Best cTrader Brokers 2024

cTrader has become increasingly popular since its introduction in 2011. The web platform was initially launched with FxPro and has since been adopted by several leading cTrader brokers, including Pepperstone and IC Markets. Which one should you pick? Read this test of the best cTrader brokers updated for 2024 to find the most suited to your trading needs.

Top 5 Brokers with cTrader

In our platform tests we have found that these are the top 5 brokers with cTrader in 2024:

Best cTrader Brokers 2024 Comparison

Best cTrader Brokers 2024 Comparison
Broker Minimum Deposit Instruments Platforms Visit
Pepperstone logo
$0 CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade Visit
IC Markets logo
$200 CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade Visit
IC Trading logo
$200 CFDs, Forex, Stocks, Indices, Commodities, Bonds, Cryptos, Futures MT4, MT5, cTrader, AutoChartist, TradingCentral Visit
BlackBull Markets logo
$0 Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos MT4, MT5, cTrader, TradingView, AutoChartist Visit
FxPro logo
$100 CFDs, Forex, Stocks, Indices, Commodities, Futures FxPro Platform, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade Visit
Fusion Markets logo
$0 CFDs, Forex, Stocks, Indices, Commodities, Crypto MT4, MT5, cTrader, TradingView, DupliTrade Visit
Skilling logo
- Forex, CFDs, Stocks, Indices, Commodities and Cryptos Skilling Trader, MT4, cTrader, TradingView Visit
Tradeview logo
$100 Forex, CFDs, indices, shares, commodities, cryptocurrencies MT4, MT5, cTrader Visit
Axiory logo
$10 Forex, CFD indices, commodities MyAxiory App, MT4, MT5, cTrader, AutoChartist Visit
MultiBank FX logo
$50 Forex, CFDs, indices, shares, metals, commodities, cryptocurrencies MultiBank-Plus, MT4, MT5, cTrader Visit
FXPrimus logo
$15 CFDs, Forex, Stocks, Cryptos, Futures, Options, Commodities, Bonds MT4, MT5, cTrader Visit
FP Markets logo
$40 CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto Iress, MT4, MT5, cTrader, TradingView, AutoChartist, TradingCentral Visit

#1 - Pepperstone

Why We Chose Pepperstone

Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for day traders at all levels.

"Pepperstone stands out as a top choice for day trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/7 support."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting
  • Regulator: FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB
  • Platforms: MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade
  • Minimum Deposit: $0
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30 (Retail), 1:500 (Pro)

#2 - IC Markets

Why We Chose IC Markets

IC Markets is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 180,000 clients from over 200 countries.

"IC Markets offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
  • Regulator: ASIC, CySEC, FSA
  • Platforms: MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade
  • Minimum Deposit: $200
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)

#3 - IC Trading

Why We Chose IC Trading

IC Trading is part of the established IC Markets group. Built for serious traders, it boasts some of the most competitive spreads, reliable order execution, and advanced trading tools. The catch is that it’s registered in the offshore financial centre of Mauritius, enabling it to offer high leverage but in a weakly regulated trading setting.

"With superior execution speeds averaging 40 milliseconds, deep liquidity, and powerful charting software, IC Trading delivers an optimal trading environment tailored for scalpers, day traders, and algorithmic traders. "

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, Bonds, Cryptos, Futures
  • Regulator: FSC
  • Platforms: MT4, MT5, cTrader, AutoChartist, TradingCentral
  • Minimum Deposit: $200
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:500

#4 - BlackBull Markets

Why We Chose BlackBull Markets

BlackBull is a New Zealand-based CFD broker with trading opportunities on forex, stocks, indices, commodities and cryptos. The broker supports the MetaTrader 4 and 5 platforms as well as TradingView, cTrader and a proprietary mobile app. Clients can trade with high leverage and tight spreads from 0 pips on the broker's ECN accounts.

