Best cTrader Brokers In 2024

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Written By
James Barra
James is an investment writer with a background in financial services. As a former management consultant, he has worked on major operational transformation programmes at prominent European banks. James authors, edits and fact-checks content for a series of investing websites.
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Edited By
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Edited By
Christian Harris
Christian is a seasoned journalist with decades of experience. He transitioned from tech journalism to finance to follow his interest in investing. He has been trading stocks, futures, forex, and cryptocurrencies for more than 5 years, becoming an eToro Popular Investor. With hands-on expertise across various assets, he offers valuable trading insights.
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Fact Checked By
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William Berg
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
Updated

Searching for the perfect cTrader broker? Explore DayTrading.com’s selection of the best brokers with cTrader, personally tested and rated by our experts which includes longtime users of the platform.

Top 10 Brokers With cTrader

As of our latest hands-on tests in November 2024, these are the 10 top brokers that support cTrader:

Click a broker for details
  1. 1
    IC Markets

    Ratings
    4.6 / 5
    4 / 5
    3.5 / 5
    4.6 / 5
    4 / 5
    4.5 / 5
    4 / 5
    3.5 / 5
    3.1 / 5
    4.2 / 5

    $200
    0.01 Lots
    1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
    ASIC, CySEC, FSA, CMA
    CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
    MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade
    PayPal, Skrill, Neteller, Visa, UnionPay, Wire Transfer, Rapid Transfer, Mastercard, POLi, BPAY, Credit Card, Klarna, Swift, SafeCharge
    USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD
  2. 2
    Deriv

    Ratings
    3.5 / 5
    4 / 5
    4.8 / 5
    3.3 / 5
    4.5 / 5
    3.8 / 5
    2.5 / 5
    3.8 / 5
    4.2 / 5
    4.5 / 5

    $5
    0.01 Lots
    1:1000
    MFSA, LFSA, BVIFSC, VFSC, FSC, SVGFSA
    CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs
    Deriv Trader, Deriv X, Deriv Go, MT5, cTrader, TradingView
    Neteller, Visa, Skrill, WebMoney, FasaPay, Perfect Money, Diners Club, Banxa, Paytrust, Wire Transfer, Mastercard, Credit Card, JCB Card, Sticpay, Trustly, Volet, Paysafecard, AstroPay, Maestro, Airtm, Boleto, JetonCash, Przelewy24, Bitcoin Payments
    USD, EUR, GBP
  3. 3
    IC Trading

    Ratings
    2.8 / 5
    3.5 / 5
    3 / 5
    4 / 5
    4 / 5
    2.8 / 5
    3 / 5
    2.2 / 5
    4.8 / 5
    4.6 / 5

    $200
    0.01 Lots
    1:500
    FSC
    CFDs, Forex, Stocks, Indices, Commodities, Bonds, Cryptos, Futures
    MT4, MT5, cTrader, AutoChartist, TradingCentral
    PayPal, Neteller, Mastercard, Visa, Wire Transfer, Debit Card, Credit Card
    USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD
  4. 4
    Pepperstone
    CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.8% of retail investor accounts lose money when trading CFDs.

    Ratings
    4.6 / 5
    4 / 5
    3.8 / 5
    4.4 / 5
    4.4 / 5
    4.6 / 5
    4.3 / 5
    4 / 5
    4.4 / 5
    4.1 / 5

    $0
    0.01 Lots
    1:30 (Retail), 1:500 (Pro)
    FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB
    CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting
    MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade
    Visa, Mastercard, Credit Card, Debit Card, PayPal, Wire Transfer, POLi, UnionPay, BPAY, Neteller, Skrill, PIX Payment
    USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD
  5. 5
    BlackBull Markets

    Ratings
    3.8 / 5
    3.8 / 5
    3.9 / 5
    4 / 5
    4.1 / 5
    3.7 / 5
    4 / 5
    3.5 / 5
    3.7 / 5
    3.7 / 5

    $0
    0.01 Lots
    1:500
    FMA, FSA
    Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos
    MT4, MT5, cTrader, TradingView, AutoChartist
    Neteller, Skrill, Visa, UnionPay, FasaPay, Mastercard, Credit Card, Bitcoin Payments, Debit Card, Boleto
    USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, SGD
  6. 6
    FxPro

