|Platform Feature||cTrader Performance|
|⏱ Responsiveness||Fast and responsive for all trading features|
|📱 Devices||Desktop, Mobile, Tablet (PC, Apple, Android)|
|📈 Charting||Advanced charting functionality|
|💹 Ease of Use||Beginner to Advanced – Clean user interface|
|📰 News Updates||In-app news and event updates|
|🤖 Automation||cTrader Automate (formerly cAlgo)|
|🌍 Coverage||cTrader is available in 14 different languages|
|👨💻 API||cTrader Open API – Build bots & apps|
|💵 Cost||Free to download|
The Ultimate cTrader Review (November, 2020)
We spent over 32 hours analysing the cTrader platform, reading reviews from expert users and performing detailed hands-on research. In summary, this is what traders think:
✅ 8 Reasons To Use cTrader
- Most traders thought cTrader is intuitive and easy to use, from initial installation
- A lot of traders thought cTrader is perfect for those getting into trading, the software seems far more “modern” than the competition
- The detailed trade analysis feature helps you to understand your strengths and weaknesses
- There’s a large range of available indicators on the platform
- Detailed order tickets are very useful, including base currency dollar value or pip
- Traders really like the ability to add multiple take-profit orders on cTrader
- Traders enjoyed the comprehensive educational videos available within the platform to help make the most of cTrader
- The design and feel of cTrader replicates an institutional trading environment, including depth of market and feels very professional
⛔️ 1 Reason Not To Use cTrader
cTrader Bottom Line
cTrader is an intuitive, modern, easy-to-use platform with advanced trading capabilities. Traders felt the responsiveness of cTrader allowed for fast entry and execution.
The ability to code in C# and use the open API gives advanced traders the ability to make serious platform customisations. cTrader Automate (formerly cAlgo) it is easy to get started with enabling traders to create and edit robots, and indicators.
cTrader is an excellent trading platform making it a solid tool for trading the financial markets.
What Is cTrader? (And What Makes It Different)
A relative newcomer to the “trading platform” space, having been released in 2010, the cTrader platform is believed to be one of the most innovative, sophisticated and revolutionary trading platforms available today.
What makes cTrader stand out is it’s beginner-friendly interface and ease-of-use, but don’t let that put you off as an advanced trader. cTrader is still used by many professional traders.
This tool enables direct access to the interbank market and more, such as algorithmic-based trading systems, different pre-sets and detachable charts.
Enhanced charting abilities and order management systems allow for more efficient management of your positions in fast-moving markets.
cTrader provides clients with the edge in the competitive foreign exchange market.
Why Choose cTrader?
A trader cannot access the Forex market without the necessary bridge.
cTrader serves as one of these essential bridges that connect traders to the FX market.
cTrader is one of the most responsive trading platforms with an easy to use interface, allowing traders of any level to take advantage of the many benefits and features the platform has to offer.
With an influx of new traders wanting to take control of their future, their finances and create an extra revenue source, there has been a spike in cTrader popularity.
cTrader provides ideal trading conditions for startup traders. So if you’re looking to take your trading career to the next stage, then cTrader is a great platform to start trading with.
- An all-in-one platform for trading and execution
- About 50 sharing tools and templates
- More than 70 custom-built indicators for technical analysis
- Multiple timeframes and zoom levels
- A trusted algorithm for automated trading
- Copy-trading features for easier control of funds on different accounts
- Real-time communication and interactions through cTrader forums
- Expert Trading Advisors
- Level II pricing
- Detachable charts
- Automated trading through a dedicated platform
- Next-generation user interface and charting techniques
- Extensive back-testing facilities
cTrader has numerous inbuilt-indicators. It also has an attractive and easy-to-work interface and layout that fits anyone of any skill set.
How to Download cTrader
You can download the official cTrader platform (and trade via a free demo account) from www.spotware.com, or you can visit any cTrader broker to download cTrader.
Before you download cTrader from a broker, be sure you view our best cTrader brokers list before signing up.
