Effective Symbol Management
cBroker enables you to calibrate your trading environment to the precise way you want it. There is nothing which can’t be tweaked or adjusted to align cTrader with your marketing, risk and revenue management objectives.
You can effectively manage thousands of markets with the option to configure trading sessions and session intervals, promote popular markets, customize symbol names and translations, asset classes, color code, add search tags, edit your historical Trend-bar data and even upload your own.
Range of Markets
cTrader supports an unlimited number of symbols for Spot Forex and CFD trading. This allows you to provide trading instruments for Forex, metals, energies, cryptocurrencies, indices, equities, iShares, exchange traded funds and more.
As an off-the-shelf trading platform solution cTrader has been carefully designed to meet the needs of a wide variety of business and price models. That’s why cBroker supports a wide range of fee structures to manage your revenues appropriately.
Markup and Price Streams
Markup can be added to the bid and ask price of each symbol. Markup can be configured on two levels for absolute flexibility. On the Symbol level markup can be set universally. By using the Price Steams symbol markup profiles can be created and assigned to specific groups allowing you to configure different pricing strategies for each group of clients.
Relative Markup is a feature of Price Streams. Instead of using a definitive markup rate which is applied in points, markup can be set as a percentage of the price of the symbol. Markup is calculated and adjusted dynamically with each new quote received. This feature prevents frequent changes to the settings of markets which move dramatically in a short space of time
Apply trading commissions on a per Group, per Symbol basis for extreme granularity. Choose not only how much commissions is charged, but how they are charged. Commissions can be charged per million USD, per Lot or a percentage of the notional volume of the position. Apply a minimum commission per order and to charge for that commission in USD or the quote currency.
Compliment your Stock CFD offering with automatic dividends payments. Configure the date, time and value paid for each share with the option of different rates for Long and Short positions. Dividends are paid or collected in the form of a deposit or withdrawal, referencing the position which the correlate to. Conveniently upload dividend settings from .CSV files.
Overnight Swaps can be applied for long and short positions, the time Swaps are charged can be chosen, as can the day 3-day swap is charged. Like most settings, Swaps are configured on a per group, per symbol basis. If updating Swaps is a routine task for your organization, don’t worry, Swap rates can be easily adjusted by uploading an excel file and transfer to all other groups in a matter of minutes.
Alongside Swaps, Admin Fees can be applied and are used for trading accounts which have been marked as a Shariah Compliant Swap Free account. Admin Fees are set and charged as USD per Lot, a grace period can be set, this is a period of days where the Admin Fee is not charged. This information is advertised in cTrader to users with this account type.
As a broker you can choose exactly how your symbols are displayed to traders in your cTrader platform, helping you to personalize and promote your product offering.
You can create asset classes and sub-categories to organize your symbols in cTrader. Sub-categories can be color coded and the order which symbols are listed can be customized or sorted into alphabetical order.
Each symbol’s identity can be modified to help your clients discover them, this includes the name, the description and search tags. All of these properties help make it easier for traders to find a symbol using cTrader’s Symbol Finder search functionality.
You can promote selected symbols in the Popular Markets section of cTrader. Those symbols will be shown in the first section of the Symbol Finder to every client on every device. This feature helps you to emphasize your multi asset offering or new additions to your product line-up.
Add your own translations for symbol names and override the default translations used by cTrader. Use this feature to help localize the platform and improve translations, or force the platform to show symbol names in English despite the user’s language preference.