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Best Ctrader Platforms

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cTrader is one of the most popular trading platforms among traders over the globe. It supports forex trading, automated trading, copy trading, and more. Many brokers offer cTrader trading because of its popularity. But how do you choose the best cTrader broker? 

Best cTrader Brokers in UAE

In this guide, we will take a look at the best cTrader brokers in the UAE. We will also guide you through the process of setting everything up to trade the markets with the trading platform.

Top 5 Best cTrader Brokers in UAE – Updated for 2022

In the list below you can find the best cTrader brokers in the United Arab Emirates. We updated and revised this list. We will provide you with extensive details about each broker below the top 5.

  • Pepperstone – Overall Best cTrader Broker
  • IC Markets – Best cTrader Broker for Automated Trading
  • FX Pro – Best cTrader Broker for Forex Trading
  • Axiory – Best cTrader Broker for Account Flexibility
  • Fondex Best cTrader Broker for Crypto Trading
RANKBROKERGENERALRANKINGBEST FORWEBSITE
#1PepperstoneAccess to about 200 CFD instruments4.8 / 5Overall Best cTrader BrokerOfficial website
#2IC Markets490 financial instruments4 / 5Best cTrader Broker for Automated TradingOfficial website
#3FX ProFund your account with a credit card, PayPal, Neteller, Skrill, and bank transfers3.8 / 5Best cTrader Broker for Forex TradingOfficial website
#4AxioryMinimum deposit to open account is $504.6 / 5Best cTrader Broker for Account FlexibilityOfficial website
#5FondexSpreads start at 0,0 pips4.6 / 5Best cTrader Broker for Crypto TradingOfficial website

Best cTrader Broker Reviews 

It is important to trade with the right cTrader broker to get the most out of your trading. The platform itself has loads of features, but you will have to find the best cTrader broker because this broker executes the trades for you. They also handle your deposits and withdrawals and hold your capital. Always make sure you are trading with a regulated cTrader broker with excellent customer service and competitive fees. 

Allow us to share with you the best cTrader brokers for traders from the United Arab Emirates. 

From all the cTrader brokers that we tested, there is one broker that stands out. 

01. Pepperstone: Overall Best cTrader Broker

pepperstone-rating

Pepperstone is the best overall cTrader broker. This broker is in business for over 12 years and is regulated by the DFSA, CySEC, BaFIN, FCA, ASIC, and CMA. Pepperstone segregates client funds at tier 1 banks in Australia. This is more secure than cTrader brokers who keep your capital offshore. 

You can choose to open one of the few available trading accounts at Pepperstone. They offer Spread Betting and CFD Trading accounts, which are further divided into Razor and Standard accounts. On the Standard account, you can trade the markets commission-free. With the Razor account you can trade with a commission, but very low spreads. 

Via Pepperstone traders have access to about 200 CFD instruments among asset classes like forex, stocks, commodities, and cryptocurrencies. Pepperstone’s order execution speeds are very fast, coming in at less than 30ms. 

Traders can use Pepperstone to access level 2 market depth via cTrader. They can also use tools like advanced order execution, FIX API, built-in technical indicators, and more. It is possible to test out Pepperstone with a demo account to see how well they perform in conjunction with cTrader.  

ProsCons
Trade over 200 financial instrumentsOnly offers CFD trading and Spread Betting
Fast order execution of less than 30ms
Commission-less trading and competitive spreads

Visit Pepperstone


02. IC Markets: Best cTrader Broker for Automated Trading

ic-markets-rating

IC Markets is a CySec regulated broker that specializes in automated trading. If high-frequency day trading is your thing, then IC Markets is the best broker for you. The order execution speeds are under 40ms and they even offer a low-latency VPS (virtual private server) for their traders. IC Markets has a strict no requotes policy and offers spreads as low as 0.0 pips. 

In total there are 490 financial instruments you can trade on IC Markets of which 60 forex pairs, 24 indices, and more than 200 stocks. IC Markets offers leveraged trading up to 500:1. Apart from being a cTrader broker, traders can connect their IC Markets account to MetaTrader 4 and 5 as well. 

ProsCons
Free access to VPS serversNo investor protection for non-EU traders
Competitive spreads from 0.0 pips
Available with cTrader, MetaTrader 4, and MetaTrader 5


03. FX Pro: Best cTrader Broker for Forex Trading

fx-pro-rating

FXPro is a world-famous regulated CFD broker. They are the sponsor of the McLaren F1 team and have been in business for over 15 years. Traders can trade over 250 markets through FXPro, including forex pairs, commodities, indices, cryptocurrencies, and shares. FXPro offers a cTrader integration that comes with custom tools traders can use like economic calendars and swap rate calculators. 

