Spotware Releases Web and Desktop 4.4 Versions of cTrader

Mar 29, 2023

A common feature is the ability to share access to trading accounts.

Spotware Systems introduced a new solution Broker, OAuth on Monday.

The Cyprus-based electronic trading technology provider, Spotware Systems, has announced the latest web and desktop 4.4 versions of CTrader, which is its multi-asset forex and contract for difference (CFD) trading platform.

The updated versions, which were announced on Monday, follow the Web 4.3 version released in August and the Desktop 4.3 released in June.

The new Web 4.4 version comes with features, such as easy deposits and withdrawals into demo accounts, and faster loading speeds designed "to level up users’ trading experience."

On the other hand, Desktop 4.4 comes with advanced technical analysis features, such as an updated drawing toolbar and new Fibonacci Timezones, Spotware said.

More on the New Features

However, the newly-added features common to both versions include the ability to share access to one’s trading account and to place orders from the main toolbar.

According to Spotware, with this feature “users can now share, revoke, and waive access to their trading accounts with one fund manager.”

“Access is limited to trading activities and does not include deposits, withdrawals, and copy trading on behalf of the account holder,” the technology provider said.

Spotware added: “Portfolio managers and introducing brokers can access and manage several shared accounts of different users. Access can be managed in the ‘Settings’ tab of the cTrader platform.”

Additionally, the firm pointed out that the shared access feature is available in the Spotware Crossbroker App which was introduced in July.

Other features of the new web version of cTrader include the ability to open the app and display charts in seconds, and to open charts from the main toolbar.

On the other hand, the new desktop version boasts eight additional features which include the ability to view the expanded trading central window from the Active Symbol Panel and the newly-introduced Heikin-Ashi calculation chart.

Broker OAuth

Meanwhile, on Monday, Spotware Systems released Broker OAuth, a new solution it says will revolutionize the mobile trading experience of users.

Spotware explained that the new product makes it possible for traders to simplify the authentication of their details by using their broker’s client area credentials.

On top of that, the solution makes it possible for users to perform actions such as know-your-customer checks and deposits without leaving the trading platform, Spotware said.

Meanwhile, a recent survey by Finance Magnates suggests that cTrader is likely the top alternative trading platform among brokers and traders following the removal of MetaQuotes' MetaTrader 4 and MetaTrader 5 trading apps from the Apple App Store.