Monday, June 17, 2024
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HomeIndustry NewsSpotware sees a spike in demand from large brokers
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Spotware sees a spike in demand from large brokers

The demand for cTrader spiked especially from large brokers, as it remains the safest choice in the market. Since its development, Spotware is known in the industry for fighting malicious brokers, following its Trader First™ approach. In its more than 12 years of existence, the company kicked out multiple bucket shop brokers as well as brokers accepting US clients.

cTrader was built to protect traders by not allowing any “inject price” function and preventing scam brokers from stop-loss hunting or installing any plugins like “Virtual Dealer”. Also on cTrader, each user’s activity is logged, it’s easy to understand and any trade amendments are recorded and marked separately.” The Head of Technical Support at Spotware, John Parnaby, said. “cTrader is hosted on Spotware’s infrastructure and only Spotware employees have access to it. Trade receipts with all necessary information about each trade, including but not limited to chronological events, slippage, and Level 2 market snapshot and execution times are stored and cannot be modified, ensuring trading transparency. All the above features make cTrader less appealing to brokers with malicious intentions”.

Spotware’s business approach and global user base of over one million traders show that fraudsters and scam brokers don’t turn to cTrader’s transparency and Traders First™ approach themselves.

About Spotware – cTrader

cTrader, a premium trading platform offered by leading brokers and trusted by millions of traders worldwide, is the flagship product of Spotware, an award-winning financial technology provider specializing in complete business solutions and complex custom development projects. cTrader is a one-of-a-kind platform that doesn’t engage in trader fraud and prides itself on 100% transparency while providing brokers with a complete solution that raises their brand value by putting them in a category of brokers that can be trusted while simultaneously catering to the needs of all their traders. From complete beginners to professionals, the cTrader Suite offers numerous trading modes – cTrader Trade, cTrader Copy, cTrader Automate, and features available on the Web, Desktop, and Mobile devices. Spotware has been raising the standards of the online trading industry since 2010, providing constant innovation ever since. Founded on the values of transparency and the TradersFirst™ approach, the company develops products responsive to the changing demands of the business and regulatory landscape while serving the long-term interests of all market participants.

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