cTrader Platform Review through FxPro
cTrader was nice enough to give us a LIVE test drive of their new ECN platform through their first client – FxPro – so that we could provide a review for all you fine folks out there in Forex land.
Here is what FxPro lists on their web site as the key features.
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Key Features:
- Interbank spreads
- No restrictions on limit orders
- Flexible leverage from 1:1 to 1:100
- Commission – $30 per $1million traded
- Anonymity – trade ECN forex anonymously at all times
- FxPro cTrader min. trade size: 40,000 units of base currency – no maximum
- Level II pricing (full ECN market depth)
Some interesting things to note from this list is the depth of market pricing, which is great for those traders placing larger orders. You can now get partial fills and see what prices you will be filled at.
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I also found the spreads are very competitive in relation to the other brokers providing ECN pricing, it was better than some shops but not quite as good as others. The execution was quick on the small live orders we were able to place, not a true indication of how they would handle 50 lot positions but it was the best we could do with what we were given. If you are planning on placing large trades test it out on 5 and 10 lot trades before going all out.
The best feature I found was the look of the platform itself, it was very visually appealing and user friendly. The charting is Metatraderesque, very easy to use, with one click orders from the charts, and completely customizable with technical studies and color palettes.
The only turn off for me was the lack of currency pairs, there are 20 pairs to trade but nothing really out of the ordinary you can’t get on any average Metatrader platform. If you are looking for the majors this platform can handle those orders, any exotics however you will need to look elsewhere. I would have to imagine since this is a new offering we will see more added as time goes on.
Overall the platform performed well and this should be a good addition to an expanding product line for FxPro.
Please see the video for the full review.
Hi Jeff, hi Michael!
Thanks for the great review, hope you are as positive about the platform as you sounded! That is really great to hear. A lot more new features are coming to cTrader soon.
Please feel free to shoot us any questions/suggestions at any time at info@xtrader.com or to superfastfeedback@xtrader.com
Thanks again,
Jason at cTrader
If they keep calling it ‘XTrader’ i can see Trading Technologies to go to court about this. Going to court about a patent or another is what appears to be TT’s favourite thing to do.
Nice information man you shared. Generally many of us ignore to see all these things at the same time. But you listed that
Thx, for the review. I like cTrader much more, than MT45. I think it is more developed and give you more tools to operate your funds.
Fxpro provides all tools I need. And I enjoy their Ctrader. Very stable and modern charting platform with market execution. There are no requotes and freezes. Low spreads, starting from 0 pips. User interface is convenient. IMHO, quite responsible broker with good trading conditions.
I agree with you my friend. My working experience with FxPro shows me the same positive stuff. And i can add that slippages are minimal and costumer service support is perfectly polite and helpful. And of course cTrader availability was really big advantage for me.
I have two trading accounts in FxPro. First I opened in 2015 at UK entity and this year I opened second at Cyprus entity. Both on Ctrader platform. On my own opinion account with FCA regulation is more protected and most part of my funds I hold there. But accounts which provides by FxPro Financial Services Ltd have much more deposit and withdrawal options. If to say about execution and customer service, both providers are equivalent to each other. The only thing I don’t like – there are some slippages on news time.
If you are looking for a really good broker, you can try fxpro. I have been working with them for last several years and satisfied with this broker. Moreover, it is not necessary to start immediately with a real account, you can test their demo. It is very convenient and execution is the same as real. Also this broker provide a lot of studying programs and materials for newbies. Service is very professional, I recommend to try.
Agreed with all the good stuff written about cTrader. Really cool platform. And in in general i have no problems with FxPro. Everything is good. Fast order execution, slippage and requotes are acceptable, polite and helpful manager and support staff, stable server connection, successful withdrawal even with big amount of money. Can recommend to every smart trader.
This year I voted for FxPro as the best fx provider and best platform. Ctrader is really best and the most technologically advanced platform in my trading practice. The speed of execution is very fast and there is no requotes, UI is very convenient. And there is a great advantage – you can use all kinds of EA’s or write it by yourself.
Oh. Are you talking about online voting, ended previous month? I made the same decision. But i chose best trading platform and best customer service. Because i really like these FxPro features. And it’s not all the good things you can get. Don’t forget about account negative balance protection for example. And i can recommend FxPro to everyone.
I decided to start trading with Fxpro thanks to a friend’s advice and I don’t regret it. It is regulated broker with good customer service and fast platform. Easy withdrawals. Generally excellent services. Recommended for professional traders and beginners.
Fxpro as a broker is one of the best for me. cTrader as a trader platform is one of the best for me. United – they both create amazing synergy of stability, speed and innovation. I can recommend to try FxPro with cTrdader on demo account. Believe me you will switch to real one so quickly.
FxPro Сtrader – just a great terminal. Much better execution speed if to compare with MT4 and MT5. The terminal doesn’t freeze and there is no requotes. I’m very pleased with this modern and convenient platform.
MetaTrader 4 and Metatrader 5 were in my past. Now I trading with cTrader and enjoy this platform very much. Great decision by FxPro. It is fast, easy to use and provide a lot of useful tools. There is no requotes and the spread is tight on major pairs. Can recommend everybody to try.
The thing I appreciate the most in fxpro is their perfect ctrader platform. You will never encounter with the requotes here. Order execution is quite fast. And the user interface is very user-friendly and informative.
I enjoyed FxPro cTrader platform. Very unique modern and easy at the same time. The charts are easy to use and include advanced functionality and indicators. The execution of orders with no dealing desk intervention. Spreads are quite tight and there are no requotes. Commissions are reasonable.
I have used many platforms in the past and although I have made some money using them, but it was the small part of the profits if to compare with my earnings using through FxPro cTrader.
Generally, I am happy with fxpro. This broker is very transparent and client oriented with good customer support. The staff is professional. They solve all my issues in the shortest possible time. Ctrader platform is great. Best in my practice. Never disappointed with my choice of broker.