    Ratings
    4.5 / 5
    3.8 / 5
    4.2 / 5
    4.3 / 5
    4.5 / 5
    4.1 / 5
    4.4 / 5
    4.3 / 5
    4.7 / 5
    4.3 / 5

    $100
    0.01 Lots
    1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited)
    FCA, CySEC, FSCA, SCB, FSC
    CFDs, Forex, Stocks, Indices, Commodities, Futures
    FxPro Platform, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade
    Wire Transfer, Credit Card, PayPal, Skrill, Neteller, Maestro, Mastercard, Visa
    USD, EUR, GBP, AUD, JPY, ZAR, CHF, PLN
  7. 7
    Fusion Markets

    Ratings
    3.5 / 5
    4 / 5
    3.3 / 5
    4.4 / 5
    4 / 5
    4.5 / 5
    3.5 / 5
    1.3 / 5
    4.8 / 5
    4.4 / 5

    $0
    0.01 Lots
    1:500
    ASIC, VFSC, FSA
    CFDs, Forex, Stocks, Indices, Commodities, Crypto
    MT4, MT5, cTrader, TradingView, DupliTrade
    Visa, Skrill, Neteller, Mastercard, PayPal, Bitcoin Payments, FasaPay, Perfect Money, Doku Wallet, Wire Transfer, Credit Card, Debit Card, Dragonpay, Sticpay, Ethereum Payments, TransferWise, AstroPay, PayID, JetonCash
    USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD
  8. 8
    Axiory

    Ratings
    2.8 / 5
    4 / 5
    3.3 / 5
    3.8 / 5
    3.9 / 5
    3.5 / 5
    3.5 / 5
    3.5 / 5
    0 / 5
    0 / 5

    $10
    0.01 Lots
    1:1000
    IFSC Belize
    Forex, CFD indices, commodities
    MyAxiory App, MT4, MT5, cTrader, AutoChartist
    Neteller, Visa, Skrill, Sticpay, Paysafecard, Cashu, Credit Card
    USD, EUR
  9. 9
    Skilling
    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

    Ratings
    3.5 / 5
    3.9 / 5
    3.5 / 5
    3.5 / 5
    4 / 5
    4.5 / 5
    3.3 / 5
    3.8 / 5
    5 / 5
    4.2 / 5

    $100
    0.01 Lots
    1:1000
    CySEC, AFM
    Forex, CFDs, Stocks, Indices, Commodities and Cryptos
    Skilling Trader, MT4, cTrader, TradingView
    Visa, Mastercard, Neteller, PayPal, Trustly, Skrill, Klarna, Apple Pay, Wire Transfer
    USD, EUR, GBP, SEK, NOK
  10. 10
    TopFX
    100% Universal Bonus T&Cs Apply

    Ratings
    3 / 5
    3 / 5
    3 / 5
    4 / 5
    3 / 5
    3.5 / 5
    3.5 / 5
    0.5 / 5
    0 / 5
    0 / 5

    $50
    0.01 Lots
    1:500
    CySEC, FSA
    CFDs, Forex, Shares, Indices, Metals, Energies, ETFs, Cryptocurrency
    MT4, cTrader, AutoChartist, TradingCentral
    Visa, Mastercard, Debit Card, Credit Card, Wire Transfer, Swift, Apple Pay, Google Wallet, Skrill, Neteller, Bitcoin Payments, Ethereum Payments, Perfect Money, Dragonpay, M-Pesa, FasaPay, PIX Payment, Sticpay, Bitwallet, Przelewy24, Sofort, iDeal
    USD, EUR, GBP

Here is a summary of why we recommend these brokers:

