cTrader Platform Review

cTrader Platform Review

cTrader is a popular Forex platform providing STP, DMA, and NDD access to the Foreign Exchange market. In comparison with other trading platforms, cTrader offers some unique features explained below. cTrader is designed to fit the needs of every Forex trader including Individual and Professional Traders (Institutional Investors, Money Managers, Algorithmic Traders, etc).

Integrating two Platforms in a Single Trading Environment

The cTrader Package includes two different trading platforms:

1. cTrader Trading Platform

100% web-based platform suitable for desktop PCs, tablets, and mobile devices.

2. cAlgo Platform

The cAlgo is an algorithmic trading platform suitable for automated trading via coding in C# (C-Sharp). The cAlgo platform is fully compatible with the cTrader environment and that means that you can share trading accounts, indicators, and templates between these two platforms.

cTrader Main Features

1. Simultaneous Order Processing

cTrader provides simultaneous order processing offering multiple order execution at high speed. Orders may be filled in milliseconds transforming cTrader into an efficient arbitrage machine.

2. Forex Market Depth

cTrader provides market depth showing a full range of executable prices deriving from liquidity providers. The platform incorporates the VWAP system (Volume Weighted Average Price) which means that orders are filled instantly against the full order book.

In addition, the platform shows which markets are open at any time (New York session, London session, etc). The active markets are displayed at the bottom of the platform.

3. Order Types

cTrader provides a full range of trading orders such as the limit order, the stop order, and the market order plus other non-popular order types such as the market-range order.

4. Technical Analysis

cTrader incorporates popular technical analysis tools such as trend indicators, price oscillators, and volatility indices. All technical analysis tools are easily integrated and removed. In addition, users may adjust easily the zoom level and their selected timeframe.

Traders can also create their own indicators via the cAlgo algorithmic platform. cAlgo offers the chance to develop your own visual styles and parameters for automated Forex trading. The two platforms (cTrader and cAlgo) can work together to provide both manual and automated trading. Chart templates and trading accounts can be shared between these two platforms.

5. Multiple Accounts

cTrader supports multiple accounts which means that you can switch between two accounts in two clicks via the account bar. Each account may have its base currency.

6. Proxy-Connection

cTrader includes advanced settings for Proxy connections allowing easy connectivity from anywhere bypassing firewall protection without problems.

7. Languages Support

14 different languages are provided (English, Spanish, French, Arabic, Russian, Portuguese, Chinese, Japanese, Polish, Korean, Italian, Greek, German, Turkish, Hungarian, and Vietnamese)

cTrader Charting Capabilities

One of the greatest advantages when trading with cTrader is the advanced charting capabilities including an extensive trading indicators library.

(i) Chart Trading

cTrader offers click-and-drag functionality. Users can open and close orders and modify their stop losses in just a click.

(ii) Chart views

cTrader provides fourteen (14) time frame views to suit the needs of different strategies. In addition, traders can view their charts on six (6) zoom levels.

(iii) Social Trading & Chart-Shots

You may take an instant chart snapshot and share it on the web. In addition, you can embed a trading chart directly into your website or use 300 social networking sites to share your chart with the world.

(iv) cTrader Templates

Create and save easily your chart templates and share it with cAlgo.

► The cTrader Official website

Algorithmic Trading via cAlgo

cAlgo provides the ability for advanced and fast ECN-automated Forex trading. Users can develop their custom indicators and cBots Expert Advisors. The cBots are developed via the C# language. Users can design their expert advisor via the cAlgo editor or even the Visual Studio.

Algorithmic traders can share, download, and discuss cBots on 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 offering the cTrader platform:

■ cTrader Review 

ForexAutomatic.com

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