Spotware Systems Expands cTrader Into LATAM Prop Trading via TFunded Deal

Spotware Systems said today (Wednesday) it has signed a technology agreement with TFunded, a small prop firm targeting retail traders across Latin America, making cTrader the platform of choice for TFunded's clients on mobile, desktop and web.

The deal adds TFunded to cTrader's growing roster of prop firm integrations. The platform now serves more than 300 brokers and prop firms globally, according to Spotware, and claims a user base of over 11 million traders.

Prop Firms Keep Migrating to cTrader

Spotware has been adding prop firms to its network at a steady pace. FunderPro previously integrated cTrader into its offering, while UK-based OneFunded also came onto the platform more recently.

• TTT Markets Declares 200 Demo Sign-Ups in a Day: So Why Aren't More Prop Firms Doing This?
• "Constantly Showing Double-Digit Growth": Why MENA Is Prop Trading's Most Wanted Market
• "Nobody Knew Prop Trading": Fintokei Declares $15M in Payouts as It Marks Three Years in Japan

TFunded structures its product around a two-phase evaluation process. Traders who meet defined risk and performance criteria qualify for a funded account, and the firm says those traders can retain up to 90% of generated profits. Binvank, a LATAM-focused brokerage, provides execution infrastructure for the operation.

LATAM Becomes a Target for Prop Trading Expansion

Latin America has drawn increased attention from prop firms looking for retail trader populations that lack easy access to institutional capital, a pitch TFunded's management leans on directly.

"At TFunded, our mission is to professionalize access to capital for LATAM traders," said Pablo Vargas, the firm's COO. "We believe talent exists everywhere, but capital access does not. By combining strict risk parameters, transparent evaluation standards and institutional-grade technology through cTrader, we are creating a structured pathway for traders to operate at a higher professional level."

Vargas added that TFunded's arrangement with Binvank is central to the overall setup, saying the brokerage partnership provides "reliable execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term infrastructure, operational transparency and a more integrated capital management experience for traders across the region."

Trust Issues Hang Over the Wider Prop Sector

The prop trading industry has faced mounting scrutiny in recent years. Italy's securities regulator Consob has previously warned consumers that retail prop trading challenges can result in financial losses, describing them as online trading simulations, a characterization at odds with the way most firms in the sector market their products.

Spotware says it tries to address that credibility gap through its vetting process. The company applies what it describes as a strict KYC review and says it works only with prop firms that meet its reliability standards, whether as cTrader clients or as listings on the cTrader Store. That marketplace, which Spotware says draws more than 10,000 daily visitors, features a dedicated section for prop challenges where traders can compare evaluation criteria, drawdown limits, profit splits and pricing.

Yiota Hadjilouka, COO of Spotware Systems, said the TFunded agreement fits within that framework. "TFunded is building an environment where clear risk management and operational transparency are central, which closely reflects Traders First approach," she said, adding that "supporting traders of all experience levels, the partnership with cTrader sets a higher benchmark for trading standards and ethical practices across the region."

Mobile Becomes the Entry Point for LATAM Traders

Spotware is positioning cTrader's mobile application as a key draw for TFunded's trader base. The company says cTrader Mobile recently received a Best Mobile Trading App award and is available across global app stores. For Latin America, where smartphone access is widespread and many retail traders rely on mobile as their primary point of market access, the distribution channel carries practical weight.

Beyond mobile, cTrader supports more than 100 third-party FX and CFD integrations through APIs and plugins, according to Spotware, and allows firms to build custom functionality through UI add-ons. Recently, Brokeree Solutions has integrated prop trading tools into cTrader.