  1. IC Markets - IC Markets is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 180,000 clients from over 200 countries.
  2. Deriv - Established in 1999, Deriv is an innovative broker now serving over 2.5 million global clients. The firm offers CFDs, multipliers and more recently accumulators, alongside its proprietary derived products which can't be found elsewhere, providing flexible short-term trading opportunities.
  3. IC Trading - IC Trading is part of the established IC Markets group. Built for serious traders, it boasts some of the most competitive spreads, reliable order execution, and advanced trading tools. The catch is that it’s registered in the offshore financial centre of Mauritius, enabling it to offer high leverage but in a weakly regulated trading setting.
  4. Pepperstone - Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for day traders at all levels.
  5. BlackBull Markets - BlackBull is a New Zealand-based CFD broker with trading opportunities on forex, stocks, indices, commodities and cryptos. The broker supports the MetaTrader 4 and 5 platforms as well as TradingView, cTrader and a proprietary mobile app. Clients can trade with high leverage and tight spreads from 0 pips on the broker's ECN accounts.
  6. FxPro - Founded in 2006, FxPro is an established forex, CFD and spread betting broker offering 2100+ assets to over 2 million clients worldwide. The broker is regulated in 4 jurisdictions and offers reliable 24/5 customer support, earning it a high trust and safety score. FxPro has also picked up more than 100 industry accolades for its competitive trading conditions, including fast execution and deep liquidity.
  7. Fusion Markets - Fusion Markets is an online broker established in 2017 and regulated by the ASIC, VFSC and FSA. It is best known for its low-cost forex and CFD trading, although its multiple account types and copy trading solutions cater to a range of traders. New clients can sign up and start trading in 3 easy steps.
  8. Axiory - Founded in 2011, Axiory is a regulated forex and CFD broker offering tight spreads and highly leveraged trading on industry-leading platforms: MT4, MT5 and cTrader. The broker has won multiple global awards and is regulated by the FSC in Belize and the FSC in Mauritius.
  9. Skilling - Skilling is a multi-asset broker founded in 2016 and based in Cyprus. The brand offers hundreds of day trading instruments with competitive spreads from 0.1 pips and beginner-friendly platforms. Skilling are also regulated in Europe and beyond with a transparent pricing structure. You can sign up and start trading in three easy steps.
  10. TopFX - TopFX, a Cyprus-headquartered company, has been an instrumental player in the financial services industry since its establishment in 2010, earning a solid reputation as a reliable broker for active traders. Initially, the company offered liquidity services to institutional clients, including hedge funds, banks, and brokers. However over the years, TopFX has grown to include retail traders in its clientele. It was one of the first brokers in the world to offer cTrader, a testament to its commitment to innovation.

Best cTrader Brokers In 2024 Comparison

Best cTrader Brokers In 2024 Comparison
Broker cTrader Integration Demo Account Trading Instruments Broker Regulators Minimum Deposit
IC Markets logo
CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto ASIC, CySEC, FSA, CMA $200
Deriv logo
CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs MFSA, LFSA, BVIFSC, VFSC, FSC, SVGFSA $5
IC Trading logo
CFDs, Forex, Stocks, Indices, Commodities, Bonds, Cryptos, Futures FSC $200
Pepperstone logo
CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB $0
BlackBull Markets logo
Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos FMA, FSA $0
FxPro logo
CFDs, Forex, Stocks, Indices, Commodities, Futures FCA, CySEC, FSCA, SCB, FSC $100
Fusion Markets logo
CFDs, Forex, Stocks, Indices, Commodities, Crypto ASIC, VFSC, FSA $0
Axiory logo
Forex, CFD indices, commodities IFSC Belize $10
Skilling logo
Forex, CFDs, Stocks, Indices, Commodities and Cryptos CySEC, AFM $100
TopFX logo
CFDs, Forex, Shares, Indices, Metals, Energies, ETFs, Cryptocurrency CySEC, FSA $50

IC Markets

"IC Markets offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders."

Christian Harris, Reviewer

IC Markets Quick Facts

Demo AccountYes
InstrumentsCFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
RegulatorASIC, CySEC, FSA, CMA
PlatformsMT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade
Minimum Deposit$200
Minimum Trade0.01 Lots
Leverage1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
Account CurrenciesUSD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

  • IC Markets offers among the tightest spreads in the industry, with 0.0-pip spreads on major currency pairs, making it especially cost-effective for day traders.
  • As a tightly regulated and widely respected broker, IC Markets prioritizes client security and transparency, helping to ensure a reliable trading experience globally.
  • You have access to over 2,250 CFDs across various markets, including forex, commodities, indices, stocks, bonds, and cryptocurrencies, allowing for diversified trading strategies.

