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Trading platforms are crucial to proprietary trading, allowing traders to conduct technical analysis and make accurate trading decisions. cTrader is among the popular advanced trading software with advanced capabilities. Traders can use custom indicators, automated trading robots, and plenty of other tools to comprehensively analyze markets and make the best trading decisions using cTrader. However, it is imperative to find reliable firms that allow you to use cTrader. In this guide, we are going to explain why cTrader can be your best choice when trading on a funded account and list and review the most reliable prop firms that allow cTrader.
cTrader explained
When seeking a reliable prop firm cTrader might be a top priority as a modern trading platform with advanced features. cTrader is an advanced trading platform with a sizable community and many advanced features. The platform is on par with other popular platforms like MT4 and TradingView in its functionality and offers plenty of advanced features. These features include advanced charting tools, superior customization, a multitude of timeframes, chart types, and many more. The platform allows traders to use almost any method of technical analysis to comprehensively analyze price data and make the wisest trading decisions. The platform is available on all devices including smartphones, tablets, laptops, computers, and even in the form of a web trader.
Benefits of using cTrader in prop trading
cTrader is a multi-platform trading software that can be used from any device, be it mobile, Desktop, or even web browsers. This flexibility can be super useful for traders who have to travel often or like to trade on the go. The platform has quick trade execution, advanced tools for chart analysis, advanced charting tools to change to your favorite time frame and chart type, and much more. Traders can customize cTrader charts to their visual and trading preferences, enabling them to see exactly the data they’re looking for in trading.
Here is a list of all the benefits when option for prop firms with cTrader:
Top 3 cTrader prop firms
The list of reliable prop firms that use cTrader might not be long, but we were able to select 3 most reliable ones.
FundedBull — Low fees, 90% profit-sharing
FundedBull is by far the best cTrader prop firm, with a superior reputation, 90% profit-split, and one of the lowest fees. With 90% profit-sharing and a minimum fee of 40 bucks, FundedBull is a reliable prop firm that has become very popular among prop traders.
? FundedBull offers very attractive and competitive specs in the industry right now:
- Year founded — 2024
- Based in — Singapore
- Minimum fee for lowest funded option — $40
- Minimum FundedBull funding — $5,000
- Maximum FundedBull funding — $250,000
- FundedBull daily loss limit — 4%
- FundedBull maximum drawdown — 8%
- FundedBull profit target — 6%
- FundedBull profit sharing (payouts) — 90%
- Trading platform — DXTrade, MetaTrader 4, MetaTrader 5, cTrader, Match-Trader
- Trading markets — Forex, indices, commodities, cryptos
Sign up for a FundedBull funded account Here! ?
FundedBull Safety, Funding Options, and Assets
Safety is one of the most important factors when selecting a prop firm. FundedBull provides trading services backed by regulated brokers and liquidity providers, allowing the firm to offer diverse platforms. The firm has managed to collect positive trader reviews online, indicating it is a safe and reliable young brand. FundedBull offers diverse funded account choices including 1-step, 2-step, and 3-step funded types. Funded options are similar for all three accounts and include 5k, 10k, 25k, 50k, 100k, and 250k USD amounts. Traders can access diverse markets from these funded accounts such as Forex pairs, indexes, commodities, and cryptos. The leverage is up to 1:50 which is super flexible to control large trading positions when needed.
Sign up for a FundedBull funded account Here! ?
FundedBull Rules, Fees, and Platforms
FundedBull has a simplistic approach to rules. Traders have to maintain a 4% daily risk limit, an 8% maximum drawdown and hit a 6% profit target to get funded. Spreads are low, leverage is flexible, and fees are among the lowest in the industry. The 1-step 5k account costs just $49, the 2-step 5k costs $44, and the 3-step 5k requires just $40 one-time fee. So, there is not much difference between fees for different account types, allowing both beginners and seasoned traders to access funding cheaply. News trading is allowed, and traders can hold open positions overnight or over the weekends, which is good for swing and trend traders. FundedBull provides traders with one of the most diverse choices for trading platforms. The firm supports MT4, MT5, cTrader, and Match-Trader. These platforms are mobile-friendly and support custom indicators and EAs (Expert Advisors).
Sign up for a FundedBull funded account Here! ?
FundedBull Education and Support
FundedBull does not offer educational resources as of now. There are no trading courses, but the firm has an extensive FAQ section and is working on a trader’s blog.
FundedBull customer support is excellent, as commented by many retail traders. There are live chat and email channels available, and the firm also has a Discord channel.
