Emerging brokerage startups can now access an all-encompassing trading platform, complete with CRM integration and licensing aid, beginning at a price point of €8,000. Similarly, proprietary trading firms (prop firms) can leverage the rapid integration of sophisticated tools and price feed options starting at €6,000, securing a swift and competitive entry into the market.
Spotware Systems has rolled out custom-designed packages aimed at assisting new brokerages and prop firms in their pursuit of a fast and technology-equipped market debut.
The company behind the renowned trading platform, cTrader, has been curating a fintech ecosystem complete with solutions and infrastructure for the past 14 years. Its platform has attracted over 240 brokers and prop firms, boasting a user base of more than 4 million traders. Notable partners include IC Markets, Pepperstone, and Funding Pips. Spotware’s initiative is directed at facilitating a speedy launch for industry newcomers.
“Our mission is to empower fintech startups with the best tools and support to ensure their success in the trading industry. Our new offers are designed to provide a seamless and efficient launch process, leveraging our expertise and technology to help startups thrive.” – Ilia Iarovitсyn, CEO of Spotware
cTrader distinguishes itself with a highly customizable and integrable architecture suited for brokers, offering complete branding control across interfaces for Web, Desktop, macOS, iOS, and Android. Startup brokers gain access to cTrader Algo for creating, backtesting, and optimizing algorithmic trading strategies, along with cTrader Copy for simplifying the process of creating and following successful trading strategies.
Spotware Systems has detailed each package for both brokers and prop firms, highlighting the setup duration, included features, introductory pricing, and the advantages provided.
- Brokerage Startup Offer:
- Setup Time: from 4 weeks
- Features: Complete trading platform, premium features, CRM integration, licensing support, and dedicated training
- Starting Price: from 8,000 EUR
- Benefits: Reduced operational expenses and time, ensuring a smooth launch
- Prop Firm Startup Offer:
- Setup Time: from 2 weeks
- Features: Turnkey solutions, advanced trading tools, CRM connections, and price feed integration
- Starting Price: from 6,000 EUR
- Benefits: Quick deployment, advanced trading environment, and a competitive advantage
Spotware has also announced a partnership with TradingView, which integrates cTrader’s backend with TradingView’s front-end charting software. This collaboration allows for tracking multiple charts, up to eight simultaneously, and introduces advanced technical tools for comprehensive market analysis. Features like specific date navigation and customizable shortcuts are also part of this integration, enhancing the trading experience.
In response to increasing regulatory scrutiny, Spotware has partnered with TRAction for regulatory reporting, aiming to streamline the reporting workflow and ensure accuracy in data submissions. With this partnership, brokers using cTrader can autonomously generate regulatory reports based on their system data, reducing manual efforts and improving report quality.
Introduced in September 2023, the cTrader Invite function enhances the trading ecosystem by allowing users to generate and manage invite links, attribute invited traders to partners, and promote partners’ products. However, it is only available on broker-branded cTrader applications. A partner in this context refers to an entity collaborating with a broker to promote products and assist traders, while a trader is an individual executing trades on the platform.