Cons

  • While IC Markets offers a selection of metals and cryptos for trading via CFDs, the range is not as extensive as brokers like eToro, limiting opportunities for traders interested in these asset classes.
  • There are fees for certain withdrawal methods, including a $20 wire charge, which can eat into profits, especially for frequent withdrawals.
  • The breadth and depth of tutorials, webinars and educational resources still need work, trailing alternatives like CMC Markets and reducing its suitability for beginners.

Deriv

"Deriv is ideal for active traders seeking alternative and unique ways to speculate on global financial markets, from multipliers and accumulator options to its bespoke synthetic indices, which mimic real market movements and are available 24/7, allowing for continuous trading opportunities regardless of market hours."

Christian Harris, Reviewer

Deriv Quick Facts

Demo AccountYes
InstrumentsCFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs
RegulatorMFSA, LFSA, BVIFSC, VFSC, FSC, SVGFSA
PlatformsDeriv Trader, Deriv X, Deriv Go, MT5, cTrader, TradingView
Minimum Deposit$5
Minimum Trade0.01 Lots
Leverage1:1000
Account CurrenciesUSD, EUR, GBP

Pros

  • Account funding is a breeze with a very low minimum deposit of $5 and a huge selection of payment options, plus Tether was added to the cashier in 2023.
  • After integrating TradingView and adding MT5 web trader, Deriv now offers a first-class selection of charting tools across desktop, web and mobile devices.
  • Although response times trail alternatives in our personal experience, Deriv offers 24/7 support and is one of the few brokers to offer WhatsApp assistance.

Cons

  • Leverage up to 1:1000 will appeal to traders with a large risk appetite but frustratingly there is no ability to flex the leverage in the account area.
  • While the Academy launched in 2021 is a step in the right direction, there is limited education on advanced trading topics for seasoned traders and no live webinars to upskill new traders.
  • Although there’s a basic blog, there's little in terms of technical analysis or market reports which could help active traders identify potential opportunities.

IC Trading

"With superior execution speeds averaging 40 milliseconds, deep liquidity, and powerful charting software, IC Trading delivers an optimal trading environment tailored for scalpers, day traders, and algorithmic traders. "

Christian Harris, Reviewer

IC Trading Quick Facts

Demo AccountYes
InstrumentsCFDs, Forex, Stocks, Indices, Commodities, Bonds, Cryptos, Futures
RegulatorFSC
PlatformsMT4, MT5, cTrader, AutoChartist, TradingCentral
Minimum Deposit$200
Minimum Trade0.01 Lots
Leverage1:500
Account CurrenciesUSD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

  • IC Trading provides industry-leading spreads, including 0.0-pip spreads on major currency pairs such as EUR/USD, making it ideal for day traders.
  • Trading Central and Autochartist are valuable tools for in-depth technical summaries and actionable trading ideas and are accessible from within the account area or the cTrader platform.
  • The simplified and digital account opening process saves time and effort, allowing traders to start trading sooner without extensive paperwork, taking just minutes during testing.

Cons

  • Unlike IC Markets, IC Trading does not support social trading through the group’s IC Social app or the third-party copy trading platform ZuluTrade.
  • Customer support performed woefully during testing with multiple attempts to connect via live chat and no one available to assist, plus unanswered emails, raising concerns about its ability to address urgent trading concerns.
  • Despite being part of the trusted IC Markets group, IC Trading is authorized by a weak regulator - the FSC of Mauritius, with limited financial transparency and regulatory safeguards.

Pepperstone

"Pepperstone stands out as a top choice for day trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/7 support."

Christian Harris, Reviewer

Pepperstone Quick Facts

Demo AccountYes
InstrumentsCFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting
RegulatorFCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB
PlatformsMT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade
Minimum Deposit$0
Minimum Trade0.01 Lots
Leverage1:30 (Retail), 1:500 (Pro)
Account CurrenciesUSD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

  • Pepperstone emerges as a low-cost broker, especially for serious day traders with spreads from 0.0 in the Razor account and rebates of 25%+ through the Active Trader program.
  • Now offering spread betting through TradingView, Pepperstone provides a seamless, tax-efficient trading experience with advanced analysis tools.
  • Award-winning customer support is available via telephone, email or live chat with response times of <5 minutes during testing.

