Why is it that increasingly more users are interested in the famous cTrader platform and are looking for the best cTrader forex brokers?
The trading world is evolving, and the tools and platforms to try and profit off the market are growing alongside it. The cTrader platform is a prime example of this evolution.
The distinguishing features of cTrader, which we will later see, have the great advantage of making the trader feel an intimate and direct connection to the markets. These elements make a huge difference for market traders, even more for those individuals who have a highly speculative approach to trading.
The features of this platform have made it one of the favourite choices among ECN/STP forex brokers, an icon right next to MetaTrader.
Best cTrader Forex Brokers List 2020
As traders, we firstly want to congratulate Spotware, the company developing cTrader.
This piece of software is light, stable, versatile, and extremely fast. As opposed to other evolved trading platforms, cTrader has always fared well on all the computers we’ve tried it on. It’s quick and easy to install and use, and has never raised any compatibility issues with pre-existing software.
However, to make the best of all the potentialities cTrader has to offer, we need a great broker.
Here is a complete list of the best forex brokers supporting the cTrader platform.
(This post is part of the best forex platforms series)
Operating since 2010, this is a relatively young broker, but it has quickly become one of the best forex brokers in Australia (and in the world), as the many awarded prizes can confirm, and it is widely appreciated by Asian investors and traders. Pepperstone is one of the few forex brokers who offer DMA (Direct Market Access) implementation, besides an ECN access through cTrader. This offering is well-trusted by almost all forex traders since the broker is very well-regulated by both the FCA and ASIC.
Trading with Pepperstone you can take the opportunity to open either a Pepperstone Razor account, or a standard account. Bothe will present you with a wide range of options for the required $200 minimum deposit. With the Razor account in particular, your spreads should remain very low, starting from 0 pips on forex markets. There is also an Active Trader program in place that helps further reduce trading cost.
2. IC Markets
One of the fastest growing forex brokers in Australia. IC Markets is an ECN broker, with headquarters in Sydney, with operating offices all over the world, including in Vietnam and China. It is considered among the 10 most important forex brokers in the world. Some of its strengths are its high leverage ratios, low spreads, no commission on withdrawals, the number of available trading platforms (which include cTrader), and the great customer service. As a top forex broker they are also comprehensively regulated by both ASIC and CySEC, two of the foremost authorities in the industry.
They offer you both a standard and a raw account as a forex trader and both of these account types are available with no minimum deposit to consider. This keeps forex trading accessible to all, and the very low spreads starting from 0 pip on the raw spread account are another reason why IC Markets are considered a top broker for forex trading.
3. Fibo Group
This broker has been operating since 1998, with offices all over the world, and offers customer support in many languages: Russian, English, Persian, German, Italian, Spanish, Indonesian, Portuguese, and French. This is a larger sized broker, and one of the oldest players in the markets. They offer up to 8,000 stocks, ETF, CFD, Forex, and metals. Fibo Group also offers several account types, some of which are really competitive, offering the possibility to configure the account based on your own trading style. They are based in Vienna, Austria and are very well-regulated by both CySEC in Europe, and the FSC.
The fast STP execution of trades through this ECN broker can be a majorly attractive factor in enticing traders to open an account, as is the presence of cTrader, though you should note this platform is available only outside the EU to Fibo Group traders. Every account type has a very available $50 minimum deposit, and once you are trading you will find that spreads also start from a highly competitive 0 pips.
Despite what the name might suggest, this broker does not provide automated trading services but addresses private individuals and businesses through a range of Forex trading services, ECN business accounts (via cTrader), business accounts, really high leverage ratios (1000 : 1), and extremely interesting Cent (cents) Accounts, suitable for anyone wishing to learn. RoboForex offers over 200 negotiable assets and several trading platforms to work with. Service is available in English, Indonesian, Malay, Russian and Chinese from this CySEC and IFSC regulated broker.
Trading through with this ECN STP broker is made even more attractive by the $10 minimum deposit on an ECN cTrader account and a spread that starts from just 0 pips. You may also benefit from a deposit bonus if you are outside the EU, or an Active trader program if you are trading from inside.
Operating since 2011, OctaFx does not currently accept US customers. It has been recognized as the “Best ECN Broker in Asia – 2014” by the Global Banking and Finance Review and has been awarded the “Best Broker Central Asia – 2014” by Forex Report Magazine. OctaFx allows trading of the major currency pairs, along with gold and silver. The trading competitions, made using their demo accounts, are extremely interesting, as they involve potential cash prizes. Their 50% deposit bonus is also quite appealing to many traders.
The Estonian based broker is well-recognized as a top ECN broker in the sector and continues to make forex trading accessible with a low minimum deposit of $100. If you do open their cTrader ECN account, you can look forward trading in 28 currency pairs and with a great spread starting from 0 pips.
