Spotware,
the developer behind the popular retail trading platform, has launched cTrader
Store, a new marketplace aimed at enabling algo creators to monetize their
trading tools. The new platform wants to change the landscape of algorithmic
trading by providing a secure, user-friendly environment for buying and selling
trading algorithms.
Spotware Unveils cTrader
Store
The cTrader
Store offers a bunch of features for algo developers, featuring secure
transactions, built-in licensing, and access to over 8 million traders
worldwide. This move is part of Spotware’s initiative to enhance the ecosystem
for both developers and traders, while also creating new opportunities for
introducing brokers (IBs) to expand their offerings.
“With over
8 million traders worldwide using cTrader and already having access to Store,
algo creators can tap into a vast pool of potential buyers of high-quality algo
products, significantly expanding their global reach,” Spotware commented in
a statement seen by Finance Magnates. “Sellers on cTrader Store can rely
on a stable revenue stream and enjoy exponential earnings growth as their
products gain visibility among a highly engaged audience.”
What’s Inside
The
platform boasts a streamlined onboarding process, allowing any cTrader user to
sign in using their existing cTrader ID. Sellers undergo a simple verification
process before gaining the ability to publish their cBots, plugins, and
indicators. The store supports both cloud and file uploads, with free cloud
hosting available for algos in cTrader 5.0, enabling sellers to manage their
products from any device.
The
marketplace integrates security features through a third-party payment system
and implements copy protection protocols for algorithm transactions. Each
product listed receives automatic licensing controls, preventing unauthorized
distribution while maintaining source code privacy.
The
marketplace launch follows the recent rollout of cTrader version 5.0, which
added cloud-based algorithm execution capabilities. The update eliminated the
requirement for local hardware to maintain continuous trading operations,
marking a shift toward cloud-based trading infrastructure.
Spotware
currently serves over 250 financial institutions, with its technology powering
operations at major retail brokers IC Markets and Pepperstone.
Spotware,
the developer behind the popular retail trading platform, has launched cTrader
Store, a new marketplace aimed at enabling algo creators to monetize their
trading tools. The new platform wants to change the landscape of algorithmic
trading by providing a secure, user-friendly environment for buying and selling
trading algorithms.
Spotware Unveils cTrader
Store
The cTrader
Store offers a bunch of features for algo developers, featuring secure
transactions, built-in licensing, and access to over 8 million traders
worldwide. This move is part of Spotware’s initiative to enhance the ecosystem
for both developers and traders, while also creating new opportunities for
introducing brokers (IBs) to expand their offerings.
“With over
8 million traders worldwide using cTrader and already having access to Store,
algo creators can tap into a vast pool of potential buyers of high-quality algo
products, significantly expanding their global reach,” Spotware commented in
a statement seen by Finance Magnates. “Sellers on cTrader Store can rely
on a stable revenue stream and enjoy exponential earnings growth as their
products gain visibility among a highly engaged audience.”
What’s Inside
The
platform boasts a streamlined onboarding process, allowing any cTrader user to
sign in using their existing cTrader ID. Sellers undergo a simple verification
process before gaining the ability to publish their cBots, plugins, and
indicators. The store supports both cloud and file uploads, with free cloud
hosting available for algos in cTrader 5.0, enabling sellers to manage their
products from any device.
The
marketplace integrates security features through a third-party payment system
and implements copy protection protocols for algorithm transactions. Each
product listed receives automatic licensing controls, preventing unauthorized
distribution while maintaining source code privacy.
The
marketplace launch follows the recent rollout of cTrader version 5.0, which
added cloud-based algorithm execution capabilities. The update eliminated the
requirement for local hardware to maintain continuous trading operations,
marking a shift toward cloud-based trading infrastructure.
Spotware
currently serves over 250 financial institutions, with its technology powering
operations at major retail brokers IC Markets and Pepperstone.
This post is originally published on FINANCEMAGNATES.