Cons

  • Pepperstone does not support cTrader Copy, a popular copy trading feature built into the excellent cTrader platform and available at alternatives like IC Markets, though it has introduced an intuitive copy trading app.
  • Pepperstone’s demo accounts are active for only 30 days, which may not be not long enough to familiarize yourself with the different platforms and test trading strategies.
  • Despite enhancements to its range of markets, crypto offerings are relatively limited compared to other brokers such as eToro, with no option to invest in real coins.

BlackBull Markets

"BlackBull Markets will suit traders of all experience levels with a growing suite of thousands of tradable instruments, tight spreads and the familiar MetaTrader platforms."

Tobias Robinson, Reviewer

BlackBull Markets Quick Facts

Demo AccountYes
InstrumentsForex, CFDs, stocks, indices, energies, metals, commodities, cryptos
RegulatorFMA, FSA
PlatformsMT4, MT5, cTrader, TradingView, AutoChartist
Minimum Deposit$0
Minimum Trade0.01 Lots
Leverage1:500
Account CurrenciesUSD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, SGD

Pros

  • Responsive customer service during testing
  • Commission-free trading with spreads from 0.0 pips
  • Excellent educational content for beginners

Cons

  • Withdrawal fees with some methods
  • US traders not accepted

FxPro

"FxPro is best for experienced traders looking for wide market access, premium research tools and advanced charting platforms. The competitive fees and fast execution will serve serious short-term traders, whilst the BnkPro investment service will appeal to those looking for long-term e-money solutions."

William Berg, Reviewer

FxPro Quick Facts

Demo AccountYes
InstrumentsCFDs, Forex, Stocks, Indices, Commodities, Futures
RegulatorFCA, CySEC, FSCA, SCB, FSC
PlatformsFxPro Platform, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade
Minimum Deposit$100
Minimum Trade0.01 Lots
Leverage1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited)
Account CurrenciesUSD, EUR, GBP, AUD, JPY, ZAR, CHF, PLN

Pros

  • There's an interactive learning center for beginners with tests, courses, video tutorials and webinars
  • Thousands of CFDs are available across 6 asset classes with a particularly impressive range of indices and precious metals
  • FxPro maintains its position as a top no dealing desk (NDD) broker, with fast execution speeds under 13ms and co-located trading servers with Tier 1 banks

Cons

  • FxPro's services are mainly geared towards experienced investors and beginners may find the broker's fees and accounts complex
  • There's no copy trading service, which reduces the appeal for strategy providers looking to earn extra revenue
  • There are only a handful of payment methods available, compared to the 10+ offered at top competitors like AvaTrade

Fusion Markets

"Fusion Markets is a standout option for forex traders looking for excellent pricing with spreads near zero, industry-low commissions and recently TradingView integration. It’s a particularly good broker for Australian traders where the company is headquartered and regulated by the ASIC."

Jemma Grist, Reviewer

Fusion Markets Quick Facts

Demo AccountYes
InstrumentsCFDs, Forex, Stocks, Indices, Commodities, Crypto
RegulatorASIC, VFSC, FSA
PlatformsMT4, MT5, cTrader, TradingView, DupliTrade
Minimum Deposit$0
Minimum Trade0.01 Lots
Leverage1:500
Account CurrenciesUSD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

  • The market analysis features, Market Buzz and Analyst Views, are great tools for discovering opportunities and conveniently integrated into the client dashboard.
  • The range of charting platforms and social trading features is excellent, with MT4, MT5, cTrader and more recently TradingView, catering to a wide range of trader preferences.
  • Fusion Markets continues to impress with its pricing that provides tight spreads with below-average commissions that will appeal to active day traders.

Cons

  • Fusion Market trails alternatives, notably eToro and IG, in the education department with limited guides and live video sessions to upskill new traders.
  • Traders outside of Australia must sign up with weakly regulated global entities with limited safeguards and no negative balance protection.
  • There is no proprietary trading platform or app built with beginners in mind, a notable drawback compared to AvaTrade.

Axiory

"Axiory remains a top choice for beginners with its low deposit, unlimited demo account and high-quality education. Experienced day traders will also appreciate the advanced capabilities of the cTrader platform, although the range of 150+ instruments may be too restricting."

