No love for cTrader copy-trading?

[MrHyoyatika]

We have a section for Darwinex and from what I see, cTrader copy-trading seems to be....well, of a similar vine, so just curious why we don't have a section for cTrader copy-trading?

Not to mention set-up is so much easier on cTrader; be it you're looking to invest or provide a strategy, as they call it.

I don't have the exact numbers, but I reckon cTrader should be very popular? Anyone with a breakdown of MT4 vs MT5 vs cTrader users?

Cheers.

 

[charles2]

• MT4: ~70–75% of retail traders (still the giant, especially in Asia & Africa).
• MT5: ~15–20% (growing as brokers push it, especially in Europe).
• cTrader: ~5–10% (stronger in Europe, especially among brokers like IC Markets, Pepperstone, and FxPro).

 

[MrHyoyatika]

• MT4: ~70–75% of retail traders (still the giant, especially in Asia & Africa).
• MT5: ~15–20% (growing as brokers push it, especially in Europe).
• cTrader: ~5–10% (stronger in Europe, especially among brokers like IC Markets, Pepperstone, and FxPro).

Thanks for your reply. Interesting though, because IC Markets and Pepperstone are both headquartered in Australia.

 

[charles2]

Exactly — that’s the irony 😊


Even though IC Markets and Pepperstone are both headquartered and ASIC-regulated in Australia, their customer bases are overwhelmingly global.

 

[charles2]

• cTrader is not available in the U.S. due to regulatory constraints.
• Spotware—the company behind cTrader—doesn't directly offer the platform to U.S. clients. They rely on brokers to distribute it, and no U.S.-regulated broker currently offers cTrader, as far as I'm aware.