Ctrader forex software#

cTrader offers many timeframe options including the usual 1 / 5 / 15 minutes and more.

Indicators and Timeframes РІР‚вЂњ The platform offers a large array of indicators such as Moving averages, MACD, Bollinger etc.

cAlgo (cBots) РІР‚вЂњ In line with MT4РІР‚в„ўs Expert Advisors, cTrader offers its algorithmic trading tool called cAlgo, which allows the trader to program robots for trade execution, creation of customer indicators, performing strategies and back testing.

These features help the trader in closely tracking market liquidity for different price points, thereby helping them make more precise entries.

Market depth functionalities РІР‚вЂњ cTrader provides a comprehensive assessment of market depth with three distinct viewsРІР‚вЂњ Standard depth, Price depth, and VWAP depth.

Charts РІР‚вЂњ cTrader offers three chart modes РІР‚вЂњ single-chart, multi-chart and free-chart which can be used to get different visualisations of market trends, based on user preferences.

The screens are easy to navigate and intuitively designed which gives cTrader an edge over more complicated platforms.Р”В¬Trader РІР‚вЂњ STP Forex Trading Platform Features of cTrader

The user interface of the platform is attractive, neat and easy to use. cTrader provides two key functionalities to users РІР‚вЂњ 1) Order execution 2) Charting. The platform is specifically suited to be used with ECN (Electronic Communication Network) brokers and since its launch it has been adopted by multiple ECN brokers including Australia based market leaders, Pepperstone. Communication РІР‚вЂњ MT4 provides a direct chat link between the trader and broker, giving the trader access to convenient support.Р”В¬Trader is a Forex trading platform developed by the award winning fintech provider, Spotware Systems Ltd.Customisable РІР‚вЂњ The MT4 platform lets brokers and users customise the platform to incorporate their required tools, markets and indicators.They can be very useful for either new traders who may need the help of computer programs to execute strategies, or traders with limited time available to devise their own strategies. These tools can execute trades on behalf of users and can be configured based on user preferences. Expert Advisors РІР‚вЂњ MT4 provides for robot-based, algorithmic trading through Expert Advisors (EAs).Charts РІР‚вЂњ The platform provides excellent visualisation of market data through different types of charts, which can be selected by traders based on their preference.Hence the platform is now available in multiple languages, which makes it more accessible for non-english speakers. Multiple languages РІР‚вЂњ Due to the widespread popularity of MT4, the platform is in many different countries.The platform provides a good degree of flexibility for the creation of indicators and use of tools, allowing the user experience to be tailored to the needs of the individual trader. It also caters for automatic order execution with computer programs written in the MQL4 language, which is proprietary to MT4. MT4 is often used for margin trading, allowing users to have leveraged exposure to Forex markets.

Ctrader forex software#

The software in its standard form is compatible with the Windows OS, however some of the online brokers provide a customised version of MT4 which is capable of running on iOS systems. The platform can be downloaded and used directly, or more frequently, is licensed out to online brokers who then make it available to their customers. MT4 is primarily a Forex trading platform, developed by Metaquotes. Even MT5, the latest MetaTrader release, has thus far been unable to surpass the popularity of its predecessor, although there are indications that this is beginning to change. MetaTrader 4 (MT4) is one of the most popular platforms available today and is considered the industry standard.

This article will discuss the similarities and differences between the most popular Forex trading platform, MT4, and cTrader. Drawing comparisons between the trading features available on the platforms will allow a trader to evaluate which one is the most suitable for their needs. How popular a brokerРІР‚в„ўs platform becomes will depend on its usability and functionality. TodayРІР‚в„ўs advanced technology has enabled the creation of many new trading platforms, allowing users to execute trades, evaluate markets, copy portfolios of more experienced traders, and much more.