FP Markets, an online financial trading services provider, has expanded its suite of retail trading platforms. The existing software offering from MetaQuotes has been complemented by Spotware Systems' flagship tool, cTrader.

FP Markets Adds cTrader

With its customizable interface, advanced charting capabilities, and a broad selection of technical indicators, the FP Markets cTrader Trading Platform offers a one-of-a-kind trading experience to both novice and experienced traders. It enables traders to hedge, scalp, and use automated or manual trading strategies while providing fast 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 speeds.

FP Markets has been in the retail trading business for 18 years and offers more than 10,000 different contracts for difference (CFDs) products. According to Craig Allison, the FP Markets Chief Executive Officer, the cTrader addition will allow the broker to offer clients "the choice to shape their trading experience further."

"FP Markets is committed to constantly improving its forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term offering and adding cTrader to our wide-range of trading platforms is testament to this. Our market share swings towards the more sophisticated segment of traders and we have been inundated with requests for an additional platform with more institutional-style characteristics," Allison added.

According to a study conducted by Finance Magnates Intelligence last year, cTrader is one of the most popular alternatives to MetaQuotes. In the survey, in which traders answered what they would choose instead of MetaTrader 4 or 5, 53% of respondents pointed to the Spotware Systems platform, 27% chose Match-Trader, 12% chose Leverate, and 8% chose X Open Hub.

FP Markets was recently included in a list of the top 10 brokers in Australia published by Finance Magnates. Opening a trading account requires only AUD 100, but for those who are still new to trading, opening a demo account is also simple and straightforward. This allows you to gain insight into what's happening "under the hood" and learn the ropes before diving into live trading.

Important Upgrades in cTrader

FP Markets clients will now be able to take advantage of the expanded functionality of the cTrader platform, which has made several significant updates in recent months. In addition, the company has started investing in upgrading its infrastructure to meet the higher demand for cTrader among brokers.

Two weeks ago, Spotware Systems presented Chart Streams feature in the cTrader Web app. With the Chart Streams feature, users can share their technical analysis with their audience 24/7 simply by sending a link. Even those who are not registered in cTrader can view a Chart Stream in guest mode.

In December 2022, the company introduced copy trading feature to CTrader Desktop. The update means that cTrader users can now access "a thousand strategies" and "intellectual filtering and one-click copy trading start." Previously, this feature was only available on cTrader Web and Mobile.

Moreover, the mobile version of the app got an update recently. Its latest release includes a shared account feature.

New Hires in FP Markets

Recently, the retail trading broker informed about two new executives joining its ranks. The company has picked Richmond Zalavarria, the former Senior Business Development Manager at IronFX, as the company's Head of Business Development and Sales. In his new role, Zalavarria is responsible for the company's overall operations related to its Sales and Business Development Department.

In the meantime, Mario Ivaylov has been appointed as the Team Leader of Trading Systems. After serving as Senior Customer Service Officer at NAGA for nine months in Limassol, Cyprus, he joined FP markets. Before that, he worked as Senior Customer Support at IC Markets from 2019 to 2021 and held the position of Customer Support Specialist at ProgressPlay for over a year.