Prop Firms That Use cTrader 2024 - ProprietaryFirms.com (2024)

  • Our Top Prop Trading Firms with cTrader
  • Comparison Table of Prop Firms with cTrader
  • FTMO
  • Alphachain Traders
  • FX Expert Funded
  • What is cTrader?
  • cTrader vs MetaTrader For Prop Trading
  • Final Thoughts

With proprietary trading becoming more and more popular in recent years, there are plenty of prop firms to choose from. One of the key things that will help you make a decision is the trading platform that they offer. If you are a cTrader user, then you will probably want to consider prop firms that use cTrader. This will save you needing to learn a new platform from scratch and enable you to continue using your own trading strategy. This can be vital if you are going to successfully pass a prop firm challenge and get a funded account at the end of it.

Prop Firms That Use cTrader

Our Top Prop Trading Firms with cTrader

Editor choice 1

FTMO Review

FTMO is an award-winning prop trading firm where you can take part in challenges to qualify to trade the company’s capital and receive up to $2 million in funds and keep 90% of profits. The company provide you with support along the way and will even cover the losses.

9.5

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2 Prop Firms That Use cTrader 2024 - ProprietaryFirms.com (2)

Alphachain Traders Review

Alphachain Traders provide training and accredited funded trader programmes to hundreds of traders all over the globe.

8.7

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Prop Firms That Use cTrader

Comparison Table of Prop Firms with cTrader

Prop Firms That Use cTrader

FTMO

With MT4, MT5, and cTrader accounts, which are all powered by data feeds directly from a pool of premier liquidity providers, FTMO give the greatest trading conditions to all of their clients. With extremely cheap commissions, no mark-up, and super-raw spreads on all demo trading accounts, they try their best to replicate the actual market conditions.

Pros

  • One-time fee only (no recurrent charges or other fees)
  • No limits or restrictions on your trading style
  • Choice of platforms (MT4, MT5, cTrader)
  • Access to some handy trading apps designed to help you with risk management and profit maximization
  • Trade Forex, Commodities, Indices, Crypto, Stocks, Bonds
  • No limits on the volume traded (lot size)
  • Leverage up to 1:100
  • FTMO’s scaling plan allows their most skilled traders access to up to $2 million of trading capital
  • A thorough account analysis for every account
  • The fee will be reimbursed to you with the first Profit Split
  • Customer Support in 17 languages
  • The most trusted and reputable Prop Trading Firm in the industry
  • So many traders have used FTMO over the years that there is an incredible amount of trader-generated resources available, including lots of great advice on how to pass the FTMO Challenge

Cons

  • Strict requirements for the test period
  • Steep 10% profit target for the first step of the FTMO evaluation, however, it eventually drops to 5% for the second verification stage
  • FTMO keeps all traders on demo accounts, even those that have passed the FTMO Challenge and become fully funded
  • In order to receive a funded account, traders must first pass the FTMO Challenge, followed by a verification stage

9.5

FTMO Editor choice

FTMO is an award-winning prop trading firm where you can take part in challenges to qualify to trade the company’s …

Visit Website

Read full review

Prop Firms That Use cTrader

Alphachain Traders

Alphachain Traders utilise the powerful cTrader, a market-dominating professional trading platform with cutting-edge trading capabilities including partial deal closes, multiple take profit levels, and many other features. Moreover, cTrader offers a simple and eye-catching user interface suitable for traders of all experience levels.

Pros

  • Scale up to $1,280,000
  • Excellent trading courses
  • Suitable for traders of all experience levels
  • Professional trading platforms
  • Good trading conditions
  • Vast array of financial instruments
  • Instant funding accounts
  • Get funded in 24 hours
  • CPD accredited training
  • They cover the risks
  • Top notch support
  • Leverage up to 1:100

Cons

  • Expensive programs
  • 50% profit share below industry average
  • Weekend holding and news trading not allowed
  • Minimum 30 trading days
  • No free trials

8.7

Alphachain Traders

Alphachain Traders provide training and accredited funded trader programmes to hundreds of traders all over the globe.

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Prop Firms That Use cTrader

FX Expert Funded

You can trade on the MetaTrader and cTrader platforms with FX Expert Funded. These are the industry standard trading platforms that are used by millions of retail forex traders around the globe. Whatever your trading style, you can trade manually and run automated trading strategies in MetaTrader. There are plenty of free and paid trading tools to analyse the FX market and make informed trade decisions.