It is possible to fund your FXPro account with a credit card, PayPal, Neteller, Skrill, and bank transfers. FXPro doesn’t charge a fee for this. Once you have connected FXPro to your cTrader account, you will have access to daily trade ideas based on technical analysis from within the platform. The FXPro customer service is available 24/5 by live chat, email, and phone.   

ProsCons
Trade over 250 financial instrumentsHigh spreads on cryptocurrencies
Daily trade ideas through Trading Central
Wide range of banking options


04. Axiory: Best cTrader Broker for Account Flexibility

axiory-rating

Axiory is the best cTrader broker for account flexibility. This broker offers three trading account types, each with competitive spreads and a fixed commission per trade. With the Max account traders can trade with leverage as high as 777:1. There are few cTrader brokers that offer this type of leverage. All accounts are protected with negative balance protection and the minimum deposit to open one of them is only $50. 

The order execution speeds of Axiory could be quicker, as they are around 130ms. Axiory is a good broker for beginner traders. They offer a demo account and have a trading academy, where traders can learn the ins and outs of day trading. Axiory is regulated by the International Financial Services Commission in Belize. For this reason, Axiory is an offshore cTrader broker.

ProsCons
High leverage of up to 777:1Offshore cTrader broker
Demo account and trading academy for beginnersOrder execution speeds can be quicker
Low minimum deposit


05. Fondex: Best cTrader Broker for Crypto Trading

fondex-rating

Via Fondex traders can trade over 600 instruments from different asset classes like forex, commodities, shares, and indices. Fondex is a cTrader broker that is well-known for its cryptocurrency trading offering. They offer Bitcoin, Ethereum, Litecoin, Ripple, and Dash trading via cTrader through CFDs. The fees at Fondex are competitive, being $1 on shares and forex. Spreads start at 0,0 pips. Fondex doesn’t charge anything for deposits and withdrawals. 

Traders can place different order types at Fondex, including market, stop, limit, trailing stop, and good-til-day orders. They also offer copy and automated trading via cTrader integration. Fondex is regulated by the CySEC and they offer 24/5 customer support by email and live chat. 

ProsCons
Low spreads on cryptocurrenciesOnly offers CFD trading
Many order types available
Competitive fees and spreads


Advantages and Benefits of the cTrader Trading Platform

cTrader is one of the most popular trading platforms, in line with MetaTrader 4 and MetaTrader 5. Not all brokers offer cTrader integration, and from the cTrader brokers that offer it, not all offer the right features. To get the most out of cTrader it is mandatory that you use it in conjunction with a good cTrader broker.

The cTrader trading platform is designed by Spotware and is compatible with Windows, Mac, Android, and iOS operating systems. This means that you can use cTrader on your smartphone and tablet. 

cTrader is a solution for brokers that want to offer their clients forex, CFD, and spread betting. The cTrader platform contains many trading features and tools for both beginners and experienced traders. The most popular tools cTrader offers are the cTrader Copy investment service, cTrader Automate algorithmic trading package, and the cTrader FIX API. 

Other advantages and benefits of using cTrader are:

  • Access to cTrader Trade – This is a premium charting and manual trading platform. It offers advanced charting tools, order types, and fast order execution.
  • 54 Different timeframes which are viewable in Candlesticks, Bars, HLC, Lines, Heikin Ashi, Dots, Renko, Range, and tick charts. 
  • Over 70 built-in technical indicators.
  • cTrader Copy investment service. Follow other traders and copy their trading strategies.
  • cTrader Automate – With cTrader Automate you can write automated trading strategies or deploy trading scripts from others.
  • cTrader Open API – This is a free API you can use to build upon the cTrader web and mobile infrastructure. 
  • cTrader FIX API – Communicate directly with the cTrader server for super-fast execution speeds.
  • Access to market sentiment information, live news feeds, market depth information, and trade statistics. 

How to Choose the Best cTrader Broker

It is not easy to choose the right cTrader broker. What the best cTrader broker for you is, depends on your trading style and strategies. Below we compiled a list of criteria you should look for when picking the best cTrader Broker.

Regulation 

We recommend only trading with a regulated broker that is supervised by the DFSA, CySec, ASIC, FCA, or BaFIN. Always make sure your broker segregates your funds at tier 1 banking institutions in reputable countries. 