Funded Trading Plus — Diverse Funded Options
Funded Trading Plus is a reputable and popular prop firm with cTrader, allowing traders to access diverse funded options and get an 80% profit split. The funding options range from 5k to 200 grand, and there are diverse funded accounts for traders at every level available.
? Funded Trading Plus specs are very competitive:
- Year founded — 2013
- Based in — London, UK
- Minimum fee for lowest funded account — $119
- Minimum Funded Trading Plus funding — $5,000
- Maximum Funded Trading Plus funding — $200,000
- Funded Trading Plus daily loss limit — 4%
- Funded Trading Plus maximum drawdown — 8%
- Funded Trading Plus profit target — 8%
- Funded Trading Plus profit sharing (payouts) — 80%
- Trading platform — Match-Trader, DXTrade, cTrader
- Trading markets — Forex, commodities, indices, cryptos
Funded Trading Plus Safety, Funding Options, and Assets
Funded Trading Plus is a renowned proprietary trading brand that has been in the business since 2013, making it one of the first prop firms to offer funded accounts. The firm has a 4.7 score in the Trustpilot from more than 2000 reviews indicating that the firm is legit and reliable. The firm offers several funded account types, including One-Phase, Two-Phase, and Instant — No Evaluation options. One-Phase funded account has 12.5k, 25k, 50k, 100k, and 200k options. Instant — No Evaluation allows traders to access 5k, 10k, 25k, 50k, and 100k amounts, and the Two-Phase account has 25k, 50k, 100k, and 200k USD options. With these diverse options, the firm offers value to both beginners and seasoned investors. The available trading assets include Forex majors, minors, exotics, commodities, indexes, and crypto pairs. The firm offers a flexible leverage of up to 1:30 which is more than enough to control trading positions of considerable sizes.
Funded Trading Plus Rules, Fees, and Platforms
Funded Trading Plus has slightly different rules on different accounts, but mostly it revolves around a 5% daily risk limit, 6% maximum drawdown, and a profit target of 8-10%. One-Phase account has a 10% profit target, a 4% daily risk limit, and a 6% maximum drawdown. The Two-Phase account has an 8% profit target, 4% daily, and an 8% maximum loss limit. Instant accounts have no profit target, but there is a 6% daily risk and a 6% maximum risk limit. Fees are competitive, and the firm offers periodic discounts and sales. The One-Phase 12.5k account starts from $119, the Two-Phase minimum 25k account costs $247, and the small 5k Instant account costs $225.
Funded Trading Plus offers diverse choices for trading platforms, including popular software like Match-Trader, DXTrade, and cTrader. These platforms are also available for mobile devices, and cTrader allows custom indicators and automated trading bots (cBots).
Funded Trading Plus Education and Support
What Funded Trading Plus lacks in educational services makes for it by offering excellent customer support services. The firm has video tutorials for trading platforms which can be useful. The support is provided via live chat, email, and hotline channels and both the website and support are in the English language. There is also an extended FAQs section where traders can get quick answers to popular questions.
FTUK — Highest scaling
FTUK is another popular prop firm using cTrader. The firm offers one of the highest scaling with up to 6.4 million dollars. This is a serious amount of money to make huge profits for seasoned traders. For beginners, the firm also offers small accounts from 10k. The firm has 80% profit-sharing and a flexible maximum drawdown of 10% as well.
Sign up for an FTUK funding account Here! ?
? List of FTUK instant funding specs:
- Year founded — 2021
- Based in — Dubai, United Arab Emirates
- Minimum fee FTUK account — $99
- Minimum FTUK funding — $10,000
- Maximum FTUK funding — $100,000 (Up to $6,400,000 with scaling)
- FTUK daily loss limit — 5%
- FTUK maximum drawdown — 10%
- FTUK profit target — 10%
- FTUK profit sharing (payouts) — 80%
- Trading platform — DXTrade, Match-Trader, cTrader
- Trading markets — Forex (majors, minors, exotics), commodities, indices, cryptos
Sign up for an FTUK funding account Here! ?
FTUK Safety, Funding Options, and Assets
FTUK is a reliable prop firm as it has been around 2021 making it experienced, offers trading services via regulated brokers, and has positive trader reviews online. FTUK funded options are diverse and include funding of 10k, 25k, 50k, and 100k USD. The firm also offers several funded account types, One Step, Two Step, and Instant Funding. FTUK allows traders to access diverse financial assets including instruments in Forex (major, minor, exotic), commodities, indices, and cryptos. Instant accounts have up to 1:50 leverage and other accounts allow up to 1:100 leverage.
