader platform, new users will find it easier to use and become accustomed to. cTrader may not offer as many features as others, but some of those features not on offer is really not that necessary and there are plenty of tools on offer to meet the needs of no-dealing-desk brokers.

For traders to find their way around is easy and straight-forward and everything has been to laid out in an intuitive way, the workspace being clean and well organised.  cTrader caters to the needs of a wide range of traders, both in style and needs Рperfect for beginners. Traders have the option of using Market Watch or TradeWatch to trade directly made possible by cTrader’s Quick Trade interface and traders are able to trade directly through order screens, direct from the charts, or with the help of chart context menus.

For traders to be able to react quickly to market changes is a vital part of Forex trading, and this is possible with cTrader and backend allows simultaneous processing of orders. cTrader uses the latest cloud technology and has data links with liquidity providers.

 

Read 27 ūü•á Best CySEC Forex Brokers – ( Reviewed ) 2020

 

Other mention worthy cTrader Forex Brokers include.

 

A review of FxPro
 

FXPro

 

FXPro is an online broker which was founded in 2006 and offers Forex trading, Share Dealing trading, Spot Indices trading, Futures trading, and Spot Metals and Spot Energies trading.

FXPro are a global broker and have a head office in UK.

 

FXPro Trading Accounts on offer are:

 

The following account types are available to FXPro clients under CySEC, FCA and SCB:

 

  • MT4 accounts with fixed spreads, floating spreads, Instant Execution and Market Execution.
  • cTrader account with floating spreads and Market Execution.
  • MT5 account with floating spreads and Market Execution.

 

The following account types are available to clients under DFSA:

 

  • MT4 account with fixed spreads and Instant Execution.
  • MT4 account with floating spreads and Market Execution.
  • cTrader account with floating spreads and Market Execution.

 

FXPro offers MT4 Instant, MT4 Market, MT4 Fixed Spreads, MT5, cTrader, which are available for both VIP and Islamic clients.

 

A review of Abshire Smith
 

Abshire Smith Global

 

Abshire Smith Global is an online broker which was founded in 1997, offering Forex trading, Social trading, and Share Dealing trading.  Abshire Smith Global is a global broker and has a head office based in the United Kingdom.  Abshire Smith Global is one of a few brokers who offer the cTrader platform developed for traders.

 

A review about Bittrex
 

Bittrex

 

Bittrex is an online broker who was founded in 2010 and offers Forex trading, and Share Dealing trading and is a global broker and has a head office based in South Korea.  Bittrex is one of a handful of brokers who offer the cTrader platform developed for traders alongside the popular MT4 forex trading platform.  Traders have an opportunity to trade in a wide variety of instruments with Bittrex Рover 57 instruments.

 

A review of ChoiceTrade

 

ChoiceTrade

 

ChoiceTrade is an online broker which was founded in 2009 and offers Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading.  ChoiceTrade are a global broker with a head office based in the United States.

 

Trading on ChoiceTrade:

 

  • MT4
  • cTrader

 

ChoiceTrade offers users a wide variety of over 73 instruments to trade.

 

A review of ETrade

 

ETRADE

 

ETRADE is an online broker which was founded in 2012 and offers users Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading.  ETRADE is a global broker and their head office is located in the United States.

ETRADE offer traders a user-friendly custom trading platform, which is available as a browser-based web application.   ETRADE is one of a few brokers whom offer the cTrader platform developed.

 

A review of OptionsHouse
 

OptionsHouse

 

OptionsHouse offer users a user-friendly custom trading platform, alongside the popular the cTrader platform specifically developed for traders and mobile apps for Android and iOS.

 

How Is cTrader Different from Regular Market Maker Platforms?

 

cTrader was designed and developed as a fully ECN model which offers traders direct market access (DMA) without any external bridge. The cTrader is one of the very first trading platforms which was designed to connect traders directly to a liquidity provider, which primarily provides ECN and STP trading conditions to traders from the start. Due to its high efficiency, the cTrader platform is perfect for ECN connection and execution, and is a perfect solution for various strategies.

 

Read 27 ūü•á Best ASIC Forex Brokers – ( Reviewed ) 2020

 

For traders who are still having trouble with making a choice there are a few other platforms available that are worth having a look at.

