cTrader
Updated:
The forex brokers below offer the cTrader platform, giving you direct market access, Level II pricing, and algorithmic trading through cAlgo.
Brokers supporting cTrader
RoboForexRead review- Minimal spreads
- Fast withdrawals
ICM CapitalRead review- No advantages listed.
FIBOGroupRead review- Cent accounts available
- Scalping permitted
FxProRead review- Withdrawals are processed quickly
- Deposits are insured
cTrader is a forex and CFD trading platform built by Spotware Systems, offering Direct Market Access (DMA) execution, Level II pricing, and algorithmic trading through cAlgo. It suits traders who want more transparent pricing and deeper market data than a standard retail platform provides.
Key cTrader features
- Direct Market Access (DMA): orders route straight to the market for a more transparent pricing environment, rather than passing through a dealing desk.
- Level II pricing: shows market depth, letting traders see multiple bid and ask levels instead of just the best price.
- Advanced charting and analysis: a wider set of charting and analytical tools than most retail platforms, aimed at technical traders.
- cAlgo algorithmic trading: build custom indicators and automated strategies, playing a similar role to MetaTrader's Expert Advisors but on cTrader's own engine.
- Mobile trading apps: full-featured apps for managing trades from a phone or tablet.
Who cTrader suits
cTrader's market depth data and algorithmic tools appeal to traders who already understand order execution and want more control than a standard platform offers. The feature set can overwhelm complete beginners, and scripts or bots built for other platforms are not directly compatible with cAlgo. Not every forex broker supports cTrader, so availability narrows the choice of broker compared with more widely offered platforms.
cTrader compared with MetaTrader
| Feature | cTrader | MT4 | MT5 |
|---|---|---|---|
| Market depth | Available | Limited | Available |
| Execution type | DMA/STP | Market maker/STP | Market maker/STP |
| Algorithmic trading | cAlgo | MQL4 | MQL5 |
| Custom indicators | Supported | Supported | Supported |
Choosing a broker for cTrader
Since cTrader availability varies by broker, compare the brokers listed on this page for their specific spreads, execution, and support before opening an account.