cTrader is one another popular trading platform developed by “Spotware”.
It is totally a different application with different program language from “MetaTrader”.
Along with recent big updates on its trading platform, Spotware has also mentioned that the company is now looking to add “Swap-Free” option to the platform.
“Swap-Free” accounts are used by Islamic Traders who cannot receive extra profits(interest) due to the Shariah law.
If this improvement is made, Spotware will have more larger market to acquire clients
Difference between cTrader and MetaTrader4
There are several popular trading platforms in the world and MetaTrader4 and cTrader have been known as the most popular platforms.
You may be familiar with the MetaTrader series, but some of you may have not used the cTrader yet.
There are mainly two big difference between cTrader and MetaTrader4.
In terms of usability
MetaTrader4 can be categorized as a more classic platform as in you will need to customize the platform and other usability by yourself comparing to cTrader.
You can use the MT4 as default though, you can also change settings for your orders and screens. And it might be a bit difficult tusk for traders who are not used to computers and programs.
On the other hand, cTrader has got everything set for you already, and you wouldn’t need to change settings of orders or other usability, or maybe you cannot change many things.
There are many traders who choose cTrader because it is easy to use and customize.
ECN or OTC
You can not confirm if MT4 Broker is a complete OTC(Over the Counter) model, because there are some ECN(Electronic Communication Network)/STP(Straight Through Processing) model too.
But with cTrader, you can make sure that you are trading a complete ECN traing environment where No Market-Making, No Price Manipulation and No Interference are guaranteed.
cTrader system does not allow Market Making activity at all, so it is one thing you do not need to worry about.
If you are interested in cTrader Trading Platform, please visit the FxPro Official Website. The Broker offers MT4, MT5 and cTrader and you can compare all the platforms.