Spotware Systems, a trading solutions provider for the FX/CFD market, has released version 5.0.22 of its cTrader desktop application. This latest update introduces a new feature and addresses several issues to enhance user experience and overall performance.

cTrader Desktop 5.0.22 Update Introduces Shared Access and Bug Fixes

The most notable addition in cTrader Desktop 5.0.22 is the introduction of “Shared Access” for branded cTrader applications. This feature allows users to grant access to their trading accounts to other individuals, including money managers, enabling more efficient account management. Until now, this feature was only available from the web version of cTrader, but now it is also available in the desktop application.

“Money managers and other partners have found it difficult to execute remote access to individual accounts for the purpose of manual or automated trading on behalf of a third party,” the company commented. “To resolve these issues, cTrader offers a built-in shared access feature.”

Partners can now manage investors' accounts seamlessly.Switch between accounts, trade on their behalf, and set your commissions safely ✨ #cTrader #TradingApp #MoneyManagement #InvestSmart #FinancialFreedom #TradeWithConfidence #spotware pic.twitter.com/B5wPwwA4dk

— cTrader (@cTrader) April 15, 2024

Alongside the Shared Access feature, the cTrader team has focused on resolving various bugs and optimizing the platform's performance. The update addresses issues such as backtesting performance degradation, incorrect resizing of StackPanel elements, and optimization restarts when changing symbols, timeframes, or parameters.

Furthermore, the release fixes the disabled state of cBots icons, ensuring that users can easily identify and interact with their automated trading systems. The Stop All button functionality has also been improved, and instances that were previously hidden due to search results are now correctly stopped.

In addition to the mentioned improvements, cTrader Desktop 5.0.22 includes minor enhancements and optimizations that aim to elevate the overall user experience and performance of the platform. The full list can be found on cTrader’s official forum.

MetaQuotes, a leader in retail trading platforms, including CFDs, also presented a new beta version of its MetaTrader 5 application today (Monday). MetaTrader 5 Beta Build 4330 mainly focuses on providing more functionalities to algorithmic traders and developers.

Hires, Updates and Prop Trading Move

Spotware Systems has recently made significant changes to its leadership team. In late April, the company announced the appointment of Elena Kupriianova as its new Chief Marketing Officer (CMO). Kupriianova brings a wealth of experience to the role, having previously held senior marketing positions at several prominent organizations, including her most recent stint as CMO at Soula, a freelance platform.

However, as Spotware welcomes Kupriianova, it also bids farewell to Andrew Mreana, who has served as the company's Head of Growth for the past ten months. Mreana announced his resignation from the company a month ago, marking the end of his short tenure.

In other news, Spotware has been making strides in the prop trading community, particularly after the recent MetaTrader’s licenses controversy. The company's cTrader platform has gained recognition among prop trading firms, with The Funded Trader (TFT) and MyFundedFX (MFF) announcing their integration with the Spotware solution in March.

In late 2023, cTrader presented the desktop version of its app for Mac. This native trading application, designed specifically for macOS, features built-in algorithmic trading capabilities, providing users with a powerful and intuitive trading experience on their Apple computers.