 

These cTrader Brokers include:

 

Axiory

 

With Axiory traders will have access to an innovative trading infrastructure with low interbank spreads and high-quality execution of orders

 

Conotoxia

 

Conotoxia is the international brand of Cinkciarz, and Cinkciarz specializes in deliverable foreign exchange and is one of the largest financial services companies in Poland.

 

Fibo Group

 

Fibo Group has been offering forex trading services to traders for more than 20 years, making them one of the most established online brokers in the market to date.

 

com

 

The ECN model of ICM is a partnership between advanced technology and deep liquidity, giving clients the opportunity to trade a diverse range of financial products.

 

OMF

 

OMF facilitates trading in a full range of financial products available in the FX, carbon, options, equities, CFDs and futures markets.

 

 

Does cTrader have any special features?

 

cTrader is designed for use in real market trading and offers a number of special features. Traders who are looking for automated trading options will appreciate cTrader’s cAlgo function, which allows for the generation of robots, custom indicators, and the performance of a wide range of strategies and back-testing and the cTrader platform keeps traders informed in real-time, of all the markets currently open by displaying normal market hours. With cTrader Forex broker it is easy to see how much of a particular instrument is being offered for sale or purchase at a particular price and this valuable information is displayed in the lower section of an order ticket when a limited trade is being placed.

 

cTrader’s charts and tools

 

cTrader offers a good selection of charting tools which are both easy to use and to understand. There are three different chart modes on offer which include – free-chart, single-chart, and multi-chart, all of which can be arranged in the workspace differently.

There is a wide range of indicators and timeframes including Moving Averages, Stochastic Oscillator, Bollinger, and more than 50 others to take a look at and there is also the option available to traders to construct their own indicators with the C# programming language.

 

cTrader multi-account management

 

Very few traders use just one account for trading and Multi-account trading has become very popular. With cTrader, traders are given instant access, after the initial log-in, to all the trading accounts they may have available.

 

cTrader Features

 

  • A Complete range of market orders with¬†a fast entry and execution and advanced order protection.
  • Variety of price charts.
  • Different time frames and zoom levels.
  • Over 70 pre-installed indicators and custom indicators for technical analysis.
  • Up to 50 templates, and sharing tools including embedding.
  • All-inclusive algorithmic for automated trading.
  • Ability for traders to build robots and indicators.
  • Trade copying¬†with separate copying accounts for extended control of funds.
  • Web based trading allowing accessibility from any device, any browser, or operating system including MacOS.
  • Available on mobile devices with a fully functional trading platform that is not inferior to its desktop version.
  • FIX API trading allowing traders to communicate directly with cTrader Server in real-time.

 

cTrader platform versions

 

There are several versions of the cTrader platform. These are as follows:

 

  • cTrader desktop
  • cTrader web
  • cTrader mobile (android and iOS)

 

The desktop client of cTrader is a downloadable file which can be setup to work on a PC or laptop.

The cTrader platform can be downloaded directly from the Spotwares website, the cTrader website or from a number of major forex broker.  cTrader requires a username and password for the trader to login for either the demo or live account and the file is downloaded as an executable (.exe) file, unpacked and setup by following the simple prompts on the screen.

The web trader is a web-based, non-downloadable version of cTrader, accessible from the chosen broker’s website as an URL, and similarly requires a username and password for login.

 

In Conclusion

 

cTrader makes use of cloud technology, and is an¬†FX and CFD trading platform¬†which offers direct market access and in 2013, it was awarded the title of ‚ÄúBest Retail Platform of 2013‚ÄĚ by FX Week.

Both beginners and more experienced traders can benefit from the direct STP access and enjoy the benefits of no dealing desk, no delays in order execution, and no requotes.

cTrader is easy to use and provides traders a smooth trading experience, according to research in South Africa.

 

Frequently Asked Questions

 

What is cTrader platform?

A Trading platform that was developed by Spotware.

Is cTrader better than mt4?

Being a powerful platform, it is as good as or even better as MT4.

Who are cTrader platform brokers?

Here is a list of the 21 Best cTrader Forex Brokers

How much money do you need to day trade?

If you want to trade US stocks, you will have to maintain an account balance of $25 000.

Can I make $100 per day with forex trading?

Yes, it is possible.

 

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