Software News

Spotware Connect: cTrader Opens Up for Third-Party App Developers

Mar 29 2013 16:40:27 GMT
By
Maria Nikolova , Forexbrokerz.com Find me on Google+

Spotware Systems, the London-based expert in online trading technology, appears to be on a roll for quite some time: the launch of cTrader, the platform that surprised everyone with its excellent trade execution, has won the company a wide acclaim. Just a few days ago, the duo behind the revolutionary platform: Andrey Pavlov and Ilya Holeu, got the FX Person of the Year 2012 award, given away by information website FXStreet.com.

 
The efforts to improve the customer experience are continuing and Spotware Systems has revealed that it will launch Spotware Connect, an open Application Programming Interface (API) for cTrader. Do not get scared by the complicated API term: what hides behind it is a protocol that allows improved communication between various software agents. In fact, you may be familiar with some open APIs without even realizing it: social networking websites Facebook and Twitter have already introduced their open APIs.
 
The launch of cTrader's open API will allow third-party users to construct their own cTrader systems and to integrate forex-related software that is already present in the market into
the platform. What this means is that if you use cTrader and feel that some functionality is missing to make your experience perfect – you may build it yourself, using the Spotware Connect capabilities, or install an already existing product. Although, since I want to be as frank as possible with you, I'm not sure what else can be added to the platform: it updates so often that one can hardly monitor all of the developments. 
 
The best part about the upcoming API is that it will be open to absolutely everyone – even to forex and software rookies. There will be no restrictions, concerning the broker you're using. 
 
If that's not sufficiently attractive for you, you should know that Spotware Systems promise that Spotware Connect will be as simple as possible to use.
 
The openness of Spotware Connect comes in contrast with recent statements by MetaQuotes Software Corp., the company behind the automated trading platform MetaTrader. The company has been going through a raft of frictions with brokers using third-party software products on the MT. Metaquotes insists that much of this software violates license agreements and creates technical problems, and has warned brokers to avoid using such products on the platform. 
 
As the MT platform is heading towards some restrictions, cTrader's Spotware Connect heads in the opposite direction, offering wider access.  
 
What else does a trader need, apart from a stable platform like cTrader with an open API? A cup of coffee would be nice though, since you're going to spend plenty of time engulfed by this amazing service. 
 
 

About Spotware Systems

 
Spotware Systems is a London-headquartered financial technology provider supplying comprehensive e-FX STP solutions for brokers, banks and their clientele.
Spotware are best known for their flagship NDD (non-dealing desk) and STP (Straight Through Processing) trading platform, cTrader, as well as the algorithmic trading platform cAlgo. The corporate team of more than 60 highly qualified financial and technology experts offers an easily integrated PaaS (Platform as a Service) service to broker-dealers and other financial services firms.
TAGS: spotware systems  forex trading  ctrader  trading platform  api  interface  software  open API  metaquotes  metatrader  spotware connect 

More Forex Software News

Questrade adds StockTwits to its forex platform IQ Edge, upgrades charts

Aug 17 2015 15:47:39

Questrade, Canada’s largest independent online brokerage, has added a number of useful features to IQ Edge, its flagship trading platform.    Now you can take the social pulse of any security with StockTwits. Read more

Admiral Markets MT4 platform now translates SL and TP from pips to dollars

Aug 13 2015 15:53:03

In 2015 Admiral Markets was extremely busy implementing new features in MT4 Supreme Edition requested by clients. Today the FCA authorised forex broker announced the addition of another small, yet important feature clients have requested. Read more

Orbex introduces Strategizer: Build you own forex robot without coding

Aug 10 2015 15:46:43

Orbex and TradeWorks have joined forces to bring you the Orbex Strategizer. Orbex Strategizer is an algorithmic forex trading system that does not require any coding or programming to build an expert advisor. Read more

Admiral Markets' heatmap: A free forex volatility screening tool

Jul 24 2015 10:23:19

Admiral Markets, a FCA regulated forex broker, has added a new tool to  analytics section on its website. From now on, traders can use the Market Heat Map to track price movements & daily trading intelligence in real time. The emphasis is on market volatility. Movement is key. Read more

TradingView raises $3.6M in a Series A round led by iTech Capital

Jul 17 2015 17:11:25

iTech Capital, a Europe-based private equity (PE) fund with a focus on the global digital market, has invested US$3 million in TradingView, a growing social FinTech platform that unites traders and investors from around the world. Read more

Gold-i provides MT4 brokers with forex quotes from Reuters

Jul 09 2015 15:17:21

Gold-i, a financial software solution provider known for its it MT4 liquidity bridge, has partnered with Thomson Reuters to launch an innovative Rate Feed adapter for Thomson Reuters Elektron aimed at B Book clients. Read more

Swissquote launches forex and stock trading app for Apple Watch

Jun 25 2015 15:36:33

Swissquote's Apple Watch App features and advantages:   • Latest financial markets information in real-time on your wrist • Notification on order execution or stocks reaching specific price • 15% of all transactions at Swissquote already done via mobile apps • No other bank ... Read more

The new MT4 for Android: Updated Design, News filter and System journal

Mar 04 2015 18:06:57

The latest MetaTrader 4 Android version features re-designed interface revised according to Google Style Guide recommendations in the same way as it was done to MetaTrader 5 Android.   The mobile application functionality was not overlooked either. Read more

Spotware's copy-trading platform cMirror goes live

Feb 10 2015 18:07:06

Spotware Systems, a forex technology provider best known for its ECN trading platform cTrader  is thrilled to announce that it’s highly anticipated mirror-trading platform “cMirror” has now gone live. Read more

Tradologic partners Autochartist to provide automated technical analysis

Dec 18 2014 16:47:47

Tradologic's binary options platform now comes with integrated chart pattern recognition widget, powered by  Autochartist, a market leader in automated technical analysis. Read more