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MT4 vs cTrader: Which platform would you recommend?

  • #21
  • Dec 17, 2016 12:28pm Dec 17, 2016 12:28pm
Quoting Ockham
ctrader execution is unfortunately
according to your screenshoot the ctrader did close the sell order almost 30 sec later ...
can you confirm that ( i mean confirm because you see it happen) ?

that would be quite interesting as this is a VERY long time.
  • #22
  • Dec 17, 2016 12:44pm Dec 17, 2016 12:44pm
Quoting Ockham
Nullx8 as i understand you re also doing scalping so may be it is good for you to make this test as well, because if you confirm my results switching to mt4 for scalping will give you better results. Regards Ockham
due to plain curoiosity .. i checked the chart ..
i was actually hoping for a volatile moment .. but that was'nt the case.

however, at exactly the time your trade was open there was a gap in the data. (you can see it clearly on the screenshoot)

but anyway you got closed 30 sec later, which is basically a century in the HFT world.. unless the gap caused by a lag .. (that would explain the time difference)
this is somethigns we actually could use to our advantage


i will check on that once the candles start again ... ill transfer some $$ from my ctrader account to the MT4 life account (i not use the MT4 account at all)

and make some future tests
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  • #23
  • Dec 18, 2016 4:27am Dec 18, 2016 4:27am
I used Ctrader for a while and liked the interface but it would randomly log off my account.... imagine leaving overnight trades and waking up to a log in box---> total nightmare.
Dragon Rider
  • #24
  • Edited 5:05am Dec 18, 2016 4:51am | Edited 5:05am
Quoting nullx8
{quote} according to your screenshoot the ctrader did close the sell order almost 30 sec later ...
To poster complaining... order executed 30 seconds later? It is not issue with cTrader.

It maybe your bad internet connection. Have you check your ping? Have you check you wall plug? Are you sure your ISP internet profile is correct for your location and wiring? Are you sure your ISP provider is fast enough, not stuffed by users downloading porn and movies?

How about your comp? Have you check CPU usage under fast ticks? Do you have enough memory? How many charts do you use at once? You know all of them keep updating on every single tick, right? Have you stuffed cTrader tons of purely optimized downloaded indicators?


To poster complaining about cTrader disconnecting... it never happens during trading hours, never. There will be occasional maintenance during weekend, but that is about all. If cTrader gets disconnected, the it is either your broker or your internet connection. And even if it is disconnected, profit and stop loss is set ON THE SERVER, it will execute, whatever your cTrader is down or not, so what is a problem? And by any means, you should have a second option to connect to your account, no matter what platform, I have at least three means at any time, do you? Additionally, when cTrader get disconnected, it will reconnect and log you in automatically. Do an experiment: run cTrader, pull internet plug, wait for Ctrader to disconnect, push the plug again and see what will happen.

To a person complaining about execution level... in normal times with normal spread, I MAY be slipped 0.1-0.2p, but most of the time it executes at exact point. On live account, I dont care about demo. I addition sometimes slippage is negative!!!

Men.... so any thing can go wrong and you blame cTrader? I use cTrader and it is great platform with fast execution, great user interface and cAlgo at my fingers. Fix your problems and make sure those temporary bump speeds dont stop you using it.

Reading through all those complains, sorry to say, but guys, your ignorance is amazing. How do you expect to be successful in this business if you cannot sort out such a basic stuff? Think about that...
  • #25
  • Mar 13, 2017 11:44am Mar 13, 2017 11:44am
Since recently my preferred platform has been РТМС. I use it via OANDA and a couple of months I switched to exchange trading and use this platform as well via Interactive Brokers.
  • #26
  • Mar 23, 2017 11:05am Mar 23, 2017 11:05am
I tried to run ctrader without indicators on a vps with 1 vcpu and 1 go Ram but the cpu is always really near 100%, someone know what is the requirement to run ctrader 1 go ram and 1 vcpu but it is not enough...
There is no way to happiness , happiness is the way.
  • #27
  • Mar 24, 2017 2:56am Mar 24, 2017 2:56am
Quoting Ockham
I tried to run ctrader without indicators on a vps with 1 vcpu and 1 go Ram but the cpu is always really near 100%, someone know what is the requirement to run ctrader 1 go ram and 1 vcpu but it is not enough...
Hi Ockham,