This will ensure you get the most out of your trading experience with a trusted cTrader broker.
cTrader System Requirements
Operating System: Vista, Windows 7, Windows 8/8.1, Windows 10
Processor: Dual-Core CPU
Internet Connection: 1Mbps or higher, stable connection and network
Monitor: 13-15 inch screen
Getting Started with cTrader (Guide)
Step 1: Getting Started on cTrader
Installing your cTrader is very easy. Follow these steps, and you should be good to go in no time.
If you are yet to download your cTrader demo, click on the link we provided in the previous section or…
On Spotware, click on “Get Demo” and select the cTrader download of your choice. Options include:
- cTrader download for Desktop
- cTrader download for Android
- cTrader download for iOS
If you wish to perform a quick test, you can also launch the web trader version of cTrader to start trading on the spot, without having to download anything to your computer:
This is a version of cTrader that works within your Internet browser.
Keep in mind, this is more of a slimmed-down version of cTrader, as with any web-based trading platform, but it will give you a good idea of what to expect.
- After you have downloaded your cTrader demo, go to your PC’s download location. Find cTrader-spotware-setup.exe.
- Double click the file, or right-click and “run as administrator”.
- Allow the program some time to download and install all the necessary files. The file size is about 37MB, so it should only take a few seconds (depending on your connection).
- A restart might be prompted on your system to complete the installation process. This is not always the case, but should this happen, don’t panic.
- If a reboot is prompted on your system, cTrader will start automatically on your Desktop after the restart.
Issues installing cTrader?
Do you have any issues installing cTrader?
On a rare occasion, it’s possible cTrader doesn’t install properly. When this happens, try the following troubleshooting tips:
- Disable your antivirus software
- Disconnect the internet and reconnect
- Reboot your system
If, this doesn’t solve the problem or the software installs but doesn’t work correctly, make sure you’re running the software as an administrator.
If you’re still not getting cTrader to work, you should contact spotware or perform a clean installation by removing other potential conflicting software on your system.
Step 2: Setting up Your cTrader Demo Account
Upon installing and launching cTrader, the interface will pop up on the screen.
You can proceed to log in from here if you have a an existing account.
Otherwise, you will need to click on the signup option.
For your sign up, you will be required to input your email address and your password.
An email from Spotware will be sent to you after your registration. This email will inform you that your cTrader ID account has been successfully created.
The email will contain your cTrader ID, and email address, which you will confirm. You can also use any of the links in the email to perform any of the following actions.
- Reset your password
- Change your client ID
- Change your email
- Change your password
What Is the Purpose of the cTrader ID?
A cTrader ID or “cTID” is a set of credentials used for signing in across all cTrader platforms across different brokers by using a single account.
The cTrader ID also allows you to access the premium benefits offered by cTrader, these include:
- Sharing ideas and expressing your opinions within a refined community of other cTrader users
- Full access to cTrader forums. You can click the link provided in the mail to visit this community
- Email alerts on your trading positions. You can also manage these notifications on any of your trading accounts
- Cloud Workspaces that will allow you to easily restore your custom workspace when you install a new trading platform from a new broker
- Copy-trading options that will enable you to access life-changing strategies in just two clicks
Make Sure to Confirm Your cTrader ID.
Once you’re registered, you need to “Acknowledge and Continue” to accept the cTrader terms and conditions. Take the time to read and review the policy.
If you agree, click on “Acknowledge and Continue”.
cTrader should now display something like this.
This is the interface you’ll be working with on the cTrader. At the top centre of the screen, you will see an option to open a live account.
If you intend to open a live account already, you can click on the icon and proceed with the registration of your live account.
We recommend getting the full benefit of a live account by signing up via our best cTrader broker list, you’ll get additional features and bonuses upon doing so.
You can also click on cTrader beside the three parallel horizontal lines.
Here you will find the options to either open a demo account or open a live account.
To open a demo account, click on open a demo account. An option will pop up on your screen. Here, you can choose the amount you want in your demo account, your preferred currency, as well as the leverage.