Pros

  • Instant funded accounts
  • Achievable profit targets of 5-10%
  • Flexible trading conditions
  • MT4, MT5 and cTrader platforms
  • Good range of forex currency pairs
  • Forex trading courses available
  • Around the clock support
  • Trading competitions
  • Competitive scaling plan

Cons

  • 50/50 profit share not the highest
  • Mixed online reviews
  • Maximum leverage is 1:30
  • No free trial

7

FX Expert Funded

FX Expert Funding is a forex proprietary trading firm that offers funded forex accounts from $2,000 to $100,000 without …

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Prop Firms That Use cTrader

What is cTrader?

cTrader is a complete trading platform solution for retail and professional traders. The platform is packed with a full range of features to cater to each and every investment preference imaginable. You can use cTrader for manual and automated trading across various financial markets, including forex, stocks, commodities, indices and cryptocurrencies. The cTrader platform is user-friendly enough to be suitable for beginners, whilst packing a big enough punch for even the most demanding of traders. Whatever your trading strategy and plan, cTrader can bring it to life.

cTrader Trade

Leading multi-asset Forex and CFD trading platform cTrader provides complex order types, level II pricing, comprehensive charting tools, and quick entry and execution. It has a gorgeous user interface, is linked to the most cutting-edge backend technology, and is made available across a variety of devices.

cTrader Copy

Anybody may sign up to be a Strategy Provider on cTrader Copy and advertise their trading method in exchange for a commission or fee. Other traders may go over the available methods, duplicate them, and enjoy risk-free investment. Traders can also apply their own risk management preferences.

cTrader Automate

With the help of the strong and user-friendly cTrader Automate solution, traders may create algorithmic trading robots to automate their trading tactics. Traders may create code in the integrated development environment, test and refine their robots and custom indicators, and more using cTrader’s cutting-edge C# API.

cTrader Open API

Use the Open API of cTrader to create your own applications. It is a universally available, safe, and free API. The proven technologies of cTrader may be used by developers to create online, mobile, or desktop applications that can connect to any cTrader account and execute trades with it.

cTrader FIX API

Any trader who has a cTrader account has access to the industry-standard FIX API trading interface. There are no fees, obligations, or administrative hassles associated with access. FIX API rules of engagement have been devised primarily for the requirements of retail traders, and have been further enhanced to allow trading using Hedging Accounts.

cTrader Web

Any popular browser may quickly and easily access all cTrader features using cTrader Online. Users of Windows, Mac, or Linux operating systems can access cTrader using the solution, which is available without installation.

cTrader Mobile

On their mobile device, traders may download the native cTrader app from the iTunes Store or Google Play Store. These versions support effective on-the-go trading and analysis from any location in the globe and are tailored for tablet screens.

Prop Firms That Use cTrader

cTrader vs MetaTrader For Prop Trading

One of the first decisions that new traders in particular have to face is choosing which trading platform to use to enter the market. This can depend on numerous factors including your trading style and the platforms that your chosen prop firm provides. Whilst the MetaTrader 4/5 platforms remain the most common platforms you will find with most proprietary trading firms, cTrader is another popular option.

The comparison of trading platforms may be done from a variety of angles, with varying degrees of success. This is perfectly acceptable because each trader has various needs depending on their style of trading. For traders who have been trading for some time, picking MetaTrader as a trading platform is a no-brainer simply because it has been with them since the beginning.

Nevertheless, the new generation of traders may not appreciate its interface and controls. They will then make a rational decision, such as selecting cTrader or another cutting-edge trading platform. Truth be told, both of these trading platforms have plenty of trading tools and features to make informed trading decisions.

No other trading platform is likely to unseat the MetaTrader trading platform from its position as one of the most well-liked trading platforms available. After all, it stood at the beginning of retail trading as we know it today as well as the trading careers of the majority of seasoned traders, who went on to train the less experienced ones.

Whatever the case, the fact that this platform was founded in 2004 is still a fact, which is sometimes apparent in its old graphic style or less-than-intuitive functions. Last but not least, it is also important to note that MetaQuotes has stopped publishing fresh versions of MT4 as of 2021, which means that this platform is no longer developed and has reached a standstill. However, MT5 is still going strong.

The much more recent cTrader from Spotware is a dynamic platform, according to its makers, who say that every new version is based on customer input. As a result, it is a contemporary, quick, and user-friendly platform that will particularly appeal to all novice traders who haven’t had a chance to get acquainted to the well-liked MetaTrader.

Prop Firms That Use cTrader

cTrader Pros & Cons

Pros

  • User-friendly trading interface
  • Powerful charting package
  • Professional trading tools
  • Excellent market analysis
  • Supports manual and automated trading strategies
  • Fully customisable interface
  • Easy to navigate between tabs and features
  • Supports more than 20 languages
  • Accessible from any device – mobile, computer, laptop, or a tablet

Cons

  • Not the best platform for automated trading
  • Not many cTrader prop firms to choose from
  • Not compatible with many brokers

Prop Firms That Use cTrader

Final Thoughts

There aren’t that many prop firms with cTrader, but that is probably because it is not as popular as alternative trading platforms such as TradingView and MetaTrader. However, that does not mean that cTrader is not as good, quite the opposite. The cTrader platform is considered one of the best trading platforms for professional traders who might feel restricted by other retail platforms that have been developed to cater to new traders. If you want to take your trading to the next level or if you are already familiar with the cTrader platform, then a prop firm that uses cTrader is a great option to consider.