Please find the minimum requirements here

http://help.spotware.com/getting-started/install
cTrader & cAlgo - The New Standards in FX Trading
  • #28
  • Mar 24, 2017 3:17am Mar 24, 2017 3:17am
Quoting cTrader
{quote} Hi Ockham, Please find the minimum requirements here http://help.spotware.com/getting-started/install
Thank you cTrader perfect i will try this
There is no way to happiness , happiness is the way.
  • #29
  • Mar 24, 2017 8:31am Mar 24, 2017 8:31am
Best thing about cTrader account right now is that one can use the FIX API at no additional cost!
That's quite a bold move from Spotware; and it makes all the other stuff opsolet for the pros. But that's the only good thing about a cTrader account.
Also, only few brokers support cTrader..
Return To Disorder
  • #30
  • Mar 27, 2017 2:02am Mar 27, 2017 2:02am
There is very little point to running ctrader on a VOS as the CServers di everything for you (including trailing stop)

i cave a cAlgo together with MT4 running on a amazon vps with 512mb ram and 20g hd, works perfectly.
(copyring about 40 trades/day)
  • #31
  • Aug 3, 2017 12:14pm Aug 3, 2017 12:14pm
Ctrader is good platform may be its the future ... its also gives access of Cmirror ...where you can additionally income a little bit.

honestly c trader , b trader , a trader dosn't matter to me .. as i hardly scalp .. and i hardly need indicators etc etc

but when matter comes to scalping Ctrader & Ninja Trader is way ahead .. as both platform are awesome.

but when matter comes to huge maybe a library of Indicators , Experts Advisors , Mt4 wins its way ahead .

Also with Ctrader, Ninja Trader , broker choice are limited and need a bulky deposit to start with
"Know what you own, and know why you own it" — Peter Lynch
  • #32
  • Aug 3, 2017 2:34pm Aug 3, 2017 2:34pm
Quoting gyanpapi
Ctrader is good platform may be its the future ... its also gives access of Cmirror ...where you can additionally income a little bit. honestly c trader , b trader , a trader dosn't matter to me .. as i hardly scalp .. and i hardly need indicators etc etc but when matter comes to scalping Ctrader & Ninja Trader is way ahead .. as both platform are awesome. but when matter comes to huge maybe a library of Indicators , Experts Advisors , Mt4 wins its way ahead . Also with Ctrader, Ninja Trader , broker choice are limited and need a bulky deposit to...
very true .. but well .. indicators are going away after some time with almost every sucessful trader anyway
i only use vWap .. and well some rare times an RSI to confirm my theories ..

as for huge deposits, this times are pretty much over by now since Spotware startet the broker packaging .. the license costs are gone down alot for the cTrader platform.

as example ICMArkets http://icmarkets.com/?camp=11754 just asking for 200 bucks .. so does pepperstone..
but you can basically start trading with 5$ they wont care much ..

on the other hand .. making money with anything below 5k is pretty much impossible anyway in the long run
  • #33
  • Edited 7:22am Aug 4, 2017 1:57am | Edited 7:22am
I have tested (rather rigorously) both for months...

EXECUTION

Surprisingly, cTrader is better (with external factors almost being equal). Before testing, I assume cTrader should be worse since managed code is involved.

ROBUSTNESS (in terms of programming)

cTrader is better under intensive (statistical) profiling. MT4 would have memory leak under extreme circumstances.

THE CATCH

If there are network-connection glitches, cTrader just remains disconnected until human intervention, whereas MT4 will try to get back online ASAP. What is even worse, cTrader does not have any internal mechanism (such as IsConnect() ) to detect such glitches for traders to take preemptive measures programmatically.

