cTrader Overview
cTrader is a modern trading platform offering:
- Intuitive interface
- Advanced charting tools
- Level II pricing
- Cross-device accessibility
- Built-in features for manual trading
Key Features of cTrader
User Interface
- Clean and intuitive design
- Customizable layout
- Streamlined workflow from account setup to trade execution
Market Transparency
- Level II pricing
- Real-time visibility of buy and sell orders at each price level
- Enhanced decision-making based on market liquidity
Cross-Platform Accessibility
Access cTrader on multiple devices:
- Desktop application
- Web browser version
- Mobile app for iOS and Android
Manual Trading Tools
- Advanced charting capabilities
- Technical analysis indicators
- Drawing tools
- Strategy backtesting
News Integration
- Free built-in news feature
- Real-time market updates
- Customizable news feed
Order Types
cTrader supports various order types:
- Market orders
- Limit orders
- Stop orders
- Take profit orders
- Stop loss orders
- Trailing stops
cTrader vs MetaTrader
Comparison of key aspects:
Feature | cTrader | MetaTrader |
User Interface | Modern, intuitive | Traditional, familiar |
Market Depth | Level II pricing | Basic depth of market |
Automated Trading | Supports cBots | Wide range of EAs |
Manual Trading Focus | High | Moderate |
Customization | Extensive | Moderate |
Mobile Access | Yes | Yes |
News Integration | Free, built-in | Paid add-on |
Account Types in cTrader
To calculate the position size you can control with leverage:
- Determine your account balance
- Identify the leverage ratio for your instrument
- Multiply your balance by the leverage ratio
Example: With a $10,000 account and 1:100 leverage on Forex, you can control positions up to $1,000,000 (10,000 * 100).
Demo Accounts
- Risk-free practice environment
- Virtual funds for market simulation
- Automatic creation upon FundedNext registration
Live Accounts
- Real market trading with actual funds
- Created through FundedNext or broker
Account Subtypes
- Hedging Accounts
- Multiple positions per symbol
- Simultaneous long and short positions allowed
- Netting Accounts
- Single position per symbol
- Opposite trades offset each other
Special Account Options
- Shariah-Compliant (Swap-Free) Accounts
- Meets Islamic finance principles
- Administrative fee instead of swap fees
- AMF Compliant (French Risk) Accounts
- Mandatory guaranteed stop loss
- Limited symbol availability
Creating a cTrader Account
Demo Account Creation
- Click on the account bar in the upper right corner
- Select “Create New Trading Account”
- Choose Demo Account
- Specify deposit amount, currency, leverage, and account type
- Click “Create Account”
Live Account Creation
- Click on the account bar in the upper right corner
- Select “Create New Trading Account”
- Choose Live Account
- Select desired broker
- Complete account details on the broker’s official site
Managing cTrader Accounts
Switching Between Accounts
- Click on the trading account bar.
- Select the desired account from the dropdown menu.
Hiding and Unhiding Accounts
- To Hide:
- Hover over the account in the list.
- Click the Hide icon.
- To Unhide:
- Go to the Hidden Accounts section.
- Hover over the account.
- Click the Unhide icon.
cTrader Platform Navigation
Main Interface Components
Component | Description |
Chart area | Displays trading charts |
Instrument panel | Lists available trading instruments |
Order panel | For placing and managing orders |
Account information bar | Shows account details |
Market watch | Displays live market prices |
Toolbar | Contains tools and shortcuts |
Customizing the Layout
– Rearranging Panels:Click and drag panels to rearrange them.
– Additional Options:Right-click on panels for more settings.
– Show/Hide Elements:Use the View menu to manage panel visibility.
– Rearranging Panels:Click and drag panels to rearrange them.
– Additional Options:Right-click on panels for more settings.
– Show/Hide Elements:Use the View menu to manage panel visibility.
Trading on cTrader
Trading on cTrader
- Select Instrument: From the Market Watch.
- Choose Order Type:Market, Limit, or Stop.
- Enter Trade Volume:Specify the amount.
- Set Stop Loss and Take Profit Levels:Optional settings.
- Execute Trade:Click Buy or Sell.
Modifying Open Positions
- Select Position:In the Positions panel.
- Modify Position: Right-click and choose Modify.Adjust stop loss, take profit, or trailing stop.
- Confirm Changes: Click Modify.
Closing Positions
- Select Position: In the Positions panel.
- Close Position:Right-click and choose Close. Confirm the closing order.
cTrader Analysis Tools
Charting
Feature | Details |
Chart Types | Candlesticks, bars, line |
Timeframes | Customizable |
Drawing Tools | Trend lines, Fibonacci retracements, etc. |
Indicators
– Built-in Indicators:
- Over 70 technical indicators.
– Customization:
- Support for custom indicators.
- Layer multiple indicators on one chart.
Backtesting
- Open Strategy Tester.
- Select Instrument and Timeframe.
- Choose Strategy or Indicator.
- Set Testing Period.
- Run Backtest and Analyze Results.
cTrader Mobile App
Features:
– Real-time price quotes.
– Chart analysis with indicators.
– Trade execution and management.
– Account overview and history.
– Push notifications for market events.
cTrader Education Resources
FundedNext offers:
– Video Tutorials
– Written Guides
– Webinars
– One-on-One Support
Security Measures in cTrader
– Two-Factor Authentication (2FA)
– SSL Encryption
– Regular Security Audits
– Automatic Session Timeouts
Integrating cTrader with FundedNext Programs
cTrader is compatible with all FundedNext trading programs:
- Evaluation Challenge
- Express Challenge
- Stellar Challenge
- Stellar Lite
Traders can use cTrader for both demo and funded accounts.
User Opinions
“The cTrader platform on FundedNext offers a sleek interface that streamlines my trading process. The Level II pricing feature has significantly improved my market analysis.” – TechTrader123
“I appreciate the seamless integration of news feeds in cTrader. It keeps me informed about market events without leaving the platform.” – NewsAwareTrader
“The cross-device accessibility of cTrader through FundedNext allows me to manage my trades efficiently, whether I’m at my desk or on the go.” – MobileTraderPro
FAQ
Can I use my existing cTrader strategies with FundedNext?
Yes, you can import your custom cBots and indicators into the FundedNext cTrader platform. Ensure your strategies comply with FundedNext’s trading rules for your chosen program.
How does cTrader's backtesting compare to MetaTrader?
cTrader’s backtesting functionality is more user-friendly and visually intuitive compared to MetaTrader. It provides detailed performance metrics and allows for easy strategy optimization. However, MetaTrader may offer more advanced options for experienced programmers.
Is there a difference in execution speed between cTrader and MetaTrader on FundedNext?
Both platforms offer high-speed execution on FundedNext. The actual execution speed depends more on market conditions and your internet connection than the platform itself. We recommend testing both platforms during demo phase to determine which best suits your trading style.
