True STP/ECN trading platform
cTrader is the first trading platform that has bridged the gap between the institutional and retail markets. By doing so, cTrader has revolutionised relationships between traders and brokers, allowing for more transparency and empowering traders to reach previously unseen heights.
cTrader approach to STP/ECN
cTrader has made sure that retail brokers are provided with the same tools and opportunities that had previously been available to institutional brokers only. By giving retail brokers access to the STP/ECN model, cTrader has also eliminated the conflict of interest between traders and brokers. Instead of trading against their clients, brokers have become incentivised to prolong the trader lifecycle by offering valuable features and fair trading conditions.
Key benefits of the STP/ECN solution
cTrader’s implementation of its STP/ECN model has allowed forex stakeholders to achieve the following benefits:
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Traders have received access to conditions that, on average, are at least as good (if not better) than the conditions typically enjoyed by banks (e.g. frequent negative spreads)
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The overall amount that traders have to pay on spreads has decreased dramatically, enabling traders to allocate more of their funds to placing new orders
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VWAP execution of tickets of any size has become the industry standard for fairness and transparency, regardless of brokers’ business models
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Brokers now have no need for requote mechanisms
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Overall, order execution has become significantly faster
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As part of the non-dealing desk approach, dealers cannot interfere with order execution prices
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