William Berg, Reviewer

Axiory Quick Facts

Demo AccountYes
InstrumentsForex, CFD indices, commodities
RegulatorIFSC Belize
PlatformsMyAxiory App, MT4, MT5, cTrader, AutoChartist
Minimum Deposit$10
Minimum Trade0.01 Lots
Leverage1:1000
Account CurrenciesUSD, EUR

Pros

  • Axiory offers free, multiple demo accounts in any of the 3 platforms with no expiry, so clients can continuously test their day trading strategies risk-free
  • The broker offers best-in-class charting platforms for both novices and serious day traders, including cTrader with over 50 technical indicators
  • Spreads are decent based on tests, coming in at 0.3 pips for EUR/USD, which is in line with some of the best low-cost forex brokers

Cons

  • The broker’s range of 150+ instruments is much smaller than the hundreds offered by most leading firms
  • Only USD and EUR are accepted as account base currencies, so many clients may have to pay conversion fees
  • It’s a shame that copy trading services are not offered for beginners or strategy providers

Skilling

"Skilling maintains its position as a top pick for beginners looking for a competitive zero commission account with direct access to a copy trading feature. It will also serve experienced strategy providers looking to earn commissions, or anyone looking to trade forex during extended hours."

William Berg, Reviewer

Skilling Quick Facts

Demo AccountYes
InstrumentsForex, CFDs, Stocks, Indices, Commodities and Cryptos
RegulatorCySEC, AFM
PlatformsSkilling Trader, MT4, cTrader, TradingView
Minimum Deposit$100
Minimum Trade0.01 Lots
Leverage1:1000
Account CurrenciesUSD, EUR, GBP, SEK, NOK

Pros

  • The €100 deposit and zero commissions in the Standard account are accessible for beginners
  • Excellent third-party charting platforms are available for serious day traders, with dozens of technical indicators and advanced order types
  • Skilling continues to strengthen its investment offering recently introducing weekend forex trading on 7 currency pairs

Cons

  • You can only access shares in the Skilling Trader platform and fewer instruments are available overall in the MT4 accounts
  • Skilling trails alternatives like IG when it comes to research tools that can help day traders make informed decisions

TopFX

"TopFX is a strong choice for day trading due to ultra-low latency with execution times under 25 milliseconds. It also offers access to advanced charting platforms, MT4 and cTrader, with tight spreads and low commissions that can significantly reduce costs for active traders."

Christian Harris, Reviewer

TopFX Quick Facts

Bonus Offer100% Universal Bonus T&Cs Apply
Demo AccountYes
InstrumentsCFDs, Forex, Shares, Indices, Metals, Energies, ETFs, Cryptocurrency
RegulatorCySEC, FSA
PlatformsMT4, cTrader, AutoChartist, TradingCentral
Minimum Deposit$50
Minimum Trade0.01 Lots
Leverage1:500
Account CurrenciesUSD, EUR, GBP

Pros

  • TopFX is committed to supporting a diverse range of day traders, including those who prefer manual, algorithmic, and strategy-based trading with a choice of three flexible accounts (Zero, Raw and VIP).
  • TopFX continues to deliver first-class support following years of real-money trading with responses on live chat in minutes and email replies in 24 hours for technical assistance.
  • Active traders get reliable trade execution with speeds under 25ms, combined with consistent pricing, no slippage or requotes, and fast deposits and withdrawals during testing.

Cons

  • Although it produces in-house market analysis content, notably the Daily Market Digest, and includes Autochartist and Trading Central, the woeful educational offering is limiting for beginners, especially compared to category leaders like XTB.
  • Despite a growing selection of 600+ instruments, you can't invest directly in real assets, such as stocks, ETFs, and crypto, and TopFX does not offer interest on uninvested cash like alternatives such as IBKR.
  • TopFX supports only two platforms (cTrader and MT4), so there's no option to trade with MT5 or the increasingly popular TradingView. The lack of a proprietary platform for beginner traders is also an entry barrier.

How Did We Choose The Top cTrader Brokers?

To curate our list of the best brokers that support cTrader, we:

  • Took our dynamic directory that currently stands at 265 online brokers;
  • Pinpointed the growing number that provide cTrader on desktop, web or mobile devices;
  • Sorted those firms by their rating, combining 200+ data points with the direct findings of our testers to pinpoint the absolute best.