Prop Firms That Use cTrader 2024 - ProprietaryFirms.com (2024)

FAQs

What is the best prop firm in forex 2024? ›

List of best-funded prop firms in 2024
  • My funded Capital. To succeed in the financial market, every trader must be acquainted with the right prop trading firms to maximize their profit. ...
  • Topstep. Topstep is a prop firm specializing in the futures market. ...
  • Earn2Trade. ...
  • ApexTrader. ...
  • Trade Day. ...
  • MyFundedFutures.
May 3, 2024

Which prop firm is the most reliable? ›

Overview: Apex Trader Funding is the best futures prop trading firm on this list for a variety of reasons, but most notably because it boasts the highest pass rate for its evaluation program out of all the futures prop firms on this list. It is also by far the most friendly option for beginner futures traders.

Do prop firms really pay out? ›

Statistics on Average Trader Payouts

Profit Split: The average prop firm will offer a 80-20 profit split once you become a funded trader. TFT, on the other hand, gives up to a 90% split, — even as high as 95% in some promotions — the highest in the industry.

What is the catch with prop firms? ›

Among many other potential factors, the main disadvantages of prop trading arise from being classified as a market professional, unfavorable profit sharing, and whether your net trading profits are taxed as capital gains or ordinary personal income.

Which prop firm is better than FTMO? ›

FTMO 's top competitors in June 2024 are: FunderPro, the5ers and more. FunderPro is currently rank as the number one on the list of top Forex Prop Firms.

Which prop firm has the fastest payouts? ›

FunderPro stands out for its rapid payouts in the prop trading industry. With some competitors taking weeks to process payouts, FunderPro prioritizes swift transactions, ensuring traders receive their earnings promptly.

Do prop firms actually copy your trade? ›

It takes no additional effort to replicate your trades to multiple prop firm funded accounts. In fact, most traders that do this use a trade copier system to replicate their trades automatically. This allows you to increase your profits with the exact same amount of work.

What happens if you lose money in a prop firm? ›

Proprietary trading firms often provide evaluation accounts where you prove your trading skills. Usually, you pay a one-time fee to enter this “challenge.” If you lose money during this evaluation, you won't owe anything beyond the initial fee.

How to know if a prop firm is legit? ›

Look for the firm on rating sites (such as TrustPilot). See if the firm is on lists of good prop firms (such as this one). Read what traders say about the firm. Remember, though, that ratings sometimes can be manipulated, and reviews can be fake.

Which prop firm is the cheapest? ›

Cheapest Prop Firms Forex 2024 - with $5K Funding Accounts...
  1. The5%ers. The5%ers specializes in providing funding of up to $100,000 to forex traders. ...
  2. FTMO. ...
  3. MyForexFunds. ...
  4. Earn2Trade. ...
  5. The Funded Trader Program. ...
  6. OneUp Trader. ...
  7. Apex Trader Funding. ...
  8. True Trader.
Feb 27, 2024

Why is proprietary trading bad? ›

Personal Risk: One of the significant drawbacks of prop trading is the potential personal financial risk. If a trader doesn't perform well, they may lose their deposit, and in some cases, their job. Loss Limitations: Prop firms often implement daily loss limits to protect their capital.

How many people fail prop firms? ›

According to it, 4% of traders, on average, pass prop firm challenges. But only 1% of traders kept their funded accounts for a reasonable amount of time. While this result is not nearly as bad as the one discussed earlier, it still looks bleak for prospective prop traders. But why is the percentage of failure so high?

Which is the best prop firm for forex? ›

The most popular prop trading firms and funded programmes
  • Axi Select.
  • FTMO.
  • The Forex Funder.
  • E8 Markets.
  • The 5%ers.
  • Funded Next.
  • Funded Trading Plus.

What is the future of prop firms? ›

The prop trading space is relatively new—no more than 10 years old—but growing fast. It was estimated at $6.7 billion globally in 2020 and is projected to expand at a compound annual growth rate (CAGR) of 4.2% from 2021 to 2028. Like any financial strategy, it offers significant opportunities as well as risks.

What are the most reputable futures prop firms? ›

Quick Look: Best Prop Trading Firms
  • Best Futures Trading Prop Firm: Apex Trader Funding.
  • Best for Experienced Traders: FXIFY.
  • Best for Stock Traders: Trade the Pool.
  • Best for Forex, Indices and Metal Traders: The 5%ers.
  • Best for Seasoned and Undercapitalized Traders: Top One Trader.
  • Best for Instant Funding: Instant Funding.
Jun 7, 2024

Did FTMO ban US traders? ›

In what appears to be related to the latest MetaQuotes crackdown on the proprietary trading landscape, prop firm FTMO has stopped onboarding US clients, Finance Magnates has learned. New traders attempting to register from a US IP address were unable to complete the registration form.

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