You can also select the type of account you want to open. There are two types of account you can open.
- Hedging account
- Netting account
Opening a Live Account on cTrader
If you wish to open a live trading account, an option of brokers will be listed to you. These are some of the best you can find.
These brokers include:
- IC Markets
- FX Pro
You can carry out a bit of research to know more about the different brokers and the benefits of registering your live trading account with any of them. After this, you can proceed with setting up your account.
With your account all good and set up now, do you just start trading on cTrader or what exactly is the next step to take?
Step 3: Familiarizing Yourself With the cTrader Interface
Making selections of currency pairs
You can select currency pairs on your cTrader by going to the left corner of your cTrader screen. You will find a list of options you can choose from.
When you select a currency pair, the chart for that currency pair will be displayed at the centre of the screen.
For example, let’s load up the EURUSD.
You can follow up on the chart EURUSD chart here. You can also load up another chart, and it will appear within the same window.
You can always switch between one chart and another. You can also increase the size of this window by simply toggling your mouse to the edge and dragging out so that you have more space.
That’s if you’re working on a small PC, though.
You can keep track of all the variables much better on a widescreen.
Making the Currency Section Disappear
If you don’t have enough space on your screen, you can always make out more space without having to reduce the space occupied by the other boxes. This can be done by temporarily making the currency pairs disappear, so you can focus on a single pair.
To do this, click on the icon with three horizontal parallel lines above the box for currency pairs.
The cTrader Main Menu
The main menu allows you to switch between certain features on your cTrader.
- Depositing or Withdrawing funds
- Opening your settings.
The Account Bar
The account bar allows you to switch between the trading accounts that are linked to your cTrader ID.
The tradeWatch allows you to monitor and control your balance, create and manage new positions and orders, review your transaction, and your trading history.
The MarketWatch contains the currency pairs. It allows you to select the charts you want to view, manage your watchlists, as well as view the trades you wish to enter.
To see how the MarketWatch looks like, check out the previous section on how to select your currency pairs.
The CTID Bar
The cTrader ID bar allows you to create your demo account or your live account, switch between trading accounts, access additional material, and manage your workspace and a lot of other functions.
You can also create new orders from here.
There’s another place you can create orders directly, and this is the charts bar. The charts bar hold your charts of interest- be it currencies, stocks or commodities.
Creating an Order
To create a new order on your cTrader, click on the new order symbol on the CTID bar.
You can also right-click on the symbol you want to trade or the chart. This causes the new order menu to pop up. You can create a new order from there.
Step 4: Place Winning Trades on cTrader
Once you’re familiar with the cTrader, you can begin to work on your account.
You can use a Demo account to practice if you wish to put more time in, but be aware the psychology of trading with a demo account vs. live is quite different.
Be sure to make use of the tools at your disposal to analyse the market.
When you’re confident enough, you can open a live trading account with your preferred broker and start your trading journey.
Executing Trades on cTrader
You can place trades using many different techniques on your cTrader. These techniques include:
- The Market order
- The Limit order
- The Stop order
- The Stop limit order
Using the market order is the fastest way to open a position on cTrader.
The Take Profit and the Stop Loss
You can choose to take your profit on cTrader if you’re not sure the market will continue in your speculated direction. You can also choose to stop your loss when things don’t exactly go in your favour.
Both the take profit and the stop loss are mostly used together in trading. To set up this duo, go to your existing position or order. Go to the Modify order menu and set your stop loss and your take profit according to your calculated pips.
Now that you know just how to create your order enter your trades, and take your profits as well as sell your losses before its too late, let’s take a look at some things that can make your journey on cTrader even smoother.
cTrader Keyboard Shortcuts
cTrader supports a range of keyboard shortcuts, to view them all and print them out in an easy-to-use reference document, visit our cTrader Keyboard Shortcuts page.
