Three great cTrader features

Are you sick of taking a look at an outdated MT4 platform? Do you are feeling restricted by what on-line social buying and selling platforms like TradingView have to supply? Have you ever outgrown your brokers proprietary platform? If the reply to these questions is sure, then it could be value testing out the cTrader platform.

For many who haven’t heard of cTrader earlier than, it’s the challenger platform resolution for Foreign exchange and CFD buying and selling developed by Spotware. The platform, like most others, is on the market throughout all units and working programs, together with the online. As well as, it provides you full charting capabilities, simple to make use of interface, financial calendar data that you’d count on from a buying and selling platform in 2022.

What units cTrader aside from the competitors is its copy commerce choices, cTrader automate algorithmic resolution and its FIX API connection. The latter function, when mixed with a real ECN dealer, really provides you unparalleled direct entry to full depth and breadth of the Foreign exchange and CFD markets while you commerce. This contains stage 2 pricing to get true perception into what consumers and sellers are doing.

For these with little time to trace monetary markets developments, give you buying and selling methods of their very own, or simply don’t have the time to commerce manually, cTrader copy commerce performance gives the right resolution. The platform gives tons of of buying and selling methods to observe and detailed statistics round their efficiency. Plus, you get to decide on the danger stage you need to take with fairness cease losses.

If growing your personal buying and selling algorithms is your focus, then cTrader Automate is a good resolution. You possibly can develop algorithms straight on the cTrader platform in addition to check and optimise them. What’s extra, cTrader Automate works with the C# programming language. There isn’t any have to study platform particular languages expertise as you do with MT4’s MQL4, which has no sensible use elsewhere.

In my subsequent article, I’ll talk about certainly one of my favorite advantages of cTrader, the flexibility to trace your buying and selling efficiency with out having to make use of exterior software program like myFXBook or FXBlue. Merchants generally overlook the necessity to perceive their efficiency statistics. But efficiency monitoring is crucial to advantageous tuning your buying and selling efficiency.