The trading terminal cTrader is relatively new but offers plenty of features. A lot of improvements have been made since its presentation in 2011 by Spotware Systems. Currently cTrader is used by many forex brokers that offer No-Dealing Desk (NDD) and Electronic Communication Network (ECN) models for order fulfillment. The platform provides real-time quotes of financial instruments, charts, and the ability to place different types of orders. Spotware Systems says that platform does not allow any dealing desk intervention and no conflicts of interest can arise between a broker and a client. Customers can monitor the market in depth (Level II Quotes) and all prices come directly from liquidity providers. The terminal uses Volume Weighted Average Price (VWAP) technology to execute orders so the average fulfillment time is within milliseconds.
The workspace can be viewed in different layouts and customers can select individual templates or choose between light and dark color themes. Traders can create a list of favorites in the Watchlists tab. There are a lot of technical indicators available. Customers can select from common trend indicators, oscillators, and volatility indicators. In addition, they can build their own indicators in C# language, download ones, or share them.
Charts can be displayed as a single-module, a multi-chart module and a free-chart module. In addition to the standard time periods, 2, 4-minute and 12-hour ones are available as well. Customers can trade directly from the chart window, which can be detached to a stand-alone, tradable window. The current market view can be easily captured.
The platform cTrader runs directly in the web browser without the need for additional software. The mobile application for iOS and Android devices is also available.
