Is this platform for you? Everything you need to know about cTrader!

One of the key elements to profitable trading is a good trading platform since they act as a medium that connects you to the market. It’s crucial to strongly consider conducting your homework first before you just sign up with the first platform you find.

In a platform is everything you’ll need when trading such as analytical tools, active charts, order types, educational material, available markets, advanced trading features and so much more. But depending on the platform you’re with the quality and availability will vary.

That’s why it’s essential to make a list of potential platforms and then slowly narrow them down by weighing out their pros and cons. To help you out, consider cTrader in your list since this is an award-winning ECN-STP trading platform that’s suitable for all traders.

To know more about cTrader, check out everything you need to know about it below!

What is cTrader?

cTrader is a trading platform that was designed, developed, and powered by Spotware. This platform is one of the top multi-asset trading platforms that specializes in Forex and CFD trading. They can be found on Spotware’s website or with supporting brokers like FP Markets, Pepperstone, and so on.

They are also quite popular for their excellent trading tools and features such as their advanced charting, an extensive selection of order types, smart stop-out, level II pricing, and fast execution. But you can expect more from cTrader since they prioritise efficiency and quality with their 3 variants.

cTrader has 3 variants available for your choosing: desktop, web, and mobile. Each one is different from the other but you can expect all 3 variants to provide you a great trading experience. To give you an idea of what you can expect here’s a rundown on each variant:

What is the cTrader desktop variant?

This variant requires you to download and install the platform into your computer or laptop. This Is the fastest variant among the rest. You can download this through cTrader or any supporting brokerages such as FP markets, Pepperstone, FxPro, and so on.

Note, this is only compatible with systems such as Windows 7 and higher, Mac, or Linux.

What is the cTrader web variant?

The web variant doesn’t require you to download or install the platform. You can simply head to cTrader’s main site or with supporting brokerages. This works best with popular web browsers like Mozilla Firefox, Chrome, and so on. 

What is the cTrader mobile variant?

For their mobile app, you need to download and install it into your mobile phone. And whether you’re an Android or Apple user, their app is compatible with both! And either two, both versions offer optimized tablet displays.

What you can expect from this variant are great features that enable on-the-go trading wherever you are! Just go to the App Store or Google Play Store!

What are cTrader’s features?

A good way of knowing if a trading platform is for you is by knowing what they have to offer. And for the cTrader trading platform, you can expect a whole lot! To give you a glimpse of their features, here’s a list:

• Advance charting. (Candlestick, Bars, HLC, Lines, Dots, Heikin, Renko and Tick)
• Extensive order types. (Stop order, Market order, Limit order, and Stop-limit order)
• Level II pricing.
• Economical calendar.
• Momentum indicators.
• 70 ready-to-use technical analytical tools.
• Access to DoM/Depth of Market. (Standard DoM, Price Dom, and VWAP DoM)
• Volatility gauges.
• Access to custom indicators with the use of cTrader Automate.
• Drawing tools.
• Multi-chart mode.
• Selection of timeframes.
• ChartShorts. (50 templates)
• Trading toolbar.
• Trend-based and volume indicators.

How to start trading with cTrader?

Yes, their list of features is long but, the step to start trading with them is SHORT! There are only 3 steps to consider! So if you’re ready to start trading with cTrader, or just simply want to know (for future reference), below is a step-by-step guide to start trading with the cTrader trading platform:

Step 1: Register and create an account.

So to start, head over to cTrader’s main site or supporting brokers to register and create an account. They’ll usually ask you for your:

• Email.
• First and last name.
• Account type.
• Gender.
• Country.
• Preferred language.
• Nationality.

In this process, you can either opt for a Live Trading Account or a Demo Account.

Step 2: Get your cTID and log in

After creating an account, you’ll receive an email with your credentials, one of which will be your cTID (cTrader ID). All individual accounts receive this particular ID, which you can use with any broker that accepts Ctrader. Then log in to the Client Portal!

Step 3: Download and install cTrader

If you’re using the web variant, this is something you can skip. Once you’re an official cTrader member, download and install cTrader on your desktop or mobile (whichever one you like.) Once it’s fully installed, log in and start trading!