IC Markets cTrader is an innovative ECN (Electronic Communication Network) trading platform, designed specifically with forex and metals trading in mind. cTrader platform 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. It utilises proven technology that will enable you to take your trading to the next level.
IC Markets cTrader platform brokers gives you access to an deep liquidity in 64 currency pairs plus 13 major equity indices. 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?
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 platform 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 LD5 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. This server is cross connected to our ECN to ensure ultra low latency and the fast execution of your trades.Its 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.
Smart Stop Out
The Smart Stop Out logic in cTrader has been designed to provide maximum protection to trader’s accounts. This logic will replace cTrader’s Fair Stop Out logic because it provides significant benefits for users by using a much more advanced algorithm.
If Margin Level, falls below Smart Stop Out Level then positions will start being closed partially until Margin Level reaches above Smart Stop Out. The logic of Smart Stop Out will only close what is absolutely necessary from the largest position in order to safely restore Margin Level and protect the position itself, the position entry point and the trading account for as long as possible.
Read more information here: cTrader Smart Stop Out
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.
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
Expanded symbol display
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.