"BlackBull Markets will suit traders of all experience levels with thousands of tradable instruments, tight spreads and the familiar MetaTrader platforms."

- DayTrading Review Team
  • Instruments: Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos
  • Regulator: FMA, FSA
  • Platforms: MT4, MT5, cTrader, TradingView, AutoChartist
  • Minimum Deposit: $0
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:500

#5 - FxPro

Why We Chose FxPro

Founded in 2006, FxPro is an established forex, CFD and spread betting broker offering 2100+ assets to over 2 million clients worldwide. The broker is regulated in 4 jurisdictions and offers reliable 24/5 customer support, earning it a high trust and safety score. FxPro has also picked up more than 100 industry accolades for its competitive trading conditions, including fast execution and deep liquidity.

"FxPro is best for experienced traders looking for wide market access, premium research tools and advanced charting platforms. The competitive fees and fast execution will serve serious short-term traders, whilst the BnkPro investment service will appeal to those looking for long-term e-money solutions."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, Futures
  • Regulator: FCA, CySEC, FSCA, SCB, FSC
  • Platforms: FxPro Platform, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade
  • Minimum Deposit: $100
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited)

What Is cTrader?

cTrader is a modern and intuitive platform for forex trading and CFD trading which was developed by the Spotware Systems Group in 2011. The platform has become a strong contender against the MetaTrader 4 and MetaTrader 5 platforms, due to its STP (Straight Through Processing) capabilities for ECN brokers.

Today, cTrader is offered as a downloadable application for both Windows, Mac OS or Linux operating systems, plus a convenient webtrader version. For on-the-go traders, there’s also a mobile app, which can be downloaded to all major devices.

You can trade a list with thousands of assets on cTrader, including currency pairs, commodities, indices, stocks, ETFs and even popular cryptocurrencies such as Bitcoin. Spread betting is also available as an add-on through some brokerages. Leverage is available up to 1:500, depending on the broker and jurisdiction.

Key Features

Interface

cTrader offers a clean, modern and visually appealing layout compared to MetaTrader. There are different layouts you can choose and you can also detach charts and customise them as needed. Additionally, there’s the option to switch between dark and light themes, which is a nice touch.

cTrader interface
cTrader interface

Market Depth Functionality

Contrary to only one kind of market depth offered by MetaTrader 5, cTrader displays three types of market depth and level 2 pricing:

cTrader Depth Of Market
cTrader Standard Depth Of Market
cTrader Price Depth Of Market
cTrader Price Depth Of Market
cTrader VWAP Depth Of Market
cTrader VWAP Depth Of Market

Charting

cTrader’s charting features are both intuitive and user-friendly, with numerous customisation options to suit different styles.

cTrader charting
cTrader charting
cTrader technical analysis
cTrader chart modes
cTrader technical analysis
cTrader technical analysis

Order Types

You can execute four order types: market, limit, stop and stop limit. For each one, a window will appear where you can adjust your parameters, set price alerts, choose the market range and expiry dates. You will then need to utilise the risk management tools and set the stop loss and take profit levels.

cTrader pending orders
cTrader order types

You can edit or cancel a open pending order by clicking on the ‘Modify’ button next to the instrument in your TradeWatch panel. Here you can edit the entry price, expiry date, stop loss and take profit, as well as trailing stop.

TradeWatch

Located at the bottom of your screen, the TradeWatch panel allows you to enter or leave trades, view and modify positions, and manage transactions. You can also set advanced take profit and stop loss levels for a position, by clicking on the ‘Advanced Protection’ settings.

Advanced take profit will automatically initiate a partial close on a position when it reaches the desired profit level. The advanced stop-loss allows for more precise control over pip movements at the stop loss point.

cTrader TradeWatch
cTrader TradeWatch

Additional Features

Other impressive features that you will find include:

Mobile App

Available for smartphones and tablets, including iPhone and Samsung devices, the mobile app features fluid and responsive charts on an attractive and customisable design.

