Best brokers for cTrader in 2024

Written by
Adam N.
Fact checked by
Updated
Dec 2023
Dive into our toplist of regulated and trusted brokers that we tested with real money. Every broker is available in the United States.

Find below the strengths of the best brokers where you can trade on cTrader, updated for 2024:

  1. IC Markets - best broker for cTrader in 2024. Low forex fees. Easy and fast account opening. Free deposit and withdrawal. Offers standard and raw spread accounts.
  2. Pepperstone - Fast and fully digital account opening. Great customer service. Seamless and free deposit and withdrawal.
  3. Fusion Markets - Low trading and non-trading fees. Fast and easy account opening. Great customer service.
  4. FP Markets - Low forex fees. Easy and fast account opening and funding. Great education tools.
  5. FxPro - Superb account opening process. Great customer service. Free deposit and withdrawal.
  6. GO Markets - Low forex fees. Fast account opening. Great educational tools.
  7. Skilling - Easy and fast account opening. Fast and helpful customer support. Easy-to-use web and mobile trading platform.
  8. BlackBull Markets - Low forex fees. Fast and user-friendly account opening. Great educational tools.
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Overview of the best brokers for cTrader

Check out the interactive table below and select the services that are most important to you.

Broker
Stock fee class
Forex fee class
IC Markets
Low
Pepperstone
Low
Fusion Markets
Low
FP Markets
Low
FxPro
Low
GO Markets
Low
Skilling
Average
BlackBull Markets
Low
Best brokers for cTrader data compiled for December 2023

Popularity of the brokers for cTrader

Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.

Trading fees

Check out the most important trading related fees at the top brokers in the interactive table below.

Broker
EURUSD spread
S&P 500 index CFD fee
IC Markets
0.0
$2.9
Pepperstone
0.1
$3.2
Fusion Markets
0.0
$2.5
FP Markets
0.1
$1.1
FxPro
1.4
$3.2
GO Markets
0.2
$3.3
Skilling
1.2
$3.8
BlackBull Markets
0.2
$4.5
Trading fees at the best brokers for cTrader in December 2023

Non-trading fees

Broker
Account fee
Inactivity fee
IC Markets
Pepperstone
Fusion Markets
FP Markets
FxPro
GO Markets
Skilling
BlackBull Markets
Best brokers for cTrader non-trading fees

What is cTrader?

cTrader is a powerful and highly efficient trading platform geared toward forex and CFD traders.

The feature-rich platform is praised for its speed, transparency and fair trading environment. cTrader is heavily used for ECN trading, technical trading, day trading as well as copy trading

The platform offers a user-friendly interface with customizable charts, technical analysis tools, and a range of order types, including market orders, limit orders, stop orders, and more. It is recommended for beginners and seasoned traders alike.

cTrader is fast gaining in popularity among traders who previously used the MetaTrader platform.

The cTrader Open API is a service you can use to develop custom applications connected to the cTrader backend. You can use your API to develop trading-oriented apps or services, or integrate the cTrader backend with any existing solutions you may have.

The API is language-neutral, meaning that you can use any programming language you want to interact with the API.Open API is part of the cTrader platform which is available for all cTrader-affiliated brokers.

The cTrader Open API allows your code to access real-time market data, perform all possible types of trading operations permitted in the 'main' cTrader applications as well as retrieve and process account information including deals, orders, and positions.

How to connect your brokerage account to cTrader

You will need to open a cTrader account and you will receive an ID via email. You will need to use this ID to log into cTrader, so file it for your records.

You can download the cTrader app on your phone or desktop or you can access the platform through the main interface of your broker.

Some brokers will require you to fund your trading account before enabling the access to cTrader.

Check the list below to find out whether the broker of choice can connect to cTrader.

IC Markets is highly recommended for forex traders, mostly because of its low trading fees. I won’t be lying to you: it’s the super tight spreads that keep me coming back to IC Markets, though its currency pair selection is also quite impressive. Beginners may find IC Markets’s industry-standard MetaTrader platform outdated and clunky, but seasoned traders will welcome its familiar features.