Features and Advantages When Using cTrader
Features of cTrader and Advantages That Come From Using the Software
cTrader is globally recognised and certified as one of the best trading platforms in the world. The platform is used by all kinds of traders from several countries around the world. If there’s something you are guaranteed, it’s that once you learn to familiarise yourself with the workings of the platform, you can be sure to grow your trading capital and expand your income base.
cTrader allows you to make trades on-the-go even after you step away from your computer. The software has an android version that is available for download on www.spotware.com. There’s also an iOS option available for your iPhones and iPads.
With this option, there’s never a moment away from the market. Even if you are not planning on placing any trades on your mobile, you could use them to plan your next trading session.
Fast Market Entries
cTrader allows you to execute your trades on the market instantly. There are no lags or delays on opening and closing positions on real-time on your demo and your real accounts. This helps a lot of traders around the world to rake in even more profit by placing only the most profitable trades on the platform.
Easy to Manoeuvre
cTrader software is easy to launch and use. Thanks to hundreds of cTrader in-house specialists, you can easily connect to several providers, integrate, and adjust the functioning of the platform to suit your taste.
Also, as a trader, you can work on developing different algorithms using any desired tool. These tools can be, eventually, connected to the market via the cTrader FIX API.
Height of Privacy
Whatever algorithms you create as a trader can be used without having to disclose to the public. You don’t have to run it on any commercial platform. You can just set it up right there- directly on your computer.
Traders are at liberty to connect with multiple brokers at the same time. This is made possible by a custom interface. This application, therefore, extends your spans of opportunities and options.
Copy Trading Options
cTrader offers a unique and simple copy trading service called the cTrader Copy. You can get this in the side menu. With the cTrader Copy, it is possible to replicate trades from several trading accounts that you’re entirely confident in and guarantee that your account stays in the green every time.
Multiple Language Options
cTrader is available in 14 different languages. This allows players from even some remote countries of the world to come on board the software. Supported languages include:
|🏴 English||🇨🇳 Chinese|
|🇷🇺 Russian||🇰🇷 Korean|
|🇫🇷 French||🇮🇹 Italian|
|🇪🇸 Spanish||🇬🇷 Greek|
|🇵🇹 Portuguese||🇹🇷 Turkish|
|🇵🇱 Polish||🇭🇺 Hungarian|
|🇯🇵 Japanese||🇩🇪 German|
Majority of the world’s population understand these languages, meaning cTrader can reach more than 70% of the world’s population.
cTrader Automate (Formerly cAlgo)
cTrader utilises something called the cAlgo. This algorithm allows cTrader to be able to simulate and recreate past market behaviour to test them on the market.
View all of the popular cTrader Frequently Asked Questions in a comprehensive cTrader FAQ here.
cTrader – One of the Best
cTrader was recognised as one of the best Forex Trading Platforms in 2020*
It has, since its inception, raised the standards for the online trading industry, and it appears that the platform will continue to set the pace for other trading software in the FX market.
|2020||*Best Forex Trading Platform||ATOZ Markets|
|2018||Best FX Trading Platform||FMLS18|
|2018||Quality Assurance Conference Awards||Information Security Management|
|2017||Best Mobile Trading Platform||China Forex Expo|
|2015||Best FX Platform||Forex Bonus Lab|
|2013||Best Trading Technology Provider||Arabcom Group|
|2013||Best Retail Platform||FX Week e-FX awards|
|2012||Forex Person of the Year (Andrey Pavlov, CEO of Spotware)||FXStreet|
A lot more features are implemented every year and a lot more functions allow retail traders even more access to the financial markets.
Trading is fun, easier, and most importantly, profitable with cTrader.
A significant number of traders believe that cTrader is more versatile than MetaTrader in terms of its fewer complexities and ease of use.
Judge for yourself if it is indeed the ideal trading software.
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cTrader - Forex, Financial and Algorithmic Trading
cTrader is an advanced trading platform. With a clean, modern design. This feature-packed tool is filled with helpful guides, indicators and bots to help you get the most out of the financial markets.
Price Currency: USD
Operating System: Windows, OSX, iPhone, iPad, Android
Application Category: Trading Platform