For a trader to access the forex markets and trade online they will need to use a trading platform or software.
Trading platforms act as bridges between a trader and the forex market allowing them instant access from any location.
Trading platforms are available for download from the internet onto your computer or mobile device.
They are normally downloadable free of charge from the developers site or a broker.
CTrader is well known platform used by millions of traders worldwide and is available for anyone to download.
Let’s first take a brief look at who Spotware are and what they do.
Who Are Spotware?
Spotware Systems Ltd was established in 2010 and since then they have become a leading technology provider.
The companies main focuss is developing trading platforms for brokers and traders..
Their first and most popular product being their cTrader trading platform.
Spotwares goal is to offer high quality products with continuous development.
It is because of this that they have been recognized on many occasions as the best trading platform.
What Makes cTrader One Of The Most Popular Trading Platforms?
CTrader provides users with a responsive trading platform with a clean layout and a wide range of tools.
The charts in cTrader platform are one of the main attractions of the software, users get a variety of drawing tools and over 60 indicators pre-installed.
Recent statistics have proven cTrader to be the safest trading platform in the world.
Traders who trade on cTrader platform have greater possibility to profit, this is because cTrader promotes transparency.
Spotware stipulates that brokers connect with at least one recognized Liquidity Provider (LP).
LP are responsible for providing prices and they cannot be modified by the dealer.
The dealers however are free to manage their risk on a post-trade basis.
This process creates a more consistent standard of execution for traders.
- 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.
There are a lot of similarities and differences between Meta Trader and cTrader and each trader will have their own preferences.
Meta Trader has a more professional look that is well known to many traders.
In comparison cTrader has a more cleaner, modern design making it easier for users to navigate.
Both platforms are packed with a variety of tools and features.
If you have never used a trading platform before then it is worth trying them both out to see what suits you best.
How To Download And Install cTrader
You can not open a live account directly through the platform and so you will need to do this separately with a broker.
Below we have provided instructions for downloading and installing cTrader demo account from Spotware.
After you click on the “Download” button a Setup window will appear on your screen.
Click on the “Install” button to begin the installation, it should only take a few minutes to install.
Once the installation is complete cTrader will launch and take you to a login or signup window.
You can choose to login via Facebook or Google or you can register with your emails.
Once you have registered the charts should load with their default parameters.