Infographic explaining DayTrading.com's methodology for finding the top brokers with cTrader platform

What Is cTrader?

cTrader is an online platform for forex trading and CFD trading which was developed by the Spotware Systems Group.

Since its 2011 debut with FxPro, cTrader has soared in popularity with active traders, now integrating with dozens of brokers worldwide.

In particular, we saw interest spike after MetaTrader 4 (MT4) and MetaTrader 5 (MT5) were pulled from app stores in September 2022, with Blackbull Markets, FP Markets and Fusion Markets all adding the platform in the months that followed.

Its popularity is largely due to its impressive charting power and straight through processing (STP) and electronic communication network (ECN) capabilities which help ensure fast execution with minimal slippage – crucial for short-term trading strategies.

What Devices Can I Use cTrader on?

Today, cTrader is offered as a downloadable application for Windows, Mac OS or Linux operating systems, plus as a convenient web trader version.

Reflecting the rising number of mobile traders, there’s also a cTrader app, which can be downloaded to all major devices, including Apple and Android.

What Markets Can I Trade On cTrader?

You can trade various assets on cTrader, depending on the instruments available at your chosen brokerages.

From our investigations, this typically includes currency pairs, stocks, indices, commodities, high-risk cryptos and even spread betting at some partner brokers, such as Pepperstone.

Spotware has made notable improvements to its platform over the years. The result is a powerful, user-friendly platform that caters to active traders at every level.

Recent upgrades include the addition of overlay indicators in cTrader desktop and the Market Replay feature in 2023, plus optimization upgrades to cBots and enhanced backtesting performance in 2024.

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James Barra
Author

Key Features

Interface

cTrader offers a clean, modern and visually appealing layout, especially compared to alternatives like MetaTrader.

There are different layouts you can choose and you can also detach charts and customize them as needed. Additionally, there’s the option to switch between dark and light themes, which is a nice touch.

cTrader interface
cTrader interface
I appreciate the user interface on cTrader. It’s clean and intuitive, and it makes navigating through charts, order types, and account settings straightforward. Everything feels well-organized, which makes my trading sessions smoother.
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Christian Harris
Contributor

Market Depth Functionality

Contrary to only one kind of market depth offered by MetaTrader 5, cTrader displays three types of market depth and level 2 pricing:

cTrader Depth Of Market
cTrader Standard Depth Of Market
cTrader Price Depth Of Market
cTrader Price Depth Of Market
cTrader VWAP Depth Of Market
cTrader VWAP Depth Of Market

Charting

cTrader’s charting features are both intuitive and user-friendly, with excellent customization options to suit different preferences.

cTrader charting
cTrader charting
cTrader technical analysis
cTrader chart modes
cTrader technical analysis
cTrader technical analysis
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Check out cTrader’s YouTube channel for helpful, easy-to-follow videos on how to set up and get the most out of your charts.

Order Types

You can execute four order types: market, limit, stop and stop limit.

For each one, a window will appear where you can adjust your parameters, set price alerts, choose the market range and expiry dates. You will then need to utilize the risk management parameters and set the stop loss and take profit levels.

cTrader pending orders
cTrader order types

You can edit or cancel a open pending order by clicking on the ‘Modify’ button next to the instrument in your TradeWatch panel. Here you can edit the entry price, expiry date, stop loss and take profit, as well as trailing stop.

TradeWatch

Located at the bottom of your screen, the TradeWatch panel allows you to enter or leave trades, view and modify positions, and manage transactions. You can also set advanced take profit and stop loss levels for a position, by clicking on the ‘Advanced Protection’ settings.

Advanced take profit will automatically initiate a partial close on a position when it reaches the desired profit level. The advanced stop-loss allows for more precise control over pip movements at the stop loss point.

cTrader TradeWatch
cTrader TradeWatch

cTrader Automate

cTrader Automate (formerly known as cAlgo) allows traders to build their own automated trading robots (cBots) and custom indicators using the C# programming language on the cTrader open API.

The integrated solution supports manual backtesting in replay mode against historical data, an in-built code editor and a deal map.

