Spotware enhances connectivity to address increasing broker demand for cTrader
“The infrastructure upgrades include improved connectivity between NY2 and LD5, new proxy points in southeast Asia like Vietnam and Indonesia and much more. These and many more upgrades will enable cTrader Brokers to offer a seamless trading experience with the lowest latency possible,sub-millisecond processing and a 100% uptime, regardless of their traders’ location”.
Spotware has announced it is investing in infrastructure upgrades to accommodate the increased demand from brokers, some of whom found themselves without a trading mobile app for iOS users since last month, when Apple suspended MetaTrader 4 and MetaTrader 5 from the Apple Store.
The increased demand for cTrader is being addressed with an upgraded infrastructure to accomodate all the new onboarded brokers and to increase the worldwide coverage while minimizing the latency of its trading platform.
The self-hosted trading platform is maintained by Spotware’s own high-performant, secure, and scalable infrastructure, capable of handling an ever expanding clientbase of brokers and millions of cTrader platform users across the globe.
Alex Avanesov, Head of Network Operations at Spotware, said: “After the rapid increase of onboarded brokers on our trading platform it would only make sense to be proactive and upgrade our infrastructure in order to accommodate the ongoing increased demand.
“The infrastructure upgrades include improved connectivity between NY2 and LD5, new proxy points in southeast Asia like Vietnam and Indonesia and much more. These and many more upgrades will enable cTrader Brokers to offer a seamless trading experience with the lowest latency possible,sub-millisecond processing and a 100% uptime, regardless of their traders’ location”.
cServer, the backbone of the cTrader platform which works behind the scenes to ensure uninterrupted liquidity connections, is also part of the evolving infrastructure by Spotware Systems. The backbone includes servers in strategic locations such as Equinix LD5 & NY2 as well as over 150 proxy cloud points, ensuring a seamless connection of cTrader globally, and is protected by thorough security and comprehensive backup, according to the software developer.
The cTrader Suite is comprised of cTrader Trade, cTrader Copy, cTrader Automate, and features available on the Web, Desktop, and Mobile devices.
Spotware launches KYC checks and deposits on mobile
Earlier this month, Spotware released Broker OAuth, a solution that allows traders to authenticate using their brokers Client Area credentials and perform all actions such as KYC checks and deposits without leaving the trading platform.
Users are no longer required to memorize credentials for each separate account since they’ve been offered a cTrader ID to simplify user authentication. But now, Broker OAuth takes it to the next level by allowing clients to pass KYC and make FTD inside their applications in 2022, including iOS and Android apps.
The firm argues that brokers that don’t use it will soon lose out to the competition and Spotware is the only provider of trading platforms within the FX and CFD industry that allows brokers to do this. The solution reduces friction to a minimum.
