Spotware Deploys Social Trading Service, cTrader Copy
- As the topic of trader profitability is becoming more and more popular, social trading appears to be useful

Social trading is regaining popularity as the new EU regulatory framework bites. As demonstrated by the filings of brokers, the profitability of retail clients appears to be different at brokers who are providing a social aspect to their clients.
Companies such as Darwinex and eToro stand out among brokers with a relatively high level of winning clients. Today, one of the big Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. Read this Term providers in the industry is contributing with a new product suite designed to enter the space.
From cMirror to cTrader Copy
Spotware has announced the deployment of cTrader Copy, a software product that is replacing cMirror. The feature is fully integrated within the trading platform and is a flexible investment program.
Spotware has also improved the copying model and revamped it with a new fees structure. The changes are designed to attract more Strategy Providers and Investors.
“We believe the flexibility of the solution and its revamped model will have a great success among any type of traders,” commented Panagiotis Charalampous, Head of Community Management at Spotware.
Simplifying Copy Trading
The new interface is enabling followers to quickly select and change active trading strategies. The system is recalculating and adjusting the copied volume according to the Strategy Provider’s and Investor’s Equity. It also takes into account any allocated amount changes due to the deposits and withdrawals of both parties.
Every followed strategy is now separated into a field called “Copy Trading Accounts”. Investors can predefine an Equity Stop Loss per strategy. Increasing or decreasing funds allocated to the particular strategy is straightforward. The fees are also now calculated for each copy trading account independently.
To the benefit of system providers, aside from Volume Based Commissions, they can now charge performance fees when a certain returns threshold is reached and management fees in annual percentage of an investors’ equity.
Setting a minimum investment amount also allows strategy providers to have a meaningful return.
All the data is presented in the newly redesigned dashboard with extended Advanced Analytics per Strategy Profile providing Investors with rich insights on performance and behavior of each strategy.
Social trading is regaining popularity as the new EU regulatory framework bites. As demonstrated by the filings of brokers, the profitability of retail clients appears to be different at brokers who are providing a social aspect to their clients.
Companies such as Darwinex and eToro stand out among brokers with a relatively high level of winning clients. Today, one of the big Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. Read this Term providers in the industry is contributing with a new product suite designed to enter the space.
From cMirror to cTrader Copy
Spotware has announced the deployment of cTrader Copy, a software product that is replacing cMirror. The feature is fully integrated within the trading platform and is a flexible investment program.
Spotware has also improved the copying model and revamped it with a new fees structure. The changes are designed to attract more Strategy Providers and Investors.
“We believe the flexibility of the solution and its revamped model will have a great success among any type of traders,” commented Panagiotis Charalampous, Head of Community Management at Spotware.
Simplifying Copy Trading
The new interface is enabling followers to quickly select and change active trading strategies. The system is recalculating and adjusting the copied volume according to the Strategy Provider’s and Investor’s Equity. It also takes into account any allocated amount changes due to the deposits and withdrawals of both parties.
Every followed strategy is now separated into a field called “Copy Trading Accounts”. Investors can predefine an Equity Stop Loss per strategy. Increasing or decreasing funds allocated to the particular strategy is straightforward. The fees are also now calculated for each copy trading account independently.
To the benefit of system providers, aside from Volume Based Commissions, they can now charge performance fees when a certain returns threshold is reached and management fees in annual percentage of an investors’ equity.
Setting a minimum investment amount also allows strategy providers to have a meaningful return.
All the data is presented in the newly redesigned dashboard with extended Advanced Analytics per Strategy Profile providing Investors with rich insights on performance and behavior of each strategy.