Fondex is an EU broker that is based in Cyprus and has been operating in the sector since 2010. They are a brand name of Top FX Ltd and are also known as Kawase, meaning “exchange” in Japanese. They have fast built a trusted reputation in the industry and this has been well backed by their CySEC regulation that inspires trust and confidence from traders. This cTrader ECN STP broker is also well known for its fast and efficient execution speeds.
Here you will find a minimum deposit of $250 in place when you open an account and a very competitive spread that starts from as low as 0 pips with a minimal commission of $2.50 per lot on trading forex in place. Traders will also be glad to find a huge range of more than 1,000 assets available to trade.
Founded in 2004, Tradeview Forex offers its customers (except for American clients) the ability to operate on the forex market. This is where it has decided to focus on, offering training and selling trading tools. The development and sale of tools for Forex trading is a very important element of their business model, as is their delivery of live trading signals. Tradeview Forex claims that their “Grey Box Assisted Trading Software” has a track record with a high percentage of success. Confidence and trust in the broker has been well-established through their thorough regulation coming by way of CIMA.
This ECN/STP broker offers the very fast execution of trades and a good degree of accessibility since the minimum deposit here starts from only $100. Combine this with the competitive spreads on offer and it is easy to see why this broker, with cTrader available as a trading platform, is an increasingly popular choice.
Kimura Trading is the next best cTrader ECN/STP broker to feature on our listing. They are based in, and regulated by the authorities in Malta through the MFSA regulatory body. This body also has a number of stringent requirements of brokers so this has helped Kimura build up its reputation in the trading community. The cTrader trading platform being available here through Webtrader has also helped to bolster the popularity of this forex trading broker.
Through this platform and the trading options available with Kimura, you will have access to a wide range of markets in forex, commodities, energies, cryptocurrency, and indices trading. This includes a huge range of forex currency markets coming in at more than 100. The fact they also have no minimum deposit requirement in place is something that helps to attract new traders to this broker.
Founded in 2009, but not regulated by the NFA (therefore it does not accept US traders), FxPig offers over 40 types of Forex pairs. The company is particularly proud of its customer support team, available 24h during the trading week via phone, email, skype, and live chat. Despite the strange name, their staff is constantly trained and ready to make every effort to assist each customer. They are considered a very good cTrader ECN/STP broker so the availability of that trading platform really helps to boost their custom and reputation.
Once you have set up your account with FXPig, you will find a wide range of markets on offer to trade. This includes CFDs trading on energies, metals, and equities and you can get started here for a minimum deposit amount of $500.
10. Trader’s Way
Trader’s Way are last but not least to feature on our listing of the top cTrader ECN/STP brokers the forex trading industry has to offer. They have been established since 2011 and are based in Roseau, Dominica. Through that time period they have been able to establish themselves as a trusted broker with excellent terms for trading on leverage of up to 1000:1 and with cTrader of course providing the very best in trading combined with fast ECN/STP execution.
Here you can open an account for excellent value with just a $10 minimum deposit and you will be treated to a range of markets including forex, commodities, energies, stocks, and crypto. With that said, although they have been established for several years, they are an unregulated broker. Due to that, we would suggest some others on the list as a better first choice.
Top 3 Best UK cTrader Forex Brokers
Are you looking for a specific cTrader broker that is regulated in the UK?
UK brokers that offer cTrader are some of the best out there today, additionally you can benefit from superior service and world-class FCA regulation.
Our top 3 best cTrader brokers for UK are:
Speed and customization
As cTrader has an extremely light software, it is a practical and fast platform. cTrader offers many indicators, and gives you the ability to customize the graphical interface to suit all trading and analysis styles. With cTrader you can use time frames which are unusual on other platforms (for instance 1 to 34 tick charts, minutes charts for 2, 3, 4 and 45 minutes). All customization processes are intuitive, fast and fluid.
cTrader and Market Depth
One of the features that most contributed to the fame of cTrader is the ability to see the depth of a market, a particularly useful feature that has helped it gain popularity among ECN brokers.
By watching the Liquidity Providers Market live and directly interacting with it, we can finally exclude any Dealing Desk intervention from the broker. Finally, a fully transparent trading experience!
cTrader Scalping: speed and intuition in order management
Besides being extremely versatile in order management, cTrader is also one of the fastest platforms in terms of order execution.
Orders can be entered and edited, working directly on the asset chart within which you want to operate. You can quickly double your positions, close them, or open them in the opposite direction, both from the chart and from the Positions section. That’s why cTrader is normally the ideal platform for anyone looking to do scalping.
The platform also offers Advanced Take Profit and Advanced Stop Loss tools, which are useful for managing partial returns (profits or losses) at certain price targets, without the help of other software or the physical presence of the trader.
Automated trading with cTrader and custom indicators
In the age of automated trading, cTrader also offers several opportunities in this sense. It is both possible to work with algorithms to automate trading, and to customize your indicators. Everything is programmable through the cAlgo function.