SMN
Axiory Global, a forex broker based in Belize and Czhechia, announced it has added the cTrader to the trading platforms, available for its clients. The new platform has been active since May 20.
According to David Kasper, CEO and co-founder of Axiory, cTrader suits the needs of the clients and matches the company policies. Axiory offers straight-through processing (STP) method for the standard cTrader accounts with no handling fee and the electronic connection network (ECN) method (with handling fee) for cTrader non-spread accounts.
“At Axiory, we think it will be possible to expect increased transaction volumes and customer convenience, and more flexible options than ever before by offering the new cTrader service in addition to MetaTrader4 that has been available to date,” Kasper said.
cTrader is an electronic communication network (ECN) trading platform developed by UK’s Spotware Systems. It is a trading tool for forex and CFD trading and is used by around 20 brokerages globally, such as FxPro, Pepperstone, RoboForex, ThinkForex and TradeView.
Originally, cTrader was a trading application developed for ECN transactions, without going through trading desks. It supports many traders who seek a high level of transparency and fast access to the inter-bank market. Its cMirror functionality allows users to provide strategies, broadcast signals and charge commissions, while other users can copy the strategies.
Earlier in May Spotware said it is planning the introduction of swap-free, a.ka. Islamic, accounts.
Axiory is based in Belize and the Czech Republic and is regulated by Belize’s International Financial Services Commission (IFSC).
It offers trading in 37 forex pairs, gold, silver and CFDs on crude oil and indices. The minimum deposit for its STP accounts is $500 and leverage of up to 1:500.