Sign up for an FTUK funding account Here! ?
FTUK Rules, Fees, and Platforms
FTUK firm has simplistic rules and is very foraging. The daily risk limit is 5%, the maximum drawdown is 10%, and traders have to achieve a 10% profit target to get funded. FTUK pricing is very competitive, the Two Step 10k account costs 99 dollars, the One Step 10k has a 179-dollar fee, and the Instant Funding 10k account costs $199. Two Step 10k account costs 99 dollars, One Step 10k has a 179-dollar fee, and the Instant Funding 10k account costs $199.
FTUK has diverse trading platforms, including Match-Trading, DXTrade, and cTrader. cTrader allows custom indicators and automated trading systems (cBots) and the firm allows mobile trading.
Sign up for an FTUK funding account Here! ?
FTUK Education and Support
FTUK has very limited educational resources available but offers detailed guides on all of its funded trading challenges. The firm offers trading blogs as well, where useful posts are provided. FTUK support offers excellent support via live chat and email channels, and both the website and support are provided in the English language only.
cTrader prop firms comparison table
Here is the best propfirm cTrader table, where traders can compare popular props and select the most suitable for their trading needs.
Firm | Min funding | Max funding | Min funding fee | Profit share | Daily loss limit | Max loss limit | Profit target |
---|---|---|---|---|---|---|---|
FundedBull | 5,000 USD | 250,000 USD | 40 USD | 90% | 4% | 8% | 6% |
Funded Trading Plus | 5,000 USD | 200,000 USD | 119 USD | 80% | 4% | 8% | 8% |
FTUK | 10,000 USD | 100,000 USD | 99 USD | 80% | 5% | 10% | 10% |
How to pass prop challenge using cTrader
Passing the challenge provided by prop firms using cTrader requires several key considerations. Traders have to clearly define their goals, select a suitable prop firm according to their trading style, and develop a well-tested trading strategy. Here are the necessary steps:
Step 1. Define your trading and financial goals
First things first, you need to celery define and write down your financial goals. These goals should be challenging but realistic. Do not aim for the get-rich-quick model, as trading is not for quick riches. What is the average monthly income that would make you financially free and is also realistic to achieve after becoming a profitable trader?
Step 2. Develop a trading strategy
Learn about fundamental and technical analysis, to gauge market sentiment and develop an idea about your trading style and method. Try to write down rules when you would open a trading position, where to set a stop-loss, and when and how to close open positions (use take profit orders or close positions manually?)
Step 3. Backtest and forward test your strategy
After writing down rules for your trading strategy, test them on historical price data, take a look back on the price chart, and see if your trading strategy would make profits.
If your strategy showed profits during backtesting, open a demo account or free trial prop firm account and trade in a live market to ensure it also makes profits in live markets.
Step 4. Select a suitable prop firm
If your strategy was profitable during forward testing, it is time to select a prop firm that suits your strategy. For traders who mastered cTrader, one of these 3 props in this list will be suitable. Depending on your strategy, assets, and risk appetite, select the most suitable firm.
Step 5. Trading psychology, discipline, and risk management
Discipline is critical in prop trading, and it can only be achieved by striking your trading strategy rules. Superior risk management must be part of trading strategy and will act as a shield to stay in the game and avoid breaching daily and maximum risk limits.
How to install cTrader on your PC
Installing cTrader on the PC is a simple process. Traders have to visit the official website and follow our guide. Visit the official website of cTrader (cTrader.com) and scroll down to the bottom, where you can see the button “Install cTrader”. Click on this button, and you will be redirected to a download page where it is possible to select between platforms.
How to install cTrader on Windows
Visit the download page of cTrader as explained above. Choose the first option which is Windows and download it. After the download has been completed, click on it and install it. It will take about 1 minute to install the platform. After installation, you can log in with your credentials or via your Google account.
How to install cTrader on Mac
After visiting the download page or from the main website, you can click on download cTrader for macOS and follow the instructions given by the cTrader installation manager. It is a simple process, and you can log in to your account after the installation has been completed.
Installing cTrader on mobile
Installing cTrader on your mobile device is a fairly simple process. Traders have to visit corresponding app stores on their smartphones or open the store app where they can find cTrader. Android users can search cTrader in their store app, while iOS users have to search the cTrader app in their app store apps. It is super simple to install the platform. Traders have to just click on the installation button just like any other app and that’s it.
FAQs on cTrader prop firms
Which prop firms use cTrader?
Is cTrader suitable for prop trading?
Can I use custom indicators in cTrader?
Can I use trading robots in cTrader?