Available Assets

As a trader, you want to have access to as many asset classes as possible. This allows you to diversify your portfolio and trade all kinds of markets. Most cTrader brokers don’t offer stocks because their clients are mostly forex traders. There are cTrader brokers that offer share trading. One of these brokers is Pepperstone. 

Open a free Pepperstone account

Fees and Commissions

It is important that you choose a cTrader broker with low, competitive fees. Some brokers charge commissions, whilst others charge spreads. Spreads are the difference between the buy and sell price. When a broker advertises with commission-free trading, they usually charge higher spreads than other brokers.

Trading Tools and Features

As a trader you should always use trading tools and features available to you. This gives you a bigger chance of beating the markets. Most cTrader brokers offer trading tools and features like market analytics and plugins. Pepperstone offers the Smart Trader Tool and AutoChartist plugin for example. This provides you with real-time trading patterns. 

There are many users offering indicators and tools via the cTrader trading community. Most of these trading tools are free to use, but some cost money. We recommend trying out user-created trading tools on a demo account first.

Copy and Automated Trading

The cTrader trading platform allows you to use automated and copy trading software and services. You can develop your own automated trading robots via C# API scripts. It is also possible to develop custom indicators.

cMirror is cTrader’s Copy platform and allows traders to become signal providers. Other traders can then follow and copy their trades from their own trading accounts.

Automate your trading with eToro’s Copy Trading

Customer Service

You want your cTrader broker to have excellent customer service. If you have any problems with your trading account, you get in touch with them. Most brokers offer 24/7 or 24/5 support via live chat and email.

Getting Started with the Best cTrader Broker in the UAE

Now that you know what to look for when choosing the best cTrader broker it is time to get started. Follow the steps below to open an account at Pepperstone, the best overall cTrader broker. 

1. Register

It is easy to open a Pepperstone account. Navigate to the Pepperstone website and click on the ‘Start Trading’ button. Pepperstone will ask if you want to register a personal or institutional trading account. Choose one of both and enter your personal details.

Visit Pepperstone

2. Verify your Identity

Pepperstone is a regulated broker. For this reason, they will ask you to prove your identity. You do this by uploading a photo of your driver’s license, passport, or national ID card. 

3. Funding your account

Once you have verified your identity it is time to deposit funds into your Pepperstone account. You can do this by credit card, bank wire transfer, or PayPal. Pepperstone requires you to deposit $50 (180 AED) or more. 

4. Download cTrader

Download cTrader from your Pepperstone secure client portal area. Once you have done this, log in to cTrader with the credentials Pepperstone provides you.

5. Trade

You can now trade the markets with cTrader. Search for the asset you want to trade and open your first position by selecting an order type and entering an amount you want to invest. 

The Best cTrader Brokers in UAE – Bottom Line

cTrader is one of the most popular trading platforms amongst day traders. In this guide, we told you what the best cTrader brokers are. It is important that you trade with one of these brokers to save on costs and get access to essential trading tools. 

These best cTrader brokers will not scam you and store your capital safe at tier 1 banks in reputable countries. We recommend opening a trading account with Pepperstone.

Visit Pepperstone

eToro – a Great Alternative to the Best cTrader Brokers

Although the cTrader platform is very popular and offers great tools, the eToro trading platform is just as good. eToro’s Copy Trading service is better than cTrader’s Copy Trading feature in some aspects. eToro is a regulated broker founded in 2007 that operates the world’s largest social trading platform. With this social trading platform, you can copy the trading strategies of over 13 million traders. 

eToro offers 2,000+ instruments among asset classes like forex, stocks, commodities, bonds, ETFs, and cryptocurrencies. You can either CFD trade these assets or buy real shares, stocks, and cryptos via eToro. 

Visit eToro, the Best Social Trading Platform


Methodology
The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of the best online brokers. Trading platform, fees, mobile trading, payments, assets, regulation, education and research are all part of our six-month evaluation of a broker’s trading platform.The rating scale was based on thousands of data points that have been weighted into the scoring system. Brokerages were required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online brokers we reviewed. Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Disclaimer
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

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Stefan Grasic (Dipl.-Jur) is the World Wide Director of research for Buisness24-7 and has considerable experience in the financial and investment niche, but also enjoys writing articles for the general readership. Stefan is an active Crypto, Forex and general investment researcher advising blockchain companies at their start up level. He keeps fit by mountain biking, surfing, skiing and lots of other adrenaline sports.

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