cTrader is an advanced trading platform that is offered by several brokers for their clients. Developed by Spotware, this platform is used by millions of traders around the world. It is a very user-friendly trading platform with a clean layout and useful features. The best cTrader brokers include –
Fondex
Fondex is a well-known ECN and STP broker regulated by FSA and CySEC. It allows traders to trade more than 1000 financial instruments in various assets using the powerful cTrader platform. Traders are provided with favorable trading conditions that are ahead of the competitors in the market.
Features:
| Functionality | Information |
| Regulation | FSA, CySEC |
| Minimum deposit | $1 |
| Average deviation | 0.0 pips |
| Commissions | $1 per side 100 stocks and ETFs |
| Deposit/withdrawal fees | Yes |
| Maximum leverage | 1:500 |
| Bonus | No |
| Customer service | 24/5 |
Benefits:
- Strict regulations
- Adequate leverage offered
- Low minimum deposit
- Competitive business conditions
- Over 1000 negotiable financial instruments
Drawdowns:
- Unauthorized US customers
- Only one type of account offered
- Limited payment methods supported
- Administration fee on Islamic account option
IC Markets
IC Markets is one of the largest ECN brokers in the world that was founded in 2007. It is regulated and authorized by ASIC and has offices in Australia and Seychelles. The broker provides traders with the access to more than 230 financial instruments. It also offers the use of the powerful cTrader platform so that transactions can be executed transparently.
Features:
| Functionality | Information |
| Regulation | ASIC |
| Minimum deposit | $200 |
| Average deviation | 0.0 pips |
| Commissions | $3 |
| Deposit/withdrawal fees | No |
| Maximum leverage | 1:500 |
| Bonus | No |
| Customer service | 24/5 |
Benefits:
- Strictly regulated
- Low trading and non-trading fees
- Scalping allowed
- Tight and competitive spreads
- Sustained social commerce
Drawdowns:
- Unauthorized US customers
- Fixed spreads not offered
OctaFX
OctaFX has been operating as an STP and ECN broker since 2011. The broker is based in Saint Vincent and the Grenadines but offers its services to thousands of traders worldwide. Traders can choose from a range of forex and CFD financial instruments and trade them on various advanced and popular trading platforms like cTrader.
Features:
| Functionality | Information |
| Regulation | FSA, SVG, CySEC |
| Minimum deposit | $100 |
| Average deviation | 0.0 pips |
| Commissions | $0.2 |
| Deposit/withdrawal fees | No |
| Maximum leverage | 1:500 |
| Bonus | Yes |
| Customer service | 24/5 |
Benefits:
- Well regulated
- Commission-free trading offered
- Negative balance protection
- Fixed spread accounts offered
- Scalping allowed
Drawdowns:
- No US customers
- Limited financial instruments
Pepperstone
Pepperstone is a renowned ECN and STP broker. Founded in 2010, the broker operates in the UK and Australia, as well as various other regions. The broker offers a wide range of financial instruments that can be traded through popular and advanced trading platforms like cTrader and more. Pepperstone offers some of the best trading conditions and trading solutions, as well as low latency, a dynamic trading environment, and high execution speeds.
Features:
| Functionality | Information |
| Regulation | ASIC, FCA, DFSA |
| Minimum deposit | $200 |
| Average deviation | 1 pip |
| Commissions | AU $3.5 |
| Deposit/withdrawal fees | No |
| Maximum leverage | 1:500 |
| Bonus | Yes |
| Customer service | 24/5 |
Benefits:
- Well regulated
- Competitive business conditions
- Scalping allowed
- Social trading offered
- Award-winning customer support
Drawdowns:
- No US customers
- No fixed spread accounts
RoboForex
RoboForex is a Belize-based Market Maker founded in 2009 and it is an ECN and STP broker. The broker offers more than 9,400 financial instruments across several asset classes to its clients. Traders can use some of the most advanced trading platforms like cTrader while trading through RoboForex. Whether it is a beginner or more experienced trader, the broker offers trading solutions that suit different trading needs and goals of all traders.
Features:
| Functionality | Information |
| Regulation | IFSC |
| Minimum deposit | $10 |
| Average deviation | 0.0 PIPS |
| Commissions | $0.0045 |
| Deposit/withdrawal fees | Yes |
| Maximum leverage | 1:2000 |
| Bonus | Yes |
| Customer service | 24/7 |
Benefits:
- Strictly regulated
- Flexible account types
- Multiple trading platforms
Drawdowns:
- No US customers
- No fixed spread accounts
Some of the other best cTrader brokers include Sucden Financial, FxPro, and TopFX.
Interesting Related Article: “The Beginner’s Guide to Forex Trading“
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