Recommended for forex and CFD traders who value easy account opening and free deposit/withdrawal options

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74.32% of retail CFD accounts lose money

Pepperstone is a top-shelf broker for forex and CFD traders, striking a good balance between competitive fees and a solid forex/CFD product selection. I found Pepperstone’s forex fees particularly favorable. By default, Pepperstone uses the old-school MetaTrader platforms, a turn-off for many novice traders; but thankfully, you can link your Pepperstone account to external trading interfaces, including the popular TradingView platform.

Recommended for forex traders looking for great account opening and customer service

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74-89% of retail CFD accounts lose money

Fusion Markets is the go-to broker for budget-savvy forex traders, with arguably the lowest trading fees in the industry. In my experience, it’s one of those brokers that does only one thing but does it extremely well, from easy account opening to a robust currency selection. The unwieldy MetaTrader platform it offers is a hit with some experienced traders but a pain for most beginners.

Recommended for forex traders looking for low fees and a chance to use the MetaTrader 4 platform

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74-89% of retail CFD accounts lose money

FP Markets is an Australian CFD and forex broker regulated by the top-tier Australian regulator ASIC.

FP Markets offers low forex fees. You can be up and running quickly as both account opening and deposits are super easy and fast. There are several excellent educational tools, such as demo accounts and e-books.

The product lineup at FP Markets is limited to forex, CFDs and cryptocurrencies. MetaTrader 4's web and desktop trading platforms have an outdated design. The quality of research tools is uneven, especially when it comes to fundamental data, news or charting.

BrokerChooser gave FP Markets a 4.3/5 rating based on analyzing 600+ criteria and testing via opening a live account.

Recommended for forex and CFD traders familiar with the MetaTrader and IRESS trading platforms

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73.85% of retail CFD accounts lose money

FxPro is an international CFD and forex broker, regulated by the UK's FCA, CySEC of Cyprus and the SCB in the Bahamas.

Its account opening process is fast, fully online, and user-friendly. FxPro has a well-performing customer service that can be contacted in many languages. You can use a lot of free options for deposit and withdrawal.

On the negative side, FxPro's product portfolio is limited to forex and CFD. Non-trading fees are average, and there is also an inactivity fee that kicks in after 6 months of no trading.

BrokerChooser gave FxPro a 4.3/5 rating based on analyzing 600+ criteria and testing via opening a live account.

Recommended for forex and CFD traders looking for a broker with great account opening and who are familiar with the MetaTrader platform

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79.27% of retail CFD accounts lose money

GO Markets is a forex and CFD broker with low forex fees and favorable non-trading fees. The account opening process is fast and fully digital. The broker offers great educational tools, including forex courses.

On the negative side, the product portfolio at GO Markets is limited as the broker mainly offers forex and CFDs. Research tools could be better. Also, there is no investor protection for non-EU clients.

BrokerChooser gave GO Markets a 4.1/5 rating based on analyzing 600+ criteria and testing via opening a live account.

Recommended for forex traders who like the MetaTrader platform

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62% of retail CFD accounts lose money

Skilling is a great choice if you're looking for an easy-to-use web or mobile trading platform and would like to trade forex or CFDs.

The registration process is extremely user-friendly and very fast, with new accounts verified within an hour after application. Customer support is helpful and provides quick and relevant answers.

However, trading fees at Skilling are mixed; low for some index CFDs but high for some popular forex pairs and stock CFDs. Among other downsides, only customers onboarded under CySEC-regulated Skilling Ltd are entitled to investor protection. In addition, preset leverage levels at Skilling are fairly high and you can't change them manually.

Recommended for forex and CFD traders looking for an easy-to-use trading platform

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73% of retail CFD accounts lose money

BlackBull Markets is a New Zealand-based forex broker with low forex fees. Account opening is fast, fully digital and user-friendly. The trading experience is supported by great educational tools, including videos, texts and a demo account.

On the negative side, there is a withdrawal fee. Research tools are basic and the Prime Account minimum deposit is high.

BrokerChooser gave BlackBull Markets a 4.0/5 rating based on analyzing 600+ criteria and testing via opening a live account.

Recommended for forex traders looking for low fees who prefer the MetaTrader platform

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74-89% of retail CFD accounts lose money

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Author of this article

Adam Nasli

Financial Wizard | Trading • Safety • Market Analysis

I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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