CONCLUSION

"cTrader is a good platform, yet maybe it's the future". Right now, MT4 seems to be maturer than cTrader (repository of EAs, Indicators, Libraries or DLLs is not my concern).
IG seems like a reputable company, but it is not.
  • #34
  • Aug 4, 2017 2:20am Aug 4, 2017 2:20am
the biggest Point of decition is money management .. which is after 10 years of MT4/5 devlopment simply not existing ..

thats shows clearly that the software is made for the brokers .. and not for the traders.
cTrader gives a much different view .. as i can see in one single screen what will cost me how much in % and $
and on the end of the day, thats the only thing that does matter
  • #35
  • Aug 4, 2017 2:40am Aug 4, 2017 2:40am
Quoting nullx8
the biggest Point of decition is money management .. which is after 10 years of MT4/5 devlopment simply not existing .. thats shows clearly that the software is made for the brokers .. and not for the traders. cTrader gives a much different view .. as i can see in one single screen what will cost me how much in % and $ and on the end of the day, thats the only thing that does matter
For this, I appreciate. The way brokers can manipulate in MT4 is beyond the notion of "unbelievable".
IG seems like a reputable company, but it is not.
  • #36
  • Aug 4, 2017 4:28am Aug 4, 2017 4:28am
Quoting mathTrader8
{quote} For this, I appreciate. The way brokers can manipulate in MT4 is beyond the notion of "unbelievable".
Do not be too optimistic. The cTrader was developed and introduced by a broker, which was using those "unbelievable" features very intensively (my private statistics focused on virtual dealer plugin, from live FxPro trading 2010-2012). I doubt they introduced cTrader to decrease their control.
  • #37
  • Aug 4, 2017 6:27am Aug 4, 2017 6:27am
with a broker Ctrader ECN spread on NZDCHF is 5 , and there Mt4 Platform spread is 1 Pips Both are ECN and backed by same liquidity provider ...

Ctrader claims brokers cannot manipulate is that true ?
"Know what you own, and know why you own it" — Peter Lynch
  • #38
  • Aug 4, 2017 7:05am Aug 4, 2017 7:05am
Quoting Halley
{quote} Do not be too optimistic. The cTrader was developed and introduced by a broker, which was using those "unbelievable" features very intensively (my private statistics focused on virtual dealer plugin, from live FxPro trading 2010-2012). I doubt they introduced cTrader to decrease their control.
Dear Halley,

We would like to clarify that cTrader was not developed by FxPro. Indeed, FxPro was one of the early adopters of cTrader but now it is used by many other brokers, some of them mentioned in this thread. If cTrader was developed by a broker, it would probably not be available to other brokers as well.

Best Regards,

cTrader Team
cTrader & cAlgo - The New Standards in FX Trading
  • #39
  • Aug 4, 2017 7:20am Aug 4, 2017 7:20am
Quoting cTrader
{quote} Dear Halley, We would like to clarify that cTrader was not developed by FxPro. Indeed, FxPro was one of the early adopters of cTrader but now it is used by many other brokers, some of them mentioned in this thread. If cTrader was developed by a broker, it would probably not be available to other brokers as well. Best Regards, cTrader Team
The way Spotware handles business is nothing like a broker but much more like a veteran software corporation-- I suspect cTrader is tightly linked to Microsoft :-)
IG seems like a reputable company, but it is not.
  • #40
  • Aug 4, 2017 7:28am Aug 4, 2017 7:28am
Quoting gyanpapi
with a broker Ctrader ECN spread on NZDCHF is 5 , and there Mt4 Platform spread is 1 Pips Both are ECN and backed by same liquidity provider ... Ctrader claims brokers cannot manipulate is that true ?
Dear Gyanpapi,

Brokers cannot manipulate prices in cTrader, this is true. You can rest assured that your orders are executed based on market prices. However, it could be possible that brokers offer different spreads for different types of accounts. Or this could also be because the prices come from different liquidity providers which may be used for different account types. You should check with your broker why the difference in spread for the two platforms.

Best Regards,

cTrader Team
cTrader & cAlgo - The New Standards in FX Trading
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