The best cTrader Forex brokers are Pepperstone, IC Markets, Fusion Markets, and FxPro.
To choose the best cTrader Forex broker to trade, availability and features of cTrader platforms, trading costs (spreads and commissions), minimum deposit, execution speed, and customer support are the most important criteria.
Pepperstone is the best cTrader Forex broker overall for spreads (0.1 pips on EUR/USD and a trading commission of $6 on cTrader per lot per round turn), a minimum deposit of $0, fast execution (average 30 ms), and active customer support (24/5 availability).
IC Markets, Fusion Markets and FxPro follow Pepperstone as the best cTrader Forex brokers with the possibility to use MT5 trading platform for desktop, web and mobile trading, minimum deposit ($0 for IC Markets, $0 for Fusion Markets and $100 for FxPro) and customer support (24/5 availability via phone, email, and chat). IC Markets offers trading costs with spread from 0.1 pips along a commission of $7 per lot round turn on EUR/USD with an execution speed of 36.5 ms approximately. Fusion Markets offers spreads as low as 0 pips on EUR/USD, with a fee of $9 per lot and a high execution speed. FxPro offers trading costs with fixed spreads from 1.6 pips on EUR/USD with a high execution speed.
What are the best cTrader forex brokers?
Below our curated list of the best cTrader brokers for forex trading, complete with detailed information about their standout features and qualities.
(74-89% of retail CFD accounts lose money)
Pepperstone
best cTrader broker overall
Pepperstone offers the cTrader platform on desktop, mobile, and webtrader. Pepperstone requires a $0 minimum deposit. Pepperstone provides over 90 forex pairs with low spreads. Pepperstone suits scalping due to low fees and efficient ECN execution.
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About Pepperstone
Pepperstone is a global forex and CFD broker founded in 2010 in Melbourne, Australia. Pepperstone offers trading on currencies, commodities, indices, stocks, and cryptocurrencies through MetaTrader and cTrader platforms. Pepperstone is regulated by multiple authorities including ASIC, FCA, and CySEC. Pepperstone is known for competitive spreads, fast execution, and extensive educational resources. Pepperstone serves clients in over 160 countries worldwide. The Pepperstone CEO is Tamas Szabo.
Pepperstone Features
The features of Pepperstone are listed below.
- Pepperstone offers the cTrader platform via desktop, mobile, and webtrader.
- To open either type of cTrader account with Pepperstone, a $0 minimum deposit is required.
- With Pepperstone, more than 90 forex pairs can be traded on cTrader, with spreads as low as 0 pips.
- The cTrader with Pepperstone lends itself well to scalping due to low fees and efficient ECN execution.
Pepperstone Pros and Cons
Advantages of Pepperstone
The advantages of Pepperstone are listed below.
- Stable raw spreads (0,10 pips on EUR/USD on average)
- Caters for algorithmic trading
- Has won over 30 Forex industry awards
Disadvantages of Pepperstone
The disadvantages of Pepperstone are listed below.
- The demo account is not unlimited
IC Markets
lowest cTrader forex commissions
IC Markets provides cTrader on desktop, mobile, and webtrader. IC Markets offers three account types. IC Markets supports only Raw Spread account for cTrader. IC Markets charges a fixed fee per lot without spread mark-ups.
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About IC Markets
IC Markets is a global forex and CFD broker founded in 2007 and based in Sydney, Australia. IC Markets offers trading on over 2,250 instruments including currencies, commodities, indices, stocks, and cryptocurrencies. IC Markets provides MetaTrader 4, MetaTrader 5, and cTrader platforms. IC Markets is regulated by multiple authorities including ASIC and CySEC. IC Markets is known for its ECN execution model and low spreads. The IC Markets CEO is Andrew Budzinski.
IC Markets Features
The features of IC Markets are listed below.
- At IC Markets you can use cTrader via desktop, mobile, and webtrader.
- IC Markets offers three account types, but only one (the Raw Spread account) supports cTrader.
- On the Raw Spread cTrader account, IC Markets does not charge mark-ups on the spread but charges a fixed fee of US$7 per lot traded.
- On IC Markets, over 60 forex pairs can be traded on cTrader.
IC Markets Pros and Cons
Advantages of IC Markets
The advantages of IC Markets are listed below.
- Low-latency trading environment
- Institutional level liquidity
- MT4, MT5, cTrader platforms are all available
Disadvantages of IC Markets
The disadvantages of IC Markets are listed below.
- Small amount of educational tools for new traders
- Small range of tradable assets compared to other CFD/Forex brokers
Fusion Markets
fast cTrader forex order execution
Fusion Markets provides cTrader for desktop, mobile, and webtrader. Fusion Markets executes orders fast. Fusion Markets offers over 90 forex pairs. Fusion Markets allows raw spread trading with a $5 commission per lot. Fusion Markets requires no minimum deposit.
