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Among the popular trading platform software widely used in Forex trading cTrader has solidified its place over the years. Many traders love using it for its advanced functionality and rich features allowing traders to analyze markets and use autonomous trading algorithms called cBots. Despite its popularity, few Forex prop firms offer this advanced platform to their clients. For traders who want to use cTrader while operating funded accounts, we have researched and reviewed firms that offer a platform.
cTrader Platform explained
cTrader is an advanced trading platform that traders use to speculate on financial markets of all sorts including Forex pairs, digital currencies, stocks, futures, options, commodities, indices, and many more. The platform is equipped with advanced tools and functionality allowing traders to execute trades manually and automatically. Its algorithmic trading robots called cBotrs offer fully automated trading capabilities just like MT4 and MT5 EAs and are used by experienced traders to automate their strategies or test new ones.
The best cTrader Forex Prop Firms
| Firm | Overall Score | Min funding | Max funding | Min funding fee | Profit share | Daily loss limit | Max loss limit |
|---|---|---|---|---|---|---|---|
| Funded Trading Plus | 4.05 | 5,000 USD | 250,000 USD (up to 2.5 million with scaling plan) | 119 USD | 70-80% | 3-4% | 5-8% |
| FTMO | 4.03 | 10,000 USD | 200,000 USD | 164 USD | 90% | 5% | 10% |
| Blue Guardian | 3.95 | 10,000 USD | 200,000 USD | 87 USD | 85% | 4% | 8% |
| Audacity Capital | 3.67 | 10,000 USD | 480,000 USD | 129 USD | 50-85% | 10% | 10% |
| E8 Funding | 3.18 | 25,000 USD | 300,000 USD | 138 USD | 80% | 5% | 8% |
Pros and Cons of the cTrader Platform
cTrader was designed for Forex and CFDs trading and despite its numerous advantages, it also has several downsides. We will explore all the main pros and cons of the cTrader platform below.
Pros
- Intuitive user interface
- Advanced charting tools
- Algorithmic trading support
- Fast order execution speeds
- Level II pricing support
- Multiple time frame analysis
- Superior customization
- Access to diverse financial markets
Cons
- Limited broker support
- Small community
- The learning curve for beginners
- Less extensive ecosystem
How to install cTrader on your Desktop
The installation process of the platform is very intuitive and requires a few clicks to download, install, and launch cTrader. The platform comes with various operating systems and devices to cover the full spectrum of traders no matter their favorite device or system.
Install cTrader on Windows
The installation process for Windows computers is straightforward, users have to visit cTrader’s official website and download the installation file.
Browse the website and scroll down to find the Download cTrader button. This will initiate the downloading process of the installer file. After the download process is complete click on the newly downloaded file and launch the installer.
After the cTrader installer is finished downloading and installing the required files, the platform will be launched automatically.
Traders will need to log in or create a new account to access the platform. It is possible to log in directly using Facebook or Gmail which is very convenient and allows traders to log in almost instantly. After logging in the platform will be fully functional and accessible. There are no paid subscriptions for cTrader and all features of the platform are free.
Install cTrader on Mac
Installation on Mac devices is also a simple process as the cTrader website offers a download link for the ‘.dmg’ file of the installer. After downloading and installing it traders will have to also log in or create an account.
cTrader Web Trader
Accessing the cTrader is possible using a web browser of any sort. The website offers a platform section to launch the web version of the platform that is full of features similar to the desktop version.
This makes cTrader a truly well-established platform available on multiple devices and accessible from one super convenient website. The only thing remaining is to learn how to select reliable prop firms that offer cTrader as a trading platform.
How to install cTrader on a smartphone – iOS, Android Guide
The download section of the cTrader web page offers download links for all popular mobile devices including Android, iOS, and even Amazon. Besides this option traders can use their smartphones and search for cTrader on respective app stores. Both Android and iOS app stores have the cTrader app available that can be downloaded in no time and used for accessing financial markets. The mobile apps also support advanced features such as copy trading directly from the app which can be super beneficial for investors who want to replicate the performance of successful traders.
Selecting the best cTrader Prop firms
Selecting the top cTrader prop firms involves careful consideration of various factors to ensure compatibility with your trading goals and preferences. The fastest and most reliable way to find the most suited prop trading from offering cTrader is to see our list of reliable firms above. The manual process of finding reliable prop firms that offer cTrader can be tiring and time-consuming while our unbiased reviews offer the list of the best firms at a glance. Despite these advantages, you still need to follow several steps to ensure the prop trading firm offers all the features you would like to use:
Research and understand your needs
We may lust the most reliable prop firms with cTrader but if you need a specific trading asset or a condition it may become tricky to find the most suitable option.
Check our review and score to ensure safety
Ensure prop firm offers trading services through regulated brokers to trade in a safe environment. Also, pay attention to our safety section and see if the broker has positive online reviews on popular platforms such as FPA.
Evaluate trading costs and fees
Explore the fee structure, including spreads, commissions, funding fees, and hidden fees. Consider these costs in your trading strategy to ensure your strategy can still generate profits.
Review asset diversity
Traders usually trade specific set of trading instruments and it is critical that the firm with cTrader also offer the preferable asset. Finding the best prop firm only to discover they do not offer your preferred trading instrument can be very frustrating.
Trading rules and policies
Review the prop firm’s risk management policies and rules and ensure they align with your trading style and strategy. If you are a trend follower and there a daily and overall risk limits can make your strategy useless.
Scalability and funding options
Consider whether the prop firm that offers cTrader can accommodate your trading size and volume. Check the availability of multiple funding and withdrawing options to ensure you can quickly withdraw or deposit funds. Some firms only allow monthly withdrawals while others may offer withdrawals at any day of the week. Our reviews are the best place to find out about these critical details and ensure the prop firm suits your trading needs and style.
Choosing Between cTrader and Other Trading Platforms: A Comparative Analysis
Choosing between cTrader and other trading platforms involves a comparative analysis of features, user experience, and overall functionality. cTrader offers similar functionality as MetaTrader platforms but has some differentiating features. cTrader stands out for its intuitive and modern interface, advanced charting tools, algorithmic trading support, and fast order execution. Traders need to analyze these advantages against potential downsides, such as limited broker support and smaller communities. It is worth mentioning that top prop firms also offer cTrader as an option making choice even more difficult. The closest competitor for cTrader is the MetaTrader platform which offers very similar features and traders need to select the platform that suits their needs. In the end, it all depends on the trader’s personal preferences and experience with the platform.
FAQs on cTrader Forex Prop Firms
What is cTrader, and why is it popular among traders?
Which prop firms offer cTrader?
How can I find Forex prop firms that offer cTrader as a trading platform?
What are the pros and cons of using the cTrader platform?
How do I install cTrader on my desktop, whether it's Windows or Mac?
Can I use cTrader on my smartphone, and how do I install it?
