BrightFunded has partnered with Spotware, the developer of the cTrader platform. The partnership allows BrightFunded to offer cTrader to its traders. This move is part of BrightFunded’s plan to improve its trading platform.

Meanwhile, Spotware has expanded its presence in Asia by opening a new office in Kuala Lumpur, Malaysia. The company has set up a team dedicated to business development, sales, and marketing. The goal is to support brokers, proprietary trading firms, and traders across the region.

The expansion comes as Malaysia continues to emerge as an attractive hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method Read this Term for retail brokerage operations, positioned strategically near Singapore's established financial center.

cTrader Joins BrightFunded Platform Offering

“From a business standpoint, cTrader’s transparency, intuitive design and exceptional support make it the ideal platform for our needs. Communication is vital in prop trading, and cTrader’s efficiency ensures we can deliver a smooth, frictionless trading experience for our traders,” Jele Dijkstra, CEO of BrightFunded, commented.

BrightFunded is a proprietary trading firm. It gives traders access to more than 150 instruments. These include over 40 crypto pairs. The company claims to use in-house technology to support its trading services. It offers its platform to traders at different skill levels. The aim is to create a system that works smoothly and meets trading needs across the board.

With the integration of cTrader, BrightFunded adds a new platform option. cTrader is used by several prop trading firms. It is known for 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, a wide set of tools, and a transparent trading environment.

You may want to read at financemagnates.com: Spotware Releases cBroker v9.4 Back-Office Solution for Brokers After cTrader 5.1 Update.

Spotware's cTrader Brings Key Features

The cTrader platform supports 23 languages and works on web, desktop, Mac, iOS, and Android. It offers six chart types, five ways to build charts, and more than 70 indicators. It also includes features such as Quick Trade and Advanced Order Protection, including server-side trailing stops.

cTrader also provides an Open API. This allows traders and firms to create their own applications and platform extensions. Trade receipts include detailed information about each order.

“This partnership is another step toward redefining the industry standard, ensuring traders have access to a secure, transparent and professional trading environment where they can not only thrive, but excel,” concluded Michael Quirk, Commercial Director, Spotware.