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About Fusion Markets
Fusion Markets is an Australian-based forex and CFD broker founded in 2019. Fusion Markets offers trading on over 90 currency pairs, stocks, indices, commodities, and cryptocurrencies. Fusion Markets provides MetaTrader 4, MetaTrader 5, and cTrader platforms. Fusion Markets is regulated by ASIC and VFSC. Fusion Markets is known for low trading costs, no minimum deposit, and copy trading services. The Fusion Markets CEO is Phil Horner.
Fusion Markets Features
The features of Fusion Markets are listed below.
- The cTrader platform on Fusion Markets is available on desktop, mobile and on the browser as webtrader.
- Fusion Markets is known to offer a fast order execution, meaning that you can get the most out of the cTrader platform.
- At Fusion Markets you can trade over 90 forex pairs.
- Fusion Markets offers raw spread trading, but charges a volume-based commission of 5$/lot.
- At Fusion Markets there’s no minimum deposit in place.
Fusion Markets Pros and Cons
Advantages of Fusion Markets
The advantages of Fusion Markets are listed below.
- Low Trading Costs
- Zero Spread Accounts
- Excellent Customer Support
Disadvantages of Fusion Markets
The disadvantages of Fusion Markets are listed below.
- Limited Product Selection
- Basic Educational Resources
FxPro
most flexible cTrader broker
FxPro provides cTrader on Desktop, webtrader, and mobile. FxPro offers over 70 forex pairs with low spreads. FxPro charges a $7 commission per forex lot. FxPro ensures NDD execution. FxPro requires a $100 minimum deposit.
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About FxPro
FxPro is a global online broker founded in 2006, offering trading on forex, CFDs, stocks, indices, commodities, and cryptocurrencies. FxPro provides multiple trading platforms including MetaTrader 4, MetaTrader 5, cTrader, and its proprietary FxPro Platform. FxPro is regulated by multiple authorities including FCA, CySEC, SCB, FSC and KNN. FxPro serves clients in over 170 countries and has won numerous industry awards. The FxPro CEO is Charalambos Psimolophitis.
FxPro Features
The features of FxPro are listed below.
- FxPro offers cTrader on Desktop, webtrader and mobile.
- On cTrader FxPro offers over 70 forex pairs with spreads as low as 0 pips.
- FxPro charges a fixed commission of $7 for each forex lot traded.
- On the cTrader platform the execution offered by Fxpro is NDD.
- FxPro’s minimum deposit to open a cTrader account is $100.
FxPro Pros and Cons
Advantages of FxPro
The advantages of FxPro are listed below.
- Regulated and Trusted Forex broker
- Diverse Trading Platforms
- Wide Range of Instruments
Disadvantages of FxPro
The disadvantages of FxPro are listed below.
- Inactivity Fee
- Limited Educational Resources
- No Guaranteed Stop-Loss Orders
Axiory
good range of cTrader accounts
Axiory provides cTrader on desktop, mobile, and web. Axiory offers three account types. Axiory allows minimum deposits from $10. Axiory provides trading over 60 forex pairs with competitive spreads.
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About Axiory
Axiory is a global online broker founded in 2012, offering trading on forex, CFDs, stocks, indices, commodities, and cryptocurrencies. Axiory provides MetaTrader 4, MetaTrader 5, and cTrader platforms. Axiory is regulated by the International Financial Services Commission (IFSC) of Belize. Axiory is known for competitive spreads, fast execution, and extensive educational resources. Axiory offers various account types including ECN accounts. The CEO of Axiory is Roberto d’Ambrosio.
Axiory Features
The features of Axiory are listed below.
- Axiory offers cTrader on multiple devices: desktop, mobile, and web.
- There are three cTrader Axiory accounts to choose from including Nano, Standard, and Max.
- The minimum deposit to open a cTrader account with Axiory starts from $10.
- With Axiory traders can trade over 60 forex pairs with spreads from 0 pips.
Axiory Pros and Cons
Advantages of Axiory
The advantages of Axiory are listed below.
- Competitive Spreads
- Diverse Account Types
- Robust Educational Resources
Disadvantages of Axiory
The disadvantages of Axiory are listed below.
- Limited Regulation
- High Inactivity Fees
- Withdrawal Fees
Fibo Group
best for professional traders
Fibo Group offers cTrader for non-EU clients under FSC regulation. Fibo Group supports over 40 forex pairs with low spreads. Fibo Group allows a minimum deposit of $50. Fibo Group provides cTrader Copy for copy trading.
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About Fibo Group
FIBO Group is one of the oldest brokers, offering forex and CFD trading since 1998. FIBO Group provides various trading platforms including MetaTrader 4, MetaTrader 5, and cTrader, and is regulated by the Financial Services Commission (FSC). FIBO Group has offices across Europe, Central, and East Asia, and offers multi-language support, along with various deposit and withdrawal options.
