cTrader Platform Review

cTrader Platform Review

cTrader is a popular Forex trading platform offering STP (Straight Through Processing), DMA (Direct Market Access), and NDD (No Dealing Desk) access to the Foreign Exchange market. Compared to other trading platforms, cTrader provides several unique features, which are explained below. It is designed to meet the needs of all types of Forex traders, including individual traders and professionals such as institutional investors, money managers, and algorithmic traders.

Integrating Two Platforms in a Single Trading Environment

The cTrader package includes two distinct trading platforms:

1. cTrader Trading Platform

   A fully web-based platform compatible with desktop PCs, tablets, and mobile devices.

2. cAlgo Platform

   cAlgo is an algorithmic trading platform designed for automated trading using C# (C-Sharp) programming. It is fully integrated with the cTrader environment, allowing users to share trading accounts, indicators, and templates between both platforms.

cTrader Main Features

1. Simultaneous Order Processing

   cTrader enables simultaneous order processing, allowing multiple orders to be executed at high speed. Orders can be filled within milliseconds, making cTrader an efficient tool for arbitrage trading.

2. Forex Market Depth

   cTrader offers full market depth by displaying a complete range of executable prices sourced from liquidity providers. The platform incorporates the VWAP (Volume Weighted Average Price) system, ensuring that orders are instantly filled against the entire order book.

Additionally, the platform displays active market sessions (e.g., New York, London) at the bottom of the interface, indicating which markets are currently open.

3. Order Types

   cTrader supports a wide variety of trading orders, including limit orders, stop orders, and market orders. It also offers less common order types such as the market-range order.

4. Technical Analysis

   cTrader includes popular technical analysis tools such as trend indicators, price oscillators, and volatility indices. These tools are easy to integrate or remove. Users can also conveniently adjust the zoom level and timeframe.

Traders can develop custom indicators using the cAlgo algorithmic platform. cAlgo allows users to create personalized visual styles and parameters for automated trading. The cTrader and cAlgo platforms are fully compatible, enabling seamless integration of manual and automated trading. Chart templates and trading accounts can be shared between both platforms.

5. Multiple Accounts

   cTrader supports multiple accounts, allowing users to switch between accounts with just two clicks via the account bar. Each account can have a different base currency.

6. Proxy Connection

   cTrader includes advanced proxy settings, enabling easy and secure connectivity from any location—even behind firewalls—without interruption.

7. Language Support

   The platform supports 14 different languages, including English, Spanish, French, Arabic, Russian, Portuguese, Chinese, Japanese, Polish, Korean, Italian, Greek, German, Turkish, Hungarian, and Vietnamese.

cTrader Charting Capabilities

One of the key advantages of trading with cTrader is its advanced charting features, including a comprehensive library of trading indicators.

(i) Chart Trading

cTrader offers click-and-drag functionality, allowing users to open and close orders and adjust stop losses with a single click.

(ii) Chart Views

cTrader supports fourteen (14) time frame views to accommodate various trading strategies. It also offers six (6) zoom levels for flexible chart visualization.

(iii) Social Trading & Chart-Shots

Users can instantly capture and share chart snapshots online. Charts can be embedded directly into websites or shared across more than 300 social networking platforms.

(iv) cTrader Templates

Users can easily create, save, and share chart templates, including with the cAlgo platform.

► Visit the cTrader Official Website

Algorithmic Trading via cAlgo

cAlgo enables advanced, high-speed ECN-automated Forex trading. Users can create custom indicators and cBots (Expert Advisors) using the C# programming language. These can be developed either within the cAlgo editor or using Visual Studio.

Algorithmic traders can share, download, and discuss cBots via the cTrader Developer’s Network (cTDN).

cTrader Downloads: ► Download the cTrader Demo | ► Download the cAlgo Demo

Forex Brokers Offering the cTrader Platform

These are some regulated Forex brokers featuring cTrader:

■ cTrader Review 

ForexAutomatic.com

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