C Trader: Overview and Advantages

CTrader is a new forex platform by London-based Company, cTrader Limited. It has been custom designed for ECN brokers. Fidelis Capital Markets is going to launch CTrader as an added advantage to trade in forex.

The cTrader platform serves two functions: firstly, execution of trades, and secondly, charting. Visually, cTrader is clean and attractive - it has an uncluttered layout that is easy on the eye. The designers have gone to great efforts to ensure that the entire platform is intuitive to use. It consists of some unique features which makes it as one of the best trading platform in forex market. I will discuss a few of them below:

1.    Favourites: One function that makes order entry much easier is the Favourites column – You can easily switch to a list of your favourite currency pairs that you have chosen and trade the currency pairs that you have favoured. You can have as many favourites as you wish.

2.    Charting: The charting tools are thorough and are easy to grasp.
cTrader has multi-chart and single-chart modes. You can view multiple charts tiled neatly beside each other or have the chart area filled with just one chart and toggle between different charts. You can also detach any chart to its own separate window outside of the platform. This is very neat especially because on Windows the detached chart creates its own tab on the Taskbar at the bottom.

3.    Feedback: This is the unique feature which is not found on any other trading platform. Ctrader want to constantly receive your valuable feedback, which helps them to know what you want and expect from the platform. With your help they are constantly getting better.

4.    Market Snapshot: It displays the snapshot of Time, Date, Price, Open, High, Low, Close, and Volume. The Market Snapshot tool will also show indicator values when indicators are placed on the chart, and can be used in indicator windows to show indicator values for any point on the chart.

5.    Chart Shot: Chart Shots is a quick and easy way to share snapshots of your charts in just a couple of clicks.

6.    Live Trading: Currently cTrader is only available with one broker and Fidelis Capital Markets is going to be the second ECN broker who will provide the Ctrader platform soon. So your assessment of cTrader has to take into account an assessment of Fidelis Capital Markets.

Summary

In terms of performance, the cTrader platform is like a Ferrari. It may not have cup holders or a place for your golf clubs such as a Bentley, but it is designed for speed and execution which it does extremely well. In terms of design, it is like an Apple product – clean and intuitive. I began using cTrader for the purposes of testing it for this review. But I found the platform so very good to use that I have decided to continue using it for my own live trading indefinitely.