Does Royal support the cTrader platform?
Bad news, cTrader is not available at Royal as of December 2024.
I've thoroughly tested Royal services with our analyst team by opening a real-money account and these are my most important findings:
- cTrader is a trading platform geared toward forex and CFD traders.
- The platform is known for its speed, transparency and fair trading environment.
- cTrader is a feature-rich platform with fast entry, synchronization, and order processing.
- cTrader is heavily used for ECN trading, technical trading, day trading as well as copy trading
Looking for the best brokers that offer access to cTrader? Search no further. Our experts put together a top list of the best brokers for cTrader by checking their services with real money.
💰 Royal EURUSD spread | 0.2 |
💰 Royal withdrawal fee | $0 |
💰 Royal inactivity fee | No |
💰 Royal minimum deposit | $50 |
📃Royal ECN account available | Yes |
💳 Deposit methods | Bank transfer, Credit/debit cards, Neteller, Skrill, fasapay, NganLuong.vn, PM, UnionPay, Asia Banks, Pay Retailers, Interac, Whish Money |
🗺️ Country of regulation | Australia, Cyprus, Lebanon, Saint Vincent and the Grenadines, Vanuatu, Nigeria |
🎮 Royal demo account provided | Yes |
📋 Read more | Check out the Royal review for 2024 |
Data updated on December 10, 2024
73% of retail CFD accounts lose money
What is cTrader?
cTrader is a popular trading platform among forex and CFD (contract for difference) traders. Developed by Spotware Systems, cTrader provides advanced trading features, efficient trade execution, and access to a wide range of financial instruments.
cTrader 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.
cTrader is known for its transparency and fair trading environment. It provides straight-through processing (STP) technology, which means that trades are executed directly with liquidity providers, eliminating the need for a dealing desk.
This can result in faster trade execution and potentially lower trading costs.
Due to the above, cTrader is fast gaining in popularity among forex and CFD traders, with many of the former switching over from the MetaTrader platform.
In addition, cTrader also supports copy trading, allowing traders to automatically replicate the trades of successful traders. This feature is known as cTrader Copy and enables less experienced traders to benefit from the expertise of more seasoned traders.
The outstanding efficiency of cTrader makes it perfect for technical trading, day trading, copy trading, as well as other technical-analysis heavy strategies.
Algotrading on cTrader
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.
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
Further reading
- How to trade forex using ATR
- How to trade forex using moving averages
- How to trade forex using the MACD indicator
- Relative Strength Index (RSI) explained in simple terms
- Forex indicators
- What is stop-loss in forex trading?
- Forex trading at Royal: Discover the key features and highlights
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.