The Ultimate Platform for Traders: What Makes cTrader Stand Out
cTrader is a popular third-party trading platform that has become increasingly popular among traders due to its advanced features, customization options and modern design. The platform is aimed at replicating an institutional trading environment while also offering customizable options to traders.
Compared to MetaTrader 4, cTrader has a more intuitive and sophisticated design and is based on the popular programming language C#. This allows traders with coding experience to create trading robots and algorithms that can execute trades based on specific preferences.
One unique feature of cTrader is its advanced risk management functionalities, which include the ability to control order fills and customize take-profit/stop-loss levels. The platform also offers a great selection of indicators and educational videos to help traders learn how to use the platform.
cTrader is available in multiple versions including a Webtrader, desktop platform (for Windows Mac and Linux) and iOS/Android apps. The platform's availability and accessibility combined with its advanced features, make it a popular choice for both novice and experienced traders.
While both cTrader and MetaTrader 4 specialize in forex trading and offer a wide range of indicators and charting tools, cTrader's design is considered more modern and sophisticated. Additionally, cTrader's advanced risk management functionalities, API and C# coding support, and more customizability make it a better fit for traders with more advanced needs.
One of cTrader's unique features is the ability to assess the depth of the market using three different options - standard depth, price depth, and VWAP depth - giving traders a better view of market liquidity for different price levels. The platform also offers advanced take-profit/stop-loss levels, market sentiment, and Smart Stop-out features, as well as the ability to customize watch lists, email and push notifications, and access to cloud-hosted watch lists, workspaces, and price alerts.
While both cTrader and MetaTrader 4 allow for algorithmic trading with the use of trading robots, MetaTrader 4 is still considered to have the best support functionalities and a large online community for traders to find assistance. However, cTrader's platform does allow for strategy backtesting on real-time data and conducting trading performance analysis, features which MetaTrader 4 does not offer.
Only one broker we offer – Pepperstone - facilitates trading through cTrader trading platform.
PEPPERSTONE main features and highlights
FCA, CySEC, BaFin, ASIC, DFSA, SCB, CMA
Num of instruments offered
Trading fees category
Credit/debit card; bank wire; Electronic wallet
Max leverage offered