The main advantage of cBots is that trades can be entered more precisely and quickly than a human can process manually. Indicators can be used for manual trading but can also be integrated into cBots to indicate trends and provide signals. Some popular cBots include the scalping or moving average bot, as well as the TradingView charting package bot.

To create and run a cBot or indicator, click on ‘New’ from inside the ‘cBots’ or ‘Indicator’ tab where a new template will be created with a default code. The user guide online contains instructions on how to optimise the codes, as well as other sample codes.

cTrader automated trading
cTrader automated trading

Copy Trading

cTrader Copy is fully integrated within the platform and allows for a variety of copy trading strategies.

You can access the feature by clicking on the ‘Copy’ tab in the main left-hand window. This allows you to check available strategies, compare history and fees, and start copying in just a few clicks.

cTrader copy investing
cTrader copy investing

You can easily search Strategy Providers and filter by age, fee amount, number of trade copiers, or the capital amount. Once you have chosen a provider, click on their cTrader ID to expand additional information such as average profit and total own funds.

Note that you can copy any strategy with a demo account if the strategy provider has selected ‘allow copying for Demo.’ The strategy provider can also ‘allow copying for Live’ (real money) copiers.

Once you have selected a provider, your allocated funds will be converted into a copy trading account and all the open positions of the strategy are opened for you with the current market rates. You can stop copying and restart again at any time by going into the copy trading account settings.

If you’re unsure whether copy trading is for you, there are a number of online reviews you can check out. It’s also worth comparing the copy trading function against other popular services such as eToro or ZuluTrade.

cTrader’s copy trading and automated features are really impressive. They’ve allowed me to test automated strategies and even follow other traders’ strategies, which has been a great learning tool and a simple way to diversify.
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Christian Harris
Contributor

Mobile App

Available for smartphones and tablets, including Apple iOS and Google Android devices, the cTrader mobile app features fluid and responsive charts on an attractive and customizable design.

As with the desktop version, you can switch between dark or light mode to suit your preferences. There are also intuitive mobile-adapted features to make trading on-the-go easy and seamless, such as zoom and scroll functionality and QuickTrade mode.

The app supports 5 chart rendering types (bar, candlestick, dots, line and area charts) plus 4 chart types (standard, tick, Renko and range).

Impressively, cTrader Mobile also comes with all 65 technical indicators and 8 drawing tools, as well as a news feed, live market sentiment, price alerts and trade statistics.

You can also fully manage your account transactions and settings straight from the easy-to-navigate dashboard, plus configure your own push and email notifications.

cTrader mobile app
cTrader mobile app
Yet while I love the desktop version, the mobile app can sometimes be frustrating. It sometimes lags, especially when I’m checking trades or trying to make adjustments on the go. It’s reliable enough but could use some improvement on stability.
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Christian Harris
Contributor

cTrader Mobile is available in 22 languages and you can download it in seconds from the App Store for iOS devices, or Google Play for Android phones.

Additional Features

Other impressive features that you will find include:

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If you’re new to the platform, start a demo account. Available from almost every cTrader broker we’ve evaluated, you can get familiar with the platform before risking real money.

cTrader Vs MetaTrader 4

If you’re wondering whether to choose cTrader or MetaTrader 4 (MT4) and how the platforms compare, we’ve weighed up the key criteria:

cTrader Vs MetaTrader 5

If you’re choosing between cTrader or MetaTrader 5 (MT5), consider the following:

One limitation is that not as many brokers support cTrader as they do MetaTrader. I’ve had to search for brokers that offer it, sometimes restricting my choice of finding the best trading conditions.
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Christian Harris
Contributor

Bottom Line

cTrader is no doubt a strong contender against industry giant, MetaTrader 4, with a vast range of technical indicators, Depth of Market options, and competitive web integrations.

Novices may be drawn to the attractive design and automated trading capabilities, though MT4 is likely to remain the overall favourite for experienced traders already familiar with MetaQuotes software.

To get started, use DayTrading.com’s pick of the top cTrader brokers.

FAQ

Which Is The Best cTrader Broker?

This will depend on your specific needs. But see our choice of the best brokers with cTrader, updated for 2024, to see our favorite picks following extensive tests and analysis.

Article Sources

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