cTrader

IC Markets cTrader is an innovative ECN (Electronic Communication Network) trading platform, designed specifically with forex and metals trading in mind. cTrader combines the speed of an ECN trading platform with the multi-bank liquidity of IC Markets True ECN environment, providing clients with the ultimate trading solution. cTrader utilises proven technology that will enable you to take your trading to the next level.

IC Markets cTrader gives you access to an deep liquidity in 60 currency pairs plus spot gold and silver. Active traders worldwide appreciate trading in an ECN environment, which combined with the superior functionality of cTrader and streaming prices from multiple global banks, gives you the ultimate in trading solutions. 

Why is IC Markets cTrader Platform Different?

Inverse Spreads

IC Markets boasts some of the tightest spreads of all Forex brokers globally. There is no minimum spread on the cTrader platform and spreads on the EUR/USD can often be seen at -0.3 pips during the European and North American trading sessions. The average spread on EUR/USD is 0.1 pips 24/5. This is currently the tightest average EUR/USD spread out of any broker globally.

Our diverse liquidity mix from up to 50 different liquidity providers means that we are always able to source liquidity for our clients and keep our spreads tight, especially during high volatility times such as news announcements.

Level II Pricing – Market Depth

cTrader’s depth of market shows the full range of executable prices coming directly from liquidity providers. Orders are filled against the full order book using Volume Weighted Average Price (VWAP). cTrader offers complete transparency of the liquidity of each currency pair by showing the available volumes for each price level at any given time. High liquidity, asynchronous spot prices and low latency guarantee the tightest possible spreads.

Ultra Fast Order Execution

The IC Markets cTrader server is located in the LD5 IBX Equinix Data Centre in London. The D5 IBX data centre referred to as a financial ecosystem is home to over 600 buy and sell side firms, exchanges, trading venues, market data and service providers. They cTrader server is cross connected to our ECN to ensure ultra low latency and the fast execution of your trades. cTrader’s backend allows simultaneous processing of your orders, enabling you to take advantage of every market condition.

The IC Markets cTrader server has under 1ms latency to major VPS providers either collocated in the LD5 IBX data centre or through dedicated lines to nearby data centres. This low latency environment is ideal for automated and High Frequency Trading and scalping.

No Restrictions on Trading – Scalping Allowed

IC Markets cTrader platform has no restrictions on trading. We have some of the best trading conditions for scalping and high frequency trading globally, allowing traders to place orders between the spread as there is no minimum order distance and a freeze level of 0. This means orders including stop loss orders can be placed as close to the market price as you like.

Traders can also hedge positions as there is no first in first out (FIFO) rule with IC Markets. Traders do not pay margin on hedged trades and enjoy the benefits of margin netting.

All Major Currencies Supported

Open an account in one of 8 supported base currencies including: USD, AUD, EUR, GBP, SGD, NZD, JPY, CHF.

Flexible Funding and Withdrawal Options

Once you’ve opened your IC Markets cTrader account you can fund using one of our 8 funding options including: Credit/Debit card, Moneybookers, local bank transfer (transferring to a bank in your country), wire transfer, Webmoney, Bpay, broker to broker transfer and branch deposits.

Features

  True ECN

  Market leading spreads and low commissions

  Servers in the LD5 IBX Equinix Data Center

  Leverage of up to 1:500

  Micro lot trading – Minimum lot size of 0.01 with no maximum

  Flexible funding and withdrawing options

  Level II pricing with full market depth

  No restrictions on limit orders

  Multiple order types

  Detachable charts

  Expanded symbol display

  Real-time reports

  One-click trading

Benefits

  Trade against the market with no deal desk intervention

  Save money every time you trade with our low costs

  Enjoy the fastest ultra low latency execution possible

  Chose a leverage to suit your strategy and trading style

 Have greater control over your risk with micro lots

  Move money in and out of your trading account with ease.