As with the desktop version, you can switch between dark or light mode to suit your preferences. There are also intuitive mobile-adapted features to make trading on-the-go easy and seamless, such as zoom and scroll functionality and QuickTrade mode.

The app supports 5 chart rendering types (bar, candlestick, dots, line and area charts) plus 4 chart types (standard, tick, Renko and range). Impressively, cTrader Mobile also comes with all 65 technical indicators and 8 drawing tools, as well as a news feed, live market sentiment, price alerts and trade statistics.

cTrader mobile app
cTrader mobile app

You can also fully manage your account transactions and settings straight from the easy-to-navigate dashboard, plus configure your own push and email notifications. cTrader Mobile is available in 22 languages and you can download it in seconds from the App Store for iOS devices, or Google Play for Android phones.

cTrader Automate

cTrader Automate (formerly known as cAlgo) allows traders to build their own automated trading robots (cBots) and custom indicators using the C# programming language on the cTrader open API. The integrated solution supports manual backtesting in replay mode against historical data, an in-built code editor and a deal map.

The main advantage of cBots is that trades can be entered more precisely and quickly than a human can process manually. Indicators can be used for manual trading but can also be integrated into cBots to indicate trends and provide signals. Some popular cBots include the scalping or moving average bot, as well as the TradingView charting package bot.

To create and run a cBot or indicator, click on ‘New’ from inside the ‘cBots’ or ‘Indicator’ tab where a new template will be created with a default code. The user guide online contains instructions on how to optimise the codes, as well as other sample codes.

cTrader automated trading
cTrader automated trading

Copy Trading

cTrader Copy is fully integrated within the platform and allows for a variety of copy trading strategies. You can access the feature by clicking on the ‘Copy’ tab in the main left-hand window. This allows you to check available strategies, compare history and fees, and start copying in just a few clicks.

cTrader copy investing
cTrader copy investing

You can easily search Strategy Providers and filter by age, fee amount, number of trade copiers, or the capital amount. Once you have chosen a provider, click on their cTrader ID to expand additional information such as average profit and total own funds.

Note that if you’re using a demo account, you can only copy free-of-charge strategies. Once you have selected a provider, your allocated funds will be converted into a copy trading account and all the open positions of the strategy are opened for you with the current market rates. You can stop copying and restart again at any time by going into the copy trading account settings.

If you’re unsure whether copy trading is for you, there are a number of online reviews you can check out. It’s also worth comparing the copy trading function against other popular services such as eToro or ZuluTrade.

cTrader vs MetaTrader 4

If you’re wondering whether to choose cTrader or MetaTrader 4 and how the platforms compare, we’ve weighed up the key criteria below.

Interface & Ease of Use

cTrader has been commended for its modern and uncluttered design, with light and dark themes and detachable windows. MetaTrader 4 is more outdated, though is arguably more familiar to experienced traders. Beginners may therefore prefer cTrader, though it is entirely down to personal preference.

Technical Analysis

cTrader includes over 70 built-in indicators and drawing tools, whilst MetaTrader 4 offers over 50. For this reason, cTrader does have the edge over MT4 in terms of the manual trading capabilities.

Charts

There are 9 timeframes available in MetaTrader 4, whereas cTrader offers over 50 across 9 chart types. cTrader also offers an additional chart type compared to MT4 (the dot chart) plus a chart-linking feature and detachable windows.

Automated Trading

cTrader uses the C# programming language for cBots, whereas MetaTrader 4 uses the native MQL4 language for Expert Advisors (EAs). Overall, MetaTrader 4 is still the favourite for the wider range of automated tools and the more established online community.

Market Depth

cTrader’s DoM is available in three types: standard depth, price depth and VWAP depth, which is an excellent and sought-after feature. The basic version of MT4, however, does not support depth of market.

