The cTrader terminal is a platform developed in 2010 and designed for stock trading via the Internet, namely, for working with ECN accounts. The structure of this platform contains many tools and functions that can satisfy the request of both beginners and experienced market participants. Working with cTrader brokers, the trader gets the opportunity to control the current market quotes in full, making profitable deals.
The cTrader terminal uses Straight Through Processing (STP) dealing. In accordance with this system, orders are processed through, that is, they are sent to banks and large brokers directly, without a dealing desk. Due to this, transactions are opened and closed without delay. In addition, the STP system eliminates the conflict of interest between the parties, since the broker makes a profit in the form of a commission or markup on top of the spread and not at the expense of the trader’s losses.
Overview of the best brokers
RoboForex
Roboforex has a large selection of trading accounts – a trader with any level of experience can choose the right one. Among trading accounts, there are cent and ECN. There is also a wide range of payment systems to choose from. The commission is compensated by the company. A broker can offer its clients a fairly wide range of trading assets.
Pepperstone
Pepperstone is one of the few forex brokers that offer DMA implementation in addition to ECN access via cTrader. This offer is trusted by almost all forex traders as the broker is very well regulated by both FCA and ASIC. There is also an Active Trader program that helps to further reduce trading costs.
FxPro
FxPro clients can trade using the Metatrader4, Metatrader5, and cTrader terminals. Minimum spreads are provided on trading accounts using the cTrader terminal, however, it should be borne in mind that an additional commission will be charged.
IC Markets
It is considered one of the 5 most important forex brokers in the world. Some of its strengths are high leverage ratios, low spreads, no withdrawal fees, the number of trading platforms available (including cTrader), and great customer service.
FP Markets
FP Markets is an online broker headquartered in Australia. It has more than 10,000 trading instruments in its assets, the main ones are Forex, CFD, futures, and stock indices. The company cooperates with well-known and best platforms in the trading industry, such as MT4, MT5, MetaTrader WebTrader, and the cTrader platform.
Final thought
This software is easy, stable, versatile, and extremely fast. Unlike other mature trading platforms, cTrader has always performed well on every computer we have tried it on. It’s quick and easy to install and use and has never had compatibility issues with existing software.