Fibo Group Features
The features of Fibo Group are listed below.
- Fibo Group offers the cTrader platform, but only for clients operating outside the European Union under the FSC branch of the broker.
- More than 40 forex pairs can be traded on cTrader with low spreads.
- Fibo Group’s minimum deposit is $50.
- Fibo Group’s cTrader can be either downloaded to desktop or used on webtrader.
- Fibo Group also provides a copy trading system on cTrader, namely cTrader Copy.
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Fibo Group migth be considered the best option for experienced traders
Fibo Group Pros and Cons
Advantages of Fibo Group
The advantages of Fibo Group are listed below.
- Multiple Trading Platforms
- 24/7 Customer Support
- Global Regulation
Disadvantages of Fibo Group
The disadvantages of Fibo Group are listed below.
- PAMM Withdrawal Fees
- Limited Promotions
- High Initial Deposits
Roboforex
best for cAlgo trading
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About Roboforex
RoboForex is a global forex and CFD broker founded in 2009, offering trading on currencies, stocks, indices, commodities, and cryptocurrencies. RoboForex provides MetaTrader 4, MetaTrader 5, and proprietary platforms. RoboForex is regulated by the Financial Services Commission (FSC) of Belize. RoboForex is known for competitive spreads, extensive educational resources, and multiple account types. RoboForex serves over 4.5 million clients worldwide. The RoboForex CEO is Andrei Dziarnovich.
Roboforex Features
The features of Roboforex are listed below.
- RoboForex provides cTrader as a trading platform.
- RoboForex’s European subsidiary, RoboMarkets, does not offer cTrader.
- RoboForex offers very high leverage up to 1:1000, and a large number of account types compatible with cTrader.
- The minimum deposit on RoboForex is $10.
- Over 35 forex pairs can be traded on RoboForex’s cTrader with spreads as low as 0 pips.
Roboforex Pros and Cons
Advantages of Roboforex
The advantages of Roboforex are listed below.
- Diverse Trading Platforms
- Wide Range of Instruments
- Low Minimum Deposit
Disadvantages of Roboforex
The disadvantages of Roboforex are listed below.
- Limited Educational Resources
- Higher Spreads on Some Accounts
- Regulatory Concerns
Fondex
best cTrader educational materials
Fondex offers cTrader via desktop and browser. Fondex requires a $250 minimum deposit. Fondex provides over 40 forex pairs with low spreads. Fondex ensures direct market access on cTrader.
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About Fondex
Fondex is a Cyprus-based online broker established in 2011, offering trading on over 1000 instruments including forex, stocks, indices, commodities, and cryptocurrencies. Fondex provides the cTrader platform with features like copy trading and automated trading bots. Fondex is regulated by CySEC and known for low spreads starting from 0.0 pips. Fondex offers a single commission-free account type with no minimum deposit. The Fondex CEO is Alex Katsaros.
Fondex Features
The features of Fondex are listed below.
- Fondex offers cTrader via desktop and browser.
- The minimum deposit to open a cTrader account is $250.
- Fondex offers over 40 forex pairs with spreads as low as 0 pips.
Fondex Pros and Cons
Advantages of Fondex
The advantages of Fondex are listed below.
- Wide Range of Assets
- No Minimum Deposit
- Unique cTrader Platform
Disadvantages of Fondex
The disadvantages of Fondex are listed below.
- Limited to CFDs
- Does Not Accept US Clients
- Inadequate Investor Education
What are the cTrader Characteristics?
The cTrader platform has extremely lightweight software which makes 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 that are unusual on other platforms (for instance 1 to 34 tick charts, minutes charts for 2, 3, 4, and 45 minutes).
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.
Why are cTrader brokers the best for scalpers?
The cTrader platform is one of the fastest trading platforms in terms of order execution. Additionally, cTrader users can turn on the market depth, which allows scalpers to have an insight on the market liquidity by knowing the amount of currency bought and sold at a certain date and time.
This, added to the fact that is usually offered by brokers with low spreads, makes it a great platform for scalping and day trading in general.
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, especially if you pair it with a broker with high leverage.
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.
Does cTrader allow EAs and custom indicators?
cTrader allows traders to create, download and install both custom indicators and EAs for automated trading.
Compared to other trading platforms such as MT4 and MT5, cTrader is less flexible when it comes to coding new EAs. First of all, in order to code EAs, the traders must know the cAlgo coding language which is totally different from the MQL4 or the MQL5 languages.
Additionally, the code may not allow traders to retrieve data directly from the trading platform, such as the execution time of trades.
However, looking at the bigger picture, the cTrader trading platform is still a good alternative for algo trading, especially for scalpers and traders who execute trading strategies that rely on the market liquidity.