cTrader Platform Brokers?

Maybe you should call fxpro support and they can help you with the platform problems

I have looked at FXPro, IC Markets and Divsa versions of ctrader. I made an algo in C sharp to monitor the spreads and my results indicate that IC Markets have best EUR/USD spread followed by FxPro then Divisa.

I have not tested slippage though, this will be part 2 of my test which I will conduct this week and update.

Thanks everyone for sharing yours experience!

Do you trade with ICMarkets on real acc? Any issues with them?

Actually, I think they are more perspective for trading some particular pairs due to the lower overall cost (spread and commission), comparing with FXPro.

Did you withdraw any money already?

But, I noticed that during the news release or couple hours before the weekend, IC Market's spreads tend to be higher.

I like both FXpro and IC Markets. IC Market trading cost is cheaper though and spreads better on some pairs. I have no problems depositing or withdrawing money from both brokers (1-2 days ) they both have ASIC regulation so they are well respected. Fx pro has nice client area ICMarkets does not but still good process. I can't answer the question about spreads because I have not seen this.

Just want to bump this thread.

Anyone else trading the ctrader platform. Anyone got any spread statistics? Any other info? Execution time?

Cheers

Liquidmarkets.com has recently launched its ctrader platform , commission is 45 per million.

When I started this thread, I had some doubts about the brokers' reputation and commission honesty.

Now I am trading live with IC Markets and very satisfied with them. But there always will be something what you think could be better...


Minuses:


1). I've been informed about the long process of opening real account, so I didn't care that much about it.

2). Sometimes I would like to go to their MT4 to try something new due to about twice lower commission, but the accounts I hold could only be separate, so I have to request a balance transfer each time.

3). I am a scalper. Therefore, the commission affect my R:R ratio very seriously due to the short SL's. As you probably know, the commission is taken according to base currency, so I simply cannot afford trading GBP/USD because of GBP price with a bit higher spread, apart from expected large movements.

4). Again, commission always fluctuate. I would prefer a constant one, even if it will be rounded in a higher way.

5). Their Web Trader is richer than cTrader with tools and the most important thing - division into micro lots (0.01), which help me to use an exact money management if I want to.


Pluses:

Nevertheless, all these minuses are nothing comparing with the conditions of trading.

EUR/USD - I don't take a trade if the spread is 0.4 (which is a very rare thing). Usually, it fluctuates between 0.2 and -0.1, sometimes -0.2 (you can even win a little on it) !!!

USD/JPY - constant commission (due to USD base), and the spead more than 0.5 is unusual. Normaly 0.2 - 0.4!

I trade mostly these instruments, but all the majors have spread less than 1 most of the time.


Execution is quick as I want! Not at the same millisecond, but it is still very quick.


Generally,

If your SL is higher than 10-15 pips, the commission will not affect your MM seriously and you can trade any major there and enjoy the new generation platform.

If you are a scalper as me, you will be a bit limited in instruments (depends on your approach of course).

I don't use any indicator, so any aspect of those does not affect me at all.


Overall, using cTrader - it is like to drive a Bugatti Veyron, while MT4 will remain BMW E36 (was very good for that time, but already old and have to be serviced a lot) )


Thank you

Fidelis capital markets does also offer ctrader? Does anyone know this broker? I cant find any reviews about them..

Trader's Way: http://www.tradersway.com was already mentioned so thought i would just provide the link

Another broker is LiquidMarkets: http://www.lqdmarkets.com

probably worry about the actual liquidity as its name suggestion may not hold true. however, it does offer cTrader.

Do you guys use performance analytic sites like Myfxbook, FXStat, RAPACapIntro, or tools like ForexFactory's own TradeExplorer? If I switch to cTrader I can't use these account tracking sites right?

The logos of brokers currently offering cTrader can be seen at their website, http://www.spotware.com/

(Trader's Way is not listed, probably because it was registered in the tiny Caribbean island of Dominica).

You can be the first one, write to Twee or Danny or use the Contact form. I don't use cTrader at the moment.

Mmaker - I was wondering about exactly same thing!


Being relatively new to forex (I've heard about forex 2 years ago for the first time, and for about 1 year with many breaks I'm trying to speculate on different demo account with mixed results). Right now I'm using Ctrader platform with FxPro ECN demo account - and needless to say I'm quite happy with this choice.

One of the things that I would like to do - to get better results - is to check my progress and mistakes using tools like Trader Explorer from Forex Factory or one of the web sites U listed above.

So here is my problem and my question - does anyone know WHY those sites does not support Ctrader right now (neither do Trader Explorer)? Or did anyone tried to contact ForexFactory admins regarding this situation maybe?

In my personal opinion cTrader is much much intuitive, better looking and working trading platform than MT4 - especially for rookie "trader wanna be" like me.

I totally agree with what user 10518 wrote comparing cTrader to Bugatti...i just want to drive it and properly maintain so i can avoid risk and expensive repairs

Hopefully someone will be able to sort this problem because I believe that there is quite big demand for a performance analytic tool / site that gives cTrader users same advantage as users of MT4 platform.



btw. sorry for any grammar mistakes - English is not my native language

Trader's Way offers cTrader, with cAlgo..you may want to check them out.

Guys I've sent email to both spotware and myfxbook with question when can we expect integration of their platform with some of performance analytic web sites and I've got good news -->

From: Alexander Chauzov {Email Address Removed}
Date: 2013/5/16
Subject: Re: cTRADER vs MT4 and performance analytic sites...
To: bart
Cc: Feedback <[email protected]>


Dear Bart,

Thanks for your kind words.
I'm pleased to announce you that we are about to launch integration with the performance online services you mentioned.
Support of cTrader is coming soon on MyFxBook, Forex Factory, FxStat and MT4i services.

Regarding RAPACapIntro and TradeExplorer, we are considering integration with them as well.

Best regards,
Alex Chauzov
Spotware Partner Integration team


and


From: Myfxbook Support <[email protected]>
Date: 2013/5/16
Subject: Re: general 15.05.2013 18:47
To: bart


Hello Bartosz.

We're actually waiting for cTrader to finish development of an api for us - once it is ready, we'll be supporting their platform.

Here are a few more cTrader brokers:

1. RoboForex

http://www.roboforex.com/trade-conditions/ctrader/

2. Fibo Group

http://fibogroup.com/traders/platform.html

3. DivisaFX

http://divisafx.com/divisa-ctrader.html

Also

http://www.commexfx.com/ctrader.php

According to this review(http://www.dailyforex.com/C-Trader/C-Trader-review/697), cTrader doesn't even have basic OCO functions.


Is this still the case?

I need to know if this is possible with cTrader.
With MT4 I open a position by dropping a script from the navigator to the chart. The point where the script is dropped is the stop loss. The script then open a position, set the stop loss to the dropping point, and calculate position size based on fixed % risk: the bigger is the stop loss, the smaller the position size, so I can risk the same % of account size on each trade.
Can the same thing be done in cTrader?

OCO? It has all the functions, there is even a "maximum slippage" option, so you won't get slippage when entering a market order, because it tries to execute the order as a limit order.

I saw that you can input you % risk for each trade when you enter a trade, and it automatically shows the $ amount risked based on your account size, already implemented i think. For a more advanced automatic thing you would need to write a little script probably.