Order Types

With cTrader, you can place pending orders even when the market is closed, which is not allowed in MetaTrader 4. cTrader also offers advanced take profit and stop loss and also displays more detailed order tickets, compared to MT4.

cTrader vs MetaTrader 5

If you’re choosing between cTrader or MT5, some of the key criteria do differ slightly compared to the cTrader vs MT4 comparison.

Interface & Ease of Use

Whilst MetaTrader 5 did include some cosmetic updates, it does still follow the old-school design that many traders are used to. Again, it is entirely down to personal preference, but some newbies are likely to find the cTrader interface more attractive and easy to navigate.

Technical Analysis

Both cTrader and MetaTrader 5 have an almost equal number of indicators, though MT5 offers a few more objects, such as Gann and Channel tools. Overall, the two platforms perform well in this area.

Charts

cTrader has chart-linking and detachable charts, which allows traders more flexibility to spread charts across multiple monitors. MT5, on the other hand, does not offer this feature. Furthermore, cTrader boasts over double the number of time frames than MT5, which has 21.

Automated Trading

When it comes to algorithmic trading, both platforms are very different, with cTrader using the common C# coding language and MetaTrader 5 using MQL5. Nonetheless, MT5 was not received as well as MT4, which already offered the core functionalities that traders need. For this reason, cTrader is a favourable choice over MT5 in this area.

Market Depth

MT5 only offers one type of market depth, whilst cTrader offers three. cTrader’s highly sophisticated DoM tool responded to traders’ desires to view the full depth of bids and offers at each price. For traders who deal in large volumes, cTrader is the better choice for market depth functionality.

Order Types

Apart from the ability to place pending orders when the market is closed in cTrader, there is not a great deal of difference between the two platforms when it comes to order types. Nonetheless, cTrader does make it easier to optimise order protection settings before entering the market, showing clear risk and reward figures, for example.

Pros

Based on our comparisons of cTrader vs MT4 or MT5, we’ve summed up some key advantages of trading:

Cons

Traders may want to consider the following drawbacks of the platform:

Final Word On cTrader

cTrader is no doubt a strong contender against industry giant, MetaTrader 4, with a vast range of technical indicators, Depth of Market options, and competitive web integrations. Novices may be drawn to the attractive design and automated trading capabilities, though MT4 is likely to remain the overall favourite for experienced traders.

You can look out for the cTrader logo at top brokers to download the platform and start trading today, including ICMarkets, RoboForex, OctaFX, and HotForex. New traders should also download the demo account or make use of any trading simulator to get acquainted with the features.

FAQ

What Is The cTrader Platform? 

cTrader is a forex and CFD trading platform tailored for ECN brokers, including FxPro and IC Markets. A cTrader platform offered by one of these cTrader brokers will allow you to access a range of markets across multiple devices and operating systems.

What Is A cTrader Account? 

cTrader supports demo and live accounts, which are automatically synchronised with your cTrader ID (cTID). Demo accounts are hedged and include a default amount of 1,000 EUR to practice virtual trading with. Live accounts are provided through your broker and allow trading with real money.

Is cTrader better than MT4? 

cTrader has become increasingly popular among investors looking for a modern interface with customisable features and extensive technical analysis tools. Nonetheless, MT4 remains the favoured choice among most traders, due to its establishment in the market and use of MQL4.

What Is The Difference Between cTrader And MT4? 

The main differences between MetaTrader 4 and cTrader include the platform design and interface, as well as the coding language that is used to program robots and indicators. Due to its long-established status in the market, traders are more familiar with the features of MT4.

How Can I Access cTrader? 

cTrader is designed for most operating systems, including Windows 10 or XP, Mac OS and Linux and you can download the platform once you have registered with a cTrader broker. You could also access the web version from any major internet browser, with no installation required.

How Do I Start Trading With cTrader?

If your broker doesn’t provide a user guide PDF, cTrader has a comprehensive and easy-to-digest manual which you can access online or via the PDF version. You can also check out cTrader’s useful YouTube tutorial videos if you need any visual help.